Full text of Survey of Current Business : October 1990
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October 1990 / Volume 70 Number 10 SURVEY OF CURRENT BUSINESS 1 Business Situation 5 National Income and Product Accounts 5 19 U.S. Department of Commerce Robert A. Mosbacher / Secretary Michael R. Darby / Undersecretary for Economic Affairs Bureau of Economic Analysis AllanH, Young / Director Carol S. Carson / Deputy Director 21 Regional Perspectives 21 SURVEY OF CURRENT BUSINESS. Published monthly by the Bureau of Economic Analysis of the U.S. Department of Commerce. Editorial correspondence should be addressed to the Editor-inChief, SURVEY OF CURRENT BUSINESS, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Annual subscription: Second-class mail— $23.00 domestic, $28.75 foreign; first-class mail— $52.00, Single copy—$6.50 domestic, $8.13 foreign. Mail subscription orders and address changes to the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. Make checks payable to the Superintendent of Documents. Second-class postage paid at Washington, DC andatadditionalmailingoffices. (USPS 337-790). The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the public business required by law of this Department. Personal Income Growth Slowed in Second Quarter 1990 23 State Personal Income, Summary Estimates for Second Quarter 1990 26 Metropolitan Statistical Area Projections of Income, Employment, and Population to the Year 2000 31 Summary Fixed Reproducible Tangible Wealth Series, 1925-89 Editor-in-Chief: Douglas R. Fox Managing Editor: Leland L.Scott Publication Staff: W. Ronnie Foster, M. Gretchen Gibson, Donald J. Parschalk Selected NIPA Tables NIPA Charts C-pages: Business Cycle Indicators (Seepage C-l for contents) Stages: Current Business Statistics (Seepage S-36for contents and subject index) Inside back cover: BEA Information NOTE.—This issue of the SURVEY went to the printer on November 6,1900. It incorporates data from the following monthly BEA news releases: Gross National Product (Oct. 30), Personal Income and Outlays (Oct. 31), and Composite Indexes of Leading, Coincident, and Lagging Indicators (Nov. 2). the BUSINESS SITUATION CHART 1 U .S. production, as measured by real CrNP, increased 2 percent in the third quarter of 1990 after increasing V2 percent in the second quarter and 1V2 percent in the first (chart 1 and table I).1 GNP, which measures production attributable to factors of production supplied by U.S. residents, includes net factor income received from abroad. This item has been quite volatile in recent quarters. Gross domestic product (GDP) is a measure of production that excludes net factor income and, consequently, reflects production attributable to factors of production located in the United States. In recent quarters, changes in real GDP have varied somewhat less than those in real GNP; for example, real GDP increased less than real GNP in the third quarter: Real GDP increased 1V2 percent after increasing 1 percent in the second quarter and 2 percent in the first. NOTE.—Daniel Larkins of the Current Business Analysis Division was primarily responsible for preparing this article, with contributions from Douglas R. Fox, Larry R. Moran, Ralph W. Morris, and Mira A. Piplani. 1. The regularly featured estimate of real GNP is based on 1982 weights. An alternative estimate of real GNP growth based on more current weights can be calculated using the change in the chain price index, which 3s published in table 8.1 of the "Selected NIPA Tables." This alternative measure increased llfa percent in the third quarter after increasing 1 percent in the second. Growth of real GNP in 1987 dollars, another measure based on more current weights, will be published in the "Reconciliation and Other Special Tables" in the November SURVEY OF CURRENT BUSINESS. Despite the step-up in GNP, the Selected Measures: third quarter was the sixth consecutive Change From Preceding quarter in which real GNP grew at a rate of 2 percent or less. In terms of the Percent major components, personal consump- 10 REAL GNP tion expenditures (PCE) increased considerably more in the third quarter than in the second, and fixed investment increased after declining in the second quarter. Movements in these components were partly offset by a downswing in inventory investment -5 (that is, change in business inventories) and by a slowing in government purchases. Net exports declined about -10 the same amount in the third quarter 10 REAL GROSS DOMESTIC PURCHASES as in the second. (The components of GNP will be discussed in detail in the November "Business Situation/') Turmoil in the Middle East and the associated jump in crude oil prices in August and September appear to have had little identifiable effect on -5 third-quarter GNP and final sales of GNP. The advance GNP estimate for the third quarter incorporated -10 monthly source data for all 3 months 10 GNP PRICE INDEX (FIXED WEIGHTS) of the quarter for PCE and producers' durable equipment (see box on page 2). Together, these components account for about three-fourths of final sales. These data do not show a weakening during the quarter.2 2. Source data on inventory change in September, which became available after the advance estimate of GNP was released, likewise suggest no weakening. However, September source data on nonresidential structures, which also became available after the advance estimate of GNP was released, do show some slowing. 10 Quarter GROSS DOMESTIC PURCHASE PRICE INDEX (FIXED WEIGHTS) BEA Vacancies BEA is hiring additional staff—primarily economists and accountants. The positions are in national economic accounting, balance of payments accounting, and international investment surveys. Requests for information, including how to apply for these positions, may be addressed to James J. Hartman, Administrative Officer, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230; phone (202) 523-0508. 1987 1988 1989 1990 Note.—Percent change at annual rate from preceding quarter; U.S. Department of Commerce, Bureau of Economic Analysis 90-10-1 1 SURVEY OF CURRENT BUSINESS October 1990 purchases of fuel appear to have been sales of motor vehicles increased 2 perheld down by use of fuel from gov- cent in the third quarter after declining ernment inventories. Third, some ex- 6 percent in the second. In terms of units (at seasonally adpenditures on other operations may have been reduced to provide funds to justed annual rates), domestic car production increased 0.6 million to 7.0 finance Middle East operations. million, the highest level in five quarMotor vehicles.—Motor vehicle out- ters. Domestic car sales increased 0.4 put increased 13 V2 percent in the third million, to 7.2 million. Domestic car inquarter and accounted for about lk per- ventories increased 0.1 million, to 1.4 centage point of GNP growth; motor million at the end of the third quarter. vehicle output had increased 48 V2 per- The inventories-sales ratio in the third cent in the second quarter. Real final quarter was unchanged at 2.3, which is close to the industry target. Some of the strength in motor vehicle Table 1—Gross National Product in Constant Dollars sales and production in the third quar[Seasonally adjusted at annual rates] ter reflected special developments and, Billions of 1982 dollars Percent change from preceding thus, may be short lived. The thirdquarter Level Change from preceding quarter quarter increase in production appears 1989 1990 1989 1990 to have been partly due to less "down1990:111 I IV II III time" to retool for model changeover II IV I III than is usual for a third quarter; less Gross national product .. . 17.4 4,173.6 3.5 4.5 18.5 0.3 1.7 0.4 1.8 "downtime" was needed because manPersonal consumption expenditures.. . . -5.4 7.4 2,702.7 1.5 23.9 -.8 .2 1.1 3.6 ufacturers had retooled for a number Durable goods 430.0 -15.0 14.5 -10.8 3.2 -13.0 14.4 -9.5 3.0 of 1991 models earlier in the year. Nondurable goods , -.4 ^.4 -7.4 915.0 3.8 -.2 -3,2 -1.9 1.7 Services Current fourth-quarter plans call for 10.0 .4 16.6 1357.7 .1 16.9 3.1 5.1 5.1 a number of plant closings and lower Gross private domestic investment . -.1 -8.4 700.6 -132 0 -7.1 -.1 -4.7 0 production. Fixed investment ... 692.9 -7.5 12.7 -11.7 1.7 -4.2 7.6 -6.5 1.0 Nonresidential... .. . -4.9 6.2 -6.2 517.6 9.2 -3.8 5.0 -4.7 7.4 Anecdotal evidence suggests that the 122.4 .4 -2.9 Structures , .7 1.5 1.3 2.3 -9.0 5.1 third-quarter increase in car sales in5.4 Producers' durable equipment. 395.2 -5.2 7.7 -5.2 -3.3 5.7 -3.3 8.2 Residential . -2.6 6.5 175.3 -7.5 -5.5 -5.5 15.1 -11.2 -154 cluded a sharp increase in fleet sales to Change in business inventories ,... -5.7 7.8 -21.1 11.7 -17 Nonfarm -3.4 8.2 -6.4 -23.5 19.8 businesses, reflecting more aggressive Farm 2.4 -.4 .7 1.7 -8.1 fleet-marketing programs that may Net exports of goods and services 16.2 12.5 -9.2 -52.5 -7.9 have shifted some new-car purchases Exports 622.0 19.1 16.5 1.9 -8.0 13.5 11.2 -5.0 1.2 scheduled for the fourth quarter into Imports . 4.1 1.2 674.5 2.8 9.8 1.7 6.0 2.5 .7 the third. If source data show this to be Government purchases of goods and services 822.8 6.0 5.7 12.3 2.6 3.0 6.2 2.9 1.3 true, then business purchases of new Federal 345.6 .3 -.4 .4 12.9 -.3 -.3 16.4 -.3 11 cars (included in producers' durable National defense 2.1 256.8 -4,7 .3 -7.0 -1.7 3.3 .5 4.4 1.4 88.8 10.8 Nondefense -.6 26.5 7.5 67.4 -2.7 equipment) were stronger in the third 7 477.2 5.5 State and local. . 6.3 2.9 5.6 4.8 -.6 2.5 quarter than the advance estimates Addendum: 12.4 Gross domestic product 4,147.0 18.7 -.6 16.4 -.1 1.8 1.2 1.6 indicate, and consumer purchases (included in PCE) were correspondingly NOTE.—Percent changes are found in table 8.12 of the "Selected NIPA Tables." Dollar levels are found in table 1.2. and 1.8. weaker. The advance estimates assume that the shares of consumer purchases and business purchases of new NOTE.—Quarterly estimates in the national income and product accounts are expressed at cars were about the same as in the seasonally adjusted annual rates, and quarterly changes in them are differences between these second quarter. rates. Quarter-to-quarter percent changes are annualized (and those used in the text are Four developments in the third quarrounded to the nearest lk percent). Real, or constant-dollar, estimates are expressed in 1982 ter were consistent with a smaller dollars. The advance GNP estimate for the third quarter is based on the following major source data, some of which are subject to revision. (The number of months for which data were available increase in new-car purchases by conis shown in parentheses.) sumers. First, many of the factors usually associated with consumer spendPersonal consumption expenditures: Sales of retail stores (3), and unit auto and truck sales (3); ing showed weakness: Real disposable personal income declined, the unNonresidential fixed investment: Unit auto and truck sales (3), construction put in place (2), manufacturers' shipments of machinery and equipment (3), and exports and imports of employment rate increased, and conmachinery and equipment (2); sumer confidence (as measured by the Residential investment: Construction put in place (2), and housing starts (3); Index of Consumer Sentiment prepared by the University of MichiChange in business inventories: Manufacturing and trade inventories (2), and unit auto inventories (3); gan's Survey Research Center) dropped sharply. Second, many sales-incentive Net exports of goods and services: Merchandise exports and merchandise imports (2); programs offered by manufacturers in Government purchases of goods and services: Federal outlays (2), and State and local the third quarter were only marginally construction put in place (2); more attractive than those offered in GNP prices: Consumer Price Index (3), Producer Price Index (3), nonpetroleum merchandise the second. Third, interest rates on export and import price indexes (3), and values and quantities of petroleum imports (2). new-car loans increased slightly in the The small increase ($V2 billion) in national defense purchases by the Fdderal Government is, perhaps, surprising in light of the buildup of U.S. troops in the Middle East. The explanation appears to be threefold. First, most of the compensation paid to U.S. forces in the Middle East would have been paid even if the troops had not been deployed there. Increases in compensation—such as hazardous duty pay—associated with the deployment were relatively small. Second, SURVEY OF CURRENT BUSINESS October 1990 third quarter. Fourth, gasoline prices jumped sharply, so the cost of operating a vehicle increased. However, two third-quarter developments that were consistent with a larger increase in new-car purchases by consumers were a decline in new-car prices and announcements by manufacturers of sizable price increases on 1991 models that were to be introduced in late September and early October. Sales of imported cars fell to 2.5 million in the third quarter—the lowest level in more than 5 years—from 2.7 million in the second. Domestic truck production was down in the third quarter after increasing in the second. Sales of new trucks totaled 4.8 million in the third quarter, about the same as in the second quarter; sales of light domestic trucks increased slightly, to 4.1 million, and sales of light imported trucks declined slightly, to 0.3 million. Truck inventories declined in the third quarter after increasing in the second. Prices Price measures for two BEA aggregates, GNP and gross domestic purchases, show different pictures of inflation in the U.S. economy in the second and third quarters. The GNP price index (fixed weights) increased 4 percent, the same rate as in the second quarter; Table 2.—Price Indexes (Fixed Weights): Change From Preceding Quarter [Percent change at annual rates; based on seasonally adjusted index numbers (1982=100)] 1990 1989 GNP. Less: Exports Plus: Imports Equals: Gross domestic purchases IV I II HI 38 66 39 41 o 40 50 34 92 -70 14 1 4.2 7.0 2.9 5.0 34 Less: Change in business inventories...... Equals: Final sales to domestic purchasers. Personal consumption expenditures......... Nonresidential structures Producers' durable equipment Residential investment..., Government purchases Addenda: Categories of gross domestic purchases: Food" Energy2 Other 4.2 6.9 29 50 4.7 14 7.4 2.8 .5 34 3.5 72 3.1 19 14 .3 30 5.7 28 17 2.2 45 1i -7 8 40 243 44 54 5.0 134 10 17 3 43 54 39 Personal income 41 1. Consists of all components of gross domestic purchases for which separate estimates are prepared. The major component that is not included is purchases of food by the Federal Government other than transactions by the Commodity Credit Corporation. 2. Consists of all components of gross domestic purchases for which separate estimates are prepared. The major components that are not included are the gasoline and motor oil portions of inventories held by gasoline service stations and the energy portions of inventories held by businesses that do not produce energy for sale. NOTE.—Percent changes in major aggregates are found in table 8.1 of the "Selected NIPA Tables." Most index number levels are found in tables 7.1 and 7.3. prices.) The sharp changes in import prices were largely traceable to petroleum prices, which surged following the Iraqi invasion of Kuwait in early August. The third-quarter acceleration in gross domestic purchases prices was largely attributable to a sharp upswing in energy prices (chart 2). Energy prices increased 24 V2 percent after an 8-percent decline in the second quarter. Food prices also picked up, increasing 4 percent after increasing 1 percent. Prices of gross domestic purchases less food and energy—which may be viewed as a measure of underlying inflation in the U.S. economyincreased 4 percent in the second and third quarters, a rate that was somewhat less than the rate in the first quarter and about the same as the average increase in 1989. Among major components, PCE prices increased 5V2 percent in the third quarter after increasing 3 percent in the second. The acceleration was largely attributable to the sharp CHART 2 upswing in energy prices. Prices of gasoline and oil and of fuel oil and Gross Domestic Purchases coal both increased substantially after Prices (Fixed Weights): declining; in contrast, prices of electricChange From Preceding Quarter ity and gas declined somewhat more Percent than in the second quarter. PCE food 8 prices picked up; prices of dairy prodGROSS DOMESTIC PURCHASES ucts and of fresh vegetables increased Total after declining in the second quarter, and prices of fresh fruits declined less in the third quarter than in the second. Other PCE prices increased 5 percent, Less Food and Energy slightly more than in the second quarter; motor vehicle prices changed little after a decline, and housing costs increased nearly twice as much as in the second quarter. Prices of both fixed investment and government purchases increased more in the third quarter than in the second. The pickup in fixed investment prices, from 1V2 percent to 2 percent, was widespread. The pickup in prices paid by government, from 3 percent to 4V 2 percent, was also widespread; in particular, increases in prices of State and local government purchases of goods and structures accelerated. the price index for gross domestic purchases (fixed weights) increased 5 percent after increasing 3 percent (table 2). For many applications, the price index for gross domestic purchases is preferable as a measure of U.S. inflation because it measures prices of goods and services purchased*, the GNP price index measures the prices of goods and services produced. (For a discussion of conceptual differences between the two price measures, see the February 1987 "Business Situation.") The differences in the increases in the two measures in the second and third quarters were accounted for by import prices, which dropped 7 percent in the second quarter and jumped 14 percent in the third; export prices increased 3V2 percent in each quarter. (Export prices are included in GNP prices but not in gross domestic purchases prices; import prices are subtracted out in deriving GNP prices but not in deriving gross domestic purchases -5 -10 1987 1988 1989 1990 Note—Percent change at an annual rate from preceding quarter based on seasonally adjusted index numbers (1982 = 100). U.S. Department of Commerce, Bureau of Economic Analysis 90-10-2 Real disposable personal income (DPI) declined V2 percent in the third quarter after increasing V2 percent in the second, and the personal saving rate declined 1.0 percentage point to 4.0 percent (chart 3). The downswing in real DPI reflected the acceleration SURVEY OF CURRENT BUSINESS October 1990 Farm proprietors' income declined $8 billion in the third quarter after declining $6V2 billion in the second. Federal agricultural subsidy payments to farmers declined $6 V2 billion in the third quarter after declining $5 billion in the second. The declines in subsidies mainly reflected declines in deficiency payments—payments made because the market price of a crop is, or is projected to be, below the Federal target price—and in disaster relief payments. Farm income excluding subsidies declined $2 billion in the third quarter after declining $1V2 billion in the second. The third-quarter decline largely reflected farmer transactions under the Commodity Credit Corporation commodity loan program; the second-quarter decline reflected lower market prices. Nonfarm proprietors' income increased $4V2 billion, about 3 the same as in the second quarter. Rental income increased $3 V2 billion in the third quarter after declining $1 billion in the second. The increase largely reflected increases in housing output associated with higher rents and in royalty income associated with higher oil prices. in PCE prices just discussed. Currentdollar disposable personal income increased more in the third quarter than in the second, as personal tax and nontax payments slowed more than personal income. Among the (current-dollar) components of personal income, wage and salary disbursements were up $37 billion in the third quarter, $7]/2 billion less than in the second (table 3). The slowdown in private wages and salaries was in the manufacturing, where employment declined more than in the second quarter, and in the distributive industries, where average weekly hours declined in the third quarter after increasing in the second. Government wages and salaries also increased less than in the second quarter. Selected Personal Income and Saving Measures Billion $ 150 120 - Transfer payments increased more than in the second quarter, and increases in other labor income, personal dividend income, and personal interest income were similar to increases in the second quarter. Personal contributions for social insurance, which are subtracted in deriving the personal income total, registered a larger increase than in the second quarter. Contributions were reduced in the second quarter as a result of the repeal of the major provisions of the Medicare Catastrophic Act of 1988. Personal tax and nontax payments increased $12V2 billion in the third quarter after increasing $21V2 billion in the second. The second-quarter increase had included large payments of estate and gift taxes. Disposable personal income increased 4V 2 percent in the third quarter, a little more than in the second. Personal outlays (largely PCE) were up substantially more than disposable personal income in the third quarter; thus, personal saving fell $35 V2 billion. The resulting 1.0-percentage-point drop in the personal saving rate followed three consecutive quarterly increases. Table 3.—Personal Income and Its Disposition [Billions of dollars; seasonally adjusted at annual rates] Change from preceding quarter Level 1990:111 Wage and salary disbursements Commodity-producing industries Manufacturing Other Distributive industries Service industries Government and government enterprises . ...... 2,733.3 735.1 551.2 183.9 642.4 844.6 511.3 II I IV 26.1 -.8 -2.3 1.4 7.5 12.6 6.8 38.9 3.2 .3 2.9 12.4 12.9 10.4 HI 44.7 6.5 6.9 -.4 10.3 19.3 8.6 37.0 4.0 3.1 .9 5.1 22.4 5.6 Other labor income 260.0 4.0 5.3 3.6 3.6 Proprietors' income Farm Nonfarm 398.0 42.8 355.2 13.6 7.0 6.5 22.3 11.7 10.6 -2.3 -6.4 4.2 -3.7 -8.2 4.4 7.6 124.9 686.4 1.7 2.5 9.7 1.4 2.3 5.6 -1.2 2.4 7.5 3.3 2.0 8.4 Rental income of persons Personal dividend income Personal interest income . Transfer payments 696.0 Less' Personal contributions for social insurance 228.6 Personal income Equals' Disposable personal income . Less' Personal outlays 14.1 1.8 25.0 7.1 5.8 9.3 1.2 4.5 4,677.7 66.4 93.6 59.4 709.0 10.1 5.5 21.4 12.5 3,968.6 56.2 88.1 38.0 42.9 3,809.2 36.7 70.9 34.2 19.6 17.2 Less' Personal tax and nontax payments PERSONAL SAVING RATE 1990 1989 159.4 Equals' Personal saving . . . . 55.5 3.8 78.6 -35.7 Addenda: Special factors in personal income: In wages and salaries: Federal Government and Postal Service pay adjustments , In farm proprietors' income: Agricultural subsidy payments In transfer payments: Social security retroactive payments Cost-of-living increases in Federal transfer payments 1987 1988 1989 1990 In personal contributions for social insurance: Social security rate and base changes and increase in premium for supplementary medical insurance Medicare insurance premiums ... . . Based on Seasonally Adjusted Annual Rates Note.—Changes are from preceding quarter. U.S. Department of Commerce, Bureau of Economic Analysis 90-10-3 .. NOTE.—Most dollar levels are found in table 2.1 of the "Selected NIPA Tables." .2 4.2 .5 .4 5.8 2.9 -5.1 -6.3 .7 -.9 14.7 .4 -.4 5.8 -2.1 -i.6 3.7 NATIONAL INCOME AND PRODUCT ACCOUNTS Selected NIPA Tables New estimates in this issue: Third quarter 1990, advance. The selected set of 54 national income and product accounts (NIPA) tables shown in this section presents quarterly estimates, which are updated monthly. (In most of these tables, annual estimates are also shown.) The full set of 132 tables usually shown in July presents annual NIPA revisions. For more information on the presentation of the estimates, see "National Income and Product Accounts Estimates: When They are Released, Where They Are Available, and How They Are Presented" in the July 1988 SURVEY. The tables shown are available the day of the GNP news release on printouts and diskettes on a subscription basis or from the Commerce Department's Economic Bulletin Board. Estimates for 1986-89 are in the July 1990 issue of the SURVEY; estimates for 1985 are in the July 1988 issue; estimates for 1984 are in the July 1987 issue; estimates for 1983 are in the July 1986 issue. Estimates for 1929-82 are in National Income and Product Accounts, 1929-82: Statistical Tables. For more information, write to National Income and Wealth Division (BE-54), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division. Table 1.1.—Gross National Product Table 1.2.—Gross National Product in Constant Dollars [Billions of dollars! [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II III 1990 IV I II 1988 n III 4,873.7 5,200.8 5,174.0 5,238.6 5,2893 5375.4 5,443.3 5,514.4 Gross national product Personal consumption expenditures "... 3,238.2 3,450.1 3,425.9 3,484.3 3318.5 3,588.1 3,622.7 3,700.6 Durable goods Nondurable goods Services ' 457.5 474.6 473.6 487.1 471.2 492.1 478.4 483.1 1,060.0 1,130.0 1,127.1 1,137.3 1,148.8 1,174.7 1,179.0 1,202.8 1,720.7 1,845.5 1,825.1 1,859.8 1,898.5 1,921.3 1,965.3 2,014.7 Gross national product 747.1 771.2 776.7 775.8 762.7 747.2 759.0 759.6 720.8 488.4 139.9 348.4 232.5 26.2 29.8 -3.6 742.9 511.9 146.2 365.7 231.0 28.3 23.3 5.0 744.0 511.4 144.2 367.2 232.7 32.7 26.1 6.6 746.9 518.1 147.0 371.0 228.9 28.9 26.2 2.6 737.7 511.8 147.1 364.7 225.9 25.0 24.1 .9 758.9 523.1 148.8 374.3 235.9 -11.8 -17.0 5.3 745.6 516.5 147.2 369.3 229.1 13.4 13.0 .5 750.9 530.1 150.2 379.9 220.8 8.8 7.8 1.0 Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm -74.1 -46.1 -51.3 -49.3 -35.3 -30.0 -24.9 -49.2 Net exports of goods and services ' 552.0 626.1 626.2 672.3 628.8 680.0 623.7 673.0 642.8 678.1 661.3 691.3 659.7 684.6 662.6 711.8 Government purchases of goods and services Federal National defense Nondefense State and local 962.5 1,025.6 1,022.7 1,027.8 1,043.3 1,070.1 1,086.4 1,103.4 380.3 297.2 83.1 582.3 400.0 301.1 98.9 625.6 402.5 300.6 101.9 620.2 399.2 306.3 93.0 628.6 399.9 299.2 100.7 643.4 410.6 307.2 103.4 659.6 421.9 309.6 112.3 664.6 425.4 311.1 114.3 678.0 IV I II III 4,016.9 4,117.7 4,112.2 4,129.7 4,133.2 4,150.6 4,155.1 4,173.6 418.2 428.0 428.2 438.1 423.1 437.6 426.8 430.0 915.0 909.4 919.9 914.6 923.4 923.0 915.6 911.2 1,278.9 1,309.0 1,302.5 1,313.8 1,323.8 1,324.2 1,340.8 1,357.7 Durable goods Nondurable goods Services ' Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm Farm Exports ' Imports ' III Personal consumption expenditures1... 2,606.5 2,656.8 2,645.3 2,675.3 2,669.9 2,677.3 2,678.8 2,702.7 Gross private domestic investment Net exports of goods and services l 1990 1989 1989 Gross private domestic investment Exports ' Imports ' Government purchases of goods and services Federal National defense Nondefense State and local 705.7 716.9 719.1 722.3 709.1 700.7 700.7 700.6 682.1 487.2 122.4 364.8 194.9 23.6 26.5 -2.9 693.1 506.1 122.4 383.7 187.0 23.8 18,7 5.0 693.6 505.5 120.6 384.9 188.1 25.5 21.5 4.0 697.7 513.3 122.7 390.6 184.4 24.6 21.7 2.9 690.2 508.4 123.1 385.4 181.8 18.9 15.3 3.6 702.9 514.6 123.8 390.8 188.3 -2.2 -8.2 6.0 691.2 508.4 120.9 387.5 182.8 9.5 11.6 -2.1 692.9 517.6 122 A 395.2 175.3 7.8 8.2 -.4 -75.9 -54.1 -53.3 -64.1 -47.9 -35.4 -44.6 -52.5 534.7 610.6 593.3 647.4 593.2 646.5 592.5 656.6 611.6 659.4 628.1 663.5 620.1 664.7 622.0 674.5 780.5 798.1 801.0 796.2 802.2 807.9 820.2 822.8 328.1 260.7 67.5 452.4 334.9 256.3 78.7 463.2 339.9 255.7 84.2 461.1 333.0 260.2 72.8 463.2 332.7 255.5 77.2 469.5 333.0 254.4 78.6 475.0 345.9 256.5 89.4 474.3 345.6 256.8 88.8 477.2 1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars Table 1.3.—Gross National Product by Major Type of Product [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II III 1988 1990 IV I II 4,847.5 5,172.5 5,141.3 5,209.7 5,264.3 5,387.2 5,429.9 5,505.6 26.2 25.0 -11.8 13.4 28.3 32.7 28.9 8.8 1,935.1 2,072.7 2,079.4 2,090.2 2,085.9 2,111.0 2,146.6 2,160.8 Goods 1,908.9 2,044.4 2,046.8 2,061.3 2,060.9 2,122.8 2,133.1 2,152.0 13.4 26.2 8.8 28.3 32.7 28.9 25.0 -11.8 Final sales Change in business inventories Gross national product Final sales Change in business inventories 1990 1989 II III 4,873.7 5,200.8 5,174.0 5,238.6 5,289.3 5375.4 5,443.3 5,514.4 Gross national product Final sales Change in business inventories 1989 III IV I II III 4,016.9 4,117.7 4,112.2 4,129.7 4,133.2 4,150.6 4,155.1 4,173.6 3,993.2 4,094.0 4,086.6 4,105.1 4,114.4 4,152.8 4,145.6 4,165.8 23.8 24.6 18.9 -2.2 9.5 7.8 23.6 25.5 1,765.2 1,829.5 1,838.5 1,836.5 1,823.1 1,825.4 1,831.3 1,835.6 Goods Final sales Change in business inventories 1,741.6 1,805.7 1,813.0 1,811.9 1,804.3 1,827.6 1,821.8 1,827.8 24.6 -2.2 7.8 23.6 23.8 25.5 18.9 9.5 941.6 934.7 6.9 Durable goods Final sales Change in business inventories 874.5 856.7 17.8 907.5 897.7 9.8 908.7 901.6 7.2 919.5 914.1 5.4 904.4 894.2 10.2 914.3 932.1 -17.7 919.1 919.5 -.3 928.7 922.6 6.0 1,074.9 1,166.0 1,174.9 1,168.1 1,178.6 1,191.2 1,216.4 1,219.2 Nondurable goods 1,068.6 1,149.6 1,150.5 1,145.9 1,166.7 1,181.4 1,203.0 1,217.3 Final sales 6.4 16.4 13.4 Change in business inventories........ 22.2 11.9 9.8 1.9 24.3 Nondurable goods Final sales Change in business inventories 890.8 884.9 5.8 922.0 908.0 13.9 929.8 911.4 18.4 917.0 897.7 19.2 918.7 910.1 8.6 911.0 895.5 15.5 912.2 902.4 9.8 906.9 905.2 1.8 860.2 840.3 19.9 Durable goods Final sales Change in business inventories 906.6 894.7 11.9 904.6 896.2 8.4 922.1 915.4 6.6 907.4 894.2 13.2 919.9 941.4 -21.6 930.1 930.1 0 Services ..... 2,488.6 2,671.2 2,639.2 2,693.3 2,747.5 2,7913 2,834.2 2394.4 Structures ..... 450.0 456.9 455.3 455.0 455.9 473.0 462.5 459.2 NOTE. —Percent changes from preceding period for selected items in this table are shown in table 8.1. Services Structures ., 1,870.5 1,915.6 1,902.5 1,923.5 1,939.7 1,943.7 1,952.5 1,971.6 381.1 372.7 371.1 369.8 370.4 381.5 371.2 366.4 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS October 1990 Table 1.5.—Relation of Gross National Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.6.—Relation of Gross National Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II Gross national product 1990 HI IV I II 1988 III 4,873.7 5,200.8 5,174.0 5,238.6 5,289.3 5375.4 5,443.3 5,514.4 Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases 552.0 626.1 2 Less: Change in business inventories Equals: Final 3sales to domestic purchasers . 626.2 672.3 628.8 680.0 623.7 673.0 642.8 678.1 661.3 691.3 659.7 684.6 662.6 711.8 4,947.8 5,246.9 5,225.3 5,287.9 5324.6 5,405.3 5,468.2 5,563.7 26.2 28.3 32.7 28.9 25.0 -11.8 13.4 8.8 4,921.6 5,218.6 5,192.6 5,259.0 5,299.6 5,417.1 5,454.7 5,554.9 II 534.7 610.6 2 Less: Change in business inventories Equals: Final sales to domestic purchasers 3 III IV I II III 4,016.9 4,117.7 4,112.2 4,129.7 4,133.2 4,150.6 4,155.1 4,173.6 Gross national product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases 1990 1989 1989 593.3 647.4 593.2 646.5 592.5 656.6 611.6 659.4 628.1 663.5 620.1 664.7 622.0 674.5 4,092.8 4,171.8 4,165.4 4,193.9 4,181.1 4,185.9 4,199.7 4,226,1 23.6 23.8 25.5 18.9 24.6 -2.2 9.5 7.8 4,069.1 4,148.1 4,139.9 4,169.3 4,162.2 4,188.1 4,190.1 4,2183 1. See the box on .page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 2. Purchases in the United States of goods and services wherever produced. 3. Final sales in the United States of goods and services wherever produced. 1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 2. Purchases in the United States of goods and services wherever produced. 3. Final sales in the United States of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.7.—Gross National Product by Sector Table 1.8.—Gross National Product by Sector in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II Gross national product Business Nonfarm Nonfarm less housing Housing Statistical discrepancy Federal State and local Rest of the world . IV I II 1988 4,873.7 5,200.8 5,174.0 5,238.6 5,289.3 5375.4 5,443.3 5,514.4 * 4,147.8 4,418.1 4,402.8 4,449.8 4,483.1 4,551.8 4,613.5 4,667.4 4,095.3 4,346.6 4,334.7 4,379.4 4,399.5 4,455.8 4,522.1 4,577.1 3,695.3 3,915.3 3,910.4 3,939.4 3,955.8 4,007.6 4,067.5 4,112.6 400.0 431.2 424.2 440.1 443.7 448.1 454.7 464.4 80.7 88.6 88.4 95.3 93.5 86.7 86.7 94.6 -3.2 -3.2 -28.2 -17.0 -20.3 -16.2 -3.0 .7 1989 1989 III 4,840.2 5,163.2 5,141.4 5,201.4 5,246.5 5333.8 5,411.7 5,479.6 Gross domestic product Households and institutions Private households Nonprofit institutions III 1990 II Gross national product Gross domestic product Business Nonfarm Nonfarm less housing Housing Statistical discrepancy III 1990 IV I II III 4,016.9 4,117.7 4,112.2 4,129.7 4,133.2 4,150.6 4,155.1 4,173.6 3,988.6 4,087.6 4,085.8 4,100.1 4,099.5 4,118.2 4,130.6 4,147.0 3,473.9 3,557.9 3,557.9 3,567.9 3,564.4 3,580.0 3,587.2 3,600.2 3,422.2 3,492.9 3,496.4 3,503.5 3,487.5 3,500.3 3,510.3 3,523.0 3,133.0 3,196.0 3,200.5 3,205.3 3,187.8 3,199.1 3,208.4 3,220.5 289.2 296.9 296.0 298.2 299.7 301.2 301.8 302.4 79.4 77.4 79.1 78.8 77.9 79.3 79.7 75.3 -2.4 .6 -2.5 -2.5 -23.6 -13.8 -16.4 -13.0 187.3 9.7 177.6 203.6 10.3 193.3 200.8 10.2 190.6 206.5 10.3 196.2 210.3 10.4 199.9 215.0 10.5 204.5 221.4 10.8 210.6 229.4 10.9 218.5 Households and institutions Private households Nonprofit institutions 137.5 9.2 128.3 146.2 9.5 136.6 145.2 9.5 135.7 148.0 9.6 138.4 149.2 9.7 139.6 150.8 9.7 141.2 153.6 9.8 143.7 156.7 9.8 147.0 505.1 159.3 345.8 541.6 168.6 373.0 537.8 168.2 369.6 545.1 168.7 376.4 553.0 169.7 383.3 567.0 176.6 390.4 576.7 179.2 397.5 582.9 178.4 404.5 Government Federal State and local 377.2 126.1 251.1 383.5 126.5 257.0 382.7 126.4 256.3 384.2 126.5 257.7 385.9 126.8 259.2 387.4 127.0 260.4 389.9 128.2 261.7 390.1 127.4 262.7 33.5 37.6 32.6 37.2 42.8 41.6 31.6 34.8 28.3 30.2 26.4 29.6 33.7 32.4 24.5 26.6 Addendum: Rest of the world Addendum: Gross domestic business product less housing 3,739.5 3,978.4 Gross domestic business product less 3,176.2 3,252.6 housing NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS October 1990 Table 1.9.—Relation of Gross National Product, Net National Product, National Income, and Personal Income Table 1.14.—National Income by Type of Income [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II III 1988 1990 IV I II II National income Less: Capital consumption allowances with capital consumption adjustment.. Capital consumption allowances without capital consumption adjustment Less: Capital consumption adjustment 514.3 554.4 543.0 567.5 572.5 567.0 571.1 578.7 535.1 541.9 539.0 544.6 544.3 538.6 539.3 540.7 20.8 -12.6 -3.9 -22.9 -28.2 -28.4 -31.8 -38.0 4,359.4 4,646.4 4,631.1 4,671.1 4,716.8 4308.4 4,872.2 4,935.7 Equals: Net national product Less: Indirect business tax and nontax liability Business transfer payments Statistical discrepancy 388.7 30.3 -28.2 414.0 32.4 -17.0 411.1 32.1 -20.3 419.9 32.7 -16.2 421.5 33.4 -3.0 431.7 34.1 .7 433.0 34.7 -3.2 444.7 35.4 Plus: Subsidies less current surplus of government enterprises 16.2 6.3 8.5 -2.6 2.2 8.4 3.6 -7.5 3,984.9 4,223.3 4,216.8 4,232.1 4,267.1 4350.3 4,4113 Equals: National income Less: Corporate profits with inventory valuation and capital consumption adjustments Net interest Contributions for social insurance Wage accruals less disbursements Plus: Government transfer payments to persons Personal interest income Personal dividend income Business transfer payments 337.6 371.8 311.6 445.1 321.4 443.4 306.7 456.2 290.9 461.7 296.8 463.6 306^6 466.2 468.9 442.6 476.8 474.6 479.1 484.2 498.9 503.9 511.3 0 0 0 0 0 0 0 557.4 547.9 102.2 30.3 604.5 643.2 114.4 32.4 598.1 642.1 113.2 32.1 609.1 655.2 115.7 32.7 622.5 664.9 118.2 33.4 646.8 670.5 120.5 34.1 652.0 678.0 122.9 34.7 Compensation of employees Wages and salaries Government and government enterprises Other Supplements to wages and salaries Employer contributions for social insurance Other labor income Proprietors' income with inventory valuation and capital consumption adjustments , Proprietors' income with inventory valuation adjustment.... Capital consumption adjustment Nonfarm Proprietors' income Inventory valuation adjustment Capital consumption adjustment Equals: Net national product Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of government enterprises Statistical discrepancy 506.0 496.9 515.6 519.8 512.5 516.5 327.9 333.4 331.2 334.8 335.9 334.3 332.5 -13.8 -16.4 -13.0 -2.4 .6 -2.5 .. Equals: Gross domestic purchases Plus: Command-basis net exports of goods and services Command-basis exports ' Imports « . Equals: Command-basis gross national product -54 1 5933 6474 -533 5932 646.5 -64 1 5925 656.6 -479 611 6 659.4 -354 628 1 6635 -446 6201 6647 -444 603.1 6474 -48.7 597.7 6465 -48.1 608.5 6566 -343 625.1 6594 -28 8 634.7 6635 -242 640.5 6647 101 6 1008 1027 1022 101 1 1033 536.1 542.8 276.0 252.8 279.7 256.4 282.7 260.0 354.2 379.3 379.6 368.1 381.7 404.0 401.7 398.0 43.7 48.6 50.5 38.7 45.7 57.4 51.0 42.8 51.2 -7,5 56.3 -7.7 58.1 -7.6 46.7 -8.0 53.4 -7.7 65.1 -7.7 58.5 -7.6 50.4 -7.5 310.5 274.7 -1.4 37.2 330.7 29819 -1.0 32.8 329.1 296.1 -.5 33.6 329.5 298.9 -1.3 31.9 336.0 306.7 -1.1 30.4 346.6 317.1 -.9 30.3 350.8 320.7 -.2 30.2 355.2 328.7 -3.4 29.8 5.5 4.3 7.6 60.2 -54.6 58.8 -54.5 62.5 -55.0 660.7 686.4 124.9 35.4 Corporate profits with inventory valuation and capital consumption adjustments 337.6 311.6 321.4 306.7 290.9 296.8 306.6 522.5 336.5 -525 6220 674.5 -46.7 627.8 674,5 1009 1. Exports of goods and services deflated by the implicit price deflator for imports of goods and services. 2. Ratio of the implicit price deflator for exports of goods and services to the implicit price deflator for imports of goods and services with the decimal point shifted two places to the right. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 528.8 268.4 247.5 4.1 4,020.5 4,127.4 4,116.7 4,145.8 4,146.8 4,157.2 4,175.5 4,179.4 1007 515.9 265.1 243.5 63.0 -58.9 Addendum: Terms of trade 2 508.6 262.6 239.9 5.8 4,092.8 4,171.8 4,165.4 4,193.9 4,181.1 4,185.9 4,199.7 4,226.1 -723 538.3 6106 502.6 263.9 241.9 66.6 -60.8 . 4,016 9 4,117.7 4,112.2 4,129.7 4,133.2 4,150 6 4,155.1 4,173.6 -759 5347 6106 505.8 248.5 225.5 9.7 [Billions of 1982 dollars] Less: Net exports of goods and services Exports Imports 474.0 62.3 -52.6 Table 1.11.—Command-Basis Gross National Product in Constant Dollars Gross national product 446.6 476.6 473.2 479.9 486.7 497.1 505.7 511.3 1,984.5 2,096.6 2,086.9 2,106.7 2,126.0 2,154.5 2,190.6 2,222.0 8.2 3,232.9 3,292.1 3300.5 3,292.4 3,280.0 3303.2 3308.6 Equals: National income 2,431.1 2,573.2 2,560.0 2,586.6 2,612.7 2,651.6 2,696.3 2,733.3 64.1 -55.8 3,537.2 3,611.7 3,615.3 3,614.2 3,613.4 3,638.0 3,638.6 3,651.1 -23.6 2,905.1 3,079.0 3,062.6 3,095.2 3,128.6 3,180.4 3,232.5 3,276.1 16.3 4,016.9 4,117.7 4,112.2 4,129.7 4,133.2 4,150.6 4,155.1 4,173.6 479.7 34)84.9 4,2233 4,216.8 4,232.1 4,267.1 4,350.3 4,411.3 66.1 -49.8 Corporate profits with inventory valuation adjustment 289.8 286.1 291.5 285.3 275.3 285.5 298.8 Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits 316.7 136.2 180.5 110.0 70.5 307.7 135.1 172.6 123.5 49.1 314.6 140.8 173.8 122.1 51.7 291.4 127.8 163.6 125.0 38.6 289.8 123.5 166.3 127.7 38.6 296.9 129.9 167.1 130.3 36.8 299.3 133.1 166.1 133.0 33.2 Inventory valuation adjustment -27.0 -21.7 -23.1 -6.1 -14.5 Capital consumption adjustment Less: Capital consumption allowances with capital consumption adjustment .. III Rental income of persons ., Capital consumption adjustment [Billions of 1982 dollars] „ II I 0 Table 1.10.—Relation of Gross National Product, Net National Product, and National Income in Constant Dollars Gross national product IV Rental income of persons with capital consumption adjustment 4,070.8 4,3843 4362.9 4,402.8 4,469.2 4,562.8 4,622.2 4,677.7 Equals: Persona! income . III III 4,873.7 5,200,8 5,174.0 5,238.6 5,2893 5375.4 5,4433 5,514.4 Gross national product 1990 1989 1989 Net interest 135.1 -11.4 -.5 47.8 25.5 29.9 21.4 15.6 11.3 7.7 2.3 371.8 445.1 443.4 456.2 461.7 463.6 466.2 468.9 201.4 176.5 180.6 178.9 167.5 167.0 173.4 413.5 399.4 399.6 405.5 396.3 393.4 400.2 91.4 53.0 58.5 53.9 39.8 36.7 40.5 -30.6 Addenda: Corporate profits after tax with inventory valuation and capital consumption adjustments Net cash flow with inventory valuation and capital consumption adjustments Undistributed profits with inventory valuation and capital consumption adjustments Capital consumption allowances with capital consumption adjustment Less: Inventory valuation adjustment Equals: Net cash flow 322.1 346.4 341.1 351.6 356.5 356.7 359.7 365.2 -27.0 440.4 -21.7 421.1 -23.1 422.7 -6.1 411.6 -14.5 410.8 -11.4 404.9 -.5 400.6 -30.6 8 SURVEY OF CURRENT BUSINESS Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in Current and Constant Dollars October 1990 Table 1.17.—Auto Output [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 HI IV I II Auto output Capital consumption allowances with capital consumption adjustment Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies' Domestic income Compensation of employees Wages and salaries Supplements to wages and salaries Corporate profits with inventory valuation and capital consumption adjustments Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits Inventory valuation adjustment.... Capital consumption adjustment.. Net interest . .. . Gross domestic product of financial corporate business.. Gross domestic product of nonfinancial corporate business Capital consumption allowances with capital consumption adjustment Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies Domestic income Compensation of employees Wages and salaries Supplements to wages and salaries Corporate profits with inventory valuation and capital consumption adjustments Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits Inventory valuation adjustment.... Capital consumption adjustment.. Net interest 2,930.2 3,086.4 3,083.6 3,110.0 3,109.5 3,136.3 3,206.0 322.1 346.4 341.1 351.6 356.5 356.7 359.7 1990 1989 n HI IV I II in III Billions of dollars Gross domestic product of corporate business 1989 1990 1989 II 1988 365.2 2,608.0 2,739.9 2,742.5 2,758.4 2,753.0 2,779.5 2,846.3 293.0 299.9 299.9 307.3 307.6 317.5 278.0 295.1 2,330.0 2,444.9 2,449.5 2,458.5 2,453.1 2,472.3 2,538.7 1,953.2 2,058.1 2,050.8 2,066.0 2,080.6 2,090.1 2,140.3 2,166.8 1,644.9 1,731.5 1,725.3 1,738.0 1,750.3 1,758.1 1,800.4 1,823.1 Final sales Personal consumption expenditures New autos Net purchases of used autos Producers' durable equipment New autos Net purchases of used autos Net exports of goods and services Exports Imports Government purchases of goods and services Change in business inventories of new and used autos New 308.3 326.7 325.6 328.0 330.3 332.0 339.8 294.3 273.4 136.2 137.2 81.2 56.0 -27.0 47.8 82.5 260.7 256.9 135.1 121.8 104.3 17.5 -21.7 25.5 126.0 274.8 268.0 140.8 127.3 100.9 26.4 -23.1 29.9 123.8 257.5 242.1 127.8 114.3 104.9 9.4 -6.1 21.4 135.0 234.0 232.9 123.5 109.4 100.4 9.0 -14.5 15.6 138.5 243.9 244.0 129.9 114.1 115.6 -1.4 -11.4 11.3 138.3 257.6 250.3 133.1 117.2 ............. 109.4 7.8 -.5 -30.6 7.7 2.3 140.8 140.5 209.5 231.9 236.0 230.9 231.0 228.8 246.0 343.7 Used . 127.6 131.3 130.7 132.5 128.2 120.3 128.9 140.4 126.6 142.0 101.1 40.9 21.1 51.1 -30.1 -38.0 9.0 47.1 128.9 141.4 99.7 41.6 20.3 50.1 -29.8 -34.4 10.0 44.5 132.4 143.4 100.0 43.4 21.0 53.8 -32.7 -33.8 9.2 43.0 137.8 149.5 109.1 40.5 21.1 52.3 -31.2 -34.4 9.4 43.8 123.0 133.9 90.1 43.8 18.6 46.7 -28.1 -30.9 11.2 42.1 135.0 145.3 102.6 42.7 22.3 50.0 -27.8 -34.6 10.9 45.5 133.8 140.2 97.6 42.6 24.2 52.2 -28.0 -32.4 11.4 43.8 134.0 142.9 101.6 41.3 25.7 54.0 -28.2 -36.1 11.7 47.8 1.6 1.6 1.8 1.5 1.4 1.9 1.7 1.5 .9 .1 .8 2.4 1.6 .8 -1.7 -2.9 1.2 -5.3 -8.3 3.1 5.1 6.6 -1.4 -4.9 -3.8 6.4 5.7 .7 101.8 60.5 105.2 57.6 107.0 58.9 103.4 60.7 100.2 54.8 103.4 59.1 113.1 59.4 -14.6 -14.6 0 Addenda: Domestic output of new autos ' Sales of imported new autos * 92.5 58.1 1. Consists of final sales and change in business inventories of new autos assembled in the United States. 2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. Table 1.18.—Auto Output in Constant Dollars [Billions of 1982 dollars] Seasonally adjusted at annual rates 2,720.7 2,854.5 2,847.5 2,879.1 2,878.5 2,907.5 2,960.0 1988 297.6 317.8 313.0 322.3 326.4 326.1 329.1 1989 333.1 1990 1989 II III IV I II III 2,423.1 2,536.7 2,534.6 2,556.7 2,552.2 2,581.3 2,630.9 Auto output 257.5 272.9 271.1 277.4 277.1 283.9 284.2 293.5 2,165.6 2,263.8 2,263.5 2,279.4 2,275.1 2,297.4 2,346.8 1,801.6 1,902.3 1,895.3 1,910.0 1,924.4 1,946.2 1,982.1 '^ob'S 1,515.9 1,599.4 1,593.4 1,605.8 1,618.1 1,636.3 1,666.2 1,684.9 285.7 302.9 301.9 304.2 306.3 310.0 315.9 266.0 251.1 102.2 148.9 80.8 68.1 -27.0 41.8 98.0 241.0 241.5 101.4 140,1 104.8 35.2 -21.7 21.2 120.5 248.6 246.4 101.6 144.9 101.3 43.6 -23.1 25.3 119.6 244.4 233.0 99.6 133.4 106.6 26.8 -6.1 17.5 125.0 223.8 226.0 96.6 129.3 104.1 25.2 -14.5 12.3 126.9 224.5 227.9 95.3 132.6 118.5 14.1 -11.4 8.1 126.6 235.8 232.2 97.5 134.7 112.3 ""l2o!2 22.4 -.5 -3a6 4.1 -.3 128.9 128.6 319.0 Final sales Personal consumption expenditures New autos Net purchases of used autos Producers' durable equipment New autos Net purchases of used autos Net exports of goods and services Exports Imports Government purchases of goods and services Change in business inventories of new and used autos New Used , 109.9 110.4 110.3 111.4 106.3 99.0 107.3 116.4 109.5 117.7 84.4 33.3 18.1 42.6 -24.5 -27.6 7.4 35.0 109.0 115.1 81.5 33.6 17.2 41.0 -23.8 -24.7 7.9 32.6 111.5 116.6 81.6 35.0 17.8 43.9 -26.1 -24.4 7.3 31.7 116.6 122.2 89.7 32.5 18.0 43.0 -25.0 -24.9 7.3 32.2 103.4 108.6 73.3 35.2 15.3 38.0 -22.6 -21.8 8.8 30.6 111.7 117.0 82.3 34.7 17.6 40.1 -22.6 -24.5 8.4 32.9 110.8 113.8 78.8 35.0 19.1 42.2 -23.1 -23.5 8.8 32.3 111.6 115.9 82.4 33.5 20.7 43.8 -23.1 -26.3 8.9 35.2 1.4 1.4 1.5 1.4 1.2 1.6 1.5 1.3 .4 -.3 .6 1.4 .7 .6 -1.1 -2.0 .9 -5.2 -7.7 2.5 2.9 4.1 -1.2 -3.5 -2.5 -.9 4.8 4.2 .6 84.8 50.5 85.1 47.1 86.6 48.1 83.9 49.9 80.3 44.6 82.7 47.7 90.9 48.2 -12.7 -12.7 0 Addenda: Billions of 1982 dollars Gross domestic product of nonfinancial corporate business 72.9 46.6 1. Consists of final sales and change in business inventories of new autos assembled in the United States. 2. Consists of personal consumption expenditures, producers' durable equipment, and government 2,403.7 2,431.2 2,431.3 2,443.9 2,421.8 2,423.1 2,440.1 Capital consumption allowances with capital consumption adjustment 294.0 296.9 294.6 296.9 279.1 290.7 287.1 Net domestic product . ... 2,124.6 2,140.5 2,144.2 2,149.9 2,125.0 2,128.5 2,143.1 Indirect business tax and nontax liability plus business transfer 212.4 payments less subsidies 211.9 209.9 213.3 214.5 214.7 213.5 Domestic income 1,914.7 1,927.3 1,932.4 1,935.4 1,910.3 1,915.0 1,930.7 Domestic output of new autos ' Sales of imported new autos 2 299.1 215.2 9 SURVEY OF CURRENT BUSINESS October 1990 Table 1.19.—Truck Output Table 1.20.—Truck Output in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates 1988 Truck output l Final sales .. Personal consumption expenditures Producers' durable equipment Net exports of goods and services Exports Imports Government purchases of goods and services 1989 1989 II III Seasonally adjusted at annual rates 1990 IV I 1988 III II 69.4 69.6 74.8 66.4 63.1 60.8 69.6 65.4 68.6 32.8 36.5 -6.6 3.6 10.2 72.0 32.6 38.4 -6.3 3.4 9.7 71.1 35.0 36.7 -6.5 3.4 10.0 62.1 30.8 33.6 -6.8 3.7 10.5 67.4 32.7 35.0 -5.4 3.4 8.7 65.4 30.2 34.1 -5.3 4.3 9.5 65.9 31.6 35.7 -6.9 3.6 10.5 5.7 5.8 7.4 6.0 4.5 5.2 6.4 5.6 Final sales Personal consumption expenditures Producers' durable equipment Net exports of goods and services Exports... Imports Government purchases of goods and services .4 1.0 2.9 -4.7 1.1 -6.6 4.2 -£ Change in business inventories 1. Includes new trucks only. Truck output ' 1990 1989 III II 69.0 31.1 38.3 -6.1 3.9 10.0 Change in business inventories 1989 IV I II HI 58.4 56.5 60.9 54.3 50.6 48.8 55.8 52.0 58.1 26.1 32.3 -5.1 3.3 8.4 55.7 26.8 29.7 -5.4 2.9 8.3 58.7 26.7 31.3 -5.2 2.8 7.9 57.9 28.5 29.9 -5.3 2.8 8.1 49.8 24.9 26.9 -5.5 3.0 8.5 54.0 25.9 28.2 -4.3 2.7 7.0 52.4 23.7 27.7 -4.2 3.5 7.7 52.4 24.8 28.6 -5.5 2.9 8.4 4.8 4.7 6.0 4.9 3.6 4.2 5.2 4.5 .3 .7 2.2 -3.6 .7 -5.2 3.3 -.4 1. Includes new trucks only. Table 2.1.—Personal Income and Its Disposition Table 2.2.—Personal Consumption Expenditures by Major Type of Product [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II Personal income Wage and salary disbursements Commodity-producing industries Manufacturing Distributive industries , Service industries Government and government enterprises III 1990 IV I II 1988 II III 4,070.8 4,384.3 4,362.9 4,402.8 4,469.2 4,562.8 4,622.2 4,677.7 2,431.1 2,573.2 2,560.0 2,586.6 2,612.7 2,651.6 2,696.3 2,733.3 696.4 524.0 572.0 716.2 720.6 541.8 604.7 771.4 719.3 541.4 602.6 764.9 722.3 543.2 607.1 777.4 721.4 540.9 614.6 790.0 724.6 541.2 627.0 802.9 731.1 548.1 637.3 822.2 735.1 551.2 642.4 844.6 446.6 476.6 473.2 479.9 486.7 497.1 505.7 511.3 Other labor income 225.5 241.9 239.9 243.5 247.5 252.8 256.4 260.0 Proprietors' income with inventory valuation and capital consumption adjustments 354.2 379.3 379.6 368.1 381.7 404.0 401.7 398.0 43.7 310.5 48.6 330.7 50.5 329.1 38.7 329.5 45.7 336.0 57.4 346.6 51.0 350.8 42.8 355.2 Farm Nonfarm Rental income of persons with capital consumption adjustment... Personal dividend income Personal interest income Transfer payments Old-age, survivors, disability, and health insurance benefits Government unemployment insurance benefits Veterans benefits Government employees retirement benefits Other transfer payments Aid to families with dependent children Other . . . . Less: Personal contributions for social insurance Less: Personal tax and nontax payments Personal consumption expenditures ' Durable goods Motor vehicles and parts Furniture and household equipment .... Other Nondurable goods Food Clothing and shoes Gasoline and oil Other nondurable goods Fuel oil and coal Other Services ' Housing Household operation Electricity and gas Other , Transoortation Medical care Other ' Personal consumption expenditures Interest paid by consumers to business Personal transfer payments to foreigners (net) Equals: Personal saving I II III 457.5 474.6 473.6 487.1 471.2 492.1 478.4 483.1 212.2 161.8 83.5 215.5 171.4 87.8 216.2 170.7 86.7 226.9 171.5 88.7 207.5 173.0 90.7 221.1 178.9 92.0 212.4 176.8 89.3 216.8 175.9 90.3 1,060.0 1,130.0 1,127.1 1,137.3 1,148.8 1,174.7 1,179.0 1,202.8 562.6 191.1 77.3 229.1 17.2 211.9 595.3 204.6 83.8 246.3 17.7 228.7 597.6 206.9 84.5 248.3 17.4 230.9 592.5 203.4 88.2 243.0 17.0 226.0 602.2 208.7 83.5 254.4 20.1 234.3 616.4 212.9 87.1 258.2 17.7 240.5 623.3 212.6 84.5 258.6 17.4 241.2 627.9 215.8 95.4 263.6 19.4 244.2 1,720.7 1,845.5 1325.1 1,859.8 1,898.5 1,921.3 1,965.3 2,014.7 502.3 197.4 93.6 103.8 118.0 398.4 504.4 533.9 206.3 97.7 108.6 126.4 434.3 544.5 538.2 205.7 97.2 108.5 127.4 435.6 552.8 527.8 202.6 95.1 107.6 125.2 428.7 540.9 549.5 214.2 103.0 111.2 128.8 450.6 555.4 556.3 205.2 92.5 112.7 132.3 462.6 564.9 563.6 211.9 97.5 114.4 135.2 475.8 578.9 575.7 216.9 100.1 116.8 137.5 493.1 591.4 8.2 114.4 643.2 636.9 9.7 113.2 642.1 630.2 5.8 115.7 655.2 641.8 4.1 118.2 664.9 655.9 5.5 120.5 670.5 680.9 43 122.9 678.0 686.7 7.6 124.9 686.4 696.0 300.5 325.3 321.9 328.3 334.1 347.2 347.6 350.2 13.4 16.9 14.7 17.3 14.3 17.3 14.9 17.3 15.5 17.3 16.3 17.9 17.3 17.9 18.4 17.9 84.0 172.9 90.1 189.5 89.5 187.2 90.4 190.9 92.0 197.1 96.1 203.4 96.0 207.8 97.4 212.1 Table 2.3.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars 17.3 155.6 18.0 171.6 17.7 169.5 18.0 172.8 18.5 178.6 19.1 184.2 19.6 188.2 19.6 192.5 [Billions of 1982 dollars] 194.1 212.8 212.0 214.0 215.8 222.9 224.1 228.6 1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. Seasonally adjusted at annual rates 1988 591.6 658.8 665.5 659.5 669.6 675.1 696.5 3,333.6 3,553.7 3,528.5 3,588.8 3,625.5 3,696.4 3,730.6 3,809.2 3,238.2 3,450.1 3,425.9 3,484.3 3,518.5 3,588.1 3,622.7 3,700.6 n 93.6 102.2 101.0 103.4 105.7 107.4 107.5 107.9 1.9 1.4 1.6 1.2 1.2 .9 .4 .7 145.6 171.8 168.9 154.5 174.1 191.3 195.1 159.4 4.2 4.6 4.6 4.1 4.6 4.9 5.0 4.0 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Personal consumption expenditures ' Durable goods Motor vehicles and parts Furniture and household equipment .... Other. Nondurable goods Food Clothing and shoes Gasoline and oil . . Other nondurable goods Fuel oil and coal Other Services * Housing Household operation Electricity and gas Other Transportation Medical care Other ' 1990 1989 1989 709.0 Disposable personal income: Total, billions of 1982 dollars 2,800.5 2,869.0 2,854.9 2,874.3 2,883.2 2,900.9 2,902.8 2,898.4 Per capita: Current dollars 14,123 14,973 14,883 15,026 15,210 15,527 15,639 15,762 1982 dollars 11,368 11,531 11,492 11,538 11,541 11,586 11,564 11,511 Population (mid-period, millions).... 246.4 248.8 248.4 249.1 249.8 250.4 251.0 251.8 1990 IV 16.3 102.2 547.9 587.7 Addenda: Personal saving as percentage of disposable personal income III 3,238.2 3,450.1 3,425.9 3,484.3 3,518.5 3,588.1 3,622.7 3,700.6 Equals: Disposable personal income.... 3,479.2 3,725.5 3,697.3 3,743.4 3,799.6 3,887.7 3,925J 3,968.6 Less: Personal outlays..... 1989 1989 III IV I II III 2,606.5 2,656.8 2,645.3 2,675.3 2,669.9 2,677.3 2,678.8 2,702.7 418.2 428.0 428.2 438.1 423.1 437.6 426.8 430.0 182.1 165.0 71.0 181.4 175.0 71.6 181.8 175.5 71.0 191.1 175.0 72.0 174.1 175.7 73.2 183.9 181.4 72.3 177.8 180.0 69.0 181.2 179.3 69.5 909.4 919.9 914.6 923.4 923.0 915.6 911.2 915.0 462.2 165.0 97.4 184.9 22.4 162.5 462.9 172.7 96.7 187.7 21.9 165.7 461.9 170.8 95.7 186.2 21.4 164.9 463.0 176.6 95.5 188.2 21.8 166.4 460.3 175.1 97.5 190.0 23.8 166.3 457.4 174.2 96.2 187.7 18.6 169.1 459.3 171.3 93.9 186.8 20.4 166.4 457.9 174.4 95.7 186.9 20.8 166.1 1,278.9 1,309.0 1,302.5 1313.8 1,323.8 1,324.2 1,340.8 1,357.7 366.0 164.1 82.8 81.3 94.3 279.3 375.3 372.1 167.6 84.1 83.4 96.9 286.1 386.4 371.1 164.7 81.9 82.7 96.2 284.7 385.8 373.0 167.7 84.3 83.4 97.5 285.7 390.0 1. See the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 375.2 172.7 87.7 85.0 98.4 289.3 388.3 376.3 162.8 77.7 85.1 98.8 294.7 391.7 376.9 168.5 82.4 86.0 99.7 299.3 396.4 377.1 173.7 86.0 87.7 100.8 305.4 400.7 10 SURVEY OF CURRENT BUSINESS October 1990 Table 3.2.—Federal Government Receipts and Expenditures Table 3.3.—State and Local Government Receipts and Expenditures [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 in II Receipts 1990 IV I II 1988 972.4 1,052.9 1,062.2 1,048.1 1,055.7 1,080.6 1,105.8 415.1 405.7 7.9 1.6 464.0 453.1 9.0 1.8 470.9 459.1 9.9 1.8 462.2 451.7 8.6 1.9 469.6 458.5 9.2 1.9 473.6 462.1 9.6 2.0 492.1 474.3 15.7 2.0 Corporate profits tax accruals Federal Reserve banks. .. Other...... . . 110.5 17.4 93.2 110.4 21.6 88.8 115.0 22.1 92.9 104.7 21.5 83.2 101.3 21.8 79.5 106.5 21.8 84.8 109.2 22.1 87.1 57.0 34.4 16.4 6.1 58.4 34.1 17.5 6.8 58.0 34.1 17.2 6.6 59.3 34.0 17.7 7.5 58.7 33.9 18.0 6.8 60.6 35.8 17.6 7.2 60.5 36.5 17.3 6.7 61.1 36.7 17.7 6.7 389.8 420.1 418.4 421.9 426.1 439.9 444.0 450.6 Contributions for social insurance 499.7 486.9 10.8 2.0 1,114.2 1,1872 1,184.9 1,179.8 1,205.8 1,248.8 1,271.7 1,271.2 Expenditures III IV I in II 697.6 749.9 746.7 755.7 764.6 783.6 792.2 176.5 194.8 194.6 197.2 200.0 201.5 204.4 209.4 90.1 71.6 14.7 101.7 77.6 15.6 102.4 76.8 15.4 103.3 78.3 15.7 104.2 79.8 15.9 104.0 81.3 16.2 105.0 83.0 16.5 108.0 84.7 16.7 Corporate profits tax accruals....; 25.7 24.7 25.8 23.1 22.1 23.3 23.9 Indirect business tax and nontax accruals 331.7 355.6 353.1 360.6 362.8 371.2 372.5 383.7 160.7 127.9 43.1 170.9 139.9 44.7 169.8 138.7 44.6 173.3 141.6 45.7 173.8 144.0 45.1 178.5 146.4 46.3 177.5 148.8 46.3 184.0 151.4 48.2 Receipts Personal tax and nontax receipts Income taxes Estate and gift taxes Nontaxes Indirect business tax and nontax accruals Excise taxes Customs duties Nontaxes n III 1990 1989 1989 Personal tax and nontax receipts Income taxes Nontaxes Other . Sales taxes ProDertv taxes oC_rr;zzrrrz Contributions for social insurance Federal grants-in-aid..... Expenditures 52.7 56.7 56.2 57.1 58.1 59.0 59.9 60.7 111.1 118.2 117.0 117.6 121.5 128.5 131.5 131.7 651.1 703.5 696.5 707.6 726.1 745.5 753.6 7702 582.3 625.6 620.2 628.6 643.4 659.6 664.6 678.0 345.8 236.5 373.0 252.6 369.6 250.6 376.4 252.2 383.3 260.1 390.4 269.1 397.5 267.1 404.5 273.5 Purchases of goods and services National defense Nondefense. 380.3 297.2 83.1 400.0 301.1 98.9 402.5 300.6 101.9 399.2 306.3 93.0 399.9 299.2 100.7 410.6 307.2 103.4 421.9 309.6 112.3 425.4 311.1 114.3 Purchases of goods and services Transfer payments To persons To foreigners 438.9 425.7 13.1 471.9 458.6 13.4 464.7 454.2 10.5 474.4 461.5 13.0 487.9 470.5 17.3 503.4 490.3 13.1 510.4 491.4 18.9 510.0 496.1 13.9 Transfer payments to persons 131.6 145.9 143.9 147.7 152.0 156.5 160.6 164.6 Net interest paid -38.5 -40.2 -39.9 -^0.3 -40.7 -41.0 -41.4 -41.8 Grants-in-aid to State and local governments 111.1 118.2 117.0 117.6 121.5 128.5 131.5 131.7 Net interest paid Interest paid . To persons and business To foreigners 151.3 173.8 143.6 30.2 172.0 191.7 155.7 36.0 173.4 191.8 156.1 35.7 172.1 193.2 157.0 36.2 175.2 194.8 157.7 37.1 178.1 198.6 161.0 37.6 184.3 203.0 164.3 38.7 191.1 210.4 170.6 39.7 Less: Interest received by government .. Subsidies less current surplus of government enterprises Subsidies Less: Current surplus of government enterprises . Less: Wage accruals less disbursements .... 22.5 19.6 18.5 21.1 19.6 20.5 18.7 19.3 32.7 29.9 25.0 27.9 27.3 28.2 16.5 19.2 21.3 27.6 28.3 32.4 23.8 25.6 12.9 17.3 -2.8 2.8 .9 2.8 6.2 4.2 1.9 4.4 0 0 0 0 0 0 0 0 Surplus or deficit (-), national income and product accounts ... -141.7 -134.3 -122.7 -131.7 -150.1 -168.3 -166.0 53.0 63.8 65.2 62.3 59.3 64.0 63.7 -1947 -198 1 -1879 -1954 -2124 -2275 -2300 Social insurance funds Other 67.6 Compensation of employees Other . , Interest paid Less: Interest received by government 55.3 59.1 58.6 59.5 60.5 61.5 62.5 63.6 , 93.8 99.3 98.5 99.8 101.2 102.5 103.9 105.3 Less: Dividends received by government , 7.8 9.1 8.9 9.3 9.5 9.7 10.0 10.2 -20.1 -20.4 Subsidies less current surplus of government enterprises -16.5 Subsidies Less: Current surplus of government enterprises Less: Wage accruals less disbursements Surplus or deficit (-), national income and product accounts Social insurance funds Other -18.8 -19.1 -18.8 -19.2 -19.8 .7 .7 .7 .7 .8 .8 .8 .8 17.2 19.5 19.6 19.8 19.9 20.6 20.9 21.2 0 0 0 0 0 0 0 0 46.5 46.4 50.3 48.1 38.5 38.1 38.6 62.9 -16.4 66.4 -19.9 65.9 -15.6 66.8 -18.7 67.6 -29.1 68.3 -30.2 69.1 -30.4 Table 3.7B.—Government Purchases of Goods and Services by Type Table 3.8B.—Government Purchases of Goods and Services by Type in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II Government purchases of goods and services Federal National defense Durable goods Nondurable goods Services . Compensation of employees Military Civilian.... Other services Structures. Nondefense Durable goods Nondurable goods Commodity Credit Corporation Other nondurables Services . Compensation of employees Other services Structures State and local . Durable goods ... Services •. Compensation of employees Other services Structures . . HI 1988 1990 IV I II 69.8 1989 962.5 1,025.6 1,022.7 1,027.8 1,043.3 1,070.1 1,086.4 1,103.4 1989 n III Government purchases of goods and services 380.3 400.0 402.5 399.2 399.9 410.6 421.9 425.4 297.2 83.0 10.1 197.0 113.1 75.7 37.4 83.9 7.1 301.1 80.9 10.4 203.3 119.0 78.8 40.2 84.3 6.4 300.6 81.1 10.9 202.3 118.6 78.8 39.8 83.7 6.3 306.3 83.2 10.4 205.9 118.9 78.8 40.1 87.0 6.8 299.2 77.3 10.7 204.9 120.0 79.0 41.0 84.9 6.3 307.2 78.6 10.0 212.3 123.5 82.1 41.4 88.8 6.2 309.6 81.7 11.6 209.6 124.0 82.2 41.8 85.6 6.7 311.1 84.0 12.2 207.9 124.4 82.5 41.9 83.5 7.0 National defense Durable goods Nondurable goods Services Compensation of employees Military Civilian Other services Structures 83.1 4.5 -8.3 98.9 5.3 1.4 101.9 5.5 3.5 93.0 5.1 -4.1 100.7 5.4 2.8 103.4 5.4 0 112.3 5.6 5.6 114.3 5.9 7.4 -15.6 7.3 80.0 46.3 33.7 6.9 -5.3 6.7 85.1 49.5 35.6 7.0 -3.3 6.7 86.0 49.6 36.4 7.0 -10.6 6.6 84.9 49.8 35.0 7.1 -3.4 6.1 85.3 49.7 35.6 7.3 -6.8 6.8 89.9 53.1 36.8 8.1 -1.9 7.5 92.8 55.2 37.6 8.3 0 7.4 92.7 54.1 38.7 8.2 Nondefense Durable goods Nondurable goods Commodity Credit Corporation inventory change , Other nondurables 582.3 625.6 620.2 628.6 643.4 659.6 664.6 678.0 27.6 45.6 439.1 345.8 93.3 70.0 30.5 49.9 472.4 373.0 99.4 72.9 30.1 49.9 468.3 369.6 98.7 71.9 30.7 49.9 476.2 376.4 99.8 71.7 31.5 51.2 484.8 383.3 101.5 75.9 32.1 52.3 494.2 390.4 103.8 81.0 32.7 51.5 502.3 397.5 104.8 78.0 33.4 54.1 510.6 404.5 106.1 79.8 Federal Compensation of employees Other services Structures , , State and local Durable goods.. Nondurable goods Services Compensation of employees Other services Structures , -.. 1990 III IV I II HI 780.5 798.1 801.0 796.2 802.2 807.9 820.2 822.8 328.1 334.9 339.9 333.0 332.7 333.0 345.9 345.6 260.7 83.8 13.0 158.2 89.5 60.1 29.5 68.6 5.7 256.3 81.5 13.1 156.7 89.6 59.8 29.9 67.1 5.0 255.7 81.3 13.3 156.2 89.4 59.7 29.7 66.8 4.9 260.2 83.5 13.0 158.4 89.5 59.8 29.8 68.9 5.3 255.5 79.9 13.8 156.9 90.0 59.9 30.1 66.9 4.8 254.4 79.3 12.0 158.3 89.0 59.5 29.5 69.3 4.7 256.5 81.5 14.7 155.2 88.8 59.2 29.6 66.4 5.1 256.8 84.0 14.0 153.5 89.0 59.3 29.6 64.6 5.2 67.5 5.3 -8.8 78.7 5.9 1.2 84.2 6.0 5.7 72.8 5.7 -4.1 77.2 5.9 .1 78.6 6.1 -1.3 89.4 6.2 7.6 88.8 6.4 7.2 -15.6 6.8 65.0 36.6 28.5 5.9 -4.7 5.9 65.8 36.9 28.9 5.8 -.2 5.9 66.6 37.0 29.7 5.8 -9.9 5.7 65.3 37.0 28.3 5.8 -5.0 5.1 65.3 36.8 28.5 6.0 -7.0 5.7 67.3 38.1 29.2 6.5 1.1 6.5 68.9 39.4 29.5 6.7 .9 6.3 68.5 38.4 30.1 6.6 452.4 463.2 461.1 463.2 469.5 475.0 474.3 477.2 24.5 47.2 322.2 251.1 71.0 58.5 26.2 48.3 329.7 257.0 72.7 59.0 26.0 48.1 328.8 256.3 72.4 58.2 26.4 48.4 330.5 257.7 72.8 58.0 26.9 48.8 332.5 259.2 73.4 61.2 27.2 48.9 333.9 260.4 73.5 64.9 27.6 49.0 335.2 261.7 73.6 62.5 27.9 49.2 336.5 262.7 73.8 63.5 11 SURVEY OF CURRENT BUSINESS October 1990 Table 3.10.—National Defense Purchases of Goods and Services in Constant Dollars Table 3.9.—National Defense Purchases of Goods and Services [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II National defense purchases Durable goods Military equipment Aircraft Missiles Ships Vehicles Electronic equipment Other Other durable goods . Nondurable goods Petroleum products Ammunition Other nondurable goods Services . .. Structures Military facilities Other III IV I II 1988 II 301.1 300.6 306.3 299.2 307.2 309.6 311.1 83.0 80.9 81.1 83.2 77.3 78.6 81.7 84.0 72.4 29.2 12.1 8.4 4.2 6.0 12.4 10.7 71.6 26.6 13.0 9.9 3.6 6.4 12.2 9.3 71.1 25.5 13.5 9.1 3.5 6.4 13.2 10.0 73.8 25.6 13.3 10.4 3.9 7.2 13.5 9.4 68.8 27.5 12.5 10.0 3.1 6.0 9.6 8.5 70.1 24.7 14.7 10.0 3.3 7.0 10.4 8.6 73.0 25.2 14.2 10.6 3.8 5.8 13.4 8.7 75.2 25.3 15.4 10.4 3.8 5.9 14.4 8.8 Military equipment 10.1 10.4 10.9 10.4 10.7 10.0 11.6 12.2 Nondurable goods . 4.3 3.5 2.7 4.2 3.9 2.9 4.0 3.7 2.7 5.3 2.9 2.4 4.5 3.3 2.3 5.2 3.9 2.5 5.4 4.0 2.7 197.0 203.3 202.3 205.9 204.9 212.3 209.6 207.9 113.1 75.7 37.4 83.9 119.0 78.8 40.2 84.3 118.6 78.8 39.8 83.7 118.9 78.8 40.1 87.0 120.0 79.0 41.0 84.9 123.5 82.1 41.4 88.8 124.0 82.2 41.8 85.6 124.4 82.5 41.9 83.5 30.7 24.9 8.9 11.8 3.7 3.9 0 31.1 25.0 8.8 11.5 3.8 4.2 -.1 30.2 25.5 9.0 11.1 3.8 4.2 -.2 31.8 26.9 9.0 12.0 3.9 4.1 -.7 32.4 23.6 8.4 11.6 3.9 4.3 .6 33.9 24.6 9.1 12.2 4.3 4.6 .2 34.2 21.6 8.7 11.6 4.4 4.7 .4 32.9 20.2 7.4 12.1 5.3 5.2 .4 7.1 6.4 6.3 6.8 6.3 6.2 6.7 7.0 4.7 2.4 4.1 2.4 3.9 2.4 4.3 2.5 4.1 2.3 3.7 2.5 4.0 2.7 4.3 2.7 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems, other than research and development. 3. Includes compensation of foreign personnel, consulting, training, and education. Table 4.1.—Foreign Transactions in the National Income and Product Accounts 1989 1989 III 297.2 3.7 3.9 2.5 Compensation of employees Military. .. Civilian . Other services Contractual research and development Installation support ' Weapons support 2 Personnel support 3 Transportation of materiel Travel of persons Other . . . 1990 National defense purchases Durable goods Missiles Ships Vehicles Electronic equipment Other Other durable goods Services.. Structures Military facilities Other II I III 256.3 255.7 260.2 255.5 254.4 256.5 256.8 83.8 81.5 81.3 83.5 79.9 79.3 81.5 84.0 70.2 28.8 12.8 7.1 4.6 5.6 11.3 13.6 69.6 26.8 14.5 7.9 3.9 5.8 10.6 11.9 68.8 25.5 15.0 7.3 3.7 5.8 11.5 12.5 71.6 26.0 14.8 8.3 4.2 6.5 11.7 12.0 68.6 29.2 14.4 7.9 3.3 5.5 8.2 11.3 67.8 25.1 15.9 7.9 3.7 6.3 8.9 11.6 69.7 25.3 15.3 8.3 4.1 5.2 11.5 11.8 72.0 25.4 16.8 8.1 4.2 5.3 12.4 11.9 13.0 13.1 13.3 13.0 13.8 12.0 14.7 14.0 9.0 2.8 2.0 6.9 3.3 1.8 8.7 4.0 2.0 7.6 4.2 2.2 7.4 3.5 2.2 7.0 3.7 2.2 7.0 3.8 2.4 156.7 156.2 158.4 156.9 158.3 155.2 153.5 89.5 60.1 29.5 68.6 89.6 59.8 29.9 67.1 89.4 59.7 29.7 66.8 89.5 59.8 29.8 68.9 90.0 59.9 30.1 66.9 89.0 59.5 29.5 69.3 88.8 59.2 29.6 66.4 89.0 59.3 29.6 64.6 25.5 19.1 7.6 8.8 3.9 3.7 0 24.9 18.8 7.2 8.2 4.1 3.9 -.1 24.1 19.3 7.5 8.1 4.1 4.0 -.2 25.4 20.2 7,3 8.6 4.2 3.8 -.6 25.8 17.5 6.8 8.1 4.2 4.0 .5 26.7 18.0 7.3 8.6 4.6 4.0 .2 26.8 15.7 6.9 8.0 4.6 4.1 .3 25.9 14.4 5.9 8.1 5.4 4.5 .3 5.7 5.0 4.9 5,3 4.8 47 5.1 5.2 3.7 •1.9 3.1 1.9 3.0 1.9 3.3 1.9 3.0 1.8 2.8 1.9 3.0 2.1 3.2 2.1 158.2 Compensation of employees Military Civilian Other services Contractual research and development Installation support ' Weapons support 2 Personnel support 3 Transportation of materiel Travel of persons Other IV 260.7 6.8 4.1 2.2 Petroleum products Ammunition . Other nondurable goods 1990 III 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems. 3. Includes compensation of foreign personnel, consulting, training, and education. Table 4.2.—Exports and Imports of Goods and Services in Constant Dollars [Billions of 1982 dollars] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1988 1989 II Receipts from foreigners ' ......... Exports of goods and services ' Merchandise2 Durable goods 2 Nondurable goods Services ' Factor5 income 3 4 Other Capital grants received by the United States (net) .. . . Payments to foreigners Imports of goods and services 6 Merchandise 2 Durable goods 2 Nondurable goods Services6 Factor income 3 Other7 Transfer payments (net) From persons (net) From government (net) Interest paid by government to foreigners . Net foreign investment 6 1990 1989 III IV I II 552.0 626.2 628.8 623.7 642.8 661.3 659.7 662.6 552.0 324.2 208.0 116.2 227.8 118.7 109.1 626.2 369.9 240.8 129.2 256.3 135.2 121.0 628.8 373.2 241.0 132.2 255.5 137.2 118.3 623.7 367.3 241.5 125.7 256.5 134.0 122.5 642.8 378.7 247.8 130.9 264.1 137.6 126.5 661.3 394.2 258.9 135.3 267.1 134.7 132.4 659.7 395.0 263.2 131.8 264.7 130.5 134.2 662.6 395.8 262.7 133.1 266.8 131.1 135.7 0 0 0 0 0 0 0 0 552.0 626.2 628.8 623.7 642.8 661.3 659.7 662.6 626.1 450.1 295.1 155.0 175.9 85.2 90.7 672.3 480.9 309.6 171.3 191.4 97.7 93.8 680.0 482.1 308.9 173.1 198.0 104.7 93.3 673.0 483.2 309.8 173.4 189.8 96.8 93.0 678.1 488.0 310.3 177.6 190.1 94.7 95.4 691.3 497.8 306.8 191.0 193.5 93.1 100.4 684.6 484.1 307.6 176.5 200.5 98.9 101.6 711.8 513.5 321.2 192.3 198.3 96.3 102.0 15.0 1.9 13.1 14.8 1.4 13.4 12.1 1.6 10.5 14.2 1.2 13.0 18.5 1.2 17.3 14.0 .9 13.1 19.4 .4 18.9 14.6 .7 13.9 38.7 39.7 30.2 36.0 35.7 36.2 -119.2 -96.8 -99.1 -99.7 37.1 -90.9 37.6 -81.6 -82.9 -103.6 1. See footnote 5 and the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 2. Estimates beginning with the first quarter of 1986 exclude repairs and alterations of equipment, which was reclassified to "other" services. 3. Line 7 less line 16 equals rest-of-the-world product as shown in table 1.7. 4. Estimates beginning with the first quarter of 1986 exclude noninterest income of banks, which was reclassified to "other" services. 5. Estimates beginning with the first quarter of 1986 cover many business, professional, and technical services and incorporate improved measurement of telecommunications services and insurance services; incorporate new source data on travel and passenger fares; cover foreign students' expenditures in the United States; cover repairs and alterations of equipment; and cover noninterest income of banks. 6. See footnote 7 and the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 7. Estimates beginning with the first quarter of 1986 cover many business, professional, and technical services and incorporate improved measurement of telecommunications services and insurance services; incorporate new source data on travel and passenger fares; cover U.S. students*' expenditures abroad; cover repairs and alterations of equipment. II III Exports of goods and services ' Merchandise2 Durable goods 2 Nondurable goods Services l Factor income 3 4 Other 5 . Imports of goods and services6 Merchandise 2 Durable goods 2 Nondurable goods Services * Factor income 3 Other7 ..... 1990 1989 1989 III IV I II III 534.7 593.3 593.2 592.5 611.6 628.1 620.1 622.0 347.3 236.1 111.2 390.8 268.9 121.9 390.7 267.6 123.1 390.3 271.0 119.3 405.2 279.0 126.2 422.4 292.8 129.6 418.4 293.4 125.0 421.6 295.6 126.1 187.4 96.3 91.1 202.6 105.1 97.5 202.5 107.1 95.4 202.2 103.6 98.5 206.4 105.4 101.0 205.7 101.9 103.9 201.7 97.4 104.3 200.3 96.9 103.4 610.6 647.4 646.5 656.6 659.4 663.5 664.7 674.5 469.4 282.3 187.2 499.3 302.9 196.4 492.4 299.0 193.4 509.8 307.7 202.2 514.3 312.4 201.9 517.8 308.5 209.3 515.2 310.2 205.0 529.5 323.1 206.4 141.2 68.0 73.2 148.2 74.9 73.2 154.1 80.7 73.3 146.7 74.0 72.8 145.1 71.6 73.5 145.6 69.5 76.1 149.4 72.9 76.5 145.0 70.3 74.7 1. See footnote 5 and the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 2. Estimates beginning with the first quarter of 1986 exclude repairs and alterations of equipment, which was reclassified to "other" services. 3. Line 6 less line 13 equals rest-of-the-world product as shown in table 1.8. 4. Estimates beginning with the first quarter of 1986 exclude noninterest income of banks, which was reclassified to "other" services. 5. Estimates beginning with the first quarter of 1986 cover many business, professional, and technical services and incorporate improved measurement of telecommunications services and insurance services; incorporate new source data on travel and passenger fares; cover foreign students' expenditures in the United States; cover repairs and alterations of equipment; and cover noninterest income of banks. 6. See footnote 7 and the box on page 21 of the July 89 SURVEY OF CURRENT BUSINESS. 7. Estimates beginning with the first quarter of 1986 cover many business, professional, and technical services and incorporate improved measurement of telecommunications services and insurance services; incorporate new source data on travel and passenger fares; cover U.S. students' expenditures abroad; cover repairs and alterations of equipment. 12 SURVEY OF CURRENT BUSINESS October 1990 Table 4.3.—Merchandise Exports and Imports by Type of Product and by EndUse Category Table 4.4.—Merchandise Exports and Imports by Type of Product and by EndUse Category in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates 1988 1989 1989 II Seasonally adjusted at annual rates 1990 III IV I 1989 1988 II 1990 1989 II III III IV I II in Merchandise exports ' 2. 324.2 369.9 373.2 3673 378.7 394.2 395.0 395.8 Merchandise exports 1 2 347.3 390.8 390.7 390.3 405.2 422.4 418.4 421.6 Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except autos Autos Consumer goods Durable goods Nondurable goods Other 1 2 Durable goods ' 3 Nondurable goods 3 33.7 84.1 28.5 55.6 119.0 33.9 26.9 13.3 13.6 26.6 13.3 13.3 36.6 96.0 34.3 61.7 138.0 34.7 35.4 19.1 16.3 29.3 14.6 14.6 37.7 98.8 34.8 64.0 138.4 34.3 35.0 19.0 16.0 29.0 14.5 14.5 33.8 96.3 34.9 61.5 141.1 33.0 35.0 18.5 16.5 28.0 14.0 14.0 35.7 94.9 34.1 60.8 140.8 35.6 38.0 20.5 17.5 33.7 16.9 16.9 38.9 100.5 35.6 64.8 152.9 34.7 40.7 22.3 18.4 26.5 13.3 13.3 36.8 97.8 35.0 62.7 154.2 38.5 42.0 22.5 19.5 25.7 12.9 12.9 35.0 99.4 35.0 64.4 152.4 38.8 42.9 22.9 20.0 27.3 13.7 13.7 Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except autos Autos Consumer goods Durable goods Nondurable goods Other « 2 Durable goods ' 3 Nondurable goods 3 33.9 80.8 27.4 53.4 154.7 29.2 24.2 12.5 11.7 24.6 12.3 12.3 35.8 92.2 32.8 59.4 176.4 28.9 30.9 17.6 13.4 26.5 13.3 13.3 36.0 93.8 33.0 60.8 175.4 28.7 30.6 17.4 13.2 26.2 13.1 13.1 33.7 92.8 33.2 59.6 180.6 27.4 30.5 17.1 13.4 25.4 12.7 12.7 37.2 92.4 32.9 59.5 182.6 29.2 33.1 18.9 14.2 30.7 15.4 15.4 40.1 97.2 34.4 62.8 197.6 28.4 35.2 20.4 14.8 23.9 12.0 12.0 36.9 95.2 34.1 61.1 196.1 31.4 35.8 20.3 15.5 23.0 11.5 11.5 36.5 95.5 33.8 61.7 197.4 31.6 36.4 20.6 15.8 24.4 12.2 12.2 450.1 480.9 482.1 483.2 488.0 497.8 484.1 513.5 469.4 499.3 492.4 509.8 514.3 517.8 515.2 529.5 24.9 25.1 25.2 24.7 25.0 27.8 26.8 25.8 22.7 23.9 23.1 24.4 24.9 26.4 25.6 24.2 76.5 40.9 35.6 39.6 102.2 87.9 96.4 52.8 43.6 22.5 11.3 11.3 78.3 42.3 36.0 50.9 113.1 86.0 102.8 55.8 47.0 24.7 12.4 12.4 79.0 43.1 35.9 54.1 114.0 84.5 101.3 55.4 46.0 23.9 12.0 12.0 77.1 41.7 35.4 52.7 113.1 85.4 104.9 57.0 47.9 25.4 12.7 12.7 76.9 41.0 35.8 53.3 116.5 83.0 106.4 56.4 50.0 26.9 13.4 13.4 76.6 38.9 37.7 62.4 115.7 83.9 103.4 54.3 49.1 28.1 14.0 14.0 76.7 38.6 38.1 48.7 115.6 84.9 103.3 54.4 49.0 28.1 14.0 14.0 78.8 40.4 38.4 62.5 119.5 90.4 108.2 56.8 51.4 28.3 14.2 14.2 73.7 39.5 34.2 86.9 122.5 66.5 78.2 44.3 33.9 18.9 9.5 9.5 72.3 39.2 33.1 93.8 143.7 63.8 81.5 46.1 35.4 20.4 10.2 10.2 72.1 39.1 32.9 92.9 141.1 63.1 80.4 45.9 34.6 19.7 9.8 9.8 71.6 39.0 32.6 98.5 146.9 64.0 83.3 47.2 36.1 21.1 10.5 10.5 72.2 72.7 39.2 37.9 33.5 34.3 95.0 . 