Full text of Survey of Current Business : November 2003
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NOVEMBER 2 0 0 3
S urvey of C urrent B usiness
In This Issue . . .
Chained-Dollar Indexes: Issues, Uses, and Upcoming Changes
U.S. Business Investment by Industry for 1997
U.S.-Canadian Current-Account Reconciliation
Operations of U.S. Multinational Companies in 2001
State Personal Income, Second Quarter 2003
B U R E A U O F E C O N O M I C A N A L Y S IS
E C O N O M IC S A N D S T A T I S T I C S A D M I N I S T R A T I O N
U.S. DEPARTMENT OF COMMERCE
BH
3
U.S. Department of Commerce
Donald L. Evans, Secretary
Economics and Statistics Administration
Kathleen B. Cooper, Under Secretary fo r Economic Affairs
Bureau of Economic Analysis
J. Steven Landefeld, Director
Rosemary D. Marcuss, Deputy Director
Dennis J. Fixler, Chief Statistician
Barbara M. Fraumeni, ChiefEconomist
Suzette Kern, Associate Director fo r Management
and Chief Administrative Officer
Ralph Kozlow, Associate Directorfo r International Economics
Alan C. Lorish, Jr., Chief Information Officer
Brent R. Moulton, Associate Directorfo r National
Economic Accounts
Sumiye Okubo, Associate Directorfo r Industry Accounts
John W. Ruser, Associate Directorfor Regional Economics
BEA Advisory Committee
The B E A Advisory Committee advises the Director o f B E A on matters related to the
development and improvement o f B EA ’s national, regional, industry, and interna
tional economic accounts, especially in areas o f new and rapidly growing economic
activities arising from innovative and advancing technologies, and it provides
recommendations from the perspective o f businessmen, academicians, researchers,
and experts in government and international affairs.
William D. Nordhaus, Chair, Yale University
Alan J. Auerbach, University of California, Berkeley
Richard B. Berner, Morgan Stanley
Michael J. Boskin, Stanford University
Barry R Bosworth, The Brookings Institution
Robert J. Gordon, Northwestern University
Maurine A. Haver, Haver Analytics, Inc.
Charles R. Hulten, University o f Maryland
Dale W. Jorgenson, Harvard University
Edward E. Learner, University o f California, Los Angeles
Karen R. Polenske, Massachusetts Institute o f Technology
Joel L. Prakken, Macroeconomic Advisers, LLC
The Survey o f C urrent Business (ISSN 0039-6222) is
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Acting Editor-in-Chief: M. Gretchen Gibson
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M anuscript Editor: M. Gretchen Gibson
Production Editor: Ernestine T. Gladden
Editor: Kristina L. Maze
This issue went to the printer on November 18, 2003.
It incorporates data from the following monthly BEA
news releases:
U.S. International Trade in Goods and
Services (Nov. 13),
Personal Incom e and Outlays (O ct. 31) and
Gross Domestic Product (O ct. 30).
S u r v ey
of
C u r r en t B usiness
N ovem ber 2003
V o lu m e 8 3
• N u m b e r 11
1 Business Situation: Advance Estimates for the Third Quarter of
2003
The pace of U.S. production accelerated in the third quarter of 2003. Real GDP
increased 7.2 percent after increasing 3.3 percent in the second quarter. The acceler
ation reflected an improved trade balance and strong consumer spending. Inflation
was moderate: The price index for gross domestic purchases increased 1.9 percent
after increasing 0.4 percent, partly reflecting an upturn in energy prices.
8 Chained-Dollar Indexes: Issues, Tips on Their Use, and Upcoming
Changes
This article discusses the advantages of using chain-weighted indexes and the chal
lenges of using chained dollars. It outlines BEA’s plans to address these issues as part
of the 2003 comprehensive revision of the NIPAs, and it provides suggestions for
using chained dollars so that biases and errors are minimized in forecasting and in
other applications in which the components of GDP are aggregated.
18 Business Investment by Industry in the U.S. Economy for 1997
The capital flow table shows the destination of the new capital investment in equip
ment, software, and structures by the industries that purchased or leased these cap
ital goods and services. It provides a detailed view of the investment o f 180
commodities for 123 industries on the basis of the North American Industry Classi
fication System. This table supplements the use table from the 1997 benchmark
input-output accounts that shows private fixed investment by detailed commodity
for each industry.
72 Reconciliation of the U.S.-Canadian Current Account, 2001 and
2002
Each year, the U.S. and Canadian current-account estimates are reconciled using a
common set of definitions, methodologies, and data sources. On the reconciled
basis, the U.S. current-account deficits with Canada are larger than those shown in
the U.S.-published accounts. For 2001, the deficit on the reconciled basis is $39.1
billion, and the U.S.-published deficit is $28.1 billion. For 2002, the reconciled defi
cit is $38.0 billion, and the published deficit is $30.4 billion.
85 U.S. Multinational Companies: Operations in 2001
The worldwide value added in production by U.S. multinational companies de
creased 7.7 percent in 2001, reflecting decreases in production by both U.S. parent
companies and their majority-owned foreign affiliates. Despite the decreases in
www.bea.gov
/■/'
November 2003
production, these companies continued to increase their capital spending.
By industry, the decrease in production was most pronounced in the manufac
ture of durable goods, such as motor vehicles and computers, due to weak
demand. By area, the decreases were most pronounced in Africa and in Latin
America and Other Western Hemisphere.
106 State Personal Income: Second Quarter 2003
Personal income for the Nation grew 0.8 percent in the second quarter of 2003,
about the same as in the first quarter. Reflecting the above-average growth in
natural resources and mining, 4 of the 10 fastest growing states were in the Plains
region, and 2 of the 10 were in the Rocky Mountain region. In 21 states and the
District of Columbia, net earnings, the largest of the three major components of
personal income, grew faster in the second quarter than in the first quarter.
D-1 BEA Current and Historical Data
Inside back cover: BEA Web Site and BEA Contacts
Back cover: Schedule of Upcoming News Releases
L o o k in g A
head
Comprehensive Revision of the National Income and Product Accounts.
The release of the upcoming comprehensive revision of the NIPAs is
scheduled for December 10, 2003. The December Survey will provide a
summary of the revised estimates. The January 2004 Survey will include an
article that describes the comprehensive revision in detail and an extensive
set of tables that will present the revised estimates.
1
November 2003
Business Situation
A dvan ce E stim ates fo r th e Third Q u a rter o f 2003
A
CCORDING to the “advance” estimates of the
national income and product accounts (NIPAs),
U.S. production and real disposable personal income
accelerated in the third quarter of 2003; inflation was
moderate (chart 1).
• Real gross domestic product (GDP) increased 7.2
percent in the third quarter after increasing 3.3 per
cent in the second (table l) .1 The most recent
increase is the largest since early 1984, but an
increase almost as large (7.1 percent) was recorded
in the fourth quarter of 1999.
1. Quarterly estimates in the NIPAs are expressed at seasonally adjusted
annual rates, unless otherwise specified. Quarter-to-quarter dollar changes
are differences between these published estimates. Percent changes are cal
culated from unrounded data and annualized. “Real” estimates are in
chained (1996) dollars, and price indexes are chain-type measures.
This article was prepared by D aniel Larkins.
Chart 1. Selected Measures: Change From
Preceding Quarter
• Real disposable personal income increased at the
same rate as real GDP in the third quarter. The
sharp rise largely reflected the effects of tax legisla
tion enacted in the spring of this year.
• The price index for goods and services purchased by
U.S. residents increased 1.9 percent in the third
quarter after increasing only 0.4 percent in the sec
ond. About half of the step-up reflected an upturn
in energy prices.
The acceleration in real GDP growth mainly re
flected an improvement in the trade balance and
stronger growth in consumer spending, but residential
investment and nonresidential investment in equip
ment and software also contributed.2 These develop2. In this article, “consumer spending” is shorthand for the NIPA series
“personal consumption expenditures,” “government spending” is short
hand for “government consumption expenditures and gross investment,”
and “inventory investment” is shorthand for “change in private invento
ries.”
Table 1. Real Gross Domestic Product and Related Measures
[Seasonally adjusted at annual rates]
Billions of chained (1996) dollars
2003
2002
III
IV
I
Gross domestic product............
9,797.2
32.6
33.8
Less: Exports of goods and services
Plus: Imports of goods and services.
1,079.3 -16.1 -3.5
1,602.0 28.1 -25.4
Equals: Gross domestic
purchases...........................
10,277.5
Less: Change in private inventories
-35.8
Equals: Final sales to domestic
purchasers..........................
U.S. Bureau of Economic Analysis
II
I
II
III
1.4
1.4
3.3
7.2
23.8 -5.8 -1.3
0.3 7.4 -6.2
-1.0
8.8
9.3
0.1
2.9
0.6
4.4
6.0
2.6
1.4
5.1
6.6
1./
2.0
-8.2 -2.0
b.1
6.1
2.2 0.9
3.8
24.3
1.4
1.4
6.6
26.9
7.9
2.2
77.4 167.8
-2.6
33.3
2003
IV
III
15.2 108.7 148.1
7.0 -21.0 -22.4 -18.2
64.0
34.6 126.3 163.9
6,842.1 28.0
1,126.6 -21.8
2,023.7 24.2
3,748.5 20.0
Private fixed investment...............
Nonresidential..........................
Structures............................
Equipment and software......
Residential................................
1,669.1
1,224.9
211.9
1,036.0
431.6
16.9 -0.6
6.6 -13.2
-5.6 -1.6
14.9 -12.2
9.6
8.8
27.4
20.9
2.2
19.6
6.5
Government consumption
expenditures and gross
investment.................................
Federal......................................
National defense..................
Nondefense..........................
State and local.........................
1,778.3
671.7
450.2
222.0
1,107.6
19.4
16.3
10.7
5.6
3.4
1.7
1.1
-3.5
4.5
0.6
3b.9
37.0
40.5
-3.1
-0.5
9,814.7
7,280.6
25.9
24.2
53.1
27.3
94.9 183.6
45.1 125.9
Final sales of domestic product....
Disposable personal income........
2003
70.8
2002
2003
Personal consumption
expenditures..............................
Durable goods..........................
Nondurable goods....................
Services....................................
Addenda:
2000
2001
2002
Note. Percent change at annual rate from preceding quarter,
based on seasonally adjusted estimates.
10,294.9
Percent change from
preceding quarter
Change from
preceding quarter
Level
33.0
-5.2
28.9
7.9
63.0 108.2
56.1 65.1
6.7 38.1
13.1 20.5
53.8 4.4
31.9 2.3
-1.3 -9.9
36.5 6.2
19.6 9.4
b./
2.2
0.0
2.3
3.5
-0.1
-4.4
-2.9
-4.8
10.1
4.6 0.4
11.0 0.7
11.0 -3.3
11.1
8.4
1.2 0.2
1.1
1.4
2.3
1.6
7.1 14.0
7.3 11.1
4.2 -2.4
8.3 15.4
6.6 20.4
8.5
25.5
45.8
-5.4
-0.2
1.3
1.4
0.0
4.1
1.3
4.0
2.6
7.8
7.2
N ote . Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes
uses weights of more than one period, the corresponding chained-dollar estimates usually are not additive. Chained
(1996) dollar levels and residuals, which measure the extent of nonadditivity in each table, are shown in NIFA tables 1.2,
1.4, and 1.6. Percent changes are calculated from unrounded data. Percent changes in major aggregates are shown in
NIPA table S.1. (See “Selected NIPA Tables,” which begins on page D-2 in this issue.)
2
Business Situation
November 2003
ments were partly offset by a slowdown in government consecutive quarter and contributed 0.92 percentage
spending and a downturn in nonresidential invest point to third-quarter GDP growth after contributing
ment in structures. Inventory investment decreased 0.31 percentage point to second-quarter growth. Con
about as much as in the second quarter.
struction of housing units increased more than in the
Exports and imports combined to produce an im second quarter, and brokers’ commissions stepped up
provement in the trade balance. Exports turned up, on the strength of record home sales.
and the growth of imports slowed sharply. (Imports
Nonresidential fixed investment contributed 1.12
are subtracted in the calculation of the trade balance percentage points to GDP growth in the third quarter
and of GDP.) The upturn in exports was mainly ac after contributing 0.74 percentage point in the second
counted for by nonautomotive capital goods and by quarter. Investment in equipment and software
travel services. In imports, most categories of goods stepped up; “other” equipment (including agricultural
contributed to the slowdown, while services (led by and construction equipment) accelerated, and trans
travel services) turned up. Combined, exports and im portation equipment (mainly motor vehicles) turned
ports added 0.84 percentage point to GDP growth in up. In contrast, investment in structures turned down;
the third quarter after subtracting 1.29 percentage oil-well exploration and development slowed, and
points in the second (table 2).
construction by utilities decreased more than in the
Consumer spending increased 6.6 percent in the second quarter. The increase in equipment and soft
third quarter— almost 3 percentage points more than ware was the biggest since early 2000; the decrease in
in the second quarter— and contributed 4.66 percent structures was the ninth in the last 11 quarters.
age points to GDP growth after contributing 2.68 per
Government spending slowed and contributed 0.27
centage points. Purchases of durable goods, of percentage point to third-quarter GDP growth after
nondurable goods, and of services all increased more contributing 1.59 percentage points to second-quarter
than in the second quarter. The step-up in nondurable growth. National defense spending was flat after in
goods was the most pronounced, and all the major cat creasing very sharply; this slowdown was only partly
egories of nondurable goods contributed. The step-up offset by upturns in Federal nondefense spending and
in services was mainly accounted for by purchases of in spending by states and localities.
electricity and gas. In durable goods, step-ups in pur
Inventory investment subtracted 0.67 percentage
chases of motor vehicles and of furniture and house point from GDP growth in the third quarter, about the
hold equipment were partly offset by a slowdown in same amount as in the second quarter. The pace of in
purchases of “other” durable goods.
ventory liquidation increased in the third quarter.
Residential investment increased for the seventh
The advance estimates for the third quarter also
show the following:
Table 2. Contributions to Percent Change in
• Real final sales of domestic product (GDP less the
Real Gross Domestic Product
change in private inventories) increased 7.8 percent
[Seasonally adjusted at annual rates]
after increasing 4.0 percent.
2002
2003
• Real gross domestic purchases increased 6.0 percent
IV
I
II
III
after increasing 4.4 percent.
Percent change at annual rate:
1.4
3.3
7.2
Gross domestic product...................................
1.4
• The production of goods and of structures
Percentage points at annual rates:
increased substantially more in the third quarter
Personal consumption expenditures...................
1.19
1.40
2.68
4.66
-0.17
1.79
than in the second, but the production of services
Durable goods.................................................
-0.72
2.05
1.21
Nondurable goods...........................................
1.01
0.28
1.61
slowed (table 3).
1.00
Services...........................................................
0.90
0.36
0.60
•
The
output of motor vehicles turned up sharply.
Gross private domestic investment......................
0.30
1.37
0.93
-0.83
Fixed investment..............................................
2.04
0.65
-0.02
1.05
Excluding
motor vehicle output, real GDP
Nonresidential..............................................
0.24
-0.47
0.74
1.12
-0.07
Structures................................................
-0.25
0.10
-0.05
increased 6.1 percent in the third quarter after
Equipment and software..........................
0.64
0.49
-0.40
1.18
Residential...................................................
0.92
0.41
0.45
0.31
increasing 3.5 percent in the second.
-0.67
Change in private inventories..........................
-0.82
-0.74
0.28
•
Final
sales of computers stepped up sharply, regis
Net exports of goods and services.......................
-1.29
0.84
-1.59
0.78
Exports............................................................
-0.59
-0.13
-0.09
0.88
tering
the largest increase since early 1983. Exclud
Goods..........................................................
-0.82
0.13
-0.10
0.50
-0.25
0.02
0.38
Services.......................................................
0.23
ing
final
sales of computers, real GDP increased 6.7
-1.21
-0.04
Imports.............................................................
0.91
-1.00
-0.71
0.81
-1.50
0.29
Goods..........................................................
percent
after
increasing 3.1 percent.
-0.33
Services.......................................................
-0.30
0.10
0.30
• The personal saving rate edged up to 3.3 percent
Government consumption expenditures and
gross investment..............................................
0.85
0.08
1.59
0.27
from 3.2 percent.3
Federal.............................................................
National defense..........................................
Nondefense.................................................
State and local.................................................
0.70
0.46
0.25
0.15
0.05
-0.15
0.20
0.03
1.61
1.74
-0.13
-0.02
0.11
0.01
0.10
0.16
N ote . More detailed contributions to percent change in real gross domestic product are shown in NIPA
table 8.2. Contributions to percent change in major components of real gross domestic product are shown in
tables 8.3 through 8.6.
3. The personal saving rate is measured as personal saving as a percentage
o f current-dollar disposable personal income. An estimate o f the national
saving rate (which is measured as gross saving as a percentage o f gross
national product) will be available at the end o f November along with the
“preliminary” estimates o f the NIPAs for the third quarter.
November 2003
Su r v e y
of
3
C u r r e n t B u s in e s s
Table 3. Real Gross Domestic Product by Type of Product
[Seasonally adjusted at annual rates]
Billions of chained (1996) dollars
Percent change from preceding quarter
Level
Change from preceding quarter
2003
2002
III
IV
2002
2003
I
II
2003
IV
III
I
II
III
Gross domestic product..................................................................
9,797.2
32.6
33.8
77.4
167.8
1.4
1.4
3.3
7.2
G oods.............................................................................................................
Services.........................................................................................................
Structures.....................................................................................................
3,919.3
5,089.1
806.0
-1 4 .7
38.2
4.8
20.8
7.2
6.9
23.1
44.9
8.2
135.3
22.4
22.1
-1 .6
3.1
2.5
2.2
0.6
3.6
2.5
3.6
4.3
15.1
1.8
11.7
390.9
9,411.3
-1 3 .3
44.0
- 1 .6
35.0
-3 .1
79.6
33.2
138.9
-1 3 .4
1.9
-1 .8
1.5
-3 .3
3.5
42.6
6.1
26.7
1.2
28.2
1.3
27.8
3.1
94.1
6.7
Addenda:
Motor vehicle output...................................................................................
Gross domestic product less motor vehicle output............................
Final sales of computers............................................................................
Gross domestic product less final sales of computers......................
N o te .
See note to table 1 for an explanation of chained (1996) dollar series. Chained (1996) dollar levels and residuals tor most items are shown in NIFA table 1.4. Detail on motor vehicle output is shown in NIPA table 8.9B.
Third-Quarter 2003 Advance NIPA Estimates: Source Data and Assumptions
The “advance” estimate for the third quarter is based on
Change in private inventories: Trade and nondurable
the following major source data; as more and better data manufacturing inventories (2), durable manufacturing
become available, the estimates will be revised. (The inventories (3), and unit auto and truck inventories (3);
number of months for which data were available is
Net exports of goods and services: Exports and imports of
shown in parentheses.)
goods and services (2);
Government consumption expenditures and gross invest
Personal consumption expenditures: Sales of retail stores
(3), unit auto and truck sales (3), and consumers' shares ment: Some Federal outlays were available for 2 months,
of auto and truck sales (2);
others for 3, state and local construction put in place (2),
Nonresidential fixed investment: Unit auto and truck and State and local employment (3);
sales (3), construction put in place (2), manufacturers'
GDP prices: Consumer price indexes (3), producer price
shipments of machinery and equipment other than air indexes (3), U.S. import and export price indexes (3),
craft (3), shipments of civilian aircraft (2), and exports and values and quantities of petroleum imports (2).
and imports of machinery and equipment (2);
BEA made assumptions for source data that were not
Residential investment: Construction put in place (2), available. Table A shows the assumptions for key series; a
single-family housing starts (3), and sales of new and more comprehensive list is available on BEA’s Web site at
existing houses (3);
<www.bea.gov>.
Table A. Summary of Major Data Assumptions for Advance Estimates, 2003:lll
[Billions of dollars, seasonally adjusted at annual rates]
2003
April
Private fixed investment:
Nonresidential structures:
Value of new total private construction put in place less residential (including improvements) ....
Equipment and software:
Manufacturers' shipments of complete aircraft..........................................................................................
Residential structures:
Value of new residential construction put in place:...................................................................................
Single-family...................................................................................................................................................
Multifamily........................................................................................................................................................
Change in private inventories:
Change in inventories for nondurable manufacturing...............................................................................
Change in inventories for merchant wholesale and retail industries other than motor vehicles
and equipment...............................................................................................................................................
Net exports:2
Exports of goods:
U.S. exports of goods, international-transactions-accounts basis...................................................
Excluding g o ld ...............................................................................................................................................
Imports of goods:
U.S. imports of goods, international-transactions-accounts basis...................................................
Excluding g o ld ...............................................................................................................................................
Net exports of goods.........................................................................................................................................
Excluding g o ld ...............................................................................................................................................
Government:
State and local:
Structures:
Value of new construction put in place................................................................................................
May
June
July
S eptem ber1
August
218.9
216.1
217.1
217.8
212.0
213.4
20.0
22.6
34.1
29.1
24.8
21.9
287.6
32.7
290.6
33.6
292.9
33.4
297.3
33.9
303.0
34.4
308.7
35.0
2.4
-3.9
10.9
-4.6
4.3
1.2
-14.7
-24.5
5.6
15.2
-4.6
-12.4
686.8
682.9
693.1
687.9
711.1
703.3
724.2
720.5
693.0
686.0
712.1
707.8
1,243.1
1,240.2
-556.3
-557.3
1,253.0
1,249.4
-559.8
-561.5
1,252.0
1,246.2
-540.9
-542.9
1,264.6
1,262.1
-540.4
-541.6
1,226.9
1,221.5
-5339
- 535.6
1,268.7
1.265.0
-556.6
-557.2
191.5
193.2
199.5
198.1
198.8
198.5
1. Assumption.
2. Nonmonetary gold is included in balance-of-payments-basis exports and imports but is not used directly in the estimation of NIFA exports and imports.
Prices, n ext page.
4
Business Situation
November 2003
Prices
A step-up in the price index for gross domestic pur
chases was partly accounted for by an upturn in energy
prices (table 4). Excluding food and energy items, the
price index increased 1.5 percent in the third quarter
after increasing 0.8 in the second (chart 2).
Prices of goods and services purchased by consum
ers increased 2.4 percent after increasing less than 1
percent. The price of gasoline and oil turned up, while
the price of fuel oil and coal decreased less than in the
second quarter. Food prices increased about the same
as in the second quarter. The prices of other consumer
purchases increased 1.8 percent after increasing 1.1
percent. Prices of services increased 3.1 percent, virtu
ally the same as in each of the preceding five quarters.
Prices of durable goods decreased 3.6 percent, about
the same as in each of the first two quarters of this
Table 4. Price Indexes
[Percent change at annual rates; based on seasonally adjusted index numbers (1996=100)]
2002
IV
2003
I
II
III
Gross domestic product.........................................
1.8
2.4
1.0
1.7
Less: Exports of goods and services.......................
Plus: Imports of goods and services.........................
0.9
0.9
3.9
11.7
0.8
-3.9
1.9
3.1
Equals: Gross domestic purchases.....................
1.8
3.4
0.4
1.9
year; since the first quarter of 1995, prices on durable
goods have decreased at an average annual rate of 2.2
percent.
Prices of private fixed investment increased 0.9 per
cent in the third quarter after decreasing that amount
in the second. Prices of equipment and software de
creased less than in the second quarter, and prices of
structures turned up. Since the beginning of 1995,
equipment and software prices have increased only
twice— and then only slightly. Prices of structures, in
contrast, have increased in five of the last six quarters.
Prices paid by government increased 1.1 percent af
ter decreasing slightly. The upturn mainly reflected
prices paid by states and localities for nondurable
goods (including energy goods).
The GDP price index, which measures the prices
paid for goods and services produced in the United
States, increased 1.7 percent, 0.2 percentage point less
than the price index for gross domestic purchases. The
difference between the two indexes reflects a smaller
increase in export prices than in import prices.4 The
increase in import prices was dominated by petro
leum.
4. Export prices are included in the GDP price index; import prices are
included in the price index for gross domestic purchases.
Less: Change in private inventories..........................
Equals: Final sales to domestic purchasers
1.8
3.5
0.3
1.9
Personal consumption expenditures....................
Durable goods...................................................
Nondurable goods.............................................
Services............................................................
1.8
-2.2
1.2
3.0
2.7
-3.7
4.6
3.1
0.8
-3.8
-1.9
3.1
2.4
-3.6
3.6
3.1
Private fixed investment........................................
Nonresidential...................................................
Structures.....................................................
Equipment and software...............................
Residential........................................................
1.8
0.4
2.3
-0.2
5.0
1.9
-0.4
4.1
-1.8
7
-0.9
-1.5
-0.4
-1.8
0.4
0.9
0.3
2.2
-0.2
2.0
Government consumption expenditures and
gross investment...............................................
Federal..............................................................
National defense...........................................
Nondefense...................................................
State and local..................................................
1.6
0.3
1.2
-1.2
2.2
7.9
9.8
9.3
10.9
6.9
-0.4
0.9
0.8
1.0
-1.1
1.1
1.0
1.1
0.8
1.1
1.8
8.8
1.5
1.8
52.6
1.8
2.4
-13.7
0.8
2.4
11.2
1.5
-2
1.8
7.6
1.5
1.7
46.4
0.8
2.4
-8.1
1.1
2.5
12.3
1.8
Note. Percent change at annual rate from preceding quarter,
based on seasonally adjusted index numbers (1996=100).
Addenda:.................................................................
Gross domestic purchases:..................................
Food..................................................................
Energy...............................................................
Less food and energy........................................
Personal consumption expenditures:...................
Food..................................................................
Energy goods and services1............................
Less food and energy........................................
N .
ote Percent changes in major aggregates are shown in NIPA table 8.1. Index numbers are shown in
tables 7.1,7.2, and 7.4.
Chart 2. Gross Domestic Purchases Prices:
Change From Preceding Quarter
Percent
6
------------------------------------------------------------------------------------------------------------■ Total
I Less Food and Energy
-------------------------- 1--------------------------- 1--------------------------- 1------------------
2000
U.S. Bureau of Economic Analysis
2001
2002
2003
November 2003
5
Survey of C urrent B usiness
Personal Income
The growth of real disposable personal income (DPI)
accelerated sharply in the third quarter (chart 3). The
step-up mainly reflected a $100.0 billion drop in per
sonal tax and nontax payments (table 5). In turn, the
drop in taxes reflected the lower withholding rates and
the advance payments of child tax credits provided by
the Jobs and Growth Tax Relief Reconciliation Act of
2003 (signed into law May 28, 2003). The step-up in
real DPI was restrained by a 2.4-percent increase in the
implicit price deflator for personal consumption ex-
penditures (which is used to deflate DPI); in the sec
ond quarter, the deflator had increased 0.8 percent.
Personal income, which is measured only in current
dollars, increased $91.0 billion (or 4.0 percent) after
increasing $75.8 billion (3.4 percent). The step-up
mainly reflected an upturn in rental income of persons
and a step-up in proprietors5 income; in addition,
wage and salary disbursements contributed to the
Table 5. Personal Income and Its Disposition
[Billions of dollars; seasonally adjusted at annual rates]
Level
Chart 3. Selected Personal Income and Saving
Measures
Billion
300
CHANGE IN PERSONAL INCOME
240
180
12 0
60
Percent
20
llll.. Illllll
CHANGE IN REAL DISPOSABLE PERSONAL INCOME
10
Change from preceding quarter
2003
2002
III
IV
I
Wage and salary disbursements.......................
Private industries.............................................
Goods-producing industries......................
Manufacturing..........................................
Distributive industries..................................
Service industries........................................
Government.....................................................
5,107.7
4,217.2
1,111.9
746.5
1,132.4
1,972.9
890.5
15.7
7.4
-5.9
-5.9
-3.2
16.6
8.3
30.7
15.1
-3.1
-1.4
7.2
10.9
15.6
Other labor income..............................................
649.6
12.7
9.0
5.8
4.6
Proprietors’ income with IVA and CCAdj............
Farm................................................................
Nonfarm...........................................................
833.6
20.7
812.9
12.9
1.0
11.9
12.8
2.5
10.3
20.1
1.2
18.9
29.1
5.3
23.8
Rental income of persons with CCAdj................
Personal dividend income....................................
Personal interest income.....................................
121.1
466.5
1,082.0
-13.5
6.5
0.2
-3.7
7.4
-5.1
-11.6
7.8
5.7
5.8
7.5
0.5
Transfer payments to persons..............................
1,383.2
20.7
21.7
24.8
17.6
Less: Personal contributions for social insurance
396.5
1.5
5.1
2.1
2.5
Personal income........................................
9,247.0
53.6
67.7
75.8
91.0
Less: Personal tax and nontax payments...............
982.6
-8.9
-16.5
9.0
-100.0
2003
II
III
25.4
16.1
2.8
-3.2
2.7
10.6
9.3
28.5
28.3
2.9
-0.9
7.9
17.5
0.2
Equals: Disposable personal income......................
8,264.4
62.6
84.1
66.8
191.0
Less: Personal outlays.............................................
7,987.7
57.7
86.9
86.1
174.0
Equals: Personal saving..........................................
276.7
4.9
-2.9
-19.2
17.0
7.7
0.0
8.8
0.0
0.0
-1.0
6.3
0.0
3.3
0.7
1.6
4.8
0.7
-1.6
-1.6
0.0
2.0
-2.0
0.0
0.0
7.6
3.9
0.5
0.0
7.1
3.9
0.0
0.0
0.0
0.0
Addenda: Special factors in personal income:
-1 0
lllllil.lllllll
Percent
5
PERSONAL SAVING RATE
-5
2000
2003
2001
2002
Note. Changes are from preceding quarter, based on seasonally adjusted annual
rates.
U.S. Bureau of Economic Analysis
In government wages and salaries:
Federal pay raise.............................................
Federal civilian retroactive pay raise...............
Reservists’ pay................................................
In transfer payments to persons:
Social security retroactive payments..............
Cost-of-living adjustments in Federal transfer
programs......................................................
Earned-income credit......................................
In personal contributions for social insurance:
Increase in taxable wage base.......................
Change in premium for supplementary
medical insurance........................................
1.4
0.0
1.4
0.0
0.0
2.1
0.0
2.1
0.0
0.0
In personal tax and nontax payments:
Federal tax law changes..............................
-112.7
0.0
-5.2
0.0
107.5
N o te . Most dollar levels are in NIRA table 2.1.
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment
6
Business Situation
step-up modestly.
Rental income increased $5.8 billion after decreas
ing twice that much. The second-quarter decrease and
the decreases in the four preceding quarters mainly re
flected increased expenses associated with mortgage
refinancings (mortgage closing costs and other ex
penses are subtracted in the calculation of rental in
come). In the third quarter of this year, refinancing
activity dropped markedly.
Proprietors’ income increased $29.1 billion; in per
centage terms, the increase (15.3 percent) was the larg
est in more than 7 years. An increase in the income of
nonfarm proprietors was concentrated in real estate
and construction. An increase in the income of farm
proprietors reflected increased livestock output.
Wage and salary disbursements increased a little
November 2003
more than in the second quarter. A step-up in dis
bursements by private industries was largely offset by a
slowdown in government disbursements, which were
boosted in the second quarter by:
•A n increase in military pay, including pay for
reservists called to active duty as well as family sepa
ration allowances and imminent-danger pay, and
•A retroactive adjustment to civilian pay.
The upturn in rental income and the step-ups in
proprietors’ income and in wage and salary disburse
ments were partly offset by slowdowns in transfer pay
ments to persons and in personal interest income. The
slowdown in transfer payments was in social security
and in unemployment insurance. The slowdown in
personal interest income mainly reflected larger de
creases in third-quarter interest rates.
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8
November 2003
C h a in ed -D o lla r Indexes
Issues, Tip s on T h e ir U se, and U pcom ing C hang es
By J. Steven Landefeld, Brent R. Moulton, and Cindy M. Vojtech
EA’s introduction of chain-weighted indexes in
1996 significantly improved the accuracy of the
U.S. estimates of the growth in real gross domestic
product (GDP) and prices. These indexes use up-todate weights in order to provide a more accurate pic
ture of the economy, to better capture changes in
spending patterns and in prices, and to eliminate the
bias present in fixed-weighted indexes. A measure of
their success is the widespread adoption of such in
dexes in economic measurement in other U.S. eco
nomic statistics and the near-universal movement by
other industrial nations toward the use of such indexes
for computing real GDP.
The move to chain-weighted indexes has not been
painless. Such indexes are computationally difficult to
use and do not provide the advantages of additivity
that are present in fixed-weighted indexes. In order to
provide some of the characteristics of fixed-weighted
indexes, BEA developed chained-dollar indexes that
are derived by multiplying the chain-weighted indexes
by the current-dollar values of a specific reference year
(currently, 1996).1For most components of GDP, these
chained-dollar estimates provide a reasonable approxi
mation of the component contribution to real GDP
growth and of the relative importance of the compo
nents of GDP. Chained-dollar estimates also offer a
limited ability to sum up components in user-defined
groups such as GDP excluding government. However,
for some components— such as computers and other
high-tech equipment with rapid growth in real sales
and falling prices— chained-dollar levels (as distinct
from chain-weighted indexes and percent changes)
overstate the relative importance of such components
to GDP growth.2 These problems have led to difficul
ties in using the chained-dollar measures in important
applications of national accounts data, such as fore
casting and interpreting economic changes.
This article discusses the advantages of chainB
weighted indexes and the challenges posed by chained
dollars, outlines further steps that BEA will be taking
to address these issues in the 2003 comprehensive revi
sion of the national income and product accounts
(NIPAs), and provides suggestions for using chained
dollars in ways that reduce biases and errors in fore
casting and other applications where components need
to be aggregated. Highlights of this article include the
following:
• Chain-weighted indexes have provided a more
accurate picture of the current economic recovery
than fixed-weighted indexes. Real GDP as mea
sured by the chain-weighted index has grown at a
2.7-percent annual rate during this recovery, a rela
tively slow growth rate compared with past recover
ies.3 However, using a fixed-weighted (1996)
measure, growth would have been overstated by 1.6
percentage points, resulting in a misleadingly robust
4.3-percent growth rate.
• Because the chain-type indexes are weighted using
current-period prices, the current-dollar shares of
GDP provide a more accurate measure of the rela
tive importance of components and are preferable
to chained-dollar shares. Chained-dollar estimates,
however, have provided a reasonable approximation
of the relative importance of the five major compo
nents of GDP in recent quarters.4
• For the major components of GDP, when we simu
late the effects of using chained dollars for forecasts
and for calculations of contributions to growth, we
find relatively small errors for recent periods.
2. The problems associated with chained-dollar levels for components
with rapidly changing prices is the result o f using a fixed base year in con
junction with a chain index whose weights change every period to reflect
changes in relative prices. It is mathematically impossible to “force”
chained-dollar levels to reflect both the current-period weights and periodto-period percent changes that are consistent with the chain index. As a
result, BEA adopted chained-dollar levels that offer approximate additivity
and that produce percent changes consistent with the chain index.
3. The current recovery is defined as from the recession trough in the
third quarter o f 2001 through the second quarter o f 2003.
1. As part o f the comprehensive revision o f the national income and
4. These five major components are personal consumption expenditures,
product accounts that will be released in December 2003, the reference year
gross private domestic investment, exports, imports, and government con
will be updated to 2000.
sumption expenditures and gross investment.
November 2003
9
Survey of C urrent B usiness
• For more detailed components— especially for
goods and services with declining prices and rapidly
rising real sales, such as computers and other hightech products— the use of chained-dollar levels
tends to overstate their relative importance and
their contributions to GDP growth.
• Contributions to GDP growth of special interest
aggregations, such as the sum of investment in com
puters and other high-tech equipment, are over
stated using chained-dollar levels. Between 1995
and 2000, a simple aggregation by adding up
chained-dollar estimates would suggest that hightech investment accounted for about 21 percent of
GDP growth rather than its actual contribution of
about 17 percent.
• The use of current-dollar levels as GDP weights or
simple “short-cut” chain-type indexes can virtually
eliminate aggregation errors in forecasts and in esti
mates of contributions to GDP growth.
• In December, BEA will present additional tables that
emphasize percent changes in the chain indexes for
output and prices. It will also provide expanded
tables of contributions to growth, of chain indexes
for quantities and prices, of current-dollar esti
mates, and of current-dollar composition of GDP,
which approximates the weights used in the calcu
lation of real GDP that uses chain indexes.
• BEA will continue to make chain indexes available
for all components of GDP, but the published
tables will no longer show chained-dollar aggre
gates for certain components, such as computers,
that do not provide a reasonable approximation of
their relative importance in calculating the real
GDP estimates. Fixed-weighted GDP estimates,
which BEA has been disseminating as underlying
detail, will also be discontinued.
real GDP. In the current recovery between the reces
sion trough in the third quarter of 2001 and the second
quarter of 2003, average annual real GDP growth
would have been overstated by 1.6 percentage points by
a fixed-weighted index; in the five major recoveries
since 1959, real GDP growth would have been under
stated by about 0.7 percentage point. The net result
would have been an overstatement of the strength of
the current recovery relative to the average of the past
recoveries of 2.4 percentage points (see table 1 and
chart 1).
Table 1. GDP Growth During the Most Recent
Quarter and Recessions
[Percent]
Fixedweighted
index
2003:11.............................................................................
Average in five prior recoveries1 ............................
Chainweighted
index
Difference
5.1
3.3
1.9
4.3
2.7
1.6
4.4
5.2
-0 .7
Net overstatement of current recovery to past
2.4
N o te . Numbers may not add due to rounding. The 1980:1-1980:lli recession was excluded from this analysis
since it did not have seven quarters of expansion following its trough.
1. Based on tracking growth from the trough of the recession through the next seven quarters (1960:1V1962:111,1970:IV-1972:111,1975:1-1976:1V, 1982:111-1984:11, and 1991:1-1992:IV).
Chart 1. Gross Domestic Product Growth
During the Current Recovery
Percent
Q
NM
II....... ■■■■I ..........
■ C h a i n weighted
■.............. . M I
A n n u a l G ro w th R a te
Fixed weighted (199 6)
jjjj
Chain weighted 2 .7 %
Fixed w eighted 4 .3 %
A d van tag es of ch ain -typ e indexes
BEA’s chain-weighted indexes were introduced in
1996 to address “substitution bias” and the frequent
revisions associated with using fixed-weighted in
dexes. The use of fixed-weighted measures of real
GDP and of prices for periods other than those close
to the base period results in a substitution bias that
causes an overstatement of growth for periods after the
base year and an understatement of growth for periods
before the base year. For example, a fixed-weighted
measure of real GDP based on 1996 prices would have
overstated real GDP growth by 1.9 percentage points
for the second quarter of 2003. Growth would have
been a 5.1-percent using this measure, compared with
the 3.3-percent yielded by BEA’s chain-type measure of
-2
-------------1------------- 1-------------1-------------1-------------1------------- 1-------------1------------2001:111 2001 :IV 2002:1 2002:11 2002:111 2002:1V 2003:1 2003:11
U.S. Bureau of Economic Analysis
The use of current-period weights in the chain-type
indexes eliminates the inconvenience and confusion
associated with BEA’s previous practice of updating the
weights and base years— and thereby rewriting eco
nomic history— about every 5 years. By minimizing
substitution bias, the chain-type measures of real GDP
growth also improves analyses of long-term issues,
such as productivity, returns to investment, and the
growth potential for the economy.
C hained-D ollar Indexes
10
The introduction of chain-type indexes provides a
measure of changes in real GDP that removes the ef
fects of inflation and allows for consistent comparisons
of GDP growth over time. The fundamental problem
confronting the efforts to adjust GDP for inflation is
that there is not a single inflation number but a wide
spectrum of goods and services with prices that are
changing relative to one another over time. Prior to
1996, BEA dealt with this problem by picking prices of
a single base year. These estimates were relatively easy
to understand and were referred to as fixed-weighted,
or “constant-dollar,” estimates. Technically, the esti
mates were Laspeyres quantity indexes that measure
current-period output relative to that for the base pe
riod, 0, using base period prices:
Laspeyres quantity index (L):
,
_
* P 0 Q ,
'•°
ZPoQ o’
where P0 represents the prices for the base period, Q0
represents the quantities for the base period, and Qt
represents the quantities for another period, t. The
Laspeyres quantity index provides comparisons of rel
ative quantities between periods. From the Laspeyres
quantity index, the constant-dollar measure is ob
tained by scaling the index to its current-dollar value
for the base period, creating an additive measure in
units of base-year prices:
Fixed-weighted (constant-dollar) aggregate =
h ^ P o Q o = ^ o 8 t.
The problem with using constant-dollar measures is
that for periods far from the base year, base-year prices
have little relevance. For example, the prices of defense
equipment in 1996 are not appropriate for measuring
the real changes in defense spending in the 1940s, just
as 1996 computer prices are out of date for measuring
the growth in information processing equipment in
2003. Not only are fixed weights irrelevant, but their
use also results in the substitution bias and large revi
sions to GDP that occur when the base year is updated.
Large revisions occur because commodities that expe
rience rapid growth in output tend to be those for
which prices increase less than average or decline.
Thus, when real GDP is recalculated using more recent
price weights, the commodities with strong output
growth generally receive less weight, and the growth in
the aggregate measure is revised down. These recalcu
lations provide more accurate measures of growth in
current periods near the base year because the baseyear weights more closely reflect the prices of the econ
November 2003
omy in current periods; for earlier periods, however,
the recalculations provide less accurate measures of
growth because the weights are further away from the
prices appropriate for those periods.
Chain indexes do not use a set of fixed weights; they
use separate sets of weights for each time period. The
formula used by BEA to calculate the chain indexes is
known as the Fisher index, named after Irving Fisher,
who originally developed this index to more consis
tently measure quantity and price changes over time.
The Fisher formula generates two sets of weights for
each pair of periods, t- 1 and f, using prices from both
the current period and the previous period, and it is
calculated as the geometric mean of a Laspeyres index
and a Paasche index. Recall from above that the
Laspeyres index uses previous-period prices to value
current- and previous-period output:
Laspeyres quantity index (L):
T
S P ,-ig ,
_
Conversely, the Paasche index uses the prices of the
current period to value current- and previous-period
output:
Paasche quantity index (P):
P
_
Z P ‘Q >
'•'-1
Fisher quantity index (F):
F t , t - 1 = J L t, t - 1 x P t, t - 1
Then the chain-type quantity index is formed by
multiplying, or “chaining,” together the Fisher indexes
for each pair of periods:
Chain-type quantity index (I):
where period 0 is the reference year. (We use the term
“reference year” rather than “base year” because for
the chain-type quantity index, period 0 does not affect
the weights used in the calculation of relative periodto-period changes and only serves as a point of refer
ence.) Percent changes and growth rates between any
pair of periods can be calculated directly from the
quantity indexes. The most important feature of the
chain-type index is that it uses different weights for
each pair of periods, weights that represent the rele
vant prices or economic conditions for those periods.
During periods when certain commodities are experi
encing rapidly falling prices, the Laspeyres index over
November 2003
Survey of Current B usiness
states their contributions, while the Paasche index
understates their contributions. In effect, the Fisher in
dex is calculating the “middle ground” by taking an av
erage of these two indexes.
C h allen g es of using ch ain -typ e indexes
One challenge posed by using chain-type indexes is
that while they produce more accurate estimates of the
growth in real GDP and its components, users of mac
roeconomic statistics need more than index numbers
and percent changes. For more than 40 years, forecast
ing and analysis relied on constant dollars and were
based on an additive accounting system in which real
levels for the components of GDP added up to total
GDP. Because the system was additive, the shares of the
real components were measures of their relative im
portance in total real GDP. Similarly, in decomposing
total GDP growth by component, the change in the
constant-dollar values measured the component’s con
tribution to the change in the fixed-weighted aggre
gate. Economic analysts could construct— by simple
subtraction or addition— the growth rates for user-de
fined aggregates, such as high-tech investment, energysensitive goods and services, or GDP excluding motor
vehicles. Indeed, most large-scale macroeconomic
models were built and estimated on the assumption
that real GDP was additive.
To address the needs of its data users, BEA devel
oped chained-dollar estimates and tables of contribu
tions to growth rates based on chain-type quantity
indexes for real GDP and its components. The
chained-dollar estimates are simply the chain-type
quantity indexes for real GDP (or a component) in
dexed to the relevant 1996 current-dollar value for
GDP (or a component) rather than to 1.00 in 1996:
Chained-dollar aggregate =
^t, 0 ^ ^ oQo
Because the 1996 chained-dollar aggregate is just
the quantity index scaled to 1996 current dollars, the
percent changes in the chained-dollar aggregates are,
by construction, equal to the percent changes in the
quantity indexes for real GDP and its components.
For periods near the reference year, these chaineddollar indexes provide a reasonable approximation of
the relative importance of major aggregates. However,
they are approximations only and do not represent the
weights or the relative importance of each component
used in computing the Fisher chain indexes for GDP
and for its components. The actual weights can be bet
ter approximated by each component’s relative share in
11
current-dollar GDP for the most recent period.
The chained-dollar share represents the reference
period’s (1996) share of GDP, adjusted for all the
growth in the quantity, or real, index during the
period between the reference period and the current
period. This chained-dollar value ignores the changes
in relative prices over that period, although it is the
current-period prices that determine the relative im
portance of each component in real GDP for the
current period. The weight of a component of real
GDP is equal to what purchasers actually pay for a
product in the current period, not what they might
have paid in some past period. For goods and services
whose prices have grown at a rate close to the overall
inflation rate, chained-dollar values are not too far
from the true weights, but for goods with rapidly
falling prices— such as computers— the chained-dollar
values overstate the relative importance of such com
ponents in GDP and total spending by not taking into
account the rapid decline in prices that fueled the
growth in the real quantities purchased.
For example, in 1996, a fairly powerful personal
computer may have cost $5,000. Today, technological
innovation has reduced the cost of an equivalent per
sonal computer system to about one-ninth that
amount. The use of chained dollars based on 1996
expenditures and prices— without allowing for the
sharp drop in prices since that time— significantly
overstates the relative value and impact of computers
on the economy during the last half of the 1990s when
computers experienced explosive growth and during
the second and third quarters of 2003 when computer
sales accelerated. Thus, in 1996, the purchase of 30 new
high-end personal computers had a value roughly
equal to a new home, but the use of this relative price
to value such an investment in 2003 overstates by nine
fold the value and the impact of that purchase in terms
of jobs, wages, profits, and intermediate products rela
tive to the purchases of homes and other capital goods.
This overstatement of the chained-dollar estimates
for computers affects both the relative importance of
computers and their contributions to growth in out
put and in prices. As a result, BEA recommends the use
of the tables of contributions to growth (NIPA tables
8.2-8.6) rather than the use of calculations based on
chained dollars.
The overstatement in the relative importance of
computers can be seen by looking at the chained-dollar
levels for computers relative to the level of GDP. Final
sales of computers as measured in chained dollars
would appear to represent 4.9 percent of GDP in the
C hained-D ollar Indexes
12
second quarter of 2003, whereas in current dollars, fi
nal sales of computers were only 0.7 percent of GDP.
(Final sales of computers are said to “appear to repre
sent” because chained dollars are not additive, and the
sum of “GDP less final sales of computers” and “final
sales of computers” is larger than GDP itself.)
The increasing overstatement of chained-dollar esti
mates for computers and their contribution to growth
for periods after the base year of 1996 can be seen by
looking at their contribution to growth over three pe
riods: The last half of the 1990s, the last four quarters
(2002:111-2003:11), and the second quarter of 2003. For
1995-2000, the share of real GDP growth accounted
for by private investment in computers is about 11 per
cent using chained dollars, whereas the actual share is
about 9 percent (see table 2 and NIPA table 8.2).5 For
the last four quarters, the average chained-dollar share
of computer investment in GDP growth is about 35
percent, roughly 4.5 times its actual contribution to
the growth of real GDP. In the second quarter of 2003,
chained-dollar estimates suggest that investment in
computers accounted for nearly half of the 3.3 percent
GDP growth, while its true contribution to real GDP
growth was 0.34 percentage point, about one-tenth of
real GDP growth.
November 2003
tion to, or relative importance of, changes in prices us
ing chained dollars. For example, the use of chained
dollars to weight the relative contribution of comput
ers to overall inflation in recent years will overstate the
importance of falling computer prices in restraining
inflation. For 2002, the use of chained dollars to com
pute growth in the price index for gross domestic pur
chases excluding final sales of computers would have
produced an inflation rate of 1.6 percent. This figure
suggests that falling computer prices reduced inflation
by about 0.4 percentage point rather than their actual
reduction of about 0.2 percentage point.
Notwithstanding these problems associated with us
ing chained dollars for goods and services with large
changes in relative prices, chained dollars provide rea
sonable order-of-magnitude estimates of the relative
importance of the major components of GDP for peri
ods that are not too far from the reference year. As can
be seen in table 3, chained dollars have provided a
good general picture of the relative importance of the
five major components of GDP in recent periods.
Their share of chained-dollar GDP in recent quarters is
within 1 to 3 percentage points of the actual weights
for these components of real GDP.
Table 2. Contribution Share of GDP Growth
Table 3. Component Shares of GDP: Chained-Dollar Estimate
Versus Chain-Weighted Index
[Percent]
[Percent]
2002
Average
1995
1996
1997
1998
1999
2000
19952000
19972000
2003:ll
Chaineddollar
estimate
Chainweighted
index
Difference
Chaineddollar
estimate
Chainweighted
index
Difference
Computer investment:
Based on chained dollars
8.5
8.1
9.2
12.8
17.1
11.7
11.2
12.7
Personal consumption
expenditures............
69.7
69.0
0.7
69.9
69.9
0.0
Actual..............................
12.6
9.4
8.2
8.4
8.3
4.5
8.6
7.9
Investment..................
16.8
15.7
1.1
16.7
15.0
1.7
Exports.......................
11.2
10.6
0.6
11.0
9.5
1.5
High-tech investment:1
Based on chained dollars
16.1
15.6
18.7
24.0
28.2
25.2
21.3
22.2
Imports........................
-16.4
-13.5
-2.9
-16.6
-13.8
-2.8
Actual..............................
18.4
13.5
17.5
19.1
18.5
16.2
17.2
17.8
Government................
18.1
18.3
-0.2
18.4
18.7
-0.2
1. Defined as computers and peripheral equipment, software, and communications equipment.
The share of growth accounted for by user-defined
totals, such as “high-tech” investment (computers,
software, and communications equipment) will also be
overstated if these totals are calculated as the sum of
the chained-dollar estimates. High-tech investment
appears to have accounted for 21 percent of real GDP
growth between 1995 and 2000, whereas the actual
contribution to GDP growth over this period was 17
percent.
Similar problems arise in measuring the contribu
5. Figures are based on average annual contribution shares. When average
quarterly contribution shares are calculated using chained dollars, they
show more significant inaccuracies— a 16-percent share versus the actual
share o f 12 percent between 1995 and 2000.
N ote .
Numbers may not add due to rounding.
T ip s fo r fo recastin g and an alys is using
ch ain e d -d o llar levels
The problems in using chained dollars extend to fore
casts. Because virtually all macroeconomic models and
forecasts were originally developed using additive
fixed-weighted (or constant-dollar) estimates, the
switch to using chained dollars was a major challenge
for forecasters who had to (1) reestimate the behav
ioral relationships in their models to reflect the new
unbiased NIPA component estimates and their lack of
additivity in relationship to GDP and other subaggre
gates, (2) develop a new aggregation chain-weighted
(Fisher) scheme based on estimates of quantities and
November 2003
13
Survey of C urrent B usiness
prices for each of the components, and (3) develop the
computer code needed to support these changes.6
These tasks were somewhat easier for those forecast
ers using large-scale models who had already produced
separate price and quantity estimates for their major
components, because these estimates could be used to
create the necessary Fisher indexes. However, many
desktop and other small-scale forecasters chose to keep
their existing models and to use chained-dollar esti
mates in the same way that they had previously used
constant-dollar estimates. As a consequence, when the
chained-dollar forecasts for the components were
added up, the results differed in level and in rate of
growth from BEA’s chained-dollar estimates of GDP. In
order to better predict BEA’s published estimates, these
forecasters found that they had to estimate the residual
between the sum of their forecasted chained-dollar
components and BEA’s aggregate chained-dollar esti
mates, which were based on the nonadditive currentperiod Fisher weights. (Often this forecast of the resid
ual is derived by assuming that the residual for the next
quarter is the same as that for the current quarter.)
6. See Chris Vavares, Joel Prakken, and Lisa Guirl, “Macro Modeling with
Chain-Type GDP,” Journal o f Economic and Social M easurement 24 (1998):
123-142.
Thus, even if their forecasts for each of the compo
nents were exactly right, by adding up chained dollars
rather than by basing the estimates on the current-period Fisher weights, an additional forecast error was
introduced because of the use of the wrong weights in
aggregation. While errors in component forecasts and
revisions to GDP are probably larger than aggregation
errors, the latter are easier to address than other
sources of errors.
Indeed, aggregation errors can be virtually elimi
nated by using one of two fairly simple higher level ag
gregation methods that are good approximations of
the detailed level Fisher weights actually used by BEA
in estimating GDP. The first method essentially uses
the most recent current-dollar levels to “weight” fore
casted estimates of the percent change of each of the
major components of real GDP and then sums them
up to calculate real GDP (with the current quarter as
the base period) and the change in real GDP. The
second method requires separate estimates of
quantities and of prices for each of the major compo
nents that are then used to estimate a higher level
Fisher index. Both methods produce GDP growth rates
that are very close to the results produced by the
detailed Fisher index used by BEA that incorporates
Table 4. One-Quarter-Ahead Forecasts Using Current-Dollar Levels
A
E
B
C
D
Percent change from preceding period
Forecasted growth
2002
2003
II
III
IV
I
r
2
3
4
5
H........i
F
G
I
Published
2002
II
!
III
2,108
4,290
1,588!
!
r
2.0!
-0 1
2.7
79
22.8
1.0!
2.3
3.6
-8.2!
5.1:
2.2!
6.3
-2.0
6.1!
0.9!
-5 3
859
2,085
4,230!
1.559
-17.6'
3.3!
2.7
-21.4!
6.7!
1.1
-9 9
6.2
94
-2 9
-4.8
10.1 !
288
838
463
275!
841 !
469!
4
-11.5
8.0
19
-8.0
680 ‘
298!
709
309
15.9 ...........4 .1 .....
10.7
59
27.9!
-2.1
3.4
3.1
6.2
13.0
-6.7
-4 0
7.5
-1 7
43
22
11.0
12
C.7
C2
1,102
235
672
1.267'
10,313
857
1 203
241 i
688
1 272
10.377
IV
902!
2,114!
4,314!
1.602
879
2,143!
4,370!
1 622
869
2,182
4,411
1 606
259 ......... 2541""
850
863
470
487
19
25
275!
845!
466
259
854
470!
253!
863!
481
252
852
498
3
723
316!
705
305
717!
701 !
322!
706
316
1,240!
258
1.221
256
874
2,150!
4,402
1.628
703
323:
313!
1,221
251
1 242
259
1 172
234
1,213
243
698:
1.283
10,506
717:
1,294
10,589
684!
1,262
10,346!
695
1,279
10 480
1.3!
1.3!
00
4.0
4.0
00
Numbers may not add due to rounding.
1. Since change in private inventories can be positive or negative, it is calculated implicitly by calculating gross private investment and subtracting fixed investment components.
M
863
2,085!
4,258!
1 589
898
2,117
4,346
1,597;
28 Forecasted growth in GDP
29 Published growth in GDP
Forecasted growth error
30
Mean absolute error over four quarters
31
N o te .
.......L........
Forecast
2002
2003
III
I
II
[
IV
F’ (1+B) [ G*(1+C) f H * ( i+ b ) r l*(1+E)
A.25
A.25
*2 5
*2 5
Calculation
6 Personal consumption expenditures:
7
Durable goods
Nondurable goods
8
9
Services
10 Gross private domestic investment
11
Fixed investment:
12
Nonresidential:
Structures
13'
14
Equipment and software
Residential
15
Change in private inventories1
16
17' Net exports of goods and services:
Exports:
18
Goods
19
Services
20
21' Imports:
22
Goods
Services
23
24 Government consumption expenditures and
gross investment:
Federal
25
26
State and local
27
Gross domestic product
K
1
J
Billions of dollars
716
1.287
10542
1.4!
14
00
718
1 295
10.626
1.4
1.4
00
0.01
14
C hained-D ollar Indexes
over 1,500 separate price and quantity estimates.
For example, if desktop forecasters in the first quar
ter of 2002 wanted to estimate real GDP growth for the
second quarter of 2002 using a current-dollar-weight
ing method, they would first have estimated the real
quarterly growth rates for each of the components of
GDP used in the forecast as shown in column B of ta
ble 4.7 (To enhance the comprehension of the forecast
methods outlined in this article, tables 4-6 appear in
spreadsheet format.) Next, these growth rates would
have been used to estimate current-dollar levels for the
second quarter. Notice that the fourth root of one
plus the annualized growth rate must be used to con
vert to quarterly growth rates (see the “Calculation”
row for columns J-M). Each of the components for
the first quarter would have been multiplied by its
estimated growth rate, and the forecasted levels would
7. In order to isolate the impact o f aggregation problems, perfect foresight
is assumed, and the annual growth rates in columns B-E correspond to the
published estimates. Note that in order to get more significant digits,
growth rates carried through the spreadsheet are based on calculating the
rate o f change for published chained-dollar levels, which have the same
accuracy as the three-decimal-place quantity indexes available as underly
ing estimates.
November 2003
then have been summed to produce a weighted average
growth rate for real GDP. Because the use of the
current-dollar levels for the previous quarter as
weights approximates the weights used in the
quarterly Fisher chain index, the current-dollar
weighting method produces aggregates that are fairly
accurate for making forecasts.
As can be seen by comparing table 4 with table 5,
the use of the current-dollar levels from the latest
quarter as a base can significantly reduce aggregation
errors in forecasts. As shown in table 5, for the second
quarter of 2002, even with perfect foresight, simply
adding up the forecasted levels for each of the chaineddollar components at the level of aggregation used by
many forecasters (that is, assuming that the residual is
unchanged) would have produced a real GDP growth
rate of 0.9 percent, about 0.3 percentage point below
the published rate of 1.3 percent. However, the use of
the of first-quarter current-dollar GDP component
levels would have produced a weighted-average growth
rate of 1.3 percent, about the same as the published
value. Over a four-quarter forecast horizon, the use of
the current-dollar levels to estimate the next quarter’s
Table 5. One-Quarter-Ahead Forecasts Using Chained-Dollar Levels
....................................... A.......................................
B
E
....c ....... ....D........
Percent change from preceding period
Forecasted growth
2002
2003
II........ ... iii........;
IV
I
1
2
3
4
5
H
I
K
..... J.........
Billions of chained (1996) dollars
Published 1
2002
II
III........;
I
IV
II
F*(1~B)
*2 5
Calculation;
6 Personal consumption expenditures:
..7 1 Durable goods
8
Nondurable goods
9 ' Services
10' Gross private domestic investment
"11" Fixed investment:
12
Nonresidential:
13
Structures
14
Equipment and software
15
Residential
16
Change in private inventoriesi
17 Net exports of goods and services:
18' Exports:
19
Goods
20
Services
21
Imports:
22
Goods
23
Services
24 Government consumption expenditures and
gross investment:
25' Federal
26
State and local
27 Gross domestic product before residual
28 Residual
29
Gross domestic product
-8 2
2.0
22.8
-2.0
976
-0.1 i .........i . o ............. 5.1 ............6.1........ 1.921
27
23
22 ............ 0 .9 ..... 3,642
7.9 i
3.6
6.3^
-5 .3 ..... 1.551
981
1,921
3.666
1,584
1,032!
1,926
3.687
1,601
1.011
1,950!
3,707
1.626
-21.4 .......-9.9
-2.9
243
6.7
62 ......... -4 .8 ............ 954
1.1 ; .........9.4
10.1
384
-29
232
961
386
5
218!
977
387
......19
213
992!
396
26
750
310
-17.6
3.3
.... 2 .7 ....
15.9!
4.1
-11.5
10.7 = ........ 5 .9 ............. 8.0
27.9! ........ 3 .4 ...
-2.1 ‘
3.1
7.5
-1.7
0.0
738
292
766
300
774
304
1,250
226
1,329
224
1.340!
226
........ 4 .3 ... ....... 11.0 ............0.7 ........... 598
2.2 ........ 1.2
0.2
1,099:
9,343
0.0
0.0
0.0
20
9,363:
Mean absolute error over four quarters
1.9
-8.0
6.2 !......... -6 .7 ......
13.0
-4.0
Numbers may not add due to rounding.
1. Published chained-dollar level for gross private domestic investment based on aggregation of lower
chained-dollar levels. Published residual based on reported chained-dollar GDP less chained-dollar compo
nents used in forecast.
N ote.
981
1,921
3 666
1,581
....... L........
M ......
Forecast
2002
2003
....... iii.......
IV
....... i........
G *(i+ c > r H*(1+D) ! I*(1+E) j
A.25
*2 5
*25
1,032:
1 926
3 687
1.598
1,011 :
1,950
3 707
1,626
1,005
1 979
3,715
1,604!
232
218
977
961
386
387
2 ............. 16
213
992
396
25!
211 !
980!
406
8!
766 ..........774
304
300
750 ..........754
304
310
;
30 Forecasted growth in GDP
31 j Published growth in GDP
Forecasted growth error
32
; 33
..F........ .......G........
;
609
1,095
9,367
25!
9,392
1 361
233
....615 ............63 1...
1.104
1,101
9,473!
9,496
12
22
9,486!
9 518
1,329
224
1.340
226
609
1 095
9 364
20
9,385
615:
631
1.104
1 101
9.470
9 495
25! .............12
9,507!
9,496!
0.9
0.9
4.5
4.0! ............1.4
0.4
-0.5;
..........1.3
-0.3
1,361
233
1,337!
231 !
633!
1.105
9,530:
22
9,552 i
1.4
1.4
0.0
0.31 !
2. Because change in private inventories can be positive or negative, it is calculated implicitly by calculating
ross private investment and subtracting fixed investment components.
November 2003
Survey of C urrent B usiness
component and real GDP forecast would have reduced
the forecast error due to aggregation from 0.31 per
centage point to 0.01 percentage point.
The use of a higher level Fisher index— sometimes
referred to as a “Fisher of Fishers”— is a somewhat
more complicated forecasting method, but it produces
similar reductions in aggregation errors. The extra
complexity of the “Fisher of Fishers” is balanced by the
conceptual consistency with the actual Fisher index
used in computing GDP and the greater accuracy that
could be obtained during periods of rapid price
changes for which the use of the current-quarter and
next-quarter weights would be more stable and subject
to less revision than the use of only current-quarter
weights.
The first step in estimating the “Fisher of Fishers” is
to calculate a Laspeyres index. For a second-quarter
2002 forecast, the denominator in the Laspeyres index
is simply the current-dollar value for the first quarter
(see table 6). The numerator is the sum of the fore
casted quantities for the second quarter valued in the
15
first quarter’s prices.
The second step is to form the Paasche index where
the numerator is the second-quarter output forecasted
in current dollars. The denominator is the sum of the
first quarter’s quantities multiplied by the secondquarter price forecasts. The Fisher index is the square
root of the Laspeyres index multiplied by the Paasche
index, which is a geometric mean. Finally, the growth
rate for real GDP is found by raising the second-quarter “Fisher-of-Fishers” forecast to the fourth power
and subtracting one.
The use of the “Fisher of Fishers” to estimate second-quarter growth in GDP would have produced a
growth rate of 1.24 percent, 0.02 percentage point less
than the published real GDP growth. Over a fourquarter forecast horizon, the use of a “Fisher of Fish
ers” would have produced an average GDP growth rate
of 2.0 percent and would have reduced the forecast er
ror due to aggregation from 0.31 percentage point to
0.03 percentage point, and over eight quarters, from
0.25 percentage point to 0.04 percentage point.
Table 6. One-Quarter-Ahead Forecast Using Fisher of Fishers
A
2
B
C
Percent change from
preceding period
Forecasted growth
3
Nominal ;
1
4
Real
2002:11
5
Gross domestic product
7 Personal consumption expenditures
8
Durable goods
9
Nondurable goods
10
Services
11 Gross private domestic investment
12
Fixed investment
13
Nonresidential
14
Structures
15
Equipment and software
16
Residential
17
Change in private inventories1
18 Net exports of goods and services
Exports
19
20
Goods
21
Services
Published
Current- ; Chaineddollar
dollar
level
level
2002:1
Goods
Services
25 Government consumption
expenditures and gross investment
26
Federal
'
27
State and local
Deflator
D/E
-0.9 i
4.5
5.7 i
-171
1.1
5.4
186
15.8
2.0
-0.1 !
2.7:
-17.6
3.3
2.7
15.9
107:
Imports2
23
24
F
H
I
J
Forecast
CurrentChained- [
dollar
dollar I Deflator ;
level
!
level
2002:11
...... D *........
E*
G/H
(I+B^.25 : (1+C)A.25 |
10,313 :
7,174'
859 i
2,085
4.230
1,559
1 589
1,127
288
838
463
-30
-360
977:
680:
298
9,363
6.514
976
1,921
3 642
1,554
1 576
1,188
243
954
384
-29
-447
1,031
738
292
1.101
1.101
0.880
857
1.085
2,108
1.161 i
4.290
1.003
1.008
0.948
1 186
275 i
0 879
841 !
1.206
469
0.985 ................ 3
0.806
0.948
0.921
709
1.019
309
1,338
1,477
0.905
.....L......... j......... M
K
Laspeyres
N
Paasche
2002:ll
F* H
c,|
sum(J)/ D
1.003
981
1,921
3,666
0 874
1.098
1.170
863
2,085'
4.258
1
Fisher
2002: II
2002:ll
! sum(G)/
sum(L)
1.003
853
2,109 I
4 261
(K * M)A.5
1.003
Forecast
9 392
1.24%
232
961
386
5
1.188
0.874
1.214
0.990
275
845
466
5
766;
300:
0.926;
1.030
705
3051
t
:
289
834
466:
-29
684:
301
Less:
actual
9 392
1 25°o
Equals:
forecast
error
41 8
9.9
......... 27.9
-2.1
1,102
235
1,250
226
0.882
1,203
1.043 ............ 241
1,329
224:
0.905 i
1.074
1 172
234
1,131
242
100
1.3
............7.5
-1.7
1,939
672
1,267
1,697
598
1,099
1.143;
1 124
1 153
609
1,095
1.131
1.162
684
1,262
676
1,277
Note. Numbers may not add due to rounding.
1. Assumes that percent contribution to GDP growth is known (chained-dollar level and current-dollar level are known).
.......G ......... ]
Levels in billions of dollars
Calculation;
6
22
.......d .........i ..... E ......
688
1 272
The detiator is based on the implicit price deflators for private inventories (see NIPA table 7.16B).
2. imports are actually subtracted in the summation calculations for the Laspeyres and Paasche indexes.
-0.4
-0.02%
16
C hained-D ollar Indexes
Table 7 summarizes the improvements in forecast
accuracy that can be obtained by using either currentdollar weights or a “Fisher of Fishers” at different levels
of aggregation. During the current recovery and at the
five-component level, forecasts based on current-dol
lar weights would have had a mean absolute aggrega
tion-related forecast error of 0.012 percentage point,
and forecasts based on the “Fisher of Fishers” would
have had a mean absolute error of 0.003 percentage
point. At the more detailed levels of aggregation used
by many forecasters, the approximations are close to
the published GDP growth rates— and significantly
better than simple addition of chained-dollar fore
casts— although they exhibit somewhat larger aggrega
tion errors.
Forthcom ing ch an g es to the N IP A s
A number of new and redesigned tables will be intro
duced as part of the comprehensive revision of the
NIPAs that will be published next month.8 Among the
changes that will address some of the problems associ
ated with chained dollars (as distinct from chain-type
indexes) are
•N ew tables that present relative shares of the com
ponents of GDP and gross domestic income in cur
rent dollars in order to aid in the analysis of the
relative importance of the components and
• New tables that highlight percent changes and con
tributions to percent change in the components of
GDP to provide additional information on the
sources of change in the economy.
In line with these changes, BEA will eliminate some
of the most misleading aspects of the chained-dollar
estimates by dropping, or “leadering out,” those
8. See Nicole Mayerhauser, Shelly Smith, and David F. Sullivan, “Preview
o f the 2003 Comprehensive Revision of the National Income and Product
Accounts: New and Redesigned Tables,” Survey of Current Business 83
(August 2003): 7-31.
November 2003
components, such as computers, whose chained-dollar
levels are far from their relative importance in the
Fisher chain index. Armed with the additional infor
mation provided in the new tables, users should be
better equipped to find the information they seek
without relying on chained-dollar estimates, and they
can thereby avoid the problems associated with the es
timates.9 BEA also plans to discontinue producing
fixed-weighted estimates of constant-dollar GDP,
which had been made available as underlying detail es
timates.
In the next year or two, BEA will also introduce an
interactive section of its Web site that will permit users
to define their own aggregates and to compute the rela
tive importance and contributions to growth of these
user-defined aggregates. This new feature will make it
more convenient for users to work with the chain-type
aggregates.
9. BEA will continue to make chained-dollar estimates available on its
Web site, but it cautions users o f these estimates to be aware of the prob
lems involved in their use and suggests the use of the techniques cited above
for ameliorating the problems associated with chained dollars.
Table 7. Summary of Forecast Methods
[Percent]
2001:111-2003:11
Forecasting method used
Average
growth
rate
Mean
absolute
error
2.36
Current-dollar method:
High level..................................................................................................
Medium level.............................................................................................
Chained-dollar method:
High level..................................................................................................
Medium level.............................................................................................
Fisher of Fishers:
High level..................................................................................................
Medium level.............................................................................................
2.37
2.37
2.37
0.012
0.018
0.018
2.24
2.37
2.37
0.137
0.236
0.199
2.36
2.34
2.34
0.003
0.037
0.036
N o te . High level = C + 1+ G + (X - M).
Medium level is NIPA table 1.1 excluding federal government breakdown.
Low level is medium level, including detailed breakdown of private fixed investment in equipment and soft
ware shown in NIPA table 5.4.
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NOVEMBER2003
In This Issue
Chained-Dollar Indexes: Issues, Uses, and Upcoming Changes
U.S. Business Investment by Industry for 1997
U.S.-Canadian Current-Account Reconciliation
Operations of U.S. Multinational Companies in 2001
State Personal Income, Second Quarter 2003
BUREAUOFECONOMICANALYSIS
ECONOMICSANDSTATISTICSADMINISTRATION
U.S. DEPARTMENT OFCOMMERCE
18
November 2003
Business investment by Industry in the U.S. Economy for
1997
By Douglas S. Meade, Stanislaw J. Rzeznik, and Darlene C. Robinson-Smith
O
N September 30, 2003, the Bureau of Economic
Analysis (BEA) released the capital flow table for
1997. This table supplements the 1997 benchmark in
put-output (I-O) accounts, which were published in
the December 2002 Survey o f Current Business.1 The
use table from the benchmark 1-0 accounts shows the
materials and services input requirements for each in
dustry. The capital flow table shows the structure of
flows of new capital goods and services for each indus
try.
The capital flow table enables many types of analysis
that are not possible using only the 1-0 table. Among
these are the market analysis for capital goods, the ex
amination of the effects of information technology in
vestment on productivity, and the development of
capital stocks by industry using asset-specific deprecia
tion estimates. Analytical and statistical uses of the
capital flow table are described in further detail below.
The 1997 capital flow table shows the destination of
new investment in equipment, software, and structures
in terms of the industries purchasing or leasing the
new investment in 1997. This table is one of several
BEA data products that present information on capital
investment. The national income and product ac
counts (NIPAs) show investment by major type of as
set. The 1-0 accounts show private fixed investment by
detailed commodity as one column of purchases by all
industries. The BEA fixed assets estimates show invest
ment, depreciation, and net capital stocks by asset type
by industry of owner. The capital flow table provides
the most detailed view of investment by commodity
and by using industry, showing flows of 180 commodi
ties to 123 private sector industries.
The capital flow table is an important part of the
theoretical apparatus that was developed by Wassily
Leontief, the father of 1-0 analysis. However, Leontief
did not succeed in building a capital flow table, and the
first large-scale 1-0 table that was developed by the Bu
reau of Labor Statistics for 1947 had no capital flow ta
ble.2 Work began on the first capital flow table after the
1963 benchmark 1-0 table was published by BEA. The
1997 capital flow table is the seventh in a series of ta
bles that BEA has produced. The earlier tables supple
mented the benchmark 1-0 accounts for 1963, 1967,
1. See Lawson, et al. (2002).
2. In the late 1940s, Bob Solow, a young graduate student, was put to the
task o f deriving capital coefficients. This project never resulted in a pub
lished table. Leontief (1976) is the canonical presentation. Solow (1998)
provides an anecdotal account of working with Leontief. The NBER volume
(1955) contains various articles relating to the 1947 1 -0 study.
1972, 1977, 1982, and 1992.3
The following major changes have been introduced
in the 1997 capital flow table:
• The data are now presented on the basis of the
North American Industry Classification System
(NAICS).
• More detail is now available in the services indus
tries and the information sector (NAICS 51) that
represent a large and growing market for informa
tion technology (IT) and other high-tech capital.
• The table now includes software investment, a
change that was adopted in the NIPAs in 1999 and
that was incorporated into the 1997 benchmark 1-0
accounts.
The goal of this article is to help make the capital
flow table a familiar and useful tool to business econo
mists, academic economists, and policymakers. The
first section presents a tour of the main features of the
table. The second section illustrates several analytical
and statistical uses of the table. The remaining sections
cover the definitions and conventions underlying the
table, the methodology used to construct the table, and
areas for future research.
Presentation of the Capital Flow Table
The capital flow table is presented in two formats at the
end of this article. Both formats reflect the same un
derlying data. In table 1, the rows show the flow of new
capital goods and services by 180 1-0 commodities in
producers’ prices.4 In table 2, the rows show flows of
new equipment, software, and structures by 51 major
NIPA categories in purchasers’ prices.5 Both tables
have 123 columns of using industries, which are listed
in appendix A. The commodities that make up struc
tures, equipment, and software investment flows are
listed in appendix B.6
3. The capital flow tables for 1963, 1967, 1972, 1977, and 1992 were pub
lished in the August 1971, September 1975, July 1980, November 1985, and
December 1998 issues o f the Survey, respectively. The 1982 table was not
published, but it is available on BEA’s Web site. No table was prepared for
1987.
4. Data in purchasers’ prices include trade and transportation costs; in the
data in producers’ prices these costs are moved to the trade and transporta
tion rows o f the table.
5. The categories in table 2 are roughly equivalent to those presented in
NIPA tables 5.6 and 5.8 and are the same as those in appendix D in Lawson,
et al. (2002). Note that in the 2003 comprehensive NIPA revision, to be
released in December, these table numbers will be changed, and the asset
categories will be somewhat different.
6. The commodities in Appendix A are identified by six-digit codes, and
the industries in Appendix B by four-digit codes. These 1-0 codes are
slightly modified NAICS codes. The tables are also available on BEA’s Web
site at < www.bea.gov> in an Excel spreadsheet. Aggregate versions o f the
table with 22 columns are available as well.
November 2003
Survey of C urrent B usiness
The capital flow table by 1-0 commodity. The rows
19
Table A. Input-Output Commodity Composition of Computers and
Peripheral Equipment and Communication Equipment in Producers’
and Purchasers’ Prices, 1997 Benchmark Input-Output Accounts
in table 1 show 1-0 commodities in producers’ prices
by using industry. The trade margins and transporta
[Millions of dollars]
tion costs are in separate rows that represent the costs
Whole
Trans
that are allocated to the users of the commodities.
Producers' portation sale and Purchasers’
Input-output
NIPA
prices
retail
commodity
prices
line1
costs
The final row of the table shows total investment in
margins
new equipment, software, and structures used by each
Computers and peripheral equipment
4
industry. The last column in the table shows the total
17,847
81,850
722
63,281
Total..............................................
3341 Computers and peripheral
sales of each commodity to private fixed investment.
17,514
77,611
59,374
722
equipment.................................
5415 Computer systems design and
The trade and transportation rows show the margins
3,987
3,987
S004 Scrap, used and secondhand
that were spent to bring the good or service to the fi
333
253
-80
goods........................................
nal user. The grand total of the matrix— $1,324.2 bil
Communication equipment
6
80,107
6,787
72,908
413
lion— is on the last page of the table, at the bottom
Total..............................................
3341 Computers and peripheral
right.
7
70
3
59
equipment.................................
334A Audio, video, and communication
Viewing the rows of the table is useful when the
277
5,472
57,945
equipment.................................
52,196
1,281
12,159
10,750
128
3345 Electronic instruments.................
market for, or the destination of, a particular capital
3359 Other electrical equipment and
275
4
26
245
components..............................
goods commodity is examined. For example, row 133
81
81
3364 Aerospace products and parts....
shows the distribution of heavy duty trucks (336120).
5,532
5,532
5413 Architectural and engineering
Total sales of heavy duty trucks in producers’ prices
4,092
4,092
S004 Scrap, used and secondhand
were $13.8 billion (see line 133, in the last column).
-47
-47
Truck transportation (4840) was the largest using in
1. The line numbers correspond to the line numbers in NIPA “Table 5.8 Private Fixed Investment in Equip
and Software by Type."
dustry, with total purchases and leases of $4.0 billion. ment
NIPA National income and product accounts
The next largest using industry was “new and mainte
nance and repair construction” (2300), with total pur
In table 2, investment in equipment and software in
each industry is clearly distinguished from investment
chases and leases of $2.3 billion.
Viewing the columns of the table shows the mix of in structures. In each section of this table, a row shows
goods and services that compose the new investment the total investment in equipment and software by in
that is used by an industry and the trade and transpor dustry and the total investment in structures. Total in
tation margins that are expended to deliver these vestment by NIPA category is shown in the last column
goods and services to the final user. For example, the of the table. The total investment in new equipment
column for pharmaceutical and medicine manufactur and software in 1997 was $775.8 billion, and the total
ing (3254) shows total new equipment, software, and investment in structures was $548.4 billion. Like the
structures amounting to $5.5 billion. Two of the largest rows in table 1, the rows in table 2 show the market for,
components of new investment in this industry were or distribution of, new investment for a given NIPA
structures: New industrial plants construction category, and the columns show the components of
(233621) was $1.1 billion, and new office building con new investment for a given using industry.
struction (233722) was $0.3 billion.
The capital flow table by NIPA category. Each of A guided to u r
the 51 rows in table 2 represents a NIPA category of in This tour of the capital flow table is intended to pro
vestment in equipment, software, or structures. The vide guidance on how to read the table. It should also
table contains 28 categories of equipment and software serve to indicate how the table is often used. It starts by
presenting an aggregated summary version of the table
and the 23 categories of structures.
The rows in table 2 are aggregates of the 1-0 com and pointing out some of the larger investment flows
modities in table 1. These rows correspond to the cate and then explores some more detailed views of the ta
gories presented in tables 5.6 and 5.8 in the NIPAs, ble.
Table B presents the capital flow table by NIPA cate
which show private fixed investment in structures and
in equipment and software. The table is in purchasers’ gories as rows to 11 aggregate using sectors.8 The flows
prices, which are the values of market transactions. larger than $10.0 billion have been highlighted. The
Purchasers’ prices include the values of wholesale trade row totals at the right side of the table indicate that the
and retail trade margins and transportation costs. The largest flows of new investment in equipment and
relationship between the NIPA categories and the 1-0
commodities for two of the NIPA categories is summa
8. The following aggregated industries are presented: Natural resources
and mining (NAICS 11,21), construction (23), manufacturing (31-33),
rized in table A.7
trade (42, 44, 45), transportation and utilities (22, 48, 49), information
(51), financial activities (52, 53), professional and business services
7. For a complete version o f this table, see appendix D in Lawson, et al. (54-56), education and health services (61, 62), leisure and hospitality (71,
72), and other services (81).
(2002, 50-51).
Business Investm ent by Industry
20
software were from software ($98.0 billion) and com
puters and peripheral equipment ($81.6 billion). The
column totals for the equipment and software section
of the table indicate that the largest using industries of
equipment and software were manufacturing ($161.9
billion) and financial activities ($114.5 billion). The
largest flow in the table was from autos to the financial
activities sector ($49.5 billion). Table 2 shows that
most of this flow from autos ($42.8 billion) goes to the
automotive equipment rental and leasing industry
(5321). In table B, the flow of communication equip
November 2003
ment to the information sector ($46.0 billion) is also
large. Table 2 shows that most of this flow is split be
tween telecommunications (5133, at $33.7 billion), ca
ble networks and program distribution (5132, at $8.6
billion), and radio and television broadcasting (5131,
at $2.2 billion).
In table B under structures, nearly 60 percent
($316.1 billion) of the total flows from new structures
are to financial activities, which includes the real estate
and owner-occupied housing industries. The largest
flow is from “single-family structures, nonfarm” to
Table B. Aggregate Distribution of New Equipment, Software, and Structures to Using Industries by NIPA Category, 1997
[Millions of dollars at purchasers' prices]
NIPA
line
Industry
Natural
resources
and
mining
Construc
tion
Manufac
turing
1,653
18
2,082
289
1,582
172
762
533
274
12
2,714
386
3
1,813
93
3,501
1,859
597
350
874
104
245
91
3,622
724
24
664
379
535
548
338
15,405
3,752
4,329
162
167
2,266
13,100
2,494
3,104
11
3
8,640
1,191
5,748
4,127
267
1,448
1,170
80
858
475
3,251
576
54
4
6,637
22
794
14,610
252
25,206
1,877
9,660
1,671
3,163
501
27,354
29,230
25,209
4,958
65
40
2,713
353
6
336
3,724
10,437
2,115
757
523
99
439
23,294
3,367
1,540
811
2,482
2,537
1,491
54,619
55,968
3,045
106
879
541
Trade
Transpor
tation and
utilities
Infor
mation
Financial
activities
Profes
Education
sional and
health
business and
services
services
Leisure
and
hospitality
Other
services
Total
Equipm ent and s o ftw a re 1
4
9
5
6
7a
8
11
12
13
14
15
16
7b
7c
19
20
21
22
24
26
27
28
29
30
31
18a
18b
33
Computers and peripheral equipment............................................
Office and accounting equipment....................................................
Software..................................................................................................
Communication equipm ent...............................................................
Nonmedical instruments and related equipment.........................
Photocopy and related equipm ent..................................................
Fabricated metal products.................................................................
Engines and turbines..........................................................................
Metalworking machinery....................................................................
Special industry machinery, n.e.c.....................................................
General industrial, including materials handling, equipment....
Electrical transmission, distribution, and industrial apparatus..
Medical instruments and related equipment................................
Electromedical equipment.................................................................
Autos.......................................................................................................
Aircraft.....................................................................................................
Ships and boats...................................................................................
Railroad equipment.............................................................................
Furniture and fixtures..........................................................................
Agricultural machinery, including tractors2 ..................................
Construction machinery, including tractors2 ...............................
Mining and oilfield machinery............................................................
Service industry machinery...............................................................
Electrical equipment, n.e.c.................................................................
Other nonresidentiai equipment.......................................................
Light trucks.............................................................................................
Trucks, other than light, buses and trailers....................................
Residential (landlord durables)........................................................
Total new equipm ent and softw are.............................................
5,659
273
8,209
16,442
1,851
443
3,069
2,231
366
646
5,249
9,616
11
8,075
231
11,560
46,019
295
975
118
62
17
612
500
1,993
4
19,435
2,798
14,401
2,621
15
1,655
274
33
32
81
370
190
65
2,646
13,822
1,716
4,879
1,479
2,049
18
2
2,479
49,548
189
276
16
4,101
568
73
2,613
288
5,434
7,415
2,959
1,028
71
602
323
1,270
8,265
11,210
164
805
675
3,815
488
161,904
60,009
101,376
81,524
721
274
6,053
4,338
728
6,217
114,504
25,471
1,887
42
38,616
7,718
3,844
592
4,033
3
18,058
5,995
5,430
166
5,057
1,526
1,043
2,255
132
40
1,303
223
641
702
20
131
448
50
1
367
241
133
3
1,392
87
1,020
445
16
874
157
11
395
308
745
212
13,588
389
20,563
4,247
1,209
2,666
436
109
1
961
1,022
372
56
3
4,821
160
9
68
372
199
15,608
10,611
703
87
4
1,467
7
44
1
797
1
35
3,543
1,882
4,594
1,110
380
29
14
122
942
307
3,588
2,132
591
1,397
172
2,244
698
144
5,599
247
3,635
540
367
654
174
998
3,457
151
62,095
49,867
20,777
13,162
7,413
51
4,738
10
6,771
517
170
9,308
15,097
143
81,598
5,721
97,988
80,154
16,555
12,640
10,603
3,754
29,543
32,851
43,295
19,359
15,893
10,659
75,149
15,049
2,630
5,779
30,039
15,405
19,275
4,400
14,917
3,667
29,084
69,591
23,990
6,217
775,805
S tru c tu re s 3
5
6
9
10
11
12
14
15
16
17
18
19
21a
21b
22
23
30a
30b
31
32
33
34
35
Industrial buildings...................................................................................
Commercial buildings..............................................................................
Religious buildings...................................................................................
Educational buildings..............................................................................
Hospital and institutional buildings.......................................................
Other nonresidentiai buildings, excluding fa rm ................................
Railroads.....................................................................................................
Telecommunications................................................................................
Electric light and power...........................................................................
G a s ..............................................................................................................
Petroleum pipelines..................................................................................
Farm nonresidentiai structures..............................................................
Petroleum and natural gas, w ells.........................................................
Petroleum and natural gas, exploration..............................................
Other mining construction......................................................................
Other nonresidentiai nonbuilding structures......................................
Single-family structures, nonfarm.........................................................
Single-family structures, farm................................................................
Multifamily structures..............................................................................
Manufactured hom es..............................................................................
Improvements...........................................................................................
O ther............................................................................................................
Brokers’ commissions on the sale of new residential structures..
Total new s tru c tu re s .............................................................................
Total new equipm ent, softw are, and stru c tu res.........................
774
640
4,922
20,184
455
12,302
9
3,815
19,925
1,045
1,417
193
11,214
6,481
960
126
1,287
172,282
1,449
22,883
13,863
80,824
2,710
411
968
787
30,329
84,948
1,547
57,515
27,358
189,262
1. The line numbers correspond to the line numbers in NIPA “Table 5.8. Private Fixed Investment in Equipment and Soft
ware by Type.”
2. Lines 26 and 27 include tractors, which is a separate line in the NIPAs.
3. The line numbers correspond to the line numbers in NIPA ‘Table 5.6. Private Fixed Investment in Structures by Type.”
3,130
3,199
5,623
38,658
98,667
38,489
139,865
20,057
101,581
5,480
316,129
430,633
8,551
70,646
30,124
79,991
27,896
48,673
Note. Line numbers followed by a letter indicate that detail has been added to the NIPA line.
n.e.c. Not elsewhere classified
NIPA National income and product accounts
9,277
22,439
37,811
89,206
5,623
9,825
15,097
25,496
4,922
12,302
11,214
6,481
969
3,815
19,925
1,045
1,417
5,695
172,282
1,449
22,883
13,864
80,824
790
5,480
548,415
1,324,220
November 2003
“real estate and owner-occupied housing” (5310) of
$172.3 billion.9 Many of the other types of structures
are specialized and flow to only one or two industries.
The only types that are widespread are industrial
buildings and commercial buildings. The largest of
these flows are commercial buildings to trade ($38.6
billion) and industrial buildings to manufacturing
($25.5 billion).
Viewing the summary table is a first step to under
standing the composition of capital spending in the
U.S. economy. However, for many business and policy
makers, a more detailed view of the data is helpful. For
example, a manufacturer of machine tools may use the
capital flow table and industry forecasts of investment
to project the market for machine tools. Table 1 in
cludes two rows for machine tools— metal cutting ma
chine tools (333512) and metal forming machine tools
(333513). Table C shows the top 15 users of machine
tools ranked on the basis of the sum of these two rows.
This table shows that the machine tool industry is
quite dependent on the investment spending of the
motor vehicle industries. Nearly 30 percent of the total
sales of machine tools are accounted for by motor ve
hicle body, trailer and parts manufacturing (17.5 per
cent) and motor vehicle manufacturing (12.2 percent).
Table C. Top 15 Major Users of Machine Tools
Ranked by 1997 Capital Flows
Inputoutput
industry
code
Industry
336A
332B
3361
3364
3321
4200
8111
3339
331A
3344
331B
3335
3331
3323
3315
Motor vehicle body, trailer, and parts manufacturing...................
Other fabricated metal product manufacturing.............................
Motor vehicle manufacturing.........................................................
Aerospace product and parts manufacturing...............................
Forging and stamping...................................................................
Wholesale trade............................................................................
Automotive repair and maintenance.............................................
Other general purpose machinery manufacturing.......................
Iron and steel mills and manufacturing from purchased steel.....
Semiconductor and electronic component manufacturing...........
Nonferrous metal production and processing...............................
Metalworking machinery manufacturing.......................................
Agriculture, construction, and mining machinery.........................
Architectural and structural metals manufacturing......................
Foundries.......................................................................................
1,465
1,121
1,020
392
230
222
208
205
186
175
169
166
156
155
154
Total..............................................................................................
8,381
Machine Share of
tool use use by all
(millions industries
of dollars) (percent)
17.5
13.4
12.2
4.7
2.7
2.6
2.5
2.4
2.2
2.1
2.0
2.0
1.9
1.8
1.8
Table 1 is more useful for this sort of market analy
sis. It offers greater commodity detail and shows data
in producers’ prices, a valuation that is more relevant
to a producer who is projecting sales. Data in purchas
ers’ prices shown in table 2 also include the transporta
tion costs and trade margins required to bring those
goods to market.
9. This flow may seem out of place in a table that presents flows to busi
ness investment. However, in the NIPAs the provision of owner-occupied
housing services is treated as a business, and the 1-0 framework is consis
tent in this respect with the NIPAs. As part of the comprehensive NIPA revi
sion, to be released in December 2003, the services o f nonfarm and farm
owner-occupied housing provided to the household and institutions sector
will be reclassified. The treatment o f the transactions associated with
owner-occupied housing as business-type transactions will be retained, so
this flow will continue to be an important one in the capital flow table.
21
Survey of C urrent B usiness
The capital flow table can also be used to determine
the intensity of usage of a given commodity or group
of commodities by all industries such as information
and communication technology (ICT). Table D shows
the top 20 users of ICT ranked according to the shares
of total investment in equipment and software that
were accounted for by the sum of rows 1 to 4 in table 2
(computers and peripheral equipment, office and ac
counting equipment, software, and communication
equipment). The most striking aspect of this table is
that only one of the top 20 industries— computer and
peripherals equipment (3341)— is in the manufactur
ing sector. Of the top 10 industries, 5 are in the infor
mation sector (51), and 4 are in the financial activities
sector (52, 53).
Table D. Top 20 Information-and-Communications-TechnologyIntensive Industries Ranked by 1997 ICT Share of
Total Equipment and Software Investment
[Millions of dollars unless otherwise specified]
Inputoutput
industry
code
5132
5415
5112
5250
5142
5330
5133
52A0
5131
5230
5413
5615
5412
4860
5500
5416
5141
3341
5417
5613
Industry
ICT
use
(1)
Total
equipment
and
software
(2)
(3) = (1)/(2)
ICT share
(percent)
Cable networks and program distribution...........
Computer systems design and related services
Software publishers.............................................
Funds, trusts, and other financial vehicles.........
Data processing services....................................
Lessors of nonfinancial intangible assets
Telecommunications............................................
Monetary authorities, credit intermediation, and
related activities...............................................
Radio and television broadcasting.....................
Securities, commodity contracts, investments....
Architectural and engineering services..............
Travel arrangement and reservation services....
Accounting and bookkeeping services...............
Pipeline transportation........................................
Management of companies and enterprises......
Management and technical consulting services
Information services............................................
Computer and peripheral equipment
manufacturing..................................................
Scientific research and development services
Employment services..........................................
10,381
7,324
2,593
314
1,864
178
44,979
11,434
8,184
2,944
358
2,151
211
54,527
91
89
88
88
87
84
82
19,089
2,918
5,006
9,352
407
2,493
2,253
3,814
2,116
778
23,832
3,803
6,558
12,615
551
3,403
3,172
5,567
3,136
1,156
80
77
76
74
74
73
71
69
67
67
2,535
2,099
798
3,914
3,291
1,269
65
64
63
Total....................................................................
265,461
775,805
34
ICT Information and communications technology
Uses of the Capital Flow Table
The capital flow table is used by academic, business,
and government economists in a variety of analytical
and statistical contexts. For any analysis that requires
knowledge of the distribution of capital by type or the
investment composition of an industry, the capital
flow table provides the only framework for such de
tailed information. The capital flow table is also used
indirectly in many types of analysis, as a basis for the
construction of other data sets, and to form variables
that are used in econometric studies of investment and
labor productivity.
A nalytical uses
Market analysis. Business economists use the infor
mation in the capital flow table to analyze which
industries use specific capital goods, such as machine
Business Investm ent by Industry
22
tools, tractors, and trucks. This analysis is most useful
in combination with information from the 1-0 use ta
ble, which also identifies intermediate flows to other
industries, consumers, government, and exports.
Impact analysis. The capital flow table can be used
to estimate the ripple effects of a change in the use of
capital by one industry on the demand for commodi
ties produced by all industries. The capital flow table,
converted to coefficients, translates the specified
change in the level of capital use by an industry to
changes in the purchases or the leases of capital by
commodity. These changes can then be multiplied by
the 1-0 total requirements matrix in order to calculate
the changes in domestic output and imports. For ex
ample, an analysis of the effect of a change in invest
ment tax policy on investment by industry would use
an econometric equation that incorporates the effects
of the tax policy change into the capital cost measure.
The capital flow table and the total requirements ma
trix can then be used to translate the changes in capital
use by industry to changes in final demand.
Forecasting. An econometric 1-0 model could in
corporate the capital flow table and 1-0 use table in or
der to forecast future demands for capital goods by
commodity related to investment, exports, consump
tion, and government spending. In this context, the
capital flow table is converted first to a matrix of coeffi
cients and this coefficient matrix translates the invest
ment spending by industry to the final demand by
commodity. Final demand is then used to calculate to
tal requirements, which are satisfied by domestic pro
duction or imports.
Productivity analysis. Many studies in the late
1990s sought to determine the relationship between
the faster productivity growth that began in the mid1990s to the significant increase in spending on infor
Acknowledgments
Edward T. Morgan, Acting Chief of the Benchmark
1-0 Branch of the Industry Economics Division,
Belinda L. Bonds, and David W. McCarthy, super
vised the preparation of the estimates. Sumiye Okubo,
Associate Director for Industry Accounts, Ann M.
Lawson, Chief of the Industry Economics Division,
and Douglas S. Meade, Deputy Division Chief, pro
vided overall guidance. Alvin D. Blake, Lisa C. Phares,
Simon N. Randrianarivelo, Amanda Carr Roberts,
Darlene C. Robinson-Smith, Stanislaw I. Rzeznik, and
Ricky L. Stewart prepared the estimates. David Kass
derived the distribution of own-account software.
The following staff members of the National
Income and Wealth Division, under the direction of
Carol E. Moylan, Chief, also contributed to the
development of the estimates: Michael Cusick,
Michael Glenn, Ralph Morris, and Everett Johnson.
November 2003
mation and communication technology (ICT). The
capital flow table identifies the share of ICT in total
equipment spending.10 Bureau of Labor Statistics
(BLS) capital service flows data are disaggregated into
IT and non-IT components using information from
the capital flow table. A series of capital flow tables can
be used to study multifactor productivity in an inte
grated 1-0 framework, where capital is treated as an
intermediate good in the long run.11
Energy and environmental analysis. Most energy
uses in the economy can be associated with certain
types of equipment and structures. Detailed estimates
of capital stock in place by type of asset combined with
measures of industry production levels are used in en
ergy 1-0 analysis to estimate requirements for electric
ity, refined petroleum products, and natural gas. The
1-0 use table provides estimates of energy use by type
of product, and more detailed energy 1-0 databases
have been constructed. Models that track emissions for
environmental analysis often use forecasts of fossil fuel
use by type as an important determinant.
Research and development and embodiment. Like
the 1-0 use table, the capital flow table can be used to
construct matrices of technology flows that trace the
productivity-enhancing effects of research and devel
opment expenditures (R&D) from producing indus
tries to using industries. For example, R&D that leads
to more efficient machine tools or computers should
have productivity-enhancing spillovers to industries
that use these goods.12 This concept is related to the
idea of capital-embodied or investment-specific tech
nical change, and the derivation of quality-adjusted
prices for capital goods.13
S ta tistica l uses
Fixed assets. The capital flow table is an important
source for the derivation of investment by asset by in
dustry in the BEA fixed assets estimates.14 The fixed as
sets investment data are available for about 60 private
10. See Oliner and Sichel (2000), Jorgenson and Stiroh (2000), McGuckin
and Stiroh (2002), Wilson (2002), and Triplett and Bosworth (2003).
11. This type o f study is described by Denison (1989) and by Cas and
Rymes (1991).
12. Scherer (2003) describes using an 1-0 table and a capital flow table to
develop “carrier” matrices, which carry R&D from originating industries to
using industries. His analysis indicates that 44.8 percent o f all patents are
associated with capital goods products sold to other industries.
13. Jorgenson (1966) is a classic presentation o f the embodiment ques
tion. Hulten (1992) deals with embodied technical change in different vin
tages of capital and relates his analysis to the quality adjustments o f capital
goods prices. Greenwood, Hercowitz, and Krusell (1997) suggest that qual
ity change in capital goods explains a major part o f postwar U.S. growth.
Wilson (2003) makes use o f capital flow data to investigate the rate of
embodied technical change.
14. See U.S. Bureau of Economic Analysis (2003) for the methodology
used in deriving the investment by industry series. The derivation o f the
investment controls by industry, investment controls by asset, and the use
o f the capital flow table to obtain the distribution by type of asset and
industry is covered on pages M -13 to M -25. For the most recent data
release, see Herman (2001, 27-38).
November 2003
Survey of C urrent B usiness
industries on an SIC basis for 1947 to 2001. In contrast
to the capital flow table, the investment data for equip
ment, software, and structures in the fixed assets esti
mates are on an ownership basis. This distinction is
most significant for equipment purchased for lease to
others under operating leases. The most important as
set types affected by this treatment of operating leases
are autos, trucks and truck trailers, computers, com
munication equipment, construction equipment, and
aircraft. The fixed assets estimates also include data on
capital stocks by industry and by asset, which are the
basis for the NIPA estimates of consumption of fixed
capital (economic depreciation).
Investment deflators. Aggregate deflators for
equipment, software, and structures by industry are
used in econometric studies of investment in deter
mining the user cost of capital.15 A column of the capi
tal flow table can be used to derive the weights for the
calculation of a fixed-weighted, or Fisher, price index
of investment for each industry when the prices to be
aggregated are the asset-specific prices of each row of
the table.
Capital stocks and capital services. Asset-specific
service lives can be used with capital flow information
on the composition of investment by industry to derive
capital stocks by industry by asset type. This use is es
pecially important for estimating stocks of informa
tion technology equipment, which have short
obsolescence-driven service lives. Different service
lives by asset type also imply different average vintages
of capital by industry because the compositions of as
set types differ significantly.16 As mentioned earlier,
BLS derives data on IT and non-IT capital services
from BEA data.
Definitions and Conventions
This section summarizes the treatment of several con
ceptual topics arising in the compilation of the capital
flow table. First, the distinction between the valuation
in producers’ and the valuation in purchasers’ prices is
explained. The relationship between the row sum of
the capital flow table and the private fixed investment
column in the 1-0 use table is particularly important
and is addressed next. Finally, issues relating to the in
dustry classification are discussed, especially differ
ences resulting from the adoption of NAICS and the
classification on a user basis.
Valuation in producers’ and purchasers’ prices.
The capital flow table is presented in producers’ prices
(table 1) and in purchasers’ prices (table 2). Producers’
15. See Jorgenson (1996) for the derivation o f the most common neoclas
sical measure o f the user cost of capital.
16. Wilson (2003) applies the 1992 capital flow table to track vintages of
investment.
23
prices exclude distribution costs (wholesale and retail
trade margins and transportation costs), but they in
clude excise taxes collected by producers.
Like the 1-0 use table, table 1 shows commodities
flowing directly to users, not through intermediary in
dustries, such as transportation or trade. Transporta
tion costs and trade margins are shown as purchases by
the using industry and are included in their respective
rows. In contrast, the values of the flows in table 2 in
clude transportation costs and trade margins.
The capital flow table and the 1-0 use table
The capital flow table can be viewed as an expansion or
an elaboration of the private fixed investment in the
1-0 use table. This relationship is illustrated in chart 1.
The use table is aggregated to a few major commodi
ties and industries in the upper panel of this chart, and
the capital flow table is shown in the lower panel. The
rows of the use table show commodities, and the col
umns show either the purchasing industries or final
use categories. Total commodity output (the row total)
consists of the sum of purchases of commodities by all
industries and final demand. Total industry output
(the column total) consists of the sum of purchases of
commodities and value added for a given industry.
Equipment, software, and structures used for capital
investment are combined in this table and shown as
sales to the final demand category of private fixed in
vestment, but they are not distinguished by using in
dustry.
The following criteria are used to determine if com
modities are private fixed investment in equipment:
The commodity must have a useful life of more than a
year; it must not be an integral part of a structure or be
included in the value of that structure; and it would be
charged to a capital account under standard account
ing procedures. New structures are defined as private
original erections, additions, and alterations that in
crease the stock of facilities and that are valued on a
“put-in-place basis.” They include new dwellings and
factories; nonbuilding facilities, such as railroads and
pipelines; and telephone and telegraph facilities.
The definition of private fixed investment in the
capital flow table differs slightly from that of the use ta
ble. Unlike the use table, the capital flow table presents
only investment in new equipment, software, and
structures; it does not show purchases of used assets.
The structures portion of the table includes real estate
commissions on the sales of new residential structures,
not on the sales of used residential and nonresidential
structures. In contrast, the private fixed investment
column of final demand in the use table in
cludes scrap, net purchases of used goods, and real
estate brokers’ commissions on the sales of new and
Chart I.T h e Input-Output Use Table and the Capital Flow Table
IV)
U s e T a b le .
C o m m o d itie s U s e d
b y In d u s tr ie s a n d
F in a l U s e s
IN D U S T R IE S 1
N atural
reso u rces
and mining
C O M M O D IT IE S 1
M anufacturing
T ra d e ,
transportation,
and utilities
Inform ation
S erv ices
T otal
in term e
d iate use
P ers o n al
consum p
tion e x p e n d
itures
N atu ra l reso u rces and
mining
Construction
M an u factu red
products
T ra d e , transportation,
and utilities
Inform ation
Serv ices
N o n c o m p a ra b le
im ports
T o tal in term ed iate
inputs
C h a n g e in
Private
busin ess
fixed
investm ent inventories
Expo rts
o f goods
and
services
Im ports
o f goods
and
serv ices
G o v e rn m e n t
consum ption
exp e n d itu res
and gross
inve stm en t
GDP
TO TA L
C O M M O D IT Y
OUTPUT
....
B u s in e s s
C o m p e n s a tio n of
e m p lo yees
Indirect business tax
and nontax liability
In v e s tm e n t
VALUE ADDED
Construction
F IN A L U S E (G D P )
O th e r v alu e ad d e d 2
To tal
T O T A L IN D U S T R Y O U T P U T
D is tr ib u tio n o f N e w
E q u ip m e n t a n d S tr u c tu r e s to U s in g
by
C a p ita l F lo w T a b le .
In d u s tr ie s
In d u s try
IN D U S T R IE S 1
N atural
reso urces
an d mining
C onstruction
M anufacturing
T ra d e ,
transportation,
and utilities
Inform ation
S erv ices
Private
fixed
investm ent
N atural reso u rces and
mining
Construction
C O M M O D IT IE S ’
M an u factu red
products
T ra d e , transportation,
an d utilities
N e w private fixed inve stm en t by type o f n e w com m odity
D istribution o f n e w p rivate fixed inve stm en t acro ss industries
Inform ation
S erv ices
T O T A L IN D U S T R Y U S E O F N E W E Q U IP M E N T
AND STRUCTURES
U.S. Department of Commerce, Bureau of Economic Analysis
2003
1. The input-output (l-O) accounts use two classification systems, one for industries and another for commodities, but both generally use the same l-O codes and titles;
for more information see “Appendix A. Industries in the 1997 Benchmark Input-Output Accounts," in “Benchmark Input-Output Accounts of the United States, 1997,”
S urvey of C urrent B usiness 82 (December 2002).
2. “Other value added” consists of the following components of gross domestic income: Consumption of fixed capital, net interest, proprietors' income, corporate profits,
rental income of persons, business transfer payments, and “subsidies less current surplus of government enterprises."
N ovem ber
N o n c o m p a ra b le
im ports
November 2003
Survey of C urrent B usiness
used nonresidential structures and used residential
structures.17
Table E shows the relationship between private fixed
investment in the use table and in the capital flow ta
ble. For example, in 1997, the total for autos in the col
umn for the capital flow table is $75.1 billion,
representing the purchases of new autos. In the private
fixed investment column of the use table, sales of used
autos from the business sector amounted to $44.5 bil
lion, mostly sales to personal consumption from auto
motive equipment rental and leasing (5321). This
amount enters the fixed investment column of the use
table as a negative number (-$30.6 billion), so it re
duces the total value of net purchases of autos in that
column to a value of $44.5 billion. Because net sales of
used autos are not included in the capital flow table,
the total value of autos in the capital flow table is $30.6
billion larger than that in the use table.
17. Private fixed investment is a component of gross domestic product
(GDP), which is the market value of new goods and services produced by
labor and property in the United States. GDP excludes transactions in used
goods because they are not part o f current production. These assets are
purchased from private fixed investment by persons, government, and for
eigners. The sale is recorded as a negative entry in the private fixed invest
ment column and as a corresponding positive entry in the column for
personal consumption, government, or exports, so the net contribution to
GDP is zero. However, scrap contributed —$11.5 billion to GDP in 1997 and
had total commodity output o f $5.5 billion. The total output o f scrap repre
sents scrap generated in the intermediate sector, and the source industries
o f this scrap are indicated in the make table.
25
Classification
The benchmark 1-0 accounts for 1997 were published
in two forms. In the “standard” make and use tables,
all the primary and secondary products that are pro
duced by an industry are assigned to that industry. In
the “supplementary” make and use tables, some sec
ondary products are redefined to the industries in
which these products are primary; in these tables,
own-account construction is redefined to the con
struction industry, and own-account software is rede
fined to the software publishing sector.18 The capital
flow table is compiled on the same industry basis as the
“standard” table, so secondary products are not rede
fined.
NAICS. For the first time, the capital flow table is
based on the 1997 North American Industry Classifi
cation System (NAICS).19 All the earlier tables were
based on various versions of the Standard Industrial
Classification (SIC). As a result, the comparability be
tween the 1997 capital flow table and earlier tables is
limited.
The capital flow table published in table 1 has 180
rows, representing 138 commodity goods and services
18. Own-account new construction is new construction work performed
by, and for, establishments classified according to NAICS in nonconstruc
tion industries. When the source data do not include this construction, an
estimate is made and added to the industry control.
19. See Lawson, et al. (2002) for a more complete description o f NAICS,
the treatment o f auxiliaries, and the implications for the 1 -0 accounts.
Table E. Reconciliation of Private Fixed Investment by NIPA Category in the Input-Output Use Table and in the Capital Flow Table, 1997
[Millions of dollars at purchasers’ prices]
NIPA
line1
Industry
Private purchases of structures..........................
5
6
9
10
11
12
14
15
16
17
18
19
21a
21b
22
23
24
25
30a
30b
31
32
33
34
35
36
Industrial buildings...........................................................
Commercial buildings.......................................................
Religious buildings...........................................................
Educational buildings.......................................................
Hospital and institutional buildings...................................
Other nonresidential buildings, excluding farm buildings.
Railroads..........................................................................
Telecommunications.........................................................
Electric light and power....................................................
Gas..................................................................................
Petroleum pipelines..........................................................
Farm nonresidential structures........................................
Petroleum and natural gas, wells.....................................
Petroleum and natural gas, exploration............................
Other mining construction.
Other nonresidential nonbuilding structures.....
Brokers’ commissions on sale of nonresidential
Net purchases of used structures..................................
Single-family structures, nonfarm...................................
Single-family structures, farm.........................................
Multifamily structures.....................................................
Manufactured homes.....................................................
Improvements................................................................
Other...............................................................................
Brokers' commissions on sale of residential structures.
Net purchases of used structures, residential...............
Inputoutput
use table
584,325.9
37.811.0
89,206.5
5.623.0
9.825.0
15.097.0
25.496.0
4.922.0
12.302.0
11.214.0
6.481.0
969.0
3.815.0
19,924.3
1,045.4
1.417.0
5.695.0
2.017.0
-218.0
172.282.0
1.449.0
22.883.0
13,863.9
80.824.0
790.0
41.522.0
-1,930.2
Reconcili
ation items
Capital
flow table
548,415.1
37,811.0
89,206.5
5,623.0
9,825.0
15,097.0
25,496.0
4,922.0
12,302.0
11,214.0
6,481.0
969.0
3,815.0
19,924.3
1,045.4
1,417.0
5,695.0
-2,017.0 ................
218.0 ................
172,282.0
1,449.0
22,883.0
13,863.9
80,824.0
790.0
-36,042.0
5,480.0
1,930.2
-35,910.8
1. The line numbers correspond to the line numbers in Table 5.6. Private Fixed Investment in Structures by Type” and
in ‘Table 5.8. Private Fixed Investment in Equipment and Software by Type” in the NIPAs. Line numbers followed by a
letter indicate that detail has been added to the NIPA line.
NIPA
line1
4
5
6
7a
7b
7c
8
9
11
12
13
14
15
16
18a
18b
19
20
21
22
24
26
27
28
29
30
31
32
33a
33b
33c
33d
Industry
Private purchases of equipment and software...................
Computers and peripheral equipment......................................
Software...................................................................................
Communication equipment.......................................................
Nonmedical instruments and related equipment.....................
Medical instruments and related equipment............................
Electromedical equipment........................................................
Photocopy and related equipment...........................................
Office and accounting equipment.............................................
Fabricated metal products........................................................
Engines and turbines...........
Metalworking machinery......
Special industry machinery, n e c
General industrial, including materials handling, equipment...
Electrical transmission, distribution, and industrial apparatus..
Light trucks...............................................................................
Trucks, other than light, buses and trailers..............................
Autos.........................................................................................
Aircraft.........
Ships and boats
Railroad equipment
Furniture and fixtures
Agricultural machinery, including tractors2..............................
Construction machinery, including tractors2 ...........................
Mining and oilfield machinery..................................................
Service industry machinery.....................................................
Electrical equipment, n.e.c.......................................................
Other nonresidential equipment..............................................
Less: sale of equipment scrap, excluding autos.....................
Furniture, residential................................................................
Household appliances, residential...........................................
Floor coverings, residential......................................................
Communication equipment, residential...................................
2. Includes tractors, which is a separate line in the NIPAs.
n.e.c. Not elsewhere classified
NIRAs National income and product accounts
Inputoutput
use table
735,582.7
81.850.3
97.988.3
80.107.0
16.609.9
15.874.5
10.659.1
12.704.6
5.788.7
10.602.2
3.753.6
29.762.4
32.949.9
44.388.6
19,358.0
61.888.6
24,041.6
44.502.5
15,412.3
2.710.8
5.820.8
30.152.6
16.302.6
19,637.2
3.629.9
14,956.8
3.651.7
29.036.6
-4,774.0
342.5
4,124.1
1,550.3
198.7
Reconcili
ation items
40,222.0
-252.7
47.1
-54.6
18.6
-63.9
-67.6
-218.7
-98.4
-1,090.9
7.702.0
-51.3
30,646.4
-363.7
-81.7
-41.5
-114.0
-697.0
-362.4
769.5
-39.4
14.2
48.0
4.774.0
Capital
flow table
775,804.7
81.597.6
97.988.3
80.154.1
16.555.3
15.893.1
10.659.1
12.640.7
5.721.1
10.602.2
3,753.6
29.543.7
32.851.5
43.297.7
19,358.0
69.590.6
23.990.3
75,148.9
15.048.6
2.629.1
5.779.3
30.038.6
15.405.6
19.274.8
4.399.4
14.917.4
3,665.9
29.084.6
342.5
4.124.1
1,550.3
198.7
Business Investm ent by Industry
26
that compose equipment investment, 36 types of struc
tures, and 6 transportation and trade categories.20 It is
organized by four-digit NAICS columns, and six-digit
NAICS rows. The columns, or using industries, in the
table have much more detail in the services industries
than in previous tables. Underlying the published
commodity-level detail are data at a higher level of de
tail that are classified by BEA with detailed commodity
codes. For example, there are 735 detailed commodi
ties that flow to equipment and software investment.
NAICS also recognizes the information sector,
which is a combination of industries that were previ
ously classified in manufacturing, services, and com
munication in the SIC. This new sector contains many
significant users of computers and other high-tech
capital goods.
A NAICS innovation is the separate classification of
auxiliary establishments, recognizing a new industry,
“management of companies and enterprises” (NAICS
5511). Most of the establishments in this industry are
central administrative offices. Most of the other auxil
iaries are in “professional, scientific, and technical ser
vices” (NAICS 54) and in “administrative and support
and waste management and remediation services”
(NAICS 56).
User basis. The capital flow table is prepared with
flows allocated to using industries. The difference be
tween this method of allocation and allocation to own
ing industries occurs when new capital is leased by one
industry from another. The difference between the
user basis and the owner basis is especially significant
for airplanes, automobiles, computers, railroad cars,
and structures.21
For many applications of the capital flow table, clas20. The structures categories are rows 5 to 40. These are classified by type
o f activity rather than by NAICS codes, which are organized by types of
contractors or construction firms. The transportation costs and trade mar
gins are in rows 168 to 173 and include margins for wholesale trade and
retail trade, and costs o f air transportation, rail transportation, water trans
portation and truck transportation.
21. The fixed assets estimates show investment and capital stocks on an
owner basis. These data are derived by first converting the investment flows
to a “proxy” capital flow table on an owner basis.
Availability of Capital Flow Data
The capital flow data presented in this article are also
available on BEA’s Web site at <www.bea.gov>. Under
“Industry,” click on “Capital Flow,” and then click on
the XLS file for “Capital flow table for 1997” to open
an Excel spreadsheet that contains a table of contents,
a sheet of documentation, commodity and industry
sector lists, and the capital flow table by commodity
and by NIPA category. Aggregated 22-industry ver
sions of the table are also available for both 1-0 com
modities and NIPA categories.
November 2003
sification on the user basis is more appropriate. For
example, in market analysis, the investment require
ments of the ultimate users of each capital good
determine its demand. For forecasting purposes, the
distribution of use may be more stable than owner
ship, which is often based on institutional or financial
considerations rather than on technical considerations.
Finally, the techniques used to allocate equipment to
industries are more easily justified with a table on a
user basis; for example, the use of capital in each in
dustry is probably more related to patterns of occupa
tional employment than a table on an owner basis.
In the capital flow table, both purchased and leased
capital commodities are included as investment by the
using industry. However, equipment that is rented is
assigned to the owning (lessor) industry, and if the les
see is a government agency or a person, the capital flow
table shows the commodity in the lessor industry. For
example, the auto rental industry is shown as the larg
est user of autos, which serve as the primary capital for
this industry.
Care must be taken when the capital flow table is
used with the 1-0 table for impact analysis or pro
ductivity studies. Lease payments are shown in the 1-0
table as intermediate purchases of automotive equip
ment rental and leasing (5321) and machinery and
equipment rental and leasing (5324) by the using in
dustries. If the capital flow table is used to estimate
capital services of using industries, the leased capital
services may be double-counted.