100.8 154.9 153.3 61.0 61.8 83.5 80.4 46.2 44.0 37.3 36.3 23.0 22.3 11.1 11.5 11.1 11.5 72.3 37.0 35.2 96.9 154.3 63.3 79.8 44.0 35.7 23.1 11.5 11.5 74.7 38.9 35.8 97.5 159.6 66.8 83.5 46.3 37.2 23.1 11.6 11.6 38.2 285.9 410.5 41.5 328.5 430.0 42.7 330.5 428.0 39.7 327.6 430.5 40.9 337.8 434.7 43.8 350.4 435.4 41.3 353.7 435.5 40.3 355.5 451.0 37.7 309.6 382.5 39.6 351.2 405.5 39.9 350.8 399.5 38.0 352.3 411.4 40.8 364.3 419.3 39.9 378.5 418.3 40.2 381.5 431.9 Merchandise imports ' Foods, feeds, and beverages Industrial supplies and materials, excluding petroleum Durable goods Nondurable goods Petroleum and products Capital goods except autos Autos Consumer goods Durable goods Nondurable goods Other1 Durable goods ' 3 Nondurable goods 3 Merchandise imports ' Foods, feeds, and beverages Industrial supplies and materials, excluding petroleum Durable goods Nondurable goods Petroleum and products Capital goods, except autos Autos Consumer goods Durable goods Nondurable goods Other1 Durable goods ' 3 Nondurable goods 3. Addenda: Exports of agricultural products4 Exports of nonagricultural products .... Imports of nonpetroleum products Addenda: Exports of agricultural products4 Exports of nonagricultural products .... Imports of nonpetroleum products 43.4 379.0 417.1 1. Estimates beginning with the first quarter of 1986 exclude repairs and alterations of equipment, which was reclassified to services other than factor income. 2. Beginning with 1987, reexports—that is, exports of foreign merchandise—are assigned to end-use categories in the same manner as exports of domestic merchandise. For earlier periods, all reexports are included in the "other" categories. 3. Because no data are available to distribute exports and imports of "other" merchandise between durable and nondurable goods prior to 1986, or to distribute imports of "other" merchandise for all time periods, estimates were distributed equally. 4. Includes parts of line 2 and line 5. 1. Estimates beginning with the first quarter of 1986 exclude repairs and alterations of equipment, which was reclassified to services other than factor income. 2. Beginning with 1987, reexports—that is, exports of foreign merchandise—are assigned to end-use categories in the same manner as exports of domestic merchandise. For earlier periods, all reexports are included in the "other" categories. 3. Because no data are available to distribute exports and imports of "other" merchandise between durable and nondurable goods prior to 1986, or to distribute imports of "other" merchandise for all time periods, estimates were distributed equally. 4. Includes parts of line 2 and line 5. NOTE.—Beginning with 1985, the definitions of the end-use categories have been changed. For a description of the new definitions, see the technical notes in "U.S. International Transactions, First Quarter 1988," SURVEY OF CURRENT BUSINESS 68 (June 1988): 34-39 and 57. NOTE.—Beginning with 1985, the definitions of the end-use categories have been changed. For a description of the new definitions, see the technical notes in "U.S. International Transactions, First Quarter 1988," SURVEY OF CURRENT BUSINESS 68 (June 1988): 34-39 and 57. Table 5.1.—Gross Saving and Investment [Billions of dollars] Seasonally adjusted at annual rates 1988 II Gross saving Gross private saving Personal saving Undistributed corporate profits with inventory valuation and capital consumption adjustments Undistributed profits Inventory valuation adjustment Capital consumption adjustment Corporate capital consumption allowances with capital consumption adjustment Noncorporate capital consumption allowances with capital consumption adjustment Wage accruals less disbursements Government surplus or deficit (-), national income and product accounts Federal State and local 1990 1989 1989 in IV II I III 656.1 691.5 697.9 692.4 674.8 664.8 6793 751.3 145.6 779.3 171.8 770.3 168.9 776.0 154.5 786.4 174.1 795.0 191.3 806.7 195.1 '""i&A 91.4 70.5 -27.0 47.8 53.0 49.1 -21.7 25.5 58.5 51.7 -23.1 29.9 53.9 38.6 -6.1 21.4 39.8 38.6 -14.5 15.6 36.7 36.8 -11.4 11.3 40.5 33.2 -.5 ""-30.6 7.7 2.3 322.1 346.4 341.1 351.6 356.5 356.7 359.7 365.2 192.2 0 208.0 0 201.8 0 215.9 0 216.0 0 210.3 0 211.4 0 213.6 0 -83.6 -111.6 -130.2 -127.3 -95J -87.8 -72.4 -1417 -1343 -1227 -1317 -150 1 -1683 -1660 46.4 48.1 46.5 50.3 38.5 38.1 38.6 Capital grants received by the United States (net) 0 0 0 0 0 Gross investment 627.8 674.4 677.6 676.1 671.8 665.6 676.1 747.1 -119.2 771.2 -96.8 776.7 -99.1 775.8 -99.7 762.7 -90.9 747.2 -81.6 759.0 759.6 -82.9 -103.6 -28.2 -17.0 -20.3 -16.2 Gross private domestic investment Net foreign investment Statistical discrepancy 0 0 -3.0 .7 -3.2 0 656.1 13 SURVEY OF CURRENT BUSINESS October 1990 Table 5.8.—Change in Business Inventories by Industry Table 5.9.—Change in Business Inventories by Industry in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 Change in business inventories Farm Nonfarm Change in book value Inventory valuation adjustment ' Manufacturing Durable goods Nondurable goods 1989 1990 II in IV I 26.2 28.3 32.7 28.9 25.0 -3.6 5.0 6.6 2.6 .9 29.8 66.2 -36.4 23.3 51.9 -28.6 26.1 55.7 -29.6 26.2 35.1 -8.9 24.1 43.8 -19.7 8.1 7.3 .8 5.0 5.3 -.4 8.5 3.9 4.6 14.2 9.3 4.9 -5.3 .1 -5.4 7.1 5.9 1.2 2.3 2.6 -.3 8.6 8.3 .4 2.4 .6 1.8 6.3 5.2 1.1 3.1 2.8 .3 8.7 8.8 -.1 -.3 -1.8 1.5 .8 .7 .1 -.8 -.1 -.6 -.6 .5 2.8 2.4 .3 -4.9 -2.1 -2.8 6.8 4.7 2.4 2.3 2.1 8.1 2.2 2.8 -.6 5.9 4.3 -3.5 -2.8 -.7 7.9 -.5 -6.1 -8.5 2.4 5.6 7.8 1.9 5.9 7.9 1.8 6.2 4.6 -.2 4.9 10.1 2.8 7.3 „ Wholesale trade Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods... Retail trade Durable goods Automotive Other Nondurable goods 1989 . Other Durable goods Nondurable goods 1988 III II 13.4 8.8 .5 1.0 13.0 14.1 -1.1 7.8 49.8 -42.0 .3 -3.4 3.6 -3.5 -4.9 1.4 .1 .3 -.2 5.9 2.7 3.2 -.4 1.9 -2.2 3.2 .1 3.1 3.0 5.7 -2.7 10.8 4.8 6.0 -2.6 2.1 -4.7 1.9 0 1.9 2.8 5.3 -2.5 2.3 -.2 2.5 1.3 .2 1.1 .2 .4 -.2 14.6 6.9 8.6 -1.8 7.7 -30.8 -24.6 -26.9 2.4 -6.2 9.2 6.5 3.4 3.1 2.7 3.6 2.6 3.1 -.5 1.0 8.9 3.6 5.4 13.9 4.5 9.4 4.1 -1.7 5.8 1.1 -1.7 2.8 -11.8 5.3 -17.0 -1.3 -15.7 Change in business inventories 1990 1989 1989 II III IV 18.9 I II -2.2 9.5 in 7.8 23.6 23.8 25.5 24.6 Farm -2.9 5.0 4.0 2.9 Nonfarm 26.5 18.7 21.5 21.7 15.3 -8.2 11.6 8.2 7.1 6.7 .3 3.8 4.2 -.4 7.2 2.9 4.2 11.7 7.9 3.8 -5.7 -.5 -5.2 1.7 -2.9 4.7 -2.6 -4.3 1.7 .2 .4 -.2 6.6 5.3 1.3 1.3 2.3 -1.0 6.8 7.4 -.7 1,8 .3 1.5 2.0 2.0 0 2.0 2.0 .1 2.9 0 2.9 3.9 4.9 -.9 6.0 4.7 1.4 2.5 2.4 0 7.1 8.0 -.9 -.7 -1.9 1.2 7.7 3.8 3.8 -1.1 2.1 -3.2 1.2 -.2 1.4 3.6 4.5 -1.0 .5 .6 -.1 -1.2 -.1 -1.0 -.4 -.5 .2 2.5 2.2 .3 -5.7 -1.9 -3.8 3.1 -.1 3.2 1.7 .2 1.5 .4 .3 0 6.0 4.1 2.0 2.1 1.9 6.9 1.9 2.4 -.5 5.0 3.7 -3.0 -2.4 -.6 6.7 -.4 -5.1 -7.2 2.1 4.7 12.2 5.8 7.3 -1.5 6.4 -25.6 -20.5 -22.6 2.1 -5.1 7.6 5.4 2.8 2,6 2.2 3.1 2.2 2.6 -.4 .9 6.9 1.6 5.3 6.8 1.5 5.3 3.9 —2 4.1 8.6 2.3 6.3 6.9 3.0 3.9 13.7 3.8 9.9 3.7 -1.4 5.1 1.0 -1.5 2.4 Manufacturing Durable goods Nondurable goods Wholesale trade Durable goods Nondurable goods . . Merchant wholesalers Durable goods . Nondurable goods . . Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods Automotive Other Nondurable goods . . . . ;. Other . Durable goods Nondurable goods 3.6 6.0 -2.1 1. The inventory valuation adjustment (IVA) shown in this table differs from the IVA that adjusts business incomes. The IVA in this table reflects the mix of methods (first-in, first-out; last-in, first-out; etc.) underlying book value inventories derived primarily from Census Bureau statistics. This mix differs from that underlying business income derived primarily from Internal Revenue Service statistics. Table 5.10.—Inventories and Final Sales of Business by Industry Table 5.11.—Inventories and Final Sales of Business by Industry in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted quarterly totals II Inventories ' III Seasonally adjusted quarterly totals 1990 1989 IV I II II 1,028.1 1,036.5 1,050.8 1,049.4 1,049.3 1,069.0 Farm 1990 1989 HI Inventories ' UI IV 898.3 904.4 909.1 67.4 68.1 69.0 II in 908.6 911.0 912.9 70.5 70.0 69.9 I 74.9 74.5 77.9 79.4 79.1 77.6 953.2 560.0 393.2 962.0 563.9 398.1 972.9 567.1 405.8 970.0 563.3 406.7 970.2 562.0 408.2 991.4 567.4 424.0 Nonfarm Durable goods Nondurable goods 830.9 478.8 352.1 836.3 480.2 356.2 840.2 482.7 357.4 838.1 478.3 359.8 841.0 478.2 362.8 843.1 479.7 363.3 379.3 253.1 126.2 383.1 256.1 127.0 382.7 255.4 127.3 382.5 255.4 127.1 377.8 252.5 125.4 387.7 254.6 133.1 Durable goods Nondurable goods 332.1 217.8 114.2 335.0 219.8 115.2 333.6 219.7 113.9 334.0 219.0 115.0 333.4 217.9 115.5 333.4 218.0 115.4 222.5 144.1 78.5 223.8 145.0 78.7 226.6 146.0 80.6 227.3 147.0 80.4 228.2 147.1 81.1 233.0 149.4 83.7 Nondurable goods 192.7 122.5 70.2 193.2 122.6 70.6 193.7 123.1 70.6 194.2 123.6 70.6 194.9 123.6 71.4 195.9 124.8 71.1 194.6 127.7 66.9 195.1 128.0 67.1 198.8 129.5 69.3 199.2 130.4 68.8 200.2 130.7 69.5 203.2 132.8 70.4 Merchant wholesalers Durable goods Nondurable goods 167.0 108.5 58.5 166.8 108.0 58.8 168.7 109.0 59.7 168.4 109.5 58.9 168.7 109.5 59.3 169.6 110.6 59.0 27.9 16.4 11.5 28.7 17.1 11.6 27.8 16.5 11.3 28.1 16.5 11.6 28.0 16.4 11.6 29.8 16.6 13.2 25.8 14.0 11.8 26.4 14.5 11.9 25.0 14.1 10.9 25.8 14.0 11.7 26.2 14.1 12.1 26.3 14.2 12.1 Retail trade Durable goods Automotive Other Nondurable goods 231.1 118.4 62.3 56.2 112.7 232.0 117.4 60.4 57.0 114.5 238.0 119.8 63.0 56.8 118.2 231.6 113.8 56.1 57.6 117.8 234.5 115.6 57.2 58.5 118.9 237.6 117.0 58.5 58.5 120.6 Retail trade . Durable goods 196.3 101.4 52.8 48.6 95.0 196.2 100.1 51.0 49.1 96.1 199.3 101.5 52.8 48.7 97.7 192.9 96.4 47.2 49.2 96.5 194.8 97.8 47.9 49.9 97.0 195.6 98.3 48.5 49.8 97.2 Other 120.3 123.1 125.6 128.6 129.6 133.0 Other 364.2 208.5 368.4 209.7 371.5 209,7 380.3 216.3 383.3 216.3 388.2 217.6 2.82 2.62 2.81 2.61 2.83 2.62 2.76 2.55 2.74 2.53 2.75 2.55 4.57 4.59 4.64 4.48 4.49 4.56 Nonfarm Durable goods Nondurable goods Manufacturing Durable goods . . Nondurable goods . . Wholesale trade Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods Final sales2 Final sales of goods and structures 2 Ratio of inventories to final sales Inventories to final sales Nonfarm inventories to final sales ... Nonfarm inventories to final sales of goods and structures . . Wholesale trade Nonmerchant wholesalers Durable goods . Nondurable goods Other . . Nondurable goods .. . . . . Final sales 2 Final sales of goods and structures 2 109.7 111.9 113.6 117.0 117.9 118.2 294.4 182.0 295.3 181.8 295.5 181.2 298.5 184.1 298.1 182.8 299.4 182.8 3.05 2.82 3.06 2.83 3.08 2.84 3.04 2.81 3.06 2.82 3.05 2.82 4.57 4.60 4.64 4.55 4.60 4.61 Ratio of inventories to final sales 1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from current-dollar inventories in this table is not the current- dollar change in business inventories (CBI) component of GNP. The former is the difference between two inventory stocks, each valued at their respective end-of-quarter prices. The latter is the change in the physical volume of inventories valued at average prices of the quarter. In addition, changes calculated from this table are at quarterly rates, whereas CBI is stated at annual rates. 2. Quarterly totals at monthly rates. Business final sales equals final sales less gross product of households and institutions, government, and rest of the world, and includes a small amount of final sales by farms. Farm Inventories to final sales Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures 1. Inventories are as of the end of the quarter. Quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the constant-dollar change in business inventories component of GNP is stated at annual rates. 2. Quarterly totals at monthly rates. Business final sales equals final sales less gross product of households and institutions, government, and rest of the world, and includes a small amount of final sales by farms. 14 SURVEY OF CURRENT BUSINESS October 1990 Table 5.12.—Fixed Investment by Type Table 5.13.—Fixed Investment by Type in Constant Dollars [Billions of dollars] [Billions of 1982 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1988 1989 1989 II 1988 1990 in IV I II 720.8 742.9 744.0 746.9 737.7 758.9 745.6 750.9 Nonresidential 488.4 511.9 511.4 518.1 511.8 523.1 5165 530.1 Structures Nonresidential buildings, excluding farm Public utilities Mining exploration, shafts, and wells Other. 139.9 146.2 144.2 147.0 147.1 148.8 147.2 150.2 97.8 24.7 104.3 25.7 102.5 26.0 106.0 24.8 104.5 24.9 104.9 25.4 104.6 25.8 106.6 26.0 12.9 4.5 11.1 5.1 10.8 4.8 11.1 5.1 12.0 5.7 12.4 6.1 10.9 5.9 11.2 6,4 Producers' durable equipment ..... Information processing and related equipment Industrial equipment Transportation and related equipment Other., 348.4 365.7 367.2 371.0 364.7 374.3 369.3 379.9 110.3 83.4 116.0 93.1 116.9 92.1 116.4 93.3 118.2 93.8 120.4 95.1 118.6 90.6 119.7 92.4 79.1 75.6 76.2 80.4 77.9 80.4 80.4 80.8 70.7 82.0 77.9 80.9 79.4 80.7 86.6 8.1.2 2325 1 16.5 23.3 92.6 231.0 116.7 23.3 90.9 232.7 117.7 24.1 90.9 228.9 114.4 23.9 90.6 225.9 113.8 21.6 90.5 235.9 122.6 20.8 92.4 229.1 115.1 20.9 93.1 220.8 107.9 20.0 92.9 -.. National income without capital consumption adjustment 693.6 697.7 690.2 702.9 691.2 692.9 506.1 5055 513.3 508.4 514.6 508.4 517.6 Structures ,. Nonresidential buildings, excluding farm Public utilities Mining exploration, shafts, and wells . Other 122.4 122.4 120.6 122.7 123.1 123.8 120.9 122.4 78.9 21.8 81.2 21.3 80.0 21.7 82.3 20.4 80.6 20.2 80.2 20.5 79.7 20.7 80.6 20.7 18.0 3.7 15.7 4.1 15.0 3.9 15.9 4.2 17.7 4.6 18.2 4.9 15.8 4.7 16.1 5.1 Producers' durable equipment Information processing and related equipment Industrial equipment Transportation and related equipment Other 364.8 383.7 384.9 390.6 385.4 390.8 387.5 395.2 162.4 69.5 179.0 74.9 178.8 74.5 181.9 74.8 186.0 74.6 188.4 74.4 188.1 70.6 188.9 71.3 68.5 64.4 63.8 66.1 65.3 66.4 67.8 66.1 58.2 66.5 63.3 64.7 64.4 64.5 70.3 64.6 194.9 96.8 19.4 78.7 187.0 93.5 18.7 74.8 188.1 94.1 19.3 74.7 184.4 91.2 19.0 74.1 181.8 90.6 17.2 74.0 188.3 96.9 16.4 75.0 182.8 91.1 16.6 75.2 175.3 84.6 15.6 75.0 Residential Single-family structures Multifamily structures Other Table 6.18B.—Corporate Profits by Industry [Billions of dollars] Seasonally adjusted at annual rates IV I II II Corporate profits with inventory valuation and capital consumption adjustments Domestic industries 3,923.7 4,190.9 4,180.8 4,210.4 4,244.8 4,329.3 4,403.8 Private industries 3,3575 3584.9 3579.1 3,600.6 3,625.9 3,694.9 3,758.8 Financial Nonfinancial . Agriculture, forestry, and fisheries.. Mining. . Construction 94.7 35.2 215.8 101.0 36.4 225.1 102.6 36.4 223.8 91.7 36.5 224.7 98.7 37.4 227.8 111.0 39.3 232.1 Manufacturing Durable goods Nondurable goods 782.2 453.7 328.6 803.8 465.6 338.2 805.4 467.4 337.9 811.0 467.9 343.1 793.8 458.3 335.6 800.6 464.8 335.8 104.5 40.4 227.7 •"""•••••• 819.8 471.5 348.4 Transportation and public utilities... Transportation Communication Electric, gas, and sanitary services , 298.2 131.2 80.3 314.2 136.6 87.4 317.6 137.4 88.4 313.9 137.0 85.4 314.6 136.4 89.8 322.8 140.8 91.1 328.3 144.8 91.9 86.8 90.2 91.7 91.5 88.4 90.9 91.7 Wholesale trade Retail trade Finance, insurance, and real estate.. Services 228.6 340.9 562.0 799.9 247.4 360.1 613.8 883.0 245.4 357.6 615.6 874.8 249.2 365.2 615.5 892.9 255.8 366.3 621.6 910.0 256.5 372.4 630.6 929.6 260.4 381.5 643.6 952.5 566.2 606.0 601.8 609.8 618.9 634.4 645.0 335 37.6 32.6 37.2 42.8 41.6 31.6 III IV I II III III Domestic industries Rest of the world 1990 1989 1989 1990 1989 in 1988 3,957.2 4,228.5 4,213.4 4,247.6 4,287.6 4,371.0 4,435.4 Government and government enterprises III II I 693.1 Seasonally adjusted at annual rates II IV 487.2 Nonresidential [Billions of dollars] 1989 HI 682.1 Fixed investment Table 6.3B.—-National Income Without Capital Consumption Adjustment by Industry 1988 1990 1989 II III Fixed investment Residential..... Single-family structures Multifamily structures Other 1989 337.6 311.6 321.4 28.3 19.7 266.0 241.0 .. 43.3 Rest of the world Corporate profits with inventory valuation adjustment Manufacturing Durable goods Primary metal industries Fabricated metal products Machinery, except electrical Electric and electronic equipment Motor vehicles and equipment Other ,., , Transportation and public utilities Wholesale and retail trade Other Rest of the world 19.3 21.8 10.3 13.1 26.2 248.6 244.4 223.8 224.5 235.8 46.6 49.3 56.9 , 52.9 48.9 2915 285.3 2753 2855 298.8 2465 235.2 244.9 236.0 218.4 Financial Federal Reserve banks Other Nondurable goods Food and kindred products Chemicals and allied products Petroleum and coal products Other 50.9 289.8 286.1 Domestic industries Nonfinancial 34.8 306.7 290.9 296.8 306.6 294.3 260.7 274.8 2575 234.0 243.9 257.6 232.6 249.9 22.4 18.1 4.3 15.4 20.7 -5.2 6.9 9.2 21.6 20.8 21.1 20.5 .5 -11.3 -13.9 16.1 20.8 -4.7 18.2 21.1 -2.9 224.1 219.8 223.4 226.9 211.5 216.5 231.7 106.5 96.1 98.9 99.9 83.7 90.1 100.8 42.8 6.3 6.3 7.0 6.7 1.5 14.9 37.1 6.2 6.7 4.7 7.4 -1.9 13.9 39.6 7.0 7.2 5.0 7.6 -1.4 14.2 37.4 7.0 7.2 5.0 6.0 -2.7 15.1 30.2 4.3 4.6 5.7 8.9 -5.8 12.6 37.4 4.9 6.4 7.3 8.6 -7.2 17.4 39.5 5.4 6.0 7.9 7.8 -4.3 16.7 63.7 14.5 21.9 4.4 22.9 59.0 14.0 21.7 .3 23.1 59.2 14.0 22.8 -1.6 24.1 62.4 13.3 21.6 3.9 23.6 53.5 12.4 20.1 -.1 21.1 52.7 10.9 21.9 1.0 18.9 61.3 15.3 22.7 3.7 19.6 44.1 37.1 36.4 43.6 38.7 41.4 46.2 37.6 40.7 42.9 41.4 42.7 40.2 41.9 45.7 41.5 39.2 45.7 41.9 44.4 44.6 43.3 50.9 46.6 49.3 56.9 52.9 48.9 i zr. SURVEY OF CURRENT BUSINESS October 1990 15 Table 7.1.—Fixed-Weighted Price Indexes for Gross National Product, 1982 Weights Table 7.2.—Fixed-Weighted Price Indexes for Gross National Product by Major Type of Product, 1982 Weights [Index numbers, 1982=100] [Index numbers, 1982=100] Seasonally adjusted Seasonally adjusted 1988 1989 1989 II III 1990 IV I II 1988 III Gross national product 123.9 129.5 129.0 130.0 131.2 133.3 134.6 136.0 Personal consumption expenditures 125.6 131,6 132.1 133.7 136.1 137.1 139.1 111.9 117.3 135.2 114.3 113.9 114.4 123.9 124.3 124.4 141.7 140.8 142.3 115.2 125.7 144.2 116.4 129.7 145.7 116.5 130.3 147.3 116.7 132.8 149.3 111.2 109.0 107.1 110.2 119.1 115.0 112.6 110.3 114.1 123.3 114.8 112.3 110.3 113.6 123.5 115.3 112.9 110.5 114.4 123.9 116.1 113.8 110.9 115.7 124.1 117.3 115.0 111.6 117.2 125.1 117.6 115.5 112.2 117.6 125.2 118.3 116.1 112.9 118.1 125.9 111.3 114.4 105.8 109.5 114.5 110.5 114.5 108.8 114.4 109.9 115.9 112.3 116.7 110.0 117.8 114.0 130.6 130.2 131.0 132.1 134.4 1355 136.9 117.4 117.4 117.6 130.1 122.4 121.8 123.9 136.7 122.2 121.8 123.4 136.1 122.5 121.8 124.1 137.3 123.0 122.3 124.9 138.9 125.8 125.6 126.6 140.8 126.5 126.0 127.6 142.1 127.3 127.0 127.9 144.1 123.7 122.2 92.5 130.6 129.3 128.9 129.2 129.0 97.8 100.2 136.4 135.7 129.9 129.8 98.3 136.9 131.1 131.4 98.3 138.7 133.2 135.8 102.3 140.3 134.4 136.1 100.6 141.9 135.8 137.5 105.5 143.6 Durable goods Nondurable goods Services 131.3 Gross private domestic investment . Fixed investment Nonresidential Structures Producers' durable equipment. Residential .. . . Change in business inventories . Net exports of goods and services Exports Imports Government purchases of goods and services.... 124.7 Federal National defense Nondefense State and local Gross national product Final sales Change in business inventories I II III III IV 123.9 1295 129.0 130.0 131.2 133.3 134.6 136.0 123.7 129.3 128.9 129.9 131.1 133.2 134.4 135.8 115.0 119.9 119.8 120.4 121.3 123.9 125.1 126.1 Final sales Change in business inventories 114.8 119.7 119.7 120.2 121.1 123.7 124.8 125.8 Durable goods Final sales Change in business inventories 107.8 107.9 110.8 110.9 110.3 110.5 111.2 111.4 112.0 112.1 113.4 113.9 114.3 113.5 113.9 114.3 Nondurable goods Final sales Change in business inventories 119.8 119.6 126.0 125.8 126.2 125.9 126.5 126.3 127.6 130.9 127.3 130.7 132.5 134.0 132.2 133.7 Services 136.4 143.0 142.2 143.7 145.3 144.1 145.7 147.4 Structures 113.6 117.3 117.4 117.6 118.0 118.9 119.2 120.0 Goods Table 7.3.—Fixed-Weighted Price Indexes for Relation of Gross National Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers, 1982 Weights [Index numbers, 1982=100] Seasonally adjusted 1988 1989 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1990 1989 II Addenda: Final sales Personal consumption expenditures, food Personal consumption expenditures, energy Other personal consumption expenditures 1989 1990 1989 II III IV I II III 134.6 136.0 Gross national product 123.9 1295 129.0 130.0 131.2 133.3 Less: Exports of goods and services.. Plus: Imports of goods and services 111.3 105.8 114.4 109.5 114.5 110.5 114.5 108.8 114.4 109.9 115.9 116.7 117.8 112.3 110.0 114.0 Equals: Gross domestic purchases ' 123.4 129.1 128.7 129.6 130.9 133.1 134.1 135.7 123.3 129.0 128.6 129.4 130.7 132.9 133.9 1355 Less: Change in business inventories Equals: Final sales to domestic purchasers 2 1. Purchases in the United States of goods and services wherever produced. 2. Final sales in the United States of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 16 SURVEY OF CURRENT BUSINESS Table 7.4.—Implicit Price Deflators for Gross National Product October 1990 Table 7.7.—Implicit Price Deflators for the Relation of Gross National Product, Net National Product, and National Income [Index numbers, 1982=100] [Index numbers, 1982=100] Seasonally adjusted 1988 1989 1989 II III Seasonally adjusted 1990 IV I n 1988 HI 1989 1989 II Gross national product 121.3 126.3 124.2 129.9 Personal consumption expenditures 125.8 126.8 128.0 129.5 131.0 Gross private domestic investment Fixed investment . Nonresidential Structures Producers' durable equipment Residential Change in business inventories 105.7 100.2 114.3 95.5 119.3 107.2 101.2 119.5 95.3 123.5 107.3 101.2 119.5 95.4 123.7 107.1 100.9 119.8 95.0 124.2 106.9 100.7 119.5 94.6 124.3 108.0 101.6 120.2 95.8 125.3 107.9 101.6 121.8 95.3 125.3 1990 IV I II III 132.1 129.5 130.2 131.8 134.0 135.2 136.9 109.4 110.9 110.6 111.2 111.4 112.5 112.1 112.4 116.6 122.8 123.2 123.2 124.5 128.3 129.4 131.5 134.5 141.0 140.1 141.6 143.4 145.1 146.6 148.4 Durable goods Nondurable goods Services in 108.4 102.4 122.7 96.1 126.0 Gross national product 121.3 Less: Capital consumption allowances with capital consumption adjustment 126.3 125.8 126.8 128.0 1295 131.0 132.1 107.2 109.6 109.3 110.1 110.1 110.6 110.6 110.8 128.6 128.1 129.2 1305 132.2 133.9 135.2 123.2 Equals: Net national product Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of government enterprises.. 122.8 132.0 131.2 136.0 134.8 136.8 139.6 144.9 119.4 124.2 123.7 124.7 125.8 127.1 128.6 128.3 127.8 128.5 130.1 131.7 133.3 Statistical discrepancy 123.3 Equals: National income Net exports of goods and services Exports Imports . . 103.2 105.5 106.0 102.5 103.8 105.2 Government purchases of goods and services.... 123.3 128.5 127.7 Federal .. 115.9 119.4 118.4 National defense 114.0 117.5 117.6 Nondefense 123.2 125.8 121.0 State and local 128.7 135.1 134.5 105.3 105.1 105.3 106.4 106.5 102.5 102.8 104.2 103.0 105.5 129.1 130.1 132.5 1325 134.1 119.9 117.7 127.8 135.7 120.2 117.1 130.4 137.1 123.3 120.8 131.5 138.9 122.0 120.7 125.6 140.1 123.1 121.2 128.7 142.1 Table 7.8.—-Implicit Price Deflators for Command-Basis Gross National Product [Index numbers, 1982=100] Less: Net exports of goods and services [Index numbers, 1982=100] Gross national product 121.3 Final sales Change in business inventories 1263 125.8 126.8 128.0 129.5 131.0 132.1 121.4 126.3 125.8 126.9 127.9 129.7 131.0 132.2 Goods 1133 113.1 113.8 114.4 115.6 117.2 117.7 1096 1132 1129 1138 1142 1162 117 1 1177 109.6 Final sales Change in business inventories Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories 984 98.1 999 99.7 133.0 118.1 Services Structures 139.4 138.7 140.0 141.6 143.6 145.2 146.8 122.6 122.7 123.1 123.1 124.0 124.6 125.4 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 7.6.—Implicit Price Deflators for Gross National Product by Sector [Index numbers, 1982=100] Gross domestic product Business . Nonfarm . . Nonfarm less housing Housing Farm Statistical discrepancy Households and institutions . Private households Nonprofit institutions 1194 1197 117.9 1383 1072 1194 1242 1244 122.5 1453 1124 1242 1237 1240 122.2 1433 1136 1237 126.8 128.0 129.5 131.0 132.1 126.9 1247 1250 122.9 1476 1120 1247 129.5 127 1 1273 125.3 1488 1205 127 1 132.1 128.0 1258 1262 124.1 1481 1093 125.8 131.0 1286 1288 126.8 1506 1191 128.6 1296 1299 127.7 1536 1173 129.6 . . . . . . 1362 1393 1383 139.6 140.9 142.5 144.2 146.4 1059 1074 1074 107.4 107.7 108.5 109.9 111.7 138.4 141.5 140.5 141.8 143.3 144.9 146.6 148.7 Government Federal State and local Rest of the world 133.9 141.2 140.5 141.9 143.3 146.3 147.9 149.4 126.4 133.3 133.1 133.3 133.9 139.0 139.8 140.1 137.7 145.1 144.2 146.0 147.9 149.9 151.9 154.0 123.3 128.7 128.1 1293 130.6 132.2 133.9 135.2 Addendum: Gross domestic business product less housing 1177 1223 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 131.0 132.1 1025 1038 1052 1025 1028 1042 1030 105.5 102.5 1038 105.2 1025 102.8 104.2 1030 105.5 Equals: Command-basis gross national product 121.2 126.0 125.7 126.4 127.6 1293 130.4 131.9 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 7.9.—Fixed-Weighted Price Indexes for Personal Consumption Expenditures by Major Type of Product, 1982 Weights [Index numbers, 1982=100] Durable goods Motor vehicles and parts Furniture and household equipment Other Food Clothing and shoes Gasoline and oil Other nondurable goods Fuel oil and coal Other Housing Household operation Electricity and gas. Other Transportation . Medical care Other . 136.1 137.1 139.1 115.2 116.4 118.7 118.7 118.4 119.3 120,2 104.9 104.2 105.3 105.8 106.3 123.5 123.0 124.3 125.1 128.4 123.9 1243 124.4 125.7 129.7 116.5 119.6 106.4 130.4 116.7 125.6 131.6 111.9 116.4 103.8 118.5 1143 117.3 Nondurable goods Services 1213 1263 125.8 121.4 1263 125.8 Gross national product 128.0 1295 Equals: Gross domestic purchases Personal consumption expenditures .. 125.8 126.8 Plus: Command-basis net exports of goods and services Command-basis exports Imports 995 1003 1003 1006 1012 1014 99.4 100.1 100.0 101.0 101.2 101.3 1207 1265 1264 1274 1283 1308 1333 1344 1208 1266 1262 1276 1282 1319 1333 1345 1263 103.2 105.5 106.0 105.3 105.1 105.3 106.4 106.5 1025 1038 1052 1025 1028 1042 103.0 1055 120.9 125.8 125.4 126.1 1273 129.1 130.2 131.7 Imports NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 7.5.—Implicit Price Deflators for Gross National Product by Major Type of Product 121.3 Gross national product 122.2 115 8 79.4 127.3 . . . 768 134.1 135.2 136.8 1198 112.6 127.3 1266 144.0 136.5 131.3 113.9 132.1 133.7 114.4 119.6 106.7 130.8 130.3 132.8 129.8 117.2 88.5 136.4 79.9 143.9 1423 131.4 119.2 85.7 139.0 84.4 146.3 144.2 135.8 122.3 90.5 142.1 95.6 148.3 136.1 124.2 90.0 143.2 85.5 150.8 137.5 123.8 99.7 146.3 93.7 153.4 141.7 129.0 119 1 92.1 134.4 796 141.8 140.8 145.7 141.7 1224 115.5 129.5 1312 152.1 142.8 143.7 1222 115.1 129.6 1322 154.1 144.4 145.9 1236 117.2 130.2 1327 157.2 145.7 147.2 1250 118.4 131.8 135.2 158.9 147.1 1473 148.9 1247 117.3 132.3 136.8 161.1 148.9 1493 142.9 1226 115.7 129.7 1319 153.4 143.5 129.2 1185 86.8 135.5 804 142.9 152.1 1240 115.7 132.5 138.2 163.7 150.6 Table 7.14.—Fixed-Weighted Price Indexes for Exports and Imports of Goods and Services, 1982 Weights [Index numbers, 1982=100] Exports of goods and services 111.3 114.4 114.5 114.5 114.4 115.9 116.7 117.8 Merchandise. Durable coods Nondurable goods 104.3 106.2 106.8 106.0 1054 1064 1068 107.3 1047 1070 1069 1073 1076 1085 1090 1097 103.8 105.2 106.9 104.5 102.4 103.4 104.3 104.0 Services Factor income Other 1214 1261 1257 1267 1276 1296 1310 1331 124.2 129.5 129.0 noi 131 4 1330 1347 1366 1164 1201 1199 1205 1208 1236 1245 1268 Imports of goods and services Merchandise . Durable goods Nondurable goods Services Factor income Other 109.5 110.5 108.8 109.9 1123 110.0 114.0 994 103 1 1042 101 8 1026 105 1 101 7 1059 1179 120.0 120.2 119.1 119.6 120.4 120.0 120.7 80.0 85.1 87.7 84.1 85.2 89.5 83.5 90.7 1254 1296 1290 1294 1312 1336 1347 1379 123.3 128.7 128.1 129.3 130.6 132.2 133.9 135.8 127 1 130.4 129.6 129.5 131.7 134.6 135.3 1396 105.8 17 SURVEY OF CURRENT BUSINESS October 1990 Table 7.15.—Fixed-Weighted Price Indexes for Merchandise Exports and Imports by Type of Product and by End-Use Category, 1982 Weights Table 7.16.—Fixed-Weighted Price Indexes for Government Purchases of Goods and Services by Type, 1982 Weights [Index numbers, 1982=100] [Index numbers, 1982=100] Seasonally adjusted Seasonally adjusted 1988 Merchandise exports Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods except autos Autos . Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods Merchandise imports Foods, feeds, and beverages . . Industrial supplies and materials, excluding Durable goods Nondurable goods. . Petroleum and products Capital goods, except autos Autos . Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods . „ 1989 1990 1989 II III IV I II III 104.3 106.2 106.8 106.0 105.4 106.4 106.8 107.3 99.6 104.1 104.1 104.0 102.4 116.1 112.0 106.5 116.3 104.0 101.8 106.3 102.0 104.0 104.5 103.8 104.7 120.1 116.1 108.6 121.9 106.1 103.8 108.4 104.9 105.3 105.4 105.3 104.2 119.2 115.9 109.4 121.1 106.6 104.3 108.9 100.5 103.7 104.9 103.2 104.9 120.5 116.5 108.4 122.8 106.1 103.8 108.4 96.0 102.6 103.4 102.3 105.5 122.0 116.6 108.5 122.9 105.6 103.3 107.9 97.0 103.3 103.7 103.2 106.9 121.9 117.8 109.4 124.5 106.6 104.2 108.9 99.6 102.7 102.8 102.7 107.5 122.5 119.3 111.1 125.8 107.5 105.2 109.9 96.0 104.1 103.4 104.4 108.5 122.9 119.9 111.1 126.8 107.9 105.5 110.3 99.4 103.1 104.2 101.8 102.6 105.1 101.7 105.9 109.9 105.0 108.9 101.4 100.5 105.0 104.6 106.5 104.0 104.1 103.9 45.6 115.1 ... 132.3 123.1 119.2 128.7 119.2 119.2 119.2 108.1 107.6 108.6 54.3 116.3 134.7 126.0 121.2 132.8 121.3 121.3 121.3 109.2 109.5 108.9 58.2 116.9 134.0 125.8 120.7 133.0 121.8 121.8 121.8 107.4 106.2 108.6 53.5 115.9 133.3 125.6 120.8 132.4 120.4 120.4 120.4 105.8 104.7 106.9 56.1 115.4 136.1 127.0 122.1 134.0 120.6 120.6 120.6 106.5 103.2 109.8 61.9 118.1 135.9 128.2 123.2 135.2 121.9 121.9 121.9 105.9 103.7 108.0 50.2 118.0 134.2 129.1 123.4 137.1 121.7 121.7 121.7 105.5 103.8 107.2 64.1 119.4 135.3 129.1 122.7 138.1 122.5 122.5 122.5 Table 7.17.—Fixed-Weighted Price Indexes for National Defense Purchases of Goods and Services, 1982 Weights [Index numbers, 1982=100] II Government purchases of goods and services 1989 National defense purchases Durable goods Military equipment Aircraft Missiles . . . Ships Vehicles Electronic equipment Other Other durable goods Nondurable goods Petroleum products Ammunition Other nondurable goods Services Compensation of employees Military .. . Civilian Other services Contractual research and development Installation support * Weapons support 23 Personnel support Transportation of materiel Travel of persons Other Structures Military facilities Other , HI IV I I II m 130.6 130.2 131.0 132.1 134.4 135.5 136.9 122.4 122.2 122.5 123.0 125.8 126.5 127.3 National defense Durable goods Nondurable goods Services Compensation of employees Military Civilian Other services Structures 117.4 108.9 72.9 125.2 126.3 126.0 126.9 123.0 124.5 121.8 110.9 76.0 130.7 132.8 131.9 134.6 126.6 128.9 121.8 111.1 77.1 130.5 132.7 132.1 134.0 126.1 127.3 121.8 110.7 74.9 130.9 132.8 131.9 134.7 127.1 129.2 122.3 110.1 77.5 131.5 133.3 131.9 136.1 128.0 131.3 125.6 111.0 80.9 135.8 138.8 138.0 140.4 129.9 131.7 126.0 110.6 79.2 136.6 139.6 138.8 141.2 130.8 131.7 127.0 111.3 85.9 137.3 139.8 138.9 141.5 132.4 134.4 Nondefense . Durable goods Nondurable goods Commodity Credit Corporation inventory change Other nondurables Services Compensation of employees Other services Structures 117.6 100.8 123.9 104.5 123.4 104.2 124.1 104.7 124.9 105.5 126.6 106.4 127.6 107.1 127.9 107.9 98.6 123.7 126.6 119.2 115.1 104.7 130.4 134.5 124.0 119.8 104.1 130.0 134.2 123.5 119.3 105.1 130.7 134.6 124.6 120.4 106.6 131.6 135.3 125.7 121.4 105.0 134.6 139.6 126.8 122.2 107.8 135.6 140.4 128.1 122.7 105.1 136.3 140.8 129.4 123.5 130.1 136.7 136.1 137.3 138.9 140.8 142.1 144.1 113.4 97.2 136.7 137.8 131.7 119.4 117.4 103.7 143.8 145.3 137.2 123.3 117.0 104.2 142.9 144.3 136.7 123.2 117.8 103.7 144.6 146.2 137.6 123.4 118.7 105.3 146.4 148.1 138.8 123.7 119.2 107.2 148.6 150.1 141.7 124.6 119.9 105.5 150.4 152.1 142.9 124.7 121.0 110.3 152.3 154.1 144.2 125.4 State and local Durable goods Nondurable goods Services Compensation of employees Other services Structures Table 7.18.—Current-Dollar Cost and Profit per Unit of Constant-Dollar Gross Domestic Product of Nonfmancia! Corporate Business [Dollars] II Seasonally adjusted III 117.4 121.8 121.8 121.8 122.3 125.6 126.0 127.0 108.9 110.9 111.1 110.7 110.1 111.0 110.6 111.3 110.4 106.9 116.1 125.6 88.8 108.4 111.1 102.1 112.2 106.9 115.3 131.7 91.1 111.1 115.4 105.4 112.4 106.6 118.6 131.6 90.6 111.0 115.1 105.3 111.9 106.4 113.2 132.3 91.9 111.2 115.7 105.5 111.0 104.2 112.2 132.6 92.5 111.6 116.4 106.0 111.9 105.9 112.3 133.1 92.3 111.7 117.0 107.1 112.0 105.8 111.2 133.7 93.9 111.6 117.9 104.3 112.5 106.3 110.4 135.1 95.1 111.6 118.3 105.9 72.9 76.0 77.1 74.9 77.5 80.9 79.2 85.9 56.7 98.9 115.8 59.7 102.3 119.0 61.5 102.1 118.5 58.1 102.4 118.7 61.2 103.5 120.5 65.9 103.5 121.9 63.5 103.4 121.7 73.7 101.8 121.9 125.2 130.7 130.5 130.9 131.5 135.8 136.6 137.3 126.3 126.0 126.9 123.0 120.3 129.8 117.7 158.3 94.3 106.9 132.8 131.9 134.6 126.6 124.7 133.2 122.0 163.3 91.4 110.3 132.7 132.1 134.0 126.1 125.3 132.0 121.1 160.8 91.0 109.6 132.8 131.9 134.7 127.1 125.3 134.1 122.9 162.3 91.4 110.5 133.3 131.9 136.1 128.0 125.8 135.0 123.9 167.7 88.5 111.5 138.8 138.0 140.4 129.9 126.9 136.3 124.8 171.6 93.8 116.2 139.6 138.8 141.2 130.8 127.8 137.1 125.8 173.0 94.0 117.5 139.8 138.9 141.5 132.4 127.1 140.9 125.6 180.2 95.8 118.9 124.5 128.9 127.3 129.2 131.3 131.7 131.7 134.4 126.1 122.1 130.2 126.9 127.6 126.7 130.2 127.7 133.7 127.6 133.9 128.5 133.6 128.8 137.3 130.1 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems. 3. Includes compensation of foreign personnel, consulting, training, and education. IV 117.4 1990 1989 II III 124.7 Federal Seasonally adjusted 1988 1990 1989 1989 1988 1988 Current-dollar cost and profit per unit of constant-dollar gross domestic product ' Capital consumption allowances with capital consumption adjustment Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies Domestic income Compensation of employees ,. Corporate profits with inventory valuation and capital consumption adjustments Profits tax liability Profits after tax with inventory valuation and capital consumption adjustments Net interest 1.132 1.174 1990 1989 1989 II m IV I II 1.171 1.178 1.189 1.200 1.213 m .132 .135 .135 .135 1.008 1.043 1.042 1.046 1.054 1.065 1.078 .107 .901 .750 .112 .931 .782 .111 .931 .780 .113 .933 .782 .114 .939 .795 .117 .948 .803 .116 .962 II'.'.'. .812 .111 .043 .099 .042 .102 .042 .100 .041 .092 .040 .093 .039 .097 .040 .068 .041 .057 .050 .060 .049 .059 .051 .052 .052 .053 .052 .057 .053 124 131 129 1. Equals the deflator for gross domestic product of nonfmancial corporate business with the decimal point shifted two places to the left. 18 SURVEY OF CURRENT BUSINESS October 1990 Table 8.1.—Percent Change From Preceding Period in Selected Series [Percent] Seasonally adjusted at annual rates 1988 1989 II Gross national product: Current dollars 1982 dollars v^nam price inaex. Personal consumption expenditures: Current dollars * 1982 dollars l Implicit price deflator. Chain price index Fixed-weighted price index ; Durable goods: Current dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index Nondurable goods: Current dollars 1982 dollars implicit pnce deflator. u.nam pnceinae . Services: Current dollars ' 1982 dollars ' Implicit price deflator Chain price index Fixed-weighted price index Gross private domestic investment: Current dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index III Seasonally adjusted at annual rates 1990 1989 IV I II 1988 III 6.7 2.5 4.1 4.3 4.5 5.8 1.6 3.9 4.4 4.6 5.1 1.7 3.2 3.1 3.1 3.9 .3 3.8 3.7 3.8 6.7 1.7 4.8 6.1 6.6 5.1 .4 4.7 4.1 3.9 5.3 1.8 3.4 3.6 4.1 7.6 3.6 3.8 4.0 4.1 6.5 1.9 4.6 4.7 4.8 6.6 1.3 5.1 5.3 5.7 7.0 4.6 2.2 2.6 2.7 4.0 -.8 5.0 4.9 4.7 8.2 1.1 6.8 6.8 7.4 3.9 .2 3.6 3.4 3.1 8.9 3.6 5.1 5.2 5.7 8.1 6.8 1.1 1.7 1.7 3.7 2.3 1.4 2.0 2.1 6.3 5.6 .7 .8 1.0 19.0 -10.7 14.4 -9.5 4.0 -1.4 3.7 .2 4.4 •5 4.0 3.0 1.1 .5 .5 National defense: Current dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index .. 5.9 1.9 3.9 4.1 4.1 6.6 1.2 5.3 5.4 5.7 7.6 -1.7 9.3 9.5 10.2 3.7 3.9 0 .1 3 4.1 -.2 4.3 4.8 4.5 9.3 -3.2 12.8 12.9 13.2 1.5 -1.9 3.5 3.0 2.0 8.3 1.7 6.7 7.0 7.7 Nondefense: Current dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index 8.6 3.8 4.5 4.6 4.7 7.3 2.4 4.8 4.9 4.8 6.0 2.1 3.8 3.9 3.8 7.8 3.5 4.4 4.5 4.5 8.6 3.1 5.2 5.5 5.4 4.9 .1 4.8 4.1 4.3 9.5 5.1 4.2 4.5 4.4 10.4 5.1 5.0 5.3 5.5 6.8 5.5 3.2 1.6 3.7 1.2 -.5 1.8 -7.9 -4.7 6.5 0 .3 -.1 -6.6 -7.1 7.4 5.6 1.7 2.9 3.6 3.1 1.6 1.4 3.2 3.4 .5 1.6 -1.1 3.2 3.1 1.6 2.4 -.7 1.7 1.9 -4.8 -4.2 -.7 2.2 2.6 12.0 7.6 4.2 3.7 4.2 -6.8 -6.5 -.4 .6 1.3 2.9 1.0 1.9 1.7 2.2 9.8 8.3 1.3 2.5 3.6 4.8 3.9 1.0 3.0 3.4 3.9 6.9 -2.7 2.2 2.3 5.3 6.3 -1.2 1.9 2.0 -4.8 -3.8 -.8 3.0 3.2 9.1 5.0 3.6 3.8 4.4 -5.0 -4.7 0 .8 1.6 11.0 7.4 3.2 1.5 2.1 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index 4.6 -.3 5.0 4.8 5.8 4.5 0 4.5 3.5 3.0 -6.1 -8.2 2.0 3.7 1.7 8.0 7.1 1.0 2.0 .5 .3 1.3 -1.0 2.4 1.4 4.7 2.3 2.4 3.0 2.8 -4.2 -9.0 5.4 1.6 1.9 8.4 5.1 3.0 3.1 2.8 Producers' durable equipment: Current dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index 12.0 11.6 .3 1.6 2.2 5.0 5.2 -.2 2.8 3.6 8.2 12.2 -3.7 1.6 2.7 4.2 6.1 -1.7 1.8 3.0 -6.6 -5.2 -1.7 3.2 4.4 11.0 5.7 5.2 4.1 5.4 -5.2 -3.3 -2.1 .6 1.4 12.0 8.2 3.4 .9 1.7 -.6 -6.4 -4.1 -11.3 3.5 5.3 3.6 5.5 3.6 5.5 -6.4 -7.6 1.6 1.4 1.4 -5.1 -5.5 .3 .4 .5 18.9 -11.0 -13.7 15.1 -11.2 -15.4 0 2.3 3.3 .1 3.3 2.3 2.2 3.5 .3 Nonresidential: Current dollars 1982 dollars Implicit price deflator Fixed-weighted price index Structures: , 2.7 -.8 3.6 3.6 3.5 Exports of goods and services: Current dollars ' 1982 dollars ' Implicit price deflator Chain price index Fixed-weighted price index 22.8 18.3 3.7 4.9 5.3 13.4 11.0 2.2 2.3 2.7 13.1 12.4 .8 2.0 2.3 -3.2 -.5 -2.6 -.4 -.3 12.8 13.5 -.8 -.3 0 12.0 11.2 .8 4.7 5.0 -1.0 -5.0 4.2 2.6 3.4 1.8 1.2 .4 3.5 3.4 Imports of goods and services: Current dollars l 1982 dollars ' Implicit price deflator Chain price index Fixed-weighted price index 11.0 7.1 3.5 5.4 5.2 7.4 6.0 1.3 3.2 3.6 13.9 12.8 1.1 4.0 4.9 -4.1 6.4 -9.9 -4.9 -5.8 3.1 1.7 1.2 3.1 4.0 8.0 2.5 5.6 7.8 9.2 -3.8 .7 -4.5 -6.3 -7.0 16.9 6.0 10.1 12.0 14.1 , 1. Percent changes for 1986 and the first quarter of 1986 reflect discontinuities in the series. NOTE.—The fixed-weighted price index and the chain price index, both of which are weighted averages of the detailed prices used in the deflation of GNP, are measures of price change. In calculating changes in these indexes, the composition of GNP is held constant. Consequently these changes reflect only changes in prices. The fixed-weighted price index measures price change over any period, using as weights the composition of GNP in 1982. The chain price index measures price change between two consecutive periods, III IV I II III 6.6 2.3 4.2 4.4 4.7 5.8 4.0 1.9 3.5 3.3 2.0 -2.4 4.5 2.6 2.6 6.2 3.0 3.1 3.1 3.4 10.7 2.9 7.6 7.5 7.2 6.2 6.2 0 3.0 3.0 6.4 1.3 4.9 4.5 4.5 -.3 -3.4 3.2 2.3 1 4.0 5.2 2.1 3.0 3.6 4.2 4.3 7.0 -2.7 1.5 1.1 -3.2 -7.9 5.2 1.1 .8 .7 -.4 1.0 1.1 1.8 11.1 .4 10.7 10.3 9.5 11.5 16.4 -4.2 2.3 2.0 3.4 -.3 3.7 2.4 2.5 .9 -1.7 2.6 2.2 3.4 1.3 -1.7 3.1 3.3 3.8 3.3 3.2 .3 .7 1.4 7.8 7.2 .3 .6 .2 -9.0 -7.0 -2.0 .4 1.5 11.1 -1.7 13.3 10.9 11.2 3.2 3.3 -.3 2.0 1.4 2.0 .5 1.7 2.6 3.2 -4.2 -9.4 5.9 2.5 5.3 7.4 -30.6 19.0 16.6 20.3 -44.1 24.4 2.1 -10.5 4.9 3.7 2.5 5.4 .5 2.5 37.5 26.5 8.4 3.3 2.4 11.2 39.1 7.5 67.4 3.4 -16.8 8.6 3.3 5.5 3.5 7.3 -2.7 10.2 1.9 .8 . State and local: Current dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index 7.8 2.9 4.7 4.8 4.9 7.4 2.4 5.0 5.0 5.0 6.7 1.8 4.9 4.8 4.8 5.5 1.8 3.6 3.6 3.8 9.8 5.6 4.2 4.4 4.5 10.5 4.8 5.4 5.7 5.7 3.1 -.6 3.5 3.4 3.7 8.3 2.5 5.8 5.8 5.8 3.3 3.8 4.1 1.9 4.4 4.6 1.8 4.6 4.9 2.8 2.5 2.6 -1.2 4.1 4.2 .5 6.5 7.0 1.3 2.9 2.9 2.5 4.6 5.0 4.5 3.7 4.2 2.5 4.3 4.5 1.7 4.4 4.6 1.8 3.1 3.1 .9 3.7 3.8 3.8 6.1 6.5 -.7 4.1 3.8 2.0 3.5 4.1 3.3 3.8 4.1 1.9 4.4 4.6 1.9 4.6 4.9 2.9 2.5 2.6 W7 4.1 4.2 2.5 6.5 6.9 .2 2.9 2.9 2.7 4.6 5.0 4.5 3.2 2.7 4.0 1.6 4.2 2.9 2.2 3.9 1.0 5.4 1.8 3.4 .4 4.7 4.4 3.3 2.5 4.0 2.1 3.9 1.4 3.5 -.1 3.5 1.8 4.8 1.2 4.7 1.6 3.4 4.6 3.1 2.4 4.0 1.9 4.0 1.1 3.3 -.4 3.6 1.8 4.2 .8 4.8 1.5 3.1 5.4 2.8 2.1 3.9 1.4 4.6 .8 3.3 -1.8 3.9 1.5 3.5 1.1 4.8 1.5 3.5 8.9 4.9 7.1 2.4 3.9 -1.2 5.1 2.7 6.1 1.2 9.6 2.5 4.0 .3 4.4 -.6 Addenda: Gross domestic purchases: 1982 dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index Federal: Current dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index 1990 1989 II 4.5 .2 4.2 3.8 4.6 Fixed-weighted price index Fixed investment: Residential: Current dollars 1982 dollars Implicit price deflator Chain price index Fixed-weighted price index Government purchases of goods and services: Current dollars 1982 dollars Implicit price deflator. Chain price index Fixed-weighted price index 7.9 4.5 3.3 3.7 4.2 11.9 -12.4 9.6 -13.0 2.2 .7 2.6 1.6 1.9 2.6 1989 Final sales: 1982 dollars _. , " . . . . . . Final sales to domestic purchasers: 1982 dollars Chain price index Command-basis gross national product: 1982 dollars Implicit price deflator , Gross domestic product: 1982 dollars Implicit price deflator Business: Implicit price deflator ., Nonfarm: 1982 dollars Disposable personal income: Current dollars 1982 dollars . using as weights the composition of GNP in the first period. The implicit price deflator is a byproduct of the deflation of GNP. It is derived as the ratio of current- to constant-dollar GNP (multiplied by 100). It it the average of the detailed prices used in the deflation of GNP, but the prices are weighted by the composition of GNP in each period. Consequently, the implicit price deflator reflects not only changes in prices but also changes in the composition of GNP, and its use as a measure of price change should be avoided. October 1990 SURVEY OF CURRENT BUSINESS 19 NIPA Charts Dec. Nov. P T Jan. July F T July P Nov. T Change in busi of goods and servi purchases of goods 1964 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 1991 20 SURVEY OF CURRENT BUSINESS Percent Change Percent Change 15 10 I REAL GNP1 October 1990 1 GNP PRICE INDEX (FIXED WEIGHTS)1 1 1 REAL GROSS DOMESTIC PRODUCT I 10 GROSS DOMESTIC PURCHASES PRICE INDEX (FIXED WEIGHTS)1 -5 1987 1988 1989 1990 1987 Percent Change Billion 15 500 1988 1989 1990 I REAL GROSS DOMESTIC PURCHASES1 I CORPORATE PROFITS WITH IVA AND CCAdj2 I REAL FINAL SALES TO DOMESTIC PURCHASERS1 I CORPORATE PROFITS BEFORE TAX2 10 400 300 200 -5 100 1987 1988 1989 1987 1990 1988 1989 1990 Percent Percent Change 10 REAL DISPOSABLE PERSONAL INCOME1 1987 1988 PERSONAL SAVING RATE3 1990 1987 1 Percent change at annual rate from preceding quarter; based on seasonally adjusted estimates. 2$easonally adjusted annual rate; IVA is inventory valuation adjustment, and CCAdj is capital consumption adjustment. Personal saving as percentage of disposable personal income; based on seasonally adjusted estimates. U.S. Department of Commerce, Bureau of Economic Analysis 3 1988 1989 1990 REGIONAL PERSPECTIVES Personal Income Growth Slowed in Second Quarter 1990 (chart 4). Personal income growth slowed sharply in the Plains, Far West, and Southeast regions and slightly in the Southwest and Mideast regions. Income growth was unchanged in the IT ERSONAL income in the Nation in- Great Lakes and New England regions creased only 1.3 percent in the second and picked up slightly in the Rocky quarter of 1990, down from 2.1 percent Mountain region. In the Plains region, personal income in the first.1 The slowdown was wideincreased 0.3 percent in the second spread: 38 States had slower growth in the second quarter than in the first quarter after a 1.9-percent increase in the first. Farm income and construction payrolls declined after an increase (table 1). A drop in Federal 1. Percent changes shown in this article are not at annual rates. farm subsidy payments contributed to the farm income decline. In addition, NOTE.—This article was written by Howard L. the payroll gain in retail trade was Friedenberg and Rudolph E. DePass. smaller in the second quarter than in the first. By State, personal income growth slowed in the second quarter in Iowa, Nebraska, South Dakota, Kansas, and Missouri and picked up in North Dakota and Minnesota. In the Far West, personal income increased 1.6 percent in the second quarter after a 3.2-percent increase in the first. Durables manufacturing payrolls declined after being boosted by bonuses in the aircraft industry in the first quarter. Payroll gains in transportation and public utilities and in wholesale and retail trade were smaller in the second quarter than in the first. All of the Far West States had slowdowns in income growth in the second quarter. CHART 4 Slowdown in Personal Income Growth in Second Quarter 1990 was Widespread LJ States with slower growth LJ States with faster growth U.S. Department of Commerce, Bureau of Economic Analysis ffiv 22 SURVEY OF CURRENT BUSINESS October 1990 Table 1.—Percent Change in Personal Income for the United States and BEA Regions, 1990:1 and 1990:11 [Change from preceding quarter, not at annual rates] Personal income 1990:1 United States Plains Far West Southeast Southwest Mideast Great Lakes New England Rocky Mountain 2.1 1.9 3.2 2.7 1.7 1.7 1.6 .9 1.4 Wage and salary disbursements (payrolls) Durables manufacturing Farm Total 1990:11 1.3 .3 1.6 1.2 1.3 1.3 1.6 .9 1.6 1990:1 24.6 28.9 7.7 35.4 3.0 27.5 65.1 21.3 -13.4 1990:11 -10.6 -18.2 -1.7 -12.4 -3.5 -9.3 -16.2 -7.4 1.8 Nondurables manufacturing Construction 1990:1 1990:11 1990:1 1990:11 1990:1 -0.2 -2.9 .9 2.7 2.9 -1.1 -2.5 .7 1.6 1.2 -.2 -.1 .9 -1.1 .7 4.0 -.7 1.2 0.4 -.5 -.7 1.5 1.6 1.4 .5 1.1 1.3 3.6 -.4 3.2 4.3 1.1 4.6 2.0 -.4 1.7 -6.1 3.6 [4 .4 .5 1.0 -.9 13 Transportation and public utilities 1990:11 -0.8 -1.7 1.4 -1.1 .5 -1.2 -2.1 -4.1 -1.3 1990:1 1990:1 1990:11 3.1 -.3 3.1 3.4 2.9 5.3 2.1 4.4 2.2 1.9 2.1 2.4 2.5 2.7 -.1 2.4 1.3 2.6 In the Southeast, personal income slowdown. Payrolls in transportation increased 1.2 percent in the second and public utilities also declined after a quarter after a 2.7-percent increase first-quarter gain. Payroll gains in rein the first. Farm income and con- tail trade and services were smaller in struction payrolls declined in the sec- the second quarter than in the first. All ond quarter after increasing in the of the Mideast States except New Jerfirst. Moreover, payroll gains in both sey had slowdowns in income growth durables and nondurables manufactur- in the second quarter. In the Great Lakes region, personal ing, in transportation and public utilities, and in retail trade were smaller income increased 1.6 percent in the in the second quarter than in the first. second quarter, the same rate as in All of the Southeast States had slow- the first. Downswings in farming downs in income growth in the second and construction were offset by pickups in manufacturing and the private quarter. In the Southwest, personal income service-type industries (transportation increased 1.3 percent in the second and public utilities; wholesale trade; quarter after a 1.7-percent increase in retail trade; finance, insurance, and the first. Farm income and durables real estate; and services). Within manmanufacturing payrolls declined in the ufacturing, durables payrolls increased second quarter after increasing in the in the second quarter after declining first. In addition, payroll gains in con- in the first; a second-quarter increase struction, in transportation and public in motor vehicle output (but only back utilities, and in wholesale and retail up to the relatively low level of late trade were smaller in the second quar- 1989) boosted these payrolls, which ter than in the first. All of the South- had declined in the first quarter as west States except New Mexico had firms cut output to reduce inventories slowdowns in income growth in the in response to low domestic car sales. Payrolls in the private service-type insecond quarter. In the Mideast, personal income in- dustries increased more in the second creased 1.3 percent in the second quar- quarter than in the first. By State, ter after a 1.7-percent increase in the personal income growth slowed in the first. A decline in construction payrolls second quarter in Wisconsin, Indiana, that was larger in the second quar- and Illinois and picked up in Michigan ter than in the first contributed to the and Ohio. Wholesale trade 1.2 1.1 4.0 1.3 2.1 -.5 .4 -2.0 4.7 1990:11 1.6 1.2 2.2 1.8 1.2 1.2 1.9 .2 2.0 Retail trade 1990:1 1.9 1.8 2.6 2.7 2.7 1.3 1.0 .3 1.8 1990:11 1.5 1.2 2.3 1.6 1.8 .8 1.7 .3 3.0 Finance, insurance, and real estate 1990:1 1990:11 0.7 1.3 .9 .6 .5 .5 .9 1.0 .7 2.3 2.3 2.9 2.3 1.8 2.2 2.1 2.3 2.5 Services 1990:1 1990:11 1.9 1.4 3.0 2.4 1.5 2.3 1.0 .4 1.3 2.4 2.4 3.0 2.5 2.2 2.2 2.4 1.6 3.0 In New England, personal income increased 0.9 percent in the second quarter, the same rate as in the first. A downswing in manufacturing in the second quarter was offset by pickups in three of the private service-type industries. Within manufacturing, both durables and nondurables payrolls declined after an increase. Among private service-type industries, wholesale trade payrolls increased in the second quarter after declining in the first, and payrolls in finance, insurance, and real estate and in services increased more in the second quarter than in the first. By State, personal income growth slowed in the second quarter in Vermont, Maine, Rhode Island, and Massachusetts and picked up in Connecticut and New Hampshire. In the Rocky Mountain region, personal income increased 1.6 percent in the second quarter after a 1.4-percent increase in the first. Farm income and nondurables manufacturing payrolls increased in the second quarter after declining in the first. Payroll gains in all private service-type industries except wholesale trade were larger in the second quarter than in the first. By State, personal income growth picked up in the second quarter in Montana, Colorado, and Utah and slowed in Idaho and Wyoming. 23 SURVEY OF CURRENT BUSINESS October 1990 State Personal Income, Summary Estimates for Second Quarter 1990 Table 1.—Total Personal Income, States and Regions [Millions of dollars, seasonally adjusted at annual rates] I' Great Lakes Illinois Indiana Michigan . Ohio Wisconsin . . Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Southeast Alabama.... Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina.. . Tennessee .. Virginia West Virginia , . . .. . . . ' . * , , . . . ... < . . .. .... .... Southwest Arizona New Mexico Oklahoma Texas Rocky Mountain Colorado Idaho Montana Utah Wyoming Far West California.. Nevada Oregon Washington Alaska Hawaii HI' IV ' I' II' III' IV I' II' Percent change 1990 HI' IV I' UP 3,659,131 3,705,016 3,766,088 3,887,349 3,940,129 4,022,465 4,095,777 4,176,250 4,287,087 4347,177 4,385348 4,452,904 4346,227 4,605,604 United States ' New England Connecticut Maine Massachusetts New Hampshire Rhode Island... . Vermont Mideast . . . . Delaware ... District of Columbia Maryland New Jersey New York Pennsylvania II' 1989 1988 1987 State and region . 1990:11990:11 1989:111990:11 1.3 5.9 230,668 65,926 15,937 108,134 18,215 14,942 7,513 235,480 67,387 16,332 110,212 18,675 15,178 7,696 241,737 69,042 16,771 113,223 19,262 15,563 7,876 249,533 71,189 17,319 116,786 20,059 16,049 8,130 253375 72,391 17,481 118,869 20,290 16,170 8,174 259318 73,851 17,914 121,828 20,860 16,651 8,414 265,318 75,661 18,376 124,331 21,306 16,957 8,687 271,941 77,919 18,807 127,333 21,820 17,253 8,810 276,448 78,369 19,553 129,441 22,256 17,663 9,166 279,923 79,695 19,789 130,819 22,445 17,894 9,281 281,875 80,316 19,924 131,791 22,532 18,003 9,310 283,986 81,365 20,174 132,422 22,533 18,116 9,375 286,403 81,195 20,603 133,755 22,666 18,546 9,637 288,893 82,042 20,620 134,866 23,008 18,692 9,666 .9 1.0 .1 .8 1.5 .8 .3 3.2 2.9 4.2 3.1 2.5 4.5 4.1 736,991 10,198 11,801 79,877 150,797 309,408 174,909 750,712 10,432 11,959 81,500 153,340 315,156 178,325 766,680 10,663 12,224 83,353 157,070 321,764 181,606 789,910 11,002 12,696 86,154 162,064 331,303 186,691 807,011 11,007 12,891 87,910 165,821 341,144 188,238 822,416 11,299 13,359 89,458 169,223 347,727 191,350 842,834 11,676 13,815 92,304 173,980 355,081 195,978 861350 11,845 14,068 93,695 178,315 364,595 198,831 877,200 12,216 14,012 96,542 180,049 370,273 204,107 891,331 12,392 14,218 98,143 182,967 376,973 206,638 900357 12,513 14,123 99,345 185,350 379,913 209,313 912,476 12,629 14,410 100,489 187,406 385,934 211,608 927,949 12,989 14,553 102,923 189,977 392,276 215,230 940,009 13,095 14,720 104,103 192,891 397,812 217388 1.3 .8 1.1 1.1 1.5 1.4 1.0 5.5 5.7 3.5 6.1 5.4 5.5 5.2 623,437 185,368 75,187 140,120 154,172 68,589 627332 186,619 75,709 141,075 154,985 68,945 636^96 189,355 76,773 142,470 157,669 70,329 657,287 197,070 79,716 146,079 161,816 72,606 665,634 200,951 80,898 147,865 163,309 72,611 673,291 202,017 81,395 149,716 166,572 73,591 683,711 204,480 82,413 152,903 169,140 74,775 694,138 208,571 82,632 155,302 171,401 76,232 716,215 215,596 87,394 158,298 175,779 79,149 724384 218,202 88,153 160,577 177,930 79,723 731,658 220,407 88,393 163,252 179,542 80,064 739,937 223,589 89,062 164,930 181,083 81,272 751,704 227,140 91,620 165,649 184,084 83,211 763,824 229,459 93,058 169,251 188,072 83,984 1.6 1.0 1.6 2.2 2.2 .9 5.4 5,2 5.6 5.4 5.7 5.3 254,262 39,341 36,469 65,626 73,299 22,104 8,727 8,698 251,951 37,636 36,700 65,306 73,622 21,577 8,495 8,614 252336 37,274 36,628 66,390 74,431 21311 8,017 8,484 268,750 42,185 38,320 69,535 76,549 24,129 8,717 9,314 267,902 41,509 38,090 70,184 76,953 23,105 8,788 9,274 270,418 40,430 39,348 70,672 78,506 23,891 8,530 9,040 267,893 40,057 38,908 70,857 79,165 22,704 7,562 8,640 273,925 40,076 40,300 72,139 80,604 23,734 8,055 9,017 285378 43,835 40,657 74,896 82,390 24,818 9,036 9,746 288,670 43,740 41,418 76,449 83,589 24,875 8,828 9,772 288,777 43,557 41,111 76,952 84,456 24,554 8,586 9,561 297,045 44,783 42,630 79,149 85,775 25,294 9,360 10,054 302,761 46,792 43,076 79,849 86,947 26,685 9,103 10,309 303,811 45,725 43,363 80,665 87,871 26,584 9,215 10,387 .3 -2.3 .7 1.0 1.1 -.4 1.2 .8 5.2 4.5 4.7 5.5 5.1 6.9 4.4 6.3 760,677 47,722 27,055 180,426 86,467 43,172 50,525 26,695 82,381 40,116 61,017 94,671 20,428 771^68 48,207 26,903 184,029 87,880 43,889 50,161 26,547 84,017 40,866 61,795 96,437 20,635 786,769 49,193 27,040 188,227 89,749 44,918 50,888 26,878 85,894 41,606 62,902 98,606 20,868 810,109 50,633 27,775 194,576 92,547 46,200 51,969 27,472 88,323 42,803 65,098 101,446 21,266 818,203 50,834 27,875 196,052 93,747 46,373 52,630 28,080 89,319 43,212 65,889 102,836 21,358 839,623 52,308 29,479 201,188 96,209 47,368 53,800 28,915 91,376 44,446 67,550 105,430 21,554 856,363 53,122 29,338 206,958 97,952 48,225 54,164 29,193 93,712 45,241 68,753 107,832 21,874 870,920 54,031 29,648 210,875 99,532 48,686 55,132 29,694 95,311 45,969 70,008 109,942 22,091 896,213 55,256 31,151 217,563 101,756 50,701 55,891 30,579 98,248 47,861 71,334 113,010 22,864 907,693 56,044 30,942 222,295 103,008 50,806 56,413 30,628 99,467 48,343 72,211 1 14,888 22,649 912,144 56,229 30,791 225,352 103,686 51,282 56,655 30,679 99,950 45,636 72,950 116,000 22,935 929,110 56,916 31,257 229,228 104,799 52,070 57,500 31,045 101,786 49,686 73,850 117,737 23,236 954,307 58,500 32,911 234,344 107,737 53,940 59,107 31,962 104,740 51,328 75,419 120,230 24,089 965,794 59,294 33,024 238,665 109,102 54,331 59,592 32,204 105,627 51,947 76,102 121,629 24,276 1.2 1.4 .3 1.8 1.3 .7 .8 .8 .8 1.2 .9 1.2 .8 6.4 5.8 6.7 7.4 5.9 6.9 5.6 5.1 6.2 7.5 5.4 5.9 7,2 332,388 47,485 17,372 40,492 227,039 333,582 48,269 17,626 40,392 227,295 338325 48,792 17,827 40,852 230,854 346,727 50,515 18,214 41,465 236,533 350382 50,719 18,247 42,037 239,579 360,913 51,852 18,663 42,763 247,634 365,300 52,888 18,781 43,272 250,360 372344 53,475 19,203 44,048 255,818 381328 55,123 19,531 44,949 261,926 386,569 55,805 19,953 45,356 265,454 389303 56,564 20,185 45,540 267,014 397,427 57,291 20,649 46,705 272,782 404,365 58,209 20,832 47,505 277,820 409344 59,005 21,094 47,943 281,502 1.3 1.4 1.3 .9 1.3 5,9 5.7 5.7 5.7 6.0 97,174 50,506 11,590 10,012 18,922 6,143 98,448 51,118 11,773 9,954 19,317 6,285 99,001 51,406 11,947 9,941 19,414 6,294 101,067 52,797 12,036 10,013 19,826 6,394 101344 52,805 12,238 10,044 20,067 6,390 104,102 54,161 12,558 10,248 20,496 6,638 105,111 54,608 12,798 10,205 20,877 6,624 107,871 55,850 13,153 10,946 21,257 6,665 110,107 56,907 13,652 11,097 21,680 6,770 112,021 57,874 13,817 11,282 22,217 6,830 112,714 58,388 13,821 11,158 22,444 6,903 115,848 59,717 14,301 11,831 22,965 7,034 117,443 60,305 14,909 11,686 23,399 7,144 119,281 61,449 14,977 11,756 23,877 7,223 1.6 1.9 .5 .6 2.0 1.1 6.5 6.2 8.4 4.2 7.5 5.8 597,810 476,520 15,813 36,727 68,750 610,018 486,781 16,168 37,292 69,777 617,884 492,445 16,640 37,997 70,802 636,722 507,641 17,300 38,869 72,912 648,153 516,955 17,838 39,585 73,774 663,975 529,518 18,533 40,505 75,419 680,535 543,228 19,184 41,362 76,761 693,995 553,179 19,732 42,511 78,573 713,477 568,003 20,591 43,463 81,419 724,683 575,767 21,148 44,550 83,218 735,662 584,068 21,643 45,180 84,771 744,154 767,824 588,912 608,428 22,230 . 22,866 47,303 46,375 86,636 89,227 780336 618,878 23,233 48,098 90,127 1.6 1.7 •1.6 1.7 1.0 7.7 7.5 9.9 8.0 8.3 9,475 16,248 9,557 16,568 9,605 16,956 9,759 17,487 9,837 17,888 10,023 18,186 10,122 18,589 10,393 19,174 10,758 19,764 11,409 20,294 11,819 20,838 11,644 21,277 11,800 21,671 12,087 22,025 2.4 1.6 5.9 8.5 279,923 766,577 724,584 288,670 735,403 209,689 398,166 208,927 735,238 281,875 774,575 731,658 288,777 739,541 211,139 399,999 211,107 746,676 283,986 784,948 739,937 297,045 754,000 213,881 408,244 216,018 754,844 286,403 797,484 751,704 302,761 772,932 219,821 417,343 219,349 778,429 288,893 808,091 763,824 303,811 783,165 221,931 422,061 222,614 791,215 .9 1.3 1.6 .3 1.3 1.0 1.1 1.5 1.6 3.2 5.4 5.4 5.2 6.5 5.8 6.0 6.6 7.6 Census Divisions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific 230,668 635,114 623,437 254,262 606,366 178,607 345,111 177,844 607,720 235,480 646,821 627,332 251,951 617,756 180,439 344,751 180,511 619,975 241,737 660,440 636,596 252,536 631,191 183,891 349,633 182,260 627,805 249,533 680,058 657,287 268,750 650,813 189,403 357,742 187,096 646,668 253,375 695,203 665,634 267,902 658,331 191,176 362,121 188,348 658,039 259,518 708,300 673,291 270,418 674,319 196,141 373,676 193,150 673,651 ' Revised. Preliminary. 1. The personal income level shown for the United States is derived as the sum of the State estimates; it differs from the national income and product accounts (NIPA) estimate of personal income because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents p 265,318 725,039 683,711 267,893 691,364 199,292 377,134 195,964 690,062 271,941 741,741 694,138 273,925 703,328 202,421 384,646 200,281 703,829 276,448 754,429 716,215 285,378 724,072 207,870 393,916 205,351 723,407 employed abroad temporarily by private U.S. firms. It can also differ from the NIPA estimate because of different data sources and revision schedules. NOTE.—The quarterly estimates of State personal income were prepared by Francis G. McFaul, James P. Stehle, Isabelle B. Whiston, and James M. Zavrel, under the supervision of Robert L. Brown. 24 SURVEY OF CURRENT BUSINESS October 1990 Table 2.—Nonfarm Personal Income, States and Regions [Millions of dollars, seasonally adjusted at annual rates] I' II' III' IV I' II' III' W. I' II' Percent change 1990 1989 1988 1987 State and region III' IV' I' ,„ 3,607,941 3,661,413 3,728,115 3,829,455 3,888,588 3,968336 4,051,751 4,131,445 4,223,412 4,293,701 4,345,833 4,405301 4,486,896 4,552,556 1990:11990:11 1989:111990:11 1.5 6.0 230,004 65,771 15,819 107,939 18,165 14,902 7,408 234,758 67,219 16,208 110,001 18,620 15,133 7,577 240,988 68,871 16,640 113,010 19,199 15,517 7,750 248,760 71,007 17,185 116,564 19,998 15,999 8,007 252,758 72,253 17,392 118,674 20,238 16,134 8,068 258,822 73,693 17,819 121,607 20,799 16,609 8,295 264,464 75,471 18,250 124,063 21,231 16,904 8,544 271,196 77,750 18,697 127,100 21,756 17,207 8,686 275,643 78,182 19,411 129,195 22,201 17,614 9,039 279,217 79,529 19,669 130,603 22,395 17,852 9,168 281,211 80,165 19,808 131,592 22,483 17,964 9,200 283,290 81,209 20,042 132,222 22,485 18,075 9,256 285,558 81,005 20,451 133,499 22,611 18,496 9,496 288,111 81,862 20,490 134,635 22,952 18,646 9,525 .9 1.1 .2 .9 1.5 .8 .3 3.2 2.9 4.2 3.1 2.5 4.4 3.9 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 734,997 10,077 11,801 79,515 150,565 308,866 174,173 748,540 10,309 11,959 81,130 153,084 314,568 177,491 764,572 10,547 12,224 83,004 156,815 321,183 180,800 787,462 10,855 12,696 85,715 161,783 330,637 185,775 804,797 10,871 12,891 87,541 165,577 340,446 187,472 820,034 11,134 13,359 89,038 168,953 347,031 190,518 840,139 11,458 13,815 91,819 173,674 354,324 195,049 858,907 11,644 14,068 93,249 178,033 363,898 198,015 874,175 11,995 14,012 95,984 179,735 369,428 203,020 888,594 12,190 14,218 97,713 182,684 376,148 205,641 898,227 12,356 14,123 98,986 185,118 379,219 208,427 910,041 12,464 14,410 100,112 187,165 385,226 210,663 924,843 12,766 14,553 102,341 189,689 391,401 214,094 937,193 12,907 14,720 103,671 192,617 396,963 216,315 1.3 1.1 1.1 1.3 1.5 1.4 1.0 5.5 5.9 3.5 6.1 5.4 5.5 5.2 Great Lakes Illinois Indiana Michigan Ohio Wisconsin 617,278 183,727 73,915 139,390 153,283 66,963 622,856 185,660 74,928 140,528 154,208 67,533 633,422 189,092 76,404 141,952 157,118 68,857 647,846 193,769 78,394 144,895 160,468 70,321 656,926 197,800 78,800 147,123 162,102 71,101 667,165 200,097 80,205 149,115 165,579 72,168 681,484 204,575 82,210 152,590 168,612 73,497 692,772 208,759 83,349 154,848 171,117 74,698 706,180 212,197 85,783 157,259 174,575 76,365 716,177 215,587 86,766 159,618 176,881 77,325 726,218 218,756 87,555 162,641 178,879 78,386 734,033 221,834 88,109 164,299 180,355 79,435 741,957 223,545 89,844 164,709 182,944 80,916 755,655 226,631 91,621 168,472 187,174 81,757 1.8 1.4 2.0 2.3 2.3 1.0 5.5 5.1 5.6 5.5 5.8 5.7 Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota 241,455 35,671 34,703 63,368 72,352 20,006 7,682 7,672 243,762 36,174 35,143 63,886 72,933 20,187 7,716 7,723 247,169 36,559 35,679 65,022 73,816 20,496 7,771 7,826 252,041 37,388 36,359 66,374 75,281 20,849 7,810 7,981 254,538 37,518 36,636 67,509 75,944 21,063 7,824 8,044 259,065 38,056 37,499 68,815 77,429 21,260 7,835 8,171 262,647 38,754 37,991 69,687 78,584 21,548 7,842 8,243 267,789 39,587 38,667 71,448 79,727 22,003 7,954 8,404 272,758 40,434 39,556 72,132 81,320 22,543 8,153 8,621 278,617 41,315 40,209 74,387 82,651 22,990 8,259 8,805 282,506 41,813 40,650 75,389 83,954 23,366 8,390 8,945 287,455 42,715 41,301 77,136 84,826 23,799 8,554 9,124 290,396 43,206 41,835 77,162 86,025 24,182 8,656 9,331 293,694 43,495 42,255 78,241 87,059 24,493 8,722 9,430 1.1 .7 1.0 1.4 1.2 1.3 .8 1.1 5.4 5.3 5.1 5.2 5.3 6.5 5.6 7.1 Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia 749,618 46,845 25,383 178,480 85,343 42,474 49,634 25,587 81,062 39,794 60,413 94,222 20,380 761392 47,435 25,744 181,900 86,780 43,044 49,748 25,805 82,670 40,542 61,226 95,918 20,579 776,969 48,422 26,087 185,928 88,728 43,973 50,459 26,262 84,533 41,312 62,334 98,118 20,812 799,370 49,789 26,691 192,267 91,350 45,124 51,568 26,906 86,729 42,450 64,438 100,842 21,217 807,508 49,968 26,910 193,787 92,649 45,442 51,928 27,132 88,010 42,864 65,251 102,265 21,302 826,073 51,264 27,444 198,701 94,960 46,322 52,737 27,724 89,801 44,018 66,814 104,800 21,488 842,933 51,911 27,788 204,052 96,546 47,172 53,469 28,210 91,962 44,869 68,032 107,120 21,803 857,272 52,795 28,143 208,240 98,034 47,690 54,123 28,588 93,661 45,531 69,176 109,268 22,022 880,050 54,031 28,846 214,718 100,119 49,083 54,829 29,342 96,211 47,349 70,437 112,283 22,802 894,683 55,015 29,374 219,727 101,571 49,510 55,786 29,851 97,661 47,896 71,540 114,165 22,588 902,202 55,375 29,875 223,188 102,483 50,259 56,323 30,175 98,491 45,302 72,457 115,391 22,881 918,560 56,041 30,343 227,098 103,657 50,828 57,112 30,486 100,192 49,266 73,235 117,112 23,189 940,018 57,406 31,096 231,984 106,160 52,199 58,347 31,128 102,697 50,833 74,668 119,466 24,035 953,280 58,184 31,489 236,826 107,685 52,872 58,946 31,489 103,742 51,517 75,423 120,884 24,223 1.4 1.4 1.3 2.1 1.4 1.3 1.0 1.2 1.0 1.3 1.0 1.2 .8 6.5 5.8 7.2 7.8 6.0 6.8 5.7 5.5 6.2 7.6 5.4 5.9 7.2 325,604 46,811 17,087 39,135 222,571 328,167 47,655 17,291 39,379 223,841 333,589 48,247 17,576 39,931 227,835 341,709 49,947 17,938 40,495 233,330 345,719 50,125 17,965 40,876 236,753 354,108 51,092 18,352 41,605 243,059 360,234 52,248 18,499 42,139 247,348 366,150 52,877 18,851 42,737 251,685 374,667 54,371 19,227 43,550 257,519 381,087 55,267 19,657 44,198 261,965 385,725 56,097 19,903 44,685 265,039 392,289 56,771 20,218 45,513 269,788 399,073 57,606 20,543 46,239 274,685 404,436 58,494 20,806 46,739 278,396 1.3 1.5 1.3 1.1 1.4 6.1 5.8 5.8 5.7 6.3 , 95,115 49,893 10,916 9,436 18,771 6,099 96,098 50,352 11,007 9,466 19,112 6,161 97,035 50,868 11,151 9,548 19,238 6,230 99,076 51,990 11,410 9,705 19,641 6,332 99,836 52,230 11,593 9,806 19,890 6,317 101,804 53,222 11,830 10,007 20,250 6,494 103,306 53,966 12,042 10,110 20,636 6,551 105,158 54,936 12,276 10,376 21,006 6,563 107,522 56,067 12,661 10,590 21,477 6,727 109,574 57,021 12,911 10,830 22,020 6,793 110,925 57,761 13,098 10,907 22,278 6,881 112,882 58,714 13,349 11,105 22,733 6,980 114,875 59,450 13,779 11,353 23,193 7,101 116,667 60,537 13,872 11,413 23,668 7,177 1.6 1.8 .7 .5 2.0 1.1 6.5 6.2 7.4 5.4 7.5 5.7 , 588,394 469,401 15,768 35,953 67,271 599,978 479,242 16,111 36,397 68,229 608,091 484,936 16,585 37,167 69,402 626,228 499,457 17,247 37,995 71,529 639,034 509,985 17,789 38,729 72,530 653322 521,349 18,471 39,513 73,989 668,130 533,664 19,121 40,221 75,125 682,911 544,903 19,668 41,436 76,904 702,146 559,511 20,509 42,462 79,664 714,289 568,010 21,074 43,634 81,571 726398 577,104 21,581 44,372 83,341 734,074 581,617 22,163 45,399 84,895 756,964 600,575 22,785 46,289 87,315 769,664 610,979 23,155 47,112 88,418 1.7 1.7 1.6 1.8 1.3 7.8 7.6 9.9 8.0 8.4 9,464 16,013 9,545 16,316 9,584 16,697 9,745 17,216 9,826 17,647 10,011 17,932 10,105 18,310 10,375 18,913 10,746 19,526 11,398 20,067 11,809 20,613 11,630 21,046 11,787 21,425 12,076 21,782 2.4 1.7 5.9 8.5 279,217 764,473 716,177 278,617 727,729 205,916 391,322 205,572 724,679 281,211 772,763 726,218 282,506 733,201 208,267 395,922 208,506 737,238 283,290 783,054 734,033 287,455 747,501 210,591 402,756 212,034 744,587 285,558 795,184 741,957 290,396 764,834 215,401 410,367 215,809 767,391 288,111 805,894 755,655 293,694 776,174 217,968 415,571 219,122 780,366 .9 1.3 1.8 1.1 1.5 1.2 1,3 1.5 1.7 3.2 5.4 5.5 5.4 6.7 5.9 6.2 6.6 7.7 United States New England . Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont . Southwest Arizona New Mexico Oklahoma Texas ... Rocky Mountain Colorado Idaho Montana Utah Wyoming , Far West California Nevada Oregon Washington Alaska Hawaii Census Divisions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific . 230,004 633,604 617,278 241,455 600,675 175,319 336,723 174,781 598,103 234,758 645,142 622,856 243,762 611,786 177,511 338,713 177,155 609,729 240,988 658,798 633,422 247,169 625,205 180,991 344,313 179,443 617,786 ' Revised. Preliminary. NOTE.—Nonfarm personal income is total personal income less farm earnings. p 248,760 678,195 647,846 252,041 644,121 186,257 352,084 184,208 635,942 252,758 693,495 656,926 254,538 652,179 187,793 356,467 185,715 648,717 258,822 706,502 667,165 259,065 667,300 192,124 364,845 189,719 662,793 264,464 723,047 681,484 262,647 683,443 195,325 370,743 193,174 677,424 271,196 739,946 692,772 267,789 695,718 198,249 376,689 196,553 692,532 275,643 752,183 706,180 272,758 715,474 202,893 384,744 201,629 711,910 Do you have trouble finding economic data on your local area? 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(Daytime phone including area code) Mail To: Superintendent of Documents Government Printing Office Washington, DC 20402-9325 (Signature) 10/90 By REGIONAL ECONOMIC ANALYSIS DIVISION Metropolitan Statistical Area Projections of Income, Employment, and Population to the Year 2000 1HIS article presents metropolitan tals. In the third step, projections cept New England, where cities and statistical area (MSA) projections to for each State were distributed among towns are the primary units. In this the year 2000 of total personal in- substate areas according to the his- region, OMB recognizes alternative come, per capita personal income, em- torical record of each substate area's county-based areas, which are termed ployment, and population. The MSA share of the State totals. In the "New England county metropolitan arprojections are based on data through fourth step, the substate-area pro- eas" (NECMA's). Because the data 1988; they update the projections jections were summed to arrive at to estimate economic activity for New England cities and towns are insuffibased on data through 1983 presented projections for the MSA's.2 Table 1 shows projections for the cient, the NECMA definitions are used in the October 1985 SURVEY OF CURRENT BUSINESS. These new projections are 336 metropolitan areas recognized as in these projections. The geographic definition of each consistent with the State projections of June 1989 by the Office of Managethat were presented in the May 1990 ment and Budget (OMB) for Federal metropolitan area is held constant statistical purposes. Most of the ar- for the entire historical and projected SURVEY.1 The MSA projections are based on eas are classified simply as MSA's. data series; that is, the counties in a an extension of past economic rela- However,. if an area has more than metropolitan area as of June 1989 are tionships and assume no major policy 1 million residents and meets other included in that area for the earlier changes; they are baseline projections. criteria, it is classified as a "consol- years, even though they may not have They are neither goals for, nor lim- idated metropolitan statistical area" been officially part of the metropolitan its on, future economic activity in any (CMSA), which consists of two or more area earlier. The 336 metropolitan areas in table MSA. These projections have three ma- primary metropolitan statistical areas 1 consist of 249 MSA's, 15 NECMA's jor uses: (1) Assessing future demand (PMSA's). The metropolitan areas are defined (excluding the Bridgeport-Stamfordfor goods and services by households, businesses, and government, (2) an- in terms of counties in all regions ex- Norwalk-Danbury, CT, NECMA), and 17 CMSA's comprising 55 PMSA's alyzing economic trends to anticipate 3 future economic problems, and (3) pro2. The substate areas are defined so that their (including Bridgeport). viding baselines with which to com- boundaries do not cross State or MSA boundaries. 3. The Bridgeport-Stamford-Norwalk-Danbury, CT, information on projection methodology is pare policy forecasts in measuring the Additional available in the three-volume set, BEA Regional Pro- NECMA (Fairfield County) is considered a PMSA and a component of the New York-Northern New Jersey-Long effects of policies. jections to 2040; see the box on data availability for Island, NY-NJ-CT, CMSA. The projections were made in four ordering information. steps. In the first step, the national projections were developed. In the second step, the national projections Data Availability were distributed among the States according to the historical record of BEA Regional Projections to 2040 is published as a three-volume set. Each volume contains each State's share of the national toprojections of economic activity and population for 1995, 2000, 2005, 2010, 2020, and 2040 and a NOTE.—BEA's regional projections program is under the guidance and direction of Hugh W. Knox, Associate Director for Regional Economics. The MSA projections were prepared under the supervision of Kenneth P. Johnson, Chief of the Projections Branch of the Regional Economic Analysis Division, by Lyle Spatz, Duane G. Hackmann, Gerard P. Aman, George K. Downey, and John S. Turner. The projections were developed from historical estimates of earnings, income, and employment prepared by the Regional Economic Measurement Division under the direction of Linnea Hazen, Chief. 1. Kenneth P. Johnson, John R. Kort, and Howard L. Friedenberg, "Regional and State Projections of Income, Employment, and Population to the Year 2000," SURVEY OF CURRENT BUSINESS 70 (May 1990): 33-54. This article discusses projected trends in economic activity and population for regions and States. discussion of the projection methodology. Volume 1: States presents projections of total personal income classified by major income components, of per capita personal income, of population for three age groups, and of earnings and employment—each of which is shown for 57 industrial groups. Volume 2: Metropolitan Statistical Areas and Volume 3: BEA Economic Areas present projections of total personal income, of per capita personal income, of total population, and of earnings and employment—each of which is shown for 14 industrial groups. All three volumes are available from the U.S. Government Printing Office. Ordering information appears on the inside back cover of this issue; volumes 2 and 3 are scheduled to be available by late November 1990. The regional projections are also available on diskettes from BEA. Orders should specify the item's accession number and price. States: Accession No. BEA REA 90-420, $40.00 (two diskettes). MSA's: Accession No. BEA REA 90-430, $40.00 (two diskettes). BEA economic areas: Accession No. BEA REA 90-440, $40.00 (two diskettes). Send diskette orders to Public Information Office, Order Desk BE-53, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Payment by check or money order (payable to the Bureau of Economic Analysis) must accompany the order. For more information, write to Regional Economic Analysis Division, BE-61, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230; phone (202) 523-0959; or fax (202) 523-7338. 