Methodology
The capital flow table is prepared in four major steps.
First, detailed information on total spending on equip
ment, software, and structures by commodity is com
piled from the 1997 benchmark 1-0 use table. Second,
industry control totals are derived— one set of control
totals for equipment and software and one set for
structures. Third, for each commodity, expenditures
are then distributed to using industries, largely on the
basis of distributions of industry employment by occu
pation. Fourth, the table is balanced to the control to
tals and evaluated; the control totals or the industry
distributions may then be revised, and the table rebal
anced.
Investm ent by c o m m o d ity
Commodity control totals. The total amount of a
commodity that is available as investment to all indus
tries— the commodity control total— is determined by
the amount of the commodity sold to private fixed in
vestment. The calculation of the commodity control
total in the capital flow table starts with the commod
ity’s allocation to private fixed investment in the
benchmark 1-0 use table, and adjustments are made
November 2003
Survey of Current B usiness
for scrap, sales of used goods and brokers’ commis
sions.22
Investment by industry
Sources for industry control totals. The industry (col
umn) control totals for the capital flow table are calcu
lated primarily from data on capital expenditures from
various Census Bureau surveys, including the Annual
Survey of Manufacturers (ASM), the Annual Capital
Expenditures Survey (ACES), the Business Expenses
Survey, and the Economic Census. The source data
used to derive each industry control total vary by in
dustry. Table F summarizes the data sources. All the
data are on a user basis, showing dollar values of capi
tal used by firms through direct purchase or through
capital leases.
22. Chart 1 shows this relationship, and table E summarizes the differ
ences between the row sums in the capital flow table and private fixed
investment.
Table F. Principal Data Sources for Control Totals for Equipment and
Software Industry in the 1997 Capital Flow Table
NAICS
code
Industry
Source of data
11 Agriculture, forestry, fishing, and hunting....
ERS farm sector gross capital expenditures
1997 ACES
21 Mining.........................................................
1997 EC, General Summary, table 1-1
1997 ACES
22 Utilities........................................................
1997 EC, General Summary, table 10
1997 ACES
23 Construction................................................
1997 EC, Subject Series, table 1
1997 ACES
31-33 Manufacturing.............................................
1997 ASM, table 5
42 Wholesale trade..........................................
1997 BES, unpublished data, table 13
1997 ACES
44-45 Retail trade..................................................
1997 BES, unpublished data, table 13
1997 ACES
48-49 Transportation and warehousing................
1997 EC, Subject Series, table 10
1997 ACES
51 Information..................................................
1997 EC, Subject Series, table 4
1997 ACES
52 Finance and insurance................................
1999 ACES, table 4c
53 Real Estate, rental, and leasing.................
1997 EC, Subject Series, tables 3a and 3c
1997 BES, unpublished data, table 13
1997 ACES
54 Professional, scientific, and technical
services...................................................
1997 BES, unpublished data, table 13
1997 ACES
55 Management of companies and enterprises 1999 ACES, table 4c
56 Administrative and waste services.............
1997 BES, unpublished data, table 13
1997 ACES
61 Educational services...................................
1997 BES, unpublished data, table 13
1997 ACES
62 Health care and social assistance.............
1997 BES, unpublished data, table 13
1997 ACES
71 Arts, entertainment, and recreation...........
1997 BES, unpublished data, table 13
1997 ACES
72 Accommodation and food services............
1997 BES, unpublished data, table 13
1997 ACES
81 Other services, except public administration 1997 BES, unpublished data, table 13
ACES Annual Capital Expenditures Survey, Census Bureau
ASM Annual Survey of Manufactures, Census Bureau
BES Business Expenditures Survey, Census Bureau
EC Economic Census, Census Bureau
ERS Economic Research Service, U.S. Department of Agriculture
NAICS North American Industry Classification System
N o te : A concordance was used to bridge the SIC-based ACES data and the NAICS-based census data.
27
Adjustments to the industry controls totals. The
industry control totals are adjusted to account for dif
ferences in classification, coverage, and methodology.
For example, Economic Census and ASM data are on a
three- or four-digit NAICS. The Business Expenses
Survey and ACES data are on an two- or three-digit
SIC. In addition, the data sources do not always distin
guish between new and used capital expenditures. Al
though the Business Expenses Survey is more detailed
than the ACES, the capital expenditures data from that
survey are not classified by new and used. Therefore,
ACES ratios of new and used expenditures are used in
certain cases to disaggregate Business Expenses Survey
total expenditures data.
After deriving industry control totals on a NAICS
basis, the data are adjusted for the following:
• For establishments not covered by the economic
censuses,23
• For misreported tax returns,24
• For own-account new construction,
• For capitalized software, and25
• For conformance to NIPA conventions for expensed
motor vehicles, for petroleum and natural gas well
drilling and exploration, for other mining explora
tion and for nonfarm business use of personal
motor vehicles.26
Allocation to using industry
After the commodity and industry controls have been
derived, new investment purchases by commodity are
distributed to using industry. The largest part of this
task is the distribution of equipment investment
spending to using industry, because of the large num
ber of detailed commodities for equipment and be
cause many types of equipment, such as computers
and automobiles, are used by almost every industry.
Allocation of equipment. Equipment commodities
are distributed to using industries in purchasers’ prices
23. This adjustment is mainly for estimates for nonpayroll firms, but it
includes an adjustment for capital expenditures data not collected in the
economic censuses.
24. The Census Bureau receives data on operating establishments from
census forms mailed to establishments and from administrative sources.
The administrative sources are tax return data from the Internal Revenue
Service and unemployment insurance data. Misreporting adjustments are
made to administrative data to correct underreporting of income by estab
lishments. For further information, see Parker (1984).
25. The total o f the adjustments for capitalized software is the private
fixed investment software value from the benchmark use table. This value is
distributed to using industries in proportion to their employment in soft
ware related occupations, such as computer programmers and systems ana
lysts.
26. Expenditures for petroleum and natural gas well drilling and explora
tion and other mining exploration are not reported as investment to the
Census Bureau. These expenditures are recorded as investment in the capi
tal flow table. Business use of personal motor vehicles represents personally
owned motor vehicles used for business purposes. In the NIPAs, purchases
of these vehicles are allocated between consumer purchases and business
purchases according to mileage.
Business Investm ent by Industry
28
by 735 detailed commodity codes. Table G shows the
detailed composition of commodities in the computers
and peripherals sectors. Two methods are used to allo
cate capital equipment to using industries— direct al
location and distributive allocation.
With the direct allocation method, detailed com
modities that are sector-specific are directly allocated
to the appropriate industry; for example, the detailed
commodity “nuclear reactor steam supply systems,
heat exchanges, and condensers” is allocated to electric
power generation, transmission and distribution
(2211). If a detailed commodity description is used by
a small number of industries, the commodity is allo
cated according to some other criteria, such as indus
try output. For example, the commodity “ferrous
metal pressure tanks and vessels for refineries, chemi
cal plants, and paper mills” is allocated to petroleum
refining, chemical manufacturing, and paper manu
facturing by this method.
If a detailed commodity is judged to be used by
many industries, the Bureau of Labor Statistics (BLS)
occupation-by-industry matrix is used as a guide for
allocation.27 Certain occupations or sets of occupations
are assumed to be good indicators of which industries
use a specific type of capital good; for example, ma
chine tools are allocated to industries by the employ27. BEA used the occupation-by-industry matrices for 1998 and 2000,
converted to a NAICS classification.
Table G. Computers and Peripheral Equipment Commodities
by Product Detail
Inputoutput
commodity
Detailed products
Electronic computers (334111)
PC servers (excluding Unix servers)
Large and medium scale host computers (mainframes, super computers and
Unix servers)
Personal computers
Workstations, microprocessor-based, single-user systems
Laptops
Notebooks, subnotebooks
PDAs (personal digital assistants)
Other portables (palmtops)
Other single user computers
Other computers (array, analog, hybrid, or special-use computers)
Electronic computers, n.s.k.
Computer storage devices (334112)
Magnetic disk drives (rigid and flexible) and other direct access storage equipment
Optical disk drives, including CD-ROM, WORM, and rewritable
Multiuser system storage devices (disk and optical subsystems, disk arrays, encased
Serial access storage equipment (e.g. tape drives)
Computer storage devices, n.s.k.
Computer terminals (334113)
Teleprinters
Display terminals
Computer terminals, n.s.k.
Other computer peripheral equipment (334119)
Keying equipment, mice, digitizers, light pen tablets, manual input devices, all other
input-output devices
Optical scanning devices (bar code, flat bed, etc.), plotters, and other entry devices
Impact computer printers, including line and serial type
Printers, nonimpact (including laser, inkjet, thermal, and ion deposition)
Computer monitors
Accessories for computer peripherals (device supports, ergonomic aids, etc.)
Other peripheral equipment manufacturing, n.s.k.
n.s.k. Not specified by kind
November 2003
ment of machine tool operators. This method works
best when the occupations are highly relevant to the
use of a particular capital good and when the ratios of
investment in that type of good to occupational em
ployment in those categories is roughly constant. Of
the total value of equipment expenditures, 85 percent
was distributed by occupational employment.
Allocation of structures. The distribution of new
structures to using industries is similar to the distribu
tion of new equipment and software. Initially, struc
tures that are industry or sector specific are allocated
to the industry or industries to which they are most
appropriate; for example, “new religious structures”
are allocated to the industry “social and religious orga
nizations.” Of total new structures, 63 percent are di
rectly allocated to using industries, and 37 percent are
distributed in proportion to 1998 ACES data on capital
expenditures by major industry group. In some cases,
occupational data are also used as a guide to the distri
butions.
Final adjustment
Industry review. After the detailed commodities are
distributed to using industries, industry purchase pat
terns are reviewed, and ACES data on industry pur
chases are used as a further control total on the
distribution of equipment. In the ACES data, industry
purchases of capital goods are reported by general cat
egory, such as office equipment. These values are used
as guidelines to check the quality of the occupational
distribution within an industry.
Balancing the table. The balancing of the table is
done in purchasers’ prices at the level of the published
table. The equipment data at the detailed commodity
level are first aggregated to the 138 four-digit NAICS
categories. Structures and equipment and software are
balanced separately.
A balancing program scales the table iteratively by
row and by column until the columns and rows sum to
their respective control totals. After the balancing is
complete, the table is reviewed once again. Transporta
tion and trade margins are then estimated by com
modity and moved to the respective rows of the
producers’ prices table (table 1).
Directions for Future Work
A short-term goal in BEA’s current strategic plan is the
integration of the annual 1-0 accounts with the GDPby-industry accounts as a time series, beginning with
1998. These accounts will be released in the Spring of
2004. A natural extension of this integration would be
the compilation of a time series of annual capital flow
tables for 1998 to 2001. For most users of the capital
flow table, the publication of annual data would be
highly desirable. Business investment is one of the
November 2003
Survey of Current Business
most volatile components of GDP, and the composi
tion of investment (computers, communication equip
ment, and autos) can vary significantly over the course
of the business cycle. For example, the share of tele
communication equipment in total investment was
much smaller in 2001, a recession year, than in 1997, a
year of rapid growth.
If resources permit, research will be initiated next
year to determine the feasibility of compiling annual
capital flow tables.28 This research will explore the bet
ter use of existing source data, investigate alternative
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Appendixes A and B and tables 1 and 2 follow.
Appendix A. Classification of Industries (Columns) in the 1997 Capital Flow Table
l-O
Column
number industry
code1
Industry
Related 1997
NAICS codes
l-O
Column industry
number code1
1
2
3
4
5
6
7
8
9
10
11
12
13
14
1110
1120
1130
1140
1150
2110
2121
2122
2123
2130
2211
2212
2213
2300
Crop production............................................................
Animal production.........................................................
Forestry and logging.....................................................
Fishing, hunting and trapping........................................
Agriculture and forestry support activities....................
Oil and gas extraction...................................................
Coalmining.....
Metal ores mining.........................................................
Nonmetallic mineral mining and quarrying...................
Support activities for mining..........................................
Power generation and supply........................................
Natural gas distribution.................................................
Water, sewage and other systems................................
New and maintenance and repair construction............
1111,1112,1113,1114,1119
1121,1122,1123,1124,1125,1129
1131,1132,1133
1141,1142
115
211
2121
2122
2123
2131
2211
2212
2213
23
63
64
65
66
67
68
69
70
71
72
73
74
75
76
3364
336B
3370
3391
3399
4200
4A00
4810
4820
4830
4840
4850
4860
48A0
15
16
17
18
19
20
21
22
23
24
25
3110
3121
3122
3130
3140
3150
3160
3210
3221
3222
3230
Food manufacturing......................................................
Beverage manufacturing...............................................
Tobacco manufacturing.................................................
Textile mills.....................................................................
Textile product mills.......................................................
Apparel manufacturing..................................................
Leather and allied product manufacturing....................
Wood product manufacturing........................................
Pulp, paper, and paperboard mills................................
Converted paper product manufacturing.....................
Printing and related support activities...........................
3111-9
3121
3122
3131,3132,3133
3141,3149
3151,3152,3159
3161,3162, 3169
3211,3212, 3219
3221
3222
3231
77
78
79
80
81
82
83
84
85
86
87
4920
4930
5111
5112
5120
5131
5132
5133
5141
5142
52A0
26
27
28
29
30
31
32
33
34
35
36
3240
3251
3252
3253
3254
3255
3256
3259
3260
3270
331A
3241
3251
3252
3253
3254
3255
3256
3259
3261,3262
3271,3272,3273,3274, 3279
88
89
90
91
92
93
94
95
96
97
98
5230
5240
5250
5310
5321
532A
5324
5330
5411
5412
5413
37
38
39
40
41
42
43
44
331B
3315
3321
3322
3323
3324
332A
332B
Petroleum and coal products manufacturing................
Basic chemical manufacturing......................................
Resin, rubber, and artificial fibers manufacturing.........
Agricultural chemical manufacturing.............................
Pharmaceutical and medicine manufacturing..............
Paint, coating, and adhesive manufacturing................
Soap, cleaning compound, and toiletry manufacturing
Other chemical product and preparation manufacturing
Plastics and rubber products manufacturing................
Nonmetallic mineral product manufacturing.................
Iron and steel mills and manufacturing from purchased
steel............................................................................
Nonferrous metal production and processing..............
Foundries.......................................................................
Forging and stamping...................................................
Cutlery and handtool manufacturing.............................
Architectural and structural metals manufacturing.......
Boiler, tank, and shipping container manufacturing.....
Ordnance and accessories manufacturing..................
Other fabricated metal product manufacturing.............
99
100
101
102
103
104
105
106
45
46
47
48
49
50
3331
3332
3333
3334
3335
3336
107
108
109
110
111
112
51 3339
52 3341
53 334A
54 3344
55
56
57
58
59
60
3345
3346
3351
3352
3353
3359
61 3361
62 336A
Agriculture, construction, and mining machinery.........
Industrial machinery manufacturing..............................
Commercial and service industry machinery...............
HVAC and commercial refrigeration equipment...........
Metalworking machinery manufacturing......................
Turbine and power transmission equipment
manufacturing...........................................................
Other general purpose machinery manufacturing.......
Computer and peripheral equipment manufacturing....
Audio, video, and communications equipment
manufacturing...........................................................
Semiconductor and electronic component
manufacturing...........................................................
Electronic instrument manufacturing............................
Magnetic media manufacturing and reproducing.........
Electric lighting equipment manufacturing...................
Household appliance manufacturing.............................
Electrical equipment manufacturing..............................
Other electrical equipment and component
manufacturing...........................................................
Motor vehicle manufacturing.........................................
Motor vehicle body, trailer, and parts manufacturing....
1. The l-O industry codes with a letter are aggregates of NAICS industries.
I-O Input output
NAICS North American Industry Classification System
3311,3312
3313,3314
3315
3321
3322
3323
3324
332992-5
3325, 3326, 3327,3328, 33291,
332991, 332996-9
3331
3332
3333
3334
3335
3336
3339
3341
487, 488
492
493
5111
5112
5121,5122
5131
5132
5133
5141
5142
5414
5415
5416
5417
5418
5419
5500
5613
Specialized design services..........................................
Computer systems design and related services..........
Management and technical consulting services..........
Scientific research and development services.............
Advertising and related services...................................
Other professional and technical services...................
Management of companies and enterprises................
Employment services....................................................
5414
5415
5416
5417
5418
5419
55
5613
5615
561A
5620
6100
6210
6220
Travel arrangement and reservation services..............
All other administrative and support services..............
Waste management and remediation services............
Educational services.....................................................
Ambulatory health care services...................................
Hospitals........................................................................
5615
5611,5612,5614,5616,5617,5619
562
611
621
622
116 7130
3359
3361
3362,3363
3364
3365,3366,3369
3371,3372, 3379
3391
3399
42
44, 45
481
482
483
484
485
486
Lessors of nonfinancial intangible assets.....................
Legal services...............................................................
Accounting and bookkeeping services..........................
Architectural and engineering services.........................
113 6230
114 6240
115 71A0
117
118
119
120
121
122
Aerospace product and parts manufacturing...............
Other transportation equipment manufacturing............
Furniture and related product manufacturing...............
Medical equipment and supplies manufacturing..........
Other miscellaneous manufacturing..............................
Wholesale trade............................................................
Retail trade......
Air transportation
Rail transportation.........................................................
Water transportation......................................................
Truck transportation.......................................................
Transit and ground passenger transportation...............
Pipeline transportation..................................................
Scenic and sightseeing transportation and support
activities for transportation.........................................
Couriers and messengers.............................................
Warehousing and storage.............................................
Newspaper, book, and directory publishers.................
Software publishers.......................................................
Motion picture and sound recording industries............
Radio and television broadcasting................................
Cable networks and program distribution.....................
Telecommunications......................................................
Information services......................................................
Data processing services..............................................
Monetary authorities, credit intermediation and related
activities......................................................................
Securities, commodity contracts, investments..............
Insurance carriers and related activities........................
Funds, trusts, and other financial vehicles...................
Real estate (and owner occupied dwellings)................
Automotive equipment rental and leasing.....................
Consumer goods and general rental centers...............
521,522
523
524
525
531
5321
5322, 5323
5324
533
5411
5412
5413
3342,3343
3344
3345
3346
3351
3352
3353
Related 1997
NAICS codes
Industry
7210
7220
8111
811A
8120
813A
123 813B
Nursing and residential care facilities........................... 623
Social assistance.......................................................... 624
Performing arts, spectator sports, museums, zoos, and
parks........................................................................... 711,712
Amusements, gambling, and recreation........................ 713
Accommodation............................................................
Food services and drinking places................................
Automotive repair and maintenance..............................
Electronic, commercial, and household goods repair...
Personal and laundry services......................................
Religious, grantmaking and giving, and social
advocacy organizations.............................................
Civic, social, professional and similar organizations
721
722
8111
8112,8113, 8114
8121,8122, 8123, 8129
8131,8132, 8133
8134,8139
November 2003
Survey of C urrent Business
31
Appendix B. Classification of Commodities (Rows) in the 1997 Capital Flow Table
l-O
Row
number commodity
code1
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
212291
213111
213112
21311A
233511 2
2335122
2335132
2335142
2335152
2335162
2335172
2335232
2335242
2335252
2335262
2335272
233528 2
233529 2
233532 2
2335332
2335342
2335352
2335362
2335432
233544 2
2335452
233551 2
233552 2
2335722
2335732
2335742
2336122
233621 2
2336242
2336252
233631 2
233701 2
2337032
2337062
2337222
313230
314110
321920
321991
325180
3261A0
326290
332212
332213
332313
332322
332323
332410
332420
332430
332500
332910
332996
332999
333111
333112
333120
333131
333132
333210
333220
333291
333292
333293
333294
333295
333298
33331A
333313
333314
333315
333319
333411
333412
333415
333511
333512
333513
333514
33351A
333611
333618
333911
333912
333913
Commodity
Related 1997
NAICS codes
Uranium, radium and vanadium ore mining.......................................
Drilling oil and gas wells....................................................................
Support activities for oil and gas operations......................................
Support activities for other mining.....................................................
New residential 1-unit structures, nonfarm construction...................
New residential 2-4 unit nonfarm construction..................................
New residential garden apartments construction.............................
New high-rise apartments construction......
New nonfarm residential additions and alterations...........................
New hotels and motels construction...........
New dormitory and other group housing construction.......................
New warehouse construction......................
New garages and service stations construction................................
Other new nonfarm buildings construction.........................................
New religious facilities construction...................................................
New hospital construction................
New residential institutional and other health facilities......................
New amusement and recreation facilities construction.....................
New railroad facilities construction...
New electric utility construction........
New gas utility facilities construction
New petroleum pipelines construction...............................................
New water supply facilities construction............................................
New academic facilities construction
New libraries, museums and cultural facilities construction..............
New commercial structures...............................................................
New farm housing units and additions and alterations.....................
New farm service facilities construction.............................................
New dam and reservoir construction.................................................
Other new conservation and development construction...................
Other new nonbuilding construction..................................................
New highways, bridges and other horizontal construction................
New industrial plants construction.....................................................
New waste treatment plants construction..........................................
New sewer facilities construction.......................................................
New telephone and telegraph construction.......................................
Residential maintenance and repair construction..............................
Farm residential maintenance and repair and major replacement....
Railroad maintenance and repair construction..................................
New office building construction........................................................
Nonwoven fabric mills........................................................................
Carpet and rug mills..........................................................................
Wood containers and pallets..............................................................
Manufactured homes, mobile homes.................................................
Other basic inorganic chemicals........................................................
Foam products.........
Other rubber products
Hand and edge tools.
Saw blades and handsaws................................................................
Plate work................
Sheet metal work...............................................................................
Ornamental and architectural metal work..........................................
Power boilers and heat exchangers.
Metal tanks, heavy gauge...............
Metal cans, boxes, and other containers...........................................
Hardware.........................................
Metal valves.....................................
Fabricated pipe and pipe fittings.....
Miscellaneous fabricated metal products...........................................
Farm machinery and equipment........................................................
Lawn and garden equipment
Construction machinery......
Mining machinery and equipment......................................................
Oil and gas field machinery and equipment......................................
Sawmill and woodworking machinery................................................
Plastics and rubber industry machinery.............................................
Paper industry machinery..................................................................
Textile machinery................
Printing machinery and equipment....................................................
Food product machinery.....
Semiconductor machinery...
All other industrial machinery............................................................
Automatic vending, commercial laundry and drycleaning machinery
Office machinery.................................................................................
Optical instruments and lenses..........................................................
Photographic and photocopying equipment.......................................
Other commercial and service machinery.........................................
Air purification equipment..................................................................
Industrial and commercial fans and blowers......................................
A/C, refrigeration, and forced air heating equipment........................
Industrial molds...................................................................................
Metal cutting machine tools.
Metal forming machine tools
Special tools, dies, jigs, and fixtures..................................................
Rolling mill and other metalworking machinery.................................
Turbine and turbine generator set units.............................................
Other engine equipment.....
Pumps and pumping equipment........................................................
Air and gas compressors....
Measuring and dispensing pumps.....................................................
212291
213111
213112
213113,213114, 213115
233
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
23
31323
31411
32192
321991
325188
32614,32615
32629
332212
332213
332313
332322
332323
33241
33242
332431
3325
33291
332996
332999
333111
333112
33312
333131
333132
33321
33322
333291
333292
333293
333294
333295
333298
333311,333312
333313
333314
333315
333319
333411
333412
333415
333511
333512
333513
333514
333516,333518
333611
333618
333911
333912
333913
1. The l-O commodity codes with a letter are aggregates of NAICS industries.
2. Construction is classified by type of activity, such as the construction of new highways and streets, rather than by the
type of construction contractor, such as heavy construction contractors who pave asphalt roads.
3. The commodity in this NAICS code is included in more than one commodity.
l-O
Row
number commodity
code 1
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
333922
333923
333924
333991
333992
333993
333994
333996
33399A
334111
334112
334113
334119
334210
334220
334290
334300
334510
334511
334513
334514
334515
334516
334517
334519
334613
335120
335211
335212
335221
335222
335224
335228
335311
335312
335313
335314
335911
335929
335931
335999
336110
336120
336211
336212
336213
336214
336360
336411
336412
336414
336500
336611
336612
336991
336999
337110
337121
337122
337124
337125
337127
337211
337212
337214
337215
337910
337920
339111
339112
339113
339114
339920
339942
339950
339992
339999
420000
4A0000
481000
482000
483000
484000
511200
513300
531210
541330
541511
541512
S00300
Commodity
Conveyors and conveying equipment................................................
Overhead cranes, hoists, and monorail systems...............................
Industrial trucks, trailers, and stackers...............................................
Power-driven handtools.....................................................................
Welding and soldering equipment.....................................................
Packaging machinery........................................................................
Industrial process furnaces and ovens..............................................
Fluid power pumps and motors.........................................................
Scales, balances, and miscellaneous general purpose machinery
Electronic computers.........................................................................
Computer storage devices.................................................................
Computer terminals............................................................................
Other computer peripheral equipment...............................................
Telephone apparatus..........................................................................
Broadcast and wireless communications equipment.........................
Other communications equipment.....................................................
Audio and video equipment...................
Electromedical apparatus......................
Search, detection, and navigation instruments..................................
Industrial process variable instruments..
Totalizing fluid meters and counting devices
Electricity and signal testing instruments
Analytical laboratory instruments...........
Irradiation apparatus...............................
Other measuring and controlling devices
Magnetic and optical recording media....
Lighting fixtures.......................................
Electric housewares and household fans
Household vacuum cleaners.................
Household cooking appliances..............
Household refrigerators and home freezers......................................
Household laundry equipment...............
Other major household appliances........
Electric power and specialty transformers.........................................
Motors and generators...........................
Switchgear and switchboard apparatus..
Relays and industrial controls................
Storage batteries....................................
Other communication and energy wire...
Current-carrying wiring devices.............
Miscellaneous electrical equipment...................................................
Automobiles and light trucks..............................................................
Heavy duty trucks..............................................................................
Motor vehicle bodies..................
Truck trailers................................
Motor homes..............................
Travel trailers and campers........
Motor vehicle seating and interior trim...............................................
Aircraft........................................
Aircraft engines and engine parts......................................................
Guided missiles and space vehicles..................................................
Railroad rolling stock..........................................................................
Ship building and repairing
Boat building...................
Motorcycles, bicycles, and parts........................................................
All other transportation equipment.....................................................
Wood kitchen cabinets and countertops............................................
Upholstered household furniture.......................................................
Nonupholstered wood household furniture........................................
Metal household furniture..................................................................
Household furniture, except wood and metal....................................
Institutional furniture..................
Wood office furniture..........................................................................
Custom architectural woodwork and millwork....................................
Office furniture, except wood.............................................................
Showcases, partitions, shelving, and lockers....................................
Mattresses..................................
Blinds and shades.....................
Laboratory apparatus and furniture...................................................
Surgical and medical instruments
Surgical appliances and supplies
Dental equipment and supplies..
Sporting and athletic goods.......
Lead pencils and art goods.......
Sign manufacturing....................
Musical instruments............................................................................
All other miscellaneous manufactured products................................
Wholesale trade..................................................................................
Retail trade.........................................................................................
Air transportation
Rail transportation.............................................................................
Water transportation..........................................................................
Truck transportation...........................................................................
Software publishers...........................................................................
Telecommunications...........................................................................
Offices of real estate agents and brokers..........................................
Engineering services.........................................................................
Custom computer programming services..........................................
Computer systems design services...................................................
Noncomparable imports....................................................................
I-O Input output
Nort^ A™erican lndustry Classification System
n-a- Not applicable.
Related 1997
NAICS codes
333922
333923
333924
333991
333992
333993
333994
333996
333997,333999
334111
334112
334113
334119
33421
33422
33429
3343
334510
334511
334513
334514
334515
334516
334517
334519
334613
33512
335211
335212
335221
335222
335224
335228
335311
335312
335313
335314
335911
335929
335931
335999
33611
33612
336211
336212
336213
336214
33636
336411
336412
336414
3365
336611
336612
336991
336999
33711
337121
337122
337124
337125
337127
337211
337212
337214
337215
33791
33792
339111
339112
339113
339114
33992
339942
339950
339992
339999
42
44,45
481
482
483
484
5112
5133
53121
54133
541511
541512
n.a.
Business Investment by Industry
November 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
T
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium, and vanadium ore mining........................................
Drilling oil and gas wells.......................................................................
Support activities for oil and gas operations........................................
Support activities for other mining.......................................................
New residential 1-unit structures, nonfarm construction....................
New residential 2-4 unit structures, nonfarm construction.................
New residential garden apartments construction................................
New high-rise apartments construction...............................................
New nonfarm residential additions and alterations.............................
New hotels and motels construction....................................................
New dormitory and other group housing construction........................
New warehouse construction..............................................................
New garages and service stations construction..................................
Other new nonfarm buildings construction..........................................
New religious facilities construction.....................................................
New hospital construction...................................................................
New residential institutional and other health facilities construction....
New amusement and recreation facilities construction.......................
New railroad facilities construction......................................................
New electric utility construction...........................................................
New gas utility facilities construction...................................................
New petroleum pipelines construction
New water supply facilities construction..............................................
New academic facilities construction
New libraries, museums, and cultural facilities construction...............
New commercial structures construction
New farm housing units and additions and alterations.......................
New farm service facilities construction
New dams and reservoir construction
Other new conservation and development construction......................
Other new nonbuilding construction
New highways, bridges, and other horizontal construction................
New industrial plants construction
New waste treatment plants construction............................................
New sewer facilities construction..
New telephone and telegraph construction.........................................
Residential maintenance and repair construction...............................
Farm residential maintenance and repair and major replacement.....
Railroad maintenance and repair construction....................................
New office building construction..........................................................
Nonwoven fabric mills...........................................................................
Carpet and rug mills........
Wood containers and pallets
Manufactured homes, mobile homes..................................................
Other basic inorganic chemicals.........................................................
Foam products................
Other rubber products.....
Hand and edge tools............................................................................
Saw blades and handsaws..................................................................
Plate work.............................................................................................
Sheet metal work..........................
Ornamental and architectural metal work...........................................
Power boilers and heat exchangers....................................................
Metal tanks, heavy gauge...........
Metal cans, boxes, and other containers.............................................
Hardware......................................
Metal valves..................................
Fabricated pipe and pipe fittings..
Miscellaneous fabricated metal products............................................
Farm machinery and equipment...
Lawn and garden equipment.......
Construction machinery..............
Mining machinery and equipment
Oil and gas field machinery and equipment........................................
Sawmill and woodworking machinery.................................................
Plastics and rubber industry machinery..............................................
Paper industry machinery...................................................................
Textile machinery..................................................................................
Printing machinery and equipment......................................................
Food product machinery......................................................................
Semiconductor machinery...................................................................
All other industrial machinery..............................................................
Automatic vending, commercial laundry and drycleaning machinery.
Office machinery..................................................................................
Optical instruments and lenses...........................................................
Photographic and photocopying equipment........................................
Other commercial and service machinery...........................................
Air purification equipment....................................................................
Industrial and commercial fans and blowers.......................................
A/C, refrigeration, and forced air heating equipment..........................
Industrial molds....................................................................................
Metal cutting machine tools.................................................................
Metal forming machine tools...............................................................
Special tools, dies, jigs, and fixtures....................................................
Rolling mill and other metalworking machinery...................................
Turbine and turbine generator set units...............................................
Other engine equipment...
Pumps and pumping equipment..........................................................
Air and gas compressors..
Measuring and dispensing pumps......................................................
Conveyors and conveying equipment..................................................
Overhead cranes, hoists, and monorail systems................................
Crop
production
Animal
production
Forestry and
logging
Fishing,
hunting and
trapping
Agriculture
and forestry
support
activities
Oil and gas
extraction
Coal
mining
Metal ores
mining
Nonmetallic
mineral
mining and
quarrying
1110
1120
1130
1140
1150
2110
2121
2122
2123
9,347
11,102
47
35
65
334
96
571
1
1
60
291
739
9
52
5
2,119
1,696
2
6
5
6
2,530
238
166
30
9
11
5
1
1
13
1
28
37
1
16
1
2
1
1
32
16
23
5
20
1
1
396
1
20
150
65
609
5
338
654
6
284
437
21
517
454
4
40
26
3
4
1
3
1
3
1
13
23
23
6
4
133
1
5
35
1
4
7
92
352
40
12
37
23
8
21
21
26
15
82
45
110
10
4
19
4
1
1
2
2
2
1
1
2
8
2
1
3
165
14
121
1
55
6
2
1
2
1
9,188
431
199
2,196
181
63
400
1
6
12
3
3
5
1
1
16
1
3
4 9
2
1
1
3
1
1
3
6
1
1
1
2
1
205
126
24
2
13
8
68
42
8
1
4
3
5
2
2
1
5
6
5
1
2
4
5
3
5
8
44
10
5
24
15
5mber 2003
Su r v e y
of
33
C u r r e n t B u s in e s s
Jsing Industries, 1-0 Commodities, 1997
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
~~93~
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Industrial trucks, trailers, and stackers.............................................
Power-driven handtools....................................................................
Welding and soldering equipment....................................................
Packaging machinery.......................................................................
Industrial process furnaces and ovens.............................................
Fluid power pumps and motors........................................................
Scales, balances, and miscellaneous general purpose machinery..
Electronic computers........................................................................
Computer storage devices................................................................
Computer terminals..........................................................................
Other computer peripheral equipment..............................................
Telephone apparatus.........................................................................
Broadcast and wireless communications equipment......................
Other communications equipment....................................................
Audio and video equipment
Electromedical apparatus
Search, detection, and navigation instruments................................
Industrial process variable instruments............................................
Totalizing fluid meters and counting devices....................................
Electricity and signal testing instruments.........................................
Analytical laboratory instruments.....................................................
Irradiation apparatus.............................
Other measuring and controlling devices
Magnetic and optical recording media...
Lighting fixtures.....................................
Electric housewares and household fans
Household vacuum cleaners................
Household cooking appliances.........................................................
Household refrigerators and home freezers.....................................
Household laundry equipment.........................................................
Other major household appliances...................................................
Electric power and specialty transformers........................................
Motors and generators.....................................................................
Switchgear and switchboard apparatus............................................
Relays and industrial controls..........................................................
Storage batteries..............................................................................
Other communication and energy wire.............................................
Current-carrying wiring devices........................................................
Miscellaneous electrical equipment.................................................
Automobiles and light trucks............................................................
Heavy duty trucks.............................................................................
Motor vehicle bodies........................................................................
Truck trailers.....................................................................................
Motor homes....................................................................................
Travel trailers and campers...............................................................
Motor vehicle seating and interior trim.............................................
Aircraft..............................................................................................
Aircraft engines and engine parts......................
Guided missiles and space vehicles..................
Railroad rolling stock...........................................
Ship building and repairing..................................
Boat building........................................................
Motorcycles, bicycles, and parts........................
All other transportation equipment.....................
Wood kitchen cabinets and countertops............
Upholstered household furniture........................
Nonupholstered wood household furniture.........
Metal household furniture....................................
Household furniture, except wood and metal.....
Institutional furniture............................................
Wood office furniture...........................................
Custom architectural woodwork and millwork....
Office furniture, except wood...............................
Showcases, partitions, shelving, and lockers.....
Mattresses...........................................................
Blinds and shades...............................................
Laboratory apparatus and furniture.....................
Surgical and medical instruments......................
Surgical appliances and supplies.......................
Dental equipment and supplies..........................
Sporting and athletic goods.................................
Lead pencils and art goods.................................
Sign manufacturing.............................................
Musical instruments............................................
All other miscellaneous manufactured products..
Wholesale trade..................................................
Retail trade..........................................................
Air transportation.................................................
Rail transportation...............................................
Water transportation............................................
Truck transportation.............................................
Software publishers.............................................
Telecommunications............................................
Offices of real estate agents and brokers...........
Engineering services...........................................
Custom computer programming services...........
Computer systems design services...................
Noncomparable imports......................................
Total newequipment, software, and structures.
Crop
production
Animal
production
Forestry and
logging
Fishing,
hunting and
trapping
Agriculture
and forestry
support
activities
Oil and gas
extraction
Coal
mining
Metal ores
mining
1110
1120
1130
1140
1150
2110
2121
2122
20
147
34
13
1
1
6
166
49
2
36
19
32
1
1
12
1
35
252
50
1
86
15
51
4
1
30
33
7
5,641
647
10
22
60
275
91
4
7
2
5,287
605
4
7
72
405
55
7
35
23
1
309
5
519
482
144
24
9
2,819
901
27
66
2
431
44
3
991
566
8
51
1
172
115
402
79
17
2
335
22
5
1
24,466
13,073
2
107
5
100
10
4
4
1
615
107
75
7
1
305
27
14
242
44
9
5
26
353
29
1
5
155
402
27
154
12
4
1
67
164
5
28,998
3,637
3,232
1
980
102
1,505
Nonmetallic
mineral
mining and
quarrying
Business Investment by Industry
November 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
r
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining.............................................
Drilling oil and gas wells..........................................................................
Support activities for oil and gas operations............................................
Support activities for other mining...........................................................
New residential 1-unit structures, nonfarm construction........................
New residential 2-4 unit nonfarm construction.......................................
New residential garden apartments construction....................................
New high-rise apartments construction...................................................
New nonfarm residential additions and alterations..................................
New hotels and motels construction........................................................
New dormitory and other group housing construction.............................
New warehouse construction..................................................................
New garages and service stations construction......................................
Other new nonfarm buildings construction..............................................
New religious facilities construction.........................................................
New hospital construction.......................................................................
New residential institutional and other health facilities...........................
New amusement and recreation facilities construction..........................
New railroad facilities construction..........................................................
New electric utility construction...
............
New gas utility facilities construction
............
New petroleum pipelines construction.....................................................
New water supply facilities construction..................................................
New academic facilities construction
............
New libraries, museums and cultural facilities construction...................
New commercial structures.....................................................................
New farm housing units and additions and alterations...........................
New farm service facilities construction..................................................
New dams and reservoir construction.....................................................
Other new conservation and development construction.........................
Other new nonbuilding construction........................................................
New highways, bridges and other horizontal construction.....................
New industrial plants construction...........................................................
New waste treatment plants construction................................................
New sewer facilities construction.
.............
New telephone and telegraph construction.............................................
Residential maintenance and repair consiruction...................................
Farm residential maintenance and repair and major replacement.........
Railroad maintenance and repair construction........................................
New office building construction..............................................................
Nonwoven fabric mills..............................................................................
Carpet and rug mills.......
Wood containers and pallets
Manufactured homes, mobile homes......................................................
Other basic inorganic chemicals
Foam products...............
Other rubber products....
Hand and edge tools......
Saw blades and handsaws
Plate work........................
Sheet metal work............
Ornamental and architectural metal work...............................................
Power boilers and heat exchangers........................................................
Metal tanks, heavy gauge.......................................................................
Metal cans, boxes, and other containers.................................................
Hardware........................
Metal valves....................
Fabricated pipe and pipe fittings
Miscellaneous fabricated metal products................................................
Farm machinery and equipment
Lawn and garden equipment
Construction machinery..
Mining machinery and equipment
Oil and gas field machinery and equipment............................................
Sawmill and woodworking machinery.....................................................
Plastics and rubber industry machinery
Paper industry machinery..........
Textile machinery........................
Printing machinery and equipment
Food product machinery.............
Semiconductor machinery..........
All other industrial machinery..................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery......................................................................................
Optical instruments and lenses...............................................................
Photographic and photocopying equipment............................................
Other commercial and service machinery...............................................
Air purification equipment........................................................................
Industrial and commercial fans and blowers...........................................
A/C, refrigeration, and forced air heating equipment..............................
Industrial molds........................................................................................
Metal cutting machine tools.....................................................................
Metal forming machine tools...................................................................
Special tools, dies, jigs, and fixtures........................................................
Rolling mill and other metalworking machinery.......................................
Turbine and turbine generator set units...................................................
Other engine equipment..........................................................................
Pumps and pumping equipment..............................................................
Air and gas compressors..........................................................................
Measuring and dispensing pumps..........................................................
Conveyors and conveying equipment......................................................
Overhead cranes, hoists, and monorail systems.....................................
Support
activities for
mining
Power
generation
and supply
Natural gas
distribution
Water,
sewage and
other
systems
New and
maintenance
and repair
construction
Food
manufactur
ing
Beverage
manufactur
ing
Tobacco
manufactur
ing
Textile
mills
2130
2211
2212
2213
2300
3110
3121
3122
3130
39
257
374
196
82
17,209
89
14
3
1
3
18
1
6,384
5
249
12
1,020
126
8
48
24
7
3
9
467
1,487
250
41
260
444
265
83
401
11
383
97
46
627
423
85
21
79
4
10
1
1
54
16
4
1
2
1
6
2
1
1
2,040
1
2
4
186
1
35
10
44
2
2
166
1
2
5
6
15
5
57
3
2
9
32
243
38
57
17
8
■i
16
68
1
8
51
18
752
245
433
15
1
2
20
95
4
9
36
198
121
2
45
7,805
65
87
225
1
65
1
4
14
89
74
17
16
3
2
4
10
7
8
2
2
2
9
26
2
10
3
10
1
2
8
13
1,485
2
258
1
51
71
477
4
13
10
5
2
5
4
25
2
16
39
9
96
94
120
135
24
44
14
24
8
9
2
2
9
5
1
1
1
1
3
2
5
1
1
1
58
17
218
183
73
53
61
1
35
15
1
163
1
88
232
619
148
107
389
1
4
1,383
35
169
60
13
26
188
414
4
32
14
3
7
22
3
26
63
13
3
6
1,539
5
109
103
7
22
12
39
61
6
34
125
11
237
6
3
8
8
2
9
6
5
15
3
2
1
6
2
1
7
3
6
7
32
14
56
2
1
3
23
292
51
38
486
50
7
72
13
10
91
8
2
21
3
2
14
2
4
29
14
9
37
11
2003
Su r v e y
of
35
C u r r e n t B u s in e s s
Industries, 1-0 Commodities, 1997— Continued
of dol
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
— 93"
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
Industrial trucks, trailers, and stackers....................................................
Power-driven handtools...........................................................................
Welding and soldering equipment...........................................................
Packaging machinery..............................................................................
Industrial process furnaces and ovens....................................................
Fluid power pumps and motors...............................................................
Scales, balances, and miscellaneous general purpose machinery........
Electronic computers...............................................................................
Computer storage devices.......................................................................
Computer terminals.................................................................................
Other computer peripheral equipment.....................................................
Telephone apparatus...............................................................................
Broadcast and wireless communications equipment..............................
Other communications equipment...........................................................
Audio and video equipment.....................................................................
Electromedical apparatus........................................................................
Search, detection, and navigation instruments.......................................
Industrial process variable instruments...................................................
Totalizing fluid meters and counting devices...........................................
Electricity and signal testing instruments................................................
Analytical laboratory instruments............................................................
Irradiation apparatus...............................................................................
Other measuring and controlling devices................................................
Magnetic and optical recording media.....................................................
Lighting fixtures.......................................................................................
Electric housewares and household fans................................................
Household vacuum cleaners...................................................................
Household cooking appliances................................................................
Household refrigerators and home freezers............................................
Household laundry equipment................................................................
Other major household appliances..........................................................
Electric power and specialty transformers...............................................
Motors and generators............................................................................
Switchgear and switchboard apparatus...................................................
Relays and industrial controls.................................................................
Storage batteries.......................
Other communication and energy wire
Current-carrying wiring Devices.
Miscellaneous electrical equipment
Automobiles and light trucks.....
Heavy duty trucks......................
Motor vehicle bodies...............................................................................
Truck trailers..................
Motor homes.................
Travel trailers and campers
Motor vehicle seating and interior trim....................................................
Aircraft............................
Aircraft engines and engine parts
Guided missiles and space vehicles.......................................................
Railroad rolling stock...............................................................................
Ship building and repairing......................................................................
Boat building.............................................................................................
Motorcycles, bicycles, and parts.............................................................
All other transportation equipment..........................................................
Wood kitchen cabinets and countertops.................................................
Upholstered household furniture.............................................................
Nonupholstered wood household furniture..............................................
Metal household furniture........................................................................
Household furniture, except wood and metal..........................................
Institutional furniture................................................................................
Wood office furniture
Custom architectural woodwork and millwork.........................................
Office furniture, except wood
Showcases, partitions, shelving, and lockers..........................................
Mattresses.........
Blinds and shades
Laboratory apparatus and furniture.........................................................
Surgical and medical instruments...........................................................
Surgical appliances and supplies............................................................
Dental equipment and supplies...............................................................
Sporting and athletic goods
Lead pencils and art goods.....................................................................
Sign manufacturing
Musical instruments
All other miscellaneous manufactured products......................................
Wholesale trade.
Retail trade........
Air transportation
Rail transportation
Water transportation
Truck transportation
Software publishers
Telecommunications.................................................................................
Offices of real estate agents and brokers................................................
Engineering services...............................................................................
Custom computer programming services................................................
Computer systems design services........................................................
Noncomparable imports..........................................................................
Industry code
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Total newequipment, software, and structures......................
Support
activities for
mining
Power
generation
and supply
Natural gas
distribution
Water,
sewage and
other
systems
New and
maintenance
and repair
construction
Food
manufactur
ing
Beverage
manufactur
ing
Tobacco
manufactur
ing
Textile
mills
2130
2211
2212
2213
2300
3110
3121
3122
3130
99
31
29
12
47
25
6
9
5
177
2
1
80
5
19
132
27
2
43
9
28
2
2
6
33
28
820
218
4
182
27
116
6
3
3
156
46
1
31
7
31
1
1
10
38
6
280
4
33
107
2
263
25
4,271
111
24
250
1
5
16
3
13
1
167
30
348
21
18
44
8
1
6
5
3
161
723
334
6
15
52
657
266
18
324
933
656
34
37
52
23
49
100
4
252
3
29
2
1
11
1
2
12
4
20
6
5
38
2
1
19
39
10
3
18
6
4
1
1
220
39
44
819
107
11
168
345
89
8
134
42
48
6
7
68
6
11
185
8
2
16
78
19
2
33
12
20
2
2
229
56
31
31
11
50
28
5
5
7
16
3
6
34
31
3
20
16
9
4
9
2
4
2
5
9
8
4
5
52
14
21
5
5
2
1
1
1
14
13
70
13
365
40
18
55
2,215
349
756
88
4
1
24
179
3,680
207
3
9
12
4
30
1
7
241
12
1
5
3
1
12
1
1
5
131
128
9
17
1
8
154
23
150
6
3
2
213
23,363
2,292
124
549
7
27
46
42
21
2
2
8
7
7
7
186
511
62
65
113
28
112
11
31
58
11
3
2
11
2
2
43
2
2
5
58
6
3
3
4
4
1
4
2
7
1
3
2
3
2
9
15
9
4
3
2
2
180
35
7
177
141
54
29
1
61
133
11
6
2
3
7
4
13
19
9
5
8
8
4
2
5
1
7
12
6
3
1
20
9
62
22
1
58
24
14
6
5
1
9
1
40
5
1
8
49
8
12
4
26
2
4
5
5
4
19
5
1
90
38
14
2
2
1
247
23
3
5
3
276
42
10
3
69
17
1
3
221
27
12
14
369
11
19
65
4,514
2,096
170
253
4
823
2,092
24
1,092
250
51
15
55
203
5
1,569
448
102
41
2
240
1,427
1
251
67
16
2
95
180
16
33
1
45
14
30
192
317
14
5
689
1,237
43
15
61
183
9
2
57
104
3
1
989
1,258
172
31
419
781
41
13
85
150
10
2
24
150
5
2
95
121
4
3
5,785
42,666
9,455
4,117
57,515
12,378
2,758
868
3,127
13
12
8
2
5
4
608
91
63
10
1
Business Investment by Industry
November 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
T
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining.............................................
Drilling oil and gas wells...........................................................................
Support activities for oil and gas operations............................................
Support activities for other mining...........................................................
New residential 1-unit structures, nonfarm construction.........................
New residential 2-4 unit nonfarm construction.......................................
New residential garden apartments construction....................................
New high-rise apartments construction...................................................
New nonfarm residential additions and alterations..................................
New hotels and motels construction........................................................
New dormitory and other group housing construction.............................
New warehouse construction..................................................................
New garages and service stations construction......................................
Other new nonfarm buildings construction..............................................
New religious facilities construction.........................................................
New hospital construction.......................................................................
New residential institutional and other health facilities............................
New amusement and recreation facilities construction...........................
New railroad facilities construction..........................................................
New electric utility construction..
New gas utility facilities construction
New petroleum pipelines construction
New water supply facilities construction
New academic facilities construction
New libraries, museums and cultural facilities construction...................
New commercial structures......................................................................
New farm housing units and additions and alterations............................
New farm service facilities construction..................................................
New dams and reservoir construction.....................................................
Other new conservation and development construction..........................
Other new nonbuilding construction........................................................
New highways, bridges and other horizontal construction.....................
New industrial plants construction...........................................................
New waste treatment plants construction................................................
New sewer facilities construction.............................................................
New telephone and telegraph construction.............................................
Residential maintenance and repair construction...................................
Farm residential maintenance and repair and major replacement.........
Railroad maintenance and repair construction........................................
New office building construction..............................................................
Nonwoven fabric mills...............................................................................
Carpet and rug mills.................................................................................
Wood containers and pallets
Manufactured homes, mobile homes......................................................
Other basic inorganic chemicals.............................................................
Foam products...
Other rubber products
Hand and edge tools
Saw blades and handsaws
Plate work.................................................................................................
Sheet metal work......................................................................................
Ornamental and architectural metal work...............................................
Power boilers and heat exchangers
Metal tanks, heavy gauge.........
Metal cans, boxes, and other containers.................................................
Hardware....................................
Metal valves................................
Fabricated pipe and pipe fittings
Miscellaneous fabricated metal products................................................
Farm machinery and equipment.
Lawn and garden equipment.....
Construction machinery............
Mining machinery and equipment
Oil and gas field machinery and equipment............................................
Sawmill and woodworking machinery
Plastics and rubber industry machinery
Paper industry machinery.........
Textile machinery.......................
Printing machinery and equipment
Food product machinery............
Semiconductor machinery.........
All other industrial machinery..................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery......................................................................................
Optical instruments and lenses...............................................................
Photographic and photocopying equipment............................................
Other commercial and sen/ice machinery...............................................
Air purification equipment........................................................................
Industrial and commercial fans and blowers...........................................
A/C, refrigeration, and forced air heating equipment...............................
Industrial molds........................................................................................
Metal cutting machine tools.....................................................................
Metal forming machine tools.....
Special tools, dies, jigs, and fixtures
Rolling mill and other metalworking machinery.......................................
Turbine and turbine generator set units...................................................
Other engine equipment............
Pumps and pumping equipment
Air and gas compressors...........
Measuring and dispensing pumps..........................................................
Conveyors and conveying equipment......................................................
Overhead cranes, hoists, and monorail systems.....................................
Industry code
Textile
product
mills
Apparel
manufactur
ing
Leather and
allied
product
manufactur
ing
Wood
product
manufactur
ing
Pulp, paper,
and paper
board mills
Converted
paper
product
manufactur
ing
Printing and
related
support
activities
Petroleum
and coal
products
manufactur
ing
Basic
chemical
manufactur
ing
3140
3150
3160
3210
3221
3222
3230
3240
3251
9
8
26
1
17
15
27
19
71
1
1
1
1
3
11
7
7
12
3
2
5
5
15
83
149
2
346
325
255
519
370
1,514
18
53
16
138
78
63
135
107
493
1
2
1
2
2
5
11
2
5
1
1
4
4
5
56
65
2
53
55
5
50
27
2
77
24
2
2
33
94
1
2
7
9
67
18
8
1
1
8
5
9
4
2
2
22
16
1
18
41
2
15
40
1
5
4
2
52
7
2
35
1
3
4
1
2
3
1
1
14
1
3
1
30
45
16
18
1
1
13
1
1
22
19
1
2
9
34
1,960
528
39
74
122
1,417
10
27
2
2
842
934
2
14
12
10
25
9
7
32
84
10
36
4
3
18
5
2
8
6
69
2
18
35
37
16
82
8
2
16
15
3
12
13
2
23
3
5
12
25
6
27
4
49
25
8
38
5
29
3
42
3
22
39
10
76
39
14
98
31
3
6
42
38
12
152
8
45
19
151
70
10
39
35
9
14
152
83
13
49
35
786
60
72
9
59
5
7
232
2
333
4
1
42
43
21
1
2
4
1
2
3
16
7
2
1
9
5
3
1
1
10
1
3
1
1
2
3
2
7
4
5
9
5
10
4
6
13
2
9
4
4
15
3
2
11
5
3
21
5
3
2
1
9
1
1
11
48
16
10
127
15
2
1
4
12
15
4
108
7
2
2003
Su r v e y
of
37
C u r r e n t B u s in e s s
Industries, 1-0 Commodities, 1997— Continued
of doll
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Industrial trucks, trailers, and stackers....................................................
Power-driven handtools...........................................................................
Welding and soldering equipment...........................................................
Packaging machinery..............................................................................
Industrial process furnaces and ovens....................................................
Fluid power pumps and motors...............................................................
Scales, balances, and miscellaneous general purpose machinery........
Electronic computers...............................................................................
Computer storage devices.......................................................................
Computer terminals.................................................................................
Other computer peripheral equipment.....................................................
Telephone apparatus...............................................................................
Broadcast and wireless communications equipment..............................
Other communications equipment...........................................................
Audio and video equipment.....................................................................
Electromedical apparatus........................................................................
Search, detection, and navigation instruments.......................................
Industrial process variable instruments...................................................
Totalizing fluid meters and counting devices...........................................
Electricity and signal testing instruments................................................
Analytical laboratory instruments............................................................
Irradiation apparatus...............................................................................
Other measuring and controlling devices................................................
Magnetic and optical recording media.....................................................
Lighting fixtures.......................................................................................
Electric housewares and household fans................................................
Household vacuum cleaners...................................................................
Household cooking appliances................................................................
Household refrigerators and home freezers............................................
Household laundry equipment................................................................
Other major household appliances..........................................................
Electric power and specialty transformers...............................................
Motors and generators............................................................................
Switchgear and switchboard apparatus...................................................
Relays and industrial controls.................................................................
Storage batteries......................................................................................
Other communication and energy wire....................................................
Current-carrying wiring Devices..............................................................
Miscellaneous electrical equipment........................................................
Automobiles and light trucks...................................................................
Heavy duty trucks.....................................................................................
Motor vehicle bodies...............................................................................
Truck trailers.............................................................................................
Motor homes............................................................................................
Travel trailers and campers......................................................................
Motor vehicle seating and interior trim....................................................
Aircraft......................................................................................................
Aircraft engines and engine parts...........................................................
Guided missiles and space vehicles.......................................................
Railroad rolling stock...............................................................................
Ship building and repairing......................................................................
Boat building.............................................................................................
Motorcycles, bicycles, and parts.............................................................
All other transportation equipment..........................................................
Wood kitchen cabinets and countertops.................................................
Upholstered household furniture.............................................................
Nonupholstered wood household furniture..............................................
Metal household furniture........................................................................
Household furniture, except wood and metal..........................................
Institutional furniture................................................................................
Wood office furniture...............................................................................
Custom architectural woodwork and millwork.........................................
Office furniture, except wood...................................................................
Showcases, partitions, shelving, and lockers..........................................
Mattresses................................................................................................
Blinds and shades....................................................................................
Laboratory apparatus and furniture.........................................................
Surgical and medical instruments...........................................................
Surgical appliances and supplies............................................................
Dental equipment and supplies...............................................................
Sporting and athletic goods.....................................................................
Lead pencils and art goods.....................................................................
Sign manufacturing.................................................................................
Musical instruments................................................................................
All other miscellaneous manufactured products......................................
Wholesale trade.......................................................................................
Retail trade...............................................................................................
Air transportation......................................................................................
Rail transportation...................................................................................
Water transportation................................................................................
Truck transportation.................................................................................
Software publishers.................................................................................
Telecommunications................................................................................
Offices of real estate agents and brokers................................................
Engineering services...............................................................................
Custom computer programming services................................................
Computer systems design services........................................................
Noncomparable imports..........................................................................
Industry code
Total newequipment, software, and structures......................
Textile
product
mills
3140
Apparel
manufactur
ing
Leather and
allied
product
manufactur
ing
Wood
product
manufactur
ing
Pulp, paper,
and paper
board mills
Converted
paper
product
manufactur
ing
Printing and
related
support
activities
Petroleum
and coal
products
manufactur
ing
Basic
chemical
manufactur
ing
3150
3160
3210
3221
3222
3230
3240
3251
5
2
5
11
8
2
3
45
2
1
3
6
7
28
6
2
14
5
4
8
39
11
2
18
5
4
1
1
3
6
3
1
3
1
1
13
2
6
4
16
1
9
5
3
5
88
8
14
141
31
4
6
221
3
37
102
30
3
42
13
14
2
2
72
245
81
6
131
29
23
4
5
131
23
11
7
2
20
57
13
6
3
66
8
14
1
13
15
1
1
83
16
28
58
7
2
31
66
17
2
26
7
11
1
2
130
23
11
182
19
2
278
128
24
3
47
8
13
2
2
5
2
8
5
48
11
5
5
2
11
1
38
8
16
25
555
1
214
175
24
2
76
10
26
2
2
145
14
15
66
142
2
897
474
119
3
251
19
27
3
3
239
43
11
47
3
20
405
73
22
153
4
42
1
2
4
4
2
1
5
4
9
1
1
1
2
3
8
9
18
9
59
16
66
19
12
4
6
13
13
10
3
12
12
22
4
1
29
25
47
10
3
9
24
34
10
3
1
52
4
2
2
2
59
4
1
1
10
4
10
119
13
10
30
116
100
9
5
6
7
131
5
7
10
11
256
34
10
18
25
111
19
8
14
239
179
17
6
9
1
2
1
5
3
1
1
1
1
6
1
7
2
3
44
77
13
1
19
2
1
6
3
6
2
47
2
23
6
8
8
1
19
21
14
24
1
53
42
7
8
17
14
1
38
17
1
2
1
1
1
4
3
6
8
3
5
1
9
10
2
2
10
5
1
11
20
2
1
1
5
10
1
2
1
2
1
1
15
10
18
7
12
40
2
2
1
2
1
5
5
6
19
4
7
2
64
14
2
2
80
18
2
1
14
3
5
320
73
3
2
5
538
115
65
3
5
282
62
22
2
12
698
119
33
3
3
462
53
21
4
3
867
163
40
7
3
19
4
30
17
43
45
66
18
58
31
177
25
65
40
482
28
72
4
1
57
66
6
2
8
11
1
74
111
8
3
216
397
15
6
223
239
12
4
221
265
32
6
198
577
18
9
282
1,027
34
14
918
1,275
220
3,178
6,349
3,362
5,764
5,496
10,605
6
Business Investment by Industry
November 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
T
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining.............................................
Drilling oil and gas wells...........................................................................
Support activities for oil and gas operations............................................
Support activities for other mining...........................................................
New residential 1-unit structures, nonfarm construction........................
New residential 2-4 unit nonfarm construction.......................................
New residential garden apartments construction....................................
New high-rise apartments construction...................................................
New nonfarm residential additions and alterations..................................
New hotels and motels construction........................................................
New dormitory and other group housing construction.............................
New warehouse construction..................................................................
New garages and service stations construction......................................
Other new nonfarm buildings construction..............................................
New religious facilities construction........
New hospital construction......................
New residential institutional and other health facilities...........................
New amusement and recreation facilities construction..........................
New railroad facilities construction..........................................................
New electric utility construction...............................................................
New gas utility facilities construction.......................................................
New petroleum pipelines construction.....................................................
New water supply facilities construction..................................................
New academic facilities construction.......................................................
New libraries, museums and cultural facilities construction...................
New commercial structures.....................................................................
New farm housing units and additions and alterations...........................
New farm service facilities construction..................................................
New dams and reservoir construction.....................................................
Other new conservation and development construction.........................
Other new nonbuilding construction........................................................
New highways, bridges and other horizontal construction.....................
New industrial plants construction...........................................................
New waste treatment plants construction................................................
New sewer facilities construction.............................................................
New telephone and telegraph construction.............................................
Residential maintenance and repair construction...................................
Farm residential maintenance and repair and major replacement.........
Railroad maintenance and repair construction........................................
New office building construction..............................................................
Nonwoven fabric mills...............................................................................
Carpet and rug mills.................................................................................
Wood containers and pallets...................................................................
Manufactured homes, mobile homes......................................................
Other basic inorganic chemicals.............................................................
Foam products................
Other rubber products.....
Hand and edge tools.......
Saw blades and handsaws
Plate work.........................
Sheet metal work......................................................................................
Ornamental and architectural metal work...............................................
Power boilers and heat exchangers........................................................
Metal tanks, heavy gauge........................................................................
Metal cans, boxes, and other containers.................................................
Hardware......................................
Metal valves..................................
Fabricated pipe and pipe fittings..
Miscellaneous fabricated metal products................................................
Farm machinery and equipment...
Lawn and garden equipment.......
Construction machinery..............
Mining machinery and equipment
Oil and gas field machinery and equipment............................................
Sawmill and woodworking machinery.....................................................
Plastics and rubber industry machinery..................................................
Paper industry machinery.......................................................................
Textile machinery......................................................................................
Printing machinery and equipment..........................................................
Food product machinery..............
Semiconductor machinery.......................................................................
All other industrial machinery..................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery......................................................................................
Optical instruments and lenses...............................................................
Photographic and photocopying equipment............................................
Other commercial and service machinery...............................................
Air purification equipment........................................................................
Industrial and commercial fans and blowers...........................................
A/C, refrigeration, and forced air heating equipment..............................
Industrial molds........................................................................................
Metal cutting machine tools.....................................................................
Metal forming machine tools...................................................................
Special tools, dies, jigs, and fixtures........................................................
Rolling mill and other metalworking machinery.......................................
Turbine and turbine generator set units...................................................
Other engine equipment..........................................................................
Pumps and pumping equipment..............................................................
Air and gas compressors..........................................................................
Measuring and dispensing pumps..........................................................
Conveyors and conveying equipment......................................................
Overhead cranes, hoists, and monorail systems.....................................
Industry code
Resin,
rubber, and
artificial
fibers
manufactur
ing
Agricultural
chemical
manufactur
ing
Pharma
ceutical and
medicine
manufactur
ing
Paint, coat
ing, and
adhesive
manufactur
ing
Soap,
cleaning
compound,
and toiletry
manufactur
ing
Other
chemical
product and
preparation
manufactur
ing
Plastics and
rubber
products
manufactur
ing
Nonmetallic
mineral
product
manufactur
ing
Iron and
steel mills
and manu
facturing
from
purchased
steel
3252
3253
3254
3255
3256
3259
3260
3270
331A
13
3
1
52
5
9
2
18
41
24
12
1
2
1
1
4
4
10
5
4
7
8
14
5
260
66
1,125
79
167
160
789
437
206
86
36
348
44
62
63
216
149
56
4
1
5
1
4
2
4
5
1
1
1
10
1
1
1
4
4
1
3
1
1
17
26
1
1
19
1
1
1
17
25
32
32
4
18
11
28
14
2
1
1
38
38
2
25
21
13
23
4
3
4
1
7
12
1
5
11
2
56
17
24
12
47
6
1
1
14
34
10
1
15
1
26
2
28
65
2
10
20
1
3
4
10
14
14
13
2
2
25
111
9
108
2,455
3
19
2
457
129
87
65
139
244
3
672
3
4
24
19
8
9
5
21
3
72
2
7
2
9
5
4
8
2
3
3
92
25
6
9
5
34
2
7
3
1
2
1
3
2
15
10
2
9
2
11
6
2
6
50
1
6
14
2
7
3
12
10
2
4
3
7
4
22
1
4
4
2
14
5
7
10
9
2,373
5
66
140
4
3
15
12
13
12
7
308
56
13
29
9
10
92
57
9
42
25
5
6
55
28
3
15
14
4
4
53
35
7
71
13
2
1
9
4
2
23
1
3
3
24
11
4
74
5
3
2
20
20
2
27
4
9
50
21
3
73
12
15
91
33
18
193
27
2
3
7
2
9
4
3
45
123
63
223
776
7
12
48
14
13
63
30
2003
Su r v e y
of
39
C u r r e n t B u s in e s s
Industries, 1-0 Commodities, 1997— Continued
For the distribution of capital to using industries, read the
row for that commodity or category.
Resin,
rubber, and
artificial
fibers
manufactur
ing
Agricultural
chemical
manufactur
ing
Pharma
ceutical and
medicine
manufactur
ing
Paint, coat
ing, and
adhesive
manufactur
ing
Soap,
cleaning
compound,
and toiletry
manufactur
ing
Other
chemical
product and
preparation
manufactur
ing
Plastics and
rubber
products
manufactur
ing
Nonmetallic
mineral
product
manufactur
ing
Iron and
steel mills
and manu
facturing
from
purchased
steel
3252
3253
3254
3255
3256
3259
3260
3270
331A
Line
For the composition of capital used by an industry, read the
column for that industry.
~93”
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Industrial trucks, trailers, and stackers....................................................
Power-driven handtools...........................................................................
Welding and soldering equipment...........................................................
Packaging machinery..............................................................................
Industrial process furnaces and ovens....................................................
Fluid power pumps and motors...............................................................
Scales, balances, and miscellaneous general purpose machinery........
Electronic computers...............................................................................
Computer storage devices.......................................................................
Computer terminals.................................................................................
Other computer peripheral equipment.....................................................
Telephone apparatus...............................................................................
Broadcast and wireless communications equipment.............................
Other communications equipment...........................................................
Audio and video equipment.....................................................................
Electromedical apparatus........................................................................
Search, detection, and navigation instruments.......................................
Industrial process variable instruments...................................................
Totalizing fluid meters and counting devices...........................................
Electricity and signal testing instruments
Analytical laboratory instruments........
Irradiation apparatus...........................
Other measuring and controlling devices
Magnetic and optical recording media..
Lighting fixtures....................................
Electric housewares and household fans................................................
Household vacuum cleaners...................................................................
Household cooking appliances................................................................
Household refrigerators and home freezers............................................
Household laundry equipment................................................................
Other major household appliances..........................................................
Electric power and specialty transformers...............................................
Motors and generators............................................................................
Switchgear and switchboard apparatus...................................................
Relays and industrial controls.................................................................
Storage batteries.....................
Other communication and energy wire
Current-carrying wiring Devices
Miscellaneous electrical equipment
Automobiles and light trucks....
Heavy duty trucks....................
Motor vehicle bodies...............
Truck trailers.............................................................................................
Motor homes...........................
Travel trailers and campers......
Motor vehicle seating and interior trim
Aircraft......................................
Aircraft engines and engine parts
Guided missiles and space vehicles
Railroad rolling stock...............
Ship building and repairing......................................................................
Boat building.............................
Motorcycles, bicycles, and parts
All other transportation equipment
Wood kitchen cabinets and countertops.................................................
Upholstered household furniture
Nonupholstered wood household furniture..............................................
Metal household furniture........
Household furniture, except wood and metal..........................................
Institutional furniture................................................................................
Wood office furniture
Custom architectural woodwork and millwork.........................................
Office furniture, except wood...................................................................
Showcases, partitions, shelving, and lockers..........................................
Mattresses........
Blinds and shades
Laboratory apparatus and furniture.........................................................
Surgical and medical instruments...........................................................
Surgical appliances and supplies............................................................
Dental equipment and supplies...............................................................
Sporting and athletic goods
Lead pencils and art goods
Sign manufacturing
Musical instruments
All other miscellaneous manufactured products......................................
Wholesale trade
Retail trade.......
Air transportation
Rail transportation
Water transportation
Truck transportation
Software publishers
Telecommunications
Offices of real estate agents and brokers................................................
Engineering services
Custom computer programming services................................................
Computer systems design services........................................................
Noncomparable imports..........................................................................
26
12
11
51
128
1
58
225
37
2
90
13
23
2
2
11
4
5
12
24
251
48
15
112
2
24
98
18
20
27
2
8
Total new equipment, software, and structures.............................
Industry code
24
74
10
31
4
4
14
6
8
130
62
2
28
321
48
3
97
17
28
4
1
10
1
2
16
15
1
4
44
8
1
15
4
4
1
1
31
2
13
56
18
1
13
94
18
1
34
8
11
1
1
8
4
8
34
35
1
14
113
17
1
40
6
10
1
1
64
12
14
72
34
4
61
109
27
5
46
11
12
3
3
123
23
40
89
361
4
50
133
36
3
62
17
37
2
3
122
13
23
25
198
1
35
72
16
1
24
6
9
1
1
211
39
4
251
3
41
26
5
1
24
53
9
4
43
109
22
13
69
1
9
158
9
12
77
1
21
105
15
16
79
3
27
72
6
25
36
1
12
4
1
9
19
25
8
2
5
8
15
2
2
5
28
16
6
1
16
122
11
2
2
7
46
6
3
6
52
140
6
3
6
7
1
1
1
2
4
2
1
4
4
8
4
3
3
5
7
3
1
3
10
13
16
6
3
14
20
30
11
6
10
14
81
4
1
33
1
1
1
3
95
3
3
5
5
67
4
2
3
9
175
8
4
5
12
199
25
68
80
29
81
8
3
4
1
1
1
56
15
27
3
11
10
3
3
3
28
21
8
1
2
2
1
5
1
1
1
9
1
2
13
10
5
2
2
2
3
6
3
4
6
5
6
5
14
14
13
8
11
9
1
19
25
17
11
1
25
33
11
4
27
14
10
15
1
34
15
29
2
5
7
1
42
8
1
5
8
14
1
10
1
12
1
1
9
9
5
5
2
5
2
5
2
5
6
2
5
373
95
14
1
2
132
34
1
3
349
90
10
1
1
62
17
1
3
142
40
3
1
2
162
44
1
1
6
701
63
42
4
7
475
88
15
9
3
315
39
14
4
19
97
4
20
6
215
20
5
49
2
51
49
82
26
95
29
60
131
750
25
7
47
218
8
4
97
767
30
9
19
106
4
1
40
210
9
3
56
224
11
3
317
299
13
5
191
347
15
5
105
246
6
3
4,538
1,541
5,529
803
1,761
1,931
9,133
5,479
3,704
Business Investment by Industry
N ovem ber 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
r
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
88
87
89
90
91
92
Uranium, radium and vanadium ore mining................................................
Drilling oil and gas wells................................................................................
Support activities for oil and gas operations...............................................
Support activities for other mining...............................................................
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction..........................................
New residential garden apartments construction......................................
New high-rise apartments construction.......................................................
New nonfarm residential additions and alterations....................................
New hotels and motels construction............................................................
New dormitory and other group housing construction...............................
New warehouse construction.......................................................................
New garages and service stations construction........................................
Other new nonfarm buildings construction.................................................
New religious facilities construction..............................................................
New hospital construction.............................................................................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction.............................
New railroad facilities construction..............................................................
New electric utility construction....................................................................
New gas utility facilities construction...........................................................
New petroleum pipelines construction.........................................................
New water supply facilities construction......................................................
New academic facilities construction...........................................................
New libraries, museums and cultural facilities construction.....................
New commercial structures...........................................................................
New farm housing units and additions and alterations..............................
New farm service facilities construction......................................................
New dams and reservoir construction.........................................................
Other new conservation and development construction...........................
Other new nonbuilding construction............................................................
New highways, bridges and other horizontal construction.......................
New industrial plants construction................................................................
New waste treatment plants construction....................................................
New sewer facilities construction..................................................................
New telephone and telegraph construction................................................
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction
Nonwoven fabric mills........
Carpet and rug mills..........
Wood containers and pallets
Manufactured homes, mobile homes..........................................................
Other basic inorganic chemicals..................................................................
Foam products...................
Other rubber products...................................................................................
Hand and edge tools......................................................................................
Saw blades and handsaws............................................................................
Plate work...............
Sheet metal work...
Ornamental and architectural metal work..................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge.............................................................................
Metal cans, boxes, and other containers.....................................................
Hardware.........................................................................................................
Metal valves.....................................................................................................
Fabricated pipe and pipe fittings..................................................................
Miscellaneous fabricated metal products....................................................
Farm machinery and equipment
Lawn and garden equipment........................................................................
Construction machinery....
Mining machinery and equipment
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery.
Textile machinery................
Printing machinery and equipment..............................................................
Food product machinery....
Semiconductor machinery.
All other industrial machinery.......................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment..............
Industrial and commercial fans and blowers
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds...............................
Metal cutting machine tools...........
Metal forming machine tools.........
Special tools, dies, jigs, and fixtures
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units
Other engine equipment................
Pumps and pumping equipment....
Air and gas compressors...............
Measuring and dispensing pumps
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems.......................................
Nonferrous
metal
production
and process
ing
331B
15
Foundries
Forging and
stamping
Cutlery and
handtool
manufactur
ing
3315
3321
3322
7
6
Architectural Boiler, tank,
and shipping
and
container
structural
metals manu manufactur
facturing
ing
3324
3323
2
1
11
3
Ordnance
and
accessories
manufactur
ing
Other
fabricated
metal
product
manufactur
ing
Agriculture,
construction,
and mining
machinery
332A
332B
3331
1
1
37
9
1
1
7
5
5
3
5
3
1
17
4
230
133
106
26
170
48
12
516
171
49
46
39
15
57
22
7
171
61
1
1
1
1
2
1
6
2
1
1
1
1
1
4
1
1
1
1
13
14
2
3
1
2
9
5
3
4
3
5
9
4
17
27
7
6
2
7
6
27
4
7
1
12
1
1
13
27
1
1
2
3
2
6
3
4
1
1
6
1
2
15
5
2
1
2
12
5
7
1
1
34
36
3
6
2
2
1
25
1
160
3
2
1
1
1
4
4
3
6
2
6
4
3
43
98
71
182
48
5
10
40
16
8
42
12
2
1
4
4
3
82
65
89
24
54
3
3
1
4
5
14
5
22
6
2
6
141
89
136
34
2
8
12
9
3
2
3
2
1
3
1
2
1
1
2
1
8
2
2
1
2
2
2
1
34
37
23
46
1
2
1
30
58
31
84
20
3
4
4
1
22
16
4
1
3
5
3
64
94
61
90
77
9
19
16
3
19
7
21
4
14
5
3
23
5
4
17
31
2
7
15
6
1
1
8
10
9
3
14
14
239
750
371
1,087
174
1
22
1
32
46
1
81
14
10
7
1
3
4
3
27
102
54
239
71
5
15
14
3
45
5
2003
Su r v e y
of
C u r r e n t B u s in e s s
41
Industries, l-O Commodities, 1997— Continued
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
~93
Industrial trucks, trailers, and stackers........................................................
Power-driven handtools.................................................................................
Welding and soldering equipment...............................................................
Packaging machinery....................................................................................
Industrial process furnaces and ovens........................................................
Fluid power pumps and motors....................................................................
Scales, balances, and miscellaneous general purpose machinery.........
Electronic computers.....................................................................................
Computer storage devices.............................................................................
Computer terminals.......................................................................................
Other computer peripheral equipment.........................................................
Telephone apparatus.....................................................................................
Broadcast and wireless communications equipment................................
Other communications equipment...............................................................
Audio and video equipment..........................................................................
Electromedical apparatus..............................................................................
Search, detection, and navigation instruments..........................................
Industrial process variable instruments.......................................................
Totalizing fluid meters and counting devices..............................................
Electricity and signal testing instruments....................................................
Analytical laboratory instruments................................................................
Irradiation apparatus.....................................................................................
Other measuring and controlling devices....................................................
Magnetic and optical recording media.........................................................
Industry code
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Electric housewares and household fans...................................................
Household vacuum cleaners........................................................................
Household cooking appliances.....................................................................
Household refrigerators and home freezers...............................................
Household laundry equipment.....................................................................
Other major household appliances..............................................................
Electric power and specialty transformers..................................................
Motors and generators...............
Switchgear and switchboard apparatus
Relays and industrial controls....
Storage batteries.........................
Other communication and energy wire
Current-carrying wiring Devices.
Miscellaneous electrical equipment............................................................
Automobiles and light trucks........................................................................
Heavy duty trucks...........
Motor vehicle bodies......
Truck trailers....................
Motor homes..................
Travel trailers and campers
Motor vehicle seating and interior trim ........................................................
Aircraft.............................................................................................................
Aircraft engines and engine parts
Guided missiles and space vehicles
Railroad rolling stock..................
Ship building and repairing........
Boat building................................
Motorcycles, bicycles, and parts
All other transportation equipment..............................................................
Wood kitchen cabinets and countertops.....................................................
Upholstered household furniture..................................................................
Nonupholstered wood household furniture
Metal household furniture...........
Household furniture, except wood and metal.............................................
Institutional furniture...................
Wood office furniture..................
Custom architectural woodwork and millwork............................................
Office furniture, except wood.....
Showcases, partitions, shelving, and lockers.............................................
Blinds and shades......................
Laboratory apparatus and furniture
Surgical and medical instruments
Surgical appliances and supplies
Dental equipment and supplies.
Sporting and athletic goods.......
Lead pencils and art goods..........................................................................
Sign manufacturing........................................................................................
Musical instruments.......................................................................................
All other miscellaneous manufactured products.........................................
Wholesale trade.............................................................................................
Retail trade......................................................................................................
Air transportation
Rail transportation
Water transportation
Truck transportation
Software publishers
Telecommunications
Offices of real estate agents and brokers....................................................
Engineering services......................................................................................
Custom computer programming services....................................................
Computer systems design services............................................................
Noncomparable imports................................................................................
Total new equipment, software, and structures...............................
Nonferrous
metal
production
and process
ing
331B
33
7
13
28
105
1
Foundries
Forging and
stamping
Cutlery and
handtool
manufactur
ing
3315
3321
3322
13
6
10
1
78
1
1
11
6
22
11
10
1
42
19
27
10
1
6
1
15
4
4
17
4
3
1
1
1
1
93
13
23
37
3
17
20
2
1
4
5
14
11
3
5
37
74
14
2
26
6
8
1
1
5
Architectural Boiler, tank,
and shipping
and
container
structural
metals manu manufactur
facturing
ing
3324
3323
3
20
2
12
7
14
74
14
6
1
8
11
1
22
19
5
67
16
1
1
7
25
7
7
2
2
1
1
10
1
20
6
3
5
14
2
7
3
13
5
22
Ordnance
and
accessories
manufactur
ing
Other
fabricated
metal
product
manufactur
ing
Agriculture,
construction,
and mining
machinery
332A
332B
3331
1
1
1
9
5
1
10
19
6
1
8
2
2
1
6
1
3
2
1
33
21
91
56
90
3
39
234
52
5
91
18
17
4
4
15
9
59
17
9
1
21
61
14
1
25
6
7
1
1
14
3
1
96
14
2
8
9
1
2
35
23
4
5
17
4
1
1
11
7
1
1
1
4
9
13
18
3
24
68
9
3
5
2
8
2
6
5
5
5
10
1
5
2
8
2
1
5
3
11
2
2
7
69
13
7
50
7
1
2
1
1
5
28
4
5
18
8
3
6
1
4
35
15
4
4
4
2
3
37
3
1
5
1
1
2
20
3
15
5
7
4
1
58
181
23
80
6
8
6
8
1
3
1
2
2
1
1
9
1
6
4
3
5
2
2
9
9
8
2
5
9
6
1
3
1
2
3
5
2
2
1
1
3
1
1
2
2
1
3
5
1
12
16
1
6
3
8
2
13
5
5
1
1
7
44
10
13
2
5
8
2
1
1
4
1
7
2
2
2
1
2
108
18
5
80
18
7
42
9
3
3
118
32
7
481
97
53
3
2
122
29
159
4
50
304
500
28
57
178
2
8
1
17
36
1
1
3
168
37
3
5
1
50
8
1
6
11
1
3
49
14
8
24
58
15
1
1
25
3
31
80
232
9
3
141
117
4
46
63
4
2
1
2
1
2,337
1,547
1,213
622
16
24
34
53
114
9
2
2
1
1,619
705
138
28
9
1
8
8
2
6,875
1,834
Business Investment by Industry
N ovem ber 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
T
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
68
67
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining................................................
Drilling oil and gas wells................................................................................
Support activities for oil and gas operations...............................................
Support activities for other mining................................................................
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction..........................................
New residential garden apartments construction......................................
New high-rise apartments construction.......................................................
New nonfarm residential additions and alterations....................................
New hotels and motels construction............................................................
New dormitory and other group housing construction...............................
New warehouse construction.......................................................................
New garages and service stations construction.........................................
Other new nonfarm buildings construction.................................................
New religious facilities construction..............................................................
New hospital construction.............................................................................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction.............................
New railroad facilities construction..............................................................
New electric utility construction....................................................................
New gas utility facilities construction...........................................................
New petroleum pipelines construction.........................................................
New water supply facilities construction......................................................
New academic facilities construction...........................................................
New libraries, museums and cultural facilities construction.....................
New commercial structures...........................................................................
New farm housing units and additions and alterations..............................
New farm service facilities construction......................................................
New dams and reservoir construction.........................................................
Other new conservation and development construction...........................
Other new nonbuilding construction............................................................
New highways, bridges and other horizontal construction.......................
New industrial plants construction................................................................
New waste treatment plants construction.
New sewer facilities construction..............
New telephone and telegraph construction................................................
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction...................................................................
Nonwoven fabric mills....................................................................................
Carpet and rug mills.......................................................................................
Wood containers and pallets........................................................................
Manufactured homes, mobile homes..........................................................
Other basic inorganic chemicals..................................................................
Foam products...............................................................................................
Other rubber products...................................................................................
Saw blades and handsaws............................................................................
Plate work........................................................................................................
Sheet metal work............................................................................................
Ornamental and architectural metal work..................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge.............................................................................
Metal cans, boxes, and other containers.....................................................
Hardware.........................................................................................................
Metal valves.....................................................................................................
Fabricated pipe and pipe fittings..................................................................
Miscellaneous fabricated metal products....................................................
Farm machinery and equipment...................................................................
Lawn and garden equipment........................................................................
Construction machinery................................................................................
Mining machinery and equipment................................................................
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery.............................................................................
Textile machinery............................................................................................
Printing machinery and equipment..............................................................
Food product machinery................................................................................
Semiconductor machinery.............................................................................
All other industrial machinery.......................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment..............................................................................
Industrial and commercial fans and blowers..............................................
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds..............................................................................................
Metal cutting machine tools..........................................................................
Metal forming machine tools........................................................................
Special tools, dies, jigs, and fixtures............................................................
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units.......................................................
Other engine equipment................................................................................
Pumps and pumping equipment...................................................................
Air and gas compressors...............................................................................
Measuring and dispensing pumps..............................................................
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems.......................................
Industrial
machinery
manufactur
ing
Commercial
and service
industry
machinery
HVACand
commercial
refrigeration
equipment
3332
3333
3334
13
10
Turbine and
Metalworking power trans
machinery
mission
manufactur
equipment
ing
manufactur
ing
3335
5
3336
7
5
Other gen
eral purpose
machinery
manufactur
ing
Computer
and periph
eral equip
ment
manufactur
ing
Audio, video,
and commu
nications
equipment
manufactur
ing
Semi
conductor
and
electronic
component
manufactur
ing
3339
3341
334A
3344
12
18
15
373
1
1
1
3
7
4
5
6
4
5
6
14
31
263
119
110
152
93
232
404
381
1,430
84
26
19
53
37
72
124
172
614
2
1
1
4
1
4
7
6
9
1
1
1
1
1
1
3
5
14
1
1
1
1
1
1
3
1
1
2
10
2
3
5
5
16
4
3
7
4
3
7
4
15
3
14
4
7
5
14
1
2
1
3
1
1
1
1
1
4
9
2
21
3
25
2
1
12
74
8
5
41
63
1
2
2
5
200
1
5
26
9
6,146
718
2
1
1
3
8
1
1
2
6
3
4
3
3
5
2
10
7
5
8
8
1
1
148
2
1
6
1
2
2
2
19
77
38
179
37
2
8
14
1
17
2
3
2
5
7
1
2
1
3
27
36
16
63
30
1
7
9
1
21
2
2
1
1
1
4
1
1
2
2
30
38
24
79
51
62
3
1
10
2
2
1
5
4
96
70
318
27
3
1
3
4
13
5
3
34
29
1
2
2
2
2
2
2
3
4
3
3
3
3
3
4
5
18
22
6
66
18
29
1
137
38
194
35
68
6
10
312
71
42
83
54
133
2
1
20
7
3
5
1
6
9
10
10
2
20
6
2
16
28
2
12
2
6
13
41
5
9
102
3
7
34
3
4
10
17
3
19
3
43
5
11
10
140
129
46
220
6
2
2
55
69
5
28
3
70
112
2
9
31
Su r v e y
im b e r 2 0 0 3
of
43
C u r r e n t B u s in e s s
Jsing Industries, l-O Commodities, 1997— Continued
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
~93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Industrial
machinery
manufactur
ing
Commercial
and service
industry
machinery
HVAC and
commercial
refrigeration
equipment
3332
3333
3334
3336
3335
Other gen
eral purpose
machinery
manufactur
ing
Computer
and periph
eral equip
ment
manufactur
ing
Audio, video,
and commu
nications
equipment
manufactur
ing
3339
3341
334A
1
Industrial trucks, trailers, and stackers................................................
Power-driven handtools.........................................................................
Welding and soldering equipment........................................................
Packaging machinery.............................................................................
Industrial process furnaces and ovens................................................
Fluid power pumps and motors............................................................
Scales, balances, and miscellaneous general purpose machinery..
Electronic computers..............................................................................
Computer storage devices.....................................................................
Computer terminals................................................................................
Other computer peripheral equipment.................................................
Telephone apparatus..............................................................................
Broadcast and wireless communications equipment........................
Other communications equipment........................................................
Audio and video equipment...................................................................
Electromedical apparatus......................................................................
Search, detection, and navigation instruments..................................
Industrial process variable instruments...............................................
Totalizing fluid meters and counting devices......................................
Electricity and signal testing instruments............................................
Analytical laboratory instruments.........................................................
Irradiation apparatus
Other measuring and controlling devices............................................
Magnetic and optical recording media.................................................
Lighting fixtures..
Electric housewares and household fans............................................
Household vacuum cleaners
Household cooking appliances
Household refrigerators and home freezers.......................................
Household laundry equipment.............................................................
Other major household appliances......................................................
Electric power and specialty transformers...........................................
Motors and generators
Switchgear and switchboard apparatus...............................................
Relays and industrial controls..............................................................
Storage batteries
Other communication and energy wire................................................
Current-carrying wiring Devices...........................................................
Miscellaneous electrical equipment....................................................
Automobiles and light trucks
Heavy duty trucks
Motor vehicle bodies
Truck trailers.......
Motor homes......
Travel trailers and campers
Motor vehicle seating and interior trim................................................
Aircraft.................
Aircraft engines and engine parts.......................................................
Guided missiles and space vehicles..................................................
Railroad rolling stock
Ship building and repairing
Boat building.......
Motorcycles, bicycles, and parts.........................................................
All other transportation equipment......................................................
Wood kitchen cabinets and countertops............................................
Upholstered household furniture.........................................................
Nonupholstered wood household furniture
Metal household furniture.......................
Household furniture, except wood and metal....................................
Institutional furniture................................
Wood office furniture...............................
Custom architectural woodwork and millwork...................................
Office furniture, except wood..................
Showcases, partitions, shelving, and lockers....................................
Mattresses..............................................................................................
Blinds and shades......................
Laboratory apparatus and furniture
Surgical and medical instruments
Surgical appliances and supplies
Dental equipment and supplies.
Sporting and athletic goods.......
Lead pencils and art goods.......
Sign manufacturing...............................................................................
Musical instruments..............................................................................
All other miscellaneous manufactured products................................
Wholesale trade....................................................................................
Retail trade.............................................................................................
Air transportation...................................................................................
Rail transportation.................................................................................
Water transportation..............................................................................
Truck transportation...............................................................................
Software publishers...............................................................................
Telecommunications..............................................................................
Offices of real estate agents and brokers...........................................
Engineering services.............................................................................
Custom computer programming services...........................................
Computer systems design services....................................................
Noncomparable imports.......................................................................
Total new equipment, software, and structures.
Turbine and
Metalworking power trans
mission
machinery
equipment
manufactur
manufactur
ing
ing
15
15
50
1
1
10
38
240
76
3
227
113
19
2
8
9
2
2
40
22
42
5
1
Semi
conductor
and
electronic
component
manufactur
ing
21
18
174
3
38
218
54
3
90
18
44
4
1
95
3
95
100
3
25
1
7
9
25
16
6
1
1
1
52
98
16
191
87
1
1
3
245
84
3
258
75
209
217
11
70
1,477
34
127
979
30
9
2,292
4,471
4,270
10
1
30
80
4
1
1,740
1,103
973
11
42
139
4
1,925
1,243
59
267
3
2
71
293
3
12
14
49
27
15
11
1
21
3
6
B u s in e s s In v e s t m e n t b y In d u s t r y
N ovem ber 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
r
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
88
87
89
90
91
92
Uranium, radium and vanadium ore mining................................................
Drilling oil and gas wells.............................
Support activities for oil and gas operations
Support activities for other mining............
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction
New residential garden apartments construction......................................
New high-rise apartments construction....
New nonfarm residential additions and alterations....................................
New hotels and motels construction............................................................
New dormitory and other group housing construction...............................
New warehouse construction.......................................................................
New garages and service stations construction.........................................
Other new nonfarm buildings construction.................................................
New religious facilities construction..............................................................
New hospital construction.............................................................................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction.............................
New railroad facilities construction..............................................................
New electric utility construction..............................
New gas utility facilities construction.....................
New petroleum pipelines construction...................
New water supply facilities construction...............
New academic facilities construction.....................
New libraries, museums and cultural facilities construction.....................
New commercial structures....................................
New farm housing units and additions and alterations
New farm service facilities construction...............
New dams and reservoir construction...................
Other new conservation and development construction
Other new nonbuilding construction......................
New highways, bridges and other horizontal construction.......................
New industrial plants construction.........................
New waste treatment plants construction.............
New sewer facilities construction...........................
New telephone and telegraph construction................................................
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction...................................................................
Nonwoven fabric mills.....................................................................................
Carpet and rug mills..........
Wood containers and pallets
Manufactured homes, mobile homes..........................................................
Other basic inorganic chemicals
Foam products...................
Other rubber products.......
Hand and edge tools.........
Saw blades and handsaws
Plate work............................
Sheet metal work................
Ornamental and architectural metal work..................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge.
Metal cans, boxes, and other containers.....................................................
Hardware.............................
Metal valves........................
Fabricated pipe and pipe fittings
Miscellaneous fabricated metal products....................................................
Farm machinery and equipment...................................................................
Lawn and garden equipment
Construction machinery....
Mining machinery and equipment
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery.
Textile machinery............................................................................................
Printing machinery and equipment..............................................................
Food product machinery................................................................................
Semiconductor machinery.............................................................................
All other industrial machinery.......................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment..............................................................................
Industrial and commercial fans and blowers..............................................
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds..............................................................................................
Metal cutting machine tools..........................................................................
Metal forming machine tools........................................................................
Special tools, dies, jigs, and fixtures............................................................
Rolling mill and other metalworking machinery.........................................
Turbine and turbine generator set units
Other engine equipment...............
Pumps and pumping equipment...
Air and gas compressors..............
Measuring and dispensing pumps
Conveyors and conveying equipment
Overhead cranes, hoists, and monorail sysiems.......................................
Electronic
instrument
manufactur
ing
Magnetic
media
manufactur
ing and
reproducing
Electric
lighting
equipment
manufactur
ing
Household
appliance
manufactur
ing
Electrical
equipment
manufactur
ing
Other
electrical
equipment
and
component
manufactur
ing
Motor vehicle
manufactur
ing
Motor vehicle
body, trailer,
and parts
manufactur
ing
Aerospace
product
and parts
manufactur
ing
3345
3346
3351
3352
3353
3359
3361
336A
3364
11
63
2
1
5
2
29
43
47
78
1
2
2
2
6
8
4
3
7
15
9
12
6
1,087
56
36
31
119
164
1,033
731
1,578
279
48
31
27
40
115
328
236
421
7
1
1
1
1
2
4
10
11
1
1
1
1
4
5
1
2
2
2
1
2
10
1
1
7
.
3
3
2
2
1
1
1
1
20
5
52
20
17
2
3
3
3
5
4
8
4
2
3
6
7
3
1
1
2
6
31
5
3
4
23
39
68
27
1
1
5
26
1
2
2
8
3
15
2
1
2
9
3
3
3
4
5
9
8
43
9
25
19
65
263
19
2
4
1
1
1
1
2
1
1
3
109
3
15
11
2
2
10
1
1
2
2
6
1
2
2
2
2
2
2
2
6
7
15
2
2
7
23
63
5
7
9
9
62
258
134
735
139
2
9
5
10
34
2
5
4
6
36
65
27
165
108
2
2
80
7
16
42
24
2
7
15
18
30
3
4
1
48
4
3
11
6
2
30
39
2
1
1
1
1
14
1
10
1
1
1
1
10
67
42
19
23
40
63
1
2
4
3
7
66
1
11
1
22
29
35
3
1
2
3
3
3
3
3
232
48
27
79
57
5
6
5
1,008
12
887
186
7
38
18
12
20
18
955
1,126
339
976
442
2
3
16
2
12
12
143
5
141
5
3
43
4
28
97
64
4
348
63
6
39
72
2
77
29
Su r v e y
2003
of
45
C u r r e n t B u s in e s s
Jsing Industries, 1-0 Commodities, 1997— Continued
of doll
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Industrial trucks, trailers, and stackers................................................
Power-driven handtools.........................................................................
Welding and soldering equipment........................................................
Packaging machinery............................................................................
Industrial process furnaces and ovens................................................
Fluid power pumps and motors............................................................
Scales, balances, and miscellaneous general purpose machinery..
Electronic computers..............................................................................
Computer storage devices.....................................................................
Computer terminals................................................................................
Other computer peripheral equipment.................................................
Telephone apparatus..............................................................................
Broadcast and wireless communications equipment........................
Other communications equipment........................................................
Audio and video equipment...................................................................
Electromedical apparatus......................................................................
Search, detection, and navigation instruments..................................
Industrial process variable instruments...............................................
Totalizing fluid meters and counting devices......................................
Electricity and signal testing instruments............................................
Analytical laboratory instruments........
Irradiation apparatus............................
Other measuring and controlling devices............................................
Magnetic and optical recording media.
Lighting fixtures.....................................
Electric housewares and household fans............................................
Household vacuum cleaners................................................................
Household cooking appliances............
Household refrigerators and home freezers
Household laundry equipment............
Other major household appliances......
Electric power and specialty transformers
Motors and generators.........................
Switchgear and switchboard apparatus...............................................
Relays and industrial controls..............................................................
Storage batteries......................
Other communication and energy wire................................................
Current-carrying wiring Devices
Miscellaneous electrical equipment....................................................
Automobiles and light trucks...
Heavy duty trucks.....................
Motor vehicle bodies...............
Truck trailers............................................................................................
Motor homes............................
Travel trailers and campers......
Motor vehicle seating and interior trim................................................
Aircraft.......................................
Aircraft engines and engine parts
Guided missiles and space vehicles
Railroad rolling stock...............
Ship building and repairing...................................................................
Boat building...........................................................................................
Motorcycles, bicycles, and parts.........................................................
All other transportation equipment......................................................
Wood kitchen cabinets and countertops............................................
Upholstered household furniture.........................................................
Nonupholstered wood household furniture........................................
Metal household furniture.....................................................................
Household furniture, except wood and metal....................................
Institutional furniture..............................................................................
Wood office furniture.............................................................................
Custom architectural woodwork and millwork...................................
Office furniture, except wood................................................................
Showcases, partitions, shelving, and lockers....................................
Mattresses.......
Blinds and shades
Laboratory apparatus and furniture.....................................................
Surgical and medical instruments.......................................................
Surgical appliances and supplies........................................................
Dental equipment and supplies...........................................................
Sporting and athletic goods..................................................................
Lead pencils and art goods..................................................................
Sign manufacturing...............................................................................
Musical instruments
All other miscellaneous manufactured products................................
Wholesale trade....................................................................................
Retail trade.....
Air transportation
Rail transportation
Water transportation..............................................................................
Truck transportation
................................................
Software publishers.............................
Telecommunications............................
Offices of real estate agents and brokers
Engineering services...........................
Custom computer programming services
Computer systems design services...
Noncomparable imports.......................................................................
Total new equipment, software, and structures.
Electronic
instrument
manufactur
ing
Magnetic
media
manufactur
ing and
reproducing
Electric
lighting
equipment
manufactur
ing
Household
appliance
manufactur
ing
Electrical
equipment
manufactur
ing
Other
electrical
equipment
and
component
manufactur
ing
Motorvehicle
manufactur
ing
Motorvehicle
body, trailer,
and parts
manufactur
ing
Aerospace
product
and parts
manufactur
ing
3345
3346
3351
3352
3353
3359
3361
336A
3364
172
170
74
23
20
1
160
117
26
45
222
62
3
114
1
86
8
17
2
1
21
42
6
2
57
6
34
127
7
29
1
1
119
50
172
133
47
5
126
355
70
33
76
76
17
6
"65
325
104
4
189
33
143
9
3
2
164
19
52
168
4
43
......5
72
5
46
272
16
48
6
129
28
39
1
4
49
17
9
46
204
27
1
1
1
59
49
21
2
7
...1
4
290
8
59
3
3
252
74
10
2
2
1
2
2
6
3
7
1
2
1
1
1
1
32
46
8
10
1
9
5
499
154
61
4
29
7
200
92
1,165
34
17
244
10
5,173
1,033
10
10
16
45
17
51
2
1
2
1
519
616
1,288
12
860
150
91
6
1
59
403
"24
205
2,037
58
18
9,613
60
171
9
3
172
553
5
435
1,168
40
14
2,027
7,169
11,741
12
7
496
128
35
321
Business Investment by Industry
N ovem ber 2 003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
T
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining................................................
Drilling oil and gas wells...............................
Support activities for oil and gas operations
Support activities for other mining..............
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction..........................................
New residential garden apartments construction......................................
New high-rise apartments construction.......................................................
New nonfarm residential additions and alterations....................................
New hotels and motels construction...........
New dormitory and other group housing construction...............................
New warehouse construction......................
New garages and service stations construction.........................................
Other new nonfarm buildings construction.
New religious facilities construction............
New hospital construction.............................................................................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction............................
New railroad facilities construction..........................
New electric utility construction...............................
New gas utility facilities construction.......................
New petroleum pipelines construction....................
New water supply facilities construction................
New academic facilities construction...........................................................
New libraries, museums and cultural facilities construction.....................
New commercial structures..........................................................................
New farm housing units and additions and alterations..............................
New farm service facilities construction....
New dams and reservoir construction........
Other new conservation and development construction...........................
Other new nonbuilding construction...........
New highways, bridges and other horizontal construction.......................
New industrial plants construction..............
New waste treatment plants construction...
New sewer facilities construction................
New telephone and telegraph construction
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction..................
Nonwoven fabric mills....................................................................................
Carpet and rug mills
Wood containers and pallets........................................................................
Manufactured homes, mobile homes..........................................................
Other basic inorganic chemicals..................................................................
Foam products........
Other rubber products...................................................................................
Hand and edge tools.....................................................................................
Saw blades and handsaws...........................................................................
Plate work................
Sheet metal work....
Ornamental and architectural metal w ork..................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge.............................................................................
Metal cans, boxes, and other containers.....................................................
Hardware.........................................................................................................
Metal valves..........................
Fabricated pipe and pipe fittings..................................................................
Miscellaneous fabricated metal products....................................................
Farm machinery and equipment...................................................................
Lawn and garden equipment
Construction machinery....
Mining machinery and equipment................................................................
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery.............................................................................
Textile machinery................
Printing machinery and equipment..............................................................
Food product machinery................................................................................
Semiconductor machinery..
All other industrial machinery.......................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment..............................................................................
Industrial and commercial fans and blowers..............................................
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds..............................................................................................
Metal cutting machine tools
Metal forming machine tools
Special tools, dies, jigs, and fixtures............................................................
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units.......................................................
Other engine equipment....
Pumps and pumping equipment...................................................................
Air and gas compressors...............................................................................
Measuring and dispensing pumps..............................................................
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems.......................................
Other trans
portation
equipment
manufactur
ing
Furniture
and related
product
manufactur
ing
Medical
equipment
and supplies
manufactur
ing
Other mis
cellaneous
manufactur
ing
Wholesale
trade
Retail
trade
Air trans
portation
Rail trans
portation
Water trans
portation
336B
3370
3391
3399
4200
4AOO
4810
4820
4830
9
15
14
12
3,107
5,691
1,176
640
667
1
4
20
3
6
142
255
235
227
42
67
63
77
1,277
913
94
3,838
176
1
3
4
4
141
333
20
2
1
1
42
2
2
1
2
2
2
1
1
29
4
6
12
14
273
103
239
126
10
10
14
41
3
31
24
18
155
26,276
101
31
497
5
1
2
10
6
1
12
8
1
13
14
3
8
6
7
1
1
2
1
2
12
1
1
8
11
5
7
10
11
3
9
302
25
36
1
3
4
2
2
99
263
85
19
126
182
36
157
1
4
1
4
13
50
9
47
29
3
3
2
2
3
4
200
7
3
37
13
6
10
53
396
149
5
47
124
8
2
3
3
8
8
2
22
5
74
52
47
21
20
142
65
30
73
3
19
4
19
9
3
20
3
55
9
88
4
2
3
5
6
4
4
5
4
94
54
26
105
77
222
3
19
14
3
64
4
4
38
8
2
10
28
i'
2
1
8
1
1
21
30
19
28
40
3
3
12
34
2
1
284
335
23
510
719
8
38
475
14
3
86
35
9
12
76
35
202
195
4
48
40
174
69
179
126
19
16
207
215
107
109
5
7
33
29
361
58
170
52
66
85
3
84
4
2
33
100
2
11
94
32
20
12
1
1
151
9
3
1
1
2
3
9
9
3
4
3
1
4
2
1
2
3
42
31
148
1
23
7
18
14
20
22
11
11
2
7
50
9
2003
Su r v e y
of
C u r r e n t B u s in e s s
47
Industries, 1-0 Commodities, 1997—Continued
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
~93~
94
95
96
97
98
99
Industrial trucks, trailers, and stackers........................................................
Power-driven handtools................
Welding and soldering equipment
Packaging machinery...................
Industry code
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Fluid power pumps and motors....................................................................
Scales, balances, and miscellaneous general purpose machinery.........
Electronic computers.....................................................................................
Computer storage devices............
Computer terminals.......................
Other computer peripheral equipment.........................................................
Telephone apparatus....................
Broadcast and wireless communications equipment................................
Other communications equipment...............................................................
Audio and video equipment..........................................................................
Electromedical apparatus..............................................................................
Search, detection, and navigation instruments..........................................
Industrial process variable instruments.......................................................
Totalizing fluid meters and counting devices..............................................
Electricity and signal testing instruments...................................................
Analytical laboratory instruments................................................................
Irradiation apparatus.....................................................................................
Other measuring and controlling devices...................................................
Magnetic and optical recording media.........................................................
Lighting fixtures..............................................................................................
Electric housewares and household fans...................................................
Household vacuum cleaners........................................................................
Household cooking appliances.....................................................................
Household refrigerators and home freezers...............................................
Household laundry equipment.....................................................................
Other major household appliances..............................................................
Electric power and specialty transformers..................................................
Motors and generators..................................................................................
Switchgear and switchboard apparatus.......................................................
Relays and industrial controls......................................................................
Storage batteries..
Other communication and energy wire........................................................
Current-carrying wiring Devices...................................................................
Miscellaneous electrical equipment............................................................
Automobiles and light trucks........................................................................
Heavy duty trucks..........................................................................................
Motor vehicle bodies.....................................................................................
Truck trailers.........
Motor homes.......
Travel trailers and campers...........................................................................
Motor vehicle seating and interior trim........................................................
Aircraft.............................................................................................................
Aircraft engines and engine parts...............................................................
Guided missiles and space vehicles...........................................................
Railroad rolling stock.....................................................................................
Ship building and repairing...........................................................................
Boat building....................................................................................................
Motorcycles, bicycles, and parts..................................................................
All other transportation equipment..............................................................
Wood kitchen cabinets and countertops....................................................
Upholstered household furniture..................................................................
Nonupholstered wood household furniture.................................................
Metal household furniture..............................................................................
Household furniture, except wood and metal.............................................
Institutional furniture......................................................................................
Wood office furniture.....................................................................................
Custom architectural woodwork and millwork............................................
Office furniture, except wood.......
Showcases, partitions, shelving, and lockers.............................................
Mattresses.....................................
Blinds and shades........................
Laboratory apparatus and furniture.............................................................
Surgical and medical instruments................................................................
Surgical appliances and supplies.................................................................
Dental equipment and supplies....................................................................
Sporting and athletic goods..........................................................................
Lead pencils and art goods..........................................................................
Sign manufacturing.........
Musical instruments......................................................................................
All other miscellaneous manufactured products........................................
Wholesale trade.............................................................................................
Retail trade......................................................................................................
Air transportation.
Rail transportation
Water transportation
Truck transportation........................................................................................
Software publishers........................................................................................
Telecommunications......................................................................................
Other trans
portation
equipment
manufactur
ing
Furniture
and related
product
manufactur
ing
Medical
equipment
and supplies
manufactur
ing
Other mis
cellaneous
manufactur
ing
Wholesale
trade
Retail
trade
Air trans
portation
Rail trans
portation
Water trans
portation
336B
3370
3391
3399
4200
4A00
4810
4820
4830
16
10
44
12
8
1
12
62
14
1
22
6
9
1
1
28
15
34
25
8
17
7
30
34
4
11
1
1
15
61
16
19
109
24
2
2
28
7
48
6
1
2
13
10
2
2
33
33
13
1
20
87
20
2
34
9
10
2
2
192
60
42
480
14
7
33
18
35
48
4
1
1
1
2
2
9
86
1,503
709
82
1,602
1,362
344
89
47
1
32
61
446
115
4
314
430
408
4
2
9
152
30
1
29
107
85
3
1
58
11
2
20
25
73
1
1,706
8,203
22
1
1
3
27
54
33
9
7
12
3
40
19
9
7
17
3
40
3
26
2
10
11
84
7
10
2
5
25
1
2
4
10
2
40
19
25
10
1
10
7
83
9
79
2
1
2
2
39
9
2
11
2
6
3
2
10
5
5
5
7
5
10
1
11
6
1
10
2
7
19
13
3
4
9
39
13
3
5
85
6,650
863
310
691
146
5,789
357
135
253
19
651
584
27
38
1
50
139
1
1
17
4
11,851
3
11
7
28
50
89
17
23
41
18
11
3
56
7
3
2
11
7
8
1
7
3
10
1
1
1
12
5
62
7
88
2
6
11
3
18
1
28
70
119
21
1
113
2
8
9
343
3
391
1
1
1
1
2
4,343
1,212
3
2
344
1
1
2
1
2
1
1
1
13
44
3
105
4
4
3
5
4
5
8
1
20
8
1
8
1
12
17
13
23
19
22
173
90
19
541
564
261
41
45
620
2,047
6
114
41
1
5
27
26
2
4
1
12
63
8
41
1
2
3
1
1
8
5
79
39
17
7
10
1
13
6
7
9
1
1
1
1
2
5
5
5
359
2,613
24
4
4
2
4
186
46
3
152
35
4
173
36
3
274
73
304
116
8
10
98
2,651
1,421
178
94
10
6
1
61
2,426
1,088
105
91
1
107
26
6
2,032
224
160
25
1
34
21
2
54
22
1
4
51
7
40
3
69
86
Engineering services..... ...............................................................................
Custom computer programming services....................................................
Computer systems design services............................................................
Noncomparable imports................................................................................
54
170
60
90
58
275
6
2
8
2
12
4
10
2
Total new equipment, software, and structures...............................
1,584
2,161
2,145
2,285
487
82
152
292
13
13
53
1,093
498
35
842
1,648
134
53
48
12
262
1,684
491
1,071
70
557
32
131
68
563
135
2,011
260
51
1,076
740
292
40
1,062
1,400
83
31
291
178
13
4
115
4
32,991
65,676
32,840
11,440
4,639
5
101
1
Business Investment by Industry
N ovem ber 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
r
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining................................................
Drilling oil and gas wells................................................................................
Support activities for oil and gas operations...............................................
Support activities for other mining................................................................
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction..........................................
New residential garden apartments construction......................................
New high-rise apartments construction.......................................................
New nonfarm residential additions and alterations....................................
New hotels and motels construction............................................................
New dormitory and other group housing construction...............................
New warehouse construction.......................................................................
New garages and service stations construction.........................................
Other new nonfarm buildings construction.................................................
New religious facilities construction..............................................................
New hospital construction...................................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction............................
New railroad facilities construction.....................
New electric utility construction..........................
New gas utility facilities construction..................
New petroleum pipelines construction...............
New water supply facilities construction............
New academic facilities construction..................
New libraries, museums and cultural facilities construction.....................
New commercial structures.................................
New farm housing units and additions and alterations..............................
New farm service facilities construction............
New dams and reservoir construction.........................................................
Other new conservation and development construction...........................
Other new nonbuilding construction............................................................
New highways, bridges and other horizontal construction.......................
New industrial plants construction................................................................
New waste treatment plants construction...................................................
New sewer facilities construction..................................................................
New telephone and telegraph construction................................................
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction...................................................................
Nonwoven fabric mills..................
Carpet and rug mills....................
Wood containers and pallets......
Manufactured homes, mobile homes
Other basic inorganic chemicals
Foam products.............................
Other rubber products................
Hand and edge tools...................
Saw blades and handsaws.........
Plate work.....................................
Sheet metal work.........................
Ornamental and architectural metal work..................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge.............................................................................
Metal cans, boxes, and other containers.....................................................
Hardware.......................................
Metal valves..................................
Fabricated pipe and pipe fittings
Miscellaneous fabricated metal products...................................................
Farm machinery and equipment.
Lawn and garden equipment......
Construction machinery................................................................................
Mining machinery and equipment
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery
Plastics and rubber industry machinery......................................................
Paper industry machinery..........
Textile machinery.........................
Printing machinery and equipment..............................................................
Food product machinery................................................................................
Semiconductor machinery.............................................................................
All other industrial machinery.......................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment..............................................................................
Industrial and commercial fans and blowers..............................................
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds..............................................................................................
Metal cutting machine tools..........................................................................
Metal forming machine tools........................................................................
Special tools, dies, jigs, and fixtures............................................................
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units.......................................................
Other engine equipment.
Pumps and pumping equipment
Air and gas compressors
Measuring and dispensing pumps..............................................................
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems.......................................
Truck trans
portation
Transit and
ground pas
senger trans
portation
Pipeline
transporta
tion
4840
4850
4860
18
142
Scenic and
sightseeing
transporta
Couriers and Warehousing
tion and sup
messengers and storage
port activities
for transpor
tation
48A0
4920
4930
37
Newspaper,
book, and
directory
publishers
Software
publishers
Motion
picture and
sound
recording
industries
5111
5112
5120
110
283
112
114
54
568
220
5
826
71
29
1,070
13
81
1,193
25
22
41
38
147
53
27
1,512
64
61
29
256
440
270
11
4
1
2
5
6
15
5
11
1
19
1
4
1
2
2
3
18
7
1
6
12
1
13
9
17
1
7
5
13
33
15
4
7
3
14
19
2
1
11
8
2
2
22
26
5
3
10
5
10
27
4
10
1
1
7
14
3
5
2
3
4
13
3
i
1
8
1
1
1
1
6
2
338
9
4
14
5
9
23
5
6
2
1
10
1
19
15
16
9
109
26
17
158
6
1
1
10
3
9
5
1
10
1
2
10
3
27
1
2
5
5
7
5
1
1
1
1
14
45
55
3
2
8
4
7
19
2
2
1
6
15
28
2
32
8
11
3
5
9
42
8
5
1
3
12
7
1
56
43
58
28
130
58
54
10
15
3
12
6
2
20
12
15
4
27
11
3
2
12
35
25
24
26
49
26
7
3
4
1
50
3
3
2
14
3
60
3
1
2003
Su r v e y
of
C u r r e n t B u s in e s s
49
Industries, 1-0 Commodities, 1997— Continued
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
~9 3 "
94
95
96
97
98
99
Industrial trucks, trailers, and stackers........................................................
Power-driven handtools.................................................................................
Welding and soldering equipment...............................................................
Packaging machinery....................................................................................
Industrial process furnaces and ovens........................................................
Fluid power pumps and motors....................................................................
Scales, balances, and miscellaneous general purpose machinery.........
Electronic computers.....................................................................................
Computer storage devices.............................................................................
Computer terminals.......................................................................................
Other computer peripheral equipment.........................................................
Telephone apparatus.....................................................................................
Broadcast and wireless communications equipment................................
Other communications equipment...............................................................
Audio and video equipment..........................................................................
Electromedical apparatus..............................................................................
Search, detection, and navigation instruments..........................................
Industrial process variable instruments.......................................................
Totalizing fluid meters and counting devices..............................................
Electricity and signal testing instruments....................................................
Analytical laboratory instruments
Irradiation apparatus...................
Other measuring and controlling devices...................................................
Magnetic and optical recording media
Lighting fixtures............................
Electric housewares and household fans...................................................
Household vacuum cleaners........................................................................
Household cooking appliances.....................................................................
Household refrigerators and home freezers...............................................
Household laundry equipment.....................................................................
Other major household appliances..............................................................
Electric power and specialty transformers..................................................
Motors and generators..................................................................................
Switchgear and switchboard apparatus.......................................................
Relays and industrial controls......................................................................
Storage batteries............................................................................................
Other communication and energy wire........................................................
Current-carrying wiring Devices...................................................................
Miscellaneous electrical equipment............................................................
Automobiles and light trucks........................................................................
Heavy duty trucks...........................................................................................
Motor vehicle bodies.....................................................................................
Truck trailers....................................................................................................
Motor homes................................
Travel trailers and campers.........
Motor vehicle seating and interior trim
Aircraft...........................................
Aircraft engines and engine parts
Guided missiles and space vehicles
Railroad rolling stock...................
Ship building and repairing...........................................................................
Boatbuilding.................................
Motorcycles, bicycles, and parts
All other transportation equipment
Wood kitchen cabinets and countertops
Upholstered household furniture
Nonupholstered wood household furniture.................................................
Metal household furniture...........
Household furniture, except wooa ana metai.............................................
Institutional furniture.......................................................................................
Wood office furniture.....................................................................................
Custom architectural woodwork and millwork............................................
Office furniture, except wood
Showcases, partitions, shelving, and lockers.............................................
Mattresses.......................
Blinds and shades..........
Laboratory apparatus and furniture.............................................................
Surgical and medical instruments
Surgical appliances and supplies
Dental equipment and supplies
Sporting and athletic goods
Lead pencils and art goods
Sign manufacturing........
Musical instruments.......................................................................................
All other miscellaneous manufactured products.........................................
Wholesale trade.............................................................................................
Retail trade
Air transportation
Rail transportation
Water transportation
Truck transportation
Software publishers
Telecommunications.......................................................................................
Offices of real estate agents and brokers....................................................
Engineering services.....................................................................................
Custom computer programming services....................................................
Computer systems design services............................................................
Noncomparable imports................................................................................
Industry code
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Total new equipment, software, and structures...............................
Truck trans
portation
Transit and
ground pas
senger trans
portation
Pipeline
transporta
tion
4840
4850
4860
489
16
44
11
55
255
98
4
114
314
308
4
9
34
16
48A0
25
3
3
5
8
2
2
2
12
4
3
3
1
9
1,401
4,033
852
1,827
3
550
928
30
5120
2
2
6
64
7
1
8
153
41
3
72
82
109
133
35
4
55
26
1
2
61
97
143
47
53
19
249
76
4
133
98
108
2
3
2
2
1,129
73
13
17
25
4
3
8
8
3
2
1
6
8
2
13
1
1
5
2
148
14
83
139
21
7
2
6
10
6
1
5112
24
3
1
1
16
43
89
5111
139
1
2
1
8
11
Motion
picture and
sound
recording
industries
41
1
29
98
141
4930
66
6
Software
publishers
8
11
75
15
4920
68
8
Newspaper,
book, and
directory
publishers
1
11
1
2
14
Scenic and
sightseeing
transporta
Couriers and Warehousing
tion and sup messengers
and storage
port activities
for transpor
tation
7
415
18
2
10
1
6
7
9
4
1
1
10
387
207
24
40
1
1
3
7
21
1
2
1
1
4
5
14
6
1
1
256
78
76
26
2
2
6
76
295
32
4
54
80
242
4
4
2
6
9
5
15
1
1
1
i
4
1
2
i
4
5
2
1
1
6
1
1
1
1
1
7
1,859
4
161
9
423
5
124
30
392
200
8
2
145
293
15
10
20
20
18
31
2
6
120
2
3
7
128
282
4
5
1
12
1
3
1
1
1
3
2
1
83
1
1
31
27
1
2
14
3
1
34
30
7
4
7
4
20
6
2
1
17
14
12
1
9
29
2
20
28
19
1
1
2
14
2
5
249
60
21
1
83
13
15
2
4
2
3
6
10
1
20
47
32
4
15
105
18
1
1
1
40
69
39
38
14
38
23
1
2
1
2
1
1
1
2
24
1,436
219
1
20
1
64
43
2
17
2
1
66
2
276
66
15
3
10
4
23
29
8
28
7
236
99
3
7
404
193
24
7
366
131
14
4
2
6
3
148
51
3
4
6
1
3
199
107
4
3
11
38
19
189
4
331
13
132
53
108
6
162
64
2
140
79
21
42
9
205
15
180
40
648
170
185
30
7
43
87
20
252
8
2
6
2
40
168
17
4
46
213
14
3
38
58
9
77
394
30
29
1,281
26
1
6
8
11
2
14,832
2,944
6,580
2,960
5,858
1,534
4,010
3,425
3,105
Business Investment by Industry
N ovem ber 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
r
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining................................................
Drilling oil and gas wells................................................................................
Support activities for oil and gas operations...............................................
Support activities for other mining................................................................
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction..........................................
New residential garden apartments construction......................................
New high-rise apartments construction.......................................................
New nonfarm residential additions and alterations....................................
New hotels and motels construction............................................................
New dormitory and other group housing construction...............................
New warehouse construction.......................................................................
New garages and service stations construction.........................................
Other new nonfarm buildings construction.................................................
New religious facilities construction..............................................................
New hospital construction.............................................................................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction............................
New railroad facilities construction..............................................................
New electric utility construction....................................................................
New gas utility facilities construction...........................................................
New petroleum pipelines construction.........................................................
New water supply facilities construction......................................................
New academic facilities construction...........................................................
New libraries, museums and cultural facilities construction.....................
New commercial structures...........................................................................
New farm housing units and additions and alterations..............................
New farm service facilities construction......................................................
New dams and reservoir construction.........................................................
Other new conservation and development construction...........................
Other new nonbuilding construction............................................................
New highways, bridges and other horizontal construction.......................
New industrial plants construction................................................................
New waste treatment plants construction....................................................
New sewer facilities construction..................................................................
New telephone and telegraph construction................................................
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction...................................................................
Nonwoven fabric mills....................................................................................
Carpet and rug mills.........
Wood containers and pallets........................................................................
Manufactured homes, mobile homes..........................................................
Other basic inorganic chemicals..................................................................
Foam products..................
Other rubber products......
Hand and edge tools........
Saw blades and handsaws
Plate work..........................
Sheet metal work..............
Ornamental and architectural metal work..................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge.............................................................................
Metal cans, boxes, and other containers.....................................................
Hardware.........................................................................................................
Metal valves.......................
Fabricated pipe and pipe fittings..................................................................
Miscellaneous fabricated metal products....................................................
Farm machinery and equipment...................................................................
Lawn and garden equipment........................................................................
Construction machineiV ...
Mining machinery and equipment................................................................
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery............
Textile machinery...........................
Printing machinery and equipment
Food product machinery...............
Semiconductor machinery.............................................................................
All other industrial machinery.......................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment..............................................................................
Industrial and commercial fans and blowers..............................................
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds..............................................................................................
Metal cutting machine tools..........................................................................
Metal forming machine tools........................................................................
Special tools, dies, jigs, and fixtures............................................................
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units.......................................................
Other engine equipment................................................................................
Pumps and pumping equipment...................................................................
Air and gas compressors...............................................................................
Measuring and dispensing pumps..............................................................
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems.......................................
Radio and
television
broadcasting
Cable net
works and
program
distribution
Telecom
munications
Information
services
Data
processing
services
Monetary
authorities,
credit inter
mediation
and related
activities
Securities,
commodity
contracts,
investments
Insurance
carriers and
related
activities
Funds,
trusts,
and other
financial
vehicles
5131
5132
5133
5141
5142
52A0
5230
5240
5250
902
1,606
457
17
14
28
20
39
589
103
83
17
851
3,294
7,077
181
1,178
1,893
126
287
8,674
1,324
2,291
1,482
6
4
34
5
5
98
31
72
1
6
1
1
2
1
1
2
6
1
6
28
1
1
7
34
5
3
1
20
2
1
4
106
15
47
262
1
2
1
1
18
76
32
3
7
16
8
27
5
17
113
7
4
25
115
7
135
2
2
21
2
12
3
28
3
5
3
1
3
7
2
21
2
1
22
2
6
1
4
3
6
1
4
4
9
7
40
4
9
1
177
40
1
2
490
43
3
97
317
28
8
89
14
2
3
3
35
5
25
2
3
41
20
4
3
3
4
4
1
1
1
1
2
2
1
81
i
1
1
2
2
i
3
1
2
1
1
36
3
i
1
1
Su r v e y
2003
of
51
C u r r e n t B u s in e s s
Industries, l-O Commodities, 1997— Continued
of doll
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
93
94
95
96
97
98
99
Industrial trucks, trailers, and stackers........................................................
Power-driven handtools.................................................................................
Welding and soldering equipment...............................................................
Packaging machinery....................................................................................
Industrial process furnaces and ovens........................................................
Fluid power pumps and motors....................................................................
Scales, balances, and miscellaneous general purpose machinery.........
Electronic computers.....................................................................................
Computer storage devices............................................................................
Computer terminals.......................................................................................
Other computer peripheral equipment.........................................................
Telephone apparatus.....................................................................................
Broadcast and wireless communications equipment................................
Other communications equipment...............................................................
Audio and video equipment..........................................................................
Electromedical apparatus.............................................................................
Search, detection, and navigation instruments..........................................
Industrial process variable instruments.......................................................
Totalizing fluid meters and counting devices..............................................
Electricity and signal testing instruments...................................................
Analytical laboratory instruments................................................................
Industry code
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Other measuring and controlling devices....................................................
Magnetic and optical recording media.........................................................
Lighting fixtures..............................................................................................
Electric housewares and household fans...................................................
Household vacuum cleaners........................................................................
Household cooking appliances.....................................................................
Household refrigerators and home freezers...............................................
Household laundry equipment.....................................................................
Other major household appliances..............................................................
Electric power and specialty transformers..................................................
Motors and generators..................................................................................
Switchgear and switchboard apparatus.......................................................
Relays and industrial controls......................................................................
Storage batteries............................................................................................
Other communication and energy wire........................................................
Current-carrying wiring Devices...................................................................
Miscellaneous electrical equipment............................................................
Automobiles and light trucks........................................................................
Heavy duty trucks...........................................................................................
Motor vehicle bodies.....................................................................................
Truck trailers....................................................................................................
Motor homes..................................................................................................
Travel trailers and campers...........................................................................
Motor vehicle seating and interior trim........................................................
Aircraft..............................................................................................................
Aircraft engines and engine parts...............................................................
Guided missiles and space vehicles...........................................................
Railroad rolling stock......................................................................................
Ship building and repairing............................................................................
Boat building....................................................................................................
Motorcycles, bicycles, and parts..................................................................
All other transportation equipment..............................................................
Wood kitchen cabinets and countertops.....................................................
Upholstered household furniture..................................................................
Nonupholstered wood household furniture.................................................
Metal household furniture..............................................................................
Household furniture, except wood and metal.............................................
Institutional furniture......................................................................................
Wood office furniture.....................................................................................
Custom architectural woodwork and millwork............................................
Office furniture, except wood........................................................................
Showcases, partitions, shelving, and lockers.............................................
Mattresses.......................................................................................................
Blinds and shades..........................................................................................
Laboratory apparatus and furniture.............................................................
Surgical and medical instruments................................................................
Surgical appliances and supplies.................................................................
Dental equipment and supplies....................................................................
Sporting and athletic goods..........................................................................
Lead pencils and art goods..........................................................................
Sign manufacturing........................................................................................
Musical instruments.......................................................................................
All other miscellaneous manufactured products.........................................
Wholesale trade.............................................................................................
Retail trade......................................................................................................
Air transportation............................................................................................
Rail transportation..........................................................................................
Water transportation......................................................................................
Truck transportation........................................................................................
Software publishers........................................................................................
Telecommunications......................................................................................
Offices of real estate agents and brokers....................................................
Engineering services......................................................................................
Custom computer programming services....................................................
Computer systems design services............................................................
Noncomparable imports................................................................................
Total new equipment, software, and structures...............................
Radio and
television
broadcasting
Cable net
works and
program
distribution
Telecom
munications
Information
services
Data
processing
services
Monetary
authorities,
credit inter
mediation
and related
activities
Securities,
commodity
contracts,
investments
Insurance
carriers and
related
activities
Funds,
trusts,
and other
financial
vehicles
5131
5132
5133
5141
5142
52A0
5230
5240
5250
8
1
11
1
64
2
1
1
1,625
402
62
324
76
21
6
18
9
1,641
467
17
576
179
90
34
19
9
7
1
1
3
2
1
102
23
642
44
12
2
668
11
58
324
1,500
4
197
1,061
6,095
821
16,516
6,882
34
131
17
69
321
1
3
20
12
2
2
3
2
1
4,585
779
51
2,920
235
171
55
35
6
168
857
128
3
61
4
184
3
11
20
1
1
1
1
1
1
2
1
2
4
3
1,930
89
29
1
156
68
1
20
122
1
2
6
1
1
6
2
1
2
3
1
1
2
7
2
56
2
2
1
2
16
3
1
20
5
82
3
1
1
11
167
27
661
3,471
355
1
1
6
6
68
336
4
266
4
1
2
87
1
6
4
4
7
93
21
10
1,189
455
19
2,477
16
1
2
2
2
7
1
14
7
17
1
1
9
1
1
29
1
10
7
82
4
177
67
368
154
5
14
2
1
2
11
53
17
32
9
158
393
4
62
1
1
21
10
6
1
2
12
1
188
84
24
9
30
9
24
260
13
563
229
1
16
42
16
1
2
6
21
15
169
1
12
5
1
47
2
48
1
2
1
22
10
16
86
4
5
219
2
187
254
2
2
1
2
343
85
1,089
138
40
15
3,922
950
171
35
96
46
129
49
4
39
2,470
1,249
126
18
7
683
335
39
4
17
1,062
616
49
24
34
320
75
790
6
11
3
2
11
21
235
442
164
2,977
5,532
155
218
4
661
156
17
4
4,903
17,526
11
2
1
1
1
2
86
53
255
3,403
2,361
3,341
141
44
19
334
3
6
332
3,215
309
74
93
1,028
11
25
779
23
101
20
135
3,597
186
58
64,833
1,302
2,477
33,095
7,985
16,237
27
12
1
154
1
36
2
1
1,857
Business Investment by Industry
N ovem ber 2 003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
T
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining................................................
Drilling oil and gas wells................................................................................
Support activities for oil and gas operations...............................................
Support activities for other mining................................................................
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction..........................................
New residential garden apartments construction......................................
New high-rise apartments construction.......................................................
New nonfarm residential additions and alterations....................................
New hotels and motels construction............................................................
New dormitory and other group housing construction...............................
New warehouse construction.......................................................................
New garages and service stations construction.........................................
Other new nonfarm buildings construction.................................................
New religious facilities construction..............................................................
New hospital construction.............................................................................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction.............................
New railroad facilities construction...............................................................
New electric utility construction....................................................................
New gas utility facilities construction...........................................................
New petroleum pipelines construction.........................................................
New water supply facilities construction......................................................
New academic facilities construction...........................................................
New libraries, museums and cultural facilities construction.....................
New commercial structures...........................................................................
New farm housing units and additions and alterations..............................
New farm service facilities construction......................................................
New dams and reservoir construction.........................................................
Other new conservation and development construction............................
Other new nonbuilding construction............................................................
New highways, bridges and other horizontal construction.......................
New industrial plants construction................................................................
New waste treatment plants construction....................................................
New sewer facilities construction..................................................................
New telephone and telegraph construction................................................
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction...................................................................
Nonwoven fabric mills....................................................................................
Carpet and rug mills.........
Wood containers and pallets
Manufactured homes, mobile homes..........................................................
Other basic inorganic chemicals
Foam products.................
Other rubber products.....
Hand and edge tools.....................................................................................
Saw blades and handsaws............................................................................
Plate work........................................................................................................
Sheet metal work..............
Ornamental and architectural metal work...................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge
Metal cans, boxes, and other containers.....................................................
Hardware............................
Metal valves.......................
Fabricated pipe and pipe fittings
Miscellaneous fabricated metal products....................................................
Farm machinery and equipment
Lawn and garden equipment
Construction machinery...
Mining machinery and equipment
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery.............................................................................
Textile machinery............................................................................................
Printing machinery and equipment..............................................................
Food product machinery................................................................................
Semiconductor machinery.............................................................................
All other industrial machinery.......................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment
Other commercial and service machinery
Air purification equipment.........................
Industrial and commercial fans and blowers
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds..........................................
Metal cutting machine tools......................
Metal forming machine tools........................................................................
Special tools, dies, jigs, and fixtures
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units.......................................................
Other engine equipment...
Pumps and pumping equipment
Air and gas compressors. .
Measuring and dispensing pumps..............................................................
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems........................................
Real estate
(and owner
occupied
dwellings)
Automotive
equipment
rental and
leasing
Consumer
goods and
general
rental
centers
5310
5321
532A
Machinery
and equip
ment rental
and leasing
Lessors of
nonfinancial
intangible
assets
Legal
services
Accounting
and book
keeping
services
Architectural
and engi
neering
services
Specialized
design
services
5324
5330
5411
5412
5413
5414
172,282
4,495
14,360
4,028
53,349
83
16
13
5
566
244
5,429
404
41
10
214
41
14
40
41
73
174
90
192
364
683
130
5
23
4
1
32
19
31
5
1
2
5
721
22,093
1,402
2,294
1
865
9,557
25
37
1
2
2
1
1
6
11
9
6
8
2
2
67
5
36
1
3
194
1,164
3
4
1
2
9
37
13
54
57
10
1
3
2
14
9
1
1
1
12
5
2
81
385
22
6
100
6
1
1
6
23
238
166
12
18
2
1
17
4
1
7
18
2
1
1
222
4
27
1
6
1
2
3
1
2
2
5
36
24
3
13
33
2
29
2
1
30
14
1
2
2
9
5
58
5
7
2
142
169
1
2
1
2
21
45
19
1
3
1
18
8
2
6
34
4
3
22
2
2
3
5
6
8
4
1
2
3
32
7
11
1
6
1
5
3
1
7
8
4
26
1
1
2
6
18
69
13
2003
Su r v e y
of
C u r r e n t B u s in e s s
53
Industries, 1-0 Commodities, 1997— Continued
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
“ 93”
94
95
96
97
98
99
Industrial trucks, trailers, and stackers........................................................
Power-driven handtools.................................................................................
Welding and soldering equipment
Packaging machinery...................
Industrial process furnaces and ovens
Fluid power pumps and motors....
Scales, balances, and miscellaneous general purpose machinery.........
Electronic computers.....................................................................................
Computer storage devices.............................................................................
Computer terminals.......................................................................................
Other computer peripheral equipment.........................................................
Telephone apparatus.....................................................................................
Broadcast and wireless communications equipment................................
Other communications equipment
Audio and video equipment..........................................................................
Electromedical apparatus.
Search, detection, and navigation instruments..........................................
Industrial process variable instruments.......................................................
Totalizing fluid meters and counting devices
Electricity and signal testing instruments
Analytical laboratory instruments............
Irradiation apparatus.................................
Other measuring and controlling devices
Magnetic and optical recording media....
Lighting fixtures..............................................................................................
Electric housewares and household fans...................................................
Household vacuum cleaners........................................................................
Household cooking appliances................
Household refrigerators and home freezers...............................................
Household laundry equipment................
Other major household appliances..........
Electric power and specialty transformers
Motors and generators..............................
Switchgear and switchboard apparatus.......................................................
Relays and industrial controls......................................................................
Storage batteries..........................
Other communication and energy wire
Current-carrying wiring Devices...
Miscellaneous electrical equipment
Automobiles and light trucks......
Heavy duty trucks.........................
Motor vehicle bodies.....................................................................................
Truck trailers......................
Motor homes.....................
Travel trailers and campers
Motor vehicle seating and interior trim........................................................
Aircraft...............................
Aircraft engines and engine parts
Guided missiles and space vehicles...........................................................
Railroad rolling stock.....................................................................................
Ship building and repairing
Boatbuilding.....................
Motorcycles, bicycles, and parts
All other transportation equipment..............................................................
Wood kitchen cabinets and countertops.....................................................
Upholstered household furniture
Nonupholstered wood household furniture.................................................
Metal household furniture..............................................................................
Household furniture, except wood and metal.............................................
Institutional furniture......................................................................................
Wood office furniture.....................................................................................
Custom architectural woodwork and millwork............................................
Office furniture, except wood
Showcases, partitions, shelving, and lockers.............................................
Mattresses.......................................................................................................
Blinds and shades
Laboratory apparatus and furniture.............................................................
Surgical and medical instruments................................................................
Surgical appliances and supplies.................................................................
Dental equipment and supplies....................................................................
Sporting and athletic goods..........................................................................
Lead pencils and art goods
Sign manufacturing
Musical instruments
All other miscellaneous manufactured products.........................................
Wholesale trade ...
Retail trade...........
Air transportation.
Rail transportation
Water transportation
Truck transportation........................................................................................
Software publishers
Telecommunications.......................................................................................
Offices of real estate agents and brokers....................................................
Engineering services......................................................................................
Custom computer programming services....................................................
Computer systems design services............................................................
Noncomparable imports................................................................................
Industry code
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Total new equipment, software, and structures...............................
Real estate
(and owner
occupied
dwellings)
Automotive
equipment
rental and
leasing
Consumer
goods and
general
rental
centers
Machinery
and equip
ment rental
and leasing
Lessors of
nonfinancial
intangible
assets
Legal
services
Accounting
and book
keeping
services
Architectural
and engi
neering
services
Specialized
design
services
5310
5321
532A
5324
5330
5411
5412
5413
5414
35
33
4
14
3
6
15
26
4
1
1
617
218
356
147
5
159
45
30
6
1
11
8
5
1
1
1
6
1
1
645
193
564
196
140
13
8
1
277
519
77
13
171
47
37
37
159
54
5
75
104
143
84
28
23
7
33
3
1
2
8
11
1
1
1
1
24
6
11
1
174
89
47
17
12
10
6
4
7
29
1,090
236
71
18
11
2
670
34
101
10
137
30
7
17
2
3
2
2
2
1
16
15
9
1
1
2
3
2
7
1
1
1
1
1
3
9
27
127
4
3
11
2
10
9
1,214
1,242
136
353
1
1
1
1
1,939
7
1
1
2
1
5
2
17
893
40,440
439
1
19
118
4
2
6
23
3
2
1
2
20
38
283
17
30
69
12
22
10
2
1
118
4
27
6
7
275
4
287
1
1
1
5
1
48
1,036
14
2
97
1
6
2
4
2
1
5
3
547
1
6
1
7
4
7
10
15
24
194
ii
85
114
23
5
121
12
19
84
4
137
49
45
4
22
1
10
15
4
37
62
1
5
6
2
6
13
11
2
17
41
3
2
18
1
88
52
2
9
5
4
158
2
110
8
2
68
39
5
30
71
6
2
6
24
11
311
1
1
1
5
7
19
5
248
134
11
2
15
5
9
403
217
14
3
813
357
38
185
45
7
3
11
1
10
9
31
390
202
30
990
5
97
2
30
1,196
62
25
5,103
184
51
49
91
1
54
172
87
13
101
2
1
1,766
311
3,960
3,821
13,312
37
84
24
124
7
16
1,674
6,953
25
41
2
7
280
314
7
16
127
95
3
49
75
7
103
57
5
45
98
17
17
58
4
1
2
48,323
4,334
10
1
298
449
5,480
35
369
70
13
316,725
2,369
2,477
12
316
7
590
92
20
1
2
53
8
10
2
1,507
Business Investment by Industry
N ovem ber 2003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
r
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining................................................
Drilling oil and gas wells................................................................................
Support activities for oil and gas operations...............................................
Support activities for other mining................................................................
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction..........................................
New residential garden apartments construction.......................................
New high-rise apartments construction.......................................................
New nonfarm residential additions and alterations....................................
New hotels and motels construction............................................................
New dormitory and other group housing construction...............................
New warehouse construction.......................................................................
New garages and service stations construction.........................................
Other new nonfarm buildings construction
New religious facilities construction.......
New hospital construction......................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction............................
New railroad facilities construction..............................................................
New electric utility construction....................................................................
New gas utility facilities construction...........................................................
New petroleum pipelines construction.........................................................
New water supply facilities construction......................................................
New academic facilities construction...........................................................
New libraries, museums and cultural facilities construction.....................
New commercial structures...........................................................................
New farm housing units and additions and alterations..............................
New farm service facilities construction......................................................
New dams and reservoir construction.........................................................
Other new conservation and development construction............................
Other new nonbuilding construction............................................................
New highways, bridges and other horizontal construction.......................
New industrial plants construction...............................................................
New waste treatment plants construction....................................................
New sewer facilities construction..................................................................
New telephone and telegraph construction................................................
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction...................................................................
Nonwoven fabric mills.....................................................................................
Carpet and rug mills.......................................................................................
Wood containers and pallets........................................................................
Manufactured homes, mobile homes..........................................................
Other basic inorganic chemicals..................................................................
Foam products................................................................................................
Other rubber products
Hand and edge tools
Saw blades and handsaws............................................................................
Plate work............
Sheet metal work
Ornamental and architectural metal work..................................................
Power boilers and neat exchangers............................................................
Metal tanks, heavy gauge.............................................................................
Metal cans, boxes, and other containers.....................................................
Hardware.........................................................................................................
Metal valves.....................................................................................................
Fabricated pipe and pipe fittings..................................................................
Miscellaneous fabricated metal products....................................................
Farm machinery and equipment...................................................................
Lawn and garden equipment........................................................................
Construction machinery................................................................................
Mining machinery and equipment................................................................
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery.............................................................................
Textile machinery............................................................................................
Printing machinery and equipment..............................................................
Food product machinery................................................................................
Semiconductor machinery.............................................................................
All other industrial machinery.......................................................................
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment..............................................................................
Industrial and commercial fans and blowers..............................................
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds..............................................................................................
Metal cutting machine tools..........................................................................
Metal forming machine tools........................................................................
Special tools, dies, jigs, and fixtures............................................................
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units.......................................................
Other engine equipment................................................................................
Pumps and pumping equipment...................................................................
Air and gas compressors...............................................................................
Measuring and dispensing pumps..............................................................
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems.......................................
Computer
systems
design and
related
services
5415
Scientific
Management
and techni research and
cal consult development
ing services
services
5416
5417
Advertising
and related
services
5418
23
Other profes Management
sional and
of compa
technical
nies and
services
enterprises
5419
5500
Employment
services
5613
Travel
All other
arrangement administra
and reserva tive and sup
tion services port services
5615
561A
15
11
25
8
1
53
17
49
69
46
46
42
24
25
245
1,022
439
468
175
225
1,134
79
38
1,015
13
12
10
11
5
32
9
5
119
1
3
1
14
1
2
2
1
14
6
1
1
2
5
1
2
1
1
1
2
1
2
6
1
1
6
1
1
3
3
3
8
1
3
8
2
11
13
13
36
50
4
1
12
4
71
2
1
2
9
3
2
3
3
1
18
2
2
32
5
23
92
8
2
i
2
6
20
1
1
2
1
1
2
10
2
2
3
55
7
14
3
5
48
17
6
82
43
4
17
3
57
5
1
1
1
2
9
17
4
1
1
2
2
5
3
2
1
489
597
106
10
5
1
43
1
17
5
29
170
3
30
28
193
14
8
5
112
3
34
5
1
2
1
1
1
2
2
7
3
18
5
10
7
2
3
41
219
381
73
13
75
1
1
3
9
1
1
2
6
1
1
1
3
1
1
11
1
2
12
1
14
4
3
5
1
1
1
3
2
3
2
1
2
1
38
13
48
3
16
2003
Su r v e y
of
C u r r e n t B u s in e s s
55
Industries, l-O Commodities, 1997— Continued
o f doll
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
93
94
95
96
97
98
99
Industrial trucks, trailers, and stackers........................................................
Power-driven handtools.................................................................................
Welding and soldering equipment...............................................................
Packaging machinery....................................................................................
Industrial process furnaces and ovens........................................................
Fluid power pumps and motors....................................................................
Scales, balances, and miscellaneous general purpose machinery.........
Electronic computers.....................................................................................
Computer storage devices.............................................................................
Computer terminals.......................................................................................
Other computer peripheral equipment.........................................................
Telephone apparatus.....................................................................................
Broadcast and wireless communications equipment................................
Other communications equipment...............................................................
Audio and video equipment..........................................................................
Electromedical apparatus..............................................................................
Search, detection, and navigation instruments..........................................
Industrial process variable instruments.......................................................
Totalizing fluid meters and counting devices..............................................
Electricity and signal testing instruments....................................................
Analytical laboratory instruments................................................................
Irradiation apparatus.....................................................................................
Other measuring and controlling devices....................................................
Magnetic and optical recording media.........................................................
Lighting fixtures..............................................................................................
Electric housewares and household fans....................................................
Household vacuum cleaners........................................................................
Household cooking appliances.....................................................................
Household refrigerators and home freezers...............................................
Household laundry equipment.....................................................................
Other major household appliances..............................................................
Electric power and specialty transformers..................................................
Motors and generators..................................................................................
Switchgear and switchboard apparatus
Relays and industrial controls.....
Storage batteries...........................
Other communication and energy wire
Current-carrying wiring Devices...
Miscellaneous electrical equipment
Automobiles and light trucks........................................................................
Heavy duty trucks...........................................................................................
Motor vehicle bodies
Truck trailers..........
Motor homes........
Travel trailers and campers
Motor vehicle seating and interior trim........................................................
Aircraft...................
Aircraft engines and engine parts...............................................................
Guided missiles and space vehicles
Railroad rolling stock.....................
Ship building and repairing...........
Boat building...................................
Motorcycles, bicycles, and parts..
All other transportation equipment
Wood kitchen cabinets and countertops.....................................................
Upholstered household furniture..................................................................
Nonupholstered wood household furniture.................................................
Metal household furniture..............................................................................
Household furniture, except wood and metal.............................................
Institutional furniture......................................................................................
Wood office furniture.....................................................................................
Custom architectural woodwork and millwork............................................
Office furniture, except wood........................................................................
Showcases, partitions, shelving, and lockers.............................................
Mattresses.......................................................................................................
Blinds and shades..........................................................................................
Laboratory apparatus and furniture
Surgical and medical instruments
Surgical appliances and supplies.
Dental equipment and supplies....
Sporting and athletic goods..........
Lead pencils and art goods..........
Sign manufacturing.......................
Musical instruments......................
All other miscellaneous manufactured products.........................................
Wholesale trade............................
Retail trade.....................................
Air transportation...........................
Rail transportation..........................................................................................
Water transportation.......................................................................................
Truck transportation........................................................................................
Software publishers........................................................................................
Telecommunications.......................................................................................
Offices of real estate agents and brokers....................................................
Engineering services......................................................................................
Custom computer programming services....................................................
Computer systems design services............................................................
Noncomparable imports................................................................................
Industry code
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Total new equipment, software, and structures...............................
Computer
systems
design and
related
services
Management
Scientific
and techni research and
cal consult development
ing services
services
5415
5417
5416
5418
7
1
1
Advertising
and related
services
2
Other profes Management
sional and
of compa
technical
nies and
services
enterprises
5419
6
2
5500
Employment
services
5613
All other
Travel
arrangement administra
and reserva tive and sup
tion services port services
561A
5615
8
7
1
1
78
55
1
4
1
3
1
6
1
268
96
4
116
78
56
249
70
3
201
111
66
86
8
6
3
4
3
1
4
1
1
1
2
2
8
13
2
1
6
226
46
46
1
1
1
2
717
200
4
309
1,001
11
11
58
1
56
3
149
44
5
7
669
244
102
1
11
36
55
24
245
115
73
19
2
66
83
26
2
2
12
1
3
3
5
12
1
1
1
1
1
1
4
7
3
1
7
11
45
83
19
1
22
21
26
80
28
411
756
257
3
3
1
1
20
82
1
44
3
19
2
2
1
1
7
7
3
1
1
3
909
403
10
43
1
1
1
1
1
5
9
7
1
2
1
1
1
1
1
1
1
4
8
1
16
2
1
2
1
1
4
1
14
526
3
145
2
26
1
1
76
1,899
19
2
12
23
312
366
17
240
5
305
1
1
1
1
170
5
3
2
3
24
1
4
10
5
11
19
7
69
1
1
2
7
1
4
1
1
2
4
4
3
3
1
7
4
7
32
5
23
24
10
10
1
22
28
2
1
22
1
105
31
72
27
21
55
27
2
2
2
25
49
4
58
1
1
11
1
1
1
3
5
16
2
1
3
17
1
2
10
1
13
7
89
5
181
71
41
26
9
9
56
105
7
238
170
1
10
6
2
1
23
15
1
43
3
1
2
1
15
16
6
27
7
17
6
18
132
5
456
173
18
3
3
223
105
5
3
3
227
84
3
138
77
9
473
246
16
5
3
104
54
1
51
25
6
2
3
188
98
7
3
39
1,325
1,088
51
24
9
637
8
238
5
149
9
165
85
14
451
3
179
42
1,167
37
36
108
63
1,407
10
2
102
1,654
28
3,801
75
24
9,246
2
10
12
27
256
23
4
3,624
3,828
2,286
32
1,011
40
1
1
8
2
1
1
2
120
19
528
5
80
9
27
15
180
17
3
2
334
1,197
119
24
6,768
1,380
615
14,729
Business Investment by Industry
N ovem ber 2 003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
For the composition of capital used by an industry, read the
column for that industry.
.ine
Industry code
T
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
Uranium, radium and vanadium ore mining...............................................
Drilling oil and gas wells................................................................................
Support activities for oil and gas operations..............................................
Support activities for other mining................................................................
New residential 1-unit structures, nonfarm construction
New residential 2 -4 unit nonfarm construction...........
New residential garden apartments construction........
New high-rise apartments construction........................
New nonfarm residential additions and alterations......
New hotels and motels construction.............................
New dormitory and other group housing construction
New warehouse construction..................................................................
New garages and service stations construction.........................................
Other new nonfarm buildings construction
New religious facilities construction......
New hospital construction.....................
New residential institutional and other health facilities........................
New amusement and recreation facilities construction............................
New railroad facilities construction................................
New electric utility construction.....................................
New gas utility facilities construction............................
New petroleum pipelines construction.........................
New water supply facilities construction.......................
New academic facilities construction.............................
New libraries, museums and cultural facilities construction.....................
New commercial structures............................................
New farm housing units and additions and alterations
New farm service facilities construction.......................
New dams and reservoir construction..........................
Other new conservation and development construction..........................
Other new nonbuilding construction..............................
New highways, bridges and other horizontal construction.......................
New industrial plants construction.................................
New waste treatment plants construction....................
New sewer facilities construction..................................
New telephone and telegraph construction..................
Residential maintenance and repair construction.......
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction............
New office building construction...................................................................
Nonwoven fabric mills..............
Carpet and rug mills..................
Wood containers and pallets....
Manufactured homes, mobile homes..........................................................
Other basic inorganic chemicals..................................................................
Foam products................................................................................................
Other rubber products...................................................................................
Hand and edge tools......................................................................................
Saw blades and handsaws............................................................................
Plate work.....................
Sheet metal work..........
Ornamental and architectural metal work..................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge
Metal cans, boxes, and other containers.....................................................
Hardware.......................
Metal valves....................................................................................................
Fabricated pipe and pipe fittings..................................................................
Miscellaneous fabricated metal products...................................................
Farm machinery and equipment..................................................................
Lawn and garden equipment........................................................................
Construction machinery................................................................................
Mining machinery and equipment................................................................
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery.............................................................................
Textile machinery..........
Printing machinery and equipment..............................................................
Food product machinery
Semiconductor machinery
All other industrial machinery
Automatic vending, commercial laundry and drycleaning machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment.............................................................................
Industrial and commercial fans and blowers..............................................
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds..............................................................................................
Metal cutting machine tools...........................................................................
Metal forming machine tools....
Special tools, dies, jigs, and fixtures
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units.......................................................
Other engine equipment...........
Pumps and pumping equipment..................................................................
Air and gas compressors..............................................................................
Measuring and dispensing pumps..............................................................
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems.......................................
Waste man
agement and
remediation
services
Educational
services
Ambulatory
health care
services
5620
6100
6210
Hospitals
Nursing and
residential
care facilities
Social
assistance
Performing
arts, specta
tor sports,
museums,
zoos, and
parks
Amusement,
gambling,
and
recreation
6220
6230
6240
71A0
7130
787
27
1
107
195
10,640
2,114
21
208
8,975
333
65
8
34
55
1,088
2,391
2,148
30
511
6
76
11
145
119
272
469
411
968
369
157
2,004
228
879
1,054
431
524
4
31
57
112
29
20
15
9
1
1
1
1
6
8
2
11
3
4
5
5
4
2
2
3
5
1
2
1
5
11
1
16
3
5
7
14
90
4
7
4
2
6
1
1
2
6
1
9
4
1
21
4
3
46
90
11
7
1
1
2
25
1
6
8
3
9
2
2
1
4
7
41
4
30
46
2
1
29
53
3
8
11
1
8
ii
13
4
55
14
20
2
5
159
3
4
25
11
2
3
1
7
2
2
5
2
5
10
9
2
48
43
298
468
146
82
5
153
71
2
12
9
5
51
78
9
1
13
1
1
4
7
20
10
12
85
281
3
5
3
6
37
14
3
75
45
23
9
5
14
5
20
5
18
15
25
4
33
364
220
2
69
26
3
1
1
44
51
7
3
4
1
2
1
2
1
1
6
1
3
4
4
4
3
14
9
10
1
3
2
13
2
1
14
1
1
9
9
4
3
5
2003
S urvey
of
C u r r e n t B u s in e s s
57
Jsing Industries, l-O Commodities, 1997— Continued
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
For the composition of capital used by an industry, read the
column for that industry.
~93
94
95
96
97
98
99
Industrial trucks, trailers, and stackers........................................................
Power-driven handtools.................................................................................
Welding and soldering equipment................................................................
Packaging machinery....................................................................................
Industrial process furnaces and ovens.......................................................
Fluid power pumps and motors....................................................................
Scales, balances, and miscellaneous general purpose machinery........
Electronic computers....................................................................................
Computer storage devices
Computer terminals.
Other computer peripheral equipment........................................................
Telephone apparatus
Broadcast and wireless communications equipment................................
Other communications equipment..............................................................
Audio and video equipment
Electromedical apparatus
Search, detection, and navigation instruments..........................................
Industrial process variable instruments.......................................................
Totalizing fluid meters and counting devices..............................................
Electricity and signal testing instruments....................................................
Analytical laboratory instruments
Irradiation apparatus
Other measuring and controlling devices...................................................
Magnetic and optical recording media........................................................
Lighting fixtures.......
Electric housewares and household fans...................................................
Household vacuum cleaners
Household cooking appliances....................................................................
Household refrigerators and home freezers...............................................
Household laundry equipment
Other major household appliances.............................................................
Electric power and specialty transformers.................................................
Motors and generators
Switchgear and switchboard apparatus......................................................
Relays and industrial controls......................................................................
Storage batteries....
Other communication and energy w ire.......................................................
Current-carrying wiring Devices...................................................................
Miscellaneous electrical equipment............................................................
Automobiles and light trucks
Heavy duty trucks....
Motor vehicle bodies
Truck trailers....................................................................................................
Motor homes...................................................................................................
Travel trailers and campers..........................................................................
Motor vehicle seating and interior trim
Aircraft................................................
Aircraft engines and engine parts..
Guided missiles and space vehicles
Railroad rolling stock.......................
Ship building and repairing............
Boat building....................................
Motorcycles, bicycles, and parts....
All other transportation equipment.
Wood kitchen cabinets and countertops
Upholstered household furniture....
Nonupholstered wood household furniture
Metal household furniture..............
Household furniture, except wood and metal.............................................
Institutional furniture........................
Wood office furniture.....................................................................................
Custom architectural woodwork and millwork............................................
Office furniture, except wood.......................................................................
Showcases, partitions, shelving, and lockers.............................................
Mattresses........................................
Blinds and shades............................
Laboratory apparatus and furniture
Surgical and medical instruments..
Surgical appliances and supplies...
Dental equipment and supplies......
Sporting and athletic goods.........................................................................
Lead pencils and art goods...........................................................................
Sign manufacturing........................................................................................
Musical instruments.......................................................................................
All other miscellaneous manufactured products........................................
Wholesale trade.............................................................................................
Retail trade......................................................................................................
Air transportation............................................................................................
Rail transportation..........................................................................................
Water transportation
Truck transportation
Software publishers.
Telecommunications
Offices of real estate agents and brokers..................................................
Engineering services
Custom computer programming services..................................................
Computer systems design services............................................................
Noncomparable imports................................................................................
Industry code
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
Total new equipment, software, and structures...............................
Waste man
agement and
remediation
services
Educational
services
Ambulatory
health care
services
5620
6100
6210
33
9
11
4
7
5
1
6
1
3
7
79
3
711
21
1
86
11
220
34
74
49
1
2
1
64
57
4
17
362
2
25
3
21
3
20
3
3
13
27
166
15
3
2
1
4
11
6220
6230
6240
12
10
1
3
111
1
1
10
6
1
2
1
1
1
1
4
215
1,432
7
7
1
1
1
1
1
6
4
1
12
266
160
146
24
21
854
4
1
7
126
717
2
2
7130
3
2
2
3
130
43
4
79
26
83
30
4
13
6
112
1
11
68
27
38
4
24
3
1
1
1
2
1
10
6
6
2
13
2
1
1
2
7
2
38
494
13
10
2
6
27
19
452
2
71A0
3
4
1
Amusement,
gambling,
and
recreation
1
1
1
4
45
4
50
24
45
1
2
1
2
478
296
59
116
Performing
arts, specta
tor sports,
museums,
zoos, and
parks
3
1
101
15
793
330
27
521
418
153
47
32
4,968
51
3
3
5
7
9
72
38
7
4
1
1
3
78
30
4
48
30
61
7
16
6
3
Social
assistance
1
442
192
2
3
4
19
Hospitals
Nursing and
residential
care facilities
2
1
21
108
6
2
4
113
36
1
66
2
2
3
5
3
4
84
5
1
2
2
7
2
7
69
3
6
3
1
4
3
3
6
8
1
6
4
7
5
176
6
2
5
5
24
5
6
2
2
46
24
69
1
45
26
83
35
53
9
24
18
22
6
5
152
6,684
1,457
492
9
29
1
13
13
11
188
9
3
53
104
1
6
72
39
172
89
9
81
185
5
69
546
19
63
346
14
147
1,482
242
700
3
28
25
138
8
2
26
50
33
2
17
1,612
230
41
5
34
3,809
487
116
9
1
11
313
103
9
25
9
5
183
105
3
1
2
31
552
79
709
13
65
1,247
1,258
103
92
12
28
3
43
124
15
4
21
110
41,014
5,617
2,849
7
15
9
3
5
2
8
2
920
357
28
5
20
21
62
955
39
172
9
547
40
2
11
412
430
85
16
3,916
17,472
13,039
102
10
8
5
2
100
8
5
431
15
17
16
150
151
3
23
13
456
406
182
10
8
131
9
71
4
2
64
3
207
77
20
8
10
25
16
63
31
18
1
2
3,635
6,708
Business Investment by Industry
58
N ovem ber 2 003
Table 1. Distribution of New Equipment, Software, and
[Millions
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
Inputoutput
commodity
code
For the composition of capital used by an industry, read the
column for that industry.
Industry code
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
212291
213111
213112
21311A
233511
233512
233513
233514
233515
233516
233517
233523
233524
233525
233526
233527
233528
233529
233532
233533
233534
233535
233536
233543
233544
233545
233551
233552
233572
233573
233574
233612
233621
233624
233625
233631
233701
233703
233706
233722
313230
314110
321920
321991
325180
3261A0
326290
332212
332213
332313
332322
332323
332410
332420
332430
332500
332910
332996
332999
333111
333112
333120
333131
333132
333210
333220
333291
333292
333293
333294
333295
333298
33331A
333313
333314
333315
333319
333411
333412
333415
333511
333512
333513
333514
33351A
333611
333618
333911
333912
333913
333922
333923
Uranium, radium and vanadium ore mining...............................................
Drilling oil and gas wells................................................................................
Support activities for oil and gas operations..............................................
Support activities for other mining................................................................
New residential 1-unit structures, nonfarm construction..........................
New residential 2 -4 unit nonfarm construction..........................................
New residential garden apartments construction......................................
New high-rise apartments construction.......................................................
New nonfarm residential additions and alterations....................................
New hotels and motels construction...........................................................
New dormitory and other group housing construction..............................
New warehouse construction.......................................................................
New garages and service stations construction.........................................
Other new nonfarm buildings construction.................................................
New religious facilities construction..............................................................
New hospital construction.............................................................................
New residential institutional and other health facilities..............................
New amusement and recreation facilities construction.............................
New railroad facilities construction...............................................................
New electric utility construction....................................................................
New gas utility facilities construction...........................................................
New petroleum pipelines construction........................................................
New water supply facilities construction......................................................
New academic facilities construction...........................................................
New libraries, museums and cultural facilities construction.....................
New commercial structures...........................................................................
New farm housing units and additions and alterations..............................
New farm service facilities construction......................................................
New dams and reservoir construction.........................................................
Other new conservation and development construction..........................
Other new nonbuilding construction............................................................
New highways, bridges and other horizontal construction.......................
New industrial plants construction................................................................
New waste treatment plants construction..................................................
New sewer facilities construction.................................................................
New telephone and telegraph construction................................................
Residential maintenance and repair construction.....................................
Farm residential maintenance and repair and major replacement..........
Railroad maintenance and repair construction...........................................
New office building construction...................................................................
Nonwoven fabric mills..............
Carpet and rug mills..................
Wood containers and pallets....
Manufactured homes, mobile homes
Other basic inorganic chemicals
Foam products..........................
Other rubber products...................................................................................
Hand and edge tools......................................................................................
Saw blades and handsaws............................................................................
Plate work.....................
Sheet metal work.........
Ornamental and architectural metal work..................................................
Power boilers and heat exchangers............................................................
Metal tanks, heavy gauge
Metal cans, boxes, and other containers.....................................................
Hardware.......................
Metal valves..................
Fabricated pipe and pipe fittings
Miscellaneous fabricated metal products....................................................
Farm machinery and equipment
Lawn and garden equipment
Construction machinery
Mining machinery and equipment................................................................
Oil and gas field machinery and equipment...............................................
Sawmill and woodworking machinery.........................................................
Plastics and rubber industry machinery......................................................
Paper industry machinery.............................................................................
Textile machinery.........
Printing machinery and equipment.............................................................
Food product machinery
Semiconductor machinery
All other industrial machinery
Automatic vending, commercial laundry and drycleanmg machinery....
Office machinery............................................................................................
Optical instruments and lenses....................................................................
Photographic and photocopying equipment...............................................
Other commercial and service machinery..................................................
Air purification equipment........
Industrial and commercial fans and blowers..............................................
A/C, refrigeration, and forced air heating equipment.................................
Industrial molds.........................
Metal cutting machine tools......
Metal forming machine tools....
Special tools, dies, jigs, and fixlures
Rolling mill and other metalworking machinery..........................................
Turbine and turbine generator set units
Other engine equipment...........
Pumps and pumping equipment
Air and gas compressors.........
Measuring and dispensing pumps..............................................................
Conveyors and conveying equipment..........................................................
Overhead cranes, hoists, and monorail systems.......................................
Accom
modation
7210
Food
services
and drinking
places
Automotive
repair and
maintenance
Electronic,
commercial,
and house
hold goods
repair
Personal and
laundry
services
7220
8111
811A
8120
Religious,
grantmaking Civic, social,
and giving,
professional
and social
and similar
advocacy
organizations
organizations
813A
Total
813B
4,705
9
41
106
25
88
57
88
56
198
822
210
754
39
9,604
11,697
1,196
172,282
4,495
14,360
4,028
53,349
15,966
790
10,865
2,599
5,459
5,623
10,835
4,262
4,071
887
17,763
6,384
835
1,764
9,486
339
37,590
5,429
3,815
444
265
1,049
721
24,833
1,051
401
10,371
22,093
1.402
3,838
46,510
27
239
5
4
21
40
11
2,905
15,966
3
3
5
621
890
344
14
77
12
8
5,623
24
53
1
0
124
9,842
2,040
27
239
58
244
48
295
2
7
1
1
1
1
1
1
1
1
1
7
196
1
10
1
5
22
3
4
8
6
32
6
4
4
44
7
3
121
1
1
12
1
1
3
5
5
2
1
2
1
1
1
4
3
6
4
21
7
40
3
1
10
245
34
14
26
89
1
32
97
15
3
78
14
2
22
1,662
7
7
2,074
5
14
1
212
3
3
7
25
21
1,442
441
412
12,831
4,379
13,555
1.855
1,093
1.229
3,298
2,527
2,104
2,857
2,142
6,349
5.855
1,204
9
57
13
10
1
3
1
3
21
3
10
1
8
21
8
1
2
2
2
5
23
7
168
15
58
301
5
1,435
2,280
346
2,202
202
6
30
1,946
6,761
5.230
683
680
4,401
5,665
6,260
12
2,121
27
56
9
293
1
10
18
6
1
4
3
21
3
22
9
4
3
8
1
2
5
179
1
1
11
8
1
42
95
8
5
3
9
1
6
161
69
9
19
1
6
2
15
5
14
1
1
3
9
22
5
31
14
1
10
1
2
1
3
1
1
2
7,819
3,483
2,019
1.403
3,330
3,423
959
5,062
2,153
N ovem ber 2003
Su r v e y
C u r r e n t B u s in e s s
of
59
Structures to Using Industries, 1-0 Commodities, 1997— Continued
of dollars]
For the distribution of capital to using industries, read the
row for that commodity or category.
Line
Inputoutput
commodity
code
For the composition of capital used by an industry, read the
column for that industry.
Industry code
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
333924
333991
333992
333993
333994
333996
33399A
334111
334112
334113
334119
334210
334220
334290
334300
334510
334511
334513
334514
334515
334516
334517
334519
334613
335120
335211
335212
335221
335222
335224
335228
335311
335312
335313
335314
335911
335929
335931
335999
336110
336120
336211
336212
336213
336214
336360
336411
336412
336414
336500
336611
336612
336991
336999
337110
337121
337122
337124
337125
337127
337211
337212
337214
337215
337910
337920
339111
339112
339113
339114
339920
339942
339950
339992
339999
420000
4A0000
481000
482000
483000
484000
511200
513300
531210
541330
541511
541512
S00300
Industrial trucks, trailers, and stackers........................................................
Power-driven handtools.................................................................................
Welding and soldering equipment................................................................
Packaging machinery....................................................................................
Industrial process furnaces and ovens.......................................................
Fluid power pumps and motors....................................................................
Scales, balances, and miscellaneous general purpose machinery........
Electronic computers....................................................................................
Computer storage devices............................................................................
Computer terminals........................................................................................
Other computer peripheral equipment........................................................
Telephone apparatus.....................................................................................
Broadcast and wireless communications equipment................................
Other communications equipment..............................................................
Audio and video equipment..........................................................................
Electromedical apparatus.............................................................................
Search, detection, and navigation instruments..........................................
Industrial process variable instruments.......................................................
Totalizing fluid meters and counting devices..............................................
Electricity and signal testing instruments....................................................
Analytical laboratory instruments.................................................................
Irradiation apparatus.....................................................................................
Other measuring and controlling devices....................................................
Magnetic and optical recording media........................................................
Lighting fixtures..............................................................................................
Electric housewares and household fans....................................................
Household vacuum cleaners........................................................................
Household cooking appliances....................................................................
Household refrigerators and home freezers...............................................
Household laundry equipment.....................................................................
Other major household appliances.............................................................
Electric power and specialty transformers.................................................
Motors and generators..................................................................................
Switchgear and switchboard apparatus......................................................
Relays and industrial controls......................................................................
Storage batteries............................................................................................
Other communication and energy w ire.......................................................
Current-carrying wiring Devices...................................................................
Miscellaneous electrical equipment............................................................
Automobiles and light trucks........................................................................
Heavy duty trucks...........................................................................................
Motor vehicle bodies.....................................................................................
Truck trailers....................................................................................................
Motor homes...................................................................................................
Travel trailers and campers..........................................................................
Motor vehicle seating and interior trim........................................................
Aircraft..............................................................................................................
Aircraft engines and engine parts................................................................
Guided missiles and space vehicles...........................................................
Railroad rolling stock.....................................................................................
Ship building and repairing..........................................................................
Boat building...................................................................................................
Motorcycles, bicycles, and parts..................................................................
All other transportation equipment..............................................................
Wood kitchen cabinets and countertops.....................................................
Upholstered household furniture..................................................................
Nonupholstered wood household furniture................................................
Metal household furniture.............................................................................
Household furniture, except wood and metal.............................................
Institutional furniture.......................................................................................
Wood office furniture.....................................................................................
Custom architectural woodwork and millwork............................................
Office furniture, except wood.......................................................................
Showcases, partitions, shelving, and lockers.............................................
Mattresses......................................................................................................
Blinds and shades..........................................................................................
Laboratory apparatus and furniture............................................................
Surgical and medical instruments................................................................
Surgical appliances and supplies.................................................................
Dental equipment and supplies....................................................................
Sporting and athletic goods.........................................................................
Lead pencils and art goods..........................................................................
Sign manufacturing........................................................................................
Musical instruments.......................................................................................
All other miscellaneous manufactured products.......................................
Wholesale trade.............................................................................................
Retail trade......................................................................................................
Air transportation............................................................................................
Rail transportation..........................................................................................
Water transportation.....................................................................................
Truck transportation.......................................................................................
Software publishers........................................................................................
Telecommunications.......................................................................................
Offices of real estate agents and brokers..................................................
Engineering services....................................................................................
Custom computer programming services...................................................
Computer systems design services............................................................
Noncomparable imports................................................................................
Total new equipment, software, and structures...............................
Accom
modation
7210
Food
services
and drinking
places
Automotive
repair and
maintenance
Electronic,
commercial,
and house
hold goods
repair
Personal and
laundry
services
7220
8111
811A
8120
Religious,
grantmaking Civic, social,
professional
and giving,
and similar
and social
organizations
advocacy
organizations
813B
813A
13
36
150
1
2
3
42
97
48
4
141
42
4
64
33
36
4
9
2
11
146
81
18
10
117
Total
4,794
2,346
2,398
3,848
2,406
231
3,591
34,230
9,763
634
16,826
29.736
20,901
756
942
6,296
11,279
4,622
1,213
6,859
3,682
2,665
2,233
1
1
128
100
8
103
61
99
11
25
100
468
87
98
1,225
1,306
307
363
2,605
1,507
1,875
1,174
350
245
67
3,652
128,124
13,836
2,351
4,941
123
497
363
13,401
436
81
5,291
1,824
644
89
1,566
580
461
625
173
31
3,957
2.712
243
6,429
6,260
218
380
1,692
9,349
1,913
771
1,065
52
1
13
492
12
41
1,134
3
102
190
3
2,016
4
15
26
5
72
517
4
654
19
16
29
7
531
18
1
1
13
18
7
81
5
376
511
110
13
142
19
2
37
34
173
40
12
909
30
23
57
368
6
54
12
1
140
3
287
1,585
638
41
36
75
348
379
3
9
206
22
4
51
67
62
5
364
193
19
17
58
300
198
10
7
2
12
27
5,269
185
1.713
6,7571
30.822
2,854
1,579
19
5,967
31.736
5,532
5,480
20.823
63,511
3,987
998
66
10
305
324
6
6
174
261
710
82
51
7
20,222
18,108
74
292
30
5,796
1,814
4,012
9,063
1,754
1,324,220
60
Business Investment by Industry
November 2003
Table 2. Distribution of New Equipment and Software
[Millions of dollars at
For the distribution of capital to using industries, read the
row for that commodity or category.
NIPA
line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
Crop
production
Animal
production
Forestry
and logging
Fishing,
hunting
and trapping
Agriculture
and forestry
support
activities
Oil and gas
extraction
Coal mining
Metal ores
mining
Nonmetallic
mineral
mining and
quarrying
Support
activities
for mining
1110
1120
1130
1140
1150
2110
2121
2122
2123
2130
Equipment and softw are 1
4 Computers and peripheral equipment........................................
9 Office and accounting equipment................................................
5 Software..........................................................................................
6 Communication equipment...........................................................
7a Nonmedical instruments and related equipment.......................
8 Photocopy and related equipment...............................................
11 Fabricated metal products............................................................
12 Engines and turbines.....................................................................
13 Metalworking machinery................................................................
14 Special industry machinery, n.e.c.................................................
15 General industrial, including materials handling, equipment....
16 Electrical transmission, distribution, and industrial apparatus..
7b Medical instruments and related equipment...............................
7c Electromedical equipment............................................................
19 Autos................................................................................................
20 Aircraft.............................................................................................
21 Ships and boats..............................................................................
22 Railroad equipment.......................................................................
24 Furniture and fixtures.............
26 Agricultural machinery, including tractors2 ................................
27 Construction machinery, including tractors2..............................
28 Mining and oilfield machinery
29 Service industry machinery..,
30 Electrical equipment, n.e.c...,
31 Other nonresidentiai equipment
18a Light trucks.....................................................................................
18b Trucks, other than light, buses and trailers.................................
33 Residential (landlord durables).....................................................
Total new equipment and software..
345
3
127
59
81
13
213
235
1
138
1
145
19
25
10
201
78
19
1
2
7
8
12
15
15
5
1
5
8
600
29
228
35
38
4
6
20
9
536
5
783
78
575
2
88
18
4
130
105
155
26
5
1
155
6
2
78
92
124
24
196
14
147
13
258
12
103
5
44
31
44
4
13
362
39
176
23
302
43
649
140
34
28
16
60
103
7
50
11,875
265
16
3,008
85
23
44
68
493
25
9
2
1
3
1,269
6,213
773
694
5,820
703
7
39
153
8
22,345
11,371
830
83
7
378
547
1,085
1,007
86
44
47
2
326
68
3
34
106
327
492
11
96
37
22
280
5
536
45
538
32
89
9
46
18
14
8
8
2
7
2
165
39
3
522
15
212
4
1,379
24
2
20
68
100
4
16
766
6
548
23
204
117
509
818
49
4
16
29
213
84
18
430
109
703
578
31
4
59
52
285
5,974
2,985
2,329
2,743
5,193
2,577
40
239
14
167
17
61
15
15
6
11
2
75
309
125
Structures 3
5 Industrial buildings.............................................................................
6 Commercial buildings.......................................................................
9 Religious buildings.............................................................................
10 Educational buildings........................................................................
11 Hospital and institutional buildings...................................................
12 Other nonresidentiai buildings, excluding farm..............................
14 Railroads............................................................................................
15 Telecommunications..
16 Electric light and power
17 Gas..............................
18 Petroleum pipelines...
19 Farm nonresidentiai structures........................................................
21a Petroleum and natural gas, wells.....................................................
21b Petroleum and natural gas exploration...........................................
22 Other mining construction
23 Other nonresidentiai nonbuilding structures..................................
30a Single-family structures, nonfarm....................................................
30b Single-family structures, farm..........................................................
31 Multifamily structures........................................................................
32 Manufactured homes........................................................................
33 Improvements.....................................................................................
34 Other....................................................................................................
35 Brokers’ commissions on the sale of new residential structures.
5
35
1
739
9
2,119
1,696
19,377
1,017
548
28
399
2
6
110
4
19
667
52
351
Total new structures...............................................
2,121
1,702
150
19
739
23,024
652
903
427
592
Total new equipment, software, and structures.
24,466
13,073
980
102
1,505
28,998
3,637
3,232
3,170
5,785
See footnotes at the end of the table.
November 2003
Su r v e y
of
61
C u r r e n t B u s in e s s
to Using Industries by NIPA Category, 1997
purchasers’ prices]
Power
generation
and supply
Natural gas
distribution
Water,
sewage and
other systems
New and
maintenance
and repair
construction
Food
manufacturing
Beverage
manufacturing
Tobacco
manufacturing
Textile
mills
Textile
product mills
Apparei
manufacturing
Leather and
allied product
manufacturing
Wood product
manufacturing
Pulp, paper,
and
paperboard
mills
2211
2212
2213
2300
3110
3121
3122
3130
3140
3150
3160
3210
3221
1,642
182
2,760
171
873
94
2,523
1,558
5
7
629
8,957
313
81
2
1
574
233
521
16
118
431
125
19
74
7
35
26
2
596
393
23
1
93
83
2
484
156
60
2
1,813
93
3,501
1,859
597
350
874
104
245
91
3,622
724
24
791
30
984
117
489
74
533
26
57
1,903
2,840
418
3,104
303
4
11
181
118
94
8
2
2
187
39
63
15
51
7
199
13
72
19
156
8
2
2
32
4
14
1,880
226
55
86
335
592
68
141
91
14
12
75
10
68
1
96
93
9
28
99
6
20
2
23
319
76
18
41
4
36
2
2
3
1
3
67
278
11
2
33
17
11
20
2
2
6
20
5
451
145
35
15
35
36
13
153
3
159
23
97
13
77
13
37
987
562
63
30
21
5
51
70
1
6
1
2
17
1
6
89
NIPA
line
2
472
28
234
36
143
59
188
2,387
1,147
367
2
247
55
15
794
7
382
26
39
29
38
7
63
7
77
508
95
71
72
10,437
136
38
14
25
8
7
2
68
116
41
79
136
3,675
250
10
26
4
30
302
42
352
274
273
6
2
12
12
1
3
24
15
42
14
29
9
15
45
7
5
7
5
101
7
4
18
5
32
29
13
10
2
179
43
174
523
99
439
23,294
3,367
353
5
50
115
19
24,825
2,962
1,850
55,968
10,344
2,398
799
2,759
796
1,056
195
2,654
5,925
6,378
249
54
879
541
1,955
79
331
29
54
15
341
27
94
28
194
25
2
12
23
483
41
415
9
88
11
54
38
113
84
58
20
22
4
9
5
6
7a
8
11
12
13
14
15
16
7b
7c
19
20
21
22
24
26
27
28
29
30
31
18a
18b
33
5
6
9
10
11
12
14
15
11,214
16
6,481
17
18
19
21a
21b
22
2,213
126
23
30a
30b
31
32
33
34
35
1
17,841
6,493
2,267
1,547
2,034
360
69
368
122
219
25
524
424
42,666
9,455
4,117
57,515
12,378
2,758
868
3,127
918
1,275
220
3,178
6,349
62
Business Investment by Industry
November 2003
Table 2. Distribution of New Equipment and Software
[Millions of dollars at
For the distribution of capital to using industries, read the
row for that commodity or category.
NIPA
line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
Converted
paper
product
manufac
turing
Printing and
related
support
activities
Petroleum
and coal
products
manufac
turing
Basic
chemical
manufac
turing
Resin,
rubber, and
artificial
fibers manu
facturing
Agricultural
chemical
manufac
turing
Pharma
ceutical and
medicine
manufac
turing
3222
3230
3240
3251
3252
3253
3254
Other
Soap,
Paint,
cleaning
chemical
coating, and
compound,
product and
adhesive
and toiletry
preparation
manufac
manufacturing manufacturing
turing
3255
3256
3259
Equipment and software1
4 Computers and peripheral equipment..................................................
9 Office and accounting equipment..........................................................
5 Software....................................................................................................
6 Communication equipment.....................................................................
7a Nonmedical instruments and related equipment.................................
8 Photocopy and related equipment.........................................................
11 Fabricated metal products......................................................................
12 Engines and turbines...............................................................................
13 Metalworking machinery.........................................................................
14 Special industry machinery, n.e.c...........................................................
15 General industrial, including materials handling, equipment.............
16 Electrical transmission, distribution, and industrial apparatus...........
7b
7c Electromedical equipment......................................................................
19 Autos..........................
20
21
22 Railroad equipment..
24
26
27
28
29
30
31
18a
18b
33
240
6
304
34
104
30
101
10
143
912
678
57
1
95
2
634
48
458
70
115
143
54
4
14
2,116
597
85
380
3
654
44
438
35
236
71
80
1,028
1,382
179
2
131
1
68
1,138
489
159
647
4
1,003
54
681
154
113
6
6
2
1,549
57
854
97
264
25
80
1,157
859
44
554
58
181
19
243
9
186
18
96
100
106
510
77
2
16
159
235
63
9
2,022
336
4
568
609
104
11
8
66
95
201
2
22
4
264
23
140
30
41
3
26
80
107
13
35
168
311
31
73
128
11
74
14
6
235
2
280
20
261
34
56
5
6
300
221
38
11
138
3
88
30
117
30
5
51
45
58
79
123
57
91
15
26
28
106
11
10
81
3
191
3
Furniture and fixtures...............................................................................
Agricultural machinery, including tractors2 ..........................................
Construction machinery, including tractors 2 ........................................
Mining and oilfield machinery.................................................................
Service industry machinery
Electrical equipment, n.e.c...
Other nonresidential equipment............................................................
Light trucks............................
Trucks, other than light, buses and trailers...........................................
Residential (landlord durables)..............................................................
20
52
41
30
46
110
151
105
39
53
6
21
19
30
15
75
53
25
34
24
8
38
58
45
120
13
4
59
50
16
22
17
7
3
17
5
39
34
19
4
43
25
17
59
61
61
41
18
7
8
46
7
90
158
70
63
95
161
64
36
12
10
Total new equipment and software............................................
3,026
5,072
4,989
8,502
4,173
1,431
3,978
669
1,518
1,680
329
7
668
478
29
2,004
99
336
29
88
22
1,495
56
107
27
219
24
211
24
336
692
507
2,103
365
110
1,551
134
243
251
3,362
5,764
5,496
10,605
4,538
1,541
5,529
803
1,761
1,931
1
Structures3
5 Industrial buildings...................................................................................
6 Commercial buildings..............................................................................
9
40
10
11
12
14
15
16
17
18
19
21a
21b
Electric light and power...........................................................................
Petroleum pipelines..
Petroleum and natural gas, wells...........................................................
Petroleum and natural gas exploration.................................................
22 Other mining construction.......................................................................
23
30a
30b
31
32
33
34
35
Other nonresidential nonbuilding structures.........................................
Single-family structures, nonfarm..........................................................
Single-family structures, farm.................................................................
Multifamily structures
Total new structures....................................................................
See footnotes at the end of the table.
November 2003
Su r v e y
of
63
C u r r e n t B u s in e s s
to Using Industries by NIPA Category, 1997— Continued
purchasers’ prices]
Plastics and
rubber
products
manufacturing
3260
Iron and steel
Nonmetallic
Nonferrous
mills and
mineral
metal
manufacturing
product
production and
from purchased
manufacturing
processing
steel
3270
331A
331B
Foundries
Forging
and stamping
Cutlery
and handtool
manufacturing
Architectural
and structural
metals
manufacturing
Boiler, tank,
and shipping
container
manufacturing
Ordnance
and
accessories
manufacturing
Other
fabricated
metal product
manufacturing
Agriculture,
construction,
and mining
machinery
Industrial
machinery
manufacturing
3315
3321
3322
3323
3324
332A
332B
3331
3332
252
319
153
160
93
71
6
6
2
2
1
1
390
32
324
23
75
452
64
280
26
109
17
477
831
1,284
312
19
155
15
49
145
37
7
24
5
429
203
97
9
54
1,383
3
732
205
281
18
194
14
45
16
517
18
411
107
47
478
3
159
32
47
43
34
26
10
2,978
2,922
540
71
1
112
1
96
101
20
10
201
42
1
152
3
167
18
61
6
52
4
24
3
15
6
26
3
260
10
11
12
21
446
4
274
41
13
8
11
81
1
45
1
74
5
37
3
13
4
187
4
139
20
12
23
3
4
1
17
39
6
1
2
3
89
3
118
3
46
2
1
39
41
168
153
45
21
25
17
8
6
19
47
19
94
124
196
31
45
17
46
35
18
8,071
4,848
3,423
1,028
34
572
59
266
15
14
62
102
1
4
9
5
527
139
126
8
2
2
676
48
194
39
87
26
3,112
52
652
162
232
17
72
232
18
62
12
20
11
5
573
14
261
45
2
408
183
143
35
102
2
44
42
13
14
15
16
7b
7c
19
1
1
20
21
22
9
2
19
NIPA
line
1
23
1
21
13
53
17
2
3
107
42
32
9
10
6
26
10
2
50
19
8
12
2
6
3
11
4
9
45
18
11
1
8
4
25
31
18
4
12
10
8
12
22
11
2,034
1,355
1,056
277
26
173
19
139
18
7
3
1
41
18
75
5
102
19
12
22
6
1
42
9
3
17
46
13
576
1,374
628
117
6,127
1,587
1,371
36
224
65
21
12
17
4
683
65
225
10
339
30
22
4
6
7a
8
11
12
24
26
27
28
29
30
31
18a
18b
33
5
6
9
10
11
12
14
15
16
17
18
19
21a
21b
22
23
30a
30b
31
32
33
34
35
1,062
631
281
303
192
157
46
245
77
21
748
247
369
9,133
5,479
3,704
2,337
1,547
1,213
622
1,619
705
138
6,875
1,834
1,740
64
Business Investment by Industry
November 2003
Table 2. Distribution of New Equipment and Software
[Millions of dollars at
For the distribution of capital to using industries, read the
row for that commodity or category.
NIPA
line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
Commercial
and service
industry
machinery
HVAC and
commercial
refrigeration
equipment
3333
3334
Turbine
Metalworking and power
machinery
transmission
manufac
equipment
turing
manufac
turing
3335
3336
Other
general
purpose
machinery
manufac
turing
Computer
and
peripheral
equipment
manufac
turing
Audio, video,
and commu
nications
equipment
manufac
turing
Semicon
ductor and
electronic
component
manufac
turing
Electronic
instrument
manufac
turing
Magnetic
media
manufac
turing and
reproducing
3339
3341
334A
3344
3345
3346
Equipment and software1
4 Computers and peripheral equipment...................................................
9 Office and accounting equipment..........................................................
5 Software....................................................................................................
6 Communication equipment.....................................................................
7a Nonmedical instruments and related equipment.................................
8 Photocopy and related equipment.........................................................
11 Fabricated metal products......................................................................
12 Engines and turbines...............................................................................
13 Metalworking machinery..........................................................................
14 Special industry machinery, n.e.c...........................................................
15 General industrial, including materials handling, equipment.............
16 Electrical transmission, distribution, and industrial apparatus...........
7b Medical instruments and related equipment.........................................
7c Electromedical equipment......................................................................
19
20 Aircraft.......................................................................................................
21 Ships and boats........................................................................................
22 Railroad equipment.................................................................................
24 Furniture and fixtures...............................................................................
26 Agricultural machinery, including tractors2 ..........................................
27 Construction machinery, including tractors2 ........................................
28 Mining and oilfield machinery.
29 Service industry machinery....
30 Electrical equipment, n.e.c.....
31 Other nonresidential equipment
18a Light trucks...............................
18b Trucks, other than light, buses and trailers...........................................
33 Residential (landlord durables)...............................................................
135
75
2
1
193
15
123
86
45
7
13
3
257
17
17
1
198
13
114
26
11
12
151
30
88
1
11
55
187
3
370
24
99
16
53
7
604
81
99
6
11
20
20
3
453
3
133
53
5
712
18
285
46
181
268
248
113
1,217
76
303
55
17
3
336
63
472
239
2
2
1
46
31
20
33
239
3
392
23
8
1
175
10
1
740
7
1,709
79
173
56
11
1
1
506
6
1
789
9
1,795
99
666
79
39
553
147
8
2
1,386
93
312
64
24
289
25
41
16
6
2
625
7,952
766
394
466
25
366
117
8
128
55
60
26
21
39
26
16
1
22
1
22
1
21
1
3
3
2
120
120
7
178
2
59
130
31
6
6
14
10
17
27
32
98
22
11
6
7
4
12
6
5
12
10
2
2
8
28
9
25
28
61
30
79
47
40
16
20
8
27
7
25
23
26
11
10
20
26
83
67
79
34
12
10
9
41
26
38
16
12
3
943
833
1,706
1,103
1,968
3,914
3,680
13,813
3,734
909
144
16
120
20
196
23
122
18
301
23
528
29
501
89
2,245
226
1,410
29
85
39
Total new structures....................................................................
160
140
219
140
324
557
590
2,471
1,439
124
Total new equipment, software, and structures......................
1,103
973
1,925
1,243
2,292
4,471
4,270
16,284
5,173
1,033
Total new equipment and software............................................
33
1
27
3
14
28
1
1
1
1
31
3
9
Structures3
5 Industrial buildings...................................................................................
6 Commercial buildings..............................................................................
9 Religious buildings...................................................................................
10 Educational buildings...............................................................................
11 Hospital and institutional buildings.........................................................
12 Other nonresidential buildings, excluding farm....................................
14 Railroads...................................................................................................
15 Telecommunications................................................................................
16 Electric light and power...........................................................................
17 Gas.............................................................................................................
18 Petroleum pipelines.................................................................................
19
21a Petroleum and natural gas, wells...........................................................
21b Petroleum and natural gas exploration.................................................
22 Other mining construction
23 Other nonresidential nonbuilding structures.........................................
30a Single-family structures, nonfarm..........................................................
30b Single-family structures, farm.................................................................
31 Multifamily structures...
32 Manufactured homes...
33 Improvements..............
34
35 Brokers' commissions on the sale of new residential structures.......
See footnotes at the end of the table.
November 2003
Su r v e y
of
65
C u r r e n t B u s in e s s
to Using Industries by NIPA Category, 1997— Continued
purchasers’ prices]
Electric
lighting
equipment
manufacturing
Household
appliance
manufacturing
Electrical
equipment
manufacturing
Other
electrical
equipment and
component
manufacturing
Motor
vehicle
manufacturing
Motor vehicle
body, trailer,
and parts
manufacturing
Aerospace
product
and parts
manufacturing
Other
transportation
equipment
manufacturing
Furniture
and related
product
manufacturing
Medical
equipment
and supplies
manufacturing
Other
miscellaneous
manufacturing
Wholesale
trade
Retail trade
3351
3352
3353
3359
3361
336A
3364
336B
3370
3391
3399
4200
4A00
38
48
135
148
311
772
9
1,607
1
1
2
2
2
57
4
34
3
63
5
31
5
180
14
90
10
1
11
1
11
11
2
861
31
226
25
46
92
13
96
26
158
31
106
19
298
25
169
47
217
16
119
13
19
3
513
209
216
53
2,412
5
1,318
152
2
1
13
12
33
39
60
113
2
2
86
517
66
127
34
4,484
341
1,593
272
866
10
135
2,394
287
565
124
51
225
6
1,555
41
605
173
2
21
73
13
27
3
347
17
253
87
2
16
147
4
134
19
45
14
53
5
288
450
321
40
250
4
351
29
95
43
1
195
5
227
25
61
24
37
4
578
243
312
40
3,453
316
3,840
2,090
208
662
553
61
725
126
2,146
305
10
5,187
875
1,908
2,037
59
786
617
19
133
349
1,105
271
44
6
24
3
1
4
3,817
18
2,820
4
66
26
3
411
46
256
62
7
39
1
1
16
313
6
212
3
237
1
1
1
2
5
1
1
14
15
29
38
4
87
40
59
72
72
1,960
4,035
5
5
6
14
51
115
64
23
17
15
16
439
318
5
3
4
8
16
10
9
6
5
15
19
22
32
28
91
10
10
12
9
14
53
13
31
15
5
7
28
3
60
60
40
33
15
4
34
19
22
22
611
184
1,103
3,694
2,125
2,002
12
15
7
37
57
39
14
2
43
38
106
118
45
21
2
446
554
1,115
1,701
5,748
10,706
7,526
1,387
1,796
1,830
1,961
28,450
31,559
49
24
42
20
155
18
239
87
1,374
47
970
65
2,054
33
184
13
308
57
301
14
295
29
4,541
42
34,075
22
6
104
4,331
3,721
834
NIPA
line
4
9
5
6
7a
8
11
12
13
14
15
16
7b
7c
19
20
21
22
24
26
27
28
29
30
31
18a
18b
33
5
6
9
10
11
12
14
15
16
17
18
19
21a
21b
22
23
30a
30b
31
32
33
34
35
73
62
173
326
1,421
1,035
2,087
197
365
315
324
4,541
34,117
519
616
1,288
2,027
7,169
11,741
9,613
1,584
2,161
2,145
2,285
32,991
65,676
November 2003
Business Investment by Industry
66
Table 2. Distribution of New Equipment and Software
[Millions of dollars at
For the distribution of capital to using industries, read the
row for that commodity or category.
NIPA
For the composition of capital used by an industry, read the
column for that industry.
Industry code
Transit and
Air
Rail
Water
Truck
ground
Pipeline
transportation transportation transportation transportation passenger transportation
transportation
4820
4810
4840
4830
4860
4850
Scenic and
sightseeing
transporta
Couriers
and
tion and
support
messengers
activities for
transportation
48A0
4920
Warehousing
and
storage
Newspaper,
book,
and
directory
publishers
4930
5111
Equipment and software1
7a
8
11
12
13
14
15
16
7b
7c
19
General industrial, including materials handling, equipment.............
Electrical transmission, distribution, and industrial apparatus...........
Medical instruments and related equipment.........................................
1,228
19
2,019
10,621
117
133
69
5
42
4
1,466
139
3
Autos..........................................................................................................
110
Computers and peripheral equipment..................................................
Office and accounting equipment
Software..............................................
Communication equipment...............
Nonmedical instruments and related equipment.................................
Photocopy and related equipment...,
Fabricated metal products................
Engines and turbines...............................................................................
20
21
22 Railroad equipment..
24
26
27
28
29
30
31
18a
18b
33
290
2
320
216
16
17
14
25
243
122
1
638
173
2,119
4
275
740
64
6
66
56
15
51
65
49
20
164
4
133
284
12
12
9
62
1
1
1
195
82
167
36
1,295
100
120
2
35
13
37
4
1,652
321
380
13,350
11
328
365
2
8
470
1,453
362
232
17
121
15
56
6
10
22
53
13
14
11
5
315
19
899
270
27
30
61
17
1
3
269
40
173
13
99
84
5
25
24
8
5
348
18
630
31
599
241
3
176
25
3
14
496
244
37
60
42
234
41
44
134
164
64
816
297
91
5
32
119
108
104
279
44
29
30
5
..... 3
44
20
105
304
307
55
32
303
1,284
726
2
2
427
1
400
4,787
59
36
249
92
55
58
60
50
63
14
42
14
96
67
169
21
122
28
36
91
Trucks, other than light, buses and trailers...........................................
179
16
167
625
738
11
126
165
1,261
7,652
35
241
1,096
Total new equipment and software............................................
31,508
6,728
4,639
13,355
2,774
3,172
2,663
5,604
1,296
3,444
195
58
1,193
284
170
2,448
29
254
147
91
482
84
Furniture and fixtures
Agricultural machinery, including tractors2 ..........................................
Construction machinery, including tractors2 ........................................
Mining and oilfield machinery
Service industry machinery
Other nonresidential equipment............................................................
1
6
4
45
424
21
28
21
102
90
48
Structures3
5
6
9
10
11
12
14
15
16
17
18
19
21a
21b
22
23
30a
30b
31
32
33
34
35
640
4,654
268
Electric light and power
960
Petroleum pipelines ..
Petroleum and natural gas, wells
Petroleum and natural gas exploration.................................................
Other mining construction
Other nonresidential nonbuilding structures.........................................
Single-family structures, nonfarm..........................................................
Single-family structures, farm
Multifamily structures
497
Total new structures....................................................................
1,332
4,712
0
1,477
170
3,408
297
254
238
566
Total new equipment, software, and structures......................
32,840
11,440
4,639
14,832
2,944
6,580
2,960
5,858
1,534
4,010
See footnotes at the end of the table.
November 2003
Su r v e y
of
67
C u r r e n t B u s in e s s
to Using Industries by NIPA Category, 1997— Continued
purchasers’ prices]
Software
publishers
Motion picture
and sound
recording
industries
Radio
and television
broadcasting
Cable
networks and
program
distribution
Telecom
munications
5112
5120
5131
5132
5133
563
7
1,638
385
8
8
250
397
470
2,183
39
251
6
1
1
216
1
257
9
20
28
225
Securities,
commodity
contracts,
investments
Insurance
carriers
and
related
activities
Funds, trusts,
and other
financial
vehicles
Real estate
(and owner
occupied
dwellings)
Automotive
equipment
rental and
leasing
5141
5142
52A0
5230
5240
5250
5310
5321
4,612
156
6,530
33,681
280
208
3
393
174
404
9
1,054
397
2
2
1
190
212
32
34
2
12
70
43
3
13
193
1,627
747
59
7
148
5
5
40
17
58
5
3
13
5
16
21
32
64
1
1
70
1,147
471
7
2,692
18
16
492
1,059
11
2
45
4
13
4
28
260
218
98
1
112
2
Monetary
authorities,
credit
intermediation
and
related
activities
1,185
9
626
8,561
5
41
15
13
5
7
Information
services
Data
processing
services
843
14
1
2
1
21
1
5
3
56
11
1
2
103
5
11
24
28
271
47
35
77
218
3
9,042
2,448
6,882
717
3,225
54
1,386
341
3,712
135
4,490
365
5
482
16
5
108
1,055
16
155
85
4
9
5
2
7a
134
7
18
4
8
11
12
21
20
80
126
13
14
15
16
7b
7c
19
5
1,531
59
855
707
5
202
1
200
10
1
NIPA
line
21
1,919
42,817
6
20
21
22
10
189
106
1,300
154
134
430
1
6
6
7
43
162
4
89
39
203
13
61
645
327
3,076
411
77
1,611
10
2
11
5
111
49
42
18
35
15
716
195
607
1
2
35
4
314
41
6
83
1
59
25
2
12
553
106
5
2
258
189
3,049
272
8
79
289
2,873
522
6,217
2,944
2,065
481
308
3,803
11,434
54,527
1,156
2,151
23,832
6,558
13,854
198
1,149
1,341
146
326
9,263
1,427
2,382
358
16,093
1,499
2,562
1
110
6
24
26
27
28
29
30
31
18a
18b
33
48,194
2
5
129
6
9
622
902
10
11
12
1,606
3,337
14
15
16
17
18
19
21a
21b
8,965
22
1,287
172,282
1,449
22,883
13,863
80,824
23
30a
30b
31
32
33
34
35
5,480
481
1,040
1,100
6,092
3,425
3,105
4,903
17,526
10,306
146
326
9,263
1,427
2,383
1,499
300,632
129
64,833
1,302
2,477
33,095
7,985
16,237
1,857
316,725
48,323
Business Investment by Industry
68
November 2003
Table 2. Distribution of New Equipment and Software
[Millions of dollars at
For the distribution of capital to using industries, read the
row for that commodity or category.
NIPA
line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
Consumer
goods and
general
rental
centers
Machinery
and
equipment
rental and
532A
5324
Lessors of
nonfinancial
intangible
assets
5411
5330
Accounting
and
bookkeeping
services
Architectural
and
engineering
services
Specialized
design
services
Computer
systems
design and
related
5412
5413
5414
5415
Management
Scientific
and
research and
technical
development
consulting
services
services
5417
5416
Equipment and softw are 1
5
6
7a
8
11
12
13
14
15
16
7b
7c
19
20
21
22
24
26
27
28
29
30
31
18a
18b
33
Computers and peripheral equipment........................................
Office and accounting equipment................................................
Software..........................................................................................
Communication equipment...........................................................
Nonmedical instruments and related equipment.......................
Photocopy and related equipment...............................................
Fabricated metal products............................................................
Engines and turbines.............
Metalworking machinery........
Special industry machinery, n e c
General industrial, including materials handling, equipment...
Electrical transmission, distribution, and industrial apparatus.
Medical instruments and related equipment..............................
Electromedical equipment............................................................
Autos................................................................................................
Aircraft............
Ships and boats
Railroad equipment
Furniture and fixtures
Agricultural machinery, including tractors2 ................................
Construction machinery, including tractors2 ..............................
Mining and oilfield machinery.......................................................
Service industry machinery..........................................................
Electrical equipment, n.e.c....
Other nonresidential equipment
Light trucks..............................
Trucks, other than light, buses and trailers................................
Residential (landlord durables)....................................................
Total new equipment and software..
397
78
179
302
4
46
31
316
1,412
24
596
185
6
167
58
1
927
29
1,434
103
2
13
11
336
15
4
1
158
12
1
2,810
31
173
6,200
195
35
311
581
554
45
7
6
1,677
16
4,497
1,134
7
112
8
1
665
17
1,272
162
96
119
10
1
599
9
1,336
155
381
168
19
2
11
113
195
39
413
128
207
71
28
258
16
43
261
282
5
478
298
"28
561
21
13
1,109
9
184
144
297
15
148
6
210
200
154
17
41
55
18
15
76
116
27
19
52
""36
1,072
596
134
26
46
50
249
57
3,856
1,548
211
3,538
3,403
12,615
1,332
478
218
100
406
405
697
170
"125
239
5
54
63
196
62
16
45
5
111
49
1
112
1
1
122
1
8,184
3,136
3,291
1,039
488
537
Structures3
9
10
11
12
14
15
16
17
18
19
21a
21b
22
23
30a
30b
31
32
33
34
35
Industrial buildings.............................................................................
Commercial buildings
Religious buildings....
Educational buildings.
Hospital and institutional buildings...................................................
Other nonresidential buildings, excluding farm..............................
Railroads............................................................................................
Telecommunications.........................................................................
Electric light and power....................................................................
Gas..............................
Petroleum pipelines...
Farm nonresidential structures
Petroleum and natural gas, wells.....................................................
Petroleum and natural gas exploration...........................................
Other mining construction
Other nonresidential nonbuilding structures..................................
Single-family structures, nonfarm....................................................
Single-family structures, farm
Multifamily structures..
Manufactured homes..
Improvements............
Other....................................................................................................
Brokers’ commissions on the sale of new residential structures.
23
Total new structures...............................................
478
218
100
422
418
697
175
1,062
488
537
Total new equipment, software, and structures.
4,334
1,766
311
3,960
3,821
13,312
1,507
9,246
3,624
3,828
See footnotes at the end of the table.
November 2003
Su r v e y
of
69
C u r r e n t B u s in e s s
to Using Industries by NIPA Category, 1997— Continued
purchasers’ prices]
Advertising
and related
services
Other
professional
and technical
services
Management
of companies
and
enterprises
Employment
services
Travel
arrangement
and
reservation
services
All other
administrative
and support
services
Waste
management
and
remediation
services
Educational
services
Ambulatory
health care
services
5418
5419
5500
5613
5615
561A
5620
6100
6210
472
23
434
229
198
8
1,620
39
1,909
246
34
327
18
293
11
372
90
199
92
14
292
11
1
22
12
84
37
9
26
44
16
13
11
8
22
3
2
1
122
2
55
42
177
7
102
121
10
2
11
184
6
239
138
66
24
47
36
Social
assistance
6220
6230
6240
1,393
33
1,566
161
186
163
30
16
1,265
46
1,028
398
371
802
9
4
2,277
59
2,034
735
483
221
1,102
83
57
17
20
1
18
75
41
814
602
71
4
4
5
39
36
3,424
1,919
311
79
21
202
88
14
28
23
773
138
56
3
2
89
472
21
10
5
154
70
1,396
74
78
4
1
2
1
2
1
71A0
347
17
35
169
4
9
5
1
7a
105
16
3
38
18
4
8
11
12
10
26
28
12
2
100
2
1
1
20
82
454
115
56
58
Performingarts,
spectator
sports,
NIPA
museums,
zoos, and parks line
274
13
266
15
163
132
1
9
2
301
2,381
163
1,778
1,214
24
383
185
44
Hospitals
Nursing and
residential
care facilities
10,597
7,951
200
1
11
1
65
33
7
11
192
81
521
121
44
857
59
462
479
604
151
186
194
4
66
3
2
1
127
130
14
1
10
2
2
4
8
1
42
15
137
7
649
2,540
748
23
23
14
81
463
535
469
82
838
112
49
26
54
9
204
198
24
460
28
585
359
14
253
40
255
67
7
103
13
362
63
45
301
41
7
17
8
81
43
14
2
41
105
120
25
6
13
14
15
16
7b
7c
19
20
21
22
24
26
27
28
29
30
31
18a
18b
33
1
74
103
9
2,050
1,372
5,567
1,269
551
13,416
2,371
7,107
10,763
27,884
2,445
1,668
1,293
221
271
1,176
103
63
1,260
577
21
222
2,080
30
239
1,024
1,173
703
6
517
10
11
12
121
1
1
11
5
9
9,308
15
11
25
8
1
195
27
53
1
12,754
107
2,148
8
1,122
14
15
16
17
18
19
21a
21b
22
23
30a
30b
31
32
33
34
35
968
787
236
2,286
282
1,654
1,201
6,768
111
1,380
64
615
1,313
14,729
1,545
10,365
3,916
17,472
2,276
13,130
3,172
1,181
2,342
13,039
41,014
5,617
2,849
3,635
70
Business Investment by Industry
November 2003
Table 2. Distribution of New Equipment and Software to Using Industries by NIPA Category, 1997— Continued
[Millions of dollars at purchasers’ prices]
For the distribution of capital to using industries, read the
row for that commodity or category.
NIRA
line
For the composition of capital used by an industry, read the
column for that industry.
Industry code
Amusements,
gambling,
and recreation
Accommo
dation
Food services
and drinking
places
Automotive
repair and
maintenance
Electronic,
commercial,
and
household
goods repair
Personal and
laundry
services
Religbus,
grantmaking
and giving,
and social
advocacy
organizations
Civic, social,
professional
and similar
organizations
7130
7210
7220
8111
811A
8120
813A
813B
Total
Equipment and software1
4 Computers and peripheral equipment...................................................
9 Office and accounting equipment..........................................................
5 Software....................................................................................................
6 Communication equipment.....................................................................
7a Nonmedical instruments and related equipment.................................
8 Photocopy and related equipment
11 Fabricated metal products
12 Engines and turbines....
13 Metalworking machinery
14 Special industry machinery, n.e.c...........................................................
15 General industrial, including materials hanaling, equipmem.............
16 Electrical transmission, distribution, and industrial apparatus...........
7b Medical instruments and related equipment.........................................
7c Electromedical equipment......................................................................
19 Autos......
20 Aircraft...
21 Ships and boats........................................................................................
22 Railroad equipment.................................................................................
24 Furniture and fixtures...............................................................................
26 Agricultural machinery, including tractors2 ..........................................
27 Construction machinery, including tractors2 ........................................
28 Mining and oilfield machinery...
29 Service industry machinery......
30 Electrical equipment, n.e.c........
31 Other nonresidential equipmenl
18a Light trucks.................................
18b Trucks, other than light, buses and trailers...........................................
33 Residential (landlord durables)...............................................................
Total new equipment and software............................................
257
19
37
109
4
11
42
11
11
57
270
27
205
141
5
49
37
24
16
62
35
429
160
364
283
211
33
351
19
116
39
3
15
63
11
1
314
110
280
230
548
96
68
10
150
7
160
30
3
40
345
21
463
28
354
223
12
20
1
208
93
7
531
27
5
3
243
41
3
115
17
84
93
9
77
32
36
31
17
16
5
188
314
45
133
221
182
62
45
6
1
2
3
1
62
91
12
21
1,281
176
74
189
1,918
2,293
213
85
152
527
7
3
87
15
19
1
4,975
178
1,285
202
1
33
9
279
65
381
466
15
336
49
13
85
54
510
5
251
65
355
551
71
2,858
4,114
12,512
4,497
1,561
993
110
4,965
955
239
2,446
15,995
621
344
320
4
1,668
74
2,101
1
8
27
158
30
21
414
287
2
101
8
22
4
3,007
3,193
904
928
235
5,623
842
77
12
8
81,598
5,721
97,988
80,154
16,555
12,640
10,603
3,754
29,543
32,851
43,295
19,359
15,893
10,659
75,149
15,049
2,630
5,779
30,039
15,405
19,275
4,400
14,917
3,667
29,084
69,591
23,990
6,217
775,805
Structures3
5 Industrial buildings................
....................... ................................
6 Commercial buildings
9 Religious buildings
10 Educational buildings...............................................................................
11 Hospital and institutional buildings.........................................................
12 Other nonresidential buildings, excluding farm....................................
14 Railroads...................................................................................................
15 Telecommunications................................................................................
16 Electric light and power...........................................................................
17 Gas.............................................................................................................
18
19 Farm nonresidential structures...............................................................
21a Petroleum and natural gas, wells...........................................................
21b Petroleum and natural gas exploration
22 Other mining construction
23 Other nonresidential nonbuilding structures.........................................
30a Single-family structures, nonfarm..........................................................
30b Single-family structures, farm
31 Multifamily structures....
32 Manufactured homes....
33
34 Other...........................................................................................................
35 Brokers’ commissions on the sale of new residential structures.......
10
14
4,922
37,811
89,206
5,623
9,825
15,097
25,496
12,302
11,214
6,481
969
3,815
19,925
1,045
1,417
5,695
172,282
1,449
22,883
13,864
411
80,824
3
790
5,480
Total new structures....................................................................
3,850
16,108
5,596
1,299
253
1,005
5,870
850
548,415
Total new equipment, software, and structures......................
6,708
20,222
18,108
5,796
1,814
4,012
9,063
1,754
1,324,220
1. The line numbers correspond to the line numbers in NIPA "Table 5.8. Private Fixed Investment in Equipment and Software by Type."
2. Includes tractors, which is a separate line in the NIPAs.
3. The line numbers correspond to the line numbers in NIRA “Table 5.6. Private Fixed Investment in Structures by Type.”
Note . NIPA line numbers followed by a letter indicate that detail has been added to the NIPA line.
nira National income and product accounts.
E c o n o m is ts , a c c o u n t a n t s , a n d in fo r m a tio n te c h n o lo g y s p e c ia li s t s , t h e
B u r e a u o f E c o n o m ic A n a ly s is (B E A ) h a s a r o le fo r y o u .
C o m e w o rk fo r a to p -n o tc h F e d e ra l s ta tis tic a l a g e n c y :
* A r e c e n t F e d e ra l e m p lo y e e su rv e y n a m e d B E A a s a n
“ e m p lo y e r o f c h o i c e ,” r a n k in g u s a m o n g t h e t o p fiv e a g e n c i e s
• A r e c e n t G o v e r n m e n t-w id e a s s e s s m e n t o f p r o g r a m
r a n k e d B E A in t h e t o p
1 p e rce n t o f th e p ro g ra m s
e ffe c tiv e n e s s
a ssessed
B E A ’s w o r k m a k e s a d i f f e r e n c e . I t i s a w o r ld l e a d e r in p r o d u c i n g v i t a l
e c o n o m ic s t a t is t ic s t h a t in flu e n c e d e c is io n s b y g o v e r n m e n t o ffic ia ls ,
b u s in e s s le a d e r s , a n d h o u s e h o ld s .
G r o s s d o m e s t i c p r o d u c t (G D P )
P e r s o n a l in c o m e , s p e n d in g , a n d s a v in g
In d u s tr y in p u t a n d o u tp u t
In te r n a tio n a l t r a n s a c tio n s
a n d in v e s tm e n t
S t a t e a n d lo c a l a r e a p e r s o n a l in c o m e
B E A h a s im m e d ia te o p e n in g s fo r
b o th e n tr y -le v e l a n d a d v a n c e d
p o s itio n s .
F o r m o r e in fo r m a tio n , v is it o u r W e b s ite .
www.bea.gov
72
November 2003
R eco nciliation of th e U .S .-C anadian C u rren t A cco unt,
2001 and 2002
B y P a tr ic ia A b a r o a , E d w a r d D o z ie r , a n d D e n is C a r o n
N a reconciled basis, the U.S. deficit, or Canadian
surplus, is $39.1 billion for 2001 and $38.0 billion
for 2002 (chart 1, table l ) . 1 The U.S.-published current-account balance with Canada is a U.S. deficit o f
$28.1 billion for 2001 and a U.S. deficit o f $30.4 billion
for 2002; the corresponding Canadian-published bal
ance is a Canadian surplus (U.S. deficit) o f $37.0 bil
lion for 2001 and a Canadian surplus (U.S. deficit) o f
$38.3 billion for 2002.2
This article presents the results o f the reconciliation
o f the bilateral current-account estimates o f Canada
and the United States for 2001 and 2002.3 The details
o f the current-account reconciliation for 2001 and
2002 are presented in the tables that follow this article.
Tables 2.1 and 2.2 show the details o f the m ajor types
O
1. T h e r e c o n c ile d e s tim a te s a re in t e n d e d to s h o w h o w th e c u r r e n t a c c o u n t e s tim a te s w o u ld a p p e a r i f b o t h c o u n tr ie s u s e d th e s a m e d e f in it io n s ,
m e th o d o lo g ie s , a n d d a ta s o u rc e s. I n th is a r tic le , a ll v a lu e s a re e x p re s s e d in
U .S . d o lla rs .
2 . F o r th is y e a r ’s r e c o n c ilia t io n , th e U .S . d e f ic it f o r 2 0 0 1 is re v is e d f r o m
t h e p r e v io u s ly p u b lis h e d d e f ic it o f $ 2 6 .5 b il li o n u s e d in la s t y e a r ’s r e c o n c ili
a tio n , a n d th e C a n a d ia n s u rp lu s f o r 2 0 0 1 is re v is e d f r o m th e p re v io u s ly
p u b lis h e d s u rp lu s o f $ 4 2 .5 b il li o n u s e d in la s t y e a r ’s r e c o n c ilia t io n .
o f reconciliation adjustments— definitional, m ethod
ological, and statistical— that were made to the m ajor
current-account components. Tables 3.1 and 3.2
present the published estimates, the estimates on a
com m on basis (after the estimates have been adjusted
for definitional and methodological differences), the
reconciled estimates, and the amounts o f the adjust
ments for each m ajor current-account component. Ta
bles 4 -7 present the reconciliation details for goods,
services, and investment incom e.4
3 . T h e r e c o n c ilia t io n o f th e c u r r e n t a c c o u n t h a s b e e n u n d e r t a k e n e a c h
y e a r s in c e 1 9 7 0 . S u m m a r y re s u lts o f th e re c o n c ilia tio n s w e r e p u b lis h e d in
th e U n it e d S ta te s in th e f o llo w in g issues o f t h e S u rv e y o f C u r r e n t Business:
J u n e 1 9 7 5 , S e p te m b e r 1 9 7 6 a n d 1 9 7 7 , D e c e m b e r 1 9 7 9 , J u n e 1 9 8 1 , a n d e a c h
D e c e m b e r o f 1 9 8 1 - 9 1 . C o m p le t e d e ta ils o f th e r e c o n c ilia tio n s f o r 1 9 9 0 f o r
w a r d w e r e p u b lis h e d in th e f o llo w in g issues o f th e S u rv e y : N o v e m b e r 1 9 9 2 ,
each O c to b e r o f 1 9 9 3 -9 5 , a n d each N o v e m b e r o f 1 9 9 6 -2 0 0 2 . In C a n a d a ,
th e re s u lts w e r e p u b lis h e d in th e f o llo w in g issues o f C a n a d a ’s B a la n c e o f
In t e r n a t io n a l P a y m e n ts (c a ta lo g u e 6 7 - 0 0 1 ) , a p u b lic a tio n o f S ta tis tic s C a n
ada: F o u r th Q u a r te r 1 9 7 3 , S ec o n d Q u a r te r 1 9 7 6 a n d 1 9 7 7 , T h ir d Q u a r te r
1 9 7 8 a n d 1 9 7 9 , F ir s t Q u a r t e r 1 9 8 1 , a n d e a c h T h i r d Q u a r t e r o f 1 9 8 1 - 2 0 0 2 .
4 . F o r th e r e c o n c ilia t io n , s o m e o f th e d e ta ils p re s e n te d in th e ta b le s in th is
a r tic le d if f e r f r o m th o s e p r e s e n te d in th e b a la n c e -o f - p a y m e n t s ta b le s r e g u
la r ly p u b lis h e d b y th e U .S . B u r e a u o f E c o n o m ic A n a ly s is a n d b y S ta tis tic s
C anada.
This article will also be published in Canadas Bal
ance o f International Payments, Third Q uarter 2003.
Table 1. Major U.S.-Canadian Balances
[Billions of U.S. dollars]
Chart 1. U.S.-Canadian Current-Account Balance
Published estim ates
Reconciled estim ates
Billion U.S. $
United
States
15
PUBLISHED
■U.S. estimates
& Canadian estimates
RECONCILED
Canada
United
States
Canada
2001
G oods and servic es...............................................
G o o d s ...................................................................
S ervices................................................................
-15
-4 8 .7
-5 5 .5
6.8
58.6
62.7
^ .1
-5 9 .5
-6 3 .7
4.2
59.5
63.7
-4 .2
Inco m e.......................................................................
21.4
-2 3 .8
21.4
-2 1 .4
Current unilateral tra n s fe rs ..................................
- 0 .8
2.2
-0 .9
0.9
Current account.....................................................
-28.1
37.0
-39.1
39.1
-45.1
-5 0 .9
5.8
55.0
58.6
-3 .6
-5 6 .0
-59.1
3.1
56.0
59.1
-3.1
-1 8 .5
2002
-30
Goods and se rvic e s...............................................
G o o d s ...................................................................
S ervic es................................................................
Inco m e.......................................................................
15.3
-1 8 .9
18.5
-45
Current unilateral tra n s fe rs ..................................
-0 .6
2.2
-0 .5
0.5
Current account....................................................
-30.4
38.3
-38.0
38.0
2001
Note.
2002
2001
Balance shown is net northbound; a U.S. deficit is a Canadian surplus.
U.S. Bureau of Economic Analysis
2002
A U.S. surplus (+) is a Canadian deficit (-), and a Canadian surplus (+) is a U.S. deficit ( Details may not add to totals because of rounding.
N ote.
November 2003
R e c o n c ile d
Su r v e y
C u r r e n t-A c c o u n t
of
C u r r e n t B u s in e s s
73
B a la n c e s
In the U.S. current account, the reconciliation adjust
ments result in an increase of $11.0 billion in the U.S.
deficit for 2001 and an increase of $7.6 billion in the
U.S. deficit for 2002. In both years, the increases reflect
larger upward adjustments to the U.S. southbound es
timates than to the U.S. northbound estimates (tables
2.1 and 2.2).5 The largest increases in the U.S. south
bound estimates result from the addition of Canadian
reexports to U.S. goods imports (a definitional adjust
m ent), from the valuation of U.S. natural gas imports
to include inland freight (a definitional adjustment),
from an increase for undercoverage of some south
bound services (a statistical adjustment), and for 2001,
from adjustments for statistical differences in direct
5.
I n th is a r t ic le , th e t e r m “ n o r t h b o u n d ” re fe rs t o U .S . e x p o rts o f g o o d s
a n d s e rv ic e s , U .S . in c o m e re c e ip ts , a n d c u r r e n t u n ila te r a l tra n s fe rs t o th e
U n it e d S ta te s, a n d it re fe rs t o C a n a d ia n im p o r t s o f g o o d s a n d s ervic es ,
C a n a d ia n in c o m e p a y m e n ts , a n d c u r r e n t u n ila te r a l tra n s fe rs f r o m C a n a d a .
T h e t e r m “ s o u t h b o u n d ” re fe rs t o U .S . im p o r t s o f g o o d s a n d s e rv ic e s , U .S .
in c o m e p a y m e n ts , a n d c u r r e n t u n ila t e r a l tra n s fe rs f r o m th e U n it e d S ta te s,
a n d i t re fe rs to C a n a d ia n e x p o rts o f g o o d s a n d s e rv ic e s , C a n a d ia n in c o m e
re c e ip ts , a n d c u r r e n t u n ila te r a l tra n s fe rs t o C a n a d a .
Acknowledgments
The reconciliations were carried out under the direc
tion of Denis Caron, Chief, Current Account, in Sta
tistics Canada’s Balance of Payments Division; Patricia
Abaroa and Edward Dozier, international economists
in BEA’s Balance of Payments Division; and Anthony
DiLullo, former Assistant Chief of BEA’s Balance of
Payments Division and currently serving as a consult
ant to BEA. At Statistics Canada, Denis Caron was
responsible for reconciling Canadian goods and ser
vices, firic Simard for Canadian direct investment
income, and Robert Theberge for Canadian portfolio
investment income, with the collaboration and assis
tance of Brian Andre, Heather Collier, and Jacqueline
Dickie. At BEA, Patricia Abaroa was responsible for
reconciling the U.S. portfolio income accounts; Mark
New, for the accounts related to U.S. direct investment
in Canada; Gregory Fouch, for the accounts related to
Canadian direct investment in the United States; MaiChi Hoang, for goods; and Michael Mann and
Edward Dozier, for services, with the assistance of
Mary-Frances Styczynski for financial services.
Note on the U.S.-Canadian Current-Account Reconciliation
The U.S.-Canadian current-account reconciliation, which
explains the differences between the estimates of the bilateral
current account published by the U.S. Bureau of Economic
Analysis (BEA) and those published by Statistics Canada, is
undertaken because of the extensive economic links between
Canada and the United States. The reconciled estimates are
intended to assist analysts who use both countries’ statistics
and to show how the current-account estimates would appear if
both countries used common definitions, methodologies, and
data sources.1
In principle, the bilateral current account of one country
should mirror the bilateral current account of the other coun
try. Differences occur in the published estimates of the U.S. and
Canadian current accounts because of variations in the defini
tions, methodologies, and statistical sources that are used by
each country. Some of the differences for 2002 are in compo
nents of the current account for which data are still preliminary
and subject to revision; these differences may be eliminated
when final data for these components become available.
1. A d e t a ile d a rt ic le o n th e m e t h o d o lo g y w a s p u b lis h e d b y B E A i n “ R e c o n c ili
a tio n o f t h e U .S .- C a n a d ia n C u r r e n t A c c o u n t ” in th e N o v e m b e r 1 9 9 2 S u rv e y
a n d b y S ta tis tic s C a n a d a in R e c o n c ilia tio n o f th e C a n a d ia n - U n it e d S ta te s C u r r e n t
A c c o u n t, 1 9 9 0 - 1 9 9 1 . S ta tis tic s C a n a d a a ls o p u b lis h e d a s h o r te n e d v e r s io n in th e
D e c e m b e r 1 9 9 2 C a n a d ia n E c o n o m ic O b s e rv e r a n d in C a n a d a ’s B a la n c e o f In t e r
n a t io n a l P a y m e n ts , T h ir d Q u a r t e r 1 9 9 2 .
The longstanding Canadian-U.S. current-account reconcilia
tion is among the leading examples of the benefits of interna
tional data exchanges. As a result of the reconciliation process
and the exchange of data, the accuracy of the published esti
mates of transactions between Canada and the United States
and the efficiency in producing the estimates have increased.
The exchange of data between Canada and the United States—
for transactions such as trade in goods, travel, passenger fares,
Canadian and U.S. Government transactions, and some large
transportation transactions—covers more than 80 percent of
the value of the Canadian and U.S. current account and has
eliminated some of the differences in the Canadian- and U.S.published estimates.
Although the U.S.- and Canadian-published estimates are
reconciled and there is extensive exchange of data between
Canada and the United States, differences in the published esti
mates remain. Complete substitution of the reconciled esti
mates for published estimates and complete exchange of data
are not feasible for several reasons. For trade in goods, imports
in the U.S. accounts would be affected because the United
States attributes Canadian reexports to the country of origin
rather than to Canada, the last country of shipment. For some
accounts, the protection of the confidentiality of the source
data bars the exchange of data. Finally, a few differences are
attributable to different requirements for integrating the inter
national and national (domestic) accounts in each country.
74
U.S.-Canadian Current-Account Reconciliation
investment income. The largest increases in the U.S.
northbound estimates result from upward adjustments
to investment income for undercoverage of income on
U.S. holdings of Canadian bonds (definitional and sta
tistical adjustments).
In the Canadian current account, the reconciliation
adjustments result in an increase of $2.1 billion in the
2001 Canadian surplus and in a decrease of $0.3 billion
in the 2002 Canadian surplus. In both years, the
changes to the Canadian surplus reflect downward ad
justments to both southbound estimates and north
bound estimates. For 2001, the increase reflects a larger
downward adjustment to the Canadian northbound
estimate than to the Canadian southbound estimate,
and for 2002, the decrease reflects a larger downward
November 2003
adjustment to the Canadian southbound estimate than
to the Canadian northbound estimate. In both years,
the Canadian southbound estimates were adjusted
downward to account for definitional differences,
mainly in unilateral transfers; to account for method
ological differences, mainly the netting of Canadian
bank claims and liabilities in “other” investment in
come; and downward adjustments to account for sta
tistical differences, mainly in direct investment
income. In the Canadian northbound estimates for
both years, downward adjustments for definitional and
methodological differences were mainly in “other” in
vestment income, and downward adjustments for sta
tistical differences were mainly in “other” services.
Although the methodological adjustments explain part
Table 2.1. Summary of Reconciliation Adjustments, Northbound, 2001
[Millions of U.S. dollars]
Definitional
Methodological
Reclassification
United
States
Goods, balance of payments basis.
Valuation adjustments.......................................................................
Reclassification of equipment repairs from unaffiliated services..
Statistical adjustments......................................................................
Services.
Canada
125
-198
125
-198
United
States
Statistical
Canada
United
States
Canada
264
229
-2 7
-500
-264
-6 9
790
569
Income.
Direct investment........................................................
Valuation adjustments...........................................
Reclassification of dividends to “other” income.
Adjustment of interest income to a net basis....
Statistical adjustments.........................................
Other investment.............................................................................................
Interest adjustment for coverage of U.S. holdings of Canadian bonds
Other valuation adjustments.....................................................................
Reclassification of dividends from direct investment..............................
Adjustment of interest income to a net basis..........................................
Statistical adjustments...............................................................................
-394
-9 4
-9 4
Valuation adjustments.......................................
Adjustment of U.S. transfers to a gross basis..
Statistical adjustments......................................
Total adjustments..
-198
229
-580
478
-333
186
-901
-131
30
659
569
30
212
-1,054
-362
11
11
-300
-300
30
-131
91
-61
-61
91
-61
1,092
118
-454
-1,925
-244
118
-1,925
-362
118
-281
974
1,412
293
-692
-281
10
11
-3 8
-3 8
1,412
59
-692
974
-3 8
-3 8
59
2,253
-3,593
69
-9 4
-9 4
-491
-491
-2 6
-1,204
-202
-481
.........59
-4,804
-113
-269
1,292
-363
-9 4
-269
1,292
-269
662
-491
-2 6
-113
1,292
534
-398
1,677
1,583
764
534
-398
-1,204
-2,073
-1,204
-2,073
49
-907
-2,186
1,021
-5,547
-1,475
-1,627
26
-2,073
-398
81
144
-481
-202
-481
297
49
49
-4,772
-1,204
534
12
297
297
2,149
59
1,314
69
-481
831
-300
-281
1,412
906
26
-202
-1,925
265
-113
26
-1,129
-2,019
-9 4
-2,186
-2 6
-3,102
-1,475
-1,627
198
-106
212
-281
-692
......30
-422
-422
-61
974
2,347
1,583
764
-580
221
-362
Compensation of employees..
Current unilateral transfers.........
-779
125
264
229
212
-2 7
Canada
618
-422
-422
-106
-106
United
States
-580
-131
Other transportation........................................................................................
Valuation adjustments................................................................................
Reclassification of transportation services from unaffiliated services
Statistical adjustments...............................................................................
U.S. military sales.............
Valuation adjustments..
Statistical adjustments.
Canada
221
Passenger fares...............
Statistical adjustments.
Unaffiliated....................................................................................
Valuation adjustments.............................................................
Reclassification of transactions to or from other accounts..
Statistical adjustments............................................................
United
States
264
Travel..
Reclassification of education from unaffiliated services.............
Reclassification of medical services from unaffiliated services..
Statistical adjustments....................................................................
Other services..................................................................................................
Affiliated.......................................................................................................
Valuation adjustments............................................................................
Reclassification of film rentals and courier services to unaffiliated
services...............................................................................................
Statistical adjustments...........................................................................
Total
Gross or net
-7
2,262
-6,965
November 2003
S u rvey
of
C u rren t B
of the total adjustments to the northbound and the
southbound estimates of “other” investment income,
they do not affect the current-account balance because
the northbound and the southbound methodological
adjustments are offsetting.
S u m
m
a r y
o f
R e c o n c ilia tio n
M e th o d o lo g y
In reconciling the differences in the U.S.- and Cana
dian-published bilateral current-account estimates, the
estimates are first restated on a comm on basis— that is,
they are adjusted for definitional and methodological
differences; the remaining adjustments that are needed
to reach the reconciled values are the statistical adjust
ments. The framework for reconciling the U.S. and Ca
nadian estimates to a comm on basis mainly follows the
75
u s in e s s
international standards published in the International
Monetary Fund’s Balance o f Payments Manual (fifth
edition). The U.S.- and Canadian-published estimates
now largely conform to the international standards,
but some differences with the international stan
dards— and between the U.S. and Canadian esti
mates— remain in the published estimates because of
data limitations, difficulties in determining country at
tribution, differences in classification and because in a
few cases, international standards provide for more
than one acceptable treatment.
The definitional adjustments mainly reflect data
limitations and differences in country attribution. For
example, as part of the reconciliation, U.S.-pub
lished estimates of imports of goods from Canada
Table 2.1. Summary of Reconciliation Adjustments, Northbound, 2002
[Millions of U.S. dollars]
Definitional
Methodological
Reclassification
United
States
Goods, balance of payments basis...................................................................
Canada
-4 5
-409
-4 5
-409
Reclassification of equipment repairs from unaffiliated services.............
Statistical adjustments...................................................................................
United
States
Total
Statistical
Gross or net
Canada
United
States
Canada
United
States
239
Canada
-4 4
-524
-239
-7 2
874
623
251
-619
411
-1,028
216
-619
-4 5
239
216
-619
-242
-281
-525
-877
21
752
623
251
21
-122
21
-122
21
Other services.................................................................................................
Affiliated..................
Valuation adjustments
Reclassification of film rentals and courier services 10 unaffiliated
209
-90
-90
-436
-436
-5 3
180
-5 3
-5 3
180
-5 3
369
-429
-482
-1,445
-788
-831
-1,445
-402
-429
209
-4 4
-434
-85
-85
-1,113
-402
-281
-402
Statistical adjustments...........................................................................
-429
Unaffiliated...................................................................................................
-349
-349
-711
-281
-711
-281
798
798
920
87
920
-711
798
43
-4 4
-4 4
Direct investment.............................................................................................
-3,201
72
-115
-115
-511
-511
-2 6
-796
Other investment.............................................................................................
Interest adjustment for coverage of U.S. holdings of Canadian bonds
Other valuation adjustments.....................................................................
Reclassification of dividends from direct investment
Adjustment of interest income to a net basis.......
-2,690
-1,613
-1,077
26
43
1,785
3,036
-2,385
-9 8
-250
2,098
-365
-115
1,463
-511
-2 6
-9 8
2,098
-796
-943
-796
-343
-250
2,098
-250
1,787
-324
3,401
1,725
685
1,787
-324
-378
-378
258
50
50
2,184
-4,512
-538
-1,041
1,561
-3,931
-1,613
-1,077
26
-943
-324
83
286
-378
-22
-378
258
50
258
Total adjustments................................................................................
-796
1,787
11
72
-22
290
-349
-281
920
1,537
26
-22
-1,445
-1,041
-9 8
2,410
1,725
685
-1,197
-1,530
-8 5
43
-2 6
Adjustment of interest income to a net basis..........................................
Statistical adjustments...............................................................................
299
-9 0
209
180
-4 4
-4 4
43
2,295
-409
-122
-436
-436
Other transportation........................................................................................
Valuation adjustments................................................................................
Reclassification of transportation services from unaffiliated services
Canada
216
239
Travel.................................................................................................................
Reclassification of education from unaffiliated services........................
Reclassification of medical services from unaffiliated services...........
Statistical adjustments...............................................................................
United
States
885
3,208
-4,668
U.S.-Canadian Current-Account Reconciliation
76
a re
a d ju s te d
U n ite d
c o u n tr ie s
w it h o u t
goods
to
S ta te s
th e n
re e x p o rte d
an d
s u b s ta n tia l c h a n g e )
a re
re c o rd e d
C a n a d ia n
in c lu d e d
c o u n ts —
o n
b y
to
re e x p o rts
C an ad a
th e
because
fro m
U n ite d
U .S .
to
th e
th ir d
S ta te s
im p o r ts
a c o u n tr y -o f-o r ig in
o f
b a s is . A n
m a in ly
in v e s tm e n t
in c o m e ,
a re
a b a s is t h a t is n e t o f w i t h h o l d i n g t a x e s b e
U .S . w it h h o ld in g
o n
a
ta x
g lo b a l b a s is
in
c a n n o t b e a llo c a te d
e s tim a te s —
th e
w h ic h
a re
U .S .-p u b lis h e d
ac
b y c o u n tr y f o r c o m p a r i
in
m e t h o d o lo g ic a l a d ju s t m e n t s m a in ly r e fle c t d if
U .S .
an d
c o m e , a r e a d ju s te d
S ta tis tic a l
s e r v ic e s
a re
re
to
a
n e t
fo r
s in g le
m a in ly
o r
r e c o n c ilia
a c c o u n t. A
g ro s s
fe w
in te r e s t
b a s is
in
fo r c o m
th e U n ite d
r e fle c t
th e
use
o f
d iffe r e n t
S ta te s a n d C a n a d a ; t h e d if f i
c u lty in d e te r m in in g c o u n t r y a tt r ib u t io n b e c a u s e o f in
s u ffic ie n t d a ta ; th e
p r e lim in a r y n a tu re
o f som e
o f th e
d a ta , p a r tic u la r ly f o r th e m o s t re c e n t y e a r; a n d th e u s e
o f
s a m p le
d a ta
b e tw e e n
a n d
th e
b e n c h m a rk s .
s o u th b o u n d
t h e s ta tis tic a l d iffe r e n c e s a r e in
com e.
c o u r ie r
a
a c c o u n ts ,
d iffe r e n c e s
s o u rc e d a ta in
e s tim a te s
a n d
a c c o u n ts ;
to
p a r a b ility .
fe r e n c e s in c la s s ific a tio n . F o r e x a m p le , p a r t s o f t h e U .S .
r e n ta ls
s e r v ic e s
r e c la s s ifie d
C a n a d ia n
e s tim a te s
o f film
v a r io u s
n o rth b o u n d
s o n w it h t h e C a n a d ia n e s tim a te s .