27 SURVEY OF CURRENT BUSINESS October 1990 Table 1.—Total Personal Income, Per Capita Personal Income, Population, and Employment by Metropolitan Area, 1988,1995, and 2000 1988 1995 2000 growth rate (percent) Rank 1982 dollars Average United States ' Thousands of persons United States 1988 1995 1988 2000 1995 2000 3,255,648 3,756,405 4,108,386 2.0 13,245 14,469 15,345 Average growth rate (percent) Thousands of jobs 1988 1995 2000 Average annual growth rate (percent) 19882000 19882000 2000 19882000 Employment Population Per capita personal income Total personal income Millions of 1982 dollars 132,503 144,017 151,450 1.1 645 4,849 1,010 1,557 2,481 1,315 2,521 2,068 8,633 1,866 1,005 10,801 3,469 1,164 910 4,220 1,644 665 5,085 1,055 1,607 2,624 1,406 2,623 2,177 9,253 1,980 1,047 11,193 3,629 1,203 965 4,523 1,757 .7 1.1 1.0 .7 1.2 1.5 .9 1.1 1.6 1.3 .9 .8 1.0 .7 1.3 1.6 1.5 74 338 63 520 331 62 354 66 106 1,716 150 64 70 217 63 194 105 88 2,002 229 227 192 490 282 1,476 84 277 73 167 64 69 86 862 72 109 152 515 52 68 80 134 2,785 168 99 78 97 576 97 67 543 70 103 203 36 118 119 290 131 784 91 256 44 3,871 88 889 88 1,108 257 77 314 147 881 169 76 349 65 541 356 64 368 68 110 1,884 156 66 72 230 65 204 109 93 2,147 243 240 203 519 301 1,544 88 287 76 172 65 73 89 899 75 115 157 535 55 72 85 144 2,907 182 108 81 102 602 103 71 561 73 109 211 37 125 125 303 133 825 96 269 45 4,053 96 929 91 1,143 275 81 330 153 926 174 .7 .8 .7 .9 1.7 .4 .9 .7 .8 2.2 .9 .6 .7 1.3 .5 1.1 .8 1.2 1.6 1.4 1.2 1.3 1.3 1.5 1.0 .8 .7 .9 .6 .5 1.4 .8 .9 1.0 1.1 .7 .9 1.2 1.2 1.2 1.6 1.0 1.7 1.9 .9 1.3 .9 1.2 1.3 .7 .8 1.3 .8 .3 1.2 1.1 1.0 .4 1.1 1.2 1.2 .3 1.0 2.0 1.0 .7 .7 1.5 1.2 1.1 .8 1.1 .7 245,803 259,613 267,741 0.7 1,176 8,181 1,728 2,769 3,766 1,858 4,620 3,641 13,770 3,001 1,572 17,985 5,963 2,284 1,414 6,042 2,421 1,192 8,537 1,779 2,822 4,006 2,037 4,736 3,847 15,288 3,237 1,630 18,613 6,241 2,321 1,535 6,568 2,658 1,200 8,747 1,812 2,850 4,142 2,153 4,803 3,960 16,183 3,372 1,660 18,975 6,413 2,345 1,604 6,865 2,794 .2 .6 .4 .2 .8 1.2 .3 .7 1.4 1.0 .5 .4 .6 .2 1.1 1.1 1.2 612 4,482 939 1,480 2,261 1,181 2,366 1,905 7,662 1,692 937 10,163 3,225 1,105 824 3,749 1,464 122 653 116 851 493 138 677 133 196 2,257 219 132 143 268 123 313 173 145 2,737 309 396 355 748 520 2,342 141 537 139 364 190 119 167 1,292 116 205 260 923 86 103 125 201 3,736 218 187 185 181 817 264 117 959 106 135 401 65 172 172 511 261 1,112 124 438 75 6,216 174 1,449 159 1,845 394 106 456 247 1,344 358 124 670 120 874 540 137 707 134 202 2,543 227 135 148 279 123 328 182 156 3,024 338 424 375 802 574 2,493 147 533 144 365 192 129 171 1,354 120 215 265 948 92 108 130 219 3,904 239 208 190 196 854 279 125 974 109 146 410 64 181 176 535 261 1,182 133 469 75 6,483 194 1,488 165 1,880 430 111 476 257 1,406 363 125 679 123 887 568 137 725 135 204 2,712 234 138 152 285 124 335 187 162 3,191 356 440 386 832 606 2,576 151 531 146 365 193 135 174 1,393 123 220 267 960 95 111 134 230 4,009 252 221 193 206 876 287 130 981 111 152 415 65 186 180 550 261 1,221 139 487 75 6,636 206 1,515 169 1,897 453 114 486 262 1,442 366 .2 .3 .5 .3 1.2 70 319 60 486 292 61 332 63 100 1,458 141 61 66 197 61 179 100 80 1,770 205 207 174 445 251 1,369 80 263 68 160 61 62 81 805 67 100 144 481 48 62 73 119 2,594 148 87 73 88 538 89 61 515 66 94 192 36 108 111 269 127 720 83 234 43 3,585 76 826 84 1,054 229 70 289 139 810 161 Consolidated metropolitan statistical areas 2 Buffalo, NY Chicago IL Cincinnati OH Cleveland, OH Dallas TX Denver CO Detroit, MI Houston, TX Los Angeles, CA . . Miami FL Milwaukee WI New York, NY Philadelphia PA . . . Pittsburgh, PA . . Portland OR San Francisco CA Seattle WA . . 15,195 123,857 22,805 38,442 54,099 27,244 69,418 47,174 209,456 44,157 22,376 319,944 89,303 29,736 18,681 109,107 36,046 16,667 139,196 25,786 43,041 63,362 32,350 77,671 54,694 249,879 51,892 25,319 359,018 101,489 32,925 22,077 129,239 43,094 17,626 150,207 27,864 46,255 69,860 36,125 83,416 60,077 278,161 57,328 27,326 386,270 110,289 35,189 24,439 143,307 48,019 1.2 1.6 1.7 1.6 2.2 2.4 1.5 2.0 2.4 2.2 1.7 1.6 1.8 1.4 2.3 2.3 2.4 12,926 15,140 13,193 13,883 14,365 14,664 15,025 12,955 15,211 14,716 14,237 17,789 14,975 13,019 13,209 18,059 14,890 13,979 16,306 14,494 15,250 15,818 15,877 16,402 14,217 16,345 16,033 15,531 19,289 16,261 14,187 14,385 19,676 16,216 14,687 17,173 15,379 16,227 16,866 16,782 17,366 15,172 17,189 17,002 16,464 20,357 17,198 15,008 15,235 20,875 17,188 1,393 8,369 1,168 11,822 5,948 1,339 9,347 1,354 2,307 41,247 3,833 1,530 1,443 4,555 1,157 3,849 1,999 1,627 40,445 5,342 4,376 5,278 9,223 5,971 35,768 1,594 5,940 1,589 4,151 2,008 1,330 1,896 26,352 1,343 1,896 3,329 10,975 950 1,072 1,631 2,565 66,755 3,328 2,556 2,319 2,189 19,092 1,668 1,087 12,584 1,330 1,882 4,691 782 2,255 2,076 5,146 2,941 14,602 1,707 5,034 866 95,167 1,894 19,355 1,505 26,924 4,892 1,322 5,406 2,524 17,547 3,568 1,576 9,378 1,341 13,293 7,296 1,486 10,595 1,497 2,643 50,106 4,176 1,657 1,666 5,259 1,271 4,397 2,323 1,909 48,387 6,246 5,194 5,957 11,018 7,067 40,663 1,823 6,681 1,787 4,615 2,132 1,581 2,103 29,525 1,535 2,186 3,665 12,480 1,135 1,251 1,876 3,101 74,656 3,989 3,134 2,657 2,539 21,275 1,981 1,282 13,850 1,503 2,198 5,238 851 2,614 2,373 5,950 3,208 17,117 2,014 5,912 944 106,416 2,277 21,869 1,713 30,185 5,884 1,551 6,204 2,893 20,142 4,013 1,705 10,089 1,465 14,286 8,243 1,595 11,499 1,597 2,859 56,302 4,481 1,765 1,823 5,744 1,352 4,773 2,542 2,105 53,863 6,903 5,766 6,441 12,263 7,839 44,175 1,988 7,219 1,926 4,946 2,220 1,752 2,244 31,940 1,675 2,387 3,885 13,522 1,252 1,372 2,047 3,485 80,381 4,467 3,579 2,895 2,791 22,885 2,197 1,421 14,676 1,626 2,422 5,620 913 2,849 2,609 6,510 3,395 18,838 2,229 6,516 1,011 114,473 2,547 23,619 1,859 32,457 6,622 1,715 6,768 3,154 21,958 4,335 1.7 1.6 1.9 1.6 2.8 1.5 1.7 1.4 1.8 2.6 1.3 1.2 2.0 2.0 1.3 1.8 2.0 2.2 2.4 2.2 2.3 1.7 2.4 2.3 1.8 1.9 1.6 1.6 1.5 .8 2.3 1.4 1.6 1.9 1.9 1.3 1.8 2.3 2.1 1.9 2.6 1.6 2.5 2.8 1.9 2.0 1.5 2.3 2.3 1.3 1.7 2.1 1.5 1.3 2.0 1.9 2.0 1.2 2.1 2.3 2.2 1.3 1.6 2.5 1.7 1.8 1.6 2.6 2.2 1.9 1.9 1.9 1.6 11,440 12,808 10,043 13,895 12,063 9,717 13,804 10,220 11,754 18,275 17,542 11,607 10,087 17,008 9,381 12,302 11,550 11,242 14,779 17,279 11,039 14,853 12,323 11,483 15,269 11,276 11,072 11,418 11,408 10,580 11,204 11,384 20,392 11,531 9,250 12,791 11,886 11,082 10,406 13,082 12,780 17,870 15,274 13,673 12,564 12,102 23,361 6,319 9,328 13,126 12,564 13,981 11,686 12,087 13,150 12,062 10,075 11,278 13,131 13,784 11,489 11,518 15,309 10,853 13,359 9,474 14,593 12,421 12,495 11,843 10,222 13,053 9,966 12,749 14,004 11,145 15,206 13,515 10,854 14,992 11,143 13,102 19,704 18,363 12,267 11,225 18,858 10,293 13,423 12,783 12,238 16,000 18,480 12,253 15,889 13,737 12,307 16,312 12,386 12,545 12,433 12,646 11,108 12,250 12,277 21,813 12,790 10,180 13,854 13,168 12,374 11,604 14,402 14,180 19,125 16,678 15,099 13,983 12,932 24,916 7,097 10,250 14,217 13,762 15,084 12,767 13,254 14,460 13,514 11,115 12,315 14,486 15,084 12,614 12,655 16,416 11,738 14,693 10,383 16,059 13,682 14,020 13,041 11,274 14,325 11,057 13,681 14,869 11,925 16,110 14,506 11,664 15,855 11,791 13,984 20,757 19,133 12,764 12,006 20,166 10,937 14,236 13,627 12,960 16,880 19,403 13,108 16,669 14,744 12,939 17,146 13,207 13,591 13,162 13,543 11,485 12,980 12,905 22,926 13,666 10,857 14,575 14,079 13,217 12,390 15,326 15,148 20,050 17,691 16,193 15,010 13,580 26,116 7,655 10,915 14,956 14,586 15,898 13,536 14,146 15,346 14,534 11,845 13,025 15,429 16,017 13,382 13,519 17,251 12,392 15,592 11,020 17,106 14,627 15,105 13,915 12,025 15,229 11,851 zzi: Other metropolitan statistical areas3 Abilene, TX . Akron, OH (PMSA)..... Albany, GA Albany-Schenectady-Troy NY . Albuquerque, NM . Alexandria L A . . . Allentown-Bethlehem, PA-NJ Altoona, PA Amarillo, TX Anaheim-Santa Ana, CA (PMSA) Anchorage AK Anderson, IN Anderson, SC Ann Arbor, MI (PMSA) Anniston AL Appleton-Oshkosh-Neenah, WI Asheville, NC Athens, GA . Atlanta GA Atlantic City NJ . Augusta, GA-SC Aurora-Elgin, IL (PMSA) . Austin, TX . . . ... .. Bakersfield CA Baltimore, MD . Bangor, ME (NECMA) Baton Rouge, LA .. Battle Creek, MI Beaumont-Port Arthur, TX Beaver County, PA (PMSA) . . Bellingham, WA Benton Harbor MI Bergen-Passaic, NJ (PMSA) Billings, MT Biloxi-Gulfport, MS Binghamton, NY Birmingham AL Bismarck, ND Bloomington, IN Bloomington-Normal IL Boise City, ID . Boston-Lawrence-Salem-Lowell-Brockton, MA (NECMA) Boulder-Longmont CO (PMSA) Bradenton FL Brazoria, TX (PMSA) . . . . . . . . Bremerton, WA < Bridgeport-Stamford-Norwalk-Danbury CT (PMSA) Brbwnsville-Harlingen TX Bryan-College Station TX Buffalo, NY (PMSA) Burlington, NC Burlington, VT (NECMA) Canton, OH Casper, WY Cedar Rapids, IA Champaign-Urbana-Rantoul IL Charleston SC Charleston WV Charlotte-Gastonia-Rock Hill NC-SC Charlottesville, VA Chattanooga, TN-GA Cheyenne, WY Chicago, IL (PMSA) Chico, CA.. .. ... Cincinnati, OH-KY-IN (PMSA) Clarksville-Hopkinsville, TN-KY Cleveland, OH (PMSA) Colorado Springs, CO . . . Columbia, MO Columbia, SC Columbus, GA-AL Columbus, OH Corpus Christi, TX See footnotes at end of table. .... , 175 124 281 62 141 289 75 287 162 12 22 238 277 13 306 152 179 226 49 20 221 54 130 227 41 216 183 219 187 298 225 229 3 177 309 138 160 215 258 102 113 14 31 60 117 185 1 317 307 120 137 72 188 156 100 140 285 223 93 66 198 190 38 257 86 304 42 136 115 165 276 107 284 .6 .2 .3 1.5 .6 .4 .5 .5 0 .6 .6 1.0 1.3 1.2 .9 .7 .9 1.3 .8 .5 -.1 .4 0 .2 1.1 .4 .6 .4 .6 .2 .3 .8 .6 .6 1.1 .6 1.2 1.4 .4 1.1 .6 .7 .9 .2 .4 1.0 .3 0 .7 .4 .6 0 .8 1.0 .9 0 .5 1.4 .4 .5 .2 1.2 .6 .5 .5 .6 .2 28 SURVEY OF CURRENT BUSINESS October 1990 Table 1.—Total Personal Income, Per Capita Personal Income, Population, and Employment by Metropolitan Area, 1988,1995, and 2000—Continued 1988 1995 2000 1982 dollars Average growth rate (percent) Rank Employment Population Per capita personal income Total personal income Millions of 1982 dollars Average Thousands of persons United States 1988 1995 2000 19882000 1988 1995 2000 growth rate percent) Thousands of jobs 1988 1995 2000 19882000 19882000 2000 Average annual growth rate (percent) Cumberland MD-WV Dallas, TX (PMSA) Danville, VA Davenport-Rock Island-Moline, IA-IL . . .. Dayton-Springfield OH Daytona Beach FL Decatur AL 1,030 36,938 1,184 •4,449 12,265 4,042 1,383 1,137 43,176 1,335 5,025 13,805 4,932 1,570 1,211 47,551 1,437 5,416 14,884 5,582 1,695 1.4 2.1 1.6 1.7 1.6 2.7 1.7 10,065 14,923 10,958 12,215 12,937 11,603 10,422 10,900 16,405 11,979 13,343 14,228 12,610 11,596 11,524 17,476 12,703 14,129 15,147 13,355 12,380 297 35 242 157 114 201 259 102 2,475 108 364 948 348 133 104 2,632 111 377 970 391 135 105 2,721 113 383 983 418 137 0.2 .8 .4 .4 .3 1.5 .3 44 1,613 54 190 521 152 58 46 1,771 56 203 553 173 62 48 1,873 58 210 573 187 64 0.7 1.3 .6 .8 .8 1.7 .8 Decatur IL Denver, CO (PMSA) Des Moines, IA Detroit, MI (PMSA) . Dothan, AL Dubuque, IA Duluth MN-WI Eau Claire WI El Paso, TX Elkhart-Goshen, IN 1,541 23,916 5,399 64,863 1,372 986 2,569 1,504 4,710 1,910 1,707 28,361 6,299 72,412 1,584 1,143 2,784 1,731 5,429 2,262 1,826 31,658 6,901 77,671 1,729 1,245 2,934 1,882 5,936 2,475 1.4 2.4 2.1 1.5 1.9 2.0 1.1 1.9 1.9 2.2 12,465 14,583 13,780 14,903 10,471 10,844 10,645 10,868 8,038 12,636 13,501 15,771 15,072 16,248 11,546 11,992 11,518 11,963 8,767 13,978 14,267 16,661 15,972 17,189 12,332 12,769 12,184 12,699 9,296 14,813 151 55 68 40 264 237 266 244 315 126 124 1,640 392 4,352 131 91 241 138 586 151 126 1,798 418 4,457 137 95 242 145 619 162 128 1,900 432 4,519 140 98 241 148 638 167 .3 1.2 .8 .3 .6 .6 0 .6 .7 .8 65 1,033 264 2,168 69 52 114 73 247 117 69 1,147 292 2,304 75 57 120 79 267 131 72 1,224 309 2,393 78 59 123 83 279 139 .8 1.4 1.3 .8 1.0 1.0 .6 1.0 1.0 1.4 1,066 701 3,160 3,031 3,489 1,694 2,590 1,141 5,317 1,304 1,157 795 3,504 3,544 3,955 2,003 2,956 1,349 5,792 1,444 1,217 864 3,749 3,901 4,292 2,202 3,213 1,488 6,135 1,543 1.1 1.8 1.4 2.1 1.7 2.2 1.8 2.2 1.2 1.4 11,624 12,023 11,407 11,223 12,406 11,421 10,130 10,316 12,343 9,621 12,567 13,217 13,438 14,434 12,484 13,245 12,410 13,241 13,616 14,451 12,528 13,267 11,209 11,976 11,497 12,340 13,255 13,907 10,726 11,447 214 144 212 213 143 209 279 262 167 299 92 58 277 270 281 148 256 111 431 136 92 59 281 286 290 160 264 117 437 135 92 60 283 295 297 166 268 121 441 135 0 .2 .2 .7 .5 .9 .4 .7 .2 0 46 31 137 143 161 92 145 65 190 61 49 33 145 156 173 100 153 72 198 64 50 34 149 164 181 105 158 77 204 65 .7 .8 .7 1.1 1.0 1.2 .7 1.3 .6 .6 1,146 2,169 19,577 4,194 3,128 1,777 1,572 4,820 17,161 7,413 1,303 2,643 23,610 5,458 3,913 2,082 1,897 5,574 20,186 8,757 1,418 2,990 26,481 6,405 4,513 2,286 2,129 6,087 22,309 9,698 1.8 2.7 2.5 3.6 3.1 2.1 2.6 2.0 2.2 2.3 9,714 11,919 16,493 13,567 13,492 9,833 10,438 13,121 13,294 12,058 10,784 13,042 18,027 15,172 14,244 11,001 11,436 14,581 14,693 12,988 11,533 13,848 19,134 16,312 14,926 11,809 12,141 15,532 15,698 13,677 296 170 21 59 122 286 270 89 81 176 118 182 1,187 309 232 181 151 367 1,291 615 121 203 1,310 360 275 189 166 382 1,374 674 123 216 1,384 393 302 194 175 392 1,421 709 .3 1.4 1.3 2.0 2.2 .6 1.3 .5 .8 1.2 64 95 621 156 106 99 80 229 648 316 67 108 704 187 125 109 90 250 710 350 69 117 761 208 139 114 97 263 751 373 .6 1.8 1.7 2.4 2.3 1.2 1.6 1.1 1.2 1.4 988 2,190 2,626 7,082 1,287 724 8,930 917 1,454 2,423 1,106 2,610 2,943 7,957 1,442 840 10,452 1,034 1,718 2,784 1,189 2,923 3,171 8,582 1,547 915 11,482 1,120 1,915 3,034 1.6 2.4 1.6 1.6 1.6 2.0 2.1 1.7 2.3 1.9 9,604 10,549 12,508 11,568 11,077 10,282 13,424 11,724 10,680 12,669 10,557 11,210 11,477 12,165 13,923 14,919 12,821 13,655 12,040 12,705 11,078 11,625 14,791 15,738 13,113 14,083 11,782 12,590 13,932 14,854 303 269 123 178 241 292 80 159 247 125 103 208 210 612 116 70 665 78 136 191 105 227 211 621 120 76 707 79 146 200 106 240 213 629 122 79 730 80 152 204 .3 1.2 .1 .2 .4 .9 .8 .1 .9 .6 42 113 87 272 61 42 406 43 63 114 44 126 90 289 66 45 454 44 69 124 46 134 93 301 69 47 484 46 73 130 .6 1.5 .6 .8 1.0 1.0 1.5 .6 1.3 1.1 Greensboro- Winston-Salem-High Point, NC Greenville-Spartanburg SC , Hagerstown MD Hamilton- Middletown, OH (PMSA) Harrisburg-Lebanon-Carlisle PA Hartford-New Britain-Middletown-Bristol, CT (NECMA) Hickory NC Honolulu H I . . . . Houma-Thibodaux LA Houston TX (PMSA) 12,340 7,289 1,390 3,450 7,457 19,624 2,533 11,812 1,657 42,230 14,363 8,435 1,585 3,917 8,459 21,918 2,902 13,988 1,813 49,094 15,769 9,220 1,725 4,245 9,167 23,605 3,154 15,382 1,932 54,011 2.1 2.0 1.8 1.7 1.7 1.6 1.8 2.2 1.3 2.1 13,345 14,814 11,731 13,042 11,802 12,692 12,334 13,475 12,615 13,832 17,704 18,809 11,402 12,329 14,088 15,115 9,047 9,817 13,006 14,248 15,819 13,939 13,375 14,290 14,685 19,666 12,986 15,876 10,377 15,196 78 163 199 150 133 18 224 73 311 111 925 621 118 280 591 1,108 222 838 183 3,247 970 647 125 291 612 1,165 235 925 185 3,446 997 661 129 297 624 1,200 243 969 186 3,554 .6 .5 .8 .5 .5 .7 .7 1.2 .1 .8 593 385 63 113 356 753 149 510 70 1,745 638 414 69 121 383 807 159 566 73 1,900 667 433 72 126 401 844 165 597 75 2,003 1.0 1.0 1.2 .9 1.0 1.0 .9 1.3 .6 1.2 Huntington-Ashland, WV-KY-OH Huntsville, AL '. Indianapolis IN .. . ... Iowa City IA Jackson MI Jackson, MS Jackson TN 3,097 3,105 16,872 1,153 1,718 4,319 823 11,146 1,144 1,540 3,413 3,648 19,513 1,329 1,962 4,964 971 13,380 1,283 1,679 3,637 4,008 21,387 1,445 2,127 5,404 1,073 15,009 1,381 1,770 1.3 2.2 2.0 1.9 1.8 1.9 2.2 2.5 1.6 1.2 9,608 13,116 13,644 13,302 11,494 10,901 10,519 12,412 9,046 10,899 10,577 14,801 14,939 14,513 12,598 11,934 11,960 13,573 9,728 11,772 11,254 16,011 15,825 15,336 13,365 12,672 12,903 14,425 10,231 12,363 302 67 77 101 200 245 230 145 312 261 322 237 1,237 87 149 396 78 898 126 141 323 246 1,306 92 156 416 81 986 132 143 323 250 1,351 94 159 426 83 1,040 135 143 0 .5 .7 .7 .5 .6 .5 1.2 .5 .1 130 152 753 60 62 220 47 512 76 70 135 166 825 65 66 238 51 572 79 73 138 174 871 69 68 250 54 614 82 75 .5 1.1 1.2 1.2 .7 1.1 1.1 1.5 .6 .6 1,671 7,367 4,416 2,472 5,123 1,370 2,923 1,107 21,611 1,655 1,911 8,198 5,063 2,707 5,857 1,609 3,395 1,229 24,940 1,816 2,076 8,839 5,511 2,874 6,394 1,780 3,720 1,320 27,183 1,926 1.8 1.5 1.9 1.3 1.9 2.2 2.0 1.5 1.9 1.3 12,256 13,588 14,537 13,587 14,724 15,603 9,984 10,970 11,639 9,864 10,708 11,303 13,511 14,684 15,569 10,078 11,335 12,230 13,416 14,851 15,873 11,315 12,283 13,036 13,718 14,969 15,830 13,502 14,615 15,423 139 85 291 301 87 265 74 222 76 94 136 542 442 251 379 136 218 98 1,575 123 141 557 462 253 399 142 229 100 1,666 124 143 567 474 254 411 146 234 101 1,717 125 .4 .4 .6 .1 .7 .6 .6 .3 .7 .2 70 281 213 98 131 76 127 43 940 51 75 300 229 103 143 82 140 45 1,016 52 78 312 239 106 152 86 148 47 1,065 53 .9 .9 1.0 .6 1.2 1.1 1.3 .8 1.0 .4 2,413 6,847 1,255 1,175 2,253 1,427 1,725 9,552 4,268 5,527 2,763 8,065 1,400 1,387 2,497 1,640 1,889 11,192 5,042 6,308 3,011 8,891 1,507 1,534 2,678 1,785 2,016 12,392 5,627 6,861 1.9 2.2 1.5 2.2 1.5 1.9 1.3 2.2 2.3 1.8 10,070 11,232 12,079 11,420 12,603 13,389 12,680 13,882 14,677 12,299 13,702 14,704 10,747 11,691 12,370 11,385 12,711 13,590 10,009 11,174 11,968 19,284 20,908 22,106 10,785 11,778 12,529 13,346 14,520 15,355 274 196 134 131 260 184 280 6 248 99 240 600 99 96 210 125 172 495 396 414 246 640 101 101 214 129 169 535 428 434 249 664 103 104 217 131 168 561 449 447 .3 .9 .3 .7 .3 .4 LO 1.1 .6 130 329 54 64 110 74 72 269 189 231 138 364 56 70 116 79 74 302 210 250 143 385 58 74 120 83 76 324 225 262 .8 1.3 .6 1.3 .7 1.0 .4 1.6 1.5 1.0 5,404 772 1,038 8,609 797 1,094 1,204 4,395 1,839 2,563 6,203 915 1,248 11,173 952 1,226 1,374 5,119 2,053 3,116 6,765 1,014 1,399 12,920 1,051 1,323 1,496 5,630 2,202 3,441 1.9 2.3 2.5 3.4 2.3 1.6 1.8 2.1 1.5 2.5 12,615 13,869 14,767 5,986 6,626 7,087 7,864 8,557 9,053 13,638 14,631 15,430 10,426 11,846 12,762 9,173 10,213 10,945 11,656 12,691 13,452 12,631 13,894 14,799 11,734 12,829 13,610 12,111 13,943 14,938 128 318 316 92 239 305 194 127 181 121 428 129 132 631 76 119 103 348 157 212 447 138 146 764 80 120 108 368 160 223 458 143 155 837 82 121 111 380 162 230 .6 .9 1.3 2.4 .6 .1 .6 .7 .3 .7 231 45 53 366 41 61 53 224 86 135 251 50 59 445 45 64 56 244 91 147 264 54 64 494 47 65 58 257 94 154 1.1 1.4 1.6 2.5 1.2 .6 .7 1.1 .7 1.1 6,053 6,991 7,638 2.0 11,797 13,123 14,063 161 513 533 543 .5 295 318 332 1.0 . . . . . Elmira NY Enid, OK Erie, PA Eugene-Springfield, OR Evansville, IN-KY Fargo-Moorhead ND-MN Fayetteville NC Fayetteville-Springdale AR Flint MI Florence AL Florence S C . . . . . Fort Collins-Loveland CO Fort Lauderdale-Hollywood-Pompano Beach, FL (PMSA) Fort Myers-Cape Coral FL Fort Pierce FL Fort Smith AR-OK Fort Walton Beach FL Fort Wayne IN Fort Worth-Arlington TX (PMSA) Fresno CA Gadsden AL Gainesville FL Galveston-Texas City, TX (PMSA) Gary-Hammond, IN (PMSA) Glens Falls, NY Grand Forks, ND Grand Rapids MI Great Falls MT Greeley CO Green Bay WI Jacksonville NC Jamestown-Dunkirk, NY .... .... . . Janesville-Beloit, WI Jersey City NJ (PMSA) Johnson City-Kingsport-Bristol, TN-VA Johnstown, PA Joliet, IL (PMSA) Joplin, MO „., » , Kankakee, IL Kansas City MO-KS Kenosha, WI (PMSA) Killeen-Temple, TX Knoxville, TN Kokomo, IN La Crosse WI Lafayette, LA Lafayette, IN Lake Charles LA Lake County IL (PMSA) Lakeland-Winter Haven FL Lancaster, PA Lansing-East Lansing MI Laredo TX Las Cruces NM Las Vegas NV Lawrence KS Lawton OK Lewiston-Auburn ME (NECMA) Lexington-Fayette KY Lima OH Lincoln N E Little Rock-North Little Rock, AR See footnotes at end of table. , . . . . . ... 29 SURVEY OF CURRENT BUSINESS October 1990 Table 1.—Total Personal Income, Per Capita Personal Income, Population, and Employment by Metropolitan Area, 1988,1995, and 2000—Continued Average 1995 growth rate (percent) 1988 2000 Rank in the United States 1982 dollars 1988 1995 See footnotes at end of table. 1,796 3,148 129,613 12,180 2,447 1,603 3,286 5,075 5,602 1,514 2,275 1,552 4,813 12,158 1,745 24,580 19,754 1,460 20,076 37,147 4,772 3,811 17,239 1,409 3,395 1,333 1,714 2,403 12,690 50,727 6,815 12,922 3,763 14,732 140,350 34,789 2,612 16,686 33,996 1,834 1,268 11,312 1,851 7,925 4,274 12,891 953 9,957 1,289 1,637 1,121 3,585 4,356 73,129 27,410 838 27,728 2,009 3,544 16,066 5,180 4,064 12,157 1,948 1,245 2,299 9,701 868 4,705 1,621 3,786 1,716 12,625 28,639 2,966 1,484 14,386 3,752 18,970 5,015 1,912 966 35,278 2,973 4,772 11,198 1,114 14,280 33,463 33,601 26,664 5,484 3,457 1,464 5,758 4,626 2,874 8,542 2,038 3,479 152,258 13,791 2,791 1,823 3,760 5,859 6,563 1,683 2,727 1,845 5,929 14,271 2,049 28,282 22,536 1,663 22,752 43,302 5,485 4,623 19,889 1,590 3,881 1,490 1,933 3,257 15,436 57,819 7,585 14,279 4,167 16,309 155,852 39,036 2,817 19,446 40,626 2,302 1,419 13,087 2,224 9,466 4,888 16,048 1,090 12,143 1,554 1,802 1,217 4,134 4,862 83,021 34,258 938 30,793 2,205 4,111 18,914 6,037 4,585 13,890 2,418 1,467 2,567 11,649 1,035 5,296 1,997 4,712 2,012 14,842 35,372 3,392 1,743 15,959 . 4,242 23,245 5,585 2,242 1,089 40,006 3,509 5,634 13,446 1,273 16,823 41,096 38,764 31,759 6,422 4,205 1,768 7,015 5,912 3,378 9,590 2,208 3,709 167,828 14,922 3,036 1,971 4,099 6,389 7,210 1,800 3,039 2,049 6,737 15,701 2,260 30,847 24,661 1,814 24,575 47,516 5,970 5,180 21,869 1,722 4,209 1,603 2,086 3,879 17,328 62,522 8,162 15,272 4,470 17,474 166,016 42,239 2,950 21,369 45,338 2,651 1,529 14,387 2,488 10,364 5,298 18,322 1,187 13,704 1,748 1,917 1,305 4,552 5,217 90,137 39,186 1,006 32,969 2,355 4,515 20,890 6,662 4,928 15,109 2,782 1,632 2,751 12,998 1,139 5,715 2,257 5,319 2,209 16,386 40,326 3,683 1,914 16,990 4,587 26,283 5,990 2,467 1,177 43,378 3,884 6,261 15,190 1,382 18,614 46,451 42,319 35,273 7,074 4,728 1,987 7,908 6,837 3,732 10,334 1.7 1.4 2.2 1.7 1.8 1.7 1.9 1.9 2.1 1.5 2.4 2.3 2.8 2.2 2.2 1.9 1.9 1.8 1.7 2.1 1.9 2.6 2.0 1.7 1.8 1.5 1.7 4.1 2.6 1.8 1.5 1.4 1.4 1.4 1.4 1.6 1.0 2.1 2,4 3.1 1.6 2.0 2.5 2.3 1.8 3.0 1.8 2.7 2.6 1.3 1.3 2.0 1.5 1.8 3.0 1.5 1.5 1.3 2.0 2.2 2.1 1.6 1.8 3.0 2.3 1.5 2.5 2.3 1.6 2.8 2.9 2.1 2.2 2.9 1.8 2.1 1.4 1.7 2.8 1.5 2.1 1.7 1.7 2.3 2.3 2.6 1.8 2.2 2.8 1.9 2.4 2.1 2.6 2.6 2.7 3.3 2.2 1.6 Thousands of persons 1988 2000 1995 2000 10,780 11,640 15,093 12,596 10,789 11,016 11,459 14,385 16,866 11,734 5,865 10,642 12,396 12,415 10,267 13,554 20,192 13,612 14,361 15,559 9,826 11,175 17,782 9,786 11,288 11,099 10,623 17,345 13,058 19,222 14,109 16,266 15,194 11,272 16,383 18,444 12,040 12,089 16,945 9,660 10,171 11,737 11,815 12,749 14,561 13,273 10,863 15,383 10,271 10,601 8,749 10,243 12,797 14,862 13,506 9,229 13,240 14,484 15,052 13,524 15,490 15,499 13,388 8,026 9,755 13,233 14,194 10,583 14,296 11,597 15,791 11,726 14,953 12,574 13,387 14,698 14,677 13,296 13,695 12,346 10,550 11,309 14,302 11,020 13,683 10,514 11,220 10,792 14,117 21,132 18,620 15,981 15,247 13,014 15,730 17,751 11,761 11.596 11,911 12,734 16,192 13,871 11,943 11,939 12,455 15,576 18,031 12,826 6,483 11,729 13,516 13,604 11,004 14,678 21,566 15,039 15,672 16,819 10,890 12,166 18,962 11,087 12,402 12,312 11,509 18,830 14,797 20,986 14,978 17,059 16,180 12,509 17,874 19,774 12,917 13,038 18,488 10,374 11,244 13,187 12,685 14,370 15,977 14,521 12,058 16,555 11,197 11,661 9,589 11,052 13,867 16,222 14,714 10,137 14,464 15,427 16,355 14,742 16,622 16,981 14,592 9,025 10,850 14,384 15,817 11,718 15,585 12,579 16,759 12,956 16,156 13,561 14,558 16,062 15,946 14,449 14,769 13,385 11,686 12,649 15,687 12,105 14,652 11,616 12,396 11,982 15,228 23,091 20,451 17,285 16,614 14,297 17,039 20,104 13,008 12.679 12,732 13,514 17,016 14,766 12,779 12,591 13,196 16,427 18,918 13,603 6,928 12,511 14,330 14,409 11,539 15,517 22,667 16,093 16,614 17,759 11,624 12,852 19,884 11,985 13,206 13,116 12,139 19,980 15,957 22,200 15,632 17,702 16,947 13,383 18,885 20,797 13,478 13,720 19,628 10,895 12,035 14,209 13,332 15,247 16,940 15,422 12,919 17,437 11,890 12,392 10,223 11,656 14,644 17,193 15,641 10,807 15,325 16,148 17,326 15,619 17,478 17,951 15,399 9,769 11,683 15,228 16,946 12,444 16,494 13,310 17,569 13,800 17,027 14,292 15,394 17,025 16,806 15,285 15,559 14,128 12,491 13,610 16,686 12,884 15,413 12,451 13,251 12,861 16,061 24,564 21,774 18,257 17,637 15,201 18,033 21,697 13,909 13.435 240 191 45 129 236 246 218 58 23 182 319 252 148 146 295 90 4 63 56 29 293 234 17 278 217 220 271 15 69 5 83 30 46 197 24 11 192 173 19 308 275 153 202 106 48 95 228 36 282 256 313 290 135 39 82 310 103 61 37 84 34 28 97 314 288 108 47 255 57 204 33 171 43 149 98 44 51 105 88 158 253 180 53 232 96 254 211 233 64 2 8 26 32 110 27 9 166 195 Employment Average growth rate (percent) Thousands of jobs 1988 1995 2000 167 270 8,588 967 227 145 287 353 332 129 388 146 388 979 170 1,814 978 107 1,398 2,388 486 341 969 144 301 120 161 139 972 2,639 483 794 248 1,307 8,567 1,886 217 1,380 2,006 190 125 964 157 622 294 971 88 647 125 154 128 350 340 4,920 2,030 91 2,094 139 235 1,188 334 262 908 243 128 174 683 82 329 140 240 146 844 2,278 222 101 980 282 1,385 406 181 85 2,467 270 349 1,065 99 1,323 2,370 1,590 1,432 343 227 112 366 261 244 737 171 273 9,403 994 234 153 302 376 364 131 421 157 439 1,049 186 1,927 1,045 111 1,452 2,575 504 380 1,049 143 313 121 168 173 1,043 2,755 506 837 258 1,304 8,719 1,974 218 1,492 2,197 222 126 992 175 659 306 1,105 90 733 139 155 127 374 351 5,118 2,328 93 2,129 143 251 1,283 363 270 952 268 135 178 736 88 340 159 281 155 919 2,608 233 109 1,001 294 1,574 417 192 86 2,550 290 385 1,158 103 1,404 2,699 1,679 1,553 372 253 124 412 294 260 756 173 274 9,863 1,011 238 157 311 389 381 132 439 164 470 1,090 196 1,988 1,088 113 1,479 2,676 514 403 1,100 144 319 122 172 194 1,086 2,816 522 863 264 1,306 8,791 2,031 219 1,558 2,310 243 127 1,013 187 680 313 1,188 92 786 147 155 128 391 356 5,243 2,505 93 2,151 146 261 1,337 381 275 981 285 140 181 767 92 346 170 303 160 962 2,822 239 112 1,011 300 1,689 424 197 86 2,600 301 406 1,220 104 1,447 2,892 i,723 1,620 387 268 131 439 315 268 769 0.3 .1 1.2 .4 .4 .6 .7 .8 1.2 .2 1.0 1.0 1.6 .9 1.2 .8 .9 .4 .5 1.0 .5 1.4 1.1 0 .5 .1 .5 2.9 .9 .5 .7 .7 .5 0 .2 .6 .1 1.0 1.2 2.1 .2 .4 1.5 .7 .5 1.7 .4 1.6 1.3 0 0 .9 .4 .5 1.8 .2 .2 .4 .8 1.0 1.1 .4 .6 1.3 .8 .3 1.0 .9 .4 1.6 2.0 .7 1.1 1.8 .6 .9 .3 .5 1.7 .4 .7 .1 .4 .9 1.3 1.1 .4 .8 1.7 .7 1.0 1.0 1.4 1.3 1.5 1.6 .8 .4 Average annual growth rate (percent) 19882000 19882000 2000 19882000 Longview-Marshall TX Lorain-Elyria, O H (PMSA) . . . Los Angeles-Long Beach CA (PMSA) Louisville, KY-IN Lubbock, TX Lynchburg, VA Macon- Warner Robins, GA Madison WI Manchester-Nashua NH (NECMA) Mansfield, OH McAllen-Edinburg-Mission TX Medford, OR , Melbourne-Titusville-Palm Bay, FL Memphis TN-AR-MS Merced CA Miami-Hialeah FL (PMSA) Middlesex-Somerset-Hunterdon, NJ (PMSA) Midland, TX Milwaukee WI (PMSA) Minneapolis-St Paul, MN-WI Mobile AL Modesto, CA , Monmouth-Ocean, NJ (PMSA) Monroe, LA Montgomery AL Muncie IN Muskegon, MI Naples FL Nashville TN Nassau-Suffolk NY (PMSA) New Bedford-Fall River-Attleboro, MA (NECMA) New Haven-Waterbury-Meriden, CT (NECMA) New London-Norwich, CT (NECMA) New Orleans, LA ... New York NY (PMSA) Newark NJ (PMSA) Niagara Falls NY (PMSA) Norfolk- Virginia Beach-Newport News, VA Oakland CA (PMSA) Ocala, FL Odessa, TX Oklahoma City, OK Olympia WA Omaha NE-IA Orange County NY (PMSA) Orlando FL Owensboro KY Oxnard- Ventura CA (PMSA) Panama City FL Parkersburg-Marietta WV-OH Pascagoula MS Pensacola FL Peoria IL Philadelphia PA-NJ (PMSA) . . . Phoenix, AZ Pine Bluff, AR Pittsburgh PA (PMSA) Pittsfield, MA (NECMA) Portland ME (NECMA) Portland, OR (PMSA) Portsmouth-Dover-Rochester, NH (NECMA) Poughkeepsie, NY Providence-Pawtucket-Woonsocket, RI (NECMA) .. . Provo-Orem, UT Pueblo, CO Racine WI (PMSA) Raleigh-Durham NC .. Rapid City, SD Reading, PA Redding CA Reno, NV Richland-Kennewick-Pasco, WA Richmond-Petersburg, VA Riverside-San Bernardino CA (PMSA) Roanoke, VA Rochester, MN Rochester NY Rockford IL Sacramento CA Saginaw-Bay City-Midland MI St Cloud MN St Joseph MO St Louis MO-IL Salem OR . Salinas-Seaside-Monterey CA Salt Lake City-Ogden, UT San Angelo TX San Antonio, TX San Diego, CA , San Francisco, CA (PMSA) San Jose, CA (PMSA) Santa Barbara-Santa Maria-Lompoc, CA Santa Cruz, CA (PMSA) Santa Fe, NM Santa Rosa-Petaluma, CA (PMSA) Sarasota, FL Savannah, GA Scranton-Wilkes-Barre, PA Population Per capita personal income Total personal income Millions of 1982 dollars 87 107 5,048 546 122 86 152 246 220 71 127 70 188 562 74 1,071 612 63 852 1,564 215 151 425 67 162 61 68 80 604 1,434 248 450 146 632 4,813 1,121 97 807 1,084 79 57 538 75 386 135 620 44 300 65 74 52 162 172 2,608 1,166 41 1,043 79 178 730 186 142 505 104 51 85 475 51 182 65 161 75 555 856 147 73 562 159 744 184 96 46 1,403 134 194 556 52 646 1,309 1,202 987 206 115 67 183 148 134 362 92 112 5,584 585 130 91 163 272 240 74 141 77 215 618 82 1,162 674 67 915 1,726 231 171 474 70 172 64 72 102 678 1,572 264 481 154 654 5,002 1,195 101 878 1,229 92 59 581 84 420 145 721 47 349 74 77 53 175 183 2,796 1,367 44 1,100 84 194 804 203 151 544 119 55 91 530 56 192 75 189 81 607 985 158 81 597 172 864 196 107 49 1,500 147 219 627 56 702 1,518 1,326 1,113 230 133 76 216 173 147 386 95 115 5,915 610 136 94 170 287 254 76 150 81 233 652 88 1,220 715 70 953 1,824 241 183 505 73 179 67 75 117 723 1,657 275 501 160 671 5,112 1,240 104 923 1,323 100 61 609 91 442 152 789 49 382 80 79 54 185 190 2,921 1,502 45 1,138 88 204 850 216 157 569 131 58 94 564 59 198 82 206 85 641 1,072 165 85 618 180 943 204 113 50 1,565 155 236 678 58 738 1,650 1,406 1,192 245 145 82 236 190 155 403 0.8 .6 1.3 .9 .9 .7 .9 1.3 1.2 .6 1.4 1.3 1.8 1.3 1.4 1.1 1.3 .9 .9 1.3 1.0 1.6 1.5 .6 .8 .8 .8 3.2 1.5 1.2 .9 .9 .8 .5 ,5 .8 .6 1.1 1.7 2.0 .7 1.0 1.6 1.1 1.0 2.0 .8 2.0 1.7 .6 .3 1.1 .8 .9 2.1 .8 .7 .9 1.1 1.3 1.3 .8 1.0 1.9 1.1 .8 1.4 1.2 .7 2.0 2.0 1.1 1.2 1.9 1.0 1.2 .8 1.0 2.0 .9 1.4 .6 .9 1.2 1.6 1.7 .9 1.1 1.9 1.3 1.6 1.5 2.0 1.7 2.1 2.1 1.3 9 30 SURVEY OF CURRENT BUSINESS October 1990 Table 1.—Total Personal Income, Per Capita Personal Income, Population, and Employment by Metropolitan Area, 1988,1995, and 2000—Continued 1988 1995 2000 Rank 1982 dollars Average growth rate (percent) . , , , 29,462 1,292 1,337 1,129 3,795 1,333 1,541 3,089 4,115 2,627 2,710 8,222 1,296 1,540 5,192 8,351 6,584 2,496 26,296 1,376 1,243 7,964 2,227 5,926 7,337 8,810 1,516 1,857 3,606 5,632 2,615 874 1,639 3,086 2,026 69,509 1,683 1,283 15,004 1,762 6,390 1,494 1,345 8,610 1,371 10,336 1,947 5,647 5,742 1,204 35,355 1,410 1,512 1,296 4,233 1,566 1,882 3,532 4,812 2,990 3,262 9,124 1,487 1,679 6,109 9,306 7,739 3,000 31,871 1,512 1,407 8,895 2,548 6,725 8,895 10,164 1,717 2,167 3,928 6,869 3,163 999 1,805 3,581 2,313 81,875 1,939 1,469 19,185 1,929 7,447 1,683 1,522 9,938 1,625 11,510 2,257 6,440 6,307 1,414 39,483 1,494 1,631 1,412 4,550 1,718 2,096 3,845 5,288 3,251 3,657 9,791 1,624 1,773 6,765 9,934 8,536 3,377 35,957 1,613 1,521 9,550 2,746 7,330 10,027 11,143 1,859 2,387 4,137 7,742 3,549 1,088 1,938 3,934 2,517 90,746 2,105 1,594 22,267 2,044 8,101 1,815 1,647 10,884 1,801 12,384 2,456 7,003 6,703 1,555 2.5 1.2 1.7 1.9 1.5 2.1 2.6 1.8 2.1 1.8 2.5 1.5 1.9 1.2 2.2 1.5 2.2 2.6 2.6 1.3 1.7 1.5 1.8 1.8 2.6 2.0 1.7 2.1 1.2 2.7 2.6 1.8 1.4 2.0 1.8 2.2 1.9 1.8 3.3 1.2 2.0 1.6 1.7 2.0 2.3 1.5 2.0 1.8 1.3 2.2 1995 1988 2000 1988 1995 2000 2000 15,825 10,555 12,984 11,524 10,567 11,519 12,277 12,646 11,544 13,702 11,567 13,882 11,201 10,424 11,394 12,841 11,776 10,917 13,180 10,376 10,407 12,918 13,513 17,904 11,536 12,108 10,428 12,171 11,536 13,386 11,559 11,770 11,835 10,359 10,772 18,614 11,390 11,316 18,333 10,275 13,226 11,992 11,368 15,013 11,683 15,303 10,493 13,761 11,444 10,163 1. The U.S. total includes metropolitan and nonmetropolitan counties. The U.S. population estimate for 1988 differs slightly from the estimate shown in the article on regional and State projections in the May 1990 SURVEY OF CURRENT BUSINESS. The U.S. total for metropolitan statistical areas and nonmetropolitan counties results from summing Census Bureau county-level population estimates, which were used in making the population projections for substate areas. The U.S. total for States is from revised State-level population estimates made by the Census Bureau after the county-level estimates were made. The Census Bureau has not revised the county-level population estimates to agree with the State-level estimates. Thousands of persons United States 19882000 Seattle, WA (PMSA) Sharon, PA Sheboygan, WI Sherman-Denison, TX Shreveport LA Sioux City IA-NE Sioux Falls SD . South Bend-Mishawaka IN Spokane WA Springfield IL Springfield MO Springfield, MA (NECMA) State College, PA Steubenville-Weirton, OH-WV Stockton, CA Syracuse NY . .. . Tacoma, WA (PMSA) Tallahassee, FL Tampa-St. Petersburg-Clearwater, FL Terre Haute, IN Texarkana, TX-Texarkana, AR Toledo, OH Topeka, KS Trenton, NJ (PMSA) Tucson, AZ Tulsa, OK Tuscaloosa, AL Tyler TX Utica-Rome NY Vallejo-Fairfield-Napa, CA (PMSA) . Vancouver, WA (PMSA) Victoria, TX Vineland-Millville-Bridgeton, NJ (PMSA) Visalia-Tulare-Porterville, CA Waco, TX Washington, DC-MD-VA Waterloo-Cedar Falls, IA ....; Wausau, WI West Palm Beach-Boca Raton-Delray Beach, FL Wheeling, WV-OH Wichita, KS Wichita Falls, TX Williamsport PA Wilmington, DE-NJ-MD (PMSA) Wilmington NC Worcester-Fitchburg-Leominster, MA (NECMA) Yakima, WA York PA Youngstown- Warren OH Yuba City CA Population Per capita personal income Total personal income Millions of 1982 dollars 17,243 11,599 14,294 12,894 11,707 12,957 13,915 14,071 12,694 14,971 12,870 14,791 12,418 11,431 12,126 13,947 12,745 11,817 14,337 11,278 11,438 14,132 15,017 19,022 12,542 13,501 11,669 13,457 12,579 14,480 12,565 13,241 12,392 10,929 11,965 20,030 12,754 12,467 20,345 11,357 14,809 13,281 12,655 15,919 12,975 16,177 11,526 15,091 12,512 10,957 18,281 12,333 15,224 13,872 12,517 13,916 14,976 15,022 13,522 15,904 13,796 15,473 13,266 12,127 12,703 14,697 13,464 12,512 15,188 11,880 12,177 15,005 15,944 19,919 13,318 14,469 12,525 14,375 13,269 15,308 13,307 14,202 12,895 11,403 12,824 21,063 13,681 13,274 21,798 12,100 15,814 14,200 13,554 16,694 13,880 16,834 12,184 16,031 13,273 11,553 25 263 109 169 250 164 119 116 189 71 172 91 210 272 243 132 193 251 112 283 268 118 70 16 203 142 249 147 208 104 205 154 231 300 235 10 174 206 7 273 79 155 186 52 168 50 267 65 207 294 Employment Average growth rate (percent) Thousands of jobs 1988 1995 2000 19882000 1988. 2000 1,862 122 103 98 359 116 126 244 356 192 234 592 116 148 456 650 559 229 1,995 133 119 616 165 331 636 728 145 153 313 421 226 74 138 298 188 3,734 148 113 818 172 483 125 118 573 117 675 186 410 502 118 2,050 122 106 100 362 121 135 251 379 200 253 617 120 147 504 667 607 254 2,223 134 123 629 170 354 709 753 147 161 312 474 252 75 146 328 193 4,088 152 118 943 170 503 127 120 624 125 712 196 427 504 129 2,160 121 107 102 364 123 140 256 391 204 265 633 122 146 533 676 634 270 2,367 136 125 636 172 368 753 770 148 166 312 506 267 77 150 345 196 4,308 154 120 1,022 169 512 128 121 652 130 736 202 437 505 135 1.2 .3 .3 .1 .5 .9 .4 .8 .5 1.0 .6 .5 -.1 1.3 .3 1.1 1.4 1.4 .2 .4 .3 .4 .9 1.4 .5 .2 .7 0 1.5 1.4 .3 .7 1.2 .4 1.2 .3 .5 1.9 -.1 .5 .2 .2 1.1 .8 .7 .7 .5 U Average annual growth rate (percent) 1,208 52 58 47 173 69 83 136 185 122 148 323 66 61 202 359 256 135 1,051 65 57 337 108 216 314 387 70 83 153 177 94 36 67 137 95 2,668 80 62 462 72 291 74 61 333 71 367 93 215 230 48 1,362 53 61 50 180 75 93 147 202 134 164 346 72 62 225 383 282 152 1,196 68 61 358 114 235 359 421 73 90 160 204 107 38 71 153 101 2,986 86 67 545 73 311 78 65 366 78 395 100 228 241 53 1,460 54 63 52 185 78 99 155 211 142 175 361 76 63 240 399 297 163 1,297 70 63 372 118 248 389 442 76 95 163 220 115 39 74 163 105 3,193 89 70 602 74 323 81 67 387 82 413 104 238 248 55 1.6 .4 .7 .8 .5 1.1 1.4 1.1 1.1 1.2 1.4 1.0 1.1 .3 1.5 .9 1.3 1.6 1.8 .5 .8 .8 .8 1.1 1.8 1.1 .7 '.5 1.8 1.7 .8 .8 1.5 .9 1.5 .9 .9 2.2 .3 .9 .7 .8 1.3 1.2 1.0 .9 .8 .6 1.1 2. Only the name of the largest metropolitan area in each consolidated metropolitan statistical area (CMSA) is shown. 3. Includes metropolitan statistical areas, primary metropolitan statistical areas (PMSA's), and New England county metropolitan areas (NECMA's). The Bridgeport-Stamford-Norwalk-Danbury, CT, NECMA is presented as a PMSA (part of the New York-Northern New Jersey-Long Island, NY-NJ-CT, CMSA). PMSA Primary metropolitan statistical area NECMA New England county metropolitan area 31 SURVEY OF CURRENT BUSINESS October 1990 Summary Fixed Reproducible Tangible Wealth Series, 1925-89 Summary estimates of fixed reproducible tangible wealth in the United States are shown in tables 1-4 for the entire period for which these series are available. More detailed estimates—including estimates by industry, by type of asset, and by legal form of organization for fixed private capital— and a detailed statement of methodology underlying the estimates are in Fixed Reproducible Tangible Wealth in the United States, 1925-85 (for order information, see inside back cover of this issue). Estimates of fixed private capital by industry also appeared in the following issues of the SURVEY OF CURRENT BUSINESS: For 1947-82, January 1986; for 1982-89, September 1990. Table 1.—-Current-Cost Gross Stock of Fixed Reproducible Tangible Wealth, 1925-89 Table 2.—Current-Cost Net Stock of Fixed Reproducible Tangible Wealth, 1925-89 [Billions of dollars] [Billions of dollars] Fixed private capital Yearend Government-owned fixed capital Nonresidential Total Total Total ResiEquip- Struc- dential ment tures Total Federal State and local Fixed private capital Durable goods owned by consumers Total Yearend Government-owned fixed capital Nonresidential Total Total ResiEquip- Struc- dential ment tures Total Federal State and local Durable goods owned by consumers 1925 1926 1927 1928 1929 419.3 434.0 445.4 460.2 466.2 310.8 321.3 328.6 339.5 343.6 181.2 186.6 190.5 193.1 192.9 54.5 57.0 58.5 59.5 60.1 126.7 129.6 132.0 133.7 132.8 129.6 134.7 138.1 146.3 150.7 48.0 49.4 50.7 52.0 52.4 11.5 11.5 11.3 11.2 11.0 36.5 37.9 39.4 40.8 41.5 60.5 63 3 66 1 68 8 70.2 1925 1926 1927 1928 1929 250.0 259.6 266.4 275.3 278.8 182.4 189.2 193.7 200.4 202.8 99.4 102.4 104.3 105.5 105.5 29.4 30.8 31.4 31.8 32.3 70.0 71.6 72.9 73.7 73.2 83.0 86.8 89.4 94.8 97.3 34.9 35.6 36.3 37.0 37.1 8.1 7.9 7.5 7.3 6.9 26.7 27.7 28.8 29.7 30.2 32.7 34.8 36.4 37.9 38.8 1930 1931 1932 1933 1934 445.0 398.5 367.9 381.5 396.4 326.7 291.4 266.2 272.5 281.1 182.9 166.2 154.7 155.7 158.7 58.1 54.5 51.4 50.8 51.3 124.9 111.6 103.4 104.9 107.3 143.8 125.2 111.5 116.9 122.5 51.0 46.3 46.3 54.0 59.8 10.4 9.4 9.3 10.7 12.2 40.6 36.9 37.0 43.4 47.6 67.2 60.9 554 549 55 5 1930 1931 1932 1933 1934 263.9 232.3 209.8 214.3 219.9 191.2 167.5 149.2 149.6 151.7 99.3 88.3 79.6 77.7 77.5 30.8 27.9 24.9 23.5 23.1 68.5 60.4 54.7 54.2 54.3 91.9 79.2 69.5 71.8 74.2 36.0 32.6 32.5 37.8 41.5 6.5 5.8 5.7 6.6 7.7 29.6 26.8 26.8 31.2 33.9 36.6 32.2 28.1 27.0 26.7 1935 1936 1937 1938 1939 404.3 434.2 459.6 464.3 474.5 285.3 305.4 325.7 328.3 334.3 161.0 170.4 179.7 178.3 179.6 51.0 52.7 55.7 55.7 56.1 110.0 117.7 124.0 122.6 123.4 124.3 135.0 146.0 150.0 154.7 64.0 71.9 75.0 77.5 80.8 13.6 16.4 17.0 17.9 19.2 50.4 55.4 57.9 59.5 61.5 55.1 56 9 589 58 6 59.4 1935 1936 1937 1938 1939 222.4 239.3 253.1 254.6 260.1 151.9 161.9 172.5 172.7 175.1 77.4 81.7 86.5 85.0 85.1 22.8 24.0 26.3 26.3 26.7 54.7 57.7 60.3 58.8 58.4 74.5 80.2 86.0 87.7 90.0 44.1 49.6 51.2 52.7 54.9 8.7 10.7 11.0 11.5 12.4 35.4 38.8 40.2 41.2 42.5 26.4 27.7 29.4 29.2 30.1 1940 1941 1942 1943 1944 508.1 574.1 653.1 733.6 802.4 355.5 387.9 414.8 435.9 457.3 188.3 204.8 217.7 222.7 227.1 59.2 64.5 66.9 67.5 68.6 129.1 140.3 150.8 155.2 158.5 167.2 183.1 197.1 213.2 230.2 88.6 111.0 152.5 201.8 244.2 22.1 32.7 63.4 110.7 154.8 66.5 78.2 89.1 91.0 89.4 64.1 75.2 85.8 96.0 1009 1940 1941 1942 1943 1944 279.7 318.1 365.7 410.3 442.2 186.4 204.1 215.6 223.6 232.6 89.4 98.1 102.8 103.2 104.5 28.9 32.7 33.4 33.0 33.7 60.5 65.4 69.4 70.2 70.7 97.0 106.0 112.9 120.4 128.1 60.0 76.2 108.4 141.8 163.6 14.3 22.8 48.3 81.6 105.8 45.8 53.4 60.1 60.2 57.8 33.2 37.9 41,7 44.9 46.1 1945 1946 . 1947 1948 1949 883.0 1,006.5 1,143.2 1,214.5 1,243.0 495.2 588.1 693.3 755.9 789.9 247.5 297.5 351.9 384.3 400.2 75.3 89.9 107.8 125.6 138.9 172.2 207.6 244.1 258.8 261.3 247.7 290.6 341.4 371.6 389.7 285.1 304.7 314.7 304.5 284.0 191.1 195.8 186.1 166.0 145.5 93.9 108.9 128.6 138.5 138.5 102.8 113.7 135.2 154 0 169 1 1945 1946 1947 1948 1949 478.5 536.6 608.1 655.0 679.9 250.5 301.1 361.8 402.9 427.0 114.5 140.7 171.2 192.3 203.8 38.4 47.7 60.6 73.4 82.2 76.1 136.0 93.0 160.3 110.6 190.5 118.9 : 210.7 121.5 223.3 181.8 182.3 181.2 175.9 166.4 122.4 114.5 101.7 90.6 81.3 59.5 67.8 79.4 85.2 85.1 46.2 53.2 65.1 76.3 86.6 1950 1951 1952 1953 1954 1,356.4 1,492.5 1,577.4 1,639.1 1,706.0 865.9 943.7 990.8 1,028.2 1,072.2 438.7 480.8 506.2 526.6 546.2 158.2 178.4 192.8 207.9 221.3 280.5 302.4 313.4 318.7 324.9 427.1 462.9 484.6 501.6 526.0 290.1 322.1 342.2 353.3 366.2 138.9 151.5 163.0 174.4 179.1 151.3 170.7 179.2 178.9 187.1 200.4 2266 244 3 257.5 267.6 1950 1951 1952 1953 1954 758.2 841.4 897.2 941.6 986.3 476.1 524.8 555.2 581.5 610.9 226.9 251.8 267.1 280.9 293.1 94.6 106.8 114.5 122.9 129.2 132.3 145.1 152.6 158.0 163.9 249.2 273.0 288.2 300.6 317.9 173.8 192.1 208.0 217.2 228.3 80.8 86.8 97.3 106.5 111.9 93.1 105.3 110.7 110.7 116.5 108.2 124.4 134.0 143.0 147.1 1955 1956 1957 1958 1959 1,834.0 1,989.4 2,082.1 2,157.5 2,240.3 1,151.5 1,237.8 1,296.6 1,338.7 1,391.0 591.2 650.3 689.7 710.9 738.0 243.2 272.9 297.3 311.8 328.8 347.9 377.4 392.4 399.1 409.1 560.3 587.5 606.9 627.7 653.0 399.0 438.5 460.6 473.8 486.3 193.7 209.5 217.3 220.5 225.4 205.3 229.0 243.3 253.3 260.9 283 5 313 1 324.9 345 1 363.1 1955 1956 1957 1958 1959 1,067.6 1,161.6 1,216.1 1,256.6 1,305.0 662.4 717.6 756.1 783.6 818.7 320.0 355.9 380.7 392.7 409.0 141.4 158.2 171.8 177.7 186.2 178.6 197.7 208.9 214.9 222.8 342.4 361.7 375.5 390.9 409.7 247.9 272.2 283.8 291.0 297.3 119.3 128.1 129.9 130.1 130.9 128.6 144.1 153.8 160.9 166.4 157.3 171.9 176.2 182.0 189.0 I960 1961 1962 1963 1964 2,309.3 2,384.5 2,478.0 2,570.3 2,699.8 1,431.8 1,473.8 1,525.4 1,570.4 1,654.8 755.7 775.4 802.3 832.0 872.3 341.7 350.9 365.1 381.5 402.6 414.0 424.5 437.2 450.5 469.7 676.0 698.4 723.1 738.4 782.5 502.1 523.3 552.5 580.9 610.2 230.6 237.2 246.1 255.0 265.6 271.5 286.0 306.4 326.0 344.6 3755 387 4 400 2 419.0 434 g 1960 1961 1962 1963 1964 1,346.5 1,392.2 1,451.5 1,512.2 1,598.1 846.3 873.8 908.7 940.1 997.0 420.4 432.3 449.6 468.6 494.9 192.4 196.0 203.4 212.4 225.2 228.0 236.3 246.1 256.2 269.8 426.0 441.6 459.1 471.5 502.0 306.5 321.6 340.5 359.3 377.4 132.8 137.8 142.9 148.0 152.7 173.7 183.8 197.7 211.4 224.7 193.7 196.8 202.3 212.8 223.7 1965 1966 1967 1968 1969 2,849.7 1,749.4 932.3 3,080.8 1,894.9 1,014.4 3,295.5 2,018.4 1,093.0 3,632.2 2,236.8 1,202.5 3,981.0 2,453.0 1,320.9 431.1 474.2 519.5 570.0 619.0 501.2 817.1 540.2 880.5 573.5 925.4 632.5 1,034.3 701.9 1,132.1 651.2 705.1 756.6 824.2 906.4 277.9 293.3 308.3 326.1 346.7 373.3 411.8 448.3 498.1 559.7 449.0 4809 520.5 571.2 621 6 1965 1966 1967 1968 1969 1,701.0 1,854.8 1,990.4 2,204.8 2,425.8 1,061.9 1,158.4 1,237.1 1,377.1 1,516.7 535.7 591.0 640.7 709.2 784.8 243.8 272.0 299.6 330.1 360.5 291.9 319.0 341.1 379.2 424.3 526.2 567.5 596.4 667.8 731.9 403.1 437.9 470.1 513.6 565.4 158.2 166.1 172.2 180.5 189.8 244.8 271.8 297.9 333.0 375.5 236.1 258.5 283.2 314.2 343.7 \970 1971 1972 1973 1974 4,334.9 4,746.9 5,182.6 5,829.1 6,969.6 2,648.8 2,925.9 3,215.7 3,633.9 4,317.1 1,453.4 679.3 774.1 1,195.5 1,598.9 733.2 865.7 1,327.0 1,737.7 789.8 948.0 1,478.0 1,940.3 875.1 1,065.2 1,693.6 2,387.1 1,083.9 1,303.2 1,930.0 1,006.4 1,098.5 1,188.8 1,336.8 1,647.0 371.0 635.4 679.7 393.7 704.8 7224 415.7 773.1 778.0 450.8 886.0 858 4 516.9 1,130.1 1,005.6 1970 1971 1972 1973 1974 2,637.2 1,637.3 865.1 2,888.0 1,811.0 950.5 3,162.6 1,997.7 1,033.1 3,570.0 2,267.6 1,157.7 4,255.0 2,684.8 1,422.6 395.0 423.6 455.4 507.5 628.1 470.2 772.2 627.4 526.9 860.5 683.3 577.7 964.7 740.2 650.2 1,109.9 832.0 794.5 1,262.2 1,026.0 201.0 210.8 223.2 241.9 277.1 426.4 472.4 517.0 590.1 748.9 372.4 393.7 424.7 470.5 544.2 1975 1976 1977 1978 1979 7,604.7 8,334.4 9,359.3 10,904.9 12,366.4 4,756.0 5,277.1 5,992.4 6,981.5 7,902.0 2,661.7 2,920.8 3,253.5 3,774.6 4,225.2 1,252.2 1,389.2 1,557.8 1,770.3 2,031.2 1,409.5 1,531.6 1,695.7 2,004.3 2,194.1 2,094.3 2,356.3 2,738.9 3,206.9 3,676.8 1,729.7 1,823.5 1,995.1 2,371.8 2,704.0 549.0 591.8 634.6 709.8 802.3 1 119 1 1,233.8 1,371.8 1,551.7 1 760 3 1975 1976 1977 1978 1979 4,600.2 5,0-14.3 5,624.8 6,564.1 7,436.1 2,934.5 3,242.2 3,681.0 4,294.8 4,866.5 1,571.0 718.7 852.3 1,709.9 790.3 919.6 1,895.8 885.0 1,010.8 2,199.7 1,008.5 1,191.2 2,459.1 1,160.2 1,298.9 1,363.5 1,532.3 1,785.2 2,095.1 2,407.4 1,070.0 1,119.3 1,218.4 1,448.8 1,644.3 292.3 777.7 313.1 806.2 335.2 883.2 377.8 1,071.0 428.7 1,215.5 595.7 652.8 725.5 820.5 925.3 1980 1981 1982 1983 1984 13,914.0 15,330.3 15,872.6 16,767.6 17,733.3 8,942.8 10,006.7 10,343.2 10,928.6 11,565.9 4,844.4 5,503.7 5,859.2 6,094.7 6,432.9 2,353.3 2,680.3 2,894.2 3,007.9 3,153.2 2,491.1 2,823.3 2,965.1 3,086.8 3,279.7 4,098.4 4,503.0 4,484.0 4,833.9 5,133.0 2,997.0 909.9 2,087.1 1,974.2 3,162.0 997.4 2,164.7 2 161 6 3,233.9 1,058.9 2,175.0 2,295.5 3,386.7 1,122.6 2,264.1 24523 3,561.3 1,161.7 2,399.6 2,606.2 1980 1981 1982 1983 1984 8,312.0 9,093.9 9,310.0 9,774.6 10,324.9 5,483.8 6,103.6 6,242.2 6,563.2 6,938.5 2,807.4 3,175.1 3,348.3 3,450.4 3,630.2 2,676.4 2,928.5 2,893.9 3,112.7 3,308.4 1,808.2 1,893.8 1,926.1 2,004.5 2,100.4 485.5 533.4 572.1 608.9 633.3 1,322.7 1,360.4 1,354.0 1,395.6 1,467.1 1,020.0 1,096.5 1,141.7 1,206.9 1,286.0 1985 1986 1987 1988 1989 18,770.0 19,787.2 21,134.1 22,395.3 23,789.1 12,105.0 12,756.9 13,706.6 14,423.9 15,397.4 6,706.4 7,056.5 7,459.3 7,895.6 8,387.5 3,286.6 3,511.4 3,685.4 3,942.7 4,185.9 3,419.8 3,545.1 3,773.9 3,952.9 4,201.6 5,398.5 5,700.4 6,247.2 6,528.3 7,009.9 3,847.9 3,967.4 4,116.3 4,394.3 4,561.0 2,817.1 3,062.9 3,311.3 3 577 1 3 830 7 1985 1986 1987 1988 1989 10,911.8 7,254.6 3,771.7 1,796.5 1,975.1 3,483.0 11,493.4 7,636.8 3,949.8 1,913.9 2,036.0 3,687.0 12,272.6 8,199.6 4,149.4 2,002.3 2,147.1 4,050.1 12,976.4 8,612.1 4,377.3 2,144.8 2,232.5 4,234.8 13,761.8 9,179.0 4,633.0 2,274.2 2,358.9 4,546.0 2,259.5 2,322.6 2,409.3 2,558.6 2,648.9 688.7 720.6 749.5 793.1 834.6 1,570.8 1,602.0 1,659.8 1,765.6 1,814.4 1,397.7 1,534.1 1,663.7 1,805.6 1,933.8 1,257.2 1,309.0 1,347.3 1,431.2 1,500.8 1,180.6 1,231.7 1,360.6 1,662.0 1,901.6 2,590.8 2,658.5 2,769.0 2,963.1 3,060.3 , , 1,336.8 1,512.6 1,610.4 1,652.2 1,728.4 1,470.6 1,662.5 1,737.8 1,798.2 1,901.8 32 SURVEY OP CURRENT BUSINESS October 1990 Table 3.—Constant-Cost Gross Stock of Fixed Reproducible Tangible Wealth, 1925-89 Table 4.—Constant-Cost Net Stock of Fixed Reproducible Tangible Wealth, 1925-89 [Billions of 1982 dollars] [Billions of 1982 dollars] Fixed private capital Yearend Government-owned fixed capital Nonresidential Total Total Total Equipment Structures Residential Total Federal State and local Government-owned fixed capital Fixed private capital Durable goods owned by consumers Nonresidential Yearend Total Total Total Equipment Structures Residential Total Federal State and local Durable goods owned by consumers 1925 1926 1927 1928 1929 3,538.0 3,663.5 3,779.8 3,891.3 4,000.7 2,914.6 3,010.2 3,095.1 3,174.1 3,249.1 1,700.2 1,748.5 1,789.5 1,828.4 1,876.0 441.0 455.1 464.1 473.3 487.2 1,259.3 1,293.3 1,325.4 1,355.1 1,388.8 1,214.4 1,261.7 1,305.6 1,345.8 1,373.1 392.2 409.6 429.2 449.6 470.5 102.9 103.7 104.4 105.0 106.1 289.3 305.8 324.7 344.6 364.5 231.2 243 8 255 5 267 6 281 1 1925 1926 1927 1928 1929 2,113.7 2,193.9 2,265.1 2,330.3 2,392.2 1,709.0 931.5 1,770.1 957.4 1,822.1 977.8 1,867.6 995.9 1,908.4 1,022.4 236.0 243.4 246.4 249.7 257.7 695.5 714.0 731.4 746.1 764.7 777.5 812.7 844.3 871.7 886.0 280.1 290.4 302.7 315.7 329.0 72.6 70.8 69.1 67.6 66.6 207.5 219.5 233.5 248.2 262.4 124.6 133.4 140.4 147.0 154.9 1930 1931 1932 1933 1934 4,076.7 4,115.8 4,114.4 4,097.6 4,091.4 3,293.0 3,303.1 3,283.4 3,255.4 3,232.9 1,906.7 1,907.4 1,887.0 1,860.0 1,837.2 493.2 488.2 475.2 460.8 449.5 1,413.4 1,419.2 1,411.8 1,399.2 1,387.8 1,386.4 1,395.7 1,396.4 1,395.4 1,395.7 495.8 522.2 544.0 560.2 581.5 107.8 110.6 114.2 119.8 127.5 388.0 411.6 429.8 440.4 453.9 287 9 290.5 287 0 282 1 277 1 1930 1931 1932 1933 1934 2,420.9 2,414.5 2,371.7 2,318.3 2,280.8 1,919.0 1,032.9 1,897.4 1,014.7 1,848.2 977.4 1,794.5 937.0 1,750.5 904.7 257.6 247.3 229.7 212.8 201.4 775.2 767.4 747.7 724.1 703.3 886.1 882.7 870.9 857.5 845.8 346.3 364.4 378.0 385.2 397.1 66.4 67.2 69.3 73.0 78.4 280.0 297.2 308.6 312.2 318.7 155.6 152.7 145.5 138.7 133.3- 1935 1936 1937 1938 .. 1939 4,097.6 4,135.3 4,179.9 4,207.2 4,253.3 3,219.7 3,224.0 3,238.3 3,235.4 3,241.0 1,819.3 1,813.4 1,816.3 1,802.0 1,789.9 442.1 442.2 446.3 440.5 437.2 1,377.2 1,371.1 1,370.0 1,361.5 1,352.7 1,400.4 1,410.6 1,422.0 1,433.3 1,451.1 603.5 635.9 663.1 694.7 731.7 137.3 146.3 154.9 163.9 173.9 466.3 489.5 508.2 530.8 557.8 274.3 275 5 278!5 277.1 280.6 1935 1936 1937 1938 1939 2,260.3 2,274.2 2,295.2 2,299.1 2,322.9 1,719.5 1,708.7 1,709.2 1,693.6 1,688.3 880.5 871.0 871.5 855.9 843.9 195.9 199.1 206.5 203.7 203.8 684.6 671.9 664.9 652.3 640.1 838.9 837.7 837.7 837.6 844.3 409.5 431.6 448.0 468.2 493.4 85.6 91.8 97.1 102.6 108.9 323.9 339.8 350.8 365.6 384.5 131.3 133.9 138.1 137.3 141.2 1940 1941 1942 1943 1944 4,312.9 4,442.8 4,660.6 4,968.0 5,256.1 3,259.4 3,289.5 3,278.1 3,250.1 3,233.6 1,788.4 1,796.1 1,779.7 1,754.6 1,742.4 441.9 452.2 451.3 448.2 453.1 1,346.4 1,344.0 1,328.4 1,306.4 1,289.3 1,471.1 765.1 187.2 1,493.4 852.1 260.4 1,498.4 1,077.0 478.8 1,495.5 1,411.0 811.5 1,491.2 1,715.9 1,116.2 577.9 591.7 598.3 599.5 599.8 288.4 301 2 305 4 306 9 306 6 1940 1941 1942 1943 1944 2,360.0 2,449.3 2,606.5 2,792.4 2,921.1 1,696.7 1,717.1 1,693.5 1,655.3 1,630.2 843.5 852.9 835.5 810.8 800.2 211.3 224.0 222.2 218.2 223.0 632.2 628.9 613.3 592.6 577.3 853.2 514.8 864.2 581.6 858.1 765.0 844.5 993.7 830.0 1,152.4 118.4 179.8 365.1 600.7 767.2 396.4 401.8 399.9 392.9 385.2 148.5 150.6 148.0 143.4 138.4 1945 1946 1947 1948 1949 5,423.2 5,357.5 5,344.3 5,349.1 5,387.4 3,240.8 3,311.4 3,404.1 3,517.2 3,610.7 1,752.2 1,791.1 1,839.2 1,894.9 1,938.4 473.0 503.0 547.6 593.4 627.9 1,279.1 1,288.1 1,291.6 1,301.5 1,310.5 1,488.6 1,520.3 1,564.9 1,622.3 1,672.3 1,874.2 1,273.7 1,718.0 1,111.3 1,584.2 962.8 1,445.9 807.0 1,359.2 699.9 600.4 606.7 621.4 638.9 659.3 308.2 328.0 356 0 386 0 417 4 1945 1946 1947 1948 1949 2,960.7 2,866.2 2,848.3 2,888.5 2,950.0 1,628.8 1,687.4 1,768.6 1,865.5 1,939.7 811.3 848.2 894.9 945.5 981.2 242.3 267.6 306.5 344.4 368.1 569.0 580.6 588.4 601.1 613.2 817.5 1,195.6 839.2 1,028.3 873.7 909.9 920.0 832.6 958.5 797.7 817.4 651.6 526.6 440.0 392.7 378.2 376.7 383.3 392.6 404.9 136.4 150.4 169.8 190.4 212.6 1950 1951 1952 1953 1954 5,498.9 5,684.4 5,883.8 6,094.0 6,294.1 3,737.2 3,855.8 3,970.7 4,094.0 4,216.6 1,992.8 2,052.9 2,112.2 2,177.7 2,237.0 668.5 712.6 755.4 799.4 835.9 1,324.2 1,340.3 1,356.8 1,378.3 1,401.1 1,744.4 1,802.9 1,858.5 1,916.4 1,979.6 1,308.4 1,344.6 1,400.3 1,458.8 1,504.8 625.9 637.9 669.0 700.6 713.5 682.5 706.7 731.4 758.3 791.4 453 2 484.0 512.8 541 1 572 7 1950 1951 1952 1953 1954 3,073.0 3,202.0 3,347.7 3,501.9 3,643.6 2,041.8 2,133.0 2,216.0 2,305.5 2,393.4 1,023.5 1,069.1 1,110.2 1,156.2 1,195.9 394.6 421.8 444.7 468.2 483.9 628.9 647.2 665.5 688.0 711.9 1,018.4 1,063.9 1,105.8 1,149.3 1,197.5 788.6 804.9 852.0 897.5 937.0 368.7 369.4 400.8 428.8 445.0 419.9 435.4 451.2 468.7 492.0 242.6 264.1 279.7 298.8 313.2 1955 1956 1957 1958 1959 6,531.8 6,754.9 6,970.3 7,168.3 7,395.3 4,360.7 4,505.4 4,641.7 4,764.8 4,904.7 2,305.4 876.7 2,381.9 919.3 2,454.9 958.7 2,505.2 981.5 2,565.1 1,010.7 1,428.7 1,462.6 1,496.2 1,523.6 1,554.4 2,055.3 2,123.5 2,186.8 2,259.7 2,339.5 1,560.5 1,603.3 1,651.6 1,701.3 1,760.5 733.2 739.1 748.2 756.2 772.4 827.3 864.2 903.4 945.0 988.1 610 6 646.2 677 1 702.2 730 1 1955 1956 1957 1958 1959 3,806.4 3,955.8 4,088.8 4,206.3 4,348.5 2.50LO 2,607.2 2,704.0 2,788.0 2,886.1 1,243.6 1,298.6 1,349.7 1,379.3 1,417.0 505.2 527.6 548.3 553.9 566.4 738.4 770.9 801.4 825.4 850.6 1,257.4 968.4 1,308.6 995.9 1,354.3 1,019.9 1,408.7 1,049.2 1,469.1 1,082.9 450.9 452.5 448.8 448.4 451.9 517.6 543.4 571.1 600.8 631.1 336.9 352.7 364.9 369.1 379.4 I960 1961 1962 1963 1964 7,615.6 5,040.1 2,627.9 1,039.1 7,827.9 5,172.9 2,688.6 1,063.0 8,068.2 .5,321.3 2,757.5 1,093.1 8,333.2 5,484.8 2,831.8 1,127.8 8,626.8 5,665.9 2,922.0 1,172.5 1,588.8 1,625.6 1,664.4 1,704.1 1,749.5 2,412.2 2,484.3 2,563.8 2,653.0 2,743.9 1,819.6 1,878.5 1,943.3 2,013.8 2,091.7 788.5 800,7 817.4 836.1 858.9 1,031.2 1,077.8 1,125.9 1,177.6 1,232.9 755 9 776 6 803.6 834 6 869 2 1960 1961 1962 1963 1964 4,487.2 4,624.2 4,782.3 4,962.4 5,162.7 2,979.0 3,067.5 3,170.7 3,285,4 3,414.4 1,457.8 1,495.3 1,541.4 1,590.2 1,653.0 579.1 878.7 588.2 907.1 603.7 937.8 623.1 967.1 651.8 1,001.2 1,521.2 1,572.2 1,629.3 1,695.2 1,761.4 1,118.9 1,162.6 1,205.4 1,253.3 1,301.6 457.8 468.3 477.2 487.5 495.4 661.1 694.3 728.2 765.8 806.1 389.3 394.2 406.2 423.8 446.8 695.0 748.3 794.2 842.9 896.3 1965 1966 1967 1968 1969 8,958.2 9,304.2 9,642.6 10,016.1 10,394.2 5,874.4 6,089.0 6,295.3 6,523.7 6,763.9 3,041.2 3,177.0 3,306.9 3,444.4 3,595.4 1,233.6 1,308.0 1,378.9 1,455.7 1,540.8 1,807.6 1,869.0 1,928.1 1,988.7 2,054.6 2,833.2 2,912.0 2,988.3 3,079.2 3,168.5 2,169.4 2,249.8 2,331.1 2,410.2 2,482.9 877.6 895.0 907.7 914.5 919.9 1,291.8 9145 1,354.7 965 5 1,423.4 1 016 2 1,495.7 1 082 3 1,563.0 1 147 4 1965 1966 1967 1968 1969 5,397.1 5,641.6 5,866.0 6,116.1 6,361.8 3,566.7 3,719.7 3,858.0 4,012.8 4,173.7 1,741.5 1,842.4 1,931.7 2,024.3 2,125.3 1,825.2 1,877.3 1,926.3 1,988.6 2,048.4 1,350.8 1,404.6 1,456.9 1,510.0 1,555.6 849.3 501.5 508.4 896.2 947.8 509.1 508.4 1,001.6 505.7 1,049.9 479.7 517.4 551.1 593.3 632.5 1970 1971 1972 1973 1974 10,742.6 11,125.3 11,547.9 12,009.2 12,419.1 6,989.0 7,235.4 7,515.8 7,825.6 8,100.5 3,737.8 3,871.0 4,015.8 4,197.6 4,377.9 1,620.0 1,693.5 1,779.1 1,892.2 2,004.6 2,117.8 2,177.5 2,236.7 2,305.4 2,373.3 3,251.2 3,364.5 3,500.0 3,628.0 3,722.6 2,547.5 2,613.0 2,673.0 2,726.4 2,778.7 921.7 927.1 930.1 929.1 925.7 1,625.8 1,685.9 1,742.9 1,797.2 1,853.0 1,206.1 1,276.9 1,359.1 1 457 3 1 539 9 1970 1971 1972 1973 1974 6,566.2 6,791.8 7,061.3 7,357.5 7,585.9 4,312.7 4,468.2 4,655.0 4,863.9 5,029.2 2,212.2 939.8 1,272.4 2,100.5 2,286.1 975.7 1,310.4 2,182.1 2,370.2 1,022.1 1,348.1 2,284.8 2,486.0 1,093.0 1,393.0 2,377.9 2,593.3 1,158.7 1,434.6 2,435.9 1,594.1 1,629.5 1,666.4 1,697.0 1,725.7 501.9 498.5 500.4 499.6 496.3 1,092.2 1,131.0 1,165.9 1,197.4 1,229.4 659.4 694.1 740.0 796.6 831.0 1975 1976 1977 1978 1979 12,771.9 13,157.3 13,596.6 14,092.7 14,603.8 8,313.1 8,549.2 8,836.9 9,163.7 9,513.7 4,513.3 4,649.3 4,813.8 5,009.4 5,222.7 2,084.4 2,166.3 2,273.3 2,400.4 2,536.7 2,428.8 2,483.0 2,540.5 2,609.0 2,686.0 3,799.9 3,899.9 4,023.2 4,154.3 4,291.0 2,839.1 2,894.9 2,943.3 3,001.0 3,056.1 934.5 944.0 951.7 965.4 979.9 1,904.6 1,950.9 1,991.6 2,035.5 2,076.2 1 619 7 1 713 2 1 8164 1,928.1' 2 034 0 1975 1976 1977 1978 1979 7,743.3 7,933.2 8,176.9 8,466.8 8,761.6 5,130.3 5,251.4 5,421.1 5,622.0 5,841.2 2,654.6 2,714.1 2,799.1 2,909.3 3,033.3 1,192.7 1,228.6 1,287.7 1,364.0 1,446.8 1,461.9 1,485.5 1,511.3 1,545.3 1,586.4 2,475.6 2,537.4 2,622.0 2,712.7 2,808.0 1,753.1 1,777.1 1,795.8 1,825.5 1,851.5 496.8 499.0 502.3 513.3 523.6 1,256.3 860.0 1,278.1 904.6 1,293.5 960.0 1,312.2 1,019.3 1,328.0 1,068.8 1980 1981 . 1982 1983 1984 15,042.0 15,466.9 15,834.3 16,244.7 16,762.1 9,813.2 10,105.6 10,334.0 10,578.8 10,903.8 5,420.0 5,624.5 5,785.7 5,932.7 6,127.5 2,651.1 2,759.4 2,834.3 2,912.8 3,023.7 2,768.9 2,865.2 2,951.4 3,019.9 3,103.9 4,393.1 4,481.1 4,548.3 4,646.0 4,776.2 3,117.5 3,170.9 3,230.2 3,291.3 3,347.8 999.1 1,017.7 1,045.6 1,074.7 1,097.5 2,118.5 2,153.2 2,184.6 2,216.6 2,250.3 21113 21904 2 270 1 2 374 7 25105 1980 1981 1982 1983 1984 8,972.4 9,165.3 9,298.6 9,468.8 9,750.4 6,005.2 6,156.5 6,244.1 6,349.1 6,534.6 3,137.7 3,243.8 3,307.1 3,357.1 3,456.2 1,505.5 1,557.1 1,577.1 1,602.7 1,662.6 1,632.2 1,686.6 1,730.1 1,754.4 1,793.6 2,867.4 2,912.7 2,937.0 2,992.0 3,078.4 1,877.5 1,897.9 1,925.2 1,949.4 1,974.2 533.9 544.5 565.2 583.3 598.5 1,343.7 1,353.4 1,360.0 1,366.2 1,375.7 1,089.7 1,110.9 1,129.3 1,170.3 1,241.7 1985 1986 1987 1988 1989 17,335.1 17,922.6 18,510.3 19,130.9 19,749.1 11,254.4 11,603.5 11,938.6 12,302.3 12,645.7 6,348.3 6,545.8 6,731.5 6,947.9 7,158.2 3,153.6 3,284.2 3,417.6 3,581.3 3,750.8 3,194.7 3,261.6 3,314.0 3,366.7 3,407.4 4,906.1 5,057.7 5,207.0 5,354.4 5,487.6 3,422.5 3,501.7 3,593.8 3,681.0 3,775.7 1,132.6 1,168.0 1,215.8 1,256.5 1,306.7 2,289.9 2,333.8 2,378.0 2,424.5 2,469.1 2,658.2 2,817 4 2,977.9 3,147.6 3 327 6 1985 1986 1987 1988 1989 10,079.3 10,418.0 10,741.3 11,084.4 11,411.3 6,741.0 6,941.3 7,124.6 7,331.5 7,514.8 3,576.5 3,671.3 3,752.4 3,860.9 3,959.8 1,737.5 1,809.1 1,879.9 1,974.2 2,067.2 1,839.0 1,862.3 1,872.5 1,886.6 1,892.7 3,164.4 3,270.0 3,372.2 3,470.7 3,555.0 2,011.7 2,053.3 2,105.8 2,147.5 2,197.7 622.8 646.3 679.9 701.9 732.9 1,388.9 1,407.0 1,426.0 1,445.6 1,464.8 1,326.6 1,423.4 1,510.9 1,605.4 1,698.8 . . . . . 1,046.5 1,094.1 1,137.4 1,181.4 1,229.0 BUSINESS CYCLE INDICATORS Data tables Footnotes for pages C-l through C-5 Charts Historical data for selected series Business cycle expansions and contractions Specific peak and trough dates for selected indicators Titles and sources of series , Annual Revision of Composite indexes The composite indexes of leading, coincident, and lagging indicators (series 910, 920, and 930) have been revised from January 1985 through August 1990. These revisions incorporate revised data for component series but do not involve changes in the components of the indexes or in the standardization or trend factors. The ratio of the coincident to lagging composite indexes (series 940) and the diffusion indexes based on the leading, coincident, and lagging indicator components (series 950,951, and 952) have been revised for the same period. Historical data for these indexes and their components are shown on pages C-25 through C-44. C-l C-6 C-7 C-25 C-45 C-46 C-47 Series originating in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are provided through the courtesy of the compilers and are subject to their copyrights. Current and historical data for the series shown in the C-pages are available on printouts, diskettes, and the Commerce Department's Economic Bulletin Board. For more information, write to Statistical Indicators Branch, Business Outlook Division (BE-52), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. NOTE.—This section of the SURVEY is prepared by the Statistical Indicators Branch. Series no. Year 1989 1990 Series title and timing classification 1989 Aug. Sept. Oct. 1 Nov. [ Dec. Jan. Feb. Mar. | Apr. | May June 1 July Aug. 1 Sept. ' 146.1 0 -4.3 '144.4 '-13.1 "-7.4 1. CYCLICAL INDICATORS 1.1 Composite Indexes 910 • (i) (5) (8) (32) (20) (29) (92) (99) (19) (106) (83) 950 The Leading Index Composite index of leading indicators, 1982=100 (L,L,L) §, Percent change over 1-month span, AR§ Percent change over 3-month span, AR §..... Contributions of leading index components: Average weekly hours, mfg. (L,L,L) § Average weekly initial claims for unemployment insurance (inverted) (L,C,L) $. New orders in 1982$, consumer goods and materials (L,L,L)§. Vendor performance, slower deliveries diffusion index (L,L,L)§. Contracts and orders for plant and equipment in 1982$ (L,L,L)§. Building permits, new private housing units (L,L,L) § Change in unfilled orders in 1982$, durable goods, smoothed (L,L,L) f §• Change in sensitive materials prices, smoothed (L,L,L) f § Stock prices, 500 common stocks, NSA (L,L,L) Money supply M2 in 1982$ (L,L,L)§ Index of consumer expectations, NSA (L,L,L) Diffusion index of 11 leading indicator components: Percent rising over 1-month span § Percent rising over 6-month span § The Coincident Index 920* Composite index of coincident indicators, 1982=100 (C,C,C) §. Percent charige over 1-month span, AR § Percent change over 3-month span, AR§ Contributions of coincident index components: Employees on nonagricultural payrolls (C.C.C) § (41) Personal income less transfer payments in 1982$ (C,C,C) § (51) Industrial production (C,C,C) § ,. (47) Manufacturing and trade sales in 1982$ (C,C,C) § (57) Diffusion index of 4 coincident indicator components: 951 Percent rising over 1-month span § Percent rising over 6-month span § (91) (77) (62) (109) (101) (95) (120) 952 940* The Lagging Index Composite index of lagging indicators, 1982=100 (Lg,Lg,Lg) §. Percent change over 1-month span, AR§ Percent change over 3-month span, AR § Contributions of lagging index components: Average duration of unemployment (inverted) (Lg,Lg,Lg)*§. Ratio, mfg. and trade inventories to sales in 1982$ (Lg,Lg,Lg) §. Change in labor cost per unit of output, mfg., smoothed (Lg,Lg,Lg) t §. Average prime rate, NSA (Lg,Lg,Lg) Commercial and industrial loans in 1982$ (Lg,Lg,Lg) § Ratio, consumer installment credit to personal income (Lg,Lg,Lg) §. Change in CPI for services, smoothed (Lg,Lg,Lg) t § Diffusion index of 7 lagging indicator components: Percent rising over 1-month span § Percent rising over 6-month span § Ratio, coincident index to lagging index, 1982=100 (L,L,L) § ' 145.2 '-1.6 5.4 ' 146.0 '6.8 '1.9 ' 146.1 '.8 2.5 .08 -.07 '.07 0 .06 -.07 -.09 .15 .08 .07 -.04 -.07 -.01 .07 -.16 -.22 .26 .16 -.06 '.17 '-.13 -.02 .13 "-.20 0 -.02 .04 .11 -.17 .16 -.07 -.01 -.04 '-.07 -.03 '-.07 -.30 -.38 -.16 -.04 -.03 .25 ' 145.4 11.4 -.5 -07 .11 0 .19 -.02 -.04 '144.1 '-10.2 '.3 145.3 6.0 '2.8 '144.9 '0 .8 '-.13 " 143.3 "-8.8 ' 145.4 '.8 '-1.4 144.6 1.7 ' 144.9 '6.9 '2.0 144.9 .4 .1 .11 .23 .20 -.24 -.17 .11 -.13 .25 .08 "0 -.17 .07 -.12 .21 '-.28 ".28 .12 -25 -.07 '-.10 -.09 '-.17 -.16 "-09 '.25 .19 -.11 -.17 '.14 .16 '-.09 -.10 .12 -.01 -.07 .03 .06 -.47 '-.09 -.53 -.02 -.26 "-.08 -.15 "13.6 -.20 -.01 -.04 -.30 -07 -.12 -.10 .23 .13 .01 0 .37 0 '.01 .10 -.01 -.01 Ml -.22 '-.05 -.15 '.11 -.09 .01 .07 .11 .32 .59 .14 -.83 -.10 -.10 .11 .01 0 -.19 .24 .21 -.19 -.03 .01 .10 .31 .02 0 .04 -.05 -.15 -.12 .07 -.11 -.25 .13 -.09 -.14 '-.25 -.08 -.16 43.2 37.5 50.0 54.5 '36.4 45.5 36.4 45.5 63.6 27.3 54.5 45.5 36.4 '54.5 '36.4 54.5 72.7 54.5 36.4 63.6 54.5 45.5 45.5 '27.3 27.3 36.4 ' 133.1 ' 133.4 ' 133.8 ' 132.7 ' 133.8 ' 134.2 ' 133.7 ' 134.4 '134.9 1.1 .6 '9.4 '.9 '-2.7 '.3 '2.7 '.3 3.7 '-1.2 -9.4 '1.2 '10.4 '1.2 3.6 '3.0 -4.4 1.8 .14 .05 .05 .11 '.10 '-.03 '.19 '.77 '.17 '-.02 '0 '-.21 '.01 '-.24 '-21 '.19 '.03 '.19 '.09 '.10 '.15 '.24 '-.05 '.19 '-.19 '-.53 '-.22 '.22 '.11 '.48 .33 .12 '.09 '.19 .15 .04 .05 -.03 -24 65.6 79.2 '75.0 75.0 '37.5 100.0 50.0 50.0 100.0 75.0 '75.0 100.0 25.0 100.0 100.0 100.0 100.0 100.0 50.0 100.0 119.0 '119.8 '119.6 '120.0 '119.7 '119.7 3.2 2.7 '2.0 '.3 -2.0 '1.3 4.1 '-.3 '-3.0 '.3 '0 '-3.3 '-6.8 '-3.6 '-4.0 -2.3 '-.26 '.05 '.10 '-.05 '-.05 '.31 '-.20 '.15 .-.52 .13 .26 '0 '0 .13 -.39 -.13 .03 '-.05 '.22 '-.28 '-.07 -.02 -.17 .05 .07 '.03 '-.03 '-.0 "-.16 -.28 '.51 '.22 0 '-.11 '.03 0 -.06 '-.03 0 .02 '-.06 0 -.06 '-.09 -.23 -.17 -.31 -.06 .33 -.31 0 .53 -.19 0 '-.27 .06 0 '.10 -.22 0 .07 '.09 0 '-.29 ".03 0 ".02 -.19 .05 .14 '.24 133.5 -.05 .02 -.01 0 .13 .03 -.14 54.2 56.6 57.1 '64.3 '35.7 42.9 '111.8 35.7 '35.7 '110.9 '57.1 '28.6 -.15 -.03 ' 134.4 -2.6 '0 '-1.8 '-2.9 '-4.4 .31 .01 .15 .23 .15 .06 '.18 .15 -.06 '.13 '.05 '-.16 '-.06 '-.26 '.03 ".31 "-.10 "-.18 ".10 100.0 100.0 100.0 '66.7 '119.3 '118.7 '-3.0 '-1.0 '-4.0 '-3 '6.2 '-1.3 '-5.9 2 -.7 -.20 0 '-.15 -.13 .13 "-.26 '119.0 .14 .24 .10 .19 '42.9 28.6 111.8 28.6 28.6 "111.5 42.9 35.7 '112.8 50.0 42.9 112.8 .25 -.13 57.1 '50.0 '112.0 1 ' 134.6 '4.6 2.7 50.0 '50.0 '112.8 50.0 2 30.0 113.6 '35.7 '113.2 133.9 2 118.5 2 -2.0 ".07 2 50.0 "113.0 See footnotes on page C-6. c-i C-2 Series no. SURVEY OF CURRENT BUSINESS Series title and timing classification 1989 Year 1989 October 1990 Oct. Aug. | Sept 1990 Nov. | Dec. Jan. | Feb. Mar. Apr. | May June July Aug. Sept. 1. CYCLICAL INDICATORS — Continued 1.2 Employment and Unemployment 1• 21 * 5* 46 4 60 48 • 42 41 • 963 40* 904 37 43 * 45 91 4 44 Marginal employment adjustments: 41.0 Average weekly hours, mfg. (L,L,L) 3.8 Average weekly overtime hours, mfg. (L,C,L) 324 Average weekly initial claims for unemployment insurance, thous. (L,C,L) ' $. Job vacancies: 151 Index of help-wanted advertising, 1967=100 (L,Lg,U) .687 Ratio, help- wanted advertising to unemployment (L,Lg,U).. Employment: Employee hours in nonagricultural establishments, 201.93 bil. hours, AR (U,C,C). 114,142 Persons engaged in nonagricultural activities, thous. (U,C,C). 108,413 Employees on nonagricultural payrolls, thous. (C,C,C) Diffusion index of employees on private nonagricultural payrolls, 349 industries: 572 Percent rising over 1 -month span 60.4 Percent rising over 6-month span Employees in goods-producing industries, thous. (L,C,U).... 25,326 63.0 Ratio, civilian employment to population of working age, percent (U,Lg,U). Unemployment: 6,528 Number of persons unemployed, thous. (L,Lg,U) $ 5.3 Civilian unemployment rate, percent (L,Lg,U) $ 2.1 Avg. weekly insured unemploy. rate, percent (L,Lg,U) ' $.. Average duration of unemploy. in weeks (Lg,Lg,Lg) $ 11.9 Unemployment rate, 15 weeks and over, percent 1.1 (Lg,Lg,Lg)$. 41.0 3,8 316 40.9 3.8 320 40.8 3.7 357 40.7 3.7 343 40.6 3.7 354 40.7 3.6 363 40.8 3.6 353 40.8 3.7 346 40.7 3.5 356 40.9 3.8 346 41.0 3.8 351 40.9 r 3.7 352 41.0 '3.8 368 "41.0 '3.7 391 147 .671 146 .658 151 .684 145 .648 149 .666 146 .665 140 .632 139 .637 137 .602 134 .599 132 .609 132 .576 127 .540 "122 ".513 203.19 205.05 201.95 202.64 204.86 202.96 203.74 204.62 203.48 205.15 114,275 114,200 114,388 114,676 114,691 114,728 114,957 115,133 114,983 115,045 115,041 114,867 108,628 108,868 108,980 109,245 109,383 109,654 109,958 110,122 110,177 110,617 110,829 110,740 '110,657 "110,556 577 58.1 25,356 63.0 500 56.2 25,304 62.9 552 58.3 25,283 62.9 596 57.4 25,280 63.0 566 58.4 25,218 63.0 556 57.3 25,188 62.9 58.6 56.5 25,339 63.0 53.7 55.5 25,259 63.1 49.9 '55.9 25,180 62.9 55.8 r 52.0 25,191 63.0 6,520 5.3 2.1 11.4 1.1 6,604 5.3 2.1 11.5 1.1 6,563 5.3 2.2 11.7 1.1 6,652 5.3 2.2 11.6 1.1 6,658 5.3 2.3 11.5 1.1 6,535 5.3 2.3 12.1 1.1 6,594 5.3 2.2 11.7 1.1 6,495 5.2 2.3 12.0 1.1 6,770 5.4 2.3 12.1 1.1 6,653 5.3 2.3 11.6 1.1 34136 2,905.9 34158 2,908.8 4,155.1 4 1,831.3 34157 2,909.2 206.12 '205.55 '204.86 "205.74 114,521 114,717 "44.0 '50.8 49.9 '47.3 "48.6 25,162 ' 25,105 '25,013 " 24,929 62.7 62.6 62.5 63.0 6 '*tl 2.3 12.0 1.1 6,814 5.5 2.3 12.0 1.2 7,003 5.6 2.3 12.3 1.3 7,069 5.7 2.4 12.5 1.3 1.3 Production and Income 504 49 52 51 4 534 47 4 73 t 74 4 124 82 4 Output. and income: Gross national product, bil. 1982$, AR (C,C,C) Percent change from previous quarter AR Value of goods output, bil. 1982$, AR (C,C,C) Personal income bil 1982$ AR (C C C) Personal income less transfer payments, bil. 1982$, AR (C,C,C). Wages and salaries in mining, mfg., and construction, bil. 1982$, AR (C,C,C). Industrial production indexes, 1987=100: Total (C C C) Durable manufactures (C C C) Nondurable manufactures (C L L) .. . . . Capacity utilization rates (percent): Total industry (L C U) Manufacturing (L,C,U) 33823 2,886.7 4,133.2 3 1,823.1 33889 2,889.8 34646 2,905.5 33949 2,885.7 4,150.6 17 1,825.4 34042 2,897.0 552.4 551.3 544.8 544.1 536.4 539.5 539.8 535.6 540.0 539.8 '537.5 '532.3 " 529.3 108.2 111.3 106.2 108.2 111.5 106.0 107.7 1094 107.2 108.1 110.1 107.3 1086 1104 1067 1075 108.6 1075 1085 1107 1083 1089 1119 1072 1088 111 1 1075 1094 1126 1074 '1101 '1134 1076 '1103 '1132 108 1 '1104 '1136 108 1 " 110.7 "1138 "108.3 840 83.8 839 83.6 833 82.9 835 83.0 837 82.8 827 82.0 832 83.0 834 82.9 831 82.5 834 82.8 '837 '83.0 '837 '82.9 '836 '82.8 "836 "82.8 101.07 86.71 107.48 89.32 102.92 ' 107.01 88.33 '91.25 103.48 89.03 4,117.7 25 1,829.5 3 3765 2,886.1 4,129.7 17 1,836.5 33810 2,887.5 33805 2,885.4 554.2 554.3 108.1 110.9 106.4 842 83.9 " 4,173.6 "18 " 1,835.6 34223 '3^4288 '34134 "34059 2,912.5 '2,919.9 '2,905.5 " 2,897.9 1.4 Consumption. Trade, Orders, and Deliveries 74 84 924 324 57 4 754 59 4 58 834 122 1234 Orders and deliveries: Mfrs.' new orders, durable goods, bil. 1982$ (L,L,L) Mfrs.' new orders, consumer goods and materials, bil. 1982$ (L.L.L). Mfrs.' unfilled orders, durable goods, mil. 1982$ 0 Change from previous month bil 1982$ Change from previous month, bil. 1982$, smoothed (L,L,L) t. Vendor performance, slower deliveries diffusion index, percent (L,L,L). Consumption and trade: Manufacturing and trade sales, mil. 1982$ (C,C,C) Index of industrial production, consumer goods, 1987=100 (C,L,C). Sales of retail stores, mil. 1982$ (U,L,U) Indexes of consumer attitudes: Consumer sentiment, U. of Michigan, 1966:1=100, NSA(L,L,L)© 2 . Consumer expectations, U. of Michigan, 1966:1=100, NSA(L,L,L)© 2 . Consumer confidence, The Conference Board, 1985=100 (L,L,L). Consumer expectations, The Conference Board, 1985=100 (L.L.L). 1,281.39 1,054.18 106.89 90.45 105.06 87.84 104.07 87.60 109.02 88.78 110.41 86.12 413,899 400,552 401,595 402,621 406,439 413,899 382 103 1.04 -2.70 2 15 746 1.56 2.06 1.05 1.10 2.01 ,82 47.6 44.6 43.8 42.9 43.0 ' 106.21 '104.94 " 102.97 '88.68 '90.79 "87.46 414,899 413,199 416,022 416,994 417,463 414,610 '416,418 '414,366 " 414,588 2.82 -1 70 1.00 " 22 ' 1.81 '-2.05 -2.85 .47 .97 2.10 2.20 2.50 "-.32 '.48 .80 1.58 1.89 '-.05 51.1 49.4 473,358 479,562 482,472 477,900 482,397 485,392 '482,361 "488,392 107.4 ' 107.8 ' 107.3 ' 107.8 107.2 107.5 107.0 106.0 "109.1 47.2 42.5 5,715,152 '484,980 '480,843 476,868 478,552 477,581 107.4 105.6 108.3 107.3 106.3 106.7 1,466,669 ' 124,138 ' 124,095 122,156 122,563 98.75 82.68 43.3 45.8 47.6 48.6 122,114 123,661 123,276 122,379 121,317 121,132 51.2 47.3 122,085 ' 122,613 ' 121,267 " 121,480 92.8 89.6 95.8 93.9 90.9 90.5 93.0 89.5 91.3 93.9 90.6 88.3 88.2 76.4 85.3 80.3 88.6 87.2 84.3 85.5 83.4 81.3 81.3 83.9 79.3 76.6 77.3 62.9 58.8 116.8 115.4 116.3 117.0 115.1 113.0 106.5 106.7 110.6 107.3 107.3 102.4 101.7 '84.7 "84.7 104.8 103.7 106.1 106.4 103.7 104.4 97.0 93.7 101.9 99.2 100.3 96.6 91.8 '74.2 "77.0 122.6 55,000 121.7 53,316 121.8 '119.7 54,097 " 51,440 '118.3 "116.1 72.8 1.5 Fixed Capital Investment Formation of business enterprises: 124.7 Index of net business formation, 1967=100 (L,L,L) 124 679,815 Number of new business incorporations (L,L,L) 13 4 Business investment commitments: 527.60 Contracts and orders for plant and equipment, bil.$ 10 (L,L,L). Contracts and orders for plant and equipment, bil. 1982$ 592.58 204 (L,L,L). 542.14 Mfrs.' new orders, nondefense capital goods, bil. 1982$ 274 (L,L,L). 881.70 Construction contracts awarded for commercial and 94 industrial buildings, mil. sq. ft. (L.C.U)©3. 11 165.36 Newly approved capital appropriations, mfg., bil.$ (U,Lg,U). Backlog of capital appropriations, mfg , bil.$ (C,Lg,Lg) 0... 112.94 97 See footnotes on page C-6. 123.2 55,916 122.7 55,390 54,651 123.4 55,180 124.3 57,040 126.9 59,397 126.2 56,821 124.1 56,271 1:23.0 42.34 '41.61 40.84 43.30 48.85 43.04 40.10 44.98 40.66 40.44 39.98 '43.37 '39.40 "42.24 48.58 '48.69 47.13 49.27 54.16 48.99 46.45 51.51 '47.33 '47.12 '46.39 '50.66 '45.00 "50.71 44.37 43.62 43.19 45.71 50.55 45.20 43.24 48.24 44.05 43.52 43.37 '47.85 '42.19 "47.63 67.05 83.97 74.33 67.63 67.06 73.56 66.49 69.01 62.12 66.84 57.71 51.54 53.12 61.63 37.11 117.14 "31.83 33.06 39.83 112.94 109.02 " 108 48 Series no. C-3 SURVEY OF CURRENT BUSINESS October 1990 Series title and timing classification Year 1989 1989 Aug. | Sept. | Oct. 1990 Nov. | Dec. Jan. Feb. Mar. Apr. May 1 June July Aug. | Sept.* 1. CYCLICAL INDICATORS — Continued 1.5 Fixed Capital Investment — Continued 61 100 • 69 • 76* 86 87 88 28 29 89 • Business investment expenditures: New plant and equipment expenditures by business bil $ AR (C,Lg,Lg). New plant and equipment expenditures by business, bil. 1982$, AR(C,Lg,Lg). Mfrs.' machinery and equipment sales and business construction expenditures, bil.$, AR (C,Lg,Lg). Index of industrial production, business equipment, 1987=100 (C,Lg,U). ; Gross private nonres. fixed investment, bil. 1982$, AR: Total (CLgC) Structures (Lg,Lg,Lg) Producers' durable equipment (C Lg C) Residential construction and investment: New private housing units started, thous., AR (L,L,L) Index of new private housing units authorized by local building permits, 1967=100 (L,L,L). Gross private residential fixed investment, bil. 1982$, AR (L,L,L). 50740 51495 51958 53245 53549 a 532 47 501.58 510.36 515.96 524.07 528.10 " 524.60 492.00 513.01 508.02 490.58 488.22 495.48 499.30 521.73 119.1 120.4 120.7 116.0 118.7 119.9 11.8.0 120.1 506 1 122.4 3837 5133 122.7 3906 1,376 107.6 1,325 106.4 187.0 184.4 5084 123.1 3854 1,263 104.5 1,423 108.6 1,347 108.8 512.14 '500.36 '499.11 '516.46 '501.98 "517.10 122.2 121.6 1,568 138.7 181.8 1,488 103.4 ' 124.4 ' 124.6 1,307 98.2 1,216 88.4 1,206 84.9 1,189 88.4 ' 1,153 86.3 ' 125.6 '1,142 83.7 ' 1,135 79.1 "175.3 182.8 188.3 ' 124.8 v 517.6 " 122.4 r 395 2 5084 120.9 387 5 5146 123.8 3908 1,273 112.9 123.5 1.6 Inventories and Inventory Investment Inventory investment: Change in business inventories, bil 1982$, AR (L,L,L). Change in mfg. and trade inventories, bil.$, AR (L,L,L) Inventories on hand: Mfg. and trade inventories, bil. 1982$ (Lg,Lg,Lg) 0 70 Ratio, mfg. and trade inventories to sales in 1982$ 77* (Lg,Lg,Lg). 30* 31 • 23.8 41.1 24.6 '32.9 '9.1 31.7 18.9 40.2 701.56 1.46 699.80 1.44 698.03 1.45 702.17 1.47 705.14 1.47 -32.3 701.56 1.47 21.4 -2.2 -38.2 -4.2 28.6 9.5 52.2 700.03 1.45 699.50 1.48 695.19 1.45 695.32 1.44 697.26 1.46 -47.2 '68.2 "7.8 "52.0 696.87 ' 700.43 '699.61 1.44 1.45 " 1.43 1.7 Prices, Costs, and Profits Sensitive commodity prices: Index of sensitive materials prices, 1982=100 Percent change from previous month . 