T h e
c o rd e d
tio n , th e y a re
o f a d e f i n i t i o n a l a d j u s t m e n t is t h a t t h e
e s tim a te s ,
a d ju s te d to
th e
C a n a d ia n
im p o r te d
o t h e r e x a m p le
cause
in c lu d e
(g o o d s
November 2003
o f
“o th e r”
F o r
b o th
e s tim a te s ,
th e
m o st
o f
t h e U .S . a n d C a n a d ia n
s e r v ic e s
a n d
o f
in v e s tm e n t
in
Table 2.2. Summary of Reconciliation Adjustments, Southbound, 2001
[Millions of U.S. dollars]
Methodological
Definitional
Reclassification
Canada
United
States
131
8,460
-2,018
306
6,005
2,149
2,149
Canada
Statistical
Total
Gross or net
United
States
Canada
United
States
Canada
9
78
United
States
387
Canada
208
8,855
-2,018
78
306
6,005
2,149
9
387
-929
2,827
2,149
9
78
-266
-8 4
387
-212
Services................................................................................................................
-9
-453
2,920
17
17
Travel.................................................................................................................
62
79
17
62
62
-9 6
-9 6
-6 4
-6 4
91
-121
153
-124
148
-9 6
153
-124
-606
-1,080
2,982
587
-1,077
-1,107
-2 7
587
-1,080
474
2,395
474
2,395
28
-143
-303
474
-121
Reclassification of transportation services from unaffiliated services
95
-2 8
91
153
-2 8
Statistical adjustments...........................................................................
Unaffiliated...................................................................................................
-1,080
-143
-143
-303
123
-303
123
-309
-6 4
-121
91
-170
-20
-303
Affiliated.......................................................................................................
-2 7
-2 7
United
States
-20
-20
-124
3,057
559
-2 8
587
2,518
123
2,395
-20
-20
Statistical adjustments...........................................................................
Income..................................................................................................................
-523
-448
Direct investment.............................................................................................
Valuation adjustments................................................................................
Adjustment of interest income to a net basis..........................................
Statistical adjustments...............................................................................
-205
-205
-207
-207
212
-2,186
-1,204
-113
3,000
-2,325
1,348
2,871
-899
-205
-113
-581
2,664
-207
-1,316
-241
-1,204
129
-113
2,871
-581
-318
-318
-241
-241
-2,073
-1,204
-2,073
-1,204
Statistical adjustments...............................................................................
212
Compensation of employees..........................................................................
Current unilateral transfers.................................................................................
-1,936
-92
Valuation adjustments....................................................................................
Adjustment of U.S. transfers to a gross basis..............................................
Statistical adjustments...................................................................................
-1,936
-92
Total adjustments................................................................................
-2,594
172
-581
297
668
129
-1,723
-318
-2,073
668
129
668
85
297
127
-1,809
205
-1,936
-92
297
297
127
7,836
-2,186
-907
2,871
-76
127
6,307
-4,855
13,235
November 2003
S u rvey
of
C
urren t
B
77
u s in e s s
Table 2.2. Summary of Reconciliation Adjustments, Southbound, 2002
[Millions of U.S. dollars]
Definitional
Methodological
Reclassification
Canada
Goods, balance of payments basis.
Valuation adjustments.......................................................................
Canadian reexports to the United States.......................................
Inland freight adjustment...................................................................
Reclassification of equipment repairs from unaffiliated services.
Statistical adjustments......................................................................
Services.
United
States
Canada
-694
8,296
-2,209
247
6,534
1,515
1,515
Gross or net
United
States
Canada
United
States
5
Canada
171
-423
-8 3
-220
-5
8,672
171
371
.... 171
2,299
-310
2,211
60
76
16
60
60
-1
Other services........................................................................................
Affiliated.....................
Valuation adjustments
Reclassification of selected services to unaffiliated services..
Statistical adjustments.................................................................
-308
Unaffiliated....................................................................................
Valuation adjustments.............................................................
Reclassification of transactions to or from other accounts..
Statistical adjustments............................................................
-286
-286
-66
-66
90
-313
139
-8 2
114
-115
-313
-1 7
-310
-22
-22
-66
292
-2 8
139
-8 2
90
139
.... -82
193
-596
2,322
388
-424
-618
2,597
360
-22
-2 8
3
3
-310
320
-310
320
-20
-20
-1,726
-407
Direct investment....................................................
Valuation adjustments......................................
Adjustment of interest income to a net basis.
Statistical adjustments.....................................
-1,519
-1,519
-2 3
-2 3
Other investment...................................................
Valuation adjustments......................................
Adjustment of interest income to a net basis.
Statistical adjustments.....................................
-207
-207
220
-1,041
-796
-9 8
-596
388
-596
.... -2 8
388
779
1,934
779
1,934
183
-286
-310
779
2,257
3
320
1,934
10
10
-20
-20
10
......... 10
612
1,011
-1,935
-192
-1 6
693
-1,633
-1,519
-9 8
-1 6
670
-2 3
-607
-207
-943
543
-862
-384
-796
318
-9 8
-384
-384
-943
-796
-943
-796
220
Compensation of employees..
-1,879
-106
-1,879
-106
258
-1 6
693
543
318
543
318
85
305
-236
-2,115
152
-1,879
-106
258
258
-236
-4,722
-461
-313
90
U.S. defense expenditures.
Valuation adjustments....
Statistical adjustments...
-524
332
16
16
-115
-115
Total adjustments..
United
States
-2,209
5
Other transportation........................................................................................
Valuation adjustments................................................................................
Reclassification of courier services to unaffiliated services..................
Reclassification of transportation services from unaffiliated services..
Statistical adjustments...............................................................................
Valuation adjustments.......................................
Adjustment of U.S. transfers to a gross basis.
Statistical adjustments......................................
371
Canada
247
6,534
1,515
5
371
Passenger fares.
Current unilateral transfers.........
United
States
"i"515
Travel..........................................................................................
Reclassification of education from unaffiliated services..
Statistical adjustments........................................................
Income.
Total
Statistical
7,700
-1,041
-538
879
.... -236
3,681
-4,884
10,843
U.S.-Canadian Current-Account Reconciliation
78
November 2003
Table 3.1. U.S.-Canadian Current-Account Reconciliation, Northbound
[Millions of U.S. dollars]
U.S.
receipts
Canadian
payments
Reconciled estimates,
including statistical
adjustments
Common-basis estimates
after definitional and
methodological adjustments
Published estimates
Difference
U.S.
receipts
Canadian
payments
Difference
U.S.
receipts
Canadian
payments
Total adjustments to
published estimates
United
States
Canada
2001
Goods and services............................................................................................
Goods, balance of payments basis...............................................................
Services............................................................................................................
Travel.............................................................................................................
Other transportation....................................................................................
Other services.............................................................................................
Investment income..........................................................................................
Direct investment.........................................................................................
Other investment.........................................................................................
Current unilateral transfers.................................................................................
187,972
163,259
24,713
6,595
1,768
2,478
13,872
21,880
21,799
11,975
9,824
81
0
Current account, northbound.......................................................
2002
209,852
Goods and services............................................................................................
Goods, balance of payments basis...............................................................
Services............................................................................................................
Travel.............................................................................................................
185,364
160,895
24,469
6,268
1,717
2,624
13,860
19,368
19,285
11,208
8,077
83
Other transportation...................................................................................
Other services.............................................................................................
Investment income..........................................................................................
Direct investment.........................................................................................
Other investment.........................................................................................
Current unilateral transfers.................................................................................
Current account, northbound.......................................................
625
219,079
-2,484
-1,397
-1,087
-629
422
259
-1,139
-6,118
-6,199
1,025
-7,224
81
-625
-9,227
188,070
163,648
24,422
7,385
1,768
2,478
12,791
22,929
22,848
11,881
10,967
81
95
211,094
187,155
162,334
24,821
6,999
1,281
2,272
14,269
24.789
24.789
9,380
15,409
( 1)
664
212,608
-1,791
-1,439
-352
-731
436
352
-409
-5,421
-5,504
1,828
-7,332
83
-664
-7,876
185,277
161,090
24,187
7,142
1,717
2,624
12,704
190,456
164,656
25,800
7,224
1,346
2,219
15,011
27.998
27.998
10,950
17,048
( 1)
(2)
204,732
20,866
20,783
11,093
9,690
83
236
206,379
189,689
164,457
25,232
7,224
1,346
2,325
14,337
22,290
22,221
10,321
11,900
69
144
212,123
186,149
161,925
24,224
6,999
1,281
2,391
13,553
20,619
20,547
8,745
11,802
72
286
207,054
-1,619
-809
-810
161
422
153
-1,546
639
627
1,560
-933
12
-49
-1,029
-872
-835
-37
143
436
233
-849
247
236
2,348
- 2,112
11
-50
-675
188,776
163,877
24,899
7,254
1,346
2,417
13,882
23,194
23,113
11,612
11,501
81
144
212,114
188,776
163,877
24,899
7,254
1,346
2,417
13,882
23,194
23,113
11,612
11,501
81
144
212,114
185,250
161,306
23,944
7,020
1,281
2,571
13,072
22,404
22,321
10,843
11,478
83
286
207,940
185,250
161,306
23,944
7,020
1,281
2,571
13,072
22,404
22,321
10,843
11,478
83
286
207,940
804
618
186
659
-422
-61
10
1.314
1.314
-363
1,677
144
2,262
-114
411
-525
752
-436
-53
-788
3.036
3.036
-365
3,401
286
3,208
-1,680
-779
-901
30
198
-1,129
-4,804
-4,885
662
-5,547
81
-481
-6,965
-1,905
-1,028
-877
21
299
-1,197
-2,385
-2,468
1,463
-3,931
83
-378
-4,668
1. In the Canadian published accounts, compensation of employees is included in “other'’ services.
2, Current unilateral transfers are published on a net basis in the U.S. accounts and appear as net payments in table 3.2.
Table 3.2. U.S.-Canadian Current-Account Reconciliation, Southbound
[Millions of U.S. dollars]
Common-basis estimates
after definitional and
methodological adjustments
Published estimates
Canadian
receipts
U.S.
payments
249,037
227,384
21,653
6,424
685
2,880
11,664
4,137
4,137
-2,049
6,186
4,945
1,241
( 1)
2,857
256,031
236,634
218,737
17,897
6,345
685
3,337
7,530
464
167
-5,612
5,779
4,076
1,703
297
843
237,941
12,403
8,647
3,756
79
242,151
220,957
21,194
6,565
593
3,014
230,434
211,761
18,673
6,489
594
3,589
11,717
9,196
2,521
76
11,022
8,001
5,852
5,852
1,090
4,762
3,816
946
( 1)
2,857
250,860
4,109
3,804
-1,213
5,017
3,804
1,213
305
590
235,133
Difference
Canadian
receipts
U.S.
payments
248,691
227,515
21,176
6,424
685
2,875
11,192
1,638
1,426
-2,368
3,794
2,728
1,066
3,684
310
3,374
62
921
251,250
245,007
227,205
17,802
6,362
685
3,152
7,603
-1,187
-1,484
-5,819
4,335
2,873
1,462
297
1,048
244,868
240,815
220,262
20,553
6,565
593
2,989
10,406
3,302
3,083
-528
3,611
2,782
829
219
978
245,095
238,647
220,062
18,585
6,505
594
3,210
8,276
2,906
2,601
-1,236
3,837
3,007
830
305
742
242,295
2,168
Difference
Reconciled estimates,
including statistical
adjustments
Total adjustments to
published estimates
Canadian
receipts
U.S.
payments
Canada
248,316
227,592
20,724
6,424
685
3,028
10,587
1,812
1,515
-2,948
4,463
3,199
1,264
297
1,048
251,176
248,316
227,592
20,724
6,424
685
3,028
10,587
1,812
1,515
-2,948
4,463
3,199
1,264
297
1,048
251,176
241,317
220,433
20,884
6,565
593
3,128
10,598
3,917
3,612
-543
4,155
3,326
829
305
742
245,976
241,317
220,433
20,884
6,565
593
3,128
10,598
3,917
3,612
-543
4,155
3,326
829
305
742
245,976
United
States
2001
Goods and services............................................................................................
Goods................................................................................................................
Services............................................................................................................
Passenger fares
Other transportation....................................................................................
Other services...
Income.......................
Investment income
Direct investment
Other investment
Other private investment...................................................................
U.S. Government liabilities................................................................
Current unilateral transfers.................................................................................
Current account, southbound.......................................................
2002
Goods and services............................................................................................
Goods................................................................................................................
Services............................................................................................................
Other transportation...................................................................................
Other services.............................................................................................
Income.......................
Investment income
Direct investment
Other investment
Other private investment...................................................................
U.S. Government liabilities................................................................
Current unilateral transfers.................................................................................
Current account, southbound.......................................................
1. In the Canadian published accounts, compensation of employees is included in “other” services.
-457
4,134
3,673
3,970
3,563
407
869
-462
-297
2,014
18,090
-1
-575
3,021
1,743
2,048
2,303
-255
12
-267
-305
2,267
15,727
212
-277
3,589
2,825
2,910
3,451
-541
-145
-396
-8 5
-127
6,382
200
1,968
60
-1
-221
2,130
396
482
708
-226
-225
-1
-86
236
2,800
-721
208
-929
11,682
8,855
2,827
79
148
-1,077
-2,325
-2,622
-899
-1,723
-1,746
23
297
-1,809
-4,855
-309
3,057
1,348
1,348
2,664
-1,316
-877
-439
-834
-524
-310
10,883
8,672
205
13,235
2,211
76
-1
114
-424
-1,935
-2,240
-1,633
-607
-490
-117
305
-2,115
-4,884
-461
2,597
-192
-192
670
-862
-478
-384
152
10,843
November 2003
S urvey
of
C
urren t
B
u s in e s s
Table 4.1. Trade in Goods, Northbound
[Millions of U.S. dollars]
Canadian payments
U.S. receipts
2001
163,259
164,656
125
264
-199
Common basis after definitional and methodological adjustments........................................................................
163,648
164,457
Statistical adjustments..................................................................................................................................................
229
-580
Reconciled, including statistical adjustments..................................................................................................
163,877
163,877
160,895
162,334
-4 5
239
-409
161,090
161,925
Balance of payments basis, published..............................................................................................................
Definitional and methodological adjustments:
Valuation adjustments.............................................................................................................................................
2002
Balance of payments basis, published..............................................................................................................
Definitional and methodological adjustments:
Valuation adjustments.............................................................................................................................................
Common basis after definitional and methodological adjustments........................................................................
Statistical adjustments.................................................................................................................................................
216
-619
Reconciled, including statistical adjustments..................................................................................................
161,306
161,306
Table 4.2. Trade in Goods, Southbound
[Millions of U.S. dollars]
Canadian receipts
U.S. payments
2001
Balance of payments basis, published..............................................................................................................
227,384
218,737
Definitional and methodological adjustments:
Valuation adjustments.............................................................................................................................................
-2,018
306
Canadian reexports to the United States.............................................................................................................
6,005
Inland freight adjustment.........................................................................................................................................
2,149
Reclassification of equipment repairs from unaffiliated services.......................................................................
9
Common basis after definitional and methodological adjustments........................................................................
227,515
Statistical adjustments..................................................................................................................................................
78
387
Reconciled, including statistical adjustments..................................................................................................
227,592
227,592
Balance of payments basis, published..............................................................................................................
220,957
211,761
Definitional and methodological adjustments:
Valuation adjustments.............................................................................................................................................
- 2,210
2,149
227,205
2002
247
6,534
Inland freight adjustment.........................................................................................................................................
1,515
Reclassification of equipment repairs from unaffiliated services.......................................................................
5
Common basis after definitional and methodological adjustments........................................................................
220,262
220,062
Statistical adjustments.................................................................................................................................................
171
371
Reconciled, including statistical adjustments..................................................................................................
220,433
220,433
1,515
80
U.S.-Canadian Current-Account Reconciliation
November 2003
Table 5.1. Travel, Passenger Fares, and Other Transportation, Northbound
[Millions of U.S. dollars]
Common-basis estimates
after definitional and
methodological adjustments
Published estimates
Difference
7,385
7,224
161
7,254
7,254
659
6,595
569
6,464
549
131
6,464
569
-131
569
-211
221
211
20
10
6,464
569
221
221
221
Difference
6,595
7,224
-629
6,595
6,464
549
131
-549
211
U.S.
receipts
U.S.
receipts
Canadian
payments
Total adjustments to published estimates
Canadian
payments
Canadian
payments
U.S.
receipts
Reconciled estimates,
including statistical
adjustments
United
States
Canada
Type of adjustment
2001
Travel..............................................
Education......................................
Medical...........................................
30
20 Reclassification and statistical
10
Passenger fares.............................
1,768
1,346
422
1,768
1,346
422
1,346
1,346
-422
Other transportation....................
2,478
2,219
259
2,478
2,325
153
2,417
2,417
-61
198
Freight............................................
Ocean.........................................
Air...............................................
1,858
162
81
1,243
372
1,877
246
19
1,243
369
-1 9
-8 4
62
1,771
116
43
1,243
369
79
38
38
1,844
177
43
1,243
381
1,844
177
43
1,243
381
-1 4
15
-3 8
-3 3
-6 9
24
3
1,850
154
81
1,243
372
620
81
274
265
299
321
61
14
246
620
81
274
265
511
530
20
20
-90
-61
260
231
109
61
14
34
530
260
19
274
236
274
236
-29
43
-43
8
43
-35
43
43
43
6,268
6,999
-731
7,142
6,999
143
7,020
7,020
752
6,268
6,146
607
245
122
6,146
607
245
122
6
6,146
623
251
6,146
623
251
-122
-607
-245
6,268
623
251
Other..........................................
Port services.................................
Other..........................................
Other..............................................
20
20
3
9
Statistical
Definitional, reclassification, and statistical
Definitional and statistical
12 Statistical
231
14
217 Reclassification and statistical
2002
Travel..............................................
Medical...........................................
16
623
251
21
16
6
Passenger fares.............................
1,717
1,281
436
1,717
1,281
436
1,281
1,281
-436
Other transportation....................
2,624
2,272
352
2,624
2,391
233
2,571
2,571
-53
299
Freight............................................
Ocean.........................................
Air...............................................
1,937
136
87
1,306
408
1,940
242
15
1,308
375
-3
-106
72
1,929
128
87
1,306
408
1,848
126
39
1,308
375
81
1,934
173
39
1,306
416
1,934
173
39
1,306
416
-3
37
-4 8
-6 9 Definitional, reclassification, and statistical
24 Definitional and statistical
687
74
343
270
293
19
255
19
394
55
504
598
598
22
183
52
22
22
-89
-5 2
255
228
88
251
687
74
343
270
42
343
233
343
233
-3 7
305
3 Definitional and statistical
88 Statistical
214 Reclassification and statistical
39
-39
8
39
-31
39
39
39
Reclassification and statistical
Other..........................................
Port services.................................
Vessel operators.......................
Other..........................................
Other..............................................
-2
33
88
2
48
-2
33
Statistical
-6
-2
8
41
Statistical
November 2003
Survey
of
81
C u r r e n t B u s in e s s
Table 5.2. Travel, Passenger Fares, and Other Transportation, Southbound
[Millions of U.S. dollars]
Common-basis estimates
after definitional and
methodological adjustments
Published estimates
Canadian
receipts
U.S.
payments
Difference
Canadian
receipts
U.S.
payments
Travel...............................................
6,424
Business and personal..................
Education........................................
Medical............................................
6,305
70
49
6,345
79
6,424
6,345
-40
70
49
6,305
70
49
Reconciled estimates,
including statistical
adjustments
Difference
Canadian
receipts
U.S.
payments
6,362
62
6,424
6,424
6,345
17
-40
53
49
6,305
70
49
6,305
70
49
Total adjustments to published estimates
Canada
United
States
Type of adjustment
2001
79
-4 0
70
49 Statistical
Passenger fares.............................
685
685
685
685
685
685
Other transportation.....................
2,880
3,337
-457
2,875
3,152
-277
3,028
3,028
148
-309
Freight.............................................
dc e an .........................................
Air................................................
Truck............................................
2,270
92
45
2,028
105
2,590
275
45
2,028
242
-320
-183
2,270
92
45
2,028
105
2,428
247
45
2,028
108
-158
-155
2,348
170
45
2,028
105
2,348
170
45
2,028
105
78
78
-242
-105
Port services..................................
Vessel operators.......................
Airline operators........................
Other...........................................
499
47
390
62
747
129
511
107
-248
-8 2
696
65
390
241
-102
-88
652
65
390
197
652
65
390
197
153
18
-4 5
594
50
390
153
135
90
Other...............................................
110
110
11
28
-1 7
28
28
-8 2
28
-137
-121
-3
-15
Definitional, reclassification, and statistical
-137
-9 5
-6 4
Definitional and statistical
-121
Reclassification and statistical
2002
Travel...............................................
6,565
6,489
76
6,565
6,505
60
6,565
6,565
76
Business and personal.................
Education........................................
Medical............................................
6,436
78
52
6,489
-5 3
78
52
6,436
78
52
6,489
16
-5 3
62
52
6,436
78
52
6,436
78
52
-5 3
78
52
Passenger fares.............................
593
594
-1
593
594
-1
593
593
Other transportation.....................
3,014
3,589
-575
2,989
3,210
-221
3,128
3,128
114
-461
Freight.............................................
O cean.........................................
Air................................................
Truck............................................
Other...........................................
2,437
107
48
2,157
126
2,705
238
51
2,171
245
-268
-131
-3
-1 4
-119
2,437
107
48
2,157
126
2,543
-106
-105
-3
-14
17
2,508
160
51
2,171
126
2,508
160
51
2,171
126
71
53
3
14
-197
-7 8
Port services..................................
Vessel operators.......................
Airline operators........................
Other...........................................
446
52
329
65
884
132
642
-438
-80
-313
-4 5
539
55
329
155
641
594
594
66
66
148
14
-290
66
-102
-11
329
246
-91
329
199
329
199
134
-313
89
Other...............................................
131
131
13
26
-1 3
26
26
-105
26
110
212
51
2,171
109
-1
Definitional, reclassification, and statistical
-119
-66 Definitional and statistical
Reclassification and statistical
Definitional, reclassification, and statistical
82
U.S.-Canadian Current-Account Reconciliation
November 2003
Table 6.1. Other Services, Northbound
[Millions of U.S. dollars]
Common-basis estimates
after definitional and
methodological adjustments
Published estimates
U.S.
receipts
Canadian
payments
Reconciled estimates,
including statistical
adjustments
Difference
U.S.
receipts
Canadian
payments
Difference
U.S.
receipts
Canadian
payments
Total adjustments to published estimates
United
States
Canada
Type of adjustment
2001
Total...........................................................................
13,872
15,011
-1,139
12,791
14,337
-1,546
13,882
13,882
10
-1,129
Affiliated...............................................................................
6,813
8,588
-1,775
6,451
8,494
-2,043
6,568
6,568
-245
- 2,020
Royalties and license fees............................................
Other services................................................................
2,156
4,657
2,103
6,485
53
-1,828
2,156
4,295
2,072
6,422
84
-2,127
(’)
(')
(’)
(')
O
0
(1)
(’)
Unaffiliated...........................................................................
6,962
6,423
539
6,281
5,843
438
7,255
7,255
293
832
Royalties, license fees, and selected services
Insurance.........................................................................
Financial services..........................................................
Education and training
Communications........
Computer services ....
Business services.....
Sports and entertainment
Other private..............
Government:
United States (nonmilitary).......................................
Canada.......................................................................
1,631
367
1,081
595
519
584
1,541
465
1,361
414
932
19
695
531
850
1,179
246
270
-4 7
149
576
-176
53
691
-714
-246
1,612
367
1,081
26
519
584
1,203
710
1,341
386
929
19
333
531
1,612
367
1,307
26
519
584
1,603
1,060
1,612
367
1,307
26
519
584
1,603
1,060
-19
1,023
271
-19
152
7
186
53
91
-313
72
107
64
131
8
-2 4
72
107
64
105
8
2
72
105
72
105
-2
-2 6
Definitional and statistical
U.S. military sales...............................................................
97
97
59
59
59
59
-38
59
Definitional and statistical
1,112
226
-569
62
595
Definitional, reclassification, and statistical
251 Reclassification and statistical
-47
375 Definitional and statistical
7 Reclassification and statistical
-176
53
753 Reclassification and statistical
-119 Definitional, reclassification, and statistical
-246
8
2002
Total...........................................................................
13,860
14,269
-409
12,704
13,553
-849
13,072
13,072
-788
-1,197
Affiliated...............................................................................
7,094
7,793
-699
6,692
7,708
-1,016
6,263
6,263
-831
-1,530
Royalties and license fees............................................
Other services................................................................
2,388
4,706
2,084
5,708
304
- 1,002
2,388
4,304
2,052
5,655
336
-1,351
n
o
(’)
(’)
(1)
(1)
(’)
0)
Unaffiliated...........................................................................
6,679
6,478
203
5,969
5,845
124
6,766
6,766
87
290
Royalties, license fees, and selected services
Insurance.........................................................................
Financial services..........................................................
Education and training...................................................
Communications.............................................................
Computer services........................................................
Business services.....
Sports and entertainment
Other private..............
Government:
United States (nonmilitary).......................................
Canada........................................................................
1,491
301
873
652
391
772
1,513
493
1,352
431
990
14
661
523
757
1,314
242
139
-130
-117
638
-270
249
756
-821
-242
1,471
301
873
29
391
772
1,174
765
1,330
435
896
14
304
523
141
-134
-23
15
87
249
162
-398
1,471
301
963
29
391
772
1,469
1,178
1,471
301
963
29
391
772
1,469
1,178
-20
119
-130
-2 7
15
-270
249
712
-136
-242
86
61
132
25
-2 5
86
107
61
106
U.S. military sales...............................................................
87
87
43
107
1. Royalties and license fees are combined with “other” services for reconciliation.
1,012
1,163
90
-623
-4 4
685
Definitional, reclassification, and statistical
Reclassification and statistical
Definitional and statistical
Definitional and statistical
Reclassification and statistical
Reclassification and statistical
Definitional, reclassification, and statistical
25
86
86
1
106
106
-1
25
-2 6
Definitional and statistical
43
43
43
-44
43
Definitional and statistical
November 2003
S urvey
of
83
C u r r e n t B u s in e s s
Table 6.2. Other Services, Southbound
[Millions of U.S. dollars]
Common-basis estimates
after definitional and
methodological adjustments
Published estimates
Reconciled estimates,
including statistical
adjustments
Total adjustments to published estimates
Canadian
receipts
U.S.
payments
Difference
Canadian
receipts
U.S.
payments
Difference
Canadian
receipts
U.S.
payments
Total................................................................................
11,664
7,530
4,134
11,192
7,603
3,589
10,587
10,587
-1,077
3,057
Affiliated...............................................................................
5,390
3,724
1,666
5,363
3,696
1,667
4,285
4,285
-1,105
561
Royalties and license fees............................................
Other services...............................................................
433
4,957
968
2,756
-535
2,201
429
4,934
968
2,728
-539
2,206
(')
(’)
(')
(’)
(’)
(’)
(’)
(1)
Unaffiliated.........................................................................
6,274
3,727
2,547
5,772
3,850
1,922
6,244
6,244
-30
2,517
Royalties, license fees, and selected services..........
Insurance........................................................................
Financial services..........................................................
Education and training..................................................
Communications............................................................
Computer services........................................................
Business services.........................................................
Sports and entertainment.............................................
Other private...................................................................
Government:
1,646
48
294
54
747
1,094
967
959
207
565
257
183
30
230
1,025
1,179
37
1,081
-209
1,646
48
297
564
257
183
13
230
1,025
1,087
270
1,082
-209
114
9
184
69
-9
647
1,646
386
196
1,646
386
196
United States (nondefense).....................................
221
Canada
United
States
Type of adjustment
2001
36
111
24
517
69
-212
922
207
36
221
U.S. defense expenditures................................................
22
414
1,094
1,078
917
36
22
22
322
1,060
1,438
917
322
1,060
1,438
917
338
-98
-32
-425
-34
471
-42
-207
1,081 Definitional and statistical
129 Statistical
13 Statistical
-8 Reclassification and statistical
92 Reclassification and statistical
35 Statistical
259 Reclassification and statistical
880 Definitional, reclassification, and statistical
36
36
221
221
221
221
57
57
57
2,130
10,598
10,598
-424
4,160
4,160
-618
(')
0
fi
129
2,255
36
77
-77
57
57
3,021
10,406
8,276
Definitional, reclassification, and statistical
36
-20 Definitional and statistical
2002
Total................................................................................
11,022
8,001
Affiliated...............................................................................
4,778
3,800
978
4,756
3,772
984
Royalties and license fees............................................
Other services...............................................................
438
4,340
849
2,951
-411
1,389
436
4,320
849
2,923
-413
1,397
0
n
(1)
(’)
Unaffiliated.........................................................................
6,244
4,118
2,126
5,596
4,441
1,155
6,373
6,373
Royalties, license fees, and selected services..........
Insurance........................................................................
Financial services..........................................................
Education and training..................................................
Communications............................................................
Computer services........................................................
Business services.........................................................
Sports and entertainment.............................................
Other private...................................................................
Government:
Canada.......................................................................
United States (nondefense).....................................
1,740
145
321
53
685
963
917
993
753
438
164
28
342
781
1,399
36
987
-293
157
25
343
182
-482
957
1,740
18
303
749
438
164
991
-420
139
1,740
438
186
1,740
438
186
20
12
8
20
20
357
963
1,018
951
342
781
1,440
338
15
182
-422
613
349
943
1,535
951
349
943
1,535
951
34
177
34
177
-1 6
63
63
63
200
200
34
193
177
34
16
34
193
177
34
16
83
-83
53
63
-10
U.S. defense expenditures................................................
1. Royalties and license fees ate combined with “other” services for reconciliation.
2,597
360 Definitional, reclassification, and statistical
987
293
-135
-33
-336
-20
618
-42
Statistical
22 Statistical
-8 Reclassification and statistical
7 Reclassification and statistical
162 Statistical
136 Reclassification and statistical
915 Definitional, reclassification, and statistical
-200
34
-20 Definitional and statistical
U.S.-Canadian Current-Account Reconciliation
84
November 2003
Table 7.1. Investment Income, Northbound
[Millions of U.S. dollars]
Common-basis estimates
after definitional and
methodological adjustments
Published estimates
U.S.
receipts
Canadian
payments
Difference
U.S.
receipts
Canadian
payments
Reconciled estimates,
including statistical
adjustments
Difference
U.S.
receipts
Canadian
payments
Total adjustments to published estimates
United
States
Canada
Type of adjustment
2001
Investment Income......................................................
21,799
27,998
-6,199
22,848
22,221
627
23,113
23,113
1,314
Direct investment income.......................................
11,975
10,950
1,025
11,881
10,321
1,560
11,612
11,612
-363
662
Earnings of incorporated affiliates..........................
Dividends...............................................................
Reinvested earnings.............................................
Earnings of unincorporated affiliates......................
Interest.......................................................................
11,236
3,286
7,950
60
679
9,896
4,048
5,848
169
885
1,340
-762
9,479
3,631
5,848
169
673
1,703
-399
-109
-206
11,182
3,232
7,950
60
639
-109
-34
10,856
3,431
7,424
117
639
10,856
3,431
7,424
117
639
-380
145
-526
57
-4 0
960
-616
1,576
-5 2
-246
Other investment income.......................................
9,824
17,048
-7,224
10,967
11,900
-932
11,501
11,501
1,677
-5,547
Securities...................................................................
Dividends...............................................................
Interest...................................................................
U.S. claims/Canadian liabilities...............................
U.S. bank claims....................................................
Other private U.S. claims.....................................
6,706
1,615
5,091
3,118
2,597
521
11,466
1,292
10,175
5,581
3,123
2,459
-4,760
323
-5,084
-2,463
-526
-1,938
9,053
1,615
7,438
1,914
765
1,149
9,854
1,155
8,699
2,045
772
1,273
-801
460
-1,261
-131
-7
-124
9,454
1,385
8,069
2,047
832
1,215
9,454
1,385
8,069
2,047
832
1,215
2,748
-230
2,978
-1,071
-1,765
694
- 2,012
94
-2,106
-3,534
-2,291
-1,244
Investment Income......................................................
19,285
24,789
-5,504
20,783
20,547
236
22,321
22,321
3,036
-2,468
Direct investment income.......................................
11,208
9,380
1,828
11,093
8,745
2,348
10,843
10,843
-365
1,463
Earnings of incorporated affiliates..........................
Dividends...............................................................
Reinvested earnings.............................................
Earnings of unincorporated affiliates......................
Interest.......................................................................
10,454
3,451
7,003
193
561
8,348
4,531
3,817
460
572
2,106
-1,080
3,187
-267
-11
10,382
3,379
7,003
193
518
7,874
4,058
3,816
460
410
2,508
-679
3,187
-267
108
9,925
3,718
6,206
401
518
9,925
3,718
6,206
401
518
-529
267
-797
208
-4 3
1,577
-813
2,390
-6 0
-5 4
Other investment income.......................................
8,077
15,409
-7,332
9,690
11,802
-2,112
11,478
11,478
3,401
-3,931
Securities...................................................................
Dividends...............................................................
Interest...................................................................
U.S. claims/Canadian liabilities...............................
U.S. bank claims....................................................
Other private U.S. claims.....................................
6,282
1,716
4,566
1,795
1,561
234
12,161
1,046
11,116
3,248
1,504
1,744
-5,879
671
-6,550
-1,453
57
-1,510
8,692
1,716
6,976
998
452
546
10,443
940
9,503
1,359
556
804
-1,751
776
-2,527
-361
-104
-258
10,199
1,328
8,871
1,278
591
687
10,199
1,328
8,871
1,278
591
687
3,917
-388
4,305
-517
-970
453
-1,962
282 Definitional, reclassification, and statistical
-2,244 Definitional and statistical
-1,969
-912 Gross to net and statistical
-1,057 Statistical
2,102
2,102
-4,885
Definitional, reclassification, and statistical
Statistical
Statistical
Definitional, gross to net, and statistical
Definitional, reclassification, and statistical
Definitional and statistical
Gross to net and statistical
Statistical
2002
Definitional, reclassification, and statistical
Statistical
Statistical
Definitional, gross to net, and statistical
Table 7.2. Investment Income, Southbound
[Millions of U.S. dollars]
Common-basis estimates
after definitional and
methodological adjustments
Published estimates
Reconciled estimates,
including statistical
adjustments
Total adjustments to published estimates
Canadian
receipts
U.S.
payments
Difference
Canadian
receipts
U.S.
payments
Difference
Canadian
receipts
U.S.
payments
Investment Income...................................................
4,137
167
3,970
1,426
-1,484
2,910
1,515
1,515
-2,622
1,348
Direct investment income....................................
-2,049
-5,612
3,563
-2,368
-5,819
3,451
-2,948
-2,948
-899
Earnings of incorporated affiliates.......................
Dividends...........................................................
Reinvested earnings..........................................
Earnings of unincorporated affiliates...................
Interest....................................................................
-1,989
1,292
-3,281
-188
128
-6,242
1,766
-8,008
-2,406
876
-3,282
31
-6,454
1,554
-8,008
418
4,253
-474
4,727
-400
-290
8
423
4,048
-679
4,727
-181
-416
-3,554
1,833
-5,387
183
423
-3,554
1,833
-5,387
183
423
-1,565
541
-2,106
371
295
2,664
2,688
Other investment income....................................
6,186
5,779
407
3,794
4,335
-541
4,463
4,463
-1,723
Securities................................................................
2,197
1,725
472
2,748
2,217
531
1,241
2,815
1,806
1,009
1,261
1,044
217
1,703
-618
-81
-537
1,487
1,173
314
-462
2,170
1,583
587
558
31
527
1,066
2,815
1,806
1,009
58
50
1,462
-645
-223
-422
500
23
477
-396
2,604
1,806
798
595
127
468
1,264
2,604
1,806
798
595
127
468
1,264
407
81
326
-2,153
-2,090
-6 2
23
Canada
United
States
Type of adjustment
2001
Interest................................................................
Canadian claims/U.S. liabilities...........................
Canadian bank claims......................................
Other private Canadian claims........................
U.S. Government liabilities...................................
212
212
8
67
2,621
-2 9
5
Definitional and statistical
Statistical
Definitional and statistical
Definitional, gross to net, and statistical
-1,316
-211
Definitional and statistical
-211 Definitional and statistical
-666
-917
251
-439
Gross to net and statistical
Statistical
Definitional and statistical
2002
Investment Income...................................................
5,852
3,804
2,048
3,083
2,601
482
3,612
3,612
-2,240
Direct investment income....................................
1,090
-1,213
2,303
-528
-1,236
708
-543
-543
-1,633
670
Earnings of incorporated affiliates.......................
Dividends...........................................................
Reinvested earnings..........................................
Earnings of unincorporated affiliates...................
Interest....................................................................
3,057
2,797
260
-2,178
-1,780
521
-2,301
304
807
-502
-933
-1,805
496
-2,301
211
547
4,837
2,276
2,561
-2,198
-336
101
549
2,109
311
1,799
-953
-448
-1,050
651
-1,702
-42
549
-1,050
651
-1,702
-42
549
-4,107
-2,145
-1,962
2,136
338
730
130 Definitional and statistical
599 Statistical
-62 Definitional and statistical
2 Definitional, gross to net, and statistical
Other investment income....................................
4,762
5,017
-255
3,611
3,837
-226
4,155
4,155
-607
Securities................................................................
2,335
1,926
408
1,481
968
513
946
3,117
2,026
1,091
687
507
180
1,213
-782
2,364
1,767
597
418
-91
509
829
3,117
2,026
1,091
-753
-259
-494
528
45
483
2,870
2,026
844
456
2,870
2,026
844
456
535
Interest................................................................
Canadian claims/U.S. liabilities...........................
Canadian bank claims......................................
Other private Canadian claims........................
U.S. Government liabilities...................................
20
-100
-683
794
461
333
-267
20
-110
-136
26
830
-1
-10
-10
466
829
466
829
-192
-862
-247
100
435
-1,025
-978
-4 7
-117
-247
-231
-517
286
-384
Definitional and statistical
Definitional and statistical
Gross to net and statistical
Statistical
Definitional and statistical
November 2003
85
U.S. Multinational Companies
O p e r a t i o n s in 2 0 0 1
B y R a y m o n d J. M a ta lo n i, Jr.
ALUE added in production, or the “gross prod
uct,” of both U.S. parent companies and their majority-owned foreign affiliates (MOFAs) declined in
2001, according to preliminary estimates from the an
nual survey of U.S. direct investment abroad con
ducted by the Bureau of Economic Analysis (BEA).
The total gross product of U.S. multinational compa
nies (MNCs)— U.S. parent companies and their MO
FAs combined— declined 7.7 percent (table 1). The
decline was the first since at least 1994, when the an
nual series on MNC gross product begins. The decline
in the gross product of U.S. parents, at 8.8 percent, was
considerably steeper than the decline in the gross
product of MOFAs, at 3.8 percent. Employment by
MNCs declined 1.3 percent, and the decline was more
than accounted for by the U.S. parent companies,
whose employment declined 1.8 percent; employment
by MOFAs increased 0.3 percent. Despite these de
clines in gross product and employment, MNCs con
tinued to increase their capital spending in 2001.
Capital spending by MNCs increased 4.3 percent; the
growth in spending by U.S. parents, at 5.2 percent,
outpaced growth in spending by MOFAs, at 0.7 per
cent.
The changes in MNC gross product reflected both
generally weak economic conditions worldwide and
particular circumstances in a number of industries in
which MNCs have a significant presence, including cy
clically sensitive durable-goods manufacturing indus
tries, telecommunications, and finance and insurance.
The major developments described in this article were
largely attributable to changes in the ongoing opera
tions of firms that existed in both 2000 and 2001 be
cause only a small number of parents and affiliates
exited the MNC universe in 2001.
By industry, the decrease in MNC gross product was
mainly accounted for by durable-goods manufactur
ing, such as motor vehicles and computers. Falling
production in these industries mainly reflected weak
demand by businesses and consumers. Worldwide unit
sales of motor vehicles decreased slightly in 2001 after
V
increasing 3 percent in 2000.1 Worldwide unit sales of
personal computers fell 5 percent in 2001 after increas
ing 15 percent in 2000.2 The cyclical sensitivity of de
mand for durable goods has been widely noted and
reflects a tendency for businesses and consumers to
postpone purchases of durable goods during periods
of economic weakness and uncertainty.3 In some in
dustries, the decrease in MNC gross product was partly
attributable to reductions in the market share of some
U.S. parents. For example, in the United States, the
largest U.S. vehicle manufacturers that are U.S. parent
companies lost significant market share to manufac
turers that are not U.S. parents or that are parents who
obtain more of their inputs from outside the firm.
MNC gross product in the United States and in ev
ery other major geographic area decreased (chart 1).
The gross product of U.S. parents, which continued to
account for more than three-fourths of U.S.-MNCs
1. E s tim a te s o f w o r ld w id e sales o f m o t o r v e h ic le s a re f r o m M a r k e t D a t a
B o o k 2 0 0 1 f r o m th e A u t o m o t iv e N e w s W e b s ite a t < w w w .a u t o n e w s .c o m > .
2 . E s tim a te s o f w o r ld w id e sales o f p e r s o n a l c o m p u te r s a re f r o m G a r t n e r
D a ta q u e s t, “ G a r t n e r D a ta q u e s t Says 2 0 0 1 is a Y e a r B a tte r e d P C V e n d o rs
W o u ld R a th e r F o r g e t” (n e w s re le a s e , J a n u a r y 1 7 , 2 0 0 2 ) ; < w w w 3 .g a r t n e r .c o m > .
3 . F o r a d is c u s s io n o f h is t o r ic a l p a tte r n s in c o n s u m e r s p e n d in g o n d u r a
b le g o o d s , see L a r r y R . M o r a n a n d C li n t o n P. M c C u lly , “ T re n d s in C o n
s u m e r S p e n d in g , 1 9 5 9 - 2 0 0 0 ,” S u r v e y o f C u r r e n t B usin ess 8 3 ( M a r c h 2 0 0 1 ) :
1 5 -2 1 .
Acknowledgm ents
The 2001 annual survey was conducted under the
direction of Patricia C. Walker. James Y. Shin super
vised the editing and processing of the reports. The
following staff contributed to the processing and edit
ing of the survey or to related computer program
ming: Joan O. Adams, Christina D. Briseno, Beverly
Brooks, Margo R. Collier, James J. Crim, David N.
Hale, Jeni Halpern, Carole J. Henry, Jeanne Hicks,
Barbara K. Hubbard, Christine J. Lee, Neeta Kapoor,
Stephanie A. Lewis, Steve D. Lewis, Marcia S. Miller,
Juanita L. Mortimer, Xia Ouyang, Amanda M.
Petersen, Monique M. Pickett, Gary E. Sowers, Nancy
F. Steffen, and Felita A. Traynham.
86
November 2003
U.S. Multinational Companies
gross product, decreased about twice as fast as that of
MOFAs. The sharper decreases in parent gross product
coincided with relatively weak economic growth in the
United States: In 2001, real economic growth in the
United States was only 0.3 percent, compared with 1.5
percent, on average, in MOFA host countries.4 In per
centage terms, decreases abroad were most pro
nounced in Africa and in Latin America and Other
Western Hemisphere. In Africa, the gross product of
MOFAs decreased 11 percent, reflecting the concentra
tion of MOFA production in oil and gas extraction
combined with a fall in oil prices and weak demand for
petroleum products. In Latin America, decreases were
concentrated in South America— particularly Brazil
and Argentina— and generally reflected weak business
conditions.
The following are additional highlights of MNC op
erations in 2001:
•Worldwide production, capital expenditures, and
employment of U.S. MNCs remained concentrated
in the United States: U.S. parents accounted for
about three-fourths, and MOFAs for about onefourth, of their combined gross product of $2,535.6
billion, employment of 31.6 million, and capital
expenditures of $528.6 billion.
•U.S. MNCs continued to account for a large share of
U.S. trade in goods. U.S. exports of goods that
involved U.S. parents or their foreign affiliates were
$425.4 billion, or 58 percent of total U.S. exports of
goods. U.S. imports of goods that were associated
with U.S. MNCs were $432.9 billion, or 38 percent
of total U.S. imports of goods.
• Newly acquired or established MOFAs continued to
be concentrated in large and affluent markets, such
as the European Union, and in most cases, the sales
by these new affiliates continued to be directed pri
marily toward the local market. This tendency sug
gests that access to markets continues to be a more
significant factor in investment decisions than
access to low-cost labor and other productive
resources.
• Despite the falling total gross product of MOFAs,
the gross product of MOFAs in Eastern Europe
increased at a double-digit rate as it has, almost
unabated, since 1989, when the Berlin Wall fell and
the region began to reopen to investments from
Western countries. Some of the region’s features
that are conducive to foreign direct investment are
an abundance of skilled labor and natural resources
Table 1. Gross Product, Employment, and Capital Expenditures
of Nonbank U.S. MNCs,
U.S. Parents, and Foreign Affiliates, 1982-2001
U.S. MNCs
Parents
and all
affiliates
Affiliates
Parents
and
MOFAs
Parents
Total
MOFAs
Other
Gross product
Millions of dollars:
1982................................
1983................................
1984................................
1985................................
1986................................
1987................................
1988................................
1989................................
1990................................
1991................................
1992................................
1993................................
1994................................
1995................................
1996................................
1997................................
1998................................
1999'...............................
2000r...............................
2001p...............................
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
796,017
1,019,734
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1,364,878 1,044,884
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1,717,488 1,313,792
1,831,046 1,365,470
1,978,948 1,480,638
2,094,318 1,573,451
2,100,773 1,594,504
2,480,739 1,914,343
2,748,106 2,141,480
2,535,568 1,952,124
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
223,717
216,683
220,331
220,074
231,644
269,734
297,556
319,994
356,033
355,963
361,524
359,179
403,696
465,576
498,310
520,867
506,269
566,396
606,626
583,444
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Percent change at
annual rates:
1994-2000.....................
2000-2001 .....................
Number of employees
Thousands:
1982................................
1983................................
1984................................
1985................................
1986................................
1987................................
1988................................
1989................................
1990................................
1991................................
1992................................
1993................................
1994................................
1995................................
1996................................
1997................................
1998................................
1 9 9 9 '..............................
2000r...............................
2001» ..............................
n.a.
n.a.
8.3
-7.7
8.7
- 8.8
n.a.
n.a.
7.2
-3.8
n.a.
n.a.
25,344.8
24,782.6
24,548.4
24,531.9
24,082.0
24,255.4
24,141.1
25,387.5
25,263.6
24,837.1
24,189.7
24,221.5
25,670.0
25,921.1
26,334.0
27,851.0
28,003.6
32,227.0
33,598.2
33,225.8
23,727.0
23,253.1
22,972.6
22,923.0
22,543.1
22,650.0
22,498.1
23,879.4
23,785.7
23,345.4
22,812.0
22,760.2
24,272.5
24,499.7
24,867.0
26,358.0
26,592.9
30,772.6
32,056.6
31,643.6
18,704.6
18,399.5
18,130.9
18,112.6
17,831.8
17,985.8
17,737.6
18,765.4
18,429.7
17,958.9
17,529.6
17,536.9
18,565.4
18,576.2
18,790.0
19,878.0
19,819.8
23,006.8
23,885.2
23,450.2
6,640.2
6,383.1
6,417.5
6,419.3
6,250.2
6,269.6
6,403.5
6,622.1
6,833.9
6,878.2
6,660.1
6,684.6
7,104.6
7,344.9
7,544.0
7,973.0
8,183.8
9,220.2
9,713.0
9,775.6
5,022.4
4,853.6
4,841.7
4,810.4
4,711.3
4,664.2
4,760.5
5,114.0
5,356.0
5,386.5
5,282.4
5,223.3
5,707.1
5,923.5
6,077.0
6,480.0
6,773.1
7,765.8
8,171.4
8,193.4
1,617.8
1,529.5
1,575.8
1,608.9
1,538.9
1,605.4
1,643.0
1,508.1
1,477.9
1,491.7
1,377.7
1,461.3
1,397.5
1,421.4
1,467.0
1,493.0
1,410.7
1,454.4
1,541.6
1,582.2
4.7
- 1.1
4.8
-1.3
4.4
- 1.8
5.5
0.6
6.3
0.3
2.6
248,262
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
276,790
n.a.
n.a.
n.a.
n.a.
328,240
n.a.
n.a.
n.a.
n.a.
514,038
n.a.
n.a.
233,078
197,534
203,791
221,509
203,809
199,171
223,814
260,488
274,614
269,221
272,049
271,661
303,364
323,616
340,510
398,037
411,155
483,032
506,950
528,553
188,266
160,656
168,692
185,027
169,131
162,139
177,203
201,808
213,079
206,290
208,834
207,437
231,917
248,017
260,048
309,247
317,184
369,728
396,311
417,111
59,996
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
74,982
n.a.
n.a.
n.a.
n.a.
96,323
n.a.
n.a.
n.a.
n.a.
144,310
n.a.
n.a.
44,812
36,878
35,099
36,482
34,678
37,032
46,611
58,680
61,535
62,931
63,215
64,224
71,447
75,599
80,462
88,790
93,971
113,304
110,637
111,442
15,184
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
16,302
n.a.
n.a.
n.a.
n.a.
24,876
n.a.
n.a.
n.a.
n.a.
31,006
n.a.
n.a.
n.a.
n.a.
9.1
4.3
9.5
5.2
n.a.
n.a.
7.7
0.7
n.a.
n.a.
Percent change at
annual rates:
1994-2000.....................
2000-2001 .....................
Capital expenditures
Millions of dollars:
1982................................
1983................................
1984................................
1985................................
1986................................
1987................................
1988................................
1989................................
1990................................
1991................................
1992................................
1993................................
1994................................
1995................................
1996................................
1997................................
1998................................
19991..............................
2000r...............................
2001'’ ..............................
1.7
Percent change at
annual rates:
1994-2000.....................
2000-2001.....................
p Preliminary.
'Revised.
4.
T h e a v e ra g e r a te o f re a l e c o n o m ic g r o w t h in h o s t c o u n tr ie s w a s d e r iv e d
as a w e ig h t e d a v e ra g e ( w e ig h te d b y M O F A gross p r o d u c t ) u s in g d a ta f r o m
th e W o r l d B a n k G r o u p W e b s ite a t < w w w .w o r ld b a n k .o r g > .
1.
Beginning with 1999, very small affiliates and the parents of very small affiliates are included in the esti
mates. (See the technical note on page 121 of the December 2002 issue of the Survey of Current Business for
details.)
M NC Multinational company.
MOFA Majority-owned foreign affiliate,
n.a. Not available.
Chart 1. Percent Change in Gross Product of Nonbank U.S.-MNCs, by Country, 2001
N ovem ber
2003
S
urvey
of
C
urrent
B
u s in e s s
I
No data or not meaningful
H - 5 to 0 percent
M NC Multinational com pany
U.S. Bureau of E conom ic A nalysis
0
-1 0 t o -5 percent
1
-1 0 percent or less
00
November 2003
U.S. Multinational Companies
88
and the proximity to large, affluent European m ar
kets.
• The origin o f output o f U.S. parent companies and
o f MOFAs in manufacturing shifted away from pro
duction within the firm and toward an increased
reliance on outside suppliers between 1999 and
2001.
The remainder o f this article has three parts. The
first part analyzes the worldwide operations o f U.S.
MNCs, the second part analyzes their U.S. operations,
and the third part analyzes their foreign operations.
W
o r ld w id e
O p e r a tio n s
o f
U .S .
M N C s
This section examines the changes in U.S.-M NC gross
product, employment, and U.S. trade in goods that is
associated with U.S. MNCs.
C hanges in gross product
Current-dollar gross product o f U.S. MNCs decreased
7.7 percent in 2001, to $2,536 billion. Available evi
dence on price and exchange-rate changes suggests
that the gross product o f both U.S. parents and MOFAs
decreased in real terms and that the decrease was more
Key Terms
The following key terms are used to describe U.S. multi
national companies (MNCs) and their operations. For a
comprehensive discussion of the terms and the concepts
used, see Raymond J. Mataloni, Jr., “A Guide to BEA Sta
tistics on U.S. Multinational Companies,” Su r v e y o f C u r
r e n t B usiness 75 (March 1995): 38-55.
degree of managerial influence.
Majority-owned foreign affiliate (MOFA). A foreign
affiliate in which the combined ownership of all U.S. par
ents exceeds 50 percent. In 2001, MOFAs accounted for
84 percent of the employment of all foreign affiliates of
U.S. MNCs, up from 77 percent in 1989.
U.S. MNCs
Measures of operations
U.S. multinational company (MNC). The U.S. parent
Gross product. The portion of the goods and services
sold or added to inventory or fixed investment by a firm
that reflects the production of the firm itself. Gross prod
uct, often referred to as value added, can be measured as
gross output minus intermediate inputs. Alternatively, it
can be measured as the sum of the costs incurred (except
for intermediate inputs) and the profits earned in pro
duction. The gross product estimates presented here were
prepared by summing cost and profit data collected
in the annual and benchmark surveys of USDIA. For the
derivation of the current-dollar estimates of gross prod
uct, see Raymond J. Mataloni, Jr., and Lee Goldberg,
“Gross Productof U.S. Multinational Companies, 197791,” Su r v e y 74 (February 1994): 57.
Capital expenditures. Expenditures made to acquire,
add to, or improve property, plant, and equipment
(PP8cE). PP8cE includes land, timber, mineral and likerights owned; structures, machinery, equipment, special
tools, and other depreciable property; construction in
progress; and tangible and intangible exploration and
development costs. Changes in PP8cE due to changes
in entity— such as mergers, acquisitions, and divesti
tures— or to changes in accounting methods are ex
cluded. Capital expenditures are measured on a gross
basis; sales and other dispositions of fixed assets are not
netted against them.
Employment. The number of full-time and part-time
employees on the payroll at yearend. If the employment
of a parent or an affiliate was unusually high or low
because of temporary factors (such as a strike) or large
seasonal variations, the number that reflected normal
operations or an average for the year was requested.
and its foreign affiliates. (In this article, a MNC is usually
defined as the U.S. parent and its majority-owned foreign
affiliates.)
U.S. parent. A person, resident in the United States, that
owns or controls 10 percent or more of the voting securi
ties, or the equivalent, of a foreign business enterprise.
“Person” is broadly defined to include any individual,
branch, partnership, associated group, association, estate,
trust, corporation, or other organization (whether orga
nized or not under the laws of any State), or any govern
ment entity. If incorporated, the U.S. parent is the fully
consolidated U.S. enterprise consisting of (1) the U.S.
corporation whose voting securities are not owned more
than 50 percent by another U.S. corporation and (2) pro
ceeding down each ownership chain from that U.S. cor
poration, any U.S. corporation whose voting securities
are more than 50 percent owned by the U.S. corporation
above it. A U.S. parent comprises the domestic opera
tions of a U.S. MNC, covering operations in the 50 States,
the District of Colombia, the Commonwealth of Puerto
Rico, and all other U.S. areas.
U.S. direct investment abroad (USDIA). The owner
ship or control, directly or indirectly, by one U.S. person
of 10 percent or more of the voting securities of an incor
porated foreign business enterprise or the equivalent
interest in an unincorporated business enterprise.
Foreign affiliate. A foreign business enterprise in which
there is U.S. direct investment, that is, in which a U.S.
person owns or controls (directly or indirectly) 10 per
cent or more of the voting securities or the equivalent.
Foreign affiliates comprise the foreign operations of a
U.S. MNC over which the parent is presumed to have a
November 2003
Survey
of
significant for U.S. parents than for MOFAs. For U.S.
parents, current-dollar gross product decreased 8.8
percent despite a 2.4-percent rate of U.S. price inflation
(as measured by the implicit price deflator for gross
domestic product (GDP) of all private U.S. busi
nesses). For MOFAs, current-dollar gross product de
creased 3.8 percent despite a 2.3-percent average
inflation in the host countries of MOFAs.5 However,
the exchange value of the U.S. dollar increased 4.3 per
cent, which would tend to decrease the dollar value of
MOFA gross product.6 On balance, it would appear
that the real gross product of MOFAs decreased mod
estly in 2001.
C h a n g e s
in
tra d e
in
g o o d s
In 2001, U.S. exports of goods that involved U.S. par
ents or their foreign affiliates— MNC-associated ex
ports— decreased 5.2 percent, to $425.4 billion after a
3-percent increase in 2000 (table 2). This decrease co
incided with a much larger reversal in goods exports by
all U.S. businesses, which fell 7 percent after increasing
12 percent. Because of the relatively more modest de
crease for U.S. MNCs, the MNC share of total U.S. ex
ports of goods edged up, from 57 percent in 2000 to 58
percent in 2001.
MNC-associated imports of goods decreased 2.9
percent, to $432.9 billion after a 14.8-percent increase
5 . T h e r a t e o f p r ic e in f l a t io n in 7 m a j o r E u r o - a r e a c o u n tr ie s a n d 1 5 o t h e r
m a jo r h o s t c o u n tr ie s a v e ra g e d 2 .3 p e r c e n t. ( C o lle c tiv e ly , th e s e c o u n tr ie s
a c c o u n te d f o r 8 2 p e r c e n t o f t o t a l M O F A g ro ss p r o d u c t in 2 0 0 1 .) T h e a v e r
age in f l a t io n in th e s e h o s t c o u n tr ie s w a s d e r iv e d as a w e ig h t e d a v e ra g e ( in
te r m s o f M O F A g ro ss p r o d u c t ) u s in g d a ta o n G D P im p li c i t p r ic e d e fla to rs
f r o m t h e W o r l d B a n k G r o u p W e b site.
6 . I n a d d it io n t o th e e ffe c ts o f p ric e s , t h e g ro ss p r o d u c t o f M O F A s c a n b e
a ffe c te d b y e x c h a n g e -r a te c h a n g e s b e c a u s e t h e s u r v e y d a ta u s e d t o c o m p u te
t h e g ro ss p r o d u c t e s tim a te s is b a s e d o n th e b o o k s o f t h e fo r e ig n a ffilia te s ,
w h ic h a re g e n e r a lly k e p t in t h e lo c a l f o r e ig n c u r r e n c y a n d th u s m u s t b e
t r a n s la te d t o o b t a in U .S .- d o l la r v a lu e s . I n 2 0 0 1 , th e a v e ra g e (w e ig h te d b y
M O F A gross p r o d u c t ) U .S .- d o l la r p r ic e o f t h e c u rre n c ie s o f 7 m a j o r E u r o a re a c o u n tr ie s a n d 15 o t h e r m a jo r h o s t c o u n tr ie s f e ll 4 .3 p e rc e n t.
in 2000. This decrease coincided with a much larger re
versal in goods imports by all U.S. businesses, which
fell 6 percent after increasing 19 percent in 2000. Be
cause of the smaller decrease for U.S. MNCs, the MNC
share of total U.S. imports of goods edged up from 37
percent in 2000 to 38 percent in 2001.
The decrease in the share of U.S.-MNC-associated
exports of goods that represented trade between U.S.
parents and their foreign affiliates was less pronounced
than that of U.S.-MNC trade with others.7 Exports by
U.S. parents to their foreign affiliates decreased 2.1
percent, and U.S. exports between U.S. MNCs and oth
ers decreased 7.2 percent. The decrease in intra-MNC
exports mainly reflected falling trade between U.S.
e m p lo y m e n t
Employment by U.S. MNCs decreased 1.3 percent in
2001, to 31.6 million workers. The employment of U.S.
parents decreased 1.8 percent, to 23.5 million. The de
crease was concentrated in manufacturing and mainly
resulted from sizeable layoffs related to restructuring
by a small number of U.S. parents. The employment
of MOFAs increased 0.3 percent, to 8.2 million. The
increase was concentrated in service industries such as
retail trade and finance and insurance. The opposing
changes for parents and affiliates occurred in different
MNCs and therefore appear to be unconnected to po
tential “job shifting” from U.S. parents to their foreign
affiliates.
U .S .-M N C -a s s o c ia te d
89
C u r r e n t B u s in e s s
Table 2. U.S. Trade in Goods Associated with
Nonbank U.S. MNCs, Selected Years
[Millions of dollars]
2000
2001
MNC-associated U.S. exports, total................
344,504
435,192
448,807
425,389
Intra-MNC trade..................................................
Shipped by U.S. parents to their MOFAs....
Shipped by U.S. parents to their other
foreign affiliates1..........................................
MNC trade with others.......................................
Shipped by U.S. parents to foreigners other
than their own affiliates.............................
Of which:
Shipped by U.S. parents to their
foreign parent groups2 .....................
Shipped to foreign affiliates by U.S. persons
other than their own parents.....................
To MOFAs....................................................
To other foreign affiliates3 ........................
136,128
132,694
162,503
158,575
182,719
175,234
178,587
171,565
3,434
208,376
3,928
272,689
7,485
266,088
7,022
246,802
185,050
238,693
238,717
219,821
18,207
26,140
30,685
27,833
23,326
20,774
2,552
33,996
31,973
2,023
27,371
27,371
n.a.
26,981
26,981
n.a.
MNC-associated U.S. imports, total................
256,820
388,480
446,016
432,929
Intra-MNC trade..................................................
Shipped by MOFAs to their U.S. parents....
Shipped by other foreign affiliates to their
U.S. parents 1..............................................
MNC trade with others........................................
Shipped to U.S. parents by foreigners other
than their own affiliates..............................
Of which:
Shipped to U.S. parents by their
foreign parent groups 2 .....................
Shipped by foreign affiliates to U.S. persons
other than their own parents.....................
By MOFAs..................................................
By other foreign affiliates3........................
113,415
107,203
164,449
158,958
191,150
182,555
179,174
169,519
6,212
143,405
5,491
224,032
8,595
254,866
9,655
253,755
122,638
193,969
220,627
221,169
43,243
78,002
91,529
83,362
20,767
15,161
5,606
30,063
23,288
6,775
34,239
29,357
4,882
32,586
27,917
4,669
512,626
695,797
781,918
729,100
1994
1999
Addenda:
All U.S. exports of goods.......................................
U.S.-MNC-associated U.S. exports as a
percentage of total..........................................
lntra-U.S.-MNC exports as a percentage of
total...................................................................
All U.S. imports of goods.......................................
U.S.-MNC-associated U.S. imports as a
percentage of total..........................................
lntra-U.S.-MNC imports as a percentage of
total...................................................................
67
63
57
58
26
663,256
23
1,024,618
22
1,218,022
24
1,140,999
39
38
37
38
17
16
16
16
1. In nonbenchmark survey years (such as 2001), this number is calculated as total exports (imports)
between U.S. parents and all of their foreign affiliates (as reported by U.S. parents) less exports (imports)
between U.S. parents and MOFAs (as reported by MOFAs).
2. For U.S. parents that are, in turn, owned 10 percent or more by a foreign person, the foreign parent group
(FPG) consists of (1) the foreign parent of the U.S. parent, (2) any foreign person, proceeding up the foreign
parent's ownership chain, that owns more than 50 percent of the person below, and (3) any foreign person,
proceeding down the ownership chain(s) of each of these members, that is owned more than 50 percent by the
person above it. Trade between foreign-owned U.S. parents and their FPGs is not considered Intra-MNC”
trade in this table because FPGs are excluded from BEA's definition of a U.S. MNC.
3. In nonbenchmark survey years, this number is calculated as total exports (imports) associated with
“other' (that is, minority-owned) foreign affiliates (as reported by affiliates) less the estimate of exports
(imports) between U.S. parents and “other foreign affiliates calculated as described in footnote 1. However,
these estimates are subject to some imprecision because of diffrences in the coverage of the data reported by
U.S. parents and foreign affiliates. No estimates of exports shipped to other foriegn affiliates by U.S. parents
are available for 2000 and for 2001 beacuse the differences were especially large in those years. The source
of imprecision also affects the accuracy of the distinction between intra-MNC tradeand MNC trade with others.
MNC Multinational company
MOFA Majority-owned foreign affiliate
n.a. Not available
90
U.S. Multinational Companies
parents and their European affiliates that produce con
sumer durable goods, primarily for the local market.
The decrease in U.S. exports between U.S. MNCs and
others was concentrated in durable-goods m anufac
turing and probably reflected weak business conditions
abroad.
M ost o f the decrease in U.S.-M NC-associated im
ports o f goods reflected a decrease in intra-M N C
7.
U .S .- M N C - a s s o c ia t e d U .S . t r a d e in g o o d s m a y b e d is a g g re g a te d in t o
t w o b r o a d c a te g o rie s : ( 1 ) I n t r a - M N C tr a d e — tr a d e b e tw e e n U .S . p a re n ts
a n d t h e ir f o r e ig n a ffilia te s , a n d ( 2 ) M N C tr a d e w it h o th e rs — tr a d e b e tw e e n
U .S . p a re n ts a n d fo re ig n e rs o t h e r t h a n t h e ir f o r e ig n a ffilia te s a n d tr a d e
b e tw e e n f o r e ig n a ffilia te s a n d U .S . p e rs o n s o t h e r t h a n t h e ir U .S . p a re n ts .
B E A ’s d a t a o n i n t r a - M N C t r a d e a re d is t in c t f r o m a s im ila r d a t a serie s o n
r e la t e d - p a r t y tr a d e f r o m th e C e n s u s B u r e a u . U n li k e B E A ’s d a ta o n in t r a M N C tr a d e , w h ic h a re f r o m s u rv e y s o f M N C o p e r a tio n s , th e C e n s u s
B u re a u d a ta a re b a s e d o n a c h e c k o f f q u e s tio n in c u s to m s d e c la ra tio n s o f
e x p o rts a n d im p o r t s . F o r e x p o r ts , th e d e f in it i o n o f “ re la te d p a r t y ” in th e
c u s to m s d e c la r a tio n s is b a s e d o n a n o w n e r s h ip s h a re o f a t le a s t 10 p e rc e n t,
w h ic h is c o n s is te n t w it h th e d e f in it i o n o f d ir e c t in v e s tm e n t u s e d i n B E A ’s
s u rv e y s ; h o w e v e r, f o r im p o r t s , th e c u s to m s d e f in it i o n is b a s e d o n a 6 - p e r c e n t o w n e r s h ip s h a re . I n a d d it io n , th e d a ta o n r e la t e d - p a r t y tr a d e , u n lik e
B E A ’s d a ta , d o n o t d is tin g u is h t h e tr a d e b e tw e e n U .S . a n d fo r e ig n u n its o f
U .S . m u lt in a t io n a l c o m p a n ie s f r o m th e tr a d e b e tw e e n U .S . a n d f o r e ig n
u n its o f f o r e ig n m u lt in a t io n a l c o m p a n ie s ; b u t t h e y d o p r o v id e e x te n s iv e
p r o d u c t d e t a il t h a t is u n a v a ila b le in t h e B E A d a ta . F o r a d d it io n a l i n f o r m a
t io n o n B E A ’s s u rv e y -b a s e d d a ta , see W i l l i a m J. Z e ile , “ T r a d e in G o o d s
W i t h i n M u lt i n a t i o n a l C o m p a n ie s : S u rv e y -B a s e d D a t a a n d F in d in g s f o r th e
U n it e d S ta te s o f A m e r ic a .” ( p a p e r p re s e n te d a t th e O r g a n is a tio n f o r E c o
n o m ic C o - O p e r a t io n a n d D e v e lo p m e n t C o m m it t e e o n In t e r n a t io n a l
In v e s tm e n t a n d M u lt i n a t i o n a l E n te r p r is e , W o r k s h o p o n In t e r n a t io n a l
In v e s tm e n t S ta tis tic s , P a ris , F ra n c e , N o v e m b e r 3 - 4 , 2 0 0 3 ) ; < w w w .b e a .g o v /
b e a /p a p e r s .h t m > .
November 2003
trade. Intra-M N C U.S. imports decreased 6.3 percent,
and U.S. imports between U.S. MNCs and others
edged down 0.4 percent. The decrease in intra-M N C
imports mainly reflected falling imports by U.S. par
ents from their Canadian affiliates that produce m otor
vehicles and from their Asian affiliates that produce
computers and related products. The decrease in U.S.
imports between U.S. M NCs and others was concen
trated in computers-and-related-products m anufac
turing and probably reflected weak sales in the United
States.
U .S .
P a r e n ts ’ O p e r a tio n s
This section examines the changes in U.S.-parent gross
product by industry in 2001 and the origin o f output
by U.S. parents in m anufacturing.8
C han g es in gross product
The gross product o f U.S. parents decreased 8.8 per
cent in 2001, to $1,952.1 billion (table 3). Most o f the
decrease reflected reduced output from ongoing oper
ations; less than 5 percent o f the decrease in level re-
8 . A U .S . p a r e n t m a y b e u n d e r t h e c o n t r o l o f a fo r e ig n p a r e n t c o m p a n y . I n
2 0 0 1 , U .S . p a re n ts t h a t w e r e c o n t r o lle d b y fo r e ig n p a re n ts h a d a c o m b in e d
gross p r o d u c t o f $ 1 8 4 .8 b il li o n , o r 9 p e r c e n t o f th e t o t a l g ro ss p r o d u c t o f a ll
U .S . p a re n ts o f $ 1 ,9 5 2 .1 b illio n .
Data on U.S. Direct Investment Abroad
BEA collects two broad sets of data on U.S. direct invest
ment abroad (USDIA): (1) Financial and operating data
of U.S. multinational companies, and (2) international
transactions and direct investment position data. This
article presents the first set of data; the international
transactions and direct investment position data are gen
erally published in the July and September issues of the
Su r v e y o f C u r r e n t B usin e s s .
Financial and operating data. The financial and oper
ating data provide a picture of the overall activities of for
eign affiliates and U.S. parent companies using a variety
of indicators of their financial structure and operations.
The data on foreign affiliates cover the entire operations
of the affiliate, irrespective of the percentage of U.S. own
ership. These data cover items that are needed in analyz
ing the characteristics, performance, and economic
impact of multinational companies, such as sales, gross
product (value added), employment and compensation
of employees, capital expenditures, exports and imports,
and research and development expenditures. Separate
tabulations are available for all affiliates and for affiliates
that are majority-owned by their U.S. parent(s).
International transactions and direct investment
position data. The international transactions data cover a
foreign affiliate’s transactions with its U.S. parent(s), so
these data focus on the U.S. parent's share, or interest, in
its affiliate rather than on the affiliate’s size or level of
operations. These data are essential to the compilation of
the U.S. international transactions accounts (ITAs), the
international investment position, and the national
income and product accounts. The major data items
include capital flows (recorded in the ITA’s financial
account), which measure the funds that U.S. parents pro
vide to their foreign affiliates, and income (recorded in
the ITAs current account), which measures the return on
those funds. The data also cover royalties and license fees
and other service charges that parents receive from or pay
to their affiliates. All of these items measure flows in a
particular time period, such as a quarter or a year.
Direct investment position data are stock data and are
cumulative; they measure the total outstanding level of
U.S. direct investment abroad at yearend. Estimates are
provided both at historical cost and in terms of currentperiod prices. The historical-cost estimates are published
by country and by industry.
November 2003
Survey
of
fleeted U.S. companies departing the MNC universe by
selling or liquidating their last foreign affiliate.
The substantial decrease in the gross product of U.S.
parent companies primarily reflects the concentration
of U.S. parent companies in the more cyclically sensi
tive sectors of the economy. Durable-goods manufac
turing, in which output tends to fall especially rapidly
during economic slowdowns, accounted for about 25
percent of U.S.-parent gross product, considerably
above the 8-percent share of this industry in the U.S.
economy as a whole. In addition, production by par
ents in some industries, such as computer and semi
conductor manufacturing and telecommunications,
was negatively affected by the widespread failure of In
ternet-related firms in 2001.
By industry, the gross product of U.S. parents in
manufacturing decreased 14.1 percent and accounted
for three-fourths of the decrease in total parent gross
product. This sector was one of several with particu
larly sharp declines; the others included finance (ex
cept banks) and insurance (with a 21.5-percent
decrease) and information (with a 16.4-percent de
crease) (table 4). The decrease in the manufacturing
sector was most pronounced in the durable-goods in
dustries.9 In the finance and insurance sector, the larg
est decrease was in the securities industry and partly
reflected reduced demand for investment banking ser
vices as a result of the sharp drop in corporate mergers
and acquisitions worldwide. In the information sector,
the decrease was concentrated in telecommunications
and partly reflected reduced usage of traditional landline telephones and falling rates.10
9 . A m o n g th e d u r a b le -g o o d s m a n u f a c t u r in g in d u s tr ie s i n ta b le 4 , th e
la rg e s t d e c lin e s w e r e in c o m p u te r s a n d e le c tr o n ic p r o d u c t s a n d in t r a n s p o r
t a t io n e q u ip m e n t .
1 0 . C a ll m in u t e s o n t r a d it io n a l la n d lin e te le p h o n e s f e ll 4 p e r c e n t in 2 0 0 1
a ft e r in c re a s in g 1 3 p e r c e n t in 2 0 0 0 . A v e ra g e re v e n u e p e r c a ll o n d o m e s tic
ca lls d e c re a s e d t o 8 c e n ts p e r m i n u t e in 2 0 0 1 f r o m 9 c e n ts p e r m i n u t e in
2 0 0 0 ; th e a v e ra g e re v e n u e o n in t e r n a t io n a l c a lls f e ll f r o m 5 2 c e n ts t o 3 5
c e n ts (se e ta b le s 1 0 .1 a n d 1 3 .4 o f th e F e d e ra l C o m m u n ic a t io n s C o m m is
s io n ’s 2 0 0 3 Tre n d s in T e le p h o n e S e rv ic e ).
Table 3. Sources of Change in Gross Product for Nonbank
U.S. Parents, 2000-2001
Millions of
dollars
Line
1
?
3
4
5
6
7
2000 level..............................................................................................................
Total change........................................................................................................
New parents 1 ......................................................................................................
Changes in operations 2 ....................................................................................
Parents departing the universe3.......................................................................
Other changes4...................................................................................................
2001 level..............................................................................................................
2,141,480
-189,356
1,486
-180,453
-7,551
-2,838
1,952,124
1. Parents that established or acquired their first foreign affiliate in 2001.
2. Consists of changes in existing operations and changes resulting from parents acquiring, estab
lishing, selling, or liquidating parts of their consolidated operations. BEA generally requires survey
respondents to fully consolidate their parent operations.
3. Parents that sold or liquidated their last foreign affiliate in 2001.
4. Equals the change in the gross product of parents not accounted for in lines 3-5. It includes changes
resulting from the addition to the survey universe of parents that were required to report in earlier years but did
not.
91
C u r r e n t B u s in e s s
In the mining and utilities sectors, the gross product
of U.S. parents increased substantially, primarily be
cause of U.S. parents’ acquisitions of other U.S. com
panies that were not previously multinationals.
O r ig in
o f o u t p u t in
m a n u fa c tu r in g
The output of U.S. parents in manufacturing consists
of the goods and services that they produce and sell or
add to their inventories. The origin of the output can
be traced to the gross product that originates from the
parents and the gross product that originates else
where.
In 2001, the gross product of parents accounted for
30 percent of the total output of U.S. parents in manu
facturing, and goods and services purchased by parents
from outside suppliers accounted for the remaining 70
percent (table 5).11
1 1.
T h is a n a ly s is is r e s tr ic te d to m a n u f a c tu r in g in d u s tr ie s p a r t ly b e c a u s e
o f t h e u n a v a ila b ilit y o f o u t p u t e s tim a te s f o r s o m e o t h e r in d u s tr ie s . I n m o s t
in d u s tr ie s , th e s u m o f sales a n d in v e n t o r y c h a n g e c a n b e u s e d as a m e a s u re
o f in d u s t r y o u t p u t , a n d th e p u rc h a s e s o f a ll th e g o o d s a n d servic es e x c e p t
c a p ita l e q u ip m e n t b y th e f ir m s in th e in d u s t r y a re r e g a r d e d as th e in t e r m e
d ia te in p u ts u s e d b y th e s e fir m s in p r o d u c in g t h e ir o u t p u t . H o w e v e r , c e r
t a i n s e rv ic e in d u s tr ie s — fin a n c e , in s u r a n c e , a n d w h o le s a le a n d r e ta il
tr a d e — in w h ic h th e p r i n c ip a l o u t p u t is f in a n c ia l in t e r m e d ia ti o n o r d is t r i
b u t io n o f g o o d s h a v e s p e c ia l c h a ra c te ris tic s th a t r e q u ir e t h a t t h e ir o u t p u t b e
m e a s u re d d iffe r e n tly , a n d m o s t g o o d s a n d s ervic es p u r c h a s e d b y th e se
in d u s tr ie s a re n o t in t e r m e d ia te in p u ts u s e d in p r o d u c t io n .
F o r th e s u rv e ys o f fo r e ig n d ir e c t in v e s tm e n t in th e U n it e d S ta te s, B E A h as
in s t it u t e d c h a n g e s in d a ta c o lle c tio n th a t w i l l a llo w m e a s u re s o f o u t p u t to
b e c o n s tr u c te d f o r fo r e ig n - o w n e d U .S . f ir m s i n th e se in d u s tr ie s , a n d it
p la n s to in s titu te s im ila r c h a n g e s, b e g in n in g w it h t h e 2 0 0 4 b e n c h m a r k s u r
v e y o f U .S . d ir e c t in v e s tm e n t a b r o a d . See O b ie G . W h ic h a r d a n d M a r i a
B o r g a , “ S e le c te d Issu es in th e M e a s u r e m e n t o f U .S . In t e r n a t io n a l S ervice s ,”
Su r v e y 8 2 (J u n e 2 0 0 2 ) : 3 6 - 5 6 .
Table 4. Gross Product of Nonbank U.S. Parents
by Major Industry, 2000 and 2001
[Millions of dollars]
Addenda:
2000
2001
Change
Percent
change
All Industries...........................................................
2,141,480
1,952,124
-189,356
- 8.8
Mining.........................................................................
27,681
7,648
27.6
Utilities........................................................................
Manufacturing............................................................
Food.......................................................................
Beverages and tobacco products.......................
Textiles, apparel, and leather products..............
Wood products......................................................
Paper.............................
Printing and related support activities...............
Petroleum and coal products
Chemicals....................
Plastics and rubber products
Nonmetallic mineral products
Primary and fabricated metals............................
Machinery....................
Computers and electronic products...................
Electrical equipment, appliances, and
components.......................................................
Transportation equipment....................................
Other......................................................................
80,542
35,329
100,279
19,737
24.5
995,123
47,214
48,239
16,928
2,097
45,793
11,653
111,858
141,326
25,088
13,575
43,925
75,161
142,085
854,549
50,906
42,902
13,556
1,826
42,683
9,445
94,303
138,855
22,704
12,143
42,043
76,291
88,632
-140,574
3,692
-5,337
-3,372
-271
-3,110
-2,208
-17,555
-2,471
-2,384
-1,432
-1,882
1,130
-53,453
-14.1
7.8
- 11.1
-19.9
-12.9
- 6.8
-18.9
-15.7
-1.7
-9.5
-10.5
-4.3
1.5
-37.6
32,258
208,603
995,123
26,868
161,060
854,549
-5,390
-47,542
-16.7
- 22.8
3.4
1,011
Wholesale trade........................................................
98,960
92,945
-6,015
- 6.1
Information.................................................................
302,307
252,746
-49,561
-16.4
Finance (except depository institutions) and
insurance................................................................
156,747
123,109
-33,638
-21.5
Professional, scientific, and technical services....
Other industries.........................................................
100,651
379,469
102,432
390,736
1,780
11,268
3.0
1.8
92
U.S. Multinational Companies
Since 1999, these shares have shifted away from pro
duction within the firm: A 4-percentage-point de
crease in the gross product share was offset by an
equivalent increase in the share of purchased inputs
(table 6 and chart 2). The decrease in the gross product
share indicates that on average, U.S. parents in manu
facturing were tending to produce less of what they sell
and to rely more heavily on inputs purchased from
outside suppliers.12
A decrease in the gross product share could reflect
changes in the composition of the parent universe
rather than changes in firm-level sourcing patterns.
For example, a decrease may reflect changes in the in
dustry mix of U.S. parent companies toward less verti
cally integrated industries, but this does not appear to
have been the case. The decreases in the gross product
share were widespread across manufacturing indus
tries. Between 1999 and 2001, the share decreased in all
16 of the manufacturing industries in table 6. A statis
tical decomposition of the changes by industry indi-
November 2003
cates that changes in the industry mix of parents
actually mitigated the decrease in the gross product
share. A decrease may also reflect changes in the com
position of the parent company universe within indus
tries toward companies that are less vertically
integrated, but the universe of parent companies has
been relatively stable over the last decade.
The decrease in the gross product share is probably
due to increased outsourcing by parent companies.
Anecdotal evidence of increased outsourcing activities
by U.S. firms has been widely noted, and some analysts
have found possible evidence that these structural
changes were especially pronounced during the 2001
recession and the subsequent recovery.13Firms may ac
celerate structural changes during economic down
turns partly because of the immediate need to reduce
expenses.
The manufacturing industries with the largest de-
12.
I n te r m s o f d ir e c t p u rc h a s e s , th e in c re a s e d r e lia n c e o n o u ts id e s u p p li
e rs w a s m a i n ly d u e t o in c re a s e d p u rc h a s e s f r o m d o m e s tic , r a t h e r t h a n f o r
e ig n , s u p p lie rs ; h o w e v e r, s o m e o f th e in p u ts p u rc h a s e d d o m e s t ic a lly m a y
h a v e b e e n p r o d u c e d a b r o a d . T o m e a s u re p u rc h a s e d in p u ts t h a t w e r e p r o
d u c e d a b r o a d , i t is n e c e s s a ry t o in c lu d e t h e p a re n ts ’ im p o r t s o f g o o d s a n d
s erv ic e s a n d a n e s tim a te o f th e i m p o r t c o n te n t o f th e g o o d s a n d s e rvic es
t h a t t h e y p u rc h a s e d o m e s tic a lly . O n l y d a ta o n im p o r t s o f g o o d s a re
r e p o r t e d in th e b e n c h m a r k a n d a n n u a l s u rv e y s o f U .S . d ir e c t in v e s tm e n t
a b r o a d , th e ba s is f o r th e s erie s p r e s e n te d in th is a r tic le . B E A is e v a lu a tin g
w h e t h e r it is fe a s ib le t o c o n s tr u c t e s tim a te s o f p a r e n ts ’ in d ir e c t im p o r t s .
13.
S ee, f o r e x a m p le , E r ic a L . G r o s h e n a n d S im o n P o tte r, “ H a s S tr u c t u r a l
C h a n g e C o n t r i b u t e d to a Jobless R e c o v e ry ? ” C u r r e n t Issues in E c o n o m ic s
a n d F in a n c e 9 ( A u g u s t 2 0 0 3 ) : 1 - 7 .
Chart 2. Origin of Output of U.S. Parents in
Manufacturing
Percen t of total output
Table 5. Output of U.S. Parents in Manufacturing, 1999-2001
Billions of dollars
1999
O utput....................................................................
2000
2001
2,740.8
3,043.7
2,870.2
931.2
1,809.6
995.1
2,048.6
854.5
2,015.7
O f w h ic h :
G ross p ro d u c t........................................................
P urchased goods and se rvic e s .........................
Percent of output
Addenda:
G ross p ro d u c t........................................................
P urchased goods and servic es.........................
34
66
33
67
1999
U.S. Bureau of Economic Analysis
30
70
2000
2001
Table 6. Origin of Output of U.S. Parents in Manufacturing:Share of Total Output, by Major Industry, 1999,2000, and 2001
[Percent or millions of dollars]
G ross product share
1999
2000
Purchases share
1999
2000
2001
Manufacturing..................................................................................................................................
34.0
32.7
29.8
66.0
67.3
70.2
2,740,788
3,043,695
2,870,192
F o o d ..........................................................................................................................................................
Beverages and tobacco p rod ucts......................................................................................................
Textiles, apparel, and leather prod ucts............................................................................................
W ood p ro d u cts.......................................................................................................................................
P aper.........................................................................................................................................................
Printing and related support activ itie s..............................................................................................
Petroleum and coal prod ucts..............................................................................................................
C h e m ic a ls ...............................................................................................................................................
Plastics and rubber products..............................................................................................................
N onm etallic mineral p rod ucts.............................................................................................................
P rim ary and fabricated m e ta ls ...........................................................................................................
M a c h in e ry ...............................................................................................................................................
C om puters and electronic p ro d u c ts .................................................................................................
E lectrical equipm ent, appliances, and co m p o n e n ts.....................................................................
Transportation equipm ent....................................................................................................................
O th e r.........................................................................................................................................................
27.3
44.5
40.0
38.9
38.9
47.1
34.4
37.7
39.3
40.4
34.5
34.8
31.2
35.6
30.1
41.4
24.6
43.6
36.8
27.5
36.3
42.0
33.4
37.0
34.0
34.6
31.6
30.0
35.2
33.0
28.2
40.6
25.7
43.3
34.7
25.3
35.1
36.8
32.6
35.2
31.9
33.8
31.3
29.2
26.3
30.7
23.3
39.3
72.7
55.5
60.0
61.1
61.1
52.9
65.6
62.3
60.7
59.6
65.5
65.2
68.8
64.4
69.9
58.6
75.4
56.4
63.2
72.5
63.7
58.0
66.6
63.0
66.0
65.4
68.4
70.0
64.8
67.0
71.8
59.4
74.3
56.7
65.3
74.7
64.9
63.2
67.4
64.8
68.1
66.2
68.7
70.8
73.7
69.3
76.7
60.7
178,957
106,376
44,672
8,851
120,661
23,261
240,878
355,300
59,307
34,395
134,146
146,526
340,224
88,535
785,956
72,743
191,835
110,622
46,033
7,618
126,101
27,749
335,074
381,691
73,882
39,196
138,928
250,872
403,451
97,895
740,526
72,224
198,435
99,181
39,067
7,213
121,519
25,690
289,649
394,148
71,157
35,927
134,448
261,389
336,431
87,440
691,383
77,114
2001
1999
2000
Addendum : output
2001
November 2003
Survey
of
creases in the gross product share were transportation
equipment, machinery, and computers and electronic
products. Production in these industries is particularly
amenable to outsourcing because the stages of produc
tion are often physically separable.
O p e r a tio n s
o f
F o r e ig n
93
C u r r e n t B u s in e s s
M a jo r ity -O w n e d
A ffilia te s
This section examines selected aspects of the opera
tions of majority-owned foreign affiliates (MOFAs) of
U.S. MNCs in 2001: The changes in gross product, the
country and industry distributions of newly acquired
or established MOFAs, the MOFA shares of host coun
try GDP, and the origin of output by MOFAs in manu
facturing.14
C han g es in gross product
The gross product of MOFAs decreased 3.8 percent to
$583.4 billion in 2001 (table 7). The largest contribu
tors to the decrease were affiliates that existed in both
2000 and 2001. The combined gross product of these
affiliates decreased $55.1 billion, or 9.8 percent, but the
sale or liquidation of MOFAs, with a combined gross
product of $14.7 billion, also contributed significantly
to the decrease.
The decrease in MOFA gross product coincided
with the sharp slowdown in the growth in host-coun
try GDP. By region, decreases in MOFA gross product
were widespread, but in percentage terms, they were
most pronounced in Africa and in Latin America and
Other Western Hemisphere (table 8).
In Africa, MOFA gross product decreased 11.0 per
cent. The decrease was concentrated among MOFAs in
oil and gas extraction, particularly in Nigeria and An
gola, and it reflected the fall in world petroleum prices
and the negligible growth in world petroleum con
sumption.
In Latin America and Other Western Hemisphere,
MOFA gross product decreased 5.7 percent. The de
crease was concentrated in South America, and it
mainly reflected an economic recession in Argentina
and a pronounced decrease in economic growth in
Brazil. Further contributing to the decrease in Brazil
was a sharp decline in the U.S. dollar price of the Bra
zilian real, which tended to decrease the dollar value of
MOFA gross product.
In Asia and Pacific, MOFA gross product decreased
4.1 percent. The decrease was concentrated by country
and by industry, most notably among Singapore affili
ates in computers and electronic products manufac
turing, Australian affiliates in transportation
equipment manufacturing, and Hong Kong affiliates
in finance (except banks). The decreases primarily re
flected firm- or industry-specific conditions; in Aus
tralia, for example, automobile sales decreased 6
percent despite a general improvement in economic
conditions in 2001.
In Europe, MOFA gross product decreased 3.3 per
cent. The decrease was widespread by country but were
concentrated in the manufacturing and wholesale
trade industries and partly reflected weak demand for
durable goods. Despite the overall decline in the
Table 8. Product of Nonbank Majority-Owned Foreign Affiliates
by Major Area and Industry of Affiliate, 2000 and 2001
[Millions of dollars]
Addenda:
14.
N o r m a lly , th is s e c tio n a ls o p re s e n ts e s tim a te s o f th e re a l gross p r o d u c t
o f M O F A s in m a n u f a c t u r in g f o r th e m o s t r e c e n t y e a r, b u t e s tim a te s c o u ld
n o t b e c o m p u te d f o r in c lu s io n in th is a r tic le , b e c a u s e th e re le a s e o f th e n e c
es s a ry h o s t - c o u n t r y p r o d u c e r p r ic e in d e x d a ta f o r 2 0 0 1 f r o m th e O r g a n is a
t io n f o r E c o n o m ic C o - O p e r a t io n a n d D e v e lo p m e n t ( O E C D ) w as
p o s tp o n e d t o a llo w t im e f o r e x p a n s io n a n d im p r o v e m e n t in th e d a ta series.
Table 7. Sources of Change in Gross Product for Nonbank
Majority-Owned Foreign Affiliates, 2000-2001
Line
1 2000 level..............................................................................................................
2 Total change.........................................................................................................
3 New MOFAs.........................................................................................................
4
Acquired by U.S. parents...............................................................................
5
Established by U.S. parents..........................................................................
6 Changes in existing operations1.......................................................................
7 Sales or liquidations of MOFAs.........................................................................
8 Other changes2...................................................................................................
9 2001 level..............................................................................................................
2000
2001
Change
Percent
change
All areas, all industries.............................................
By major area
606,626
583,444
-23,181
-3.8
Canada..............................................................................
Europe...............................................................................
Latin America and Other Western Hemisphere...........
Africa.................................................................................
Middle East.......................................................................
Asia and Pacific...............................................................
73,483
328,862
68,238
13,785
7,564
114,695
71,527
317,983
64,315
12,271
7,354
109,995
-1,955
-10,879
-3,923
-1,514
-2.7
-3.3
-5.7
-4,699
- 11.0
- 2.8
-4.1
Mining................................................................................
57,622
55,188
-2,434
-4.2
Utilities...............................................................................
11,046
11,203
157
1.4
Manufacturing...................................................................
Of which:
Food.........................................................................
Chemicals.................................................................
Primary and fabricated metals..............................
Machinery.................................................................
Computers and electronic products......................
Electrical equipment, appliances, and
components.........................................................
Transportation equipment......................................
315,697
300,819
-14,877
-4.7
19,231
57,745
12,316
17,763
42,940
18,668
57,617
11,908
16,725
36,038
-563
-128
-408
-1,038
-6,902
-2.9
- 0.2
-3.3
-5.8
-16.1
7,566
50,083
6,945
44,606
-621
-5,476
- 8.2
-10.9
-210
By major industry
Millions of
dollars
606,626
-23,182
7,130
4,241
2,888
-55,100
-14,724
39,512
583,444
Wholesale trade..............................................................
99,554
92,713
-6,840
-6.9
1. Includes changes resulting from MOFAs acquiring, establishing, selling, or liquidating parts of their
Information.......................................................................
20,635
19,388
-1,247
- 6.0
consolidated operations. BEA permits survey respondents to consolidate affiliate operations that are in the
same country if the affiliates are also in the same industry or are integral parts of a single business operation.
2. Equals the change in the gross product of MOFAs not accounted for in lines 3-7. It includes changes
resulting from the addition to the survey universe of MOFAs that were exempt from reporting in earlier years
and MOFAs that were required to report in earlier years but did not.
MOFA Majority-owned foreign affiliate
Finance (except depository institutions) and
insurance......................................................................
19,655
23,511
3,856
19.6
Professional, scientific, and technical services............
33,043
30,926
-2,117
-6.4
Other industries................................................................
49,374
49,695
321
0.7
94
U.S. Multinational Companies
November 2003
region, the gross product of MOFAs in Eastern Europe new MOFAs had a combined gross product of $7.1 bil
increased at a double-digit rate— as it has, almost un lion, up from $5.7 billion in 2000. They employed
abated, since 1989, when the Berlin Wall fell and the 148,000 workers, down from 348,000.
By area, Europe continued to be the most popular
reopening of the region to investments from Western
location for new affiliates. New European affiliates ac
countries began.
In Canada, MOFA gross product decreased 2.7 per counted for about half of all new affiliates and for
cent. The decrease was concentrated in manufacturing, about half of their gross product. This tendency sug
primarily affiliates in transportation equipment manu gests that access to markets continues to be a more sig
facturing whose output is primarily directed toward nificant factor in investment decisions than access to
low-cost labor.15
the United States, where automobile sales declined.
By industry, manufacturing continued to be the
In the Middle East, MOFA gross product decreased
2.8 percent. The decrease was most pronounced in most popular industry for new investments in 2001.
mining, particularly oil and gas extraction, and mainly New manufacturing affiliates accounted for 26 percent
of all new affiliates, for 52 percent of their gross prod
reflected global petroleum market conditions.
By major industry, the decreases in gross product uct, and for 47 percent of their employment.
were widespread, but they were particularly significant
in wholesale trade (primarily computer hardware), in M O F A s h a r e o f h o s t c o u n t r y G D P
formation (particularly telecommunications), profes Among the major host countries in table 10, the share
sional, scientific, and technical services (particularly of host-country gross domestic product (GDP) ac
computer systems design and related services), and counted for by MOFAs in 2001 ranged from 16.0 per
manufacturing (particularly computers and electronic cent in Ireland to 0.2 percent in Saudi Arabia. The
products, and transportation equipment).
N e w ly
a c q u ir e d
o r e s ta b lis h e d
M O F A s
In 2001, U.S. MNCs acquired or established 468 new
MOFAs, up slightly from 456 in 2000 (table 9). The
15.
F o r a d is c u s s io n o f th is to p ic , see J. S te v e n L a n d e f e ld a n d R a lp h
K o z lo w , “ G lo b a liz a t io n a n d M u lt i n a t i o n a l C o m p a n ie s : W h a t A r e t h e Q u e s
tio n s , a n d H o w W e ll A r e W e D o in g in A n s w e r in g T h e m ? ” ( p a p e r p re s e n te d
at th e C o n fe r e n c e o f E u r o p e a n S ta tis tic ia n s , G lo b a liz a t io n S e m in a r , G e n e v a ,
S w itz e r la n d , J u n e 1 2 , 2 0 0 3 ) ; < w w w .b e a .g o v /b e a /p a p e r s /g lo b a liz a t io n .p d f > .
Table 9. Newly Acquired or Established Nonbank Majority-Owned Foreign Affiliates, by Major Area and Industry of Affiliate, 2000 and 2001
20001
2001
Number of newly acquired
or established affiliates
Number of newly acquired
or established affiliates
Gross
Number of
product
employees
(millions of
(thousands)
dollars)
Established
Gross
product
(millions of
dollars)
All areas, all industries........................................................
By major area
456
223
233
5,679
347.8
468
204
264
7,130
148.5
Canada.......................................................................................................
Europe.........................................
Latin America and Other Western Hemisphere....................................
Africa............................................
Middle East.................................
Asia and Pacific.........................
44
248
78
25
116
37
3
19
132
41
3
1,594
2,194
1,375
19.9
264.3
25.2
52
237
82
28
104
32
4
24
133
50
4
1,300
3,564
612
77.4
24.5
Total
Acquired
6
8
Number of
employees
(thousands)
Total
Acquired
Established
6.8
2
(D)
8
6
2
1
36
36
518
(D)
35.3
3
72
86
34
52
1,568
Mining.........................................................................................................
16
10
6
1,003
3.7
29
27
2
1,175
2.6
Utilities........................................................................................................
12
7
5
107
3.0
26
19
7
562
12.3
Manufacturing............................................................................................
Of which:
Food....................................................................................................
Chemicals..........................................................................................
Primary and fabricated metals........................................................
Machinery..........................................................................................
Computers and electronic products...............................................
Electrical equipment, appliances, and components....................
Transportation equipment................................................................
154
110
44
3,687
148.2
124
76
48
3,710
70.5
Wholesale trade.........................................................................................
Information..................................................................................................
(D)
(D)
(D)
(D)
(D)
(D)
34.9
By major industry
0
4
28
31
13
28
7
18
12
0
22
0
1
24
4
4
8
6
30
4
3
17
7
19.9
3.0
(D)
5.4
(D)
29.4
13.4
6
1
5
49
23
26
1,040
12
68
4
46
6
288
4.9
12
5
7
60
1.3
96
4,282
165.8
138
35
103
673
19.3
72
-40
0.3
113
24
89
-73
0.1
Professional, scientific, and technical services.....................................
16
Other industries.........................................................................................
Of which:
Holding companies..........................................................................
129
33
96
24
D Suppressed to avoid disclosure of data of individual companies.
1. The 2000 estimates of the newly acquired or established affiliate have been revised downward signifi
cantly from the previously published estimates due to the removal of an estimation error in the preliminary esti
mates.
Note. The data in this table cover only newly acquired or established foreign affiliates. They exclude data for
14
47
5
4
13
13
8
22
10
Finance (except depository institutions) and insurance.......................
1.6
40
436
995
246
328
116
491
6
31
26
9
17
469
1,404
70
(D)
172
(D)
1,141
8.3
51
15
36
254
-107
5.6
9
7
2
186
5.2
-4,624
8.2
79
20
59
505
24.0
7.9
35.3
8.0
24.0
3.2
14.7
1
11
1
1
1
2
0
consolidated units of existing foreign affiliates that were acquired or established during the year. The numbers of
newly acquired or established affiliates for 2000 and 2001 are not strictly comparable with those for new affiliates
in the earlier annual surveys covering 1995-98 because of differences in the criteria for reporting. Completing the
2000 and 2001 annual surveys was required if the total assets, sales, or net income of the foreign affiliate
exceeded $30 million, while the threshold for filing on the 1995-98 annual surveys was $20 million.
November 2003
S urvey
of
extent of MOFA production in a host economy reflects
both the country’s attractiveness to U.S. MNCs as a lo
cation for production and the country’s openness to
foreign direct investment.
The remainder of this section will examine selected
factors that can influence the MOFA share of produc
tion in a host economy by comparing measures of
these factors for the top 10 countries and the bottom
10 countries in table 10 in terms of MOFA share.
The MOFA share of host-country GDP appears to
increase with the lowering of language and cultural
barriers, because these barriers can increase the cost
and risk of foreign direct investment. English is spoken
in 5 of the 10 host countries in table 10 that accounted
for the largest MOFA shares in 2001— Ireland, Sin
gapore, Canada, Nigeria, and the United Kingdom; in
contrast, English is spoken in only 1 of the 10 host
countries with the lowest MOFA shares— India.
Table 10. Gross Product of Majority-Owned Foreign Affiliates as a
Percentage of GDP of Selected Host Countries,
1994,1999,2000, and 2001
1994
2001
2000
1999
Ireland................................................
Singapore..........................................
Canada..............................................
Nigeria...............................................
United Kingdom................................
Honduras...........................................
Malaysia.............................................
Belgium..............................................
Netherlands......................................
Norway...............................................
12.1
8.1
8.8
15.9
11.7
10.4
17.2
14.3
10.4
4.2
8.2
11.6
6.1
7.1
4.7
7.8
10.3
9.9
7.2
6.0
6.2
6.0
5.8
5.9
5.5
5.7
5.7
5.5
5.4
5.2
Australia.............................................
Hong Kong.........................................
Indonesia...........................................
Venezuela..........................................
New Zealand....................................
Costa Rica.........................................
Thailand.............................................
Philippines.........................................
Chile..................................................
Mexico...............................................
4.6
3.7
5.3
5.2
4.0
2.7
3.1
3.4
3.2
3.5
2.9
3.4
5.0
4.8
4.0
3.8
3.7
3.6
3.4
3.2
3.2
3.2
Germany............................................
Portugal.............................................
Brazil..................................................
Israel..................................................
Sweden..............................................
Colombia...........................................
Czech Republic.................................
France................................................
Argentina...........................................
Hungary.............................................
2.7
2.5
3.0
1.3
1.3
2.9
3.2
3.1
3.1
2.4
2.9
3.1
2.5
3.1
2.9
2.9
2.8
2.6
2.6
2.6
Denmark............................................
Peru...................................................
Italy.....................................................
Spain.................................................
Austria...............................................
South Africa......................................
Finland...............................................
Ecuador.............................................
Egypt..................................................
Poland................................................
1.4
1.3
1.8
1.9
1.7
1.7
0.7
1.8
1.6
Turkey................................................
Korea, Republic o f...........................
Japan.................................................
Switzerland.......................................
Greece
China
India
Russia
Saudi Arabia.....................................
8.3
5.1
5.1
4.4
3.7
2.6
2.7
2.8
6.1
1.8
2.8
3.3
2.3
1.1
2.4
1.5
1.7
1.2
1.3
1.4
0.4
0.8
0.4
0.5
2.7
1.4
0.1
0.1
(*)
0.2
5.3
4.8
4.1
4.8
5.1
3.7
3.0
3.5
2.8
2.7
3.6
4.0
3.7
2.9
2.2
3.1
1.6
2.6
2.7
2.2
2.6
2.6
2.5
2.7
2.7
1.7
2.0
2.1
2.3
1.9
1.9
1.3
1.7
1.6
1.2
0.7
1.0
0.8
1.8
1.8
1.6
2.3
1.2
1.2
0.9
1.0
0.8
16.0
12.0
2.8
2.7
2.7
2.7
2.1
2.0
1.9
1.8
1.8
1.6
1.5
1.5
1.4
1.3
1.0
1.0
0.7
3.5
0.5
0.9
0.9
0.8
0.8
0.6
0.4
0.5
0.4
0.5
0.4
0.4
0.2
0.1
0.7
0.2
0.2
0.2
* Less than 0.05 percent.
N o t e s . The countries are sorted in descending order of their 2 0 0 1 values. Where two countries have the
same 2001 value in the table, they were sorted using unrounded values.
Gross domestic product data for host countries were obtained from the World Bank Group Web site.
GDP Gross domestic product
95
C u r r e n t B u s in e s s
The MOFA share of host-country GDP also appears
to increase with the lowering of host-country corpo
rate income tax rates. Lower effective tax rates reduce
the tax expenses of MOFAs and raise the expected re
turn on investment. In 2001, in the top 10 host coun
tries, the median host-country effective income tax
rate faced by MOFAs was 21 percent; in the bottom 10
host countries, it was 37 percent.
The MOFA share of host-country GDP can also be
influenced by a variety of other factors, which might be
described as the “investment climate.” One measure of
this investment climate is the United Nations Confer
ence on Trade and Development’s Inward Foreign Di
rect Investment Potential Index.16 The top 10 host
countries scored more favorably in this index than the
bottom 10 host countries.
O r ig in
o f o u t p u t in
m a n u fa c tu r in g
In 2001, the gross product of MOFAs accounted for 26
percent of the output of MOFAs in manufacturing,
and the goods and services purchased by MOFAs from
outside suppliers accounted for the remaining 74 per
cent (table l l ) . 17
Since 1999, these shares have shifted modestly away
from production within the firm: A 3-percentage point decrease in the gross product share was offset by
an equivalent increase in the share of purchased in
puts. The decrease in the gross product share indicates
that on average, MOFAs in manufacturing (like their
U.S. parents) were tending to produce less of what they
sell and to rely more heavily on outside suppliers.
A statistical decomposition of the changes in gross
product share by industry indicates that the decrease in
the gross product share was mainly due to changes in
firm-level sourcing patterns. An almost negligible part
of the decrease was attributable to changes in industry
mix toward less vertically integrated industries.
1 6 . T h e in d e x c o v e rs fa c to rs s u c h as g r o w t h in , a n d d is t r ib u t io n o f, t o t a l
in c o m e , p h y s ic a l in f r a s t r u c t u r e , h u m a n c a p ita l, p o lit ic a l r is k , n a t u r a l
re s o u rc e s , a n d le v e l o f in t e r n a t io n a l tr a d e a n d in v e s tm e n t in t h e c o u n tr y .
F o r th e la te s t e s tim a te s , see th e U n it e d N a tio n s C o n fe r e n c e o n T r a d e a n d
D e v e lo p m e n t , W o r ld In v e s tm e n t R e p o r t 2 0 0 3 ( U n it e d N a tio n s , N e w Y o r k
a n d G en e v a , 2 0 0 3 ).
1 7 . T h is a n a ly s is is r e s tr ic te d t o m a n u f a c t u r in g p a r t ly b e c a u s e o f th e
u n a v a ila b ilit y o f o u t p u t e s tim a te s in s o m e o t h e r in d u s tr ie s , see f o o t n o t e 1 1.
Table 11. Output of MOFAs in Manufacturing, 1999-2001
Billions of dollars
2000
1999
2001
Output.............................................................................
1,107.4
1,180.3
1,141.2
Of which:
Gross product...................................................................
Purchased goods and services.....................................
316.3
791.1
315.7
864.6
300.8
840.4
Percent of output
Addenda:
Gross product...................................................................
Purchased goods and services.....................................
29
71
27
73
26
74
96
U.S. Multinational Companies
November 2003
Data Availability
This article presents a summary of the final 2000 and pre
liminary 2001 estimates of the worldwide operations of
U.S. multinational companies (MNCs) from the 2000
and 2001 Annual Surveys of U.S. Direct Investment
Abroad. More detailed estimates from the surveys will be
posted on BEA’s Web site later this year.
The final estimates of U.S. MNC operations in 1977 and
in 1982-99 are available in publications or in files that
can be downloaded at no charge from the Web site
<www.bea.gov>.
For more information on these products and how to
obtain them, see the International Investment Division
Product Guide on the Web site under “International.”
Tables 12.1 through 16.2 follow.
November
2003
Survey
of
97
C u r r e n t B u s in e s s
Table 12.1. Selected Data for Nonbank U.S. Parents, by Industry of U.S. Parent, 2000
Millions of dollars
Sales
Total
assets
Total
All industries.....................................
Mining..................................................................................
13,086,427
133,488
6,695,166
56,720
Oil and gas extraction..........................................................
O ther......................................................................................
70,679
62,810
30,704
26,016
Utilities...............................................................................
Manufacturing....................................................................
630,560
4,024,901
406,272
3,029,113
Food.......................................................................................
Beverages and tobacco products
Textiles, apparel, and leather products.............................
Wood products........................
Paper........................................
Printing and related support activities...............................
Petroleum and coal products.,
Chemicals..............................................................................
Basic chemicals................................................................
Resins and synthetic rubber, fibers and filaments.......
Pharmaceuticals and medicines...................................
Soap, cleaning compounds, and toilet preparations....
Other.................................................................................
Plastics and rubber products..............................................
Nonmetallic mineral products.
Primary and fabricated metals
Primary metals....................
Fabricated metal products..
Machinery.................................
Agriculture, construction, and mining machinery........
Industrial machinery...........
Other....................................
Computers and electronic products...................................
Computers and peripheral equipment..........................
Communications equipment
Audio and video equipment
Semiconductors and other electronic components....
Navigational, measuring, and other instruments.........
Magnetic and optical media............................................
Electrical equipment, appliances, and components........
Transportation equipment...................................................
Motor vehicles, bodies and trailers, and parts.............
Other.................................................................................
Furniture and related products...........................................
Miscellaneous manufacturing.............................................
147,600
158,093
40,205
6,464
168,632
24,997
362,398
603,906
100,560
83,778
253,252
88,184
78,133
79,149
59,519
151,456
86,895
64,561
465,438
76,229
26,877
362,332
556,000
94,383
234,409
21,700
157,912
36,070
11,526
105,545
1,012,830
802,836
209,993
21,564
61,107
192,089
110,757
46,419
7,562
126,066
27,729
334,700
379,349
64,819
50,250
150,170
59,932
54,177
72,644
38,009
138,503
81,237
57,266
248,962
51,790
23,547
173,625
400,360
92,835
133,555
28,359
112,165
30,889
2,557
95,635
738,670
549,689
188,981
27,520
44,141
Wholesale trade.................................................................
412,159
Professional and commercial equipment and supplies...
Other durable goods............................................................
Petroleum and petroleum products...................................
Other nondurable goods......................................................
76,527
95,137
116,037
124,459
Information..........................................................................
Goods
Services
4,271,624
46,556
(D)
(D)
57,857
2,809,003
2,091,723
10,153
(D)
(D)
340,391
151,982
190,596
108,948
46,236
1,492
1,802
Net
income
Investment
income 1
331,818
11
1
10
8,023
68,127
0
Research
Capital
and develop
expenditures ment expen
ditures
Gross
product
Compen
sation of
employees
Thousands
409,820
6,654
396,311
11,695
135,467
329
2,141,480
27,681
1,176,328
8,992
23,885.2
128.2
5,860
794
7,014
4,681
46
284
15,727
11,953
2,251
6,741
22.5
105.8
6,170
197,371
27,407
154,466
108
109,744
80,542
995,123
28,621
536,418
369.1
9,172.3
6,113
4,030
1,469
335
6,652
1,214
18,989
20,930
4,175
1,998
9,097
2,861
2,799
3,304
2,939
6,604
4,373
2,231
12,228
1,865
927
9,435
26,661
4,342
8,772
889
10,914
1,572
172
4,466
35,125
29,422
5,703
1,175
2,233
890
467
248
47,214
48,239
16,928
2,097
45,793
11,653
111,858
141,326
18,731
20,177
63,245
19,447
19,726
25,088
13,575
43,925
22,036
21,889
75,161
12,403
10,816
51,942
142,085
21,749
46,919
5,406
53,057
12,954
2,176
32,258
208,603
136,046
72,557
9,936
19,384
25,634
16,582
11,603
1,417
25,327
8,265
16,996
78,152
10,657
10,534
35,335
10,217
11,409
16,751
8,215
29,982
15,194
14,788
43,613
9,882
5,400
28,331
81,126
16,987
28,432
4,412
20,557
9,694
1,043
21,416
133,265
81,465
51,799
6,099
11,975
639.5
257.4
346.5
38.2
436.2
217.7
225.0
1,018.0
152.1
132.8
363.6
169.6
199.8
348.6
171.3
588.9
296.1
292.8
834.5
154.7
85.3
594.5
1,167.6
216.9
402.7
55.6
335.3
145.6
11.4
469.2
1,983.7
1,110.9
872.9
189.3
240.7
20,933
(D)
3,755
98,960
50,681
898.9
23,121
20,533
25,688
29,618
15,133
11,974
4,215
19,358
224.4
233.3
60.1
381.0
(D)
(D)
89,655
646,038
482,023
164,015
27,485
42,335
5,978
44,909
20,935
23,974
35
1,620
3
47,723
46,731
992
185
9,396
14,874
470
193
6,596
1,090
36,957
37,439
1,632
3,681
23,537
5,421
3,168
1,877
1,067
3,401
1,487
1,913
20,492
246
3,214
17,032
33,121
7,104
4,905
400
19,939
2,642
- 1,868
1,952
23,709
15,279
8,429
1,684
3,052
622,588
595,545
24,410
2,634
19,366
118,920
157,697
128,555
217,417
108,299
152,327
125,071
209,847
10,265
3,826
3,484
6,834
355
1,543
(*)
735
4,614
3,036
7,586
4,129
3,946
2,404
577
231
543
1,360,356
518,876
54,092
463,722
1,062
46,325
89,343
8,251
302,307
114,504
2,042.0
Publishing industries...........................................................
Motion picture and sound recording industries................
Broadcasting and telecommunications..............................
Broadcasting, cable networks, and program
distribution....................................................................
Telecommunications........................................................
Information services and data processing services........
174,105
37,227
1,079,974
84,080
9,869
376,478
28,568
2,718
21,303
54,680
7,152
354,959
831
11,169
-9 5
30,231
4,603
733
80,758
5,510
820
49,917
3,123
218,340
23,614
1,445
75,304
337.2
46.4
1,403.3
318,804
761,170
69,050
99,063
277,415
48,449
17,141
4,162
1,503
81,708
273,251
46,931
214
2,953
27,279
5,019
7,105
73,653
3,248
14
806
1,909
37,170
181,170
30,927
19,736
55,568
14,141
447.0
956.3
255.1
Finance (except depository institutions) and insurance
5,379,109
808,428
21,909
510
156,747
129,327
1,417.0
315,751
246,409
(D)
69,690
2,416,457
23,988
(D)
538,031
Finance, except depository institutions.............................
Securities, commodity contracts, and other
intermediation..............................................................
Other finance, except depository institutions...............
Insurance carriers and related activities............................
37,226
10,740
458
86,252
72,990
574.9
2,051,959
364,498
2,962,652
268,643
47,107
492,678
(D)
6,726
4,015
11,169
254
204
52
79,299
6,953
70,495
64,309
8,682
56,336
458.3
116.6
842.1
233,803
201,349
170,462
(D)
1,779
32,080
5,146
32,463
Professional, scientific, and technical services............
(D)
1
(D)
29,108
131,983
35,083
370,965
25,699
10,882
10,042
100,651
72,734
1,049.6
Architectural, engineering, and related services.............
Computer systems design and related services.............
Management, scientific, and technical consulting...........
Advertising and related services.......................................
O ther.....................................................................................
17,733
118,278
13,732
37,998
46,062
23,182
88,524
21,654
17,454
50,535
5,357
17,810
64,798
(D)
427
12,586
1,325
654
10,707
342
7,098
578
647
2,216
24
8,359
7,296
39,131
10,976
10,737
32,510
6,451
29,352
9,589
8,009
19,332
102.4
382.0
117.7
113.8
333.7
Other industries.................................................................
912,050
1,051,821
655,476
38,544
8,808.1
3,667
44,277
606,537
154,289
30,044
8,602
21,442
99
59,274
71,810
65,742
28,788
36,954
16,083
3,572
37,091
600,730
1,578
1,898
59
1,839
(*)
2,729
2
(D)
(D)
8
6
0
6
0
(D)
235,052
3,531
28,037
326,490
185,592
90,061
43,193
46,869
26,432
61,867
52,740
108,499
71,960
36,538
28,801
59,677
200
379,469
Agriculture, forestry, fishing, and hunting.........................
Construction.........................................................................
Retail trade............................................................................
Transportation and warehousing........................................
Real estate and rental and leasing....................................
Real estate.......................................................................
Rental and leasing (except real estate)........................
Management of nonbank companies and enterprises....
Administration, support, and waste management...........
Health care and social assistance.....................................
Accommodation and food services...................................
Accommodation................................................................
Food services and drinking places................................
Miscellaneous services.......................................................
1,403
13,496
148,657
85,286
16,851
5,857
10,994
3,025
44,575
24,640
34,643
16,656
17,987
6,892
838
10,834
73,921
60,474
6,536
2,378
4,158
124
37,486
18,737
33.0
187.6
3,799.5
1,111.3
145.0
31.3
113.7
2.5
1,596.0
486.2
1,202.7
445.2
757.4
244.2
(D)
124,669
25,629
307,205
375,160
64,046
50,170
149,440
59,588
51,916
(D)
37,909
135,769
79,137
56,632
197,585
47,490
23,284
126,812
375,395
85,346
126,410
(D)
109,957
30,174
(D)
(D)
920
357
(D)
771
(D)
(D)
(D)
1,694
* Less than $500,000 (+ /-).
D Suppressed to avoid disclosure of data of individual companies.