99* Percent change from previous month, smoothed (L,LsL)f. 98 Index of producer prices for sensitive crude and intermediate materials, 1982=100 (L,L,L). Cattle hides Lumber and wood products Wastepaper, news Wastepaper, mixed NSA . .. Wastepaper corrugated . . . Iron and steel scrap Copper base scrap 23* 120* 19* 16 • 18 • 22 * 81 • 26 • 35 63 62* Other nohferrous scrap, n.e.c., NSA Sand gravel and crushed stone Raw cotton Domestic apparel wool Index of spot market prices, raw industrial materials, 1967=100, NSA (U,L,L)©'. Copper scrap $ per Ib © .... ... Lead scrap, $ per Ib © . . Steel scrap $ per ton© . . Tin $ per Ib © . . . . . Zinc $perlb NSA© Burlap, $ per yd © . . Cotton, $" per Ib. © Print cloth, $ per yd. © Wool tops, $ per Ib., NSA © Hides $ per Ib © Rosin, $ per 100 Ib. © Rubber $ per Ib NSA © Tallow $ per Ib NSA © Consumer Price Index for services, 1982-84=100 Percent change from previous month, AR Percent change from previous month, AR, smoothed (Lg,Lg,Lg) t. Index of stock prices, 500 common stocks, 1941-43=10, NSA (L,L,L). Profits and profit margins*. Corporate profits after tax bil $ AR (L L,L) Corporate profits after tax bil 1982$, AR (L,L,L) Ratio, corporate domestic profits after tax to corporate domestic income, percent (L,L,L). Ratio, corporate domestic profits after tax with IVA and CCAdj to corporate domestic income, percent (U,L,L). Ratio, implicit price deflator to unit labor cost, all persons, nonfarm business sector, 1982=100 (L,L,L). Corporate net cash flow, bil. 1982$, AR (L,L,L) Unit labor costs: Index of unit labor cost, all persons business sector, 1982=100 (Lg,Lg,Lg). Index of labor cost per unit of output, mfg,, 1987=100 Percent change from previous month, AR Percent change from previous month, AR, smoothed (Lg,Lg,Lg)t. 131.88 -.33 .09 130.85 -.49 -43 131.19 .26 -.47 131.02 -.13 -.45 128.54 -1.89 -.63 12587 -2.08 -.93 125.32 -.44 -1.04 12370 -1.29 -1.14 125.36 1.34 -.86 12691 1.24 -.42 140.86 140.59 140.86 141.94 140.07 138.31 137.43 136.79 138.05 141.61 '143.16 213.3 1267 1242 1153 1813 1737 1799 2043 165.2 1228 1058 1378 325.3 2190 1290 1089 1012 1646 1672 1830 1864 158.3 123 1 111 3 1293 325.0 2229 1291 1075 1006 162 1 1647 1873 1884 161.9 1235 116 1 1330 327.0 222.7 131.2 1087 1004 1653 1592 1965 1865 164.2 1237 1216 1320 325.7 225.6 1303 1106 1004 1716 1539 1759 1882 155.3 1239 1204 1340 314.2 229.6 129.7 1085 1015 1778 1526 1572 1833 146.5 1240 1112 1245 301.7 2062 1298 1094 1008 1732 1540 1603 1775 146.0 1239 1059 1212 300.9 2330 1297 1057 81 0 176 1 1509 1576 159 1 138.8 1247 111 0 1053 301.1 2172 1300 1050 806 1700 1561 1698 1578 156.0 1250 1150 1058 304.5 1030 1014 .249 .236 102.439 101.640 4628 4.919 .822 .829 .296 .287 .704 .726 .789 .767 5.250 5.220 1 018 996 63.126 62.812 462 473 138 131 132.7 133.0 2.7 3.7 4.6 4.9 1.031 .244 97.826 4.402 .804 .295 .752 .744 5.180 1035 62.624 461 144 133.6 5.5 4.5 894 .239 96.000 3.665 .761 .284 .719 .719 5.000 1 040 62.500 457 144 134.2 5.5 4.6 768 228 94094 3531 734 .279 .647 .699 4.800 1 052 62.438 449 136 134.9 6.4 4.9 777 236 97143 3543 688 276 .643 .727 4.680 1 085 63.690 448 136 135.7 7.4 5.4 841 258 96836 3378 669 279 .669 .713 4500 1 109 65217 458 142 136.2 4.5 5.6 979 846 883 938 951 990 1 084 234 227 238 263 255 256 226 98000 109566 116303 117647 1 14 757 111 765 111 881 3424 3483 3 588 3372 3449 3318 3459 762 830 810 831 866 874 870 292 .285 284 286 294 291 287 .701 .689 756 .707 .697 735 763 711 .722 713 692 748 729 .731 4.738 5000 5.000 5250 5000 5.000 5.000 1 022 1 032 1 056 978 948 1 039 1 068 65.347 63.370 62 874 63317 64090 64483 64090 460 474 458 457 488 458 460 128 134 121 129 139 133 125 137.1 140.6 139.6 137.9 137.5 141.1 138.8 3.6 8.2 44 81 3.5 8.9 7.1 6.0 5.6 6.0 6.6 6.5 6.0 5.7 347.40 340.22 348.57 339.97 330.45 338.47 958 241 106939 4814 830 283 .639 .710 5.722 1 001 63.958 507 143 131.9 5.0 4.9 322.84 346.61 1726 143.6 5.0 1636 134.2 4.6 347.33 1663 1352 4.5 2207 1316 1064 91 9 1673 1662 1845 1682 164.2 1249 1155 966 310.9 338.18 ' 224 8 1315 '109 1 '920 ' 1676 ' 1770 '1887 '1664 ' 163.7 125 5 1149 862 314.7 350.25 5.2 5.3 4.5 4.6 4.9 104.4 104.1 1037 103 8 406.8 396.9 396.5 3891 3857 118.0 118.2 119.6 121 1 101.7 1.2 .8 101.9 -2.3 1.3 102.7 12.5 2.3 101.2 -16.2 .6 101.6 4.8 .2 101.7 1.2 .1 101.1 -6.9 -.9 127 10 .09 .26 12684 -.20 .24 141.23 141.95 143.02 142.66 223 1 1303 1079 898 161 3 171 6 1778 1666 158.4 1256 1170 843 317.2 2240 1306 1077 898 1535 1697 1894 1688 161.2 125 1 125 1 825 319.7 221 3 130.1 1028 873 1497 1764 2006 1757 168.2 1255 121 4 807 321.1 2153 1296 996 784 1453 1746 2005 1843 172.6 1259 121 2 796 320.0 360.39 360.03 330.75 315.41 ' 101.7 '0 '.3 '101.5 '-2.3 '.1 '101.3 '-2.3 '-.4 " 101.0 "-3.5 '-1.1 166 1 131 1 46 167 1 1334 4.6 104.2 101.7 -2.3 1.0 12698 .32 .19 ' 126 73 12658 '-.12 '-.14 '-.12 .05 1224 101.6 6.1 -.6 101.6 0 -.3 101.7 1.2 .1 1.8 Money and Credit Money: Percent change in money supply Ml (L,L,L) 85* Percent change in money supply M2 (L,C,U) 102* Money supply Ml, bil. 1982$ (L,L,L)..... 105 106* Money supply M2, bil. 1982$ (L,L,L) See footnotes on page C-6. .08 .40 609.9 2,435.2 .17 .64 605.0 2,439.5 .32 .53 605.5 2,446.7 .66 .58 606.7 2,449.5 .16 .61 605.4 2,454.9 0 .42 .68 -.02 .83 .31 -.24 .50 '.87 ".81 .64 '.29 .76 .47 .20 '-.20 '.24 '.16 '.55 ".48 607.2 600.8 602.4 602.6 603.4 601.0 600.9 598.5 ' 598.8 " 599.3 2,461.1 '2,442.2 '2,447.8 '2,448.3 '2,449.4 '2,441.0 ' 2,434.0 ' 2,429.0 ' 2,422.6 "2,416.4 C-4 Series no. SURVEY OF CURRENT BUSINESS Year 1989 Series title and timing classification 1989 October 1990 Aug. Sept. Oct. 1990 Nov. Dec. Jan. Feb. | Mar. | Apr. | May | June | July | Aug. Sept.* 1. CYCLICAL INDICATORS — Continued 1.8 Money and Credit — Continued 107 108 112* 113* 111 110 • 14 39 93 94 119 * 114* 116* 115* 117 118 109 * 66 72 101 • 95* Velocity of money: Ratio GNP to money suppy Ml (C C C) Ratio, personal income to money supply M2 (C,Lg,C) Credit flows: Net change in business loans, bil.$, AR (L,L,L) Net change in consumer installment credit, bil.$, AR (L,L,L). Percent change in business and consumer credit outstanding, AR (L,L,L). Funds raised by private nonfinancial borrowers in credit markets, mil.$, AR (L,L,L). Credit difficulties: Current liabilities of business failures, mil.$, NSA (L,L,L)|. Percent of consumer installment loans delinquent 30 days and over (L,L,L)Ot Bank reserves: Free reserves, mil.S, NSA (L,U,U) $ Member bank borrowings from the Federal Reserve, mil.$, NSA (L,Lg,U). Interest rates (percent, NSA): Federal funds rate (L,Lg,Lg) Discount rate on new issues of 91 -day Treasury bills (C,Lg,Lg). Yield on new issues of high-grade corporate bonds (Lg,Lg,Lg). Yield on long-term Treasury bonds (C,Lg,Lg).. Yield on municipal bonds, 20-bond average (U,Lg,Lg) Secondary market yields on FHA mortgages (Lg,Lg,Lg) Average prime rate charged by banks (Lg,Lg,Lg) Outstanding debt: Consumer installment credit outstanding, mil.$ (Lg,Lg,Lg)v. Commercial and industrial loans outstanding, mil.S, (Lg,Lg,Lg). Commercial and industrial loans outstanding, mil. 1982$ (Lg,Lg,Lg). Ratio, consumer installment credit outstanding to personal income, percent (Lg,Lg,Lg). 6636 i... 1-401 6709 1.398 1.394 1.396 6689 1.396 1.396 1.403 6717 1.401 ' 1.405 1.405 6742 ' 1.413 1.415 ' 1.420 '6757 ' 1.415 ' 1.416 44.20 82.48 42.22 -7.86 26.22 3.97 53.16 -.28 45.23 -.98 32.66 48.34 14.46 56.26 .48 121.45 30.91 5.50 4.68 '-41.65 43.80 '4.61 1.39 '21.34 '56.74 '34.08 "25.04 "91.16 65 _2 -2 31 -28 17 48 66 537 171 535 228 r -2 '-16 p 427 640 498 996 451 360 35,663.6 " 2,960 0 * 1,751.2 P 2 223 9 "20008 " 5 085.4 2.64 2.73 2.88 2.71 2.63 2.64 2.45 2.41 2.46 2.60 2.55 2.55 450 251 267 486 617 677 602 76 687 672 502 239 385 '67 1,141 675 693 555 349 265 440 1,448 2,124 1,628 1,335 881 757 927 "289 "624 9.22 8.12 8.99 7.91 9.02 7.72 8.84 7.63 8.55 7.65 8.45 7.64 8.23 7.64 8.24 7.76 8.28 7.87 8.26 7.78 8.18 7.78 8.29 7.74 8.15 7.66 8.13 7.44 8.20 7.38 9.55 9.09 9.29 9.04 9.20 9.23 9.56 9.68 9.79 10.02 9.97 9.69 9.72 10.01 10.17 8.59 7.23 10.24 10.87 8.26 7.06 9.95 10.50 8.31 7.26 9.94 10.50 8.15 7.22 9.73 10.50 8.03 7.14 9.69 10.50 8.02 6.98 9.72 10.50 8.39 7.10 10.01 10.11 8.66 7.22 10.22 10.00 8.74 7.29 10.30 10.00 8.92 7.39 10.75 10.00 8.90 7.35 10.23 10.00 8.62 7.24 10.18 10.00 8.64 7.19 10.11 10.00 8.97 7.32 10.28 10.00 9.11 7.43 10.24 10.00 717,829 717,869 724,601 '729,329 "731,416 716,624 703,518 705,703 710,133 713,903 716,624 720,445 720,835 436,323 448,583 447,928 448,259 448,236 448,154 452,182 456,870 466,991 467,449 388,688 400,521 398,512 397,393 397,725 396,596 393,544 409,684 ' 404,867 '406,622 '407,822 '402,558 "402,855 15.94 15.99 16.00 15.97 15.94 15.84 226.1 202.0 228.4 '203.1 15.99 399,362 408,924 724,485 r 463,978 '464,362 '466,140 '468,980 "476^77 15.74 15.68 15.66 15.68 15.61 '15.64 " 15.65 234.8 '200.0 233.7 ' 202.2 231.8 '201.9 231.1 204.1 '232.8 '204.2 ' 232.5 ' 203.0 '234.9 ' 203.8 1.9 Alternative Composite Indexes 990* CIBCR long-leading composite index, 1967=100 ' § 991 • CIBCR short-leading composite index, 1967=100 ' § 229.5 203.9 230.0 ' 203.3 234.0 202.3 235.4 ' 201.6 238.9 '200.5 "237.2 ' 202.8 2. OTHER IMPORTANT ECONOMIC MEASURES 2.1 Savings 290 295 292 298* 293* Gross saving bil $, AR . . . Business saving, bil.$, AR Personal saving, bil.$, AR... Government surplus or deficit, bil.$, AR Personal saving rate percent . . . 691.5 607.5 171.8 -87.8 4.6 692.4 621.4 154.5 -83.6 4.1 674.8 612.3 174.1 -111.6 46 6648 603.7 191.3 -130.2 4.9 679.3 611.6 195.1 -127.3 " 159.4 129.5 4.8 131.3 131.0 4.7 132.5 "132.1 "3.4 " 133.8 p"40 5.0 2.2 Prices, Wages, and Productivity 310 311 * 320 * 323 • 336 * 337 * 334 * 333 * 332 * 331 • Price Movements Implicit price deflator for gross national product, 1982=100... Percent change from previous quarter, AR Fixed-weighted price index, gross domestic business product, 1982=100. Percent change from previous quarter AR Consumer Price Indexes for all urban consumers: All items, 1982-84=100, NSA Percent change over 1-month span Percent change over 6-month span, AR All items less food and energy, 1982-84=100 Percent change over 1 -month span Percent change over 6-month span, AR Producer Price Indexes: Finished goods, 1982=100 Percent change over 1-month span Percent change over 6-month span, AR Finished goods less foods and energy, 1982-100 Percent change over 1-month span Percent change over 6-month span AR .. . Finished consumer goods 1982-100 Percent change over 1 -month span Percent change over 6-month span, AR Capital equipment 1982-100 Percent change over 1-month span Percent change over 6-month span, AR Intermediate materials, supplies, and components, 1982=100. Percent change over 1-month span Percent change over 6-month span, AR Crude materials for further processing, 1982=100 Percent change over 1-month span Percent change over 6-month span, AR See footnotes on page C-6. 126.3 4.1 127.5 128.0 3.8 129.2 126.8 3.2 128.1 :ii:z: 4.5 3.0 124.0 .4 4.9 129.0 .4 4.5 124.6 0 3.3 129.7 .2 4.1 125.0 .2 3.6 130.1 .3 4.1 125.6 .5 5.2 130.7 .5 4.5 125.9 .3 6.2 131.2 .4 5.3 126.1 .4 6.7 131.6 .3 6.1 127.4 1.1 6.0 132.4 .6 5.6 128.0 .5 5.6 133.1 .5 5.4 128.7 .5 5.9 134.0 .7 5.7 128.9 .2 4.4 134.3 .2 5.7 129.2 .2 5.1 134.7 .3 5.6 129.9 .5 5.7 135.3 .4 4.8 130.4 .4 131.6 .8 132.7 .8 136.1 .6 136.8 .5 137.2 .3 113.6 .4 5.0 122.1 .4 4.1 112.1 .4 5.5 118.8 .3 3.7 112.0 113.3 -.3 1.6 122.7 .5 3.8 111.6 -.4 .7 119.3 .3 3.9 111.8 114.1 .7 2.6 123.2 .4 3.3 112.5 .8 2.3 120.1 .7 3.2 112.2 114.7 .5 7.3 123.5 .2 4.0 113.3 .7 8.9 120.0 -.1 3.4 112.4 114.8 .1 7.9 123.8 .2 3.6 113.3 0 9.5 120.4 .3 3.6 112.2 115.5 .6 6.0 124.3 .4 3.6 114.1 .7 7.1 120.7 .2 3.0 112.2 117.7 1.9 4.6 124.5 .2 3.3 117.0 2.5 5.0 120.9 .2 3.4 113.6 117.7 0 4.6 124.9 .3 '3.4 116.8 -.2 5.2 121.4 .4 '2.8 112.7 117.5 -.2 3.7 125.4 .4 3.7 116.4 -.3 3.9 121.9 .4 2.8 112.8 117.3 -.2 -.3 125.5 .1 3.2 116.1 -.3 -1.5 122.0 .1 3.2 112.9 117.4 .1 2.2 ' 125.9 '.3 3.2 116.2 .1 2.1 ' 122.1 '.1 3.0 '113.0 117.6 .2 5.9 126.6 .6 3.7 116.3 .1 6.5 122.4 '.2 3.8 112.6 117.5 -.1 119.0 1.3 120.9 1.6 126.5 -.1 126.9 .3 127.7 .6 116.1 -.2 118.0 1.6 120.1 1.8 122*8 .3 123.2 .3 124"2 .8 112.6 114.1 116.2 .2 2.2 103.1 .6 6.0 -.3 -.7 101.1 -2.3 -2.5 .4 -.2 102.3 1.2 2.7 .2 2.7 102.6 .3 6.9 -.2 1.6 103.2 .6 12.6 0 1.1 104.7 1.5 7.2 1.2 .9 107.0 2.2 1.0 -.8 '1.4 107.3 .3 '-.4 .1 .7 105.9 -1.3 -8.6 .1 -1.8 103.1 -2.6 -11.4 M 2.5 ' 103.0 '-.1 5.3 '-.4 6.1 100.1 '-2.8 18.3 0 3.7 6.3 3.7 "40 100.7 .6 1.3 1.8 110.1 9.3 115.2 4.6 Series no. C-5 SURVEY OF CURRENT BUSINESS October 1990 Year 1989 1990 Series title and timing classification 1989 Aug. Oct. Sept. Nov. Dec. Jan. | Feb. Mar. Apr. | May June July | Aug. Sept. * 2. OTHER IMPORTANT ECONOMIC MEASURES — Continued 2.2 Prices. Wages, and Productivity — Continued Wages and Productivity Index of average hourly compensation, all employees, nonfarm business sector, 1982=100. Percent change from previous quarter, AR Index of real average hourly compensation, all employees, nonfarm business sector, 1982=100. Percent change from previous quarter, AR Index of output per hour, all persons, business sector, 345 346 370 f 4 358 Percent change over 1 -Quarter span AR . ...... Percent change over 4-quarter span AR Index of output per hour all persons nonfarm business sector, 1982=100. 131.8 132.1 133.0 134.1 3.0 1.7 2.7 3.2 5.6 102.6 102.3 102.0 100.8 101.3 -1.8 112.8 -11 1128 -1.3 112.3 -4.5 111.9 112.3 -.2 -8 -15 -12 -2.0 111 9 1120 1114 135.9 1.9 -1.5 1.7 110.8 in 2 -8 2.3 Labor Force and Employment 441 442 Civilian labor force, thous Civilian employment, thous Civilian labor force participation rates (percent): Males 20 years and over Females 20 years and over Both sexes 16-19 years of age 451 452 453 '. 123,869 117,342 124,070 117,550 124,023 117,419 124,148 117,585 124,488 117,836 124,546 117,888 124,397 117,863 124,630 118,035 124,829 118,334 124,886 118,116 125,004 118,350 124,836 118,389 124,767 117,953 124,660 117,658 124,967 117,898 78.1 77.7 58 1 52.4 77.7 58 1 50.9 779 77.9 780 78.0 78.0 781 77.8 77.9 77.9 779 577 577 575 578 578 578 579 579 580 55.9 56.5 55.7 56.3 56.6 56.1 55.2 55.1 56.4 55.4 77.9 58.1 54.6 77.9 577 29,228 " 35,483 12,887 209,027 ' 214,526 11,056 13,392 15,840 13,865 9,142 581 52.9 579 53.1 2.4 Government Activities Defense indicators: Defense Department gross obligations incurred, mil.$ 517 Defense Department prime contract awards, mil.$ 525 543 Defense Department gross unpaid obligations outstanding, mil.$ 0. Manufacturers' new orders, defense products, mil.$ 548 Index of industrial production, defense and space 557 equipment, 1987=100. Employment, defense products industries, thous 570 Federal Government purchases of goods and services 564 * national defense, bil.$, AR. 31,145 26,377 214,486 218,190 211,677 10,639 98.9 9,571 96.6 11,267 96.7 9,770 96.6 6,488 97.5 7,676 97.6 8,023 97.5 8,406 97.3 10,081 97.6 7,879 '97.6 '7,475 '97.9 ' 8,372 97.4 1,251 3063 1,251 1,248 1,250 2992 1,251 1,251 1,251 3072 1,247 1,245 1,241 3096 1,236 ' 1,228 " 1,217 "311 1 30,181 363,808 3,300 41,647 6,290 73,118 473,211 40,509 4,227 49,373 5,426 69,679 89,349 360,465 475,329 119,152 -114,864 -29 803 30,129 3,213 6,413 38,897 4,000 6,215 31,575 3,270 6,779 38,672 5,126 5,432 96,262 122,545 -26,283 33,264 3,500 6,883 41,636 5,158 6,489 32,058 3,282 6,661 39,364 3,988 5,433 32,773 3,354 6,964 40,543 4,095 5,804 " 96,741 "119,316 " -22,575 34,218 '32,120 3,182 3,709 7,104 7,072 39,560 '41,244 3,594 3,563 6,098 5,855 32,632 3,322 6,767 41,970 4,365 6,179 360,980 29,634 209,027 217,509 107,325 97.4 7,956 98.9 1,253 301 1 30,232 9,765 " 13,882 "7,814 "97.0 2.5 U.S. International Transactions Exports, excluding military aid shipments, mil.$ , Exports of domestic agricultural products, mil $ 606 Exports of nonelectrical machinery, mil.$ 612 General imports mil.$ 614 Imports of petroleum and petroleum products, mil.$ 616 Imports of automobiles and parts, mil. $ 618 * Merchandise exports, adjusted, excluding military, mil.$ ' 620 • Merchandise imports, adjusted excluding military, mil.$ ' . 622 Balance on merchandise trade mil $ ' 602 604 31,436 3,261 6,412 41,589 4,141 5,894 30,618 3,388 6,230 40,530 4,154 5,705 91,738 120,484 -28,746 31,261 3,173 6,443 38,058 4,270 5,655 31,372 3,543 7,001 41,570 5,881 5,203 2.6 International Comparisons 47* 721* 728* 725* 726* 722* 727* 723* 320 738 • * 735 • 736 • 732 • 737 733 • • Industrial Production Indexes (1987=100) United States OECD, European countries 2 Japan > Federal Republic of Germany France . . United Kingdom Italy Canada § Consumer Price Indexes (1982-84=100) United States NSA Percent change over 6-month span AR Japan NSA Percent change over 6-month span AR Federal Republic of Germany NSA Percent change over 6-month span, AR France NSA Percent change over 6-month span, AR United Kingdom NSA Percent change over 6-month span AR Italy NSA Percent change over 6*month span, AR Canada, NSA Percent change over 6-month span, AR Stock Price Indexes (1967=100, NSA) United States 19* 748* 745* Federal Republic of Germany 746* 742* United Kingdom 747* Italy 743* Exchange Rates value of U.S. dollar, index: March 1973=100, 750* Exchange NSA 3 . Foreign currency per U.S. dollar (NSA): Japan (yen) 758* Federal Republic of Germany (d. mark) 755* France (franc) 756* United Kingdom (pound) 752* Italy (lira) 757* Canada (dollar) . . . 753* .. . ^^^^^..^—i~ii:::ii:i::i::ii. See footnotes on page C-6. '110.3 '110.4 ' 123.2 "115 " 123.7 108.1 108 115.8 108 108 104 110.2 105.1 108.2 109 116.7 110 109 105 109.6 ' 105.3 108.2 109 116.1 110 108 105 111.4 ' 105.2 107.7 109 116.4 110 109 105 111.7 '104.0 108.1 '110 116.7 110 109 104 112.4 '104.5 108.6 110 116.9 111 108 105 115.5 '104.8 107.5 110 116.9 112 109 104 108.2 ' 102.5 108.5 109 117.0 111 107 103 112.4 ' 102.4 108.9 111 118.8 112 108 '105 111.3 ' 102.6 108.8 109 117.9 110 109 107 110.4 ' 102.3 109.4 110 121.0 113 109 106 '108.1 ' 102.7 '110.1 "111 121.1 113 "109 108 "109.3 103.1 124.0 4.9 108.1 3.1 109.2 2.9 128.7 3.5 135.3 7.8 150.4 6.3 129.3 5.3 124.6 3.3 108.3 1.3 109.2 1.8 129.2 3.1 136.1 7.4 150.9 5.4 130.5 4.4 125.0 3.6 109.2 1.3 109.4 2.4 129.5 3.5 137.0 7.1 151.6 5.5 130.7 3.1 125.6 5.2 110.0 2.0 109.7 2.8 130.1 3.4 138.1 7.2 153.1 5.4 13 1.2 4.8 125.9 6.2 108.9 3.3 109.9 3.5 130.3 3.3 139.2 7.9 153.7 6.0 131.6 5.1 126.1 6.7 109.0 2.6 110.2 3.1 130.5 3.4 139.6 8.8 154.4 6.3 131.5 4.6 127.4 6.0 109.2 1.7 110.9 2.4 130.8 2.9 140.4 11.6 155.3 5.7 132.7 4.2 128.0 5.6 109.5 3.7 111.3 2.6 131.1 2.8 141.2 12.4 156.5 5.7 133.4 4.1 128.7 5.9 109.9 3.0 111.4 2.2 131.6 2.6 142.6 12.8 157.1 5.6 133.9 5.2 128.9 4.4 110.8 2.6 111.6 1.8 132.1 2.9 147.0 12.4 157.7 6.0 133.9 3.3 129.2 5.1 111.6 2.4 111.8 2.0 132.3 3.7 148.3 13.4 158.0 129.9 5.7 111.0 130.4 131.6 110.9 111.4 111.9 2.9 132.6 111.9 112.2 132.9 133.7 148.9 12.8 158.7 149.0 150.5 151.9 134.6 '3.2 135.1 3.6 135.8 ' 135.9 136.3 351.2 2,326.1 310.5 866.0 1,062.9 451.1 429.5 377.0 2,382.7 328.6 904.1 1,151.1 506.4 453.1 377.8 2,378.2 338.2 934.0 1,156.5 510.8 445.5 377.9 2,416.1 327.0 902.3 1,064.4 464.5 442.8 370.1 2,468.4 318.1 855.5 1,055.4 450.2 445.5 379.2 2,589.4 343.1 909.7 1,114.4 453.8 448.6 369.8 2,498.2 370.8 900.4 1,123.4 466.0 418.6 359.5 2,427.8 384.6 856.2 1,086.7 440.1 416.6 368.2 2,175.1 396.3 872.4 1,060.8 439.9 411.2 367.9 1,959.4 399.5 938.4 1,031.9 455.3 377.5 381.0 2,142.6 389.5 949.5 1,048.2 468.9 404.7 392.0 2,065.0 385.3 932.2 1,118.0 485.6 400.4 98.52 100.44 1.01.87 98.92 97.99 94.88 93.00 92.25 94.11 93.51 92.04 92.43 "110.7 "104 103.8 " 102.7 132.7 112.6 159.3 359.8 391.6 343.1 2,119.1 ' 1,833.0 " 1,630.5 393.7 " 347.9 "310.2 796.5 "714.6 899.7 1,109.6 '457.4 '"397.6 " 366.3 378.1 "357.0 402.4 89.68 86.55 86.10 142.21 154.04 145.69 144.98 143.53 141.49 137.99 158.46 143.69 145.07 138.44 147.46 149.04 153.70 153.31 1.8662 1.6758 1.6914 1.8300 1.9502 1.6630 1.7378 1.9268 1.8792 1.5702 1.6832 1.6863 1.7053 1.5701 1.6375 6.3339 6.2225 5.9391 5.7568 6.5085 6.5855 5.6638 5.5989 5.6897 6.3753 5.2680 5.7555 5.6613 5.4924 5.2575 .6359 .6300 .5962 .6108 .5896 .6056 .6264 .6111 .5260 .6156 .6363 .6271 .5321 .5847 .5525 1,371.31 1,384.24 1,404.18 1,369.24 1,343.83 1,291.93 1,261.87 1,243.68 1,257.67 1,238.38 1,221.93 1,235.60 1,199.65 1,157.07 1,172.87 1.1697 1.1749 1.1841 1.1720 1.1828 1.1758 1.1448 1.1747 1.1641 1.1800 1.1965 1.1613 1.1570 1.1730 1.1583 C-6 SURVEY OF CURRENT BUSINESS October 1990 FOOTNOTES FOR PAGES C-l THROUGH C-5 a AR c © e * Anticipated. Annual rate. Corrected. Copyrighted. Estimated. Available data for later period(s) listed in notes. NSA p r • § o Not seasonally adjusted. Preliminary. Revised. Graph included for this series. Major revision-see notes. End of period. L,C,Lg,U Cyclical indicator series are classified as L (leading), C (coincident), Lg (lagging), or U (unclassified) at reference cycle peaks, troughs, and overall. Series classifications are shown in parentheses following the series titles. $ Cyclical indicator series denoted by $ are inverted (i.e., the sign is reversed) for cyclical analysis calculations, including classifications, contributions to composite indexes, and current high values, t Cyclical indicator series denoted by t are smoothed by an autoregressive-moving-average filter developed by Statistics Canada. For information on composite indexes and other concepts used in this section, see "Composite Indexes of Leading, Coincident, and Lagging Indicators" in the November 1987 issue of the SURVEY OF CURRENT BUSINESS (pages 24-27) and "Business Cycle Indicators: Revised Composite Indexes" in the January 1989 issue of the SURVEY (pages 23-28). References to series in this section use the prefix "BCI-" followed by the series number. Unless otherwise noted, series are seasonally adjusted. Percent change data are centered within the spans: 1-month changes are placed in the ending month, 3-month changes are placed in the 3d month, 6-month changes are placed in the 4th month, 1-quarter changes are placed in the ending quarter, and 4-quarter changes are placed in the 3d quarter. Diffusion indexes are defined as the percent of components rising plus one-half of the percent of components unchanged. High values reached by cyclical indicators since the last reference cycle trough (November 1982) are shown in boldface type; high values reached prior to the period shown in the table are listed in the notes. For inverted series, low values are indicated as highs. Sources for series in this section are shown on pages C-47 and C-48. Page C-l NOTE 1.—The following series reached its current high value before August 1989: BCI-940 (116.1) in January 1984. NOTE 2.—Major data revisions: The composite indexes (BCI-910, -920, -930, and -940), their percent changes, and the contributions of their components have been revised from January 1985 through August 1990 to incorporate revised data for component series. These revisions do not involve changes in the components of the indexes or changes in the standardization or trend factors. In addition, the diffusion indexes based on the composite index components (BCI-950, -951, and -952) have been recomputed from 1985 forward. Historical data for these composite and diffusion indexes and their components are shown on pages C-25 through C-44. Further information concerning these revisions may be obtained from the U.S. Department of Commerce, Bureau of Economic Analysis, Business Outlook Division, Washington, DC 20230. 1. Excludes BCI-57, for which data are not available. 2. Excludes BCI-77 and BCI-95, for which data are not available. Page C-2 NOTE.—The following series reached current high values before August 1989: BCI-1 (41.2) in November 1988; BCI-21 (4.0) and BCI-122 (120.7) in February 1989; BCI-5 (290) and BCI53 (568.0) in October 1988; BCI-46 (162) in November 1987; BCI-60 (0.736), BCI-7 (113.53), and BCI-8 (92.64) in December 1988; BCI-40 (25,399) and BCI-82 (85.1) in January 1989; BCI-37 (6,198), BCI-43 (5.0), and BCI-12 (128.0) in March 1989; BCI-45 (2.0) in May 1989; BCI-91 (11.2) and BCI-44 (1.0) in June 1989; BCI-49 (1,838.5) and BCI-97 (117.90) in 2d Q 1989; BCI-124 (85.0) in April 1989; BCI-92 change (8.31), BCI-92 smoothed (4.40), BCI-58 (101.0), and BCI-83 (97.7) in March 1984; BCI-32 (67.5) in November 1983; BCI-123 (124.3) in May 1983; BCI-13 (65,318) in December 1986; BCI-9 (93.19) in September 1985; and BCI-11 (50.01) in 1st Q 1989. 1. Data exclude Puerto Rico, which is included in figures published by the source agency. 2. Copyrighted. This series may not be reproduced without written permission from the University of Michigan, Survey Research Center, P.O. Box 1248, Ann Arbor, MI 48106-1248. 3. Copyrighted. This series may not be reproduced without written permission from McGrawHill Information Systems Company, F.W. Dodge Division, 1221 Avenue of the Americas, New York, NY 10020. Page C-3 NOTE.—The following series reached current high values before August 1989: BCI-87 (151.4) in 2d Q 1985; BCI-28 (2,260) and BCI-29 (158.5) in February 1984; BCI-89 (200.3) in 4th Q 1986; BCI-30 (83.4) and BCI-22 (6.9) in 1st Q 1984; BCI-31 (93.7) in October 1987; BCI-77 (1.58), BCI-62 index (104.4), and BCI-62 change (29.1) in March 1986; BCI-99 index (135.64) in March 1989; BCI-99 change (3.21) in August 1983; BCI-99 smoothed (2.09) in November 1983; BCI-23 (335.0) in April 1989; BCI-16 (189.1) and BCI-18 (163.8) in 4th Q 1988; BCI-81 (8.6) in 3d Q 1985; BCI-35 (433.1) in 3d Q 1988; BCI-62 smoothed (6.3) in January 1985; BCI-85 (2.66) in December 1986; BCI-102 (2.67) in January 1983; BCI-105 (637.4) in July 1988; and BCI-106 (2,472.5) in June 1988. * Preliminary October values: BCI-23 = 314.5, BCI-19 = 305.79, BCI-85 = 0.37; anticipated 4th quarter values: BCI-61 = 538.61, BCI-100 = 530.65. 1. Copyrighted. This series may not be reproduced without written permission from Commodity Research Bureau, Inc., 75 Wall Street, 22d Floor, New York, NY 10005. Page C-4 NOTE 1.—The following series reached current high values before August 1989: BCI-107 (7.034) in 4th Q 1984; BCI-113 (132.08) in September 1985; BCI-111 (23.2), BCI-116 (14.49), BCI-115 (13.00), and BCI-117 (10.67) in June 1984; BCI-110 (869,764) in 4th Q 1985; BCI-14 (829.2) in July 1983; BCI-39 (1.78) in February 1984; BCI-93 (-2,380), BCI-94 (8,017), BCI119 (11.64), BCI-114 (10.49), and BCI-109 (13.00) in August 1984; BCI-118 (15.01) in May 1984; and BCI-95 (16.02) in January 1989. NOTE 2.—Major data revision: CIBCR long-leading and short-leading composite indexes (BCI-990 and BCI-991) have been revised by the source agency from 1948 forward to incorporate revised data for component series. Further information concerning these revisions may be obtained from the source. (See footnote 1 for address.) * Preliminary October values: BCI-119 = 8.10, BCI-114 = 7.19, BCI-116 = 10.08, BCI-115 = 8.94, BCI-117 = 7.49, and BCI-109 = 10.00. 1. These indexes are compiled by the Center for International Business Cycle Research (CIBCR), Graduate School of Business, Columbia University, New York, NY 10027. Page C-5 NOTE.—Major data revision: The index of industrial production for Canada (BCI-723) has been revised by the source agency from 1961 forward. This revision reflects the reweighting of the basic data to a 1986 base year and the application of new seasonal adjustment factors. Further information concerning this revision may be obtained from Statistics Canada, Industry Product Division, Ottawa K1A OV5, Canada. * Preliminary October values: BCI-19 = 332.6, BCI-748 = 1,612.2, BCI-745 = 299.3, BCI746 = 701.1, BCI-747 = 352.2, BCI-743 = 340.9, BCI-750 = 83.47, BCI-758 = 129.66, BCI-755 = 1.5249, BCI-756 = 5.1068, BCI-752 = 0.5141, BCI-757 = 1,142.38, and BCI-753 = 1.1590. 1. Balance of payments basis: Excludes transfers under military grants and Department of Defense sales contracts (exports) and Department of Defense purchases (imports). 2. Organisation for Economic Co-operation and Development. 3. This index is the weighted-average exchange value of the U.S. dollar against the currencies of the other G-10 countries plus Switzerland. Weights are the 1972-76 global trade of each of the 10 countries. For a description of this index, see the August 1978 Federal Reserve Bulletin (p. 700). C-7 SURVEY OF CURRENT BUSINESS October 1990 Composite Indexes July May P T Aug.Apr. P T Apr. Feb. P T Dec. Nov. P T Nov Mar. P T Jan. July July F T P Nov T Index: 1982=100 910. Composite index of 11 leading indicators (series 1,5,8,19,20,29,32,83,92,99,106} 920. Composite index of 4 coincident indicators (series 41,47, St. 57T 8 930. Composite index of 7 lagging indicators (series 62,77,91,95,1M, 109,120) jtS3 +1 940. Ratio, coincident index to lagging index 195354 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 891990 NOTE.—The numbers and arrows indicate length of leads (-) and lags (+) in months from business cycle turning dates. Current data for these series are shown on page C-1. C-8 SURVEY OF CURRENT BUSINESS October 1990 INDICATORS Composite Indexes: Rates of Change July May P T Aug. Apr. P T Dec. Nov. P T Apr. Feb. P T Nov. Mar. P T Jan. July July Nov. P T P T Percent change at annual rate 91 Oc. Composite index of 11 leading indicators 1-month span • 3-month span • 920c. Composite index of 4 coincident indicators 930c. Composite index of 7 lagging indicators Composite Indexes: Diffusion Percent of components rising 950. Diffusion index of 11 leading indicator components 1-month span6-month span • 951. Diffusion index of 4 coincident indicator components 952. Diffusion index of 7 lagging indicator components 195354 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 891990 NOTE—Current data for these series are shown on page C-1. SURVEY OF CURRENT BUSINESS October 1990 Composite Indexes: Leading Index Components July May P T Aug. Apr. P T Apr. Feb. P T Dec. Nov. P T Npv. Mar. P T Jan. July July Nov. P T P T 1. Average weekly hours o( product ion or npnsupervisory workers, manufadtffing (hours) luTI 5. Average weekly initial claims for unemployment insurance, State programs (thousands—Inverted scale) 8. Manufacturers' new orders in 1982 dollars, consumer goods and materials industries (bil. dol.) fpT] 32. Vendor performance—slower deliveries diffusion index (percent) [1,1,11 20. Contracts and orders for plant and equipment in 1982 dollars 195354 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 891990 NOTE.—Current data for these series aie shown on page C-2. C-9 C-10 SURVEY OF CURRENT BUSINESS October 1990 Composite Indexes: Leading Index Components-Continued July May P T Aug. Apr. P T Apr. Feb: P T Dec. Nov. P T Nov. Mar. P T Ian. July July Nov. F T P T 29. New private housing units authorized by local building permits (index: 1967=100) 92. Change in manufacturers' unfilled orders in 1982 dollars, durable goods industries, smoothed1 (bil. dot.) S3 99. Change in sensitive materials prices, smoothed1 (percent) 19. Stock prices, 500 common stocks (Index: 1941-43=10) 106. Money supply M2 in 1982 dollars (bil. dot.) 83. Consumer expectations, U. of Michigan2 (index: 1966:1=100) 195354 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 891990 1. This series is smoothed by an autoregressfve-moving-average filter developed by Statistics Canada. 2. This is a copyrighted series used by permission; it may not be reproduced without written permission from the University of Michigan, Survey Research Center. NOTE.—Current data for these series are shown on pages C-2 and C-3. October 1990 C-ll SURVEY OF CURRENT BUSINESS Composite Indexes: Coincident Index Components July May P T Aug. Apr. P T Apr. Feb. P T Dec. Nov. P T Nov. Mar. P T Jan. July July Nov. F T P T 41. Employees on nonagricultural payrolls {millions) cZc 51. Personal income less transfer payments in 1982 dollars (ann. rate, bB, dol.) |c,C,C 47. Industrial production (index: 1987=100) 57. Manufacturing and tide sales in 1982 dollars (bll. dol.) J* 195354 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 891990 NOTE.—Current data for these series are shown on page C-2. C-12 SURVEY OF CURRENT BUSINESS October 1990 Composite Indexes: Lagging Index Components July May P T ^ug. Apr. F T Apr. Feb. P T Dec. Nov. P T Nov. Mar. P T Jan. July July Nov. P T P T 91. Average duration of unemployment (weeks—inverted scale) |Lg,lgt 77. Ratio, manufacturing and trade inventories to sales in 1982 dollars (ratio) |Lg,Lg,Lg| 62. Change in index of labor cost per unit of output, manufacturing, smoothed1 (ann. rate, percent) " " " ~ ~ ~ 109. Average prime rate charged by banks (percent) 101. Commercial and industrial loans outstanding in 1982 dollars - Ratio, consumer installment credit outstanding to personal income (percent) |Lg,Lg,Lg| 120. Change in Consumer Price Index for services, smoothed' (ann. rate, percent) |ig,ig,L 195354 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 891990 1. This series is smoothed by an autoregressive-moving-average filter developed by Statistics Canada. NOTE.—Current data for these series are shown on pages C-2, C-3, and C-4. C-13 SURVEY OF CURRENT BUSINESS October 1990 Employment and Unemployment Dec. Nov. P T 21. Average weekly overtime hours of production or nonsupervisory workers, manufeetarfng (hours) 46. Help-wanted advertising in newspapers (index: 1967=100) 48. Employee hours in nonagricultural establishments (arm, rate, bil. hours) [ u^c 40. Employees on nonagricultural payrolls, goods-producing f population of working age (percent) - -j ^ ^\.yv j J *5A i v ^ /s/^r/^^ ; A/ Vy ~j*~^fr' ~ •— p^s ^* \J S 43. Civilian unemployment rate (percent—inverted scale) 1964 65 66 67 68 69 70 71 MOTE.—Current data lot these senes are stow on page C-2. 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 1991 C-14 SURVEY OF CURRENT BUSINESS October 1990 CYCLICAL INDICATORS Production and Income Dec. P Nov. T Nov. P Jan. July F T Mar. T July P Nov. T 50. Gross nations* product in 1982 dollars, Q (ann. rate, bii. dol.) ! 53. Wages and salaries in 1982 dollars, mining, manufacturing, and (ann. rate, bil. dol.) |c,C, 73. Industrial production, durable manufactures (index: 1987=100) Capacity utilization rate, manufacturing (percent) | L,C,U 1964 65 66 67 68 69 70 71 NOTE.—Current data for these series are shown on page C-2. 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 1991 *- SURVEY OF CURRENT BUSINESS October 1990 C-15 CYCLICAL INDICATORS Consumption, Trade, Orders, and Deliveries Nov. P Dec. Nov. P T Jan. July F T July P Nov. T 7. Manufacturers' new orders* 1 durable goods industries (bw dol. 75. Industrial production, consumer goods 59. Sates of retail stores in 1982 dolla 123. Consumer expectations, The Conference Board (Index: 1985=100) 1964 65 66 67 68 69 70 71 NOTE.—Current data for these series are shown on page C-2. 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 1991 C-16 SURVEY OF CURRENT BUSINESS October 1990 Fixed Capital Investment Jan. July P T Dec. Nov. P T July P Nov. T 12. Net business formation (index: 1967=100) . _^_^ , , _ 13, Number of new business incorporations (thousands) nui 27. Manufacturers' new orders in 1982 dollars, nondefense capital goods industries (bil. dol.) 9. Construction contracts awarded for commercial and industrial buildings1 (mil. sq. ft. of floor space; 5-term moving avg.) 1964 65 66 67 68 69 70 71 72 73 74 75 76 77 78 1. This is a copyrighted series used by permission; it may not be reproduced without written permission from McGraw-Hill Information Systems Company, F.W. Dodge Division. NOTE.—Current data for these series are shown on page C-2. 79 80 81 82 83 84 85 86 87 88 89 90 1991 SURVEY OF CURRENT BUSINESS October 1990 C-17 CYCLICAL INDICATORS Fixed Capital Investment-Continued Dec. Nov. P T Nov P Jan. July P T Mar T July P Nov. T 100. New plant and equipment expenditures by business in 1982 dollars, Q (arm. rate, bil, dot.) 500 -j 69. Manufacturers' machinery and equipment sales and business construction expenditures (ann. rate, bil. dol.) 300 140- 76. Industrial production, business equipment (index: 1987=100) C,lg,Ul ' —— 8SM Gross private nonresidential fixed investment in 1982 dollars— (ann. rate, bit. dol.) 88. Producers' durable equipment, Q fC,Lg,G 1964 65 66 67 68 69 70 71 NOTE.—Current data for these series are shown on page C-3. 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 1991 C-18 SURVEY OF CURRENT BUSINESS October 1990 CYCLICAL INDICATORS Fixed Capital Investment-Continued Dec. P Nov. T Nov. P Jan. July P T Mar. T July P Nov. T 28. New private housing un Inventories and Inventory Investment 30. Change in business Inventories in 1982 (arm, rate, oil. dol.) [i 31. Change in manufacturing and trade inv , (ann. rate, bil. dol.; 6-term moving avg.) |I,L,L 1964 65 66 67 68 69 70 71 NOTE.—Current data for these series are shown on page C-3. 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 1991 C-19 SURVEY OF CURRENT BUSINESS October 1990 CYCLICAL INDICATORS Prices, Costs, and Profits Nov. P Dec. Nov. P T Mat. T Jan. July F T July P Nov. T materials index: 1967=100) 23. Spot market prices, raw on 18. Corporate profits after tax in 16. Corporate profits after tax in current dollars, Q (arm, rate, bil. dot.) 22. Ratio, corporate domestic income, Q (percent) 81. Ratio, corporate domestic profits after tax with IVA and CCAdj to corporate domestic $js|me, Q (percent}"**" ED .£: =x^£± / 26. Ratio, implicit price deflator to unit labor cost, nonfarm business YQ (index: l982s1W) [uJ] 1964 65 66 67 68 69 70 71 72 73 74 75 76 77 78 IVA Inventory valuation adjustment. CCAdj Capital consumption adjustment. 1. From June 1981 forward, this is a copyrighted series used by permission; it may not be reproduced without written permission from Commodity Research Bureau, Inc. NOTE.—Current data for these series are shown on page C-3. 79 80 81 ^ 82 83 84 85 86 87 88 89 90 1991 C-20 SURVEY OF CURRENT BUSINESS October 1990 Money and Credit Dec. Nov. P T 85. Change in money supply M1 (percent; 6-term moving avg.) 023 4—^—L —4L44-4~ 102. Change in money supply M2 (percent; 6-term moving avg.) !> ,t\ "~ ~~^r^A^^~ _^T\^^%~~ , >h ^ IA. ^~j^^/n\~rr~'^T~ <?*_.• -( ^^-^v^^^y^^^^fT^^^ 112. Net change in business loans (ann. rate, bit. do).; 6-term moving avg.) 113. Net change in consumer installment credit (ann. rate, bil. dol.; 6-term moving avg.) 110. Funds raised by private nonfinancial borrowers in credit markets, Q (ann. rate, bil. dol.) 1964 65 66 67 68 69 70 71 72 NOTE.—Current data for these series are shown on pages C-3 and C-4. 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 1991 SURVEY OF CURRENT BUSINESS October 1990 C-21 Money and Credit-Continued It, U I f J. -I ! 119. Federal funds rate (percent) 14 -j 13- \ 11109- 114. Discount rate on new issues of 91-day Treasury bills (percent) c.Lg.l 116. Yield on new issues of high-grade corporate bonds (percent) 1 ' ™f 115. Yield on long-term Treasury bonds (percent) Alternative Composite Indexes 990. CIBCR long-leading composite index (1967=100) 991. CIBCR short-leading composite index (1967=100) 1964 65 66 67 68 69 70 71 72 73 CIBCR Center for International Business Cycle Research (Columbia University). NOTE—Current data for these series are shown on page C-4. 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 1991 '^"' C-22 October 1990 SURVEY OF CURRENT BUSINESS oiiSi lPom*Nf Other Measures Price Movements Jan. July P T July P Nov. T Percent change at annual rate 311c. Fixefrwelghtetfirlce Index, gro$s domestic business product (1-Q span) 293. Personal saving rate, Q (percent) Consumer Price Indexes for all urban consumers— 298. Government surplus or deficit. Q (ann. rate, bil. dol.) j ! 323c. All Items less food and energy Producer Price Indexes— 336c. Finished goods " "~ 370c. Change In output per hour, all persons, business sector (ann. rate, percent) 337c. Finished goods less foods and energy 1-quarter span 3Sfe, Finished consumer goods """" _______ __—__. 1 564. Federal Government purchases of goods and services, national defense, Q (ann. rate, bil. dol.) 332c. Intermediate materials, supplies, and components 620. Merchandise Imports, adjusted, excluding military, Q (ann. rate, bil. dol.) 331c. Crude materials for further processing 618. Merchandise exports, adjusted, excluding military, Q (ann. rate, bil. dol.) 1978 79 80 81 82 83 84 85 86 NOTE.—Current data lor these series are shown on pages C-4 and C-5. 87 88 89 1990 1978 79 80 81 82 83 84 85 86 87 88 89 1990 C-23 SURVEY OF CURRENT BUSINESS October 1990 IMPORTANT ECONOMIC MEASURES International Comparisons: Industrial Production . Jan. July F T July P International Comparisons: Consumer Prices Nov. T P T Percent change over 6-month span, annual rate nrirofi— Consumer\r prices— Industrial 320c. United States 735c. Federal Republic of Germany ^-|M| ' ' t _ , f-^fji 725. Federal Republic of Germany 20-i /u^sk^VJyA&s&K ,. iiiP?\Jiff Ml— fMf* —jU.—, I '\ y*i 1978 79 80 81 82 83 84 85 NOTE.—Current data for these series are shown on page C-5. 86 87 88 89 1990 1978 : 732c.Unfted Kingdom XTW hi. 79 80 81 82 83 84 85 86 87 88 89 1990 C-24 SURVEY OF CURRENT BUSINESS October 1990 OTHER International Comparisons: Stock Prices Jan. July P T July P International Comparisons: Exchange Rates Nov. T 750. Weighted-average exchange value of the U.S. dollar (index: Stock prices— Foreign currency per U.S. dollar— 755. Federal Republic of Germany (d. mark) 745. Federal Republic of Germany 756. France (franc) 752 United - Kingdom (pound) 757. Italy (lira) 753. Canada (dollar) 1978 79 80 81 82 83 84 85 NOTE.—Current data for these series are shown on page C-5. 86 87 88 89 1990 1978 79 80 81 82 83 84 85 86 87 88 89 1990 C-25 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series Jan. YEAR Feb. Mar. Apr. 1948 1949 1950 1951 1952. 1953 1954 1955 1956 1957 1958. 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 . 1979 1980 1981 1982 1983 1984 1985. 1986 1987 1988 1989 37.9 35.7 39.8 46.9 41.4 44.8 41.4 48.2 51.1 50.0 46.5 53.8 55.0 54.2 59.9 62.2 66.1 71.7 75.8 73.3 78.0 83.1 79.0 79.8 88.1 97.3 95.5 78.0 93.0 98.5 101.9 105.3 101.2 102.8 97.2 106.8 123.1 121.4 128.0 136.6 139.1 145.9 37.5 35.5 40.3 46.2 41.7 44.9 41.8 49.1 50.7 49.8 46.1 54.5 54.3 54.6 60.6 62.8 66.6 71.7 76.0 72.9 78.7 82.9 77.9 80.8 89.0 97.8 94.4 78.0 94.0 99.3 102.9 105.5 101.5 101.5 98.9 109.1 123.4 121.7 128.9 137.5 140.9 145.6 37.8 35.3 40.7 45.9 41.8 44.8 42.0 49.7 50.9 49.5 46.5 55.3 53.4 55.4 60.6 63.3 67.0 72.1 76.9 72.6 79.2 82.7 77.2 81.8 89.9 97.8 94.9 78.7 94.4 99.7 103.0 106.1 98.0 102.0 98.3 111.4 123.3 122.2 129.9 138.0 141.4 144.8 38.2 34.8 41.3 44.7 41.8 44.7 42.4 49.9 51.0 49.1 46.7 55.3 53.4 56.1 60.3 63.8 67.5 72.0 76.7 72.9 78.5 83.1 76.3 82.8 90.3 97.6 93.1 81.2 94.4 100.3 104.1 104.5 95.3 103.5 99.1 113.5 123.3 121.8 131.2 138.5 141.8 145.7 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 38.4 37.8 36.4 43.9 44.3 48.6 45.9 47.2 52.0 52.9 48.9 51.1 54.7 51.0 54.7 56.6 59.7 64.7 70.9 75.0 77.5 82.0 83.5 81.5 85.4 94.4 96.3 87.2 89.8 95.3 101.1 110.5 111.0 108.5 102.1 97.9 109.1 114.9 118.1 119.9 126.8 133.3 38.1 37.4 36.3 43.8 45.0 49.0 45.9 47.5 52=0 53.4 47.9 51.6 54.5 50.8 55.3 57.1 60.3 65.1 71.3 74.7 78.1 82.4 83.3 81.3 85.7 95.2 95.6 85.9 90.8 95.7 102.1 110.9 110.5 108.2 103.0 97.6 110.2 115.5 118.0 121.7 127.7 133.3 38.3 37.0 37.3 44.1 44.9 49.5 45.3 48.4 52.0 53.2 47.3 52.3 54.2 51.1 55.7 57.3 60.4 65.9 72.2 74.7 78.4 83.1 83.3 81.5 86.6 95.1 95.2 84.4 91.0 96.6 103.5 112.0 109.5 108.0 102.6 98.4 110.7 116.0 118.0 121.9 128.7 133.4 38.1 36.7 38.2 44.2 44.8 49.5 45.1 49.0 52.4 52.6 46.6 53.2 54.2 51.4 56.0 57,7 61.1 66.2 72.3 74.8 78.7 83.2 83.0 81.8 87.5 95.0 94.7 84.8 91.7 97.2 106.0 110.2 107.4 107.8 102.0 99.1 111.0 116.4 119.4 122.2 128.8 134.1 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 .... 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 May June July 910. Composite index of 11 leading 37.7 38.3 34.9 34.8 42.4 42.7 44.2 42.9 41.9 42.8 44.4 43.8 43.0 43.6 50.2 50.3 50.2 49.9 49.1 49.0 47.6 48.5 55.4 55.4 53.5 53.5 56.8 57.4 59.7 59.1 64.3 64.2 68.0 68.2 72.6 72.5 75.9 75.4 73.6 74.5 79.0 79.2 82.9 82.3 76.7 76.9 83.2 83.3 90.8 91.4 97.6 97.5 92.7 91.1 83.1 84.3 95.3 96.1 100.8 101.3 104.3 104.5 105.1 104.6 93.6 94.9 103.7 102.7 99.4 98.8 115.3 116.9 123.0 121.8 122.7 123.8 131.3 132.1 139.2 140.6 141.8 144.0 144.4 144.2 920. Composite index 38.5 36.1 39.2 44.3 44.9 49.5 44.8 49.6 52.1 52.4 46.7 53.7 53.9 52.0 56.0 58.0 61.5 66.6 72.7 74.8 79.2 83.4 82.7 82.2 87.8 95.4 95.2 84.8 92.0 97.8 106.4 111.4 105.2 107.4 101.7 100.2 111.4 116.4 118.7 122.5 129.2 133.4 Aug. Sept. Oct. Nov. Dec. Annual indicators (1982=100) 38.1 37.7 35.5 36.3 44.4 46.1 42.0 41.2 42.8 43.5 43.7 42.7 44.1 44.3 50.8 50.6 50.3 50.4 48.7 48.6 49.7 50.6 55.2 54.7 53.7 53.9 57.5 58.4 59.5 59.6 64.1 64.3 69.0 69.5 72.8 72.7 75.1 74.4 75.4 76.5 79.6 79.2 81.8 81.7 76.6 76.6 83.3 83.4 92.5 93.6 97.4 96.6 90.0 87.7 85.7 86.9 97.3 97.4 101.1 101.5 104.6 105.0 103.1 102.7 96.9 98.9 102.0 102.1 99.4 98.8 118.2 118.4 121.3 120.9 124.1 125.1 132.6 132.7 141.9 143.1 142.9 144.0 144.1 144.9 37.1 37.4 45.6 41.3 44.9 41.8 44.9 51.0 50.2 47.9 51.5 54.8 54.0 58.0 60.0 64.8 70.1 73.3 74.0 76.7 80.2 81.9 76.7 83.9 94.5 97.0 85.3 88.2 97.7 101.9 106.1 103.0 101.1 100.0 100.6 119.6 120.6 125.8 132.8 143.2 143.6 144.9 37.2 37.6 45.6 41.3 44.3 41.7 45.8 50.9 50.4 47.5 52.1 54.5 53.8 58.8 60.2 65.1 70.3 74.1 73.3 76.9 81.4 81.1 76.5 84.6 95.0 96.9 83.4 89.2 97.5 101.8 107.1 101.6 102.5 98.5 101.8 121.1 119.4 126.0 134.1 142.2 143.9 144.4 36.9 38.3 45.4 41.0 44.3 41.3 46.7 51.2 50.6 47.0 53.0 54.0 53.7 59.4 61.2 65.4 70.8 74.9 73.1 77;2 81.9 80.5 76.9 85.4 95.9 97.2 81.1 90.1 98.0 102.3 106.3 100.8 104.1 97.8 103.0 121.9 120.1 126.2 135.2 140.2 144.1 144.6 36.3 38.9 45.8 41.2 44.5 41,4 47.4 51.3 50.4 46.6 52.9 55.2 53.7 59.9 61.7 65.6 71.2 75.6 72.8 78.1 82.3 80.2 78.7 87.0 96.8 95.8 79.1 90.6 98.8 103.1 105.4 100.6 102.8 97.8 104.7 122.1 120.3 127.6 137.1 139.5 145.0 145.3 37.6 36.2 43.3 43.2 43.0 43.3 44.0 50.3 50.5 48.6 49.3 54.8 53.8 57.2 60.2 64.2 68.7 73.0 75.0 75.0 79.8 82.0 77.2 83.3 92.3 97.2 89.0 84.5 96.2 101.0 104.6 103.6 99.2 101.2 100.0 116.2 121.7 124.0 132.2 140.0 142.7 144.9 of 4 coincident indicators (1982=100) 39.2 39.3 39.4 36.0 35.3 35.8 40.0 41.7 42.9 44.3 43.7 44.0 44.6 43.8 45.8 49.3 49.5 48.8 45.0 44.8 44.8 49.8 50.4 50.3 52.1 50.3 51.9 52.5 52.5 52.5 47.3 48.0 48.5 53.9 53.5 51.8 53.6 53.3 53.0 52.7 52.8 53.3 56.0 56.3 56.5 58.1 58.4 58.4 61.6 62.2 62.6 67.1 67.9 68.0 73.5 73.6 73.8 75.0 75.2 75.8 79.8 80.2 80.2 83.8 84.4 84.6 82.4 82.5 82.1 82.4 82.1 81.8 87.6 88.2 89.4 95.8 96.2 96.1 95.2 95.2 94.5 85.1 85.5 86.7 92.2 92.6 92.7 98.6 99.3 99.6 107.2 107.4 108.0 111.1 111.0 110.8 104.3 104.1 104.9 107.9 108.4 108.3 100.5 99.6 98.9 101.4 102.3 102.1 112.5 113.0 113.1 116.0 115.7 116.4 118.4 118.4 118.7 122.8 123.8 124.2 130.0 130.7 130.8 133.4 133.0 134.0 39.3 36.4 42.4 43.9 47.0 48.4 45.0 50.8 52.4 51.9 48.9 51.7 52.7 53.4 56.4 58.8 63.0 68.3 73.9 75.8 80.5 84.8 81.9 82.6 90.2 96.4 94.1 87.2 93.0 100.4 108.5 110.4 105.6 107.5 98.2 104.1 113.5 116.7 119.7 124.4 130.7 133.7 39.4 34.7 42.6 44.1 47.7 48.2 45.3 51.2 52.9 51.3 49.3 51.4 52.6 54.1 56.6 59.2 62.4 69.1 74.4 75.6 81.0 85.1 80.1 82.7 91.6 97.5 93.7 87.7 92.7 100.9 109.5 110.7 107.1 106.3 97.3 105.4 113.4 116.6 119.4 126.3 132.1 133.1 39.0 35.4 42.5 44.2 47.9 47.2 46.2 51.6 52.7 50.6 50.5 52.1 51.8 54.8 56.9 59.0 63.5 69.8 74.3 76.9 81.7 84.4 79.4 83.4 93.0 98.3 91.5 87.7 94.1 101.3 110.1 110.6 108.1 105.1 97.2 106.2 114.2 117.0 119.8 125.7 131.7 133.4 38.6 35.7 43.5 44.3 48.4 46.3 46.6 51.9 53.2 49.6 50.2 53.9 51.2 55.1 56.6 59.6 64.6 70.5 74.5 77.9 81.9 84.4 80.9 84.2 94.1 97.2 88.6 88.3 95.2 101.8 110.9 110.4 108.5 103.8 97.0 107.6 114.9 118.0 121.1 127.3 132.5 133.8 38.8 36.2 40.2 44.1 45.8 48.6 45.4 49.8 52.2 52.1 48.3 52.5 53.3 52.7 56.1 58.2 61.9 67.4 73.1 75.5 79.8 83.8 82.1 82.3 88.9 96.0 94.2 86.3 92.3 98.7 106.7 110.8 107.2 107.3 100.0 101.9 112.2 116.3 119.0 123.6 130.0 133.5 C-26 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR Mar. Feb. Jan. May Apr. June Aug. July Oct. Sept. Dec. Nov. Annual 930. Composite index of 7 lagging indicators (1982=100) 1948 1949 32.3 34.9 1950 1951 1952..... 1953 1954 34.5 38.7 43.5 45.9 50.2 1955 1956 1957 1958 1959 45.4 52.4 58.2 61.6 54.8 1960 1961 1962 1963 1964 63.4 64.5 62.2 64.9 68.2 1965 1966 1967 1968 1969 71.1 76.2 82.2 82.4 87.6 1970 1971 1972 1973 1974 93.2 89.3 85.4 87.6 97.7 32.6 35.1 34.4 39.4 43.4 46.4 49.7 45.3 52.6 57.7 60.0 55.1 63.9 64.3 62.3 65.1 68.4 71.9 76.9 82.4 82.8 87.9 93.6 88.9 85.0 88.7 97.8 32.7 34.9 34.2 40.0 43.7 46.7 48.8 32.7 34.8 34.4 40.4 43.5 47.7 47.8 45.6 53.4 58.2 59.7 55.2 45.4 54.6 58.5 58.5 55.6 65.0 63.0 63.0 65.1 69.0 72.8 78.1 82.7 84.1 89.2 64.7 63.6 62.5 64.9 68.7 72.2 77.2 82.7 83.5 88.4 94.2 88.2 85.7 89.5 97.4 105.5 110.7 111.3 1 13.0 117.0 108.8 100.7 103.5 91.7 95.3 105.3 110.8 109.6 112.8 117.8 100.0 87.8 87.5 93.3 98.8 111.4 99.6 102.1 91.0 96.4 106.2 112.5 110.0 113.6 118.7 1948 1949 118.9 108.3 116.9 106.6 117.1 106.0 1950. 1951 1952 1953 1954 105.5 113.4 101.8 105.9 91.4 105.5 111.2 103.7 105.6 92.4 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964. 1965 1966 1967 1968 1969 104 0 99.2 90.9 79.4 93.2 86.3 79.1 87.9 87.2 87.5 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 89.6 91 3 100.0 107.8 98.6 85.1 102.0 109.7 109.3 111.8 104.9 98.9 92.5 79.8 93.6 85.3 79.0 88.8 87.7 88.2 90.5 92.7 90.7 94.3 93.7 89.0 91.5 100.8 107.3 97.8 1980 1981 1982 1983 1984 102.5 107.2 97.3 106.5 116.1 85.0 103.3 109.7 110.1 111.6 101.6 107.4 99.5 106.4 115.6 109.1 110.2 102.7 106.0 92.8 106.1 97.4 91.4 79.2 94.7 83.8 80.3 89.1 88.3 87.9 91,3 93.5 90.3 93.9 94.0 88.4 92.4 101.1 106.3 97.7 84.4 103.6 110.4 110.9 113.4 108.9 106.7 107.7 1122 113.9 109.7 106.5 111.0 113.2 113.2 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984..... 102.5 88.0 86.9 92.5 98.8 108.3 101.2 104.9 9.1.9 94.0 1985 1986 1987 1988 1989 1985 1986 1987 1988 1989 91.0 93.0 91.2 94.1 93.6 ; 101.0 87.9 87.2 92.7 99.4 98.3 108.4 100.5 108.1 114.8 109.2 104.9 110.8 113.3 112.4 93.3 87.2 85.9 90,8 98.6 96.9 87.1 87.8 92.7 101.1 113.6 99.4 101.7 90.9 97.9 105.9 111.6 109.9 114.0 118.0 116.5 105.5 111.0 109.4 103.0 103.8 94.4 107.9 96.0 89.9 79.7 95.7 83.4 81.6 88.9 88.6 88.6 90.9 92.6 90.4 93.6 93.3 89.0 93.8 101.9 104.6 96.0 87.5 105.3 110.7 114.3 109.0 94.5 108.5 100.3 109.0 113.4 109.9 107.0 111.2 113.0 113,6 32.8 35.0 34.4 40,9 44.2 48.8 47.4 45.9 55.8 58.9 56.2 57.0 66.0 62.3 63.4 65.3 68.7 32.8 34.5 34.3 41.5 45.1 49.0 46.7 46.7 56.1 59.0 55.0 58.6 66.4 61.6 64.0 65.6 69.2 73.5 79.1 82.4 84.5 90.0 92.7 86.8 86.3 91.1 99.5 94.6 86.9 88.1 93.4 101.1 112.3 102.2 101.4 90.1 99.6 106.6 111.8 109.8 113.7 119.1 73.3 79.7 82.8 84.9 90.9 92.6 85.9 86.9 92.0 100.1 91.0 86.2 89.0 94.2 102.4 109.7 1033 101.7 90.1 100.9 106.8 111.7 110.0 113.9 119.5 34.7 34.2 34.6 34.4 33.4 34.6 38.3 42.1 45.1 50.4 45.4 64.3 61.1 64.5 68.0 70.3 38.0 42.9 45.6 50.7 45.6 52.0 57.7 62.6 55.2 64.2 64.6 61.6 64.8 68.2 70.5 35.3 41.1 44.5 48.7 47.1 47.9 55.9 59.9 56.5 59.7 64.9 62.2 63.6 66.2 69.3 74.8 81.2 82.7 86.0 92.1 75.5 82.3 82.2 86.2 92.2 76.0 82.3 82.5 86.7 92.5 73.6 79.6 82,6 84.8 90.4 91.7 87.9 86.4 94.4 102.1 91.3 87.1 86.5 94.9 101.9 89.5 86.4 86.1 97.1 103.5 92.3 87.4 86.2 92.3 100.2 88.1 86.7 90.3 96.0 105.2 98.7 105.7 98.6 91.4 104.3 108.4 110.8 111.5 114.8 119.6 88.0 87.2 90.7 96.3 106.1 97.4 105.3 97.1 91.6 105.1 109.4 111.8 111.5 114.9 120.0 90.9 86.5 86.3 95.7 102.3 87.9 86.7 91.2 97.8 107.2 98.4 104.9 95.2 92.7 105.0 109.7 111.3 112.1 116.1 119.7 88.0 86.4 91.3 98.3 107.3 101.2 104.3 93.0 93.6 105.0 110.1 110.4 111.8 116,2 119.7 93.1 87.0 89.1 94.8 102.8 105.5 102.8 100.0 91,4 100.7 107.5 111.4 110.6 114.3 119.0 115.9 100.3 115.4 105.3 106.7 96.4 99.6 100.8 91.8 83.4 90.0 78.7 82.4 88.3 88.0 88.0 88.4 92.4 91.6 91.4 94.2 92.4 87.7 94.9 105.9 102/7 92.0 99.7 106.3 111.2 113.7 104.3 112.4 103.5 111.0 105.0 106.2 93.7 101.8 99.4 90.9 81.4 92.8 79.9 80.6 89.7 88.2 86.8 90.3 92.5 90.3 93.6 94.8 91.5 87.3 96.4 107.8 102.7 89.4 111.6 103.8 114.5 103.3 106.1 91.3 102.2 99.8 92.2 79.2 90.9 84.0 79.3 89.4 87.3 87.4 91.6 92.8 90.5 94.4 94.5 91.2 90.4 97.5 109,3 100.1 85.6 116.3 104.8 114.2 107.3 102.9 100.1 96.5 104.1 93.4 87.2 85.8 88.4 82.2 84.8 88.1 87.9 89.3 91.6 91.8 91.5 94.0 92.7 89.0 94 2 103'.2 104.1 94.1 99.8 108.5 111.1 112.6 103.2 100.3 110.2 111.5 112.8 102.9 93.0 106.2 110.8 112.6 107.9 110.0 100.9 100.2 115.1 107.9 106.6 106.8 113.3 115.0 110.9 109.9 100.2 102.1 114.6 108.8 J06.7 107.6 112.1 113.4 111.4 107.2 99.5 104.3 115.0 109.4 107.2 109.7 113.9 114.0 111.8 101.9 104.4 100.0 111.4 111.6 108.2 106.8 111.7 113.7 112.1 33.1 34.4 34.0 41.8 45.4 49.0 46.5 47.0 57.7 59.0 54.2 59.6 66.4 61.0 64.1 66.1 68.8 73.4 80.6 82.9 84.9 91.0 34.0 34.0 34.2 41.7 44.8 49.4 45.8 49.2 57.2 60.7 53.4 61.5 65.8 61.0 64.2 66.7 69.6 74.1 80.9 82.4 85.9 91.2 34.3 33.8 35.5 41.7 44.8 49.9 45.6 49.6 57.8 61.8 54.5 64.4 64.1 61.3 64.2 67.0 70.0 34.0 34.6 36.9 41.9 44.7 50.0 45.5 50.8 57.6 61.5 54.8 65.3 63.8 61.3 64.3 67.3 70.6 74.2 81.1 82.7 86.0 91.7 92.0 86.6 86.8 93.1 100.4 92.3 87.7 86.6 92.9 100.7 88.8 86.3 89.9 95.3 103.7 101.1 103.9 99.7 91.4 103.2 107.9 111.7 110.0 114.5 119.8 89.9 86.3 89.3 94.8 102.8 104.9 103.5 101.1 90.4 101.8 107.7 111.9 110.0 113.9 119.6 940. Ratio, coincident composite index to lagging composite index (1982=100) 117.4 119.5 115.9 118.7 114.6 102.6 104.3 105.3 103.1 107.7 125.4 122.6 119.4 114.0 116.6 108.3 106.7 104.5 105.5 105.3 101.6 98.9 96.5 102.2 104.9 101.4 100.6 101.0 98.8 97.0 96.4 94.5 96.3 97.8 98.7 106.6 107.2 102.4 108.1 102.2 87.2 93.4 92.9 90.7 90.7 89.0 89.0 89.0 86.5 84.0 88.6 86.0 90.8 89.7 83.1 94.2 92.0 89.8 84.2 80.3 80.7 81.7 80.3 80.5 82.2 85.6 86.6 87.4 83.5 87.1 87.5 87.8 88.3 88.0 87.9 88.4 88.6 88.8 87.6 87.8 90.4 89.0 89.9 89.5 90.0 92.5 90.6 91.5 91.8 92.0 92.2 91.9 91.3 91.2 91.1 90.7 90.6 90.8 92.0 91.7 93.7 94.0 94.5 93.4 93.6 92.2 92.7 92.7 92.8 92.5 89.2 89.0 89.7 88.9 89.3 95.9 94.8 94.7 93.3 94.0 100.8 101.6 103.2 104.4 101.7 104.1 103.3 103.4 102.1 104.7 95.1 94.8 95.7 93.8 92.2 93.5 95.1 89.6 97.6 99.0 107.0 107.3 107.4 105.9 107.3 111.2 110.8 110.8 111.2 111.0 113.8 113.3 113.9 113.3 113.0 108.0 110.2 108.5 106.8 104.9 99.2 95.1 93.7 103.8 107.0 104.7 105.1 104.5 104.2 101.7 98.8 98.5 99.2 100.3 99.6 113.2 111.2 112.5 111.7 113.9 111.5 111.0 111.8 109.6 108.8 108.6 107.4 109.2 107.9 107.7 106.0 105.8 106.2 106.3 108.0 111.6 112.5 111.6 112.9 111.6 114.1 114.7 113.6 114.2 113.9 111.6 112.0 111.2 111.9 111.8 51.9 58.0 62.2 54.4 65.2 C-27 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958!ZZ!ZZ 1959 I960 1961 1962 1963 1964 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 20.0 100.0 65.0 60.0 54.5 54.5 90.9 31.8 18.2 45.5 81.8 27.3 54.5 54.5 77.3 72.7 72.7 68.2 63.6 36.4 86.4 1965 1966 1967 1968 1969 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 27.8 35.0 90.0 45.0 65.0 59.1 72.7 90.9 13.6 36.4 36.4 81.8 36.4 72.7 72.7 8L8 63.6 50.0 63.6 54.5 63.6 36.4 9.1 9.1 72.7 86.4 63.6 45.5 72.7 81.8 54.5 18.2 36.4 54.5 54.5 54.5 50.0 59.1 18.2 54.5 81.8 63.6 54.5 54.5 54.5 63.6 22.7 9.1 . Mar. Feb. Jan. 81.8 36.4 18.2 36.4 72.7 22.7 36.4 72.7 72.7 77.3 63.6 31.8 40.9 72.7 May Apr. June July Sept. Aug. Oct. 81.8 45.5 72.7 50,0 63.6 63.6 40.9 63.6 31.8 18.2 77.3 68.2 45.5 59.1 45.5 54.5 45.5 45.5 81.8 18.2 50.0 45.5 90.9 54.5 45.5 54.5 63.6 59.1 18.2 950. Diffusion index of 1 1 leading indicator components (percent rising over 1 -month span) 0 33.3 61.1 61.1 20.0 20.0 60.0 40.0 90.0 70.0 90.0 30.0 80.0 60.0 80.0 70.0 30.0 80.0 45.0 10.0 20.0 30.0 55.0 50.0 45.0 65.0 90.0 60.0 60.0 80.0 18.2 40.9 36.4 18.2 27.3 9.1 90.9 90.9 %6.4 63.6 72.7 903 63.6 68.2 68.2 36.4 63.6 54.5 40.9 9.1 36.4 40.9 54.5 54.5 27.3 40.9 27.3 45.5 22.7 40.9 54.5 90.9 90.9 90.9 81.8 90.9 36.4 54.5 54.5 27.3 22.7 45.5 59.1 36.4 45.5 45.5 54.5 45.5 86.4 72.7 100.0 90.9 81.8 27.3 18.2 45.5 18.2 68.2 45.5 81.8 50.0 77.3 63.6 72J 45.5 54.5 72.7 63.6 59.1 72.7 81.8 72.7 45.5 54.5 59.1 72.7 40.9 54.5 18.2 18.2 13.6 22.7 36.4 45.5 86.4 45.5 72.7 77.3 100.0 54.5 54.5 36.4 45.5 50.0 59.1 90.9 54.5 31.8 22.7 18.2 31.8 59.1 63.6 45.5 63.6 36.4 9.1 54.5 63.6 68.2 50.0 54.5 54.5 45.5 68.2 81.8 63.6 81.8 54.5 54.5 36.4 36.4 45.5 63.6 54.5 27.3 36.4 22.7 4.5 27.3 9.1 9.1 90.9 90.9 90.9 86.4 68.2 72.7 54.5 63.6 63.6 54.5 90.9 45.5 63.6 59.1 36.4 63.6 59.1 59.1 68.2 54.5 72.7 45.5 45.5 68.2 31.8 63.6 27.3 54.5 22.7 27.3 63.6 100.0 27.3 81.8 90.9 9.1 36.4 90.9 36.4 18.2 54.5 0 68.2 36.4 72.7 50.0 59.1 27.3 86.4 90.9 59.1 81.8 100.0 90.9 36.4 22.7 45.5 36.4 45.5 45.5 63.6 36.4 81.8 40.9 81.8 59.1 36.4 54.5 54.5 63.6 59.1 45.5 81.8 68.2 68.2 50.0 54.5 54.5 81.8 63.6 45.5 45.5 31.8 54.5 9.1 36.4 72.7 40.9 40.9 50.0 950. Diffusion index of 11 leading indicator components (percent rising over 6-month span) 44.4 55.6 22.2 33.3 11.1 30.0 50.0 100.0 90.0 100.0 100.0 66.7 25.0 65.0 40.0 60.0 59.1 72.7 63.6 36.4 31.8 63.6 12.7 9.1 o 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 20.0 20.0 20.0 100.0 50.0 60.0 55.0 72.7 90.9 54.5 100.0 55.0 60.0 36.4 72.7 90.9 18.2 100.0 30.0 50.0 27.3 77.3 90.9 27.3 9.1 9.1 9.1 36.4 90.9 36.4 77.3 63.6 86.4 90.9 63.6 81.8 36.4 59.1 72.7 54.5 81.8 54.5 100.0 22.7 90.9 81.8 77.3 81.8 9.1 100.0 100.0 81.8 63.6 63.6 45.5 68.2 36.4 18.2 100.0 90.9 63.6 0 0 36.4 90.9 63.6 72.7 36.4 50.0 90.9 63.6 68.2 18.2 1980 1981. 1982 1983 1984 9.1 9.1 45.5 36.4 100.0 81.8 36.4 54.5 100.0 72.7 1985 1986 1987 1988.. 1989 45.5 72.7 81.8 27.3 45.5 54.5 77.3 63.6 45.5 36.4 9.1 90.9 27.3 81.8 77.3 68.2 50.0 54.5 59.1 27.3 90.0 25.0 80.0 18.2 90.9 90.9 27.3 18.2 90.9 54.5 18.2 90.9 36.4 81.8 72.7 80.0 20.0 60.0 18.2 77.3 81.8 36.4 18.2 100.0 36.4 36.4 100.0 22.7 63.6 72.7 86.4 68.2 13.6 18.2 100.0 22.7 54.5 100.0 31.8 63.6 81.8 45.5 40.9 63.6 72.7 27.3 50.0 18.2 81.8 45.5 18.2 18.2 63.6 100.0 36.4 63.6 13.6 90.9 59.1 27.3 18.2 63.6 100.0 27.3 9.1 9.1 90.9 81.8 63.6 18.2 72.7 86.4 68.2 72.7 27.3 18.2 27.3 59.1 100.0 45.5 63.6 63.6 81.8 86.4 13.6 68.2 81.8 45.5 22.7 90.9 77.3 72.7 63.6 36.4 80.0 30.0 100.0 9.1 9.1 9.1 100.0 72.7 63.6 63.6 27.3 100.0 72.7 63.6 81.8 45.5 18.2 63.6 100.0 18.2 27.3 63.6 45.5 100.0 36.4 59.1 54.5 81.8 77.3 18.2 72.7 54.5 63.6 86.4 36.4 9.1 9.1 9.1 54.5 100.0 27.3 81.8 54.5 77.3 72.7 45.5 80.0 20.0 80.0 9.1 90.9 72.7 18.2 18.2 100.0 18.2 36.4 100.0 18.2 81.8 72.7 81.8 0 90.9 81.8 18.2 27.3 63.6 95.5 36.4 9.1 90.9 59.1 63.6 63.6 27.3 86.4 0 54.5 90.9 36.4 70.0 20.0 80.0 9.1 100.0 63.6 63.6 0 100.0 9.1 36.4 81.8 72.7 77.3 86.4 81.8 0 90.9 90.9 0 45.5 81.8 90.9 40.9 0 86.4 68.2 59.1 63.6 18.2 100.0 9.1 54.5 81,8 27.3 81.8 63.6 72.7 63.6 36.4 81.8 72.7 63.6 63.6 54.5 80.0 20.0 80.0 18.2 90.9 72.7 36.4 0 100.0 27.3 36.4 90.9 81.8 68.2 90.9 90.9 9.1 90.9 90.9 0 63.6 81.8 72.7 31.8 70.0 55.0 50.0 60.0 50.0 36.4 ioao 45.5 40.9 36.4 72.7 31.8 18.2 81.8 63.6 72.7 63.6 81.8 13.6 54.5 86.4 18.2 54.5 72.7 54.5 45.5 13.6 Dec, 15.0 80.0 15.0 40.0 60.0 36.4 773 63.6 59.1 0 81.8 27.3 45.5 63.6 90.9 so!o 72.7 72.7 18.2 59.1 72.7 13.6 54.5 68.2 81.8 54.5 9.1 72.7 54.5 54.5 63.6 13.6 81.8 36.4 90.9 90.9 27.3 72.7 68.2 45.5 40.9 36.4 81.8 54.5 77.3 45.5 18.2 77.3 36.4 90.9 68.2 59.1 40.9 72.7 22.7 40.9 63.6 10.0 100.0 10.0 100.0 40.0 70.0 90.0 45.5 90.9 45.5 27.3 13.6 90.9 45.5 40.9 90.9 86.4 90.9 63.6 72.7 36.4 72.7 90.9 65.0 50.0 70.0 27.3 90.9 63.6 54.5 9.1 100.0 27.3 45.5 86.4 86.4 63.6 90.9 81.8 36.4 72.7 90.9 9.1 63.6 100.0 72.7 36.4 0 81.8 100.0 81.8 36.4 0 0 9.1 81.8 63.6 72.7 54.5 31.8 100.0 100.0 54.5 45.5 54.5 18,2 90.9 63.6 54.5 40.9 36.4 81.8 18.2 81.8 81.8 36.4 72.7 18.2 100.0 81.8 36.4 81.8 72.7 36.4. 77.3 45.5 77.3 81.8 40.9 50.0 27.3 9.1 72.7 81.8 27.3 90.9 81.8 63.6 45.5 45.5 NOTE.—Diffusion indexes are centered within the spans: 1-month indexes are placed on the ending month, and 6-month indexes are placed on the 4th month. Nov. Annual 0 80.0 50.0 50.0 54.5 54.5 72J 45.5 36.4 18.2 50.0 72.7 63.6 81.8 68.2 63.6 54.5 72.7 36.4 90.9 59.1 36.4 77,3 100.0 81.8 27.3 18.2 63.6 63.6 63.6 45.5 36.4 54.5 54.5 90.9 59.1 31.8 72.7 90.9 27.3 54.5 54.5 56.2 64.2 42.5 62.5 37.5 70 62.9 37.9 28.8 70.8 50.8 40.6 74.6 56.1 65.1 66.6 61.7 34.8 66.7 59.8 36.7 41.3 66.7 71.6 46.2 22.7 67.4 61.3 56.1 52.3 38.6 61.4 37.9 60.2 81.1 45.1 60.6 59.8 51.9 51.9 43.2 200 100.0 69.2 60.0 70.0 50.0 45.5 90.9 36.4 36.4 18.2 90.9 18.2 59.1 90.9 81.8 86.4 63.6 81.8 36.4 68.2 72.7 0 90.9 100.0 81.8 18.2 18.2 100.0 45.5 72.7 50.0 9.1 78.8 38.3 71.7 266 86.0 72.3 34.5 11.8 86.7 42.8 38.6 91.7 52.6 78.0 78.8 70.4 32.2 71.6 73.5 19.7 37.9 84.5 87.5 43.2 8.0 83.3 70.4 63.6 62.5 24.6 72.7 27.3 90.9 77.3 45.5 63.6 100.0 40.9 36.4 45.5 52.7 23.5 64.0 91.3 40.9 71.2 70.8 64.0 61.0 37.5 C-28 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued Feb. 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981........ 1982 1983 1984 1985 1986 1987 1988 1989 75.0 75.0 75.0 100.0 25.0 100.0 62.5 25.0 0 75.0 100.0 50.0 25.0 62.5 75.0 62.5 87.5 100.0 12.5 75.0 0 100.0 100.0 62.5 50.0 25.0 100.0 75.0 50.0 25.0 100.0 62.5 0 75.0 100.0 50.0 75.0 25.0 75.0 100.0 50.0 0 50.0 62.5 100.0 100.0 50.0 100.0 50.0 100.0 0 100.0 25.0 50.0 100.0 100.0 87.5 100.0 100.0 37.5 75.0 100.0 37.5 25.0 75.0 100.0 25.0 0 100.0 100.0 87.5 75.0 50.0 50.0 87.5 25.0 87.5 100.0 50.0 100.0 87.5 50.0 Mar. 75.0 25.0 100.0 75.0 50.0 100.0 0 100.0 87.5 50.0 25.0 100.0 25.0 100.0 100.0 100.0 62.5 100.0 100.0 75.0 100.0 100.0 50.0 87.5 100.0 50.0 62.5 12.5 75.0 100.0 100.0 100.0 37.5 75.0 50.0 100.0 87.5 100.0 50.0 75.0 100.0 75.0 100.0 75.0 100.0 100.0 0 100.0 100.0 50.0 0 100.0 100.0 25.0 100.0 100.0 100.0 100.0 100.0 75.0 100.0 100.0 50.0 100.0 100.0 100.0 50.0 0 100.0 100.0 100.0 75.0 100.0 100.0 100.0 100.0 0 100.0 62.5 75.0 0 100.0 100.0 75.0 100.0 100.0 100.0 100.0 100.0 75.0 100.0 100.0 50.0 100.0 100.0 100.0 25.0 0 100.0 100.0 100.0 100.0 100.0 75.0 62.5 100.0 25.0 100.0 50.0 50.0 0 100.0 50.0 100.0 100.0 100.0 100.0 100.0 100.0 75.0 100.0 100.0 12.5 100.0 100.0 75.0 50.0 0 100.0 100.0 100.0 87.5 25.0 75.0 0 100.0 100.0 0 75.0 50.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 0 75.0 12.5 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 75.0 75.0 100.0 75.0 Apr. May June July Aug. Sept. 951. Diffusion index of 4 coincident indicator components (percent rising over 1-month span) 75.0 75.0 100.0 75.0 62.5 62.5 0 0 37.5 0 100.0 100.0 100.0 100.0 75.0 100.0 100.0 50.0 75.0 50.0 50.0 50.0 12.5 37.5 50.0 50.0 0 100.0 62.5 100.0 62.5 50.0 62.5 0 25.0 62.5 25.0 50.0 75.0 37.5 37.5 87.5 100.0 100.0 100.0 50.0 87.5 100.0 100.0 25.0 0 100.0 75.0 100.0 12.5 25.0 75.0 62.5 62,5 0 0 75.0 100.0 100.0 75.0 100.0 100.0 100.0 100.0 50.0 0 25.0 62.5 37.5 12.5 0 0 25.0 62.5 100.0 100.0 75.0 100.0 75.0 100.0 50.0 50.0 100.0 100.0 50.0 100.0 75.0 100.0 75.0 100.0 75.0 100.0 100.0 75.0 100.0 75.0 100.0 100.0 75.0 100.0 100.0 75.0 87.5 75.0 75.0 100.0 75.0 100.0 50.0 87.5 62.5 87.5 62.5 100.0 50.0 75.0 100.0 100.0 75.0 75.0 100.0 75.0 87.5 100.0 50.0 100.0 75.0 25.0 25.0 25.0 100.0 12.5 50.0 100.0 100.0 62.5 37.5 100.0 37.5 100.0 75.0 75.0 50.0 100.0 100.0 50.0 75.0 75.0 87.5 75.0 62.5 25.0 100.0 75.0 75.0 12.5 37.5 50.0 75.0 75.0 100.0 100.0 100.0 100.0 75.0 100.0 100.0 75.0 100.0 75.0 100.0 100.0 100.0 75.0 100.0 100.0 75.0 100.0 75.0 100.0 75.0 0 87.5 62.5 75.0 50.0 37.5 0 0 25.0 25.0 100.0 87.5 75.0 37.5 87.5 87.5 25.0 12.5 25.0 62.5 0 12.5 0 0 100.0 100.0 100.0 100.0 50.0 100.0 100.0 75.0 75.0 75.0 75.0 75.0 50.0 25.0 100.0 75.0 100.0 100.0 25.0 50.0 100.0 37.5 100.0 100.0 75.0 75.0 100.0 100.0 100.0 50.0 75.0 100.0 100.0 75.0 75.0 50.0 25.0 75.0 50.0 75.0 75.0 37.5 951. Diffusion index of 4 coincident indicator components (percent rising over 6-month span) 100.0 100.0 100.0 100.0 75.0 50.0 0 0 0 25.0 50.0 50.0 100.0 100.0 100.0 100.0 100.0 100.0 50.0 50.0 50.0 62.5 75.0 50.0 100.0 100.0 100.0 50.0 100.0 100.0 25.0 25.0 100.0 62.5 25.0 0 25.0 50.0 50.0 100.0 37.5 100.0 100.0 100.0 100,0 100.0 100.0 100.0 100.0 25.0 50.0 100.0 100.0 100.0 25.0 25.0 62.5 25.0 12.5 0 100.0 75.0 100.0 37.5 100.0 100.0 100.0 75.0 50.0 12.5 50.0 50.0 25.0 12.5 0 50.0 25.0 0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 75.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 75.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 75.0 50.0 25.0 25.0 0 0 0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 75.0 75.0 75.0 100.0 100.0 100.0 50.0 75.0 50.0 75.0 0 0 100.0 100.0 12.5 100.0 100.0 100.0 100.0 100.0 100.0 87.5 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 25.0 100.0 50.0 100.0 75.0 75.0 0 0 12.5 50.0 100.0 100.0 50.0 75.0 75.0 50.0 25.0 0 0 0 0 25.0 0 0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 75.0 75.0 100.0 75.0 75.0 100.0 75.0 100.0 100.0 100.0 100.0 100.0 100,0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 75.0 100.0 75.0 25.0 75.0 100.0 NOTE.—Diffusion indexes are centered within the spans: 1-month indexes are placed on the ending month, and 6-month indexes are placed on the 4th month. Oct. Nov. Dec, 75.0 0 75.0 87.5 87.5 25.0 100.0 75.0 100.0 0 87.5 25.0 37.5 100.0 100.0 100.0 25.0 100.0 100.0 37.5 100.0 100.0 0 75.0 100.0 100.0 50.0 100.0 62.5 100.0 100.0 87.5 100.0 0 25.0 100.0 50.0 12.5 100.0 50.0 62.5 50.0 0 100.0 100.0 50.0 12.5 100.0 100.0 25.0 . 75.0 100.0 75.0 100.0 0 75.0 100.0 100.0 0 62.5 100.0 0 100.0 87.5 50.0 100.0 100.0 50.0 100.0 100.0 12.5 12.5 100.0 100.0 100.0 0 62.5 100.0 87.5 100.0 62.5 75.0 0 75.0 100.0 100.0 50.0 75.0 100.0 100.0 50.0 100.0 100.0 25.0 75.0 100.0 25.0 100.0 37.5 75.0 100.0 100.0 100.0 100.0 75.0 50.0 100.0 100.0 100.0 25.0 0 100.0 100.0 87.5 100.0 37.5 75,0 0 37.5 100.0 87.5 75.0 100.0 100.0 100.0 75.0 0 100.0 75.0 100.0 100.0 0 100.0 100.0 100.0 0 100.0 100.0 0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 50.0 50.0 100.0 100.0 75.0 0 100.0 100.0 75.0 100.0 100.0 0 75.0 75.0 100.0 100.0 0 100.0 100.0 100.0 0 100.0 100.0 25.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 50.0 37.5 100.0 100.0 50.0 0 100.0 100.0 100.0 100.0 75.0 0 . 100.0 75.0 100.0 100.0 100.0 0 37.5 100.0 75.0 100.0 0 50.0 100.0 75.0 100.0 100.0 100.0 100.0 75.0 100.0 0 75.0 100.0 100.0 75.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 50.0 0 100.0 75.0 100.0 0 100.0 100.0 25.0 100.0 100.0 100.0 100.0 100.0 75.0 100.0 100.0 50.0 75.0 100.0 100.0 50.0 0 100.0 100.0 100.0 100.0 50.0 Annual 36.5 81.2 59.4 68.8 49.0 55.2 92.7 70.8 35.4 60.4 72.9 29.2 84.4 75.0 84.4 83.3 91.7 84.4 75.0 82.3 77.1 36.5 77.1 89.6 71.9 42.7 66.7 90.6 91.7 88.5 58.3 56.2 42.7 31.2 87.5 82.3 77.1 71.9 77.1 84.4 65.6 33.3 93.8 74.0 92.7 44.8 57.3 97.9 82.3 27.1 67.7 78.1 34.4 91.7 100.0 100.0 100.0 100.0 95.8 91.7 100.0 85.4 31.2 100.0 100.0 81.2 31.2 67.7 99.0 97.9 100.0 76.0 49.0 41.7 20.8 100.0 95.8 93.8 91.7 97.9 100.0 79.2 SURVEY OF CURRENT BUSINESS October 1990 C-29 Historical Data for Selected Series--Continued YEAR Jan. Apr. 75.0 58.3 50.0 41.7 May June July Aug. Sept. 952. Diffusion index of 7 lagging indicator components (percent rising over 1-month span) 58.3 58.3 66.7 91.7 75.0 75.0 33.3 58.3 25.0 25.0 25.0 41.7 41.7 41.7 41.7 58.3 75.0 91.7 58.3 58.3 58.3 58.3 66.7 41.7 75.0 41.7 91.7 58.3 58.3 8.3 66.7 100.0 50.0 58.3 41.7 58.3 25.0 16.7 25.0 25.0 33.3 16.7 75.0 41.7 91.7 83.3 58.3 100.0 100.0 83.3 66.7 78.6 42.9 57.1 78.6 85.7 50.0 78.6 78.6 50.0 7.1 14.3 14.3 14.3 7.1 42.9 71.4 71.4 85.7 78.6 85.7 92.9 85.7 64.3 64.3 50.0 42.9 42.9 21.4 21.4 50.0 21.4 71.4 64.3 71.4 78.6 78.6 64.3 50.0 57.1 57.1 71.4 71.4 57.1 92.9 64.3 35.7 64.3 85.7 42.9 78.6 64.3 71.4 71.4 57.1 50.0 64.3 64.3 71.4 78.6 78.6 92.9 57.1 57.1 50.0 57.1 35.7 64.3 14.3 64.3 42.9 78.6 57.1 78.6 64.3 57.1 78.6 85.7 85.7 50.0 42.9 64.3 35.7 50.0 42.9 28.6 57.1 7.1 7.1 42.9 28.6 92.9 71.4 50.0 78.6 50.0 42.9 42.9 35.7 35.7 71.4 100.0 64.3 42.9 85.7 64.3 71.4 50.0 57.1 50.0 64.3 64.3 0 0 0 28.6 42.9 14.3 50.0 50.0 57.1 57.1 50.0 57.1 71.4 71.4 71.4 78.6 64.3 64.3 71.4 50.0 85.7 71.4 85.7 78.6 71.4 92.9 50.0 71.4 57.1 85.7 50.0 0 57.1 57.1 0 28.6 71.4 71.4 100.0 50.0 64.3 85.7 64.3 28.6 35.7 35.7 57.1 35.7 28.6 21.4 57.1 71.4 42.9 57.1 85.7 78.6 57.1 85.7 92.9 85.7 28.6 57.1 57.1 78.6 57.1 50.0 21.4 42.9 42.9 50.0 28.6 28.6 50.0 50.0 42.9 35.7 35.7 85.7 64.3 57.1 35.7 50.0 64.3 64.3 50.0 57.1 35.7 64.3 57.1 35.7 66.7 58.3 58.3 50.0 41.7 100.0 35.7 50.0 35.7 85.7 28.6 57.1 42.9 57.1 78.6 64.3 50.0 50.0 57.1 64.3 42.9 21.4 42.9 57.1 42.9 50.0 64.3 71.4 50.0 57.1 14.3 71.4 14.3 42.9 64.3 71.4 78.6 78.6 64.3 35.7 952. Diffusion index of 7 lagging indicator components (percent rising over 6-month span) 75.0 83.3 66.7 100.0 66.7 91.7 25.0 41.7 33.3 25.0 41.7 33.3 66.7 41.7 41.7 100.0 100.0 83.3 58.3 83.3 75.0 66.7 66.7 58.3 58.3 58.3 58.3 58.3 41.7 41.7 83.3 75.0 100.0 83.3 66.7 66.7 0 0 8.3 8.3 8.3 8.3 58.3 91.7 83.3 100.0 91.7 91.7 100.0 100.0 83.3 75.0 75.0 57.1 85.7 71.4 71.4 64.3 85.7 57.1 0 0 0 14.3 28.6 28.6 100.0 100.0 100.0 85.7 100.0 100.0 71.4 71.4 78.6 57.1 57.1 35.7 21.4 21.4 21.4 21.4 28.6 50.0 64.3 92.9 85.7 64.3 50.0 57.1 85.7 92.9 64.3 85.7 92.9 78.6 50.0 50.0 57.1 35.7 64.3 64.3 85.7 78.6 78.6 64.3 64.3 50.0 85.7 71.4 71.4 85.7 85.7 85.7 42.9 57.1 57.1 57.1 42.9 42.9 71.4 71.4 100.0 85.7 78.6 57.1 78.6 78.6 92.9 71.4 100.0 57.1 42.9 28.6 28.6 28.6 42.9 14.3 35.7 42.9 57.1 57.1 42.9 14.3 71.4 71.4 71.4 71.4 42.9 42.9 71.4 85.7 71.4 71.4 100.0 100.0 57.1 71.4 57.1 57.1 50.0 57.1 0 0 0 14.3 28.6 28.6 71.4 57.1 64.3 57.1 28.6 42.9 71.4 92.9 100.0 78.6 85.7 78.6 71.4 71.4 71.4 78.6 71.4 92.9 78.6 85.7 71.4 85.7 85.7 57.1 28.6 28.6 0 28.6 0 14.3 71.4 57.1 85.7 71.4 85.7 57.1 28.6 28.6 28.6 28.6 7.1 14.3 28.6 42.9 28.6 57.1 71.4 85.7 100.0 92.9 85.7 71.4 92.9 85.7 71.4 57.1 57.1 64.3 64.3 57.1 28.6 50.0 42.9 28.6 28.6 42.9 71.4 57.1 57.1 57.1 85.7 64.3 78.6 50.0 57.1 71.4 64.3 78.6 42.9 71.4 57.1 71.4 64.3 42.9 100.0 25.0 83.3 66.7 41.7 58.3 25.0 100.0 71.4 57.1 28.6 85.7 42.9 64.3 64.3 85.7 78.6 71.4 57.1 42.9 85.7 78.6 21.4 14.3 64.3 71.4 57.1 14.3 57.1 85.7 78.6 57.1 28.6 71.4 7.1 85.7 71.4 71.4 28.6 78.6 71.4 35.7 NOTE.—Diffusion indexes are centered within the spans: 1-month indexes are placed on the ending month, and 6-month indexes are placed on the 4th month. 50.0 83.3 75.0 25.0 75.0 66.7 58.3 58.3 58.3 83.3 71.4 78.6 35.7 28.6 33.3 66.7 50.0 83.3 75.0 58.3 58.3 58.3 42.9 57.1 78.6 28.6 78.6 50.0 64.3 78.6 42.9 64.3 78.6 28.6 57.1 64.3 21.4 28.6 50.0 57.1 71.4 35.7 85.7 50.0 64.3 50.0 71.4 57.1 57.1 64.3 57.1 7.1 42.9 57.1 64.3 42.9 45.1 54.9 62.5 58.3 62.5 31.2 70.1 67.0 64.3 29.2 68.5 57.2 45.2 64.3 63.1 58.3 63.7 67.8 47.6 62.5 66.7 39.3 41.1 45.2 70.2 54.2 28.6 28.6 85.7 92.9 64.3 50.0 57.1 14.3 78.6 50.0 50.0 35.7 50.0 71.4 57.1 57.1 35.7 42.9 71.4 50.0 50.0 57.1 28.6 78.6 64.3 71.4 28.6 35:7 50.0 42.9 26.2 47.0 66.1 74.4 66.1 42.2 62.5 36.3 50.0 73.2 57.7 46.4 53.0 58.9 54.2 75.0 58.3 83.3 83.3 58.3 58.3 41.7 83.3 71.4 57.1 71.4 57.1 42.9 71.4 50.0 64.3 64.3 71.4 42.9 57.1 57.1 78.6 14.3 0 71.4 85.7 42.9 14.3 57.1 85.7 85.7 71.4 75.0 58.3 83.3 83.3 58.3 50.0 41.7 100.0 64.3 42.9 71.4 57.1 35.7 64.3 35.7 64.3 64.3 85.7 42.9 57.1 78.6 57.1 28.6 28.6 85.7 64.3 28.6 28.6 57.1 78.6 57.1 57.1 40.3 71.5 72.9 55.6 77.1 16.7 77.8 83.1 69.0 23.8 85.7 57.1 36.3 67.9 73.2 56.0 71.4 76.8 51.2 76.2 81.0 32.8 30.4 58.9 83.9 63.7 15.5 50.6 79.2 76.2 76.2 28.6 71.4 14.3 85.7 71.4 85.7 28.6 85.7 92.9 28.6 28.6 50.0 14.3 85.7 57.1 85.7 35.7 71.4 92.9 28.6 32.2 67.2 21.4 52.4 83.9 62.5 40.5 63.1 75.6 56.6 C-30 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR Jan. Feb. Mar. Apr. 1948 1949.. 1950 1951.. 1952 1953 1954.... 1955 1956 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968.. 1969 1970 1971 1972 1973..... 1974 1975 1976 1977 1978 1979 1980. 1981 1982 1983 1984.... 1985 1986 1987 1988 1989 40.4 39.4 39.6 40.8 40.7 41.0 39.5 40.3 40.8 40.3 38.8 40.1 40.5 39.2 40.0 40.4 40.1 41.2 41.4 41.0 40.3 40.7 40.4 39.9 40.2 40.4 40.5 39.2 40.5 39.7 39.6 40.5 40.0 40.1 38.0 39.4 40.7 40.4 40.8 40.9 41.1 41.1 40.2 39.4 39.7 40.8 40.7 41.0 39.7 40.5 40.6 40.4 38.6 40.2 40.1 39.3 40.3 40.3 40.6 41.2 41.6 40.4 40.9 40.4 40.2 39.7 40.4 40.9 40.4 38.9 40.3 40.3 39.9 40.5 40.1 39.9 39.6 39.2 41.0 40.1 40.6 41.1 41.0 41.1 40.4 39.1 39.7 41.0 40.6 41.1 39.5 40.7 40.4 40.2 38.7 40.4 39.9 39.4 40.5 40.4 40.6 41.4 41.5 40.4 40.7 40.8 40.1 39.8 40.4 40.8 40.4 38.8 40.2 40.2 40.5 40.6 39.8 40.0 39.1 39.6 40.7 40.4 40.8 41.0 41.0 41.0 1948 1949 1950 1951. 1952. 1953 1954 1955 1956 1957 1958 1959 I960 1961.... 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978.... 1979 1980.. 1981... 1982 1983 1984 1985 1986 1987 1988 1989. 166 285 294 174 221 175 303 256 218 242 354 292 281 393 301 310 283 243 222 196 206 179 240 292 264 226 294 522 360 394 343 353 416 424 563 507 364 378 375 355 348 296 206 305 288 181 201 177 318 240 226 225 407 284 271 429 295 301 270 248 219 231 196 186 256 286 262 223 315 532 340 427 381 352 397 410 514 478 345 402 384 350 314 303 201 333 276 166 209 188 320 228 221 219 436 258 303 379 287 288 277 237 182 256 194 185 262 294 258 227 302 536 358 346 335 346 438 413 566 479 348 389 393 338 303 318 May June July Aug. Sept. 1. Average weekly hours of production or nonsupervisory workers, manufacturing (hours) 40.4 40.2 40.2 40.1 40.0 39.6 38.9 39.1 38.8 39.0 39.4 38.9 40.1 40.2 40.5 40.8 41.1 40.8 41.2 40.2 40.4 40.9 40.7 40.5 40.1 40.4 40.5 40.1 40.5 41.0 41.1 40.7 40.9 40.6 40.4 39.8 39.4 39.6 39.6 39.5 39.7 39.5 40.6 40.9 40.6 40.6 40.6 40.7 40.1 40.2 40.6 40.2 40.2 40.4 40.1 39.8 39.9 39.9 39.8 39.7 39.2 38.6 38.8 39.0 39.4 39.6 40.5 40.6 40.5 40.2 40.3 40.1 39.8 39.7 40.0 39.8 39.7 39.4 39.6 39.6 39.9 40.0 40.1 39.5 40.4 40.4 40.7 40.5 40.3 40.5 40.2 40.6 40.5 40.5 40.4 40.6 40.8 40.7 40.7 40.8 40.9 40.5 41.1 41.0 41.2 41.1 41.0 40.8 41.4 41.4 41.2 41.4 41.3 41.5 40.5 40.5 40.4 40.4 40.6 40.7 40.0 40.9 40.8 40.9 40.7 40.9 40.7 40.7 40.7 40.6 40.6 40.7 39.9 39.9 39.8 40.0 39.8 39.3 39.9 40.0 39.7 39.9 39.8 39.4 40.6 40.5 40.5 40.7 40.6 40.6 40.6 40.9 40.7 40.7 40.5 40.7 40.2 40.2 39.3 40.3 40.2 40.0 39.2 39.4 39.2 39.0 39.7 39.9 40.2 40.3 39.6 40.3 40.1 39.8 40.4 40.5 40.4 40.3 40.4 40.4 40.8 40.4 40.5 40.6 40.5 40.6 40.2 40.2 39.2 40.2 40.1 40.2 39.2 39.1 39.5 39.3 39.4 39.6 40.0 39.9 40.1 40.1 39.9 39.7 39.1 39.2 39.0 39.0 39.0 38.9 40.1 39.8 40.0 40.3 40.3 40.6 40.7 40.6 40.9 40.7 40.5 40.5 40.4 40.5 40.4 40.6 40.6 40.3 40.6 40.6 40.6 40.7 40.8 40.7 41.0 41.0 41.0 41.0 41.0 40.9 41.1 41.0 41.1 41.1 41.0 41.1 41.0 41.0 41.1 41.0 41.0 40.9 5. Average weekly 210 379 263 199 219 179 313 228 223 239 438 244 294 381 283 293 265 237 179 259 193 181 326 281 260 238 289 521 371 371 322 411 532 395 566 470 360 387 374 329 299 299 initial claims for unemployment 219 239 359 377 252 250 209 199 242 213 195 198 314 313 222 222 227 236 246 244 410 400 246 258 322 316 334 358 304 301 284 288 262 257 224 224 194 192 231 236 194 195 197 182 291 302 289 290 286 262 234 233 314 294 491 496 394 392 358 378 331 324 358 341 581 616 405 401 551 585 406 453 350 348 392 383 378 378 325 325 294 305 328 312 insurance, State programs (thous.) 