1. Some parents and majority-owned foreign affiliates (MOFAs), primarily those in finance and insurance, include
investment income in sales or gross operating revenues. Most parents and MOFAs not in finance or insurance consider
101
(D)
(D)
7
81
233
(D)
2,062
26,877
4,034
738
39
618
155
35
(D)
(D)
640
339
90
5
(D)
(D)
100
(D)
0
0
2,679
2,048
631
54
52
3
(D)
1,682
250
(D)
(D)
2,618
13
(D)
23,581
6,881
6,516
1,384
608
629
(D)
(D)
(D)
(D)
0
0
715
167,066
(D)
16,534
(D)
392,572
79
7,178
4,557
152,072
26,901
7,810
19,091
98
53,172
71,033
63,097
28,728
34,368
14,385
0
0
216
2
15
12,023
15
(*)
0
(D)
3,773
16
9
1,250
639
1,245
733
512
0
(D)
6
(D)
(D)
(D)
4
155
1,222
24,569
7,581
1,530
1,770
-240
-1,601
541
595
4,445
1,566
2,879
-494
5,323
(D)
1,094
23,341
13,745
9,833
2,293
7,540
92
2,356
1,563
6,246
3,843
2,403
1,207
(D)
1,498
148
977
29,212
1,569
2,963
20,591
2,249
1,841
955
406
1,417
818
600
7,196
1,343
1,607
4,247
35,616
6,952
14,614
436
10,252
2,960
402
2,511
25,834
16,223
9,611
(D)
12
(D)
(D)
874
30
31
0
31
16
2,000
21,122
9,232
11,890
4,982
investment income an incidental revenue source and include it in their income strategies in a separate “other income"
category, rather than in sales. BEA collects separate data on investment income to ensure that— where it is included in
total sales— it is not misclassified as sales of services.
98
U.S. Multinational Companies
November 2003
Table 12.2. Selected Data for Nonbank U.S. Parents, by Industry of U.S. Parent, 2001
Millions of dollars
Sales
Total
assets
Investment
Total
income1
Net
income
Goods
All industries.....................................
Mining..................................................................................
13,901,507
154,261
6,873,340
63,021
4,229,289
50,382
Oil and gas extraction..........................................................
O ther......................................................................................
82,881
71,381
35,229
27,793
34,415
15,968
Utilities................................................................................
Manufacturing....................................................................
705,258
4,133,132
561,740
2,885,962
76,303
2,664,630
Food.......................................................................................
Beverages and tobacco products......................................
Textiles, apparel, and leather products..............................
Wood products.....................................................................
Paper.....................................................................................
Printing and related support activities...............................
Petroleum and coal products..............................................
Chemicals..............................................................................
Basic chemicals................................................................
Resins and synthetic rubber, fibers and filaments.......
Pharmaceuticals and medicines...................................
Soap, cleaning compounds, and toilet preparations....
Other.................................................................................
Plastics and rubber products..............................................
Nonmetallic mineral products.............................................
Primary and fabricated metals...........................................
Primary metals.................................................................
Fabricated metal products..............................................
Machinery..............................................................................
Agriculture, construction, and mining machinery........
Industrial machinery........................................................
Other.................................................................................
Computers and electronic products...................................
Computers and peripheral equipment..........................
Communications equipment...........................................
Audio and video equipment............................................
Semiconductors and other electronic components....
Navigational, measuring, and other instruments.........
Magnetic and optical media............................................
Electrical equipment, appliances, and components........
Transportation equipment....................................................
Motor vehicles, bodies and trailers, and parts.............
Other.................................................................................
Furniture and related products...........................................
Miscellaneous manufacturing.............................................
181,084
150,302
37,408
5,925
162,079
23,221
359,179
636,653
90,827
92,172
284,613
90,004
79,036
79,116
51,630
146,121
97,304
48,817
535,201
79,393
18,619
437,188
500,780
85,099
183,672
197,969
99,094
40,139
7,206
122,150
25,761
288,113
396,359
57,611
50,111
174,137
60,924
53,575
72,546
36,122
135,801
88,824
46,977
262,491
52,772
14,443
195,276
342,657
84,977
110,482
196,465
97,295
39,936
6,680
120,728
23,673
266,490
390,882
56,383
50,018
173,653
60,758
50,070
71,292
36,039
132,547
86,320
46,227
206,958
48,060
14,230
144,668
321,063
77,820
103,192
(D)
12,202
(D)
0
102
156,336
51,329
90,448
1,032
37
(D)
(D)
11
0
0
158,317
1,014,911
816,597
198,314
22,880
68,327
91,516
40,656
2,824
88,633
693,227
517,212
176,015
28,567
49,129
4,532
46,688
24,903
21,785
4,360
47,715
46,856
859
Wholesale trade.................................................................
456,358
682,596
Professional and commercial equipment and supplies...
Other durable goods............................................................
Petroleum and petroleum products...................................
Other nondurable goods......................................................
78,327
112,048
140,228
125,756
107,615
169,969
169,232
235,781
(D)
(D)
(D)
45,233
(D)
8,122
(D)
-3,689
92
-7,954
867
1,385
-5,232
6,617
885
3,267
Information..........................................................................
1,549,158
538,018
40,993
Publishing industries...........................................................
Motion picture and sound recording industries.................
Broadcasting and telecommunications..............................
Broadcasting, cable networks, and program
distribution....................................................................
Telecommunications........................................................
Information services and data processing services........
175,203
52,226
1,049,182
84,031
11,876
365,116
294,405
754,777
272,546
Finance (except depository institutions) and insurance
Finance, except depository institutions.............................
Securities, commodity contracts, and other
intermediation...............................................................
Other finance, except depository institutions...............
Insurance carriers and related activities............................
(D)
2,813
79,741
598,824
445,452
153,372
(D)
(D)
634,136
(D)
2,324,941
12,315
(D)
(D)
477,135
150,488
1,504
1,789
(D)
(D)
1,412
2,034
20,920
5,316
(D)
(D)
417,111
13,713
143,546
413
1,952,124
35,329
1,177,249
9,641
23,450.2
130.1
4,931
1,518
9,605
4,108
49
364
22,600
12,729
2,528
7,113
23.1
107.1
17,567
19,135
39,792
157,529
57
115,619
100,279
854,549
31,484
522,885
410.3
8,778.6
11,047
14,684
126
-29
3,087
735
26,743
40,757
-1,083
3,393
32,346
4,702
1,398
171
1,123
629
-872
1,501
19,448
2,531
625
16,292
-105,789
1,980
-96,320
6,194
4,321
1,219
195
6,370
1,167
1,028
469
219
50,906
42,902
13,556
1,826
42,683
9,445
94,303
138,855
15,478
19,018
65,537
18,613
20,207
22,704
12,143
42,043
23,205
18,838
76,291
12,549
4,659
59,083
88,632
22,806
20,547
3,354
22,949
14,899
4,076
26,868
161,060
98,507
62,554
9,499
20,832
27,554
14,848
9,634
1,338
24,993
6,524
16,350
77,533
10,004
10,646
35,868
9,846
11,168
17,150
7,480
30,783
18,526
12,258
50,579
10,083
3,778
36,718
84,600
19,832
29,641
2,317
18,694
13,201
915
20,395
113,056
69,676
43,380
6,490
13,577
722.2
223.0
299.1
37.3
400.4
(D)
8,302
70,844
0
10
(D)
(D)
10
53
703
161
(D)
(D)
(D)
(D)
92
0
1
0
0
37
(D)
1,483
654
792
0
182
3,228
7,905
5,062
367
2,216
5
640
-1,017
1,181
4,797
2,945
495,622
1,403
1,652
21,897
2,615
11,865
60,972
9,261
353,029
1,162
83,908
281,208
76,995
8,380
3,484
4,616
75,308
277,721
72,360
219
5,638,763
831,280
297,508
33,437
(D)
568,998
2,575,008
2,245,555
329,454
3,063,754
239,506
58,002
533,772
109,221
49,653
410,124
Professional, scientific, and technical services............
260,663
205,365
(D)
1
(D)
25,596
Architectural, engineering, and related services.............
Computer systems design and related services.............
Management, scientific, and technical consulting...........
Advertising and related services........................................
Other......................................................................................
20,891
121,414
16,957
39,509
61,891
25,312
85,048
22,509
18,250
54,246
6,731
(D)
(D)
966
687
18,577
66,255
22,432
17,284
52,164
Other industries.................................................................
1,003,914
1,105,357
703,812
398,437
Agriculture, forestry, fishing, and hunting.........................
Construction..........................................................................
Retail trade............................................................................
Transportation and warehousing........................................
Real estate and rental and leasing....................................
Real estate........................................................................
Rental and leasing (except real estate)........................
Management of nonbank companies and enterprises....
Administration, support, and waste management...........
Health care and social assistance......................................
Accommodation and food services...................................
Accommodation................................................................
Food services and drinking places................................
Miscellaneous services.......................................................
7,356
28,072
353,107
188,528
79,860
39,070
40,790
89,136
66,511
48,841
112,734
72,658
40,075
29,770
15,002
47,236
640,326
159,230
31,013
10,685
20,328
116
57,180
71,948
66,454
29,066
37,388
16,854
14,744
38,891
632,955
5,448
1,777
57
1,720
(*)
242
8,334
6,485
153,782
27,254
9,541
17,713
116
* Less than $500,000 (+/-).
D Suppressed to avoid disclosure of data of individual companies.
1. See footnote 1 to table 12.1.
159,630
230,079
(D)
158,875
176,712
(D)
827
71,114
(D)
(D)
(D)
(D)
2,554
2,012
34,679
14,838
Thousands
of employees
122,778
6,449
(D)
6,502
6,498
Compen
sation of
employees
(D)
301
299
3
15,467
(D)
20,111
Gross
product
319,111
324
392
167
3,504
1,254
83
2,953
2,206
748
40,067
176
Research
Capital
and develop
expenditures ment expen
Services
ditures
0
221
2
20
228,844
(D)
(D)
1,413
20,222
(D)
1,002
21,223
3,433
1,855
10,660
2,789
2,486
2,783
2,767
6,281
4,656
1,626
17,301
2,621
1,004
13,676
25,914
4,120
7,825
529
11,316
1,999
126
5,124
33,193
27,937
5,256
670
2,585
31,786
1,528
2,972
23,169
2,153
1,965
943
342
1,394
861
533
8,914
1,498
1,581
5,835
37,781
7,607
13,764
513
11,602
3,822
473
2,016
25,447
17,990
7,457
142
2,532
21,238
(D)
202.6
234.6
998.8
132.1
129.7
388.1
157.0
191.9
341.4
156.6
558.3
318.5
239.8
887.0
150.0
52.2
684.8
1,039.5
203.2
314.4
36.5
297.4
177.4
10.7
390.7
1,843.6
1,079.9
763.7
192.6
250.9
3,831
92,945
54,250
872.0
3,673
2,349
585
239
657
19,083
22,067
24,811
26,984
15,837
14,711
5,621
18,082
219.3
250.0
68.4
334.3
90,746
9,759
252,746
115,247
1,966.8
-5,428
-750
3,669
5,348
656
81,348
6,529
929
42,565
1,699
175,387
24,843
1,536
72,519
341.5
53.2
1,243.0
-1,809
5,479
4,160
6,692
74,656
3,394
14
914
2,289
25,814
149,572
33,095
15,734
56,784
16,349
374.6
868.4
329.1
5,032
(D)
12
37,471
19,496
666
123,109
123,291
1,445.7
28,855
6,616
506
65,841
65,175
566.5
26,802
2,053
8,616
4,611
2,005
12,881
(D)
(D)
161
61,118
4,723
57,269
56,860
8,314
58,117
458.6
107.9
879.2
17,523
11,522
10,347
102,432
76,323
1,044.5
567
7,860
495
515
2,084
18
8,929
1,394
334
5,622
2,462
-397
9,501
801
7,744
37,331
12,274
9,422
35,661
6,734
30,760
10,354
8,056
20,418
104.9
380.1
119.0
103.0
337.6
3,108
15,076
63,075
2,855
390,736
244,126
8,802.2
16
-6 3
1,299
21,603
6,114
-508
78
-586
-20,031
710
1,377
4,800
1,332
3,468
-225
343
909
27,039
12,367
9,605
2,241
7,364
142
2,460
3,287
5,731
2,956
2,775
1,191
4
2,115
14,023
153,380
85,426
14,257
5,176
9,081
9,047
44,922
25,164
34,914
15,645
19,270
7,489
1,507
11,034
79,655
62,559
5,537
1,719
3,818
177
37,800
18,563
22,056
9,450
12,605
5,239
57.9
172.8
3,888.1
1,143.4
136.6
33.9
102.7
(D)
8,348
(D)
3,057
3
(D)
(D)
0
10
886
0
1,982
1,087
895
0
(*)
6
204
50
154
4
(D)
(D)
(D)
(D)
12
7
0
7
0
(D)
32
38
0
38
17
2.8
1,495.4
476.8
1,183.4
404.9
778.5
244.9
November
2003
Survey
of
99
C u r r e n t B u s in e s s
Table 13. Selected Data for Nonbank Foreign Affiliates, by Country of Affiliate, 2000 and 2001
2000
2001
Millions of dollars
Millions of dollars
Thousands
U.S.
U.S.
exports of imports of Compen of employ
sation of
ees
goods
goods
shipped to shipped by employees
affiliates
affiliates
Total
assets
Sales
All countries..............................................
Canada ..............................................................
Europe...............................................................
5,350,064
451,121
3,109,836
2,905,538
368,921
1,437,039
222,087
19,647
119,035
209,311
62,500
53,779
225,389
84,176
40,105
310,755
37,075
170,444
Austria.................................................................
Belgium...............................................................
Czech Republic.................................................
Denmark..............................................................
Finland.
France.
Germany
Greece.
Hungary
Ireland.
Italy......................................................................
Luxembourg........................................................
Netherlands........................................................
Norway
Poland.
Portugal
Russia.
Spain...
Sweden
Switzerland.........................................................
Turkey..................................................................
United Kingdom.................................................
Other...................................................................
13,967
120,284
7,491
(D)
7,659
187,247
302,656
(D)
5,653
107,298
85,057
151,214
378,670
20,717
13,474
721
7,445
473
(D)
453
3,585
9,844
(D)
138
13,386
4,719
3,520
18,889
262
3,546
60
158
143
5,514
8,621
92
118
2,167
1,998
180
8,794
(D)
119
110
234
1,576
28
146
254
3,535
5,364
9
(D)
6,590
1,468
43
2,494
604
107
65
5,952
65,566
50,296
154,678
8,155
1,340,784
21,879
13,109
65,180
7,110
(D)
6,935
137,728
233,753
(D)
7,494
69,031
79,324
5,480
135,143
20,317
10,963
8,088
3,720
51,904
36,262
77,654
10,604
423,180
10,146
3,055
2,508
12,052
218
28,301
1,862
30
973
692
5,146
197
14,495
(D)
Latin America and Other Western
Hemisphere...................................................
10,212
Net
income
1,886
-9 7
746
-211
Sales
9,713.0
1,162.0
4,112.0
5,836,225
509,564
3,393,748
2,929,609
367,216
1,459,546
192,147
17,401
103,812
205,030
65,303
48,873
211,761
77,041
38,400
308,292
37,751
169,772
9,775.6
1,156.3
4,168.5
34.5
151.2
54.1
L
16.8
589.3
653.3
K
51.1
92.7
224.9
8.9
195.2
30.9
83.9
41.1
31.8
203.8
93.1
60.1
41.3
1,272.0
75.2
15,597
123,409
8,322
36,898
8,043
190,604
320,810
8,948
6,298
192,072
89,444
159,161
423,488
21,676
11,494
10,339
564
6,375
708
(D)
485
3,770
9,042
269
83
17,913
4,528
(D)
23,810
1,921
109
590
89
3,572
95
1,197
120
(D)
(D)
2,966
5,086
36.2
145.2
57.4
L
19.7
578.3
652.6
K
52.6
89.0
238.5
9.3
230.1
31.3
76.9
40.9
33.6
66,924
60,653
167,965
7,105
1,432,135
26,150
13,417
60,126
7,893
(D)
7,379
134,870
240,718
7,520
8,226
72,010
78,320
(D)
141,185
18,399
10,917
8,399
5,543
52,878
33,746
84,073
7,870
428,171
11,954
197
3,205
70
630
4,286
1,572
96
10,107
(D)
1,691
7,830
553
(D)
732
23,415
33,913
(D)
542
3,126
9,332
426
8,862
1,720
1,035
918
435
6,675
4,034
4,241
771
55,973
777
90.7
60.0
38.9
1,279.9
83.4
0
6,212
Net
income
Thousands
U.S.
U.S.
exports of imports of Compen of employ
ees
sation of
goods
goods
shipped to shipped by employees
affiliates
affiliates
Total
assets
121
974
7,353
1,227
48
2,571
217
105
61
4,689
-107
8,059
1,610
42
(D)
582
5,991
(D)
(D)
153
495
4,599
2,119
83
8,648
50
1,711
7,767
597
(D)
802
22,629
32,010
(D)
580
3,234
9,639
469
9,307
1,636
1,029
956
500
6,547
3,611
4,387
697
56,812
913
1,212
132
4,606
7,436
56
247
1,844
1,682
97
9,029
(D)
152
120
8
0
202.1
797,583
356,679
37,565
44,121
48,851
33,103
2,044.6
884,540
371,684
33,697
44,834
50,769
34,707
2,005.1
South America
Argentina
Brazil
Chile
Colombia
Ecuador
Peru.
Venezuela.......................................................
Othei
Central America
Costa Rica
Honduras
Mexico
Panama
Othei
Other Western hemispnere..............................
Barbados........................................................
Bermuda.........................................................
Dominican Republic.....................................
United Kingdom Islands, Caribbean...........
Other..............................................................
270,727
54,282
137,940
21,947
12,027
2,156
9,193
28,190
4,990
174,802
3,105
1,259
115,501
(D)
156,706
28,159
80,675
11,150
9,983
5,255
513
2,113
252
515
350
586
844
82
42,065
732
190
40,777
(D)
(D)
1,531
I
J
5.6
27.8
150,360
27,651
73,180
11,408
9,782
2,058
5,285
17,879
3,117
149,838
2,777
1,453
132,068
9,434
4,106
71,486
3,428
36,075
3,479
12,547
15,957
7,761
1,171
3,615
472
653
(D)
197
1,309
(D)
35,642
(D)
70
34,635
448
(D)
1,432
231
(D)
113
17,624
3,388
8,556
1,166
4
370
82
1,073
272,067
55,893
126,088
25,072
13,370
2,245
10,134
34,034
5,231
185,702
3,304
1,193
128,203
(D)
(D)
426,771
12,294
225,045
4,325
141,845
43,262
(D)
385
1,810
(D)
429
(D)
(D)
(D)
83
44,241
972
(D)
11,108
(D)
5,295
2,855
17,778
3,382
9,029
1,196
1,078
141
499
2,186
266
13,680
286
161
12,470
(D)
(D)
1,645
62
(D)
(D)
337
589
727
-466
-1,769
365
405
16
7
1,989
180
352,054
(D)
184,334
(D)
109,962
44,178
8,547
1,502
3,970
655
619
(D)
(D)
1,298
(D)
34,245
(D)
153
33,696
70
(D)
1,329
184
72
272
(D)
(D)
810.1
115.4
415.1
4,967
14,929
4,973
137,347
2,494
1,514
123,831
5,663
3,844
62,626
(D)
31,143
(D)
7,788
15,739
6,684
97
3,691
425
613
44
130
1,484
794.2
108.7
406.4
68.3
74.9
15.2
24.6
81.0
15.0
1,139.6
25.1
17.1
1,016.7
L
J
71.2
1.7
14.9
Africa.................................................................
59,297
42,939
4,728
722
3,091
4,059
240.9
67,280
42,145
3,541
Egypt
Nigeria
South Africa........................................................
Other...................................................................
6,314
8,568
17,855
26,560
5,245
17,243
14,230
664
1,577
573
1,913
142
84
297
(*)
(D)
70
(D)
248
228
2,798
785
30.0
9.9
139.0
62.0
7,224
9,651
14,751
35,654
5,496
5,980
15,971
14,698
765
985
481
1,310
51
296
318
53,421
33,399
3,345
92.5
55,581
34,815
2,641
922
Israel
Saudi Arabia.......................................................
United Arab Emirates.......................................
Other
16,059
17,247
4,193
15,921
11,570
10,754
4,194
6,881
1,359
(D)
56.6
18.1
7.6
19,122
16,774
12,872
9,518
597
46
382
(D)
(D)
666,562
37,081
47,228
47,808
62,730
(D)
(D)
31,055
(D)
44,312
30
(D)
878,806
(D)
(D)
654,203
643
338
413
Asia and Pacific................................................
(D)
(D)
925,513
314
(D)
1,955
679
328
382
40,560
58,827
Australia
China...................................................................
Hong Kong
India..
Indonesia
Japan...
Korea, Republic of.............................................
Malaysia
New Zealand......................................................
Philippines..........................................................
Singapore...........................................................
Taiwan.................................................................
Thailand..............................................................
Other...................................................................
108,673
34,149
87,844
14,398
27,463
350,292
32,298
26,105
20,271
14,143
86,375
41,059
26,672
9,065
73,602
29,914
58,734
8,274
12,744
249,427
33,385
28,008
4,531
2,761
5,226
498
302
15,300
2,446
10,793
98,493
27,322
21,189
4,456
4,288
1,827
4,966
116
2,857
5,732
2,486
2,079
506
602
8,602
1,722
1,064
233
1,302
2,989
7,455
139
402
8,149
927
4,497
125
1,214
16,772
2,561
1,277
14,671
2,239
4,097
837
871
26,892
2,808
1,349
1,138
723
3,805
1,998
300
2,632
2,004
4,378
309
1,891
7,247
1,263
1,740
400
449
5,752
1,362
1,004
623
4,726
2,416
4,683
466
291
14,585
1,875
1,536
336
1,231
8,547
2,218
1,352
51
10,176
2,454
4,005
983
776
27,189
2,569
1,573
1,307
704
3,747
2,017
1,065
262
316.9
314.4
92.6
104.6
76.6
494.6
84.0
128.7
49.6
81.7
117.4
99.0
128.7
0
69,448
36,423
52,735
9,506
15,010
241,072
30,875
28,647
10,749
10,663
93,893
26,890
24,117
4,176
1,082
3,048
6,427
148
343
7,899
384
4,314
79
534
13,599
1,649
1,054
53
99.8
73.3
443.8
92.7
132.3
48.7
85.7
123.4
87.5
134.7
24.6
111,608
38,248
102,775
16,122
32,998
345,333
30,425
27,621
20,214
15,947
98,937
45,384
29,903
9,998
51,473
2,871,837
102,307
37,531
1,289,031
55,090
2,042
102,712
8,590
363
47,746
987
36,803
3,282
3,139
160,371
4,681
286.8
3,683.7
196.4
54,312
3,138,525
113,381
42,503
1,304,670
60,159
2,452
94,710
6,687
614
41,690
2,194
3,404
159,433
4,933
293.8
3,734.6
199.9
Middle East
(D)
1,868
6,220
10,220
200
8,660
109
90
6,509
1,726
227
22,220
4,032
1,100
734
304
1,894
200
961
(D)
107
309
(D)
(D)
404
1,713
8,703
2,430
(D)
1
5
6
1,002
68.2
76.4
13.8
25.4
80.7
15.1
1,170.4
25.4
21.7
1,066.3
K
J
64.1
2.0
10.2
2,060.9
321.8
292.6
100.0
8,211
143
50
6,087
1,706
225
24,760
1,580
14,970
751
5,081
2,377
211
(D)
786
121
(D)
42,782
(D)
214
(D)
1
4
240
154
(D)
(D)
(*)
(D)
(D)
(D)
(D)
727
0
1,020
157
495
2,538
305
15,256
294
144
13,612
(D)
(D)
1,827
50
497
229
435
616
20.6
5.8
28.3
3,842
241.0
273
219
2,529
821
32.4
9.8
135.7
63.2
3,394
2,000
93.1
57.6
17.1
7.2
11.2
2,111.7
22.8
Addenda:
Eastern Europe1................................................
European Union (15) 2 ......................................
OPEC 3.................................................................
2,122
* Less than $500,000 (+ /-).
D Suppressed to avoid disclosure of data of individual companies.
1. “Eastern Europe" comprises Albania, Armenia, Azerbaijan, Belarus, Bulgaria, Czech Republic, Estonia, Georgia,
Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Poland, Romania, Russia, Slovakia, Tajikistan, Turkmenistan,
Ukraine, and Uzbekistan.
2. The European Union (15) comprises Austria, Belgium, Denmark, Finland, France, Germany, G reece, Ireland, Italy,
Luxembourg, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom.
1,222
34,733
(D)
3. O P EC is the Organization of Petroleum Exporting Countries. Its members are Algeria, Indonesia, Iran, Iraq, Kuwait,
Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.
N ote. Size ranges are given in employment cells that are suppressed. The size ranges are A— 1 to 499; F— 5 00 to 999;
G— 1,000 to 2,499; H - 2 . 5 0 0 to 4,999; 1 -5 ,0 0 0 to 9,999; J— 10,000 to 24,999; K— 25,000 to 49,999; L— 50,000 to 99,999;
M— 100,000 or more.
100
U.S. Multinational Companies
November 2003
Table 14.1. Selected Data for Majority-Owned Nonbank Foreign Affiliates, by Country of Affiliate, 2000
Millions of dollars
Sales
Total
assets
Total
Goods
Services
All countries...............................................................
Canada ................................................................................
Europe.................................................................................
4,745,279
399,058
2,899,097
2,507,433
338,058
1,300,200
1,984,422
274,376
1,023,946
432,769
55,395
222,237
Austria...................................................................................
Belgium.................................................................................
Czech Republic....................................................................
Denmark................................................................................
Finland...................................................................................
France
Germany
Greece
Hungary
Ireland
Italy..
Luxembourg...........................................................................
Netherlands...........................................................................
Norway..................................................................................
Poland
Portugal
Russia
Spain
Sweden
Switzerland............................................................................
Turkey
United Kingdom
Other
11,428
108,497
4,349
31,095
7,501
164,659
255,240
3,205
5,293
106,276
148,974
361,162
19,067
9,507
9,620
4,902
56,779
49,899
151,882
4,381
1,297,816
19,356
12,617
57,130
4,670
9,705
6,816
124,681
197,526
3,739
7,296
68,626
67,765
5,251
116,154
19,129
8,556
7,731
3,106
45,978
35,925
75,511
6,885
407,651
7,753
11,289
50,327
4,019
7,857
5,817
102,816
166,421
3,351
6,697
62,073
59,550
3,939
99,749
17,006
7,205
6,123
2,482
40,578
31,102
67,969
6,263
254,559
6,755
1,240
5,781
618
1,680
921
20,162
25,721
306
578
4,597
7,546
937
12,284
2,005
1,224
1,550
563
4,933
4,431
5,255
584
118,420
903
Latin America and Other Western Hemisphere.............
671,616
294,606
227,760
South America
Argentina
Brazil
Chile..................................................................................
Colombia
Ecuador
Peru
Venezuela
Other
Central America....................................................................
Costa Rica
Honduras
Mexico
Panama
Other
Other Western Hemisphere................................................
Barbados
Bermuda
Dominican Republic........................................................
United Kingdom Islands, Caribbean..............................
Other
201,827
44,649
99,522
17,234
10,407
1,979
7,730
17,254
3,052
132,460
3,047
1,193
85,912
38,375
3,932
337,329
9,305
178,594
3,001
107,176
39,254
126,863
24,991
62,773
9,040
8,994
1,561
4,201
10,971
4,332
109,987
2,403
1,430
99,207
3,308
3,639
57,756
4,311
29,994
2,695
7,621
13,135
96,290
18,137
48,506
5,509
7,952
1,339
3,660
7,266
3,922
99,044
2,300
44,211
34,377
Egypt
Nigeria
South Africa
Other......................................................................................
4,870
8,425
8,840
22,076
4,482
Middle East.........................................................................
Israel.......................................................................................
Saudi Arabia..........................................................................
United Arab Emirates..........................................................
Other......................................................................................
68,211
(D)
89,995
2,328
(D)
Investment
income1
U.S.
imports of
goods
shipped by
MOFAs
Gross
product
Compen
sation of
employees
Thousands
of employ
ees
195,951
59,508
50,816
201,374
77,827
36,594
606,626
73,483
328,862
264,241
33,079
155,732
631
2,078
299
414
164
4,448
7,688
98
478
109
410
18
64
78
1,445
3,105
257
3,544
58
148
128
5,005
8,535
72
216
2,792
2,591
174
7,572
217
233
1,566
27
124
214
3,124
4,467
1,956
669
375
4,121
118
127
58
61
467
392
2,287
38
34,672
95
652
6,165
218
4,211
441
3,387
8,153
129
142
13,339
2,262
3,444
17,251
1,731
-165
724
-346
2,583
2,505
12,142
109
27,278
1,782
3,390
13,474
1,301
3,189
1,975
35,955
60,330
881
1,258
16,420
20,840
436
20,501
9,242
2,018
3,285
401
10,461
6,695
19,950
1,196
48.0
36.8
16.2
546.2
601.3
12.4
50.0
90.5
204.4
8.9
168.4
28.2
69.9
39.7
27.3
182.1
92.1
54.9
30.3
1,188.6
63.7
53,584
13,262
32,851
17,572
665
27,936
6,132
13,070
3,099
945
215
490
3,601
384
8,312
84
2,637
722
1,197
432
97
7
51
104
26
2,631
19
5,496
10,041
2,302
4,008
552
437
228
787
1,555
171
4,810
133
64
4,252
108
252
2,721
50
334
38
250
(D)
33
168
78
1,703
5,384
82
21
(D)
2,478
77
(D)
-121
3,565
435
560
40
162
739
115
6,002
108
83
5,478
120
214
21,353
2,181
11,127
472
5,204
2,369
2,202
2,094
93
3,275
1,413
892
225
245
1,726
905
1,157
202
11
35
518
575
(D)
369
(D)
(D)
20
1
196
1,335
220
8
(D)
7
11
10
(*)
3
22
(*)
323
(D)
0
305
(*)
112
102
20
953
563
4,127
189
13,340
102
40,277
7,809
1,405
3,650
588
584
59
213
1,186
123
31,486
78
182
31,017
90
120
8,171.4
1,051.7
3,713.8
1,327
42
10,842
48
1,873
110,877
2,939
1,664
5,847
422
1,623
699
21,738
30,847
361
514
3,063
8,471
424
7,784
1,592
842
883
358
6,080
3,984
3,992
581
53,362
603
45,111
68,238
26,399
1,613.3
4,825
407
2,182
472
505
323
586
322
28
38,624
704
162
37,408
14,690
3,013
7,548
940
984
124
408
1,470
667.2
202
10.1
10,437
274
153
9,572
187
251
1,272
45
315
197
337
378
902.1
24.8
19.7
822.6
15.0
19.9
44.0
1.5
4.4
17.1
5.6
15.5
12
147
6,497
1,358
43
1,770
603
105
(D)
0
657
(D)
1,122
1,662
408
131
800
36,939
7,733
18,783
2,172
2,569
367
1,214
3,327
774
21,954
539
355
19,799
386
875
9,345
2,162
4,306
892
-417
2,402
(D)
(D)
33.9
120.2
102.2
351.8
54.6
60.1
10.8
20.3
57.3
359
529
(D)
8
0
1
1
6
(*)
3,981
(D)
2,765
982
183
50
96
96
557
27
771
1,972
13,785
2,332
137.2
432
368
242
1,723
3
124
67
63
615
1,568
103
1,695
258
321
(*)
(D)
81
(D)
1,162
4,882
2,311
5,430
173
223
1,261
675
58.0
52.3
4,187
105
2,529
1,338
0
22
1
527
1,217
2,148
428
395
23
9
34
39
977
168
244
1,140
874
26
54
384
414,559
93,631
14,436
34,641
19,451
60,655
26,356
57,592
6,224
9,932
161,563
16,417
26,036
7,515
10,204
95,333
24,244
16,585
3,970
43,943
23,945
44,448
5,058
9,150
116,640
13,797
23,680
5,714
8,991
88,771
14,131
13,863
2,428
15,520
2,373
10,946
995
714
36,802
2,458
2,177
1,590
1,039
5,907
9,283
2,340
1,486
1,192
38
2,198
171
3,991
1,629
4,871
149
2,646
6,404
1,155
2,114
134
831
8,228
1,214
1,046
228
3,386
1,589
1,167
956
1,307
3,695
1,380
1,139
230
936
1,833
522
881
428
29,737
1,167,295
36,540
25,896
905,551
28,738
3,525
210,508
7,582
316
51,236
1,524
92,522
6,189
3,053
45,990
3,869
(D)
7,994
307
4,827
(D)
2,424
(D)
2,985
(D)
30,507
(D)
3,735
(D)
2,212
(D)
135
11,104
12,669
4,221
5,787
9,850
10,649
256
335
1,187
1,957
22,414
17,566
13,274
8,937
4,590
3,053
5,834
6,978
2,873
3,493
4,223
5,738
716
3,031
3,789
708,882
522,626
95,773
29,259
84,425
11,454
18,194
259,429
16,043
22,684
14,726
12,527
81,375
36,293
18,505
8,193
40,745
2,680,361
58,168
Australia
China......................................................................................
Hong Kong
India.
Indonesia
Japan
Korea, Republic of................................................................
Malaysia
New Zealand
Philippines
Singapore
Taiwan
Thailand
Other
U.S.
exports of
goods
shipped to
MOFAs
19,758
1,874
12,938
17,336
2,622
9,172
Asia and Pacific
Research
and
develop
ment
expendi
tures
110,637
17,638
51,873
32,426
1,382
15,995
Africa..
Capital
expendi
tures
199,864
17,727
108,136
6,734
903
90,242
8,287
54,017
88
1,022
Net
income
6,122
5
0
68
8,121
162
179
211
174
655
830
382
56
(D)
68
(D)
(D)
18.1
8.8
857
1,831
7,564
2,230
64.0
381
174
275
28
1,181
5
5
640
2,808
462
987
3,306
1,423
286
284
236
42.4
7.7
43,722
38,039
114,695
44,469
1,591.3
41
548
143
13
(*)
4,100
2,320
5,036
439
288
13,815
2,082
1,881
387
1,673
8,262
2,233
1,154
51
1,216
2,740
7,094
97
378
2,627
299
3,760
124
776
15,215
2,474
1,240
0
20,506
5,495
8,600
1,615
6,042
36,359
4,445
5,205
1,591
2,600
13,116
3,935
3,867
1,317
9,265
1,941
4,009
619
604
16,977
1,965
1,180
825
669
3,571
1,763
798
282
262.4
252.0
97.2
70.8
61.6
229.1
62.1
123.2
38.8
78.2
115.9
76.1
101.4
22.4
83
12,341
25
460
45,775
2,006
300
34,295
1,157
7,606
308,709
18,294
2,593
146,830
3,088
251.5
3,341.6
145.5
527
(*)
0
0
3,727
330
506
341
17
2
1,433
131
214
8
6.2
7.7
Addenda:
Eastern Europe2...................................................................
European Union (15)3
OPEC 4.....................
MOFA Majority-owned foreign affiliate
* Less than $500,000 (+/-).
no
i.
.
. . . ,. .. .. i
D Suppressed to avoid disclosure of data of individual companies.
220
1. See footnote 1 to table 12.1.
\ f ee footnote 1 to table 13.
3. See footnote 2 to table 13.
4 gee footnote 3 to table 13.
November 2003
Survey of Current Business
101
Table 14.2. Selected Data for Majority-Owned Nonbank Foreign Affiliates, by Country of Affiliate, 2001
Millions of dollars
Sales
Total
assets
Total
Goods
Services
Investment
income1
Net
income
Capital
expendi
tures
Research
and
develop
ment
expendi
tures
U.S.
exports of
goods
shipped to
MOFAs
U.S.
imports of
goods
shipped by
MOFAs
Gross
product
Compen
sation of
employees
Thousands
of employ
ees
All countries...............................................................
Canada................................................................................
Europe.................................................................................
5,225,797
464,038
3,170,144
2,520,556
334,124
1,311,967
1,976,417
272,903
1,016,508
456,085
52,947
244,550
88,054
8,274
50,909
176,380
16,417
97,126
111,442
17,999
51,496
19,402
2,131
11,677
198,547
63,501
47,906
197,436
71,871
37,928
583,444
71,527
317,983
265,353
33,465
154,741
8,193.4
1,044.2
3,749.4
Austria
Belgium
Czech Republic
Denmark
Finland
France..........................................................................................
Germany.......................................................................................
G reece..........................................................................................
Hungary
Ireland
Italy....
Luxembourg
Nethei lands
Norway
Poland
Portugal........................................................................................
R ussia..........................................................................................
Spain
Sweden
Switzerland
Turkey
United Kingdom.........................................................................
Other
12,928
110,975
4,760
23,569
7,834
166,117
268,999
3,218
5,843
191,237
71,554
154,363
398,356
20,427
9,162
9,806
5,248
60,256
60,519
166,366
3,683
1,391,209
23,716
12,916
52,507
5,205
10,282
7,185
121,962
199,178
3,721
7,870
71,528
67,773
6,098
112,599
17,458
9,188
8,096
4,985
46,975
33,642
83,045
5,259
415,338
9,158
11,399
45,909
4,396
8,090
5,940
99,498
167,233
3,341
7,125
63,987
58,727
4,858
92,187
14,909
7,817
6,409
4,374
40,810
29,330
74,936
4,662
252,648
7,924
1,426
5,538
775
2,035
1,182
20,951
27,540
316
714
5,787
8,276
738
15,952
2,452
1,245
1,661
545
5,680
3,692
6,194
584
130,118
1,150
91
1,060
34
157
63
1,513
4,405
64
31
1,754
770
502
4,460
97
126
26
66
485
620
1,915
13
32,572
84
517
5,256
336
4,302
451
3,899
8,309
242
82
17,888
2,433
10,155
22,397
1,787
-1 7 3
556
26
2,923
1,226
4,638
-111
8,451
1,537
484
1,630
329
465
218
4,257
7,765
80
427
2,403
2,059
141
2,955
1,783
705
321
351
1,737
1,269
1,048
167
19,400
1,504
63
406
3
(D)
76
1,414
3,258
12
17
606
516
409
36
13
19
(*)
182
574
336
11
3,564
7
197
3,204
70
120
130
4,079
7,352
56
247
1,839
1,659
97
8,807
258
149
117
33
814
582
5,991
204
11,746
153
95
1,197
120
156
183
2,845
5,067
8
974
7,339
1,162
48
2,425
216
105
61
0
493
4,598
2,114
35
8,637
50
3,376
12,739
1,567
3,326
1,856
34,367
57,710
757
1,344
16,529
20,666
1,801
20,362
8,583
2,438
3,178
1,110
10,619
5,746
2,149
1,465
103,143
3,151
1,684
5,688
447
1,680
765
21,061
28,953
351
548
3,169
8,637
430
7,641
1,546
922
925
432
6,127
3,566
4,278
532
54,633
726
35.6
113.5
50.1
38.7
19.0
540.5
601.0
11.8
51.4
86.8
211.3
8.7
175.8
29.2
68.5
39.7
30.1
184.3
90.1
58.3
29.8
1,204.8
70.4
Latin America and Other Western Hemisphere.............
746,829
306,912
234,704
59,501
12,707
29,120
17,962
549
43,363
48,126
64,315
27,445
1,585.7
South America............................................................................
Argentina................................................................................
Brazil........................................................................................
Chile.........................................................................................
Colom bia................................................................................
Ecuador...................................................................................
Peru...........
Venezuela.
O th e r........
Central America
Costa Rica
Honduras..
Mexico.....................................................................................
P anam a.................
O th er......................
Other Western Hemisphere
Barbados...............
Bermuda................
Dominican Republic
United Kingdom Islands, Caribbean................................
O th e r.......................................................................................
209,699
47,609
94,336
19,329
11,769
2,075
8,717
22,510
3,354
138,177
3,245
1,123
98,261
31,243
4,306
398,952
11,605
211,008
3,691
132,669
39,980
124,172
24,528
59,760
8,875
8,784
1,756
4,539
13,466
2,462
119,432
2,706
1,369
107,293
4,171
3,893
63,309
3,062
33,695
2,845
12,104
11,603
93,185
17,460
46,483
5,737
7,512
1,455
3,891
8,594
2,054
107,801
2,590
(D)
(D)
3,147
(D)
33,717
1,490
17,282
1,575
5,093
8,277
28,927
6,390
12,434
2,887
1,203
288
614
4,726
385
10,197
99
(D)
(D)
942
(D)
20,377
1,353
11,524
1,270
3,640
2,590
2,060
678
843
251
69
13
34
146
23
1,434
17
(D)
(D)
82
(D)
9,215
219
4,889
0
3,371
736
173
-4 7 9
-1 ,3 6 0
227
353
12
66
1,231
124
4,697
141
44
4,409
-1 0 2
205
24,250
1,559
15,222
484
4,994
1,991
9,369
2,411
3,351
569
611
151
458
1,690
128
5,590
115
35
4,952
123
365
3,003
38
846
523
736
860
286
43
197
8
11
(*)
2
24
2
254
4
0
250
(*)
(*)
9
1
2
1
3
2
7,401
1,168
3,523
469
653
75
197
1,197
119
34,583
260
70
33,595
444
214
1,378
231
72
101
211
763
4,160
385
1,666
342
412
341
478
511
25
42,619
972
(D)
41,177
(D)
197
1,347
1
4
240
154
949
32,857
7,034
14,547
2,136
2,256
314
1,108
4,797
664
22,164
583
397
19,891
340
953
9,294
1,296
4,088
962
694
2,253
14,726
3,074
7,226
877
916
137
400
1,854
241
11,330
282
135
10,474
205
235
1,390
34
324
206
423
403
660.5
97.0
348.0
53.8
57.3
12.2
19.8
62.0
10.4
873.8
24.5
15.1
801.8
11.8
20.5
51.4
1.2
10.9
16.5
5.7
17.1
51,299
33,597
29,380
4,120
97
2,900
4,142
25
707
4,066
12,271
2,220
139.1
5,644
9,443
6,553
29,660
4,609
5,880
10,036
13,072
4,332
5,444
8,837
10,767
270
436
1,149
2,265
7
0
50
40
687
964
185
1,064
990
936
240
1,976
4
n
21
1
121
50
281
255
(*)
(D)
59
(D)
1,408
4,215
1,882
4,766
196
212
1,083
729
20.9
8.7
54.7
54.8
24,964
18,213
14,905
3,196
112
1,938
1,154
717
854
810
7,354
2,189
60.2
10,954
4,510
3,885
5,614
7,569
1,891
5,051
3,702
6,246
827
4,571
3,261
1,298
1,053
445
399
25
11
35
42
857
-7
185
902
583
22
49
499
717
(*)
0
0
381
72
314
87
727
(D)
30
(D)
3,102
281
1,413
2,557
1,431
247
290
221
39.8
6.8
6.1
7.5
768,522
515,743
408,017
91,771
15,955
28,879
18,689
4,303
42,216
34,636
109,995
45,293
1,614.8
101,371
33,448
100,478
13,533
24,201
263,034
16,147
23,451
15,032
14,131
95,606
39,679
19,301
9,110
58,563
32,545
52,033
7,585
12,062
157,228
16,656
26,215
7,822
9,809
90,566
23,493
17,504
3,663
42,293
29,468
40,915
6,191
11,189
110,914
13,720
24,249
5,721
8,424
83,656
13,935
14,901
2,440
15,176
3,031
8,827
1,195
786
37,039
2,735
1,807
1,990
1,204
5,906
8,585
2,316
1,173
1,094
46
2,291
199
87
9,275
201
159
111
181
1,004
973
287
50
2,407
1,799
4,301
265
1,742
6,437
840
1,723
227
671
5,884
938
1,024
620
3,088
1,588
514
1,040
2,081
3,171
713
1,040
347
885
1,924
574
950
773
285
(D)
291
26
3
1,540
156
(D)
10
146
755
139
18
(*)
4,662
2,045
4,669
440
288
13,222
1,785
1,515
336
1,230
8,533
2,122
1,324
45
1,080
2,949
6,420
140
343
2,231
295
4,314
79
534
13,583
1,649
1,019
0
18,427
5,951
7,749
2,099
5,631
37,376
4,131
5,056
1,853
2,308
10,181
3,606
3,977
1,650
9,125
2,140
3,934
746
646
17,411
1,955
1,346
988
626
3,525
1,762
846
243
265.3
272.9
89.8
76.8
64.6
235.1
64.0
118.7
40.0
72.1
112.9
86.6
95.3
20.7
45,019
2,930,939
70,530
34,718
1,169,800
41,132
30,395
890,365
33,067
4,010
230,892
7,779
313
48,543
286
1,689
89,005
4,755
3,213
45,183
5,366
38
11,253
27
603
40,800
2,014
1,222
34,314
3,169
9,294
296,175
18,286
2,930
145,309
3,477
263.1
3,361.7
152.6
Africa...
Egypt
Nigeria
South Africa
O th e r............................................................................................
Middle East
Israel.
Saudi Arabia
United Arab Emirates...............................................................
O th e r............................................................................................
Asia and Pacific
Australia
China
Hong Kong
India..
Indonesia
Japan
Korea, Republic o f.....................................................................
Malaysia
New Zealand
Philippines
Singapore
Taiwan
Thailand
Other
(D)
Addenda:
Eastern Europe2........................................................................
European Union (15)3 ..............................................................
O P E C 4..........................................................................................
MOFA Majority-owned foreign affiliate
* Less than $500,000 (+/-).
D Suppressed to avoid disclosure of data of individual companies.
1. See footnote 1 to table 12.1.
| See footnote 1 to table 13.
4. See footnote 3 to table 13.
102
U.S. Multinational Companies
November 2003
Table 15.1. Employment of Majority-Owned Nonbank Foreign Affiliates, Country by Industry of Affiliate, 2000
[Thousands of em ployees]
Manufacturing
O f w h ic h :
All
industries
Mining
Utilities
Total
Food
Chemi
cals
Primary
and
fabri
cated
metals
Machin
ery
Compu
ters and
elec
tronic
products
Electri
cal equip
ment,
appli
ances,
and
compo
nents
Transporation
equip
ment
Whole
sale
trade
Infor
mation
Finance
(except
deposi
tory insti
tutions)
and
insur
ance
Profes
sional,
scien
Other
tific, and industries
technical
services
All countries.................................................
Canada.................................................................
Europe..................................................................
8,171.4
1,051.7
3,713.8
136.6
13.6
22.2
59.0
1.2
31.8
4,408.8
454.3
1,897.4
361.1
36.3
129.2
566.6
39.5
277.6
240.8
28.5
139.6
345.8
22.0
186.1
791.2
48.6
229.4
227.2
16.9
94.2
902.2
125.2
433.7
752.0
76.8
419.4
322.6
32.9
170.6
286.7
34.3
115.7
414.6
34.6
240.0
1,791.0
404.0
816.8
Austria.........................................................................
Belgium .......................................................................
Czech Republic.........................................................
Denmark
Finland.........................................................................
France
Germany
Greece
Hungary
Ireland
Italy....
Luxembourg
Netherlands
Norway
Poland
Portugal
Russia
S pain.
S w e d en .......................................................................
Switzerland.................................................................
Turkey...........................................................................
United Kingdom.........................................................
O th e r............................................................................
33.9
120.2
48.0
36.8
16.2
546.2
601.3
12.4
50.0
90.5
204.4
8.9
168.4
28.2
69.9
39.7
27.3
182.1
92.1
54.9
30.3
1,188.6
63.7
(*)
0.1
0.0
0.4
0.0
0.1
0.9
0.0
0.0
(*)
0.1
0.0
2.8
4.2
0.0
0.0
1.1
0.1
0.0
0.2
0.1
7.4
4.9
0.0
0.0
G
0.0
0.0
0.0
0.1
0.0
G
0.0
(*)
0.0
F
(*)
0.6
0.0
0.0
0.2
0.0
0.0
(*)
J
H
20.1
61.7
38.1
18.3
7.5
248.8
387.6
6.6
39.5
66.5
136.3
6.7
83.5
8.0
51.3
25.9
16.6
115.4
51.9
18.6
13.4
431.2
43.7
2.2
7.2
1.1
G
0.1
12.7
12.3
2.4
1.9
1.5
4.4
0.0
9.6
G
12.0
3.8
2.4
11.8
G
G
1.1
31.5
5.5
1.7
18.9
3.5
0.6
0.9
50.3
39.3
1.5
2.7
9.6
27.1
0.7
17.6
0.9
3.7
1.7
7.2
17.8
6.3
2.6
3.5
57.8
1.7
0.7
2.5
2.1
0.7
0.2
15.6
24.8
0.7
H
2.4
11.0
0.3
5.9
0.1
1.6
0.4
0.0
7.7
1.6
0.5
0.3
35.7
J
2.1
7.3
1.9
7.1
1.0
24.8
40.6
0.0
0.7
1.5
14.2
0.0
10.1
2.7
0.9
0.9
0.6
7.3
4.0
2.2
(*)
55.9
0.3
2.3
0.4
10.5
2.6
2.7
32.8
42.1
0.2
3.9
29.2
21.2
0.0
14.1
0.5
0.2
2.2
0.1
6.3
4.3
4.2
0.0
48.7
0.8
0.7
3.1
0.3
A
(*)
13.5
21.6
0.0
J
2.3
9.9
0.1
1.7
0.1
0.3
0.3
0.6
7.4
H
2.0
0.2
12.7
G
7.0
5.7
13.6
0.4
0.5
38.2
142.0
0.0
8.6
1.1
27.1
0.0
9.8
(*)
16.5
13.7
1.0
35.7
24.1
0.7
4.1
80.3
3.5
7.2
20.1
2.6
9.0
5.0
63.1
72.0
3.5
3.7
6.4
23.2
0.9
31.2
4.8
3.4
6.1
2.2
19.7
13.0
19.4
8.5
89.9
4.5
1.0
4.0
0.9
G
0.4
11.6
15.6
(*)
1.3
4.3
7.2
(*)
10.6
1.1
4.4
H
1.4
8.5
4.2
2.3
0.1
L
0.9
0.1
3.0
0.4
0.2
0.1
8.4
13.1
0.4
0.2
1.8
3.9
0.4
1.8
0.4
0.8
0.4
0.1
3.7
1.4
1.2
0.2
73.6
0.4
2.7
8.7
2.3
4.5
1.7
24.4
30.5
1.0
1.7
3.9
9.8
0.7
10.4
1.7
2.2
1.4
1.5
7.7
3.1
3.8
1.1
112.9
1.8
2.7
22.5
G
H
1.4
189.8
81.5
1.0
G
7.6
23.8
0.2
K
8.0
7.2
G
4.5
26.9
18.5
9.5
6.9
365.9
H
Latin America and Other Western Hemisphere
1,613.3
47.0
18.3
1,063.3
120.9
127.4
40.1
64.6
138.4
51.8
270.3
74.3
68.6
42.6
28.3
270.9
South America...........................................................
Argentina................................................................
Brazil
Chile
Colombia
Ecuador
Peru.........................................................................
Venezuela
O th er.......................................................................
Central America.........................................................
Costa Rica..............................................................
Honduras...
M e x ic o ......
P anam a.....
O th e r.........
Other Western Hemisphere....................................
Barbados...
Bermuda.................................................................
Dominican Republic............................................
United Kingdom Islands, Caribbean...............
O th e r.......................................................................
667.2
102.2
351.8
54.6
60.1
10.8
20.3
57.3
10.1
902.1
24.8
19.7
822.6
15.0
19.9
44.0
1.5
4.4
17.1
5.6
15.5
39.1
4.3
2.7
4.1
7.0
1.6
11.4
5.9
2.2
2.0
(*)
0.0
1.3
O
0.7
5.8
0.1
0.0
0.0
1.3
4.5
15.6
4.5
6.7
G
(*)
0.1
0.2
H
0.2
2.3
0.0
(*)
1.2
0.3
0.8
0.4
0.0
0.0
0.3
0.0
0.2
360.6
43.7
251.7
11.0
16.9
5.0
2.7
26.3
3.3
682.5
13.8
12.1
641.9
3.4
11.3
20.1
0.5
0.2
12.1
2.2
5.2
61.8
8.7
37.1
2.3
3.5
2.0
0.9
5.9
1.4
57.8
2.4
1.7
51.6
0.3
1.9
1.3
0.2
0.0
0.8
0.1
0.2
72.2
12.4
41.0
3.1
5.4
0.9
1.2
7.8
0.5
53.0
0.9
0.2
48.7
0.6
2.6
2.1
0.1
(*)
0.8
0.0
1.3
17.3
1.3
14.1
0.6
0.5
(*)
0.1
0.7
0.0
21.6
0.5
0.0
21.0
0.0
0.1
1.2
0.0
0.0
0.2
0.4
0.5
40.0
1.0
36.8
0.4
0.0
0.0
0.0
1.6
0.2
24.4
n
0.0
24.3
0.0
0.0
0.2
0.0
0.2
0.0
(*)
(*)
16.8
0.2
16.5
0.0
0.0
0.0
0.0
(*)
0.0
121.6
H
0.0
116.5
0.0
G
0.1
0.0
0.0
0.0
(*)
(*)
10.0
0.2
8.7
0.4
0.4
0.0
0.0
0.2
0.0
41.8
2.8
0.1
38.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
65.2
8.5
50.4
F
1.3
0.4
0.0
4.1
A
205.1
0.0
G
202.5
G
0.0
0.0
0.0
0.0
0.0
0.0
0.0
44.3
6.8
18.4
4.0
6.4
1.1
2.6
3.4
1.5
26.5
0.8
0.6
22.1
1.0
2.2
3.4
0.2
0.4
0.7
0.6
1.5
45.9
6.7
24.3
3.8
4.0
0.8
1.7
3.3
1.3
J
F
(*)
17.1
(*)
F
H
0.5
(*)
H
n
(*)
25.8
10.3
6.7
6.6
0.8
0.1
0.1
1.0
0.3
12.5
0.1
0.4
11.4
0.3
0.3
4.3
(*)
3.3
0.0
0.6
0.4
17.9
4.3
5.5
1.5
1.6
0.4
0.4
3.5
0.7
10.0
0.6
0.0
9.0
(*)
0.3
0.5
0.1
0.1
0.1
0.1
0.1
118.0
21.7
35.9
J
23.4
1.8
1.1
J
0.6
M
I
6.6
118.6
10.0
H
I
0.1
0.5
A
0.8
3.6
Africa....................................................................
137.2
16.2
0.0
76.9
10.9
12.3
3.1
6.4
1
2.2
10.0
16.8
2.0
1.3
6.3
17.7
Egypt............................................................................
Nigeria..........................................................................
South Africa................................................................
O th er............................................................................
18.1
8.8
58.0
52.3
0.9
6.0
n
9.3
0.0
0.0
0.0
0.0
13.0
1.0
35.6
27.3
1.0
0.0
G
I
2.4
0.9
6.8
2.2
0.3
0.0
G
G
3.3
0.0
3.1
0.1
0.0
0.0
0.2
1
0.0
0.0
2.2
(*)
0.0
0.0
7.5
2.5
G
0.8
9.3
I
0.1
0.0
1.8
0.1
0.1
0.0
0.5
0.7
0.1
0.2
5.8
0.2
0.8
5.1
I
Middle East..........................................................
64.0
7.3
0.0
27.3
2.2
1.2
0.6
1.7
J
0.1
0.1
5.3
3.6
0.9
4.5
15.1
Israel.............................................................................
Saudi Arabia...............................................................
United Arab Em irates..............................................
O th e r............................................................................
42.4
7.7
6.2
7.7
0.0
1.3
2.5
3.5
0.0
0.0
0.0
0.0
24.4
G
0.2
G
G
0.0
0.0
A
0.7
0.2
0.1
0.2
0.2
0.4
0.0
(*)
1.1
0.6
0.0
(*)
J
(*)
0.0
0.0
0.1
0.0
0.0
0.0
0.1
0
0.0
0.0
3.4
0.2
1.5
0.2
G
G
0.1
O
0.3
0.1
0.2
0.3
3.2
0.7
0.5
0.2
I
G
1.3
G
Asia and Pacific...................................................
1,591.3
30.3
7.7
889.6
61.6
108.6
29.0
65.0
350.5
62.1
63.0
159.5
44.9
91.9
100.9
266.5
Australia.......................................................................
China.
Hong Kong
India...
Indonesia
Japan.
Korea, Republic o f....................................................
Malaysia
New Zealan d ..............................................................
Philippines..................................................................
Singapore....................................................................
Taiw an..........................................................................
Thailand.......................................................................
O th er............................................................................
262.4
252.0
97.2
70.8
61.6
229.1
62.1
123.2
38.8
78.2
115.9
76.1
101.4
22.4
2.5
1.0
0.0
0.6
19.6
(*)
0.0
1.7
0.2
(*)
0.7
0.0
1.3
2.5
2.3
0.4
H
0.1
0.2
0.0
0.0
0.0
0.7
F
0.0
0.0
0.1
0.1
102.6
193.6
38.3
48.0
26.2
74.8
35.7
107.7
16.0
57.8
70.8
32.0
76.8
9.2
22.7
7.6
0.1
2.4
0.3
1.7
0.8
0.9
G
9.0
0.2
1.3
11.3
G
14.2
24.1
1.6
8.8
5.9
25.6
3.9
3.0
0.9
4.5
3.3
4.5
5.1
3.2
11.8
8.0
G
G
0.2
1.6
0.8
0.1
0.5
0.3
0.4
0.9
1.3
(*)
7.7
17.7
2.0
15.5
1.4
5.6
5.8
1.2
0.4
0.6
2.6
2.3
2.1
0.1
4.5
70.1
11.1
3.5
0.3
21.9
14.7
84.3
0.1
30.6
52.0
14.4
43.0
0.1
0.9
38.8
8.1
2.8
3.0
1.0
(*)
1.5
(*)
2.9
2.2
0.6
0.2
0.0
20.1
9.8
0.7
7.3
2.0
2.2
4.3
1.4
0.1
H
4.2
H
4.4
0.3
24.0
9.0
19.8
12.2
1.3
33.9
7.0
5.1
4.2
5.6
14.2
10.8
7.4
4.9
14.8
2.0
3.4
1.1
(*)
9.7
1.7
0.5
2.8
5.5
2.2
0.8
0.3
(*)
10.9
G
8.5
1.2
5.2
36.2
3.6
2.9
0.9
H
3.9
10.9
3.3
A
23.9
4.4
8.4
5.7
2.0
35.3
3.4
2.4
2.9
2.3
5.8
2.0
2.2
0.3
81.4
K
J
1.7
7.1
39.3
10.7
2.9
11.1
3.3
18.2
19.6
10.0
H
251.5
3,341.6
145.5
5.9
11.8
38.6
8.5
23.2
H
184.6
1,668.1
55.0
22.8
102.4
6.4
18.6
251.9
14.9
28.5
110.2
1.3
4.3
176.7
3.5
15.5
209.1
0.3
14.4
76.4
3.2
42.8
385.6
6.1
15.7
370.3
7.3
8.7
158.3
5.6
1.9
112.0
6.5
9.2
223.8
6.9
17.0
774.1
J
G
Addenda:
Eastern Europe1........................................................
European Union (1 5 )2 .............................................
O P E C 3..........................................................................
* Fewer than 50 employees.
1. See footnote 1 to table 13.
2. See footnote 2 to table 13.
3. See footnote 3 to table 13.
Note: Size ranges are given in employment cells that are suppressed. The size ranges are A— 1 to 499; F— 500 to 999;
G— 1,000 to 2,499; H— 2,500 to 4,999; 1—5,000 to 9,999; J— 10,000 to 24,999; K—25,000 to 49,999; L— 50,000 to 99,999;
M— 100,000 or more.
103
Survey of Current Business
November 2003
Table 15.2. Employment of Majority-Owned Nonbank Foreign Affiliates, Country by Industry of Affiliate, 2001
[Thousandsofemployees]
Manufacturing
O f w h ic h :
All
industries
Mining
Chemi
cals
Primary
and
fabri
cated
metals
Machin
ery
Compu
ters and
elec
tronic
products
Electri
cal equip
ment,
appli
ances,
and
compo
nents
Utilities
Total
Food
Transporation
equip
ment
Whole
sale
trade
Infor
mation
Finance
(oxcspt
deposi
tory insti
tutions)
and
insur
ance
Profes
sional,
scien
Other
tific, and industries
technical
services
All co u ntries.........................................................
8,193.4
147.9
77.9
567.3
235.0
339.6
719.6
223.4
893.0
783.1
339.2
320.2
409.4
1,806.9
1,044.2
J
G
4,308.8
443.9
376.9
C anada ............................................................................
39.6
37.4
27.4
20.3
45.7
14.9
123.6
81.5
33.0
34.6
28.9
402.8
E u ro p e .............................................................................
Austria..........................................................................
B elgium .......................................................................
Czech Republic.........................................................
Denm ark......................................................................
Finland..........................................................................
Franc e..........................................................................
Germany
Greece
Hungary
Ireland
Italy....
Luxembourg................................................................
Netherlands................................................................
N orw ay........................................................................
Poland
Portugal
Russia
S p ain .
Sweden
Switzerland
Turkey
United Kingdom
O th e r....... 7..................................................................
3,749.4
35.6
113.5
50.1
38.7
19.0
540.5
601.0
11.8
51.4
86.8
211.3
8.7
175.8
29.2
68.5
39.7
30.1
184.3
90.1
58.3
29.8
1,204.8
70.4
24.0
(*)
0.1
0.0
0.4
0.0
0.1
0.7
0.0
0.0
(*)
0.1
0.0
3.7
4.4
0.0
0.0
1.0
0.1
0.0
0.4
0.1
8.3
4.6
36.6
0.0
0.0
G
0.0
0.0
0.0
0.1
0.0
G
0.0
0.1
0.0
F
(*)
0.6
0.0
0.0
A
0.0
0.0
O
21.5
9.3
1,867.9
21.1
58.2
40.5
18.5
8.2
244.5
383.1
6.4
40.5
61.3
137.1
6.5
84.6
9.0
49.7
25.4
18.3
113.7
44.5
19.0
13.3
419.8
44.7
128.5
2.2
6.6
1.0
2.0
0.1
13.0
11.2
2.2
4.1
1.8
4.2
0.0
9.6
G
11.5
3.7
2.2
11.8
1.8
G
1.0
29.9
5.6
287.3
2.2
18.8
3.4
0.9
0.9
49.4
39.8
1.6
2.2
10.3
28.2
0.7
26.7
0.7
3.6
1.9
6.9
17.5
6.1
3.1
4.0
56.9
1.6
177.3
2.0
6.2
1.8
6.4
1.0
24.6
38.4
0.0
0.7
0.5
14.1
0.0
9.5
2.7
1.3
0.9
0.6
5.9
4.5
2.1
(*)
53.3
0.7
208.6
2.1
0.4
10.3
3.1
3.7
27.7
42.0
0.2
4.5
24.8
22.1
0.0
7.4
0.5
0.2
2.5
0.1
5.6
3.7
3.0
0.0
44.0
0.8
92.9
F
2.6
0.3
A
0.1
13.1
21.6
0.0
12.2
2.1
10.0
0.1
1.8
0.1
0.2
0.3
0.6
6.6
2.5
2.7
0.2
11.9
2.6
426.3
6.7
5.7
15.7
0.4
0.6
39.4
131.5
0.0
9.4
1.7
24.9
0.0
9.6
G
15.9
13.0
1.2
34.9
16.1
0.8
3.8
90.4
H
438.1
7.4
21.8
2.5
8.4
5.1
64.0
76.8
3.2
4.3
5.6
25.5
0.9
37.0
4.6
3.3
6.2
3.0
21.0
13.8
19.6
7.6
91.6
4.9
185.1
1.8
3.3
0.9
G
0.4
11.5
16.7
(*)
1.7
5.1
8.0
(*)
10.3
0.9
3.3
H
0.7
I
4.2
4.3
(*)
99.0
1.0
127.8
0.1
3.1
0.4
0.2
0.1
10.0
12.5
0.4
0.2
2.1
3.8
0.3
2.3
0.4
1.8
0.5
0.8
5.3
1.3
1.1
0.2
80.5
0.4
238.1
2.7
8.8
2.4
5.1
1.8
22.3
30.2
1.0
1.1
5.2
9.5
0.7
10.0
1.3
2.2
1.4
1.4
8.0
3.5
4.2
1.5
111.9
1.8
831.8
2.6
18.2
G
H
3.4
188.2
80.9
0.7
G
7.6
27.1
0.2
K
8.5
7.5
G
4.9
29.4
22.9
9.7
7.1
372.1
3.5
Latin Am erica and O ther W estern H em isphere
South America
Argentina
Brazil
Chile
Colombia
Ecuador
Peru
Venezuela
Other
Central America.........................................................
Costa Rica
Honduras................................................................
M exico....................................................................
P anam a..................................................................
O th e r.......................................................................
Other Western Hemisphere....................................
Barbados................................................................
Bermuda.................................................................
Dominican Republic............................................
United Kingdom Islands, Caribbean...............
O th er.......................................................................
1,585.7
660.5
97.0
348.0
53.8
57.3
12.2
19.8
62.0
10.4
873.8
24.5
15.1
801.8
11.8
20.5
51.4
1.2
10.9
16.5
5.7
17.1
48.7
42.7
8.2
2.8
4.1
7.3
1.3
11.7
5.6
1.7
1.2
(*)
0.0
1.2
(*)
(*)
4.7
0.0
0.0
0.0
1.7
3.0
26.6
21.0
5.4
8.0
1.7
(*)
0.1
0.2
5.2
0.3
G
0.0
(*)
0.8
0.3
G
H
0.0
0.0
G
0.0
G
1,025.4
361.0
40.0
251.5
11.7
16.1
7.3
2.4
27.9
4.0
646.2
14.5
7.2
609.4
3.6
11.4
18.2
0.5
0.2
11.0
2.2
4.3
124.0
60.3
7.7
36.0
2.0
3.0
4.5
0.9
5.3
0.9
62.4
2.5
1.7
55.2
0.3
2.8
1.3
0.2
0.0
0.8
0.1
0.2
121.0
72.5
11.6
42.4
4.2
5.1
0.8
0.9
7.1
0.5
46.5
0.9
0.2
42.6
0.5
2.3
2.0
0.1
(*)
0.7
0.0
1.1
140.5
0.7
2.6
2.1
0.7
0.2
17.4
26.0
0.7
H
2.4
10.4
0.3
5.6
0.1
1.7
0.4
0.0
9.4
1.7
0.6
0.1
32.5
J
37.2
16.0
1.2
12.2
0.6
0.5
(*)
0.1
0.9
0.5
20.1
0.5
0.0
19.5
0.0
0.1
1.1
0.0
0.0
0.2
0.4
0.5
269.0
75.9
8.2
58.6
0.6
1.3
0.4
0.0
6.7
0.1
193.1
0.0
F
190.6
G
0.0
0.0
0.0
0.0
0.0
0.0
0.0
74.3
43.3
6.5
17.2
3.9
6.9
1.2
2.3
3.8
1.4
26.8
0.8
0.5
22.5
1.1
2.0
4.2
0.2
0.5
1.0
0.4
2.0
65.7
41.0
5.8
22.0
3.8
2.6
0.7
1.8
2.9
1.3
J
F
(*)
19.7
(*)
G
H
0.3
(*)
H
0.0
0.1
43.8
26.8
9.8
7.2
5.4
2.5
0.1
0.1
1.4
0.3
11.0
0.1
0.4
10.0
0.3
0.3
5.9
(*)
3.2
0.0
0.5
2.2
24.5
15.3
3.1
4.4
1.6
1.4
0.4
0.4
3.3
0.6
8.9
0.6
0.0
8.1
(*)
0.2
0.4
0.1
A
(*)
0.1
A
276.7
109.6
18.2
35.0
21.5
20.4
1.0
0.9
12.0
0.6
M
I
7.1
130.1
6.5
H
J
0.1
I
0.1
0.7
H
139.1
20.9
8.7
54.7
54.8
16.4
1.0
5.8
(*)
9.6
H
0.0
0.1
0.0
H
74.5
15.3
1.0
32.0
26.2
12.8
G
0.0
2.5
I
11.0
3.1
0.9
5.0
2.0
3.0
A
0.0
1.2
G
122.2
14.2
0.2
14.0
0.0
0.0
0.0
0.0
(*)
0.0
107.9
H
0.0
102.5
0.0
G
0.1
0.0
0.0
0.0
0.1
n
H
0.0
0.0
0.2
H
50.3
8.8
0.2
7.5
0.4
0.4
0.0
0.0
0.2
0.0
41.6
2.8
0.1
38.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
A fric a ...............................................................................
Egypt...........................................................................
Nigeria.........................................................................
South Africa................................................................
O th e r...........................................................................
1.3
0.1
0.0
0.5
0.7
5.8
A
0.2
5.4
A
J
H
1.2
5.0
I
1
0.0
1.4
2.1
H
0.0
0.0
0.0
0.0
0.0
24.7
21.5
1.3
0.3
1.7
2.2
2.0
0.0
0.0
0.2
1.3
0.8
0.2
0.1
0.2
J
J
(*)
0.0
0.0
4.5
2.5
0.2
1.6
0.2
3.0
G
G
0.1
A
J
I
G
1.1
G
1,614.8
265.3
272.9
89.8
76.8
64.6
235.1
64.0
118.7
40.0
72.1
112.9
86.6
95.3
20.7
33.7
2.4
1.6
0.0
0.6
23.0
(*)
0.0
G
0.2
(*)
0.8
0.0
1.4
G
9.4
2.3
G
2.7
0.1
0.2
0.0
0.0
0.0
0.7
1.0
0.0
0.0
0.1
A
872.4
102.0
206.0
33.8
48.7
29.1
72.3
33.1
103.5
16.3
49.9
67.1
29.9
71.4
9.3
69.8
23.4
8.9
0.1
2.2
H
1.2
1.1
0.9
G
9.5
0.2
1.7
13.7
2.0
109.5
14.7
26.1
1.6
9.2
5.3
23.7
4.1
3.0
0.9
3.8
4.5
4.2
5.1
3.5
323.6
4.6
73.7
9.4
3.4
0.2
21.7
12.1
80.5
0.1
23.1
46.3
12.4
36.0
0.1
63.2
1.4
41.5
6.4
2.7
2.9
0.9
0.5
1.2
(*)
3.0
1.9
0.6
0.2
0.0
63.3
19.7
9.8
0.7
5.9
2.0
3.9
4.5
2.3
0.1
H
4.3
H
2.9
0.3
167.9
25.7
11.4
18.0
14.4
1.3
37.8
7.6
5.2
3.9
6.2
15.0
11.3
6.1
4.2
50.3
15.6
3.1
3.1
2.5
(*)
10.8
1.9
0.5
3.0
5.7
2.5
1.3
0.3
0
1.1
0.3
0.1
0.3
0.3
111.7
11.1
1.1
9.9
1.5
5.0
43.0
4.1
2.5
0.8
2.8
4.1
22.0
3.3
0.4
6.1
4.9
0.6
0.5
0.2
Asia and Pacific
Australia
China.
Hong Kong
India...
Indonesia
Japan.
Korea, Republic o f....................................................
Malaysia
New Zealand
Philippines
Singapore
Taiw an.........................................................................
Thailand
Other,
0.6
0.2
0.4
0.0
(*)
26.2
10.2
7.8
0.9
G
A
1.6
0.7
0.1
0.4
(*)
0.3
0.9
1.5
(*)
10.8
0.0
0.0
8.1
2.6
0.1
0.1
(*)
0.0
0.0
2.1
0.1
0.0
1.9
0.1
60.2
39.8
6.8
6.1
7.5
G
0.0
0.0
G
(*)
A
A
0.0
0.0
0.0
16.7
1.7
0.4
9.9
4.8
Middle E a s t...................................................................
Israel.............................................................................
Saudi Arabia...............................................................
United Arab Emirates..............................................
O th e r...........................................................................
65.2
39.4
1.2
35.9
0.5
0.0
0.0
0.0
1.6
0.2
25.6
(*)
0.0
25.6
0.0
0.0
0.2
0.0
0.2
0.0
(*)
(*)
6.2
3.2
0.0
2.9
0.1
2.6
1.9
0.6
0.2
(*)
68.0
7.4
20.8
2.0
15.8
1.3
5.3
5.5
1.1
0.4
0.5
2.7
2.2
3.0
0.1
105.9
28.4
3.9
7.8
7.2
1.2
35.3
3.7
2.5
2.9
2.6
6.2
1.6
2.3
0.3
263.5
77.8
K
14.6
1.7
4.7
35.8
13.7
H
12.1
3.9
17.3
20.5
10.4
4.4
Addenda:
Eastern Europe1........................................................
European Union (15)2 .............................................
O P E C 3 ........................................................................
263.1
3,361.7
152.6
5.5
13.5
41.6
13.6
22.9
5.5
189.3
1,632.9
60.2
24.5
100.2
9.1
17.6
261.8
13.7
28.7
111.0
1.5
4.9
167.4
3.6
15.9
189.2
0.3
14.8
74.1
3.1
45.5
374.8
8.7
17.3
388.3
7.3
7.2
172.2
4.4
3.6
122.4
6.8
8.6
222.1
5.8
17.9
787.3
21.0
* Fewer than 50 employees.
1. See footnote 1 to table 13.
2. See footnote 2 to table 13.
3. See footnote 3 to table 13.
Note. Size ranges are given in employment cells that are suppressed. The size ranges are A— 1 to 499; F—500 to 999;
6 — 1,000 to 2,499; H— 2,500 to 4,999; 1— 5,000 to 9,999; J - 1 0,000 to 24,999; K -2 5 ,0 0 0 to 49,999; L—50,000 to 99,999;
M - 1 00.000 °r more.
104
U.S. Multinational Companies
November 2003
Table 16.1. Gross Product of Majority-Owned Nonbank Foreign Affiliates, Country by Industry of Affiliate, 2000
[Millions of dollars]
Manufacturing
O f w h ic h :
All
industries
Mining
Utilities
Total
Chemi
cals
Food
Primary
and
fabri
cated
metals
Machin
ery
Compu
ters and
elec
tronic
products
Electri
cal equip
ment,
appli
ances,
and
compo
nents
Transporation
equip
ment
Whole
sale
trade
Infor
mation
Finance
(except
deposi
tory insti
tutions)
and
insur
ance
Profes
sional,
scien
Other
tific, and industries
technical
services
All countries.................................................
Canada .................................................................
Europe..................................................................
606,626
73,483
328,862
57,622
6,106
20,214
11,046
501
5,616
315,697
45,961
175,520
19,231
2,497
10,696
57,745
4,598
36,083
12,316
2,092
6,703
17,763
1,329
11,269
42,940
3,245
17,943
7,566
895
4,606
50,083
14,230
24,838
99,554
5,670
61,591
20,635
1,268
12,293
19,655
1,501
7,277
33,043
1,953
19,204
49,374
10,521
27,148
Austria
Belgium
Czech Republic.........................................................
Denmark
Finland
France
Germany......................................................................
G reece..........................................................................
Hungary
Ireland
Italy...
Luxembourg
Netherlands
Norway
Poland
Portugal.......................................................................
Russia
Spain
Sweden
Switzerland
Turkey
United Kingdom.........................................................
Other
3,390
13,474
1,301
3,189
1,975
35,955
60,330
881
1,258
16,420
20,840
436
20,501
9,242
2,018
3,285
401
10,461
6,695
1,122
1,873
110,877
2,939
1
5
(*)
773
0
10
906
(*)
(*)
5
-1 7
0
664
6,184
-2
(*)
150
22
0
23
2
9,509
1,980
0
0
(D)
0
0
0
8
0
(D)
(*)
(*)
0
(D)
(*)
15
(*)
0
28
0
0
16
(D)
(D)
1,749
8,248
937
983
755
20,602
33,895
373
813
13,462
15,894
-2 3 2
10,680
1,612
1,746
1,989
239
6,945
3,328
3,471
1,380
46,089
560
224
553
17
(D)
6
1,008
1,692
92
35
181
605
0
1,035
(D)
253
144
87
591
(D)
(D)
47
3,446
60
165
2,872
91
75
121
5,193
4,390
165
54
7,890
2,508
-5 5 7
3,076
86
155
112
80
1,650
396
646
295
6,589
31
27
153
33
41
113
713
1,472
42
(D)
82
636
20
278
4
45
7
0
747
80
37
27
1,979
(D)
123
447
28
268
37
1,430
2,810
0
9
87
965
(*)
618
217
14
32
7
432
273
179
3,280
13
235
27
89
138
301
2,603
3,757
7
-2 7 5
2,910
1,721
0
1,196
58
4
129
6
426
222
695
-2
3,697
1
25
250
7
(D)
2
723
1,628
0
(D)
138
230
2
116
3
1
13
4
295
(D)
151
7
604
(D)
669
495
194
17
41
1,597
8,239
0
307
69
1,188
0
1,036
1
220
218
14
1,595
1,768
67
96
6,967
40
1,041
2,634
204
937
1,038
6,315
15,575
406
222
1,553
2,876
463
6,126
658
184
820
64
1,842
1,898
1,064
341
15,086
246
114
446
10
(D)
24
575
1,270
1
19
1,645
469
1
563
23
-2 0 2
(D)
89
336
403
381
8
(D)
20
-1 9
81
22
20
9
787
850
41
3
496
39
412
388
20
40
-2 1
73
-2 8
-4 9
-4 ,8 5 4
13
8,934
18
220
1,021
53
312
121
1,829
2,882
32
59
76
690
52
770
141
73
99
23
489
335
294
31
9,559
43
284
1,039
(D)
(D)
26
5,836
4,943
29
(D)
-8 1 6
889
-2 6 0
(D)
605
163
(D)
-2 3 7
826
780
743
82
10,816
(D)
Latin America and Other Western Hemisphere
68,238
6,594
2,039
36,744
3,738
7,790
1,315
2,489
1,240
972
8,129
9,166
3,721
4,465
1,717
3,791
South America...........................................................
Argentina................................................................
B razil.......................................................................
C h ile........................................................................
Colom bia................................................................
Ecuador..................................................................
Peru..........
Venezuela.
O th e r........
Central America
Costa Rica
Honduras..
Mexico
Panam a....
Other
Other Western Hemisphere....................................
Barbados..
Bermuda...
Dominican Republic............................................
United Kingdom islands, Caribbean...............
O th er.......................................................................
36,939
7,733
18,783
2,172
2,569
367
1,214
3,327
774
21,954
539
355
19,799
386
875
9,345
2,162
4,306
892
-4 1 7
2,402
5,098
1,506
202
424
977
228
842
685
234
233
1,701
501
935
(D)
1
22
37
(D)
30
270
0
2,236
495
1,122
56
177
19
16
213
138
1,437
56
43
1,289
4
46
65
7
4,315
765
2,569
185
285
10
45
439
18
3,304
36
5
3,182
19
62
170
3
846
81
727
42
5
-1
1
-8
402
15
386
O
352
-2 7
353
7
6
0
2,884
410
1,571
87
12
40
27
688
48
(D)
(D)
29
11
18
43
0
124
3,957
544
1,798
493
555
-1 1
156
205
217
1,393
20
49
962
110
251
3,817
1,856
1,607
63
-8 2
373
154
624
1,109
184
403
54
66
3
16
374
8
381
11
0
363
2
5
227
65
25
2
128
7
1,425
375
454
(D)
186
12
0
617
43
2
572
0
0
4
4
0
0
0
0
3,052
281
2,566
(D)
48
26
-1
110
(D)
5,080
0
(D)
5,050
(D)
0
-4
-4
0
0
0
0
1,056
146
590
310
-5
414
15
0
401
0
-3
55
0
0
3
-5
57
1,907
56
1,820
5
0
0
0
21
6
555
93
175
91
236
-3
0
166
12
1,599
(D)
-159
-1
0
92
2
2
0
-1 3 7
-2 4
5
2
7
219
8
0
271
950
32
-1 0
47
19,709
4,066
12,830
535
777
88
94
1,083
235
16,098
402
221
15,078
32
365
937
34
19
333
144
406
13,785
9,499
-1
1,760
100
609
1,162
4,882
2,311
5,430
864
4,792
-1 1
3,854
0
0
0
-1
132
26
1,091
512
15
0
(D)
(D)
85
-1
437
89
Middle East..........................................................
7,564
2,025
2,808
462
987
3,306
3,923
(*)
0
Israel.............................................................................
Saudi Arabia
United Arab Em irates..............................................
Other
1,902
114
(D)
108
592
3,223
0
0
0
0
11,287
2,288
435
(*)
2,891
922
83
(D)
Africa...
Egypt
Nigeria
South Africa
O th e r............................................................................
Asia and Pacific
Australia
China
Hong Kong
India..
Indonesia
Japan
Korea, Republic o f....................................................
Malaysia
New Zealand
Philippines
Singapore
Taiwan
Thailand.......................................................................
O th er............................................................................
114,695
20,506
5,495
8,600
1,615
6,042
36,359
4,445
5,205
1,591
(*)
0
185
18
31
1,264
47
-4
n
86
44
139
68
0
(*)
132
5,438
3
(*)
1,329
191
125
0
0
61
135
(D)
0
0
1
132
2,600
13,116
3,935
3,867
1,317
-6 1
51
1,055
556
7,606
308,709
18,294
2,127
11,878
14,125
(*)
-1
(*)
(*)
(*)
0
830
(D)
0
659
0
(D)
7
2
(*)
0
5
127
9
0
(D)
(D)
93
0
75
2
0
0
9
89
14
104
38
23
28
2
10
0
1
78
18
0
8
2,065
(D)
(D)
(D)
(*)
39
980
(D)
-3
-3
651
-3
1
0
0
-3
0
0
0
344
63
220
23
2,403
330
211
18,861
255
2,015
1,003
41
389
2,714
1,495
7
157
155
180
-2
668
344
27
14
160
13
16
118
25
2
20
729
57
-7
2,925
737
2,365
-4
-1
32
2
3
28
41
30
(D)
311
446
549
214
45
(*)
57
191
171
57
1
887
7,460
621
818
1
70
139
19
5
0
-2 3
8
174
2,194
839
174
125
452
9,838
221
403
34,646
635
244
6,391
9
70
10,801
38
-1 7 5
17,368
-5
276
4,130
28
758
23,899
115
804
58,609
568
0
0
(D)
2,086
4,381
1,426
886
285
17,830
2,505
145
(*)
8,577
1,094
872
2
35
3
75
97
128
235
146
3,821
401
16
249
66
1,676
9,030
1,757
1,916
121
0
0
(*)
(D)
(D)
53,687
8,246
3,098
530
(*)
0
554
0
0
27
8
19
0
1
(*)
(*)
169
(D)
45
0
(*)
1,326
(D)
127
18
78
70
1,534
142
(D)
(D)
n
(*)
0
135
23
86
5
213
330
9
4
(D)
270
(D)
(*)
319
(*)
(D)
(D)
7
-2 6
(D)
27
-1
319
(D)
(D)
49
4
-4
12
4
4
884
-6
6
854
30
1
2,524
168
1,578
(*)
(*)
60
25
122
358
2
9
52
58
268
56
20
13
9,575
1,645
20,876
3,838
252
3,192
65
6,199
760
(D)
3,201
347
37
8,084
306
-1 2
(*)
1,453
167
17
82
27
322
54
2
1,359
-6 2
39
1,751
313
123
63
(D)
516
878
198
(*)
(D)
117
74
334
113
189
9
-7 8
11,945
863
155
11,941
115
233
18,488
539
827
318
465
711
114
696
119
73
5,491
438
165
n
30
(D)
-3
(D)
(D)
79
1,952
150
(D)
(D)
-1 6
1,108
(D)
-1 ,0 4 8
-4
760
(D)
18
109
(D)
167
(D)
(D)
9
(D)
6,988
2,096
(D)
(D)
15
45
1,747
195
157
139
238
669
294
332
(D)
Addenda:
Eastern Europe1........................................................
European Union (1 5 )2 .............................................
OPEC®..........................................................................
* Less than $500,000 (+/-).
D Suppressed to avoid disclosure of data of individual companies.
192
5,408
(D)
4,164
164,761
1,500
1. See footnote 1 to table 13.
2. See footnote 2 to table 13.
3. See footnote 3 to table 13.
10
25,680
(D)
November 2003
Survey of Current Business
105
Table 16.2. Gross Product of Majority-Owned Nonbank Foreign Affiliates, Country by Industry of Affiliate, 2001
[Millions of dollars]
Manufacturing
O f w h ic h :
All
industries
Mining
Utilities
Total
Food
All countries.................................................
Canada .................................................................
Europe..................................................................
Austria.........................................................................
B elgium .......................................................................
Czech Republic.........................................................
Denm ark......................................................................
Finland.........................................................................
France .........................................................................
Germany
Greece
Hungary
Ireland
Italy..
Luxembourg................................................................
Netherlands................................................................
N orw ay........................................................................
Poland
Portugal
Russia
Spain
Sweden
Switzerland.................................................................
Turkey..........................................................................
United Kingdom.........................................................
O th e r............................................................................
Latin America and Other Western Hemisphere
South America...........................................................
Argentina................................................................
Brazil
Chile
Colombia
Ecuador
Peiu
Venezuela
Other
Central America.........................................................
Costa Rica..............................................................
Honduras.
Mexico
Panam a...
O th e r.......
Other Western Hemisphere...................................
Barbados,
Berm uda.................................................................
Dominican Republic............................................
United Kingdom Islands, Caribbean...............
O th er.......................................................................
Africa....................................................................
Egypt............................................................................
Nigeria.........................................................................
South Africa................................................................
O th e r............................................................................
Middle East..........................................................
Israel.............................................................................
Saudi Arabia...............................................................
United Arab Em irates..............................................
O th e r...........................................................................
Asia and Pacific...................................................
Australia
China
Hong Kong
India..............................................................................
Indonesia
Japan
Korea, Republic o f....................................................
Malaysia
New Zealand
Philippines
Singapore
Taiw an..........................................................................
Thailand
Other
583,444
55,188
11,203
300,819
71,527
(D)
(D)
41,611
317,983
3,376
12,739
1,567
3,326
1,856
34,367
57,710
757
1,344
16,529
20,666
1,801
20,362
8,583
2,438
3,178
1,110
10,619
5,746
2,149
1,465
103,143
3,151
64,315
32,857
7,034
14,547
2,136
2,256
314
1,108
4,797
664
22,164
583
397
19,891
340
953
9,294
1,296
4,088
962
694
2,253
19,403
1
5
(*)
1,145
0
-3
960
(*)
(*)
-2
-2 5
0
965
5,677
(*)
(*)
134
23
0
31
2
8,724
1,767
4,726
0
0
(D)
0
0
0
-3 8
0
(D)
(*)
10
0
(D)
(*)
15
(*)
0
(D)
0
0
40
4,323
6
168,797
1,682
7,644
1,163
1,127
657
19,361
32,551
348
769
14,192
15,497
560
10,364
1,727
2,086
1,921
629
6,566
2,754
3,205
1,097
41,948
950
6,574
4,701
1,652
47
326
631
145
654
1,022
224
222
(*)
0
192
30
1
1,651
-1
-8
0
423
1,236
2,686
2,240
375
1,013
203
1
13
59
567
10
(D)
0
(*)
35
34
(D)
(D)
0
n
(D)
-8
(D)
34,783
17,778
3,696
10,786
593
680
76
96
1,635
216
16,159
437
141
14,993
44
543
846
35
25
300
260
226
12,271
1,408
4,215
1,882
4,766
8,402
1,011
4,087
-1 4
3,317
(D)
1,530
225
35
730
539
7,354
3,102
281
1,413
2,557
(D)
Chemi
cals
18,668
2,368
57,617
9,969
313
509
19
154
6
1,075
1,398
81
106
249
414
0
971
(D)
288
157
109
563
116
(D)
43
2,917
75
3,927
2,002
344
1,176
44
134
4
19
236
44
1,862
57
37
1,707
4
56
64
7
36,018
176
2,740
116
95
137
5,217
4,232
142
60
7,519
2,920
158
3,018
76
168
142
71
1,812
356
622
195
6,013
31
O
30
9
18
4,631
7,520
4,018
823
2,101
231
252
13
39
539
19
3,315
38
5
3,187
19
66
187
3
(*)
45
0
139
Compu
ters and
elec
tronic
products
11,908
1,942
16,725
36,038
6,945
44,606
92,713
19,388
23,511
30,926
49,695
1,326
2,893
718
12,331
5,727
1,277
2,617
1,389
6,767
25
118
32
35
70
844
1,580
41
(D)
70
566
21
276
4
44
7
0
726
69
46
14
1,764
(D)
1,209
764
83
593
40
5
-1
1
37
6
427
15
0
415
0
-3
18
0
0
3
-5
19
10,593
129
368
29
282
56
1,324
2,659
0
9
29
947
(*)
703
229
22
32
10
368
256
206
(*)
2,926
8
2,098
1,438
69
1,230
10
0
0
0
123
6
627
(*)
0
626
0
0
33
8
25
0
1
(*)
162
91
0
68
2
15,473
211
27
93
248
224
1,839
3,407
15
-3 7 5
3,408
1,743
0
677
55
4
91
6
339
203
469
-2
2,788
1
4,572
(D)
195
7
(D)
7
687
1,652
0
243
140
328
2
97
3
3
12
3
260
23
157
6
594
83
54,731
1,003
3,305
234
736
927
6,034
14,983
325
305
1,659
2,947
774
4,954
500
227
877
151
1,936
1,527
-2 ,8 5 9
168
13,644
374
11,963
126
106
25
(D)
25
658
1,533
1
47
1,374
524
1
612
73
-201
(D)
35
(D)
488
108
2
5,599
14
11,784
-9
16
26
6
8
565
849
25
6
308
82
446
700
17
42
-2 0
107
305
-1 1 7
-5 2
14
8,442
18
18,860
267
765
29
355
131
1,733
2,547
36
100
99
668
53
970
97
46
89
26
552
294
775
97
9,085
46
10,828
27,719
306
897
(D)
(D)
109
6,020
4,324
22
(D)
-1,10 1
964
-3 3
(D)
492
223
(D)
29
916
801
942
46
11,377
-2 3
1,609
404
10
393
(*)
(*)
0
0
(*)
0
1,077
(D)
0
944
0
(D)
127
2
n
0
125
(*)
869
250
-2 3
246
8
6
0
(*)
13
0
615
32
2
581
0
0
4
4
0
0
0
0
22,460
602
376
347
16
36
1,562
7,539
0
308
109
993
0
1,011
(D)
305
217
27
1,133
1,356
74
120
6,242
(D)
6,846
2,756
-3 6
2,446
32
49
27
-1
242
-2
4,094
0
(D)
4,067
(D)
0
-4
-4
0
0
0
0
8,381
3,571
435
1,348
463
690
32
170
257
177
1,608
23
187
1,015
93
291
3,202
1,051
1,506
68
95
481
2,692
1,700
435
321
104
7
42
58
693
40
(D)
(D)
(*)
388
(’ )
(D)
(D)
5
14
(D)
12
10
4,188
994
277
410
252
19
-7
23
22
(*)
785
-7
6
758
28
(*)
2,410
90
1,289
(*)
375
656
(D)
(D)
0
0
9
(D)
-1
0
(D)
2
216
-4
0
201
18
-2 3 4
3
0
-2 1 0
-2 6
140
3
n
73
64
113
76
18
11
8
(D)
(D)
(D)
1
0
0
-2
-2
(*)
(*)
0
1,623
64
20
1,025
513
842
220
19
580
24
127
5
12
54
56
2,755
1,245
141
22
54
5
454
331
21
3
(D)
260
(D)
41
19
21,409
3,000
492
3,385
517
30
8,656
915
408
414
274
2,098
754
340
124
163
(D)
(D)
22
(D)
3,526
450
187
313
73
(*)
1,546
188
18
88
36
547
79
2
(*)
1,575
1,062
167
422
59
59
3
17
327
8
390
13
0
367
6
3
124
85
(D)
1
47
(D)
201
(D)
7
186
(D)
432
370
34
21
7
4,655
720
16
871
-4 8
56
656
370
136
51
186
514
911
191
25
8,469
1,683
152
316
178
42
4,692
439
170
118
75
328
87
180
9
(D)
(D)
7
(D)
7,330
1,932
(D)
500
12
28
1,915
223
(D)
153
294
651
318
321
641
1,027
21,191
248
1,170
55,631
909
-1 0 3
11,860
724
199
11,605
152
229
17,644
433
266
25,953
429
2,708
2,567
52
56
33
91
35
23
28
4
99
(D)
0
39
(D)
14
2
10
0
1
3,130
843
(D)
1,056
195
199
0
0
-1
295
278
0
0
3
(D)
51,391
7,734
4,616
1,309
1,039
457
19,904
1,997
2,925
683
1,164
5,972
1,458
1,983
149
2,151
1,182
186
2
19
(D)
169
69
18
(D)
144
16
87
120
41
8,975
1,157
1,092
75
357
140
3,717
401
206
67
494
545
458
214
52
1,878
1,382
148
33
(D)
(D)
155
23
2
14
1
18
34
49
(*)
2,434
385
245
116
169
2
643
339
22
13
29
215
170
85
1
13,886
212
2,096
761
57
-2
2,508
270
2,207
-3
478
4,299
395
608
1
(D)
0
0
0
827
121
190
114
11
13
123
38
27
2
53
106
25
5
0
168
4,517
777
5,468
157,171
2,320
597
8,922
277
440
34,677
729
489
6,213
55
78
10,080
154
-2 7 1
15,221
-1
306
4,067
26
109,995
18,427
5,951
7,749
2,099
5,631
37,376
4,131
5,056
1,853
2,308
10,181
3,606
3,977
1,650
9,294
296,175
18,286
1,898
11,794
12,543
Other
industries
Machin
ery
Primary
and
fabri
cated
metals
383
59
-1
236
89
(*)
111
673
(D)
10,085
2,066
259
(*)
132
4,818
7
(*)
(D)
51
1
71
(*)
957
(D)
Profes
sional,
scien
tific, and
technical
services
Electri
cal equip
ment,
appli
ances,
and
compo
nents
148
(D)
0
30
(D)
104
96
0
0
7
0
10
0
(D)
0
0
0
0
0
Finance
(6XC6pt
deposi
tory insti
tutions)
and
insur
ance
Transporation
equip
ment
Whole
sale
trade
Infor
mation
3,435
810
-3
201
136
169
10
33
275
-1 0
(D)
(D)
64
2,143
107
(D)
(D)
30
(D)
1
-5 0 9
(D)
(D)
(D)
55
91
(D)
(D)
Addenda:
Eastern Europe1........................................................
European Union (1 5 )2 .............................................
O P E C 3.........................................................................
* Less than $500,000 (+/-).
D Suppressed to avoid disclosure of data of individual companies.
1. See footnote 1 to table 13.
2. See footnote 2 to table 13.
3. See footnote 3 to table 13.
N o v e m b e r
1 06
S
t
a
t
e
P
e
r
s
o
n
a
l
I
n
c
o
m
2 0 0 3
e
Second Quarter 2003
By G. Andrew Bernat, Jr.
P
ERSONAL income for the Nation, which is mea
sured only in current dollars, grew 0.8 percent in
the second quarter of 2003, the same as in first quarter
and up slightly from the 0.6-percent increase of the
fourth quarter of 2002 (table A). Led by above-average
growth in natural resources and mining, 6 of the 10
fastest growing states were in the Plains and Rocky
M ountain regions (chart 1).
This article presents preliminary estimates of state
personal income for the second quarter of 2003 and re-
The q u a rterly estim ates o f sta te p erso n a l in com e are p r e
p a re d b y the R egion al E conom ic M e a su re m e n t D ivisio n .
vised estimates for the first quarter of 2003. Additional
estimates are provided in two tables at the end of the
article.
P e rso n a l in c o m e g ro w th by c o m p o n e n t
Nationally, net earnings grew 0.8 percent in the second
quarter of 2003, the same as in the first quarter of 2003
and slightly faster than the 0.7-percent growth of the
fourth quarter of 2002 (table B). Net earnings in
creased in all states except Rhode Island, as net earn
ings in 21 states and the District of Columbia grew
faster than in the first quarter, when net earnings in
28 states grew faster than in the fourth quarter of
2 0 0 2 .
Chart 1. Personal Income: Percent Change 2003:1-2003:11
U.S. growth rate = 0 .8 percent
|
I
H ig h e s t qu in tile
I F o u rth quintile
] ] T h ird qu in tile
U.S.Bureauof EconomicAnalysis
1
I S e c o n d qu in tile
H
L o w e s t quintile
107
Survey of Current Business
November 2003
Transfer payments grew slightly faster in the second
quarter of 2003 than in the previous quarter. Twentyfive states experienced faster growth in transfer
payments in the second quarter of 2003, compared
with 27 states in the first quarter of 2003. Nationally,
unemployment benefit payments, the m ost volatile
com ponent of transfer payments, increased 6.5 percent
after declining 3.4 percent in the first quarter. Unem
ployment benefit payments grew in 41 states; N orth
Carolina, Idaho, and Indiana registered gains of more
Table A. Personal Income, by State and Region, 2002:11-2003:11
[Millions of dollars, seasonally adjusted at annual rates]
2002
II
III
IV
I'
Rank
Percent change from preceding qu arte r1
2003
IIP
2002:lll
2002:1V
2003:1
2003:12003:11
2003:ll
United States.....................................................................
New England
8,881,691
8,927,635
8,982,839
9,053,499
9,129,313
0.5
0.6
0.8
0.8
Connecticut............................................................................
M ain e......................................................................................
Massachusetts
New Hampshire
Rhode Island
Vermont
148,249
35,858
252,257
43,865
33,202
18,093
148,840
36,141
251,714
43,847
33,467
18,238
148,486
36,483
252,127
44,047
33,659
18,439
150,562
37,040
252,613
44,381
34,391
18,547
151,432
37,358
253,436
44,519
34,239
18,734
0.4
0.8
- 0 .2
0.0
0.8
0.8
-0 .2
0.9
0.2
0.5
0.6
1.1
1.4
1.5
0.2
0.8
2.2
0.6
0.6
0.9
0.3
0.3
-0 .4
1.0
42
27
48
49
50
16
26,090
24,677
196,862
338,845
686,279
389,692
26,175
24,768
198,005
341,099
685,909
392,285
26,143
25,393
199,454
342,035
687,503
394,198
26,870
25,012
200,370
345,441
687,045
399,180
27,146
25,271
201,941
348,914
694,226
402,747
0.3
0.4
0.6
0.7
-0 .1
0.7
-0 .1
2.5
0.7
0.3
0.2
0.5
2.8
-1 .5
0.5
1.0
-0 .1
1.3
1.0
1.0
0.8
1.0
1.0
0.9
33
18
14
26
420,863
173,169
304,930
334,343
162,839
420,922
174,777
306,682
336,601
163,937
422,491
176,538
307,437
338,255
165,182
423,805
177,028
307,471
340,755
166,691
425,211
178,136
309,740
342,762
168,066
0.0
0.9
0.6
0.7
0.7
0.4
1.0
0.2
0.5
0.8
0.3
0.3
0.0
0.7
0.9
0.3
0.6
0.7
0.6
0.8
47
38
35
41
31
82,375
77,967
169,755
162,979
50,774
16,608
20,095
82,803
78,418
171,656
164,041
51,397
16,931
20,466
83,577
79,028
171,969
165,471
51,767
17,059
20,660
84,767
80,167
172,584
166,696
53,312
17,783
21,632
85,778
80,589
174,027
168,254
54,011
18,016
21,959
0.5
0.6
1.1
0.7
1.2
1.9
1.8
0.9
0.8
0.2
0.9
0.7
0.8
0.9
1.4
1.4
0.4
0.7
3.0
4.2
4.7
1.2
0.5
0.8
0.9
1.3
1.3
1.5
8
45
29
23
4
5
3
112,093
63,291
493,048
245,628
104,583
113,505
63,990
228,855
104,156
158,810
238,366
42,467
113,036
63,686
495,859
246,123
105,556
113,982
64,523
229,994
104,718
159,256
239,670
42,689
114,183
64,464
501,588
248,050
106,548
115,257
65,077
230,836
105,420
160,411
240,605
42,944
116,050
65,067
505,471
253,428
107,340
116,001
66,531
234,567
107,166
162,260
244,050
43,406
116,736
65,674
511,032
255,829
107,929
116,821
67,132
237,292
107,759
163,441
246,116
43,608
0.8
0.6
0.6
0.2
0.9
0.4
0.8
0.5
0.5
0.3
0.5
0.5
1.0
1.2
1.2
0.8
0.9
1.1
0.9
0.4
0.7
0.7
0.4
0.6
1.6
0.9
0.8
2.2
0.7
0.6
2.2
1.6
1.7
1.2
1.4
1.1
0.6
0.9
1.1
0.9
0.5
0.7
0.9
1.2
0.6
0.7
0.8
0.5
40
24
12
22
44
37
25
9
43
36
28
46
142,215
44,098
87,622
618,643
143,274
44,438
88,168
620,373
144,881
45,193
88,522
624,021
145,953
45,461
89,177
626,753
147,364
46,056
89,907
633,709
0.7
0.8
0.6
0.3
1.1
1.7
0.4
0.6
0.7
0.6
0.7
0.4
1.0
1.3
0.8
1.1
21
6
32
11
149,421
33,221
22,490
55,771
15,095
149,961
33,695
22,862
55,952
15,271
150,665
34,129
22,979
56,568
15,469
151,128
34,545
23,127
56,692
15,598
152,390
34,922
23,499
57,241
15,797
0.4
1.4
1.7
0.3
1.2
0.5
1.3
0.5
1.1
1.3
0.3
1.2
0.6
0.2
0.8
0.8
1.1
1.6
1.0
1.3
30
13
2
20
7
20,273
1,152,672
37,244
65,121
100,211
198,138
20,607
1,160,385
37,570
65,891
100,896
200,086
20,898
1,169,530
38,016
66,889
101,974
200,319
20,912
1,177,337
38,720
67,979
102,133
202,505
21,120
1,184,478
39,111
68,751
102,903
206,184
1.6
0.7
0.9
1.2
0.7
1.0
1.4
0.8
1.2
1.5
1.1
0.1
0.1
0.7
1.9
1.6
0.2
1.1
1.0
0.6
1.0
1.1
0.8
1.8
19
39
17
10
34
1
531,524
1,662,445
1,396,144
580,552
1,968,792
892,577
275,997
1,573,659
532,245
1,668,240
1,402,919
585,711
1,979,094
896,253
277,739
1,585,435
533,241
1,674,725
1,409,904
589,532
1,995,385
902,617
279,810
1,597,627
537,534
1,683,917
1,415,750
596,940
2,021,336
907,344
281,091
1,609,586
539,718
1,700,245
1,423,915
602,634
2,039,369
917,036
283,849
1,622,547
0.1
0.3
05
0.9
0.5
0.4
0.6
0.7
0.2
0.4
0.5
0.7
0.8
0.7
0.7
0.8
0.8
0.5
0.4
1.3
1.3
0.5
0.5
0.7
0.4
1.0
0.6
1.0
0.9
1.1
1.0
0.8
Mideast
D elaware................................................................................
District of Columbia.............................................................
Maryland....
New Jersey
New York....
Pennsylvania
15
Great Lakes
Illinois
Indiana
Michigan
Ohio
Wisconsin...............................................................................
Plains
Iowa..........................................................................................
Kansas
Minnesota
Missouri
Nebraska
North Dakota
South Dakota
Southeast
Alabam a.................................................................................
Arkansas
Florida
Geoigia
Kentucky
Louisiana
Mississippi
North Carolina.......................................................................
South C arolina......................................................................
Tennessee..............................................................................
Virginia....................................................................................
West Virginia.........................................................................
Southwest
Arizona....................................................................................
New Mexico............................................................................
Oklahoma...............................................................................
Texas........................................................................................
Rocky Mountain
Colorado.................................................................................
Idaho........................................................................................
M ontana..................................................................................
U ta h .........................................................................................
Wyom ing.................................................................................
Far West
A laska.....................................................................................
California
Hawaii
Nevada
Oregon
Washington
BEA regions
New England..............................................................................
Mideast
Great Lakes
P lain s.
Southeast
Southwest
Rocky M ountain........................................................................
Far W est.............................................. .................................
'Revised.
Preliminary.
1. Percent changes are expressed at quarterly rates.
Note. Estimates may not add to totals due to rounding.
"
108
State Personal Income
than 20 percent. Together, all other transfer pay
m ents— which include old-age, survivors, disability,
and other benefits— grew 1.6 percent.
Nationally, property income (dividends, interest,
and rent) increased 0.1 percent in the second quarter,
November 2003
compared with declines of 0.1 percent in the first quar
ter and 0.4 percent in the fourth quarter. A 1.7-percent
increase in dividends and a 0.5-percent increase in in
terest income more than offset a decline in rental
income.
Table B. Personal Income by Component, by State and Region, 2003:1-2003:11
Percent change
Personal
income
Net
earn ings1
Dividends,
interest,
and rent
Percent change
in personal
income
Transfer
payments
Contribution to percent change
in personal income
(percentage points)
Net
earnings1
Dividends,
interest,
and rent
Dollar change (millions)
Transfer
payments
Personal
income
Net
earnings1
Dividends,
interest,
and rent
Transfer
payments
United States................
New England
0.8
0.8
0.1
1.8
0.8
0.54
0.02
0.27
75,815
49,086
1,932
24,797
Connecticut.............
Maine.........................
M assachusetts.......
New Hampshire......
Rhode Island...........
Verm ont....................
0.6
0.9
0.3
0.3
-0 .4
1.0
0.6
0.7
0.1
0.1
-1 .1
1.0
0.2
0.4
0.2
0.1
-0.1
0.4
1.3
1.8
1.4
1.8
1.5
1.6
0.6
0.9
0.3
0.3
-0 .4
1.0
0.39
0.47
0.10
0.08
-0 .7 2
0.66
0.04
0.07
0.03
0.02
-0.01
0.09
0.15
0.32
0.20
0.21
0.29
0.25
870
318
823
138
-1 5 2
187
581
173
243
38
-2 4 6
123
58
26
75
9
17
231
119
505
91
99
47
1.0
1.0
0.8
1.0
1.0
0.9
1.2
1.3
0.8
1.1
1.2
0.8
-0 .1
0.1
-0.1
0.3
0.3
0.2
1.9
0.8
1.9
1.5
1.4
1.8
1.0
1.0
0.8
1.0
1.0
0.9
0.78
0.91
0.59
0.76
0.75
0.54
-0.01
0.02
-0 .0 2
0.06
0.06
0.04
0.26
0.11
0.21
0.19
0.24
0.31
276
259
1,572
3,473
7,181
3,567
208
228
1,190
2,618
5,165
2,168
-3
5
-3 9
194
385
150
70
27
421
662
1,630
1,250
0.3
0.6
0.7
0.6
0.8
0.1
0.3
0.4
0.5
0.7
0.3
0.4
0.5
0.1
0.4
1.6
2.4
2.4
1.6
1.9
0.3
0.6
0.7
0.6
0.8
0.06
0.18
0.27
0.30
0.47
0.07
0.08
0.09
0.02
0.08
0.20
0.37
0.38
0.27
0.27
1,406
1,108
2,269
2,007
1,375
267
316
829
1,035
783
287
139
284
67
134
852
653
1,157
906
458
1.2
0.5
0.8
0.9
1.3
1.3
1.5
1.3
0.2
0.7
0.9
1.3
1.5
1.8
0.4
0.4
0.3
0.2
0.6
0.4
0.5
2.0
2.1
2.5
2.1
2.1
1.6
1.6
1.2
0.5
0.8
0.9
1.3
1.3
1.5
0.82
0.14
0.46
0.56
0.88
0.97
1.17
0.09
0.09
0.07
0.03
0.13
0.08
0.11
0.29
0.30
0.31
0.35
0.30
0.27
0.24
1,011
423
1,443
1,558
699
233
327
694
111
795
928
471
172
252
73
68
115
49
71
13
24
245
244
533
582
158
47
51
0.6
0.9
1.1
0.9
0.5
0.7
0.9
1.2
0.6
0.7
0.8
0.5
0.4
0.8
1.3
1.0
0.3
0.6
0.8
1.0
0.3
0.6
1.0
0.3
0.1
0.3
0.3
0.0
0.3
0.2
0.2
0.0
0.0
-0 .2
- 0 .3
-0 .1
1.8
1.8
1.7
2.0
1.8
1.5
1.8
3.0
2.1
1.8
1.7
1.3
0.6
0.9
1.1
0.9
0.5
0.7
0.9
1.2
0.6
0.7
0.8
0.5
0.25
0.52
0.76
0.69
0.17
0.36
0.47
0.69
0.18
0.43
0.70
0.17
0.01
0.05
0.07
0.00
0.04
0.04
0.03
0.00
0.01
-0 .0 3
-0 .0 4
-0.01
0.34
0.37
0.27
0.26
0.33
0.31
0.40
0.48
0.36
0.32
0.19
0.31
686
607
5,562
2,401
589
820
601
2,725
593
1,181
2,066
202
285
337
3,838
1,753
185
419
315
1,612
194
697
1,716
73
10
31
336
-1 0
48
46
20
-9
9
-4 3
-1 0 8
-5
390
239
1,388
659
356
355
266
1,122
390
527
458
134
1.0
1.3
0.8
1.1
1.0
1.5
0.7
1.2
0.0
0.0
0.0
0.1
1.8
1.9
1.9
1.6
1.0
1.3
0.8
1.1
0.69
0.98
0.48
0.89
0.01
-0.01
0.01
0.01
0.27
0.33
0.33
0.21
1,410
595
730
6,957
1,003
447
426
5,565
12
396
152
299
1,346
0.8
1.1
1.6
1.0
1.3
0.8
0.9
2.1
1.0
1.3
0.2
0.3
0.3
0.0
0.9
1.8
2.9
1.4
2.0
1.9
0.8
1.1
1.6
1.0
1.3
0.61
0.60
1.29
0.73
0.81
0.04
0.06
0.08
-0.01
0.22
0.18
0.43
0.24
0.24
0.24
1,262
377
372
549
199
924
208
299
415
127
1.0
0.6
1.0
1.1
0.8
1.8
1.0
0.6
1.2
1.2
0.2
2.3
0.3
-0 .4
-0 .1
0.2
0.2
0.0
1.6
2.1
1.7
2.5
3.4
1.6
1.0
0.6
1.0
1.1
0.8
1.8
0.67
0.40
0.81
0.82
0.15
1.58
0.05
-0 .0 7
-0.01
0.04
0.04
0.01
0.27
0.28
0.21
0.28
0.57
0.23
208
7,141
390
772
770
3,679
0.4
1.0
0.6
1.0
0.9
1.1
1.0
0.8
0.2
1.0
0.3
0.9
0.9
1.2
1.0
0.8
0.2
0.2
0.3
0.3
0.1
0.0
0.3
-0 .3
1.5
1.6
1.9
2.1
1.9
1.7
2.0
2.1
0.4
1.0
0.6
1.0
0.9
1.1
1.0
0.8
0.17
0.69
0.23
0.57
0.57
0.82
0.70
0.57
0.03
0.04
0.06
0.07
0.02
0.01
0.05
-0 .0 5
0.20
0.24
0.28
0.31
0.31
0.24
0.23
0.29
2,184
16,328
8,165
5,695
18,033
9,692
2,758
12,961
Mideast
D elaw are..................
District of Columbia
M aryland..................
New Jersey..............
New York..................
Pennsylvania...........
Great Lakes
Illinois........................
Indiana.......................
Michigan...................
Ohio...........................
W isconsin.................
Plains
Iow a...........................
Kansas.....................
Minnesota.................
Missouri....................
Nebraska..................
North D akota...........
South Dakota...........
Southeast
A labam a...................
Arkansas ..................
Florida.......................
Georgia.....................
Kentucky...................
Louisiana..................
Mississippi................
North Carolina........
South Carolina........
Tennessee................
Virginia.....................
West Virginia...........
Southwest
Arizona.....................
New Mexico.............
Oklahom a.................
Texas.........................
-4
5
45
Rocky Mountain
Colorado...................
Id ah o .........................
M ontana...................
Utah...........................
Wyoming...................
61
20
18
34
276
149
55
137
38
141
4,745
312
557
150
3,204
10
-8 6 3
-5
25
39
16
57
3,259
83
191
582
459
912
11,576
3,229
3,422
11,424
7,441
1,974
9,109
180
692
911
413
326
59
130
-7 7 9
1,092
4,060
4,024
1,860
6,284
2,192
655
4,631
-4
Far West
Alaska........................
California..................
Hawaii........................
Nevada.....................
O reg on.....................
Washington..............
BEA regions
New England................
Mideast..........................
Great Lakes..................
Plains..............................
Southeast.....................
Southwest.....................
Rocky Mountain...........
Far W est........................
1. Net earnings is earnings by place of work—the sum of wage and salary disbursements (payrolls), other labor income, and proprietors’ income—less personal contributions for social insurance plus an adjustment to convert earnings by place of
work to a place-of-residence basis.
Note. Estimates may not add to totals due to rounding.
November 2003
109
Survey of Current Business
Earnings growth by industry
Nationally, earnings grew in every industry except du
rable-goods manufacturing and leisure and hospitality
(table C). Financial activities accounted for 0.28
percentage point of the 0.8-percent growth in earn
ings, and they contributed the most to earnings growth
in 24 states (table D). Government accounted for 0.14
percentage point, and natural resources and construc
tion each accounted for 0.10 percentage point. Nat
ural resources, particularly farming, was the largest
Table C. Earnings by Major Industry, by State and Region, 2003:1-2003:11
Percent change
Earnings by
place of
w o rk 1
Earnings by industry
Natural
resources
and mining
DurableConstruction goods man
ufacturing
Nondurablegoods man
ufacturing
Trade
Transporta
tion and
utilities
Information
Financial
activities
Professional
and business
services
Education
and health
services
Leisure and
hospitality
Other
services
Government
United States................
New England
0.8
5.6
1.5
- 0 .3
0.2
0.3
0.1
1.2
3.1
0.3
0.6
-0 .9
0.2
0.8
Connecticut..............
M a in e .........................
Massachusetts........
New Hampshire.......
Rhode Island............
Verm ont.....................
0.5
0.7
0.1
0.1
-1 .4
1.1
-0 .5
1.3
3.6
2.0
1.0
5.7
1.5
0.7
-3 .3
-2 .9
3.9
-2 .6
-0 .6
-0 .8
- 0 .8
1.6
-0 .1
1.5
0.8
-1 .1
-0 .2
2.0
1.7
- 1 .3
0.0
0.2
0.5
-0 .5
0.7
1.7
2.6
1.7
-0.1
0.5
2.2
2.7
0.4
-0 .8
-0 .3
- 0 .8
- 0 .6
2.0
3.1
3.0
2.5
3.1
3.1
3.1
- 1 .3
-0.1
0.1
-1 .5
-1 4 .2
0.5
0.7
1.0
0.6
0.0
0.4
0.9
-0 .8
-0 .5
- 2 .0
-0 .1
-2 .7
1.3
0.7
-0 .2
0.2
-1 .3
1.4
-0 .5
-0 .1
2.1
0.2
1.1
-0 .4
1.4
1.2
0.7
0.9
1.1
1.1
0.8
6.8
8.0
5.8
3.0
2.3
5.0
4.0
1.4
1.4
3.3
4.4
1.0
0.7
0.7
1.0
-0 .4
0.6
0.8
3.4
1.1
-0 .7
0.4
- 0 .5
-0 .1
-3 .8
1.0
0.5
0.7
0.3
0.0
0.3
0.4
2.2
0.5
0.7
0.5
0.6
1.6
0.5
0.2
0.4
0.7
0.6
0.8
- 4 .5
0.6
1.1
0.5
0.8
-4 .2
-0 .3
0.4
0.9
0.6
3.1
3.3
2.5
3.3
3.2
3.0
0.7
0.5
-0 .8
-1 .0
0.7
1.2
0.5
0.5
-0 .2
0.4
1.9
1.2
1.0
1.5
0.5
1.1
0.1
0.3
0.4
0.5
0.7
7.0
6.8
5.7
6.9
7.4
-1 .4
0.7
-0 .2
0.7
-0.1
-0 .5
-0 .1
0.7
0.1
-0 .6
-0 .1
-0 .1
0.5
1.0
0.6
0.1
0.1
-0 .1
0.3
1.3
0.1
0.1
-1 .3
- 1 .0
0.1
-0 .7
0.3
0.9
- 0 .4
0.7
2.4
2.0
5.0
3.3
4.0
-0 .6
0.2
-0 .5
0.2
0.4
0.1
-0 .5
0.6
0.2
0.4
-2 .0
-1 .6
-2 .1
- 1 .2
- 1 .7
-0 .6
- 0 .7
0.0
-1 .1
1.1
0.4
1.3
0.5
0.7
1.1
1.2
0.1
0.7
0.9
1.3
1.4
1.7
15.5
7.8
1.3
5.1
13.6
12.0
13.2
0.4
1.8
3.3
-0.1
- 0 .6
1.1
-2 .4
-1 .7
-1 .2
-1 .1
0.3
-0 .3
-1 .8
-0 .1
0.2
1.5
1.4
1.5
1.0
1.2
0.0
0.1
-0 .2
1.1
0.5
0.3
-0 .4
-0 .4
0.1
2.0
0.3
0.1
0.6
0.8
0.6
1.6
- 7 .2
1.3
- 0 .3
0.7
1.7
1.1
2.0
3.3
2.3
2.2
2.5
3.4
3.2
1.1
-0.1
0.5
2.0
1.0
0.1
0.3
1.5
-0 .5
0.2
1.2
1.4
0.4
1.3
- 1 .4
-0 .9
-1 .6
-3 .6
- 1 .0
- 1 .0
-1.1
0.2
0.8
0.0
2.8
0.9
0.3
2.3
0.9
0.0
0.1
1.5
0.2
0.9
1.6
0.3
0.8
1.3
1.0
0.2
0.5
0.8
1.0
0.2
0.6
1.0
0.2
(2)
1.7
- 0 .3
4.1
5.2
- 3 .2
3.5
1.6
2.6
-1 .2
0.4
3.0
- 3 .3
-0 .8
-0 .9
-0 .3
-1 .5
-0 .7
-0 .5
-1 .4
-0 .3
-0 .3
0.8
- 0 .4
0.4
- 1 .3
0.3
-0 .7
- 2 .5
- 0 .5
0.3
0.5
0.4
0.0
0.4
- 0 .5
0.8
0.0
0.0
0.7
-0 .9
0.2
0.6
0.6
0.1
- 0 .3
0.8
0.5
-0 .4
-1 .3
0.9
1.0
-1 .0
0.0
-0 .1
0.4
0.6
0.5
0.5
1.0
-0.1
0.5
2.3
(2)
(2)
-2 .7
-0 .8
-2 .3
0.6
0.4
0.9
-0 .2
0.4
2.4
3.2
3.9
3.3
1.8
2.3
2.9
2.4
2.3
3.1
2.6
3.1
0.7
0.7
0.9
2.1
1.1
-0 .6
2.3
-0 .1
-0 .1
0.8
1.0
0.9
-0 .6
1.0
0.8
0.2
0.8
-0 .4
0.0
1.7
1.2
0.7
0.8
0.2
(2)
6.0
7.2
7.4
7.0
2.0
6.5
6.8
5.2
- 1 .6
5.9
5.1
0.1
-0 .1
0.0
-3 .0
-1 .2
-1 .0
- 0 .5
-1 .0
-3 .2
- 0 .4
- 2 .2
0.6
0.2
0.5
3.3
0.2
-0 .8
0.6
1.3
-0 .5
1.0
-0 .3
-0 .2
0.6
0.9
1.0
1.1
0.7
0.9
0.5
1.7
1.2
1.2
1.8
-0 .3
1.0
1.5
0.7
1.2
- 1 .3
9.3
-0 .1
6.0
2.2
3.2
2.0
2.1
-0 .8
-1 .3
0.5
0.1
0.5
2.7
2.2
0.1
0.6
0.1
1.3
0.2
0.2
1.0
0.4
1.6
- 1 .0
0.3
-0 .4
-0 .6
2.8
2.6
3.9
3.6
0.5
0.6
-0 .6
0.1
1.8
1.9
-0 .2
0.9
-0 .5
0.7
1.1
-0 .2
1.4
-0 .5
1.8
0.0
2.0
1.1
0.3
1.4
0.8
0.9
2.1
1.0
1.3
5.9
1.7
18.2
1.6
6.6
0.5
2.3
- 1 .2
4.1
- 2 .0
- 1 .8
-1 .9
0.2
0.4
- 1 .6
0.1
1.4
2.3
2.0
3.7
0.0
0.2
0.0
0.4
- 0 .5
0.3
1.3
1.8
1.3
-0 .3
1.9
2.0
0.6
(2)
2.0
1.0
1.5
0.7
1.6
0.9
0.9
1.7
0.6
1.1
-0 .5
-1 .3
- 0 .6
-1 .0
-1 .0
0.4
0.4
-0 .8
0.9
(2)
4.4
5.2
2.4
2.9
- 1 .6
-0 .1
0.5
2.9
0.5
1.4
1.0
0.6
1.2
1.2
0.2
2.4
(2)
4.0
1.6
3.3
2.4
-0 .8
2.5
(2)
(2)
-1 .0
-1.1
2.1
-1 .0
0.3
-0 .2
0.7
0.3
2.5
0.1
- 0 .2
25.0
3.6
3.3
4.3
4.0
2.3
3.2
0.7
-0 .1
1.6
1.0
0.9
0.7
4.2
0.9
0.6
2.0
0.4
1.1
0.8
-0 .8
0.0
-0 .6
- 0 .4
- 0 .2
1.1
0.7
-0 .4
0.5
-0 .1
2.8
3.1
3.2
2.4
3.1
3.5
3.9
3.3
-1 .1
0.6
- 0 .3
1.0
0.9
0.1
1.6
0.1
0.6
0.5
0.2
0.7
0.6
1.0
0.9
1.0
- 1 .3
Mideast
Delaw are...................
District of Columbia
M aryland...................
New Jersey...............
New York...................
Pennsylvania............
(2)
(2)
Great Lakes
Illinois.........................
Indiana.......................
Michigan....................
Ohio............................
Wisconsin..................
Plains
Iow a............................
K ansas.......................
Minnesota..................
Missouri.....................
Nebraska...................
North Dakota............
South Dakota............
Southeast
A labam a....................
Arkansas...................
Florida........................
G eo rg ia.....................
Kentucky....................
Louisiana...................
Mississippi.................
North Carolina.........
South C arolina........
Tennessee.................
Virginia.......................
West Virginia............
Southwest
Arizona......................
New Mexico..............
O klahom a..................
Texas..........................
Rocky Mountain
Colorado....................
Idaho..........................
M ontana....................
Utah............................
W yom ing...................
f)
Far West
A laska........................
California...................
Hawaii.........................
N evada.......................
O regon.......................
W ashington..............
5.2
3.2
4.9
2.4
1.5
P)
(2)
0.9
- 0 .5
-4 .6
1.3
-0 .4
-0 .8
- 1 .4
0.4
1.2
0.8
0.2
0.5
-0 .4
0.5
0.1
-0 .8
-0 .5
-0 .1
-1 .1
-0 .7
0.2
0.0
0.4
1.1
- 0 .4
0.4
1.1
0.4
0.3
0.3
0.2
0.5
0.2
0.3
0.1
0.4
-0 .1
0.7
(2)
-0 .4
0.8
-0 .5
-1 .3
0.4
1.0
0.2
0.0
1.8
-0 .6
1.2
BEA regions
New England.................
Mideast...........................
Great Lakes...................
Plains...............................
Southeast.......................
Southwest.......................
Rocky Mountain............
Far W est.........................
0.2
1.0
0.3
0.8
0.9
1.1
1.0
0.8
2.2
4.6
6.8
10.6
(2)
5.0
5.8
(2)
-1 .5
2.7
-0 .2
1.1
2.5
2.2
1.1
1.7
1. Earnings by place of work is the sum of wage and salary disbursements (payrolls), other labor income, and proprietors’ income.
2. Data are suppressed to avoid disclosure of confidential information.
(2)
-0.1
-1.1
(2)
(2)
1.3
-0 .6
(2)
(2)
-0 .8
4.6
(2)
- 1 .7
-2 .0
(2)
-0 .1
-0 .7
-0 .7
0.2
0.3
-0 .5
1.1
0.7
0.4
(2)
(2)
0.3
1.0
0.7
0.7
1.2
1.4
0.5
0.4
110
State Personal Income
contributor to earnings growth in 12 states. Fast
growth in farming was particularly important in the
Plains states— notably in North Dakota, South Dakota,
Nebraska, and Iowa, which were among the 10 fastest
growing states. Earnings growth in government was
November 2003
the largest contributor in eight states and the District
of Columbia.
Earnings in durable-goods manufacturing in 32
states declined. The most pronounced decline was in
Washington, where earnings declined 4.6 percent.
Table D. Contributions to Percent Change in Earnings, by State and Region, 2003:1-2003:11
Percent change
Earnings by
place of
w o rk 1
Earnings by industry
Natural
resources
and mining
DurableNondurableConstruction goods manu goods manu
facturing
facturing
Trade
Transporta
tion and
utilities
Information
Financial
activities
Professional
and
business
services
Education
and health
services
Leisure and
hospitality
Other
services
Government
United States................
New England
0.8
0.10
0.10
-0 .0 2
0.01
0.04
0.01
0.05
0.28
0.05
0.07
-0 .0 4
0.01
0.14
Connecticut.............
Maine.........................
M assachusetts.......
New Hampshire......
Rhode Island...........
Verm ont....................
0.5
0.7
0.1
0.1
-1 .4
1.1
0.00
0.02
0.01
0.01
0.00
0.09
0.07
0.05
-0 .2 0
-0.21
0.21
-0 .1 7
-0 .0 5
-0 .0 5
-0 .0 7
0.19
-0.01
0.17
0.03
-0 .0 7
-0.01
0.08
0.07
-0 .0 5
0.00
0.03
0.06
-0 .0 9
0.07
0.22
0.07
0.06
0.00
0.01
0.07
0.10
0.01
-0 .0 2
-0.01
-0 .0 2
-0 .0 2
0.05
0.51
0.22
0.30
0.26
0.30
0.20
-0 .2 0
-0.01
0.02
-0 .1 9
-1 .9 8
0.05
0.09
0.16
0.08
-0.01
0.06
0.13
-0 .0 3
-0 .0 2
-0 .0 8
-0.01
-0.11
0.07
0.02
-0.01
0.01
-0 .0 4
0.04
-0.01
-0.01
0.39
0.02
0.13
-0 .0 8
0.24
1.2
0.7
0.9
1.1
1.1
0.8
0.06
0.20
0.02
0.01
0.01
0.05
0.22
0.02
0.10
0.17
0.18
0.07
0.03
0.00
0.04
-0 .0 2
0.02
0.07
0.21
0.00
-0 .0 2
0.03
-0.01
-0.01
-0 .4 2
0.02
0.06
0.10
0.03
0.01
0.01
0.00
0.09
0.02
0.02
0.02
0.02
(2)
-0.01
0.02
0.06
0.02
0.50
0.18
0.20
0.36
0.58
0.25
0.30
0.11
0.04
0.08
0.12
0.09
0.09
-0 .3 9
0.07
0.11
0.06
0.13
-0 .1 5
(2)
0.03
0.02
-0 .0 3
-0 .0 4
0.02
0.07
0.02
0.01
-0.01
0.01
0.27
0.51
0.24
0.22
0.08
0.15
0.1
0.3
0.4
0.5
0.7
0.07
0.06
0.03
0.05
0.08
-0 .0 9
0.05
-0.01
0.04
-0.01
-0 .0 4
-0 .0 2
0.13
0.02
-0 .0 8
-0.01
-0.01
0.02
0.05
0.04
0.01
0.01
-0.01
0.03
0.16
0.01
0.00
-0 .0 5
-0 .0 4
0.00
-0 .0 2
0.01
0.02
-0.01
0.02
0.25
0.12
0.29
0.24
0.29
-0 .1 0
0.01
-0 .0 9
0.02
0.04
0.01
-0 .0 6
0.06
0.02
0.05
-0 .0 8
-0 .0 7
-0 .0 7
-0 .0 5
-0 .0 6
-0 .0 2
-0 .0 2
0.00
-0 .0 3
0.03
0.06
0.19
0.07
0.11
0.16
1.2
0.1
0.7
0.9
1.3
1.4
1.7
0.75
0.21
0.02
0.04
0.69
0.93
1.13
0.02
0.11
0.21
-0.01
-0 .0 4
0.07
-0 .1 5
-0 .1 7
-0 .1 2
-0.11
0.02
-0 .0 2
-0 .0 9
-0.01
0.01
0.08
0.07
0.07
0.06
0.03
0.00
0.01
-0 .0 2
0.15
0.06
0.04
-0 .0 5
-0 .0 5
0.01
0.09
0.01
0.01
0.04
0.05
0.02
0.04
-0 .4 5
0.03
-0.01
0.02
0.04
0.02
0.18
0.23
0.23
0.16
0.19
0.20
0.25
0.08
-0.01
0.08
0.28
0.11
0.00
0.02
0.17
-0 .0 5
0.03
0.14
0.15
0.05
0.19
-0 .0 6
-0 .0 4
-0 .0 6
-0 .1 7
-0 .0 3
-0 .0 3
-0 .0 5
0.01
0.02
0.00
0.08
0.03
0.01
0.07
0.15
0.01
0.01
0.24
0.04
0.21
0.31
0.3
0.8
1.3
1.0
0.2
0.5
0.8
1.0
0.2
0.6
1.0
0.2
(2)
0.28
0.09
0.11
0.20
0.11
0.24
0.13
0.05
-0.01
0.05
0.28
0.12
-0 .0 2
0.28
0.32
-0 .1 9
0.24
0.10
0.17
-0 .0 9
0.02
0.19
-0 .2 0
-0 .0 8
-0 .0 9
-0.01
-0 .0 8
-0 .0 8
-0 .0 3
-0 .1 5
-0 .0 2
-0 .0 3
0.08
-0 .0 2
0.03
-0 .0 9
0.02
-0.01
-0 .1 4
-0 .0 3
0.02
0.03
0.03
0.00
0.02
-0 .0 2
0.04
0.00
0.00
0.10
-0.11
0.02
0.06
0.07
0.01
-0 .0 4
0.10
0.05
-0 .0 5
-0 .0 6
0.06
0.04
-0 .0 6
0.00
-0.01
0.02
(2)
-0.11
-0 .0 5
-0 .0 9
0.03
0.01
0.01
0.02
0.06
0.00
0.01
0.04
(2)
0.01
0.02
-0.01
0.01
0.15
0.16
0.37
0.25
0.10
0.14
0.14
0.17
0.14
0.21
0.17
0.14
0.08
0.07
0.15
0.32
0.11
-0 .0 7
0.19
-0.01
-0.01
0.09
0.21
0.08
-0 .0 6
0.11
0.09
0.02
0.09
-0 .0 5
0.00
0.17
0.10
0.10
0.06
0.03
(2)
0.00
-0.01
0.00
-0 .1 2
-0 .0 7
-0 .0 6
-0 .0 2
-0 .0 5
-0 .1 7
-0.01
-0 .1 0
0.02
0.01
0.01
0.09
0.00
-0 .0 2
0.02
0.03
-0.01
0.03
-0.01
0.00
0.13
0.16
0.17
0.19
0.13
0.19
0.11
0.34
0.26
0.17
0.44
-0 .0 7
1.0
1.5
0.7
1.2
-0 .0 3
0.49
-0.01
0.32
0.19
0.21
0.10
0.14
-0 .0 7
-0 .0 5
0.03
0.00
0.01
0.03
0.13
0.00
0.07
0.01
0.15
0.02
0.01
0.04
0.02
0.10
-0 .0 3
0.01
-0.01
-0 .0 2
0.26
0.12
0.23
0.31
0.07
0.08
-0 .0 7
0.01
0.18
0.20
-0 .0 2
0.08
-0 .0 3
0.03
0.04
-0.01
0.04
-0.01
0.05
0.00
0.35
0.33
0.06
0.23
0.8
0.9
2.1
1.0
1.3
0.13
0.12
0.84
0.03
0.95
0.04
0.21
-0 .0 9
0.28
-0 .1 8
-0.11
-0 .1 6
0.01
0.03
-0 .0 3
0.00
0.05
0.05
0.07
0.08
0.00
0.02
0.00
0.05
-0 .0 5
0.01
0.05
0.11
0.07
(2)
-0 .0 2
0.03
0.05
0.02
(2)
0.42
0.28
0.14
0.22
-0 .0 8
0.31
0.13
0.13
0.09
0.12
0.08
0.08
0.22
0.06
0.08
-0 .0 3
-0 .0 6
-0 .0 4
-0 .0 5
-0 .0 6
0.01
0.01
-0 .0 3
0.03
<2)
-0 .0 2
0.10
0.67
0.11
0.35
1.0
0.6
1.2
1.2
0.2
2.4
(2)
0.10
0.04
0.07
0.07
0.04
0.31
0.10
0.21
0.29
-0 .0 5
0.17
(2)
-0.01
(2)
0.03
-0 .0 6
-0 .4 0
(2)
0.02
(2)
0.01
-0.01
-0 .0 2
-0 .1 2
0.05
0.12
0.09
0.03
0.06
-0 .0 8
-0 .0 4
0.10
-0 .0 4
0.01
-0.01
0.02
0.02
0.08
0.00
-0.01
1.92
0.15
0.28
0.26
0.29
0.16
0.22
0.06
-0.01
0.20
0.13
0.12
0.09
0.39
0.08
0.06
0.15
0.05
0.11
0.05
-0 .0 4
0.00
-0.11
-0 .0 2
-0.01
(2)
-0.01
0.02
-0.01
-0 .0 4
0.01
0.31
0.03
0.01
0.28
-0 .1 0
0.25
0.2
1.0
0.3
0.8
0.9
1.1
1.0
0.8
0.01
0.03
0.06
0.28
(2)
0.25
0.20
(2)
-0 .0 9
0.14
-0.01
0.07
0.16
0.15
0.09
0.11
-0 .0 3
0.03
0.01
-0 .0 7
-0 .0 3
-0.01
-0 .0 7
-0 .0 6
0.01
0.00
0.02
0.06
-0 .0 2
0.02
0.03
0.01
0.04
0.03
0.03
0.06
0.03
0.04
0.01
0.05
0.03
0.03
-0 .0 2
0.02
(2)
0.08
(2)
-0 .0 3
0.00
(2)
0.00
-0 .0 4
(2)
-0 .0 2
O
0.25
0.34
0.41
0.24
0.20
0.22
0.28
0.31
0.27
-0 .1 7
0.10
-0 .0 4
0.12
0.13
0.02
0.22
0.02
0.08
0.07
0.02
0.09
0.07
0.09
0.09
0.09
-0 .0 5
(2)
-0 .0 7
-0 .0 8
(2)
-0.01
-0 .0 4
-0 .0 4
0.01
0.01
-0.01
0.03
0.02
0.01
(2)
(2)
0.05
0.16
0.10
0.11
0.22
0.24
0.09
0.06
Mideast
Delaw are..................
District of Columbia
M aryland..................
New Jersey..............
New Y o rk..................
Pennsylvania...........
Great Lakes
Illinois........................
Indiana.......................
Michigan...................
Ohio...........................
Wisconsin.................
Plains
Iow a...........................
Kansas .....................
Minnesota.................
Missouri....................
Nebraska..................
North Dakota...........
South Dakota...........
Southeast
A labam a...................
Arkansas..................
Florida.......................
Georgia.....................
Kentucky...................
Louisiana..................
Mississippi...............
North Carolina........
South Carolina........
Tennessee................
Virginia.....................
West Virginia...........
Southwest
Arizona.....................
New Mexico.............
Oklahom a.................
Texas.........................
Rocky Mountain
Colorado...................
Id ah o .........................
M ontana...................
Utah...........................
Wyoming...................
Far West
Alaska........................
California..................
Hawaii........................
Nevada.....................
O reg o n .....................
Washington..............
BEA regions
New England................
M ideast..........................
Great Lakes..................
Plains..............................
Southeast.....................
Southwest.....................
Rocky Mountain...........
Far W e s t........................
1. Earnings by place of work is the sum of wage and salary disbursements (payrolls), other labor income, and proprietors’ income.
2. Data are suppressed to avoid disclosure of confidential information.
November 2003
Survey of Current Business
Earnings in durable-goods m anufacturing increased in
the other states and the District of Columbia, but in all
these states except New Hampshire and Michigan, its
contribution to total earnings growth was relatively
small. In New Hampshire and Michigan, durablegoods m anufacturing’s contribution to earnings
growth was second only to that of financial activities.
The decline in earnings in leisure and hospitality
was larger than the decline in earnings in durablegoods manufacturing. It was also more widespread;
earnings in this industry declined in 40 states. Virtually
the entire decline was accounted for by the arts, enter
tainment, and recreation industry (NAICS 71); earn
ings in the accommodation and food services
industry (NAICS 72) was unchanged from the first
quarter.
Earnings growth since the 2001 recession
Defining a jobless recovery as a recovery in which the
num ber of jobs is no higher six quarters after the
trough of a recession than at the trough, the two recov
eries since 1990 were jobless recoveries. In the current
recovery, the total num ber of wage and salary jobs in
the Nation was slightly lower in June 2003 than in No
vember 2001, the trough of the recession. In contrast,
Chart 2. Job Growth, 2001 :IV—2003:ll
111
in four of the five recoveries before 1990, the num ber
of jobs in the economy six quarters after the trough
was, on average, almost 5 percent higher than at the
trough.
While the term “jobless recovery” may describe the
current recovery for the Nation as a whole, it has not
been a jobless recovery in all the states. In 20 states, the
num ber of jobs six quarters after the trough of the
2001 recession was higher than at the trough, but the
total num ber of jobs in the Nation was nearly 1 percent
lower (chart 2).
States with faster job growth exhibited faster earn
ings growth. Chart 3 shows the earnings growth in
states, which are grouped in quintiles on the basis of
the growth in the num ber of jobs during the first six
quarters of the recovery. The 10 states with the highest
job growth had substantially higher year-over-year
growth in quarterly earnings than the other states.
Earnings for the states in the top quintile, in terms of
job growth during the recovery, grew an average of 1.4
percent each quarter in the six quarters of the recovery,
compared with an average quarterly growth rate of 0.6
percent for the lowest quintile. In all the quintiles, the
largest contributor to total earnings growth was the ed
ucation and health services sector, primarily health
State Personal Income
112
services. Growth in state and local government and in
financial activities were the next most im portant con
tributors to total earnings growth. Earnings in nondurable-goods manufacturing declined in all five
quintiles, and earnings in durable-goods m anufactur
ing declined in three quintiles, including the highest.
Earnings in the information sector declined in all but
the middle quintile.1
Y ear-to-year tren d s in quarterly state personal
incom e grow th
Quarter-to-quarter changes in state personal income
are subject to large swings, so it is useful to look at the
change in state personal income in the current quarter
November 2003
relative to the change in the same quarter a year ago.
Chart 4 shows the year-to-year growth rates of quar
terly state personal income from the second quarter of
2000 through the second quarter of 2003. States are
grouped into quintiles based on growth rates in the
first and second quarters of 2003.
The higher growth of the top quintile of states in the
second quarter of 2003 compared with a year earlier
was not an isolated occurrence, as indicated by the fact
that this group of states also had higher year-to-year
growth in seven of the eight preceding quarters. In ad
dition, growth of the states in the top quintile acceler
ated in the first two quarters of 2003, whereas growth
slowed in the states in the bottom quintile slowed.
Tables 1 a n d 2 follow .
1. I n a n u p c o m i n g S u rv e y a r t i c l e , r e g i o n a l p a t t e r n s o f e a r n in g s g r o w t h
s in c e t h e 2 0 0 1 r e c e s s io n w i l l b e m o r e f u l l y e x a m i n e d .
Chart 3. Earnings Growth by Job Growth Quintiles
Percent
Chart 4. Change in Personal Income From
the Same Quarter a Year Earlier
Percent
Note. Quintiles are based on job growth tor 2001 :IV-2003:II.
Note. Quintiles are based on growth rates of state personal income for 2003:1-2003:11.
U.S. Bureau of Economic Analysis and Bureau of Labor Statistics
U.S. Bureau of Economic Analysis
November 2003
113
Survey of Current Business
Table 1. Personal Income by State and Region
[Millions of dollars, seasonally adjusted at annual rates]
1999
2001
2000
2002
Percent
c han ge1
2003
Area name
2003:12003:11
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I'
IIP
United States....
7,801,469
7,953,561
8,203,951
8,340,516
8,481,243
8,569,774
8,651,750
8,669,238
8,697,083
8,691,889
8,772,204
8,881,691
8,927,635
8,982,839
9,053,499
9,129,313
0.8
New England.............
463,492
131,512
31,316
218,631
37,407
28,935
15,690
472,228
133,597
31,228
223,830
38,300
29,334
15,939
492,587
137,801
32,059
235,826
40,481
30,101
16,318
499,629
140,406
32,757
238,462
40,773
30,489
16,743
510,551
142,688
33,121
245,457
41,521
30,977
16,788
517,235
144,758
33,529
248,107
42,285
31,396
17,160
523,494
146,423
34,234
250,661
42,913
31,817
17,447
521,469
145,899
34,394
248,883
42,752
31,919
17,622
520,807
145,327
34,585
248,235
42,729
32,245
17,685
519,362
144,542
34,753
247,332
42,722
32,261
17,752
524,249
147,269
35,481
247,765
43,055
32,779
17,900
531,524
148,249
35,858
252,257
43,865
33,202
18,093
532,245
148,840
36,141
251,714
43,847
33,467
18,238
533,241
148,486
36,483
252,127
44,047
33,659
18,439
537,534
150,562
37,040
252,613
44,381
34,391
18,547
539,718
151,432
37,358
253,436
44,519
34,239
18,734
0.4
0.6
0.9
0.3
0.3
-0 .4
1.0
1,465,040
22,795
20,828
168,178
288,208
621,989
343,042
1,478,613
23,229
21,181
170,617
295,035
619,371
349,180
1,533,630
23,706
22,333
176,498
306,809
647,339
356,945
1,567,335
24,231
22,689
179,203
316,979
661,036
363,197
1,589,291
24,672
22,938
182,368
321,275
669,618
368,419
1,621,161
25,209
23,434
185,696
327,824
685,055
373,942
1,631,068
25,256
23,144
188,357
326,632
691,345
376,335
1,628,112
25,609
23,324
189,786
327,969
683,685
377,739
1,632,447
25,850
23,276
190,747
329,812
682,727
380,035
1,631,164
25,780
23,305
191,170
330,559
681,059
379,292
1,644,672
25,929
24,204
194,304
337,578
676,590
386,067
1,662,445
26,090
24,677
196,862
338,845
686,279
389,692
1,668,240
26,175
24,768
198,005
341,099
685,909
392,285
1,674,725
26,143
25,393
199,454
342,035
687,503
394,198
1,683,917
26,870
25,012
200,370
345,441
687,045
399,180
1,700,245
27,146
25,271
201,941
348,914
694,226
402,747
1.0
1.0
1.0
0.8
1.0
1.0
0.9
1,253,889
373,875
154,431
276,777
304,584
144,222
1,276,384
381,355
157,602
280,785
309,656
146,985
1,312,492
392,581
162,336
291,251
316,931
149,392
1,325,439
398,686
164,309
292,004
318,569
151,869
1,339,837
405,376
166,165
293,583
321,035
153,677
1,347,657
410,567
165,361
294,304
322,078
155,348
1,358,650
413,332
168,181
295,843
324,581
156,713
1,360,352
411,904
168,290
296,181
326,608
157,369
1,367,434
414,358
169,060
297,092
328,330
158,594
1,364,979
412,582
168,955
296,806
327,985
158,651
1,373,198
415,157
171,072
295,932
330,130
160,906
1,396,144
420,863
173,169
304,930
334,343
162,839
1,402,919
420,922
174,777
306,682
336,601
163,937
1,409,904
422,491
176,538
307,437
338,255
165,182
1,415,750
423,805
177,028
307,471
340,755
166,691
1,423,915
425,211
178,136
309,740
342,762
168,066
0.6
0.3
0.6
0.7
0.6
0.8
513,281
73,326
69,928
147,261
143,982
45,499
14,756
18,529
525,456
74,855
72,199
150,723
146,660
46,741
15,307
18,971
534,339
76,108
71,753
154,381
150,470
46,642
15,726
19,260
546,218
77,676
73,639
158,125
153,761
47,414
16,097
19,505
553,792
78,421
75,309
160,570
155,682
48,088
16,153
19,569
557,165
78,715
74,825
163,070
156,483
48,252
16,111
19,709
562,952
79,391
76,291
164,055
157,920
49,123
16,304
19,868
565,546
79,654
76,556
164,632
158,745
49,476
16,398
20,086
569,173
80,152
77,327
165,126
159,866
49,887
16,533
20,282
569,280
80,093
77,138
165,325
159,843
50,084
16,452
20,347
576,036
81,814
77,875
167,189
161,919
50,408
16,787
20,043
580,552
82,375
77,967
169,755
162,979
50,774
16,608
20,095
585,711
82,803
78,418
171,656
164,041
51,397
16,931
20,466
589,532
83,577
79,028
171,969
165,471
51,767
17,059
20,660
596,940
84,767
80,167
172,584
166,696
53,312
17,783
21,632
602,634
85,778
80,589
174,027
168,254
54,011
18,016
21,959
1.0
1.2
0.5
0.8
0.9
1.3
1.3
1.5
1,721,818
100,724
56,053
426,687
213,907
91,411
99,022
57,129
200,989
91,509
141,801
204,973
37,611
1,753,053
102,191
57,013
431,669
218,724
93,383
100,586
57,916
206,935
93,051
144,055
209,459
38,070
1,798,309
103,738
57,854
444,157
226,268
96,542
101,827
58,563
212,844
95,124
147,282
215,466
38,644
1,828,832
105,257
58,562
452,177
229,859
97,668
103,306
59,561
216,603
97,267
149,179
220,039
39,354
1,854,115
105,904
59,672
459,035
233,463
98,868
104,252
60,068
219,838
98,213
151,095
224,073
39,634
1,874,225
107,041
59,633
465,884
236,058
99,780
105,135
60,195
221,626
99,036
152,187
227,532
40,118
1,895,842
108,598
60,661
470,309
238,069
100,459
107,373
61,420
223,903
100,603
152,906
230,869
40,671
1,909,663
109,319
61,067
475,131
239,184
100,953
108,618
61,739
224,212
100,513
153,934
233,930
41,063
1,918,954
109,808
61,559
478,106
240,715
101,830
110,287
62,092
224,210
101,332
154,928
232,735
41,353
1,921,712
109,825
61,927
478,882
241,046
101,649
110,991
62,437
224,050
101,158
154,751
233,388
41,608
1,944,902
111,057
62,408
485,611
243,028
103,365
112,155
63,376
227,740
102,912
156,391
234,661
42,198
1,968,792
112,093
63,291
493,048
245,628
104,583
113,505
63,990
228,855
104,156
158,810
238,366
42,467
1,979,094
113,036
63,686
495,859
246,123
105,556
113,982
64,523
229,994
104,718
159,256
239,670
42,689
1,995,385
114,183
64,464
501,588
248,050
106,548
115,257
65,077
230,836
105,420
160,411
240,605
42,944
2,021,336
116,050
65,067
505,471
253,428
107,340
116,001
66,531
234,567
107,166
162,260
244,050
43,406
2,039,369
116,736
65,674
511,032
255,829
107,929
116,821
67,132
237,292
107,759
163,441
246,116
43,608
0.9
0.6
0.9
1.1
0.9
0.5
0.7
0.9
1.2
0.6
0.7
0.8
0.5
777,451
121,062
37,832
77,540
541,017
795,211
123,358
38,396
79,144
554,313
819,754
129,117
38,764
80,479
571,394
833,799
129,404
39,593
82,367
582,434
849,525
131,811
39,945
83,896
593,873
857,947
133,853
40,467
84,982
598,645
871,240
135,545
41,451
85,713
608,532
871,512
136,991
41,979
86,339
606,204
877,630
138,663
42,630
86,925
609,412
878,046
138,125
42,982
87,221
609,717
882,369
140,528
43,677
86,961
611,202
892,577
142,215
44,098
87,622
618,643
896,253
143,274
44,438
88,168
620,373
902,617
144,881
45,193
88,522
624,021
907,344
145,953
45,461
89,177
626,753
917,036
147,364
46,056
89,907
633,709
1.1
1.0
1.3
0.8
1.1
238,957
128,454
28,980
19,239
49,292
12,991
246,228
133,367
29,778
19,925
49,960
13,199
252,336
136,641
30,544
20,249
51,426
13,477
259,527
141,846
31,075
20,593
52,319
13,693
265,102
146,085
31,333
20,967
52,885
13,832
268,181
147,601
31,754
21,166
53,442
14,219
270,900
148,921
32,064
21,523
54,120
14,271
271,833
148,426
32,365
21,740
54,787
14,516
272,434
148,132
32,515
22,015
55,027
14,744
271,806
147,475
32,507
21,799
55,122
14,904
273,963
147,880
33,294
22,270
55,522
14,996
275,997
149,421
33,221
22,490
55,771
15,095
277,739
149,961
33,695
22,862
55,952
15,271
279,810
150,665
34,129
22,979
56,568
15,469
281,091
151,128
34,545
23,127
56,692
15,598
283,849
152,390
34,922
23,499
57,241
15,797
1.0
0.8
1.1
1.6
1.0
1.3
1,367,542
17,537
997,381
32,934
55,377
89,317
174,996
1,406,387
17,974
1,026,338
33,113
56,986
91,234
180,741
1,460,503
18,489
1,069,569
33,642
58,401
93,634
186,768
1,479,739
18,694
1,085,862
34,291
59,989
95,150
185,753
1,519,030
18,942
1,122,375
34,504
60,602
96,589
186,018
1,526,203
19,099
1,124,911
35,099
61,604
96,659
188,832
1,537,604
19,332
1,133,205
35,467
62,527
98,003
189,070
1,540,750
19,673
1,130,001
35,462
63,415
97,966
194,232
1,538,203
19,793
1,128,191
35,805
63,839
98,167
192,407
1,535,539
19,842
1,128,075
35,766
63,020
97,967
190,868
1,552,816
20,091
1,138,401
36,757
64,384
98,842
194,342
1,573,659
20,273
1,152,672
37,244
65,121
100,211
198,138
1,585,435
20,607
1,160,385
37,570
65,891
100,896
200,086
1,597,627
20,898
1,169,530
38,016
66,889
101,974
200,319
1,609,586
20,912
1,177,337
38,720
67,979
102,133
202,505
1,622,547
21,120
1,184,478
39,111
68,751
102,903
206,184
0.8
1.0
0.6
1.0
1.1
0.8
1.8
Connecticut.............
M aine.........................
M assachusetts.......
New Hampshire......
Rhode Islan d...........
Verm ont....................
M ideast.......................
D elaw are..................
District of Columbia
M aryland..................
New Jersey..............
New Y ork..................
Pennsylvania...........
Great Lakes...............
Illinois........................
Indiana......................
M ichigan...................
Ohio...........................
Wisconsin.................
Plains..........................
Iow a...........................
K ansas.....................
Minnesota.................
Missouri....................
N ebraska..................
North D akota...........
South Dakota...........
Southeast...................
Alabama
Arkansas
Florida
Georgia
Kentucky
Louisiana..................
Mississippi...............
North Carolina........
South Carolina........
Tennessee...............
Virginia.....................
West Virginia...........
Southwest..................
A rizona.....................
New Mexico.............
Oklahom a.................
Texas .........................
Rocky Mountain........
Colorado...................
Id ah o .........................
M ontana...................
Utah...........................
Wyoming...................
Far W e st.....................
Alaska........................
California..................
Hawaii........................
N evada.....................
O reg on.....................
Washington..............
p Preliminary.
' Revised.
1. Percent change was calculated from unrounded data.
Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from
the estimate of personal income in the national income and product accounts (NIPAs) because of differences in coverage, in
the methodologies used to prepare the estimates, and in the timing of the availability of source data. In particular, it differs
from the NIPA estimate because, by definition, it omits the earnings of Federal civilian and military personnel stationed
abroad and of U.S. residents employed abroad temporarily by private U.S. firms.
114
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsofdollars,
United States
Line
Item
2001
Alabama
2002
2003
IV
I
II
III
IV
\ r
8,691,889
8,652,036
39,852
8,772,204
8,726,965
45,239
8,881,691
8,851,276
30,415
8,927,635
8,892,120
35,516
8,982,839
8,944,559
38,281
6,230,861
372,088
-1 ,0 8 0
5,857,693
1,628,424
1,205,772
40,668
6,266,753
379,868
-1 ,3 5 2
5,885,533
1,633,896
1,252,775
51,922
6,317,631
382,955
-1 ,3 6 8
5,933,307
1,665,010
1,283,374
66,957
6,353,520
384,677
-1 ,3 7 2
5,967,471
1,661,022
1,299,142
67,177
1,165,104
1,200,853
1,216,417
4,928,156
571,344
731,361
19,277
712,084
4,930,075
585,691
750,987
24,328
726,659
39,852
6,191,009
5,177,854
19,066
53,541
67,275
393,541
812,726
524,678
288,048
321,526
422,593
206,193
276,826
463,487
107,662
572,922
135,042
234,725
79,041
562,718
72,863
199,980
176,129
1,013,155
189,073
80,222
743,860
45,239
6,221,514
5,183,449
19,607
51,850
68,580
397,637
796,991
520,372
276,619
325,531
426,653
202,725
268,612
457,018
110,497
566,534
133,687
246,036
80,257
573,288
74,594
205,169
178,184
1,038,065
196,814
88,526
752,726
2001
2002
2003
II *
IV
I
II
III
IV
lr
II»
9,053,499
9,007,379
46,120
9,129,313
9,078,802
50,511
109,825
108,543
1,282
111,057
110,013
1,045
112,093
111,544
549
113,036
112,349
688
114,183
113,441
743
116,050
114,883
1,168
116,736
115,473
1,263
6,396,258
386,158
-1,38 1
6,008,719
1,654,236
1,319,884
63,800
6,451,837
391,290
-1 ,3 8 2
6,059,165
1,652,749
1,341,585
61,578
6,503,019
393,379
-1 ,3 9 0
6,108,250
1,654,681
1,366,382
65,590
74,793
4,766
928
70,955
19,524
19,346
347
75,274
4,890
1,045
71,429
19,569
20,060
446
75,620
4,938
1,053
71,734
19,914
20,444
563
76,471
4,986
1,047
72,532
19,853
20,651
502
77,344
5,029
1,052
73,368
19,764
21,052
488
78,928
5,135
1,080
74,874
19,727
21,450
474
79,204
5,139
1,093
75,158
19,738
21,840
507
1,231,965
1,256,084
1,280,007
1,300,792
18,999
19,614
19,882
20,149
20,564
20,975
21,333
4,969,358
598,887
749,386
9,371
740,015
4,979,106
612,222
762,192
14,176
748,016
4,994,874
624,760
776,624
16,713
759,911
5,024,162
633,688
793,987
23,946
770,041
5,046,212
639,466
817,341
27,730
789,611
59,121
7,492
8,180
1,102
7,078
59,459
7,720
8,094
868
7,227
60,039
7,894
7,687
370
7,317
60,472
8,095
7,904
506
7,398
60,952
8,289
8,103
560
7,543
61,786
8,466
8,677
979
7,698
61,775
8,505
8,925
1,069
7,856
30,415
6,287,216
5,236,524
19,878
51,552
68,690
397,393
804,435
527,264
277,171
327,465
430,260
205,994
268,026
468,411
113,609
569,811
134,702
245,769
81,938
585,875
75,520
207,717
179,481
1,050,691
198,991
90,015
761,686
35,516
6,318,005
5,252,668
20,516
51,540
69,044
398,878
799,191
521,622
277,569
328,177
434,020
208,107
266,006
465,161
114,319
569,283
134,687
244,962
83,980
598,905
76,042
209,655
180,195
1,065,337
201,877
91,151
772,309
38,281
6,357,977
5,278,694
20,989
52,515
69,089
400,587
794,521
518,871
275,651
325,482
434,915
208,077
267,302
470,453
116,412
572,239
134,499
244,624
86,540
609,952
77,192
211,576
181,731
1,079,283
206,114
90,502
782,667
46,120
6,405,717
5,306,126
21,149
52,323
69,554
402,934
793,961
515,894
278,068
330,604
438,454
208,791
265,932
465,396
116,233
578,471
133,118
246,467
88,324
620,492
77,538
213,251
183,135
1,099,591
212,467
98,546
788,578
50,511
6,452,508
5,343,597
21,192
54,584
71,259
409,178
793,123
514,587
278,537
332,055
439,321
207,438
269,173
479,481
120,387
580,354
133,887
247,056
86,990
626,346
75,006
213,240
183,530
1,108,911
214,932
101,091
792,888
1,282
73,511
58,554
1,045
74,229
58,882
(D)
682
1,102
5,263
12,859
7,610
5,249
3,735
5,772
2,163
1,813
3,520
961
5,374
562
2,197
503
7,119
336
549
75,071
59,563
688
75,784
60,138
(D)
688
1,116
5,206
12,992
7,805
5,187
3,758
5,857
2,185
1,836
3,542
996
5,578
538
2,217
540
7,762
341
(D)
2,429
15,645
3,638
1,394
10,614
743
76,602
60,657
(D)
689
1,149
5,314
13,087
7,887
5,199
3,649
5,926
2,169
1,915
3,785
1,009
5,720
556
2,221
532
7,579
342
1,168
77,761
61,441
(D)
680
1,309
5,426
12,898
7,693
5,205
3,778
6,025
2,203
1,775
3,914
1,029
5,950
604
2,221
548
7,696
340
(D)
2,445
16,320
3,779
1,483
11,057
1,263
77,942
61,516
(D)
717
1,284
5,519
12,764
7,629
5,135
3,803
6,003
2,181
1,785
4,020
1,044
5,994
630
2,210
536
7,658
324
(D)
2,459
16,426
3,813
1,500
11,113
Income by place of residence
1
2
3
Personal income (lines 4 -1 1 ).......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 )...............................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P l u s : Dividends, interest, and ren t4 ...........................
P l u s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
Earnings by industry
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and o th e r6
Mining.........................................................................
Utilities.......................................................................
Construction.............................................................
Manufacturing.........................................................
Durable goods....................................................
Nondurable goods.............................................
Wholesale tra d e .....................................................
Retail trade...............................................................
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance.....................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises...........
Federal, civilian.......................................................
Military.................................................
State and local.......................................
See the footnotes at the end of the table.
(D)
688
1,106
5,258
12,847
7,434
5,413
3,595
5,712
2,158
1,823
3,582
925
5,576
538
2,003
499
7,047
336
(D)
(D)
2,402
14,958
3,439
1,269
10,250
2,424
15,346
3,579
1,371
10,397
(D)
659
1,117
5,187
12,964
7,781
5,183
3,741
5,796
2,180
1,842
3,585
981
5,538
569
2,222
512
7,388
338
(D)
2,429
15,509
3,598
1,379
10,531
(D)
2,456
15,945
3,653
1,379
10,912
115
Survey of Current Business
November 2003
and Earnings by Industry, 2001:IV-2003:II1
seasonallyadjustedatannual rates]
Alaska
2001
Arkansas
Arizona
2002
2003
2001
2003
2002
2002
2001
2003
Line
IV
I
II
III
IV
I'
Ilf
IV
I
II
III
IV
lf
IIp
IV
I
II
III
IV
lr
II o
19,842
19,831
12
20,091
20,079
11
20,273
20,264
9
20,607
20,596
10
20,898
20,887
11
20,912
20,897
15
21,120
21,104
16
138,125
137,396
729
140,528
139,163
1,365
142,215
141,558
656
143,274
142,453
821
144,881
143,895
986
145,953
144,956
997
147,364
146,386
978
61,927
60,828
1,099
62,408
61,412
996
63,291
62,412
879
63,686
62,773
913
64,464
63,499
966
65,067
63,653
1,414
65,674
64,157
1,517
1
2
3
15,120
789
-9 5 0
13,381
3,259
3,203
115
15,432
819
-1 ,1 5 6
13,456
3,264
3,371
192
15,555
823
-1 ,1 6 5
13,567
3,302
3,403
185
15,890
841
-1 ,1 8 9
13,860
3,300
3,446
189
16,174
854
-1 ,2 1 0
14,111
3,298
3,490
171
16,112
854
-1 ,2 0 3
14,055
3,296
3,561
182
16,270
861
-1 ,2 1 3
14,196
3,305
3,619
187
97,122
6,008
439
91,553
26,777
19,795
415
98,543
6,140
586
92,989
26,875
20,663
559
99,360
6,228
585
93,717
27,466
21,032
612
100,277
6,276
593
94,594
27,372
21,309
574
101,631
6,338
603
95,896
27,221
21,764
540
102,267
6,411
615
96,471
27,181
22,301
593
103,325
6,468
617
97,474
27,193
22,697
567
42,125
2,752
-3 3 4
39,039
11,075
11,813
359
42,351
2,814
-4 8 5
39,052
11,102
12,254
429
42,861
2,852
-4 9 8
39,511
11,283
12,497
511
43,167
2,871
-5 0 4
39,792
11,269
12,626
478
43,780
2,904
-5 2 1
40,355
11,246
12,864
467
44,142
2,915
-5 0 5
40,722
11,236
13,109
463
44,493
2,928
-5 0 6
41,059
11,267
13,348
486
4
5
6
7
8
9
10
3,088
3,179
3,218
3,258
3,319
3,379
3,432
19,380
20,105
20,420
20,735
21,224
21,709
22,130
11,454
11,825
11,986
12,147
12,398
12,646
12,861
11
11,454
1,827
1,839
5
1,834
11,631
1,924
1,877
5
1,872
11,684
1,960
1,911
2
1,908
11,906
2,035
1,949
3
1,946
12,088
2,088
1,999
4
1,995
12,001
2,111
2,001
8
1,993
12,085
2,137
2,048
8
2,040
78,738
8,499
9,885
377
9,508
78,937
8,721
10,885
997
9,888
80,047
8,973
10,339
286
10,053
80,470
9,198
10,609
446
10,163
81,215
9,453
10,964
607
10,357
81,553
9,571
11,144
607
10,537
82,208
9,722
11,395
577
10,818
32,762
4,086
5,278
806
4,472
32,843
4,202
5,307
701
4,606
33,272
4,318
5,271
583
4,688
33,412
4,402
5,353
612
4,741
33,782
4,531
5,467
662
4,805
33,658
4,569
5,914
1,102
4,812
33,786
4,610
6,097
1,196
4,901
12
13
14
15
16
12
15,109
10,355
11
15,421
10,483
9
15,546
10,534
10
15,880
10,715
11
16,164
10,996
15
16,097
10,837
16
16,254
10,944
729
96,393
79,784
296
611
834
8,110
10,808
9,336
1,473
5,262
7,919
2,957
2,986
6,544
2,431
7,124
1,177
5,528
856
8,561
1,236
3,963
2,581
16,610
3,142
1,315
12,152
1,365
97,178
80,267
295
586
862
8,544
10,356
8,944
1,412
5,238
7,972
2,950
2,819
6,401
2,509
7,116
1,313
5,682
882
8,789
1,241
4,084
2,628
16,912
3,270
1,452
12,190
656
98,704
81,346
309
595
876
8,354
10,408
9,005
1,403
5,349
8,114
2,975
2,848
6,633
2,593
7,244
1,283
5,739
922
9,040
1,275
4,132
2,658
17,358
3,337
1,475
12,545
821
99,456
81,832
328
573
880
8,406
10,372
8,972
1,400
5,325
8,201
3,033
2,803
6,599
2,605
7,383
1,242
5,764
947
9,254
1,276
4,186
2,655
17,624
3,389
1,503
12,731
986
100,646
82,816
325
580
904
8,516
10,295
8,878
1,417
5,294
8,207
3,103
2,917
6,997
2,729
7,234
1,263
5,773
1,003
9,459
1,288
4,246
2,683
17,830
3,515
1,506
12,809
997
101,270
83,139
325
631
847
8,751
9,987
8,521
1,465
5,336
8,374
3,069
2,831
6,989
2,640
7,237
1,413
5,729
1,031
9,725
1,248
4,284
2,694
18,131
3,583
1,664
12,885
978
102,347
83,858
330
618
878
8,945
9,927
8,455
1,472
5,394
8,392
3,048
2,802
7,132
2,762
7,245
1,437
5,765
1,055
9,890
1,199
4,307
2,732
18,489
3,724
1,716
13,049
1,099
41,026
33,675
372
280
407
2,607
7,675
4,235
3,440
1,985
2,996
2,360
1,268
1,638
512
1,876
1,452
1,053
239
4,306
208
1,188
1,252
7,351
1,296
509
5,546
996
41,355
33,853
377
261
426
2,695
7,618
4,273
3,344
2,008
3,014
2,396
1,272
1,572
523
1,774
1,520
1,098
240
4,366
215
1,217
1,261
7,502
1,343
549
5,610
879
41,981
34,312
380
265
442
2,728
7,678
4,319
3,359
2,032
3,056
2,414
1,299
1,656
533
1,821
1,492
1,112
244
4,456
216
1,220
1,268
7,670
1,358
557
5,755
913
42,254
34,649
396
265
438
2,734
7,669
4,283
3,386
2,057
3,095
2,486
1,276
1,676
544
1,858
1,508
1,128
245
4,544
219
1,239
1,270
7,605
1,375
560
5,670
966
42,814
35,027
401
267
439
2,717
7,653
4,273
3,380
2,059
3,105
2,487
1,293
1,735
565
1,876
1,648
1,137
254
4,643
217
1,248
1,281
7,787
1,404
550
5,834
1,414
42,727
34,752
390
269
449
2,526
7,604
4,227
3,377
2,069
3,120
2,435
1,323
1,676
538
1,941
1,531
1,134
255
4,725
221
1,265
1,281
7,975
1,453
597
5,925
1,517
42,976
34,928
403
279
467
2,519
7,576
4,189
3,388
2,060
3,130
2,444
1,329
1,725
559
1,954
1,541
1,142
251
4,779
216
1,271
1,284
8,048
1,461
617
5,970
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
129
1,173
519
139
1,194
506
144
1,241
477
144
1,297
484
148
1,373
502
154
1,255
526
158
1,305
501
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
289
980
1,037
456
423
180
796
160
390
79
1,177
168
618
298
1,006
1,046
456
418
186
798
158
405
87
1,203
172
649
294
1,015
1,050
456
424
186
804
158
403
89
1,237
173
656
295
1,039
1,096
457
423
190
807
160
406
90
1,291
175
663
300
1,048
1,081
457
444
196
826
172
402
95
1,332
177
672
296
1,065
1,070
437
480
199
825
82
394
90
1,414
182
710
289
1,053
1,054
440
498
205
834
86
391
91
1,476
180
719
(D)
(D)
(D)
(D)
(D)
(D)
(D)
4,754
1,146
1,042
2,566
4,937
1,198
1,170
2,569
5,012
1,196
1,187
2,629
5,165
1,219
1,206
2,740
5,168
1,249
1,203
2,716
5,260
1,261
1,296
2,703
5,310
1,268
1,329
2,713
116
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millions of dollars,
California
Line
Item
2001
Colorado
2002
2003
2001
2002
2003
IV
I
II
III
IV
\ r
II'
1,128,075
1,121,488
6,587
1,138,401
1,129,969
8,432
1,152,672
1,145,865
6,807
1,160,385
1,152,746
7,639
1,169,530
1,161,795
7,735
1,177,337
1,168,329
9,008
1,184,478
1,174,604
9,873
147,475
146,763
712
147,880
147,198
682
149,421
148,786
635
149,961
149,303
658
150,665
149,979
686
151,128
150,334
794
152,390
151,545
845
824,785
48,083
223
776,924
212,070
139,081
4,350
828,653
48,932
329
780,050
213,170
145,181
6,223
834,180
49,216
337
785,301
218,621
148,750
7,952
838,729
49,407
358
789,680
217,255
153,449
10,813
848,114
49,862
364
798,616
215,050
155,864
10,377
855,137
50,461
367
805,044
214,662
157,631
9,316
859,982
50,581
387
809,789
213,799
160,890
10,117
113,546
6,169
122
107,498
26,577
13,399
480
113,386
6,257
108
107,236
26,699
13,944
642
113,957
6,266
112
107,803
27,276
14,342
873
114,415
6,286
114
108,244
27,230
14,487
852
115,046
6,301
117
108,862
27,133
14,670
777
115,240
6,336
122
109,025
27,134
14,969
820
116,199
6,373
123
109,950
27,196
15,245
874
134,731
138,958
140,798
142,636
145,487
148,316
150,773
12,919
13,302
13,468
13,635
13,893
14,149
14,371
640,782
69,709
114,294
1,367
112,927
638,577
70,972
119,104
3,111
115,993
642,158
72,475
119,547
1,451
118,096
643,080
74,153
121,497
2,206
119,291
648,558
75,949
123,607
2,243
121,364
651,611
76,839
126,687
3,361
123,326
652,561
77,349
130,072
4,072
126,000
87,218
10,496
15,832
331
15,501
86,601
10,746
16,038
284
15,754
86,706
10,935
16,315
234
16,081
86,767
11,177
16,472
252
16,220
86,922
11,415
16,710
275
16,434
86,768
11,507
16,965
372
16,593
87,188
11,582
17,429
411
17,017
6,587
818,198
687,326
4,005
2,152
7,587
51,561
101,893
73,755
28,138
38,200
55,174
22,226
49,653
53,759
16,828
95,569
20,186
34,042
8,618
60,603
13,483
27,877
23,912
130,872
17,377
9,395
104,100
8,432
820,221
687,719
4,233
2,073
7,634
52,837
99,290
72,446
26,843
38,601
56,077
21,991
48,821
53,417
17,187
93,019
19,424
35,459
8,833
62,137
13,607
28,709
24,368
132,502
17,978
10,420
104,104
6,807
827,373
692,257
4,305
1,961
7,784
52,831
98,135
71,241
26,894
38,807
56,738
22,378
48,302
54,780
17,983
92,745
19,740
35,257
9,099
63,654
13,790
29,376
24,592
135,116
18,197
10,653
106,265
7,639
831,091
692,861
4,429
1,966
7,992
52,685
96,629
70,112
26,516
39,038
57,120
22,665
47,693
55,663
18,067
91,689
19,640
35,197
9,234
65,082
13,890
29,496
24,685
138,229
18,589
10,835
108,805
7,735
840,378
700,440
4,489
1,931
7,908
53,623
95,952
69,445
26,507
39,102
57,140
22,723
48,833
56,719
18,439
92,943
19,741
35,496
9,526
66,761
14,367
29,762
24,986
139,938
19,032
10,892
110,014
9,008
846,129
704,873
4,713
1,968
8,523
55,101
96,826
68,958
27,867
39,429
58,146
22,611
48,495
54,589
18,513
94,451
18,846
35,716
9,823
66,928
14,239
30,053
25,905
141,256
19,686
11,942
109,628
9,873
850,109
708,575
4,605
2,033
8,386
55,967
96,930
68,877
28,053
39,573
58,412
22,415
48,647
56,249
19,263
94,361
18,988
35,572
9,735
67,719
13,862
30,063
25,794
141,534
19,990
12,326
109,217
712
112,834
95,409
133
1,691
1,152
9,855
9,799
7,145
2,654
5,816
7,258
3,267
9,644
7,596
2,789
12,348
1,523
4,774
830
8,009
1,773
4,046
3,105
17,425
3,598
1,800
12,027
682
112,704
94,700
140
1,747
1,157
9,713
9,548
7,021
2,527
5,789
7,278
3,249
9,315
7,459
2,837
12,022
1,468
4,941
816
8,140
1,858
4,098
3,124
18,004
3,760
2,004
12,239
635
113,322
95,029
137
1,673
1,158
9,830
9,573
7,027
2,545
5,836
7,323
3,290
9,220
7,367
2,928
11,857
1,526
4,927
821
8,395
1,833
4,166
3,170
18,293
3,743
2,059
12,491
658
113,758
95,150
140
1,679
1,146
9,752
9,466
6,949
2,517
5,799
7,349
3,335
9,138
7,552
2,942
11,777
1,520
4,883
844
8,604
1,860
4,182
3,183
18,608
3,791
2,085
12,731
686
114,360
95,365
140
1,644
1,165
9,558
9,234
6,765
2,469
5,648
7,319
3,346
9,314
7,847
2,994
11,766
1,721
4,806
868
8,775
1,864
4,178
3,177
18,995
3,910
2,064
13,021
794
114,445
95,137
146
1,700
1,115
9,398
9,358
6,807
2,550
5,722
7,362
3,246
8,811
7,775
3,033
11,865
1,700
4,817
899
8,900
1,839
4,289
3,160
19,308
4,054
2,243
13,010
845
115,354
96,068
145
1,805
1,163
9,440
9,237
6,685
2,552
5,747
7,342
3,211
8,788
8,113
3,175
12,134
1,705
4,906
888
9,002
1,826
4,269
3,173
19,286
4,028
2,310
12,948
IV
I
II
III
IV
\'
II"
Income by place of residence
1
2
3
Personal income (lines 4 - 1 1 ).......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 ) ...............................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-44)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and ren t4 ...........................
P l u s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
3b
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings.............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and oth er6
Mining.........................................................................
Utilities.......................................................................
Construction............................................................
Manufacturing.........................................................
Durable goods....................................................
Nondurable goods.............................................
Wholesale tra d e .....................................................
Retail trade...............................................................
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and loca l........................................................
Earnings by industry
See the footnotes at the end of the table.
November 2003
117
Survey of Current Business
and Earnings by Industry, 2001:IV—
2003:ll1—Continued
seasonallyadjustedatannual rates]
Connecticut
2001
Delaware
2002
2003
2001
District of Columbia
2002
2003
2002
2001
Line
2003
II o
IV
I
II
III
IV
\ r
II'
IV
I
II
III
IV
lr
IIp
150,562
150,349
213
151,432
151,226
206
25,780
25,612
167
25,929
25,872
57
26,090
26,033
57
26,175
26,118
57
26,143
26,085
59
26,870
26,714
156
27,146
26,978
168
23,305
23,305
0
24,204
24,204
0
24,677
24,677
0
24,768
24,768
0
25,393
25,393
0
25,012
25,012
0
25,271
25,271
0
1
2
3
101,707
5,975
7,513
103,245
27,739
17,502
1,035
103,890
6,154
7,335
105,072
27,701
17,789
1,077
104,419
6,172
7,406
105,653
27,759
18,021
1,096
20,122
1,222
-1 ,4 3 0
17,470
5,086
3,224
104
20,373
1,270
-1 ,6 3 4
17,469
5,103
3,357
127
20,305
1,261
-1 ,6 1 5
17,430
5,211
3,449
171
20,372
1,265
-1 ,6 1 2
17,495
5,190
3,490
165
20,242
1,253
-1 ,5 7 8
17,412
5,157
3,574
175
21,062
1,310
-1 ,6 8 0
18,072
5,147
3,651
179
21,305
1,323
-1,701
18,281
5,144
3,721
185
49,224
2,561
-3 0 ,8 3 0
15,833
4,553
2,919
97
50,390
2,647
-3 1 ,1 5 0
16,593
4,561
3,051
168
51,382
2,697
-3 1 ,7 2 3
16,963
4,641
3,073
164
51,513
2,700
-3 1 ,7 6 5
17,048
4,627
3,093
157
52,757
2,768
-3 2 ,3 0 9
17,680
4,608
3,105
127
51,752
2,706
-3 1 ,7 6 9
17,277
4,597
3,138
120
52,132
2,724
-3 1 ,9 0 4
17,504
4,603
3,164
111
4
5
6
7
8
9
10
16,221
16,468
16,712
16,925
3,120
3,230
3,277
3,325
3,399
3,472
3,536
2,822
2,883
2,910
2,936
2,977
3,018
3,053
11
80,185
9,003
12,443
12
12,431
80,534
9,211
12,543
16
12,527
79,716
9,295
12,695
19
12,676
81,511
9,519
12,861
65
12,795
81,678
9,563
13,178
54
13,124
16,591
1,926
1,606
127
1,479
16,875
2,006
1,493
15
1,478
16,749
2,036
1,519
14
1,505
16,765
2,074
1,533
14
1,519
16,591
2,097
1,554
15
1,539
17,223
2,171
1,668
112
1,556
17,381
2,201
1,723
122
1,601
39,081
7,240
2,903
0
2,903
39,802
7,637
2,951
0
2,951
40,553
7,825
3,005
0
3,005
40,495
7,977
3,041
0
3,041
41,493
8,174
3,090
0
3,090
40,271
8,356
3,124
0
3,124
40,495
8,463
3,174
0
3,174
12
13
14
15
16
152
101,478
88,029
38
113
1,072
5,201
14,212
10,277
3,934
5,035
6,413
1,869
3,400
14,763
1,668
9,767
2,877
3,393
2,144
10,260
925
2,461
2,420
13,449
1,457
631
11,362
158
102,130
88,586
39
114
1,073
5,112
14,110
10,156
3,954
4,988
6,585
1,865
3,496
14,943
1,667
9,725
3,018
3,430
2,185
10,452
914
2,473
2,397
13,545
1,480
640
11,425
162
101,544
87,794
39
116
1,080
4,969
13,791
10,000
3,791
4,595
6,480
1,832
3,467
14,982
1,709
9,628
3,113
3,325
2,237
10,680
873
2,500
2,376
13,750
1,532
624
11,594
213
103,677
89,882
41
114
1,025
4,900
13,788
9,934
3,854
5,348
6,532
1,864
3,474
15,466
1,674
9,695
3,561
3,413
2,305
10,841
914
2,502
2,426
13,796
1,556
680
11,560
206
104,213
90,431
40
120
1,080
4,974
13,762
9,879
3,883
5,354
6,530
1,885
3,487
15,930
1,737
9,664
3,357
3,438
2,314
10,927
874
2,516
2,443
13,783
1,564
683
11,536
167
19,955
17,211
57
20,316
17,505
57
20,248
17,214
57
20,315
17,399
59
20,184
17,013
156
20,906
17,906
168
21,137
18,079
0
49,224
29,788
0
50,390
29,951
0
51,382
30,532
0
51,513
30,860
0
52,757
31,633
0
51,752
29,850
0
52,132
29,964
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
210
1,189
2,054
930
1,124
785
1,272
434
574
2,091
274
2,495
1,969
643
177
1,814
197
524
480
2,744
351
285
2,108
203
1,228
2,324
939
1,386
820
1,302
433
569
2,320
282
2,446
1,672
640
182
1,833
205
538
481
2,811
368
314
2,130
203
1,198
2,286
1,015
1,271
813
1,319
433
580
2,225
276
2,338
1,541
638
182
1,908
214
541
490
3,034
374
323
2,337
285
1,187
2,328
1,003
1,325
839
1,337
437
562
2,251
281
2,333
1,511
625
209
1,923
217
548
497
2,916
387
331
2,198
(D)
(O)
200
1,154
2,272
948
1,325
966
1,357
427
563
3,141
287
2,279
1,106
626
208
2,029
220
542
499
3,000
406
361
2,234
207
1,200
2,324
954
1,370
877
1,358
421
567
3,243
289
2,317
1,120
638
212
2,044
204
526
502
3,058
405
368
2,285
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
659
258
117
141
318
512
686
232
113
119
304
525
711
221
101
120
305
522
757
221
97
125
316
521
804
210
94
116
338
527
822
196
88
108
346
523
833
198
88
109
349
529
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
IV
I
II
III
IV
144,542
144,354
189
147,269
147,105
164
148,249
148,097
152
148,840
148,682
158
148,486
148,324
162
100,655
5,856
6,289
101,089
27,296
16,157
621
101,794
6,024
7,425
103,195
27,372
16,702
800
101,631
5,991
7,560
103,200
27,900
17,149
1,088
102,288
6,032
7,492
103,748
27,837
17,255
1,034
15,536
15,902
16,062
80,094
8,683
11,879
54
11,825
80,636
8,905
12,252
25
12,227
189
100,467
87,402
36
115
1,047
5,217
14,388
10,144
4,244
4,614
6,369
1,805
3,473
14,642
1,580
9,895
3,358
3,353
2,027
9,892
904
2,368
2,320
13,065
1,410
564
11,091
164
101,629
88,458
38
111
995
5,303
14,287
10,242
4,045
5,196
6,485
1,838
3,474
14,600
1,633
9,773
3,298
3,512
2,099
10,063
899
2,446
2,409
13,171
1,452
624
11,095
r
213
1,145
2,315
951
1,364
844
1,335
428
556
2,089
285
2,451
1,265
617
204
1,972
222
553
490
3,171
391
330
2,450
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
1,975
623
10,728
379
1,367
1,530
2,536
346
2,047
642
10,841
266
1,411
1,582
2,572
330
2,113
646
11,009
303
1,427
1,561
2,670
336
1,933
635
11,115
477
1,449
1,597
2,737
324
1,970
650
11,422
321
1,419
1,640
2,754
354
2,073
676
9,788
227
1,389
1,750
2,783
330
2,129
711
9,806
225
1,428
1,511
2,819
316
(D)
(D)
(D)
(D)
(D)
(D)
(D)
3,155
19,436
16,171
1,264
2,002
3,165
20,439
16,921
1,406
2,112
3,212
20,851
17,070
1,420
2,361
3,251
20,653
17,241
1,448
1,964
3,297
21,124
17,398
1,445
2,281
3,268
21,902
18,202
1,550
2,150
3,306
22,168
18,485
1,576
2,107
118
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsofdollars,
Florida
Line
Item
2001
Georgia
2002
IV
I
II
478,882
476,827
2,055
485,611
483,188
2,423
493,048
491,289
1,759
298,174
18,717
1,008
280,464
123,118
75,300
1,368
302,066
19,215
1,065
283,916
123,572
78,123
1,859
73,931
2003
III
2001
2002
2003
IV
I'
Ilf
IV
I
II
III
IV
495,859
493,992
1,867
501,588
499,456
2,132
505,471
503,215
2,256
511,032
508,541
2,492
241,046
239,113
1,933
243,028
241,328
1,700
245,628
244,659
969
246,123
244,886
1,237
248,050
246,770
1,280
253,428
251,755
1,673
255,829
253,973
1,856
306,239
19,489
1,068
287,818
125,664
79,566
2,287
308,569
19,633
1,064
290,000
125,574
80,285
1,990
313,267
19,878
1,057
294,445
125,321
81,822
1,954
315,764
20,136
1,069
296,697
125,366
83,408
1,978
319,825
20,356
1,066
300,535
125,702
84,796
2,010
183,888
10,581
-4 9 9
172,809
39,543
28,695
783
184,467
10,804
-321
173,342
39,752
29,934
1,064
185,512
10,884
-3 1 9
174,308
40,712
30,608
1,321
185,824
10,876
-3 0 2
174,646
40,570
30,908
1,204
187,453
10,946
-3 0 9
176,197
40,310
31,543
1,193
192,650
11,311
-3 5 5
180,984
40,292
32,152
1,161
194,489
11,387
-3 6 5
182,736
40,282
32,810
1,263
76,264
77,280
78,294
79,868
81,429
82,785
27,912
28,870
29,287
29,703
30,350
30,991
31,548
240,485
28,282
29,406
789
28,618
242,050
29,227
30,789
1,173
29,616
245,452
30,030
30,757
501
30,257
246,662
30,753
31,154
590
30,563
249,569
31,708
31,990
842
31,148
250,984
32,166
32,615
929
31,685
253,488
32,590
33,747
1,129
32,619
144,400
17,705
21,784
1,559
20,225
144,504
18,204
21,759
1,332
20,428
145,552
18,606
21,354
599
20,755
145,086
18,924
21,814
862
20,952
145,924
19,369
22,161
901
21,259
149,692
19,964
22,994
1,283
21,710
150,560
20,160
23,769
1,455
22,314
2,055
296,119
247,602
1,194
436
2,939
20,607
19,292
13,236
6,055
16,484
25,126
9,421
11,039
19,744
7,500
25,409
4,225
20,983
2,891
31,541
6,246
13,016
9,510
48,517
7,973
4,736
35,809
2,423
299,644
249,897
1,223
390
3,115
20,704
19,246
13,515
5,731
16,594
25,069
9,284
10,718
19,787
7,860
25,153
4,381
22,278
2,887
31,811
6,309
13,481
9,606
49,747
8,331
5,314
36,102
1,759
304,481
253,889
1,230
407
3,101
21,023
19,512
13,640
5,872
16,856
25,389
9,498
10,645
20,162
8,059
25,568
4,682
22,639
2,957
32,343
6,391
13,715
9,713
50,591
8,390
5,387
36,815
1,867
306,703
255,686
1,273
396
3,098
21,010
19,374
13,493
5,880
16,826
25,753
9,609
10,594
20,484
8,257
25,955
4,607
22,034
3,082
33,273
6,402
13,858
9,804
51,017
8,494
5,457
37,065
2,132
311,135
258,584
1,257
407
3,040
21,432
19,261
13,385
5,875
16,815
25,873
9,530
10,922
20,977
8,522
26,194
4,830
21,999
3,164
33,889
6,560
14,034
9,879
52,551
8,875
5,451
38,225
2,256
313,508
259,891
1,261
385
3,056
22,154
19,151
13,275
5,876
16,804
26,023
9,645
10,787
20,832
8,527
26,104
4,469
22,537
3,123
34,541
6,488
14,162
9,839
53,618
9,256
5,882
38,480
2,492
317,333
263,182
1,290
403
3,182
23,053
19,068
13,234
5,834
17,066
26,070
9,653
10,844
21,640
8,874
26,059
4,596
22,921
3,159
34,797
6,341
14,280
9,885
54,151
9,317
5,979
38,855
1,933
181,955
152,339
580
456
2,360
11,268
21,135
9,762
11,373
12,595
12,257
8,741
12,611
10,580
3,372
15,934
5,281
7,455
2,016
13,798
1,427
5,646
4,827
29,616
6,189
3,961
19,466
1,700
182,768
152,114
553
460
2,395
11,295
20,938
9,808
11,130
12,381
12,416
8,560
12,132
10,525
3,455
15,756
5,204
7,752
2,041
14,048
1,583
5,749
4,869
30,654
6,503
4,393
19,757
969
184,543
153,411
558
440
2,414
11,170
20,972
9,860
11,112
12,665
12,492
8,638
12,210
10,703
3,559
15,995
5,042
7,809
2,079
14,412
1,425
5,876
4,951
31,132
6,600
4,450
20,081
1,237
184,587
153,113
581
441
2,312
11,103
20,690
9,618
11,072
12,570
12,526
8,593
12,106
10,734
3,571
15,829
5,018
7,846
2,167
14,793
1,409
5,860
4,963
31,474
6,639
4,478
20,357
1,280
186,173
154,161
557
442
2,397
11,053
20,680
9,614
11,066
12,484
12,528
8,669
12,260
10,981
3,611
15,935
5,004
7,794
2,278
14,974
1,514
5,984
5,019
32,011
6,815
4,446
20,750
1,673
190,977
158,182
585
475
2,553
11,674
21,192
10,145
11,047
12,739
12,847
9,163
12,395
11,077
3,693
16,548
4,541
8,350
2,430
15,318
1,500
6,055
5,047
32,795
6,983
4,843
20,969
1,856
192,633
159,466
586
493
2,645
12,287
20,765
9,992
10,772
12,559
12,807
8,953
12,513
11,323
3,932
16,922
4,630
8,499
2,314
15,471
1,485
6,073
5,211
33,167
7,031
5,020
21,116
\ r
II o
Income by place of residence
1
2
3
Personal income (lines 4 - 1 1 ) .......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 )...............................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P l u s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and ren t4 ...........................
P lu s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and oth er6
Mining........................................................................
Utilities.......................................................................
Construction.............................................................
Manufacturing.........................................................
Durable goods....................................................
Nondurable goods.............................................
Wholesale tra d e .....................................................
Retail trade...............................................................
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and lo ca l........................................................
Earnings by industry
See the footnotes at the end of the table.
119
Survey of Current Business
November 2003
and Earnings by Industry, 2001:IV—
2003:ll1—Continued
seasonallyadjustedat annual rates]
Hawaii
2001
2003
IV
I
II
III
IV
35,766
35,576
190
36,757
36,557
199
37,244
37,045
200
37,570
37,367
203
38,016
37,811
205
25,712
1,444
0
24,268
6,979
4,518
225
26,605
1,519
0
25,086
7,003
4,667
269
26,948
1,534
0
25,414
7,120
4,710
266
27,318
1,555
0
25,763
7,100
4,707
218
4,293
4,398
4,444
19,880
3,045
2,788
-1
2,789
20,490
3,253
2,861
2
2,859
190
25,522
17,736
47
51
204
1,589
633
199
26,405
18,197
48
49
203
1,636
615
(D)
(D)
724
1,875
1,081
866
943
629
1,667
414
1,024
382
2,302
310
2,213
780
7,786
1,922
2,584
3,279
Illinois
Idaho
2002
2001
2002
2003
II
III
IV
lr
II o
34,922
33,727
1,195
412,582
411,579
1,003
415,157
413,859
1,298
420,863
420,450
413
420,922
420,434
488
422,491
421,617
874
423,805
422,745
1,060
425,211
424,047
1,163
1
2
3
24,143
1,417
479
23,205
6,218
5,122
250
24,349
1,424
488
23,414
6,238
5,271
300
298,745
17,219
-1 ,2 0 5
280,320
83,714
48,548
2,418
299,445
17,505
-9 1 0
281,030
84,014
50,113
2,913
302,435
17,697
-9 5 5
283,783
85,462
51,617
3,951
302,286
17,666
-8 9 0
283,729
85,425
51,767
3,635
303,265
17,647
-8 4 0
284,778
85,293
52,420
3,565
304,115
17,785
-8 0 4
285,526
85,321
52,958
3,387
304,274
17,741
-7 4 0
285,793
85,608
53,810
3,616
4
5
6
7
8
9
10
4,759
4,872
4,970
46,130
47,200
47,666
48,132
48,855
49,571
50,194
11
17,197
2,180
4,076
516
3,561
17,313
2,220
4,272
632
3,640
17,457
2,247
4,439
746
3,693
17,528
2,268
4,553
763
3,790
239,026
27,051
32,668
574
32,095
238,009
27,504
33,932
867
33,065
240,564
28,190
33,682
-2 2
33,703
239,556
28,540
34,190
47
34,143
239,141
28,971
35,154
429
34,725
239,274
29,194
35,648
603
35,045
238,454
29,242
36,577
693
35,884
12
13
14
15
16
920
22,534
18,158
310
145
245
2,084
3,061
2,175
886
1,077
1,969
666
373
899
346
1,766
539
791
164
2,123
243
750
607
4,376
871
349
3,156
1,040
22,764
18,405
316
144
232
2,154
3,077
2,189
888
1,066
1,976
670
392
925
355
1,773
563
794
179
2,134
284
757
613
4,360
876
337
3,146
1,166
22,977
18,537
319
154
225
2,155
3,043
2,146
896
1,038
2,035
677
402
943
350
1,862
469
858
184
2,183
252
775
614
4,439
877
361
3,201
1,195
23,154
18,692
319
154
232
2,206
3,015
2,106
909
1,040
2,039
683
409
988
372
1,905
477
838
179
2,208
238
775
616
4,462
890
371
3,201
1,003
297,743
256,776
246
1,574
2,735
18,854
40,499
25,143
15,357
19,250
17,528
11,868
10,700
26,981
5,204
33,635
7,342
11,639
4,028
25,045
2,949
8,057
8,645
40,967
6,156
2,070
32,741
1,298
298,147
256,424
251
1,515
2,824
18,874
40,276
24,951
15,325
19,056
17,753
11,518
10,427
26,592
5,208
33,403
7,260
11,891
4,043
25,288
3,324
8,124
8,794
41,723
6,356
2,208
33,159
413
302,023
259,602
251
1,518
2,866
18,792
40,495
25,064
15,430
19,190
17,626
11,803
10,600
27,232
5,864
33,668
7,657
12,045
4,164
25,794
3,041
8,179
8,817
42,421
6,341
2,175
33,904
488
301,798
259,783
260
1,536
2,729
19,284
40,481
25,013
15,468
19,348
17,783
11,958
10,513
27,014
5,434
33,311
7,451
11,902
4,205
26,309
3,088
8,295
8,884
42,015
6,367
2,062
33,585
874
302,391
259,753
263
1,563
2,635
19,456
39,701
24,688
15,013
19,078
17,898
11,898
10,543
27,107
5,455
33,633
7,306
11,757
4,303
26,738
3,097
8,407
8,915
42,638
6,550
1,960
34,128
1,060
303,055
259,742
260
1,547
2,564
19,083
39,773
24,490
15,283
19,278
17,627
11,840
10,375
26,846
5,345
33,534
7,412
12,134
4,422
27,133
3,224
8,407
8,938
43,313
6,734
2,140
34,439
1,163
303,110
259,611
266
1,641
2,683
18,821
39,643
24,375
15,268
19,262
17,671
11,737
10,307
27,565
5,395
33,509
7,454
11,801
4,345
27,236
3,015
8,382
8,880
43,499
6,800
2,132
34,568
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
I
II
III
IV
lr
38,720
38,494
227
39,111
38,877
234
32,507
31,539
968
33,294
31,969
1,325
33,221
32,456
765
33,695
32,774
920
34,129
33,089
1,040
34,545
33,379
1,166
27,795
1,580
0
26,215
7,064
4,737
177
28,471
1,627
0
26,844
7,059
4,817
186
28,801
1,645
0
27,157
7,054
4,900
208
22,779
1,324
418
21,873
6,106
4,528
199
23,304
1,354
469
22,418
6,127
4,749
251
23,022
1,367
476
22,132
6,227
4,863
291
23,454
1,385
478
22,547
6,224
4,923
278
23,805
1,395
479
22,889
6,215
5,024
265
4,490
4,560
4,631
4,692
4,329
4,498
4,572
4,645
20,696
3,324
2,928
1
2,927
20,926
3,420
2,973
1
2,971
21,251
3,524
3,020
2
3,018
21,721
3,674
3,076
17
3,059
21,938
3,718
3,145
19
3,126
16,807
2,008
3,964
588
3,376
16,867
2,077
4,359
928
3,431
17,020
2,119
3,883
366
3,517
200
26,748
18,415
48
50
211
1,736
622
203
27,115
18,759
50
51
212
1,812
616
205
27,590
19,084
51
51
211
1,832
615
227
28,245
19,260
52
55
219
1,839
599
234
28,567
19,580
52
58
227
1,901
618
968
21,812
17,654
278
148
222
2,061
2,955
2,002
953
1,048
1,913
666
400
852
324
1,761
571
715
156
1,994
273
719
598
4,158
808
310
3,039
1,325
21,979
17,685
290
140
355
1,983
2,953
2,064
890
1,014
1,928
658
384
856
329
1,768
542
752
163
2,019
220
734
598
4,294
834
348
3,111
765
22,257
17,960
296
144
235
2,064
3,120
2,240
880
1,035
1,954
663
381
880
340
1,739
543
764
159
2,049
251
739
605
4,296
851
353
3,092
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
743
1,921
1,078
857
946
662
1,707
458
1,106
388
2,362
323
2,401
795
8,333
2,047
2,882
3,405
764
1,947
1,107
859
980
665
1,749
437
1,140
393
2,372
328
2,480
799
8,356
2,092
2,918
3,347
757
2,009
1,117
884
1,003
691
1,775
477
1,168
406
2,397
339
2,494
808
8,506
2,174
2,903
3,429
788
2,031
1,140
874
979
709
1,802
441
1,181
423
2,468
329
2,511
818
8,985
2,246
3,164
3,575
807
2,046
1,161
896
1,017
743
1,837
450
1,194
424
2,485
325
2,515
825
8,988
2,265
3,194
3,529
Line
2003
1
IV
746
1,883
1,060
873
1,123
637
1,692
444
1,060
382
2,297
317
2,347
785
8,208
2,018
2,854
3,336
2002
IV
I I '’
\ '
2001
II"
120
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsofdollars,
Indiana
Line
Item
2001
IV
Iowa
2002
I
II
2003
III
IV
\ '
2001
11*
IV
2002
I
II
2003
III
IV
I'
II
p
Incom e by place o f residence
1
2
3
Personal income (lines 4 - 1 1 ) .......................................
Nonfarm personal incom e.........................................
Farm income (line 1 7 ) ................................................
4
5
6
7
6
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and ren t4 ...........................
P lu s : Transfer paym ents.................................................
State unemployment insurance benefits
.
Transfers excluding State unemployment
insurance benefits.............................................
168,955
168,312
643
171,072
170,452
620
173,169
173,250
-6 0
174,777
174,722
55
176,538
176,284
254
177,028
176,704
325
178,136
177,761
376
80,093
78,794
1,299
81,814
79,405
2,409
82,375
80,471
1,904
82,803
80,679
2,124
83,577
81,237
2,340
84,767
82,201
2,566
85,778
82,783
2,995
117,587
7,366
3,339
113,560
31,170
24,225
741
118,186
7,511
3,984
114,660
31,292
25,121
835
119,196
7,610
4,028
115,614
31,792
25,763
1,128
120,663
7,697
4,014
116,980
31,815
25,981
997
121,914
7,749
4,019
118,184
31,810
26,545
1,019
121,901
7,778
4,066
118,188
31,850
26,990
928
122,229
7,781
4,057
118,504
31,990
27,642
1,114
55,132
3,557
544
52,118
16,522
11,452
371
56,721
3,651
382
53,452
16,568
11,793
408
56,789
3,679
386
53,496
16,806
12,074
555
57,090
3,685
409
53,814
16,814
12,175
524
57,715
3,703
402
54,415
16,814
12,348
492
58,786
3,785
408
55,408
16,821
12,538
477
59,495
3,801
408
56,102
16,894
12,782
545
23,484
24,286
24,635
24,984
25,525
26,062
26,528
11,081
11,386
11,518
11,651
11,856
12,060
12,238
94,978
11,870
10,740
344
10,396
94,952
12,095
11,139
319
10,820
96,189
12,449
10,557
-3 8 4
10,941
97,051
12,800
10,812
-2 5 2
11,065
97,642
13,092
11,180
-5 7
11,237
97,302
13,123
11,476
5
11,471
97,251
13,193
11,784
47
11,737
43,400
5,093
6,638
908
5,730
43,644
5,230
7,847
2,017
5,830
43,974
5,339
7,477
1,510
5,966
43,935
5,428
7,728
1,724
6,003
44,113
5,547
8,054
1,936
6,118
44,775
5,654
8,357
2,150
6,207
44,914
5,696
8,885
2,568
6,318
643
116,944
100,306
115
598
1,526
8,125
29,727
21,959
7,768
5,948
8,152
4,543
2,223
5,650
1,527
5,518
1,736
3,535
1,223
11,694
1,835
3,219
3,412
16,638
2,423
422
13,793
620
117,566
100,743
119
589
1,511
8,401
29,552
22,070
7,482
5,941
8,270
4,497
2,189
5,428
1,562
5,520
1,840
3,682
1,245
11,859
1,836
3,280
3,424
16,823
2,505
438
13,879
-6 0
119,276
102,148
119
596
1,555
8,115
30,479
22,734
7,744
6,031
8,275
4,606
2,199
5,454
1,593
5,565
1,901
3,729
1,269
12,071
1,872
3,282
3,436
17,128
2,550
446
14,132
55
120,608
103,188
122
586
1,536
8,158
30,766
22,964
7,802
6,106
8,344
4,655
2,198
5,661
1,610
5,587
1,806
3,778
1,288
12,313
1,904
3,313
3,453
17,420
2,541
450
14,429
254
121,660
104,049
122
593
1,538
8,165
30,797
23,028
7,769
6,118
8,383
4,718
2,215
5,722
1,645
5,631
2,004
3,781
1,343
12,547
1,921
3,318
3,488
17,611
2,590
434
14,587
325
121,576
103,963
125
598
1,557
8,447
30,411
23,233
7,178
6,011
8,446
4,680
2,226
5,656
1,672
5,733
1,874
3,707
1,321
12,769
1,917
3,331
3,482
17,614
2,719
490
14,405
376
121,853
104,008
126
618
1,633
8,502
30,372
23,204
7,168
6,015
8,452
4,608
2,233
5,785
1,687
5,806
1,882
3,644
1,251
12,772
1,848
3,317
3,458
17,845
2,704
506
14,635
1,299
53,833
44,510
145
132
640
3,587
10,084
6,260
3,824
3,009
4,368
2,004
1,554
4,128
590
2,343
362
1,517
649
5,447
739
1,569
1,644
9,323
1,138
261
7,924
2,409
54,312
44,893
150
131
654
3,615
9,942
6,271
3,671
3,188
4,429
1,994
1,492
4,253
616
2,348
3%
1,560
655
5,462
749
1,602
1,659
9,419
1,190
269
7,959
1,904
54,884
45,420
150
129
665
3,732
10,102
6,367
3,735
3,126
4,434
2,025
1,498
4,252
626
2,374
423
1,564
671
5,618
764
1,605
1,660
9,465
1,199
275
7,990
2,124
54,966
45,585
155
128
697
3,643
10,017
6,301
3,716
3,136
4,468
2,061
1,456
4,327
640
2,391
447
1,571
680
5,716
761
1,612
1,679
9,381
1,217
276
7,888
2,340
55,374
45,851
154
130
689
3,722
9,979
6,260
3,720
3,112
4,438
2,086
1,451
4,355
649
2,418
481
1,571
702
5,823
763
1,638
1,690
9,523
1,244
260
8,019
2,566
56,220
46,493
158
127
673
3,723
9,971
6,221
3,749
3,196
4,557
2,100
1,521
4,594
658
2,468
494
1,554
754
5,854
768
1,650
1,674
9,727
1,292
267
8,168
2,995
56,500
46,682
158
138
681
3,737
9,875
6,119
3,756
3,178
4,583
2,096
1,545
4,675
684
2,483
507
1,575
757
5,950
752
1,632
1,677
9,818
1,302
272
8,243
Derivation of personal incom e
Earnings by place of work
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings
Private earnings
Forestry, fishing, related activities, and oth er6
Mining.........................................................................
Utilities.......................................................................
Construction
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Retail trade..
Transportation and warehousing........................
Information..
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and local........................................................
Earnings by Industry
See the footnotes at the end of the table.
121
Survey of Current Business
November 2003
and Earnings by Industry, 2001:IV—
2003:ll1—Continued
seasonallyadjustedatannual rates]
Kentucky
Kansas
2001
2002
2003
2001
Louisiana
2002
2003
2002
2001
Line
2003
IIP
IV
I
II
III
IV
Ir
II"
IV
I
II
III
IV
lr
II"
80,167
79,340
827
80,589
79,679
911
101,649
100,671
978
103,365
102,325
1,041
104,583
103,910
673
105,556
104,680
875
106,548
105,659
889
107,340
106,659
681
107,929
107,154
775
110,991
110,653
338
112,155
111,675
481
113,505
113,030
475
113,982
113,511
471
115,257
114,770
486
116,001
115,493
508
116,821
116,271
549
1
2
3
54,837
3,487
612
51,963
15,712
11,353
558
55,865
3,546
593
52,912
15,722
11,533
534
55,897
3,534
659
53,023
15,790
11,777
601
70,703
4,334
-1 ,0 3 8
65,331
18,067
18,250
521
71,379
4,433
-6 4 2
66,304
18,127
18,935
622
71,865
4,481
-651
66,733
18,442
19,408
841
72,724
4,520
-6 5 7
67,547
18,422
19,587
767
73,538
4,562
-6 9 7
68,280
18,379
19,890
676
74,029
4,632
-7 1 7
68,680
18,375
20,285
681
74,201
4,631
-7 0 4
68,865
18,423
20,640
698
75,478
4,123
-1 2 7
71,228
18,423
21,340
273
76,071
4,223
-1 9 2
71,657
18,471
22,028
381
76,794
4,252
-1 9 3
72,349
18,757
22,399
498
77,087
4,265
-1 9 2
72,629
18,736
22,617
464
78,087
4,313
-2 0 2
73,572
18,697
22,987
442
78,502
4,356
-2 0 0
73,945
18,687
23,368
434
78,928
4,366
-1 9 8
74,364
18,734
23,723
451
4
5
6
7
8
9
10
10,589
10,795
10,999
11,176
17,730
18,313
18,567
18,820
19,214
19,604
19,943
21,067
21,648
21,901
22,153
22,545
22,934
23,272
11
43,106
5,543
5,596
-2 7 4
5,870
42,894
5,632
5,897
-3 2
5,929
43,096
5,746
5,995
-1 3
6,008
43,518
5,853
6,494
386
6,108
43,328
5,860
6,710
458
6,252
55,958
7,576
7,169
737
6,432
56,104
7,785
7,489
802
6,687
56,695
7,955
7,215
433
6,782
57,052
8,172
7,500
632
6,867
57,536
8,377
7,625
643
6,981
58,000
8,515
7,514
428
7,086
57,939
8,555
7,707
516
7,191
58,722
7,829
8,927
130
8,798
58,862
8,030
9,179
271
8,908
59,259
8,228
9,308
264
9,044
59,294
8,404
9,388
257
9,131
59,914
8,633
9,540
270
9,270
60,084
8,737
9,681
286
9,396
60,160
8,805
9,963
321
9,642
12
13
14
15
16
144
54,101
44,059
126
540
596
3,313
8,783
5,787
2,996
3,104
3,850
2,049
3,000
3,019
664
3,161
686
1,886
394
5,140
286
1,831
1,629
10,042
1,679
1,231
7,132
392
54,032
43,931
130
536
533
3,299
8,653
5,666
2,987
3,099
3,876
2,047
3,066
2,978
668
3,172
653
1,829
397
5,240
287
1,836
1,629
10,101
1,684
1,278
7,139
415
54,422
44,257
128
543
512
3,271
8,704
5,769
2,935
3,082
3,857
2,054
3,107
3,084
688
3,209
673
1,829
397
5,332
291
1,857
1,637
10,165
1,676
1,277
7,212
827
55,039
44,701
131
559
480
3,333
8,552
5,613
2,939
3,026
3,852
2,065
3,520
3,157
690
3,231
680
1,839
414
5,348
287
1,896
1,642
10,338
1,743
1,387
7,208
911
54,987
44,644
132
592
504
3,392
8,529
5,546
2,983
3,026
3,841
2,091
3,267
3,254
720
3,224
701
1,818
408
5,327
273
1,890
1,656
10,343
1,778
1,405
7,160
978
69,725
56,379
255
1,283
470
4,321
12,808
8,460
4,348
3,410
5,112
3,995
1,594
3,118
742
3,653
972
1,887
537
7,465
463
2,374
1,920
13,346
2,148
1,987
9,211
1,041
70,338
56,516
256
1,253
486
4,249
12,710
8,445
4,264
3,493
5,156
3,865
1,501
3,135
758
3,648
989
1,990
549
7,644
481
2,419
1,934
13,823
2,178
2,154
9,490
673
71,192
57,384
254
1,217
462
4,189
13,213
8,882
4,331
3,509
5,171
3,823
1,520
3,170
768
3,684
1,160
1,996
541
7,775
488
2,480
1,963
13,808
2,176
2,162
9,469
875
71,849
57,770
271
1,183
446
4,244
13,129
8,761
4,367
3,527
5,236
3,970
1,537
3,244
788
3,688
996
2,042
555
7,991
492
2,454
1,980
14,078
2,281
2,171
9,626
889
72,649
58,363
272
1,185
454
4,297
13,216
8,835
4,381
3,526
5,291
3,955
1,598
3,346
795
3,708
1,023
2,075
576
8,066
499
2,482
2,001
14,286
2,372
2,154
9,760
681
73,348
58,769
263
1,194
453
4,304
13,211
8,781
4,430
3,603
5,336
4,050
1,525
3,253
795
3,768
1,068
2,047
586
8,313
504
2,488
2,008
14,580
2,345
2,376
9,859
775
73,425
58,746
272
1,241
472
4,166
13,126
8,719
4,407
3,629
5,325
4,030
1,523
3,315
807
3,833
1,089
2,040
577
8,388
443
2,458
2,012
14,679
2,319
2,463
9,897
338
75,140
60,201
376
3,561
795
5,590
8,321
3,632
4,689
3,392
5,297
3,594
1,878
3,096
1,403
4,823
1,236
2,306
936
7,281
1,349
2,652
2,316
14,939
2,231
1,372
11,335
481
75,591
60,451
376
3,420
782
5,550
8,255
3,655
4,600
3,422
5,336
3,592
1,838
3,087
1,399
4,825
1,245
2,541
960
7,419
1,379
2,726
2,301
15,140
2,291
1,508
11,341
475
76,320
60,769
385
3,349
818
5,493
8,257
3,664
4,593
3,442
5,394
3,594
1,855
3,162
1,399
4,861
1,268
2,485
975
7,567
1,394
2,751
2,319
15,551
2,295
1,535
11,721
471
76,616
60,886
392
3,348
809
5,423
8,204
3,614
4,590
3,475
5,419
3,600
1,847
3,147
1,418
4,862
1,268
2,415
1,007
7,738
1,426
2,774
2,313
15,730
2,328
1,553
11,848
486
77,600
61,661
388
3,351
836
5,449
8,352
3,735
4,618
3,457
5,455
3,612
1,927
3,282
1,432
4,850
1,333
2,385
1,041
7,833
1,485
2,780
2,412
15,940
2,407
1,545
11,988
508
77,994
61,817
397
3,371
804
5,469
8,252
3,683
4,569
3,421
5,524
3,660
1,877
3,230
1,447
4,998
1,154
2,475
1,017
8,042
1,495
2,837
2,347
16,177
2,499
1,700
11,978
549
78,379
62,052
401
3,411
836
5,660
8,247
3,663
4,583
3,438
5,558
3,623
1,887
3,301
1,482
5,000
1,161
2,413
996
8,028
1,448
2,833
2,329
16,326
2,508
1,766
12,052
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
IV
I
II
III
IV
77,138
76,558
580
77,875
77,104
771
77,967
77,823
144
78,418
78,026
392
79,028
78,613
415
54,001
3,378
783
51,406
15,421
10,312
293
54,580
3,467
555
51,668
15,470
10,737
413
54,246
3,477
552
51,321
15,709
10,937
481
54,424
3,468
606
51,562
15,716
11,140
551
10,019
10,324
10,456
42,766
5,294
5,941
167
5,774
42,997
5,459
6,124
355
5,770
580
53,420
43,741
122
575
608
3,310
9,010
5,832
3,178
3,011
3,821
2,012
3,101
2,905
642
3,160
684
1,750
383
4,980
278
1,805
1,584
9,679
1,599
1,128
6,952
771
53,809
43,844
126
539
626
3,314
8,783
5,806
2,977
3,050
3,825
2,014
3,229
2,915
655
3,130
653
1,866
390
5,023
283
1,823
1,602
9,965
1,666
1,228
7,071
\ r
122
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[M illions of dollars,
Maine
Line
Item
2001
IV
Maryland
2002
I
II
2003
III
IV
\'
2001
11"
IV
2002
I
II
2003
III
IV
lr
Ilf
Income by place of residence
1
2
3
Personal income (lines 4 - 1 1 ) .......................................
Nonfarm personal income
Farm income (line 17),
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and re n t4 ...........................
P l u s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
34,753
34,639
114
35,481
35,384
98
35,858
35,762
96
36,141
36,042
98
36,483
36,383
100
37,040
36,923
117
37,358
37,235
123
191,170
190,748
422
194,304
193,812
491
196,862
196,569
292
198,005
197,640
365
199,454
199,062
391
200,370
200,042
328
201,941
201,588
354
23,129
1,435
338
22,033
6,706
6,014
128
23,531
1,486
475
22,520
6,729
6,233
159
23,669
1,492
487
22,664
6,845
6,349
193
23,905
1,507
483
22,881
6,842
6,417
179
24,135
1,517
483
23,101
6,834
6,549
185
24,602
1,555
484
23,532
6,835
6,674
184
24,787
1,564
482
23,705
6,860
6,792
193
123,128
7,485
20,457
136,100
35,282
19,787
582
125,549
7,752
20,589
138,386
35,444
20,474
652
126,529
7,807
20,938
139,660
36,227
20,975
884
127,599
7,865
20,981
140,715
36,086
21,204
844
128,753
7,920
21,217
142,050
35,844
21,560
784
129,407
8,009
21,174
142,572
35,812
21,986
797
130,540
8,069
21,291
143,762
35,773
22,407
859
5,886
6,074
6,156
6,238
6,364
6,490
6,599
19,205
19,822
20,091
20,359
20,776
21,189
21,548
18,074
2,437
2,618
23
2,595
18,351
2,543
2,638
4
2,633
18,420
2,586
2,662
2
2,660
18,560
2,647
2,698
3
2,695
18,673
2,717
2,745
3
2,742
18,996
2,775
2,831
18
2,813
19,087
2,817
2,882
20
2,862
99,379
13,048
10,700
280
10,421
100,931
13,630
10,988
345
10,643
101,623
13,911
10,996
145
10,850
102,124
14,296
11,178
216
10,963
102,772
14,607
11,373
241
11,133
103,178
14,730
11,499
173
11,327
103,850
14,891
11,800
194
11,605
114
23,015
18,726
281
25
196
1,566
3,166
1,619
1,548
922
2,120
584
538
1,406
227
1,461
354
684
326
3,165
196
876
633
4,289
914
321
3,054
98
23,433
18,962
289
24
199
1,575
3,081
1,619
1,462
950
2,166
582
550
1,416
241
1,492
369
701
338
3,238
200
909
642
4,472
955
352
3,165
96
23,573
19,065
287
25
205
1,542
3,086
1,606
1,480
959
2,175
590
535
1,425
244
1,493
385
709
344
3,296
199
916
648
4,508
954
351
3,203
98
23,807
19,301
290
25
207
1,556
3,092
1,616
1,475
962
2,206
596
544
1,441
255
1,545
368
707
354
3,372
201
928
651
4,506
966
359
3,181
100
24,035
19,411
301
26
214
1,584
3,072
1,604
1,469
970
2,232
596
529
1,417
263
1,535
372
703
359
3,431
209
939
661
4,624
977
360
3,287
117
24,485
19,808
305
25
198
1,684
3,138
1,586
1,552
1,005
2,259
604
556
1,484
266
1,526
360
695
373
3,492
211
948
679
4,677
1,012
395
3,269
123
24,664
19,891
304
27
207
1,695
3,107
1,573
1,534
999
2,273
609
552
1,530
273
1,529
353
698
370
3,535
209
944
677
4,773
1,045
429
3,300
422
122,707
94,392
80
121
2,010
9,177
8,958
5,323
3,636
5,531
8,390
3,111
4,105
7,589
2,234
15,559
592
4,654
1,953
11,445
1,114
4,017
3,750
28,315
11,890
2,222
14,203
491
125,058
95,645
83
111
1,984
9,312
8,941
5,391
3,549
5,628
8,467
3,114
4,083
7,537
2,303
15,600
583
4,918
1,989
11,878
1,233
4,112
3,769
29,413
12,449
2,451
14,512
292
126,237
96,431
84
107
1,992
9,424
8,820
5,265
3,555
5,665
8,540
3,121
3,984
7,912
2,341
15,765
577
4,877
2,046
12,051
1,160
4,159
3,805
29,806
12,580
2,452
14,774
365
127,234
96,768
87
102
2,004
9,403
8,748
5,254
3,495
5,656
8,632
3,120
3,851
7,948
2,387
15,667
579
4,844
2,081
12,399
1,188
4,224
3,848
30,466
12,845
2,499
15,123
391
128,361
97,488
86
108
1,981
9,385
8,756
5,276
3,480
5,691
8,643
3,099
3,820
8,255
2,453
15,837
578
4,857
2,164
12,541
1,119
4,242
3,873
30,873
12,955
2,484
15,434
328
129,080
98,638
89
108
2,026
9,636
8,653
5,155
3,498
5,682
8,675
3,056
3,932
8,141
2,521
16,084
634
4,847
2,199
12,880
1,256
4,300
3,919
30,441
13,294
2,651
14,496
354
130,186
99,432
89
113
2,161
9,768
8,682
5,207
3,474
5,697
8,732
3,031
3,922
8,332
2,593
16,129
596
4,887
2,129
13,036
1,251
4,346
3,939
30,755
13,432
2,687
14,635
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
W age and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings...................................................................
Nonfarm earnings.............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and o th e r6
Mining.........................................................................
Utilities.......................................................................
Construction.............................................................
Manufacturing.........................................................
Durable goods....................................................
Nondurable goods.............................................
Wholesale tra d e .....................................................
Retail trade...............................................................
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and local........................................................
Earnings by industry
See the footnotes at the end of the table.
November 2003
Survey of Current Business
123
and Earnings by Industry, 2001:IV-2003:II1—Continued
seasonallyadjustedatannual rates]
Massachusetts
2001
Michigan
2002
2001
2003
Minnesota
2002
2003
2001
2002
2003
Line
IV
I
II
III
IV
lr
II p
IV
I
II
III
IV
lf
I I '’
IV
I
II
III
IV
r
11*
247,332
247,228
104
247,765
247,654
111
252,257
252,173
84
251,714
251,613
100
252,127
252,022
106
252,613
252,509
104
253,436
253,321
116
296,806
296,397
408
295,932
295,263
669
304,930
304,629
301
306,682
306,294
388
307,437
306,963
474
307,471
307,114
357
309,740
309,357
382
165,325
164,637
688
167,189
165,913
1,276
169,755
168,591
1,164
171,656
170,487
1,169
171,969
170,732
1,237
172,584
171,639
945
174,027
173,064
963
1
2
3
185,234
10,557
-4 ,6 4 9
170,027
45,390
31,914
1,931
184,487
10,662
-4,80 1
169,025
45,576
33,164
2,375
187,004
10,791
-4,891
171,323
46,590
34,344
3,204
186,074
10,723
-4 ,7 9 3
170,559
46,472
34,683
3,192
186,492
10,714
-4 ,7 8 8
170,989
46,263
34,875
2,840
186,601
10,779
-4 ,6 8 0
171,143
46,225
35,246
2,671
186,855
10,774
-4 ,6 9 4
171,386
46,300
35,750
2,706
211,194
13,003
935
199,126
53,636
44,044
2,002
208,621
12,998
1,158
196,780
53,759
45,393
2,042
215,684
13,467
1,133
203,350
54,545
47,035
3,114
216,934
13,539
1,144
204,538
54,593
47,551
3,061
217,004
13,508
1,157
204,653
54,639
48,145
2,772
216,350
13,547
1,168
203,971
54,640
48,860
2,611
217,206
13,578
1,171
204,800
54,923
50,017
3,006
121,008
7,770
-1 ,1 2 6
112,113
33,810
19,403
834
122,229
7,946
-1 ,1 3 4
113,150
34,004
20,036
890
123,503
8,023
-1 ,1 4 6
114,334
34,703
20,717
1,319
125,351
8,148
-1 ,1 7 0
116,033
34,700
20,923
1,273
125,388
8,124
-1,15 1
116,113
34,629
21,227
1,188
125,796
8,221
-1 ,1 4 2
116,433
34,692
21,459
1,033
126,640
8,265
-1 ,1 4 7
117,229
34,806
21,992
1,230
4
5
6
7
8
9
10
29,983
30,789
31,140
31,491
32,035
32,575
33,044
42,042
43,351
43,921
44,490
45,374
46,250
47,011
18,568
19,146
19,398
19,649
20,039
20,426
20,762
11
151,190
16,040
18,004
-1 0
18,013
149,500
16,240
18,747
-6
18,753
151,282
16,659
19,064
-3 3
19,097
149,959
16,849
19,267
-1 9
19,286
149,742
17,080
19,669
-1 5
19,684
149,552
17,217
19,833
-1 9
19,852
149,356
17,271
20,227
-1 1
20,239
172,170
21,029
17,995
-1 5 6
18,151
168,866
20,948
18,806
74
18,732
174,925
22,055
18,705
-2 9 8
19,003
175,423
22,557
18,954
-2 2 0
19,174
174,901
22,855
19,248
-1 4 0
19,387
174,145
22,861
19,344
-2 7 4
19,618
174,379
23,009
19,817
-2 6 6
20,083
99,692
10,521
10,795
180
10,615
99,909
10,762
11,559
739
10,819
100,858
11,020
11,625
624
11,001
102,183
11,383
11,785
622
11,164
101,810
11,531
12,046
684
11,363
102,280
11,640
11,876
376
11,500
102,736
11,726
12,178
379
11,799
12
13
14
15
16
104
185,130
163,016
234
274
1,213
11,107
23,232
16,995
6,237
9,695
10,413
3,587
8,083
20,535
2,964
24,417
5,215
5,906
5,996
19,042
1,768
5,010
4,323
22,114
3,812
572
17,730
111
184,376
161,859
254
270
1,120
11,583
22,626
16,593
6,033
9,646
10,460
3,518
8,045
19,165
3,041
23,877
5,219
6,048
6,146
19,540
1,794
5,135
4,372
22,518
3,998
633
17,886
84
186,920
164,072
254
272
1,188
11,423
22,643
16,510
6,133
9,684
10,593
3,557
7,885
20,745
3,037
23,781
5,473
6,033
6,224
19,859
1,831
5,186
4,401
22,848
4,050
646
18,152
100
185,974
162,940
273
274
1,205
11,452
21,717
15,738
5,978
9,465
10,663
3,557
7,621
20,721
3,106
23,548
5,102
6,046
6,365
20,275
1,872
5,244
4,436
23,035
4,114
656
18,265
106
186,386
163,466
278
277
1,173
11,701
21,740
15,708
6,031
9,463
10,665
3,551
7,638
20,366
3,051
23,228
5,199
5,918
6,649
20,872
1,864
5,335
4,497
22,920
4,107
643
18,170
104
186,497
162,934
281
286
1,169
11,505
21,883
15,847
6,035
9,877
10,736
3,595
7,651
18,884
3,096
23,723
4,700
5,924
6,547
21,413
1,913
5,291
4,462
23,563
4,224
692
18,646
116
186,739
163,135
279
301
1,212
11,126
21,746
15,721
6,025
9,992
10,729
3,549
7,629
19,361
3,179
23,679
4,741
5,966
6,523
21,594
1,817
5,241
4,472
23,604
4,268
711
18,625
408
210,786
181,335
254
674
2,935
13,311
47,146
38,812
8,334
10,317
14,018
5,704
5,278
9,401
2,553
21,056
6,464
8,499
1,501
19,500
1,994
5,118
5,613
29,451
3,569
454
25,428
669
207,951
178,050
261
590
2,986
13,474
45,100
36,999
8,101
10,343
14,143
5,661
5,206
9,263
2,602
19,901
5,350
8,912
1,542
19,857
2,064
5,240
5,555
29,901
3,630
488
25,784
301
215,383
185,221
261
640
2,943
13,260
48,809
40,679
8,129
10,567
14,201
5,869
5,216
9,497
2,694
20,916
6,505
9,043
1,593
20,217
2,116
5,276
5,598
30,162
3,693
499
25,970
388
216,546
185,633
270
646
2,947
13,165
48,439
40,352
8,087
10,518
14,339
6,008
5,192
9,625
2,741
21,110
6,408
9,137
1,593
20,502
2,131
5,304
5,558
30,913
3,781
502
26,630
474
216,530
185,719
274
649
2,969
12,840
48,408
40,228
8,180
10,481
14,290
5,975
5,263
9,990
2,747
20,742
6,348
9,281
1,683
20,798
2,073
5,342
5,567
30,812
3,867
499
26,446
357
215,993
185,105
276
643
3,288
12,680
47,492
39,030
8,462
10,455
14,387
5,924
5,337
9,872
2,683
20,668
6,466
9,166
1,682
21,098
2,078
5,325
5,586
30,888
3,981
587
26,320
382
216,824
185,776
278
689
3,172
12,654
47,813
39,313
8,500
10,420
14,406
5,922
5,384
10,403
2,784
20,699
6,378
9,035
1,627
21,282
1,953
5,293
5,585
31,048
4,062
613
26,373
688
120,321
103,816
233
390
1,272
7,948
18,139
11,940
6,199
7,906
7,991
4,382
4,009
9,854
1,774
9,589
5,636
3,592
1,246
12,032
1,186
3,016
3,621
16,504
2,167
391
13,946
1,276
120,953
104,134
246
371
1,288
8,024
18,139
12,076
6,063
7,974
7,958
4,202
3,945
9,669
1,843
9,632
5,542
3,697
1,291
12,388
1,161
3,090
3,674
16,819
2,259
401
14,159
1,164
122,339
105,170
245
382
1,321
7,934
18,367
12,211
6,156
7,961
8,149
4,292
3,867
9,798
1,854
9,615
5,473
3,703
1,313
12,771
1,275
3,109
3,741
17,169
2,270
412
14,487
1,169
124,182
106,620
253
402
1,287
8,137
18,392
12,236
6,156
8,307
8,260
4,334
3,799
9,922
1,904
9,682
5,687
3,768
1,324
13,049
1,239
3,112
3,761
17,562
2,318
411
14,833
1,237
124,151
106,418
256
403
1,315
8,250
17,991
11,886
6,104
7,910
8,046
4,370
3,890
10,324
1,964
9,706
5,173
3,749
1,360
13,485
1,266
3,131
3,832
17,733
2,356
385
14,992
945
124,850
107,234
259
412
1,203
8,156
18,478
12,320
6,158
8,522
8,206
4,411
3,345
10,295
1,972
9,803
5,076
3,719
1,406
13,717
1,272
3,182
3,801
17,616
2,378
447
14,790
963
125,677
108,045
260
413
1,249
8,426
18,420
12,179
6,241
8,616
8,300
4,383
3,388
10,520
2,033
9,871
5,107
3,717
1,390
13,768
1,222
3,160
3,801
17,631
2,416
454
14,761
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
124
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsofdollars,
Mississippi
Line
Item
2001
IV
Missouri
2002
I
II
2003
III
IV
lf
2001
II '’
IV
2002
I
II
2003
III
IV
\'
IIP
Income by place of residence
1
2
3
Personal income (lines 4 -1 1 ).......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 )................................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and ren t4 ...........................
P lu s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
62,437
61,574
863
63,376
62,909
467
63,990
63,689
301
64,523
64,164
359
65,077
64,698
379
66,531
65,726
805
67,132
66,254
878
159,843
159,300
542
161,919
161,314
605
162,979
162,903
76
164,041
163,783
259
165,471
165,176
295
166,696
166,315
381
168,254
167,822
432
40,423
2,561
1,627
39,489
9,922
13,025
213
40,665
2,639
1,864
39,890
9,962
13,524
262
40,800
2,652
1,890
40,038
10,147
13,805
349
41,230
2,675
1,887
40,442
10,133
13,948
296
41,497
2,685
1,903
40,715
10,102
14,261
306
42,716
2,754
1,916
41,878
10,103
14,550
296
43,037
2,767
1,923
42,193
10,123
14,816
301
114,068
6,909
-3 ,3 9 4
103,765
31,053
25,025
538
115,432
7,083
-3 ,5 4 4
104,805
31,106
26,008
691
115,415
7,093
-3 ,5 3 6
104,786
31,592
26,601
922
116,468
7,146
-3 ,6 1 7
105,705
31,522
26,815
776
117,420
7,187
-3,65 1
106,583
31,422
27,466
868
118,330
7,282
-3 ,6 5 7
107,392
31,368
27,937
783
119,414
7,340
-3 ,7 5 6
108,319
31,416
28,519
883
12,813
13,261
13,456
13,652
13,954
14,254
14,515
24,487
25,317
25,678
26,039
26,598
27,154
27,636
31,103
4,366
4,955
654
4,301
31,446
4,517
4,703
257
4,445
31,600
4,598
4,602
90
4,512
31,795
4,731
4,704
145
4,559
31,894
4,831
4,772
163
4,609
32,475
4,957
5,283
583
4,701
32,598
4,996
5,443
650
4,793
91,156
11,050
11,863
239
11,624
91,610
11,379
12,443
300
12,143
91,721
11,559
12,134
-2 3 1
12,366
92,184
11,809
12,475
-5 3
12,528
92,648
12,087
12,685
-1 9
12,705
93,199
12,244
12,888
58
12,830
93,852
12,392
13,171
100
13,071
863
39,560
30,385
409
391
418
2,553
6,712
4,206
2,506
1,535
3,244
1,499
785
1,532
385
1,805
574
835
305
3,696
629
1,829
1,249
9,175
1,552
1,181
6,442
467
40,198
30,863
405
374
457
2,723
6,790
4,349
2,441
1,556
3,284
1,511
776
1,528
396
1,771
569
894
311
3,784
499
1,932
1,301
9,335
1,602
1,288
6,445
301
40,499
31,068
405
358
455
2,721
6,724
4,338
2,387
1,582
3,301
1,519
777
1,558
447
1,800
566
898
313
3,865
505
1,975
1,297
9,431
1,610
1,294
6,527
359
40,871
31,210
417
371
472
2,714
6,615
4,243
2,371
1,595
3,335
1,536
761
1,569
424
1,835
573
906
322
3,950
497
2,031
1,286
9,662
1,652
1,308
6,702
379
41,118
31,329
417
364
475
2,665
6,591
4,240
2,351
1,576
3,339
1,542
770
1,588
413
1,914
677
897
332
3,988
501
1,989
1,291
9,789
1,665
1,292
6,831
805
41,911
31,861
420
363
511
2,731
6,671
4,294
2,376
1,589
3,400
1,579
773
1,608
416
1,916
619
924
339
4,106
507
2,048
1,342
10,050
1,690
1,405
6,955
878
42,159
32,061
426
387
532
2,774
6,621
4,232
2,389
1,619
3,400
1,566
791
1,664
419
1,966
657
916
327
4,118
492
2,036
1,350
10,097
1,702
1,429
6,967
542
113,526
95,703
197
359
978
7,813
15,375
9,739
5,636
6,070
7,924
4,451
6,169
6,479
1,565
8,247
5,333
3,344
1,884
10,963
1,590
3,521
3,440
17,823
3,680
1,135
13,008
605
114,827
96,492
206
373
1,288
7,757
15,375
9,788
5,587
6,243
7,964
4,470
6,153
6,506
1,591
8,310
5,131
3,479
1,890
11,092
1,630
3,597
3,439
18,335
3,830
1,246
13,260
76
115,339
96,894
202
320
970
7,822
15,550
9,969
5,581
6,283
8,043
4,597
6,163
6,565
1,594
8,141
4,988
3,474
1,946
11,400
1,733
3,646
3,457
18,445
3,851
1,289
13,305
259
116,209
97,751
213
350
1,116
7,973
15,622
10,102
5,520
6,302
8,149
4,638
6,016
6,584
1,611
8,190
4,937
3,520
1,999
11,624
1,769
3,667
3,471
18,458
3,874
1,278
13,306
295
117,125
98,266
212
363
1,067
7,920
15,523
10,056
5,467
6,241
8,182
4,589
5,990
6,865
1,627
8,321
5,074
3,575
2,048
11,790
1,700
3,691
3,488
18,859
3,974
1,267
13,618
381
117,949
98,775
235
345
909
7,686
15,739
10,146
5,593
6,312
8,221
4,681
6,340
6,897
1,700
8,463
4,743
3,476
1,998
12,034
1,735
3,713
3,547
19,174
4,072
1,375
13,727
432
118,982
99,525
222
357
958
7,678
15,849
10,175
5,674
6,426
8,180
4,639
6,323
7,052
1,736
8,653
4,921
3,439
1,966
12,229
1,542
3,710
3,645
19,457
4,071
1,408
13,978
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and o th er6
Mining.........................................................................
Utilities.......................................................................
Construction.............................................................
Manufacturing.........................................................
Durable goods....................................................
Nondurable goods.............................................
Wholesale trad e.....................................................
Retail trade...............................................................
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and loca l........................................................
Earnings by industry
See the footnotes at the end of the table.