194 202 218 340 385 320 223 170 182 236 254 242 315 207 168 207 229 238 294 319 322 223 233 204 245 224 236 267 235 305 350 363 338 264 291 271 335 363 351 348 316 329 303 305 300 282 290 285 260 244 245 231 248 218 199 195 197 231 212 217 192 199 194 195 196 195 273 287 319 285 325 307 272 246 245 232 247 241 294 350 374 442 449 447 393 389 410 370 368 363 347 339 321 377 383 378 510 495 488 395 421 483 533 605 653 380 408 387 365 358 368 381 375 381 370 379 377 321 299 293 321 298 290 338 316 320 Oct. Nov. Dec. Annual 39.7 39.4 40.9 40.2 41.1 40.0 39.6 40.9 40.5 39.3 39.5 40.1 39.6 40.2 40.2 40.6 40.6 41,2 41.3 40.6 40.9 40.6 39.5 39.9 40.7 40.6 40.0 39.8 40.0 40.5 40.5 40.2 39.8 39.7 38.9 40.7 40.5 40.7 40.7 41.2 41.2 40.8 39.7 39.0 40.9 • 40.3 41.0 39.8 40.1 41.0 40.4 39.2 39.8 39.8 39.2 40.5 40.3 40.5 40.8 41.3 41.2 40.6 40.8 40.4 39.5 40.0 40.8 40.7 39.5 39.9 40.1 40.4 40.6 40.1 40.0 39.4 39.1 40.6 40.5 40.7 40.8 41.2 41.2 40.7 39.5 39.3 40.8 40.6 41.1 39.6 40.0 40.8 40.5 39.0 39.8 40.2 38.4 40.3 40.2 40.6 41.1 41.4 40.9 40.7 40.7 40.5 39.5 40.2 40.5 40.6 39.3 40.2 40.0 40.4 40.6 40.2 40.3 39.4 39.1 40.6 40.6 40.9 40.9 41.1 41.0 40.6 40.0 39.1 40.5 40.6 40.7 40.5 39.6 40.7 40.4 39.8 39.2 40.3 39.7 39.8 40.4 40.5 40.7 41.2 41.4 40.6 40.7 40.6 39.8 39.9 40.5 40.7 40.0 39.5 40.1 40.3 40.4 40.2 39.7 39.8 38.9 40.1 40.7 40.5 40.7 41.0 41.1 41.0 203 386 194 234 175 251 315 224 214 302 314 311 373 304 304 282 249 209 203 220 188 202 329 294 250 244 419 420 409 357 326 400 447 517 651 386 405 367 364 294 290 357 211 344 200 210 169 298 276 215 223 320 311 351 385 305 299 276 262 212 208 209 190 211 322 283 241 251 473 393 390 347 340 420 422 539 616 381 397 371 352 300 297 343 234 298 197 213 190 280 253 214 230 355 320 275 381 296 310 301 251 206 219 204 190 210 299 265 236 284 494 364 361 342 347 428 420 551 531 378 386 391 350 311 301 354 209 343 232 210 211 218 305 226 227 267 370 279 331 348 299 290 260 228 201 225 194 193 292 291 257 240 351 468 381 368 338 379 480 446 578 426 366 383 373 320 305 324 SURVEY OF CURRENT BUSINESS October 1990 C-31 Historical Data for Selected Series—Continued Jan. YEAR 1948.. 1949 Feb. 27.81 24.27 28.21 41.27 33.04 40.40 32.75 42.97 41.72 42.15 33.85 47.65 1985 1986 1987 1988 1989..... 28.07 25.06 28.09 46.14 32.84 42.17 31.1'1 43.31 42.97 40.47 35.69 43.25 42.40 38.04 47.01 47.08 51.99 57.22 60.98 59.93 64.66 68.24 63.68 65.86 68.86 82.52 79.77 61.08 69.34 77.91 80.10 88.38 81.11 73.26 67.72 68.77 82.23 82.52 82.68 79.76 83.32 90.82 1948 1949 14.83 15.36 1950..... 195lZZZ"! 1952 1953 1954 16.88 21.21 24.19 26.18 25.46 35.60 44.15 45.43 41.12 55.62 14.10 14.77 17.21 22.00 23.75 25.86 26.02 36.79 44.43 43.47 41.26 54.77 55.78 62.17 70.22 65.92 77.39 86.75 92.69 87.36 90.75 101.46 87.16 97.11 105.24 114.16 93.45 80.10 100.64 100.96 88.98 98.23 115.34 128.40 114.50 146.80 157.25 180.88 219.37 280.93 258.13 294.01 1950 1951 1952 1953 1954 1955 1956 1957 1958.. 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969. 1970 1971 ;...... 1972 1973..... 1974 1975 1976 1977 1978 1979 „ 1980 1981 1982 1983 1984 1955 1956. 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976.... 1977ZIZZ" 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989. 58.03 59.72 69.07 65.06 76.45 86.12 93.32 84.45 95.04 102.04 90.31 93.49 103.30 118.42 96.11 72.56 96.86 103.81 90.25 99.71 110.87 132.97 117.28 144.27 166.39 171.61 208.19 264.51 250.48 285.41 NSA Not seasonally adjusted 42.48 38.27 46.45 49.16 51.24 57.68 62.17 59.48 64.54 67.97 62.36 65.20 70,10 82.37 78.17 60.55 71.02 77.87 82.34 86.04 80.57 76.43 67.09 70.21 82.62 78.54 80.43 84.17 85.50 89.12 Mar. 29.30 23.77 28.01 42.38 36.92 40.97 32.86 46.00 41.45 41.29 33.49 45.99 39.98 40.58 45.62 49.39 50.80 57.65 64.49 59.02 64.49 67.94 62.06 63.06 69.76 83.16 77.06 58.44 72.52 81.39 83.51 88.20 75.56 75.94 69.79 70.42 80.78 77.95 78.37 84.86 85.40 86.34 Apr. May June July Aug. Sept. 8. Manufacturers' new orders in 1982 dollars, consumer goods and materials industries 28.50 29.36 30.64 31.59 31.07 22.82 22.71 21.78 23.31 26.99 32.70 32.98 29.32 41.08 46.00 37.05 35.87 35.67 32.57 38.58 38.10 33.55 38.97 36.62 35.76 41.27 40.52 40.11 42.38 35.03 33.00 34.69 33.00 33.17 34.15 46.16 45.32 44.77 44.43 44.77 40.74 39.79 40.04 42.06 40.61 38.54 39.79 40.13 38.99 39.97 33.32 34.38 36.42 i 37.66 38.42 43.48 44.88 43.77 43.03 40.50 40.69 40.01 41.03 39.75 40.98 44.01 41.52 42.88 44.28 42.55 44.64 43.83 45.32 45.88 42.90 49.00 47.50 49.46 .47.78 50.04 52.15 52.83 52.52 54.36 52.69 57.37 57.42 56.67 56.91 58.76 61.80 62.34 61.21 61.49 62.16 60.42 60.84 60.46 59.34 63.13 64.74 64.69 63.50 63.80 62.27 67.45 67.59 67.18 67.01 68.69 62.29 63.66 61.11 61.71 61.66 63.06 64.22 63.52 62.48 63.83 69.94 71,72 70.36 71.21 73.71 80.35 79.94 81.29 79.63 80.32 79.08 76.24 77.13 78.40 74.70 61.90 61.30 62.83 66.43 66.40 73.58 74.01 74.71 72.62 73.30 82.01 81.41 79.96 80.69 81.29 86.74 86.07 87.06 84.53 86.31 86.96 84.26 85.18 83.00 80.58 66.94 67.11 69.96 70.82 69.85 77.67 77.72 77.78 76.40 73.47 69.27 68.90 69.06 66.72 68.32 73.44 75.22 75.61 76.94 71.23 81.62 78.84 81.15 81.06 80.79 79.49 78.86 78.46 78.57 80.03 80.34 78.35 81.08 79.00 79.78 83.50 83.94 83.78 85.66 83.78 85.74 87.83 85.10 87,77 87.49 87.85 89.73 86.77 82.76 90.45 14.30 14.91 17.35 21.63 23.81 25.99 26.57 36.50 47.49 44.03 42.11 56.15 55.02 64.12 70.29 65.67 78.80 15.40 14.89 17,84 21.92 23.74 24.71 27.63 37.76 48.05 45.05 42.34 57.10 55.73 65.83 68.05 68.76 79.94 86.83 88.88 89.42 89.09 99.30 88.65 99.60 107.69 112.42 97,44 83.78 101.08 100.57 88.82 100.11 104.69 133.19 110.84 151.88 157.44 179.42 232.33 292.47 265.74 292.71 87.97 91.60 90.96 95.67 101.26 85.95 103.04 108.81 110.27 92.46 84.72 101.93 99.05 92.71 102.07 102.97 134.43 116.31 157.71 157.60 180.62 237.98 289.32 262.61 302.25 19. Index of stock prices, 500 common 16.15 16.82 14.78 13.97 18.44 18.74 21.93 21.55 23.73 24.38 24.84 23.95 28.96 28.73 37.60 39.78 46.54 46.27 46.78 47.55 43.70 44.75 57.96 57.46 57.26 55.22 65.62 66.50 62.99 55.63 70.11 70.14 80.24 80.72 85.04 89.28 86.06 86.78 92.59 91.43 97.87 100.53 99.14 104.62 76.06 75.59 99.72 101.64 108.01 107.65 107.22 104.75 89.67 89.79 90.10 92.40 101.77 101.16 98.76 99.29 97.41 97.66 99.73 101.73 107.69 114.55 131.73 132.28 116.35 109.70 164.10 166.39 153.12 156.55 184.90 188.89 238.46 245.30 301.38 289.12 256.12 270.68 313.93 323.73 stocks, NSA (1941-43=10) 16.42 15.94 14.76 15.29 17.38 18.43 21.93 22.89 25.08 25.18 24.29 24.39 30.13 30.73 42.69 42.43 48.78 48.49 48.51 45.84 47.70 45.98 59.74 59.40 55.84 56.51 65.44 67.79 56.97 58.52 69.07 70.98 83.22 82.00 84.91 86.49 85.84 80.65 93.01 94.49 100.30 98.11 94.71 94.18 75.72 77.92 99.00 97.24 107.21 111.01 103.80 105.83 82.82 76.03 92.49 85.71 104.20 103.29 100.18 97.75 97.19 103.92 102.71 107.36 119.83 123.50 129.13 129.63 109.38 109.65 166.96 162.42 151.08 164.42 192.54 188.31 240.18 245.00 329.36 310.09 269.05 263.73 331.93 346.61 (bit. $) 28.93 27.22 36.33 31.25 37.73 31.34 35.92 44.05 39.56 39,13 39.54 42.34 Oct. Nov. Dec. Annual 75.43 72.27 68,23 77.17 77.92 80.24 82.52 86.00 88.06 87.84 27.99 25.42 36.67 34.62 35.78 30.32 36.35 43.55 40.86 37.46 39.37 40.86 40.03 43.79 46.83 50.09 52.52 57.76 61.91 59.61 67.98 68.48 57.76 64.39 75.81 81.28 70.63 67.67 71.17 80.53 87.15 81.04 78.35 70.f6 64.96 79.76 79.28 80.42 81.31 86.80 87.89 87.60 27.11 26.54 33.42 33.37 35.92 30.86 38.52 45.18 41.02 35.99 41.30 39.83 39.64 46.29 46.80 50.02 54.00 60.12 60.81 62.31 68.94 66.24 57.74 66.39 77.58 82.16 68.14 67.41 75.04 82,76 88.31 79.78 77.79 68.32 65.09 80.56 79.70 80.26 79.46 85.80 89.72 88.78 25.95 26.06 35.39 32.30 38.81 31.14 41.29 44.30 41.40 33.94 40.95 42.81 39.55 47.91 45.73 49.94 56.32 61.67 60.25 66.53 67.19 65.78 63.28 67.08 78.66 77.99 61.16 67.58 76.89 83.29 89.07 78.48 77.55 68.81 65.22 81.86 79.44 79.93 84.69 86.81 92.64 86.12 346.32 295.95 408.20 441.07 434.04 446.51 416.81 534.81 492.22 467.85 444.39 518.39 488.09 513.88 547.31 587.74 636.98 696.00 740.96 731.68 783.15 810.78 739.23 772.78 872.82 970.51 892.70 768.87 876.97 970.84 1,026.33 1,003.71 891.04 888.23 810.37 901.19 965.43 955.27 968.01 1,014.86 1,046.46 1,054.18 15.76 15.49 16.19 15.89 15.29 16.11 15.19 16.54 15.53 15.23 19.08 23.48 24.78 23.27 31.45 44.34 46.84 43.98 48.96 57.05 54.81 67.26 58.00 72.85 83.41 19.87 23.36 24.26 23.97 32.18 42.11 46.24 41.24 50.95 57.00 53.73 68.00 56.17 73.03 84.85 91.39 77.13 95.66 103.76 95.52 84.37 97.29 109.56 109.84 69.44 88.57 101.89 93.74 100.58 104.47 130.22 119.80 132.66 167.65 164.82 186.18 237.36 280.16 277.40 347.40 19.83 22.71 25.03 24.50 33.44 44.95 45.76 40.35 52.50 57.23 55.47 71.08 60.04 72.62 85.44 19.75 23.41 26.04 24.83 34.97 45.37 46.44 40.33 53.49 59.06 56.80 71,74 62.64 74.17 83.96 91.73 81.33 95.30 106.48 91.11 90.05 99.17 117.50 94.78 67.07 88.70 104.66 93.82 96.11 107.78 133.48 123.79 139.37 164.36 164.48 207.26 248.61 240.96 276.51 348.57 18.40 22.33 24.50 24.73 29.69 40.49 46.62 44.38 46.24 57.38 55.85 66.27 62.38 69.86 81.37 41.55 43.76 46.30 48.28 55.56 56.77 61.35 60.61 66.35 68.21 61.92 63.69 75.11 79.50 72.22 67.28 72.77 81.73 85.14 81.81 89.38 77.81 95.81 101.34 94.51 82.58 99.40 109.39 105.61 68.12 84.67 105.45 96.23 103.86 108.60 126.51 118.27 122.43 167.16 166.11 184.06 238.27 318.66 267.97 347.33 92.15 80.99 92.66 105.40 96.21 84.28 92.78 115.05 102.03 71.74 90.07 101.19 94.28 94.71 103.66 135.65 122.92 138.10 165.23 166.27 197.45 245.09 245.01 271.02 340.22 88.17 85.26 91.93 98.70 97.84 83.22 98.29 109.20 107.43 82.84 86.16 102.01 98.20 96.02 103.01 118.78 128.04 119.71 160.41 160.46 186.84 236.34 286.83 265.79 322.84 C-32 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967......... 1968 1969 1970.... 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982.... 1983 1984 Jan. Feb. 7.34 5.90 7.34 13.55 9.78 11.07 8.38 9.46 11.90 11.98 8.70 9.58 10.00 10.82 11.09 11.57 14.29 14.69 17.22 14.97 21.13 24.05 23.44 20.06 20.41 25.94 30.25 23.29 23.60 25.35 28.76 33.37 8.45 6.40 7.27 13.84 9.92 11.31 8.50 10.24 11.56 11.55 8.39 9.86 10.23 10.50 12.10 11.93 12.90 14.86 18.51 16.09 21.29 24.60 22.56 21.97 21.35 27.72 30.88 21.50 22.67 25.50 32.16 35.70 30.95 28.41 30.29 23.26 30.70 1985 1986 1987 1988 1989 34.06 31.64 32.32 23.62 30.19 30.39 32.40 35.49 43.77 50.77 36.58 36.35 36.37 44.73 46.10 1948 1949. 109.4 80.4 100.4 81.9 1950. 1951 1952 1953 1954 157.4 146.3 99.6 105.0 101.9 136.4 109.8 86.5 91.5 114.7 102.8 91.2 105.5 113.0 117.4 159.2 114.9 115.3 110.7 100.4 151.0 106.8 90.9 78.7 119.6 102.4 90.4 112.3 109.7 130.6 107.3 104.9 79.5 117.6 131.0 98.0 139.2 186.9 191.9 117.2 62.8 102.6 134.5 140.2 120.5 96.9 96.9 65.3 118.8 158.5 132.5 140.9 134.7 114.7 110.7 1955 1956 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988. 1989 114.5 120.0 87.2 103.3 127.9 93.1 144.0 192.9 195.7 114.7 62.6 103.0 124.6 140.6 118.0 103.4 98.6 64.1 115.2 144.8 132.4 147.3 134.8 99.2 116.0 Mar. Apr. May June July Aug. Sept. 8.88 5.47 7.91 12.54 9.98 11.16 7.40 11.10 11.81 10.17 8.42 10.39 7.25 6.81 12.86 9.19 13.43 9.85 8.78 12.20 11.10 8.95 9.86 11.14 9.95 9.90 11.27 11.81 13.40 15.65 18.02 16.46 26.11 22.86 21.02 22.18 22.94 27.78 31.69 20.44 24.48 24.25 29.14 38.02 20. Contracts and orders for plant and equipment in 1982 dollars (bil. $) 8.81 7.94 7.41 7.66 5.64 6.22 5.70 6.20 9.73 9.39 11.25 13.87 17.72 11.65 11.11 10.70 9.31 10.54 10.78 9.72 8.21 10.21 10.66 8.47 7.62 8.21 7.83 8.17 11.12 11.01 10.51 11.59 12.23 12.35 11.80 11.59 10.65 10.10 9.82 10.02 8.49 8.96 8.60 9.88 10.66 10.86 11.06 9.81 10.79 10.80 10.44 10.52 10.50 10.07 9.93 10.49 10.67 11.25 11.77 11.28 11.24 11.07 11.21 12.13 13.40 12.16 12.02 12.35 13.52 14.94 14.04 14.55 14.19 15.77 15.56 15.14 15.69 15.08 18.72 18.34 17.88 19.13 17.90 16.04 16.53 17.18 16.90 17.49 21.38 19.86 19.64 22.40 22.77 25.89 24.55 23.08 22.91 22.64 20.34 20.13 19.45 20.39 19.09 20.84 21.63 23.51 19.05 21.17 22.57 25.07 21.52 24.19 22.61 28.07 29.33 28.59 29.37 29.39 29.68 31.53 28.61 32.75 28.85 23.41 23.74 22.28 24.15 24.46 22.01 25,67 27.37 23.71 24.27 26.72 28.68 28.32 25.46 28.06 31.72 28.99 29.39 31.85 32.57 35.58 31.67 33.33 34.07 31.86 31.32 30.77 27.79 23.94 31.48 35.29 34.33 36.26 41.87 48.93 30.17 32.42 26.58 25.91 30.58 31.62 33.34 38.59 44.99 50.81 10.64 10.50 11.13 12.72 14.40 16.41 19.62 17.06 20.89 25.47 19.84 22.47 25.74 29.07 29,02 20.84 26.02 30.22 34.04 33.40 29.82 28.20 24.30 28.82 31.63 36.46 34.51 40.06 44.51 48.69 8.03 6.34 7.95 12.47 10.06 10.25 7.25 11.84 11.50 11.46 8.35 11.60 104.0 86.8 159.1 104.5 105.6 111.6 105.8 129.3 109.8 91.7 87.2 125.0 89.8 94.0 106.7 113.9 118.8 109.6 111.8 83.7 120.0 126.0 99.2 154.2 181.4 177.7 124.1 61.2 100.3 143.1 145.3 138.9 79.8 95.6 72.0 119.2 137.6 137.7 141.9 135.9 121.6 100.2 26.31 29.61 24.03 26.41 33.88 32.77 33.38 39.90 42.03 47.61 28.40 30.05 23.68 26.88 31.90 34.38 34.32 40.27 46.23 49.13 29. Index of new private housing units authorized 103.1 116.5 106.7 96.7 104.2 106.4 160.7 161.9 161.3 96.9 96.9 99.3 101.2 101.6 103.5 106.4 103.5 106.3 116.9 106.9 108.8 126.2 133.6 132.9 100.1 101.9 109.5 92.5 86.7 90.5 96.2 102.7 91.9 119.4 117.4 115.5 90.1 95.6 99.0 94.2 96.6 100.7 107.4 108.5 116.2 122.2 121.8 116.6 117.6 115.8 114.5 112.4 105.2 109.3 86.6 103.7 97.7 102.5 90.8 94.3 114.0 112.8 113.7 116.5 118.3 126.3 115.8 116.5 107.3 166.8 172.9 153.0 188.1 178.1 184.3 166.4 176.7 164.5 93.6 98.1 108.1 78.8 81.5 74.6 102.9 102.4 97.6 151.0 143.8 143.1 157.4 160.2 142.7 136.0 132.5 129.0 90.3 69.6 65.3 94.8 78.8 96.1 77.0 73.8 71.7 134.8 142.9 126.5 144.7 138.8 141.6 136.8 136.3 132.7 142.7 148.2 143.3 121.4 119.6 127.7 118.4 115.2 114.0 107.8 105.5 108.1 30.07 29.99 24.71 25.69 33.27 34.04 33.81 42.92 46.84 51.40 29.28 28.94 22.96 26.84 31.10 34.21 33.85 40.29 50.30 48.58 by local building permits (1967=100) 102.2 84.8 94.9 136.2 110.2 112.3 182.8 158.2 133.8 122.2 92.9 94.8 107.9 107.7 115.5 98.4 94.6 100.0 119.9 118.9 121.9 126.7 122.2 120.4 99.4 97.0 94.5 92.1 92.4 86.2 111.9 111.7 114.5 109.5 112.6 113.7 93.9 92.6 93.5 103.2 101.9 109.0 111.9 112.9 115.0 128.0 119.6 118.6 114.5 118.1 118.3 112.0 111.1 113.1 84.4 79.4 70.2 112.1 103.2 107.8 128.4 117.9 118.9 112.0 115.4 110.7 116.1 122.2 125.0 181.4 175.0 175.7 189.2 195.1 206.2 156.8 155.9 146.9 86.4 72.4 79.0 87.9 85.7 91.7 107.3 127.6 112.9 145.4 153.4 144.3 144.3 136.6 141.4 123.9 128.5 132.3 101.7 110.4 119.9 68.4 75.5 71.8 84.3 74.8 84.2 138.4 145.0 128.0 128.0 122.0 121.5 135.3 144.2 152.8 141.9 137.6 134.4 120.9 120.7 120.5 114.8 116.4 114.5 102.2 106.4 104.5 Oct. Nov. Dec. Annual 7.36 6.57 11.40 10.20 9.79 10.56 9.31 11.54 11.04 9.20 9.54 10.75 10.32 10.75 11.37 12.99 14.48 16.37 17.62 17.31 24.90 22.70 17.44 20.14 24.75 32.24 27.01 20.77 26.36 26.85 38.27 33.35 7.20 7.43 11.35 10.23 9.27 8.97 8.59 12.44 12.44 9.19 9.31 10.10 7.15 6.72 12.06 11.08 11.19 8.11 9.13 12.29 11.69 8.76 9.02 10.67 93.48 75,40 122.38 144.28 123.77 118.83 99.17 135.34 141.01 121.85 107.52 126.48 9.90 11.46 12.22 13.81 15.51 16.05 17.43 17.28 21.20 22.43 20.04 21.98 25.46 32.18 24.15 21.04 25.34 26.93 32.89 33.06 10.76 10.51 12.61 13.93 15.72 17.13 17.34 17.62 23.25 22.78 21.96 22.63 26.08 30.72 26.11 124.85 126.85 138.36 150.82 171.94 188.40^ 217.73 x 200.93 264.82 283.96 245.70 257.63 282.69 350.40 350.53 19.63 25.48 30.50 30.16 33.33 265.55 296.98 326.84 379.94 406.74 30.43 28.24 24.46 30.17 32.06 36.18 34.64 41.16 44.58 47.13 29.26 27.40 23.48 27.98 32.42 32.86 35.84 40.36 45.46 49.27 30.93 26.23 24.93 27.98 31.54 36.52 37.40 43.06 49.14 54.16 361.00 351.90 309.53 317.50 380.75 411.30 414.17 474.73 544.45 592.58 89.4 135.6 86.2 141.9 123.6 90.9 117.2 100.1 135.9 107.5 93.7 88.5 134.1 100.7 92.1 108.3 116.2 122.9 113.5 118.3 66.6 113.7 125.9 104.4 131.7 182.2 192.6 120.8 67.5 95.6 132.0 152.7 145.0 103.1 111.7 60.4 99.3 134.7 131.0 134.9 131.1 116.2 120.3 108.8 82.8 146.7 158.6 94.2 108.3 102.4 132.1 107.0 92.8 89.3 115.8 108.2 89.3 109.2 116.2 128.8 105.3 119.1 67.2 115.3 121.8 101.3 154.9 186.9 208.5 111.0 74.9 94.0 130.2 151.2 146.9 101.3 100.9 64.3 109.1 131.4 129.7 143.1 151.8 107.3 119.7 112.9 98.4 111.6 153.6 103.9 108.4 103.2 116.3 125.9 100.7 89.9 104.5 113.5 94.4 100.4 111.7 120.3 116.3 112.3 88.3 100.2 118.2 116.4 118.1 167.4 192.2 157.2 92.2 80.9 K 111.8 "" 144.9 145.4 123.6 96.7 80.0 80.7 131.1 134.8 138.1 141.2 122.9 115.8 107.6 126.2 93.2 116.8 99.6 126.2 117.9 93.1 91.1 118.2 105.3 91.4 105.6 111.1 128.1 111.5 115.8 66.9 112.2 124.6 106.6 137.2 177.6 202.9 121.7 71.0 94.4 122.8 151.5 143.9 119.6 110.3 59.1 92.8 138.6 118.8 139.0 133.6 115.4 120.9 108.6 C-33 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR Jan. 1948 1949 1950 1951 1952.. 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 )65 1^66 1967,. 1968 1969 1970. 1971 1972 1973 1974 1975 1976.. 1977 1978 1979 1980. 1981 1982 1983 1984. 1985 1986. 1987 1988 1989 1948 1949 1950. 1951 1952 1953 1954 1955 1956. 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 >75 1976....... 1977 1978 1979 1980. 1981 1982 1983 1984 1985 1986. 1987 1988 1989 !! Mar. Feb. Apr. 36.3 16.6 56.3 88.7 31.3 41.5 23.6 60.6 53.5 36.3 30.3 61.8 46.2 39.2 57.1 50.4 55.3 68.5 74.9 48.2 50.6 63.6 57.9 39.8 55.2 83.7 91.8 19.5 54.0 55.3 55.6 66.4 42.1 49.7 40.1 46.7 64.4 50.4 50.1 51.5 62.0 53.6 37.1 13.1 68.0 93.3 24.9 41.8 26.9 67.2 51.3 31.2 31.0 67,3 31.7 41.1 56.2 51.0 51.9 68,1 80.1 49.9 53.9 60.1 57.7 44.2 52.6 85.2 88.8 15.9 56.1 65.1 63.4 64.0 46.0 48.5 40.8 49.9 61.5 48.6 49.8 51.2 61.2 53.3 32.7 12.4 72.0 85.1 18,8 41.8 28.0 68.5 51.0 26.3 34.0 66.3 28.8 42.1 57.0 54.9 60.3 65.9 86.4 38.0 54.0 60.5 49.3 45.0 57.1 87.5 88.9 17.3 56.7 49.6 58.9 66.7 39.1 48.7 36.4 50.8 65.5 46.7 50.5 51.9 57.3 51.6 44,680 44,631 43,472 47,227 48,229 50,043 49,340 49,363 51,880 52,808 52,002 52,410 54,184 53,524 54,703 55,927 57,281 59,419 62,415 65,240 66,656 69,297 71,059 70,752 72,357 75,521 78,020 77,153 78317 80,527 84,478 88,711 90,784 90,927 90,391 88,807 92,572 96,391 98,786 100,778 103,924 107,430 44,492 44,399 43,175 47,519 48,491 50,271 49,270 49,523 52,096 53,000 51,448 52,558 54,406 53,373 54,996 56,039 57,621 59,710 62,766 65,224 67,026 69,575 71,201 70,689 72,542 75,923 78,181 76,743 78,614 80,783 84,800 88,955 90,889 90,987 90,391 88,715 93,068 96,503 98,872 100,982 104,356 107,648 44,615 44,169 43,816 47,700 48,450 50,360 49,081 49,867 52,141 53,052 51,131 52,863 54,348 53,462 55,109 56,157 57,686 59,921 63,129 65,305 67,156 69,803 71,363 70,766 72,850 76,168 78,184 76,429 78,828 81,228 85,339 89,406 90,970 91,085 90,264 88,919 93,355 96,840 98,946 101,216 104,626 107,811 May June July Aug. 32. Vendor performance, slower deliveries diffusion index (percent) 40.4 38.4 41.6 31.2 36.8 22.4 16.2 15.0 33.0 15.5 89.4 68.8 82.9 76.5 81.7 45.0 36.7 32.2 32.0 65.7 19.4 22.4 33.0 47.4 41.2 38.6 35.1 33.3 26.5 28.5 36.4 30.3 35.8 34.3 38.1 71.9 68.7 65.7 67.0 64.3 51.0 38.6 41.0 53.9 46.8 28.9 30.0 30.0 36.8 30.8 39.2 35.5 38.5 43.0 44.7 57.4 63.0 63.7 64.8 59.1 28.9 34.8 38.0 32.3 35.8 49.3 49.4 50.6 47.5 47.9 47.4 45.2 43.3 43.7 45.1 56.4 58.2 56.3 43.6 48.5 61.4 57.6 61.8 66.2 57.7 65.4 69.4 68.9 69.3 65.1 79.3 71.6 74.6 74.3 73.1 34.4 44.8 36.9 36.5 40.9 49.4 49.0 49.9 55.9 47.8 67.0 65.7 70.3 63.9 64.9 46.1 48.7 67.2 66.1 49.8 49.4 47.9 47.4 48.9 49.7 56.1 57.7 62.9 55.0 61.7 85.6 85.2 86.7 86.6 86.7 69.2 82.1 66.3 74.5 73.1 35.1 21.7 22.7 24.9 28.7 55.2 57.3 58.3 58.6 54.0 55.4 54.6 53.3 58.3 53.5 59.4 57.4 61.1 60.6 57.1 61.4 57.4 75.6 63.7 52.9 32.4 40.1 36.9 29.8 36.3 47.9 49.6 51.2 50.2 44.9 38.2 42.1 45.2 45.8 45.3 56.8 60.2 52.7 51.9 58.9 56.2 55.2 64.6 59.1 62.5 46.1 48.0 47.1 45.7 46.6 49.9 50.2 49.9 50.8 50.7 56.8 52.8 54.0 60.3 58.9 58.4 57.4 58.6 65.6 56.9 47.6 52.6 44.6 49.5 46.3 44,334 44,057 44,238 47,849 48,476 50,367 48,984 50,106 52,302 53,029 50,787 53,190 54,561 53,485 55,384 56,398 57,846 60,080 63,318 65,373 67,422 69,980 71,283 70,969 73,079 76,308 78,239 76,333 79,142 81,615 86,064 89,356 90,747 91,175 90,028 89,244 93,722 97,017 99,128 101,567 104,860 107,988 41. Employees on nonagricultural payrolls (thous.) 44,863 45,059 45,052 44,615 43,582 43,490 43,806 43,415 44,589 44,953 45,361 46,035 47,803 47,915 47,806 47,923 48,478 48,130 47,992 48,687 50,272 50,386 50,343 50,385 48,810 48,644 48,857 48,689 50,414 50,705 50,823 50,905 52,454 51,764 52,387 52,396 52,961 52,999 52,970 52,918 50,760 50,822 51,118 50,915 53,382 53,603 53,683 53,230 54,292 54,230 54,198 54,366 53,664 53,922 54,052 54,232 55,514 55,563 55,663 55,796 56,534 56,832 56,571 56,705 57,974 58,128 58,309 58,510 60,389 60,590 60,868 61,072 63,989 63,595 64,166 64,306 65,642 65,478 65,816 65,933 67,519 67,779 67,979 68,189 70,478 70,742 70,197 70,629 70,998 70,750 70,888 70,927 71,129 71,136 71,169 71,168 73,346 73,639 73,576 73,908 76,743 76,473 76,713 77,009 78,492 78,381 78,443 78,511 76,470 76,640 77,034 76,400 79,188 79,264 79,469 79,591 81,984 82,392 82,954 82,743 86,396 86,833 87,060 87,319 89,985 89,671 90,088 90,148 90,269 89,931 89,670 89,933 91,151 91,328 91,467 91,415 90,006 89,769 89,272 89,435 90,404 89,558 89,970 90,065 94,432 94,039 94,760 94,988 97,814 97,283 97,413 97,608 99,149 99,253 99,460 99,616 101,774 101,953 102,308 102,535 105,052 105,489 105,902 105,735 108,364 108,135 108,490 108,628 Sept. 28.3 39.9 73.7 46.4 42.7 23.2 43.6 66.3 42.8 28.8 51.1 57.5 37.3 50.7 45.1 49.7 71.9 61.2 72.4 46.5 48.4 68.9 46.5 48.9 65.5 90.1 51.8 43.8 52.6 56.7 60.0 50.7 41.2 45.9 45.9 60,7 52.8 49.5 49.6 61.5 55.2 43.8 45,167 43,708 46,304 47,743 49,076 50,216 48,752 51,085 52,446 52,825 51,359 53,265 54,069 54,303 55,860 56,971 58,777 61,333 64,367 66,074 68,333 70,800 70,815 71,499 74,107 77,170 78,542 77,216 79,857 83,460 87,470 90,166 90,058 91,354 89,122 91,214 95,302 98,021 99,945 102,713 106,178 108,868 Oct. Nov. 28.7 46.1 70.3 47.2 43.3 20.7 49.5 66.5 40.1 32.6 52.4 58.5 36.2 52.4 46.7 47.4 71.2 59.1 68.7 51.1 53.3 66.8 39.0 50.9 73.0. 88.7 45.3 44.8 49.0 53.6 64.7 46.9 46.5 37.7 46.5 62.8 49.3 50.0 51.3 62.2 54.8 42.9 45,084 42,823 46,530 47,833 49,436 50,114 48,828 51,308 52,667 52,673 51,379 53,203 53,982 54,375 55,919 57,148 58,658 61,538 64,614 66,091 68,569 70,957 70,383 71,485 74,537 77,506 78,599 77,479 79,847 83,659 87,788 90,356 90,350 91,259 88,836 91,457 95,594 98,240 100,179 103,259 106,458 108,980 Dec. Annual 28.0 51.5 79.1 34.9 45.0 20.2 51,9 64.9 44.6 27.8 55.8 54.6 37.6 51.1 48.7 48.7 70.3 65.1 62.6 51.4 61.0 64.1 37.8 50.9 74.5 96.8 34.0 46.8 47.2 56.3 64.5 46.8 46.8 40.5 46.9 67.5 48.1 48.5 52.0 64.9 52.1 43.0 17.7 52.2 87.5 33.6 43.5 21.8 54.5 61.4 39.5 27.3 56.4 53.7 40.4 55.8 50.1 47.6 67.8 73.5 57.9 49.9 58.3 66.8 37.5 53.3 80.7 92.8 23.2 41.2 53.3 57.1 63.5 42.2 50.1 41.2 48.6 62.1 48.8 49.3 52.8 62.7 53.0 42.5 33.1 27.8 75.5 53.4 34.4 31.1 37.7 66.1 46.2 30.6 42.7 60.6 35.7 48.1 48.8 51.1 62.8 66.6 73.0 44.0 52.6 65.2 503 48.0 62.7 88.0 65.8 30.2 54.4 55.7 60.5 57.9 40.6 46.3 43.5 56.8 57.3 48.0 50.6 57.4 57.7 47.6 45,083 43,148 46,654 48,026 49,710 49,824 49,102 51,491 52,722 52,458 51,831 53,503 53,843 54,636 55,943 57,125 59,080 61,859 64,839 66,570 68,837 70,921 70,264 71,723 74,904 77,867 78,234 77,582 80,122 84,012 88,233 90,449 90,583 91,020 88,671 91,771 95,936 98,435 100,346 103,471 106,768 109,245 45,032 43,497 46,756 48,119 49,933 49,627 49,242 51,721 52,865 52,281 51,968 54,033 53,571 54,739 55,915 57,251 59,320 62,209 65,042 66,767 69,151 71,119 70,661 71,977 75,164 77,933 77,531 77,878 80,310 84,260 88,534 90,595 90,818 90,750 88,644 92,131 96,078 98,634 100,583 103,805 107,071 109,383 44,866 43,754 45,197 47,819 48,793 50,202 48,990 50,641 52,369 52,853 51,324 53,268 54,189 53,999 55,549 56,653 58,283 60,765 63,901 65,803 67,897 70,384 70,880 71,214 73,675 76,790 78,265 76,945 79,382 82,471 86,697 89,823 90,406 91,156 89,566 90,200 94,496 97,519 99,525 102,200 105,536 108,413 C-34 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR Jan. Feb. Mar. May Apr. June July Oct, Sept. Aug. Nov. Dec. Annual 47. Index of industrial production (1987=100) 1948 1949 23.5 23.2 1950. 1951 1952 1953 1954 1955 1956 1957 1958 1959 22.9 28.1 28.4 31.4 29.6 31.6 35.1 36.0 33.0 36.0 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 39.6 36.3 40.4 42.5 45.5 49.6 54.4 57.6 59.4 62.6 62.1 61.5 65.6 71.8 73.0 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 23.3 22.5 23.3 22.4 23.7 22.1 24.0 22.0 24.0 22.0 23.9 22.2 23.7 22.4 23.9 21.6 23.6 22.2 23.4 22.6 23.6 22.3 23.8 28.4 28.6 31.8 29.5 32.7 34.8 36.3 31.9 37.2 24.6 28.5 28.4 32.0 29.3 33.1 35.1 35.8 31.4 38.0 25.2 28.4 28.1 32.2 29.5 33.7 34.8 35.7 31.7 38.6 25.9 28.2 27.8 32.0 29.6 33.7 34.5 35.8 32.6 38.6 26.7 27.8 27.4 32.4 29.6 34.0 33.4 36.0 33.0 37.7 27.6 27.5 29.2 32.2 29.6 33.9 34.8 36.0 33.7 36.4 27.4 27.7 30.2 31.6 29.6 34.1 35.6 35.7 34.0 36.4 38.9 36.4 41.3 43.2 45.8 50.6 55.5 56.6 59.8 63.5 62.0 61.3 66.5 72.8 73.0 64.1 70.9 76.6 80.0 86.1 86.2 85.7 83.7 81.3 91.9 94.1 94.6 98.2 103.9 107.7 38.6 37.2 41.4 43.6 46.5 50.8 55.5 57.2 59.9 63.2 61.9 61.6 67.6 73.0 72.9 64.7 71.2 77.7 82.0 85.2 84.5 85.0 83.2 82.3 92.4 94.5 94.8 98.3 104.3 108.6 38.5 37.7 41.3 44.1 46.8 51.2 56.1 56.7 60.6 63.0 61,8 61.9 67.5 73.4 73.8 38.1 38.3 41.2 44.3 46.9 51.6 56.3 56.7 60.8 63.6 61.6 62.2 67.7 73.9 74.0 37.9 38.7 41.6 44.1 47.2 52.1 56.6 56.5 60.7 63.9 61.7 62.0 67.6 74.4 73.6 37.9 39.1 41.7 44.2 47.5 52.3 56.7 57.6 60.9 64.1 61.6 61.7 68.5 74.3 73.4 37.5 39.0 41.9 44.6 47.7 52.4 57.2 57.5 61.1 64.1 61.2 62.7 69.2 74.9 73.7 27.6 27.7 30.5 31.3 30.0 34.7 35.9 35.1 34.4 36.1 37.4 39.8 42.0 44.9 47.0 52.9 57.6 58.0 61.2 64.1 60.0 63.1 70.2 75.2 73.2 27.5 27.9 31.1 30.6 30.5 34.8 35.6 34.3 35.4 36.3 36.9 40.4 42.2 45.1 48.5 53.2 57.2 58.8 62.0 63.5 59.6 63.4 71.1 75.2 71.1 28.0 28.1 31.3 29.8 30.9 34.9 36.1 33.7 35.5 38.6 36.2 40.7 42.2 45.1 49.1 53.8 57.3 59.5 62.2 63.3 61.0 64.1 71.7 74.0 68.1 25.8 28.0 29.1 31.6 29.9 33.7 35.1 35.6 33.3 37.3 38.1 38.4 41.6 44.0 47.0 51.1 56l 57.5 60.7 63.5 61.4 62.2 68.3 73.8 72.7 64.5 72.0 78.3 82.3 86.2 82.5 85.6 82.7 83.2 93.0 94.7 94.8 99.2 104.8 108.3 65.3 72.1 78.9 83.1 86.1 81.5 86.1 82.4 83.7 93.5 94.4 94.4 100.1 105.0 108.4 65.7 72.5 78.9 83.3 85.6 81.2 87.1 82.0 85.3 93.9 94.1 94.8 100.8 106.1 107.8 66.9 72.9 79.0 83.6 85.3 82.4 86.9 81.6 86.5 94.0 94.5 95.0 101.0 106.4 108.2 67.6 73.1 79.4 84.1 85.5 83.5 86.5 81.0 87.9 93.9 95.0 95.1 100.9 106.2 108.2 67.9 73.4 79.4 84.5 86.0 84.0 85.8 80.3 88.6 93.2 94.2 95.6 102.3 106.5 107.7 68.6 74.6 79.5 85.2 85.7 85.5 84.8 80.0 88.8 93.3 94.6 96.2 102.2 106.9 108.1 69.1 75.2 79.1 85i4 85.6 85.9 84.1 79.3 89.2 92.8 95.6 96.7 102.6 107.4 108.6 66.3 72.4 78.2 82.6 85.7 84.1 85.7 81.9 84.9 92.8 94.4 95.3 100.0 105.4 108.1 784.2 761.1 788.4 747.3 839.6 894.6 936.6 959.6 958.8 1,026.7 1,073.4 1,077.2 1,091.7 1,119.3 1,157.4 1,197.9 1,245.3 1,293.6 1,371.4 1,463.1 1,526.4 1,572.9 1,660.8 1,736.1 1,732.9 1,769.2 1,900.8 1,986.8 1,936.1 1,921.2 1,995.0 2,108.1 2,232.5 2,253.2 2,239.4 2,285.2 2,246.9 2,344.3 2,475.3 2,553.9 2,635.7 2,735.4 2,855.3 2,886.7 783.8 755.3 847.9 895.0 930.6 957.2 968.4 774.2 759.1 770.7 756.0 858.2 898.9 935.4 950.2 967.8 1,040.4 1,073.7 1,069.6 1,108.2 1,148.5 1,145.6 1,213.4 1,256.3 1,306.1 1,389.8 1,479.7 1,531.7 1,595.8 1,674.5 1,737.7 1,736.1 1,793.0 1,939.7 1,991.7 1,902.6 1,923.1 2,025.5 2,117.1 2,250.9 2,255.3 811.2 878.9 917.3 952.5 948.3 1,004.4 1,058.0 1,078.0 1,079.2 1,125.2 1,154.8 1,179.4 1,236.2 1,276.1 1,348.8 1,431.1 1,508.4 1,564.8 1,637.2 1,709.6 1,739.2 1,764.0 1,859.3 1,961.6 1,930.6 l,894.4f 1,981.5 2,069.9 2,191.3 2,252.9 2,269.8 2,268.3 2,259.2 2,383.3 2,517.2 2,232.8 2,275.0 2,260.9 2,301.2 2,454.2 2,588.3 2,663.7 2,772.6 2,844.2 2,905.5 2,540.1 2,627.6 2,688.8 2,803.7 2,886.1 23.5 22.9 23.0 28.3 28.5 31.6 29.7 32.0 34.8 36.3 32.3 36.7 39.2 36.2 41.1 42.9 45.8 49.9 54.7 57.0 59.6 63.0 62.1 61.3 66.0 72.8 72.7 65.3 71.1 75.9 79.0 85.8 86.2 85.4 84.2 80.7 90.9 93.8 95.5 97.6 103.5 107.6 749.4 759.9 770.8 850.5 903.2 943.6 945.2 756.7 761.7 783.0 861.7 905.0 951.8 939.3 1980..., 1981 1982 1983 1984 1985 1986 1987 1988 1989 66.3 69.9 75.5 78.8 85.1 85.9 85.2 82.4 80.8 91.0 93.1 96.1 96.5 103.5 107.7 1948 1949 753.8 763.0 1950 1951 1952 1953 1954 972.8 1,045.8 1,077.2 1,062.5 1,108.8 1,150.5 1,156.5 1,218.5 1,257.0 1,318.1 1,394.1 1,482.1 1,546.0 1,607.3 1,676.2 1,729.8 1,745.2 1,816.3 1,937.8 1,949.2 1975 1976 1977 1978 1979 774.7 850.3 890.1 938.1 946.7 971.0 1,040.6 1,070.1 1,065.4 1,106.0 1,154.0 1,155.3 1,208.6 1,252.0 1,304.9 1,390.4 1,480.1 1,541.6 1,592.5 1,670.1 1,735.0 1,747.7 1,804.6 1,931.8 1,969.3 1,883.8 1,940.9 2,027.6 2,119.4 2,246.1 1,873.1 1,953.6 2,029.2 2,131.5 2,257.5 978.5 1,047.5 1,078.4 1,066.0 1,115.0 1,153.4 1,157.8 1,225.2 1,261.7 1,325.0 1,397.7 1,488.2 1,549.3 1,612.4 1,688.6 1,738.8 1,753.3 1,824.2 1,938.1 1,928.1 1,873.7 1,957.8 2,038.2 2,154.5 2,263.7 1980. 1981 1982 1983 1984 1985 1986 1987 1988 1989 2,258.9 2,266.5 2,258.9 2,257.9 2,400.1 2,511.6 2,577.2 2,649.8 2,742.2 2,863.6 2,253.1 2,262.3 2,265.9 2,254.9 2,425.0 2,528.5 2,598.1 2,667.9 2,761.1 2,883.5 2,245.3 2,264.7 2,271.4 2,262.7 2,436.5 2,532.1 2,617.9 2,668.5 2,777.9 2,892.9 1955 1956 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 .-. 1970 1971 1972 1973 1974 AR Annual rate 51. Personal income less transfer payments in 1982 dollars (AR, bil. $) 758.8 763.7 776.7 776.4 782.6 759.0 751.2 744.5 750.8 759.6 790.2 802.3 800.3 813.4 823.3 873.2 877.9 883.0 881.6 891.3 912.4 915.6 909.2 930.3 903.2 956.2 958.2 956.1 952.2 952.1 935.8 938.7 941.1 949.1 934.2 995.9 997.9 1,013.3 1,012.8 987.9 1,054.2 1,057.3 1,050.8 1,061.3 1,055.5 1,077.0 1,082.3 1,083.9 1,085.9 1,076.4 1,061.6 1,067.8 1,086.6 1,084.2 1,059.7 1,129.8 1,133.7 1,135.3 1,122.8 1,124.6 1,161.6 1,161.6 1,159.6 1,155.8 1,153.8 1,171.9 1,179.2 1,180.2 1,182.0 1,165.3 1,233.4 1,237.6 1,242.3 1,245.0 1,230.8 1,269.7 1,272.2 1,274.8 1,280.9 1,263.0 1,340.1 1,344.0 1,351.4 1,362.6 1,334.8 1,417.7 1,429.2 1,436.5 1,439.2 1,407.3 1,502.2 1,511.7 1,516.9 1,518.7 1,495.3 1,556.1 1,564.5 1,571.0 1,573.3 1,549.7 1,627.6 1,636.7 1,642.1 1,649.9 1,619.3 1,700.7 1,707.1 1,718.2 1,724.5 1,689.7 1,741.2 1,738.1 1,745.9 1,745.9 1,743.5 1,762.4 1,761.2 1,763.8 1,766.2 1,756.9 1,840.9 1,824.2 1,853.7 1,869.9 1,836.7 1,952.0 1,958.3 1,963.0 1,969.0 1,935.9 1,925.1 1,931.2 1,937.0 1,930.1 1,920.5 1,880.1 1,881.7 1,883.2 1,902.3 1,877.4 1,975.8 1,979.0 1,984.8 1,987.9 1,968.9 2,053.4 2,060.4 2,074.3 2,082.6 2,042.3 2,183.5 2,192.7 2,197.1 2,202.8 2,176.1 2,248.6 2,251.0 2,254.0 2,251.8 2,249.1 2,208.4 2,210.6 2,204.6 2,212.7 2,223.3 2,261.8 2,272.1 2,283.4 2,296.3 2,266.9 2,281.2 2,266.0 2,255.5 2,250.7 2,278.5 2,284.9 2,295.0 2,300.6 2,289.8 2,272.8 2,429.2 2,445.0 2,460.4 2,462.5 2,431.4 2,528.8 2,536.1 2,529.6 2,533.8 2,546.4 2,633.4 2,627.4 2,624.0 2,629.9 2,648.4 2,663.0 2,661.1 2,677.6 2,688.4 2,670.9 2,790.7 2,802.5 2,820.6 2,817.9 2,782.5 2,876.0 2,879.7 2,890.7 2,887.5 2,891.5 831.3 889.2 936.4 954.4 954.6 1,020.9 1,066.0 1,081.5 1,090.0 1,120.9 1,153.2 1,186.2 1,241.3 1,288.4 1,365.8 1,446.9 1,517.8 1,574.9 1,658.6 1,730.7 1,749.8 1,769.8 1,879.4 1,975.3 1,926.2 1,911.3 1,993.0 2,098.8 2,217.2 2,247.4 2,213.0 2,295.9 2,244.9 2,308.5 2,480.6 2,537.4 2,630.3 2,688.0 2,821.4 2,885.4 1,035.1 1,070.2 1,076.7 1,106.6 1,137.7 1,150.9 1,206.6 1,249.9 1,293.9 1,378.1 1,471.3 1,530.1 1,582.7 1,664.5 1,736.2 1,733.0 1,778.9 1,920.9 2,000.0 1,911.5 1,921.5 2,015.3 2,107.2 2,237.2 2,257.3 2,254.1 2,276.8 2,251.5 2,360.2 2,487.7 2,554.2 2,645.2 2,722.8 2,828.4 2,889.8 C-35 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR Jan. 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974. 1975 1976. 1977 1978 1979 1980. 1981 1982 1983 1984 1985 1986 1987. 1988 1989 1948 1949 1950. 1951 1952 1953 1954 1955..f 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966. 1967 1968..... 1969 1970 1971 1972 1973 1974 J975 1976 1977 1978 1979 1980. 1981 1982 1983 1984 1985 1986 1987 1988 1989 „ Feb. Mar. 118,924 121,013 120,687 142,198 136,142 152,827 145 488 157,049 166,533 170,428 158693 169,171 180,310 170,170 186,103 191,644 204,401 219 001 235,004 240 683 253,268 262,817 266,193 266,503 286,021 319,753 322,233 299,329 311,859 331,852 341,965 369,985 374,948 371,021 345,082 347,982 387,583 399,978 413,598 424,537 453,699 476,823 118,996 120,815 123,195 138,477 137,586 155,029 147,132 158,363 165,217 171,009 155,964 171,759 179,488 170,652 186,279 194,672 204,416 219,720 235,261 240,103 252,367 263,351 266,117 268,370 283,333 320,695 321,221 297,819 313,590 334,565 349,152 367,923 371,095 368,785 352,372 346,283 387,461 400,835 410,794 439,060 456,902 471,436 119,844 120,363 124,852 136,274 136,861 156,707 146,316 161,580 165,835 169,829 153,627 173,787 178,579 173,582 188,810 194,784 203,875 224,425 239,082 241,224 254,702 264,881 263,077 269,566 288,408 318,570 324,631 289,129 315,999 337,868 351,317 377,061 362,046 366,140 353,461 351,439 387,669 403,446 409,980 438,802 463,150 470,054 37.0 38.3 37.2 38.3 41.8 42.7 44.6 42.9 43.2 45.3 47.9 46.4 45.8 48.3 46.8 46.8 45.8 45.2 45.0 46.7 47.7 49.6 53 3 53.9 53.0 54.5 59.2 67.4 70.4 71.5 76.8 81.6 88.1 97.0 104.0 102.9 100.2 103.6 102.0 102.3 100.1 100.9 36.5 38.7 37.3 38.9 41.9 42.6 44.4 43.1 43.3 45.1 48.0 46.2 46.4 48.6 46.6 46.5 46.1 45.2 45.6 46.8 48.1 49.5 53.1 54.1 53.7 54.9 59.6 67.8 69.6 72.5 77.9 81.9 88.1 96.0 101.5 102.9 100.7 102.4 102.2 101.1 100.3 101.7 37.2 38.1 36.8 39.5 42.1 43.0 44.5 42.8 43.8 45.2 48.5 45.9 46.9 48.3 46.7 46.4 46.3 45.1 45.5 47.1 48.2 49.7 53.7 54.2 53.9 55.1 59.7 69.3 70.5 72.5 78.6 82.3 88.8 96.8 101.9 102.1 100.3 103.6 104.4 101.3 101.6 102.6 Apr. 120,363 119,822 126,382 133,929 138,535 156,761 147,561 163,265 166,313 167,132 152,905 176,409 179,019 172,634 188,964 196,599 207,237 224,961 237,236 241,764 254,484 266,114 261,197 270,797 290,673 317,043 323,278 293,784 318,843 338,325 361,606 366,508 355,654 367,956 352,899 352,345 390,002 404,373 418,891 439,865 462,177 477,552 May June July Aug. 57. Manufacturing and trade sales in 1982 dollars (mil. $) 121,524 118,975 120,450 121,772 117,977 120,160 120,918 117,611 144,990 147,142 129,523 134,883 134,090 131,396 134,722 135,103 139,960 140,207 137,249 140,302 154,172 156,365 156,071 153,131 144,989 146,839 146,406 145,466 163,966 163,981 164,506 163,836 159,202 165,746 166,531 164,539 166,504 166,792 167,466 167,925 153,507 157,981 160,762 156,375 178,349 178,588 178,056 172,146 175,671 174,732 176,665 176,526 175,237 176,266 180,432 178,415 188,743 187,945 188,693 190,027 199,862 195,246 196,939 198,699 211,734 209,468 212,403 208,897 227,599 223,579 222,586 226,309 236,400 238,940 237,516 239,017 245,094 242,231 241,778 242,180 261,421 255,811 258,318 257,298 265,628 265,576 266,838 268,281 265,304 264,302 265,068 264,040 276,032 274,561 272,757 272,723 294,426 299,442 292,158 293,360 319,434 315,042 315,838 315,125 324,071 324,245 322,973 319,951 293,427 295,918 298,738 300,772 318,089 321,512 322,575 321,723 337,305 340,383 342,373 341,778 361,130 359,825 361,847 365,883 376,904 372,211 372,562 371,425 349,992 348,292 355,814 354,293 364,925 365,087 365,205 364,703 350,522 354,879 350,178 347,423 357,366 365,534 366,117 366,994 395,640 392,783 397,269 394,596 407,591 402,722 402,576 409,798 416,004 419,559 418,320 421,178 442,315 444,483 447,425 449,510 467,474 463,430 465,216 467,602 475,910 474,372 470,181 484,980 62a. Index of labor cost per unit of output, manufacturing (1987=100) 37.2 37.2 36.8 36.9 37.8 38.2 38.0 38.3 38.2 37.7 36.6 36.4 36.7 36.0 35.9 40.2 40.4 40.7 41.3 41.8 42.2 42.1 42.6 42.7 42.3 43.0 42.9 42.9 43.0 42.7 44.2 43.8 44.5 44.0 44.0 42.4 42.5 42.5 42.5 42.9 44.4 45.9 43.7 44.0 45.0 45.6 45.9 45.5 45.5 45.8 47.2 48.6 47.9 47.0 46.9 45.8 46.6 45.6 45.5 47.3 47.4 47.6 47.1 47.3 47.3 47.2 47.8 47.7 46.9 46.8 47.2 47.6 47.1 47.1 47.0 46.2 45.8 45.6 45.7 46.0 46.0 45.9 46.1 46.0 46.1 44.4 44.8 44.8 44.7 44.6 45.8 45.6 45.8 45.7 46.2 46.8 47.3 47.7 47.1 47.6 48.6 48.5 48.8 49.0 49.0 50.0 50.6 50.6 50.8 51.2 53.6 53.5 53.4 53.6 53.8 54.1 54.1 54.2 54.0 54.7 53.4 54.1 53.8 53.9 53.9 55.6 55.6 55.5 55.8 55.8 61.7 60.3 60.5 60.8 62.0 69.4 69.0 68.7 68.9 69.0 70.8 70.7 71.0 71.0 71.4 74.1 72.6 73.4 72.9 74.2 77.4 77.7 77.9 78.5 78.7 85.2 83.5 83.2 84.0 85.6 92.7 94.2 90.5 93.9 94.3 98.0 98.6 98.2 98.1 99.3 102.8 102.8 103.0 102.5 103.1 102.0 101.5 101.5 101.1 100.2 100.4 100.8 100.3 100.6 100.9 101.4 102.6 101.8 102.3 102.3 102.8 103.0 102.7 102.6 102.6 98.4 100.3 99.8 98.7 99.3 101.2 100.8 100.7 100.7 100.6 101.4 102.1 101.0 101.1 101.9 Sept. Oct. Nov. 121,732 122,518 138,022 134,668 145,160 151,778 146,194 166,530 166,076 165,664 161,687 171,673 176,693 181,053 189,532 198,905 213,717 226,300 238,581 244,586 258,463 269,770 263,719 275,870 302,786 314,748 316,556 302,010 322,108 342,445 365,287 371,318 362,185 361,783 347,233 370,574 395,240 409,914 433,670 453,463 465,770 480,843 121,838 117,887 135,225 135,591 149,816 151,020 146,761 165,831 167,504 164,853 164,350 172,048 175,759 183,449 191,400 201,024 210,520 228,433 239,223 242,674 262,424 272,363 259,410 276,732 306,505 321,820 311,977 302,264 318,804 344,215 368,323 371,263 369,390 357,149 342,851 374,010 396,476 406,936 424,357 453,686 471,960 476,868 121,313 119,457 131,064 135,258 149,291 147,270 151,172 167,231 168,298 162,647 166,886 172,431 173,478 185,189 194,068 198,841 212,737 231,626 238,267 249,367 264,602 268,828 255,066 281,154 310,984 325,864 307,863 300,902 324,127 346,521 369,757 369,810 368,911 354,608 343,964 377,792 399,780 411,322 425,639 450,984 472,760 478,552 38.2 37.4 36.6 41.6 42.6 42.9 43.6 42.9 45.0 45.6 47.1 47.5 47.5 46.6 46.9 46.1 46.4 44.6 46.3 47.4 49.3 51.4 53.7 53.6 53.9 56.0 62.4 69.1 71.7 74.6 79.1 86.2 94.2 99.8 103.3 99.6 101.2 102.1 102.4 100.3 101.3 101.7 38.0 37.4 37.5 41.4 42.7 43.3 43.9 42.7 45.2 46.1 46.5 47.9 47.7 46.4 47.0 45.9 46.2 44.8 46.2 47.0 49.7 51.5 53.8 53.3 53.8 56.4 63.2 69.3 71.5 75.4 79.5 86.2 94.5 100.8 103.6 99.9 101.7 103.9 102.7 99.2 102.6 102.7 38.4 36.6 38.4 41.7 42.1 43.9 44.2 43.5 45.3 47.2 46.3 47.8 48.2 46.5 46.9 46.0 45.8 45.1 46.6 47.1 49.4 51.9 53.8 53.3 53.9 56.8 64.3 69.4 71.7 75.7 79.2 87.0 94.5 101.3 103.7 100.5 102.2 102.5 101.8 99.8 101.5 101.2 Dec. Annual 122,186 118,438 138,427 133,950 151,984 144,725 154,744 167,504 169,945 158,962 162,305 177,213 173,835 185,952 190,801 203,233 219,532 232,436 239,320 254,505 262,358 268,492 263,400 283,107 315,510 321,157 297,563 304,130 333,797 350,556 371,137 368,721 368,715 350,559 343,007 385,300 401,156 410,011 434,296 453,524 475,685 ' 477,581 1,447,917 1,436,979 1,594,392 1,625,656 1,703,093 1,835,856 1,769,068 1,963,642 1,991,739 1,999,211 1,905,042 2,091,630 2,120,755 2,133,031 2,271,365 2,370,448 2,518,937 2,706,975 2,853,847 2,926,189 3,095,516 3,202,939 3,156,893 3,288,172 3,563,606 3,825,089 3,816,562 3,578,222 3,843,026 4,088,186 4,327,229 4,455,691 4,341,335 4,357,921 4,183,871 4,361,736 4,725,655 4,869,502 5,046,286 5,337,654 5,585,825 5,715,152 38.2 37.1 38.2 42.1 42.5 44.6 43.6 42.9 45.5 47.4 46.5 46.2 48.2 46.2 46.9 46.3 45.6 45.0 46.5 47.1 49.7 52.4 53.7 53!8 54.0 58.3 66.4 69.7 71.7 76.3 80.5 87.9 95.5 102.1 104.7 101.2 103.1 103.1 101.0 99.9 100.9 101.6 37.4 37.8 37.0 40.7 42.3 43.1 44.1 42.8 44.5 45.8 47.4 46.6 47.3 47.3 47.0 46.1 46.0 44.9 45.9 47.1 48.8 50.8 53.6 53.9 53.8 55.9 61.7 68.9 71.0 73.8 78.5 84.6 92.4 98.8 103.1 101.3 101.0 102.6 102.5 100.0 101.0 101.7 C-36 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR 1948 1949 1950, 1951... 1952 1953 1954 1955 1956 1957 1958 1959 I960.. 1961 1962..... 1963 1964 1965 1966 1967 1968 1969 1970. 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957. 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982... 1983 1984 1985 1986 1987 1988 1989 Jan. ;. Mar. Feb. Apr. 21.7 3.2 3.3 3.2 -8.2 5.8 0 -17.7 8.7 -5.1 13.4 -2.6 -9.9 2.5 16.7 -2.5 -12.2 -10.0 0 5.3 16.4 -2.4 22.7 4.6 -16.5 H.7 20.2 19.6 12.7 -3.3 8.2 17.7 2.8 20.6 24.8 -18.8 -11.2 6.0 -12.1 16.6 2.4 0 -15.1 13.3 3.3 20.5 2.9 -2.8 -5.3 5.7 2.8 -5.2 2.5 -5.1 16.9 7.7 -5.0 -7.4 8.1 0 17.2 2.6 10.5 -2.4 -4.4 4.5 17.1 9.2 8.4 7.4 -12.8 18.1 18.6 4.5 0 -11.7 -25.3 0 6.2 -13.0 2.4 -13.2 2.4 9.9 25.6 -17.1 -15.0 20.2 5.9 11.9 2.7 -8.0 14.8 2.7 13.2 -7.5 13.7 -7.2 2.6 -2.6 5.3 -2.6 -2.6 8.0 2.5 5.0 14.4 2.2 4.6 4.5 2.0 30.0 16.7 0 11.3 6.0 10.0 10.5 4.8 -8.9 -4.7 15.0 29.1 2.4 16.7 11.2 12.4 4.9 -3.6 14.6 3.3 1.4 9.8 -4.0 4.0 3.0 11.9 -4.4 -1.6 4.5 -1.7 -1.5 .6 -4.0 2.5 3.4 .7 2.8 10.0 .2 -2.8 2.1 13.9 21.7 2.4 1.0 8.6 8.1 8.0 6.7 10.7 1.0 .2 6.3 .6 -1.7 2.3 -.2 10.0 5.3 -1.3 15.2 2.0 1.4 8.4 -4,2 4.0 .7 11.8 -3.8 -2.4 4.9 -.3 -2.5 1.0 -4.6 4.5 3.3 3.2 1.5 9.6 .9 -.8 4.0 15.6 22.0 1.6 2.7 10.0 9.2 6.6 5.3 7.4 -.3 1.1 4.3 -.2 -2.3 2.7 .5 10.6 2.5 -1.8 16.2 1.8 2.8 6.9 -4.9 5.4 -.4 11.9 -4.0 -.7 3.5 1.0 -3.1 1.7 -4.7 4.7 3.8 4.6 1.2 10.0 1.6 1.1 5.1 14.8 23.2 3.1 3.3 11.1 9.5 6.3 5.1 5.1 -2.3 .8 4.6 3.3 -1.9 4.8 2.3 May July Aug. Sept 62b. Change in index of labor cost per unit of output, manufacturing (AR, percent) 0 -12.2 3.3 10.2 21.2 13.5 6.5 -3.1 0 -6.1 -9.1 -9.1 -6.4 -3.2 -3.2 -12.4 26.1 -3.3 6.1 23.5 9.3 19.2 15.5 -5.6 12.0 " 2.9 2.9 -15.6 5.9 8.9 0 2.8 -2.8 0 -8.1 5.8 0 -7.8 -5.3 -10.4 -5.3 5.6 -8.1 0 -2.8 0 2.9 11.9 8.6 -21.2 -2.7 11.5 49.0 0 8.2 -10.0 0 8.2 11.2 -5.1 -20.4 2.5 -16.0 5.2 -7.4 5.2 8.2 -2.6 -7.6 23.1 19.6 5.2 5.2 5.2 7.9 5.2 -4.9 -2.5 -11.9 -7.4 -2.5 -5.0 -2.5 -11.7 10.8 2.6 10.7 -11.9 -2.5 -2.5 -5.1 -14.5 2.7 13.9 -5.1 2.6 5.4 -2.6 -9.9 0 2.6 8.1 -7.7 -2.6 2.7 -10.2 5.5 0 8.2 5.4 -5.1 13.9 -2.6 2.6 -7.4 8.0 5.2 10.6 -2.5 -4.9 -2.4 10.4 7.7 5.0 0 7.6 15.4 7.5 0 4.8 9.9 4.8 -2.2 -4.4 4.6 0 4.6 -2.2 2.2 -2.2 -2.2 -2.2 16.7 -21.6 11.8 4.5 -10.6 -6.5 2.3 0 0 -2.1 0 4.4 6.7 11.4 4.1 12.7 6.1 19.3 6.0 8.0 7.2 -3.4 5.4 -5.1 -8.3 1.8 5.2 5.2 -1.7 5.2 0 7.0 8.5 12.1 5.1 1.6 6.7 1.7 -16.9 4.8 3.1 9.6 3.1 6.3 12.2 -4.2 19.0 18.6 5.8 8.7 33.4 16.7 25.6 3.9 1.3 -1.3 1.2 6.3 -4.8 6.2 15.9 14.3 0 2.4 3.6 7.3 1.2 2.4 -1.2 -5.7 0 -4.6 -10.2 -7.0 -1.2 -4.7 3.6 3.6 3.6 6.1 11.2 -19.0 -4.6 3.6 -3.5 -2.3 2.4 -3.4 -1.2 -18.8 2.4 -2.3 -5.8 -12.5 -3.6 12.8 -11.2 11.5 -10.1 0 6.1 -4.6 -2.4 8.7 -17.2 1.2 3.6 8.6 -2.3 -2.3 62. Change in index of labor cost per unit of output, manufacturing, smoothed (AR, percent) t 3.6 9.6 6.0 3.1 5.2 7.5 1.4 .1 -.6 -3.4 -5.2 -1.8 -3.4 -2.2 -2.6 -5.0 -5.8 -1.9 15.7 12.2 17.8 17.1 15.3 15.1 3.2 1.8 1.8 1.1 1.7 3.9 .1 2.4 2.5 1.9 .3 2.9 -.4 2.2 -2.6 5.0 -2.8 -3.9 -5.4 -5.7 -4.9 -3.5 -.6 1.1 5.5 6.5 12.8 11.9 9.8 5.1 1.4 .6 2.1 1.4 .8 .9 6.5 .3 -2.6 -5.0 -5.0 10.7 9.4 -4.6 1.5 6.6 -2.9 -4.5 3.0 2.7 2.7 4.3 4.0 1.1 -1.5 -6.1 -6.8 .6 -4.1 -6.9 4.1 4.2 .8 3.0 5.7 2.5 -5.6 .1 -5.0 -6.1 -2.7 -1.3 -.1 .1 .6 .2 .6 1.3 -4.0 -4.2 -5.2 -5.1 -3.0 -1.9 2.7 3.5 5.3 4.3 3.8 3.9 4.1 2.7 3.0 4.3 2.8 2.6 6.1 6.0 6.2 6.0 5.0 5.1 4.1 4.8 5.3 6.1 6.5 1.9 4.3 2.8 5.9 2.2 1.2 8.3 —^j 1.4 1.4 1.0 .3 2.1 3.0 2.3 .7 1.9 L5 1.9 6.7 5.5 5.0 6.7 4.0 3.5 10.4 9.4 14.1 12.3 10.5 10.0 16.6 11.1 6.0 2.9 20.1 1.0 4.1 4.2 4.2 3.7 3.8 4.1 3.7 4.5 6.0 3.4 6.3 6.5 5.7 4.0 3.8 7.9 3.5 3.8 10.4 10.4 9.7 9.3 10.9 10.1 13.4 16.6 16.8 14.8 8.6 11.5 5.4 6.6 6.6 5.1 6.5 5.7 3.4 4.1 2.6 2.0 1.6 1.5 -4.2 -4.2 -4.2 -5.0 -3.3 -5.8 1.4 .4 .9 .3 .9 1.6 -.2 -1.0 -.9 -.3 -.6 1.6 2.4 .8 1.6 0 1.9 -.7 -4.0 -3.0 -5.7 -6.5 -4.5 -1.0 3.0 2.8 1.7 .5 4.0 .9 .8 0 0 1.3 1.0 1.1 t Data are smoothed by an autoregressive-moving-average filter developed by Statistics Canada. AR Annual rate June Oct. Nov. Dec. Annual -6.1 0 33.8 -5.6 2.9 11.8 8.6 -5.5 5.5 14.0 -14.3 10.6 5.2 -5.0 2.6 -5.1 -5.1 5.5 -2.6 -9.7 10.2 2.4 2.3 -6.5 -2.2 8.9 16.5 3.5 -3.3 13.7 6.2 0 3.9 12.7 3.5 3.7 6.1 23.3 3.6 -12.4 16.5 12.5 13.4 -22.9 32.9 9.1 -15.6 18.0 8.5 25.0 2.7 32.7 -5.0 -2.5 13.3 2.6 -2.5 2.6 -9.9 8.3 10.9 2.6 -7.0 9.7 0 0 2.3 8.9 23.0 1.7 3.4 4.9 -4.4 11.7 0 6.1 1.2 7.5 6.1 -15.0 -10.0 7.5 -12.1 -16.2 -6.1 17.7 -6.1 12.1 12.0 20.9 -15.1 -15.4 5.4 5.2 5.3 -33.5 0 -7.5 0 8.1 -5.1 -2.6 -2.5 0 7.5 12.2 -2.2 11.9 2.2 36.7 47.1 5.3 0 9.9 21.6 13.1 13.5 9.9 12.2 8.7 11.1 7.3 -9.0 1.2 -6.9 4.8 5.8 -2.2 4.2 10.6 1.4 5.3 -2.0 -1.0 7.1 4.7 -1.3 .4 4.6 -4.0 1.8 -1.0 -1.3 -1.1 3.6 1.5 5.7 5.6 2.8 .6 .8 8.4 14.4 5.4 3.1 6.6 6.0 9.4 9.2 7.3 3.2 -3.0 2.0 .8 -1.4 -.6 1.4 1.2 7.1 -5.5 5.1 8.1 2.2 1.6 -2.9 1.3 8.0 2.4 -6.2 11.2 2.8 -6.8 0 .1 1.1 -3 3.2 .3 5.6 6.1 .8 -2.2 .7 3.9 10.0 .2 3.3 7.6 4,2 8.6 8.5 6.8 1.7 -4.9 2.6 2.5 -.6 -.5 3.3 2.3 7.7 -8.0 13.0 5.9 .1 4.7 -.8 4.5 6.2 7.3 -6.8 10.4 4.3 -5.4 -.8 .5 -.4 1.8 3.9 -.8 4.2 6.4 .4 -3.1 .4 4.8 12.1 -.1 2.8 7.9 3.4 8.2 5.6 7.4 1,7 -2.8 3.6 1.9 -1.8 .9 2.6 .6 6.2 -6.1 15:0 5.4 .5 8.6 -1.5 3.8 5.1 9.9 -5.5 4.0 4.6 -4.9 -1.1 1.8 -2.0 2.5 3.4 -1.4 3.9 7.3 -.1 -1.7 .5 9.6 18.0 .5 2.1 8.3 5.3 8.6 5.0 8.1 3.2 0 5.2 2.3 -3.4 1.7 .9 .2 7.4 -1.4 .5 13.2 2.0 2.6 1.4 -1.9 7.0 2.5 1.8 1.6 2.1 -2.4 1.4 -2.1 .4 -2.7 3.8 2.3 4.7 4.5 4.6 .2 .9 5.1 12.6 10.4 3.3 5.1 $.9 9.4 10.1 6.3 3.8 -3.0 1.6 1.7 .3 -2.4 2.5 .8 C-37 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR 1948 1949 1950. 1951 1952 1953 1954 1955 1956 1957 1958 1959 I960 1961 1962 1963 1.44 1.51 1.48 1.40 1.64 1.55 1.64 1.47 1.45 1.49 1.58 1.48 1.47 1.57 1.47 1.49 1.46 1.43 1.41 1.53 1.52 1.53 1.58 1.61 1.55 1.44 1.51 1.71 1.60 1.58 1.61 1.57 1.58 1.60 1.73 1.66 1.52 1.58 1.55 1.52 1.48 1.45 „. 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979. 1980 1981 1982 1983 1984... 1985 1986 1987 1988 1989 Mar. Feb. Jan. 1.45 1.52 1.45 1.44 1.62 1.53 1.61 1.46 1.48 1.49 1.60 1.46 1.49 1.56 1.48 1.47 1.46 1.43 1.43 1.54 1.53 1.54 1.59 1.61 1.56 1.44 1.52 1.71 1.59 1.57 1.58 1.59 1.59 1.61 1.69 1.67 1.53 1.58 1.56 1.47 1.47 1,47 Apr. 1.45 1.52 1.44 1.48 1.63 1.52 1.62 1.44 1.47 1.50 1.62 1.45 1.51 1.53 1.46 L47 1.47 1.41 1.42 1.54 1.52 1.54 1.61 1.61 1.54 1.46 1.51 1.75 1.59 1.56 1.58 1.55 1.63 1.62 1.69 1.63 1.54 1.57 1.58 1.48 1.46 1.47 May June Aug. July 77. Ratio, manufacturing and trade inventories 1.45 1.47 1.47 1.52 1.55 1.51 1.43 1.41 1.36 1.53 1.55 1.58 1.61 1.59 1.60 1.53 1.54 1.57 1.60 1.62 1.59 1.42 1.43 1.44 1.48 1.50 1.50 1.52 1.53 1.52 1.62 1.61 1.58 1.45 1.44 1.45 1.50 1.53 1.53 1.54 1.52 1.49 1.46 1.47 1.49 1.46 1.48 1.47 1.45 1.44 1.45 1.41 1.44 1.44 1.43 1.45 1.45 1.54 1.55 1.54 1.53 1.53 1.52 1.53 1.54 1.55 1.63 1.60 1.60 1.61 1.60 1.58 1.53 1.53 1.53 1.47 1.48 1.50 1.52 1.53 1.55 1.72 1.71 1.69 1.58 1.59 1.58 1.56 1.57 1.56 1.55 1.56 1.56 1.60 1.56 1.59 1.68 1.71 1.71 1.61 1.63 1.64 1.69 1.67 1.70 1.63 1.61 1.57 1.55 1.55 1.54 1.57 1.55 1.57 1.55 1.55 1.54 1.47 1.47 1.47 1.46 1.46 1.45 1.45 1.46 1.47 Sept. to sales in 1982 dollars (ratio) 1.48 1.48 1.48 1.55 1.52 1.50 1.25 1.26 1.36 1.63 1.60 1.61 1.63 1.59 1.56 1.56 1.59 1.60 1.59 1.59 1.58 1.44 1.46 1.43 1.57 1.53 1.52 1.53 1.53 1.56 1.56 1.53 1.53 1.46 1.51 1.51 1.54 1.55 1.54 1.51 1.48 1.49 1.48 1.48 1.49 1.46 1.47 1.48 1.42 1.44 1.43 1.42 1.44 1.44 1.47 1.48 1.49 1.55 1.55 1.55 1.51 1.55 1.54 1.55 1.55 1.54 1.61 1.63 1.63 1.59 1.61 1.60 1.52 1.51 1.50 1.49 1.50 1.51 1.55 1.56 1.59 1.67 1.66 1.65 1.59 1.59 1.60 1.56 1.57 1.58 1.57 1.55 1.56 1.60 1.59 1.59 1.68 1.67 1.64 1.64 1.64 1.66 1.70 1.71 1.71 1.57 1.57 1.56 1.56 1.57 1.58 1.58 1.55 1.55 1.55 1.54 1.49 1.46 1.45 1.45 1.46 1.46 1.47 1.48 1.44 1.45 Oct. Nov. 1.48 1.55 1.40 1.61 1.53 1.60 1.57 1.44 1.51 1.55 1.51 1.51 1.54 1.47 1.48 1.47 1.45 1.43 1.50 1.56 1.53 1.54 1.65 1.60 1.49 1.48 1.62 1.65 1.63 1.57 1.55 1.59 1.60 1.68 1.72 1.55 1.58 1.56 1.52 1.46 1.45 1.47 1.49 1.51 1.47 1.63 1.54 1.63 1.52 1.43 1.51 1.57 1.49 1.51 1.56 1.46 1.46 1.49 1.45 1.42 1.52 1.53 1.52 1.56 1.68 1.57 1.47 1.47 1.65 1.65 1.60 1.57 1.55 1.60 1.60 1.70 1.70 1.54 1.58 1.55 1.51 1.48 1.45 1.47 Dec. 1.47 1.51 1.40 1.65 1.52 1.65 1.49 1.44 1.49 1.60 1.54 1.48 1.54 1.46 1.49 1.45 1.41 1.42 1.52 1.51 1.53 1.57 1.62 1.56 1.45 1.51 1.72 1.63 1.56 1.56 1.56 1.60 1.60 1.72 1.70 1.52 1.57 1.56 1.48 1.48 1.45 1.47 Annual 1.47 1.52 1.39 1.56 1.59 1.57 1.58 1.44 1.50 1.53 1.56 1.48 1.52 1.51 1.48 1.47 1.44 1.43 1.46 1.54 1.53 1.54 1.62 1.60 1.52 1.48 1.57 1.68 1.59 1.57 1.56 1.59 1.64 1.65 1.70 1.59 1.56 1.56 1.54 1.47 1.46 1.46 83. Index of consumer expectations, NSA (1966:1=100) © ' 1948 1949 1950.. 1951 1952 1953 1954 .. 95.5 85.3 86.1 99.9 103.3 96.2 82.9 97.5 98.6 98.1 96.5 94.1 97.2 1955 . 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966. 1967 1968 1969 1970 1971 1972 1973 ZZZZZ 1975 1976 . . . 1977 1978.... . .. 1979 1980 1981 1982 1983 1984 1985 1987."!!!!!!!!!!!."!!! 1988 1989 75.7 58.4 54.1 67.2 62.9 65.2 97.0 90.3 85.3 80.9 80.9 89.9 104.6 94.9 103.4 99.9 99.4 103.0 100.0 96.4 94.3 98.0 75.8 75.9 90.9 73.3 49.4 50.0 81.2 84.2 77.2 62.2 54.9 61.4 58.7 71.2 93.2 86.5 87.8 81.6 81.9 88.8 •- •. ' ZZZZZ! 69.5 53.7 44.3 61.4 53.1 80.9 97.7 87.3 86.9 83.3 85.2 87.6 71.1 53.3 44.4 68.1 61.1 86.9 91.4 87.0 88.5 84.7 82.4 83.2 96.0 94.3 89.9 91.1 ZZZZZ 71.2 75.9 82,2 67.3 63.9 69.8 79.5 83.6 73.0 68.1 54.9 51.4 45.3 53.0 72.9 70.5 62.0 60.1 93.4 89.2 90.6 89.8 84.2 91.1 87.5 90.3 80.6 80.8 87.3 85.7 80.1 82.0 92 4 83 9 897 103.8 1052 86.3 94 1 95.8 934 96 8 . . 992 97.0 105.2 97.5 98.5 93.4 97.0 72.0 44.2 53.4 66.4 57.6 91.1 91.9 87.4 88.5 83.3 82.3 85.5 104.3 90.7 95.5 89.6 86.6 75.7 78.4 91.3 63.0 57.6 70.7 85.5 81.5 67.0 49.3 59.6 70.1 60.9 88.2 93.7 86.3 85.9 85.8 88.8 80.3 69.8 53.6 67.2 68.3 66.9 85.8 96.4 84.2 81.3 84.2 89.5 88.6 71.7 49.5 68.9 61.5 70.4 86.1 91.6 80.8 87.1 80.4 87.0 87.2 1073 902 91.1 91 6 796 71.3 772 878 67 1 51 2 699 859 759 ... . .. 62.8 53.8 52.0 51.5 76.2 59.7 55.6 56.8 71.0 67.9 87.9 91.0 91.5 87.9 84.5 88.1 81.6 78.3 72.7 76.7 86.3 85.5 84.3 85.5 1. Copyrighted. This series may not be reproduced without written permission from the University of Michigan, Survey Research Center, P.O. Box 1248, Ann Arbor, MI 48106-1248. NSA Not seasonally adjusted ..... 69.3 52.8 56.8 65.0 62.7 84.7 92.7 86.5 85.8 81.2 85.2 85.2 C-38 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 Jan. . „ Feb. Mar. Apr. 8.9 8.2 11.3 10.6 9.3 9.3 8.7 13.4 11.7 10.4 10.5 16.3 13.5 13.7 15.3 13.8 13.5 12.2 11.9 9.3 9.4 8.1 79 10.5 12.1 H.O 9.5 10.7 16.6 15.2 12.9 11.1 10.4 14.3 13 4 19.4 20.4 159 14.9 14.9 14 2 12.6 8.4 8.3 11.8 10.8 8.8 8.4. 9.5 14.2 12.5 10.7 11.0 15.5 13.1 13.6 16.0 14.1 13.2 12.6 11.2 9.2 8.7 7.9 8.0 10.4 12.4 10.5 9.6 11.7 16.3 14.7 12.5 11.2 10.6 14.1 14.1 19.2 19.0 15.9 15.2 14.7 14.3 12.3 8.7 8.3 12.4 10.1 8.4 8.5 10.6 13.4 11.6 10.8 11.2 15.3 13.0 14.1 15.0 14.5 13.5 12.0 11.1 8.9 8.5 7.9 8.3 10.6 12.3 10.6 9.7 11.8 16.5 14.5 12.4 11.7 11.0 14.0 14.1 19.4 19.1 16.1 14.6 14.9 13.7 12.4 129,601 105,029 85,249 156,483 234,385 271,558 199,227 161,505 190,563 198,831 140,398 134,708 140,466 125,033 132,886 139,045 154,842 188,668 225,930 266,561 277,834 283,005 282,425 252,437 241,712 268,879 334,273 315,481 269,356 268,887 285,347 337,108 354,926 344,262 327,929 303,336 327,191 343,440 346,447 339,264 364,562 390,655 127,653 101,541 86,403 166,891 234,363 273,117 193,238 163,115 190,696 198,781 136,549 138,646 137,908 125,545 134,757 142,162 156,964 192,132 231,279 266,590 277,780 283,260 278,265 254,595 242,150 274,733 337,958 309,261 266,890 266,863 287,585 344,138 355,582 341,068 325,463 301,066 331,418 343,346 347,756 338,097 367,136 391,711 125,846 97,615 88,113 178,845 241,586 269,185 184,387 167,273 191,405 195,464 135,006 141,315 133,822 124,629 133,329 146,682 159,286 194,618 237,643 265,373 281,398 284,484 275,289 253,922 242,593 283,467 339,010 301,291 268,021 266,916 292,759 350,057 349,880 340,662 324,987 301,458 339,732 341,550 351,718 338,882 365,128 394,266 May 8.5 8.8 12.6 10.6 9.0 7.8 10.9 14.3 11.0 10.6 12.1 14.9 12.6 15.5 14.9 14.5 12.4 11,4 10.8 8.8 8.7 7.9 8.2 10.9 12.4 10.0 9.8 12.9 15.9 14.4 12.3 11.0 11.4 13.9 14.5 19.5 18.9 16.4 14.7 14.9 13.4 12.6 June July Aug. 91. Average duration of unemployment in weeks (weeks) 9.1 8.8 8.8 8.6 9.1 10.0 10.8 11.0 12.2 12.7 13.1 12.5 9.9 9.2 8.7 9.1 7.8 7.6 7.3 7.5 8.0 7.9 8.2 7.9 12.8 12.3 12.5 11.6 14.4 13.4 12.3 13.8 10.4 10.1 12.0 10.5 10.4 10.2 10.5 10.1 14.4 13.1 14.6 15.7 13.7 14.7 14.9 14.3 12.2 11.9 11.9 12.6 16.2 17.0 15.6 17.3 15.5 15.1 14.6 14.5 14.0 14.0 13.9 14.5 13.6 13.6 14.7 13.0 11.9 11.1 11.6 11.6 10.2 9.8 9.7 9.7 8.7 8.3 8.3 8.9 8.2 8.4 7.9 8.3 7.9 7.7 7.8 7.9 8.8 8.6 8.6 8.9 11.2 11.5 11.5 11.6 12.4 11.8 12.3 11.8 10.1 9.8 9.6 9.6 9.8 9.7 9.9 9.6 13.4 15.0 15.6 15.3 15.6 15.0 16.9 15.7 14.4 14.9 14.3 13.9 12.1 12.1 12.0 11.4 10.4 11.1 10.6 10.3 12.4 10.9 11.3 11.8 14.4 13.6 13.7 13.8 16.2 14.9 15.7 15.4 20.8 21.2 20.5 20.0 18.8 18.0 18.1 17.3 15.3 15.5 15.3 15.5 15.2 15.2 14.7 15.5 14.2 14.4 14.9 15.0 13.8 13.3 13.5 13.6 11.4 11.9 11.2 11.9 Nov. Oct. Sept. Dec. Annual 8.5 11.7 12.2 9.1 8.1 7.1 12.9 11.7 11.8 9.8 16.5 13.7 12.9 16.1 14.1 14.2 12.7 11.9 10.1 8.4 8.2 8.0 8.9 11.9 12.1 9.4 9.6 16.1 15.2 14.0 11.4 10.5 12.9 13.6 16.6 20.2 17.0 15.3 15.4 14.2 13.5 11.5 9.5 10.9 12.3 8.9 9.1 7.2 13.3 11.5 11.6 11.1 16.5 12.9 13.5. 15.9 14.1 13.9 12.6 12.1 10.3 8.7 8.4 7.6 8.7 12.6 11.7 10.2 9.9 15.4 15.2 13.7 11.7 10.5 13.1 13.5 17.2 20.2 16.7 15.3 15.1 14.0 13.3 11.7 7.8 11.6 10.7 9.7 9.5 7.9 13.2 11.3 10.9 10.4 16.4 13.1 13.9 17.0 13.3 13.3 14.0 11.7 9.7 8.9 8.1 8.0 9.3 12.0 11.4 9.9 9.6 16.6 15.3 13.6 11.1 10.6 13.6 13.1 17.1 19.7 17.0 15.7 15.0 14.0 12.5 11.6 8.1 11.8 10.7 9.3 8.8 8.0 13.4 12.0 11.4 10.4 15.7 13.1 12.4 15.8 13.6 13.3 12.7 11.4 9.5 8.6 8.2 8.0 9.8 11.5 11.4 9.5 10.1 16.5 15.1 13.6 10.6 10.8 13.7 13.1 18.1 19.2 16.8 15.1 15.0 14.2 12.8 11.5 8.6 10.0 12.1 9.7 8.4 8.0 11.8 13.0 11.3 10.5 13.9 14.4 12.8 15.6 14.7 14.0 13.3 ll.fr 10.4 8.7 8.4 7.8 8.6 11.3 12.0 10.0 9.8 14.2 15.8 14.3 11.9 10.8 11.9 13.7 15.6 20.0 18.2 15.6 15.0 14.5 13.5 11.9 92a. Manufacturers' unfilled orders in 1982 dollars, durable goods industruis (Ml. $) 124,317 124,654 124,776 122,705 125,355 121,915 83,045 79,740 78,382 92,295 87,775 77,475 93,892 91,062 102,716 89,657 117,370 125,230 198,524 207,281 215,482 190,346 219,007 221,938 249,420 259,358 265,934 268,314 270,422 249,568 242,752 266,351 265,065 262,209 253,427 228,757 171,553 165,039 160,841 177,915 156,778 157,813 169,879 172,093 173,759 167,934 169,143 175,997 194,255 203,862 194,659 198,389 204,875 194,147 189,601 185,728 179,830 174,583 169,702 192,171 132,494 131,393 132,058 132,479 131,698 132,427 141,546 140,944 141,254 141,033 144,398 142,440 128,846 128,071 127,172 128,513 129,836 130,651 125,904 125,641 126,752 128,045 128,868 125,171 129,329 129,431 128,171 129,817 130,991 129,811 150,616 150,491 151,027 150,601 151,809 148,498 167,778 172,476 161,332 164,697 174,269 177,678 199,249 201,938 203,649 205,839 209,370 196,657 251,138 257,871 263,932 246,390 254,783 242,739 268,819 273,263 274,268 274,508 274,608 265,831 279,784 275,932 281,501 278,651 274,668 278,386 289,092 290,398 290,340 289,467 288,817 290,099 268,439 265,705 257,090 255,399 272,063 261,857 239,411 242,517 239,524 251,337 247,039 239,400 245,886 244,149 247,346 248,479 241,723 253,425 296,604 289,382 293,107 298,600 304,149 310,288 342,857 346,576 346,970 345,166 348,083 345,299 286,434 291,145 286,855 284,506 295,027 282,593 268,029 268,250 267,911 267,048 267,358 269,923 271,874 268,834 268,740 272,943 275,175 276,709 311,534 318,114 295,966 301,013 304,953 308,080 352,884 352,917 355,173 354,787 353,602 355,440 340,802 346,079 342,200 344,417 342,639 344,302 338,297 340,838 337,867 335,032 340,899 333,818 319,222 314,502 304,984 324,237 310,605 302,295 305,739 307,161 302,685 308,084 301,536 311,208 341,082 340,356 342,587 343,712 344,039 343,460 342,222 339,868 339,225 342,160 342,831 345,339 347,564 344,466 341,631 349,737 344,020 342,873 346,974 350,552 343,083 355,452 357,492 357,374 368,321 367,888 374,480 375,795 378,815 378,618 398,072 397,872 400,440 400,552 403,249 401,595 116,539 79,205 131,582 228,434 267,402 220,608 162,426 179,764 202,420 163,319 131,611 146,813 127,354 128,603 131,240 151,991 181,192 213,198 265,259 276,651 281,679 289,062 251,485 238,461 255,624 317,250 336,891 279,503 268,661 279,618 324,993 356,436 345,505 329,751 301,588 318,047 340,691 345,693 342,147 359,451 381,094 402,621 113,554 81,345 134,429 231,415 266,025 214,819 159,553 181,829 201,290 158,871 133,561 146,745 126,931 129,582 131,632 152,606 183,268 217,070 266,605 277,150 282,113 287,618 250,397 240,156 257,890 323,837 330,791 277,418 267,743 280,788 332,298 354,525 344,953 326,462 298,773 322,908 341,991 343,305 343,388 361,151 382,185 406,439 109,543 82,793 137,345 232,212 265,255 207,933 159,331 186,847 200,251 154,454 132,900 145,047 125,660 131,674 136,257 151,661 185,732 221,297 267,489 279,378 283,289 285,990 249,548 241,416 263,736 328,642 322,619 273,565 268,757 285,238 335,367 352,844 345,301 321,640 301,079 324,653 341,159 344,646 342,923 361,987 388,101 413,899 109,543 82,793 137,345 232,212 265,255 207,933 159,331 186,847 200,251 154,454 132,900 145,047 125,660 131,674 136,257 151,661 185,732 221,297 267,489 279,378 283,289 285,990 249,548 241,416 263,736 328,642 322,619 273,565 268,757 285,238 335,367 352,844 345,301 321,640 301,079 324,653 341,159 344,646 342,923 361,987 388,101 413,899 C-39 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued Mar. YEAR Apr. May July June Aug. Sept. Nov. Oct. Dec. Annual 92b. Change in manufacturers' unfilled orders in 1982 dollars, durable goods industries (bil. $) -2.10 -4.51 2.46 19.14 2.17 6.30 -8.71 2.17 3.72 -1.42 -14.06 1.81 -1.95 -3.49 1.15 10.41 -.02 1.56 -5.99 1.61 .13 -.05 -3.85 3.94 -1.81 -3.93 1.71 11.95 7.22 -3.93 -8.85 4.16 .71 -3.32 -1.54 2.67 -1.07 -5.32 1.54 11.50 7.98 -2.83 -6.47 .66 2.74 -3.29 -2.58 1.12 -2.07 -4.52 1.41 8.18 -.15 -1.29 -6.36 1.21 .51 -2.57 -1.03 -1.19 1.61 -4.73 2.83 8.76 9.94 -2.86 -6.51 .74 -.40 -3.87 .66 .29 1.04 -3.31 8.82 8.20 6.58 -8.78 -4.20 2.21 4.13 -5.90 .44 -.51 -0.70 -1.36 14.65 3.53 2.38 -10.67 -4.06 1.67 5.47 -5.25 -.02 -.09 -2.74 -.91 7.86 2.93 2.11 -13.99 1.04 2.24 1.01 -4.88 -.78 3.45 -5.38 1.73 6.35 6.50 -3.02 -8.15 4.61 3.77 -2.45 -6.38 -.09 2.42 -2.99 2.14 2.85 2.98 -1.38 -5.79 -2.87 2.07 -1.13 -4.45 1.95 -.07 -4.01 1.45 2.92 .80 -.77 -6.89 -.22 5.02 -1.04 -4.42 -L70 -1.85 -2.23 4.55 7.91 2.75 -4.78 -4.05 2.29 1.12 -3.82 -1.80 1.01 -4.58 -.63 1.21 2.79 3.18 2.94 4.63 -.93 -1.54 -.28 -2.56 .51 1.87 3.12 2.12 3.46 5.35 .03 -.05 .25 -4.16 2.16 .44 5.85 3.69 -6.22 -2.47 -2.02 2.24 -4.09 -92 -1.43 4.52 2.32 -3.17 .54 -2.34 1.82 2.05 2.04 5.10 .46 .10 4.61 -1.80 .47 -1.18 2.53 3.36 -.78 .26 -.48 -.43 3.08 2.69 4.75 4.44 -1.13 -.06 -2.73 -4.52 1.74 3.50 .39 -4.29 .12 3.04 3.94 2.26 -1.40 -2.54 -4.72 3.05 -1.50 3.00 -3.10 3.58 6.59 2.57 -.90 .85 .10 .02 4.70 1.71 3.64 1.00 -3.98 -.87 -3.85 -2.99 1.46 2.00 -1.80 -.42 1.89 1.07 3.13 -.39 3.61 -.43 -3.90 1.42 2.96 -.06 -.45 4.90 1.32 2.81 1.34 1.29 -1.26 -.12 1.79 2.19 3.09 .24 1.26 -.65 -4.77 -.11 1.13 5.55 2.92 -2.48 -.27 1.42 .18 3.51 3.83 1.33 2.04 3.29 -1.04 -.42 .98 .39 .61 2.08 -1.93 -2.87 2.23 3.45 -1.19 -1.78 -2.84 -5.62 .92 -.33 1.32 .82 1.65 1.32 3.41 3.53 6.06 .10 2.45 1.28 -1.69 -.01 4.95 6.14 -2.78 -1.91 .31 1.53 6.58 1.84 1.66 -1.21 -2.69 3.12 -.25 .67 -2.39 2.04 3.02 -2.70 2.51 1.24 -.12 -.20 1.04 -2.39 1.24 1.70 1.09 3.82 -1.27 2.09 4.63 -.95 2.46 4.23 .88 2.23 1.18 -1.63 -.85 1.26 5.85 4.81 -8.17 -3.85 1.01 4.45 3.07 -1.68 .35 -4.82 2.31 1.75 -.83 1.34 -.46 .84 5.92 7.46 -1.62 .50 .38 1.28 2.84 2.96 3.85 .99 .33 .22 -3.04 -.68 1.86 5.41 -.50 -4.09 -.40 1.37 4.18 1.46 -.63 -1.97 -1.71 1.96 1.38 .29 -.14 1.59 2.18 2.15 -1.21 -2.29 -1.87 -1.05 -2.55 .02 6.83 7.54 4.83 -7.02 -4.49 1.89 2.24 -4.60 -.30 .62 7.69 6.51 3.60 -8.53 -2.48 2.14 1.72 -5.13 .07 .96 7.55 5.43 2.21 -9.05 -1.36 2.28 1.03 -5.34 .54 1.02 6.84 4.18 .99 -9.06 -.55 2.73 .35 -5.34 .66 .69 -.95 .69 -.58 1.04 3.26 -.67 .67 -.17 .68 3.38 -.47 .70 .14 .46 3.27 -.46 .91 .93 .14 3.10 2.40 4.50 1.22 -.56 .55 -3.65 -2.05 1.88 4.74 .68 -3.27 -.03 1.54 4.24 .88 2.65 4.07 1.28 .15 .22 -3.60 -1.79 2.25 5.03 -1.06 -2.66 .17 1.87 4.81 .57 2.96 3.46 1.21 .60 -.20 -3.23 -1.16 2.47 5.41 -2.75 -2.22 .14 1.97 5.49 .06 3.31 2.75 1.31 .95 -.64 -2.69 -.47 3.05 5.56 -4.47 -2.19 .24 2.36 5.55 -1.47 -3.31 4.00 8.57 3.29 -3.47 -5.82 1.85 1.94 -3.07 -2.88 1.17 -1.54 .19 .17 1.82 2.27 2.74 4.33 .95 .30 .78 -3.04 -1.12 1.29 5.13 1.92 -5.12 -.85 .90 3.74 2.72 -.91 -1.42 -3.77 1.83 1.07 -.23 -1.88 -3.58 2.69 .16 .13 -2.34 -3.36 3.48 -.22 .37 -2.94 -2.47 3.72 -.53 .67 -1.19 3.06 2.11 1.10 .89 -1.12 2.82 2.07 .82 .59 -.76 2.54 1.92 1.05 .51 -.51 2.28 1.80 -3.66 2.58 2.55 .66 -3.19 -2.47 -2.27 4.23 -.09 1.31 -1.17 2.57 1.06 2.49 6.36 -1.22 3.62 1.22 -2.98 -.67 .44 8.73 1.05 -7.97 1.13 .05 5.17 5.92 -5.70 -.41 -.48 .39 8.31 -1.80 3.96 .78 -2.01 2.56 -1.82 -3.21 -1.87 -3.63 92. Change in manufacturers' unfilled orders in 1982 dollars, durable goods industries, smoothed (bil. $) t -1.88 -1.78 -1.76 -1.30 -.71 -.37 -.48 -3.92 -4.28 -4.52 -4.69 -4.60 -4.12 -3.40 .97 8.08 3.18 .99 -9.02 .29 3.13 -.28 -6.52 .88 -.22 -.48 1.07 1.64 .37 2.97 3.69 1.84 .98 .98 -1.29 -1.63 .04 3.67 5.65 -5.84 -2.44 .29 2.29 5.08 1.55 9.12 2.16 1.07 -8.59 .96 2.96 -.63 -6.85 1.42 -3.57 2.89 .30 5.14 5.63 -7.14 -4.21 .13 .11 1.74 2.08 -1.04 6.29 2.26 2.54 7.03 2.18 10.72 4.06 -1.57 -7.15 2.03 -2.65 -.24 .43 3.16 1.53 2.74 5.08 -.12 .88 1.40 -3.05 .15 .53 5.96 4.19 -7.61 -1.61 .01 2.90 4.92 -.91 -.50 -1.17 -.29 4.40 -1.67 -.59 -.87 .04 4.27 -.31 1.32 -.89 1.40 2.58 -.57 1.18 -.13 1.32 2.72 1.06 .65 .90 -2.06 -.50 .39 4.33 5.44 -6.69 -2.59 0 2.24 5.07 -.45 .32 -2.05 -1.31 3.69 -.28 -.18 -1.59 -.77 3.75 -.33 .63 -.79 1.97 2.66 -.18 .80 -1.00 4.14 1.95 2.61 2.08 10.87 3.06 -.36 -7.99 2.11 2.34 2.08 10.96 3.11 -.96 -7.55 2.18 1.97 -2.26 -4.44 1.75 -2.94 -.08 -.14 3.22 1.99 2.63 5.11 .05 .54 1.68 -3.37 -.44 .74 6.04 3.82 -7.25 -1.11 .12 3.36 4.12 1.91 10.11 2.24 .44 -8.37 1.78 2.55 -1.19 -6.33 1.91 -1.96 -.36 1.02 2.92 L16 2.90 4.70 .30 .86 .90 -2.63 .14 .60 5.30 4.73 -7.36 -2.18 -.16 2.60 5.17 -1.06 -.36 1.27 2.26 .73 2.97 -3.23 -2.58 -.87 5.92 3.85 -6.26 .23 1.82 3.21 2.83 -3.80 .24 -.75 .08 .62 -1.68 -1.98 4.20 3.19 3.81 2.59 3.65 2.99 -1.72 1.31 -3.62 -4.30 2.43 3.72 3.72 -3.88 -.34 .09 5.05 .03 -3.88 -.06 -5.02 1.15 2.23 -.64 -2.17 3.89 -.43 -.20 -1.80 -5.52 2.08 2.58 5.08 .74 .12 1.61 -3.47 -1.34 1.00 5.75 3.13 -6.64 -.65 .58 3.71 3.39 3.14 10.23 4.95 -2.89 -6.52 1.97 1.49 -3.46 -1.87 .88 -2.49 .25 -.65 2.12 2.96 2.43 4.87 1.18 -.68 1.23 -3.58 -2.08 1.21 5.07 2.07 -5.45 -.04 .91 3.84 2.46 5.24 9.05 5.13 -4.71 -5.82 1.89 2.05 -4.11 -.89 .46 -1.78 .50 -.81 1.45 3.13 2.31 4.51 1.31 -.89 .76 -3.81 -2.26 1.33 4.74 1.56 -4.28 -.06 1.29 3.86 1.43 -2.41 -.57 -1.25 .38 3.92 -2.71 -.83 -1.94 .94 2.99 -2.03 -.92 -2.60 1.33 2.44 -.73 .65 .85 1.04 2.42 -.33 -.16 1.79 1.62 2.26 -.05 -.68 2.76 1.92 2.24 -1.60 -1.24 -3.40 1.51 1.74 .21 -1.21 3.23 2.25 1.56 t Data are smoothed by an autoregressive-moving-average filter developed by Statistics Canada. 1.44 -2.75 -3.12 1.36 -2.82 .07 -.51 2.76 2.41 -3.91 -.94 2.20 6.96 -8.41 -3.09 1.30 2.91 6.88 1.00 1.20 -4.07 -.71 6.84 -2.77 .35 -.73 2.08 2.48 1.03 3.87 1.35 .50 .43 -1.44 -1.09 1.70 2.27 6.59 -6.10 -2.08 -.92 1.17 7.30 -1.91 -.55 -3.29 -2.81 4.86 1.30 -.48 2;14 2.37 2.06 -1.06 -1.09 -2.34 1.13 2.31 .03 -.09 1.36 1.83 2.01 C-40 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR Feb. Jan. Apr. Mar. 8.22 9.20 9.43 9.72 9.26 3.77 4.65 5.68 6.20 6.04 7.45 8.17 8.42 9.32 9.43 9.60 9.32 1960 1961 1962 1963 1964 10.11 10.77 10.35 10.88 11.70 10.20 10.73 10.37 11.06 11.68 1965 1966 1967 1968 1969 12.27 12.70 12.51 12.17 12.30 1970 1971 1972 1973 1974 12.43 12.38 12.48 12.89 13.20 12.43 12.70 12.56 12.05 12.41 12.43 12.40 12.33 12.96 13.27 10.34 10.66 10.32 11.09 11.85 12.46 12.69 12.48 12.12 12.36 12.37 12.37 12.48 13.00 13.27 12.75 12.07 12.48 13.19 13.70 13.89 12.32 12.06 11.88 12.42 13.83 15.25 15.68 15.75 16.02 12.78 12.05 12.48 13.20 13.73 13.82 12.19 11.93 11.84 12.50 13.84 15.25 15.47 15.64 15.86 12.68 12.12 12.57 13.21 13.73 13.81 12.23 11.97 11.96 12.65 14.10 15.36 15.55 15.68 15.85 1948 1949 40.01 39.03 40.34 38.25 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 35.55 53.40 43.50 39.39 37.56 39.61 42.00 41.51 38.35 39.49 I960 1961 1962 1963 1964 1965 1966 1967 1968. 1969 1970 1971 1972 1973 1974. 41.58 39.42 40.48 39.61 40.72 42.71 44.51 41.79 40.97 44.66 47.16 44.36 46.93 55.83 76.12 35.56 54.27 42.58 39.19 37.56 39.94 41.97 41.00 38.32 39.42 41.25 39.89 40.30 39.62 40.75 42.61 44.69 41.42 41.16 45.13 46.76 44.38 47.21 57.56 77.84 39.91 37.59 36.01 54.20 41.44 39.55 37.95 39.84 42.03 41.00 37.95 39.84 41.09 39.97 40.37 39.64 40.94 42.80 44.97 40.87 41.62 45.30 46.48 44.77 48.34 58.95 79.34 40.19 36.00 36.44 53.42 41.17 39.26 38.48 40.14 41.85 40.82 37.50 40.25 41.21 40.05 40.00 39.50 41.26 43.20 45.02 40.47 41.81 45.50 46.45 45.32 49.01 60.23 79.14 1975 1976 1977 1978 1979 66.43 70.70 78.42 83.75 92.96 66.28 71.40 79.19 84.36 94.83 65.82 71.82 80.87 84.06 96.92 1980 1981 1982 1983 1984 110.55 110.31 104.30 97.97 115.39 112.51 108.94 103.87 99.92 116.78 113.63 109.99 102.71 100.12 117.98 66.39 73.32 80.64 83.57 99.37 111.32 110.94 100.45 100.40 118.47 110.61 103.48 111.46 122.55 132.86 110.03 103.25 111.18 123.00 134.73 109.75 102.12 112.01 124.41 135.64 108.79 101.84 114.34 125.37 134.52 3.56 4.51 1950 1951 1952 1953 1954 5.63 6.28 6.05 7.22 8.19 1955 1956 1957 1958 1959 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 . 1985...... 1986 1987.... 1988 1989 . June 95. Ratio, consumer installment 3.89 3.96 4.77 4.90 5.90 6.03 6.09 6.03 6.11 6.25 7.57 7.67 8.20 8.17 8.50 8.60 9.37 9.31 9.45 9.48 9.59 9.53 9.36 9.42 3.65 4.60 5.69 6.26 6.01 7.32 8.17 8.30 9.24 9.41 9.70 9.30 1948 1949 May 10.37 10.59 10.37 11.18 11.87 12.54 12.69 12.46 12.12 12.38 12.08 12.35 12.54 13.08 13.27 12.58 12.16 12.67 13.18 13.87 13.71 12.22 11.93 11.92 12.79 14.22 15.37 15.60 15.68 15.86 July Aug. Oct. Sept. credit outstanding to personal income (percent) 4.11 3.97 4.06 5.07 5.27 5.20 6.34 6.20 6.31 5.98 5.90 5.93 6.45 6.62 6.55 7.73 7.96 7.86 8.18 8.16 8.19 8.91 8.75 8.75 9.36 9.42 9.37 9.50 9.46 9.49 9.45 9.28 9.27 9.49 9.85 9.62 4.21 5.31 6.45 5.94 6.62 8.03 8.14 Nov. 9.01 9.34 9.58 9.24 9.98 4.29 5.64 6.35 5.94 6.96 8.16 8.10 9.08 9.39 9.66 9.13 10.10 4.40 5.73 6.22 5.98 7,09 8.20 8.16 9.13 9.39 9.72 9.17 10.04 4.01 5.10 6.10 6.04 6.46 7.77 8.16 8.73 9.34 9.52 9.41 9.65 10.80 10.32 10.86 11.62 12.23 12.64 12.58 12.25 12.22 12.38 12.17 12.56 12.59 13.15 12.94 12.12 12.36 13,13 13.63 13.87 12.41 12.01 11.86 12.41 13.76 10.49 10.48 10.55 11.32 12.00 12.55 12.64 12.38 12.13 12.38 12.25 12.40 12.60 13.12 13.15 12.36 12.20 12.79 13.40 13.86 13.22 12.11 11.90 12.08 13.15 15.08 15.80 15.53 15.82 15.94 14.54 15.62 15.64 15.71 15.94 39.49 35.47 50.88 44.07 39.90 37.88 39.16 42.04 41.80 38.61 39.37 41.54 39.61 40.28 39.59 40.78 43.13 44.21 42.14 41.20 44.14 47.18 44.60 46.61 54.90 74.65 67.41 40.21 36.06 41.68 49.42 40.82 38.94 38.63 40.74 41.54 40.14 38.46 40.59 40.74 40.05 39.92 39.93 41.67 43.55 43.95 40.86 42.35 46.07 45.80 45.39 50.89 64.12 75.90 70.32 78.22 82.85 92.04 108.68 67.22, 75.62 80.52 87.05 101.41 111.35 105.06 97.18 114.94 111.57 103.13 110.35 121.69 131.12 125.87 110.17 109.52 100.00 105.64 115.71 106.53 105.06 117.75 126.66 131.88 10.49 10.40 10.51 11.26 11.99 12.58 12.65 12.37 12.11 12.41 12.23 12.13 12.84 13.14 13.22 10.54 10.36 10.57 11.37 12.05 12.64 12.67 12.31 12.11 12.39 12.23 12.36 12.74 13.26 13.14 10.59 10.38 10.63 11.44 12.07 12.72 12.62 12.28 12.10 12.36 12.23 12.38 12.73 13.21 13.14 10.64 10.40 10.67 11.49 12.15 12.50 12.57 12.31 12.10 12.39 12.22 12.46 12.75 13.24 13.11 10.64 10.35 10.74 11.55 12.25 12.65 12.55 12.30 12.14 12.39 12.23 12.52 12.61 13.21 13.00 10.71 10.31 10.80 11.62 12.24 12.64 12.53 12.28 12.17 12.42 12.19 12.55 12.55 13.16 13.01 12.45 12.17 12.73 13.28 13.93 13.56 12.25 11.90 11.85 13.07 14.44 15.52 15.59 15.70 15.97 12.14 12.22 12.81 13.41 13.96 13.37 12.20 11.92 11.96 13.23 14.50 15.58 15.70 15.71 15.95 12.28 12.22 12.81 13.45 13.85 13.12 12.04 11.87 12.08 13.27 12.17 12.22 12.87 13.53 13.88 12.99 11.91 11.88 12.25 13.39 12.13 12.28 12.92 13.56 13.93 •12.82 11.98 11.90 12.25 13.42 12.09 12.32 12.97 13.52 13.94 12.09 12.27 13.04 13.59 13.94 12.65 12.01 11.82 12.25 13.60 14.65 15.70 15.76 15.65 15.92 14.75 15.75 15.72 15.75 15.99 14.95 15.86 15.79 15.74 16.00 15.01 15.98 15.58 15.60 15.99 12.50 11.99 11.79 12.31 13.68 15.14 15.96 15.68 15.84 15.97 39.95 35.70 46.72 44.70 40.54 38.63 39.02 41.29 41.23 39.71 38.74 41.03 40.49 40.23 39.57 39.91 42.14 43.93 43.16 40.66 42.81 47.03 44.92 45.96 51.99 67.65 76.45 68.67 78.65 80.56 89.04 102.48 110.12 109.65 98.81 110.22 114.98 103.71 104.98 122.15 127.55 131.19 39.68 34.98 48.02 45.21 40.07 38.32 39.31 41.16 41.31 39.22 39.48 41.30 40.19 40.49 39.66 40.18 42.79 44.18 42.73 40.73 43.35 46.92 45.06 46.15 52.83 68.98 73.41 66.94 74.63 80.59 84.02 100.97 107.72 111.01 100.35 101.33 118.25 107.73 102.64 116.91 125.87 133.26 65.27 75.75 79.75 85.91 102.07 65.14 78.43 79.97 86.39 102.88 66.62 78.53 80.51 87.86 102.58 106.07 110.97 98.83 102.38 117.97 106.63 104.29 118.29 127.51 132.53 106.65 111.21 99.33 105.17 116.81 108.85 111.40 98.44 108.55 115.31 105.37 103.05 121.43 127.90 130.85 106.00 105.99 120.01 127.63 131.49 Annual 4.22 5.56 6.42 5.91 6.80 8.05 8.13 9.05 9.31 9.63 9.20 10.11 10.41 10.50 10.45 11.23 11.93 12.57 12.69 12.41 12.10 12.40 12.16 12.33 12.60 13.11 13.23 99a. Index of sensitive materials prices (1982=100) 40.52 40.71 41.07 40.88 34.76 35.30 34.81 35.47 38.62 37.54 44.15 41.06 51.62 46.12 48.52 53.00 40.10 40.21 39.88 40.85 39.38 39.12 38.93 39.53 39.04 38.81 38.56 38.85 41.24 40.56 40.30 41.28 41.14 41.04 41.54 40.97 40.24 40.02 40.56 40.10 37.69 38.24 38.49 37.59 40.64 40.69 40.68 40.83 40.89 40.63 41.20 40.66 40.24 39.84 40.12 40.27 39.57 40.15 39.83 39.68 40.04 40.08 39.71 39.56 41.19 41.73 41.07 41.31 43.88 43.56 43.64 43.69 43.58 44.84 44.71 44.69 40.41 40.72 40.58 40.66 42.60 41.98 42.29 41.59 45.78 46.06 46.56 45.56 45.89 46.34 45.35 45.43 45.10 45.70 44.87 45.28 51.86 51.25 50.70 51.65 63.05 64.42 66.40 61.08 77.22 77.36 78.05 77.57 Dec. 69.19 78.17 81.15 91.03 105.75 111.20 108.33 98.29 112.48 11160 103.53 108.31 122.51 127.24 131.02 39.73 35.33 49.57 44.46 39.58 38.08 39.22 41.46 41.57 38.84 39.79 41.42 40.03 39.82 39.80 40.48 42.99 44.21 42.35 40.81 43.91 47.11 45.16 46.20 54.06 70.66 70.85 69.54 77.79 81.72 92.52 107.39 112.04 106.40 97.45 114.23 112.42 103.06 110.47 121.02 129.81 128.54 SURVEY OF CURRENT BUSINESS October 1990 041 Historical Data for Selected Series—Continued Jan. YEAR 1948 1949 0.82 -2.00 -1.16 1950. 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 .23 .03 4.95 -1.29 -1.28 -.84 1.15 -.10 -.69 -.67 1.63 -2.11 -.51 .30 .10 .50 .05 .68 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 198i 1982!!!!!!!!!!!!!!!!!! 1983 1984 .14 0 .40 -.89 .46 1.05 -.85 .69 .05 .60 1.69 1.97 -1.45 3.10 2.26 -.23 .54 .26 .99 .98 .73 1.09 1.00 1.72 -.93 -.72 2.01 1.77 -1.24 -.41 1.99 1.20 -.52 -.22 -.25 .81 .39 -.86 1985 1986 1987 1988 1989 -.07 -1.23 -.08 -.18 -.23 -.83 -.56 1.18 -.04 -.54 .34 1.01 .92 1.04 -.25 .03 .07 -.15 -.97 1965 1966 1967 1968 1969 -1.07 -1.73 1.27 -.13 -2.68 0 .83 -.79 1.19 -.44 -.48 '.. May Apr. Mar. Feb. -.97 1.07 -.39 .20 .17 .05 .47 .45 .63 -1.33 1.12 .38 -.60 .88 2.39 2.41 1.93 -.69 0.70 ^.23 1.19 -1.44 -.65 -.73 1.40 .75 -.43 -.44 -1.19 1.03 -.74 -.64 .29 .20 -.02 -.92 -.35 .78 .93 .11 -.98 .46 .44 -.06 1.23 1.39 2.17 -.25 1.61 -3.23 .96 .86 .06 -1.12 .20 1.03 -.25 -1.09 .75 .37 1.15 .68 -2.20 .28 .42 -.87 -.27 2.08 .77 -.83 1950. 1951 1952 1953 1954 .28 .35 .51 .70 4.47 -2.14 -.25 -.68 4.00 -1.86 -.33 -.63 3.16 -1.81 -.21 -.37 2.06 -1.62 -.21 .31 .47 .17 .41 .39 .37 .31 1960 1961 1962 1963 1964 1965 1966. 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976. 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 .67 .34 -.60 .12 -.06 .42 .55 .28 -1.01 .28 .94 .31 -.02 -.71 .46 .16 -.39 .09 -.03 .36 .31 .31 -.98 .30 1.00 .09 -.46 1.13 -.40 -.15 -.53 -• .13 -.24 -.99 3.45 1.41 -1.98 .83 1.41 -.81 .47 .38 .15 1.79 -.06 -.66 ; .24 .97 .87 1948 1949 1955 1956 1957 1958 1959 .69 .21 .40 2.09 -.28 -.58 2.53 -2.03 .59 .71 --91 99b. Change in 1.29 -1.47 3.02 -.79 -.78 2.12 -.36 2.20 1.00 1.33 , t June -1.16 -.13 -.69 .42 -.02 -.18 .08 0 .35 .18 .37 -1.01 .41 .95 -.13 -.20 -1.73 .02 .41 .16 -.24 ^•.74 .47 -.09 -.01 -.06 -.03 .39 .21 .37 -1.02 .49 .85 -.25 .54 -.10 .93 -.19 -.97 .79 2.25 .40 -.94 .35 .27 -.91 .40 .69 -.32 .11 .15 1.98 2.77 -2.42 1.09 1.53 2.16 1.43 -1.00 1.27 .19 .84 .45 .75 .51 .52 .46 .38 1.22 1.24 1.39 1.62 1.76 1.32 1.45 1.47 -.05 -1.09 1.00 .17 .10 -.40 .58 .60 .86 1.44 2.93 -3.01 1.29 1.72 2.91 -2.81 1.21 .19 .72 .32 -1.12 -.19 1.61 .01 -1.10 .21 .44 -1.01 -.38 1.27 1.38 -.94 -.23 1.07 1.19 -.81 -.26 .30 .75 .24 .96 .90 .33 1.04 .05 -1.24 .55 .98 -.74 -.28 .97 .44 .84 -1.17 .67 .70 -.73 -.15 1.18 .50 .48 t Data are smoothed by an autoregressive-moving-average filter developed by Statistics Canada. sensitive materials prices (percent) 0.88 -0.46 -0.88 1.41 -2.00 .14 2.88 6.32 7.53 -4.95 -2.60 -6.01 -1.84 -.55 .83 -.38 -.66 -.49 -.59 .75 .49 .65 1.78 -.10 .41 -1.20 -.17 -.20 -.79 -.35 .27 1.46 .65 .12 -.02 .37 -.07 -.75 -.56 .37 -.99 .70 -.28 -.80 -.38 .10 .38 .83 1.02 .29 .29 -.30 -.29 .77 .94 .48 -.97 .51 1.08 3.23 -.27 -2.49 1.50 -1.04 2.25 1.09 -1.53 -.04 -1.51 1.04 -.24 -1.02 1.61 1.18 1.30 -.55 .18 -.04 -.15 .74 .61 -1.00 .40 .78 2.17 .89 -.20 3.54 .28 .56 .79 .55 .22 .51 2.73 -.98 -.59 1.63 1.45 .09 -.78 .55 -2.48 -.20 .73 1.09 -.18 .35 .13 -.62 .41 .58 -.45 .22 1.73 2.31 .69 -.77 1.37 .23 .56 1.75 .32 .03 -.39 .47 .51 -.60 .28 1.72. 