November 2003
Survey of Current Business
125
and Earnings by Industry, 2001:IV—
2003:ll1—Continued
seasonallyadjustedatannual rates]
Montana
2001
Nebraska
2002
2003
IV
I
II
III
IV
21,799
21,700
98
22,270
21,903
367
22,490
22,301
189
22,862
22,583
279
14,086
942
3
13,146
5,077
3,576
87
14,476
965
-1 7
13,494
5,090
3,686
101
14,564
982
-1 8
13,564
5,170
3,755
129
3,489
3,585
10,594
1,461
2,031
-5 7
2,089
98
13,988
10,792
137
401
300
1,081
867
533
334
592
1,289
566
357
635
152
893
53
351
80
1,673
206
686
473
3,195
788
263
2,144
2001
Nevada
2002
2003
2001
2002
2003
Line
\ r
11'
IV
I
II
III
IV
lr
II'
IV
I
II
III
IV
22,979
22,792
187
23,127
22,974
153
23,499
23,210
290
50,084
48,982
1,101
50,408
49,262
1,147
50,774
49,843
930
51,397
50,431
966
51,767
50,740
1,027
53,312
51,665
1,647
54,011
52,114
1,897
63,020
62,919
100
64,384
64,245
139
65,121
65,029
93
65,891
65,773
118
66,889
66,767
122
67,979
67,883
96
68,751
68,649
102
1
2
3
14,942
1,002
-1 9
13,921
5,168
3,773
104
15,013
1,010
-1 9
13,983
5,161
3,835
102
15,102
1,024
-1 9
14,059
5,159
3,908
110
15,413
1,034
-2 0
14,359
5,177
3,963
110
35,552
2,216
-6 4 6
32,690
10,792
6,602
106
35,816
2,276
-8 0 5
32,735
10,836
6,837
122
35,881
2,288
-8 0 9
32,785
11,003
6,986
175
36,435
2,323
-8 2 8
33,284
11,028
7,085
179
36,642
2,326
-8 2 8
33,489
11,049
7,230
175
38,132
2,399
-8 5 5
34,879
11,071
7,362
160
38,622
2,412
-8 6 0
35,349
11,142
7,520
191
46,160
2,514
-8 5 4
42,792
13,300
6,927
436
47,393
2,622
-9 7 5
43,797
13,336
7,251
506
47,671
2,630
-9 7 8
44,063
13,641
7,418
562
48,530
2,678
-1 ,0 0 3
44,849
13,595
7,448
482
49,552
2,729
-1 ,0 2 9
45,794
13,528
7,567
429
50,638
2,808
-1 ,0 6 0
46,770
13,495
7,714
407
51,237
2,836
-1 ,0 7 4
47,326
13,520
7,905
450
4
5
6
7
8
9
10
3,627
3,669
3,733
3,798
3,854
6,496
6,715
6,811
6,906
7,054
7,201
7,329
6,491
6,745
6,856
6,966
7,137
7,307
7,455
11
10,636
1,505
2,335
206
2,130
10,825
1,549
2,190
26
2,164
11,019
1,608
2,316
114
2,201
11,102
1,650
2,260
20
2,240
11,168
1,659
2,275
-1 9
2,294
11,274
1,694
2,444
113
2,331
27,601
3,285
4,666
696
3,970
27,763
3,390
4,663
738
3,925
27,897
3,459
4,526
519
4,006
28,259
3,568
4,609
550
4,059
28,271
3,627
4,744
607
4,137
28,952
3,744
5,437
1,215
4,222
29,088
3,775
5,758
1,452
4,305
36,702
4,349
5,109
40
5,070
37,479
4,569
5,345
75
5,270
37,589
4,645
5,437
29
5,408
38,188
4,812
5,530
53
5,476
38,889
5,002
5,660
56
5,604
39,723
5,141
5,774
29
5,745
40,085
5,221
5,931
33
5,898
12
13
14
15
16
367
14,108
10,852
147
379
298
1,085
830
523
307
597
1,298
572
347
636
153
907
52
363
85
1,715
209
702
476
3,257
816
286
2,154
189
14,375
11,069
148
394
315
1,097
832
530
303
605
1,329
578
364
650
156
922
54
368
86
1,769
211
709
481
3,306
826
291
2,189
279
14,663
11,277
156
388
314
1,138
861
542
319
634
1,358
590
370
642
159
934
53
371
88
1,800
218
718
485
3,387
853
294
2,239
187
14,825
11,408
158
396
313
1,161
840
526
314
627
1,378
584
369
684
163
948
54
373
91
1,840
216
723
492
3,417
896
292
2,229
153
14,949
11,520
160
384
313
1,224
831
520
311
610
1,375
582
375
689
172
957
52
380
94
1,854
235
735
498
3,429
849
319
2,260
290
15,123
11,593
160
375
329
1,209
839
521
318
610
1,374
582
383
704
178
966
52
391
96
1,886
232
732
494
3,530
882
330
2,318
1,101
34,450
28,286
99
179
622
2,414
4,277
2,023
2,254
1,950
2,517
2,230
1,272
2,396
337
2,042
736
1,220
398
3,402
249
962
984
6,165
949
577
4,639
1,147
34,669
28,365
102
173
620
2,445
4,130
2,029
2,101
1,966
2,565
2,232
1,287
2,424
341
2,014
807
1,255
342
3,468
251
953
990
6,305
988
639
4,678
930
34,951
28,537
103
173
639
2,506
4,200
2,062
2,138
2,008
2,548
2,248
1,212
2,401
344
2,052
674
1,247
407
3,556
257
969
995
6,414
994
650
4,770
966
35,469
28,986
106
176
678
2,530
4,214
2,053
2,161
2,014
2,586
2,263
1,231
2,470
350
2,090
770
1,245
399
3,630
258
977
997
6,483
1,010
658
4,815
1,027
35,615
29,081
106
178
660
2,593
4,190
2,012
2,178
1,976
2,582
2,312
1,244
2,528
353
2,081
737
1,253
414
3,635
262
985
993
6,534
1,032
653
4,849
1,647
36,485
29,741
111
183
663
2,650
4,247
2,052
2,195
2,002
2,658
2,244
1,096
2,573
348
2,109
913
1,286
435
3,889
262
1,002
1,071
6,744
1,087
701
4,956
1,897
36,725
29,966
109
198
699
2,635
4,263
2,046
2,217
2,021
2,652
2,224
1,104
2,634
360
2,163
930
1,257
452
3,931
250
1,002
1,081
6,760
1,101
710
4,948
100
46,059
39,140
20
702
337
5,199
2,096
1,471
624
1,860
3,487
1,454
1,080
2,285
1,068
2,944
1,046
2,165
121
3,186
1,204
7,889
997
6,919
1,007
519
5,393
139
47,254
40,078
22
698
442
5,289
2,058
1,477
581
1,868
3,536
1,466
1,067
2,234
1,143
3,024
1,046
2,209
132
3,295
1,264
8,225
1,060
7,176
1,029
584
5,562
93
47,578
40,365
21
681
426
5,459
2,049
1,475
574
1,903
3,582
1,494
1,061
2,312
1,167
3,063
817
2,211
134
3,387
1,285
8,269
1,045
7,213
1,052
606
5,555
118
48,411
41,031
22
667
441
5,550
2,111
1,517
594
1,922
3,610
1,512
1,069
2,356
1,215
3,178
769
2,253
137
3,462
1,284
8,428
1,046
7,380
1,093
624
5,662
122
49,431
41,795
22
686
469
5,706
2,111
1,517
594
1,878
3,673
1,516
1,063
2,430
1,228
3,233
980
2,290
148
3,510
1,310
8,503
1,038
7,635
1,185
629
5,821
96
50,542
42,642
22
648
437
6,014
2,153
1,563
590
1,851
3,734
1,562
1,035
2,497
1,221
3,400
945
2,294
146
3,678
1,331
8,590
1,082
7,901
1,204
691
6,006
102
51,135
43,095
23
680
451
6,159
2,174
1,576
598
1,861
3,770
1,528
1,036
2,606
1,261
3,409
967
2,330
149
3,750
1,304
8,560
1,077
8,040
1,242
713
6,086
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
\ '
II'
126
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsofdollars,
New Hampshire
Line
Item
IV
New Jersey
2002
2001
I
II
2001
2003
III
IV
lr
ll *
2002
2003
IV
I
II
III
IV
\<
II
o
Incom e by place o f residence
1
2
3
Personal income (lines 4 - 1 1 ) .......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 ) ................................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P l u s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and re n t4 ...........................
P lu s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
42,722
42,684
38
43,055
43,012
42
43,865
43,830
35
43,847
43,808
39
44,047
44,006
41
44,381
44,343
38
44,519
44,479
40
330,559
330,316
243
337,578
337,298
280
338,845
338,610
236
341,099
340,840
259
342,035
341,770
265
345,441
345,173
268
348,914
348,637
277
28,296
1,764
3,783
30,316
7,761
4,645
109
28,370
1,798
3,915
30,488
7,778
4,788
132
28,943
1,834
3,943
31,052
7,943
4,870
160
28,948
1,834
3,907
31,021
7,914
4,911
149
29,112
1,839
3,902
31,175
7,873
4,998
154
29,448
1,872
3,873
31,449
7,851
5,081
156
29,487
1,873
3,872
31,486
7,860
5,173
177
224,008
13,856
21,346
231,499
60,672
38,389
2,072
228,546
14,398
22,707
236,854
60,878
39,846
2,490
226,041
14,169
23,450
235,322
62,048
41,475
3,666
227,914
14,287
23,190
236,816
61,973
42,310
4,049
229,177
14,337
23,034
237,873
61,823
42,339
3,377
232,979
14,690
22,478
240,767
61,796
42,878
3,220
235,608
14,827
22,603
243,384
61,990
43,540
3,278
4,535
4,657
4,709
4,762
4,844
4,925
4,996
36,317
37,356
37,809
38,261
38,962
39,658
40,263
22,457
2,372
3,468
-5
3,473
22,432
2,422
3,517
-1
3,518
22,882
2,502
3,560
-9
3,569
22,824
2,545
3,579
-6
3,585
22,868
2,606
3,638
-4
3,642
23,118
2,652
3,677
-8
3,685
23,103
2,669
3,714
-8
3,722
179,520
17,892
26,597
45
26,552
182,920
18,559
27,066
76
26,990
179,971
18,536
27,534
30
27,504
181,032
18,996
27,886
51
27,835
181,545
19,326
28,306
55
28,251
184,670
19,791
28,518
51
28,466
186,215
20,025
29,368
55
29,314
38
28,259
24,987
85
36
267
2,093
4,944
3,698
1,246
1,798
2,848
527
861
1,741
414
2,203
552
878
633
2,894
296
1,080
839
3,272
532
83
2,657
42
28,328
24,959
87
36
264
2,175
4,679
3,543
1,136
1,792
2,922
533
832
1,757
429
2,183
502
890
660
2,958
291
1,111
857
3,369
553
88
2,728
35
28,909
25,474
88
37
303
2,158
4,668
3,554
1,115
1,849
2,941
546
897
1,910
431
2,195
534
920
690
3,030
289
1,121
868
3,435
550
91
2,794
39
28,909
25,429
91
37
289
2,090
4,622
3,500
1,122
1,850
2,988
552
834
1,874
520
2,187
472
903
728
3,095
294
1,133
871
3,480
560
91
2,829
41
29,071
25,415
91
40
269
2,110
4,515
3,423
1,092
1,802
3,023
539
828
1,935
449
2,184
473
902
750
3,186
298
1,147
873
3,656
586
92
2,979
38
29,409
25,761
94
36
290
2,076
4,556
3,451
1,105
1,795
3,072
547
873
1,989
461
2,198
546
893
783
3,225
304
1,148
878
3,648
604
110
2,934
40
29,447
25,759
93
38
283
2,015
4,633
3,506
1,128
1,776
3,066
558
866
2,048
478
2,175
535
872
744
3,262
296
1,153
867
3,687
605
118
2,964
243
223,766
192,503
90
218
2,086
11,914
24,027
10,091
13,936
16,320
15,555
7,945
13,328
20,955
3,794
25,560
5,920
8,719
2,376
19,824
2,265
6,210
5,396
31,262
4,452
813
25,998
280
228,265
196,342
99
194
2,086
12,134
24,546
10,412
14,134
17,283
15,853
7,787
12,983
21,793
3,932
25,648
5,880
9,356
2,405
20,320
2,302
6,363
5,379
31,923
4,628
892
26,403
236
225,805
194,651
95
194
2,037
11,931
23,924
10,225
13,699
16,868
15,993
7,991
12,945
20,925
4,105
25,154
5,899
9,164
2,422
20,861
2,322
6,417
5,404
31,154
4,644
908
25,602
259
227,654
195,214
99
194
2,073
12,138
23,714
10,177
13,536
16,806
16,183
8,001
12,650
20,698
4,165
25,364
5,974
9,230
2,517
21,104
2,354
6,471
5,480
32,440
4,723
900
26,817
265
228,912
197,030
98
201
2,033
12,065
23,387
10,038
13,349
16,658
16,347
8,079
12,548
21,123
4,266
25,810
6,271
9,228
2,552
21,654
2,542
6,525
5,642
31,881
4,831
880
26,171
268
232,711
199,171
105
208
2,050
11,706
24,830
10,286
14,544
17,091
16,485
8,174
12,028
21,132
4,275
25,820
6,338
9,557
2,655
21,936
2,514
6,681
5,584
33,540
4,968
943
27,629
277
235,331
201,279
102
220
2,149
12,092
24,846
10,240
14,606
17,203
16,601
8,123
12,077
21,806
4,451
25,868
6,363
9,670
2,622
22,229
2,537
6,707
5,612
34,053
5,026
965
28,061
Derivation of personal incom e
Earnings by place of w ork
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings.............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and o th er6
Mining.........................................................................
Utilities.......
Construction
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Retail trade
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and loca l........................................................
Earnings by industry
See the footnotes at the end of the table.
127
Survey of Current Business
November 2003
and Earnings by Industry, 2001:IV—
2003:ll1—Continued
seasonallyadjustedat annual rates]
North Carolina
New York
New Mexico
2002
2001
2003
2002
2001
2003
2002
2001
Line
2003
IV
I
II
III
IV
lr
IIP
IV
I
II
III
IV
lr
II"
IV
I
II
III
IV
\ r
42,982
42,261
721
43,677
42,735
943
44,098
43,647
451
44,438
43,824
614
45,193
44,493
700
45,461
44,802
659
46,056
45,288
768
681,059
680,253
806
676,590
675,929
661
686,279
685,685
594
685,909
685,284
625
687,503
686,860
642
687,045
686,379
666
694,226
693,513
713
224,050
221,533
2,517
227,740
225,145
2,595
228,855
227,540
1,315
229,994
228,089
1,905
230,836
228,847
1,988
234,567
232,151
2,416
237,292
234,686
2,606
1
2
3
29,919
1,765
107
28,262
7,531
7,190
136
30,386
1,810
66
28,642
7,549
7,486
165
30,588
1,851
60
28,797
7,658
7,643
205
30,835
1,854
61
29,042
7,637
7,759
206
31,480
1,887
56
29,649
7,604
7,939
206
31,606
1,906
55
29,755
7,595
8,111
199
32,074
1,926
54
30,202
7,592
8,263
195
507,447
30,493
-2 9 ,2 0 9
447,745
124,204
109,110
3,537
501,883
30,533
-3 1 ,7 9 4
439,557
124,532
112,501
4,348
508,163
30,843
-3 2 ,5 4 6
444,774
126,427
115,079
5,804
507,143
30,729
-3 2 ,2 1 6
444,198
126,346
115,364
4,967
507,169
30,623
-3 2 ,0 4 9
444,497
126,165
116,841
4,704
504,161
30,575
-31,311
442,274
126,133
118,637
4,774
509,804
30,821
-3 1 ,5 4 4
447,439
126,519
120,268
4,905
160,827
9,963
-1 ,0 3 8
149,825
40,919
33,306
1,251
163,609
10,304
-1 ,4 6 3
151,842
41,038
34,860
1,602
163,038
10,322
-1 ,4 5 6
151,261
41,913
35,681
1,898
163,959
10,341
-1 ,4 5 0
152,168
41,741
36,085
1,780
164,294
10,328
-1 ,4 4 4
152,522
41,485
36,828
1,712
167,366
10,557
-1 ,4 6 0
155,350
41,390
37,828
1,906
169,084
10,644
-1 ,4 7 9
156,961
41,381
38,949
2,328
4
5
6
7
8
9
10
7,054
7,321
7,437
7,553
7,734
7,912
8,068
105,573
108,152
109,275
110,397
112,137
113,863
115,363
32,056
33,258
33,782
34,305
35,117
35,922
36,621
11
23,408
3,276
3,236
530
2,706
23,509
3,385
3,493
742
2,751
24,037
3,514
3,037
249
2,788
24,019
3,597
3,219
410
2,809
24,420
3,703
3,357
493
2,864
24,496
3,743
3,367
447
2,920
24,735
3,798
3,542
550
2,992
405,085
39,353
63,009
337
62,672
397,683
39,597
64,604
179
64,425
401,643
40,453
66,067
109
65,958
399,176
41,158
66,809
133
66,676
397,537
41,694
67,938
145
67,793
394,054 ■396,856
42,142
41,728
68,379
70,806
155
188
68,224
70,618
129,063
15,612
16,151
1,963
14,188
130,750
16,241
16,617
2,052
14,565
130,946
16,525
15,567
769
14,798
130,868
16,816
16,275
1,352
14,923
130,621
17,151
16,523
1,429
15,094
132,554
17,604
17,209
1,840
15,368
133,517
17,843
17,724
2,015
15,709
12
13
14
15
16
721
29,198
20,640
84
943
260
2,076
1,871
1,440
431
967
2,261
816
831
1,026
384
2,679
268
1,179
231
2,602
241
1,101
817
8,558
1,985
713
5,860
943
29,444
20,634
90
894
254
2,063
1,708
1,311
397
986
2,293
831
808
1,031
378
2,669
272
1,236
231
2,666
244
1,137
843
8,810
2,064
797
5,949
451
30,137
21,090
90
867
262
2,023
1,751
1,357
394
997
2,315
829
822
1,071
585
2,711
267
1,228
236
2,780
251
1,151
854
9,047
2,155
811
6,081
614
30,221
21,058
94
863
262
1,984
1,773
1,370
403
1,011
2,347
834
815
1,066
398
2,758
255
1,216
234
2,886
249
1,163
850
9,162
2,211
830
6,121
700
30,781
21,428
94
893
275
2,042
1,756
1,359
398
1,008
2,359
855
827
1,111
421
2,818
276
1,215
244
2,946
254
1,170
862
9,352
2,185
830
6,337
659
30,947
21,484
99
904
244
2,102
1,668
1,263
405
1,002
2,396
828
824
1,095
381
2,896
210
1,260
235
3,006
259
1,197
880
9,463
2,228
903
6,332
768
31,306
21,740
97
952
253
2,169
1,662
1,246
416
994
2,405
830
827
1,116
400
2,929
218
1,242
239
3,065
261
1,206
876
9,566
2,259
929
6,378
806
506,641
435,781
1,232
533
4,785
21,163
36,635
21,576
15,059
23,899
24,831
11,875
32,972
95,728
10,163
51,208
14,753
15,468
10,716
47,903
7,914
12,079
11,923
70,860
8,933
1,643
60,284
661
501,222
429,184
1,264
498
5,086
21,038
35,491
21,577
13,914
23,421
25,070
11,594
31,810
90,060
10,412
51,023
14,603
16,214
10,690
48,275
7,862
12,519
12,253
72,038
9,346
1,781
60,911
594
507,569
435,594
1,284
507
5,145
21,048
35,774
21,682
14,092
23,683
25,209
11,646
31,472
94,889
10,342
51,468
13,963
16,023
11,027
48,905
8,279
12,657
12,273
71,975
9,507
1,803
60,666
625
506,519
432,589
1,295
515
5,205
21,346
35,725
21,407
14,318
23,578
25,624
11,740
31,528
89,505
10,371
51,057
14,048
15,984
11,375
50,124
8,362
12,804
12,404
73,930
9,613
1,833
62,484
642
506,526
432,435
1,297
528
5,194
21,274
35,803
21,627
14,176
23,511
25,990
11,869
31,946
87,317
10,754
50,898
13,551
15,804
11,703
50,911
8,416
13,018
12,650
74,091
9,758
1,806
62,527
666
503,495
427,709
1,343
530
5,286
21,039
34,877
21,053
13,824
24,251
25,851
11,934
31,919
81,297
10,606
52,172
12,514
16,102
11,781
52,342
8,322
12,904
12,641
75,785
10,090
1,996
63,699
2,517
158,310
128,532
442
278
2,595
161,014
130,232
466
269
1,315
161,723
130,515
467
269
1,905
162,054
131,111
468
266
1,988
162,306
130,394
469
267
2,416
164,951
131,997
475
260
2,606
166,478
132,958
482
275
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
713
509,091
432,910
1,339
546
5,520
21,962
34,939
21,178
13,760
24,328
25,925
11,816
32,207
83,946
10,880
52,554
12,683
16,152
11,692
52,752
8,192
12,862
12,615
76,181
10,114
2,033
64,034
II
”
(D)
(D)
(D)
(D)
(D)
(D)
(D)
11,106
28,840
15,551
13,289
7,874
11,595
5,043
11,043
28,571
15,012
13,559
8,383
11,639
4,918
10,970
28,455
15,007
13,448
8,377
11,675
4,916
10,863
28,482
14,914
13,568
8,471
11,784
4,870
10,630
27,922
14,563
13,359
8,355
11,737
4,823
10,819
27,933
14,415
13,518
8,595
11,721
4,977
11,097
27,946
14,376
13,570
8,619
11,711
4,937
(D)
(D)
(D)
(D)
(D)
(D)
(D)
8,023
2,142
10,158
4,849
5,201
1,724
13,606
1,532
4,692
4,341
29,778
3,737
5,093
20,948
9,061
2,200
10,022
4,796
5,681
1,735
13,737
1,441
4,786
4,390
30,782
3,882
5,738
21,162
8,923
2,249
10,109
4,701
5,646
1,772
14,049
1,531
4,874
4,422
31,209
3,959
5,831
21,419
8,988
2,266
10,077
4,807
5,658
1,795
14,301
1,548
4,931
4,381
30,942
3,996
5,931
21,016
9,080
2,285
10,032
4,771
5,657
1,850
14,465
1,523
4,927
4,350
31,912
4,116
6,011
21,785
9,801
2,281
10,241
4,611
5,691
1,850
14,630
1,506
4,964
4,407
32,954
4,202
6,624
22,128
10,024
2,347
10,135
4,672
5,722
1,886
14,873
1,509
4,932
4,464
33,520
4,226
6,823
22,471
128
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsofdollars,
North Dakota
Line
Item
2001
IV
Ohio
2002
I
II
2003
III
IV
lr
2001
IIp
IV
2002
2003
I
II
III
IV
\ r
11*
Income by place of residence
1
2
3
Personal income (lines 4 -1 1 ) .......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 )...............................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and ren t4 ...........................
P l u s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
16,452
16,244
207
16,787
16,278
509
16,608
16,503
105
16,931
16,691
240
17,059
16,840
219
17,783
17,088
695
18,016
17,216
800
327,985
327,264
722
330,130
329,535
594
334,343
334,285
59
336,601
336,455
146
338,255
337,855
400
340,755
340,210
545
342,762
342,157
605
11,453
767
-4 1 0
10,276
3,498
2,678
41
11,880
791
-5 6 8
10,522
3,508
2,758
42
11,602
797
-5 7 4
10,231
3,559
2,819
69
11,917
810
-5 8 3
10,524
3,560
2,848
64
12,015
817
-5 9 2
10,606
3,559
2,895
58
12,727
839
-6 0 8
11,280
3,560
2,943
54
12,906
843
-611
11,453
3,573
2,991
56
230,947
12,965
-1 ,2 5 8
216,723
61,010
50,253
1,426
231,698
13,220
-1 ,3 7 2
217,105
61,103
51,922
1,813
234,032
13,363
-1 ,3 9 4
219,275
62,010
53,058
2,391
236,320
13,491
-1 ,4 1 8
221,412
61,861
53,328
2,103
237,338
13,499
-1 ,4 0 3
222,436
61,654
54,165
2,075
239,401
13,695
-1 ,4 1 0
224,296
61,539
54,920
1,972
240,488
13,737
-1,42 1
225,331
61,606
55,825
2,132
2,637
2,715
2,750
2,784
2,837
2,889
2,935
48,827
50,109
50,667
51,225
52,090
52,948
53,693
8,928
1,162
1,363
42
1,321
9,020
1,210
1,650
343
1,307
9,096
1,242
1,264
-6 2
1,326
9,222
1,285
1,410
70
1,340
9,289
1,318
1,407
48
1,359
9,466
1,354
1,906
520
1,387
9,507
1,367
2,032
619
1,413
188,023
21,937
20,986
341
20,645
187,811
22,383
21,503
212
21,292
189,809
22,890
21,333
-3 2 6
21,659
191,145
23,488
21,687
-2 4 5
21,931
191,132
23,952
22,254
5
22,249
192,506
24,201
22,694
139
22,555
192,917
24,364
23,207
189
23,018
207
11,245
8,643
57
225
245
748
956
595
360
757
922
443
327
583
87
473
170
280
55
1,515
44
388
368
2,603
524
457
1,623
509
11,371
8,697
62
202
251
729
926
611
315
765
936
450
309
608
89
481
147
293
59
1,579
48
395
367
2,673
543
508
1,622
105
11,497
8,766
61
214
255
723
947
629
317
757
936
450
320
607
93
492
151
296
66
1,578
50
399
370
2,731
558
520
1,653
240
11,678
8,881
65
211
251
717
958
630
328
787
953
459
328
609
94
496
143
297
54
1,633
51
407
369
2,796
567
533
1,696
219
11,796
8,957
68
213
256
721
968
636
332
782
962
460
326
643
95
508
148
295
51
1,633
50
408
368
2,839
573
537
1,729
695
12,031
9,136
66
221
268
746
968
637
331
784
977
474
326
654
95
521
165
289
55
1,685
51
411
380
2,895
583
578
1,735
800
12,106
9,184
67
234
278
754
960
625
335
777
978
469
332
674
100
532
167
277
55
1,692
47
410
381
2,922
588
589
1,745
722
230,225
194,132
184
1,004
1,810
13,499
46,086
32,769
13,318
12,572
16,848
7,004
6,338
12,906
3,094
16,633
6,128
8,104
2,388
23,774
2,508
6,636
6,614
36,093
5,581
1,045
29,467
594
231,103
194,310
191
936
1,882
13,591
45,040
32,337
12,703
12,679
16,889
7,059
6,095
12,804
3,187
16,446
6,493
8,432
2,407
24,284
2,526
6,737
6,633
36,793
5,763
1,124
29,906
59
233,973
197,194
189
950
1,878
13,581
46,118
33,171
12,947
12,763
17,089
7,130
6,161
13,039
3,213
16,634
6,818
8,461
2,457
24,738
2,480
6,793
6,701
36,780
5,794
1,154
29,832
146
236,174
198,833
195
895
1,886
13,772
46,024
32,944
13,080
12,937
17,264
7,169
6,094
13,125
3,264
16,663
7,152
8,565
2,515
25,201
2,536
6,875
6,701
37,341
5,821
1,174
30,346
400
236,938
198,669
196
904
1,899
13,720
45,844
32,820
13,024
12,759
17,222
7,154
6,006
13,346
3,313
16,661
6,571
8,633
2,586
25,639
2,595
6,913
6,707
38,269
5,927
1,133
31,210
545
238,856
200,740
198
937
2,079
13,683
46,246
33,290
12,956
12,760
17,158
7,299
6,103
13,770
3,260
16,988
6,840
8,363
2,623
26,177
2,656
6,889
6,713
38,116
6,026
1,232
30,858
605
239,883
201,496
200
990
1,970
13,774
46,420
33,339
13,081
12,861
17,137
7,317
6,079
14,176
3,420
17,009
6,933
8,299
2,535
26,310
2,562
6,870
6,636
38,387
6,063
1,257
31,068
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings.............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and o th e r6
Mining.........................................................................
Utilities..........
Construction
Manufacturing
Durable goods
Nondurable goods.............................................
Wholesale trade
Retail trade..
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance.....................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and local........................................................
Earnings by industry
See the footnotes at the end of the table.
129
Survey of Current Business
November 2003
and Earnings by Industry, 2001:IV-2003:II1—Continued
seasonallyadjustedatannual rates]
2001
Pennsylvania
Oregon
Oklahoma
2002
2003
2002
2001
2003
2002
2001
Line
2003
IV
I
II
III
IV
\ ’
IIp
IV
I
II
III
IV
\'
II ”
89,907
89,331
576
97,967
97,299
668
98,842
98,093
749
100,211
99,580
631
100,896
100,198
698
101,974
101,260
715
102,133
101,139
994
102,903
101,870
1,033
379,292
378,446
847
386,067
385,495
571
389,692
389,160
533
392,285
391,730
555
394,198
393,629
569
399,180
398,423
756
402,747
401,943
804
1
2
3
60,490
3,711
1,098
57,877
15,461
15,839
421
60,920
3,720
1,103
58,303
15,467
16,138
466
68,568
4,293
-1 ,9 2 3
62,352
20,831
14,784
833
68,889
4,364
-2 ,2 6 9
62,255
20,863
15,724
1,235
69,651
4,412
-2 ,2 9 0
62,950
21,156
16,105
1,381
70,010
4,428
-2,281
63,301
21,119
16,475
1,517
70,840
4,473
-2 ,3 2 4
64,043
21,067
16,864
1,543
70,785
4,474
-2 ,2 8 8
64,022
21,036
17,075
1,394
70,898
4,473
-2 ,2 5 3
64,172
21,074
17,657
1,663
258,785
15,987
2,538
245,335
70,391
63,565
2,671
263,071
16,551
3,044
249,563
70,502
66,001
3,372
263,997
16,558
2,956
250,396
71,568
67,728
4,344
265,951
16,678
2,960
252,233
71,438
68,614
4,475
267,267
16,718
2,954
253,503
71,256
69,439
4,129
271,737
17,100
2,988
257,626
71,140
70,414
3,944
273,974
17,211
3,031
259,794
71,289
71,664
4,185
4
5
6
7
8
9
10
15,126
15,418
15,672
13,952
14,490
14,724
14,958
15,321
15,681
15,994
60,895
62,629
63,384
64,139
65,309
66,470
67,478
11
44,123
6,671
9,202
376
8,825
43,967
6,771
9,340
419
8,921
44,257
6,883
9,350
292
9,058
44,325
6,923
9,672
327
9,344
54,605
6,390
7,573
-5 2
7,625
54,469
6,511
7,908
16
7,892
55,051
6,660
7,940
-1 0 6
8,046
55,118
6,804
8,088
-5 0
8,138
55,640
6,987
8,212
-41
8,253
55,257
7,012
8,516
218
8,298
55,193
7,022
8,682
235
8,448
202,590
22,451
33,743
338
33,405
205,667
23,288
34,115
48
34,067
205,710
23,654
34,633
6
34,627
206,692
24,204
35,054
21
35,033
207,051
24,647
35,570
29
35,541
210,253
25,154
36,330
201
36,129
211,431
25,420
37,123
234
36,889
12
13
14
15
16
610
59,386
46,006
122
2,954
1,098
3,041
7,913
4,273
3,641
2,561
4,524
2,264
1,822
2,453
919
3,222
703
2,334
444
5,638
332
1,871
1,790
13,380
3,130
1,736
8,513
655
59,424
45,941
123
2,952
1,105
3,049
7,796
4,135
3,662
2,552
4,548
2,198
1,851
2,517
904
3,247
675
2,324
441
5,672
337
1,873
1,776
13,483
3,178
1,719
8,586
534
59,956
46,270
125
3,231
1,162
3,050
7,883
4,253
3,630
2,252
4,600
2,216
1,780
2,549
928
3,378
683
2,232
469
5,787
318
1,876
1,751
13,686
3,272
1,869
8,544
576
60,344
46,620
125
3,184
1,220
3,113
7,982
4,272
3,709
2,311
4,632
2,171
1,773
2,664
950
3,351
714
2,189
438
5,805
303
1,915
1,782
13,723
3,302
1,901
8,520
668
67,900
56,140
963
100
643
4,652
10,694
8,521
2,173
4,020
5,166
2,174
2,161
3,477
1,135
4,709
1,742
2,273
605
6,720
599
2,344
1,962
11,761
1,943
270
9,547
749
68,140
56,204
993
102
635
4,739
10,279
8,178
2,101
4,164
5,234
2,196
2,062
3,475
1,134
4,655
1,708
2,414
620
6,839
618
2,385
1,951
11,936
2,024
291
9,621
631
69,020
56,992
1,007
104
666
4,853
10,285
8,162
2,123
4,237
5,284
2,226
2,017
3,528
1,145
4,666
1,743
2,523
633
7,050
635
2,420
1,971
12,028
2,042
295
9,691
698
69,312
57,172
1,076
107
659
4,850
10,139
8,010
2,129
4,268
5,343
2,238
1,988
3,533
1,168
4,669
1,660
2,533
645
7,226
654
2,443
1,973
12,139
2,121
300
9,719
715
70,125
57,827
1,071
107
681
4,821
10,274
8,150
2,124
4,231
5,338
2,238
2,040
3,643
1,194
4,696
1,746
2,527
662
7,368
722
2,479
1,989
12,298
2,191
294
9,813
994
69,791
57,356
1,076
119
645
4,583
10,084
7,922
2,162
4,196
5,282
2,225
2,002
3,826
1,189
4,677
1,737
2,364
676
7,486
667
2,499
2,021
12,435
2,261
329
9,845
1,033
69,865
57,501
1,087
122
677
4,547
10,036
7,881
2,155
4,257
5,240
2,202
1,997
3,899
1,231
4,696
1,786
2,379
645
7,550
686
2,468
1,994
12,364
2,241
340
9,783
847
257,938
224,135
368
1,433
3,127
16,690
39,334
23,173
16,161
12,274
18,336
9,001
9,606
17,361
3,980
24,161
4,128
8,931
6,771
31,242
2,485
7,164
7,742
33,803
7,173
974
25,656
571
262,499
227,831
381
1,465
3,213
17,025
39,640
23,411
16,228
12,679
18,549
9,068
9,446
17,507
4,067
24,347
4,444
9,325
6,911
32,063
2,541
7,317
7,842
34,668
7,486
1,034
26,148
533
263,465
228,259
378
1,414
3,282
16,958
39,278
23,421
15,857
12,662
18,615
9,121
9,477
17,647
4,151
24,460
4,254
9,164
7,026
32,546
2,615
7,376
7,835
35,205
7,627
1,054
26,524
555
265,396
229,788
393
1,408
3,107
17,108
39,283
23,380
15,903
12,744
18,906
9,151
9,328
17,732
4,267
24,462
4,381
9,212
7,198
33,098
2,641
7,444
7,925
35,608
7,668
1,070
26,870
569
266,698
230,654
391
1,382
3,180
17,103
38,782
23,145
15,637
12,767
18,946
9,014
9,310
17,895
4,367
24,544
4,392
9,157
7,504
33,757
2,658
7,518
7,987
36,044
7,819
1,026
27,199
756
270,981
234,193
405
1,399
3,286
17,412
38,383
22,686
15,697
13,113
19,270
9,137
9,523
18,525
4,394
24,777
4,703
9,449
7,808
34,106
2,732
7,560
8,211
36,788
8,096
1,131
27,561
804
273,170
235,966
403
1,480
3,427
17,592
38,555
22,874
15,682
13,123
19,275
9,061
9,581
19,037
4,571
24,823
4,773
9,575
7,768
34,494
2,619
7,566
8,245
37,204
8,262
1,160
27,782
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
IV
I
II
III
IV
lr
87,221
86,502
720
86,961
86,257
704
87,622
87,073
549
88,168
87,558
610
88,522
87,868
655
89,177
88,643
534
60,364
3,576
935
57,724
15,249
14,249
235
59,467
3,649
1,066
56,884
15,304
14,773
322
59,570
3,651
1,082
57,001
15,574
15,046
405
59,995
3,670
1,085
57,410
15,537
15,221
390
60,079
3,660
1,101
57,519
15,469
15,534
408
14,014
14,451
14,641
14,831
43,961
6,239
10,164
490
9,674
43,977
6,414
9,076
475
8,601
43,998
6,528
9,044
319
8,725
720
59,645
46,794
115
2,975
1,044
3,087
9,144
4,281
4,864
2,518
4,458
2,419
1,864
2,400
857
3,289
767
2,271
407
5,257
323
1,806
1,792
12,850
2,924
1,536
8,390
704
58,763
45,618
118
2,972
1,046
3,068
7,921
4,301
3,620
2,729
4,522
2,134
1,879
2,379
862
3,208
679
2,374
415
5,334
329
1,856
1,792
13,145
3,061
1,689
8,396
549
59,021
45,730
119
2,929
1,067
3,037
7,998
4,380
3,618
2,533
4,512
2,224
1,869
2,435
891
3,204
680
2,341
427
5,467
327
1,851
1,821
13,291
3,091
1,725
8,475
II
o
130
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsofdollars,
Rhode Island
Line
Item
2001
IV
South Carolina
2002
I
II
2003
III
IV
\ r
2001
II
f
IV
2002
I
II
2003
III
IV
lr
IIp
Incom e by place of residence
1
2
3
Personal income (lines 4 -1 1 ).......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 )................................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P l u s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and ren t4 ...........................
P l u s : Transfer paym ents.................................................
State unemployment insurance benefits
Transfers excluding State unemployment
insurance benefits.............................................
32,261
32,245
15
32,779
32,762
17
33,202
33,186
16
33,467
33,450
16
33,659
33,642
17
34,391
34,376
14
34,239
34,224
15
101,158
100,614
544
102,912
102,377
535
104,156
103,808
348
104,718
104,297
421
105,420
104,993
427
107,166
106,803
363
107,759
107,362
396
20,636
1,418
1,246
20,464
6,024
5,774
223
21,103
1,476
1,133
20,759
6,039
5,981
247
21,232
1,482
1,155
20,905
6,152
6,144
330
21,531
1,504
1,116
21,143
6,128
6,196
301
21,659
1,509
1,105
21,255
6,092
6,312
293
22,390
1,574
1,051
21,866
6,078
6,446
304
22,082
1,545
1,084
21,620
6,074
6,545
295
69,220
4,215
1,356
66,361
18,080
16,717
501
70,075
4,341
1,582
67,317
18,147
17,448
612
70,544
4,370
1,585
67,759
18,533
17,864
758
71,026
4,396
1,578
68,208
18,473
18,037
662
71,485
4,415
1,578
68,648
18,375
18,396
602
72,887
4,533
1,597
69,950
18,352
18,863
654
73,058
4,535
1,622
70,145
18,361
19,253
683
5,550
5,734
5,815
5,895
6,019
6,142
6,249
16,215
16,836
17,106
17,376
17,794
18,209
18,570
16,613
2,018
2,004
1
2,004
16,952
2,110
2,041
2
2,039
17,012
2,139
2,080
1
2,079
17,223
2,210
2,098
1
2,097
17,272
2,255
2,133
1
2,132
17,884
2,345
2,161
-2
2,163
17,544
2,305
2,233
-1
2,234
55,676
7,073
6,471
375
6,096
56,177
7,325
6,573
368
6,205
56,542
7,484
6,519
180
6,339
56,744
7,613
6,669
251
6,418
56,950
7,760
6,775
255
6,520
58,057
7,998
6,832
186
6,646
58,022
8,063
6,973
215
6,758
15
20,620
16,882
(D)
(D)
(D)
1,164
2,805
1,873
932
906
1,352
(D)
684
1,657
272
1,449
426
656
667
2,680
200
675
556
3,738
746
367
2,625
17
21,086
17,196
(D)
(D)
(D)
1,223
2,739
1,855
885
925
1,386
(D)
698
1,687
275
1,493
499
655
678
2,745
203
696
565
3,889
777
399
2,714
16
21,216
17,332
(D)
(D)
(D)
1,222
2,769
1,873
896
936
1,421
(D)
662
1,715
274
1,510
448
653
684
2,817
206
699
569
3,884
779
388
2,716
16
21,514
17,576
(D)
(D)
(D)
1,203
2,817
1,850
967
937
1,436
(D)
693
1,742
282
1,477
468
653
712
2,912
213
707
572
3,938
797
400
2,741
17
21,643
17,651
(D)
(D)
(D)
1,208
2,768
1,868
899
918
1,450
(D)
708
1,786
285
1,472
461
647
719
2,970
217
719
576
3,992
817
399
2,776
14
22,375
18,295
(D)
(D)
(D)
1,236
2,618
1,739
879
940
1,456
(D)
757
1,850
309
1,538
941
632
764
2,978
222
712
576
4,080
838
430
2,812
15
22,067
18,004
(D)
(D)
(D)
1,284
2,631
1,737
894
952
1,460
(D)
753
1,910
315
1,545
486
638
743
3,012
214
695
584
4,063
848
409
2,806
544
68,676
54,456
274
114
861
5,068
12,826
6,202
6,624
2,897
5,722
1,950
1,361
3,104
1,206
4,084
520
3,186
513
5,308
659
2,674
2,129
14,219
1,727
2,084
10,408
535
69,541
54,786
278
112
848
5,101
12,590
6,209
6,381
3,083
5,748
1,925
1,316
3,092
1,247
4,169
537
3,290
523
5,395
665
2,707
2,160
14,754
1,772
2,331
10,651
348
70,196
55,367
283
112
888
5,193
12,728
6,249
6,479
3,064
5,831
1,956
1,333
3,141
1,278
4,036
505
3,346
537
5,492
672
2,785
2,188
14,830
1,798
2,417
10,615
421
70,605
55,854
282
111
899
5,254
12,718
6,235
6,483
3,111
5,856
1,982
1,351
3,159
1,302
4,140
516
3,347
544
5,605
673
2,805
2,199
14,751
1,809
2,357
10,585
427
71,059
56,147
281
113
875
5,260
12,591
6,235
6,356
3,048
5,875
2,007
1,410
3,380
1,277
4,174
534
3,399
561
5,640
677
2,825
2,221
14,912
1,844
2,323
10,745
363
72,524
57,015
289
113
948
5,392
12,765
6,373
6,392
3,156
5,952
2,017
1,376
3,307
1,227
4,304
588
3,385
571
5,900
695
2,850
2,180
15,508
1,908
2,502
11,099
396
72,661
56,960
292
117
901
5,325
12,743
6,351
6,392
3,161
5,917
1,985
1,381
3,405
1,233
4,365
582
3,326
570
5,977
679
2,831
2,170
15,701
1,914
2,622
11,166
Derivation of personal incom e
Earnings by place of w ork
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
Earnings by industry
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings.............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and o th e r6
Mining.........................................................................
Utilities.......................................................................
Construction
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Retail trade
Transportation and warehousing........................
Information
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance.....................
Arts, entertainment, and recreation...................
Accomodation and food services................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and local........................................................
footnotes at the end of the table.
November 2003
131
Survey of Current Business
and Earnings by Industry, 2001:IV—
2003:ll1—Continued
seasonallyadjustedat annual rates]
South Dakota
2002
2001
Texas
Tennessee
2003
2002
2001
2003
2003
Line
IV
I
II
III
IV
\ r
ll"
163,441
163,362
79
609,717
606,956
2,761
611,202
608,227
2,975
618,643
616,280
2,363
620,373
617,798
2,575
624,021
621,257
2,764
626,753
623,233
3,519
633,709
629,862
3,847
1
2
3
118,900
7,365
-2 ,3 5 2
109,183
23,988
29,088
908
119,647
7,401
-2 ,3 6 5
109,880
23,945
29,615
900
474,868
26,703
-1 ,0 6 5
447,100
89,702
72,914
2,175
473,387
27,139
-1 ,1 5 2
445,095
89,942
76,166
3,120
477,676
27,339
-1 ,1 5 9
449,179
91,686
77,778
3,729
478,929
27,362
-1 ,1 5 2
450,415
91,384
78,574
3,522
481,618
27,417
-1 ,1 4 5
453,056
90,929
80,037
3,428
482,990
27,565
-1,13 1
454,295
90,756
81,702
3,551
488,750
27,749
-1,14 1
459,860
90,801
83,048
3,556
4
5
6
7
8
9
10
27,564
28,180
28,715
70,739
73,045
74,049
75,052
76,608
78,151
79,492
11
88,640
10,847
17,128
142
16,986
88,976
11,046
17,375
154
17,222
90,228
11,293
17,378
-8 6
17,464
90,590
11,408
17,649
-1 1 8
17,767
353,708
39,956
81,204
1,780
79,424
352,139
40,793
80,454
1,995
78,459
354,666
41,736
81,274
1,377
79,897
354,092
42,551
82,287
1,576
80,711
354,569
43,403
83,646
1,754
81,893
353,903
43,813
85,274
2,481
82,793
355,945
44,313
88,492
2,780
85,711
12
13
14
15
16
327
116,288
99,532
227
227
278
6,172
19,773
12,045
7,728
6,510
9,211
6,411
2,842
6,400
1,609
7,226
1,267
5,980
1,545
14,005
1,582
4,638
3,629
16,756
3,661
571
12,524
340
117,057
100,346
225
223
281
6,178
19,860
12,126
7,734
6,473
9,363
6,433
2,925
6,497
1,622
7,267
1,266
5,960
1,571
14,303
1,600
4,671
3,627
16,711
3,710
540
12,460
106
118,794
101,620
228
223
284
6,234
19,856
12,052
7,804
6,647
9,340
6,570
2,955
6,615
1,676
7,538
1,407
5,642
1,668
14,570
1,844
4,711
3,613
17,173
3,918
582
12,674
79
119,568
102,186
231
238
298
6,261
19,974
12,142
7,832
6,725
9,384
6,502
2,980
6,793
1,753
7,551
1,431
5,715
1,657
14,699
1,614
4,733
3,648
17,381
4,014
604
12,763
2,761
472,107
402,316
974
21,414
10,703
32,336
60,575
35,196
25,379
28,856
33,115
21,433
19,998
29,405
9,939
40,667
2,835
18,353
3,557
37,108
3,122
15,159
12,767
69,790
11,418
7,025
51,347
2,975
470,412
398,177
1,006
20,622
10,580
32,493
56,307
34,357
21,950
28,860
33,363
20,045
19,630
29,134
10,298
40,214
3,037
19,435
3,573
37,874
3,357
15,484
12,863
72,235
11,957
7,748
52,530
2,363
475,314
401,996
1,008
20,835
10,427
32,622
57,882
35,730
22,153
29,059
33,527
20,558
18,995
29,858
10,382
40,335
2,944
19,003
3,648
38,960
3,451
15,573
12,927
73,318
12,104
7,875
53,338
2,575
476,354
402,027
1,038
20,964
10,783
32,432
56,727
34,640
22,087
28,855
33,486
21,075
18,519
29,735
10,461
40,386
2,996
18,775
3,746
39,878
3,559
15,679
12,933
74,327
12,222
7,960
54,145
2,764
478,854
403,406
1,047
21,731
10,902
32,575
56,654
34,507
22,148
28,625
33,392
21,037
18,378
30,317
10,621
39,985
3,006
18,424
3,812
40,533
3,597
15,787
12,983
75,448
12,589
7,924
54,935
3,519
479,471
401,610
1,054
21,089
10,164
32,229
55,835
33,471
22,364
28,725
33,361
20,331
18,617
30,549
10,288
40,126
3,214
18,622
3,873
41,182
3,624
15,869
12,861
77,861
13,055
8,594
56,212
3,847
484,902
405,918
1,065
22,288
10,660
32,913
55,869
33,491
22,378
28,864
33,335
20,312
18,502
31,635
10,682
39,942
3,246
18,836
3,810
41,643
3,486
15,963
12,867
78,984
13,238
8,827
56,920
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
I
II
III
IV
lf
II p
IV
I
II
III
IV
lr
II
20,347
19,508
839
20,043
19,570
473
20,095
19,871
225
20,466
20,142
324
20,660
20,315
344
21,632
20,490
1,142
21,959
20,650
1,309
154,751
154,443
308
156,391
156,057
334
158,810
158,482
328
159,256
158,930
327
160,411
160,071
340
162,260
162,153
106
13,892
894
-2 2 1
12,776
4,694
2,876
27
13,552
909
-2 8 0
12,362
4,717
2,964
32
13,490
920
-2 8 5
12,285
4,803
3,007
40
13,843
938
-2 9 3
12,612
4,808
3,046
43
13,994
944
-2 9 6
12,754
4,809
3,097
38
14,920
959
-2 9 7
13,663
4,818
3,151
37
15,180
965
-2 9 9
13,916
4,842
3,201
40
113,122
6,873
-1 ,3 3 6
104,913
23,953
25,885
664
114,828
7,086
-2 ,2 8 9
105,453
23,966
26,972
830
116,225
7,160
-2 ,3 2 0
106,746
24,449
27,615
1,072
116,615
7,178
-2 ,3 1 3
107,123
24,299
27,834
891
117,397
7,210
-2,32 1
107,865
24,110
28,437
873
2,849
2,931
2,967
3,003
3,059
3,114
3,162
25,221
26,142
26,542
26,943
10,148
1,337
2,407
691
1,716
10,130
1,371
2,051
323
1,727
10,245
1,408
1,836
74
1,762
10,423
1,464
1,956
172
1,784
10,487
1,500
2,007
191
1,816
10,574
1,518
2,828
984
1,844
10,628
1,539
3,013
1,146
1,867
86,776
10,075
16,271
124
16,147
87,737
10,404
16,687
153
16,534
88,630
10,646
16,949
146
16,803
839
13,053
10,384
65
73
137
886
1,439
939
500
717
1,108
417
292
1,008
133
507
268
355
141
1,714
161
538
424
2,669
645
254
1,770
473
13,079
10,411
67
66
149
893
1,399
954
445
718
1,125
411
292
991
138
509
237
341
144
1,788
164
552
427
2,669
676
283
1,709
225
13,265
10,529
68
63
138
915
1,397
948
449
726
1,132
417
290
999
140
510
252
345
149
1,813
165
563
447
2,736
693
289
1,754
324
13,518
10,707
70
62
146
921
1,412
949
462
746
1,154
421
288
1,020
142
520
252
347
156
1,867
166
574
445
2,811
714
298
1,799
344
13,650
10,804
70
62
153
944
1,416
957
460
732
1,148
418
293
1,035
145
527
261
350
149
1,908
164
586
441
2,846
727
298
1,822
1,142
13,778
10,928
73
60
138
948
1,427
960
467
744
1,198
416
298
1,041
144
534
228
340
160
1,991
169
581
437
2,850
729
321
1,800
1,309
13,871
10,976
72
62
143
925
1,426
959
467
742
1,192
414
301
1,071
152
529
241
336
158
2,022
165
577
447
2,895
749
332
1,815
308
112,814
96,926
216
263
271
6,237
19,579
11,694
7,885
6,228
9,025
6,355
2,906
6,323
1,535
7,049
1,266
5,650
1,417
13,158
1,519
4,390
3,537
15,888
3,475
538
11,876
334
114,494
98,136
220
222
268
6,207
19,634
11,992
7,641
6,372
9,128
6,315
2,878
6,276
1,570
7,116
1,324
5,916
1,496
13,457
1,677
4,517
3,545
16,358
3,681
564
12,112
328
115,898
99,368
221
241
279
6,180
19,865
12,147
7,718
6,437
9,237
6,419
2,851
6,290
1,643
7,366
1,329
5,971
1,496
13,750
1,620
4,588
3,583
16,529
3,719
571
12,240
2002
2001
IV
f
132
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millions of dollars,
Utah
Line
Item
2001
IV
Vermont
2002
I
II
2003
III
IV
lf
2001
II
e
IV
2002
I
II
2003
III
IV
\'
II"
Income by place of residence
1
2
3
Personal income (lines 4 - 1 1 ) .......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 )................................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-44)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P l u s : Dividends, interest, and ren t4 ...........................
P lu s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
55,122
54,834
288
55,522
55,229
293
55,771
55,581
190
55,952
55,725
227
56,568
56,325
243
56,692
56,406
286
57,241
56,940
301
17,752
17,622
131
17,900
17,809
91
18,093
18,018
76
18,238
18,156
81
18,439
18,355
83
18,547
18,453
94
18,734
18,631
102
42,434
2,427
25
40,033
9,042
6,046
251
42,631
2,482
-2
40,148
9,068
6,306
313
42,532
2,473
1
40,060
9,249
6,462
383
42,669
2,475
4
40,198
9,213
6,541
375
43,256
2,502
4
40,758
9,159
6,651
352
43,304
2,516
9
40,797
9,140
6,755
324
43,741
2,537
9
41,212
9,136
6,892
345
12,075
767
136
11,444
3,690
2,619
88
12,135
787
126
11,473
3,704
2,722
100
12,190
790
136
11,536
3,770
2,787
125
12,274
795
132
11,610
3,772
2,856
153
12,420
803
128
11,745
3,769
2,924
160
12,483
810
132
11,805
3,773
2,970
144
12,619
818
127
11,928
3,789
3,017
138
5,795
5,993
6,079
6,166
6,299
6,432
6,547
2,531
2,622
2,662
2,702
2,764
2,825
2,878
33,946
4,285
4,203
177
4,026
34,007
4,399
4,225
178
4,048
33,880
4,456
4,196
74
4,122
33,827
4,564
4,278
109
4,169
34,173
4,697
4,386
124
4,262
34,106
4,732
4,466
164
4,302
34,370
4,785
4,586
175
4,411
9,437
1,109
1,530
70
1,460
9,485
1,138
1,512
28
1,484
9,517
1,158
1,515
12
1,503
9,552
1,188
1,533
17
1,516
9,641
1,220
1,559
19
1,541
9,661
1,233
1,589
28
1,561
9,747
1,256
1,616
34
1,582
288
42,146
34,031
39
479
350
2,994
5,061
3,538
1,523
1,998
3,221
1,990
1,597
2,456
568
3,242
1,226
1,554
641
3,125
498
1,341
1,650
8,116
2,039
491
5,586
293
42,338
33,988
39
448
462
2,886
4,858
3,413
1,445
1,993
3,322
1,934
1,517
2,393
608
3,180
998
1,623
710
3,192
699
1,451
1,672
8,350
2,093
542
5,715
190
42,342
33,942
39
457
364
2,890
4,861
3,425
1,435
2,018
3,342
1,932
1,516
2,489
601
3,241
1,027
1,629
605
3,263
582
1,407
1,680
8,400
2,115
561
5,724
227
42,442
33,927
40
440
346
2,900
4,879
3,408
1,472
2,045
3,331
1,940
1,481
2,568
606
3,195
1,014
1,581
670
3,266
543
1,416
1,664
8,516
2,209
576
5,731
243
43,013
34,359
40
454
370
3,066
4,808
3,337
1,471
2,024
3,354
1,941
1,444
2,660
636
3,262
1,019
1,584
664
3,397
538
1,427
1,670
8,655
2,323
564
5,767
286
43,017
34,245
42
461
187
2,962
4,949
3,456
1,493
1,974
3,454
1,950
1,468
2,568
640
3,344
1,000
1,482
686
3,495
486
1,437
1,659
8,772
2,352
616
5,805
301
43,440
34,621
41
460
195
3,084
4,992
3,469
1,523
1,971
3,478
1,969
1,477
2,625
677
3,410
1,017
1,440
657
3,550
464
1,440
1,674
8,819
2,377
634
5,808
131
11,945
9,957
58
44
173
828
2,145
1,651
493
485
1,047
279
309
596
123
883
16
281
330
1,363
91
551
356
1,988
351
78
1,559
91
12,043
10,020
59
44
180
840
2,078
1,607
471
507
1,063
274
299
596
131
897
19
283
335
1,396
97
570
351
2,024
348
81
1,595
76
12,115
10,066
58
43
185
825
2,051
1,598
453
510
1,068
281
307
603
131
892
19
285
350
1,434
100
573
353
2,048
355
81
1,612
81
12,192
10,133
60
42
193
815
2,052
1,603
449
499
1,084
292
305
603
133
906
17
297
336
1,470
100
579
351
2,060
369
85
1,606
83
12,337
10,221
60
41
197
822
1,995
1,546
449
498
1,098
288
307
636
137
912
17
309
356
1,516
90
592
352
2,116
384
78
1,654
94
12,389
10,209
61
43
186
819
1,908
1,447
461
509
1,101
284
309
655
137
938
25
292
366
1,523
103
591
361
2,180
399
84
1,698
102
12,517
10,307
62
45
194
797
1,923
1,468
455
526
1,111
289
315
674
142
951
17
293
359
1,546
105
597
359
2,210
411
91
1,708
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings...................................................................
Nonfarm earnings............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and o th er6
Mining........................................................................
Utilities.......
Construction
Manufacturing
Durable goods
Nondurable goods
....................................
Wholesale trade
Retail trade
Transportation and warehousing........................
Information..........................
Finance and insurance.....
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies ana enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and local........................................................
Earnings by industry
See the footnotes at the end of the table.
November 2003
133
Survey of Current Business
and Earnings by Industry, 2001:IV—
2003:ll1—Continued
seasonallyadjustedat annual rates]
Virginia
Washington
West Virginia
2001
2002
2003
Line2001
II"
IV
I
II
III
IV
\ '
11"
IV
I
II
III
IV
244,050
243,667
383
246,116
245,689
428
190,868
189,729
1,139
194,342
192,984
1,358
198,138
196,779
1,359
200,086
198,715
1,372
200,319
198,927
1,392
202,505
200,707
1,798
206,184
204,304
1,881
41,608
41,595
13
42,198
42,172
26
42,467
42,459
9
42,689
42,673
16
42,944
42,925
19
43,406
43,462
-5 6
43,608
43,655
-4 8
1
2
3
173,766
10,589
8,288
171,465
42,623
26,516
998
177,674
10,890
7,801
174,585
42,510
26,955
894
179,486
10,981
7,795
176,300
42,402
27,414
880
135,517
8,360
2,144
129,301
36,327
25,240
1,745
136,888
8,546
2,665
131,007
36,451
26,885
2,580
139,451
8,696
2,681
133,436
37,231
27,470
2,813
141,060
8,799
2,682
134,943
37,103
28,040
3,031
141,014
8,764
2,739
134,989
36,900
28,430
2,875
142,956
8,915
2,700
136,742
36,840
28,923
2,826
146,427
9,139
2,658
139,946
36,856
29,382
2,814
25,961
1,693
465
24,733
7,090
9,785
153
26,269
1,740
493
25,022
7,100
10,076
198
26,218
1,733
527
25,012
7,213
10,243
258
26,355
1,740
538
25,153
7,184
10,352
260
26,474
1,744
539
25,269
7,145
10,530
272
26,832
1,784
543
25,591
7,125
10,690
268
26,889
1,785
560
25,664
7,120
10,824
259
4
5
6
7
8
9
10
24,970
25,518
26,062
26,534
23,495
24,305
24,657
25,009
25,555
26,097
26,568
9,632
9,878
9,985
10,092
10,258
10,423
10,566
11
138,627
20,001
13,320
84
13,237
139,267
20,529
13,472
88
13,384
139,237
20,846
13,683
94
13,588
142,165
21,553
13,957
155
13,801
143,221
21,877
14,388
194
14,195
109,025
12,222
14,269
3
14,266
109,303
12,590
14,995
200
14,795
111,200
12,971
15,280
194
15,086
112,238
13,357
15,464
191
15,273
111,723
13,569
15,722
199
15,523
112,820
13,806
16,330
572
15,758
115,556
14,133
16,739
621
16,118
20,377
2,832
2,752
-1 4
2,766
20,533
2,924
2,811
-1
2,813
20,444
2,958
2,815
-1 9
2,835
20,485
3,022
2,849
-1 2
2,861
20,519
3,088
2,866
-9
2,876
20,831
3,157
2,844
-8 5
2,928
20,829
3,169
2,892
-7 8
2,969
12
13
14
15
16
300
171,649
129,895
222
995
1,569
10,847
15,195
8,905
6,290
6,652
10,421
4,978
8,835
8,434
2,697
22,750
5,416
5,665
1,647
12,477
1,310
4,464
5,322
41,754
12,448
10,080
19,227
307
172,961
130,560
228
980
1,512
10,910
15,012
8,784
6,227
6,647
10,528
4,932
8,703
8,496
2,763
22,930
5,547
5,706
1,705
12,835
1,231
4,531
5,364
42,401
12,641
10,359
19,401
316
173,451
130,711
224
1,000
1,521
10,875
14,826
8,627
6,199
6,609
10,564
4,910
8,500
8,769
2,764
23,383
5,143
5,591
1,774
13,060
1,214
4,582
5,402
42,739
12,806
10,235
19,698
383
177,291
133,024
224
981
1,729
10,968
15,116
8,918
6,198
6,762
10,493
4,905
8,177
9,086
2,805
24,008
5,681
5,775
1,819
13,134
1,227
4,646
5,490
44,267
13,221
11,105
19,942
428
179,059
134,011
231
1,025
1,586
11,302
15,051
8,882
6,169
6,804
10,537
4,894
8,160
9,295
2,900
24,158
5,756
5,921
1,759
13,310
1,142
4,706
5,475
45,048
13,458
11,425
20,166
1,139
134,377
108,682
1,215
237
505
9,202
16,992
12,830
4,162
6,727
9,362
4,198
12,005
6,555
2,365
10,993
2,256
4,374
1,016
11,495
1,321
4,201
3,663
25,696
4,602
3,169
17,925
1,358
135,530
109,196
1,276
226
476
9,385
17,670
13,375
4,295
6,901
9,583
4,170
10,422
6,504
2,423
11,000
2,333
4,780
1,014
11,737
1,331
4,224
3,740
26,334
4,758
3,506
18,071
1,359
138,092
111,270
1,277
228
563
9,556
16,924
12,750
4,173
6,861
9,730
4,268
11,738
6,765
2,465
11,140
2,359
4,906
1,035
12,003
1,386
4,301
3,765
26,822
4,855
3,619
18,348
1,372
139,688
112,443
1,347
220
477
9,660
17,107
12,521
4,586
6,843
9,858
4,328
12,494
6,755
2,492
11,176
2,321
4,605
1,050
12,219
1,410
4,343
3,738
27,246
4,994
3,690
18,562
1,392
139,621
111,930
1,350
221
480
9,701
16,945
12,619
4,326
6,764
9,819
4,252
11,283
6,990
2,554
11,164
2,413
4,875
1,077
12,527
1,372
4,376
3,765
27,692
5,096
3,718
18,877
1,798
141,158
112,868
1,437
230
491
9,798
16,447
12,509
3,938
7,032
10,045
4,223
10,992
7,215
2,627
11,486
2,533
4,817
1,102
12,698
1,443
4,417
3,835
28,290
5,188
4,013
19,089
1,881
144,546
115,904
1,390
247
520
10,041
15,844
11,936
3,907
7,093
10,066
4,183
13,739
7,429
2,732
11,531
2,579
4,851
1,080
12,878
1,437
4,413
3,851
28,642
5,258
4,095
19,289
13
25,948
20,201
83
1,473
460
1,784
3,269
1,789
1,479
1,010
2,008
857
546
871
241
1,358
148
691
181
3,355
264
856
745
5,747
1,399
206
4,142
26
26,243
20,375
85
1,487
457
1,729
3,237
1,798
1,439
1,016
2,031
867
556
888
249
1,384
141
702
174
3,459
284
878
750
5,868
1,457
212
4,199
9
26,209
20,294
84
1,387
472
1,640
3,235
1,815
1,420
1,017
2,033
873
546
905
255
1,410
146
695
173
3,501
281
883
757
5,915
1,470
218
4,226
16
26,339
20,342
87
1,370
439
1,623
3,215
1,792
1,423
1,025
2,060
873
551
906
265
1,437
145
691
174
3,538
286
897
762
5,997
1,489
217
4,291
19
26,455
20,368
85
1,400
458
1,522
3,213
1,782
1,430
1,016
2,065
861
564
909
270
1,458
144
683
178
3,578
293
903
768
6,087
1,513
201
4,374
-5 6
26,888
20,647
85
1,424
458
1,564
3,191
1,734
1,458
1,000
2,088
901
580
925
267
1,473
143
687
189
3,682
303
925
761
6,241
1,559
213
4,469
-4 8
26,937
20,714
88
1,487
472
1,511
3,211
1,742
1,469
997
2,077
894
583
950
279
1,497
142
687
183
3,695
291
910
760
6,223
1,573
217
4,433
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
IV
I
II
III
IV
I
233,388
232,934
454
234,661
234,341
319
238,366
238,066
300
239,670
239,363
307
240,605
240,289
316
169,097
10,211
8,276
167,162
42,142
24,084
633
169,871
10,402
7,896
167,366
42,281
25,014
750
171,949
10,510
8,054
169,493
43,220
25,652
1,035
173,268
10,584
8,022
170,706
42,981
25,983
1,013
23,451
24,263
24,617
137,464
18,840
12,793
237
12,556
137,232
19,517
13,123
105
13,018
454
168,643
129,185
215
1,039
1,500
10,808
15,412
9,109
6,303
6,540
10,152
4,817
10,088
8,233
2,628
22,743
5,216
5,482
1,567
11,968
1,155
4,351
5,269
39,459
11,765
8,874
18,820
319
169,552
128,310
222
1,000
1,592
10,878
14,862
8,706
6,156
6,564
10,297
4,774
8,825
8,425
2,674
22,446
5,196
5,867
1,613
12,141
1,213
4,432
5,291
41,241
12,294
9,883
19,064
’
\ ’
II'
134
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsofdolars,
Wisconsin
Line
Item
2001
IV
Wyoming
2002
I
II
2001
2003
III
IV
lr
ll<’
IV
2002
I
II
2003
III
IV
lr
II”
Income by place of residence
1
2
3
Personal income (lines 4 - 1 1 ) .......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 )................................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-44)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P lu s : Dividends, interest, and ren t4 ...........................
P lu s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
158,651
158,115
536
160,906
160,210
696
162,839
162,645
193
163,937
163,482
455
165,182
164,695
487
166,691
165,855
837
168,066
167,140
926
14,904
14,771
133
14,996
14,914
83
15,095
15,085
10
15,271
15,243
27
15,469
15,397
72
15,598
15,524
74
15,797
15,690
106
109,834
6,853
2,697
105,679
31,496
21,476
933
111,061
7,022
2,923
106,963
31,584
22,359
1,176
111,953
7,099
2,959
107,814
32,114
22,911
1,449
112,862
7,137
2,979
108,705
32,106
23,127
1,386
113,830
7,183
2,964
109,611
32,077
23,494
1,321
115,059
7,286
2,967
110,740
32,070
23,881
1,279
115,887
7,328
2,965
111,523
32,204
24,339
1,364
9,917
602
-4 5
9,270
3,868
1,767
29
9,935
617
-4 7
9,272
3,890
1,834
43
9,928
619
-4 6
9,263
3,965
1,867
52
10,066
627
-4 6
9,393
3,980
1,899
60
10,207
632
-4 7
9,529
3,992
1,948
73
10,310
642
-4 8
9,621
4,006
1,970
59
10,442
646
-4 8
9,748
4,041
2,008
65
20,543
21,183
21,462
21,741
22,173
22,602
22,974
1,738
1,792
1,815
1,839
1,875
1,911
1,943
89,957
10,695
9,182
-9 7
9,279
90,328
10,974
9,759
29
9,730
91,303
11,213
9,437
-4 7 8
9,915
91,565
11,475
9,823
-2 2 6
10,049
92,099
11,732
9,998
-201
10,200
92,746
11,869
10,444
129
10,315
93,188
11,974
10,725
199
10,526
7,468
922
1,527
53
1,474
7,485
952
1,498
-1
1,499
7,510
969
1,449
-7 4
1,522
7,584
1,002
1,480
-5 8
1,538
7,637
1,025
1,546
-1 4
1,560
7,702
1,046
1,563
-1 4
1,578
7,749
1,061
1,632
15
1,617
536
109,298
92,765
243
205
974
7,149
24,943
15,624
9,319
5,722
7,913
3,775
2,744
6,390
1,111
6,030
1,992
3,394
1,204
11,848
894
3,234
2,998
16,533
1,839
383
14,312
696
110,365
93,519
254
194
902
7,105
25,002
15,857
9,144
5,741
7,644
3,839
2,672
6,433
1,135
6,003
2,499
3,507
1,229
12,024
956
3,306
3,073
16,846
1,901
400
14,545
193
111,760
94,952
256
200
895
7,187
25,288
16,032
9,255
5,993
7,956
3,820
2,722
6,550
1,164
6,025
2,390
3,574
1,247
12,364
952
3,326
3,042
16,808
1,937
408
14,463
455
112,407
95,375
265
204
884
7,331
25,313
15,998
9,316
5,895
7,800
3,868
2,649
6,568
1,179
6,064
2,435
3,572
1,290
12,718
942
3,363
3,037
17,032
1,958
409
14,665
487
113,343
96,108
266
208
873
7,312
25,303
15,977
9,325
5,885
7,746
3,903
2,648
6,766
1,199
6,153
2,618
3,580
1,305
12,980
949
3,381
3,033
17,235
1,988
385
14,862
837
114,222
96,772
270
195
889
7,178
25,082
16,163
8,919
5,842
7,979
3,996
2,710
7,003
1,201
6,258
2,794
3,526
1,355
13,049
889
3,451
3,103
17,450
2,015
417
15,018
926
114,960
97,326
271
200
906
7,172
25,038
16,068
8,970
5,913
8,093
3,983
2,729
7,282
1,250
6,315
2,772
3,537
1,333
13,125
852
3,417
3,137
17,634
2,034
431
15,169
133
9,784
7,445
48
1,361
(D)
946
477
192
285
331
713
(D)
(D)
327
152
521
30
231
32
660
116
447
(D)
2,338
437
220
1,681
83
9,853
7,441
48
1,366
(D)
938
456
211
246
327
719
(D)
(D)
292
164
506
38
230
31
677
97
484
(D)
2,411
451
242
1,719
10
9,918
7,485
50
1,339
(D)
938
456
215
241
335
726
(D)
(D)
302
169
505
27
10,038
7,543
51
1,331
(D)
936
461
215
246
332
741
(D)
(D)
298
174
516
31
233
54
706
106
484
(D)
2,495
473
247
1,775
72
10,135
7,604
50
1,321
(D)
932
450
212
238
328
743
(D)
(D)
302
174
550
54
231
33
730
106
493
(D)
2,531
477
245
1,809
74
10,236
7,646
50
1,360
(D)
913
447
217
230
335
745
(D)
(D)
334
174
525
35
233
32
740
110
510
(D)
2,591
490
266
1,835
106
10,336
7,709
51
1,425
(D)
895
452
213
239
332
743
(D)
(D)
314
187
537
35
234
30
750
107
508
(D)
2,627
500
274
1,853
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
Wage and salary disbursements.............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
Earnings by industry
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings...................................................................
Nonfarm earnings.............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and oth er6
Mining.........................................................................
Utilities........................................................................
Construction
Manufacturing
Durable goods
Nondurable goods.............................................
Wholesale trade
Retail trade
Transportation and warehousing........................
Information
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation.............
Accomodation and food services................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and local........................................................
See the footnotes at the end of the table.
33
231
32
684
108
476
(D)
2,433
453
244
1,736
135
Survey of Current Business
November 2003
and Earnings by Industry, 2001:IV-2003:II1—Continued
seasonallyadjustedatannualrates]
NewEngland
IV
Mideast
2002
2001
I
II
2003
2002
2001
III
IV
I'
II o
IV
I
II
Line
2003
III
IV
\ '
II f
519,362
518,772
590
524,249
523,725
523
531,524
531,066
459
532,245
531,752
493
533,241
532,732
509
537,534
536,953
581
539,718
539,117
601
1,631,164
1,628,680
2,485
1,644,672
1,642,610
2,061
1,662,445
1,660,734
1,711
1,668,240
1,666,379
1,860
1,674,725
1,672,799
1,927
1,683,917
1,681,743
2,174
1,700,245
1,697,930
2,316
1
2
3
370,026
21,797
7,143
355,372
96,867
67,123
3,102
371,419
22,233
8,273
357,460
97,198
69,591
3,812
374,669
22,380
8,390
360,679
99,201
71,644
5,100
375,020
22,395
8,337
360,962
98,965
72,318
5,010
375,524
22,357
8,343
361,510
98,569
73,161
4,667
379,414
22,744
8,195
364,866
98,463
74,205
4,535
380,248
22,747
8,277
365,778
98,643
75,297
4,606
1,182,714
71,604
-1 7 ,1 2 8
1,093,983
300,187
236,994
9,062
1,189,812
73,151
-1 8 ,2 3 8
1,098,423
301,019
245,230
11,156
1,196,417
73,334
-1 8 ,5 3 9
1,104,544
306,122
251,779
15,032
1,200,492
73,523
-1 8 ,4 6 3
1,108,506
305,659
254,074
14,657
1,205,365
73,619
-18,731
1,113,015
304,853
256,858
13,297
1,211,098
74,391
-1 8 ,1 1 9
1,118,588
304,625
260,704
13,033
1,223,364
74,975
-1 8 ,2 2 5
1,130,165
305,317
264,764
13,523
4
5
6
7
8
9
10
64,022
65,779
66,544
67,308
68,494
69,670
70,692
227,932
234,073
236,747
239,418
243,561
247,671
251,241
11
297,864
32,658
39,503
132
39,371
297,355
33,358
40,707
52
40,654
299,297
34,047
41,325
-1 5
41,340
298,653
34,649
41,718
12
41,706
297,912
35,173
42,440
23
42,417
300,722
35,741
42,952
82
42,870
300,516
35,881
43,851
88
43,763
942,246
101,910
138,558
1,126
137,432
943,877
104,718
141,217
664
140,553
946,249
106,414
143,754
305
143,449
946,285
108,705
145,501
434
145,067
946,988
110,546
147,831
485
147,346
949,650
111,931
149,517
691
148,826
956,228
113,143
153,994
792
153,201
12
13
14
15
16
590
369,435
320,969
(D)
(D)
(D)
21,974
50,681
35,980
14,701
18,418
24,149
(D)
13,948
40,576
5,581
40,308
9,920
11,758
9,979
39,036
3,454
10,560
9,027
48,466
7,766
1,985
38,715
523
370,896
321,453
(D)
(D)
(D)
22,700
49,490
35,459
14,031
19,016
24,482
(D)
13,900
39,221
5,750
39,714
9,907
12,089
10,255
39,941
3,483
10,868
9,196
49,443
8,083
2,177
39,183
459
374,210
324,039
(D)
(D)
(D)
22,371
49,429
35,419
14,011
18,973
24,611
(D)
13,686
41,161
5,786
39,639
9,737
11,993
10,436
40,696
3,550
10,957
9,259
50,172
8,144
2,189
39,839
493
374,527
323,964
(D)
(D)
(D)
22,228
48,409
34,463
13,946
18,701
24,961
(D)
13,493
41,323
5,964
39,389
9,445
12,036
10,680
41,576
3,594
11,063
9,277
50,563
8,285
2,231
40,047
509
375,015
323,958
(D)
(D)
(D)
22,395
47,881
34,149
13,732
18,245
24,949
(D)
13,477
41,122
5,894
38,959
9,635
11,805
11,070
42,655
3,551
11,233
9,334
51,058
8,403
2,196
40,459
581
378,833
326,889
(D)
(D)
(D)
22,217
47,890
34,004
13,886
19,473
25,156
(D)
13,620
40,328
5,942
39,618
10,134
11,849
11,137
43,471
3,667
11,192
9,381
51,944
8,632
2,392
40,920
601
379,647
327,527
(D)
(D)
(D)
21,891
47,802
33,884
13,918
19,598
25,169
(D)
13,602
41,454
6,125
39,543
9,489
11,905
11,052
43,877
3,516
11,147
9,401
52,120
8,741
2,440
40,939
2,485
1,180,230
993,810
3,005
2,328
(D)
60,792
111,266
61,209
50,057
59,127
68,896
(D)
(D)
145,700
21,069
129,710
27,741
39,783
23,524
114,765
14,321
(D)
32,446
186,420
48,969
7,201
130,250
2,061
1,187,750
996,458
2,979
2,291
(D)
61,423
111,173
61,843
49,331
60,134
69,766
(D)
(D)
141,264
21,639
129,906
27,447
41,863
23,759
116,941
14,474
(D)
32,889
191,292
51,198
7,878
132,216
1,711
1,194,706
1,002,680
3,125
2,247
(D)
61,270
110,302
61,708
48,594
59,996
70,198
(D)
(D)
145,710
21,861
130,194
26,538
41,292
24,264
118,941
14,926
(D)
33,019
192,025
51,802
7,959
132,264
1,860
1,198,631
1,002,618
3,157
2,240
(D)
61,938
110,019
61,317
48,702
59,940
71,203
(D)
(D)
140,067
22,106
129,998
26,971
41,344
24,977
121,385
15,087
(D)
33,405
196,013
52,478
8,080
135,455
1,927
1,203,438
1,006,254
3,584
2,242
(D)
61,776
109,253
61,130
48,122
59,808
71,789
(D)
(D)
138,649
22,775
130,961
26,378
41,082
25,767
123,588
15,312
(D)
33,940
197,185
53,152
7,971
136,062
2,174
1,208,924
1,007,467
3,274
2,267
(D)
61,770
109,212
60,216
48,996
61,450
72,160
(D)
(D)
134,310
22,758
130,920
25,522
41,971
26,401
126,076
15,374
(D)
34,122
201,457
55,055
8,633
137,769
2,316
1,221,049
1,017,630
3,371
2,383
(D)
63,447
109,543
60,542
49,001
61,577
72,420
(D)
(D)
138,493
23,496
131,497
25,759
42,349
25,932
127,375
15,118
(D)
34,219
203,419
55,725
8,789
138,905
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
136
State Personal Income
November 2003
Table 2. Personal Income by Major Source
[Millionsof dollars,
Great Lakes
Line
Item
2001
Plains
2002
2003
2001
IV
I
II
III
IV
lf
II
1,364,979
1,361,668
3,311
1,373,198
1,369,319
3,879
1,396,144
1,395,258
886
1,402,919
1,401,387
1,532
1,409,904
1,407,415
2,489
1,415,750
1,412,627
3,124
968,307
57,406
4,508
915,409
261,025
188,545
7,520
969,011
58,256
5,782
916,537
261,753
194,908
8,778
983,301
59,236
5,772
929,836
265,924
200,383
12,031
989,065
59,529
5,829
935,365
265,800
201,754
11,182
993,351
59,586
5,897
939,662
265,472
204,769
10,753
181,025
186,130
188,352
190,572
784,154
92,581
91,572
1,005
90,566
779,966
93,905
95,139
1,500
93,639
792,789
96,797
93,714
-1 ,5 0 8
95,222
3,311
964,996
825,313
1,042
4,056
9,980
60,938
188,402
134,306
54,096
53,808
64,459
32,893
27,282
61,328
13,490
82,871
23,662
35,171
10,344
91,862
10,179
26,265
27,281
139,683
19,567
4,374
115,741
3,879
965,132
823,046
1,076
3,824
10,105
61,445
184,969
132,214
52,755
53,761
64,699
32,575
26,590
60,519
13,695
81,273
23,442
36,424
10,466
93,311
10,706
26,687
27,480
142,087
20,156
4,658
117,272
886
982,415
839,117
1,077
3,904
10,137
60,936
191,188
137,681
53,507
54,543
65,148
33,228
26,898
61,772
14,528
82,809
25,272
36,852
10,730
95,184
10,460
26,856
27,594
143,298
20,314
4,682
118,302
2002
2003
IV
I
II
III
IV
lr
Ilf
1,423,915
1,420,462
3,453
569,280
564,024
5,256
576,036
568,847
7,189
580,552
576,004
4,548
585,711
580,238
5,474
589,532
583,653
5,878
596,940
588,737
8,203
602,634
593,329
9,306
996,826
60,091
5,987
942,722
265,420
207,609
10,176
1,000,083
60,164
6,032
945,951
266,331
211,633
11,233
405,105
25,491
-4 ,4 7 0
375,143
115,789
78,347
2,210
410,210
26,122
-5 ,3 9 3
378,695
116,208
81,133
2,598
410,925
26,276
-5,41 1
379,238
118,174
83,140
3,561
415,528
26,518
-5 ,4 7 6
383,533
118,147
84,031
3,410
418,011
26,586
-5 ,5 0 3
385,922
117,994
85,616
3,377
424,556
27,031
-5 ,5 5 8
391,967
118,050
86,922
3,080
428,154
27,159
-5 ,6 0 5
395,389
118,463
88,782
3,545
194,016
197,432
200,400
76,137
78,535
79,578
80,621
82,238
83,843
85,236
794,739
98,860
95,466
-8 9 5
96,361
794,916
100,601
97,834
36
97,797
795,971
101,248
99,607
602
99,005
796,190
101,782
102,111
862
101,249
323,692
37,741
43,672
2,923
40,750
325,073
38,801
46,337
4,816
41,521
326,896
39,570
44,458
2,160
42,298
329,100
40,568
45,860
3,053
42,807
329,715
41,357
46,939
3,433
43,507
332,764
42,006
49,786
5,688
44,097
334,052
42,355
51,747
6,723
45,025
1,532
987,533
842,813
1,112
3,868
9,983
61,710
191,023
137,271
53,752
54,804
65,530
33,658
26,646
61,993
14,228
82,735
25,251
36,955
10,892
97,043
10,599
27,151
27,633
144,720
20,467
4,598
119,655
2,489
990,862
844,297
1,120
3,916
9,915
61,493
190,053
136,741
53,312
54,321
65,538
33,648
26,676
62,931
14,358
82,820
24,847
37,033
11,220
98,702
10,636
27,360
27,711
146,565
20,922
4,411
121,232
3,124
993,703
846,322
1,129
3,921
10,377
61,071
189,004
136,207
52,797
54,346
65,597
33,739
26,750
63,147
14,161
83,181
25,386
36,895
11,404
100,226
10,764
27,404
27,822
147,381
21,475
4,866
121,040
3,453
996,630
848,217
1,140
4,138
10,365
60,924
189,285
136,298
52,986
54,470
65,759
33,567
26,731
65,211
14,536
83,337
25,419
36,316
11,091
100,724
10,229
27,278
27,696
148,413
21,662
4,939
121,813
5,256
399,849
335,083
918
1,934
4,501
26,707
59,279
37,329
21,950
23,419
28,651
15,940
16,725
27,355
5,128
26,362
13,189
12,057
4,756
40,054
4,248
11,798
12,064
64,766
10,702
4,202
49,862
7,189
403,021
336,837
959
1,854
4,876
26,777
58,693
37,534
21,159
23,902
28,801
15,773
16,708
27,365
5,274
26,425
12,914
12,491
4,770
40,800
4,286
12,012
12,158
66,184
11,152
4,574
50,458
4,548
406,377
339,375
955
1,822
4,585
26,945
59,344
37,972
21,372
23,966
29,093
16,078
16,350
27,642
5,314
26,346
12,647
12,514
4,945
41,878
4,530
12,121
12,300
67,002
11,245
4,666
51,091
5,474
410,054
342,462
991
1,865
4,709
27,221
59,268
37,937
21,331
24,391
29,446
16,224
16,185
27,909
5,410
26,540
12,890
12,577
5,010
42,760
4,531
12,184
12,351
67,593
11,385
4,732
51,475
5,878
412,133
343,634
995
1,891
4,653
27,422
58,771
37,576
21,195
23,835
29,215
16,288
16,301
28,834
5,520
26,770
12,547
12,622
5,122
43,607
4,496
12,296
12,450
68,499
11,582
4,677
52,240
8,203
416,353
347,009
1,032
1,907
4,333
27,242
59,382
37,949
21,432
24,586
29,668
16,392
16,447
29,211
5,606
27,129
12,299
12,504
5,222
44,519
4,543
12,434
12,552
69,344
11,884
5,076
52,384
9,306
418,848
349,022
1,021
1,994
4,513
27,547
59,322
37,649
21,673
24,786
29,726
16,316
16,260
29,880
5,784
27,456
12,574
12,419
5,186
44,920
4,250
12,381
12,689
69,826
12,006
5,170
52,650
p
Income by place of residence
1
2
3
Personal income (lines 4 - 1 1 ) .......................................
Nonfarm personal income
Farm income (line 17)
4
b
6
/
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-44)
L e s s : Personal contributions for social insurance2
P lu s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P l u s : Dividends, interest, and ren t4 ...........................
P l u s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
Derivation of personal income
Earnings by place of work
12
13
14
15
16
Components of earnings:
W age and salary disbursements............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' incom e...............................
17
18
19
20
21
22
23
24
2b
26
27
28
29
30
31
32
33
34
3b
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and oth er6
Mining........................................................................
Utilities.......................................................................
Construction.............................................................
Manufacturing.........................................................
Durable goods....................................................
Nondurable goods.............................................
Wholesale tra d e .....................................................
Retail trade...............................................................
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises............
Federal, civilian.......................................................
Military.......................................................................
State and loca l........................................................
Earnings by industry
See the footnotes at the end of the table.
November 2003
137
Survey of Current Business
and Earnings by Industry, 2001:IV-2003:II1—Continued
seasonallyadjustedat annual rates]
Southeast
2001
Southw est
2002
IV
II
I
2003
IV
III
lr
2001
IV
IIP
2003
2002
I
II
III
IV
lr
Line
11"
1,921,712
1,909,328
12,384
1,944,902
1,932,942
11,960
1,968,792
1,960,888
7,903
1,979,094
1,969,709
9,385
1,995,385
1,985,419
9,965
2,021,336
2,009,619
11,717
2,039,369
2,026,578
12,791
878,046
873,115
4,931
882,369
876,382
5,986
892,577
888,558
4,019
896,253
891,633
4,621
902,617
897,513
5,104
907,344
901,635
5,709
917,036
910,867
6,169
1
2
3
1,323,812
80,790
9,288
1,252,309
371,858
297,545
7,066
1,336,926
82,891
8,554
1,262,590
373,086
309,226
9,056
1,347,666
83,642
8,740
1,272,763
380,247
315,782
11,392
1,356,296
84,066
8,716
1,280,946
379,235
318,913
10,308
1,368,382
84,604
8,923
1,292,701
377,558
325,126
9,983
1,390,390
86,368
8,416
1,312,438
377,153
331,745
10,116
1,402,341
86,920
8,441
1,323,861
377,479
338,029
10,765
662,273
38,051
417
624,639
139,260
114,148
2,960
661,783
38,738
566
623,611
139,670
119,088
4,166
667,194
39,069
568
628,694
142,384
121,499
4,952
670,037
39,163
586
631,461
141,929
122,863
4,691
674,808
39,302
614
636,120
141,222
125,274
4,583
677,353
39,593
637
638,397
140,993
127,954
4,764
685,069
39,864
633
645,838
141,052
130,146
4,785
4
5
6
7
8
9
10
290,480
300,171
304,390
308,605
315,143
321,629
327,263
111,188
114,922
116,548
118,172
120,691
123,190
125,361
11
1,051,906
131,768
140,137
8,460
131,677
1,057,696
136,098
143,132
8,081
135,051
1,067,060
139,242
141,364
3,999
137,365
1,069,777
142,310
144,209
5,426
138,783
1,075,874
145,629
146,880
5,964
140,916
1,090,513
148,979
150,898
7,602
143,295
1,096,485
150,580
155,276
8,564
146,711
499,814
57,971
104,489
3,177
101,312
498,563
59,312
103,908
4,210
99,698
502,748
60,752
103,695
2,232
101,463
502,704
62,017
105,316
2,808
102,508
504,171
63,330
107,307
3,273
104,035
504,209
64,009
109,135
3,827
105,308
507,213
64,756
113,100
4,235
108,865
12
13
14
15
16
12,384
1,311,428
1,068,435
11,960
1,324,966
1,074,416
7,903
1,339,762
1,085,835
9,385
1,346,910
1,090,852
9,965
1,358,417
1,097,748
11,717
1,378,673
1,111,015
12,791
1,389,549
1,118,781
4,931
657,342
549,534
1,468
25,943
12,841
45,608
82,398
50,252
32,147
37,604
47,753
27,626
25,680
39,375
13,611
53,760
5,047
27,331
5,051
53,528
4,922
22,029
17,957
107,808
19,470
10,589
77,750
5,986
655,797
544,696
1,509
25,074
12,742
46,169
76,293
48,914
27,379
37,813
48,149
25,960
25,135
38,946
14,047
53,208
5,302
28,726
5,102
54,663
5,170
22,561
18,127
111,101
20,351
11,685
79,065
4,019
663,175
550,162
1,526
25,226
12,632
46,037
78,039
50,471
27,568
37,938
48,468
26,586
24,533
39,996
14,451
53,495
5,174
28,310
5,233
56,247
5,304
22,707
18,260
113,014
20,688
11,886
80,440
4,621
665,417
550,924
1,582
25,355
13,023
45,862
76,785
49,255
27,530
37,752
48,557
27,205
23,959
39,853
14,383
53,750
5,196
28,089
5,372
57,656
5,416
22,899
18,228
114,493
20,953
12,029
81,510
5,104
669,704
553,591
1,589
26,157
13,186
46,182
76,502
48,878
27,624
37,479
48,506
27,193
23,974
40,943
14,675
53,284
5,221
27,736
5,501
58,610
5,476
23,075
18,304
116,113
21,467
11,979
82,667
5,709
671,644
552,503
1,602
25,854
12,416
46,132
75,372
47,507
27,864
37,315
48,730
26,443
24,052
41,182
14,236
53,637
5,520
27,843
5,609
59,700
5,448
23,226
18,186
119,140
22,138
13,029
83,973
6,169
678,899
558,138
1,618
27,042
13,011
47,140
75,440
47,464
27,976
37,562
48,764
26,361
23,905
42,546
14,794
53,467
5,616
28,032
5,541
60,403
5,248
23,391
18,257
120,762
22,523
13,373
84,866
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
(D)
(D)
(D)
(D)
(D)
(D)
(D)
10,262
9,930
9,699
9,646
9,709
9,738
10,073
(D)
(D)
(D)
(D)
(D)
(D)
87,208
168,715
95,311
73,405
67,546
98,247
50,789
87,437
167,309
95,372
71,937
68,606
98,890
50,169
(D)
87,255
167,872
95,589
72,284
69,572
100,659
51,047
87,392
167,253
95,304
71,949
69,067
101,120
50,998
89,260
167,840
95,591
72,249
70,164
101,868
52,104
91,475
167,092
95,152
71,940
70,481
101,919
51,662
87,340
168,798
96,608
72,190
69,374
99,797
50,807
(D)
(D)
(D)
(D)
(D)
(D)
(D)
69,845
22,591
104,468
26,277
56,732
12,826
122,529
15,786
70,896
23,292
103,438
26,466
60,208
13,032
124,380
16,082
71,690
23,868
104,939
26,877
60,483
13,247
127,076
16,172
72,347
24,204
105,415
26,789
59,969
13,679
130,335
16,106
74,328
24,566
106,509
26,929
59,799
14,111
132,019
16,425
75,323
24,702
108,791
26,416
60,868
14,395
134,658
16,630
77,455
25,627
109,433
26,887
61,511
14,215
135,793
15,984
(D)
(D)
(D)
39,497
242,993
46,932
31,808
164,253
39,833
250,550
48,915
35,306
166,329
40,211
253,928
49,421
35,882
168,625
(D)
(D)
(D)
(D)
40,380
256,059
50,003
36,355
169,700
40,706
260,669
51,179
36,128
173,363
40,761
267,658
52,813
39,311
175,535
41,046
270,769
53,336
40,465
176,968
138
State Personal Income
November 2003
Table 2. Personal Income by Major Source and Earnings by Industry, 2001:IV-2003:II1—Continued
[Millionsofdollars, seasonallyadjustedatannual rates]
Rocky M ountain
Line
Item
2001
Far W est
2002
2003
IV
I
II
III
IV
271,806
269,607
2,199
273,963
271,213
2,750
275,997
274,207
1,790
277,739
275,628
2,112
279,810
277,581
2,229
202,762
11,465
523
191,820
50,670
29,316
1,046
203,732
11,675
512
192,568
50,875
30,520
1,350
204,003
11,708
526
192,822
51,886
31,289
1,728
205,546
11,775
531
194,303
51,815
31,622
1,670
28,270
29,170
29,561
156,032
19,172
27,558
1,092
26,466
155,596
19,679
28,457
1,595
26,862
2,199
200,563
165,331
635
4,081
(D)
16,937
19,159
13,409
5,749
9,784
14,394
(D)
(D)
11,866
3,987
18,765
3,403
7,625
1,740
15,461
2,867
7,239
(D)
35,231
7,670
3,084
24,477
2,750
200,982
164,666
665
4,079
(D)
16,606
18,646
13,231
5,414
9,720
14,545
(D)
(D)
11,636
4,092
18,383
3,098
7,909
1,805
15,744
3,083
7,468
(D)
36,315
7,954
3,423
24,938
2001
2002
2003
II"
IV
I
II
III
IV
\ r
281,091
278,616
2,474
283,849
281,112
2,737
1,535,539
1,526,842
8,696
1,552,816
1,541,927
10,889
1,573,659
1,564,561
9,099
1,585,435
1,575,395
10,040
1,597,627
1,587,447
10,180
1,609,586
1,597,448
12,138
1,622,547
1,609,408
13,138
207,327
11,841
535
196,021
51,660
32,128
1,569
208,100
11,934
542
196,708
51,658
32,725
1,563
210,144
12,014
553
198,682
51,788
33,379
1,694
1,115,862
65,483
-1 ,3 6 0
1,049,018
292,767
193,754
7,703
1,123,859
66,802
-1 ,4 0 7
1,055,650
294,087
203,079
11,005
1,133,456
67,311
-1 ,4 1 4
1,064,731
301,072
207,856
13,160
1,141,537
67,708
-1 ,4 3 2
1,072,397
299,472
213,566
16,250
1,153,489
68,263
-1 ,4 5 9
1,083,767
296,907
216,952
15,572
1,164,100
69,139
-1 ,4 8 3
1,093,478
296,387
219,721
14,310
1,173,616
69,536
-1 ,4 9 4
1,102,586
295,608
224,353
15,439
29,953
30,560
31,162
31,685
186,051
192,074
194,697
197,316
201,380
205,411
208,913
155,941
20,029
28,033
627
27,406
156,393
20,531
28,622
933
27,689
157,148
21,006
29,173
1,037
28,136
157,200
21,191
29,709
1,249
28,459
158,109
21,390
30,645
1,478
29,167
872,448
97,542
145,871
1,362
144,510
871,950
99,820
152,090
3,410
148,680
878,378
102,035
153,043
1,571
151,471
881,455
104,581
155,500
2,406
153,095
888,150
107,119
158,220
2,463
155,757
893,133
108,583
162,384
4,204
158,180
897,420
109,579
166,618
4,988
161,630
1,790
202,213
165,485
669
4,007
(D)
16,819
18,842
13,437
5,405
9,828
14,674
(D)
(D)
11,687
4,195
18,265
3,181
7,919
1,704
16,160
2,985
7,497
(D)
36,728
7,988
3,509
25,232
2,112
203,435
166,054
697
3,982
(D)
16,810
18,729
13,290
5,439
9,887
14,748
(D)
(D)
11,958
4,227
18,188
3,158
7,859
1,820
16,499
2,969
7,550
(D)
37,381
8,197
3,552
25,632
2,229
205,098
167,141
705
3,959
(D)
16,871
18,410
13,029
5,381
9,693
14,770
(D)
(D)
12,417
4,322
18,299
3,411
7,788
1,836
16,875
3,008
7,577
(D)
37,957
8,482
3,502
25,973
2,474
205,625
167,086
717
4,061
(D)
16,652
18,627
13,146
5,481
9,679
14,971
(D)
(D)
12,309
4,370
18,553
3,255
7,771
1,896
17,171
2,922
7,747
(D)
38,539
8,622
3,806
26,111
2,737
207,407
168,683
716
4,220
(D)
16,834
18,535
12,995
5,540
9,699
14,975
(D)
(D)
12,744
4,588
18,952
3,286
7,808
1,850
17,396
2,866
7,725
(D)
38,724
8,676
3,919
26,128
8,696
1,107,166
919,378
(D)
(D)
9,406
73,377
132,827
96,884
35,943
51,820
76,043
32,170
66,220
67,442
22,204
116,678
25,804
44,268
10,822
85,483
17,086
45,143
(D)
187,788
27,997
16,979
142,812
10,889
1,112,971
921,878
(D)
(D)
9,529
75,081
130,419
95,806
34,613
52,578
77,319
31,929
63,700
67,172
22,710
114,187
25,112
46,327
11,069
87,508
17,309
46,540
(D)
191,093
29,005
18,825
143,263
9,099
1,124,357
929,833
(D)
(D)
9,794
75,676
128,493
93,968
34,525
52,845
78,271
32,496
64,431
68,754
23,607
114,125
25,275
46,406
11,378
89,692
17,592
47,423
(D)
194,524
29,389
19,243
145,893
10,040
1,131,497
932,982
(D)
(D)
9,924
75,854
127,085
92,500
34,586
53,130
78,918
32,946
64,560
69,710
23,797
113,268
24,987
46,133
11,551
91,651
17,741
47,854
(D)
198,515
30,107
19,573
148,835
10,180
1,143,309
942,072
(D)
(D)
9,896
77,057
126,399
92,062
34,337
53,033
79,027
32,926
64,561
71,229
24,302
114,638
25,529
46,759
11,913
93,896
18,286
48,286
(D)
201,237
30,927
19,639
150,670
12,138
1,151,962
947,836
(D)
(D)
10,470
78,589
126,635
91,274
35,361
53,592
80,304
32,831
63,835
69,586
24,458
116,642
24,585
46,766
12,260
94,672
18,190
48,780
(D)
204,127
31,846
21,434
150,847
13,138
1,160,478
955,600
(D)
(D)
10,420
79,921
126,103
90,602
35,501
53,881
80,588
32,543
66,755
71,698
25,435
116,667
24,857
46,717
12,122
95,858
17,795
48,738
(D)
204,878
32,264
21,997
150,618
I
'
II p
In com e by place of residence
1
2
3
Personal income (lines 4 -1 1 ) .......................................
Nonfarm personal incom e........................................
Farm income (line 1 7 ) ...............................................
4
5
6
7
8
9
10
11
Earnings by place of work (lines 1 2 -1 6 or 17-4 4)
L e s s : Personal contributions for social insurance2
P l u s : Adjustment for residence3 .................................
E q u a l s : Net earnings by place of residence.............
P l u s : Dividends, interest, and re n t4 ...........................
P l u s : Transfer paym ents.................................................
State unemployment insurance benefits........
Transfers excluding State unemployment
insurance benefits.............................................
Derivation of personal incom e
E arnings by place of w ork
12
13
14
1b
16
Components of earnings:
Wage and salary disbursements............................
Other labor income.....................................................
Proprietors’ incom e5..................................................
Farm proprietors’ incom e.....................................
Nonfarm proprietors' income...............................
Earnings by industry
17
18
19
20
21
22
23
24
25
26
2/
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Farm earnings..................................................................
Nonfarm earnings............................................................
Private earnings..........................................................
Forestry, fishing, related activities, and o th e r6
Mining.........................................................................
Utilities.......................................................................
Construction.............................................................
Manufacturing.........................................................
Durable goods....................................................
Nondurable goods.............................................
Wholesale tra d e .....................................................
Retail trade...............................................................
Transportation and warehousing........................
Information...............................................................
Finance and insurance..........................................
Real estate and rental and leasing....................
Professional and technical services..................
Management of companies and enterprises...
Administrative and waste services....................
Educational services.............................................
Health care and social assistance......................
Arts, entertainment, and recreation...................
Accomodation and food services.......................
Other services, except public administration...
Government and government enterprises........
Federal, civilian.......................................................
Military.......................................................................
State and lo ca l........................................................
pPreliminary.
' Revised.
D Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the total.
1. The estimates of earnings for 2001-2003 are based on the 2002 North American Industry Classification System.
2. Personal contributions for social insurance are included in earnings by type and industry, but they are excluded from
personal income.
3. The adjustment for residence is the net inflow of the earnings of interarea commuters. For the United States, it consists
of adjustments for border workers: Wage and salary disbursements to U.S. residents commuting to Canada less wage and
salary disbursements to Canadian and Mexican residents commuting into the United States.
4. Rental income of persons includes the capital consumption adjustment.
5. Proprietors’ income includes the inventory valuation adjustment and the capital consumption adjustment.
6. “Other'’ consists of the wage and salary disbursements of U.S. residents employed by international organizations and
foreign embassies and consulates in the United States.
Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the
estimate of personal income in the national income and product accounts (NIPAs) because of differences in coverage, in the
methodologies used to prepare the estimates, and in the timing of the availability of source data. In particular, it differs from
the NIPA estimate because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and
of U.S. residents employed abroad temporarily by private U.S. firms.
D-1
November 2003
B
E
A
C
N
u
r
r
e
a t io n a l,
n
t
a
n
d
I n t e r n a t io n a l,
H
i
a n d
s
t
o
r
i
c
a
R e g io n a l D
l
D
a
t
a
a t a
This section presents an extensive selection of economic statistics prepared by the Bureau of Economic Analysis (BEA) and
a brief selection of collateral statistics prepared by other Government agencies and private organizations. Series that origi
nate in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are provided
through the courtesy of the compilers and are subject to their copyrights.
BEA’s economic statistics are available on BEA’s Web site at <www.bea.gov>. The site contains data, articles, news re
leases, and other information from BEA’s national, industry, international, and regional programs.
The tables present annual [A], quarterly [Q], and monthly [M] data
National Data
A. Selected NIPA tables [A, Q]
S. Summary tables....................................................D-2
1. National product and income..............................D-3
2. Personal income and outlays................................D-7
3. Government current receipts and expenditures.... D-8
4. Foreign transactions........................................... D-12
5. Saving and investment....................................... D-14
6. Income and employment by industry................ D-17
7. Quantity and price indexes.................................D-18
8. Supplemental tables........................................... D-2 5
B. Other NIPA and NIPA-related tables
B.l Personal income [A, M ]...................................D-30
B.2 Disposition of personal income [A, M]............D-30
B.3 Gross domestic product by industry [A]..........D -31
B.4 Personal consumption expenditures by
type [A]...........................................................D-32
B.5 Private fixed investment in structures by
type [A]...........................................................D-33
B.6 Private fixed investment in equipment and
software by type [A]....................................... D-33
B.7 Compensation and wage and salary accruals by
industry [A].................................................... D-34
B.8 Employment by industry [A]........................... D-35
B.9 Wage and salary accruals by employee and by
industry [A].................................................... D-36
B.10 Farm sector output, gross product, and
national income [A]....................................... D-3 7
B. 11 Housing sector output, gross product, and
national income [A]....................................... D-3 7
B.l 2 Net stock of private fixed assets by
type [A]...........................................................D-38
C. Historical measures
C.l GDP and other major NIPA aggregates...........D-39
D. Domestic perspectives [A, Q, M ]............................D-42
E. Charts
Selected NIPA series................................................ D-44
Other indicators of the domestic economy.............D-50
In te rn a tio n a l D ata
F. Transactions tables
F. 1 U.S. international transactions in goods
and services [A, M ]........................................ D-52
F.2 U.S. international transactions [A, Q ] ............. D-53
F.3 U.S. international transactions by area [Q ]......D-54
F.4 Private services transactions [A]....................... D-57
G. Investment tables [A]
G.l U.S. international investment position........... D-58
G.2 USDIA: Selected items ....................................D-59
G.3 Selected financial and operating data of foreign
affiliates of U.S. companies.............................D-60
G.4 FDIUS: Selected items......................................D-61
G.5 Selected financial and operating data of US.
affiliates of foreign companies........................ D-62
H. International perspectives [A, Q, M] .................... D-63
I. Charts
The United States in the international economy.....D-64
R egional D a ta
J. State and regional tables
J.l Personal income [Q].......................................... D-65
J.2 Personal income and per capita
personal income [A]...................................... D-66
J.3 Disposable personal income and per capita
disposable personal income [A]..................... D-67
J.4 Gross state product [A]..................................... D-68
K. Local area table
K. 1 Personal income and per capita personal income
by metropolitan area [A]................................D-69
L. Charts
Selected regional estimates......................................D-71
A ppendixes
A: Additional information about the NIPA estimates
Statistical conventions............................................. D-73
Reconciliation tables [A, Q ]....................................D-74
B: Suggested reading....................................................D-75
November 2003
D-2
National Data
A. Selected NIPA Tables
The tables in this section include the most recent estimates of gross domestic product and its components; these
estimates were released on October 30, 2003, and include the “advance” estimates for the third quarter of 2003.
The selected set of N IPA tables shown in this section presents quarterly estimates, which are updated monthly.
In most of these tables, annual estimates are also shown.
The news release on gross domestic product is available within minutes of the time of release, and the “ Selected
N IPA Tables” are available later that day on BEA’s Web site <www.bea.gov>.
The “ Selected N IPA Tables” are also available on printouts or diskettes from BEA. To order, call the BEA Order
Desk at 1-800-704-0415 (outside the United States, 202-606-9666).
S. Sum m ary T a b le s ___________________________________
Table S.1. Summary of Percent Change From Preceding Period in Real
Gross Domestic Product and Related Measures
Table S.2. Summary of Contributions to Percent Change in Real Gross
Domestic Product
[P e rc e n t]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
2001
2002
2002
2003
IV
III
4.0
I
1.4
II
1.4
III
3.3
7.2
.3
2.4
2.5
3.1
4.2
1.7
2.0
3.8
6.6
Durable g o o d s..........................
Nondurable g o o d s ..................
S e rv ic e s ......................................
6.0
2 .0
2.0
7 .3
3 .2
2 .2
2 2 .8
1.0
2.3
-8 .2
5.1
2.2
- 2 .0
6.1
.9
24 .3
1.4
1.4
2 6 .9
7 .9
2.2
Gross private domestic
investment............................
-1 0.7
1.0
3.6
6.3
-5 .3
2.0
9.3
- 3 .8
-5 .2
- 1 .7
- 6 .4
.3
-3 .1
-5 .7
- 1 6 .4
- 1 .7
3 .9
-.3
-.8
- 2 1 .4
6.7
1.1
4 .4
2.3
-9 .9
6 .2
9.4
- .1
- 4 .4
- 2 .9
- 4 .8
10.1
7.1
7.3
4.2
8 .3
6.6
14 .0
11.1
- 2 .4
1 5 .4
2 0 .4
Net exports of goods and
services.................................
- 5 .8
- 1 1 .5
8 .0
7 .4
6.2
13 .0
- 1 .0
-1 .6
.5
8.8
13.5
- 1 1 .4
9.3
7 .6
13.2
.1
- 2 .6
13 .9
.4
8.5
1.3
.7
- 3 .3
8.4
.2
2 5 .5
4 5 .8
-5 .4
-.2
1 .4
.0
4.1
1.3
- 1 .3
1.9
- 8 .0
- 6 .2
- 6 .7
- 4 .0
E xports........................................
G ood s......................................
Services..................................
Im p o r ts .......................................
G ood s......................................
Services..................................
-5 .4
- 5 .9
^ .0
- 2 .9
- 3 .3
-.5
-1 .6
-3 .6
3 .2
3 .7
3 .9
2.1
4 .6
4.1
5 .9
3 .3
3 .4
3.1
Government consumption
expenditures and gross
investment............................
3.7
4.4
2.9
4.6
Fe d e ra l.........................................
National d efen se.................
N o n d e fe n s e..........................
State and local..........................
4.8
5 .0
4 .5
3.1
7 .5
9 .3
4 .3
2 .8
4 .3
6 .9
-.3
2.2
1 1 .0
1 1 .0
11.1
1.2
1.5
.4
1.8
3 .0
3 .4
3 .9
1.1
2.9
2 .3
.6
4 .0
4 .4
7.8
6 .0
1.6
.2
1.8
2 .4
2.1
4 .2
3.3
4 .4
1.8
2.6
1.4
1.4
1.4
1.4
1.6
5.1
3.5
2.6
6.6
Addenda:
Final sales of dom estic
p rodu ct....................................
Gross dom estic purchases..
Final sales to dom estic
purchasers.............................
Gross national p ro d u c t.........
Disposable personal incom e
7.2
N o t e . P e r c e n t c h a n g e s f r o m p re c e d in g p e r io d in th e c u r r e n t- d o lla r a n d p ric e m e a s u r e s f o r t h e s e s e r ie s a re
s h o w n in ta b le 8 .1 .
2002
Percent change at annual rate:
Gross domestic product.....
Percentage points at annual
rates:
Personal consumption
expenditures....................
2003
IV
III
Gross domestic product..
Personal consumption
expenditures.........................
Fixed in v e s tm e n t.....................
N o n re sid en tial.....................
S tru c tu res.........................
Equipm ent and softw are
Residential.............................
Change in private inventories
2002
2001
II
I
.3
2.4
4.0
1.4
III
1.4
3.3
7.2
1.67
2.15
2.93
1.19
1.40
2.68
4.66
Durable g o o d s .....................
Nondurable g o o d s .............
S ervices..................................
.48
.39
.80
.59
.64
.92
1.74
.22
.97
- .7 2
1.01
.90
-.1 7
1.21
.36
1.79
.28
.60
2 .0 5
1.61
1 .0 0
Gross private domestic
investment........................
-1 .9 0
.15
.55
.93
-.8 3
.30
1.37
- .6 5
- .6 6
- .0 5
-.5 0
- .6 8
- .5 2
- .0 3
- .0 8
-.6 2
.65
.24
- .2 5
-.0 2
- .4 7
-.0 7
1.05
.74
.10
2.0 4
1.1 2
- .0 5
- .6 1
.01
- .1 5
.18
.53
.05
.49
.41
-.4 0
.45
.64
.31
1.18
.92
Fixed in v e s tm e n t................
N onresidential.................
S tru c tu res....................
Equipm ent and
s o ftw a re ..................
R esidential.......................
Change in private
inventories........................
- 1 .2 4
.65
.58
.28
- .8 2
- .7 4
- .6 7
Net exports of goods and
services............................
-.1 8
-.6 7
-.01
-1 .5 9
.78
-1 .2 9
.84
E xpo rts...................................
G o o d s .................................
S erv ices.............................
Im p o rts ...................................
G o o d s.................................
S erv ices.............................
-.5 9
-.4 7
-.1 3
.42
.40
.01
- .1 7
- .2 6
.09
- .5 0
- .4 3
- .0 7
.45
.28
.17
- .4 7
-.4 0
-.0 7
-.5 9
- .8 2
.23
- 1 .0 0
- .7 1
- .3 0
-.1 3
.13
- .2 5
.91
.81
.10
- .0 9
- .1 0
.02
-1 .2 1
- 1 .5 0
.30
.88
.50
.38
- .0 4
.29
- .3 3
Government consumption
expenditures and gross
investment.......................
.65
.81
.56
.85
.08
1.59
.27
Federal....................................
National d e fe n s e ............
N ondefense......................
State and lo ca l.....................
.29
.19
.10
.36
.47
.37
.10
.34
.29
.29
-.0 1
.27
.70
.46
.25
.15
.05
- .1 5
.20
.03
1.61
1.74
- .1 3
- .0 2
.11
.01
.10
.16
Note. More detailed contributions to percent change in real gross domestic product are shown in table 8.2.
Contributions to percent change in major components of real gross domestic product are shown in tables 8.3
through 8.6.
D-3
Survey of Current Business
November 2003
1. National Product and Incom e_________________________________________________________
Table 1.1. Gross Domestic Product
Table 1.2. Real Gross Domestic Product
[B illio n s o f d o lla rs ]
[B illio n s o f chain ed ( 1 9 9 6 ) d o lla rs ]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
2001
2002
2002
III
Gross domestic
product..............
Personal consumption
expenditures............
2001
2003
IV
II
I
10,082.2 10,446.2 10,506.2 10,588.8 10,688.4 10,802.7 11,038.4
7,303.7
7,360.7
7,425.4
7,512.5
7,598.6
7,766.5
Durable g o o d s............
Nondurable g oods....
S e rv ic e s ........................
8 3 5 .9
2 ,0 4 1 .3
4 ,1 0 9 .9
8 7 1 .9
2 ,1 1 5 .0
4 ,3 1 6 .8
8 9 7 .8
2 ,1 1 6 .9
4 ,3 4 6 .0
8 7 3 .9
2 ,1 5 0 .0
4 ,4 0 1 .5
8 6 1 .2
2 ,2 0 6 .8
4 ,4 4 4 .6
9 0 0 .5
2 ,2 0 3 .3
4 ,4 9 4 .8
9 4 7 .0
2 ,2 6 5 .8
4 ,5 5 3 .8
Gross private domestic
investment................
1,586.0
1,593.2
1,597.3
1,628.1
1,611.2
1,616.5
1,656.0
1 ,6 4 6 .3
1 ,2 0 1 .6
3 2 4 .5
1 ,5 8 9 .3
1 ,1 1 7 .4
269 .3
1 ,5 7 9 .7
1 ,1 0 9 .8
2 5 9 .4
1 ,6 0 3 .6
1,117.1
2 54.2
1 ,6 1 0 .7
1 ,1 0 3 .4
2 5 4 .9
1 ,6 3 5 .0
1 ,1 1 9 .0
2 5 7 .3
1 ,6 9 3 .0
1 ,1 4 9 .8
257.1
877.1
4 4 4 .8
848.1
4 7 1 .9
850 .4
46 9 .9
8 6 3 .0
4 8 6 .5
8 4 8 .6
5 0 7 .3
8 6 1 .7
5 1 6 .0
8 9 2 .7
543 .2
- 6 0 .3
3.9
17.6
24 .5
.4
- 1 8 .5
- 3 7 .0
2002
III
III
6,987.0
Fixed in v e s tm e n t.......
N o n re s id e n tia i.......
S tru c tu res ..........
Equipm ent and
so ftw a re .........
R esidential..............
Change in private
inventories..............
2002
Gross domestic product..
Personal consumption
expenditures.........................
Durable go o d s..........................
Nondurable go o d s..................
S e rv ic e s ......................................
Gross private domestic
investment............................
Fixed in v e s tm e n t.....................
N o n re sid en tiai.....................
S tru c tu res.........................
Equipm ent and softw are
Residential.............................
Change in private inventories
2003
IV
I
II
III
9,518.2 9,552.0
9,629.4 9,797.2
6,377.2
6,576.0 6,609.9 6,637.9 6.670.9
6,733.9 6,842.1
9 3 1 .9
1 .8 6 9 .8
3 .5 9 4 .9
9 9 9 .9
1 .9 2 9 .5
3 .6 7 5 .6
9,214.5 9,439.9 9,485.6
1 ,1 2 6 .6
2 ,0 2 3 .7
3 ,7 4 8 .5
1 ,0 1 0 .6
1 .9 5 0 .0
3 .7 0 7 .0
1 ,0 0 5 .4
1 .9 7 8 .9
3 .7 1 4 .9
1 .0 6 1 .5
1 .9 8 5 .6
3 ,7 2 8 .0
1,574.6 1,589.6 1,598.0 1.622.4
1,600.4
1.608.3 1,644.5
1 ,5 8 7 .9
1,172.1
2 1 1 .0
9 7 9 .9
4 0 5 .5
4 .8
1 .6 1 5 .3
1 ,1 9 3 .0
2 1 3 .2
9 9 9 .5
4 1 2 .0
- 1 7 .6
1 ,6 2 7 .4
1,255.1
2 7 0 .9
9 8 8 .2
3 7 3 .5
- 6 1 .4
1 .5 7 7 .3
1 .1 8 3 .4
22 6 .4
971.1
38 8 .2
5.2
1 ,0 3 2 .4
1 ,9 2 5 .8
3 ,6 8 7 .0
1 .5 7 1 .6
1 .1 7 8 .7
2 1 8 .2
9 7 7 .2
387.1
18 .8
1 .5 8 8 .5
1 ,1 8 5 .3
2 1 2 .6
992.1
3 9 5 .9
2 5 .8
1,669.1
1 ,2 2 4 .9
21 1 .9
1 ,0 3 6 .0
43 1 .6
- 3 5 .8
Net exports of goods and
services................................