2.37 .29 -.56 1.72 .11 .66 1.62 -.55 .12 -1.17 .79 .41 -.76 .17 1.30 .64 .13 -.83 .14 -.95 1.12 .05 -.76 .55 1.39 .65 -.20 -1.41 1.13 5.82 -3.08 .82 -.77 .54 .12 .22 -.77 .65 .49 -.34 -.10 0 -.42 .98 .11 -.96 .20 .49 1.01 -.95 .93 .41 .57 .25 3.07 -1.06 2.27 1.88 -1.00 3.08 .13 .68 .15 .06 1.70 -.29 2.06 1.34 -.10 1.17 -1.57 .17 -.90 3.21 -1.28 -.59 -2.77 1.18 .21 -.49 .34 -.37 -.22 .54 .55 -.63 Nov. Oct. Sept. 99. Change in sensitive materials prices, smoothed (percent) t .38 .30 .14 -2.02 -2.19 -1.98 -1.40 1.12 1.60 2.52 3.73 1.03 -.07 -1.50 -2.81 -1.40 -1.33 -1.18 -.83 -.21 -.09 -.06 -.12 .27 .48 .61 .52 .42 .46 .66 .68 -.05 -.32 -.47 -.43 -.35 -.48 -.54 -.52 -.64 .22 -.46 -.10 .57 .57 .49 .43 -.22 -.32 -.35 -.11 .15 .10 .14 .20 -.08 -.19 -.28 -.33 -.03 .03 .17 .25 .32 .25 .23 .31 1.08 2.16 2.29 -1.74 1.15 -.46 Aug. July -0.68 -2.02 2.78 1.14 -1.16 -.80 .74 -.31 .19 -1.23 1.91 .66 -.74 .65 .23 .68 1.54 .57 -1.00 Dec. 0.13 1.00 3.23 -1.66 -1.22 -.63 -.23 .73 .63 -.97 .79 .29 -.40 -1.65 .35 .75 .47 .07 -.89 .17 .20 1.26 -.23 1.29 .31 .41 .40 .22 .11 1.62 1.97 -3.98 2.33 2.44 -3.49 .76 -.61 .51 -.49 .73 .70 2.23 3.19 1.64 1.55 .98 .76 1.54 -.29 -1.58 1.87 -1.20 -.53 2.05 -2.07 -.17 3.17 .59 .29 .26 -.24 -.13 -1.78 -.85 1.56 -.16 -.45 1.99 -1.22 2.02 -1.89 -.16 -.72 4.72 -3.61 -.40 -.33 -.41 -.49 5.04 -3.44 -.25 -.47 -.48 -.16 4.98 -3.10 -.29 -.57 .47 .61 .48 .45 .39 .39 0 .38 -.27 -.32 -.55 .46 .40 -.37 .20 -.32 .20 .46 .32 -.68 -.07 .57 .64 -.69 -.19 -.66 .80 .42 -.43 .25 -.24 .24 .69 .34 -.91 .05 .68 .57 -.59 '-.76 .99 .41 -.46 .03 -.11 .33 .79 .32 -1.04 .14 .83 .51 -.42 .41 .50 .54 .51 1.54 2.51 -.13 -.05 1.71 1.26 2.50 -.49 1.14 2.43 -1.17 1.10 1.09 1.23 2.38 -1.88 1.27 .11 .86 1.28 -.60 .15 -.81 1.59 -.34 -.73 .66 1.50 .10 .18 1.04 1.31 .90 .98 .15 -.23 -.07 -.57 1.86 -.56 -.83 -.35 -.43 2.05 -.89 -.80 .32 .40 .82 1.42 1.32 1.13 .60 -.43 .45 -.47 .27 -.45 .64 .30 1.51 1.11 .46 -.71 -.40 2.09 -.99 -.74 1.22 .70 .40 -.63 Annual -060 .40 2.64 -.88 .81 -.53 -.15 1.40 .55 -.59 -1.06 .29 -.88 3.08 -1.15 -.82 -.43 .28 .60 -.05 -.66 .17 .45 -1.05 1.16 -.53 .74 .33 0 -.50 .96 .52 .15 -1.24 .89 1.55 5.65 -4.86 -.39 .14 -.14 .25 .47 .21 -.40 -.19 .58 .56 -.47 .37 1.38 2.60 -.82 1.12 .55 1.38 -.52 1.20 -.62 -1.26 -.28 .62 -.76 .07 -.11 .55 1.01 -2.08 .36 .90 .48 .88 1.40 .22 -.48 -.64 1.41 -.24 -.65 .58 .82 .63 -.33 -.54 .11 4.63 -2.60 -.17 -.62 .26 .49 .18 -.80 .83 .39 -.56 .05 -.09 .43 .79 -1.11 2.52 -.20 -1.11 -.29 .15 .47 -.02 -.41 -.07 .48 -.20 0 -.12 .12 ,45 .26 -1.04 .30 .88 .42 -.44 .54 1.33 2.80 -2.69 1.35 .36 .52 1.35 1.20 .32 -.19 -.48 .52 .68 -.34 .18 1.22 2.23 .58 -.66 1.20 .28 .88 1.34 .49 -.99 -.36 1.92 -1.01 -.59 1.28 .43 .56 -.93 .36 -.11 -.87 1.09 .21 -.79 .29 1.09 .45 .09 C-42 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966. 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970. 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 Jan. 44,744 47,557 45,212 49,980 60 450 67,381 65,980 64,942 76,246 85,503 85,543 83,243 91,886 95,855 97,858 105,348 113,088 126,538 149,386 171,395 184,234 205 305 225,137 226,799 217 727 226,632 232,586 245,038 209,264 198,169 202,332 211,348 226,606 223,756 255,459 268,017 267,024 318 828 340,214 364,667 354,651 371,448 832.1 813.3 833.6 801.9 807.6 840.6 856.6 901.1 916.9 9112 897.0 952.5 981.2 1,016.8 1 085 9 1,160.0 1,235.9 1,324.5 1,401.2 1,413.5 1,495.2 1,543.1 1,505.1 1,536.1 1,686.2 1,841.2 1,788.6 1,683.4 1,788.9 1,936.0 1,994.3 1,967.8 1,865.5 18136 1,852.5 1,977.6 2,079.8 2,189.1 2,261.5 2,453.1 2 440 8 2,443.1 Feb. Mar. 45,364 48,183 45,172 51,168 60,883 67,540 66,406 65,235 76,520 85,577 84,559 83,290 93,161 95,761 98,237 105,940 114,576 129,201 150,479 172,904 183,565 206,240 227,790 226,101 217,500 231,212 232,644 244,065 209,947 198,148 200,975 211,403 227,029 222,051 260,455 267,246 270,702 321,793 343,552 361,323 359,891 377,680 45,408 47,776 45,172 52,550 61,255 67,791 66,321 66,168 78,515 86,955 83,713 83,981 93,223 96,182 98,804 106,305 114,592 131,937 152,536 175,381 183,900 208,463 231,065 226,214 219,885 230,700 232,684 242,798 205,817 196,847 203,430 211,524 229,035 218,223 262,378 268,376 276,583 324,607 346,847 359,137 360,842 378,902 832.1 816.5 834.7 791.4 814.6 842.0 856.1 903.2 913.6 906.6 904.7 956.1 979.0 1,024.6 1,090.7 1,168.3 1,242.8 1,332.8 1,399.4 1,418.1 1,493.2 1,536.8 1,489.6 1,548.2 1,697.0 1,833.6 1,776.3 1,688.4 1,809.8 1,938.7 1,993.0 1,955.4 1,859.0 1,810.9 1,850.8 2,013.6 2,088.4 2,198.5 2,277.6 2,442.0 2,455.9 2,437.1 835.7 816.5 833.3 791.0 816.4 843.3 858.6 902.2 915.8 906.9 909.1 966.9 981.3 1,029.8 1,099.4 1,172.5 1,248.8 1,336.7 1,402.4 1,430.7 1,500.8 1,534.8 1,488.1 1,569.4 1,715.2 1,823.6 1,770.9 1,702.7 1,822.6 1,941.1 1,989.1 1,950.7 1,837.9 1,819.3 1,862.7 2,029.8 2,094.9 2,197.1 2,304.3 2,436.3 2,463.4 2,432.5 Apr. May June July Aug. Sept. 101. Commercial and industrial loans outstanding in 1982 dollars (mil.$) 45,420 46,469 46,903 47,457 47,521 47,423 47,095 46,765 45,592 44,977 45,475 45,261 45,985 46,081 46,541 54,221 55,524 56,472 57,182 57,894 61,608 61,818 62,529 62,855 62,584 69,041 69,251 69,269 68,425 69,150 65,878 65,388 65,325 65,106 62,437 66,362 67,983 68,717 70,126 71,207 79,581 80,630 81,700 83,030 83,312 87,630 88,352 89,203 89,259 89,092 83,468 82,082 82,079 81,962 81,677 84,506 85,903 87,543 87,495 89,028 93,805 94,968 96,192 96,142 95,997 96,696 96,829 97,256 96,806 97,156 99,744 100,492 101,197 101,551 102,424 107,252 107,403 107,399 107,445 108,294 115,623 116,952 117,702 118,177 119,380 133,372 135,850 136,043 137,052 140,096 154,157 156,256 158,811 160,633 163,307 177,852 177,955 178,851 179,973 179,838 186,997 186,968 188,412 189,813 193,336 213,354 215,124 217,120 217,539 221,423 230,617 231,962 232,870 231,547 234,407 223,082 223,824 220,738 218,311 221,265 222,244 222,547 222,338 221,072 221,446 233,413 231,627 231,134 237,374 228,432 240,896 241,527 243,340 242,048 238,469 237,503 231,002 226,547 222,680 219,625 199,322 199,127 199,376 196,961 197,204 195,570 195,920 198,446 197,942 200,329 203,797 205,797 207,924 208,717 209,932 215,596 217,070 220,029 221,364 224,896 228,454 225,092 228,246 222,492 220,472 219,981 225,106 228,949 231,984 237,186 267,759 271,565 272,899 272,072 272,722 264,546 259,390 259,504 258,345 258,227 282,904 288,689 298,112 301,703 305,775 326,674 326,114 328,855 331,782 324,451 345,052 346,324 349,561 354,412 344,018 356,444 353,526 353,171 350,404 346,810 363,322 363,394 364,867 365,156 365,565 380,436 385,204 388,251 391,587 400,521 823.9 817.7 841.2 792.5 816.0 845.8 860.9 904.7 915.0 908.3 912.7 964.1 980.7 1,035.6 1,104.2 1,181.6 1,255.6 1,340.3 1,401.2 1,435.0 1,505.3 1,531.9 1,481.2 1,589.2 1,724.9 1,822.1 1,769.2 1,718.1 1,838.7 1,947.1 1,989.3 1,948.4 1,816.0 1,831.5 1,870.1 2,032.8 2,100.0 2,194.7 2,336.4 2,436.2 2,468.9 2,417.4 106. Money 816.1 819.4 838.5 792.2 821.9 848.4 868.5 911.6 914.3 907.9 918.7 971.1 983.7 1,043.0 1,110.2 1,190.2 1,263.4 1,344.9 1,403.0 1,445.3 1,505.6 1,529.4 1,485.0 1,601.0 1,731.8 1,825.7 1,749.2 1,732.3 1,852.7 1,957.7 1,987.9 1,934.7 1,808.5 1,823.0 1,864.6 2,037.8 2,106.1 2,203.8 2,355.9 2,433.2 2,471.9 2,404.8 supply M2 in 1982 dollars (bil. $) 812.8 804.3 805.5 819.0 825.2 824.0 840.5 832.8 831.1 797.8 801.9 808.6 822.5 819.1 825.4 846.4 851.3 850.4 871.0 878.4 882.7 911.6 913.7 913.7 910.3 908.1 908.1 905.8 905.5 904.8 927.1 930.8 936.8 973.5 977.8 978.2 984.4 994.4 999.7 1,049.2 1,050.6 1,056.8 1,115.3 1,121.4 1,123.9 1,193.4 1,202.5 1,206.6 1,267.6 1,277.9 1,287.9 1,345.3 1,358.6 1,363.0 1,401.8 1,401.5 1,394.4 1,454.8 1,468.4 1,472.9 1,507.2 1,508.3 1,514.9 1,526.4 1,522.0 1,515.9 1,489.3 1,489.8 1,500.2 1,606.7 1,614.5 1,625.1 1,742.4 1,760.7 1,774.3 1,828.2 1,836.7 1,810.5 1,745.2 1,738.6 1,723.6 1,749.8 1,749.4 1,761.0 1,847.4 1,853.6 1,866.8 1,961.9 1,966.6 1,975.0 1,977.9 1,975.8 1,976.4 1,935.7 1,931.5 1,925.0 1,812.6 1,836.8 1,844.2 1,817.0 1,811.1 1,815.8 1,853.2 1,857.5 1,872.9 2,046.9 2,050.8 2,054.3 2,113.7 2,114.7 2,118.8 2,222.8 2,234.1 2,246.3 2,360.8 2,385.0 2,400.7 2,427.5 2,427.0 2,429.2 2,472.5 2,468.0 2,463.7 2,411.8 2,424.0 2,439.5 Oct. Nov. Dec. Annual 47,537 44,739 47,799 58,209 63,605 68,554 62,486 71,703 83,853 89,639 82,206 89,303 96,335 97,400 102,270 109,155 120,691 142,954 164,955 180,641 194,852 224,117 234,119 226,807 220,381 232,244 245,848 215,734 195,324 200,380 209,534 227,182 221,829 241,748 274,885 257,595 310,868 332,614 353,127 350,297 364,291 398,512 47,701 45,015 48,535 58,648 64,661 68,455 62,591 73,091 84,095 88,728 82,740 90,370 96,148 97,403 103,839 110,557 121,293 144,418 167,710 182,018 197,099 225,900 229,714 224,360 225,691 236,855 243,149 212,373 196,721 201,485 209,611 224,603 220,611 244,062 274,307 256,193 314,940 334,166 353,830 351,588 367,482 397,393 47,169 44,781 49,252 58,904 66,304 68,093 63,127 74,434 84,847 87,275 82,848 91,130 96,505 97,594 104,726 112,420 122,584 146,353 169,505 183,458 199,858 226,504 228,240 223,948 226,819 238,445 243,439 211,985 198,898 202,541 211,492 222,027 224,520 247,798 269,427 257,774 316,890 335,617 353,963 350,113 367,589 397,725 47,149 44,842 49,721 59,568 67,082 66,616 64,707 75,495 85,159 86,834 83,301 91,752 96,215 97,718 105,193 114,136 124,533 147,290 170,315 184,341 201,277 227,826 228,288 220,953 224,114 235,590 244,106 211,466 198,760 202,979 210,275 223,553 224,962 250,863 263,382 261,357 318,318 336,736 359,861 352,611 370,598 396,596 46,570 46,229 46,684 55,860 62,970 68,297 64,646 69,622 81,457 87,837 83,015 87,295 95,048 96,888 101,361 108,471 118,266 137,592 159,838 178,717 190,859 217,410 230,480 223,534 221,814 232,805 240,061 226,735 200,560 199,063 206,985 219,216 224,946 232,642 268,109 261,381 296,042 328,520 349,230 354,174 363,971 388,688 804.7 819.8 828.2 808.2 830.4 851.1 884.5 909.7 908.8 905.1 939.5 975.3 1,003.9 1,059.2 1,126.0 1,213.2 1,293.8 1,373.7 1,402.1 1,479.3 1,521.4 1,516.4 1,508.4 1,641.6 1,791.1 1,808.6 1,711.7 1,764.3 1,877.6 1,984.7 1,981.5 1,920.6 1,846.1 1,810.4 1,886.9 2,060.6 2,127.9 2,256.6 2,409.8 2,434.6 2,454.5 2,446.7 807.5 826.5 824.0 808.9 833.0 850.5 891.7 914.4 906.7 906.1 942.8 972.5 1,001.9 1,065.0 1,134.3 1,217.9 1,302.2 1,380.5 1,396.2 1,486.0 1,524.9 1,508.8 1,513.7 1,651.9 1,802.5 1,793.9 1,698.7 1,765.9 1,893.7 1,991.1 1,975.5 1,911.2 1,839.9 1,820,4 1,893.0 2,070.9 2,132.3 2,257.8 2,426.2 2,438.8 2,450.8 2,449.5 812.8 824.0 822.4 805.9 837.0 855.0 891.7 910.8 909.1 904.1 941.5 974.4 1,006.5 1,072.3 1,142.5 1,227.9 1,307.4 1,390.2 1,400.3 1,489.1 1,531.9 1,509.0 1,517.8 1,667.2 1,814.8 1,795.2 1,695.7 1,771.2 1,908.1 1,991.3 1,974.0 1,892.0 1,837.3 1,828.7 1,908.9 2,077.5 2,151.1 2,259.6 2,437.7 2,434.0 2,457.2 2,454.9 811.2 828.6 811.6 804.4 836.5 854.1 896.4 916.2 907.7 904.1 949.5 976.4 1,011.0 1,078.8 1,151.4 1,229.1 1,315.2 1,392.1 1,407.6 1,494.0 1,539.1 1,507.91,524.5 1,673.0 1,830.0 1,797.5 1,685.7 1,776.6 1,923.5 1,991.8 1,973.0 1,880.8 1,821.1 1,839.5 1,929.9 2,082.4 2,169.8 2,264.8 2,451.4 2,429.7 2,456.0 2,461.1 816.6 820.9 831.0 800.4 823.4 848.2 874.8 909.4 911.2 906.4 925.8 969.9 992.3 1,048.5 1,117.1 1,196.9 1,274.9 1,356.9 1,400.9 1,457.3 1,512.3 1,523.5 1,499.4 1,610.3 1,755.9 1,818.1 1,737.8 1,738.6 1,856.9 1,965.2 1,982.3 .1,929.5 1,835.4 1,820.1 1,875.2 2,044.6 2,116.5 2,227.1 2,367.3 2,435.1 2,460.3 2,435.2 C-43 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR Jan. Mar. Feb. May Apr. June July Aug. Sept. Nov. Oct. Dec. Annual 109. Average prime rate charged by banks, NSA (percent) 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 I960. 1961 1962 1963 1964 1965 1966 1967 1968 1969. 1970 1971.... 1972 1973 1974 1975 1976. 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1.75 2.00 2.00 2.44 3.00 3.00 3.25 3.00 3.50 4.00 4.34 4.00 5.00 4.50 4.50 4.50 4.50 4.50 5.00 5.96 6.00 6.95 8.50 6.29 5.18 6.00 9.73 1.75 2.00 2.00 2.50 3.00 3.00 3.25 3.00 3.50 4.00 4.00 4.00 5.00 4.50 4.50 4.50 4.50 4.50 5.00 5.75 6.00 7.00 8.50 5.88 4.75 6.02 9.21 1.75 2.00 2.00 2.50 3.00 3.00 3.13 3.00 3.50 4.00 4.00 4.00 5.00 4.50 4.50 4.50 4.50 4.50 5.35 5.71 6.00 7.24 8.39 5.48 4.75 6.30 8.83 1.75 2.00 2.00 2.50 3.00 3.03 3.00 3.00 3.65 4.00 3.83 4.00 5.00 4.50 4.50 4.50 4.50 4.50 5.50 5.50 6.20 7.50 8.00 5.25 4.98 6.60 10.02 10.05 7.00 6.25 7.93 11.75 15.25 20.16 15.75 11.16 11.00 8.96 6.75 6.25 8.00 11.75 7.93 6.75 6.25 8.00 11.75 15.63 19.43 16.56 10.98 11.00 10.50 9.50 7.50 8.51 10.93 18.31 18.05 16.50 10.50 11.21 10.50 9.10 7.50 8.50 11.50 7.50 6.75 6.25 8.00 11.75 19.77 17.15 16.50 10.50 11.93 10.50 8.83 7.75 8.50 11.50 10.61 9.50 7.50 8.75 10.50 . 1.75 2.00 2.00 2.50 3.00 3.25 3.00 3.00 3.75 4.00 3.50 4.23 5.00 4.50 4.50 4.50 4.50 4.50 5.50 5.50 6.50 7.50 8.00 5.42 5.00 7.01 11.25 7.40 6.75 6.41 8.27 11.75 16.57 19.61 16.50 10.50 12.39 10.31 8.50 8.14 8.84 11.50 1.75 2.00 2.00 2.50 3.00 3.25 3.00 3.00 3.75 4.00 3.50 4.50 5.00 4.50 4.50 4.50 4.50 4.50 5.52 5.50 6.50 8.23 8.00 5.50 5.04 7.49 11.54 1.75 2.00 2.00 2.50 3.00 3.25 3.00 3.00 3,75 4.00 3.50 4.50 2.00 2.00 2.00 2.50 3.00 3.25 3.00 3.23 3.84 4.42 3.50 4.50 5.00 4.50 4.50 4.50 4.50 4.50 5.75 5.50 6.50 8.50 8.00 5.90 5.25 8.30 11.98 4.85 4.50 4.50 4.50 4.50 4.50 5.88 5.50 6.50 8.50 8.00 6.00 5.27 9.23 12.00 7.07 7.20 6.75 8.63 11.65 12.63 7.15 7.25 6.75 9.00 11.54 11.48 7.66 7.01 6.83 9.01 11.91 11.12 20.03 20.39 16.50 10.50 12.60 9.78 8.50 8.25 9.00 11.07 16.26 10.50 13.00 9.50 8.16 8.25 9.29 10.98 20.50 14.39 10.89 13.00 9.50 7.90 8.25 9.84 10.50 ; 2.00 2.00 2.08 2.50 3.00 3.25 3.00 3.25 4.00 4.50 3.83 5.00 4.50 4.50 4.50 4.50 4.50 4.50 6.00 5.50 6.40 8.50 7.83 6.00 5.50 9.86 12.00 7.88 7.00 7.13 9.41 12.90 2.00 2.00 2.25 2.62 3.00 3.25 3.00 3.40 4.00 4.50 4.00 5.00 4.50 4.50 4.50 4.50 4.50 4.50 6.00 5.50 6.00 8.50 7.50 5.91 5.73 9.94 11.68 7.96 6.78 7.52 9.94 14.39 13.79 18.45 12.52 11.00 12.58 2.00 2.00 2.25 2.75 3.00 3.25 3.00 3.50 4.00 4.50 4.00 5.00 4.50 4.50 4.50 4.50 4.50 4.50 6.00 5.68 6.20 8.50 7.28 5.47 5.75 9.75 10.83 2.00 2.00 2.25 2.85 3.00 3.25 3.00 3.50 4.00 4.50 4.00 5.00 4.50 4.50 4.50 4.50 4.50 4.92 6.00 6.00 6.60 8.50 6.92 5.25 5.79 9.75 10.50 1.85 2.00 2.07 2.56 3.00 3.17 3.05 3.16 3.77 4.20 3.83 4.48 4.82 4.50 4.50 4.50 4.50 4.54 5.62 5.63 6.28 7.95 7.91 5.70 5.25 8.02 10.80 7.26 6.35 7.75 11.55 15.30 7.86 6.84 6.82 9.06 12.67 20.35 15.75 11.50 11.00 11.06 15.27 18.87 14.86 10.79 12.04 9.50 7,50 8.75 10.50 10.50 9.93 8.33 8.20 9.32 10.87 13.50 11.00 12.97 9.50 7.50 8.70 10.00 10.50 9.50 7.50 9.07 10,00 10.50 7.53 6.50 7.75 10.94 15.55 16.06 16.84 11.85 11.00 11.77 9.50 7.50 8.78 10.05 10.50 12.23 20.08 120a. Consumer Price Index for services (1982-84=100) 1948 1949 1950 1951 1952 1953 1954 1955 1956. 1957 1958 1959 74.1 83.7 93.9 97.9 102.6 20.7 21.6 22.4 23.0 23.9 24.4 24.9 25.3 25.8 26.4 27.1 28.5 29.8 31.8 34.4 36.5 38.1 39.4 42.4 47.0 51.1 54.8 59.1 64.9 75.4 84.4 94.0 98.1 103.0 107.9 113.5 118.3 123.6 129.6 108.4 114.1 118.7 124.0 130.2 20.7 21.4 22.3 22.9 23.7 24.4 24.8 25.3 25.8 26.3 27.0 28.3 29.5 31.4 33.8 36.4 37.9 39.1 41.8 46.5 50.5 54.1 58.3 63.8 20.7 21 A 22.4 23.0 23.8 24.4 24.8 25.3 25.8 26.4 27.0 28.4 29.6 31.5 34.0 36.5 38.0 39.2 42.0 1980. 1981 1982 1983 1984... — 73.1 83.0 93.5 97.5 102.1 1985 1986 1987 1988 1989 107.4 113.1 118.0 123.2 129.1 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 NSA Not seasonally adjusted 46.9 50.8 54.4 58.7 64.4 20.9 21.8 22.6 23.2 24.0 24.5 25.0 25.5 26.0 20.9 21.8 22.7 23.3 24.1 24.5 25.1 25.5 26.0 21.0 21.9 22.7 23.4 24.1 24.6 25.1 25.6 26.0 21.1 22.0 22.8 23.5 24.2 24.6 25.1 25.6 26.0 21.1 22.1 22.8 23.6 24.2 24.7 25.1 25.6 26.1 21.2 22.2 22.8 23.6 24.3 24.7 25.2 25.7 26.2 21.3 22.2 22.8 23.7 24.3 248 25.2 25.8 26.2 20.9 21.8 22.6 23.3 24.0 24.6 25.0 25.5 26.0 26.5 27.3 28.6 29.9 32.0 34.6 36.6 38.2 39.5 42.6 47.3 51.3 55.2 59.6 65.5 76.6 85.3 94.9 98.7 103.5 20.8 21.7 22.6 23.2 24.0 24.5 25.0 25.4 25.9 26.5 27.4 28.6 30.0 32.2 34.8 36.7 38.3 39.6 43.1 47.5 51.4 55.4 60.0 66.2 26.5 27.5 28.8 30.2 32,3 35.0 37.0 38.4 39.8 43.5 47.8 51.7 55.8 60.5 66.8 26.6 27.7 28.8 30.4 32.5 35.2 37.1 38.5 39.9 44.0 48.0 52.1 56.3 61.0 67.6 26.6 27.7 28.9 30.6 32.7 35.4 37.3 38.6 40.2 44.5 48.3 52.4 56.6 61.5 68.5 26.7 27.9 29.0 30.7 33.0 35.6 37.4 38.7 40.5 45.0 48.7 52.8 56.9 62.1 69.2 26.9 28.2 29.2 31.0 33.3 36.0 37.6 38.9 41.3 45.8 49.6 53.4 57.6 63.1 71.1 77.6 86.4 95.7 98.9 103.9 79.0 87.5 96.5 99.2 104.2 78.5 88.9 97.0 99.6 104.9 78.5 89.9 97.6 99.8 105.4 79.0 91.2 97.6 100.2 105.9 26.8 28.0 29.2 30.9 33.1 35.8 37.5 38.8 41.0 45.4 49.0 53.1 57.2 62.6 70,1 80.0 91.7 97.9 100.7 106.3 81.1 92.5 97.7 101.3 106.7 26.9 28.2 29.4 31.2 33.5 36.2 37.7 39.0 41.5 46.2 49.9 53.7 57.9 63.3 72.0 82.2 93.0 96.9 101.6 107.1 26.6 27.6 28.8 30.3 32.4 35.1 37.0 38.4 40.1 43.9 48.0 52.0 56.0 60.8 67.5 77.9 88.1 96.1 99.5 104.6 108.7 114.6 119.2 124.5 130.6 109.4 114.9 119.6 124.9 131.1 109.8 115.5 120.0 125.4 131.6 110.3 115.7 120.3 125.9 132.3 110.7 116.1 121.0 126.4 132.7 111.0 116.5 121.3 126.9 133.0 111.5 116.8 121.7 127.4 133.6 112.1 117.2 122.1 127.9 134.2 112.5 117.5 122.5 128.5 134.9 110.0 115.5 120.2 125.7 131.9 20.8 21.6 22.5 23.1 23.9 24.5 24.9 25.4 25.9 C-44 SURVEY OF CURRENT BUSINESS October 1990 Historical Data for Selected Series—Continued YEAR Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Annual 120b. Change in Consumer Price Index for services (AR,percent) 1948 1949 1950 . 1951 1952 1953 1954 1955 1956 1957 1958 1959 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969.. 1970. 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 ••""•••— """"•'•• 5.8 5.5 5.4 0 5.1 0 4.9 0 4.7 4.6 4.3 4.2 8.0 11.3 6.8 6.6 3.1 9.0 8.1 15.4 9.3 8.6 9,9 20.0 12.3 6.6 7.7 6.1 3.4 6.6 5.2 7.1 5.7 0 0 5.5 5.4 5.2 0 0 0 0 4.7 0 4.3 4.1 3.9 7.3 3.3 3.2 3.1 5.9 10.8 7.4 6.9 8.6 11.9 17.7 10.6 5.3 5.0 6.0 5.7 4.3 3.1 4.0 4.7 0 11.8 0 0 5.2 0 4.9 0 0 0 4.5 4.3 8.4 12.0 15.1 0 3.2 6.3 12.0 2.6 7.3 9.2 8.5 9.7 23.2 10.5 1.3 2.5 4.8 5.7 6.5 4.1 4.0 5.7 6.0 0 5.5 5.3 0 5.0 0 4.8 4.8 4.6 9.2 4.3 4.1 7.8 7.2 3.3 3.2 3.1 5.8 7.9 4.8 9.1 10.6 11.7 20.9 13.6 12.1 7.6 6.0 3.4 5.4 5.2 4.9 3.7 0 5.7 5.5 5.3 5.1 0 4.9 0 0 0 4.5 0 4.1 7.8 7.2 3.3 3.2 3.1 . 15.0 5.2 2.4 4.4 8.4 13.6 16.8 16.6 10.6 2.5 4.7 8.0 3.2 4.1 3.9 4.7 5.9 5.7 0 0 0 0 0 4.8 4.7 0 4.5 8.7 8.3 3.8 7.1 10.3 3.2 6.2 11.7 7.8 7.2 9.0 10.5 11.4 23.9 16.4 10.5 3.7 3.5 4.5 6.4 4.1 4.9 4.7 0 0 5.4 5.3 5.1 0 4.9 0 0 4.6 9.1 0 8.2 7.7 7.1 3.3 3.2 3.1 14.7 5.1 9.7 11.3 10.4 15.4 -7.3 21.0 6.4 4.9 8.4 5.6 2.1 3.0 4.9 6.6 5.9 5.6 0 5.3 0 5.0 0 4.8 0 0 0 4.2 8.2 7.6 7.0 6.7 3.2 9.4 14.5 7.8 7.1 6.6 10.3 17.2 0 14.4 7.7 2.4 5.9 4.4 4.2 7.2 4.9 3.7 5.9 5.6 5.4 5.3 5.1 0 0 0 0 4.6 9.0 4.2 4.0 11.6 7.0 3.3 3.2 9.3 14.3 10.4 9.6 6.5 12.4 13.0 7.9 18.8 0 4.9 5.8 3.3 4.2 3.0 4.9 2.7 0 5.6 0 5.2 0 5.0 0 0 4.7 4.6 4.4 8.6 8.1 3.7 7.0 3.3 3.1 15.9 11.2 7.6 7.0 6.5 10.1 16.8 16.3 6.8 3.8 6.2 4.6 5.5 3.1 4.0 4.8 5.5 5.8 5.6 0 0 5.1 0 4.9 4.8 4.7 4.6 8.9 0 4.0 7.5 6.9 3.2 3.1 9.1 11.1 15.7 7.0 8.7 10.0 18.5 17.8 11.0 -2.4 7.4 4.6 6.7 4.2 4.0 4.8 5.5 5.8 0 0 5.2 0 5.0 0 4.8 0 0 0 8.5 8.0 7.5 6.9 3.2 3.1 6.0 11.0 7.5 7.0 6.4 3.9 16.3 17.5 6.7 -9.4 3.6 4.6 4.4 3.1 4.0 5.8 6.4 4.3 2.7 4.0 2.6 2.1 1,6 2.4 1.6 2.7 4.9 4.3 6.1 7.4 8.1 4.2 3.5 6.5 11.4 8.0 7.7 7.8 9.4 13.8 14.6 13.2 4.4 4.9 5.4 5.0 4.4 4.2 4.9 5.0 3.9 4.2 3.1 4.2 2.7 1.4 1.9 2.2 1.2 2.1 5.6 3.4 6.8 7.8 7.6 4.8 3.2 5.9 13.0 6.6 7.1 8.1 10.4 13.9 9.7 16.9 6.8 4.1 5.8 5.0 4.3 4.4 4.7 4.6 3.7 4.5 2.7 4.6 2.4 1.8 1.4 1.9 1.4 2.5 5.7 4.2 6.9 7.5 7.3 4.6 3.1. 7.9 13.3 7.0 7.2 7.7 10.7 14.7 8.7 16.0 5.8 4.5 5.7 4.9 4.0 4.4 4.8 4.5 3.9 4.8 2.1 4.2 2.6 1.9 1.6 2.0 2.0 3.1 6.1 4.0 6.6 7.4 7.1 4.3 3.1 9.2 13.2 8.4 7.3 7.7 10.8 15.7 9.4 14.8 4.2 5.1 5.5 5.1 3.8 4.3 4.8 4.6 4.3 4.3 1.5 4.1 2.4 2.3 1.5 2.5 2.1 3.0 5.6 4.5 6.6 7.3 6.9 4.0 3.1 9.5 12.8 9.1 7.3 7.5 9.9 16.3 10.8 13.0 1.4 5.3 5.3 5.1 3.6 4.2 5.0 4.9 4.6 3.3 3.3 2.9 1.9 2.0 2.0 1.8 2.6 4.6 4.1 6.0 7.3 8.2 4.7 3.5 5.2 11.0 8.3 8.2 7.9 9.2 12.1 15.2 14.0 6.8 3.1 5.6 5.0 4.8 4.1 4.7 4.9 120. Change in Consumer Price Index for services, smoothed (AR, percent) t 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 I960. 1961 1962 1963 1964 1965 1966 1967 1968... 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980. 1981 1982 1983 1984 1985 1986 1987 1988 1989 .... 4.7 4.2 1.6 3.5 2.6 2.3 1.9 2.5 2.5 3.1 5.1 4.8 6.8 7.8 6.8 4.2 3.1 9.6 12.0 10.4 7.6 7.5 9.4 17.2 11.9 11.1 .6 5.5 4.9 5.3 3.7 4.6 5.2 4.3 4.3 2.2 3.4 2.4 1.9 1.9 2.1 3.0 2.8 4.7 4.9 6.5 8.0 6.2 4.1 3.1 9.2 11.3 10.7 7.7 7.7 9.4 17.8 12.3 9.2 .7 5.7 4.8 5.3 3.7 4.7 5.2 5.1 3.8 2.3 3.5 1.9 2.1 1.6 1.6 2.9 2.8 4.4 5.4 7.1 9.1 5.1 4.0 3.5 9.3 9.7 10.5 7.9 7.9 9.5 18.9 12.4 7.0 1.0 5.7 4.8 5.5 3.8 4.7 5.3 4.8 3.7 2.7 3.2 2.1 2.0 1.9 1.7 3.1 3.7 4.2 5.5 7.5 9.5 4.2 3.8 3.7 8.9 8.6 9.5 8.2 8.4 9.8 19.8 12.5 6.4 2.1 5.7 4.7 5.5 4.0 4.7 5.1 4.8 3.9 3.3 3.2 1.9 2.3 1.8 1.6 2.8 4.3 3.5 5.4 7.8 9.4 3.5 3.6 3.7 9.5 7.5 8.0 7.9 8.6 10.5 19.9 13.2 6.6 2.8 5.6 5.0 5.3 4.1 4.6 5.0 t Data are smoothed by an autoregressive-moving-average filter developed by Statistics Canada. AR Annual rate 2.3 4.9 3.5 3.2 2.8 1.5 2.1 2.1 1.9 2.2 4.7 3.8 5.7 7.4 9.0 4.1 3.4 4.1 10.1 6.8 7.1 7.8 9.1 11.0 20.5 14.0 7.3 3.3 5.2 5.2 5.3 4.2 4.6 4.9 3.0 4.3 3.5 3.4 2.9 1.1 2.4 2.1 1.9 2.2 5.5 3.5 6.2 7.3 8.6 4.3 3.3 4.2 11.1 6.2 6.8 8.3 9.5 11.9 17.1 15.4 7.5 3.8 5.5 5.3 4.8 4.1 4.6 5.0 3.4 4.2 3.1 3.8 2.5 1.4 2.3 2.4 1.6 1.9 5.3 3.4 6.8 7.2 8.1 4.7 3.2 4.9 12.2 6.1 6.7 8.3 9.9 13.2 12.8 16.1 7.7 3.9 5.6 5.3 4.5 4.4 4.7 4,9 C-45 SURVEY OF CURRENT BUSINESS October 1990 Business Cycle Expansions and Contractions Duration in months Business cycle reference dates December December June 1861 December December Contraction (trough from previous peak) Peak Trough June 1857 October 1860 April 1865 June 1869 October 1873 1854 1858 .. Cycle Expansion (trough to peak) Trough from previous trough Peak from previous peak 18 8 32 18 30 22 46 18 34 48 30 78 36 40 54 50 52 March 1882 March 1887 July 1890 January 1893 December 1895 65 38 13 10 17 36 22 27 20 18 99 74 35 37 37 101 60 40 30 35 June 1897 December 1900 August 1904 June 1908 January 1912 June 1899 September 1902 May 1907 January 1910 January 1913 18 18 23 13 24 24 21 33 19 12 36 42 44 46 43 42 39 56 32 36 December 1914 March 1919 July 1921 July 1924 November 1927 August 1918 January 1920 May 1923 October 1926 August 1929 23 7 18 14 13 44 10 22 27 21 35 51 28 36 40 67 17 40 41 34 March 1933 June 1938 October 1945 October 1949 May 1954 May 1937 February 1945 November 1948 July 1953 Aueust « m%.^«.v>«. 1957 *.^^i 43 13 8 11 10 50 80 37 45 39 64 63 88 48 55 93 93 45 56 49 8 10 11 16 6 16 24 106 36 58 12 47 34 117 52 64 28 32 116 47 74 18 1854-1982 (30 cycles) 1854-1919 (16 cycles) 1919-1945 (6 cycles) 1945-1982 (8 cycles) 18 22 18 11 33 27 35 45 51 48 53 56 Average, peacetime cycles: 1854-1982 (25 cycles) 1854-1919 (14 cycles) 1919-1945 (5 cycles) 1945-1982 (6 cycles) 19 22 20 11 27 24 26 34 46 46 46 46 1867 1870 March 1879 May 1885 April 1888 May 1891 June 1894 ...... . .......................... April 1958 February 1961 November 1970 March 1975 July 1980 November 1982 . . . r.. April 1960 December 1969 November 1973 January 1980 July 1981 .... Average, all cycles: 1.29 cycles. 2. 15 cycles. 3. 24 cycles. 4. 13 cycles. NOTE.—Figures printed in bold italic are the wartime expansions (Civil War, World Wars I and II, Korean war, and Vietnam war), the postwar contractions, and the full cycles that include the wartime expansions. Source: National Bureau of Economic Research, Inc. . >51 49 53 55 2 3 4 46 47 45 44 C-46 SURVEY OF CURRENT BUSINESS October 1990 Specific Peak and Trough Dates for Selected Indicators Specific peak dates corresponding to reference peaks in— Series no. July 1981 Series title Jan. 1980 Nov. 1973 Dec. 1969 Apr. 1960 Aug. 1957 July 1953 (-7) (-9) (-8) (0) (-1) (-11) (-6) (+2) (-10) (-10) (-15) (-8) (-11) 10/68 1/69 11/68 8/69 4/69 2/69 5/69 2/69 12/68 1/69 2/69 4/69 11/68 (-14) (-11) (-13) (-4) (-8) (-10) (-7) (-10) (-12) (-11) (-10) (-8) (-13) 5/59 4/59 2/59 2/59 3/59 11/58 4/59 11/58 7/59 NST 2/60 6/59 4/59 (-11) (-12) (-14) (-14) (-13) (-17) (-12) (-17) (-9) (-24) (-38) (-15) (-21) 4/73 2/73 3/73 11/73 10/73 12/72 5/73 1/74 1/73 1/73 8/72 3/73 12/72 (-2) (-10) (-12) 11/55 9/55 7/55 4/55 11/56 2/55 1/56 8/55 7/56 1/56 11/56 12/55 5/55 (-21) (-23) (-25) (-28) (-9) (-30) (-19) (-24) (-13) (-19) (-9) (-20) (-27) 4/53 (-3) 9/52 (-10) 4/53 (-3) 7/52 (-12) 2/53 (-5) 11/52 (-8) 5/51 (-26) 6/53 (-1) 1/53 (-6) NST 2/53 (-5) 2/53 (-5) 10/52 (-9) (+3) 4/60 6/60 1/60 1/60 1/60 (0) (+2) (-3) (-3) (-3) 3/57 8/57 3/57 2/57 2/57 (-5) (0) (-5) (-6) (-6) 6/53 10/53 7/53 4/53 7/53 (-1) (+3) (0) (-3) (0) 6/60 (+2) 1/61 (+9) 2/61 (+10) 7/60 (+3) NST 12/60 (+8) 10/59 (-6) 7/60 (+3) 9/57 4/58 3/58 12/57 9/57 1/58 3/57 12/57 (+1) (+8) (+7) (+4) (+1) (+5) (-5) (+4) 9/53 12/53 1/54 2/54 6/53 4/54 n.a. 12/53 (+2) (+5) (+6) (+7) (-1) (+9) LEADING INDICATORS 1 5 8 32 20 29 92 99 19 106 83 910 940 Average weekly hours, mfg Average weekly initial claims (inverted) Mfrs.' new orders in 1982 dollars, consumer goods and materials Vendor performance, slower deliveries diffusion index . Contracts and orders for plant and equipment in 1982 dollars Building permits, new private housing units Change in mfrs.' unfilled orders in 1982 dollars, durable goods (smoothed ') Change in sensitive materials prices (smoothed ') Index of stock prices, 500 common stocks Money supply M2 in 1982 dollars Index of consumer expectations Composite index of 11 leading indicators Ratio, coincident index to lagging index , 41 51 47 57 920 Employees on nonagricultural payrolls Personal income less transfer payments in 1982 dollars Index of industrial production Mfg and trade sales in 1982 dollars Composite index of 4 coincident indicators. 91 77 62 109 101 95 120 930 Average duration of unemployment (inverted) . 12/80 7/81 10/80 4/81 4/81 9/80 12/80 12/80 11/80 NST 5/81 5/81 10/80 (-7) (0) (-9) (-3) (-3) (-10) (-7) (-7) (-8) (-2) (-2) (-9) 3/79 9/78 12/78 4/79 3/79 6/78 12/78 5/79 NST 1/78 11/76 10/78 4/78 7/81 8/81 7/81 1/81 7/81 (0) (+1) (0) (-6) (0) 3/80 1/80 3/80 3/79 1/80 (+2) (0) (+2) (-10) (0) 10/74 (+11) 11/73 (0) 11/73 (0) 11/73 (0) 11/73 (0) 3/70 NST 10/69 10/69 10/69 12/81 (+5) 10/82 (+15) 1/82 (+6) 8/81 (+1) 9/82 (+14) NST 9/81 (+2) 9/81 (+2) 7/79 6/80 6/80 4/80 3/80 11/79 6/80 4/80 (-6) (+5) (+5) (+3) (+2) (-2) (+5) (*3) 9/73 3/75 3/75 9/74 9/74 4/74 10/74 12/74 10/69 (-2) 11/70 (+11) 1/70 (+1) 2/70 (+2) 8/70 (+8) NST 4/70 (+4) 3/70 (+3) (-10) (-16) (-13) (-9) (-10) (-19) (-13) (-8) COINCIDENT INDICATORS .. . (-2) (-2) (-2) LAGGING INDICATORS Change in index of labor cost per unit of output mfg (smoothed ') Average prime ijate charged by banks Commercial and industrial loans outstanding in 1982 dollars Ratio, consumer installment credit to personal income Change in Consumer Price Index for services (smoothed *) Composite index of 7 lagging indicators . (-2) (+16) (+16) (+10) (+10) (+5) (+11) (+13) (+5) Specific trough dates corresponding to reference troughs in— Nov. 1982 July 1980 Mar. 1975 Nov. 1970 Feb. 1961 (-2) (-4) (-2) (-2) 3/75 3/75 3/75 2/75 12/75 3/75 4/75 1/75 12/74 1/75 2/75 2/75 3/75 (0) (0) (0) (-1) (+9) (0) (+1) (-2) (-3) (-2) (-1) (-1) (0) 9/70 (-2) 10/70 (-1) 11/70 (0) 12/70 (+1) 10/70 (-1) 1/70 (-10) 8/70 (-3) 9/70 (-2) 6/70 (-5) 4/70 (-7) 5/70 (-6) 10/70 (-1) 11/70 (0) 12/60 2/61 1/61 3/60 3/61 12/60 5/60 1/61 10/60 NST 11/60 4/60 2/61 (0) (0) (0) (-1) (0) 4/75 2/75 3/75 3/75 3/75 (+1) (-1) (0) (0) (0) 11/70 NST 11/70 11/70 11/70 2/61 12/60 2/61 1/61 2/61 1/81 (+6) 1/81 (+6) 7/81 (+12) 8/80 (+1) 3/81 (+8) NST 10/80 (+3) 10/80 (+3) 1/76 11/78 11/75 4/77 9/76 2/76 8/75 6/76 (+10) (+44) (+8) (+25) (+18) (+11) (+5) (+15) 6/72 2/73 11/71 3/72 2/72 NST 2/73 2/72 Apr. 1958 May 1954 (0) (0) (0) (-4) (-1) (-2) (-2) (-3) (-4) (-3) (+1) (-2) (-1) 4/54 9/54 10/53 11/53 3/54 9/53 12/53 1/54 9/53 NST 11/53 11/53 12/53 (-1) (+4) (-7) (-6) (-2) (-8) (-5) (-4) (-8) (-3) (-10) (0) 4/58 4/58 4/58 12/57 3/58 2/58 2/58 1/58 12/57 1/58 5/58 2/58 3/58 (0) (-2) (0) (-1) (0) 5/58 4/58 4/58 4/58 4/58 (+1) (0) (0) (0) (0) 8/54 4/54 4/54 12/53 8/54 (+3) (-1) (-1) (-5) (+3) 10/58 (+6) 5/59 (+13) 11/58 (+7) 8/58 (+4) 8/58 (+4) 11/58 (+7) 12/58 (+8) 8/58 (+4) 5/55 4/55 4/55 7/55 8/54 11/54 n.a. 2/55 (+12) (+11) (+11) (+14) (+3) (+6) LEADING INDICATORS 1 5 8 32 20 29 92 99 19 106 83 910 940 Average weekly hours, mfg Average weekly initial claims (inverted) Mfrs ' new orders in 1982 dollars consumer goods and materials . Vendor performance slower deliveries diffusion index . Contracts and orders for plant and equipment in 1982 dollars Building permits, new private housing units Change in mfrs/ unfilled orders in < 1982 dollars, durable goods (smoothed ') Change in sensitive materials prices (smoothed ') . . . . Index of stock prices, 500 common stocks Money supply M2 in 1982 dollars Index of consumer expectations . . . . . . . , Composite index of 1 1 leading indicators , Ratio coincident index to lassins index 41 51 47 57 920 Employees on nonagricultural payrolls Personal income less transfer payments in 1982 dollars Index of industrial production Mfg and trade sales in 1982 dollars Composite index of 4 coincident indicators. . . 91 77 62 109 101 95 120 930 Average duration of unemployment (inverted) Ratio, mfg. and trade inventories to sales in 1982 dollars Change in index of labor cost per unit of output, mfg. (smoothed ') 10/82 9/82 10/82 3/82 8/82 10/81 9/82 4/82 7/82 NST 3/82 1/82 1/82 (-1) (-2) (-1) (-8) (-3) (-13) (-2) (-7) (-4) (-8) (-10) (-10) 7/80 5/80 6/80 5/80 5/80 4/80 6/80 7/80 NST 5/80 3/80 5/80 5/80 12/82 9/82 12/82 10/82 12/82 (+1) (-2) (+1) (-1) (+1) 7/80 7/80 7/80 6/80 7/80 (0) (-2) (-1) (-2) (-2) (-3) (-1) (0) (-2) (0) (-1) (-11) (+1) (-2) (-9) (-1) (-4) (-6) (-6) (-5) COINCIDENT INDICATORS (0) (0) (0) (0) LAGGING INDICATORS Commercial and industrial loans outstanding in 1982 dollars Ratio, consumer installment credit to personal income Composite index of 7 lagging indicators , 7/83 (+8) 1/84 (+14) 8/83 (+9) 7/83 (+8) 10/83 (+11) 11/82 (0) 1/83 (+2) 6/83 (+7) (+19) (+27) (+12) (+16) (+15) (+27) (+15) 7/61 (+5) 4/62 (+14) 9/61 (+7) 11/65 (+57) NST 11/61 (+9) 7/61 (+5) 8/61 (+6) (+9) NOTE.—Specific peak and trough dates mark the cyclical turning points in individual series; reference peak and trough dates mark the cyclical turning points in overall business activity. For the composite indexes and their components, this table lists the specific peaks and troughs corresponding to the last seven business cycles. The leads (-) or lags (+) of the specific dates in relation to the reference dates are shown in parentheses (in months). These specific dates should not be considered absolute; individual analysts may prefer alternative turning points for some series. See Measuring Business Cycles by Arthur F. Burns and Wesley C. Mitchell (National Bureau of Economic Research, 1946) for detailed information on the selection of specific peaks and troughs. n.a. Not available. This indicates that data necessary to determine a turning point are not available. NST No specific turn. This indicates that no specific turning point corresponding to the indicated reference date is discernible. 1. This series is smoothed by an autoregressive-moving-average filter developed by Statistics Canada. October 1990 C-47 SURVEY OF CURRENT BUSINESS TITLES AND SOURCES OF SERIES Series are listed below in numerical order within each of the two major groups. Series numbers are for identification only and do not reflect relationships or order among the series. "M" following a series title indicates monthly data; "Q" indicates quarterly data. Data apply to the whole period except when indicated by "EOM" (end of month) or "EOQ" (end of quarter). To save space, the commonly used sources listed below are referred to by number: Source 1—U.S. Department of Commerce, Bureau of Economic Analysis; Source 2—U.S. Department of Commerce, Bureau of the Census; Source 3—U.S. Department of Labor, Bureau of Labor Statistics; Source A—Board of Governors of the Federal Reserve System. In parentheses following the source for each series is a reference to the C-page(s) on which that series appears. References to data tables are in roman type; references to charts are in bold-italic type. 1. Cyclical Indicators 1. Average weekly hours of production or nonsupervisory workers, manufacturing (M).—Source 3 (2,9) 5. Average weekly initial claims for unemployment insurance, State programs (M).— U.S. Department of Labor, Employment and Training Administration; seasonal adjustment by Bureau of Economic Analysis (2,9) 7. Manufacturers' new orders in 1982 dollars, durable goods industries (M).—Sources land 2 (2,75) 8. Manufacturers' new orders in 1982 dollars, consumer goods and materials industries (M).—Sources 1 and 2 (2,9) 9. Construction contracts awarded for commercial and industrial buildings, floor space (M).—McGraw-Hill Information Systems Company; seasonal adjustment by Bureau of Economic Analysis (Used by permission. This series may not be reproduced without written permission from the source.) (2,16) 10. Contracts and orders for plant and equipment in current dollars (M).—Sources 1, 2, and McGraw-Hill Information Systems Company (2) 11. Newly approved capital appropriations, 1,000 manufacturing corporations (Q).— The Conference Board (2) 12. Index of net business formation (M).—Source 1 and Dun & Bradstreet, Inc. (2,16) 13. Number of new business incorporations (M).—Dun & Bradstreet, Inc.; seasonal adjustment by Bureau of Economic Analysis (2,16) 14. Current liabilities of business failures (M).—Dun & Bradstreet, Inc. (4) 16. Corporate profits after tax in current dollars (Q).—Source 1 (3,19) 18. Corporate profits after tax in 1982 dollars (Q).—Source 1 (3,19) 19. Index of stock prices, 500 common stocks (M).—Standard & Poor's Corporation (3,5,10,24) 20. Contracts and orders for plant and equipment in 1982 dollars (M).—Sources 1, 2, and McGraw-Hill Information Systems Company (2,9) 21. Average weekly overtime hours of production or nonsupervisory workers, manufacturing (M).—Source 3 (2,13) 22. Ratio, corporate domestic profits after tax to total corporate domestic income (Q).— Source 1 (3,19) 23. Index of spot market prices, raw industrial materials (M).—Source 3 and Commodity Research Bureau, Inc. (Used by permission. From June 1981 forward, this series may not be reproduced without written permission from Commodity Research Bureau, Inc.) (3,19) 26. Ratio, implicit price deflator to unit labor cost, nonfarm business sector (Q).— Sources 1 and 3 (3,19) 27. Manufacturers' new orders in 1982 dollars, nondefense capital goods industries (M).—Sources 1 and 2 (2,16) 28. New private housing units started (M).—Source 2 (3,18) 29. Index of new private housing units authorized by local building permits (M).—Source 2(3,70) 30. Change in business inventories in 1982 dollars (Q).—Source 1 (3,18) 31. Change in manufacturing and trade inventories (M).—Sources 1 and 2 (3,18) 32. Vendor performance, slower deliveries diffusion index (M).—National Association of Purchasing Management and Purchasing Management Association of Chicago (2,9) 35. Corporate net cash flow in 1982 dollars (Q).—Source 1 (3) 37. Number of persons unemployed (M).—Source 3 (2) 39. Percent of consumer installment loans delinquent 30 days and over (EOM).— American Bankers Association (4) 40. Employees on nonagricultural payrolls, goods-producing industries (M).—Source 3 (2,13) 41. Employees on nonagricultural payrolls (M).—Source 3 (2, 77) 42. Number of persons engaged in nonagricultural activities (M).—Source 3 (2) 43. Civilian unemployment rate (M).—Source 3 (2,73) 44. Unemployment rate, persons unemployed 15 weeks and over (M).—Source 3 (2) 45. Average weekly insured unemployment rate, State programs (M).—U.S. Department of Labor, Employment and Training Administration (2) 46. Index of help-wanted advertising in newspapers (M).—The Conference Board (2,13) 47. Index of industrial production (M).—Source 4 (2,5,71,23) 48. Employee hours in nonagricultural establishments (M).—Source 3 (2,13) 49. Value of goods output in 1982 dollars (Q).—Source 1 (2) 50. Gross national product in 1982 dollars (Q).—Source 1 (2,14) 51. Personal income less transfer payments in 1982 dollars (M).—Source 1 (2,77) 52. Personal income in 1982 dollars (M).—Source 1 (2) 53. Wages and salaries in 1982 dollars, mining, manufacturing, and construction (M).— Source 1 (2,14) 57. Manufacturing and trade sales in 1982 dollars (M).—Sources 1 and 2 (2,77) 58. Index ^>f consumer sentiment (Q,M).—University of Michigan, Survey Research Center (Used by permission. This series may not be reproduced without written permission from the source.) (2) 59. Sales of retail stores in 1982 dollars (M).—Sources 1 and 2 (2,75) 60. Ratio, help-wanted advertising in newspapers to number of persons unemployed (M).—Sources 1, 3, and The Conference Board (2) 61. New plant and equipment expenditures by business in current dollars (Q).—Source 2(3) 62. Change in index of labor cost per unit of output, manufacturing, smoothed (M).— Sources 1 and 4 (3,72) 63. Index of unit labor cost, business sector (Q).—Source 3 (3) 66. Consumer installment credit outstanding (EOM).—Source 4 (4) 69. Manufacturers' machinery and equipment expenditures (M).—Source 2 (3,77) sales and business construction 70. Manufacturing and trade inventories in 1982 dollars (EOM).—Sources 1 and 2 (3) 72. Commercial and industrial loans outstanding in current dollars (M).—Sources 1, 4, and The Federal Reserve Bank of New York (4) 73. Index of industrial production, durable manufactures (M).—Source 4 (2,14) 74. Index of industrial production, nondurable manufactures (M).—Source 4 (2,14) 75. Index of industrial production, consumer goods (M).—Source 4 (2,75) 76. Index of industrial production, business equipment (M).—Source 4 (3,77) 77. Ratio, manufacturing and trade inventories to sales in 1982 dollars (M).—Sources land 2 (3,72) 81. Ratio, corporate domestic profits after tax with inventory valuation and capital consumption adjustments to total corporate domestic income (Q).—Source 1 (3,7P) 82. Capacity utilization rate, manufacturing (M).—Source 4 (2,14) 83. Index of consumer expectations (Q,M).—University of Michigan, Survey Research Center (Used by permission. This series may not be reproduced without written permission from the source.) (2,70) 85. Change in money supply Ml (M).—Source 4 (3,20) 86. Gross private nonresidential fixed investment in 1982 dollars (Q).—Source 1 (3,77) 87. Gross private nonresidential fixed investment in 1982 dollars, structures Source 1 (3,77) (Q).— 88. Gross private nonresidential fixed investment in 1982 dollars, producers' durable equipment (Q).—Source 1 (3,77) 89. Gross private residential fixed investment in 1982 dollars (Q).—Source 1 (3,18) 90. Ratio, civilian employment to population of working age (M).—Sources 1 and 3 (2,73) 91. Average duration of unemployment in weeks (M).—Source 3 (2,72) 92. Change in manufacturers' unfilled orders in 1982 dollars, durable goods industries, smoothed (M).—Sources 1, 2, and 3 (2,70) 93. Free reserves (M).—Source 4 (4) 94. Member bank borrowings from the Federal Reserve (M).—Source 4 (4) 95. Ratio, consumer installment credit outstanding to personal income (M).—Sources 1 and 4 (4,72) 97. Backlog of capital appropriations, 1,000 manufacturing corporations (EOQ).—The Conference Board (2) 98. Index of producer prices for sensitive crude and intermediate materials (M).— Sources 1 and 3 (3) 99. Change in sensitive materials prices, smoothed (M).—Sources 1, 3, and Commodity Research Bureau, Inc. (3,70) C-48 SURVEY OF CURRENT BUSINESS 100. New plant and equipment expenditures by business in 1982 dollars (Q).—Source 2 (3,/7) 101. Commercial and industrial loans outstanding in 1982 dollars (M).—Sources 1, 4, and The Federal Reserve Bank of New York (4,72) 102. Change in money supply M2 (M).—Source 4 (3,20) 105. Money supply Ml in 1982 dollars (M).—Sources 1 and 4 (3) 106. Money supply M2 in 1982 dollars (M).—Sources 1 and 4 (3,10) 107. Ratio, gross national product to money supply Ml (Q).—-Sources 1 and 4 (4) 108. Ratio, personal income to money supply M2 (M).—Sources 1 and 4 (4) 109. Average prime rate charged by banks (M).—Source 4 (4,72) 110. Funds raised by private nonfinancial borrowers in credit markets (Q).—Source 4 (4,20) 111. Change in business and consumer credit outstanding (M).—Sources 1, 4, Federal Home Loan Bank Board, and The Federal Reserve Bank of New York (4) 112. Net change in business loans (M).—Sources 1, 4, and The Federal Reserve Bank of New York (4,20) 113. Net change in consumer installment credit (M).—Source 4 (4,20) 114. Discount rate on new issues of 91-day Treasury bills (M).—Source 4 (4,27) 115. Yield on long-term Treasury bonds (M).—U.S. Department of the Treasury (4,27) 116. Yield on new issues of high-grade corporate bonds (M).—Citibank and U.S. Department of the Treasury (4,27) 117. Yield on municipal bonds, 20-bond average (M).—The Bond Buyer (4) 118. Secondary market yields on FHA mortgages (M).—U.S. Department of Housing and Urban Development, Federal Housing Administration (4) 119. Federal funds rate (M).—Source 4 (4,27) 120. Change in Consumer Price Index for services, smoothed (M).—Sources 1 and 2 (3,72) 122. Index of consumer confidence (M).—The Conference Board (2) 123. Index of consumer expectations (M).—The Conference Board (2,75) 124. Capacity utilization rate, total industry (M).—Source 4 (2) 910. Composite index of 11 leading indicators (includes series 1, 5, 8, 19, 20, 29, 32, 83, 92, 99, 106) (M).—Source 1 (1,7,5) 920. Composite index of 4 coincident indicators (includes series 41,47,51,57) (M).—Source 1(1,7,5) 930. Composite index of 7 lagging indicators (includes series 62,77, 91, 95,101,109,120) (M).—Source 1 (1,7,5) 940. Ratio, coincident composite index (series 920) to lagging composite index (series 930) (M).—Source 1 (1,7) 950. Diffusion index of 11 leading indicator components (M).—Source 1 (1,5) 951. Diffusion index of 4 coincident indicator components (M).—Source 1 (1,5) 952. Diffusion index of 7 lagging indicator components (M).—Source 1 (1,5) 963. Diffusion index of employees on private nonagricultural payrolls, 349 industries (M).—Source 3 (2) 990. CIBCR long-leading composite index (M).—Columbia University, Center for International Business Cycle Research (4,27) 991. CIBCR short-leading composite index (M).—Columbia University, Center for International Business Cycle Research (4,27) 2. Other Important Economic Measures 290. Gross saving (Q).—Source 1 (4) 292. 293. 295. 298. Personal saving (Q).—Source 1 (4) Personal saving rate (Q).—Source 1 (4,22) Business saving (Q).—Source 1 (4) Government surplus or deficit (Q).—Source 1 (4,22) 310. 311. 320. 323. Implicit price deflator for gross national product (Q).—Source 1 (4) Fixed-weighted price index, gross domestic business product (Q).—Source 1 (4,22) Consumer Price Index for all urban consumers, all items (M).—Source 3 (4,5,22,23) Consumer Price Index for all urban consumers, all items less food and energy (M).— Source 3 (4,22) Producer Price Index, crude materials for further processing (M).—Source 3 (4,22) Producer Price Index, intermediate materials, supplies, and components (M).— Source 3 (4,22) Producer Price Index, capital equipment (M).—Source 3 (4,22) Producer Price Index, finished consumer goods (M).—Source 3 (4,22) Producer Price Index, finished goods (M).—Source 3 (4,22) Producer Price Index, finished goods less foods and energy (M).—Source 3 (4,22) Index of average hourly compensation, all employees, nonfarm business sector (Q).— Source 3 (5) Index of real average hourly compensation, all employees, nonfarm business sector (Q).—Source 3 (5) Index of output per hour, all persons, nonfarm business sector (Q).—Source 3 (5) Index of output per hour, all persons, business sector (Q).—Source 3 (5,22) 331. 332. 333. 334. 336. 337. 345. 346. 358. 370. 441. 442. 451. 452. 453. October 1990 Civilian labor force (M).—Source 3 (5) Civilian employment (M).—Source 3 (5) Civilian labor force participation rate, males 20 years and over (M).—Source 3 (5) Civilian labor force participation rate, females 20 years and over (M).—Source 3 (5) Civilian labor force participation rate, both sexes 16-19 years of age (M)—Source 3(5) 517. Defense Department gross obligations incurred (M).—U.S. Department of Defense, Office of the Assistant Secretary of Defense (Comptroller), Directorate for Program and Financial Control; seasonal adjustment by Bureau of Economic Analysis (5) 525. Defense Department prime contract awards for work performed in the United States (M).—U.S. Department of Defense, Office of the Assistant Secretary of Defense (Comptroller), Washington Headquarters Services, Directorate for Information Operations and Reports; seasonal adjustment by Bureau of Economic Analysis (5) 543. Defense Department gross unpaid obligations outstanding (EOM).—U.S. Department of Defense, Office of the Assistant Secretary of Defense (Comptroller), Directorate for Program and Financial Control; seasonal adjustment by Bureau of Economic Analysis (5) 548. Manufacturers' new orders, defense products (M).—Source 2 (5) 557. Index of industrial production, defense and space equipment (M).—-Source 4 (5) 564. Federal Government purchases of goods and services, national defense (Q).—Source 1 (5,22) 570. Employment, defense products industries (M).—Source 3; seasonal adjustment by Bureau of Economic Analysis (5) 602. Exports, excluding military aid shipments (M).—Source 2 (5) 604. Exports of domestic agricultural products (M).—Source 2; seasonal adjustment by Bureau of Economic Analysis (5) 606. Exports of nonelectrical machinery (M).—Source 2; seasonal adjustment by Bureau of Economic Analysis (5) 612. General imports (M).—Source 2 (5) 614. Imports of petroleum and petroleum products (M).—Source 2; seasonal adjustment by Bureau of Economic Analysis (5) 616. Imports of automobiles and parts (M).—Source 2; seasonal adjustment by Bureau of Economic Analysis (5) 618. Merchandise exports, adjusted, excluding military (Q).—Source 1 (5,22) 620. Merchandise imports, adjusted, excluding military (Q).—Source 1 (5,22) 622. Balance on merchandise trade (Q).—Source 1 (5) 721. Organisation for Economic Co-operation and Development, European countries, index of industrial production (M).—Organisation for Economic Co-operation and Development (Paris) (5,23) 722. United Kingdom, index of industrial production (M).—Central Statistical Office (London) (5,23) 723. Canada, index of industrial production (M).—Statistics Canada (Ottawa) (5,23) 725. Federal Republic of Germany, index of industrial production (M).—Statistisches Bundesamt (Wiesbaden) (5,23) 726. France, index of industrial production (M).—Institut National de la Statistique et des Etudes Economiques (Paris) (5,23) 727. Italy, index of industrial production (M).—Istituto Centrale di Statistica (Rome) (5,23) 728. Japan, index of industrial production (M).—Ministry of International Trade and Industry (Tokyo) (5,23) 732. United Kingdom, consumer price index (M).—Department of Employment (London); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 733. Canada, consumer price index (M).—Statistics Canada (Ottawa); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 735. Federal Republic of Germany, consumer price index (M).—Statistisches Bundesamt (Wiesbaden); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 736. France, consumer price index (M).—Institut National de la Statistique et des Etudes Economiques (Paris); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 737. Italy, consumer price index (M).—Istituto Centrale di Statistica (Rome); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 738. Japan, consumer price index (M).—Bureau of Statistics, Office of the Prime Minister (Tokyo); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 742. United Kingdom, index of stock prices (M).—Central Statistical Office (London) (5,24) 743. Canada, index of stock prices (M).—Toronto Stock Exchange (Toronto) (5,24) 745. Federal Republic of Germany, index of stock prices (M).—Statistisches Bundesamt (Wiesbaden) (5,24) 746. France, index of stock prices (M).—Institut National de la Statistique et des Etudes Economiques (Paris) (5,24) 747. Italy, index of stock prices (M).—Banca d'ltalia (Rome) (5,24) 748. Japan, index of stock prices (M).—Bank of Japan (Tokyo) (5,24) 750. Index of weighted-average exchange value of U.S. dollar against currencies of 10 industrial countries (M).—Source 4 (5,24) 752. United Kingdom, exchange rate per U.S. dollar (M).—Source 4 (5,24) 753. Canada, exchange rate per U.S. dollar (M).—Source 4 (5,24) 755. Federal Republic of Germany, exchange rate per U.S. dollar (M).—Source 4 (5,24) 756. France, exchange rate per U.S. dollar (M).—Source 4 (5,24) 757. Italy, exchange rate per U.S. dollar (M).—Source 4 (5,24) 758. Japan, exchange rate per U.S. dollar (M).—Source 4 (5,24) CURRENT BUSINESS STATISTICS Series originating in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are provided through the courtesy of the compilers and are subject to their copyrights. Current data for the series shown in the S-pages are available on diskette on a subscription basis or from the Commerce Department's Economic Bulletin Board. Historical data, data sources, and methodological notes for each series are published in BUSINESS STATISTICS, 1961-88. For more information, write to Business Statistics Branch, Current Business Analysis Division (BE-53), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. NOTE.—This section of the SURVEY is prepared by the Business Statistics Branch. Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 fl Annual .. 1990 1989 1989 1988 Sept. Aug. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May July June Aug. Sept. GENERAL BUSINESS INDICATORS PERSONAL INCOME BY SOURCE t Seasonally adjusted, at annual rates: Total personal income . . . bil $ Wage and salary disbursements, total do ... Commodity-producing industries, total . do Manufacturing do Distributive industries do... Service industries do .. Govt. and govt. enterprises do... Other labor income do Proprietors' income: $ Farm do Nonfarm do ... Rental income of persons with capital consumption adjustment bil $ Dividends do... Personal interest income doTransfer payments ..do... Less: Personal contributions for social insurance do ... Total nonfarm income do... DISPOSITION OF PERSONAL INCOME t Seasonally adjusted, at annual rates: Total personal income .bil. $.. Less: Personal tax and nontax payments do Equals: Disposable personal income do.... Less: Personal outlays do.... Personal consumption expenditures do .... Durable goods do Nondurable goods do Services do .... Interest paid by consumers to business do Personal transfer payments to foreigners (net) do Equals: personal saving . do Personal saving as percentage of disposable personal income § percent Disposable personal income in constant (1982) dollars bil. $.. Personal consumption expenditures in constant (1982) dollars do.... Durable goods do Nondurable goods do Services do Implicit price deflator for personal consumption expenditures index, 1982—100 .... 40708 43843 43987 4 411 6 44410 44700 44967 45322 45616 45947 4 604 5 46214 2,431.1 2,573.2 2,578.1 2,593.9 2,611.4 2,603.8 2,623.0 2,633.3 2,652.2 2,669.2 2,682.4 2,695.5 6964 5240 572.0 7206 7234 7189 7260 544 1 5379 7207 5400 7181 5418 7246 5447 600.7 7714 8217 8271 2419 774.1 479.9 2435 8179 476.6 619.2 7943 4888 2489 7323 5488 635.6 446.6 2255 612.1 7860 4868 2475 7297 5458 630.9 8090 4996 2540 7252 5439 636.7 7162 612.5 7896 4846 246 1 5364 623.5 7974 4943 5414 604.7 7227 5432 609.4 7797 5026 2552 5059 2564 5086 2576 437 310.5 486 330 1 388 378 464 329.6 456 331.9 452 329.8 337.4 338.7 518 351.3 461 351.8 r 74 117.4 661.2 650.8 96 118.4 101 118.9 665.0 658.4 , 668.5 658.6 49 123.4 681.5 691.4 r 482.1 2448 2516 626.6 8023 4973 2528 556 655 55.0 347.0 349.4 349.2 77 119.7 45 120.6 42 123.0 670.5 679.6 43 121.3 671.4 683.4 38 122.3 669.5 679.8 674.5 683.5 677.9 685.3 2214 51 1 343.3 46407 '4 663 2 '4 673 0 46968 2,711.1 '2,727.1 '2,727.7 2,745.1 r 7358 5516 7355 '7343 '551 9 '551 2 643.6 8387 5093 2588 '639.1 '8434 r 639.6 7355 5506 644.5 8516 513 5 261 2 5110 2600 '457 '429 399 353.3 '355.3 356.9 163 102.2 82 114.4 87 115.9 0 116.3 547.9 587.7 643.2 636.9 655.3 657.6 642.1 646.1 194.1 4,006.0 212.8 4,314.6 213.4 4,338.9 214.5 4,352.7 2159 2153 2163 4,374.4 4,403 6 4,429 2 2239 44599 44849 2238 45081 45282 2239 45483 2271 2282 2281 45732 '45960 '4 608 7 2294 46354 4,070.8 4,384.3 4,398.7 4,411.6 4,441.0 4,470.0 4,496.7 4,532.2 4,561.6 4,594.7 4,604.5 4,621.4 4,640.7 '4,663.2 '4,673.0 4,696.8 5916 6588 3,725.5 3,553.7 6576 3,741.0 3,597.8 3,493 1 4977 6626 3,749.0 3,599.6 3,494 4 4849 6680 3,772.9 3,605.0 34990 6679 3,802.1 3,618.1 6710 6788 3,915.9 3,706.9 35985 4824 6934 3,911.2 3,714.6 36069 4806 6980 3,923.3 3,716.2 36081 4729 1 1349 1,860.5 1 1412 1,868.3 35112 4707 1 1483 1,892.3 3,861.2 3,687.3 35791 5066 6756 3,886.1 3,695.0 35865 4873 6980 3,942.6 3,761.1 36532 4731 1 1408 1,885.1 6729 3,823.9 3,653.4 35454 4700 1 1573 1,918.1 11633 1,909.2 1 1822 1,917.1 1 1786 1,937.5 11743 1,952.0 1 1742 1,961.0 1073 1076 3,479.2 3,333.6 3,238 2 4575 1 0600 1,720.7 3 450.1 4746 1 1300 1,845.5 2212 936 1022 1035 1040 1048 1056 1068 1072 1075 1075 19 145 6 14 1718 12 143 2 12 1494 12 1679 12 1840 12 1705 9 9 9 2090 1739 191 1 42 46 41 41 44 46 46 46 49 2,800.5 2,869.0 2,875.5 2,873.4 2,872.9 2,882.9 2,893.7 2,893.1 2,900.9 2,908.7 2,606.5 2,678.2 4365 9255 2,664.3 4256 2,662.4 4226 2,682.9 9215 1 3184 9283 13337 9128 13188 2,677.3 4335 9206 1 3232 2,672.9 4210 2,681.8 4502 '57 124.3 125.0 88 125.3 684.3 r 692.1 '686.6 '695.4 688.3 700.6 r 7047 '708 1 3,958.5 '3,964.9 r 3,782.4 '3,802.6 r r 3 673 9 '3 694 1 3 733 9 r 481 7 '476 5 487 2 4858 1 1884 1 192 1'1 202 6 1 213 6 1,983.1 '1,996.1 '2,014.9 2,033.1 107 5 107 8 '107 8 108 0 176 1 '162 3 139 9 '4 4 40 7 4 1965 207 2 181 5 52 50 48 2,901.0 2,900.4 2,907.1 2,675.3 4286 429 1 9099 9133 1 330 5 1 3369 2,667.4 2,693.6 '2,702.2 '2,698.9 430 1 r432 8 '424 5 51 7143 3,982.5 3,842.6 r 2,911.5 '2,896.8 2,887.1 4182 2,656.8 4280 9094 12789 9199 2,685.0 4468 9245 13090 13136 1 3162 9193 13193 1242 1299 1301 1305 1313 1319 1321 1335 1340 1346 1348 1353 1356 136 0 '136 9 1054 108 1 110 5 1109 109 2 1077 1068 1060 1090 108 6 107 6 107 7 111 9 '108 8 ri 19 o do do do do do 1018 1044 1058 107 6 1036 1005 1070 1089 1109 1064 1002 1046 1120 1122 1117 1008 1000 1128 1138 1117 1018 953 1112 111 6 1107 1038 1022 1086 1101 1066 101 5 1263 1055 1082 1021 1024 1282 1044 1061 1022 1031 1200 1086 1109 1057 1021 1097 1092 1126 1049 1024 101 5 1087 111 0 1057 1005 939 109 6 1124 106 1 101 1 1037 113 6 1158 1109 '995 '108 3 '1097 110 1 109 1 '101 0 '109 8 '114 1 '114 4 113 7 do 1054 1081 1082 1082 1077 1081 1086 1075 1085 1089 1088 1094 110 1 110 3 '110 4 P . do do do 1053 1056 1040 1086 1091 1067 1085 1091 1056 1088 1096 1063 1081 1085 1073 1089 1094 1074 1097 1103 1083 1084 1085 1060 1094 1097 1070 110 1 1107 1075 1098 1104 1072 1105 111 2 1074 1109 111 7 1078 '1108 111 5 '107 3 '110 9 111 7 '107 8 p 421 6 9092 1 3366 2,706.9 4327 '9169 914 5 '916 6 911 5 1 349 1 '1 352 5 '1 357 8 1 362 8 137 9 INDUSTRIAL PRODUCTION <> Federal Reserve Board Index of Quantity Output Not Seasonally Adjusted Total index By industry groups: Mining Utilities Manufacturing Durable Nondurable 1987 100 P 101 4 #106 ^ P 115 2 P 116 0 P 114 2 Seasonally Adjusted Total index By market groups: Products, total Final products Consumer goods 110 7 P lll 5 112 6 "109 1 See footnotes at end of tables. S-l S-2 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual IT .. units 1988 October 1990 1990 1989 1989 Aug. Sept. Get. Nov. Dec. Jan. Feb. Mar. Apr. May July June Aug. Sept GENERAL BUSINESS INDICATORS—Continued INDUSTRIAL PRODUCTION <>—Continued Seasonally Adjusted— Continued By market groups—Continued Final products—Continued Consumer goods—Continued Durable 1987 — 100 Automotive products do .... Autos and trucks do .... Other durable goods do..,, Nondurable do Foods and tobacco do — Clothing . do Chemical products do.... Paper products do.... Energy products do Equipment, total do .... Business equipment do .... Information processing and related do .... Office and computing machines do .... Industrial do .... Transit do .. Autos and trucks do .. Defense and space equipment do.... Oil and gas well drilling do.... Manufactured homes do .... Intermediate products do Construction supplies do Business supplies do Materials .. .. do Durable do . Nondurable do .. Energy do ... By industry groups: Mining do Metal mining do ... Coal do .. Oil and gas extraction # do ... Crude oil do ... Natural gas do ... Stone and earth minerals do ... Utilities do Electric do Gas . do Manufacturing ; do . . Durable do ... Lumber and products do ... Furniture and fixtures do Clay, glass, and stone products do ... Primary metals do ... Iron and steel do Nonferrous do Fabricated metal products do Nonelectrical machinery do ... Electrical machinery . . . . . . do . Transportation equipment do ... Motor vehicles and parts do ... Instruments do Nondurable do Foods do Tobacco products . do Textile mill products do.. Apparel products do ... Paper and products do ... Printing and publishing do ... Chemicals and products do ... Rubber and plastics products Leather and products do ... do ... 1093 107.0 105.6 111.1 1069 105.2 964 113.0 118.6 104.1 116.2 123.5 1121 112.2 112.9 112.0 1066 104.4 r 957 112.8 118.3 1053 116.8 124.4 1085 106.7 104.8 110.0 1070 104.5 r 958 112.5 119.7 106.8 116.9 124.6 108 0 104.5 101.5 110.8 1077 105.2 960 114.1 119.1 108.4 116.7 124.8 p 126.0 126.4 126.6 126.3 127.5 128.6 "128.7 147.2 113.9 1306 1045 97.5 106.0 92.9 1082 1073 1089 1071 1109 1052 102.0 149.3 114.2 126.2 95.2 97.3 114.3 89.7 1080 1064 1091 107.3 110.9 106.1 101.8 148.9 115.8 132.5 105.7 97.6 118.6 91.3 1083 1055 1102 107.7 112.5 105.2 101.1 150.6 116.0 137.4 112.2 r 97.6 119.5 92.8 1083 1060 1098 108.8 113.8 106.1 102.1 152.6 117.1 133.8 103.0 '97.9 116.2 90.0 1085 1064 1100 109.5 114.1 107.7 102.9 154.5 117.7 132.0 100.9 97.4 106.9 r 93.4 1084 1059 1101 109.7 115.1 106.6 102.5 "154.1 "117.1 "138.3 "113.7 "97.0 "107.4 "91.9 "1079 "1049 "1100 "109.4 "114.4 "106.2 "103.2 1011 141.4 112.9 94.6 88.7 101.1 116.5 1062 1097 933 1098 111.9 105.0 1059 107.7 105.4 1061 1043 1055 125.2 1123 107.9 103.5 1157 1075 1071 1000 99.8 99.8 102.8 111.4 109.5 109] 109.8 103.3 102.9 152.7 114.2 95.7 87.8 104.5 120.2 106.7 109.7 95.5 109.5 111.1 103.3 1076 105.1 106.4 1067 1059 1050 125.7 1113 105.1 95.8 1158 107 5 1070 98.8 100.9 98.7 105.3 112.0 110.3 1068 109.0 102.6 102.2 148.7 110.0 96.0 86.5 106.3 119.9 1071 110.3 95.2 110.3 112.6 101.7 1080 106.4 106.2 1055 1071 1071 126.9 112.4 109.0 104.0 1165 107^ 106.8 97.2 102.7 99.2 104.0 112.8 109.2 1046 110.9 103.5 102.2 156.7 113.5 '94.6 r 83.8 106.4 121.1 1097 1131 r 974 r 110.8 113.4 102.0 1087 106.1 109.5 1103 1083 1067 127.5 112.8 111.0 108.0 1150 1076 106.1 95.6 103.6 99.3 104.2 112.0 110.3 1065 112.8 102.0 103.5 163.7 118.5 94.8 r 84.8 107.1 122.0 1094 1121 r 991 111.0 113.2 102.1 1094 105.6 110.2 1106 1097 1079 128.3 1121 108.9 102.7 1161 1081 106.4 r 97.8 102.8 r 99.3 107.8 111.8 110.5 1105 112.3 103.2 101.8 162.1 110.2 r 94.5 86.3 105.4 120.3 1108 113.8 r 99.9 111.2 113.6 101.5 1088 106.5 114.3 1176 1096 1082 129.2 112.4 107.6 100.9 1171 108] 107.0 r 95.4 101.8 99.3 105.5 111.6 111.2 1096 112.5 104.8 "102.1 "160.6 "113.3 "94.4 1079 106.9 105.7 108.8 1064 104.2 1016 109.5 114.3 1067 112.3 119.1 1058 1032 101.1 107.9 1056 103.3 1003 110.1 114.1 1047 113.6 120.4 1076 104.9 103.1 109.8 1060 103.7 1016 107.8 116.2 1060 113.8 120.7 1068 1029 99.7 109.8 1074 105.6 1019 110.3 117.2 1060 110.1 116.0 1057 102.4 98.4 108.4 1078 105.8 1001 111.3 118.1 1080 112.0 118.7 1068 104.5 100.1 108.6 1087 106.4 994 110.3 116.9 1152 112.9 119.9 994 852 66.3 110.6 1078 105.5 1006 112.7 116.2 1079 111.8 118.0 1062 993 92.7 111.6 1072 106.2 996 112.0 117.6 1015 113.3 120.1 1108 109.3 107.7 112.0 1066 105.8 970 111.0 116.4 1031 114.9 122.2 112.6 121.7 122.0 123.7 119.9 123.5 124.0 124.0 124.7 121.1 109.8 1144 1049 98.0 100.0 97.8 1044 1044 1044 1056 1090 1030 101.8 137.2 113.8 1238 1039 97.4 93.7 92.3 1068 1061 1073 1074 1116 105.3 101.3 139.3 113.8 1284 1016 98.9 95.3 89.5 1064 1055 1069 1078 1120 105.7 101.7 141.8 113.8 1270 103.1 98.9 97.3 87.5 1063 1052 1070 1074 112.0 104.2 101.6 132.8 112.4 112.9 976 96.6 97.3 87.9 1069 1063 1073 1071 1108 106.1 101.3 141.0 113.4 1170 980 96.7 99.9 89.4 1073 1070 1075 1070 1108 104.9 101.9 142.7 112.8 123.4 976 96.6 100.3 91.6 1079 1074 1082 1069 1104 104.3 102.7 142.7 113.5 111.4 69.6 97.5 98.3 91.6 1080 1079 1080 1062 109.4 105.4 101.2 144.3 113.4 1227 917 97.6 100.1 94.3 1084 1082 1085 1071 1108 105.8 101.7 1018 122.7 1050 99.4 97.3 102.5 106.8 1044 1046 1039 105.8 107.6 104.6 1036 106.4 110.3 1138 1054 1062 113.8 1065 105.0 105.5 1101 1031 1028 101.4 99.8 102.2 102.9 103.6 105.4 1034 105.9 99.6 1005 141.4 105.7 95.5 91.4 102.7 113.9 1070 1081 1030 108.9 110.9 103.1 1053 108.0 109.2 1093 1090 1072 121.8 109.5 107.2 104.9 1164 106^ 1055 99.6 101.9 104.3 103.2 108.5 108.5 1061 108.9 103.7 1007 144.3 1031 96.3 92.6 102.9 113.3 1062 1081 992 109.1 111.3 102.4 1045 107.8 111.7 1098 1140 1065 121.8 1106 107.8 102.7 1164 1065 1048 95.0 101.5 104.7 103.0 107.8 109.6 1070 109.0 103.2 1016 145.4 109.6 95.9 91.3 102.7 114.1 1059 1071 1010 109.1 111.5 102.6 1057 106.5 109.9 1097 1098 1060 123.4 1108 108.0 103.2 1162 106 < 1054 933 101.5 104.5 102.2 109.4 107.5 1087 108.5 103.5 1007 143.2 109.9 94.3 89.6 102.0 118.0 1074 1097 991 108.4 109.4 103.2 1056 107.7 108.6 1092 1076 1059 119.0 1102 102.1 99.7 1161 1072 1068 997 101.9 103.9 105.3 109.3 109.4 1069 108.8 102.2 1012 145.9 108.1 95.5 90.5 104.2 115.8 1083 1095 1039 108.9 110.1 104.8 1044 108.2 104.8 1041 1058 1069 122.9 1101 102.8 99.0 1156 1071 1074 988 99.3 103.7 104.1 109.6 109.8 1093 109.1 99.4 1001 155.5 1035 94.0 89.6 102.0 119.7 1161 1163 1156 108.8 110.4 106.4 1051 108.6 102.6 1003 1058 1063 123.8 1101 104.4 98.7 1148 1061 1080 985 99.8 102.6 103.4 109.6 107.6 1043 110.1 103.0 1017 144.8 114.1 94.4 88.2 101.3 121.2 1068 1083 1012 108.1 108.6 106.0 1051 110.0 105.0 1046 1056 1051 123.7 1101 94.7 76.8 1160 1075 1068 1013 100.6 102.4 103.8 110.7 109.9 1086 110.7 104.3 1010 143.4 111.9 94.1 87.7 103.0 120.0 1040 1071 923 109.6 110.7 104.3 1048 108.0 107.9 1106 1040 1056 124.2 1110 103.5 94.1 1162 1081 1074 1023 103.0 102.1 105.0 112.1 110.5 1120 109.1 102.9 536,419 530,160 549,506 485,961 499,778 556,432 529,982 554,599 527,595 233,562 124393 109,169 147 052 r 55,310 r 91,742 146,981 72,388 74593 525,160 281,995 121840 110,155 145,244 53,627 91,617 147,921 13,048 74,873 521,948 232,826 123,209 109,617 146340 53,768 92,572 148J82 73,970 74,812 526391 231,003 121998 109,005 145804 52,683 93121 149,584 73,180 76404 528,549 226,704 116 716 109,988 149 877 56,217 93660 151968 76,653 75315 535,996 234,472 123,224 111,248 149904 55,037 94867 151,620 77,018 74602 538984 237,299 125 089 112,210 149 302 54,663 94639 152 383 77,612 74771 533,603 234,259 122 031 112,228 147 886 53,620 94266 151 458 76,522 74936 538,946 238,863 126 507 112,356 147 781 53,525 94256 152,302 77,766 74536 542,441 239,460 127 283 112,177 149 432 53,841 95591 153,549 78,002 75547 540,368 237,834 125 090 112,744 150 201 '54,200 r 96 001 152 333 r 76,687 r 75 646 551,862 245,863 129 029 116,834 149 643 52,839 96804 156 356 77,193 79163 4854 226.2 128.6 130.6 [ 4811 2238 126.E 130.9 4827 2244 1268 131.6 4817 2231 1262 132.4 4776 2177 1279 132.0 4837 2246 1275 131.7 4866 2276 1266 132.5 4821 2246 1255 132.0 4865 2281 1252 133.1 4895 2292 1262 134.2 r 4865 r 4925 2321 1254 135.1 BUSINESS SALES Mfg. and trade sales (unadj.), total mil. $ . 5,883,709 6,263,424 538,787 Mfg. and trade sales (seas, adj.), r total do... 1 5,883,709 '6,263,424 531,579 Manufacturing, total do... 1 2,611,589 1 2,781,576 238,150 1 388 211 1 471 549 128347 Durable goods industries do Nondurable goods industries do ... 1,223,378 1,310,027 109,803 1 731 1,650 005 1 1733,654 r!46 Retail trade, total . do 627,370 645,524 r55,606 Durable goods stores do ... Nondurable goods stores do ... 1,022,635 1,088,130 r91,125 Merchant wholesalers, total do ... 1 1,622,115 1 1,748,194 146,698 795,372 859,960 •72,836 Durable goods establishments do ... 826 743 888234 •73862 Nondurable goods establishments do Mfg. and trade sales in constant (1982) 489.3 dollars (seas adj.), total bil. $ . Manufacturing do ... 230.1 128.5 Retail trade do... 130.8 Merchant wholesalers do... See footnotes at end of tables. 1073 102.4 95.8 111.2 1071 105.6 960 113.5 118.1 104.1 114.7 121.6 1049 1059 105.3 104.1 1037 102.2 101 1 107.5 105.8 1045 107.6 111.8 537,166 r 562,905 r512,842 561,098 r r 2270 1268 132.7 lll 5 "112.5 "115.2 "110.8 "1085 P 105.8 "95.7 P 115.3 "120.7 "109.1 "117.1 "125.6 "120.5 "1118 "1149 "1005 "111.4 "113.8 "99.4 "1069 "105.9 "112.5 "1153 "1086 "1073 "128.6 "112.5 "110.7 "108.5 "1176 "1083 "107.8 "94.0 "101.2 "99.0 "105.0 "111.5 "112.0 "1105 "112.7 "103.3 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 S-3 SURVEY OF CURRENT BUSINESS October 1990 1989 Annual .. 1T un 1988 1989 Sept. Aug. 1990 Nov. Oct. Dec. Jan. Mar. Feb. Apr. May June July Aug. Sept. GENERAL BUSINESS INDICATORS—Continued BUSINESS INVENTORIES Mfg. and trade inventories, book value (non-LIFO basis), end of period, (unadjusted), total mil. $.. Mfg. and trade inventories, book value (non-LIFO basis), end of period, (seas, adj.), total .... mil $ Manufacturing, total do.... Durable goods industries.... do.... Nondurable goods industries do .... Retail trade, total do .... Durable goods stores do .... Nondurable goods stores do.... Merchant wholesalers total do Durable goods establishments do . . . . Nondurable goods establishments do .... Mfg. and trade inventories in constant (1982) dollars, end of period(seas adj) total. . bil. $. Manufacturing do Retail trade do Merchant wholesalers . do 743,191 784,384 783,810 786,474 805,456 811,676 784,384 789,371 793,733 796,483 800,989 802,482 793,798 r799,073 799,540 753,299 792,119 370,890 245,621 125,269 236,131 121,048 115,083 794,757 371,712 246,427 125,285 234,942 118,450 116,492 798,104 797,202 374,126 248,273 125,853 233,701 114,194 119,507 794,016 373,169 247,095 126,074 232,000 113,552 118,448 793,669 796,050 371,746 372,300 245,435 246,609 126,311 125,691 232,562 232,847 113,951 113,730 118,611 119,117 800,399 372,384 246,530 125,854 234,814 114,870 119,944 370,693 244,902 125,791 234,517 115,128 119,389 373,285 246,456 126,829 r 236,400 r 116,207 120,193 806,484 373,932 246,467 127,465 239,547 119,355 120,192 180 313 117,314 62,999 188 819 185 944 123,954 123,053 64,865 '62,891 185 098 122,148 62,950 188 103 123,716 64,387 795,415 371,082 246,222 124,860 235,514 117,169 118,345 188,819 123,954 64,865 796,469 r802,151 220,510 114,248 106,262 795,415 r791,363 371,082 371,489 246,222 246,378 124,860 125,111 235,514 r233,930 117,169 119,251 118,345 114,679 189 375 125,510 63,865 188 847 125,685 63,162 124,901 64,460 190 903 125,781 65,122 193 201 126,998 66,203 191 259 192 466 126,061 126,786 65,198 r65,680 128,252 64,753 699.8 336.0 698.0 335.0 702.2 335.0 699.5 336.0 695.2 335.2 6953 3340 6973 3345 7000 3349 6969 3334 r 333.6 7004 3352 6996 3346 196.2 166.8 198.2 169.0 705.1 335.7 199.8 169.6 7016 196.0 167.8 199.3 168.7 195.0 168.5 191.8 168.2 192.9 168.4 193.2 169.6 1946 170.6 1948 168.7 1955 1697 195.1 169.9 146 152 191 .52 91 49 354,163 233,666 120,497 BUSINESS INVENTORY-SALES RATIOS Manufacturing and trade, total .... ratio Manufacturing, total ...do... Durable goods industries do..., Materials and supplies do..., Work in process do Finished goods do Nondurable goods industries do Materials and supplies . do Work in process ... do Finished goods .do Retail trade, total do... Durable goods stores do ... Nondurable goods stores do ... Merchant wholesalers, total do ... Durable goods establishments do ... Nondurable goods establishments do ... Manufacturing and trade in constant (1982) dollars, total . do Manufacturing do Retail trade do Merchant wholesalers do MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS Shipments (not seas adj ) total mil $ Durable goods industries, total Stone, clay, and glass products Primary metals Blast furnaces, steel mills Fabricated metal products Machinery, except electrical Electrical machinery Transportation equipment Motor vehicles and parts... Instruments and related products Nondurable goods industries, total Food and kindred products Tobacco products Textile mill products Paper and allied products Chemical and allied products Petroleum and coal products Rubber and plastics products Shipments (seas, adj.), total By industry group: Durable goods industries total # Stone, clay, and glass products Primary metals Blast furnaces, steel mills Fabricated metal products Machinery except electrical Electrical machinery Transportation equipment ... Motor vehicles and parts. Instruments and related products Nondurable goods industries total # Food and kindred products Tobacco products Textile mill products Paper and allied products Chemicals and allied products Petroleum and coal products Rubber and plastics products See footnotes at end of tables. 149 1.56 1.92 .53 91 48 114 43 19 52 159 r 214 126 1.27 1.69 2 611 589 2 781 576 372,813 247,610 125,203 236,234 118,667 117,567 189,057 124,363 64,694 189 361 r r r 1.50 1.59 1.97 1.51 1.60 2.02 1.51 1.60 2.01 1.51 1.61 2.02 151 148 147 149 149 147 148 .54 93 50 .56 95 51 114 .42 .19 .52 .55 95 51 1.65 2.13 1.59 2.01 1.57 1.96 1.59 2.02 1.56 1.95 1.55 1.92 1.57 1.97 .55 96 50 .58 102 53 1.14 1.15 1 14 .43 19 .52 42 19 53 .53 93 49 113 42 19 52 1.62 2.21 1.27 1.27 1.69 1.61 2.21 1.27 1.27 1.68 .55 96 50 113 42 19 53 155 .55 97 51 112 42 18 52 157 212 126 .53 93 49 112 42 19 52 159 215 127 127 163 89 .52 91 49 112 42 18 52 157 214 125 125 162 86 .54 94 50 112 42 18 52 157 r 144 142 146 1 44 1 48 1 54 1 28 1 15 .43 .19 .53 1.61 r 2.19 1.25 1.26 1.69 .43 .19 .52 .85 .84 .86 .86 143 146 153 128 1 44 146 150 157 129 146 150 158 129 148 153 128 1.62 2.22 1.27 1.26 1.69 1.56 2.03 1.28 1.25 1.64 1.56 125 208 125 1.25 1.63 1.24 1.61 2.06 .85 .85 .85 .86 146 150 158 127 146 154 152 128 1 44 143 147 152 127 149 151 128 1.26 164 .87 145 149 1 54 129 1 47 1 55 1 28 1 54 1 26 214 125 126 165 r 87 193 005 1 09 41 18 50 160 226 124 123 166 82 142 1 44 1 56 1 26 207 266 234 079 249 364 234 628 240 432 254 972 r216 329 r242 350 258 094 104,013 123,396 134,397 123,058 128,441 137,966 109,067 123,910 132,574 r r 5,179 4,772 5,656 5,864 5,626 5,532 5,481 5,606 5,159 11 441 10771 11727 11 615 12074 11757 12053 10 810 11 682 r r 4623 4429 4742 4968 4650 4684 4344 4954 4886 14060 12129 15295 12 945 14 056 15114 14063 15202 14918 19119 25353 18 959 r20 921 21845 21900 25619 21730 24528 17 594 21588 20360 22076 18 324 r20 136 20150 19386 22747 32199 35057 31773 35142 22706 37252 r25 469 r32 485 33327 20272 13234 20030 21806 19562 22847 14 069 r20 041 22960 r r 6399 6004 7229 6319 6943 6468 6 102 6667 7013 103,253 110,683 114,967 111,570 111 991 117 006 107 262 118 440 125 520 r r 34,491 32,989 30,408 35,270 32,451 34,117 34,008 32,678 36,407 2334 2 108 1701 1366 2476 2387 2451 1 635 r 2294 r r 4563 5 129 5009 5446 5160 5522 5286 5214 4210 11 249 11,015 10,543 11 342 10 735 11 180 10941 10798 11286 20553 23071 r20 612 r22 721 22834 21 583 22002 22762 23622 11 860 11 908 12468 12469 12 349 15 591 12 101 12096 17 977 r r 7,704 6,909 7722 8100 7'550 7075 8063 7630 7861 226 704 234 472 237 299 234 259 238 863 239 460 r237 834 r245 646 243 844 do.... 1,388,211 1,471,549 64,755 64,044 do .... do 145 416 142,196 59,248 do .. 60,950 162,639 144,064 . .do . do ... 265,523 247,152 do.. 239,351 227,136 do .. 372,910 351,927 232,849 219,257 do... 77,110 do..., 72,456 do .... 1,223,378 1,310,027 388,431 356,804 do .... ..do 24101 22240 63,606 59,774 do... do..., 130,403 124,187 do 255 598 240 476 124 218 do 138 439 do ... 95,768 91,089 ..do . 233 026 122,298 5,725 12120 4,863 13,927 20,950 19,854 31,128 19,455 6,134 110,728 32,654 1886 5,607 10,949 21 099 11 495 8,127 238,150 247 693 238 230 231 320 228 665 132,337 125,350 122,261 122,669 5,414 5,900 5,715 4,648 11,271 12059 12210 10,107 4,841 4,586 4,890 4,118 12,713 13,693 14,506 14,581 21,345 21,561 24,436 24,448 22,314 20,365 20,098 21,890 31,212 31,435 31,955 33,365 20,121 20,636 19,962 16,248 6,871 6,456 6,659 7055 115,356 112,880 109,059 105,996 32,689 33,791 34,416 32,360 2,363 2111 2331 2,527 5,754 5,428 5,657 4,500 10,641 11,091 11,046 10,105 20202 20 566 20696 21837 11545 12103 12076 12205 7,322 7,954 8,249 7,081 233,562 231,995 232,826 231,003 do do do do .... do do do.... do do .... 128 347 5451 12215 4,973 14060 22 842 20,064 35295 22,598 124 393 5328 11978 4,863 13939 22245 20,312 32167 19,239 121 840 5515 11819 4,845 13983 21 985 19,930 29819 18,518 123 209 5431 11499 4,765 14114 22355 19,994 31 142 19,829 121 998 5322 10,947 4,401 13943 22206 20,839 30455 18,357 116716 5422 11 283 4,561 13 570 22213 19,900 25429 13735 123 224 5482 11 168 4,565 13837 22449 20,593 30843 18374 125 089 5387 11 392 4666 14 148 23 105 20243 32 141 19935 122 031 5352 11303 4542 13794 22058 20197 30821 18718 126 507 5?460 11475 4693 14547 22084 20'642 33438 21 134 127 283 125 090 128 619 r r 5427 5378 5473 11 '427 11 814 11*692 r r 4754 4654 4765 14273 14 202 14 236 22*104 r21 239 r22 489 20601 r20 604 r20 409 34692 r33 114 r35 554 21 353 r20 433 r22 165 124 528 5274 11 501 4659 14 249 22 268 20 604 32 127 18991 do .... .do do .. do .... do.... do .... do.... do.... do .... 6,344 109 803 32,968 1,961 5,342 10,885 21,455 10,992 8,246 6,549 109 169 32258 2,008 5,216 10,857 20,877 11,902 7,943 6,595 110 155 32882 2323 5,311 10,976 21,166 11,924 7,556 6564 109 617 32858 2134 5,395 11,007 21,266 11,492 7,512 6,658 109 005 32776 2,003 4,818 10,561 21,327 12,211 7,651 6587 109 988 32550 2111 5254 10678 21045 12849 7477 6539 111 248 33290 2017 5208 10 767 21230 12672 7590 6571 112 210 33737 2001 5 180 10985 21 595 12452 7659 6548 112228 33331 6668 112 356 33890 2213 5 160 11 031 21 872 11 969 7418 r r 6640 6701 6568 112 177 112 744 117 027 r r 34006 33 806 34 204 r 1 918 r2338 2384 r r 5082 4899 4959 11 129 11 086 10 885 21 947 r22 063 r22 963 11906 11 952 14 969 r r 7493 7790 7 576 6 525 119 316 34 177 2 128 4 830 11 088 22 927 17 606 7 568 2413 5106 10801 21 821 12257 7472 SURVEY OF CURRENT BUSINESS S-4 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 October 1990 1989 Annual 1990 „ ., 1988 1989 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 14512 48081 14 108 48323 14743 48561 June July Aug. 14699 48239 14 396 r 48 756 14 352 r 49 198 14231 48719 40,893 23,432 r 40,063 r r 41,115 r 40,727 21,278 Sept. GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS-Continued Shipments (seas, adj.)—Continued By market category: 1 170 754 1 177,232 Home goods and apparel mil $ 1 501 447 1 550,072 Consumer staples do Equipment and defense products, except auto do .. . 1 433,7 58 1 465,007 Automotive equipment do .. , 1 248,092 1 261,236 Construction materials, supplies, and intermediate products do .... 1 204,748 1 210,051 Other materials, supplies, and intermediate products do .... 1,052,790 1 1,117,978 Supplementary series: 1 1 83,076 79 081 Household durables .. do . Capital goods industries do .... 1 487,056 11 520,016 1 380 418 1 413,797 Nondefense do . 1 106,219 106 638 Defense do . Inventories, end of year or month: Book value (non-LIFO basis), 364,814 (unadjusted) total do . 348 465 241,304 229,040 Durable goods industries, total do .... 123,510 Nondurable goods industries, total do.... 119,425 Book value (non-LIFO basis), 371 082 354 163 (seasonally adjusted) total do By industry group: Durable goods industries, 246,222 233,666 total # do..., 7,800 7,505 Stone, clay, and glass products do... 20,565 20,279 Primary metals do.... 10,509 Blast furnaces, steel mills do... 10,119 23,303 23,552 Fabricated metal products do ... Machinery, except electrical do ... 48,061 46,729 40,730 40,683 Electrical machinery do... Transportation equipment do... 72,845 63,229 Motor vehicles and 11846 11839 parts do Instruments and related 14,017 14040 products ... .. do By stage of fabrication: 65,252 67,375 Materials and supplies do ... 117,303 108,392 Work in process do. . 61,544 60,022 Finished goods do ... Nondurable goods industries, 124 860 120 497 total # do 26342 26361 Food and kindred products do 5,459 5,609 Tobacco products do ... 8,153 7605 Textile mill products do 12,571 12,065 Paper and allied products do... Chemicals and allied 28,918 27,515 products do . Petroleum and coal 10,440 8,879 products do ... Rubber and plastics 10542 10326 products do By stage of fabrication: 47,294 Materials and supplies do ... 46,789 20,925 19,291 Work in process do... 57146 53912 Finished goods do By market category: 27,766 26,313 Home goods and apparel do ... 45,526 44,900 Consumer staples do ... Equip, and defense prod., 114,147 105,287 exc. auto do... 14,818 Automotive equipment do ... 14,611 Construction materials, supplies, and 25,727 25,250 intermediate products do ... Other materials, supplies, and 143,098 137 802 intermediate products do Supplementary series: 13,531 Household durables do ... 12,791 131,867 121 064 Capital goods industries do 93,930 85,691 Nondefense do ... 37937 35373 Defense do New orders, net (unadj.), total do ... 2,659,525 2,829,934 Durable goods industries, total do . . . 1,435,605 1,520,403 Nondurable goods industries, total ....do ... 1,223,920 1,309,531 New orders, net (seas, adj.), total do... 1 2,659,525 1 2,829,934 By industry group: Durable goods industries, total do ... 1 1,435,605 1 1,520,403 ' 144,162 1 142,294 Primary metals do.. 1 1 57,030 60,250 Blast furnaces, steel mills do ... Nonferrous and other pri1 1 75 016 73 301 mary metals do Fabricated metal products .do ... 1 142,607 1 159,875 Machinery, except electrical .do . . . '1 254,440 '267,116 227 382 1 240,494 Electrical machinery ...... .. do Transportation equipment do '389685 1 425,298 Aircraft, missiles, and parts do... 1 137,359 1 165,658 . Nondurable goods industries, total do... 1 1,223,920 1 1,309,531 Industries with unfilled 1 311 395 1 325 442 Industries without unfilled 1 orders A . . . . do 912 525 1 984,089 By market category: Home goods and apparel do ... 11 170,251 11 177,623 550, 107 501 623 Consumer staples . . do Equip, and defense prod., exc. auto do.... 1 468,263 1 509,043 Automotive equipment do . . 1 247,752 1 260,071 Construction materials, supplies, and intermediate products do .... ' 205,294 1 208,680 Other materials, supplies, and intermediate products do .... 1 1,066,342 1 1,124,410 Supplementary series: 1 '83 111 Household durables do 78 863 1 530 317 11 575 660 Capital goods industries do 1 467 346 Nondefense do 420 331 1 109 986 1 108,314 Defense do . See footnotes at end of tables. 14,823 46,622 40,285 24,963 14,657 46,076 40,530 21,578 14918 46808 38,644 20,933 14745 46780 39,184 22,205 14843 47144 39,904 20,689 14525 46630 39,973 15,967 14,622 47,318 41,044 20,716 40,638 22,303 39981 21,004 39,994 23,459 24,414 22,660 16,967 17,899 17,463 17,767 17,700 17,017 17,677 17,903 17,529 17,374 17,864 17,624 17,563 17,310 93,558 93,258 92,925 92,212 91,406 91,932 92,869 94,236 93,469 94,242 94,573 r 94,396 r 99,257 101,922 6,918 45,082 36,146 8,936 6,758 44,962 35,730 9,232 7,025 42,424 34,171 8,253 6997 42,875 34,122 8,753 7172 44,759 34,961 9,798 6882 43,680 35,187 8,493 7,069 44,984 36,826 8,158 7047 44,970 36 154 8,816 6703 44,214 35296 8,918 6918 44,474 35,297 9,177 6,921 45,721 36,623 9,098 r 6,898 r 44,048 r 35,095 r r 6838 r 45,826 r 36,719 r 9,107 6895 45,594 36,618 8,976 372,752 247,377 125,375 369,102 244,580 124,522 370,808 245,807 125,001 371,439 246,486 124,953 364,814 241,304 123,510 372,997 246,692 126,305 375,074 248,350 126,724 372,287 246,081 126,206 374 561 248,294 126,267 375,885 249,419 126,466 370,560 r374,549 r375,909 245,153 r247,431 r247,822 125,407 127,118 128,087 374,912 245,85! 129,053 371 489 370 890 371 712 372 813 371 082 374 126 373 169 371 746 372 300 372 384 370 693 r373 285 r374 298 376 530 246,378 7,799 21,233 10,657 24,170 48,370 41,787 70,164 245,621 7,844 21,040 10,613 23,934 48,429 41,316 69,785 246,427 7,870 20,822 10,533 23,761 48,411 41,318 70,666 12,686 12339 12433 14,095 14,277 14,350 67,746 116,560 62,072 67,611 115,477 62,533 125 111 26,326 5,659 8,093 12,572 8,953 r r 244,902 246,456 246,653 r r 7,820 7,748 7,751 20,598 r20,826 r21,149 10,381 10,508 10,669 23,346 r23,494 r23,554 47,487 r47,627 r47,688 39,930 r39,976 r39,857 73,309 r74,388 r73,999 246,937 7,904 21,406 10,827 23,425 47,775 39,864 73,793 11,842 12415 12,136 12,061 13,692 13,695 13,587 13,532 66,924 r66,444 117,202 117,530 r 62,330 r62,679 66,411 118,180 62,346 125 791 126 829 127 645 26877 r27 079 r27 256 r r 5,712 5,852 5,722 r r 8294 8335 8302 12,773 12,842 12,747 129 593 27639 5,817 8399 12,763 247,610 246,222 7,832 7,800 20,742 20,565 10,570 10,509 23,732 23,303 48,061 48,681 41,191 40,730 72,845 71,725 248,273 7,770 20,528 10,629 23,970 48,339 40,972 73,772 247,095 7,758 20,559 10,672 23,933 48,277 40,836 73,119 245,435 7,727 20,240 10,482 23,681 47,714 40,471 72,869 246,609 7,751 20,330 10,477 23,657 47,943 40,414 73,709 246,530 7,668 20,302 10,352 23,511 48,094 40,228 74,031 12310 11846 12167 11,845 11625 11 880 12045 14,452 14,017 14,160 14,095 14,067 13,999 13,877 68,010 115,756 62,661 68,058 117,051 62,501 67,375 117,303 61,544 68,092 118,854 61,327 67,402 117,691 62,002 66,744 116,921 61,770 66,689 117,810 62,110 66,814 117,482 62,234 66,424 116,326 62,152 125 269 26442 5,587 8,086 12,597 125 285 26243 5,583 8140 12,605 125 203 26283 5,551 8071 12,554 124 860 26342 5,459 8153 12,571 125 853 26365 5,723 8289 12,725 126 074 26470 5,837 8,383 12,699 126 311 26677 5,748 8387 12,649 125 691 26683 5,727 8420 12,651 125 854 26835 5,633 8417 12,696 29,396 29,415 29,386 29,273 28,918 28,553 28,497 28,735 28,890 28,973 29,003 r r 29,109 29,367 10,452 10,335 10,370 10,286 10,440 11,276 11,310 11,389 10,943 10,784 10,514 10,648 11,379 12,587 10631 10629 10640 10592 10542 10422 10337 10199 10208 10343 10363 10 435 10 459 10590 47,073 20,919 57119 46,643 20,985 57641 46,769 21,405 57111 47,069 21,146 56988 46,789 20,925 57 146 46,721 20,993 58139 46,743 20,897 58434 47,063 20,880 58368 46,876 20,760 58055 46,738 20,905 58211 46,622 20,588 58581 r 47,036 r 20,706 r r 47,357 r 21,148 r 47,706 21,721 60166 27,218 45,788 27,548 45,777 27,729 45,731 27,937 45,711 27,766 45,526 28,025 46,062 28,007 46,226 27,973 46,315 27,648 46,399 27,644 46,476 27,479 46,611 r 27,197 r r 27,273 r 47,305 27,304 47,714 112,073 15,845 111,923 15,428 112,353 15,447 113,574 15,266 114,147 14,818 114,892 15,145 114,019 14,882 113,507 14,677 114,156 14,976 114,393 15,110 113,092 113,508 113,617 14,845 15,482 15,152 113,542 15,027 r r 29,199 59 087 47,060 r 59 140 r 26,087 26,025 26,059 25,987 25,727 25,788 25,697 25,777 25,779 25,596 144,478 144,189 144 393 144 338 143 098 144 214 144,338 143 497 143 342 143 165 13,687 13,513 129,122 128,834 91,720 91,803 37402 37031 229,098 247,945 118,323 132,753 110,775 115,192 236,793 234,354 13,688 129 794 92,075 37719 237,369 125,267 112,102 234,067 13,717 13,531 131,239 131,867 93,930 93,098 38141 37937 238,524 239,124 130,044 133,398 108,480 105,726 239,710 240,752 13,664 133,046 94,432 38614 213,817 110,334 103,483 227,572 13,565 132,512 93,686 38826 234,078 123,474 110,604 231,759 13,604 131 599 93,041 38558 255,140 139,645 115,495 241,071 13,568 13,589 132 263 132 299 93,573 93,426 38726 38837 235 748 239,906 123,957 128,108 111,791 111,798 236,026 241,102 126,766 11,251 4,435 125,227 11,399 4,541 124,262 11,022 4,768 130,175 11,249 4,640 131,719 10,932 4,538 117,909 11,393 4,789 120,782 10,910 4,422 128,872 11,786 4,680 123,609 11594 4,655 128,737 11,886 5,022 124,692 128,094 126,979 11,499 11,813 11 513 r r 4,792 4,840 4856 125,210 11389 4556 5972 13,275 22,643 19,424 36,514 12,426 110,027 6012 13,689 22,554 20,898 32,555 11,570 109,127 5465 13,875 21,476 20131 33185 12,135 109,805 5828 13,800 22,676 21,609 36,779 14,901 109,535 5627 13,955 21,778 22,774 38,501 16,287 109,033 5871 13,776 22,471 19378 27,171 11,747 109,663 5695 13,543 22,343 19,921 29,923 9,109 110,977 6 108 14,186 22,334 19588 37129 15,364 112,199 6086 13,827 21,500 20444 32234 11,108 112417 5974 14,147 22,275 20 737 35516 12,394 112 365 r r 5824 5674 6089 14,170 14,466 13,980 r r 21,778 r22,533 r21,351 20004 20 295 20 699 33286 r34 812 r35 162 10,755 13,115 10,320 111 886 112 144 117 376 596& 14,764 22,678 19387 32773 12,425 119 304 27571 27282 27040 27485 26301 26987 27 780 28317 28710 28285 27899 r 82,456 81,845 82765 82,050 82,732 82,676 83,197 83882 83707 84080 83987 r 14,769 46,651 40,089 24,820 14,823 46040 41,707 21,423 15,148 46809 40,634 20788 14,816 46,793 44,506 22230 14,958 47084 49,545 20669 14,006 46588 41,891 15960 14,098 47298 39,536 20486 14,145 48072 44,492 22126 14,159 48 254 39,126 21 220 14,757 48501 40,586 23819 14853 48330 39,558 23060 r 48 762 r 42,982 r 17,337 17,546 17,685 17,575 17,341 17,698 17,380 17,341 17,526 17,674 17,517 17,680 17,492 93,127 92,815 93,003 93,790 91,155 91,429 92,961 94,895 95,741 95,765 93,260 r r 99,752 101,858 6913 45086 37130 7956 6893 45980 35341 10639 7 139 45546 35*975 9 571 6994 50 168 38901 11267 7 117 54 159 44389 9770 6566 44835 38347 6488 6743 43770 36094 7 676 6879 48912 40889 8023 6 718 44979 36573 8406 6853 46009 35928 10081 7 092 44 071 36 192 7 879 rg 94Q r 47 315 r rg g2g r 44 243 r 35 871 r 7 009 46 181 38367 7 814 25,670 26,030 26,368 142 996 144 359 144 921 146 575 13,467 130,902 92,434 38468 250,095 133,288 116,807 236,578 25,679 13,248 131,552 r 93,265 r 38 287 r 218,472 111,571 106,901 r 240,238 27 665 84 479 14 326 22 481 94,007 39 840 1-7475 13,379 13,363 131 629 131 572 r 93,371 93,031 r 38 201 38 598 r 237 996 258,796 119,189 133,411 118,807 125,385 r 244,355 244,514 r 28 790 28 522 r 88 586 90782 14 457 14527 48719 40,982 21 007 r 49 227 r 39,130 24 297 r 8372 17,421 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 S-5 SURVEY OF CURRENT BUSINESS October 1990 Annual „ .. 1988 1990 1989 Sept. Aug. 1989 Oct. Nov. Jan. Dec. Feb. Mar. Apr. May July June Aug. Sept. GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS— Continued Unfilled orders, end of period (unadjusted), total mil $ Durable goods industries, total do .... Nondurable goods industries with unfilled orders $ do.... Unfilled orders, end of period (seasonally adjusted) total .... ... mil $ By industry group: Durable goods industries, total #. do.... Primary metals do.... Blast furnaces, steel mills do.... Nonferrous and other primary metals do Fabricated metal products do.... Machinery, except electrical do.... Electrical machinery do..., Transportation equipment do.... Aircraft, missiles, and parts do Nondurable goods industries with unfilled orders $ do.... By market category: Home goods and apparel..... ..do.... Consumer staples .. do Equip, and defense prod., excl. auto do ... Automotive equipment do.... Construction materials, supplies, and intermediate products do..., Other materials, supplies, and intermediate products do.... Supplementary series: Household durables .. ... do Capital goods industries do Nondefense . .... do Defense do .... BUSINESS INCORPORATIONS @ New incorporations (50 States and Dist. Col.): Unadjusted number ., Seasonally adjusted do.... 463 934 509 942 443,957 490,624 19,977 19,318 492 888 493 140 492 279 499 483 509 942 471,779 472,195 472,112 479,895 490,624 516,493 496,945 19,318 19,548 21,109 20,945 20,167 19,588 516 492 522,268 523,388 497,023 502,271 503,170 522,862 502,837 19,997 20,025 19,469 20,218 517,985 r520,128 rr515,774 498,159 '500,663 495,942 516,476 496,779 19,832 19,697 519,954 518,663 519,333 19,465 19,826 r T 468 860 514 499 495 002 495,794 497 866 504,750 514499 515,367 512,654 516,426 518,193 520,432 447,868 25,737 10,903 494,196 22,510 8,730 474,253 24,151 9,117 475,087 23,572 8,795 477,509 22,775 8,718 484,475 22,525 8,593 494,196 22,510 8,730 495,389 22,620 8,958 492,947 22,362 8,815 496,730 22,756 8,829 498,308 23,047 8,942 500,538 23,458 9,271 499,993 '499,311 497,947 r500,951 r 23,238 23,350 23,530 r23,529 r r 9,483 9,586 9,495 9,409 12591 28,406 59,963 93,498 212,120 11 444 25,550 61,472 94,322 262,703 12634 26,210 61,779 89,985 245,266 12431 25,960 62,088 90,571 245,654 11737 25,852 61,579 90,772 249,020 11 611 25,538 61,900 254*657 11444 25,550 61,472 94,322 262,703 11,357 25,756 61,730 93,800 264,445 11,214 25,462 61,624 93,128 263,525 11,396 25,500 60,853 92,473 268,513 11,549 25,533 60,295 92,720 269,926 11,572 25,133 60,486 92,815 272,004 11,478 11,390 10,982 '25,038 25,030 '25,294 60,160 r61,454 r60,316 92,218 r r91,909 r r92,199 270,598 272,296 271,904 10,965 25,553 60,726 90,982 272,550 174 722 224 779 208 617 209 565 212 498 218 199 224 779 226,718 225,352 231,022 232,037 234,104 233,631 r235,999 r234,968 236,430 20,992 20,303 20,749 20,357 20,275 20,303 19,978 19,707 19,696 19,885 19,894 19,352 19,340 8,387 836 286,731 8,888 8,679 867 328 716 7,677 8,097 949 310,586 7,972 20,707 8,263 913 311,763 7,817 8,493 914 313,753 7,672 8,564 927 319,075 7,697 8,679 867 328 716 7,677 8,160 825 330,634 7,670 7,636 805 329,126 7,440 7,269 796 332,980 7,263 7,320 727 332,125 7,479 7,334 667 332,717 7,839 517,550 19,603 7,488 758 19,003 r r 7,523 '793 7,418 '764 7,819 793 r 331,382 '334,301 332,316 332,571 '7,171 6,900 '7,288 7,467 13,453 13,907 157,301 156,912 157,407 157,343 13,154 13,271 15,541 13,989 13,789 13,872 13,790 13,665 13,989 14,010 13,487 13,299 13,451 13,261 148,477 154,571 153,609 153,166 153,244 154,822 154,571 154,068 154,160 154,819 157,091 158,614 6122 345 037 179 640 165,397 6099 398602 231 182 167,420 6099 6154 6157 6043 5908 377 769 378 787 381 909 389 202 398 602 215 560 215 171 216 975 221 754 231 182 162,209 163,616 164,934 167,448 167,420 5783 399,757 234,342 165,415 r 5554 '5,440 5452 5239 5289 5,410 5,304 5457 '404,819 405,406 398 543 402,485 403,250 404,785 403,135 '406,402 r 233 610 238,345 239,622 240,253 239,822 244,567 '243,719 245,468 164,933 164,140 163,628 164,532 163,313 161,835 161,100 159,938 685,095 678 421 56755 56,642 51014 54502 53175 53,282 50,214 55,180 54017 57 040 49,719 17,399 6,829 4 184 10803 3606 35 663 6 63100 25831 3,802 6 3,203.3 1,026.6 4,231 1,394 628 387 920 314 29600 5968 1889 264.8 1,091.6 86.2 3676 1,230 532 336 4,226 1,299 607 387 968 319 22239 4874 2257 159.9 201.1 93.9 3,989 1,325 530 380 832 287 20008 5660 1150 1859 158.7 104.9 3684 1,229 498 291 799 264 50854 5544 9142 945.5 235.5 110.2 INDUSTRIAL AND COMMERCIAL FAILURES @ 57,099 Failures, total number ., 22,782 Commercial service do .... 6,828 Construction do.... 4719 Manufacturing and mining do 11 487 Retail trade do 4459 Wholesale trade do Liabilities (current) total .. mil $ 35 908 1 79872 Commercial service .. . . do Construction do 18786 Manufacturing and mining.... do .. 45500 Retail trade do.... 3,936.4 Wholesale trade do .... 2,071.7 98.0 Failure annual rate No. per 10,000 concerns.. 275 17512 4536 1697 2598 229.9 45.6 62,189 59,397 54,150 56,821 63,755 56,271 56,210 55,000 57,208 53,316 55,720 54,097 49,588 51,440 COMMODITY PRICES PRICES RECEIVED AND PAID BY FARMERS t Prices received, all farm products 1910-14 = 100. Crops # do... Commercial vegetables doCotton do... Feed grains and hay do Food grains do Fruit . ... do Tobacco do .... Livestock and products # . . do Dairy products do .... Meat animals do Poultry and eggs .. .. do Prices paid: Production items .. . do All commodities and services, interest, taxes, and wage rates (parity index) 1910-14 — 100.. Parity ratio § do.... 633 547 716 485 378 378 683 1,336 721 746 949 269 673 580 775 502 405 428 704 1318 769 826 983 314 661 554 685 508 379 417 682 1384 773 807 996 315 655 547 657 540 379 416 736 1444 768 856 968 312 662 551 703 555 371 418 771 1 418 780 905 986 291 672 555 666 552 373 412 773 1 435 796 954 988 306 679 548 699 519 375 419 674 1438 816 979 1 017 308 705 587 1,260 505 379 414 616 1398 827 960 1 042 316 693 577 1,119 512 379 399 638 1 396 814 881 1 059 298 686 555 722 541 387 392 662 1 396 822 838 1 072 330 689 566 591 549 406 391 727 1 432 818 820 1 088 302 908 956 955 974 980 1,167 54 1,220 55 54 53 1,224 54 55 55 1,246 57 1260 55 117.0 122.6 123.2 123.6 124.2 124.4 124.6 125.9 126.4 1183 1240 1246 1250 1256 1259 126 1 127 4 1280 1159 1183 117.0 1216 1237 122.4 1220 1243 123.0 1226 1248 1234 1231 1254 1240 1233 1256 1242 1235 1258 1244 1250 1267 1257 1257 127 3 1262 703 580 620 552 428 382 754 1432 831 826 1 120 288 691 557 590 526 419 349 707 1 432 831 844 1 113 289 694 564 661 531 415 319 759 1 400 831 863 1 107 286 '688 '545 '686 '545 '399 '296 '692 '1 387 '838 '875 '1 112 293 678 530 649 550 368 285 746 1 505 833 881 1 090 307 131.1 983 1 265 55 CONSUMER PRICES (U.S. Department of Labor Indexes) Not Seasonally Adjusted ALL ITEMS, WAGE EARNERS AND CLERICAL WORKERS (CPI-W)...1982-84=100 .. ALL ITEMS, ALL URBAN CONSUMERS (CPI-U) 1982-84-100 Special group indexes: All items less shelter do All items less food ... do . All items less medical care do.... See footnotes at end of tables. 127.3 127.5 128.3 128.7 129.9 1287 1289 1292 1299 1304 131 6 132 7 1262 1281 1269 1265 1284 127 1 1267 1287 1273 127 3 1294 1280 127 5 1300 1285 1286 131 3 129 6 130 1 1326 1308 127.1 S-6 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 SURVEY OF CURRENT BUSINESS Annual .. IT ljnrts 1988 October 1990 1990 1989 1989 Aug. Sept. Nov. Oct. Jan. Dec. Mar. Feb. Apr. May June Aug. July Sept COMMODITY PRICES—Continued CONSUMER PRICES-Continued (U.S. Department of Labor Indexes) — Continued Not Seasonally Adjusted All items (CPI-U)—Continued Commodities 1982-84 — 100 Nondurables do .... Nondurables less food do.... Durables do Commodities less food do.... Services do Food # do Food at home .do Housing do .... Shelter # do ... Rent, residential do .... Homeowners' cost 12/82—100., Fuel and other utilities # 1982-84-100. Fuel oil and other household fuel commodities do.... Gas (piped) and electricity do.... Household furnishings and operation do... Apparel and upkeep do... Transportation do..., Private do..., New cars do..., Used cars do .... Public do.... Medical care do ..., Seasonally Adjusted t All items, percent change from previous month... . Commodities 1982-84—100. Commodities less food do Food do Food at home t do Apparel and upkeep •• do Transportation .do.. Private do ... New cars do ... Services . do PRODUCER PRICES § (U.S. Department of Labor Indexes) Not Seasonally Adjusted All commodities 1982—100 By stage of processing: Crude materials for further processing do... Intermediate materials, supplies, and components do ... Finished goods # .do Finished consumer goods do... Capital equipment do... By durability of product: Durable goods do... Nondurable goods do... Total manufactures do... Durable manufactures do ... Nondurable manufactures do... Farm products, processed foods and feeds do ... Farm products do... Foods and feeds, processed do... Industrial commodities do... Chemicals and allied products do ... Fuels and related prod., and power . do Furniture and household durables do... Hides, skins, and leather products do... Lumber and wood products do... Machinery and equipment do... Metals and metal products do... Nonmetallic mineral products do... Pulp, paper, and allied products do... Rubber and plastics products do... Textile products and apparel do ... Transportation equip. # do... Motor vehicles and equip do... Seasonally Adjusted t Finished goods, percent change from previous month By stage of processing: Crude materials for further processing 1982—100. Intermediate materials, supplies, and Finished goods # Finished consumer goods Foods Finished goods, exc. foods Durable Nondurable .. Capital equipment 1167 118.2 111.7 1122 112.0 1319 125 1 1242 123.0 132.8 132.8 137.3 107.8 116 7 118.4 111.5 111 4 111.6 1331 1258 1249 124.2 134.1 133.5 138.1 109.7 1173 119.3 112.9 1113 112.4 1334 1261 1250 1243 134.1 133.9 138.9 109.7 118 1 120.1 114.1 1121 113.4 1337 1265 1254 124.4 1348 134.7 139.7 1080 1183 120.0 113.6 1130 113.4 1341 1269 1258 124.5 135.2 135.2 140.3 107.5 1182 119.8 112.6 1135 113.0 1346 127.4 126.5 124.9 135.6 135.5 140.9 108.4 1199 122.0 114.2 1138 114.1 1354 130.4 131.0 125.9 136.3 135.8 141.1 110.8 1206 122.9 115.0 1137 114.6 1360 1313 1321 126.1 136.6 136.0 141.0 110.2 121 1 123.8 116.5 1134 115.4 1369 1315 1319 126.8 137.8 136.5 142.2 109.9 1214 124.2 117.4 113 1 115.9 1371 1313 131.1 126.8 138.0 137.0 142.5 109.4 1214 124.2 117.5 1132 115.9 1376 1313 1309 127.1 138.3 137.3 143.1 109.9 121 6 124.6 117.6 1129 115.8 1388 132.0 1317 128.3 139.5 137.9 144.4 112.2 1216 124.6 117.0 1130 115.5 1399 132.7 132.5 129.2 141.1 138.7 145.4 111.3 1228 126.3 119.9 1129 117.2 1409 132.9 132.7 130.2 142.4 139.4 146.5 112.7 1246 128.7 124.1 1128 119.8 1414 133.2 132.9 130.5 142.3 140.0 147.0 114.0 78.1 104.6 81.7 107.5 78.9 111.3 79.3 111.0 82.0 107.6 83.9 106.1 88.7 107.0 113.1 107.5 95.4 108.3 91.5 107.9 89.6 106.8 88.0 107.8 84.9 112.4 82.7 111.7 91.8 111.6 104.4 112.4 109.4 115.4 108.7 107.6 116.9 118.0 123.3 138.6 1112 118.6 114.1 112.9 119.2 120.4 129.5 149.3 1114 115.0 114.3 113.1 117.7 1203 130.1 150.7 1117 120.0 1137 112.4 117.0 1198 130.1 151.7 1119 122.7 114.5 113.3 118.6 119.7 130.6 152.7 1119 122.1 115.0 113.7 120.5 120.1 131.3 153.9 111.7 119.2 115.2 113.9 121.8 119.7 131.7 154.4 112.1 116.7 117.2 115.9 122.3 118.9 134.2 155.9 112.8 120.4 117.1 115.6 121.9 117.4 136.7 157.5 112.8 125.4 116.8 115.1 121.3 116.6 139.1 158.7 112.8 126.7 117.3 115.5 120.7 116.2 140.3 159.8 113.2 125.5 117.7 115.9 120.7 116.9 140.9 160.8 113.1 123.3 118.2 116.4 120.3 117.6 141.5 161.9 113.6 120.8 118.4 116.6 119.8 118.2 141.6 163.5 113.3 122.2 120.6 119.0 119.5 118.3 141.9 165.0 113.8 126.8 123.0 121.4 119.0 118.3 144.0 165.8 .0 116.8 1119 1259 1249 1169 1142 113.0 118.5 1327 c 117.1 1122 1263 1251 1186 1139 112.7 118.1 1330 117.7 1128 1268 1256 1194 1145 113.3 118.8 1336 .3 118.0 1129 1274 1265 1194 1146 113.4 119.8 1342 .4 118.2 113 1 1280 127 1 119.0 115.0 113.8 120.8 1349 1.1 120.3 1149 1305 1308 119.0 117.4 116.2 121.6 1357 .5 121.0 1156 131 1 1315 1229 117.7 116.3 121.4 1362 .4 121.3 1158 1315 1317 124.9 117.6 116.0 121.2 1371 .1 121.2 1158 1312 1308 125.0 117.7 116.1 120.9 1375 .1 121.1 1157 1312 1305 1246 117.5 115.8 120.7 1379 .6 121.7 1161 1322 1318 124.5 118.0 116.3 120.5 1388 122.0 1163 1327 1323 124.2 118.3 116.6 120.1 1396 .8 123.0 1176 1331 1327 124.3 120.4 118.8 120.3 1406 .8 124.4 1195 1334 1330 125.2 123.2 121.7 120.1 1411 1120 1124 1128 1127 113.0 114.9 114.4 114.2 114.1 114.6 1142 1143 1165 1183 1069 1122 96.0 103.1 101.1 102.3 102.1 102.6 104.2 106.5 106.8 105.6 103.0 r !04.7 101.0 101.2 110.2 115.1 107.1 1080 106.2 114.3 112.0 1136 112.1 118.8 112.0 1134 111.9 119.0 112.4 1136 112.2 118.9 112.3 1149 113.3 120.5 112.0 1149 113.2 120.8 111.9 115.4 113.9 120.8 113.4 117.6 116.7 121.2 112.5 1174 116.4 121.6 112.4 1172 115.9 121.9 112.8 1172 115.8 122.2 113.1 1177 116.5 122.2 112.9 1179 116.7 122.3 113.0 1180 116.9 122.5 114.4 1192 118.4 122.9 116.3 1203 119.8 122.9 114.7 101.1 109.1 114.1 104.1 119.0 107.1 114.3 118.3 110.2 119.0 106.7 114.2 118.4 110.0 119.2 107.2 114.5 118.6 110.4 120.2 107.2 115.2 119.6 110.7 119.9 107.2 115.1 119.5 110.7 119.7 107.9 115.2 119.3 111.0 120.0 110.7 116.6 119.6 113.3 120.0 109.9 116.0 119.6 112.1 120.4 109.3 116.1 120.0 112.2 120.9 108.9 116.6 120.3 112.8 120.9 109.7 117.1 120.4 113.5 120.9 109.1 117.0 120.4 113.4 121.0 109.2 116.9 120.5 113.1 121.5 112.3 118.2 120.8 1153 121.6 115.2 119.7 121.0 1179 110.0 104.9 112.7 106.3 116.3 115.4 110.9 117.8 111.6 123.0 115.0 109.3 117.9 111.4 121.9 114.5 108.0 117.9 111.9 121.4 114.5 107.8 117.9 112.4 121.4 115.5 109.0 118.9 112.1 121.0 116.6 111.5 119.3 112.3 121.0 118.3 114.9 120.2 114.1 121.2 118.4 115.7 120.0 113.6 121.7 118.9 115.3 120.9 113.2 121.8 118.5 113.3 121.2 113.2 121.9 120.1 113.7 123.5 113.5 122.3 119.7 113.1 123.1 113.1 122 .4 120.0 113.7 123.3 113.2 122.3 119.2 111.5 123.1 115.9 122.4 117.9 109.0 122.4 118.3 124.8 667 113.1 131.4 118.9 113.2 118.7 111.2 130.4 109.3 109.2 114.3 113.1 729 116.9 136.3 126.7 117.4 124.1 112.6 137.8 112.6 112.3 117.7 116.2 720 117.9 137.2 129.0 118.0 123.0 112.8 138.4 112.6 112.9 117.1 114.5 739 117.9 138.0 129.0 118.2 123.7 112.9 138.6 112.7 113.0 116.6 113.8 737 117.7 138.2 130.9 118.5 123.9 113.0 139.1 112.5 113.3 120.0 119.6 728 117.8 138.0 130.0 118.7 122.8 113.1 139.3 112.5 113.5 120.0 118.8 73.7 117.9 139.5 128.5 118.9 121.7 113.2 139.2 112.9 113.6 119.8 118.6 79.8 118.4 138.9 129.0 119.6 121.7 113.8 140.3 113.2 114.6 119.7 117.2 77.0 118.7 141.7 129.7 119.7 120.9 113.9 140.5 112.9 114.6 120.2 117.3 746 118.7 141.6 130.5 120.0 122.0 114.2 140.7 113.3 1147 120.3 117.0 734 119.0 142.9 132.4 120.2 122.9 114.3 140.9 113.3 1149 120 5 116.9 r 741 119.0 143.7 132.0 120.4 123.1 114.5 141.1 113.5 1148 1204 116.6 724 1193 142.6 130.6 120.4 122.5 114.6 140.9 113.4 1149 1208 117.4 724 1193 142.8 131.1 120.6 122.8 114.5 141.0 113.2 1149 1207 117.2 824 1194 142.0 130.1 120.8 124.1 114.6 141.1 113.2 1149 1209 117.0 910 1194 141.6 129.5 121.0 124.6 115.0 141.5 113.5 1150 1209 116.6 5 1 6 19 o 13 16 3 do do do do.... do do... do ..., PURCHASING POWER OF THE DOLLAR As measured by: Producer prices 1982—$! 00 Consumer prices 1982-84—$! 00 See footnotes at end of tables. 111 5 111.8 105.8 1104 107.7 1257 1182 1166 118.5 127.1 127.8 131.1 104.4 926 846 880 807 1011 1023 1026 1032 1047 1070 1073 1059 103 1 1030 100 1 1007 110 1 1152 111 8 1133 111 6 1185 108.2 1178 1027 1193 1122 114 1 1125 118 1 109.7 1187 1045 1201 1124 1147 1133 1197 110.1 1186 105 1 1200 1122 1148 1133 1207 109.7 1187 1044 1204 1122 1155 114 1 121 6 110.4 1192 1053 1207 1136 1177 1170 1244 113.4 1186 1097 1209 1127 1177 1168 1253 112.7 1190 1085 121 4 1128 117 5 1164 1247 112.4 1194 107 9 121 9 1129 1173 116 1 1236 112.3 1193 1079 1220 113 0 1174 1162 1240 112.4 119 5 1079 122 1 112 6 1176 116 3 1238 112.7 1204 1079 1224 112 g 117 5 116 1 1238 112.4 1206 1074 1228 114 1 119 0 1180 1248 114.6 1208 1105 1232 1162 1209 120 1 1237 118.4 1220 1152 1242 882 803 880 800 870 796 870 795 867 793 850 785 852 782 853 777 853 776 850 774 848 770 847 767 839 760 831 754 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 8-7 SURVEY OF CURRENT BUSINESS October 1990 ,. .. umw Annual 1988 1990 1989 1989 Sept. Aug. Nov. Oct. Jan. Dec. Feb. Mar. Apr. May June July Aug. ••35,096 26,939 15,907 11,165 '38,283 '28,787 17,061 11,683 '39,934 '29,632 17,661 11,895 '40,874 '30,469 18,111 12,227 42,572 30,753 18,192 12,160 8,272 1,646 4,415 8,687 1,749 4,634 8,927 1,760 4,796 '9,329 1,956 '4,915 9,392 1,834 5,067 720 8,157 '3,531 r 316 132 r 421 1,971 848 '9,496 '3,735 '315 100 '455 2,823 782 10,302 '4,076 '355 136 '489 3,147 775 10,406 '4,035 '331 129 '419 '3,192 11,819 4,632 372 156 420 3,883 Sept. CONSTRUCTION AND REAL ESTATE CONSTRUCTION PUT IN PLACE * New construction (unadjusted), total mil. $.. Private, total # do.... Residential do... New housing units do.... Nonresidential buildings, except farm and public utilities, total # mil. $.. Industrial . do Commercial do Public utilities: Public total # do Buildings (excl. military) # do .... Housing and redevelopment do .... Industrial do Military facilities do Highways and streets do New construction (seasonally adjusted at annual rates), total bil $ Private, total # do.. Residential do New housing units do..., Nonresidential buildings, except farm and public utilities, total # . bil $ Industrial do Commercial do . Public utilities: Telecommunications do ... Public, total # .... do Buildings (excl. military) $ do Housing and redevelopment ... . do Industrial.... do.. Military facilities do Highways and streets do CONSTRUCTION CONTRACTS Construction contracts (F.W. Dodge Division, McGraw-Hill): Valuation total mil $ Index (mo data seas, adj.) 1982—100 Public ownership mil. $ Private ownership do.. By type of building: Nonresidential do Residential do Non-building construction do .... New construction planning (Engineering News-Record) §.... do.... HOUSING STARTS AND PERMITS New housing units started: Unadjusted: Total (private and public) thous Privately owned do.... One-family structures do.... Seasonally adjusted at annual rates: <) Total privately owned do One-family structures do New private housing units authorized by building permits (17,000 permit-issuing places): t Monthly data are seas. adj. at annual rates: Total thous One-family structures do.. Manufacturers' shipments of mobile homes: Unadjusted thous .. Seasonally adjusted at annual rates® do CONSTRUCTION COST INDEXES Bureau of the Census: Composite fixed-weighted price index * 1987=100.. Implicit price deflator *... do.... Boeckh indexes: Average, 20 cities: Apartments, hotels, office buildings 1982-100 Commercial and factory buildings do Residences do Engineering News-Record: Building... 1967=100.. Construction do Federal Highway Adm. —Highway construction: Composite (avg. for year or qtr.) $$ 1987 = 100.. See footnotes at end of tables. 422,075 432,067 327,102 333,515 198,101 196,551 138,947 139,202 41,795 31,564 19,062 13,231 40,757 30,389 18,112 12,756 39,782 30,450 17,799 12,399 37,721 28,931 16,665 11,858 32,978 25,486 14,020 9,964 29,954 23,057 13,023 9,499 29,497 22,828 12,674 9,197 32,954 25,751 14,803 10,737 97,102 14,930 58,103 103,358 18,507 59,388 9,547 1,717 5,469 9,472 1,826 5,377 9,557 1,787 5,486 9,271 1,690 5,333 8,277 1,635 4,637 7,620 1,415 4,227 7,712 1,542 4,242 8,184 1,622 4,430 9,801 94,973 36,163 3,366 1,413 3,579 30,141 9,132 98,551 39,202 3,841 1,300 3,520 29,502 813 10,230 3,805 376 121 317 3,639 728 10,367 3,668 331 165 412 3,492 802 9,332 3,442 349 87 173 3,245 791 8,790 3,446 345 93 305 2,620 879 7,492 3,276 328 111 296 1,826 597 6,898 3,133 286 121 320 1,465 614 6,668 3,131 279 79 324 1,400 768 7,203 3,296 322 151 425 1,492 433.9 335.0 195.6 138.2 433.4 332.1 193.0 135.8 429.3 332.1 192.1 134.8 433.4 329.8 190.9 135.2 432.0 325.0 189.6 135.3 446.0 338.1 200.1 140.0 455.6 343.1 203.0 144.6 457.3 347.4 206.9 145.3 '444.7 '338.8 '200.2 140.0 '443.8 '334.0 196.1 136.6 '441.1 '329.6 189.5 130.5 '442.4 '333.9 189.1 129.3 442.5 327.4 186.9 127.6 106.2 19.4 59.9 105.9 20.0 59.3 106.5 19.2 61.4 105.0 19.1 59.6 100.0 18.9 57.1 102.7 19.7 57.4 105.1 21.1 58.7 104.9 21.1 57.2 103.8 '21.0 55.8 102.9 '20.8 '54.7 105.1 '20.4 '56.6 109.5 '23.7 '57.2 104.8 20.7 55.8 8.6 99.0 40.1 45 L5 3.8 29.2 8.6 101.3 40.0 4.0 2.0 4.9 29.7 8.6 97.1 39.6 4.2 1.0 2.1 28.4 8.9 103.5 41.6 4.1 1.1 3.7 30.4 9.8 107.0 42.5 3.9 1.3 3.6 33.5 9.1 107.9 42.3 3.4 1.5 3.8 31.9 8.9 112.5 43.7 3.3 .9 3.9 37.0 9.4 109.9 44.0 3.9 1.8 5.1 32.4 9.4 106.0 '43.5 '3.8 1.6 '5.1 '29.7 9.5 109.8 '44.4 '3.8 1.2 '5.5 '30.7 9.3 111.5 '46.3 '4.3 1.6 '5.9 '30.3 9.2 108.5 '44.5 '4.0 1.5 '5.0 '28.8 115.1 48.4 4.5 1.9 5.0 31.4 261,163 '170 67,875 71,305 192,876 189,859 25,884 174 7,035 18,850 '25,267 186 r 7,130 r !8,137 22,669 183 6,278 16,391 19,137 169 5,373 13,764 16,629 166 4,586 12,043 16,471 161 4,309 12,162 14,863 155 3,845 11,017 20,919 161 5,953 14,967 20,160 147 5,629 14,531 23,576 160 7,320 16,256 23,027 159 7,356 15,671 20,893 152 6,431 14,462 21,539 146 6,675 14,865 19,248 147 5,783 13,465 90,624 121,940 48,188 93,058 120,436 47,670 9,521 11,838 4,525 10,119 10,600 '4,548 8,533 10,517 3,619 6,778 8,950 3,409 6,167 7,262 3,200 6,238 7,579 2,655 4,821 7,240 2,801 7,086 9,940 3,894 6,381 9,722 4,058 7,502 10,946 5,128 7,903 10,433 4,692 7,323 9,745 3,825 7,174 9,941 4,424 7,173 8,463 3,612 283,448 275,118 25,170 21,042 25,564 23,182 19,075 18,132 22,463 22,343 18,230 17,134 15,279 15,564 19,935 (3) 1,488.1 1,081.3 (3) 1,376.1 1,003.3 122.4 91.7 109.3 82.4 130.1 91.2 96.6 71.9 75.0 53.4 99.2 67.9 86.9 65.9 108.5 83.2 119.0 90.0 121.1 92.4 117.8 88.9 111.2 '85.5 103.8 '76.1 95.4 73.3 1,325 987 1,263 969 1,423 1,023 1,347 1,010 1,273 931 1,568 1,099 1,488 1,154 1,307 996 1,216 905 1,206 897 1,189 889 1,153 '875 1,142 '841 1,135 877 1,006 733 260,752 nee r r 1,456 994 1,338 932 1,334 933 1,310 946 1,362 959 1,364 984 1,416 984 1,739 985 1,297 974 1,232 912 1,108 813 1,065 802 1,108 796 1,082 780 1,050 '762 218.3 198.1 19.4 16.5 17.7 15.1 11.7 13.4 13.7 16.2 16.2 18.1 17.4 15.1 19.5 194 186 190 189 189 195 200 193 189 191 191 184 195 107.9 108.6 108.0 108.6 107.9 108.5 107.9 108.6 108.0 108.8 108.3 109.2 108.6 109.5 108.8 109.8 108.8 109.5 109.2 109.8 109.5 110.0 109.8 110.4 110.0 110.5 103.8 104.2 107.2 108.0 120.2 118.3 122.3 124.6 123.4 127.3 384.6 420.7 390.7 428.8 106.6 107.7 125.5 125.1 1287 390.6 428.8 394.9 432.5 109.1 126.5 1260 130.3 125.5 1252 128.8 395.4 432.5 395.8 433.4 396.6 435.6 107.1 395.7 435.0 1270 126.9 1307 1266 126.3 130.3 395.9 435.2 397.4 437.6 111.2 397.3 437.8 399.3 437.3 1280 127.9 1317 403.4 440.8 403.4 440.8 ::::::::::::: = 128.7 128.6 132.5 402.8 442.4 2 404.0 2 442.7 SURVEY OF CURRENT BUSINESS 8-8 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 n \t unn a ™ 1988 October 1990 1989 Annual 1989 Aug. Oct. Sept. 1990 Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. CONSTRUCTION AND REAL ESTATE—Continued REAL ESTATE <> Mortgage applications for new home construction: 10.9 10.2 9.0 12.8 10.4 12.5 117.3 104.9 FHA applications thous. units.. 9.3 10.4 10.3 9.4 9.0 7.6 9.5 11.6 118 112 133 110 141 151 132 142 Seasonally adjusted annual rates do.... 129 119 112 113 115 117 8.9 7.7 8.9 8.0 10.4 9.0 7.0 109.6 150.8 Requests for VA appraisals do.... 9.5 7.9 4.4 9.5 8.5 6.9 98 111 91 106 85 87 106 105 132 145 108 Seasonally adjusted annual rates do.... 85 87 Home mortgages insured or guaranteed by: Fed Hous Adm ° Face amount mil $ 42,577.16 45,893.24 3,511.30 4,325.96 4,790.37 5,332.30 3,541.91 4,428.43 4,075.71 4,442.46 4,267.19 4,381.55 4,288.59 4,509.24 4,764.17 4,319.28 Vet Adm ' Face amount § do 15,773.84 14,041.80 1,102.03 1,032.98 1,217.43 1,326.48 1,192.67 1,405.07 1,386.13 1,537.57 1,157.15 1,236.42 1,308.89 1,253.50 1,572.64 Federal Home Loan Banks, outstanding advances to member institutions, end of 152,777 141,794 156,293 151,101 148,745 145,337 141,794 138,108 136,626 132,853 131,210 130,752 126,296 122,544 121,988 117,887 period .... .. mil $ New mortgage loans of SAIF-insured 14,621 11,973 11,161 14,311 13,704 15,702 15,683 16,534 institutions, estimated total @ mil. $., 240,298 2 186,567 14,325 15,208 By purpose of loan: 1,694 1,803 1,628 1,744 1,306 1,819 1,672 1,957 2,332 29,555 2 2 24,952 Home construction do 1,324 12,699 11,652 12,070 176,407 2142,432 9,037 11,765 11,281 12,140 9,868 12,774 12,390 Home purchase do 786 795 798 1,319 1,002 1,180 1,355 1,427 19,183 34,336 803 801 All other purposes do..., DOMESTIC TRADE ADVERTISING Magazine advertising (Leading National Advertisers): Cost, total ... . Apparel and accessories Automotive, incl. accessories Building materials Drugs and toiletries Foods, soft drinks, confectionery Beer wine liquors HoUshold equip., supplies, furnishings Industrial materials mil. $ do . . do .... do.... .do.... do do do .... do .... Smoking materials do All other do Newspaper advertising expenditures (Newspaper Advertising Bureau, Inc.): Total mil. $.. Classified do National do Retail do 31,197 11,771 3,586 15,840 32,368 12,245 3,239 16,885 WHOLESALE TRADE t Merchant wholesalers sales (unadj.), total mil. $..1,622,115 1,748,194 795,372 859,960 Durable goods establishments do Nondurable goods establishments do . . . . 826,743 888,234 Merchant wholesalers inventories, book value (non-LIFO_ basis), end of period (unadj.), total mil. $.. 180,943 189,042 115,647 122,053 Durable goods establishments do 65,296 66,989 Nondurable goods establishments do RETAIL TRADE * All retail stores: Estimated sales (unadj ) total mil $ 1,650,005 627,370 Durable goods stores # do Building materials, hardware, garden supply, and mobile home dealers mil. $.. 91,206 371,573 Furniture, home furnishings, and equipment do.... 85,395 Nondurable goods stores do.... 1,022,635 General merch group stores do .... 191,800 326,504 Food stores do Gasoline service stations do.... 107,906 Apparel and accessory stores ....do.... 84,865 Eating and drinking places do.... 165,511 57,444 Drug and proprietary stores do .. 19,605 Estimated sales (seas adj ) total do... Durable goods stores # .do.... Bldg. materials, hardware, garden supply and mobile home dealers # mil $ Building materials and supply stores . do Hardware stores .... do Automotive dealers . do.... Motor vehicle and miscellaneous auto dealers do Auto and home supply stores do Furniture, home furnishings, and equipment # do.... Furniture, home furnishings stores do Household appliance, radio, and TV stores do.... See footnotes at end of tables. 8,952 3,228 841 4782 7,829 3,104 753 3,972 8,307 2,844 1,099 4345 7,296 2,495 965 3,835 152,731 145,394 76,020 73,080 76,711 72,314 155,847 78,451 77,396 150,006 74,608 75,398 144,355 69,247 75,108 146,135 138,361 158,734 71,238 69,070 80,795 74,897 69,291 77,939 150,395 76,808 73,587 154,461 147,580 79,475 '74,234 74,986 '73,346 162,054 80,120 81,934 182,299 122,371 59,928 183,868 122,335 61,533 189,404 123,856 65,548 189,822 123,652 66,170 189,042 122,053 66,989 190,390 190,475 124,313 125,488 66,077 64,987 190,909 125,562 65,347 192,411 192,015 190,333 191,188 127,344 128,124 126,390 127,824 65,067 63,891 63,943 '63,364 189,296 127,526 61,770 1,733,654 645,524 153,030 59,703 144,079 54,908 142,342 51,707 148,834 176,486 51,951 57,004 132,560 127,338 49,283 46,720 148,334 54,970 144,959 53,956 93,018 377,690 8,808 36,166 8,029 32,969 8,153 29,678 5,911 27,776 7,456 33,326 8,061 32,279 9,277 34,506 7,541 6,698 93,364 80,618 12,674 16,189 27,304 30,949 9,772 8,786 7,565 5,668 15,229 13,262 5,277 4,902 1,603 1,419 149,904 149,302 54,663 55,037 7,144 91,003 15,954 29,491 9,804 7,632 15,028 5,335 1,573 147,886 53,620 7,609 95,810 16,977 31,397 10,426 7,749 15,728 5,494 1,690 147,781 53,525 90,016 1,088,130 202,570 349,269 115,534 91,227 173,527 61,104 20,009 6,841 26,475 6,065 29,915 7,421 7,346 9,993 8,234 7,696 93,327 89,171 90,635 96,883 119,482 16,532 21,098 32,336 15,600 16,616 29,248 32,352 29,396 28,718 30,140 9,865 9,761 9,529 9,593 10,264 7,546 7,533 8,708 12,844 8,107 14,519 14,677 14,728 13,999 15,672 6,754 5,217 5,051 4,936 5,065 2,311 1,591 1,651 1,658 1,716 146,731 147,052 145,244 146,340 145,804 '55,606 '55,310 53,627 53,768 52,683 7,150 83,277 12,069 28,470 9,427 5,802 13,478 5,254 1,478 149,877 56,217 7,517 28,344 160,026 81,467 78,559 154,141 153,472 148,933 156,760 '145,382 58,331 57,730 '55,397 '56,885 '51,971 9,108 34,263 '8,611 '32,933 '8,578 '7,917 '33,643 '30,563 '7,587 '7,192 '7,324 7,551 95,742 '93,536 '99,875 '93,411 16,746 15,313 17,503 '15,848 31,671 '31,302 '31,877 '30,294 10,633 10,723 11,713 '11,174 '8,517 '7,682 '7,116 7,631 16,152 16,273 16,726 '15,455 '5,547 '5,220 '5,327 5,393 1,792 1,825 1,775 149,432 150,201 149,643 ' 151,242 53,841 '54,200 '52,839 '53,574 '7,973 '7,790 7,699 7,769 7,567 7,839 8,062 7,890 7,631 7,691 7,961 '7,959 '7,864 '5,717 1,026 '32,869 5,600 1,025 '32,751 5,591 1,012 31,230 5,611 1,022 31,111 5,495 989 30,429 5,794 1,038 33,274 5,974 1,059 31,408 5,806 1,062 31,484 5,634 1,046 30,837 5,611 1,052 30,854 5,679 1,088 31,108 '5,665 1,071 '31,429 5,596 1,049 '30,268 '31,135 '30,274 '30,076 28,592 28,395 27,700 30,533 28,619 28,706 28,090 28,133 28,379 '28,729 '27,618 '28,507 2,595 '2,675 2,638 2,716 2,729 2,741 2,789 2,778 2,747 2,721 2,729 '2,700 2,650 '7,558 '7,524 7,573 7,674 7,406 7,682 7,813 7,804 7,797 7,767 7,613 '7,614 '7,478 '4,151 '4,047 4,077 4,250 3,987 4,235 4,228 4,214 4,167 4,158 4,104 '4,103 4,035 '2.726 '2.754 2.777 2.697 2,713 2.743 2.843 2.847 2,895 2.909 2.813 '2.812 2.746 '7,823 '7,531 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 S-9 SURVEY OF CURRENT BUSINESS October 1990 n u .. 1988 1990 1989 Annual 1989 Sept. Aug. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. DOMESTIC TRADE—Continued RETAIL TRADE t— Continued All retail stores—Continued Estimated sales (seas, adj.)— Continued r 91 125 Nondurable goods stores mil $ 16,792 General merch. group stores do.... Department stores excluding 13,582 leased departments do.... r 592 Variety stores do ... r Food stores do 29 361 r 27,712 Grocery stores do.... r 9513 Gasoline service stations do r 7719 Apparel and accessory stores # do Men's and boys' clothing and r 779 furnishings stores do ..., Women's clothing, specialty stores, r 2727 and furriers do 1 422 Shoe stores . . do Eating and drinking places.. do ., 14 511 r 5,121 Drug and proprietary stores do.... 1,684 Liquor stores do.... Estimated inventories, end of period: Book value (non-LIFO basis), (unadjusted), total mil. $.. 215 022 230 528 228,759 Durable goods stores # do .... 112 658 117 896 113,596 Bldg. materials, hardware, garden sup15747 15 211 15244 ply and mobile home dealers do Automotive dealers do 60987 65 151 59380 Furniture, home furnishings, and equipment do .... 16117 16130 16156 Nondurable goods stores # do..., 102,364 112,632 115,163 General merch. group stores do..., 42,672 36,068 40,479 Department stores excluding leased departments do .... 27,920 31,572 32,859 22223 Food stores do 21 844 23495 Apparel and accessory stores do .... 19,738 16,502 17 048 Book value (non-LIFO basis), r (seas adj.), total do 219 791 235 514 233 930 Durable goods stores # .. do 112254 117 169 119 251 Bldg. materials, hardware, garden sup15,946 15,842 ply, and mobile home dealers do..., 15,928 Automotive dealers do 59080 62945 r65 053 Furniture, home furn., and equip do.... 16,179 16,205 16,247 Nondurable goods stores # do..., 107 537 118 345 114 679 General merch. group stores do.... 39,718 44,597 '42,581 Department stores excluding leased departments do .... 30,614 34,656 rr33,091 21733 23 399 22 615 Food stores do Apparel and accessory 18035 18652 18 979 Firms with 11 or more stores: Estimated sales (unadj.), total mil. $.. 608,039 649,144 54,922 Durable goods stores do 6582 72941 77 600 Auto and home supply stores do .... 767 8,240 7,546 Nondurable goods stores # do.... 535,098 571,544 48,340 General merchandise group stores do 176 335 186 082 15261 Food stores . do 16537 185 099 196 000 Grocery stores do.... 182,709 193,503 16,348 Apparel and accessory stores do .... 45,474 49,667 4,558 Eating places do .... 41,686 44426 4,015 Drug stores and proprietary stores ... ' do 3017 33759 36685 Estimated sales(sea. adj.), total* do.... 54337 Auto and home supply stores do.... 699 Department stores excluding leased departments do 13 135 Variety stores do.... 468 Grocery stores do 16 138 Apparel and accessory stores do.... 4,234 Women's clothing, specialty stores, and furriers do .... 1,481 Shoe stores do 907 Drug stores and proprietary stores do.... 3,098 1 r 91 742 17,154 91617 17,054 92572 17,278 93121 17,313 93660 17,526 94867 17,944 94,639 17,621 94,266 17,317 94,256 17,009 95,591 17,577 r 96,001 17,716 r 13,841 r 600 r 29 399 r 27,759 r 9612 r 7677 13,756 625 29 513 27,849 9672 7678 13,898 669 29704 27,991 9773 7,822 14,030 614 29874 28,131 9940 7681 14,162 590 29864 28,062 10061 7,651 14,498 605 30296 28,466 10041 7814 14,322 584 30380 28,552 9992 7,937 14,050 590 30,562 28,690 9,863 7,756 13,744 594 30392 28,575 9,958 7,970 14,256 592 30,646 28,820 10,060 8,067 14,319 r 598 r 30,705 r 28,854 10,107 r 8,081 14,398 1 14,218 609 r 30,560 '31,048 r 28,713 '29,179 10,815 ' 11,344 r 8,101 '7,977 785 794 795 807 798 826 772 802 799 r 789 r 2686 1422 14 589 r 5223 1,697 2705 1401 14,597 5,234 1,659 2713 2736 1 445 1403 14,504 14,613 5,232 5,302 1,630 1,656 233 504 245,244 250,415 230,528 113 953 118,190 121,655 117,896 15600 60671 2691 1405 14,779 5,400 1,663 2824 2701 1 431 1428 15,191 15,168 5,346 5,298 1,716 1,701 225,652 228,184 233,287 113,289 114,316 116,322 15391 61129 15835 61375 2805 1,399 15,104 5,438 1,706 16765 60543 16156 112,632 40,479 35,044 22589 38,546 23789 39,853 24333 31,572 23495 31,605 23287 32,904 23059 34,258 23350 34,608 23 485 33,503 23937 32,690 24,019 20,236 21,020 21,046 17,048 16,985 17,800 18,474 18,936 18,812 18,482 15,878 66574 15,984 63685 16,270 16,524 115 083 116 492 42,933 43,511 33,375 22707 33,783 23169 15633 58,733 r 33,578 r 23 974 34,416 23,997 19,647 20,306 r 233 701 232 000 232 562 232 847 234 814 234 517 236 400 239547 114 194 113 552 113 951 113 730 114 870 115 128 116 207 119 355 15,883 60113 15,819 59039 16,643 16,205 117 567 118 345 44,203 44,597 16,417 119507 44,843 16,452 118448 44,277 34,656 23399 35,078 23 469 34,782 23372 34,475 23311 788 2,803 1,535 '15,486 15,331 r 5,592 '5,613 1,763 16,078 15,988 16,261 15909 16,174 16,185 16,218 15,990 120,661 112,363 113,868 116,965 118,307 117,595 116,088 118,506 40,354 41,820 43,498 43,768 42,540 41,615 r42,771 44,005 15,946 62945 15,965 63616 15952 r 59 919 16671 61321 16 900 61 229 16514 17,681 17,808 119,551 d27,054 128,760 45,386 49,685 50,700 236 131 234 942 236 234 235 514 121 048 118450 118 667 117 169 97,668 '17,583 234,017 234,582 232,905 r233,336 234,568 115,710 116,987 116,817 114,830 113,907 15244 65 151 16548 61876 791 2858 1,494 15,352 r 5,566 1,731 2,897 1,452 15,267 5,509 1,715 2,829 1,413 15,167 5,434 1,678 15454 63436 15624 58752 r r 96,804 17,746 15,912 58916 16,105 58296 16,470 16,448 118611 119 117 44,112 43,636 34,674 23431 34,299 23671 16,234 59045 16,185 59257 15,904 r 60 725 15,759 64200 16,465 16,356 16,398 16,392 119 944 119389 120 193 120192 43,706 43,553 '43,765 43,959 34,292 24 118 34,266 24085 r 34,581 r 24 220 34,694 24422 19 488 18948 18920 18926 18 652 18956 18 757 18755 19 147 19216 19292 19 608 52,409 6267 722 46,142 53,425 6319 753 47,106 60,036 7 129 735 52,907 80,162 10362 712 69,800 47,395 5492 617 41,903 46,399 5307 605 41,092 55,359 6355 749 49,004 53,798 6340 733 47,458 56,832 7028 795 49,804 r 56,559 r 6900 823 r 49,659 54,371 6730 806 47,641 14247 16293 16,113 4,129 3734 15088 16031 15,844 4,089 3,797 19403 16618 16,408 4,844 3,613 30047 18574 18,188 7,319 3754 11 046 16 308 16,103 2,951 3468 11 642 15464 15,247 2,997 3404 14902 17574 17,343 4,232 3929 14623 16 562 16,316 4,189 3871 15561 17*529 17,316 4,244 3959 15 379 17 599 17,398 r 4,287 r 4001 13941 17 374 17,174 3,911 4056 2919 54806 711 2967 54653 709 3 127 55295 712 4368 55542 724 3 136 56277 729 2921 57 118 781 3 181 56837 754 3272 56367 740 3337 56238 733 r'3 271 r 57r 231 760 3 186 57489 761 13327 471 16259 4,231 13314 482 16368 4,193 13426 521 16507 4,268 13579 487 16580 4161 13692 468 16601 4221 14069 486 16792 4349 13926 460 16805 4415 13627 464 16960 4237 13323 460 16844 4399 13r818 461 17 007 r 4 537 13 847 467 17 140 4513 1467 909 1476 888 1498 910 1472 862 1 475 876 1 476 912 1 526 917 1 496 902 1 561 891 1r 639 914 1 585 928 3,145 3,153 3,188 3,091 3,220 3,235 3,213 3,325 3,324 r 3,372 3,382 189 198 125 458 1 669 187,529 123,789 117 093 6697 189 326 125 473 1 657 187,669 123,816 117 359 6457 189 467 126 279 1 639 187,828 124,640 118 277 6*363 189 607 127 937 1 630 187,977 126,3(37 119 605 6702 189 763 128 527 1 627 188,136 126,900 119 954 6945 LABOR FORCE, EMPLOYMENT, AND EARNINGS LABOR FORCE AND POPULATION Not Seasonally Adjusted Noninstitutional population, persons 16 years of age and over thous . 186,322 123 378 Labor force @ do Resident Armed Forces do 1709 Civilian noninstitutional population do.... 184,613 Civilian labor force, total do.... 121,669 Employed do.... 114 968 Unemployed do .... 6,701 Seasonally Adjusted 0 Civilian labor force total do Participation rate f • percent 659 Employed, total thous .. Employment-population ratio t percent .. 62.3 Agriculture thous .. 3,169 Nonagriculture do.... 111,800 Unemployed total do Long term, 15 weeks and over do.... 1610 See footnotes at end of tables. 188,081 125 557 1688 186,393 123,869 117 342 6528 665 63.0 3199 114,142 1375 188,286 188,428 188,580 188,721 127 132 125 530 126 125 126 368 1702 1709 1 704 1688 186,598 186,726 186,871 187,017 125,444 123,828 124,416 124,664 119,092 117 498 118,194 118,168 6,495 6,222 6,352 6,330 188,865 125 698 1 700 187,165 123,998 117 698 6,300 124 070 124 023 124 148 124 488 124 546 666 664 665 664 665 117,550 117,419 117,585 117,836 117,888 62.9 62.9 63.0 63.0 63.0 3,197 3,275 3197 3,160 3219 114,275 114,200 114,388 114,676 114,691 6563 6652 6604 6658 6520 1338 1359 1378 1422 1362 188,990 124 990 1 697 187,293 123,293 116 037 7,256 189 090 125 120 1 678 187,412 123,442 116 308 7134 124 397 664 117,863 62.9 3134 114,728 6535 124 630 124 829 124 886 125 004 124 836 124 767 124 660 124 967 665 666 666 66 5 662 663 664 66 3 118,035 118,334 118,116 118,350 118,389 117,953 117,658 117,898 63.0 63.1 63.0 62.9 62.7 62.6 63.0 62.5 3079 3200 3 133 3348 3 305 3 181 3 137 3085 114,957 115,133 114,983 115,045 115,041 114,867 114,521 114,717 6 594 6495 6 770 7 003 6 447 6 653 7 069 6 814 1430 1 369 1 333 1 386 1 374 1 406 1 513 189 901 127 652 1 640 188,261 126,012 119 174 6837 1 609 190 002 126 380 1 601 188,401 124,779 117 961 6818 1 620 S-10 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 ,, .. umw Annual 1988 October 1990 1990 1989 1989 Aug. Nov. Oct. Sept. Jan. Dec. Mar. Feb. Apr. June May Aug. July Sept. LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued LABOR FORCE—Continued Seasonally Adjusted 0 Civilian labor force —Continued Unemployed—Continued Rates(unemployed in each group as percent of civilian labor force in the group): All civilian workers Men 20 years and over Women, 20 years and over Both sexes, 16-19 years White Black Hispanic origin , Married men, spouse present Married women, spouse present , Women who maintain families , Industry of last job: Private nonagricultural wage and salary workers Construction Manufacturing , Durable goods , Agricultural wage and salary workers .... Not Seasonally Adjusted Occupation: Managerial and professional specialty Technical, sales, and administrative support Service occupations Precision production, craft, and repair... Operators, fabricators, and laborers ... Farming forestry and fishing 53 45 4.7 15.0 45 114 80 30 37 81 53 45 4.7 14.8 45 112 88 31 3.9 8.0 53 48 4.5 15.0 45 117 83 33 38 77 53 45 4.8 14.9 45 117 80 30 3.9 7.8 53 46 4.8 15.3 45 119 80 31 38 82 53 46 4.8 15.2 46 11.8 8.5 3.0 3.9 8.1 53 47 4.6 14.5 45 113 7.1 3.4 3.7 7.5 53 46 4.8 14.8 46 10.5 7.8 3.0 3.8 7.5 52 45 4.7 14.4 45 106 77 3.2 3.6 8.4 54 48 4.8 14.7 48 104 80 33 3.5 7.5 53 47 4.6 15.5 46 10.4 7.7 3.3 3.5 7.4 52 47 4.5 14.1 45 104 7.1 3.2 3.7 8.0 55 49 4.7 16.3 46 11.3 7.9 3.3 3.5 8.5 56 50 4.9 16.7 48 11.8 7.8 3.5 3.9 8.5 57 51 5.0 15.5 4.8 12.1 8.7 3.4 4.0 8.9 5.5 106 5.3 5.0 10.6 5.3 100 51 48 9.6 5.4 102 5.2 4.9 9.0 5.4 101 52 49 7.8 5.3 93 5.4 5.2 9.8 5.4 98 54 54 12.1 5.4 9.8 5.6 5.4 9.7 5.5 9.3 5.9 5.8 9.2 5.5 8.9 5.9 5.5 9.3 5.5 10.0 5.5 5.3 10.1 5.7 106 5.9 5.7 11.0 5.5 11.5 5.4 5.5 7.9 5.3 9.7 4.9 4.9 10.0 5.5 10.2 5.7 5.6 10.6 5.7 11.1 5.8 5.9 9.7 5.8 11.8 5.7 6.0 9.3 1.9 2.0 2.1 2.3 1.9 2.0 1.9 1.9 1.9 1.8 1.8 1.9 2.2 2.4 2.6 2.5 40 69 5.4 8.4 72 39 66 5.2 8.0 66 39 64 4.5 7.5 51 40 65 4.6 7.5 46 41 63 4.5 7.3 63 38 69 4.7 8.0 85 35 64 5.5 8.2 7.3 44 65 6.5 10.8 80 43 68 6.8 9.5 84 38 64 6.0 9.5 78 38 63 5.7 8.9 67 37 67 5.1 8.0 4.4 41 62 4.8 7.3 47 42 65 4.9 7.6 5.6 44 64 5.3 7.4 5.3 45 69 5.8 7.3 5.4 110,168 110,189 91,893 91,964 108,150 90,167 55 48 4.9 15.3 47 117 82 33 39 8.1 *" EMPLOYMENT § Employees on nonfarm payrolls by industry: Total, not adjusted for seas, variation thous. 105,536 108,413 108,366 109,195 90,644 91,636 91,583 Private sector (excl. government) do ... 88,150 Seasonally Adjusted Total employees nonfarm payrolls do 105 536 108 413 108 628 108 868 90797 90985 88150 90644 Private sector (excl government) . do Nonmanufacturing industries ... do. 68,800 71218 71367 71615 Goods-producing do . 25,173 25326 25,356 25304 709 706 700 713 Mining do.. 5225 5,220 5,200 5,110 Construction.. do.. 19,430 19,370 19,426 19,350 Manufacturing do... 11,369 11,416 11,381 11,422 Durable goods do... 753 758 750 769 Lumber and wood products doFurniture and fixtures do... 524 525 526 528 563 568 569 569 Stone clay and glass products do 772 772 771 Primary metal industries do ... 767 1,442 1,446 1,432 Fabricated metal products do .. 1,438 Industrial machinery and 2132 2132 2092 equipment . . do 2135 Electronic and other electrical 1,743 1,750 1,753 1,766 equipment do .. 2,041 2,056 2,054 2,038 Transportation equipment do... 1,027 1,026 1,023 1,033 Instruments and related products do .. 388 388 386 384 Miscellaneous manufacturing.... do .. 8,014 8,004 8,001 7,969 Nondurable goods do . 1,653 1,649 1,645 1,631 Food and kindred products do.. 48 49 Tobacco manufactures do 49 55 720 724 729 Textile mill products . . do 724 Apparel and other textile 1,075 1 070 1074 1088 products . ... . do 697 700 690 Paper and allied products do . 697 1,566 1,566 1,564 1,548 Printing and publishing i do.. 1,074 1,075 1,076 1,059 Chemicals and allied products do157 157 157 160 Petroleum and coal products do .. 883 884 880 868 Rubber and misc. plastics products do .. 135 135 136 143 Leather and leather products do.. 83,272 83,564 80,363 83,087 Service-producing ' ... . do . 5,561 5,527 5,656 5,648 Transportation and public utilities do .. 6303 6294 6271 6055 Wholesale trade do 19,620 19634 19,077 19580 Retail trade .. do 6,753 6,740 6,724 6,649 Finance, insurance, and real estate do.. 27226 27335 25669 27096 Services do 17,831 17883 17769 17,386 Government do 2,992 2,996 2,988 2,971 Federal . do .. 4,215 4,191 4,175 4,076 State do .. 10,644 10,676 10,606 10,339 Local do... Production or nonsupervisory workers on private 74,398 74,320 73,474 71,383 nonfarm payrolls, not seas, adjusted thous.. 13324 13,336 13257 13,221 Manufacturing do . Seasonally Adjusted Production or nonsupervisory workers on private 73610 73746 71383 73474 nonfarm payrolls thous 17,843 17,786 17,722 17,815 Goods-producing do ... 505 504 512 499 Mining do ... 4,077 4076 4,059 3,990 Construction . .. do 13,263 13,204 13,221 13,257 Manufacturing do.. 7,567 7,615 7,615 7,596 Durable goods do... 620 623 627 640 Lumber and wood products do... 417 419 420 421 Furniture and fixtures do... 440 443 444 444 Stone, clay, and glass products do... 584 589 589 590 Primary metal industries do... 1063 1068 1064 Fabricated metal products do 1071 Industrial machinery and equipment do ... 1,289 1,259 1,285 1,286 Electronic and other electrical 1,114 equipment . .. do 1,104 1,108 1,108 1,274 Transportation equipment do... 1,266 1,283 1,280 Instruments and related 509 509 509 products do 506 Miscellaneous manufacturing ....do .... 281 282 284 281 See footnotes at end of tables. 109,719 91,606 108 980 109 245 109 383 91096 91344 91456 71762 72038 72172 25283 25,280 25218 718 710 716 5216 5,258 5239 19284 19,334 19,306 11,337 11,314 11,296 753 753 752 519 521 521 566 566 567 759 760 764 1,426 1,429 1,433 108,673 109,343 110,059 90,335 90,807 91,456 110,341 "110,854 111,073 111,774 110,477 92,211 93,150 r93,008 r93,132 P92,812 740 110 657 P110 556 109 654 109 958 110 122 110 177 110 617 110 829 110 91656 91917 91 963 91922 92120 92282 rr92 300 rr92,307 P"92 240 72,485 72,673 72,746 72,732 72953 73,134 r73 169 r73,224 P73,223 25,013 24,929 25,188 25,339 25,259 25,180 25,191 25,162 25,105 r "738 745 r 736 744 738 734 729 723 727 r 5,194 "5,174 5,229 5,294 5,270 5,286 5,256 5,313 5,368 "19,017 19,083 19,131 19,167 19,244 19,217 19,171 19,148 19,190 "11,072 11,130 11,192 11,278 11,261 11,229 11,217 11,201 11,179 r r "737 742 739 743 748 750 751 751 753 r r "509 514 516 511 515 516 518 518 519 "546 552 551 559 568 556 560 565 567 r 755 p "751 '759 755 754 756 756 755 754 l,413 1,420 1,419 1,417 1,415 1,419 1,418 1,418 1,412 2125 2129 2130 2,132 2126 2,119 2112 2112 2,108 r r 2,096 "2,083 1,737 2,031 1,021 386 7,997 1,651 48 721 1,732 2,023 1,018 383 7,992 1,651 48 718 1,722 2,024 1,011 386 7,988 1,650 47 716 1,722 1,933 1,011 389 7,979 1,651 47 t 715 1,720 2,023 1,009 389 7,966 1,650 47 711 1,718 2,022 1,008 388 7,956 1,648 46 709 1,713 2,014 1,005 385 7,961 1,651 46 708 1,711 2,010 1,002 387 7,950 1,650 46 703 1,703 2,021 1,000 384 7,947 1,643 47 702 1,695 r 2,015 r 996 386 r 7,952 1,645 46 r 702 1,685 1,997 r 990 r 383 r 7,953 1,650 r 47 r 701 p 1066 697 1,567 1,076 158 878 135 83,697 5,671 6313 19665 6,756 27408 17884 2,986 4,202 10,696 1064 697 1,571 1,077 158 875 133 83,965 5,693 6335 19,714 6,774 27548 17,901 2,982 4,212 10,707 1061 698 1,573 1,081 157 873 132 84,165 5,776 6344 19,710 6,785 27623 17927 2,977 4,206 10,744 1,053 697 1,576 1,081 158 869 132 84,466 5,790 6,356 19,807 6,794 27721 17,998 3,000 4,225 10,773 1,045 699 1,576 1,083 159 865 131 84,619 5,804 6357 19,758 6,817 27842 18,041 3,005 4,239 10,797 1,037 698 1,578 1,083 159 867 131 84,863 5,808 6,361 19,764 6,821 27950 18,159 3,089 4,249 10,821 1,036 699 1,579 1,084 159 869 130 84,997 5,809 6363 19,778 6,823 27969 18,255 3,151 4,252 10,852 1031 698 1,581 1,085 159 868 129 85,426 5,833 6369 19795 6,838 28094 18497 3346 4262 10,889 1,029 699 1,582 1,086 160 871 128 85,667 5,846 6383 19,822 6,844 28225 18,547 3,338 4296 10,913 1027 701 1,583 1,088 160 874 126 T 85,635 r 5,841 r 6374 19 851 r 6,842 r 28 287 18 440 r 3164 r 4298 10978 1,025 702 1,583 1,087 161 r 873 124 r 85,644 r 5,845 r 6375 19 838 r 6,850 r 28 386 18 350 r 3049 r 4317 10,984 P 74,351 13,270 74,600 13,221 74,633 13,152 72,876 12,887 73,004 12,977 73,432 12968 74,051 12984 74,733 12992 75,590 13090 r r 73838 17,764 507 4,086 13,171 7,541 622 415 442 581 1059 74,045 17,759 512 4,103 13,144 7,519 621 414 443 578 1055 74115 17,696 514 4,058 13,124 7,506 621 412 442 576 1052 74,300 17,662 518 4,135 13,009 7,400 622 412 443 572 1039 74512 17,810 521 4,205 13,084 7,488 620 411 444 575 1 044 74545 17,742 523 4158 13061 7,479 620 411 440 573 1 044 74496 17,667 527 4094 13046 7,461 619 409 436 574 1 047 74651 17,673 530 4120 13023 7,450 617 408 434 574 1 045 74827 r74 799 r74 771 "74 686 17,651 17,613 17,525 "17,445 r "530 528 '537 537 r r 4030 "4004 4066 4 107 "12911 12 967 13007 13010 r 7,438 '7,396 "7,347 7,439 610 607 612 "606 r r "402 406 404 408 r r "425 428 429 432 577 "570 573 574 1 043 1 047 1 046 "1 041 2104 75,438 12 919 1,277 1,282 1,282 1,284 1,280 1276 1 274 1274 1270 1271 1,101 1,257 1,096 1,248 1,090 1,250 1,086 1,154 1,083 1,244 1,084 1,246 1,082 1,239 1,080 1,238 1,078 1,250 1,073 1,253 505 282 502 280 503 285 503 284 503 282 499 282 502 279 499 281 495 277 493 '281 75,571 13 032 l,672 "1,983 "994 "384 "7,945 "1,649 "47 "697 1025 P 701 p l,581 p 1,089 P 162 P 870 "124 85,627 P 5,859 P 6374 "19 828 P 6,843 "28 407 "18 316 P 3010 "4297 "11 009 P P 75,249 P 13041 1261 "1 248 1,067 1,240 "1,059 "1,227 r 490 '278 "490 "279 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 S-ll SURVEY OF CURRENT BUSINESS October 1990 rT .. uniw 1988 1990 1989 Annual 1989 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued EMPLOYMENT §-Continued Seasonally Adjusted Production or nonsupervisory workers—Continued Nondurable goods thous . Food and kindred products do.... Tobacco manufactures do.— Textile mill products do.... Apparel and other textile products .. ... do Paper and allied products do.... Printing and publishing ..do Chemicals and allied products doPetroleum and coal products do ... Rubber and misc. plastics products do ... Leather and leather products do... Service-producing do Transportation and public utilities do ... Wholesale trade do Retail trade do Finance, insurance, and real estate do... Services do ... AVERAGE HOURS PER WEEK § Seasonally Adjusted Average weekly hours per worker on private nonfarm payrolls: <> Not seasonally adjusted hours. Seasonally adjusted do... Mining... do Construction $ do Manufacturing: Not seasonally adjusted doSeasonally adjusted doOvertime hours do.. Durable goods do... Overtime hours do... Lumber and wood products do... Furniture and fixtures.... do... Stone, clay, and glass products ...do ... Primary metal industries do Fabricated metal products do... Industrial machinery and equipment do... Electronic and other electrical equipment do Transportation equipment do ... Instruments and related products do ... Nondurable goods Overtime hours Food and kindred products Tobacco manufactures $ Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products $ Rubber and misc. plastics products Leather and leather products Transportation and public utilities Wholesale trade. ... Retail trade Finance, insurance, and real estate $ Services 5,572 1,182 34 602 '5,571 1,186 35 '602 "5,564 "1,187 "34 "599 5642 1,177 37 626 5648 1,180 36 626 5,637 1,183 36 622 5630 1,184 36 622 5,625 1,183 36 619 5618 1,182 35 617 5,609 1,185 35 615 5,596 1,183 35 612 5582 1,183 35 609 5,585 1,188 33 609 5,573 1,187 34 604 5,568 1,179 34 603 915 517 867 597 104 675 118 53660 4,574 4878 16917 906 522 868 603 103 688 113 55660 4,694 5048 17353 907 523 868 605 103 688 112 55767 4,626 5066 17396 903 522 867 604 103 685 112 55960 4,700 5071 17402 898 522 867 605 103 682 111 56074 4,718 5081 17425 896 522 870 605 104 679 111 56286 4/737 5094 17475 894 523 873 605 103 677 109 56419 4,801 5099 17465 886 524 875 604 103 673 109 56638 4,821 5 116 17550 879 525 876 603 104 670 109 56702 4,826 5111 17497 870 524 876 601 105 670 109 56803 4,833 5111 17506 869 525 875 601 104 673 108 56829 4,831 5109 17 517 865 523 876 601 104 672 107 56978 4,848 5 106 17533 863 525 877 600 105 676 106 57 176 4,866 5 130 17563 860 526 880 '602 105 '677 104 r 57 186 r 4,852 '5 118 17 588 "858 '859 "528 '527 "878 880 "600 '598 "105 105 "674 '677 "101 102 '57 246 "57241 '4,853 "4,861 '5116 "5110 17562 "17 544 4,825 22,467 4,870 23,695 4882 23,797 4,897 23,890 4,901 23,949 4,914 24,066 4923 24,131 4,938 24,213 4958 24,310 4960 24393 4961 24,411 4970 24521 4970 24,647 '4965 '24 663 '4,969 "4962 '24,746 "24,764 34.7 34.6 423 379 430 37 9 34.9 34.5 434 389 34.7 34.6 437 386 34.8 34.6 436 392 34.5 34.5 437 380 34.6 34.4 430 370 34.1 34.4 436 376 34.2 I 34.6 437 37 3 34.3 34.6 43 5 379 34.4 34.5 434 373 34.4 34.5 436 382 34.8 34.7 444 39 1 34.9 34.5 437 383 34.8 34.5 '438 390 "34.8 "34.7 "439 "39 1 41.1 41.0 39 418 4.1 40.1 39.4 42.3 435 41.9 '38 41.6 3.9 40.1 39.5 42.3 430 41.6 40.9 41.0 38 416 3.9 40.1 39.5 42.5 428 41.5 41.2 40.9 38 415 38 401 39.5 42.2 426 41.5 40.9 40.8 37 41.3 3.7 40.3 39.2 42.4 425 41.4 41.1 40.7 37 41 2 37 402 39.4 42.4 425 41.3 41.3 40.6 37 41 2 37 400 39.1 41.6 425 41.2 40.6 40.7 36 413 36 404 39.6 423 426 41.1 40.4 40.8 36 41 3 36 401 39.3 42.2 425 41.4 40.7 40.8 37 414 38 404 39.2 420 427 41.5 39.8 40.7 35 41 2 35 402 39.0 420 41 8 41.2 40.9 40.9 38 415 39 404 39.2 421 430 41.7 41.1 41.0 38 41 6 39 403 39.3 423 430 41.6 40.5 40.9 r 37 r 415 r 38 402 '39.6 '41 7 43 1 '41.7 '40.8 41,0 '38 41 6 '39 404 '39.4 423 '430 41.6 "41.2 "41.0 "37 "41 6 "38 "407 "38.9 "42 1 "430 "41.5 r r 42.7 42.4 423 422 421 422 421 421 421 420 418 421 420 '420 '421 "42 1 410 42.7 408 42.4 410 42.5 41 0 42.7 41 0 41.3 408 41.0 405 41.7 409 41.5 41 1 41.6 41 0 42.0 409 41.9 409 42.5 410 42.6 '407 42.8 '405 '42.7 "409 "42.7 41.4 39 2 40.2 3.6 40.3 39.8 410 41.1 41.0 40.9 41.0 41.0 41.0 40.9 41.0 41.1 41.2 41.1 41.2 '41.2 '41.3 "41.4 do ... do... do... do... do... 40.2 3.6 40.7 38.5 409 40.2 3.6 40.7 37.3 410 40.2 3.7 40.9 40.3 406 40.1 3.6 40.8 40.3 406 40.1 3.6 40.8 39.0 404 40.0 3.6 40.7 38.1 402 40.0 3.5 40.6 37.6 403 40.0 3.5 40.6 37.7 402 40.0 3.6 40.7 38.8 400 40.0 3.4 40.6 38.1 400 40.1 3.6 40.8 39.2 402 40.3 3.6 40.9 39.5 404 40.1 3.6 '40.5 '38.6 '402 40.2 3.7 '40.9 '38.1 '399 "40.1 "3.6 "41.1 "38.8 "397 do do ..do... . do.... do... do.... do.... do.... do do 370 433 38.0 42.2 444 41.7 37.5 38.8 381 291 369 433 37.9 42.4 44.3 41.4 37.9 38.9 380 289 369 435 37.8 42.4 438 41.2 38.1 38.6 380 289 368 432 38.0 42.5 444 41.1 38.2 38.8 381 289 369 433 37.8 42.5 452 41.1 37.7 38.8 381 289 368 434 37.9 42.4 448 41.1 37.6 38.6 38-1 288 364 432 37.7 42.6 454 40.9 37.4 38.6 38 1 288 366 432 37.9 42.7 440 40.8 37.4 38.3 380 288 366 43 1 37.9 42.4 440 41.2 37.7 38.7 380 289 363 432 38.0 42.5 442 41.4 37.7 39.0 38 1 290 364 433 37.8 42.6 445 40.9 37.5 39.0 38 i 290 366 433 37.9 42.6 442 41.4 37.4 39.1 380 290 367 435 38.0 42.6 468 41.6 37.5 39.2 38 1 290 366 43 5 '38.0 '42.4 '447 41.5 '37.4 39.0 38 i 289 366 '435 '382 42.5 '43 8 '41.3 '37.7 '39.0 '38 1 287 "367 "429 "38.0 "42.7 "443 "41.3 "37.4 "39.3 "38 1 "289 do .... do ... 35.9 32.6 35.8 32.6 358 325 356 326 361 327 356 326 356 326 356 325 357 326 356 325 36 1 326 355 325 358 326 362 326 357 '325 "362 "328 AGGREGATE EMPLOYEE-HOURS § Seasonally Adjusted Employee-hours, wage & salary workers in nonagric. establish, for 1 week in the month, seas adj at annual rate bil hours Total private sector do Mining do... Construction do ... Manufacturing do Transportation and public utilities do ... Wholesale trade doRetail trade do Finance, insurance, and real estate do.... Services do.... Government .do.... Indexes of employee-hours (aggregate weekly): <> Private nonfarm payrolls, total 1982=100 .. Goods-producing do .... Mining do Construction do Manufacturing .. . do Durable goods .... . do Nondurable goods do.... Service-producing do .. Transportation and public utilities do.... Wholesale trade do.... Retail trade do Finance, insurance, and real estate . do Services .do.... See footnotes at end of tables. r 5,625 1,158 41 632 r r 202 73 r203 78 r203 89 204 58 r206 16 '205 55 166 59 167 55 167 55 167 46 167 75 168 64 '168 23 1 65 1 65 1 64 1 72 1 67 1 66 '1 69 1080 1063 10 22 1056 10 57 1043 '10 22 r r r 4083 4067 '4081 '40 67 '40 77 '40 69 4083 11 53 11 68 11 86 11 78 11 78 '11 85 11 92 1256 1256 1261 1259 1260 12 63 12 65 r r r r 2969 2966 29 83 29 80 '29 89 29 85 '29 83 1258 1266 r 4733 r r 4768 r 3623 1263 r 4772 '3635 3613 1281 90 3541 r 47 r rqn Q 204 gg "205 75 167 90 "168 82 "1 69 1 68 10 31 "10 44 40 66 "40 49 11 85 "11 97 12 63 "12 63 29 61 "29 80 1262 96 3683 12 74 '4833 '37 52 '1288 '4843 '37 32 12 72 48 45 3696 "12 88 "48 93 "3692 r 47 r 119.7 111.7 618 1371 1095 1100 108.9 1232 122.8 112.1 613 1397 1095 1097 109.3 1276 122.8 112.4 624 141 0 1096 1097 109.4 1275 123.2 111.9 629 1406 1090 1089 109.2 1282 123.4 111.6 631 141 7 1083 1079 109.0 1288 123.5 111.6 638 1430 1080 1074 108.8 1288 123.3 110.4 630 1381 1076 1071 108.3 1291 123.6 111.1 644 1449 1068 1059 108.2 1293 124.4 112.1 649 1477 107 6 1072 108.0 1299 124.4 111.5 649 144 6 107 5 107 3 107.8 1302 124.2 110.1 65 2 138 6 107 0 106 5 107.6 1305 124.6 111.2 65 9 142 1 107 5 107 3 107.9 130 6 125.3 111.7 68 0 144 3 107 6 107 1 108.2 131 4 124.8 110.5 124.5 110.5 '138 4 107 4 '107 1 107.7 131 2 '139 8 '107 1 106 5 107.9 '130 8 "125.2 "110.2 "66 4 "139 9 "106 6 "105 9 "107.7 "131 9 108.4 113.8 121 3 111.6 117.7 123 6 109.2 118.0 1237 1115 118.4 1238 112.0 118.7 1239 1118 119.0 1238 113.4 119.1 1238 1129 1192 1244 1142 119 1 124 4 1153 1194 124 9 1152 1193 125 0 1160 1189 125 1 1167 1198 125 3 115 8 119 5 '125 1 '1153 '119 5 124 0 "116 9 "119 3 "124 8 1195 1329 1205 140.1 1207 1404 1207 141 4 1218 142 1 121 1 1424 121 0 1428 121 4 1428 1222 1438 1223 1439 122 6 144 4 122 5 144 6 1229 145 8 123 1 145 9 '122 8 '146 0 "124 4 "147 4 rgg 9 rgg Q S-12 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 SURVEY OF CURRENT BUSINESS Annual ., n 1988 October 1990 1990 1989 1989 Sept. Aug. No, Oct. Jan. Dec. Feb. Apr. Mar. May June July Sep.. Aug. LABOR FORGE, EMPLOYMENT, AND EARNINGS—Continued HOURLY AND WEEKLY EARNINGS § Average hourly earnings per worker: <} Not seasonally adjusted: Private nonfarm payrolls Mining Construction Manufacturing Excluding overtime Durable goods Excluding overtime Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment $$ Electronic and other electrical equipment $$ Transportation equip. $$ Instruments and related products Miscellaneous manufacturing dollars do do .... do do .. do. .. do.... do.... do.... do.... do.... do.... 928 966 961 977 981 981 984 987 991 993 997 997 998 1280 1308 1019 9.73 10.71 10.22 8.59 7.95 10.56 12.16 10.29 1325 1352 1049 1002 1101 10.52 8.84 8.26 10.83 12.42 10.57 1322 1351 1046 9.99 10.99 10.50 8.90 8.30 10.85 12.42 10.54 1329 1365 1056 1006 11.11 10.59 8.95 8.40 10.87 12.54 10.68 1323 1371 1054 10.06 11.07 10.57 8.96 8.41 10.90 12.50 10.61 1327 1369 1059 10 11 11.11 10.61 8.96 8.41 10.95 12.57 10.65 1346 1384 1068 1020 1119 10.69 901 8.43 10.96 12.59 10.72 1346 1359 10.60 10.16 11.06 10.60 9.00 8.45 10.96 12.56 10.60 1346 1359 10.68 10.25 11.18 10.73 8.95 8.42 10.93 12.66 10.70 1357 13.63 10.75 10.30 11.25 10.78 9.05 8.43 11.03 12.71 10.75 1366 1358 10.75 10.37 11.22 10.84 9.09 8.42 11.18 12.86 10.65 1356 13.68 10.81 10.36 11.33 10.84 9.11 8.47 11.15 12.82 10.79 1366 13.63 10.85 10.37 11.37 10.86 9.09 8.52 11.17 12.90 10.85 1000 1369 1370 10.88 10.41 11.38 10.90 9.16 8.50 11.21 13.04 10.86 10 00 13.62 13.74 10.82 10.33 11.35 10.84 r 9.15 r 8.57 11.15 12.94 10.84 "1017 "13.74 "13.95 "10.94 "10.41 "11.49 "10.95 "9.20 "8.65 "11.22 "13.02 "10.95 do 1108 11 40 1137 11 46 1148 1153 1162 11.55 1160 11.64 1155 11.70 11.75 11.78 11.80 "11.92 do.... do..., 9.79 13.29 10.05 13.68 10.06 13.67 10.13 13.86 10.08 13.82 10.11 13.83 10.14 13.91 10.13 13.55 10.16 13.88 10.17 14.02 10.17 13.89 10.22 14.14 10.27 14.20 10.34 14.06 10.32 14.08 "10.42 "14.36 do 11.36 "11.45 Nondurable goods Excluding overtime Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products .. Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and misc. plastics products Leather and leather products Transportation and public utilities.. Wholesale trade Retail trade Finance, insurance, and real estate Services . ... 1060 1083 1090 1094 1097 1099 11 10 1109 11 13 11.19 1120 11.23 11.27 1137 do ., 800 829 do.... do.... do..., do ' do 9.45 9.04 9.12 1467 9.75 9.33 9.38 1536 8.20 9.73 9.29 9.32 1572 8.36 9.81 9.35 9.37 1471 8.36 9.81 9.37 9.33 1491 8.47 9.87 9.43 9.43 1501 8.57 9.96 9.53 9.56 1533 8.57 9.97 9.56 9.53 1549 8.56 9.97 9.58 9.54 1573 8.59 10.04 9.63 9.61 1646 8.56 10.10 9.73 9.61 1709 768 774 776 780 785 790 790 794 791 8.61 10.12 9.69 9.67 1724 8.02 8.60 10.20 9.76 9.68 1742 767 8.59 10.10 9.68 9.63 17 17 7.98 do .do.... do.... do.... do. .. do.... do.... ,.do.... do ... do ... 612 635 633 641 639 643 645 645 11.69 10.53 12.71 1497 9.19 6.28 12.26 9.98 6.31 11.96 10.88 13.09 1541 9.47 6.60 12.61 10.39 6.53 11.95 10.91 13.10 15.20 9:47 6.55 12.61 10.36 6.49 12.04 11.07 13.20 1541 9.50 6.65 12.73 10.48 6.59 12.13 11.09 13.32 1575 9.64 6.74 12.76 10.63 6.65 6.40 12.11 11.12 13.34 15.87 9.65 6.82 12.79 10.61 6.73 12.11 11.13 13.27 15.90 9.64 6.84 12.87 10.66 6.72 6.53 12.11 11.17 13.34 16.11 9.68 6.87 12.83 10.66 6.74 6.56 12.25 11.12 13.53 16.31 9.66 6.94 12.96 10.78 6.75 6.60 12.25 11.17 13.46 16.13 9.75 6.92 12.82 10.73 6.75 6.61 12.23 11.16 13.51 16.23 9.77 6.91 12.86 10.76 6.75 6.59 12.36 11.25 13.58 16.22 9.85 6.79 12.99 10.82 6.74 906 954 939 947 960 949 973 968 9.80 9.72 9.87 9.75 9.84 9.76 9.97 9.82 9.90 9.77 9.90 9.75 10.00 9.79 9.98 13.58 13.71 10.81 12.88 10.74 6.76 987 980 do do . Seasonally adjusted: Private nonfarm payrolls dollars Mining .. . do Construction do Manufacturing ... do . Transportation and public utilities do... Wholesale trade do... Retail trade do ... Finance, insurance, and real estate do Services do Indexes of avg. hourly earnings, seas, adj.: <> Private nonfarm economy: Current dollars 1977 — 100. 1977 dollars do Mining do Construction do Manufacturing ... do Transportation and public utilities do ... Wholesale trade .. do . Retail trade do... Finance, insurance, and real estate do... Services .: do ... Hourly wages, not seasonally adjusted: Construction wages, 20 cities (ENR): §§ Common labor $ per hr . Skilled labor do Railroad wages (average, class I) do... Avg. weekly earnings per worker, private nonfarm: {> Current dollars seasonally adjusted 1982 dollars seasonally adjusted $.... Current dollars, not seasonally adjusted: Private nonfarm, total dollars. Mining do ... Construction do Manufacturing do ... Durable goods do... Nondurable goods do... Transportation and public utilities do ... Wholesale trade do... Retail trade do ... Finance, insurance, and real estate do Services do 738 8.88 9.30 See footnotes at end of tables. 970 958 12.10 11.07 13.28 15.62 9.54 6.68 12.71 10.56 6.63 967 9.61 1008 1004 992 9.92 "1014 "999 978 983 1332 1366 10.58 12.65 10.55 6.61 1340 1376 1062 12.73 10.60 6.64 906 888 954 939 956 944 965 949 972 955 966 955 975 961 17.74 2312 16.07 17.93 2315 16.21 18.10 2371 16.28 18.10 23.71 16.20 18.10 2371 16.55 18.21 23.71 16.10 18.16 18.27 18.27 2377 2388 2405 2405 16.10 17.98 2361 16.06 18.22 2357 15.00 17.79 2321 15.68 16.22 16.06 15.93 16.08 32202 266.79 33424 26422 33465 263.71 33666 264.25 33839 264.57 33741 262.99 33815 262.54 337.81 259.45 34185 261.35 343.58 261.48 34362 261.31 344 31 261.63 34804 262.87 34742 261.61 322.02 541.44 49573 418.81 447.68 379.89 334.24 569.75 51241 430.09 458.02 391.95 335.39 575.07 52554 427.81 453.89 392.12 339.02 584.76 52689 435.07 463.29 397.31 341.39 583.44 53743 431.09 458.30 395.34 338.45 581.23 520.22 435.25 461.07 398.75 340.46 588.20 51208 441.08 468.86 402.38 336.57 586.86 510.98 430.36 455.67 396.81 338.92 582.82 50691 431.47 458.38 394.81 340.60 583.51 51658 437.53 465.75 399.59 342.97 588.75 50653 427.85 452.17 395.92 342.97 585.79 52258 442.13 470.20 404.00 347.30 606.50 53293 445.94 474.13 407.84 475.69 380.24 183.62 490.53 394.82 188.72 490.53 393.68 192.10 495.20 399.29 190.45 496.86 401.48 191.03 491.88 402.34 189.62 493.81 406.07 194.85 483.46 401.06 189.11 494.21 402.95 190.18 496.52 404.01 192.09 504.14 410.72 195.75 498.70 407.74 194.40 506.68 411.03 197.78 179.0 (2) 1855 1583 1788 181.1 1827 165.9 195.7 189.8 (2) 933 17.33 2267 32525 289.49 158 973 963 977 967 982 972 988 979 "6.87 998 985 978 1332 1361 1057 12.71 10.54 6.60 996 "9.86 "6.94 "13.11 "10.92 10.08 13.72 13.78 10.90 13.01 10.84 6.82 973 1331 1356 10.55 12.68 10.48 6.57 13.59 13.62 10.75 12.96 10.74 6.74 r "6.70 "12.39 "11.41 "13.63 "16.35 1003 13.73 13.73 10.86 12.92 10.80 6.78 970 9.93 13.51 13.66 10.73 12.87 10.67 6.73 12.29 11.29 13.55 16.01 r 9.78 '6.84 12.97 10.77 6.75 "8.09 "1014 "13.75 "13.85 "10.93 "13.06 "10.92 "6.85 1330 1355 10.53 12.65 10.42 6.56 988 6.64 "9.70 "9.57 "15.76 1007 1379 13.76 10.89 13.02 10.84 6.79 966 1333 13.63 10.67 12.83 10.62 6.69 r "8.63 "10.19 "10.09 1325 1352 1049 12.61 10.39 6.53 982 10.12 9.65 r 9.54 16.23 r 8.04 9.94 r 9.77 928 13.33 13.55 10.57 12.78 10.57 6.68 8.60 801 1280 1308 1019 12.26 9.98 6.31 r r "9.99 (2) (2) (2) (2) (2) (2) (2) (2) 34153 306.11 339.03 305.04 EMPLOYMENT COST INDEX @ Civilian workers t • 6/89 — 100 Workers, by occupational group White-collar workers do Blue-collar workers do Service workers do Workers, by industry division Manufacturing do Nonmanufacturing do Services.. do Public administration .do HELP-WANTED ADVERTISING Seasonally adjusted index 1967 = 100 .. 