—415.9
-4 88.5
-488.0
-532.2
-510.3
-546.1
-522.6
E xpo rts........................................
G ood s......................................
Services..................................
Im p o r ts .......................................
G o o d s......................................
Services..................................
1,076.1
78 5 .2
29 2 .0
1 ,4 9 2 .0
1 ,2 7 0 .5
2 2 2 .4
1 ,0 5 8 .8
7 5 6 .9
3 0 1 .5
1 ,5 4 7 .4
1,320.1
2 2 7 .2
1 .0 7 7 .7
7 7 3 .5
3 0 4 .0
1 .5 6 5 .7
1 ,3 4 0 .3
2 2 6 .0
1 ,0 6 1 .6
7 5 0 .3
3 1 0 .0
1 .5 9 3 .8
1 .3 6 0 .8
2 3 3 .0
1,058.1
7 5 3 .9
3 0 3 .5
1 .5 6 8 .4
1 .3 3 7 .4
2 3 0 .7
1 ,0 5 5 .5
75 0 .8
30 3 .9
1 ,6 0 1 .7
1 ,3 8 0 .4
22 3 .8
1 .0 7 9 .3
7 6 4 .7
3 1 3 .5
1 ,6 0 2 .0
1 .3 7 1 .3
2 3 1 .2
1.640.4 1,712.8 1.715.6 1.735.0
Net exports of goods
and services............
-3 48.9
-423.6
-432.9
-476.0
-487.2
-5 04.6
-488.6
E xpo rts..........................
G o o d s .......................
S erv ices....................
Im p o r ts .........................
G o o d s.......................
S erv ices....................
1,034.1
7 3 3 .5
3 0 0 .6
1 ,3 8 3 .0
1 ,1 6 7 .2
2 15.8
1 ,0 1 4 .9
7 0 3 .6
3 1 1 .3
1 ,4 3 8 .5
1,192.1
2 4 6 .4
1 ,0 3 8 .6
7 2 2 .6
3 1 6 .0
1 ,4 7 1 .5
1 ,2 2 0 .9
2 5 0 .6
1 ,0 2 5 .4
7 0 2 .6
3 2 2 .8
1 ,5 0 1 .4
1 ,2 4 2 .5
2 5 8 .9
1 ,0 3 1 .8
7 1 1 .9
3 1 9 .9
1 ,5 1 9 .0
1,256.1
2 6 2 .9
1 ,0 3 1 .5
7 1 1 .9
3 1 9 .6
1,536.1
1,274.1
2 6 2 .0
1 ,0 5 9 .7
7 2 4 .5
335.1
1 ,5 4 8 .3
1 ,2 7 4 .3
2 7 4 .0
Government consumption
expenditures and gross
investment............................
1,736.7
1,772.6 1,778.3
F e d e ra l........................................
National defen se .................
N o n d e fen se..........................
State and local..........................
5 7 0 .6
3 6 6 .0
2 0 4 .4
1 .0 6 9 .4
6 1 3 .3
4 0 0 .0
2 1 3 .3
1 ,0 9 9 .7
615.1
4 0 2 .5
2 1 2 .7
1 .1 0 0 .6
6 3 1 .4
4 1 3 .2
2 1 8 .3
1 .1 0 4 .0
6 3 2 .5
4 0 9 .7
2 2 2 .8
1 ,1 0 4 .6
6 6 9 .5
4 5 0 .2
2 1 9 .7
1,104.1
6 7 1 .7
4 5 0 .2
2 2 2 .0
1 ,1 0 7 .6
R esidual...........................................
2 2 .6
19 .9
12.1
2 2 .2
25 .2
22 .7
-.8
Government
consumption
expenditures and
gross investment....
1,858.0
1,972.9
1,981.1
2,011.3
2,052.0
2,092.2
2,104.5
Federal...........................
National defen se...
N o n d e fe n s e ............
State and local ..
628.1
3 9 9 .9
2 2 8 .2
1 ,2 2 9 .9
6 9 3 .7
4 4 7 .4
2 4 6 .3
1 ,2 7 9 .2
6 9 7 .7
4 5 1 .2
2 46.5
1 ,2 8 3 .3
7 1 6 .9
4 6 4 .7
2 5 2 .2
1 ,2 9 4 .4
7 3 5 .2
471.1
264.1
1 ,3 1 6 .8
7 7 9 .8
5 1 8 .6
261.1
1 ,3 1 2 .5
7 8 4 .4
520.1
2 6 4 .3
1 ,3 2 0 .2
Note. Percent changes from preceding period for selected items in this table are shown in table 8.1.
Note. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive. The residual line is the difference between the first line and the sum of the most detailed lines.
Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to
the percent change in real gross domestic product are shown in table 8.2.
Chain-type quantity indexes for the series in this table are shown in table 7.1.
National Data
D -4
Table 1.3. Gross Domestic Product by Major Type of Product
[Billionsof dollars]
N o v e m b e r
Table 1.4. Real Gross Domestic Product by Major Type of Product
[Billionsof chained(1996) dollars]
Seasonally adjusted at annual rates
2001
2002
2002
Gross domestic
product.............
Final sales of
dom estic p ro d u c t.
Change in private
inventories...............
Seasonally adjusted at annual rates
2003
III
IV
I
2001
II
1 0 ,4 4 2 .4
1 0 ,4 8 8 .7
10 ,5 6 4 .3
1 0 ,6 8 8 .0
1 0 ,8 2 1 .2
2002
2002
III
10,082.2 10,446.2 10,506.2 10,588.8 10,688.4 10,802.7 11,038.4
1 0 ,1 4 2 .5
2 0 0 3
1 1 ,0 7 5 .5
- 6 0 .3
3.9
17.6
24.5
.4
- 1 8 .5
- 3 7 .0
Goods............................
3,593.7
3,694.1
3,732.7
3,720.4
3,735.5
3,750.6
3,888.2
Final sale s................
Change in private
in ve n to ries .........
Durable g o o d s............
Final sale s................
Change in private
in v e n to rie s 1.......
N ondurable g o ods....
Final sale s................
Change in private
inventories 1.......
3 ,6 5 4 .0
3 ,6 9 0 .2
3 ,7 1 5 .2
3 ,6 9 5 .9
3 ,7 3 5 .0
3,76 9.1
3 ,9 2 5 .2
4.7
2.8
12.7
-.1
- 1 1 .2
-4 .1
- 4 .9
Services........................
Structures.....................
Addenda:
5,535.1
953.3
5,814.7
937.5
5,849.7
923.8
5,930.9
937.5
5,993.0
960.0
6,080.8
971.2
6,147.2
1,003.1
M o to r vehicle output
Gross dom estic
product less m otor
vehicle output
3 1 2 .0
3 4 4 .2
3 6 0 .7
3 4 9 .7
3 4 7 .4
3 4 0 .9
3 7 0 .8
9 ,7 7 0 .2
1 0 ,1 0 2 .0
1 0 ,1 4 5 .5
10,239.1
10,341.1
1 0 ,4 6 1 .8
1 0 ,6 6 7 .7
-6 0 .3
1 ,6 1 1 .4
1 ,6 7 6 .4
3.9
1 ,6 4 4 .8
1 ,6 4 3 .7
17.6
1,683.1
1 ,6 7 8 .3
24 .5
1 ,6 6 2 .7
1 ,6 3 8 .2
.4
1 ,6 3 9 .4
1 ,6 2 7 .8
- 1 8 .5
1,659.1
1 ,6 7 3 .4
- 3 7 .0
1 ,7 3 1 .3
1 ,7 6 3 .4
- 6 5 .0
1 ,9 8 2 .3
1 ,9 7 7 .6
1.1
2 ,0 4 9 .3
2 ,0 4 6 .5
4.8
2 ,0 4 9 .6
2 ,0 3 6 .9
2 4 .5
2 ,0 5 7 .7
2 ,0 5 7 .8
11.6
2 ,0 9 6 .0
2 ,1 0 7 .3
- 1 4 .3
2 ,0 9 1 .5
2 ,0 9 5 .7
-3 2 .1
2 ,1 5 6 .8
2 ,1 6 1 .7
III
Gross domestic product..
Final sales of dom estic
p ro d u ct...................................
Change in private inventories
20 0 3
IV
I
II
III
9,214.5
9,439.9 9,485.6
9,518.2 9,552.0
9,629.4 9,797.2
9 ,2 5 8 .4
- 6 1 .4
9 ,4 2 4 .4
5.2
9 ,4 5 7 .2
18.8
9,48 3.1
2 5 .8
9,63 1.1
- 1 7 .6
9 ,8 1 4 .7
- 3 5 .8
9.6
15.9
18.3
9 ,5 3 6 .2
4.8
R e s id u a l......................................
17 .5
10 .3
9.3
11.0
Goods........................................
3,589.9
3,710.1
3,754.8 3,740.1
3,760.9
3,784.0 3,919.3
Final sale s..............................
Change in private
in ventories.......................
Durable g o o d s..........................
Final sale s..............................
Change in private
inventories 1.....................
Nondurable g o o d s..................
Final sales..............................
Change in private
inventories 1.....................
3 ,6 4 3 .3
3 ,6 9 7 .6
3,72 8.1
3 ,7 0 5 .9
3 ,7 4 8 .3
3 ,7 9 1 .3
3 ,9 4 4 .4
- 6 1 .4
1 ,7 5 4 .9
1 ,8 2 3 .9
5.2
1 ,8 2 2 .8
1 ,8 1 9 .3
18 .8
1 ,8 7 2 .5
1 ,8 6 4 .6
25 .8
1 ,8 5 2 .8
1 ,8 2 3 .2
4.8
1 ,8 3 9 .7
1 ,8 2 4 .3
- 1 7 .6
1 ,8 7 5 .9
1 ,8 8 9 .6
- 3 5 .8
1 ,9 7 1 .6
2 ,0 0 5 .2
- 6 7 .9
1 ,8 3 4 .2
1 ,8 2 5 .6
1.4
1 ,8 8 8 .2
1 ,8 7 9 .9
5.0
1 ,8 8 8 .0
1 ,8 7 0 .2
25.1
1 ,8 9 0 .8
1 ,8 8 4 .2
12.2
1 ,9 2 0 .5
1 ,9 2 1 .9
- 1 4 .5
1,912.1
1 ,9 0 7 .9
- 3 3 .0
1,9 5 7 .5
1 ,9 5 3 .6
3.8
13.6
1.4
- 6 .7
- 3 .6
- 4 .2
Services....................................
Structures..................................
4,826.4
797.1
Residual...........................................
4 .6
4 .8
4,959.9 4,976.4
775.0
764.0
.6
5,014.6 5,021.8
768.8
775.7
- 8 .2
.9
5,066.7 5,089.1
783.9
806.0
2.8
-.6
-1 9 .5
Addenda:
M o to r vehicle o u tp u t.............
Gross dom estic product less
m otor vehicle output
3 1 5 .9
3 5 6 .5
3 7 5 .7
3 6 2 .4
3 6 0 .8
3 5 7 .7
3 9 0 .9
8 ,8 9 6 .6
9 ,0 8 5 .0
9 ,1 1 3 .8
9 ,1 5 7 .8
9 ,1 9 2 .8
9 ,2 7 2 .4
9 ,4 1 1 .3
1. Estimates for durable goods and nondurable goods for 1997 and earlier periods are based on the 1987 Stan
1. Estimates for durable goods and nondurable goods for 1997 and earlier periods are based on the 1987 Stan
dard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry
dard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry
Classification System (NAICS).
Classification System (NAICS).
Note. Percent changes from preceding period for gross domestic product and for final sales of domestic
Note. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
product are shown in table 8.1.
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive. The residual line following change in private inventories is the difference between gross domestic product
and the sum of final sales of domestic product and of change in private inventories; the residual line following
structures is the difference between gross domestic product and the sum of the detailed lines of goods, of
services, and of structures.
Percent changes from preceding period for gross domestic product and for final sales of domestic product are
shown in table 8.1.
Chain-type quantity indexes for the series in this table are shown in table 7.17.
Table 1.5. Relation of Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers
Table 1.6. Relation of Real Gross Domestic Product, Real Gross
Domestic Purchases, and Real Final Sales to Domestic Purchasers
[B illio n s o f d o lla rs]
[B illio n s o f c h ain ed ( 1 9 9 6 ) d o lla rs]
Gross domestic product 10,082.2 10,446.2 10,506.2 10,588.8 10,688.4 10,802.7 11,038.4
Less: Exports of goods
Gross domestic product.........
Less: Exports of goods and
9,214.5 9,439.9 9,485.6
9,518.2
9,552.0
9,629.4
and s e rv ic e s ................
Plus: Im ports of goods
and s erv ices................
serv ices.......................................
Plus: Im ports of goods and
services.......................................
1,076.1
1 ,0 5 8 .8
1 ,0 7 7 .7
1 ,0 6 1 .6
1,05 8.1
1 ,0 5 5 .5
1,0 7 9 .3
1 ,4 9 2 .0
1 ,5 4 7 .4
1 ,5 6 5 .7
1 ,5 9 3 .8
1 ,5 6 8 .4
1 ,6 0 1 .7
1 ,6 0 2 .0
E q u a l s : Gross domestic
purchases.................
Less: Change in private
inventories....................
Final sales to
domestic purchasers
1,03 4.1
1 ,0 1 4 .9
1 ,0 3 8 .6
1 ,0 2 5 .4
1 ,0 3 1 .8
1 ,0 3 1 .5
1 ,0 5 9 .7
1 ,3 8 3 .0
1 ,4 3 8 .5
1 ,4 7 1 .5
1 ,5 0 1 .4
1 ,5 1 9 .0
1,536.1
1 ,5 4 8 .3
Gross domestic
purchases.............................
Less: Change in private
E q u a ls :
10,431.0 10,869.9 10,939.1 11,064.8 11,175.6 11,307.3 11,527.1
- 6 0 .3
3.9
17.6
24 .5
.4
- 1 8 .5
- 3 7 .0
E q u a ls :
in v e n to rie s ................................
Final sales to
domestic purchasers..........
9,600.7 9,889.8 9,934.7 10,005.5 10,020.7 10,129.4 10,277.5
- 6 1 .4
5.2
18.8
2 5 .8
4 .8
-1 7 .6
10,491.4 10,866.0 10,921.5 11,040.3 11,175.2 11,325.8 11,564.1
9,644.9 9,874.1 9,906.1
9,970.1 10,004.7 10,131.0 10,294.9
Note. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive.
Percent changes from preceding period for selected series in this table are shown in table 8.1.
Chain-type quantity indexes for selected series in this table are shown in table 7.2.
Table 1.7. Gross Domestic Product by Sector
Table 1.8. Real Gross Domestic Product by Sector
[B illio n s o f d o lla rs ]
[B illio n s o f c h a in e d ( 1 9 9 6 ) d o lla rs ]
N o n fa rm 2....................
Nonfarm less
h ou sin g ................
H o u sin g ....................
F a rm ...............................
- 3 5 .8
E q u a ls :
Note. Percent changes from preceding period for selected items in this table are shown in table 8.1.
Gross domestic
product.............
Business 1....................
9,797.2
10,082.2 10,446.2 10,506.2 10,588.8 10,688.4 10,802.7 11,038.4
8,482.7 8,759.1 8,808.6 8,871.4 8,938.0 9,040.5 9,267.2
Gross domestic product..
Business1.................................
9,214.5 9,439.9 9,485.6
7,838.3 8,032.8 8,075.1
9,518.2
8,099.8
9,552.0
8,127.2
9,629.4 9,797.2
8,201.4 8,370.4
N o n fa rm 2...................................
Nonfarm less h o u s in g .....
H o u sin g ..................................
F arm .............................................
7 ,7 2 4 .7
7 ,0 1 2 .9
7 1 2 .6
1 1 4 .3
7 ,9 1 7 .7
7 ,2 0 8 .9
7 1 1 .7
1 1 4 .7
7 ,9 6 1 .0
7 ,2 5 2 .6
7 1 1 .7
1 12.9
7 ,9 8 3 .9
7 ,2 8 5 .5
7 0 3 .2
1 15.5
8 ,0 1 0 .7
7 ,3 1 1 .9
70 3 .8
116.2
8 ,0 8 6 .7
7 ,3 9 9 .2
6 9 4 .7
1 1 3 .0
8 ,2 5 3 .8
7 ,5 6 0 .4
7 0 1 .7
1 1 4 .8
8,40 2.1
8 ,6 8 0 .2
8 ,7 3 1 .3
8 ,7 9 0 .3
8 ,8 5 2 .2
8 ,9 5 3 .5
9 ,1 7 3 .9
7,57 1.1
831.1
80 .6
7 ,8 1 4 .4
8 6 5 .8
7 8 .9
7 ,8 6 2 .0
8 69.2
77.4
7 ,9 2 5 .2
865.1
81.1
7 ,9 8 0 .7
8 7 1 .5
85 .8
8 ,0 9 1 .2
8 6 2 .2
87 .0
8 ,2 9 8 .5
875 .3
93 .4
Households and institutions..
398.7
407.7
409.0
411.8
414.0
415.3
417.0
Households and
institutions................
Private households.................
Nonprofit in stitu tio n s............
10.1
3 8 8 .7
8 .8
3 9 8 .9
8.9
4 0 0 .3
9 .0
4 0 2 .9
9.1
4 0 5 .0
459.6
486.1
490.5
9.2
4 0 6 .2
9.3
4 0 7 .7
499.9
508.7
510.8
515.8
Private households...
N onprofit institutions
1 1 .9
4 4 7 .7
1 0 .8
4 7 5 .3
10 .8
4 7 9 .7
11.0
4 8 8 .9
11.2
4 9 7 .5
11.5
4 9 9 .3
11.7
504.1
General government3.............
978.5 1,000.9
1,003.2
1,008.1
1,012.2
General government3.
1,139.8
1,201.1
1,207.1
1,217.4
1,241.7
1,251.4
1,255.4
Federal...........................
State and local
3 3 2 .8
8 0 7 .0
3 5 5 .6
8 4 5 .5
3 5 7 .7
8 4 9 .3
3 6 0 .5
8 5 7 .0
3 7 8 .6
863.1
3 8 4 .5
8 6 6 .9
3 8 5 .4
8 7 0 .0
1. Equals gross domestic product less gross product of households and institutions and of general govern
ment.
2. Equals gross domestic business product less gross farm product.
3. Equals compensation of general government employees plus general government consumption of fixed
capital as shown in table 3.7.
1,015.0 1,014.9
F e d e ra l........................................
State and local..........................
2 9 1 .3
6 8 7 .0
2 9 7 .5
703.1
2 9 8 .5
7 0 4 .4
3 0 1 .3
7 0 6 .5
3 0 4 .7
707.1
3 0 8 .7
7 0 5 .9
309.1
7 0 5 .5
R esidual...........................................
-2 .4
-3 .7
-3 .7
-5 .7
- 5 .8
- 7 .5
- 1 1 .3
1. Equals gross domestic product less gross product of households and institutions and of general govern
ment.
2. Equals gross domestic business product less gross farm product.
3. Equals compensation of general government employees plus general government consumption of fixed
capital as shown in table 3.8.
Note. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive. The residual line is the difference between the first line and the sum of the most detailed lines.
Chain-type quantity indexes for the series in this table are shown in table 7.14.
D-5
Survey of Current Business
November 2003
Table 1.10. Relation of Real Gross Domestic Product, Real Gross
National Product, and Real Net National Product
[Billionsof chained(1996) dollars]
Table 1.9. Relation of Gross Domestic Product, Gross National Product,
Net National Product, National Income, and Personal Income
[Billionsof dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
2 002
2002
2001
2001
2003
2002
2002
III
Gross d o m e stic product
P l u s : Incom e receipts
from the rest of the
w o rld ..............................
L e s s : Incom e paym ents
to the rest of the
w o rld ..............................
10,082.2 10,446.2 10.506.2 10,588.8 10,688.4 10,802.7 11,038.4
Incom e receipts from the
rest of the w o rld ......................
L e s s : Incom e paym ents to the
rest of the w o rld ......................
3 1 6 .9
2 9 5 .0
2 7 8 .0
2 87.6
2 87.3
2 9 8 .2
2 84.2
2 93.4
2 8 1 .3
2 91.5
282.4
9,552.0
III
9,629.4 9,797.2
2 5 3 .3
2 61.3
2 5 7 .5
2 5 2 .5
2 6 9 .2
2 6 0 .3
2 6 9 .5
2 6 4 .2
2 6 0 .4
2 5 5 .4
9,433.5 9,477.9
9,512.1
9,544.7
9,628.0
1 ,3 2 0 .8
1 ,1 1 0 .7
2 1 0 .9
1 79.2
3 1 .7
1 ,3 9 9 .9
1 ,1 8 4 .5
2 1 6 .6
1 8 5 .4
3 1 .2
1 ,4 3 3 .7
1 ,2 1 6 .0
219.1
1 87.5
3 1 .6
1 ,4 4 8 .7
1 ,2 2 9 .4
2 2 0 .8
189.1
31 .7
1 ,4 6 4 .8
1 ,2 4 3 .9
2 2 2 .5
1 9 0 .6
3 1 .9
8,097.2 8,116.2
8,184.1
9 ,5 8 8 .5
9 ,5 8 2 .4
8 ,1 0 3 .0
9 ,6 9 1 .7
9 .6 9 0 .3
8 .1 8 5 .3
1 .3 2 9 .3
1 ,1 0 6 .8
1,3 9 3 .5
1 ,1 6 3 .9
1 ,4 0 5 .3
1 .1 7 4 .8
1 ,4 1 5 .4
1 ,1 8 2 .7
1 .4 2 1 .4
1 ,1 8 5 .9
1 ,4 1 8 .4
1 ,1 8 0 .9
1 ,4 2 4 .7
1,185.1
Consum ption of fixed
capital...........................................
P riva te..........................................
G o v e rn m e n t..............................
General g o v e rn m e n t.........
Governm ent en te rp ris e s ..
8,049.7 8,078.2
1 .3 2 0 .0
1 .3 1 7 .9
1 .3 1 5 .9
1 .3 2 3 .5
1 ,4 1 9 .2
1 ,4 6 3 .3
Equals: Net national product.
Addenda:
7,928.1
1 .1 6 8 .4
6 1 .6
2 2 2 .4
156.1
2 2 9 .6
143.1
230 .5
133.3
2 3 2 .7
137 .6
2 35.5
238.3
237.5
278.3
2 3 9 .7
Gross dom estic incom e 1 ....
Gross national in c o m e 2........
Net dom estic p ro d u ct............
9 ,3 2 1 .7
9 ,3 4 4 .5
7 ,9 0 5 .4
9 ,5 3 8 .3
9 ,5 3 2 .0
8 ,0 5 5 .8
1 87.7
1 95.0
1 95.7
197 .6
2 0 0 .0
2 0 1 .7
2 0 3 .6
36.1
3 4 .8
3 4 .6
3 4 .8
35.1
35 .5
35 .8
9,043.2
9,090.0
9,164.3
9,256.8
9,380.6
7 7 4 .8
8 0 0 .4
8 0 6 .9
8 1 3 .3
8 2 1 .7
8 3 3 .6
8 4 7 .4
42 .5
-1 1 7 .3
44.1
- 1 0 8 .8
4 4 .4
-8 2 .1
4 4 .3
- 7 8 .2
4 4 .9
- 7 4 .6
4 4 .8
- 6 9 .8
45 .6
4 7 .3
3 2 .5
29.1
29.0
3 0 .7
4 5 .9
3 7 .9
8 ,1 2 2 .0
8.340.1
8.349.9
8.413.9
8.495.5
8,618.0
7 3 1 .6
6 49.8
7 8 7 .4
6 84.2
7 7 1 .0
6 8 7 .6
796.1
6 9 8 .3
8 16.5
7 03.3
897.1
7 0 6 .6
7 0 7 .6
726.1
7 4 6 .5
7 4 8 .8
7 5 0 .9
7 6 2 .0
7 6 5 .8
7 7 0 .3
.0
.0
.0
.0
1.4
-1 .4
.0
1 .0 9 1 .3
1 ,0 7 8 .5
1 ,0 8 0 .7
1 ,0 8 0 .9
1 .0 7 5 .8
1 ,0 8 1 .5
1 ,0 8 2 .0
4 09.2
4 3 3 .8
4 3 7 .3
4 4 3 .8
4 5 1 .2
4 5 9 .0
4 6 6 .5
1 ,1 3 7 .0
1 ,2 5 2 .9
1,263.1
1 .2 8 3 .5
1 .3 0 4 .9
1 ,3 2 9 .3
1 ,3 4 6 .6
33 .4
35.1
35 .3
35 .6
35 .9
36 .3
36 .6
in c o m e ..........................
8.685.3
8,922.2
8,958.9
9.012.5
9,080.2
9,156.0
9,247.0
Addenda:
Gross dom estic
incom e......................
Gross national incom e
Net dom estic product
1 0 .1 9 9 .4
1 0 .2 2 1 .4
8 ,7 5 2 .9
10,555.1
1 0 ,5 4 5 .5
9 ,0 5 2 .8
1 0 .5 8 8 .3
1 0 .5 7 7 .4
9 ,1 0 1 .0
1 0 ,6 6 7 .0
1 0 ,6 5 7 .9
9 ,1 7 3 .4
1 0 ,7 6 3 .0
1 0 ,7 5 2 .8
9 ,2 6 7 .0
1 0 ,8 7 2 .5
1 0 ,8 6 8 .9
9 ,3 8 4 .3
9 ,6 1 3 .7
9 ,5 5 9 .7
9,55 2.1
8 ,0 8 5 .5
9 ,6 1 8 .7
9 ,6 1 1 .4
8 ,1 2 3 .2
1 ,4 8 8 .9
1 ,2 6 6 .6
2 2 4 .2
192.1
32.1
8 ,3 2 9 .2
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chaineddollar estimates are usually not additive.
The chain-type quantity index for gross national product is shown in table 7.3.
Equals: N atio n al
Less:
1 ,4 1 7 .0
1 ,2 0 0 .9
2 1 7 .5
186.1
31.3
2. Gross national income deflated by the implicit price deflator for gross national product.
N ote. Except as noted in footnotes 1 and 2, chained (1 9 9 6 ) dollar series are calculated as the product of the
chain-type quantity index and the 1 9 9 6 current-dollar value of the corresponding series, divided by 1 0 0 . Because
Table 1.11. Command-Basis Real Gross National Product
[Billions of chained (1996) dollars]
Gross national product...........
Equals: P ersonal
2 5 3 .4
Less:
10,104.1 10,436.7 10.495.3 10,579.7 10,678.2 10,799.1
8,774.8
in c o m e ..........................
Corporate profits
with inventory
valuation and capital
consum ption
a d ju s tm e n ts ................
Net interest..................
Contributions for
social insurance....
W age accruals less
disbu rsem ents.......
P l u s : Personal interest
in c o m e ..........................
Personal dividend
incom e......................
Governm ent transfer
paym ents to
p e rs o n s ....................
Business transfer
paym ents to
p e rs o n s ....................
9,439.9 9,485.6 9,518.2
II
2 9 2 .0
Equals: Gross national product 9,237.3
2 8 6 .0
Equals: N et n atio n al
pro d u ct..........................
L e s s : Indirect business
tax and nontax liability
Business transfer
p aym en ts.................
Statistical discrepancy
P l u s : Subsidies less
current surplus of
governm ent
e n te rp ris e s ..................
9,214.5
I
P lu s :
Equals: Gross n atio n al
p rodu ct..........................
L e s s : C onsum ption of
fixed c a p ita l.................
P riv a te ...........................
Capital
consum ption
allo w an ces.........
L e s s : Capital
consum ption
a d ju s tm en t.........
G o v e rn m e n t................
General
g overnm ent........
Governm ent
en terprises.........
Gross domestic product.........
2003
IV
Exports of goods and
services and incom e receipts
from the rest of the w o rld ...
P l u s : Com m and-basis exports
of goods and services and
incom e receipts from the
rest of the w orld 1.............
9,237.3
9,433.5 9,477.9
9,512.1
9,544.7
9,628.0
1 ,3 6 6 .5
1,307.1
1 ,3 3 4 .2
1 ,3 1 4 .4
1 ,3 0 5 .5
1 ,3 0 4 .0
1 ,4 1 0 .0
1 ,3 4 4 .4
1 ,3 6 5 .6
1 ,3 4 5 .4
1 ,3 1 6 .2
1 ,3 2 7 .9
9,280.9
9,470.8 9,509.3
9,543.1
9,555.4
9,651.9
1 02.4
1 0 2 .4
1 0 0 .8
1 0 1 .8
Less:
Equals: Command-basis gross
national product..................
Addendum:
Term s of trade 2........................
1 03.2
1 0 2 .8
1. Exports of goods and services and income receipts deflated by the implicit price deflator for imports of
goods and services and income payments.
2. Ratio of the implicit price deflator for exports of goods and services and income receipts to the corre
sponding implicit price deflator for imports divided by 100.
Note. Chained (1 9 9 6 ) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 1 00. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive.
Percent changes from preceding period for gross national product are shown in table 8.1.
Chain-type quantity indexes for the series in this table are shown in table 7.3.
National Data
D -6
Table 1.14. National Income by Type of Income
[Billionsof dollars]
Seasonally adjusted at annual rates
2003
2002
2001
2002
2002
C om p ensation of e m p lo y e e s .
W age and salary accruals....
G overnm ent..........................
O th e r.......................................
Supplem ents to w ages and
sala rie s ...................................
Em ployer contributions for
social in su ran ce.............
O ther labor in c o m e ............
P ro p rietors' in com e w ith
in ve ntory va lu a tio n and
cap ital consum ption
a d ju s tm e n ts ..............................
F arm ..............................................
Proprietors' incom e with
inventory valuation
ad ju s tm en t.......................
Capital consum ption
ad ju s tm en t.......................
N o n fa rm ......................................
Proprietors' in c o m e..........
Inventory valuation
ad ju s tm en t.......................
Capital consum ption
ad ju s tm en t.......................
R en ta l incom e of persons w ith
c a p ita l consum ption
a d ju s tm e n t.................................
Rental incom e of persons....
Capital consum ption
ad justm ent.............................
C orporate profits w ith
inventory v a lu a tio n and
c a p ita l consum ption
a d ju s tm e n ts ..............................
Corporate profits with
inventory valuation
adjustm ent.............................
Profits before t a x ................
Profits tax lia b ility .........
Profits after t a x ..............
D ivid en d s .....................
Undistributed profits
Inventory valuation
ad ju s tm en t.......................
Capital consum ption
adjustm ent.............................
N et in tere st.....................................
4 ,9 5 0 .6
8 1 0 .8
4 ,1 3 9 .8
4 ,9 9 6 .4
8 5 2 .8
4 .1 4 3 .6
5 .0 0 7 .4
857.1
4 ,1 5 0 .3
5 ,02 3.1
8 6 5 .4
4 ,1 5 7 .7
5 .0 5 5 .2
8 8 2 .4
4 ,1 7 2 .8
5 .0 7 7 .8
8 8 8 .9
4 .1 8 8 .9
5 ,1 0 7 .7
8 9 0 .5
4 .2 1 7 .2
9 2 4 .3
973.1
9 8 1 .0
9 9 4 .3
1 .0 0 9 .2
1 ,0 1 6 .8
1 .0 2 3 .3
3 5 3 .9
5 7 0 .4
3 6 2 .5
6 1 0 .6
3 6 3 .5
6 1 7 .5
364.1
6 3 0 .2
370.1
6 3 9 .2
3 7 1 .8
6 4 5 .0
3 7 3 .8
6 4 9 .6
727.9
756.5
758.7
771.6
784.4
804.5
833.6
19 .0
1 2.9
10.7
1 1 .7
14.2
15.4
20 .7
2 6 .7
21 .6
1 9 .6
2 0 .8
23.5
2 4 .5
29 .8
-7 .7
7 0 8 .8
6 2 1 .6
- 8 .7
7 4 3 .7
630.1
-8 .9
7 4 8 .0
6 3 5 .0
-9 .1
7 5 9 .9
646.1
- 9 .3
7 7 0 .2
6 5 7 .7
-9 .1
789.1
6 5 6 .4
-9 .1
8 1 2 .9
672.5
.9
- 1 .0
-1 .7
-.9
-3 .8
.5
- 1 .2
86 .3
114.5
1 1 4 .6
1 1 4 .7
1 16.2
132.3
141.5
137.9
142.4
144.1
130.6
126.9
115.3
2 0 4 .4
2 1 2 .0
2 1 4 .5
2 0 2 .6
2 0 1 .8
1 9 0 .0
1 2 1 .1
196.2
- 6 6 .5
- 6 9 .6
-7 0 .3
-7 2 .1
- 7 4 .9
-7 4 .7
-75.1
Gross product of
corporate b u s in e s s .....
C onsum ption of fixed c a p ita l..
Net p ro d u ct....................................
Indirect business tax and
nontax liability plus
business transfer
paym ents less subsidies..
D om estic in c o m e ...................
Compensation of
e m p lo y e e s .......................
W age and salary
accruals.........................
Supplem ents to wages
and sala ries.................
Corporate profits with
inventory valuation and
capital consum ption
ad ju s tm en ts.....................
Profits before t a x ...........
Profits tax lia b ility ....
Profits after t a x .........
D iv id e n d s ................
Undistributed
p ro fits ..................
Inventory valuation
ad ju s tm e n t..................
Capital consum ption
ad ju s tm e n t..................
Net in tere st...........................
Gross product of fin a n c ia l
corporate b u s in e s s .....
731.6
787.4
771.0
796.1
816.5
897.1
675.1
6 7 0 .2
1 99.3
4 7 0 .9
4 0 9 .6
6 1 .2
6 5 8 .3
6 6 5 .2
2 1 3 .3
4 5 1 .9
4 3 4 .3
17.6
6 5 3 .4
6 6 8 .5
2 1 4 .7
4 5 3 .8
4 3 7 .7
16.1
6 8 6 .4
6 9 4 .9
2 2 2 .4
4 7 2 .5
4 4 4 .3
2 8 .2
7 0 1 .2
728.1
2 3 7 .8
4 9 0 .2
4 5 1 .6
38 .6
698.1
7 0 0 .2
2 3 4 .3
4 6 5 .9
4 5 9 .5
6.4
4 6 7 .0
5 .0
- 6 .9
- 1 5 .1
-8 .5
- 2 6 .9
-2 .2
56 .5
129.1
1 17.6
1 0 9 .7
115.3
1 9 9 .0
2 2 9 .8
649.8
684.2
687.6
698.3
703.3
706.6
707.6
5 3 2 .3
574.1
5 5 6 .3
5 7 3 .7
5 7 8 .6
6 6 2 .7
9 1 1 .8
9 67.3
9 5 4 .7
9 6 8 .7
9 6 4 .7
1 ,0 3 5 .5
1 2 2 .7
1 3 9 .9
1 18.6
1 29.4
127.0
2 0 3 .2
789.1
8 2 7 .5
836.1
8 3 9 .3
8 3 7 .6
8 3 2 .2
5 .0
9 0 6 .8
- 6 .9
9 7 4 .2
-1 5 .1
9 6 9 .8
- 8 .5
9 7 7 .2
- 2 6 .9
9 9 1 .5
-2 .2
1 ,0 3 7 .6
834.2
II
III
Billions of dollars
Gross product of
no n fin an cial corporate
b u s in e s s ...........................
Consum ption of fixed c a p ita l..
Net p ro d u ct....................................
Indirect business tax and
nontax liability plus
business transfer
paym ents less subsidies..
D om estic in c o m e ...................
Compensation of
e m p lo y e e s .......................
W age and salary
accruals.........................
Supplem ents to w ages
and sala ries.................
Corporate profits with
inventory valuation and
capital consum ption
ad ju s tm en ts.....................
Profits before t a x ..........
Profits tax lia b ility ....
Profits after t a x .........
D iv id e n d s ................
Undistributed
p ro fits ..................
Inventory valuation
ad ju s tm e n t..................
Capital consum ption
ad ju s tm e n t..................
Net in tere st...........................
6,117.5 6,323.4 6,335.7
6,388.4 6,441.4 6,528.6
789.1
5 ,3 2 8 .4
8 2 7 .5
5 ,4 9 5 .9
836.1
5 ,4 9 9 .6
8 3 9 .3
5,549.1
8 37.6
5 ,6 0 3 .7
8 3 2 .2
5 ,6 9 6 .3
8 3 4 .2
56 5 .7
4 ,7 6 2 .7
5 9 2 .6
4 ,9 0 3 .4
5 9 8 .0
4 ,9 0 1 .6
6 0 1 .2
4 ,9 4 7 .8
6 0 6 .0
4 ,9 9 7 .8
6 0 2 .9
5 ,0 9 3 .5
6 2 3 .5
3 ,9 4 5 .6
3 ,9 8 0 .2
3 ,9 9 1 .2
4 ,0 0 8 .2
4 ,0 3 0 .8
4 ,0 4 8 .0
4 ,0 7 6 .2
3 ,3 7 8 .6
3 ,3 8 2 .0
3 ,3 8 7 .3
3 ,3 9 3 .7
3 ,4 0 6 .0
3 ,4 1 8 .9
3 ,4 4 2 .0
56 7 .0
598.1
6 0 3 .9
6 1 4 .6
6 2 4 .7
629.1
6 34.2
58 0 .9
5 1 9 .4
1 99.3
320.1
383.1
668.1
5 4 5 .9
2 1 3 .3
3 3 2 .6
3 9 2 .9
6 5 4 .9
5 52.4
2 1 4 .7
3 3 7 .7
3 7 9 .2
6 8 2 .0
5 8 0 .8
2 2 2 .4
3 5 8 .4
4 0 4 .4
7 1 0 .0
6 2 1 .6
2 3 7 .8
3 8 3 .7
4 1 2 .5
78 8 .9
592.1
23 4 .3
35 7 .7
41 9 .0
- 6 3 .0
- 6 0 .3
- 4 1 .5
- 4 6 .0
- 2 8 .7
- 6 1 .3
5 .0
- 6 .9
-1 5 .1
- 8 .5
- 2 6 .9
- 2 .2
5 6 .5
2 3 6 .3
129.1
255.1
1 17.6
2 5 5 .4
1 0 9 .7
2 5 7 .6
1 15.3
2 5 7 .0
1 9 9 .0
2 5 6 .6
763.3
830.3
830.9
833.6
851.0
859.9
5,354.2
5,493.1
5,504.8
5,554.7 5,590.4
5,668.7
65 2 .8
4 ,7 0 1 .4
6 8 6 .6
4 ,8 0 6 .5
6 9 3 .7
4,81 1.1
6 9 6 .7
4 ,8 5 8 .0
6 9 6 .2
4 ,8 9 4 .2
69 2 .3
4 ,9 7 6 .4
6 9 4 .5
5 2 3 .7
4 ,1 7 7 .7
549.1
4 ,2 5 7 .5
5 54.2
4 ,2 5 6 .9
5 5 7 .2
4 ,3 0 0 .8
5 61.3
4 ,3 3 3 .0
5 5 7 .7
4 ,4 1 8 .7
5 7 7 .5
2 2 9 .8
3 ,5 7 3 .5
3 ,6 0 5 .0
3 ,6 1 5 .0
3 ,6 3 0 .5
3 ,6 5 0 .9
3 ,6 6 6 .6
3,69 2.1
3 ,0 5 6 .4
3 ,0 5 9 .5
3 ,0 6 4 .3
3,070.1
3 ,0 8 1 .3
3 ,0 9 2 .9
3 ,1 1 3 .8
517.1
5 4 5 .5
5 5 0 .7
5 6 0 .4
5 6 9 .7
5 7 3 .7
5 78.3
4 0 7 .4
3 2 8 .8
1 23.5
2 0 5 .3
27 8 .5
4 5 8 .4
3 2 8 .6
1 31.5
1 97.0
2 8 5 .8
4 4 7 .6
3 3 6 .3
133.4
2 0 2 .9
2 7 5 .9
4 7 4 .4
3 6 4 .4
142 .2
222.1
2 9 4 .2
4 8 6 .5
3 9 1 .3
1 53.4
2 3 7 .9
300.1
5 5 7 .0
3 6 5 .5
1 5 0 .6
2 1 4 .9
3 0 4 .9
- 7 3 .2
- 9 0 .0
- 7 3 .0
-7 2 .1
- 6 2 .2
5.0
- 6 .9
-1 5 .1
-8 .5
- 2 6 .9
- 2 .2
7 3 .6
1 9 6 .8
1 3 6 .7
194.1
1 26.4
1 94.3
1 18.6
1 9 5 .9
122.1
195.5
1 9 3 .7
195 .2
I
8,618.0
6,094.5 6,131.0
I
OO
CO
CO
A ddenda:
Corporate profits after tax
w ith inventory valuation
and capital consum ption
ad ju s tm en ts ..........................
Net cash flow w ith inventory
valuation and capital
consum ption adjustm ents
Undistributed profits with
inventory valuation and
capital consum ption
ad ju s tm e n ts .....................
Consum ption of fixed
c a p ita l.................................
L e s s : Inventory valuation
ad justm ent.............................
E q u a l s : Net cash flo w ............
8,340.1 8,349.9 8,413.9 8.495.5
5,874.9 5.969.5 5.988.4 6,017.4 6.064.5
8 ,1 2 2 .0
2003
IV
III
N a tio n a l in c o m e ................
2 0 0 3
Table 1.16. Gross Product of Corporate Business in Current Dollars and
Gross Product of Nonfinancial Corporate Business in Current and Chained
Dollars
Seasonally adjusted at annual rates
2002
2001
N o v e m b e r
2 2 0 .3
Billions of chained (1 9 9 6 ) dollars
Gross product of
no n fin an cial corporate
business 1.........................
Consum ption of fixed c a p ita l2
Net p ro d u c t3..................................
5.141.8
5,301.9 5,320.7
5,357.1
5,382.1
5,464.9
67 1 .9
4 .4 6 9 .9
7 2 0 .8
4 ,5 8 1 .2
741.1
4 ,6 1 5 .9
7 4 9 .9
4 ,6 3 2 .2
75 9 .7
4 ,7 0 5 .2
7 31.4
4 ,5 8 9 .4
7 7 4 .7
1. Effective November 26, 2002, the estimates of chained-dollar gross product of nonfinancial corporate busi
ness beginning with 1999 have been revised to reflect the 2002 annual revision to the gross product price index
for nonfinancial industries.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product
of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100.
3. Chained-dollar net product of nonfinancial corporate business is the difference between the gross product
and the consumption of fixed capital.
D-7
Survey of Current Business
November 2003
2. Personal Income and Outlays
Table 2.1. Personal Income and Its Disposition
Table 2.2. Personal Consumption Expenditures by Major Type of Product
[B illio n s o f d o lla rs ]
[B illio n s o f d o lla rs]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
2001
2 002
2002
III
Personal income.....................
Wage and salary
disbursements.................
IV
8,685.3 8,922.2 8,958.9
2001
2003
I
II
9,012.5 9,080.2
9,156.0 9,247.0
5,053.8
5,079.2 5,107.7
Private industries................
G oods-producing
in d u s trie s .....................
M an u factu rin g ............
Distributive industries..
Service in d u s tries.........
G ove rnm ent..........................
4 ,1 3 9 .8
4 ,1 4 3 .6
4 ,1 5 0 .3
4 ,1 5 7 .7
4 ,1 7 2 .8
4 ,1 8 8 .9
4 ,2 1 7 .2
1 ,1 4 2 .4
7 8 9 .4
1 ,1 0 9 .2
1 ,8 8 8 .2
8 1 0 .8
1 ,1 1 5 .7
7 5 8 .7
1 ,1 1 4 .4
1 ,9 1 3 .5
852 .8
1 ,1 1 5 .2
7 5 7 .9
1 ,1 1 7 .8
1 ,9 1 7 .3
857.1
1 ,1 0 9 .3
7 5 2 .0
1 ,1 1 4 .6
1 ,9 3 3 .9
8 6 5 .4
1 ,1 0 6 .2
7 5 0 .6
1 ,1 2 1 .8
1 ,9 4 4 .8
8 8 1 .0
1 ,1 0 9 .0
7 4 7 .4
1 ,1 2 4 .5
1 ,9 5 5 .4
8 9 0 .3
1 ,1 1 1 .9
7 4 6 .5
1 ,1 3 2 .4
1 ,9 7 2 .9
8 9 0 .5
Other labor incom e............
Proprietors' income with
inventory valuation and
capital consumption
adjustments.....................
570.4
610.6
617.5
630.2
639.2
645.0
649.6
727.9
756.5
758.7
771.6
784.4
804.5
833.6
F a rm ........................................
N o n fa rm .................................
19 .0
7 0 8 .8
1 2 .9
7 4 3 .7
10 .7
7 4 8 .0
11.7
7 5 9 .9
14.2
7 7 0 .2
15 .4
789.1
20 .7
8 1 2 .9
137.9
142.4
144.1
126.9
130.6
443.8
451.2
409.2
433.8
437.3
1,091.3 1,078.5 1,080.7 1,080.9 1,075.8
115.3
121.1
459.0
466.5
1,081.5 1,082.0
1,170.4 1,288.0 1,298.4 1,319.1
1,340.8
1,365.6 1,383.2
Old-age, survivors,
disability, and health
insurance benefits.........
Governm ent
unem ploym ent
insurance benefits.........
Veterans b ene fits................
Other transfer paym en ts..
Fam ily a s sistan ce1......
O th er...................................
Personal
contributions for social
insurance..........................
L e s s : Personal tax and nontax
payments..............................
E q u a l s : Disposable personal
income...................................
L e s s : Personal outlays...........
6 6 4 .3
6 9 9 .8
7 0 1 .9
7 1 0 .8
7 2 2 .6
735.1
7 4 4 .9
3 1 .9
2 6 .7
4 4 7 .6
19 .2
4 2 8 .3
62 .9
29 .6
4 9 5 .8
19.3
4 7 6 .5
67 .6
3 0 .0
4 9 8 .9
19 .3
4 7 9 .6
64 .2
30 .5
5 1 3 .6
19 .4
4 9 4 .2
62 .0
31 .2
5 2 5 .0
19.4
5 0 5 .6
6 6 .0
3 1 .9
5 3 2 .5
19.5
5 1 3 .0
6 6 .7
32 .5
539.1
19.5
5 1 9 .6
372.3
384.0
385.3
386.8
391.9
394.0
396.5
1,111.9 1,099.0 1,090.1
1,073.6
1,082.6
982.6
Less:
Personal consum ption
expenditures.........................
Interest paid by persons.......
Personal transfer paym ents
to the rest of the w orld
(n e t)..........................................
Personal saving........
Addenda:
E q u a ls :
Disposable personal incom e:
Total, billions of chained
(1 9 9 6 ) d o lla rs 2..............
Per capita:
Current d o lla rs ................
Chained (1 9 9 6 ) dollars
Population (m id-p eriod,
m illio n s).............................
Personal saving as a
percentage of disposable
personal income.............
1,292.1
7,393.2 7,810.3 7,859.9 7,922.5 8,006.6
7,223.5 7,524.5 7,583.0 7,640.7 7,727.6
8,073.4 8,264.4
7,813.7 7,987.7
6 ,9 8 7 .0
20 5 .4
7 ,3 0 3 .7
188 .4
7 ,3 6 0 .7
1 89.3
7 ,4 2 5 .4
1 8 2 .5
7 ,5 1 2 .5
1 81.7
7 ,5 9 8 .6
1 8 1 .9
7 ,7 6 6 .5
187.5
31.1
32 .3
3 2 .9
3 2 .8
33 .4
3 3 .2
33 .7
169.7
285.8
276.9
281.8
278.9
259.7
276.7
6 ,7 4 8 .0
7 ,0 3 2 .2
7,058.1
7 ,0 8 2 .3
7 ,1 0 9 .6
7 ,1 5 4 .7
7 ,2 8 0 .6
2 5 ,9 5 7
2 3 ,6 9 2
2 7 ,1 7 0
2 4 ,4 6 3
2 7 ,3 1 3
2 4 ,5 2 7
2 7 ,4 6 3
24,551
2 7 ,6 9 4
24,591
2 7 ,8 5 5
2 4 ,6 8 5
2 8 ,4 3 4
2 5 ,0 4 9
2 8 4 .8
2 8 7 .5
2 8 7 .8
2 8 8 .5
289.1
2 8 9 .8
290 .7
2.3
3.7
3.5
3.6
3.5
3.2
3.3
Personal consumption
expenditures................
Durable goods..........................
M o to r vehicles and p arts .....
Furniture and household
e q u ip m e n t.............................
O th e r............................................
Nondurable goods...................
F o o d .............................................
Clothing and shoes.................
Gasoline, fuel oil, and other
energy goods.......................
Gasoline and o il..................
Fuel oil and coal..................
O th e r............................................
Services....................................
H ousing.......................................
Household o p era tio n .............
Electricity and g a s .............
Other household operation
Transportation..........................
Medical c a re ..............................
Recreation..................................
O th e r............................................
Energy goods and services 1
Personal consum ption
expenditures less food and
e n e rg y ....................................
I
II
III
6,987.0 7,303.7 7,360.7 7,425.4 7,512.5 7,598.6 7,766.5
861.2
900.5
947.0
897.8
873.9
835.9
871.9
3 6 1 .3
376.1
4 0 0 .7
3 7 5 .9
3 6 6 .5
3 9 2 .2
4 2 2 .9
306.1
1 68.4
3 1 8 .7
177.1
3 1 9 .2
177.9
3 1 9 .4
1 7 8 .6
3 1 4 .9
1 79.8
3 2 1 .8
1 86.5
3 3 0 .5
1 93.5
2,150.0 2,206.8
2,203.3 2,265.8
9 9 2 .4
3 1 5 .3
1 ,0 2 9 .4
3 2 4 .3
1 ,0 2 4 .8
3 2 1 .0
1 ,0 4 3 .9
3 2 6 .6
1,070.1
3 2 4 .5
1 ,0 7 8 .4
326.1
1 ,1 0 3 .6
3 3 4 .6
178 .6
162.1
16.5
55 5 .0
173 .5
1 58.5
15 .0
5 8 7 .8
1 78.2
1 63.5
14.7
5 9 2 .9
1 8 4 .7
1 67.4
17.3
5 9 4 .8
211.1
1 91.4
19.7
601.1
1 9 3 .8
1 7 6 .8
17.0
605.1
2 0 7 .6
1 8 9 .8
17.8
6 1 9 .9
2,041.3 2,115.0 2,116.9
4,109.9 4,316.8 4,346.0 4,401.5 4,444.6 4,494.8 4,553.8
1 ,0 1 4 .5
40 6 .3
1 54.5
2 5 1 .8
2 7 1 .4
1 ,0 7 2 .2
27 1 .9
1 ,0 7 3 .6
1 ,0 7 1 .5
4 0 5 .2
1 4 8 .2
2 5 7 .0
2 7 5 .8
1 ,1 4 8 .5
285.1
1 ,1 3 0 .7
1 ,0 7 8 .0
4 0 6 .3
1 47.4
2 5 8 .9
276.1
1 ,1 5 8 .8
2 8 5 .9
1 ,1 4 0 .9
1,090.1
4 1 4 .2
1 5 6 .5
2 5 7 .7
2 7 8 .3
1 ,1 7 6 .9
2 9 1 .8
1 ,1 5 0 .2
1 ,1 0 1 .9
4 2 2 .4
162.1
2 6 0 .4
2 7 8 .0
1 ,1 9 2 .0
29 2 .7
1 ,1 5 7 .5
1 ,1 1 0 .9
4 2 2 .3
161.1
2 6 1 .2
2 7 7 .8
1 ,2 1 3 .8
2 9 7 .2
1 ,1 7 2 .8
1 ,1 2 4 .0
4 2 8 .0
1 6 4 .9
263.1
2 8 1 .6
1 ,2 3 9 .6
2 9 9 .8
1 ,1 8 0 .8
3 3 3 .0
3 2 1 .6
3 2 5 .6
341.1
373.1
3 5 4 .9
3 7 2 .5
5 ,6 6 1 .6
5 ,9 5 2 .7
6 ,0 1 0 .3
6 ,0 4 0 .3
6 ,0 6 9 .3
6 ,1 6 5 .4
6 ,2 9 0 .4
1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas.
Table 2.3. Real Personal Consumption Expenditures by Major Type of
Product
[B illio n s o f chain ed (1 9 9 6 ) d o lla rs ]
Personal consumption
expenditures................
Durable goods..........................
M otor vehicles and p arts .....
Furniture and household
e q u ip m e n t.............................
O th e r............................................
6,377.2
931.9
6,576.0 6,609.9
999.9 1,032.4
6,637.9 6,670.9
1,010.6 1,005.4
6,733.9 6,842.1
1,061.5 1,126.6
3 6 1 .9
3 8 2 .4
4 0 7 .6
3 8 2 .8
3 7 4 .9
4 0 3 .0
4 3 7 .5
3 9 8 .0
175 .3
438.1
1 85 .8
4 4 1 .4
1 87.0
4 4 7 .5
188.1
4 4 7 .8
191.3
4 6 6 .6
199.1
489.1
2 0 5 .8
1,869.8 1,929.5
1,978.9 1,985.6 2,023.7
1,925.8
1,950.0
F o o d ..............................................
Clothing and shoes.................
Gasoline, fuel oil, and other
energy goods........................
Gasoline and o il..................
Fuel oil and coal..................
O th e r............................................
8 8 7 .0
33 7 .7
9 0 2 .3
3 5 7 .0
8 9 7 .9
3 5 5 .3
9 1 0 .7
3 6 1 .8
9 2 9 .7
3 6 4 .0
9 3 1 .4
3 6 9 .3
9 4 7 .4
3 7 8 .2
1 51.2
1 38.8
12 .6
4 9 5 .5
1 57.5
145.1
12.7
5 1 5 .8
1 57.5
145.4
12.4
5 1 8 .0
1 5 8 .9
145.1
14 .0
5 2 1 .9
159.2
146.2
13.3
5 2 8 .9
1 5 6 .9
1 4 5 .2
12.1
5 3 2 .2
1 59.7
147.1
12.9
5 4 3 .2
Services....................................
3,594.9
H ousing.......................................
Household o p era tio n.............
Electricity and g a s .............
Other household operation
Transportation ..........................
M edical c a re ..............................
Recreation..................................
O th e r............................................
R esidual...........................................
N o t e . P e r c e n t c h a n g e s f r o m p r e c e d in g p e rio d f o r d is p o s a b le p e rs o n a l in c o m e a r e s h o w n in t a b le 8 .1 .
IV
Addenda:
Nondurable goods...................
1. Consists of aid to families with dependent children and, beginning with 1996, assistance programs operating
under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996.
2. Equals disposable personal income deflated by the implicit price deflator for personal consumption expendi
tures.
20 0 3
2002
III
III
4,950.6 4,996.4 5,007.4 5,023.1
Rental income of persons
with capital consumption
adjustment........................
Personal dividend income.
Personal interest income...
Transfer payments to
persons.............................
2002
3,675.6 3,687.0 3,707.0 3,714.9 3,728.0 3,748.5
8 6 6 .0
3 8 2 .6
1 34.5
2 4 8 .2
251.1
9 3 8 .3
2 3 3 .2
9 2 2 .7
880.1
3 8 4 .7
1 36.4
2 4 8 .4
2 5 0 .3
9 7 8 .6
2 3 7 .5
9 4 2 .7
882.1
3 8 4 .7
135.7
249.1
2 4 9 .8
98 4 .4
237.1
9 4 7 .0
8 8 5 .8
3 8 9 .9
1 4 2 .8
2 4 7 .0
250.1
9 9 2 .0
2 4 0 .3
9 4 7 .5
8 8 9 .9
3 8 8 .5
140 .7
2 4 7 .8
250.1
1,002.1
2 3 8 .8
9 4 3 .8
8 9 3 .8
3 8 4 .0
134 .2
2 5 0 .5
2 4 8 .0
1 ,0 1 2 .7
2 4 0 .9
9 4 6 .3
8 9 9 .2
389.1
1 37.2
2 5 2 .3
2 4 7 .5
1 ,0 2 4 .0
2 4 1 .5
9 4 5 .2
- 2 3 .6
- 3 7 .2
- 4 0 .3
- 3 9 .5
-3 8 .4
- 5 1 .4
- 6 6 .0
28 5 .6
2 9 3 .9
2 93.3
3 0 1 .6
2 9 9 .9
2 9 1 .3
2 9 7 .0
5 ,2 0 4 .5
5 ,3 8 0 .3
5 ,4 1 9 .6
5,42 6.1
5 ,4 4 1 .5
5 ,5 1 2 .9
5 ,5 9 9 .2
Addenda:
Energy goods and services 1
Personal consum ption
expenditures less food and
e n e rg y ....................................
1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas.
Note. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive. The residual line is the difference between the first line and the sum of the most detailed lines.
Chain-type quantity indexes for the series in this table are shown in table 7.4.
Contributions to the percent change in real personal consumption expenditures are shown in table 8.3.
-8
National Data
November 2003
Government Current Receipts and Expenditures
Table 3.1. Government Current Receipts and Expenditures
[Billions of dollars]
Seasonally adjusted at annual rates
2001
2002
2002
III
2003
IV
I
II
III
C urrent re c e ip ts .............................................................................................................
Personal tax and nontax re c e ip ts ......................................................................................
Corporate profits tax a c cru als............................................................................................
Indirect business tax and nontax a c c ru a ls ....................................................................
Contributions fo r social in s u ra n c e ...................................................................................
2,992.3
2,872.1
2,869.4
2,876.7
2,895.1
2,916.3
1,292.1
1 99.3
7 7 4 .8
726.1
1 ,1 1 1 .9
2 1 3 .3
8 0 0 .4
7 4 6 .5
1 ,0 9 9 .0
2 1 4 .7
8 0 6 .9
7 4 8 .8
1,090.1
2 2 2 .4
8 1 3 .3
7 5 0 .9
1 ,0 7 3 .6
2 3 7 .8
82 1 .7
7 6 2 .0
1 ,0 8 2 .6
2 3 4 .3
8 3 3 .6
7 6 5 .8
9 8 2 .6
C urrent e x p e n d itu re s ...................................................................................................
Consum ption exp e n d itu res..................................................................................................
Transfer paym ents (n e t)........................................................................................................
To p e rs o n s .............................................................................................................................
To the rest of the w orld (n e t)..........................................................................................
Net interest p aid ........................................................................................................................
Interest p a id ..........................................................................................................................
To persons and b u sin ess............................................................................................
To the rest of the w o rld ................................................................................................
L e s s : Interest received by go ve rn m en t......................................................................
L e s s : Dividends received by g o ve rn m en t......................................................................
Subsidies less current surplus of governm ent en te rp ris e s...................................
Subsidies.................................................................................................................................
L e s s : Current surplus of governm ent e n te rp ris e s................................................
L e s s : W age accruals less d isbu rsem ents......................................................................
2,951.6
3,126.2
3,134.6
3,185.6
3,243.0
3,321.4
3,327.4
1 ,5 2 2 .2
1 ,1 4 6 .6
1 ,1 3 7 .0
9.6
2 3 6 .0
341.1
2 6 0 .4
80 .7
105.1
.4
4 7 .3
5 5 .3
8.0
.0
1 ,6 2 1 .0
1 ,2 6 7 .3
1 ,2 5 2 .9
14 .4
2 0 5 .8
314.1
2 4 1 .0
7 3 .0
1 0 8 .2
.5
3 2 .5
4 6 .2
13 .7
.0
1 ,6 2 9 .4
1 ,2 7 2 .8
1,263.1
9 .7
2 0 3 .8
3 1 2 .2
2 3 9 .4
7 2 .8
1 0 8 .4
.5
29.1
4 6 .6
17 .5
.0
1 ,6 5 9 .0
1 ,2 9 8 .0
1 ,2 8 3 .5
14.5
200.1
31 1 .8
2 4 1 .2
70 .7
111 .7
.5
2 9 .0
4 5 .9
1 7 .0
.0
1 ,6 9 8 .4
1 ,3 2 4 .9
1 ,3 0 4 .9
20.1
1 90.8
30 3 .9
2 3 6 .0
6 7 .9
113.1
.5
3 0 .7
4 9 .6
18.8
1.4
1 ,7 3 2 .3
1 ,3 4 9 .3
1 ,3 2 9 .3
20 .0
193.1
3 0 7 .0
2 4 1 .5
65 .5
1 1 3 .9
.5
4 5 .9
63 .9
18.1
- 1 .4
1 ,7 3 9 .6
1 ,3 6 3 .5
1 ,3 4 6 .6
17.0
186 .9
302.1
Current surplus or d e fic it ( - ) , n atio n al in com e and product accounts.
Social insurance fu n d s ...........................................................................................................
O th e r..............................................................................................................................................
40.7
-254.1
-2 65.2
-3 09.0
-347.9
-405.1
9 3 .2
- 5 2 .5
5 1 .9
- 3 0 6 .0
4 8 .0
- 3 1 3 .2
4 5 .9
- 3 5 4 .9
4 9 .3
- 3 9 7 .2
38.1
- 4 4 3 .2
Addenda:
N et lending or net borrow ing ( - ) ..................................................................................
Current surplus or deficit ( - ) , national incom e and product acco unts....
P l u s : C onsum ption of fixed c a p ita l.........................................................................
P l u s : Capital transfers received (n e t).....................................................................
L e s s : Gross in ve stm en t...............................................................................................
L e s s : Net purchases of nonproduced a s s e ts .....................................................
- 4 6 .9
4 0 .7
2 2 2 .4
3 5 .4
3 3 5 .8
9 .6
- 3 5 4 .5
-2 5 4 .1
2 2 9 .6
3 2 .9
3 5 1 .9
11 .0
-3 6 2 .1
-2 6 5 .2
2 3 0 .5
3 5 .7
3 5 1 .7
11 .4
- 4 0 9 .2
- 3 0 9 .0
2 3 2 .7
30 .3
3 5 2 .2
11 .0
-4 4 3 .7
-3 4 7 .9
2 3 5 .5
3 0 .6
3 5 3 .6
8.3
- 5 1 1 .7
-4 0 5 .1
2 3 7 .5
26 .0
3 6 0 .0
10.1
8 4 7 .4
7 7 0 .3
1 15.2
.5
3 7 .9
55 .4
17.6
.0
3 3 .9
2 3 9 .7
2 5 .7
3 6 5 .0
14 .6
Survey of Current Business
November 2003
Table 3.3. State and Local Government Current Receipts and
Expenditures
[Billionsof dollars]
Table 3.2. Federal Government Current Receipts and Expenditures
[Billionsof dollars]
Seasonally adjusted at annual rates
2001
2 002
2002
D-9
Seasonally adjusted at annual rates
2003
2001
2002
2002
III
2.008.4 1,873.3
C urrent e x p e n d itu re s .......
Consum ption exp e n d itu res.....
Transfer paym ents (n e t)............
To p e rs o n s ................................
To the rest of the w orld (net)
G rants-in-aid to State and local
g o v e rn m e n ts .............................
Net interest p aid ...........................
Interest p a id ..............................
To persons and business.
To the rest of the w o rld ....
L e s s : Interest received by
g o v e rn m e n t..........................
Subsidies less current surplus
of governm ent en te rp ris e s ..
S u b s id ie s ...................................
L e s s : C urrent surplus of
governm ent enterprises...
L e s s : W age accruals less
disbu rsem ents..........................
1.936.4 2,075.5 2,074.6 2,117.4 2.145.1
1 ,0 1 0 .9
1 ,0 0 0 .3
10 .6
1 7 0 .2
27.1
1 43.2
8 4 5 .8
8 3 6 .4
9 .4
1 79.8
22 .2
157.6
8 3 1 .3
8 2 2 .3
9.1
181.1
22 .2
1 5 8 .8
8 2 0 .5
8 1 1 .4
9.0
1 8 7 .5
2 0 .6
1 6 6 .9
8 0 0 .7
7 9 1 .5
9.2
2 0 0 .7
20 .4
180 .3
80 6 .7
79 7 .4
9 .3
1 96.5
20.1
1 76.4
7 0 3 .3
6 9 4 .0
9.3
1 10.3
6 6 .3
2 0 .6
23 .4
110.6
69 .6
20.3
20 .7
1 1 2 .4
6 9 .8
22 .4
20 .2
1 1 1 .5
7 0 .3
20 .6
2 0 .5
1 11.2
69 .5
20 .9
20 .8
1 1 1 .9
6 9 .0
2 1 .0
2 1 .9
1 11.3
6 7 .4
2 1 .8
22.1
7 1 6 .9
737.1
7 3 9 .3
74 1 .4
7 5 2 .5
7 5 6 .2
7 6 0 .6
2,261.5 2,250.5
5 8 6 .5
93 1 .7
917 .4
14.4
5 8 9 .8
934.1
9 2 4 .4
9 .7
6 0 8 .9
94 8 .5
9 3 4 .0
14.5
6 2 6 .6
9 7 0 .7
9 5 0 .7
20.1
6 6 4 .3
9 9 0 .9
9 7 0 .8
20 .0
6 6 7 .9
9 9 9 .7
9 8 2 .8
17.0
2 7 7 .4
238.1
2 5 7 .8
1 7 7 .2
8 0 .7
30 5 .7
2 0 7 .8
2 2 8 .9
1 55.9
73 .0
3 0 5 .0
2 0 5 .8
2 2 6 .8
1 5 4 .0
7 2 .8
3 1 5 .8
202.1
2 2 5 .9
1 5 5 .3
7 0 .7
3 1 3 .0
1 92.7
2 1 7 .5
1 4 9 .7
67 .9
3 5 1 .4
1 9 4 .9
220.1
1 5 4 .6
6 5 .5
3 4 1 .7
1 88.8
2 1 4 .7
1 9 .7
21.1
21 .0
23 .9
24 .9
2 5 .2
25 .9
5 0 .3
4 7 .5
43 .7
4 5 .4
39 .9
4 5 .0
42.1
4 6 .3
43 .5
49 .4
5 8 .6
6 3 .5
52 .3
56 .3
-2 .8
1.7
5.0
4.2
6.0
4 .9
4.0
5 2 8 .4
8 4 2 .2
8 3 2 .6
9 .6
1.4
72.0
9 3 .3
- 2 1 .3
-2 0 2 .1
52 .0
-2 5 4 .1
-1 .4
-210.5
-256.6
-280.1
-390.2
48.1
-2 5 8 .6
4 6 .0
- 3 0 2 .6
4 9 .4
-3 2 9 .5
3 8 .2
- 4 2 8 .4
3 3 .9
Addenda:
Net lending or net borrow ing
Current surplus or deficit
( - ) , n ation alincom e and
product acco u n ts..........
P l u s : Consum ption of
fixed capital......................
P l u s : Capital transfers
received (n e t)..................
L e s s : Gross in ve stm en t...
L e s s : Net purchases of
nonproduced assets.....
I
III
II
1,860.8 1.865.0 1,871.3
C urrent re c e ip ts .................
Personal tax and nontax
receipts .......................................
Incom e taxe s.............................
N o n ta xes.....................................
Corporate profits tax a c cru als.
Federal Reserve b a n k s .........
O th e r............................................
Indirect business tax and
nontax a c c ru a ls.......................
Excise taxe s...............................
C ustom s d u tie s .......................
N o n ta x e s ....................................
Contributions fo r social
insurance.....................................
C urrent surplus or d efic it
( - ) , n atio n al incom e
and product accounts..
Social insurance fu n d s ..............
O th e r.................................................
1,864.1
2 003
IV
5 8 .9
-2 2 6 .7
- 2 3 3 .5
-2 8 0 .6
-2 9 5 .1
-4 2 7 .1
7 2 .0
-2 0 2 .1
- 2 1 0 .5
-2 5 6 .6
-2 8 0 .1
- 3 9 0 .2
9 8 .7
101.9
102.2
1 0 3 .6
104 .7
1 0 5 .8
107.2
- 1 2 .9
9 9 .7
-1 9 .1
107.2
- 1 6 .8
107 .9
- 1 9 .5
1 0 8 .0
- 1 3 .9
1 08.6
- 2 8 .2
1 1 5 .5
- 2 9 .4
1 16.4
-2 .7
-1 .0
3.4
Current receipts...............
Personal tax and nontax
re c e ip ts .......................................
Incom e taxe s.............................
N o n ta xes....................................
O th e r............................................
Corporate profits tax accru als.
Indirect business tax and
nontax accru als.......................
Sales ta x e s ................................
Property ta x e s ..........................
O th e r............................................
Contributions fo r social
in s u ra n c e ...................................
Federal g ran ts -in -aid..................
Current expenditures......
C onsum ption exp e n d itu res .....
Transfer paym ents to persons.
Net interest p aid...........................
Interest p a id ..............................
L e s s : Interest received by
g o v e rn m e n t..........................
L e s s : Dividends received by
g o ve rn m en t...............................
Subsidies less current surplus
of governm ent en te rp ris e s ..
S u b s id ie s ...................................
L e s s : Current surplus of
governm ent enterprises...
L e s s : W age accruals less
d is b u rs e m e n ts .........................
1,261.3 1,304.5 1,310.3
1,331.6 1,343.1
1,396.4
2 8 1 .2
21 8 .7
4 1 .9
2 0 .6
29.1
266.1
2 0 0 .3
45.1
2 0 .7
3 3 .5
2 6 7 .7
2 0 1 .4
45 .5
2 0 .7
3 3 .7
2 6 9 .6
2 0 2 .4
4 6 .4
2 0 .8
3 4 .9
2 7 2 .9
2 0 4 .2
47 .7
20 .9
3 7 .2
2 7 6 .0
2 0 5 .7
49.1
21.1
3 7 .8
2 7 9 .3
2 0 7 .5
50 .6
21 .2
6 6 4 .4
3 2 1 .2
2 5 7 .4
8 5 .8
6 8 9 .8
3 3 3 .5
2 6 7 .8
8 8 .5
6 9 4 .5
3 3 7 .2
2 6 8 .6
88 .7
7 0 1 .8
3 3 8 .6
2 7 3 .2
9 0 .0
7 1 0 .4
3 4 2 .3
2 7 8 .0
90.1
7 2 1 .7
3 4 6 .0
2 8 2 .9
9 2 .8
7 3 6 .2
3 5 3 .9
2 8 8 .0
94 .3
9.2
2 7 7 .4
9 .4
3 0 5 .7
9.4
3 0 5 .0
9 .5
3 1 5 .8
9.5
3 1 3 .0
9 .6
3 5 1 .4
9.7
3 4 1 .7
1,292.6 1,356.4 1,365.0
1,384.0 1,410.9 1,411.3 1,418.6
9 9 3 .7
3 0 4 .4
- 2 .1
8 3 .3
1 ,0 3 4 .5
3 3 5 .6
- 2 .0
8 5 .2
1 ,0 3 9 .6
3 3 8 .7
- 2 .0
85 .4
1,050.1
3 4 9 .5
- 1 .9
8 5 .9
1 ,0 7 1 .8
3 5 4 .2
- 1 .8
86 .4
1 ,0 6 8 .0
3 5 8 .4
-1 .9
8 6 .9
1 ,0 7 1 .6
3 6 3 .8
- 1 .9
87 .4
8 5 .4
87.1
87 .4
8 7 .8
88 .2
8 8 .8
89 .3
.5
.4
.5
.5
.5
.5
.5
-3 .1
7.8
- 1 1 .2
.8
- 1 0 .8
1.7
- 1 3 .2
-.4
- 1 2 .7
.2
- 1 2 .7
.5
- 1 4 .4
-.9
10 .9
12 .0
12.5
12.8
12.9
13 .2
13 .6
.0
.0
.0
.0
.0
.0
.0
Current surplus or deficit
(-), national income
and product accounts..
-3 1 .3
-5 2 .0
-5 4 .7
-5 2 .4
-6 7 .9
-1 4 .9
Social insurance fu n d s ..............
O th er.................................................
-.1
- 3 1 .2
-.1
- 5 1 .9
-.1
- 5 4 .6
- .1
- 5 2 .3
-.1
- 6 7 .7
-.1
- 1 4 .8
- 1 0 5 .8
- 1 2 7 .8
-1 2 8 .5
- 1 2 8 .6
-1 4 8 .5
- 8 4 .6
- 3 1 .3
- 5 2 .0
- 5 4 .7
- 5 2 .4
- 6 7 .9
- 1 4 .9
1 2 3 .7
1 2 7 .7
1 28.3
129.1
130 .8
1 3 1 .6
1 32.5
4 8 .3
2 3 6 .2
5 2 .0
2 4 4 .7
52 .5
2 4 3 .8
4 9 .8
2 4 4 .2
44 .5
2 4 5 .0
54 .2
2 4 4 .5
55.1
2 4 8 .5
10.3
10 .8
10.9
10 .9
11.0
11.1
11.1
.0
Addenda:
Net lending or net borrow ing
( - ) ............................................
C urrent surplus or deficit
( - ) , national incom e and
product acco u n ts..........
P l u s : C onsum ption of
fixed capital......................
P l u s : Capital transfers
received (n e t)..................
L e s s : Gross in ve stm en t...
L e s s : Net purchases of
nonproduced a s s e ts ....
D-10
National Data
Table 3.7. Government Consumption Expenditures and Gross Investment
by Type
[B illio n s o f d o lla rs ]
November 2003
Table 3.8. Real Government Consumption Expenditures and Gross
Investment by Type
[Billionsof chained(1996) dollars]
Seasonally adjusted at annual rates
2001
2002
2002
III
Government consumption
expenditures and gross
investment1................
Federal......................................
National defense.................
Consum ption
e xp e n d itu res....................
Durable g o o d s 2.............
Nondurable g o o d s ........
S erv ices.............................
Com pensation of
general
governm ent
em ployees, except
ow n-account
in v e s tm e n t3..........
C onsum ption of
general
governm ent fixed
c a p ita l4....................
Other se rv ic e s ............
Gross in v e s tm e n t..............
S tru c tu res.........................
Equipm ent and softw are
Nondefense..........................
Consum ption
exp e n d itu res....................
Durable g o o d s 2.............
Nondurable g o o d s ........
C om m odity Credit
Corporation
inventory ch an g e..
O ther nondurables....
S erv ic e s .............................
Com pensation of
general
governm ent
em ployees, except
ow n-account
in v e s tm e n t3..........
Consum ption of
general
governm ent fixed
c a p ita l4....................
O ther s erv ices ............
Gross in v e s tm e n t..............
S tru c tu res .........................
Equipm ent and softw are
1,858.0 1,972.9 1,981.1
693.7
628.1
697.7
447.4
399.9
451.2
Seasonally adjusted at annual rates
2003
IV
I
II
2001
III
2,011.3 2,052.0 2,092.2 2,104.5
716.9
735.2
784.4
779.8
464.7
471.1
518.6
520.1
3 4 4 .5
2 4 .2
10 .5
3 0 9 .8
3 8 6 .6
25 .3
11.5
3 4 9 .9
3 8 8 .9
26 .3
12.0
3 5 0 .6
4 0 3 .2
2 5 .2
1 1 .4
3 6 6 .6
40 8 .7
2 4 .7
12.2
3 7 1 .8
4 5 1 .7
2 9 .0
1 1 .9
4 1 0 .8
4 5 0 .3
29.1
11.0
4 1 0 .3
1 4 3 .7
154 .4
1 55.8
1 5 3 .9
165.1
1 6 9 .5
1 69.2
63 .5
102 .5
5 5 .5
5 .4
5 0 .0
64 .2
131 .3
60 .8
5.3
55 .5
6 4 .3
1 30.5
6 2 .4
5 .4
5 7 .0
6 4 .9
1 4 7 .7
6 1 .5
5 .3
56 .3
65 .2
1 41.5
62 .4
5.5
5 6 .9
6 5 .6
1 7 5 .8
6 7 .0
5.9
6 1 .0
66.1
1 75.0
69 .7
5.9
63 .8
228.2
246.3
246.5
252.2
264.1
261.1
264.3
1 8 4 .0
1.3
8 .7
1 9 9 .9
1.4
9 .4
2 0 0 .9
1.4
9.4
2 0 5 .8
1.6
9 .4
2 1 7 .9
1.5
8.9
2 1 2 .6
1.2
9 .9
2 1 7 .6
1.3
11.3
.8
7 .9
1 7 4 .0
-.2
9.6
189.1
-.2
9 .6
190.1
-.6
10.1
1 9 4 .7
-.4
9.3
2 0 7 .5
-.5
10 .4
2 0 1 .5
-.5
11.8
2 0 4 .9
9 5 .2
1 04.3
1 04.6
1 0 8 .0
1 13.8
1 14.3
114.2
2 8 .7
50.1
4 4 .2
10.4
3 3 .8
3 0 .8
5 4 .0
46 .4
12.3
34.1
3 1 .0
5 4 .5
4 5 .5
11 .3
3 4 .3
3 1 .6
55.1
4 6 .5
12 .6
3 3 .8
3 2 .3
61 .3
46 .2
12.0
34.1
3 3 .0
54 .2
48 .5
12 .5
36.1
3 3 .7
57.1
4 6 .7
13.8
32 .9
Government consumption
expenditures and gross
investment1.................
Federal......................................
National defense.................
Consum ption
exp e n d itu res....................
Durable g o o d s 2..............
Nondurable g o o d s ........
S erv ices.............................
Com pensation of
general
g overnm ent
em ployees, except
o w n-account
in v e s tm e n t3...........
C onsum ption of
general
governm ent fixed
c a p ita l4 ....................
Other s erv ices............
Gross in v e s tm e n t..............
S tru c tu res.........................
Equipm ent and softw are
Nondefense..........................
Consum ption
exp e n d itu res....................
Durable g o o d s 2..............
Nondurable g o o d s ........
Com m odity Credit
Corporation
inventory change..
Other n o n d u rab les...
S erv ices.............................
Com pensation of
general
governm ent
em ployees, except
ow n-account
in v e s tm e n t3...........
Consum ption of
general
governm ent fixed
c a p ita l4 ....................
Other s erv ices............
G ross in v e s tm e n t..............
S tru c tu res.........................
Equipm ent and softw are
1,229.9
1,279.2 1,283.3 1,294.4 1,316.8 1,312.5
1,320.2
State and local.........................
C onsum ption expenditures..
Durable g o o d s 2..................
Nondurable g o o d s .............
S erv ices..................................
Com pensation of
general governm ent
employees, except
ow n-account
in v e s tm e n t3...............
C onsum ption of general
governm ent fixed
c a p ita l4 ........................
Other serv ices.................
Gross in v e s tm e n t....................
Structures..............................
Equipm ent and softw are..
9 9 3 .7
18.3
1 1 8 .7
8 5 6 .7
1 ,0 3 4 .5
19.4
121.1
8 9 4 .0
1 ,0 3 9 .6
1 9.5
1 2 2 .6
8 9 7 .5
1,050.1
19 .7
126 .3
904.1
1 ,0 7 1 .8
20 .0
1 39.7
912.1
1 ,0 6 8 .0
20 .2
1 3 1 .7
916.1
1 ,0 7 1 .6
2 0 .4
1 34.2
9 1 7 .0
7 0 0 .4
7 3 3 .8
737.1
7 4 4 .0
7 4 8 .6
7 5 1 .7
7 5 3 .9
9 5 .4
6 0 .9
2 3 6 .2
1 7 7 .6
58 .6
1 0 0 .0
60 .3
2 4 4 .7
1 88.2
56 .5
100 .4
5 9 .9
2 4 3 .8
1 8 7 .4
56 .4
101.1
5 9 .0
2 4 4 .2
1 8 8 .6
5 5 .6
1 02.5
61 .0
2 4 5 .0
1 8 9 .8
55 .2
103.1
6 1 .2
2 4 4 .5
1 8 9 .5
55 .0
1 03.8
59 .4
2 48.5
193.4
55 .2
Consum ption exp e n d itu re s .
Durable g o o d s 2 ..................
Nondurable g o o d s .............
S ervices..................................
Com pensation of
general governm ent
em ployees, except
ow n-account
in v e s tm e n t3................
Consum ption of general
governm ent fixed
c a p ita l4.........................
Other services.................
Gross in ve stm en t....................
Structures..............................
Equipm ent and softw are..
952.1
2 4 0 .5
7 1 1 .6
1,006.1
2 6 0 .5
7 4 5 .5
1 ,0 1 1 .3
2 6 2 .5
7 4 8 .9
1 ,0 1 9 .8
2 6 3 .9
7 5 5 .8
1 ,0 4 1 .7
281.1
7 6 0 .6
1 ,0 4 9 .7
2 8 6 .0
7 6 3 .8
1 ,0 5 1 .9
2 8 5 .6
7 6 6 .2
Addenda:
Residual...........................................
1. Gross government investment consists of general government and government enterprise expenditures for
fixed assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for
goods transferred to foreign countries by the Federal Government.
3. Compensation of government employees engaged in new own-account investment and related expenditures
for goods and services are classified as investment in structures and in software. The compensation of all general
government employees is shown in the addenda.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a
partial measure of the value of the services of general government fixed assets; use of depreciation assumes a
zero net return on these assets.
5. Beginning with 2001, in accordance with the Consolidated Appropriations Act of 2001, includes compensa
tion of employees of Indian tribal governments reclassified from the private sector.
2002
III
State and local.........................
Compensation of general
governm ent e m p lo y e e s 3
Federal.....................................
State and lo c a l5..................
2002
1,640.4
570.6
366.0
1,712.8 1,715.6
613.3
615.1
400.0
402.5
2003
IV
I
II
III
1,735.0 1,736.7 1,772.6 1,778.3
631.4
632.5
669.5
671.7
409.7
413.2
450.2
450.2
3 0 8 .9
24 .3
9 .9
275.1
3 3 7 .0
2 5 .3
1 1 .4
3 0 0 .6
3 3 8 .0
26 .4
11 .6
3 0 0 .5
3 4 9 .4
25 .2
10 .8
3 1 3 .4
3 4 5 .4
24 .6
1 0.7
3 1 0 .0
3 8 0 .9
28 .9
11 .0
3 4 1 .2
3 7 8 .8
29 .0
10 .2
3 3 9 .8
121 .2
1 2 3 .4
1 24.3
1 2 3 .0
125 .5
1 2 8 .6
128.4
6 2 .4
9 1 .7
5 7 .3
4.6
5 3 .0
6 2 .6
1 1 4 .9
6 3 .3
4 .4
5 9 .5
6 2 .6
1 13.8
65 .0
4.4
61.1
6 2 .8
1 28.2
6 3 .9
4.3
60.1
63.1
121 .8
64 .7
4.5
6 0 .7
6 3 .4
150.1
69 .4
4 .8
65.1
6 3 .7
1 48.6
71 .9
4 .7
67 .8
204.4
213.3
212.7
218.3
222.8
219.7
222.0
161.1
1.5
8.9
1 6 7 .8
1.7
8.5
167.9
1.7
8.3
172.5
1.9
8.4
177.1
1.9
7.8
1 72.3
1.5
8.5
1 75.9
1.7
9.7
1.7
7.2
1 5 1 .6
-.1
8 .6
1 5 7 .7
-.1
8.4
1 57.9
-.6
9.0
1 62.2
-.1
8 .0
1 67.5
-.6
9.1
1 6 2 .0
-.5
10.2
1 64.5
7 9 .0
8 0 .7
80 .4
8 3 .6
83 .7
8 3 .6
83 .4
2 8 .0
4 5 .4
4 3 .6
8.9
3 5 .4
30.1
4 8 .0
4 5 .9
10 .4
3 6 .0
3 0 .3
48 .3
45.1
9.5
36 .3
3 0 .9
4 8 .7
46 .0
10.6
3 5 .9
31 .5
53 .8
4 5 .7
10 .0
36 .3
32.1
4 7 .3
4 8 .0
10 .2
3 8 .4
3 2 .8
4 9 .7
46 .2
11.3
35.1
1,069.4 1,099.7 1,100.6 1,104.0
1,104.6
1,104.1
1,107.6
8 5 6 .8
18 .3
1 0 8 .7
731.1
881.1
19 .3
1 1 3 .0
7 5 0 .5
8 8 3 .0
19.4
1 13.3
7 5 1 .9
8 8 6 .3
19 .6
114.1
7 5 4 .2
8 8 7 .9
19.8
1 14.9
7 5 4 .9
888.1
2 0 .0
1 1 5 .8
754.1
8 8 8 .5
20 .3
1 16.6
7 5 3 .5
5 8 9 .6
6 0 1 .7
6 0 2 .6
604.1
604.1
6 0 2 .4
6 0 1 .3
8 8 .7
5 3 .2
2 1 2 .8
1 4 8 .6
6 5 .9
9 2 .6
5 6 .8
21 8 .6
1 5 4 .9
6 4 .6
93 .0
5 7 .0
2 1 7 .6
1 5 3 .9
64 .7
93 .7
57.1
2 1 7 .7
1 54.5
6 4 .0
94 .4
57 .3
2 1 6 .6
1 53.8
63 .6
9 5 .0
5 7 .7
2 1 5 .9
1 5 3 .0
6 3 .8
9 5 .5
5 7 .8
2 1 9 .2
1 5 5 .8
64.1
-6 .8
- 7 .0
- 7 .3
- 6 .5
- 7 .2
-8 .6
- 9 .2
8 0 0 .5
2 0 1 .6
5 9 8 .9
8 1 7 .0
20 5 .7
61 1 .3
8 1 8 .6
2 0 6 .4
6 1 2 .2
8 2 2 .2
2 0 8 .4
6 1 3 .8
8 2 4 .8
2 1 0 .9
6 1 3 .7
8 2 6 .3
2 1 3 .9
612.1
8 2 4 .9
2 1 3 .5
611.1
Addenda:
Com pensation of general
governm ent e m p lo y e e s 3.
Federal....................................
State and lo c a l5 ..................
N ote. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive. The residual line is the difference between the first line and the sum of the most detailed lines, excluding the
lines in the addenda.
See footnotes to table 3.7.
Chain-type quantity indexes for the series in this table are shown in table 7.11.
Contributions to percent change in real government consumption expenditures and gross investment are
shown in table 8.6.
November 2003
Survey of Current Business
D-11
Table 3.10. National Defense Consumption Expenditures and Gross
Investment
Table 3.11. Real National Defense Consumption Expenditures and Gross
Investment
[B illio n s o f d o lla rs]
[B illio n s o f chain ed (1 9 9 6 ) d o lla rs ]
Seasonally adjusted at annual rates
2001
2002
2002
III
National defense
consumption
expenditures and gross
investment1................
Consumption expenditures....
Durable goods2..................
Seasonally adjusted at annual rates
2 003
IV
I
II
2001
III
2 002
III
399.9
344.5
24.2
447.4
386.6
25.3
451.2
388.9
26.3
464.7
403.2
25.2
471.1
408.7
24.7
518.6
451.7
29.0
520.1
450.3
29.1
A ircra ft.....................................
M is s ile s ..................................
S h ip s .......................................
V eh icles..................................
Electronics............................
O ther durable g o o d s.........
11.2
2.5
1.2
1 .0
3.0
5.3
11.3
2.8
1.3
1.1
3.1
5.6
11 .6
3.0
1.5
1 .0
3.3
5.8
11 .4
3.1
1.2
1.2
2.8
5.5
10.8
2.7
1.2
1.1
3.4
5.5
12 .8
3 .3
1.3
1.1
3 .6
6.9
12.0
3.1
1.3
1.1
4 .0
7.6
Nondurable goods..............
10.5
11.5
12.0
11.4
12.2
11.9
Petroleum pro d u cts..........
A m m u n itio n ..........................
Other nondurable goods..
4.0
2.1
4.4
4.2
2.5
4.8
4.7
2.7
4 .6
4.0
2.4
5 .0
5.0
2.1
5.1
3 .5
2.7
5.7
Services.................................
309.8
349.9
350.6
366.6
371.8
410.8
Com pensation of general
g overnm ent em ployees,
except ow n-account
in v e s tm e n t3....................
M ilita ry ...............................
C ivilian ...............................
C onsum ption of general
governm ent fixed
c a p ita l4 .............................
Other services......................
Research and
d evelopm ent................
Installation su p p o rt.......
W eapons su p p o rt..........
Personnel s u p p o rt........
Transportation of
m a te ria l.........................
Travel of p e rs o n s ..........
O th er...................................
2002
National defense
consumption
expenditures and gross
investment1.................
Consumption expenditures....
Durable goods2...................
2003
IV
I
II
III
366.0
308.9
24.3
400.0
337.0
25.3
402.5
338.0
26.4
413.2
349.4
25.2
409.7
345.4
24.6
450.2
380.9
28.9
450.2
378.8
29.0
A ircraft....................................
M is s ile s ..................................
S h ip s .......................................
V eh icles..................................
Electronics.............................
Other durable g o o d s .........
11.2
2.5
1.2
.8
3.4
5.2
11 .3
2 .8
1.3
.8
3 .6
5 .6
11.6
3.0
1.5
.8
3.9
5.8
11 .3
3.1
1.2
.9
3 .3
5 .5
10.7
2.7
1.2
.8
4.0
5.4
12.6
3.2
1.3
.8
4 .2
6 .9
11.7
3.1
1.3
.8
4 .8
7.5
11.0
Nondurable goods...............
9.9
11.4
11.6
10.8
10.7
11.0
10.2
1.9
2.8
6.2
Petroleum pro d u cts..........
A m m u n itio n ..........................
Other nondurable goods..
3.4
2.1
4.2
4 .3
2 .6
4 .5
4.5
2 .8
4.3
3 .6
2.5
4 .6
3.7
2.2
4 .7
3 .0
2.8
5.3
1.7
2 .9
5.8
410.3
Services................................
275.1
300.6
300.5
313.4
310.0
341.2
339.8
1 21.2
8 0 .7
4 0 .7
1 2 3 .4
8 3 .7
3 9 .9
1 24.3
84 .5
40.1
1 2 3 .0
83 .3
3 9 .9
1 25.5
86 .3
3 9 .5
1 2 8 .6
90.1
3 9 .0
1 28.4
89 .2
39 .6
6 2 .4
9 1 .7
6 2 .6
1 1 4 .9
6 2 .6
1 13.8
6 2 .8
1 28.2
63.1
1 2 1 .8
6 3 .4
150.1
63 .7
1 48.6
2 6 .9
23 .4
10.7
23 .4
3 7 .5
25 .6
15.8
28 .6
35 .6
26 .4
16.6
29 .4
4 3 .9
2 6 .7
17 .9
3 1 .2
3 9 .4
2 3 .5
14 .8
3 0 .9
4 7 .7
3 1 .0
22.1
36 .5
45.1
31.1
2 3 .0
37 .0
4.6
4.1
-1 .7
4 .6
3.9
-1 .6
4 .5
3 .9
-3 .2
4 .7
4 .0
-.7
9 .0
4 .6
-.9
9.0
4 .6
- 1 .5
8.1
5.1
- 1 .5
1 4 3 .7
94.1
4 9 .6
154.4
102.1
52.3
1 5 5 .8
1 0 3 .0
5 2 .8
1 5 3 .9
1 0 1 .5
5 2 .4
165.1
1 10.4
5 4 .7
169 .5
115 .3
54 .2
169.2
1 14.0
55.2
63 .5
102.5
64 .2
131.3
64 .3
1 30.5
6 4 .9
1 4 7 .7
65 .2
141.5
6 5 .6
1 7 5 .8
66.1
1 75.0
2 9 .6
25 .5
12.2
2 8 .0
42 .0
28 .5
18.3
35.5
4 0 .0
29 .6
19.2
36 .6
4 9 .5
3 0 .2
20 .7
3 9 .0
4 4 .7
26 .9
17.2
39.1
5 4 .3
3 5 .9
25 .9
4 6 .4
51 .6
36.1
27.0
47 .4
4 .9
4.2
-2 .0
5 .0
4.0
- 1 .9
5 .0
4 .0
-3 .9
5 .2
4.1
-.9
10.0
4.7
- 1 .1
10.2
4 .8
-1 .9
9.5
5.4
- 2 .0
Com pensation of general
governm ent employees,
except ow n-account
in v e s tm e n t3.....................
M ilita ry ..............................
C ivilian ...............................
Consum ption of general
governm ent fixed
c a p ita l4..............................
Other s e rv ic e s .....................
Research and
d e v e lo p m e n t..............
Installation su p p o rt.......
W eapons suppo rt..........
Personnel s u p p o rt........
Transportation of
m a te ria l.........................
Travel of p e rs o n s ..........
O th er...................................
Gross investment....................
Structures.............................
Equipment and software....
55.5
5.4
50.0
60.8
5.3
55.5
62.4
5.4
57.0
61.5
5.3
56.3
62.4
5.5
56.9
67.0
5.9
61.0
69.7
5.9
63.8
Gross investment....................
Structures.............................
Equipment and software....
57.3
4.6
53.0
63.3
4.4
59.5
65.0
4.4
61.1
63.9
4.3
60.1
64.7
4.5
60.7
69.4
4.8
65.1
71.9
4.7
67.8
Aircraft....................................
M is s ile s ..................................
S h ip s .......................................
V eh icles..................................
Electronics and s o ftw a re .
Other eq u ip m en t.................
8.3
3 .3
7 .2
1.8
13 .7
15 .7
9.3
3.1
8.7
2.6
15.0
16.8
9 .9
2.6
8 .9
3 .0
15.3
17.1
9.9
3.1
9 .0
2.7
14 .9
16.7
9.5
2.8
8.8
3 .6
15.7
16.5
9 .6
2 .8
10 .0
3 .4
14 .4
20 .8
9.1
3.1
10.0
3.2
15.2
23 .3
Aircraft....................................
M is s ile s ..................................
S h ip s .......................................
V eh icles..................................
Electronics and s o ftw a re .
Other eq u ip m en t.................
9 .6
3.5
7.1
1.9
15 .3
15 .5
11 .2
3.4
8.5
2.8
17.1
16.5
11 .9
2.9
8 .7
3.2
17.5
16.8
11.7
3 .4
8.8
2 .7
17 .2
16.4
11.4
3.0
8.6
3.6
18.2
16.1
11.4
3.1
9 .7
3.4
16.8
20 .3
10.5
3.4
9.7
3.1
17.6
22 .7
R esidual...........................................
-.7
- 1 .3
- 1 .5
-1 .0
- 1 .3
- 1 .3
- 1 .5
1 44.3
155.3
156 .8
1 5 4 .9
166.1
1 70.5
170.2
1 21.7
124.1
125.1
123.8
1 26.2
1 29.4
129.1
Addendum:
Com pensation of general
governm ent e m p lo y e e s 3
1. Gross government investment consists of general government and government enterprise expenditures for
fixed assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for
goods transferred to foreign countries.
3. Compensation of government employees engaged in new own-account investment and related expenditures
for goods and services are classified as investment in structures and in software. The compensation of all general
government employees is shown in the addendum.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a
partial measure of the value of the services of general government fixed assets; use of depreciation assumes a
zero net return on these assets.
Addendum:
Compensation of general
governm ent e m p lo y e e s 3.
Note. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive. The residual line is the difference between the first line and the sum of the most detailed lines, excluding the
line in the addendum.
Chain-type indexes for the series in this table are shown in table 7.12.
See footnotes to table 3.10.
D-12
National Data
November 2003
4. Foreign Transactions
Table 4.1. Foreign Transactions in the National Income and Product
Accounts
Table 4.2. Real Exports and Imports of Goods and Services and Receipts
and Payments of Income
[B illio n s o f d o lla rs]
[B illio n s o f c h a in e d ( 1 9 9 6 ) d o lla rs ]
Seasonally adjusted at annual rates
2001
2002
2002
III
Seasonally adjusted at annual rates
2003
IV
I
II
Receipts from the rest of
the w orld......................
1.351.1
1.292.9 1,325.9
1,309.6 1,313.1
1,313.9
Exports of goods and services
Goods 1.......................................
D u ra b le...................................
N o n d u rab le ...........................
Services 1...................................
In com e re c e ip ts...........................
1.034.1
7 3 3 .5
5 2 2 .4
2 1 1 .2
3 0 0 .6
3 1 6 .9
1 .0 1 4 .9
7 0 3 .6
4 9 3 .0
2 1 0 .6
3 1 1 .3
2 7 8 .0
1 ,0 2 5 .4
7 0 2 .6
4 8 6 .0
2 1 6 .5
3 2 2 .8
2 8 4 .2
1 ,0 3 1 .8
7 1 1 .9
4 8 5 .7
226.1
3 1 9 .9
2 8 1 .3
1 ,0 3 1 .5
7 1 1 .9
487.1
2 2 4 .7
3 1 9 .6
2 8 2 .4
Payments to the rest of
the w orld......................
1,351.1
1,292.9 1,325.9
1,309.6 1,313.1
1,313.9
Im ports of goods and services
Goods 1.......................................
D u rab le...................................
N o n du rable...........................
S e rv ic e s 1...................................
Incom e p a y m e n ts .......................
Transfer paym ents (n e t)............
From persons ( n e t ) ................
From governm ent (n e t ) ........
From business..........................
Net foreign inve stm en t..............
1 ,3 8 3 .0
1 ,1 6 7 .2
7 5 4 .4
41 2 .8
2 1 5 .8
2 9 5 .0
4 9 .8
31.1
9 .6
9.1
-3 7 6 .7
1 ,4 3 8 .5
1,192.1
771.1
4 2 1 .0
2 4 6 .4
2 8 7 .6
55 .7
32 .3
14 .4
9.0
- 4 8 8 .9
1 ,5 0 1 .4
1 ,2 4 2 .5
7 8 6 .6
4 5 5 .9
2 5 8 .9
2 9 3 .4
5 5 .9
3 2 .8
14 .5
8 .7
- 5 4 1 .0
1,536.1
1,274.1
7 8 8 .3
48 5 .8
2 6 2 .0
28 6 .0
6 1 .8
33 .2
2 0 .0
8 .5
-5 7 0 .0
2001
III
1 ,4 7 1 .5
1 ,2 2 0 .9
7 8 3 .8
4 3 7 .2
25 0 .6
2 9 8 .2
51 .8
3 2 .9
9.7
9.2
- 4 9 5 .6
1 ,5 1 9 .0
1,256.1
7 6 9 .7
4 8 6 .4
2 6 2 .9
2 9 1 .5
62 .5
33 .4
20.1
9 .0
- 5 5 9 .9
1 ,0 5 9 .7
7 24.5
496.1
2 2 8 .4
335.1
1 ,5 4 8 .3
1 ,2 7 4 .3
7 8 5 .4
4 8 8 .9
2 7 4 .0
5 9 .6
3 3 .7
17 .0
9 .0
1.
Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified
from goods to services.
2002
III
Exports of goods and services
1 ,0 3 8 .6
7 2 2 .6
5 0 9 .5
213.1
3 1 6 .0
2 8 7 .3
2002
G o o d s 1........................................
D urab le...................................
N ondu rable...........................
Services 1...................................
Income receipts......................
Imports of goods and services
1,076.1
7 8 5 .2
5 5 8 .3
2 2 6 .7
2 9 2 .0
1,058.8 1,077.7
7 5 6 .9
5 2 9 .2
2 2 7 .5
3 0 1 .5
7 7 3 .5
54 6 .6
2 2 6 .7
3 0 4 .0
2003
IV
I
1,061.6 1,058.1
7 5 0 .3
5 2 1 .5
2 2 8 .5
3 1 0 .0
7 5 3 .9
5 20.3
2 33.2
3 0 3 .5
II
III
1,055.5 1,079.3
7 5 0 .8
521.1
2 29.5
3 0 3 .9
7 6 4 .7
5 3 1 .3
233.1
3 1 3 .5
292.0
253.3
261.3
253.4
257.5
252.5
1,492.0 1,547.4 1,565.7 1,593.8 1,568.4 1,601.7 1,602.0
Goods 1........................................
D u rab le...................................
N o ndu rable...........................
Services 1...................................
1 ,2 7 0 .5
8 6 5 .6
4 0 2 .3
2 2 2 .4
1,32 0.1
9 0 1 .4
4 1 5 .5
2 2 7 .2
1 ,3 4 0 .3
9 1 5 .5
4 2 1 .7
2 2 6 .0
1 ,3 6 0 .8
9 2 1 .6
4 3 4 .5
2 3 3 .0
1 ,3 3 7 .4
9 0 1 .9
430.1
2 3 0 .7
1 ,3 8 0 .4
9 2 3 .5
4 4 9 .7
2 2 3 .8
Income payments....................
269.2
260.3
269.5
264.2
260.4
255.4
1,3 7 1 .3
9 17.0
4 4 7 .0
2 31.2
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified
from goods to services.
N ote. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of tne corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive.
Chain-type quantity indexes for the series in this table are shown in table 7.9.
November 2003
Survey of Current Business
Table 4.3. Exports and Imports of Goods and Services by Type of Product
[Billionsof dollars]
Table 4.4. Real Exports and Imports of Goods and Services by Type of
Product
[B illio n s o f c h ain ed (1 9 9 6 ) d o lla rs]
Seasonally adjusted at annual rates
2001
2002
20 0 2
III
D-13
Seasonally adjusted at annual rates
2003
IV
I
II
2001
III
2002
2002
III
Exports of goods and
services.........................
Exports of goods1...................
1,034.1 1,014.9 1,038.6 1,025.4 1,031.8 1,031.5 1,059.7
703.6
733.5
722.6
702.6
711.9
711.9
724.5
Foods, feeds, and beverages
Industrial supplies and
m ate rials.................................
Durable g o o d s .....................
Nondurable g o o d s .............
Capital goods, except
au to m o tive.............................
Civilian aircraft, engines,
and p arts...........................
C om puters, peripherals,
and p arts ...........................
O th e r.......................................
Autom otive vehicles,
engines, and p a rts .............
C onsum er goods, except
autom otive.............................
Durable g o o d s .....................
Nondurable g o o d s .............
O th e r............................................
Exports of services1..............
4 9 .4
49 .5
4 9 .5
50 .3
52 .3
5 2 .0
5 3 .0
1 55.3
57.1
9 8 .2
153.7
56 .0
97 .7
1 5 6 .3
5 6 .9
9 9 .4
1 5 8 .0
5 6 .4
1 0 1 .6
1 66.5
58 .8
1 07.7
1 6 6 .6
5 9 .7
1 0 6 .9
1 68.2
58 .8
1 09.3
3 2 1 .7
2 9 1 .3
3 0 1 .7
2 8 5 .0
2 8 2 .7
2 8 1 .6
2 9 1 .5
5 2 .6
51 .0
5 6 .4
48.1
4 5 .8
4 4 .0
48 .4
4 7 .6
2 2 1 .6
38 .6
2 0 1 .7
3 7 .8
2 0 7 .5
3 8 .9
1 9 8 .0
38 .5
1 9 8 .4
3 7 .3
20 0 .3
40.1
2 0 2 .9
7 5 .4
78 .5
8 2 .5
7 7 .4
7 8 .7
7 8 .7
77 .6
8 8 .3
4 6 .5
4 1 .9
4 3 .3
84 .5
44.1
40 .4
4 6 .0
8 6 .0
45.1
4 0 .9
4 6 .7
8 5 .6
44.1
4 1 .5
46.1
8 6 .9
4 3 .2
4 3 .7
4 4 .7
88 .5
4 4 .9
4 3 .7
4 4 .4
90 .7
46 .4
44 .3
43 .5
300.6
311.3
316.0
322.8
319.9
319.6
335.1
Transfers under U .S. m ilitary
agency sales c o n tra c ts ....
Travel............................................
Passenger fares........................
Other tran s p o rtatio n ..............
Royalties and license le e s ...
O ther private services..........
O th e r............................................
11.2
73.1
1 8 .0
28 .3
38 .7
108.1
2 3 .2
11.4
71.1
1 7.6
28.1
4 1 .6
1 1 6 .6
25 .0
11.1
7 0 .9
18.2
2 8 .4
42 .3
1 1 9 .6
2 5 .6
11 .6
7 5 .7
18 .6
2 9 .3
41.1
1 2 0 .3
2 6 .3
11.7
6 9 .3
16 .5
2 9 .7
4 2 .9
1 23.2
26 .6
12 .4
64 .6
16 .7
30 .0
4 2 .9
1 2 6 .4
2 6 .6
13.5
71 .5
19.6
29 .6
4 3 .4
1 30.7
26 .8
Imports of goods and
services.........................
Imports of goods1..................
1,383.0
1,167.2
1,438.5 1,471.5 1,501.4 1,519.0
1,192.1 1,220.9 1,242.5 1,256.1
1,536.1
1,274.1
1,548.3
1,274.3
Foods, feeds, and beverages
Industrial supplies and
m aterials, except
petroleum and p ro d u c ts ..
Durable g o o d s .....................
N ondurable g o o d s .............
Petroleum and products..
Capital goods, except
autom otive.............................
Civilian aircraft, engines,
and p arts...........................
C om puters, peripherals,
and p arts...........................
O th e r.......................................
Autom otive vehicles,
engines, and p a rts .............
Consum er goods, except
a u tom otive............................
Durable g o o d s .....................
Nondurable g o o d s .............
O th e r............................................
Imports of services1..............
Direct defense expenditures
Travel............................................
Passenger fares.......................
Other tran s p o rtatio n ..............
Royalties and license fe e s ...
Other private services............
O th e r............................................
4 6 .6
49 .8
5 0 .4
5 2 .0
54 .4
55 .0
54 .8
1 6 4 .8
8 0 .0
8 4 .8
1 0 3 .6
160.2
8 1 .0
79.1
1 03.4
1 63.5
82 .2
81 .3
1 10.7
1 6 8 .7
8 4 .9
8 3 .9
1 1 7 .9
1 77.2
82 .8
94 .4
1 36.3
1 74.8
7 9 .9
9 4 .9
1 3 0 .9
178.4
82.1
96 .3
1 36.5
2 9 8 .0
2 8 4 .0
2 8 5 .3
2 8 4 .9
2 8 2 .8
2 9 1 .0
2 9 1 .4
3 1 .4
25 .7
22 .2
2 6 .6
23 .7
2 4 .0
23 .2
7 4 .0
1 9 2 .6
75.3
1 83.0
7 4 .7
1 8 8 .4
7 4 .4
1 8 3 .9
73.1
1 8 6 .0
75.1
1 9 1 .9
75 .8
192 .4
1 89.8
2 0 4 .0
2 1 0 .0
208.1
2 0 3 .2
2 1 0 .3
2 0 5 .0
2 8 4 .5
1 46.7
1 37.8
7 9 .9
3 0 7 .6
1 60.5
147.1
83.2
3 1 5 .0
1 6 3 .2
1 5 1 .8
8 6 .0
3 2 2 .9
1 6 4 .8
158.1
8 8 .0
3 2 7 .5
1 63.5
1 6 4 .0
7 4 .7
3 2 8 .5
1 65.4
163.1
8 3 .7
3 29.3
167 .5
161 .8
78 .9
215.8
246.4
250.6
258.9
262.9
262.0
274.0
15 .2
60.1
22 .4
38 .8
16 .4
54 .6
8 .3
18.8
61 .3
21 .6
39.1
18.3
78.5
8.7
19.4
61 .4
2 1 .9
39 .5
19 .2
8 0 .4
8.7
19 .9
6 5 .8
23 .3
41 .4
17 .2
82 .5
8 .8
22 .0
63 .0
22 .0
4 3 .6
18 .5
84 .8
9 .0
2 3 .3
5 8 .4
2 1 .9
4 4 .8
19.1
8 5 .4
9.1
23.1
65.1
25 .2
4 4 .6
19.3
87 .6
9.2
Addenda:
Exports of agricultural
g o o d s 2...................................
Exports of nonagricultural
g o o d s ......................................
Im ports of nonpetroleum
g o o d s ......................................
5 4 .9
54 .5
53 .4
5 5 .3
57 .3
5 7 .8
60 .6
6 7 8 .6
649.1
669.1
6 4 7 .3
6 5 4 .6
654.1
6 6 3 .9
1 ,0 6 3 .6
1 ,0 8 8 .8
1 ,1 1 0 .2
1 ,1 2 4 .5
1 ,1 1 9 .8
1 ,1 4 3 .2
1 ,1 3 7 .8
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified
from goods to services.
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondu
rable nonautomotive consumer goods.
Exports of goods and
services.........................
Exports of goods1...................
Foods, feeds, and beverages
Industrial supplies and
m aterials.................................
Durable g o o d s .....................
Nondurable g o o d s .............
Capital goods, except
a u to m o tiv e ...........................
Civilian aircraft, engines,
and parts...........................
Com puters, peripherals,
and parts * .......................
O th e r .......................................
Autom otive vehicles,
engines, and p a rts .............
C onsum er goods, except
a u to m o tiv e ...........................
Durable g o o d s .....................
Nondurable g o o d s .............
O th e r............................................
Exports of services1...............
Transfers under U .S. m ilitary
agency sales c o n tra c ts ....
T ra v e l...........................................
Passenger fares.......................
Other tran s p o rtatio n ..............
Royalties and license fe e s ...
Other private services
O th e r............................................
R esidual...........................................
Imports of goods and
services.........................
Imports of goods’ ...................
Foods, feeds, and beverages
Industrial supplies and
m aterials, except
petroleum and p ro d u c ts ..
Durable g o o d s .....................
Nondurable g o o d s .............
Petroleum and products
Capital goods, except
au to m o tiv e ...........................
Civilian aircraft, engines,
and parts...........................
C om puters, peripherals,
and parts * .......................
O th e r.......................................
Autom otive vehicles,
engines, and p a rts .............
C onsum er goods, except
a u to m o tiv e ...........................
Durable g o o d s .....................
N ondurable g o o d s .............
O th e r............................................
1,076.1
785.2
1,058.8 1,077.7
756.9
773.5
2003
IV
I
II
III
1,061.6 1,058.1 1,055.5 1,079.3
750.3
750.8
764.7
753.9
6 2 .3
6 0 .9
59 .4
5 9 .6
61 .7
5 9 .7
60 .0
1 6 2 .2
61 .7
1 0 0 .4
1 6 2 .8
60 .5
102.2
163.1
6 0 .9
1 0 1 .9
1 6 3 .9
6 0 .4
1 0 3 .3
1 6 7 .0
61 .9
1 0 4 .9
1 6 5 .5
62.1
1 03.3
167.3
60 .5
1 06.5
3 5 5 .8
3 2 4 .8
3 3 6 .8
3 1 8 .6
3 1 6 .7
3 1 5 .8
3 2 8 .5
4 4 .8
4 2 .2
46 .6
3 9 .3
37.1
35 .3
3 8 .4
7 5 .4
2 3 8 .6
6 4 .4
219.1
63 .6
2 2 5 .5
6 6 .3
2 1 5 .7
65.1
2 1 7 .6
6 3 .2
2 2 0 .4
6 8 .7
2 2 5 .0
73 .4
76.1
79 .9
7 4 .7
75 .8
7 5 .8
74 .6
8 7 .9
4 6 .0
4 1 .9
4 4 .5
8 4 .6
4 3 .9
4 0 .7
4 7 .3
8 6 .0
44 .8
4 1 .2
4 7 .7
8 5 .6
4 3 .9
4 1 .7
4 7 .0
86 .7
4 2 .9
4 3 .8
45.1
88 .3
4 4 .5
4 3 .8
4 4 .6
90 .3
4 6 .0
44 .3
43 .6
292.0
301.5
304.0
310.0
303.5
303.9
313.5
11 .5
6 5 .5
1 7 .0
2 6 .6
3 5 .6
119.1
19 .3
11 .8
6 4 .4
16.1
2 6 .4
3 7 .8
126 .8
21 .2
11 .6
6 4 .2
1 5 .8
26 .3
3 8 .4
129.3
21 .7
12 .0
68.1
1 6 .9
2 6 .8
3 7 .2
1 2 9 .6
22 .4
12.0
62 .2
14 .3
26 .0
38 .4
131.9
22 .5
12 .7
5 8 .2
14.1
2 7 .4
38 .5
1 3 4 .7
2 2 .6
13.8
63 .2
15 .5
2 6 .0
3 8 .6
1 3 7 .7
2 2 .9
-7 .5
- 3 .0
-1 .1
- 3 .3
-5 .1
- 5 .4
-6 .0
1,492.0 1,547.4 1,565.7
1,270.5 1,320.1 1,340.3
1,593.8 1,568.4 1,601.7 1,602.0
1,360.8 1,337.4 1,380.4 1,371.3
51 .7
5 4 .6
55 .0
5 5 .7
57 .4
58.1
5 7 .6
1 6 0 .9
8 1 .0
7 9 .7
8 9 .2
1 6 6 .7
8 5 .2
8 1 .3
8 6 .7
169.1
85 .9
83 .0
85 .5
1 7 1 .9
89 .0
8 2 .7
9 0 .2
168.8
86 .7
8 1 .9
87 .3
1 6 8 .9
8 3 .6
8 4 .6
9 7 .4
172.1
83 .3
87 .8
9 5 .8
40 0 .0
3 9 3 .2
3 9 4 .9
3 9 7 .6
3 9 4 .9
4 0 6 .5
4 0 7 .0
27 .3
2 1 .9
18 .9
2 2 .6
20.1
20.1
19.2
138 .4
2 3 6 .6
1 5 2 .3
22 9 .5
1 51.3
2 3 6 .2
1 5 4 .3
23 1 .3
1 53.5
2 3 3 .2
159 .8
2 3 9 .8
164.4
2 3 8 .9
1 8 6 .7
200.1
2 0 5 .9
2 0 3 .4
1 98.8
2 0 5 .3
2 0 0 .2
2 9 8 .9
1 59.6
1 39.4
7 9 .8
32 6 .6
1 77.5
1 49.4
8 3 .8
3 3 4 .4
1 80.6
1 54.0
8 6 .6
3 4 3 .2
183.1
1 6 0 .2
88.1
3 4 8 .6
182.1
1 66.3
73 .8
3 4 9 .3
184 .2
1 6 5 .0
82 .5
3 5 0 .3
1 8 6 .6
1 6 3 .7
77 .6
Imports of services 1...............
222.4
227.2
226.0
233.0
230.7
223.8
231.2
Direct defense expenditures
T ra v e l...........................................
Passenger fares........................
Other tran s p o rtatio n ..............
Royalties and license fe e s ...
Other private services
O th e r............................................
17 .5
63 .5
17 .7
3 3 .6
15 .0
6 9 .8
8.0
2 0 .9
6 1 .9
16.2
35.1
16.7
70 .4
8.3
20 .6
60 .0
15.5
35.1
17.5
71.2
8.2
20 .8
6 3 .6
17 .6
36.1
15.5
7 3 .0
8 .2
21 .5
58 .5
16.6
36 .6
16.6
74 .5
8.2
2 1 .9
5 1 .5
16 .0
3 5 .8
17.1
7 5 .0
8.1
2 1 .9
57 .8
17.7
3 4 .0
17.2
76 .5
8 .0
R esidual...........................................
-2 .5
-4 .4
- 5 .3
-1 .6
- 5 .2
-4 .1
- 6 .2
7 0 .5
6 8 .8
65 .8
6 6 .9
68 .8
6 8 .2
70.1
Addenda:
Exports of agricultural
g o o d s 2 ...................................
Exports of nonagricultural
g o o d s ......................................
Im ports of nonpetroleum
g o o d s ......................................
7 1 4 .9
6 8 8 .5
7 0 7 .4
6 8 3 .5
6 8 5 .4
6 8 2 .9
6 9 4 .9
1,177.1
1 ,2 2 9 .8
1 ,2 5 2 .3
1 ,2 6 6 .4
1 ,2 4 6 .9
1,275.1
1 ,2 6 8 .2
* The chained-dollar estimates for computers can be used to accurately measure the real growth rate of this
component. However, for computers, or for other components that exhibit rapid changes in prices relative to
other prices in the economy, the chained-dollar estimates should not be used to measure the component's rela
tive importance or its contribution to the growth rate of more aggregate series.
Note. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not addi
tive. For exports and for imports, the residual line is the difference between the aggregate line and the sum of the
most detailed lines.
Chain-type quantity indexes for the series in this table are shown in table 7.10.
Contributions to the percent change in real exports and in real imports of goods and services are shown in table
8.5.
See footnot
@FedFRASER