12.01 11.06 13.27 15.60 9.50 6.65 12.74 10.51 6.61 r 151 147 34176 308.43 17.93 35017 314.22 344.25 312.33 34639 31460 34888 314.93 35236 315 90 35030 31622 35992 320 13 351 45 354 42 31557 31883 18.40 2412 15.88 r 347 76 259.72 18.42 2525 "351 86 r "260.64 349.00 596.88 52471 440.64 466.58 r 406.98 r 348.00 r "353.92 "608.68 r 511.81 414.41 200.18 r r r 36200 323 07 r r r 597.92 53586 r 441.46 r 467.62 407.84 509.72 410.34 198.45 354 86 320 46 r "545 45 "450.73 "479.13 "412.70 "516.53 "417 14 "198.54 "365 26 "326 67 1016 1026 104 3 1054 1069 102.0 101.1 101.7 102.9 102.0 102.8 104.6 103.6 104.2 105.8 104.8 105.1 107.5 105.8 106.6 101.1 101.9 102.7 102.5 102.0 102.8 103.7 103.2 104.0 104.3 105.5 105.1 105.3 105.5 106.6 105.5 106.4 107.0 109.0 107.8 146 151 145 149 146 140 139 137 134 132 132 127 122 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 S-13 SURVEY OF CURRENT BUSINESS October 1990 Annual ,, .. 1988 1990 1989 1989 Aug. Nov. Oct. Sept. Dec. Jan. June May Apr. Mar. Feb. Aug. July Sept. LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued WORK STOPPAGES Work stoppages involving 1,000 or more workers: Number of stoppages: Beginning in month or year number.. Workers involved in stoppages: Beginning in month or year thous .. Days idle during month or year do.... UNEMPLOYMENT INSURANCE t State programs: Initial claims .... thous Average weekly insured unemployment do.... Rate of insured unemployment @ percent.. Total benefits paid mil $ Weeks of unemployment compensated thous .. Average weekly benefit dollarsFederal civilian employees unemployment insurance (UCFE): Initial claims thous .. , Average weekly insured unemployment do Total benefits paid mil $ Weeks of unemployment compensated thous Average weekly benefit dollars.. Veterans unemployment insurance (UCX): Initial claims . . . thous Average weekly insured unemployment do .... Total benefits paid mil. $.. Weeks of unemployment compensated . . . . . thous Average weekly benefit dollars.. 40 51 6 6 5 5 1 3 3 5 5 4 5 1 5 4 118 4,364 452 16,996 203 3,761 14 1,922 69 3,221 8 2,344 5 376 4 312 18 281 40 720 33 813 6 536 14 527 6 705 34 752 11 566 15984 17 126 1266 1082 1 448 1564 1972 2502 1538 1 417 1362 1320 1334 1780 1,471 1,233 2,062 2.1 13 065 2154 22 14 260 2060 19 1 198 1782 1.8 958 1,863 2.6 1 045 2,012 2.0 1 144 2,264 2.4 1 248 2,924 29 1 844 2,791 28 1 637 2760 27 1 716 2,425 2.4 1 505 2,179 2.1 1 467 2,165 2.1 1264 2,278 2.3 1 384 2,341 2,047 93,416 144.64 97,937 151.68 8,880 148.98 6,490 177.55 120.8 114.4 9.0 7.8 10.5 9.3 9.7 11.9 7.5 7.4 7.4 8.1 9.8 13.5 9.0 9.9 223 1425 221 143 5 226 132 206 106 209 112 212 119 212 117 244 147 223 123 213 126 183 105 169 104 188 98 205 11 4 231 133 196 11 1 1 043 0 1 0856 136.67 132.21 96 4 136.43 783 135.08 1505 74.10 856 139.08 823 142.76 101 4 14538 832 14800 84 5 14901 690 152.82 692 150.70 647 150.70 r 75 1 151 32 91 5 145.71 766 145.44 6,944 155.90 7,671 154.71 8,312 155.78 12,133 158.53 10,574 160.44 11,161 159.60 9,598 162.59 9,406 162.04 8,116 161.89 r 9,004 158.66 1480 1 184 10,345 160.09 7,559 162.20 1428 1169 102 90 99 98 102 128 11 1 128 11 0 101 95 11 1 117 103 18.2 123.1 151 104.7 143 9.0 138 7.9 142 8.5 14.7 8.9 15.1 9.1 184 11.8 183 10.4 194 11.6 187 10.8 184 12.2 175 10.6 164 10.4 177 11.2 153 9.6 536 166.48 544 166.59 602 173.52 64 1 175.15 547 175.04 542,543 543 609 397 649 399 480 194 335 198 070 203 314 201 410 144 894 144 129 546 316 401 522 198 900 202 622 144 794 7888 156.00 644 0 162.57 549 164.31 47 5 165.72 512 166.12 70 5 166.78 622 167.19 698 166.40 64 1 169.17 717 170.76 53,945 54,766 61 8 171.00 r FINANCE BANKING Open market paper outstanding, end of period: Bankers' acceptances mil. $. Gommercial and financial company paper, total do ... Financial companies do Dealer placed do Directly placed do Nonfinancial companies . . do Loans of the Farm Credit System: t Total, end of period mil. $. Long-term real estate loans do... Short-term and intermediate-term loans do Loans to cooperatives do Federal Reserve banks, condition, end of period: Assets total # mil $ Reserve bank credit outstanding, total $ do Loans do U.S. Government securities do... Gold certificate account do... Liabilities, total # do... Deposits, total do Member-bank reserve balances do... Federal Reserve notes in circulation do ... All member banks of Federal Reserve System, averages of daily figures: 0 Reserves held, total mil $ Required do.. Excess do Borrowings from Federal Reserve banks do .... Free reserves do Large commercial banks reporting to Federal Reserve System, last Wed. of mo.: Deposits: Demand total # mil $ Individuals, partnerships, and corporations do States and political subdivisions do U.S. Government ....do.... Depository institutions in U.S do.... Transaction balances other than demand deposits do .... Nontransaction balances, total do.... Individuals, partnerships, and corporations do .... Loans and leases(adjusted),total § do.... Commercial and industrial do .... For purchasing and carrying securities do.. To nonbank depository and other financial do .... Real estate loans do To States and political subdivisions do Other loans do Investments total do U.S. Treasury and Govt. agency securities, total do .... Investment account do.... Other securities do .... See footnotes at end of tables. 66,631 62,972 451,762 521,859 354 127 398 456 161 535 188 580 192 592 209 876 97635 123 403 63,660 63,802 62,972 60,019 57,852 55,865 513,786 511,881 512,446 388 935 385 798 384 785 180 822 178 481 173 119 208 113 207 317 211 666 124 851 126083 127 661 516,426 387 137 175 770 211367 129 289 521,859 398 456 188 580 209 876 123 403 530 926 397 937 183 585 214 352 132 989 540 283 404 097 187 800 216 297 136 186 540,732 398 548 185 202 213 346 142 184 65,764 63,814 552 256 547,170 402 941 401 405 186 959 188 017 215 982 213 388 149 315 145 765 53,756 51,428 32,182 50,707 30,245 50,589 30,474 50707 30,245 51196 29923 51208 29595 9256 9990 10020 10442 10240 9876 10020 10442 9701 11 572 10 542 11 071 293 674 304 465 282 515 290 607 293 439 292 539 304465 292 909 292 506 250 945 2170 238,422 11,060 293,674 48898 39,347 236 991 225 192 228 704 226 441 230 516 481 228,367 11,059 304,465 46430 38,327 541 182 270 598 217,409 221,051 218,176 223,142 11,062 11,060 11,065 11,066 282,515 290,607 . 293,439 292,539 46348 46018 43395 39 114 31,924 32,253 32,351 37,277 236 991 226 046 733 218,392 11,059 292 909 43 230 29,464 257 829 228 894 2 163 1 779 219,132 219,322 11,060 11,059 292 506 295 137 41 565 41 143 33,811 36,129 229,640 241,739 230,766 229,076 234 471 236 534 238 944 262810 2 612 888 1 047 922 59 559 58,674 60 126 59188 60 623 59 634 989 60 658 59797 861 2 265 2 677 675 251 693 267 1 448 2 124 247 112 248 307 215 034 195 301 6993 2,711 24,187 197 212 7*248 1,865 24251 172 097 5 182 3,084 19,517 75,384 624,038 79,238 704,060 585,178 918,698 301,013 666,397 994,060 318,691 14090 16261 2 63 746 2 62,699 2 2 1,716 2 575 306 354 308 798 310 386 311 031 232 124 235 475 239 064 1 100 1 012 586 224,468 227,455 231,383 11,060 11,065 11,065 297 270 301 646 306 354 42429 39 132 42036 34,094 36,336 36,076 240 561 244 450 465 236,434 11,065 310 386 40 600 35,592 243 082 505 234,373 11,063 311 031 42 206 33,834 241 068 246 398 247 983 249 319 253 544 252 738 62 512 61 615 60 232 59 269 61 197 60 422 60 943 60 081 r 60 728 r 59r860 61 448 60 541 297 270 301 646 942 232,313 11,064 308 798 41 546 34,651 235,306 241 739 60989 60044 945 62 810 61 888 555 486 349 617 265 677 440 602 222 501 216 550 223 373 248 307 232 351 233 383 220 035 175 734 6*415 3,113 19,506 173 248 5978 2,262 19,716 178 974 5623 1,793 21049 197 212 7248 1,865 24251 185 121 7 160 2,246 21 283 185 814 6 935 2,987 22398 176 918 5 661 2,430 19570 73,459 686,827 72,787 687,094 74,794 700,138 76,012 703,876 79,238 704,060 80,236 719,888 81,177 724,933 80,619 730,926 647,353 971,706 317,064 648,506 976,688 314,783 661,528 986,018 317,857 665,907 666 397 680 988 685 592 691 572 691 238 702 169 703 325 715 080 715253 719 144 992,651 994,060 1 003 4231 006 8341 005 6141 007 5761 010010 1 Oil 832 1 012 9811 017 0241 019 094 318,983 318,691 319,954 323,310 323,019 325,252 322,754 321,906 319,630 317,459 318,909 16280 16699 885 938 22,858 22,334 301 629 352 500 28441 24940 250 667 259 334 200 806 223 349 21,815 21,590 340 854 342 740 26 222 26 514 249 179 254 654 214 323 213 744 128,633 114,447 72,173 143 671 131,501 70,652 156 556 140,002 66,793 230,467 481 228,367 11,059 304,465 46430 38,327 295 137 143,947 132,031 69,797 60397 59378 1 019 16948 15760 922 16261 62 931 61 914 1 017 16041 76 16465 687 16 914 897 962 774 862 868 907 502 881 239 757 385 927 r 68 624 289 219 106 234 527 221 364 215 000 213 251 225 626 174 129 6 477 4,007 19247 183 275 6 086 1,472 23840 174 225 6 280 3,562 19720 171 254 6 268 2,655 20 Oil 171 072 5 405 1,440 18 840 180 117 6 067 1,902 21 654 83,580 730,316 80,099 741,164 79,050 741,932 77,495 77,478 751,981 752,705 81,627 755,176 1 628 672 14937 1 335 13 526 15755 14 876 14 262 14 540 22,872 22,334 22,424 345 702 350 282 352 500 26061 25 389 24940 257 026 259 365 259 334 226 339 227 886 223 349 22951 23 358 22 151 21 797 21709 22 158 22633 23697 23 975 358 587 362 353 365 507 366 109 371 661 373 682 377 184 379 229 381 394 24 581 24 270 24756 23 716 23 998 23 233 22 454 22 774 21 978 262 376 257 967 254 107 255 129 255 720 253 559 255 566 260 262 258 298 240 924 242 429 235 932 234 862 236 129 238 860 240 171 245 197 245 127 157,973 138,399 68,366 173 980 148 843 66944 161 418 141,011 66,468 156 556 140,002 66,793 175 488 152 147 66941 170 856 153 148 65076 171 136 155 939 63726 172 743 159 623 63 386 176 366 160 890 62494 178 464 159 761 61 707 182 874 165 720 62 323 183 404 165 754 61 723 S-14 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 SURVEY OF CURRENT BUSINESS Annual .. IT un118 1988 October 1990 1990 1989 1989 Sept. Aug. Nov. Oct. Dec. Jan. Mar. Feb. Apr. May June July Aug. Sept. 2,707.8 2,708.5 441.3 179.2 2,087.3 2,082.0 10.00 10.00 FINANCE—Continued BANKING-Continued Commercial bank credit, seas, adj.: § Total loans and securities ^ U.S. Government securities Other securities Total loans and leases <> Money and interest rates: Prime rate charged by banks on short-term business loans Discount rate (New York Federal Reserve Bank) @ Federal intermediate credit bank loans bil $ do do .... do .... 2,422.2 361.4 192.2 1,868.6 2,582.6 394.5 2,527.4 375.5 180.3 2,007.9 183.8 1,968.2 r r 2,570.5 '2,585.8 '2,588.8 '2,594.4 '2,614.3 '2,635.6 '2,646.7 '2,653.8 '2,669.4 '2,684.7 '440.6 '438.5 '404.7 '396.1 '396.0 '390.9 '430.6 '427.3 '422.3 '414.5 177.8 179.9 181.4 177.9 180.4 180.8 178.3 180.0 180.1 180.5 183.6 1,983.3 1,998.2 '2,009.9 '2,011.9 '2,009.3 '2,019.4 '2,033.2 '2,039.4 '2,045.0 '2,053.0 '2,066.4 2,546.2 '379.3 447.1 179.4 percent- 9.32 10.87 10.50 10.50 10.50 10.50 10.11 10.00 10.00 10.00 10.00 10.00 10.00 do.... 6.20 6.93 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 do 3 9.77 9.81 9.83 9.81 9.87 9.82 9.77 9.86 9.78 9.80 9.70 9.69 9.59 9.68 9.56 9.74 9.70 9.74 9.83 9.82 9.87 9.83 9.80 9.85 9.75 9.85 9.75 9.70 9.60 9.70 7.56 7.68 8.87 8.80 8.47 8.32 8.59 8.50 8.42 8.24 8.21 8.00 8.15 7.93 7.97 7.96 8.03 8.04 8.15 8.23 8.21 8.29 8.12 8.23 8.00 8.06 7.86 7.90 7.75 7.77 7.83 7.83 7.14 8.16 7.49 7.56 7.50 7.45 7.33 7.34 7.40 7.49 7.74 8.04 7.79 7.66 7.46 7.50 7.720 7.590 7.650 7.640 7.640 7.760 7.870 7.780 7.780 7.740 7.660 7.440 7.380 Home mortgage rates (conventional 1st mortgages): New home purchase (U.S. avg.) percent.. Existing home purchase(U.S. avg.).... do..., Open market rates, New York City: Bankers' acceptances, 3-month do .... Commercial paper, 6-month $ ... do Finance co. paper placed directly, 6-mo do ..., Yield on U.S. Gov. securities (taxable): 3-month bills (rate on new issue)...percent.. 10.50 () 2 8.83 2 9.01 6.690 2 2 8.120 7.910 CONSUMER INSTALLMENT CREDIT t Not seasonally adjusted Total outstanding (end of period) # By major holder: Commercial banks Finance companies .. . Credit unions Retailers Savings institutions Gasoline companies * Pools of securitized assets tt By major credit type: Automobile * Revolving * Mobile home * Other * .mil. $.. 674,719 727,561 705,908 708,370 711,295 715,145 727,561 721,026 717,062 713,138 715,801 720,045 722,953 '727,196 733,543 do do do do do... do ... do ... 324,792 146,212 88,340 48,302 63,399 3,674 330,488 145,033 91,017 37,942 60,243 4,255 36,930 332,502 146,296 91,285 37,400 59,556 4,052 37,279 335,657 143,293 91,291 37,045 58,720 3,947 41,342 337,285 142,802 90,965 37,906 58,236 3,853 44,098 343,865 140,832 90,875 42,638 57,228 3,935 48,188 342,266 140,740 90,452 39,959 55,425 0 343,865 140,832 90,875 42,638 57,228 3,935 48,188 48,171 339,418 139,115 90,127 37,904 54,771 3,803 51,924 334,645 137,857 89,556 37,302 54,095 3,792 55,891 337,576 138,174 89,689 37,207 53,606 3,928 55,621 339,328 138,384 89,913 37,347 53,301 4,024 57,748 335,998 '339,124 138,642 138,796 90,137 '90,631 36,804 37,382 52,902 52,503 4,192 4,396 63,700 '64,942 342,641 139,496 91,324 37,231 52,399 4,722 65,730 do ... do ... do .. do.. 284,328 183,909 25,143 181,339 290,421 208,188 22,283 206,669 292,948 187,917 22,800 202,243 293,114 188,684 22,808 203,764 293,664 189,913 22,849 204,869 292,543 194,640 22,319 205,643 290,421 208,188 22,283 206,669 288,984 203,288 22,717 206,037 288,036 200,147 22,726 206,153 286,539 199,937 22,426 204,236 286,220 201,783 22,484 205,314 287,140 204,854 22,610 205,441 287,254 '287,479 206,820 '209,592 22,644 '22,873 206,235 '207,252 287,986 212,547 23,061 209,949 4,013 Seasonally adjusted Total outstanding (end of period) # By major credit type: Automobile Revolving Mobile home Other * do 703,518 705,703 710,133 713,903 716,624 717,829 717,869 720,445 720,835 724,485 724,601 729,066 731,416 do do do do 289,961 189,185 22734 201,638 288,839 190,378 22,661 203,825 290,904 199,146 22,604 205,175 289,629 199,927 22,633 205,680 290,932 202,263 22,708 204,543 288,936 203,965 22,702 205,232 do ... 3,518 2,185 290,972 194,679 22,197 206,055 3,770 290,770 197,110 22,343 206,401 Total net change (during period) # By major credit type: Automobile Revolving Mobile home Other * 290,210 191,734 22,621 205,568 4,430 2,721 1,205 40 2,576 390 288,931 207,153 22,815 205,585 3,650 287,168 '286,791 208,362 '212,138 22,733 '22,795 206,338 '207,605 4,465 116 285,050 213,916 23,003 209,446 2,350 do do do.. do 79 2,901 -506 1,044 1,122 1,193 -73 2,187 1,371 1,356 -40 1,743 762 2,945 -424 487 202 2,431 146 346 134 2,036 261 -1,226 1275 781 29 505 1,303 2,336 75 -1,137 1996 1,702 -6 689 g 3,188 113 353 '-377 '3,776 '62 1,267 1,741 1,778 208 1,841 1,763 1,209 -82 753 FEDERAL GOVERNMENT FINANCE Federal receipts and outlays: 1 Receipts (net) . mil $ 71,213 68,426 99,233 76,136 908,166 '990,701 78,486 72,357 69,212 110,614 89,130 64,819 139,624 65,170 99,538 94,427 100,958 103,903 Outlays (net) . . . do 98,291 131,240 97,865 111,769 121,747 98,286 105,300 91,286 100,437 118,165 '1,063,318 '1,142,691 41,760 -42,558 -11,133 -25,934 -52,754 22 150 53346 35267 8,252 6067 -26,001 -29,746 -14,774 ' 155 151 1 151 989 Total surplus or deficit ( ) do 25,934 29,746 26,001 6,067 22,150 Federal financing, total do 52,754 11,133 42,558 53,346 -41,760 35,267 14,774 -8,252 '155,151 '151,989 19,790 6,672 35,854 47,329 24,233 23,519 23,380 56,090 -5,935 18,221 15,841 6,821 36,690 Borrowing from the public do ... '166,139 ' 140,369 19,172 9,956 -605 -10,689 '11,620 -13,704 Other do 12,386 -1,701 -5,425 17,043 -2,754 -36,583 7,953 -24,108 '-10,988 Gross amount of debt outstanding do . . . '2,614,581 '2,881,112 2,860,454 2,881,112 2,924,765 2,946,111 2,975,537 3,004,900 3,025,827 3,081,893 3,093,076 3,127,355 3,175,461 3,200,338 3,243,261 Held by the public do '2,063,900 '2,204,270 2,197,597 2,204,270 2,240,959 2,260,749 2,267,570 2,284,743 2,302,965 2,359,054 2,353,119 2,376,813 2,400,365 2,424,598 2,471,927 Federal receipts by source and outlays by agency: 71,213 72,357 69,212 110,614 65,170 89,130 68,426 99,233 76,136 '908,166 '990,701 Receipts (net), total mil $ 78,486 64,819 139,624 99,538 34,448 45,026 36,932 21,467 13,174 28,830 56,044 37,385 35,493 Individual income taxes (net) do ... '401,181 '445,690 36,434 33,290 49,639 74,375 2,385 729 19,430 1,963 Corporation income taxes (net) do ... 2,057 18,569 1,557 13,375 12,655 1,231 3,118 18,878 '94,195 ' 103,291 1,608 Social insurance taxes and contributions 26,791 28,470 24,308 29,259 (net) mil $ 29,610 34,326 37,450 43,821 32,961 29,055 32,863 25,805 '334,335 '359,416 32,047 7,588 8,794 '82,392 Other do 7,517 7,062 7,896 5,518 '78,454 8,738 8,052 6,030 6,054 8,397 7,399 8,081 94,427 100,958 103,903 98,286 105,300 Outlays (net), total do 91,271 100,434 118,155 ' 1,063,318 '1,142,691 97,866 111,764 121,836 98,291 131,240 3,821 '48,414 Agriculture Department do... 5,167 3,074 2,247 '44,003 3,762 3,553 3,015 4,216 5,109 5,058 3,297 2,346 3,349 19,152 25,313 Defense Department, military do ... '281,935 '294,876 24,586 27,750 24,157 21,137 27,759 22,004 27,015 25,560 21,385 28,691 27,805 Health and Human Services Department mil $ 34,029 33,207 34,590 '373,169 '399,774 35,172 35,840 34,859 42,467 37,316 35,677 36,045 36,992 37,736 59,467 19,457 16,886 Treasury Department do .... '201,644 '230,573 14,813 14,482 20,522 15,315 40,660 17,012 40,176 15,859 18,215 17,758 18,529 National Aeronautics and Space Adm do.... 976 1,126 1,003 ' 11,036 989 '9,092 963 1,093 1,087 923 904 1,065 1,101 1,103 1,140 2,611 1,492 3,628 2,257 Veterans Affairs Department do .... 3,653 '30,041 '29,249 2,596 1,313 3,844 2,590 1,077 3,619 1,265 3,737 GOLD AND SILVER: Gold: Monetary stock, U.S. (end of period) mil. $ ., Price at New York $$ ...dol. per troy oz.. Silver: Price at New York $$ dol. per troy oz .. See footnotes at end of tables. 11,057 436.931 11,059 381.283 6.535 5.499 11,066 364.928 5.179 11,065 361.890 11,062 366.884 11,060 392.320 11,059 409.150 11,059 415.596 11,059 416.826 11,060 393.059 11,060 374.265 11,065 369.191 11,065 352.331 11,064 362.531 395.033 389.458 5.133 5.133 5.465 5.533 5.243 5.278 5.058 5.046 5.074 4.906 4.859 4.982 4.790 S-15 SURVEY OF CURRENT BUSINESS October 1990 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual .t IT UIWS 1988 1990 1989 1989 Aug. Sept. Oct. Nov. Jan. Dec. Feb. Mar. June May Apr. July Aug. Sept. FINANCE—Continued MONETARY STATISTICS Currency in circulation (end of period) bil. $".. Money stock measures and components (averages of daily figures): t Measures (not seasonally adjusted): Ml » M2 M3 L (M3 plus other liquid assets) Components (not seasonally adjusted): Currency Demand deposits Other checkable deposits $$ Overnight RP's and Eurodollars Q General purpose and broker/dealer money market funds Money market deposit accounts Savings deposits Small time deposits @ Large time deposits @ Measures (seasonally adjusted): Ml M2 . M3 L (M3 plus other liquid assets) Components (seasonally adjusted): Currency Demand deposits Other checkable deposits $$ Savings deposits Small time deposits @ Large time deposits @ .... bil $ do. . do .... do.... do .... do do.... do do... do... do ... .dodo... 776.1 3,017.6 3,825.0 4,534.6 205.3 289.1 274.4 7791 778.1 7837 3,129 6 3,987.7 4,782.8 3,146.5 4,012.7 r 4,819.8 3,156.6 4,010.6 r 4,827.3 217.5 2804 278.5 219.2 277.1 273.7 218.6 276.3 276.5 839 79 1 233.1 517.8 426.1 980.6 513.5 276.3 475.0 409.9 1,355.5 564.1 C C 784 do . do... do... do do do 218.6 278.5 276.0 4040 1 130 0 570 5 7804 3,146 7 C 7829 31469 4,013.5 r 4,831.8 r 2193 278.1 278.4 4055 1 1326 5656 136,490 16,545 33,459 3,335 1,560 8,081 23,651 21,225 2453 4256 1,416 7,047 24,523 19,512 1968 3785 1512 5,515 9,666 9,663 431 221.0 2815 282.1 C 757 301.3 474.6 407.2 1,135.5 565.4 7881 3,163.6 4,018.1 r 4,841.7 r 220.0 280.0 280.8 4061 1 1359 5627 812.1 7917 3,204.8 3,234.5 4,040.7 r4,058.3 r 4,867.2 '4,898.9 r 218.9 280.7 278.1 751 154,583 20,671 5,335 13,778 11,143 785.0 3,179.3 4,018.2 r 4,841.8 r 294.9 470.6 404.6 1,132.1 567.4 286.8 467.0 404.9 1,131.2 570.4 4,013.0 r 4,825.2 993 260.4 247.6 2604 . do .. do . do ... do... PROFITS AND DIVIDENDS (QTRLY.) Manufacturing corps. (Bureau of the Census): Net profits after taxes, all manufacturing mil. $. Food and kindred products do ... Textile mill products do... Paper and allied products) do ... Chemicals and allied products do... Petroleum and coal products do... Stone clay, and glass products do Primary nonferrous metal do Primary iron and steel do .. Fabricated metal products do... Machinery (except electrical) ....do... Electrical and electronic equipment do ... Transportation equipment (except motor vehicles and equipment) .....mil $. Motor vehicles and equipment do... All other manufacturing industries do ... Dividends paid (cash), all manufacturing do... SECURITIES ISSUED Securities and Exchange Commission: Estimated gross proceeds, total By type of security: Bonds and notes, corporate Common stock Preferred stock By type of issuer: Corporate, total # Manufacturing Extractive Public utility Transportation Communication Financial and real estate State and municipal issues (Bond Buyer): Long-term Short-term 247.7 1 1385 5610 1,872 6,224 4,741 876 C C 317.4 489.3 407.8 1,144.5 553.4 7948 32012 4,044.3 r 4,881.2 r 221.9 279.7 285.7 4090 1 1423 5583 r r 7948 3 231 0 4,048.5 r 4,882.5 r r 227.0 271.4 285.2 2716 289.7 491.1 410.0 1,145.3 550.2 8014 817.3 3,288.5 4,079.6 r 4,919.9 C C 329.4 498.3 414.1 416.6 1,147.7 r 536.9 8073 8048 9 r3,277.3 4 069 0 r4,072.9 r r 4,890.4 4,906.6 4,916.4 r 3,255.6 r 4,064.3 r r 3 270 r 224.6 277.3 285.4 226.6 280.2 287.0 2284 2793 289.5 4102 1 1430 5542 4136 1 1426 5501 4146 1 1464 544 1 230.1 277.8 291.8 4158 1 1477 r 5383 810.0 812.2 3,275.7 4,062.8 r 4,898.5 3,289.6 4,072.3 r 4,906.6 234.8 274.8 292.3 277.0 289.4 C C r r 231.7 268.5 288.7 C 831 792 1,146.8 546.1 796.4 3,255.9 4,049.3 r 4,874.9 r r 229.5 279.8 300.7 330.4 496.9 818 823 326.9 319.6 494.8 415.9 1,146.2 r 535.1 8054 3,270 9 4,065.0 r 4,887.1 r r r 2316 274.5 291.5 4150 1 1490 1-5354 8228 3,317.7 4,091.7 2334 274.5 293.8 4158 1 147 1 r 5328 47 248 1,160 4,510 5,262 1,389 5,495 4,071 6327 4,065 2,244 2,295 2,505 2,508 2,378 2053 1525 2921 2017 4315 1081 1,163 619 249 1342 1355 1 200 2111 23,944 22,674 6,243 5,262 3,875 5519 57,064 65,244 15,834 15,755 15 143 16299 147,030 (i) (i) (i) (i) (i) (i) 0) do do... 117 829 22,839 123 037 29002 10646 5457 11336 1468 10 142 1835 10427 14030 2426 r 814 1044 1 109 32,740 34320 33940 35020 35110 34630 34320 32640 5660 16,595 7040 18505 5580 16015 5680 15310 6000 16340 5815 16345 7040 18505 62.0 66.1 67.3 65.8 662 669 679 925.98 829.83 4,031 r r r 241.5 238.3 r 279.9 278.0 r 293.1 291.9 291.3 4158 4163 4163 1 1485 1 149 5 1 150 4 r r 5167 524 1 5305 2354 274.8 883 464 8,349 224,490 33,327 4,742 12,793 3,078 r 1003 5,019 mil. $. do .... do... do... do . do .... do.... 4,918.4 r 1630 1373 (i) (i) (i) 8092 r 3 284 0 r 4,073.3 r 5167 12,474 45,485 6,506 842 35080 3 720 316 (i) 278.1 291.1 r 8162 3,302.0 4,088.6 4,931.3 27810 3,493 172,499 240.8 821 158 228 387 r 339.1 505.6 414.9 1,149.9 518.2 1451 427 239.2 276.7 289.2 r 818.7 3,310.2 4,087.8 °831 282 278 163 781 1076 r 814.0 3,302.0 4,088.7 4,925.8 r r 237.1 822 8094 3,278 6 4,069.1 r 4,906.8 r r 332.8 322.3 319.8 r 504.0 499.3 498.2 r 420.4 417.3 418.4 1,147.2 1,151.2 1,150.8 r r r 524.1 527.0 531.0 28645 5,406 do... do... do... mil $ 795.7 3,265.7 4,067.6 r 4,904.5 r r 224.2 C 81 5 77 4 483.1 2204 278.8 282.8 4079 222.9 283.0 289.4 311.2 487.8 406.2 1,138.7 558.1 407.6 1,137.3 563.6 7894 31819 4 031 0 r 4,858.1 r 291.6 288.4 754 788.0 3,243.5 4,052.9 r 4,885.6 r r 225.3 309.7 r 802.3 3,242.7 4,057.5 r 4,901.4 r r !0 990 1 867 rg g23 12 057 r 2268 14 095 rg ggg r 2 995 10 697 7 117 12275 894 31 480 30760 31 060 31 600 31 720 32 130 30350 29 640 6755 17370 6575 16200 6525 16510 6465 15375 6215 6490 15 625 6 385 17 035 7 140 15470 16745 7 285 16 185 669 663 656 65 1 653 66 2 667 65 5 648 844.00 1,075.17 1,015.42 904.13 794.21 774.16 946.52 1,155.55 977.60 675.60 7962 6904 r 8067 804 SECURITY MARKETS Stock Market Customer Financing Margin credit at broker-dealers, end of year or month mil $. Free credit balances at brokers, end of year or month: Margin-account do Cash-account do ., Bonds Prices: Standard & Poor's Corporation, domestic municipal (15 bonds) dol. per $100 bond- Sales: New York Stock Exchange, exclusive of some stopped sales, face value, total mil. $.. 7,702.12 8,836.27 See footnotes at end of tables. 805.75 769.80 S-16 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual ., .. 1988 October 1990 1990 1989 1989 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. FINANCE—Continued Bonds— Continued Yields: 1018 Domestic corporate (Moody 's) percent By rating: 971 Aaa do 994 Aa do 1024 A do 1083 Baa do By group: 9.91 Industrials do ... Public utilities do .... 10.45 Railroads do 1003 Domestic municipal: 766 Bond Buyer (20 bonds) do Standard & Poor's Corp. (15 7.74 bonds) do .... 8.98 U.S. Treasury bonds, taxable $ do.... Stocks Prices: 77217 Dow Jones averages (65 stocks) 2 060 82 Industrial (30 stocks) 17974 Public utility (15 stocks) Transportation (20 stocks) 86383 Standard & Poor's Corporation: § 265.79 Combined index (500 Stocks) 1941-43=10.. 306.68 Industrial, total (400 Stocks) # doCapital goods do 25283 305.95 Consumer goods do.... 10874 Utilities (40 Stocks) do . 209.02 Transportation (20 Stocks) 1982=100... 158.73 Railroads 1941-43-10 .. 24.09 Financial (40 Stocks) 1970-10., 92.05 Money center banks 1941-43—10. 103.22 Major regional banks .do ... 271.62 Property-Casualty Insurance do .... N.Y. Stock Exchange common stock indexes: 149.91 Composite 12/31/65—50. 180.95 Industrial do ... 13412 Transportation do 7177 Utility do 12726 Finance do NASDAQ over-the-counter price indexes: 374.43 Composite 2/5/71 — 100 . 379.49 Industrial do ... 40817 Insurance do 444 14 Bank do 161.95 NASDAQ/NMS composite 7/10/84= 100. 14678 Industrial . , do . Yields (Standard & Poor's Corp.): 364 Composite (500 stocks) percent 3.14 Industrials (400 stocks) do ... 708 Utilities (40 stocks) do 2.48 Transportation (20 stocks) do... 4.34 Financial (40 stocks) do... 9.24 Preferred stocks, 10 high-grade do ... Sales: Total on all registered exchanges (SEC): Market value mil $. 1,587,012 52533 Shares sold millions On New York Stock Exchange: 1 377 711 Shares sold (cleared or set44,018 tled) millionsNew York Stock Exchange: Exclusive of odd-lot stock sales 40850 (sales effected) millions NASDAQ over-the-counter: 347,089 Market value mil. $. 31070 Shares sold millions Shares listed, NYSE, end of period: Market value, all listed shares bil. $ . 2,457.46 76,093 Number of shares listed millions. 966 936 941 9.34 932 930 943 964 973 982 987 9.67 9.65 9.84 10.02 926 946 974 10 18 896 9 14 945 988 901 923 951 991 892 9 19 944 981 889 914 942 981 886 9 11 939 982 899 927 954 994 922 945 975 10 14 937 951 982 1021 946 964 989 1030 947 970 989 1041 926 949 970 1022 924 947 969 1020 941 9.63 9.89 10.41 9.56 9.77 10.09 10.64 966 9.66 (i) 935 9.37 939 9.43 9.31 9.37 930 9.33 9.28 9.31 9.42 9.44 9.61 9.67 9.70 9.75 9.77 9.87 9.84 9.89 9.64 9.69 9.64 9.66 9.83 9.84 10.02 10.01 723 716 740 724 704 697 724 725 7.33 7.54 726 7.27 715 7.47 7.53 7.24 8.58 7.08 8.26 7.27 8.31 7.22 8.15 7.13 8.03 7.01 8.02 7.13 8.39 7.21 8.66 7.29 8.74 7.36 8.92 7.34 8.90 7.22 8.62 7.15 8.64 7.31 8.97 7.40 9.11 96686 1 065 83 1 078 40 1 049 44 1 004 41 1 029 12 1 001 68 97219 1,006 45 1,004.68 1 022 50 1,045 32 1 039 61 934.30 888.98 2 508 91 2 691 11 2 693 41 2 692 01 2 642 49 2 728 47 2 679 24 2 614 18 2,700.13 2,708.26 2,793 81 2,894.82 2,934 23 2,681.89 2,550.69 20572 21808 21595 21664 22102 232 05 22319 221 17 216.96 210.68 212.37 211.16 204.95 210.09 199.83 1 194 30 1,407 13 1 462 67 1,342.02 1,188 12 1,182.98 1 139 75 1,083.36 1,160.31 1,164.82 1,163.11 1,181.85 1,150.03 951.11 881.31 322.84 370.28 27870 398.17 132.16 271.78 197.31 30.24 116.14 122.18 326.34 346.61 396.63 296 33 434.05 140.47 307.44 211.31 33.16 127.09 136.60 344.12 347.33 397.08 29462 430.76 14098 315.42 215.45 33.24 125.45 135.63 345.97 347.40 396.34 28865 439.31 142.71 297.89 208.51 33.76 130.47 132.49 364.37 340.22 388.11 27778 430.31 143.37 272.41 198.92 32.48 117.79 123.77 381.59 348.57 398.43 28606 432.27 152.18 276.07 209.58 31.14 111.50 116.75 373.23 339.97 390.58 28606 423.16 14604 270.90 210.40 29.68 103.93 114.22 362.11 330:45 381.11 28339 406.89 140.99 261.42 208.34 28.17 96.47 109.09 364.89 338.47 391.71 29480 418.06 141.92 274.48 209.18 28.50 97.69 108.99 366.84 338.18 393.17 294.19 426.68 140.89 273.52 206.20 27.53 92.79 102.95 356.63 350.25 408.10 30565 445.52 143.66 277.39 212.18 28.73 94.63 107.48 358.70 360.39 421.49 312.50 469.50 143.52 284.14 221.46 29.84 96.78 110.48 367.50 360.03 425.76 31290 481.61 137.86 276.97 220.90 28.46 90.56 102.52 354.19 330.75 390.78 281.47 437.65 132.76 240.08 204.55 24.86 80.78 89.52 325.99 315.41 372.81 260.28 414.03 130.33 224.76 191.84 22.57 72.86 79.30 304.77 180.02 216.23 17528 8743 15188 192.94 231.32 197 52 9290 16486 193.02 230.86 20202 9344 16551 192.49 229.40 19036 94.67 166.55 188.50 224.38 17426 9495 16089 192.67 230.12 17725 99.73 15563 187.96 225.79 17367 9569 15011 182.55 220.60 16658 9215 14268 186.26 226.14 17508 93.00 143.09 185.61 226.86 173.54 91.92 138.57 191.35 234.85 173.52 93.29 142.94 196.68 242.42 177.37 93.65 147.93 196.61 245.86 17318 89.85 143.11 181.46 226.73 147.41 85.81 128.14 173.24 216.81 136.95 83.30 118.59 437.80 428.38 50475 457 08 191.02 16751 461.83 448.47 53562 48422 201.86 17563 469.28 455.01 53304 48508 205.14 178 19 469.68 455.91 53837 46001 205.35 17864 454.70 441.63 54607 42708 198.82 173.11 449.01 440.00 54735 395.94 196.47 172.83 439.35 436.80 52205 38667 192.26 17171 424.52 427.83 49138 37576 185.72 168.26 436.09 447.48 503.71 374.38 190.91 176.25 428.99 447.38 490.70 353.23 187.74 176.32 442.60 467.97 49090 347.83 193.92 184.78 462.31 493.50 507.48 346.86 202.76 195.16 455.82 493.24 50298 330.54 199.93 195.21 396.32 423.90 460.22 293.84 173.54 167.45 368.58 394.25 432.85 271.42 161.35 155.69 345 3.01 639 2.14 3.73 9.04 328 2.86 611 1.93 3.42 8.75 329 2.88 605 1.88 3.44 8.82 329 2.89 595 2.02 3.39 8.85 339 2.98 5.93 2.32 3.57 8.73 333 2.94 553 2.33 3.77 8.75 341 3.01 558 2.37 3.98 8.80 354 3.12 584 2.42 4.25 8.90 349 3.07 5.84 2.32 4.25 9.02 351 3.13 5.92 2.33 4.38 9.05 344 3.01 578 2.30 4.38 9.04 336 2.93 5.76 2.21 4.22 9.01 337 2.91 603 2.24 4.42 8.94 3.65 3.16 6.17 2.63 5.05 8.97 9.05 190,751 153,234 4416 5 146 185,652 4889 136,071 4056 144,184 4422 146,564 4446 125,259 4030 147,670 4568 124 261 107 474 127 078 98732 3,286 3,696 2,906 1,844,768 54239 1 576 899 164 536 129 727 4,242 3,517 44,140 161 383 115 042 122 748 4,022 3,217 3,572 3,544 177,524 115,381 143,013 148,706 138,813 r 5449 4080 4380 5371 3646 123 055 128 367 120 494 152 819 3,576 3,370 4,402 4,561 41 699 3948 3035 4013 3,032 3214 3794 2962 3,285 2801 3597 3226 3371 4015 431,381 33530 39,575 3031 34,690 2626 45,016 3,166 31,814 2,538 34,645 2,760 41,869 3,029 30,647 2422 40,117 2,909 35,371 2,593 48,795 3,469 44,887 3153 46,329 2985 44,058 3,121 26,152 2,096 3,029.65 3,022.19 3,800.82 2,925.38 2,969.05 3,029.65 2,814.43 2,842.19 2,904.13 2,826.45 3,067.12 3,045.54 3,034.18 2,758.95 2,617.45 81,925 82,797 83,605 84,013 84,471 84,939 86,507 87,750 88,748 88,782 89,488 79,534 79,969 81,641 82,797 FOREIGN TRADE OF THE UNITED STATES VALUE OF EXPORTS (mdse.), incl. reexports, Exports total @ Seasonally adjusted "j* Western Europe European Economic Community Belgium and Luxembourg France ,... Federal Republic of Germany Italy Netherlands United Kingdom Eastern Europe Union of Soviet Socialist Republics See footnotes at end of tables. mil $ 322 426 4 363 982 8 29 405 9 30 181 1 do 87 857 7 100,434 8 75265 do do.... 75,755.3 86,591.5 6,314.4 8,656.5 627.4 do.... 7,410.5 818.6 9,969.7 11,585.0 .. do ... do.... 14,347.6 16,882.9 1,185.8 530.1 6,775.4 7,232.4 do .... 10 116 5 11 392 8 8240 do do.... 18,364.4 20,866.1 1,526.8 193.9 3,649.6 5,296.3 do .... do.... 2,768.9 4,271.2 137.0 29 709 5 31,756.2 30,279 0 30,874 0 30 495 7 30 921 0 35 955 3 32 599 6 30 128 6 31 437 0 30,617 8 31,262 1 31 372 4 31 576 0 33 266 4 32 057 8 8,522 8 8,782.4 8,299.3 8,614.4 8,444.2 9,073.3 10,322 5 10,196 1 7,414.6 7,587.0 7,231.6 7,335.6 7,402.3 7,986.9 8,988.2 8,861.9 717.1 753.7 759.7 745.3 878.2 724.0 938.5 723.3 957.6 1,028.8 953.2 1,147.5 1,213.3 1,096.6 964.5 1,026.5 1,425.9 1,624.9 1,435.7 1,442.8 1,449.2 1,445.6 1,700.4 1,696 5 613.3 635.4 589.5 6160 661.5 524.8 719.5 736.5 9571 1 1528 1 111 3 1 1669 1 301 7 9608 9169 1 2268 1,691.9 1,721.9 1,781.7 1,665.2 1,611.3 2,006.1 2,343.3 2'080.2 230.4 541.9 492.5 534.1 527.4 150.7 556.2 445.1 86.1 157.1 423.5 452.5 421.2 366.8 417.1 444.8 33 678 0 34 456 9 r 307286 31 746 1 32 773 7 34 220 9 r32 125 4 32 633 3 98646 9 6247 84742 83183 8,345.6 8,414.9 7,300.8 7,295.3 816.6 900.6 832.6 901.2 9760 10980 10177 11560 1 823 5 1 401 1 14983 13321 6771 5194 5600 7425 7906 1 0605 951 2 1 0157 1,959.2 2,220.5 1,813.3 1,674.0 190.0 233.3 506.9 436.0 332.3 429.6 171.1 50.3 ::::: SURVEY OF CURRENT BUSINESS October 1990 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual .,.. S-17 1989 1990 ljnus 1988 1989 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Ma, Apr. May June 73632 305.6 2,042.5 2383 79145 288.6 2,559.8 2586 75185 403.4 2,534.6 2954 499.8 655.3 4 181 8 1 3438 2703 8096 9414 July Aug. Sept. FOREIGN TRADE OF THE UNITED STATES—Continued VALUE OF EXPORTS— Continued Exports (mdse.), incl. reexports—Continued Western Hemisphere: Canada A mil $ Brazil . do Mexico do ... Venezuela do Asia: China do Hong Kong . . do . Japan do Republic of Korea do Saudi Arabia do Singapore do Taiwan do . Africa: Nigeria do Republic of South Africa do... Australia . . . OPEC..., . . do do 6885 4984 3917 4 1087 5 4918 3567 1,687.6 69729 1,659.1 83470 13 994 3 13 234 5 9700 3812 do do do... do... do... do do... do do do. do 1 120 4 3168 7023 9602 1 160 5 5127 695 1 10914 6 706.7 483. 2,052.0 1998 3594 516.7 4391 626.2 37658 1 0694 2487 5492 8834 1 1504 2826 6109 9963 8,047.9 373.8 2,300.9 2277 356.4 556.3 4 222 6 13396 3411 6641 11723 613.8 381.4 734.1 36034 37359 1 1380 2601 6010 9718 1 156 6 2930 5970 9311 374.9 r 6,154 5 412.3 2,332.6 2466 385.7 503.9 42200 1 104 5 2907 6318 8867 66483 5129 2,519.5 2784 4227 519.5 3917 6 1 1986 3563 7461 9084 348 461 423 437 451 41 6 538 274 326 380 402 27 8 169.5 143.0 121.1 167.3 114.1 120.3 157.2 146.2 148.9 146.2 147.8 142.9 127.0 7605 6771 6150 7227 5632 6247 8831 6945 8486 6257 8102 8844 7880 1 1276 9565 13235 10592 10937 1 168.4 1,033.2 9469 1 1285 1 0126 1447 1 10326 9105 r 28 533 7 28,842 1 30,691 5 29,085.5 29 341 8 29,0796 29,523 0 34,333 6 31 109 2 32,078.3 32,424.6 29,257.8 30 235.7 440 952 3 472 976 6 40 440 1 40 509 2 100,442.8 101,725.1 8 164.9 84,938.5 85,128.9 7,057.8 4,493.3 263.7 4,569.6 12 508 5 13 028 6 9966 26,361.9 24,833.7 2,057.0 11 576 0 11 945 9 1 1007 47961 3738 45589 17 976 4 18,242 3 16356 20604 1642 2 1626 38 680 1 38 897 3 7 660.2 6,420.8 379.3 9585 1,848.2 7750 3966 14975 1748 .....do... 702.7 59.0 52.4 586.0 Western Hemisphere: Canada . . . . m i l $ 81 397 9 88 210 0 68254 7 1339 92943 Brazil. do 651 1 7754 83790 Mexico do 23 259 7 27 186 3 23606 22108 6,786 0 51574 Venezuela do 5396 5530 Asia: China do 85109 11 988 5 1 2837 1 1830 Hong Kong do 8890 97386 10 237 8 9688 Japan do 89 518 7 93 585 9 79148 76188 Republic of Korea do.... 20,105.1 19,741.9 1,754.6 1,691.5 Saudi Arabia ... ... do 7 181 4 56202 5643 654 4 79733 Singapore do 8185 89498 7953 Taiwan do.... 24,713.9 24,325.6 2,384 6 2,176.5 Africa: Nigeria do 52265 32785 4927 483 6 15290 15129 Republic of South Africa do 1306 123 1 3 541 3 38983 Australia do 3170 311 2 OPEC do 22 962 2 30 601 0 2817 9 2489 5 By commodity groups and principal commodities: Petroleum and products mil. $., 38,786.5 49,623.9 4,399.2 4,081 9 Nonpetroleum products do .... 402,165.8 423,301.9 36,632.8 34,417.3 Food and live animals # do .... 20,109.8 20,685.4 1,793 8 1,514 2 43640 Beverages and tobacco do 4 1226 371 5 371 5 Crude materials, inedible, exc. fuels # do.... 13,624.4 15,370.4 1,389.8 1,239.1 Mineral fuels, lubricants, etc do . . . . 41,041.5 52,648.6 4,657.8 4,326.7 Oils and fats, animal and vege648 7308 887 5 table do 489 20,752.3 1,723.0 1,534.3 Chemicals do.... 19,559.7 Manufactured goods classified chiefly by material mil. $.. 62,249.0 61,991.3 5,471.5 4,918.2 Miscellaneous manufactured 69 748 9 76 639 0 7 5434 68653 articles do Machinery and transport 197 016 7 205 761 1 16 741 1 16 436 0 equipment do Machinery, total #..... do.... 117,281.0 Transport equipment do .... 79,772.4 Motor vehicles and parts do.... 71,065.0 2 69,349.6 4,907.8 5,221.1 See footnotes at end of tables. 39742 59658 324 Exports of U.S. merchandise, total @ do... 310,049.1 349,650.4 By commodity groups and principal commodities: Agricultural products, total do... 37,046.6 40,003.3 2,768.2 3,011.8 Nonagricultural products, total do ... 285,379.8 310,013.9 25,614.7 27,440.2 Food and live animals # .mil. $. 26,181.8 29,723.8 2,332.4 2,398.1 Beverages and tobacco do... 5,509.7 4,555.6 446.4 4526 Crude materials, inedible, exc. 25 151 3 26 946 7 20458 20586 fuels # do Mineral fuels lubricants etc. # do 8425 98654 82352 841 1 Oils and fats, animal and vegetable do . 13498 1,521 7 1653 1244 Chemicals do ... 32,280.7 36,485.0 3 067.5 2,992.5 Manufactured goods classified chiefly by material .. mil $ 23 594 0 27 242 8 2351 8 23325 Miscellaneous manufactured articles do ... 23,685.7 1 32,637.4 27339 2 797.3 Machinery and transport equipment, total . . . . m i l $ 135081 6 148 799 9 11 965 8 13 212 1 88 432 0 Machinery, total # do Transport equipment, total .. do 46 702 8 Motor vehicles and parts do ... 24,019.7 2 23,613.0 1,668.5 1,944.8 VALUE OF IMPORTS General imports, total @ Seasonally adjusted 1" Western Europe European Economic Community.. Belgium and Luxembourg France Federal Republic of Germany Italy Netherlands United Kingdom Eastern Europe .. . ... Union of Soviet Socialist Republics 4244 4966 3904 1 5424 4710 3 698 7 1 1100 301 2 5774 9994 5,807 4 5 021 4 6,304 0 5,687.4 37 725 2 44 583 9 11 231 8 13 478 0 3 5760 37761 73527 57676 12 129 1 11 322 9 6145 3050 4859 3759 1 4279 5664 3 502 4 1 1706 2697 5743 8733 3 035 7 2454 1940 2174 1,956.5 4611 9 6 271.5 404.6 2,153.0 1660 6 627.5 425.3 2,004.1 64409 2,148 1 1839 78,638.9 4,799 4 24,968.8 2,057.2 2322 6 976.1 471.4 2,351.7 255 1 62893 4729 71,622 0 4,266.5 20,628.4 3,392.2 3,654.8 3,559.8 3,716.5 3,459.9 3,986.8 3,291.7 3,202.7 3,178.7 2,714.6 2,893.5 28,487.4 26,515.0 27,622.7 25,488.0 25,881.4 30,124.6 27,940.5 32,020.1 29,319.4 26,443.5 27,342.2 2,401.6 2,540.8 2,473.0 2,516.9 2,392.7 2,718.6 2,470.0 2,520.2 2,527.7 2,432.5 2,497.1 4499 570.9 477.7 549.7 486.0 5109 6133 5944 614.8 478.8 5669 23434 8869 2 1845 9811 24445 9459 2527 8 8864 2 313 3 7663 2 774 2 9641 22917 848 6 2 1688 8663 2 230 8 8690 1 9156 831 2 2 1536 1 057 3 1132 864 1050 976 938 1228 810 1262 1210 2,943.0 2,821.4 2,796 8 3,120 1 2,868.4 3,347.4 34273 3,3588 3,259 6 30078 24705 22260 2239 1 25614 2 408 3 27676 26556 26965 26659 24997 26196 2 781.2 2,792.3 29316 31004 2,819 3 35709 32415 33149 32935 32798 3 1870 1027 975 32344 13 508 6 11 864 8 13 145 1 12 787 8 14 145 5 16 083 5 14 401 0 15 177 5 15 740 7 13 505 2 13 592 8 2,171.5 2,080.5 1,982.1 1,740.1 2,263.1 2,822.6 43 536 2 41 033 0 37 560 5 40 309 9 37 130 4 42 081 7 41 589 3 40 530 5 38 057 6 41 570 2 38 672 1 41 636 2 9,400.7 9,098.5 8 179 4 8 754 0 8 113 7 96086 7,839.0 7,632.5 6,850.4 7,451.2 6,841.7 7,961.6 411.4 416.2 4476 3485 366.8 3312 1 1067 1 1843 1 043 1 10737 9372 1 086 2 2,256.9 2,108.8 2,060.4 2,202.9 2,115.0 2,580.1 1 1404 1 1053 944 1 1 0548 999 5 1 0555 4496 5080 461 3 3860 4152 3882 17487 17021 1 4347 16426 1 5069 1 659 2 1656 1764 2302 1464 1847 184 1 58.8 78472 7427 24636 6625 13384 1 0584 86311 1,782.1 5348 8503 2,290.7 3305 49.2 45.4 7717 5 6811 3 6063 23594 6352 20582 6348 6714 1 1304 8836 7751 6 1,650.0 6743 820 1 1,990 9 4532 1236 1329 3802 25957 3592 28248 124.0 70.2 69065 7796 23808 7528 69337 6046 23883 1 2003 9098 68337 1,605.4 688 5 783 0 7746 8500 1 851 2 20609 9766 5803 6 887 7 1,308.9 689 0 6833 1 5700 3989 668 5 1483 111 3 323 6 346 4 26368 3634 1 452 8 1079 393 8 29686 941 7 7478 75577 1,486.3 571 5 77.2 2,477.8 38 711 5 39 363 6 88402 7,429.9 3945 1 0748 2,371.3 1 0642 3580 1 506 4 1390 48.6 80777 6396 26168 6867 7321 2 937 0 2,818.0 2,602.9 1,722.6 1,956 2 40 602 6 40 653 0 rr41 238 3 41 859 6 40 543 2 39 560 5 41 244 3 41 969 6 90530 88185 9 804 2 86923 7,623.3 7,339.4 8,297.4 7,530.9 4812 3338 3725 2859 1 0538 1 085 2 1 2167 951 1 2,361.7 2,220.3 2,497.2 2,475.7 1046 1 1 0663 1 2137 1 201 7 4902 3910 4352 408 1 1 6600 1 529 6 1 6159 1 511 8 189 1 1447 1638 190 0 57.4 70.5 53.8 879 6459 21855 5583 8 473 5 8227 1 6762 674 7 24904 24659 601 0 6692 7 050 4 '747*3 23379 5524 7 158 2 *691 0 2557 5 7448 9889 6440 7 5553 1,525.9 1 1592 7408 67017 1,545.9 665 8 538 9 451 8 790 0 730 2 782 0 1 801 9 1 821 7 1 8935 1 291 5 7868 7 251 1 1,583.6 444 1 874 0 1 8467 1 5155 9429 7 1863 1,727.4 550 0 883 4 20250 1 5666 9164 7 697 8 1,717.0 8128 879 7 2 119 6 586 3 483 7 1363 105 5 296 1 302 3 3 170 1 2 452 2 401 8 145 8 333 8 2 347 7 390 6 107 7 375 3 2 584 8 400 9 * 140 1 507 7 3 284 9 6457 78433 1,389.0 605 0 165 4 363 5 2805 1 4,409 1 4,427 4 4 1004 58904 47682 4 7 7 4 4 37992 4 369 8 37573 40386 4 867 5 38,922.9 36,512.1 33 490 7 34 494 7 32 552 4 37 172 4 34 904 3 36 208 6 366974 37 317 6 36 992 1 1,728 3 17023 1 6893 1 9960 1 9368 2 1706 1 8808 1 8767 1 7287 1 6964 1 633 5 4908 454 5 3369 3426 329 5 3743 348 4 378 3 343 5 385 8 417 1 1,297.5 4,652.2 1,227.0 4,636.0 1,156.3 4,326.0 . 1,236.8 6,286.1 693 594 1,151.8 5,042.4 1,224.6 4,942.7 576 474 1,259.2 4,286.7 1,304.5 4,593.3 1,204.7 3,975.7 82 9 66 8 1 931 8 1 9195 1 7869 63 7 92 3 1 827 4 1 8383 5,097.7 1,202.8 4,099.3 1,287.2 5,115.4 687 63 1 1,857.4 1,735.4 1 561 0 19359 5,533.1 5,121.6 4,361.4 5,067.8 4,368.5 5,063.1 4,851.5 5,192.7 5,365.5 5,169.3 7 7023 6750 1 58360 64928 58224 6 116 5 5 910 0 6 529 1 6 937 1 8 050 5 7 806 4 1 727 2 20152 67 1 18 446 2 17911 3 16 923 2 15 642 1 15 590 7 18 582 1 17 165 5 17 338 6 17 803 1 17 047 0 17 098 1 6,193.5 6,112.6 5,718.3 4,738.7 5,355.1 6,675.5 5,653.8 6,216.3 6.068.5 5.234.9 5.367.5 '• SURVEY OF CURRENT BUSINESS S-18 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual October 1990 1989 1990 IT u M 1988 1989 Sept. Aug. Nov. Oct. Dec. Mar. Feb. Jan. Apr. May June July Sept. Aug. FOREIGN TRADE OF THE UNITED STATES—Continued Indexes Exports of U.S. merchandise: Unit value @ Quantity Value General imports: Unit value @ Quantity Value (3) 1977=100.. do . do .... 169.6 1498 254.1 do do do .. 1729 1751 (3) 3027 (3) Shipping Weight and Value Waterborne trade: Exports (incl. reexports): Shipping weight thous. met. tons., Value mil $ General imports: Shipping weight thous. met. tons. Value mil. $.. (3) (3) (3) 361,173 381,099 30,188 143 184 11736 23,165 8878 33,676 12378 35,408 12453 34,879 12803 31,785 12345 28,933 125 782 11293 33,816 13823 31,463 12866 31,303 12757 464 606 254,766 493 864 270,633 44960 23,835 40768 21,667 43826 25,265 42567 23,273 37983 21,316 45503 24,202 39796 21,415 41923 23,449 38616 22,150 44274 22,737 38.55 36.84 63.5 4915 61.9 4617 37.51 60.8 4721 41.74 67.1 5036 2798 TRANSPORTATION AND COMMUNICATION TRANSPORTATION Air Carriers Certificated route carriers: Passenger-miles (revenue) bil.. Passenger-load factor percent.. Ton-miles (revenue) total . mil Operating revenues (quarterly) # § .. .mil $ . Passenger revenues . .do Cargo revenues do . . Mail revenues do.... Operating expenses (quarterly) § do.... Net income after taxes (quarterly) § do.... Domestic operations: Passenger-miles (revenue) bil Cargo ton-miles.. . .mil Mail ton-miles do... Operating revenues (quarterly) § mil $ Operating expenses (quarterly) § do... Net income after taxes (quarterly) § do International operations: Passenger-miles (revenue) bil. Cargo ton-miles mil . Mail ton-miles do Operating revenues (quarterly) § mil $ Operating expenses (quarterly) §. . . . do. Net income after taxes (quarterly) § do... 432.71 44.38 34.70 62.5 63.2 53800 63679 50296 7,478 55457 72.4 5441 4500 972 60,236 423.30 31.81 59.2 4062 14,199 2,042 955 225 257 231 67,347 17,317 17,464 18,074 101 313 -575 -614 32931 4,843 32998 3297 4,916 1,415 54072 52,260 420 114 93.99 4,789 102.74 5,359 11.41 470 496 13402 12403 1 15 076 1 1,367 50187 47,739 1003 33.79 60.5 4470 18153 69211 53727 8,863 1,772 751 36.15 61.9 4711 35.10 59.9 4572 17047 12,956 2,355 60.5 2542 424 109 27.64 453 114 26.37 429 119 427 41 15 019 '-213 461 36 17467 13,479 2,283 25.46 24.65 29.68 380 121 375 111 446 126 8.51 7.42 8.22 489 40 498 44 426 70 4382 3728 4031 3910 -192 226 2790 425 119 3035 393 116 886 385 37 960 389 37 1140 736 761 723 1740 1784 1742 258 113 13719 14,049 329 383 87 9.28 387 180 57.3 4278 13302 13,537 13754 13,270 315 26.89 34.02 8.56 338 37 7.15 8.87 362 34 448 40 455 38 3748 4025 -285 Urban Transit Industry Passengers carried, total tT 1 100 18,668 8914 1 1 1 701 741 697 797 100 100 5,084 4,964 355 109 4 74 175 43 45 44 168.6 1 751 100 J 27,979 *27 135 785 5,094 464 1 734 100 '170 1772 760 19,750 1 J Freight carried—volume indexes, class I and II intercity truck tonnage (ATA): Common carriers of general freight, seas adj. ft 1967—100 Class I Railroads * Financial operations, quarterly (AAR), excluding Amtrak: Operating revenues, total # mil. $., Freight .. . . do Passenger, excl. Amtrak do Operating expenses do Net railway operating income .... do Ordinary income t .do Traffic: Revenue ton-miles, qtrly. (AAR) bil. Producer Price Index, line haul operations 12/84—100 r 8893 niil Motor Carriers Carriers of property, large, class I, qtrly.: Number of reporting carriers Operating revenues, total mil. $ Net income, after extraordinary and prior period charges and credits mil $ Tonnage hauled (revenue), common and contract carrier service. mil tons 168.5 165.4 166.9 165.9 165.5 172.0 169.2 173.2 27,956 27 059 6,864 6631 7,012 6775 7,104 6875 7,133 6912 7 1961 1 5886 6701 6226 6 142 2,319 25 038 1896 1 2,010 996.2 1,013.8 1048 1064 1 24 883 188 299 673 578 251.0 1068 1068 23 23 23 91 85 1069 1069 700 562 r 2604 1071 1071 107 1 1858 24 751 252 257.6 1068 1761 256 7 107 1 107 1 1070 2 776 1070 2 825 107 1 2 103 8 107 1 Travel Lodging industry: Restaurant sales index....same month 1967=100.. Hotels: Average room sale Q dollars.. Rooms occupied % of total.. Motor hotels: Average room sale Q dollars .. Rooms occupied % of total. Economy hotels: Average room sale ^ dollars Rooms occupied % of total.. Foreign travel: U.S. citizens: Arrivals (quarterly) thous . Departures (quarterly) do.... Aliens: Arrivals (quarterly) do... Departures (quarterly) do... Passports issued . do National parks, recreation visits ## do.... See footnotes at end of tables. 245 217 245 256 87.77 80.73 86.38 92.96 66 68 72 69 45.88 236 85.12 44.91 232 94.16 60 56.20 45.45 46.54 47.74 66 75 63 68 61 4062 3857 40 16 3743 3699 3747 66 79 67 68 62 1 18,120 1 17,603 1 15,099 1 13,550 3691 289 56,422 10,019 52 4018 50 5468 3955 5,010 4,139 3,550 3,234 4,725 4,323 182 97.01 56 46.97 17 583 1 17,209 1 13,804 1 12,211 4061 55,422 248 93.79 65 64 65 1 44.21 74 230 232 227 6,525 4,865 2,379 197 1,254 51 3978 55 226 264 229 296 276 259 224 100.06 101.15 100.74 9920 9200 8772 87 02 49.33 48.96 48.82 72 50.59 70 4087 62 75 52.38 76 4442 73 4469 4,059 3440 292 1,500 331 1,511 3143 437 2,268 71 72 48.21 51.65 72 70 44 13 43 56 70 69 2 1 528 2 1,493 2 1 300 2 1 128 74 68 74 4283 4071 76 77 71 75 39 92 79 2 2 1 609 1668 2 1 2 296 1 144 399 3,378 71 397 385 351 284 213 4,876 '7,695 10,314 9,930 6,584 r S-19 SURVEY OF CURRENT BUSINESS October 1990 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual ..., "nils 1988 1990 1989 1989 Sept. Aug. Nov. Oct. Dec. Jan. Mar. Feb. Apr. June May July Aug. Sept. TRANSPORTATION AND COMMUNICATION— Continued COMMUNICATION Telephone carriers: Operating revenues # Station revenues Tolls, message . . Operating expenses (excluding taxes) Net operating income (after taxes) Access lines mil. $ do do do do mil :: ::: CHEMICALS AND ALLIED PRODUCTS CHEMICALS Inorganic Chemicals Production: Aluminum sulfate, commercial (17% AhOs) thous. sh. tons .. Chlorine gas (100% C12)... . do Hydrochloric acid (100% HC1) .. do Phosphorus, elemental do Sodium hydroxide (100% NaOH) do .. Sodium silicate, anhydrous do.... Sodium sulfate (100% Na2SO4) do..., Sodium tripolyphosphate (100% NasPsOio) .. .. do Titanium dioxide (composite and pure) do .. Sulfur, native (Frasch) and recovered: Production thous met tons Stocks (producers') end of period do.... Inorganic Fertilizer Materials Production: Ammonia, synthetic anhydrous $ thous. sh. Ammonium nitrate, original solution $ Ammonium sulfate $ • Nitric acid (100% HNO3) $ . . . Nitrogen solutions (100% W t Phosphoric acid (100% P2O5) $ Sulfuric acid (100% H2SO4) :j: Superphosphate and other phosphatic fertilizers (gross weight): Production thous. sh. Stocks end of period Potash, sales (K2O) Imports: Ammonium nitrate thous met Ammonium sulfate Potassium chloride Sodium nitrate 1,173 11160 2628 1,232 11257 2640 343 10,527 812 817 108 913 365 11,075 873 799 241 31 985 77 62 580 47 1 110 92 549 1,022 103 918 105 942 98 912 94 916 207 33 976 59 65 102 904 105 921 58 60 194 28 959 75 60 188 28 988 59 61 99 887 94 901 103 942 244 31 960 65 62 233 28 964 79 60 200 32 956 87 60 201 30 965 73 60 204 29 1002 103 892 92 897 82 64 213 31 991 76 58 50 49 44 46 51 47 35 36 45 35 44 92 96 86 95 96 95 98 103 90 88 90 827 1,152 1,177 224 28 992 73 61 225 31 1,008 r '9618 1,112 10398 1,301 808 794 1,483 1,500 1,492 1,370 1,302 1,274 1,292 1,188 1,111 837 1,102 tons .. 16,821 16825 1,268 1,292 1390 1400 1321 1,439 1375 1506 1415 1439 do do do do.... do.... do .... 7504 2333 7,991 2,901 11,677 42,141 7966 2354 8016 2913 11,566 43,410 606 195 616 204 971 596 191 593 228 958 673 194 661 250 628 175 671 225 930 618 232 689 254 3,541 3,613 3,601 606 208 661 233 931 3424 643 228 680 253 3,691 675 200 699 258 980 3,638 697 212 729 247 1012 3716 640 200 653 220 980 1016 3731 1,019 3825 tons .. do do 16,858 879 5705 18128 1,472 1,429 937 1-5745 826 529 769 409 1578 1,540 1422 1528 1388 1642 1609 tons do do do 267 337 6796 131 Mil 4 307 54 498 150 29 19 472 12 24 16 495 6 5,320 166,788 742,275 455,702 440 14,481 62,833 38,444 479 14,048 61,358 36,555 23.1 31.3 715.7 25.7 874.8 122.2 4 868 819 836 808 820 848 852 489 943 414 937 762 29 48 558 26 21 460 13 29 21 431 23 495 13,521 61,850 36,827 383 13,023 66,094 34,763 27.2 26.2 7015 19.7 709.3 117.1 238 (2) 902 560 787 851 365 732 454 362 11,295 62,074 36,512 372 10,957 67,807 40,496 644 709 r 1 341 911 1399 492 208 555 205 1026 3759 568 190 625 236 956 3534 1050 3785 1 555 1439 1576 723 631 642 327 962 275 335 11,625 62,902 38,361 340 11,443 64,036 39,291 Industrial Gases Production: Acetylene Hydrogen (high and low purity) Nitrogen (high and low purity) Oxygen (high and low purity) 532 14,114 63,719 36,422 mil. cu. ft .. do..., do.... do.... 5,297 177,008 722,013 451,999 thous. met. tons.. do do.... mil. lb.. thous. met. tons.. do .... 10.7 115.4 2,848.8 281.7 rl 3,693.4 1 452.9 mil. tax gal .. do.... 777.6 39.7 960.1 54.3 81.0 40.5 89.0 42.5 92.0 42.5 88.8 49.5 86.8 54.3 87.4 mil. wine gal do.... do.... do.... 4637 469.9 216.0 9.2 5143 502.2 200.5 24.5 44 5 40.9 15.8 458 459 447 41.3 16.7 13.2 41.4 51.7 474 51 9 65.5 356 10,364 65,792 37,225 337 10,536 64,417 39,036 402 r !0 658 r 65,353 r 39,206 Organic Chemicals § Production: Acetylsalicylic acid (aspirin) Ethyl acetate Formaldehyde (37% HCHO) Glycerin, refined, all grades Methanol, synthetic Phthalic anhydride ALCOHOL Ethyl alcohol and spirits: Production Stocks, end of period Denatured alcohol: Production Consumption (withdrawals) For fuel use Stocks, end of period See footnotes at end of tables. rl rl 1 86 1298 2,890.5 293.3 3,237.7 499.6 1.8 r 8.8 21 327 147 18.6 259 16.0 41.4 218 24.5 509 350 209 258 16 285 6903 284 7530 1041 232 254 10 282 7487 253 9927 1184 235 663 S-20 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 SURVEY OF CURRENT BUSINESS Annual ,. ., 1988 October 1990 1990 1989 1989 Aug. Sept. Oct. Nov. Dec. Jan. Mar. Feb. Apr. May July June AU*. i Sept. CHEMICALS AND ALLIED PRODUCTS-Continued PLASTICS AND RESIN MATERIALS Production: Phenolic resins thous. met. tons .. Polyethylene and copolymers do Polypropylene do Polystyrene and copolymers do Polyvinyl chloride and copolymers do .... 765.3 '84796 '3291 6 4 1662 '3,895.5 PAINTS, VARNISH, AND LACQUER t Total shipments mil $ Architectural coatings do Product coatings (OEM) do Special purpose coatings do.... 10716 1 4 372 1 4 062 9 2,281.1 7 701 6 3 004 5 1 913 1 7077 1 885 5 747 2 1 941 9 8289 2077 4 8400 5,004.6 1,254.3 1,227.7 1,029.1 1,073.6 1 1 567 4 1 114 4 4 730 8 484 2 4 353 o 381 6 248.7 2,483.6 9959 399 0 379 5 217.4 1 0197 414 4 3808 224.5 934 9 361 1 361 6 212.1 8667 3488 3027 215.2 904 0 364 5 322 6 217.0 1 0482 443 7 3740 230.4 1 064 5 1 1059 '443 6 471 2 3628 381 0 258.0 253.7 1 107 5 4707 3689 267.9 237,047 213,611 23,436 212,717 188,556 24,162 225,716 197,668 28,048 210,796 185,404 25,393 248,895 221,259 27,634 772 4 298 3 3088 165.3 1 061 7 467 4 3320 262.3 ELECTRIC POWER AND GAS ELECTRIC POWER Production: Electric utilities, total mil. kw.-hr.. 2,704,250 2,780,775 By fuels do 2,481,311 2,515,714 By waterpower. . .. do 265,061 222,940 Sales to ultimate customers, total (Edison Electric Institute) mil. kw.-hr.. 2,549,909 2,560,087 Commercial § do 695,181 698,518 887,474 880,947 Industrial § do .... 5,127 5,110 Railways and railroads do.... Residential or domestic . . . . do 884,884 885,146 Street and highway lighting do .... 14,537 14,537 Other public authorities do . 65,063 64,598 4,483 4,392 Interdepartmental do .... Revenue from sales to ultimate customers 163,364 (Edison Electric Institute) mil $ 162,188 (JASO Total utility gas, quarterly (American Gas Association): Customers, end of period, total @ Residential Commercial Industrial @ Other Sales to customers, total Residential Commercial Industrial Electric generation Other Revenue from sales to customers, total Residential Commercial Industrial Electric generation Other thous.. do do do do tril. Btu , do do do do do 52,683 48,377 4,088 168 50 10,691 4,692 2,304 2,204 1,331 160 mil $ . do do do do do ... 46,109 24,812 10,670 6,702 3,387 539 258,336 238,148 20,187 219,587 199,512 20,076 226,848 207,929 18,919 708,773 203 271 233,394 1,273 250,044 3,486 16,064 1,241 218,980 197,794 21,186 258,637 236,815 21,823 639,525 174,818 226,341 1,342 213,945 3,982 18 056 1,042 ::::::::::::::::: 48,125 \ 40,648 222,563 195,560 27,002 654,492 173,215 220,221 1 372 236,436 3,908 18,194 1,145 627,551 177,148 227,655 1271 199,176 3,456 17,747 1,097 41,479 40,713 FOOD AND KJ[NDRE D PRODUCTS; TOBA ceo ALCOHOLIC BEVERAGES Beer: Production mil bbl Taxable withdrawals do. Stocks, end of period do .... Distilled spirits (total): Production mil. tax gal .. Consumption, apparent, for beverage purposes mil. wine gal.. Stocks, end of period mil. tax gal .. Imports mil. proof liters Whisky: Production mil. tax gal Stocks, end of period do.... Imports mil. proof liters.. Wines and distilling materials: Production mil. wine gal. Taxable withdrawals do ... Stocks, end of period do... Imports mil. liters . Still wines: Production mil. wine gal. Taxable withdrawals do ... Stocks, end of period do ... Imports mil. liters. Distilling materials produced at wineries mil. wine gal. See footnotes at end of tables. 199.14 179.50 14.60 198.02 178.23 14.89 18.35 17.41 14.33 15.28 14.77 13.56 15.82 14.32 13.06 14.78 13.40 12.86 13.45 12.10 14.60 16.46 14.26 13.53 94.84 112.89 6.64 10.31 12.28 10.95 9.43 11.63 378.45 420.92 363.20 371.46 426.67 3 368.54 29.94 422.59 33.85 28.60 413.86 32.90 31.05 423.34 54.08 37.51 423.93 40.00 43.49 426.67 25.13 25.60 428.89 77.88 368.85 223.97 5.24 370.53 21.44 5.56 361.28 18.34 4.93 366.50 36.46 7.74 367.07 23.21 7.18 368.85 14.34 8.19 370.84 30.72 29.271 18.62 49.30 i 29.57 26.83 15.84 3 54.96 2.761 1.79J 19.571 3.43 j 3.48 2.80 19.44 4.11 3.091 4.17J 24.99 7.82 3.11 i 4.541 18.031 17.631 1.73 3.02 15.84 4.64 470.95! 445.17 586.89J 257.40 i 410.04 411.23 582.16 •'242.05 36.56 38.66 396.84' 20.44! 147.121 34.12! 538.39] 17.761 119.11 34.28| 586.15| 28.51] 17.95 33.32 582.16 19.75 12.24; 28.12| 24.721 47.73' 36.231 588.01! 27.971 I 9.071 48.35 364.56 231.90 131.76 3 2.04 .96| 17.701 8.34 31.04 587.23 15.74 13.38 14.28 17.97 15.89 14.49 17.47 15.23 15.10 18.10 16.91 14.91 26.32 '28.88 28.641 18.58 16.89 14.98 30.84 [ | 2.09 .97 18.76 1.30 19.13 5.87 J 29.64 585.87 7.11 37.04 571.071 T" 2.48J 1.42 1.52 18.30! 1.56 . 1.83 18.75 6.01| 5.60' 35.33 38.42 584.33 572.32 I |. |. i i 3.52J 3.56 1 1 1 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINKSS STATISTICS, 1901-88 S-21 SURVEY OF CURRENT BUSINESS October 1990 Annual ., .. 1988 1990 1989 1989 Aug. Sept. Nov. Oct. Jan. Dec. Feb. Mar. Apr. May June Aug. July Sept. FOOD AND KINDRED PRODUCTS; TOBACCO—Continued DAIRY PRODUCTS Butter: Production (factory) . Stocks, cold storage, end of period Producer Price Index Cheese: Production (factory) total American, whole milk Stocks, cold storage, end of period American, whole milk mil Ib do.... 1982=100.. 1,207.5 214.7 8 90.8 1,273.5 256.2 88.0 80.7 439.7 90.5 81.6 407.9 89.4 95.1 370.6 85.5 94.4 294.1 85.4 107.4 256.2 84.9 134.0 262.0 74.0 127.3 285.8 74.1 136.2 318.8 74.1 125.6 349.1 74.3 121.6 392.2 67.2 95.9 411.4 68.4 85.1 418.1 70.9 mil Ib do.... do .... do 5,572.0 2,756.6 388.1 283.4 114.6 5,613.9 2,672.6 328.0 234.8 "126.6 454.7 210.2 419.8 302.3 12.3 448.5 204.6 370.2 271.4 12.9 464.0 209.2 331.4 250.1 13.3 453.0 206.4 330.6 235.2 14.5 489.5 230.8 328.0 234.8 15 5 483.7 231.7 360.1 260.8 471.9 239.8 378.8 275.1 530.0 255.2 395.8 291.8 515.0 249.9 411.0 298.3 545.4 264.6 432.1 312.6 528.8 252.5 461.6 331.0 502.6 236.4 480.1 356.1 Price, wholesale, cheddar, single daisies (Chicago) $ per Ib Condensed and evaporated milk: Production, case goods mil Ib. Stocks, manufacturers', case goods, end of period . do Exports thous met tons Fluid milk: Production on farms t mil. Ib. Utilization in manufactured dairy products ' do Price, wholesale, U.S. average $ per 100 Ib . Dry milk: Production: Dry whole milk mil Ib Nonfat dry milk (human food) do... Stocks, manufacturers', end of period: Dry whole milk do... Nonfat dry milk (human food) do... Exports, whole and nonfat (human food) thous met. tons Price, manufacturers' average selling, nonfat dry milk (human food) $ per Ib. GRAIN AND GRAIN PRODUCTS Exports (barley, corn, oats, rye, wheat) mil. bu . Barley: Production (crop estimate) mil. met. tons . Stocks (domestic), end of period, total do... 408.2 70.6 487.8 229.3 471.3 354.3 452.4 341.3 (5) 525.1 41.5 37.3 35.7 34.4 40.4 43.5 46.0 53.9 46.9 50.3 53.7 49.3 50.8 44.1 3.5 26.6 8 13.8 116.7 .5 98.7 .5 69.7 .3 42.8 .3 26.6 48.0 65.8 845 89.5 88.9 97.3 101.1 104.5 123,518 122,531 10,074 9,668 9,878 9,654 10,047 10,479 9,813 10,997 10,842 11,226 10,696 10,695 !0,479 10,019 85,089 12.22 85,714 13.29 6,926 13.20 6,490 14.00 6,651 14.70 6,428 15.50 6,859 16.10 7,373 15.70 7,182 14.40 7,943 13.70 7,950 13.40 8,425 13.50 7,905 13.80 7,546 14.10 'r'i'4.30 ''Tub 172.3 979.7 175.8 874.7 15.0 52.7 14.2 44.9 16.7 48.1 16.3 51.2 17.2 64.8 18.9 61.4 12.9 71.1 10.9 77.4 17.1 90.0 14.0 95.1 15.6 83.3 13.6 72.7 12.3 • 62.9 12.8 45.1 13.0 49.4 8.9 56.9 6.2 44.6 8.0 36.1 10.0 32.4 13.0 49.4 18.0 49.3 16.2 57.0 15.2 59.2 17.4 62.4 16.0 70.3 16.5 92.6 14.9 107.8 12.2 122.6 157.1 20.3 14.7 .993 .979 1.064 .956 .843 .798 .927 1.072 1.118 1.087 1.063 590.1 153.1 .773 8 3,448.3 (5) 2 6.3 14 7 8.102 7 3 973 7 2 8.784 7 7.689 74992 4. 129 8 73.597 2,244.4 1,841.8 Off farms ' do Exports, including malt § thous. met. tons. Producer Price Index, No. 2 feed, 110.4 Minneapolis 1982—100 117.9 Corn: Production (crop estimate, grain 2 125 19 2 191 20 only) mil met tons Stocks (domestic), end of period, total do... 77 179.63 77 179.82 119.36 108.72 On farms ' do 7 70.90 i 7 6 0 . 4 6 Off farms do * 56.66 46.32 Exports, including meal and flour do ... Producer Price Index, No. 2, Chi97.1 102.4 cago 1982= 100 .. Oats: 2 2 Production (crop estimate) mil. met. tons5.425 3. 158 Stocks (domestic), end of period, 6 6 1.427 1.626 total do 6 6 .870 1.116 On farms . do 6 6 .557 Off farms do .510 Exports, including oatmeal metric tons . . 29,989 * 58,387 Producer Price Index, No. 2, Minneapolis 107.1 135.4 1982=100.. Rice: 2 7.0()7 '7.253 Production (crop estimate) mil met tons Southern States mills: 12,918 8,985 Receipts, rough, from producers mil. Ib.. Shipments from mills, milled rice do 8,061 6,722 Stocks, domestic, rough arid cleaned (cleaned 2,741 2,011 basis) end of period mil Ib Exports thous. met. tons .. "3,024 2,199 Producer Price Index, medium grain, 107.9 112.6 milled 1982-100. Rye: 2 2 .373 Production (crop estimate) .mil met tons. .342 Producer Price Index, No. 2, 69.1 Minneapolis 1982=100.. 69.1 Wheat: Production (crop estimate), total 2 2 55.41 49.32 mil. met. tons .. 2 2 6.81 15.84 Spring wheat .. .. do .. 2 42.51 239.57 Winter wheat do .... Distribution, quarterly @ do.... 64.04 71.32 7 7 38.58 46.70 Stocks (domestic), end of period, total do.... 7 7 16.87 15.84 On farms do 7 7 29.83 22.74 Off farms do 8 37.87 41.33 Exports total including flour do 1,469.2 1 Wheat only . mil bu (5) See footnotes at end of tables. 83.8 423.9 69.9 r 4.6 6.7 r 15 1.309 1.220 1.410 224.2 114.9 ! . i 9.078 5 516 3.562 213.1 192.6 110.9 7.634 4.059 3 574 110.4 114.9 112.3 112.8 109.7 6.58 94.2 f \ '49.04 '24.58 '24.46 2.72 2.90 4.45 179.82 119.36 6047 7.47 94.8 94.7 91.8 95.9 5.501 2.239 3.262 118.6 114.9 116.5 121.2 122.25 73.93 48.32 93.9 96.9 8 945 5.626 3.319 " 3.501 4 1.058 r4 2.443 121.7 126.9 ! "72.22 19 41.24 19 30.98 99.2 108.8 f1 r. • „ ! . . : 113.5 116.4 101.3 104.5 118.1 34 1 r, 19.17 14.98| 100.2 94.9 74.0 66.0 64.5 555 112.6 rt2.278 6 '1203 716 1 1 075 3,138 4,798 6,597 2,519 2,423 85.3 84.5 82.4 87.4 92.2 88.2 79.8 558 3,861 J ,652 646 850 1,120 504 670 765 598 553 594 711 178 2,574 273 2,950 279 2,723 261 2,741 260 2,788 2,380 1,800 1,468 1,285 1,107 112.1 110.9 110.8 106.4 106.0 107.1 107.7 107.5 108.3 106.6 104.0 103.9 104.0 97.6 59.3 60.8 68.9 67.4 65.9 73.3 64.5 64.8 71.8 68.9 68.1 62.1 65.9 64.5 2.50 13 58 38 75 16.11 22.63 2.03 2248 52.18 22641 2954 3.71 i 4.28 83.5 82.4 88.2 81.9 951 547 299 345 235 243 583 713 579 496 490 433 510 810 697 13.17 25.67 10.23 15.43 2.30 1382 14.60 4 5.78 "882 rl 65 37 27081 38 29 i S-22 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 .. ¥I un 8 " 1988 October 1990 1989 Annual 1989 Aug. 1990 Oct. Sept. Nov. Dec. Jan. Mar. Feb. Apr. June May S«p,. Aug. July FOOD AND KINDRED PRODUCTS; TOBACCO—Continued GRAIN AND GRAIN PRODUCTS— Continued Wheat— Continued Producer Price Indexes: Hard red winter, No. 1, ord. protein (K.C.) 1982=100.. Hard red spring, No. 1, ord. protein (Minn.) 1982=100.. Wheat flour: Production: Flour thous sacks (100 Ib ) Millfeed thous. sh. tons .. Grindings of wheat . thous bu Stocks held by mills, end of period thous. sacks (100 Ib.)., Exports thous. met. tons ., Producer Price Index 6/83—100 90.8 109.1 106.6 105.2 105.6 107.7 109.2 108.6 102.7 98.6 101.9 94.3 95.4 78.1 71.8 71.8 93.1 108.7 106.9 106.1 106.2 105.0 108.6 110.1 104.7 99.7 103.4 103.7 102.2 93.7 77.6 75.7 344 154 328 500 5,828 6,163 769 699 731 338 31 608 558 70565 28248 503 63619 30462 529 67445 29287 514 65096 26360 '455 58665 27 906 497 63393 27963 493 64038 29213 512 66725 26 958 478 61 567 27 634 492 63566 26719 468 60572 27r711 485 62 258 33033 560 74011 5,207 4,800 960.80 2 1,195.53 1020 1105 114.51 1107 5,489 177.08 1095 66.25 1085 134.94 1087 5,207 71.42 1096 1094 1090 1069 108 8 1717 2029 1 872 513 272 575 319 5,072 r r 5818 r 91 8 !07 9 1056 99 4 927 2075 1 951 1 963 2 179 666 406 760 489 810 541 r 846 r 593 848 617 335 POULTRY AND EGGS Poultry: Slaughter . mil Ib Stocks, cold storage (frozen), end of period, total mil Ib Turkeys do Price, in Georgia producing area, live broilers $ per Ib . Eggs: Production on farms . mil cases § Stocks, cold storage, end of period: Shell thous cases § , Frozen mil Ib Price, wholesale, large (delivered; Chicago) $ per doz., 20705 22 144 451 250 469 236 r 2088 768 574 1 862 1 971 1 903 1 879 1 892 769 569 776 572 479 258 469 236 504 267 623 354 315 352 355 355 290 290 270 280 305 350 315 335 330 370 310 1935 9 20 1864 156 15 1 157 154 160 158 143 162 156 160 154 159 159 12 14 17 15 23 14 6 15 11 13 12 14 22 14 16 15 23 17 20 17 21 17 22 18 29 17 19 17 18 17 .583 .777 .796 .772 .794 .891 .943 .886 .751 .861 786 603 669 642 2,411 34,048 2,100 33,010 189 2,975 173 2706 191 2876 175 2694 167 2600 175 2775 145 2437 165 2696 128 2552 137 2920 132 2873 139 2789 147 2918 132 2553 6958 7252 7109 6844 6969 7248 7521 7673 7661 78 15 7936 77 57 7563 7446 7622 7575 8050 227.67 8145 248.62 84 54 263.00 8356 258.75 81 24 244.38 8265 242.90 8230 230.00 8247 248.50 8286 255.00 87 50 90 81 91 90 94 74 93 50 92 30 91 50 85,516 86,328 7,392 7,493 7,823 7,815 7,012 7,407 6,643 7,279 6,785 6,799 6,152 5,983 7,110 6,722 43.91 47.04 44.58 47.49 47.21 49.65 48.41 49.48 52.56 54.63 62.80 61.34 62.54 56.37 55.64 201 190 210 21 2 205 208 21 6 21 4 234 229 232 479 431 481 466 465 426 LIVESTOCK Cattle and calves: Slaughter (federally inspected): Calves thous. animals.. Cattle do..., Prices, wholesale: Beef steers (Omaha) $ per 100 Ib Steers, stacker and feeder (Kansas City) do Calves, vealers (So. St. Paul) dollars. Hogs: Slaughter (federally inspected) thous. animals . Prices: Wholesale, average, all weights (Sioux City) $per 100 Ib. Hog-corn price ratio (bu. of corn equal in value to 100 Ib. live hog) Sheep and lambs: Slaughter (federally inspected) thous. animals . Price, wholesale, lambs, average (Omaha) $per 100 Ib. MEATS Total meats (excluding lard): Production mil Ib Stocks, cold storage, end of period do ... Exports (meats and meat preparations) thous. met. tons . Imports (meats and meat preparations) do ... Beef and veal: Production total . mil Ib Stocks, cold storage, end of period do ... Exports thous. met. tons . Imports do... Price, wholesale, beef, fresh steer carcasses, choice (600-700 Ibs.) (Central U.S.) $ per Ib. Lamb and mutton: Production, total mil Ib Stocks, cold storage, end of period do .... Pork (excluding lard): Production, total do... Stocks, cold storage, end of period do .... Exports thous met tons Imports do Prices: Producer Price Index, Hams, smoked 1982-100 Fresh loins, 8-14 Ib. average, wholesale (N.Y.) $ per Ib . MISCELLANEOUS FOOD PRODUCTS Cocoa (cacao) beans, imports (including shells) thous. met. tons.. Coffee: Imports, total metric tons From Brazil do U.S. Import Price Index 1985—100 Fish: Stocks, cold storage, end of period mil. Ib., See footnotes at end of tables. 43.25 173 193 20 1 r 223 233 430 463 422 5,122 5,295 476 440 468 467 457 60.71 61.20 63.31 56.67 58.33 55.03 56.38 (') 39763 716 39418 535 3483 576 3317 557 3 524 538 3411 554 3 171 535 3350 565 2973 610 3257 637 3 047 651 3 320 633 3 174 592 3 095 566 3r428 507 3 093 507 109 1 965 272 2 090 '247 1 839 249 1,081 2 1,301 117 101 121 122 1,263 2 1,110 95 74 87 89 23811 323 443 753 23319 256 2 568 2 682 2 121 248 53 59 1 941 237 44 45 2072 225 54 54 1 934 242 48 56 1 852 256 43 61 1 959 265 1729 274 1 898 312 1770 300 2033 277 2 004 263 1.031 1.078 1.043 1.021 1.031 1.070 1.114 1.133 1.128 1.136 1.147 1 143 1122 329 6 342 8 29 8 27 7 30 8 31 8 31 8 32 8 29 9 32 8 31 8 31 8 28 10 15,623 358 147 439 15,757 256 2 152 2 358 1,333 278 12 30 1,349 278 12 24 1,421 '276 17 26 1,446 279 15 27 1,288 256 14 26 1359 272 1215 307 1328 297 1 247 319 234 140 204 95 104 162 92C 119698 249 295 19 526 692 117 088 20969 533 130 799 32 745 105 479 17 140 100 372 13 213 47 6 428 444 427 419 430 962 (i) 1 188 (') 2 2367 920 040 252 780 910 394 2661 ! 1 2 430 93 1 256 323 354 322 30 9 1 102 '256 1 309 -225 334 347 r 592 401 1 142 293 28 10 57 8 320 327 337 27 9 1 228 225 63 1 S-23 SURVEY OF CURRENT BUSINESS October 1990 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 ,, .. 1990 1989 Annual un118 1988 1989 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. FOOD AND KINDRED PRODUCTS; TOBACCO—Cont. MISCELLANEOUS FOOD PRODUCTS-Cont. Sugar: Imports raw and refined Producer Price Indexes: Raw (cane) Refined Tea, imports . . . thous met tons 1982—100 do metric tons 877 365 4412 044 1213 4 1542 45586 226 50385 106 51 657 97 45619 119 28927 85 1155 1182 85 257 1183 1186 6790 1188 1204 7070 1180 1192 7634 1179 1201 6964 1175 1220 7053 10684 18418 3631 17729 11553 18025 15234 32072 13351 3803 19644 16164 14,395 47 155 220 3,046 12,151 44 444 208 2,220 12,888 48 177 202 2,672 12,966 49863 201 2,760 14,030 43848 178 5,629 ill 9 1089 90143 4 TOBACCO Leaf: 1 1370 1 1,414 Production (crop estimate) mil Ib Stocks, dealers' and manufacturers', 3803 4020 end of period do Exports incl scrap and stems metric tons 216 481 4 224 382 Imports incl scrap and stems do 196 429 4 180 286 Manufactured products: Consumption (withdrawals): Cigarettes (small): Tax-exempt millions.. 132,953 543 378 Taxable do 2430 Cigars (large) taxable do Exports, cigarettes do .... 118,499 '41,755 1189 1224 1179 1232 1188 1217 1203 122.4 119.7 122.5 119.0 122.5 119.7 123.1 119.6 122.8 119.7 122.7 181.2 179.5 178.9 176.9 177.3 135.0 1213 113.3 135.7 1215 113.4 3624 12,517 38369 159 12,234 41 157 157 176.6 178.0 177.7 179.5 LEATHER AND PRODUCTS LEATHER Exports: Upper and lining leather Producer Price Index, leather thous. sq. ft.. 215,358 1982-100 .. 167.5 170.4 171.5 172.5 172.9 173.0 174.0 19 676 17 405 18956 17 488 14322 17824 17 186 18492 16669 18918 16 734 14 805 12696 5863 1 117 342 11735 4679 991 305 12502 5464 990 431 11521 4562 1405 510 10125 2575 1622 254 12 106 3813 1905 335 11677 3812 1697 374 12475 4329 1688 323 11450 3579 1640 347 12676 4050 2,192 381 11 019 r 3440 r 2275 337 10305 2,144 2,356 199 129.3 1180 109.1 131.0 1180 110.0 131.0 1180 109.2 131.0 1178 110.9 129.8 1187 112.5 131.6 1189 114.3 135.4 1200 114.3 136.5 1200 114.3 136.4 1199 114.2 136.4 1213 114.3 134.1 1213 114.3 137.0 1213 113.3 LEATHER MANUFACTURES Footwear: 235 141 210 490 Production total thous pairs Shoes, sandals, and play shoes, except athletic thous pairs 162 507 Slippers do 55 181 57534 17453 Athletic do 3680 3410 Other footwear do Exports do .... 18,394 Producer Price Indexes: Men's leather upper, dress and casual 127.5 121.3 1982=100.. 1162 1125 Women's leather upper. . . do 107.5 Women's plastic upper do.... 110.0 LUMBER AND PRODUCTS LUMBER— ALL TYPES # National Forest Products Association: Production, total mil. bd. ft. Hardwoods do.. Softwoods do..., Shipments, total do .... Hardwoods do.... Softwoods do Stocks (gross), mill, end of period, total do.. . Hardwoods do.... Softwoods do Exports, total sawmill products do.... Imports, total sawmill products thous. m3.. 2 49,576 2 11, 446 2 r 2 48 533 2 10 988 2 37,545 2 49,003 2 11,347 2 37 656 4,023 832 3,191 3,977 836 3 141 3787 700 3,087 3,823 698 3125 4172 782 3,390 4,081 839 3242 3,811 905 2906 3,854 971 2883 3615 775 2,840 3,626 750 2876 4160 921 3,239 4,035 922 3 113 3862 868 2994 3,870 874 2996 4300 939 3,361 4,317 954 3363 4121 866 3255 4,173 858 3315 4084 936 3148 3,952 887 3065 3944 839 3,105 r 4,176 871 r 3305 3747 870 2877 3,679 754 2925 4898 4797 4 762 4908 4934 4898 5022 5022 5020 4961 5043 4 831 4783 64,355 6,479 5,146 5,766 5,778 3,913 10,031 636 10029 9,943 876 2,202 344 1859 9552 501 9620 9,687 809 4 2,781 4 335 4 2 450 800 540 806 825 735 245 33 213 850 527 949 906 783 186 29 158 688 506 754 709 828 241 22 220 852 560 850 793 866 766 530 779 79(5 849 945 559 912 916 845 808 527 845 840 850 783 537 785 773 862 875 559 780 855 803 704 546 707 717 793 135.7 151.6 38,130 2 49,134 2 11,163 2 37 971 4999 33,547 4 r SOFTWOODS Douglas fir: Orders, new mil. bd. ft.. Orders, unfilled, end of period do.... Production do Shipments do. . Stocks (gross), mill, end of period do.... Exports, total sawmill products thous. m3.. Sawed timber do.... Boards planks scantlings, etc . do Producer Price Index, Douglas fir, dressed 1982=100.. See footnotes at end of tables. 162.8 853 583 815 810 740 200 28 172 160.7 156.8 137.8 780 501 766 785 809 472 36 436 138.4 141.2 144.8 146.7 149.5 141.8 137.3 143.5 609 420 734 735 792 140.2 136.2 S-24 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 October 1990 1990 1989 Annual .... Ln w 1988 1989 Aug. Oct. Sept. i Nov. Jan. Dec. Mar. Feb. Apr. Sept. Aug. July June May LUMBER AND PRODUCTS—Continued SOFTWOODS— Continued Southern pine: Orders new mil bd ft 1 1 12 366 635 924 716 12,544 12 567 1049 2050 2072 1 237 638 1 206 52( 2021 126 304 12 597 834 Production do. .. Shipments do Stocks (gross), mill and concentration yards, end of period mil bd ft 1 12,676 1 12 600 Producer Price Index, southern pine, dressed 1982-100.. Western pine: Orders, new mil bd ft , Production Shipments Stocks (gross), mill, end of period Producer Price Index, other softwood, dressed. . . 1 1 986 107.2 1 184 845 885 735 1,038 1 048 1,054 1 000 960 695 990 1 000 1,015 1,233 1,032 1,121 1 166 1,091 1037 1,142 1 176 1,021 1042 2,058 2,027 2,006 l!9.5 116.1 116.3 114.1 859 535 922 915 1,004 582 876 957 817 531 852 868 885 506 876 910 859 635 904 913 1 161 985 689 1,155 1,098 1,065 1075 1,006 1 006 1,080 1069 718 784 685 709 2014 58860 2066 136 776 2059 86923 2050 97 206 2038 2039 2050 2,006 105.5 112.0 105.8 105.9 106.9 110.0 112.4 116.8 938 533 915 946 999 535 855 506 896 864 1,057 881 610 893 899 1,084 889 591 951 950 r 73Q 733 110.5 112.4 108.0 11426 11 143 984 541 11 395 11 413 1,347 11 229 11 174 1,402 1 017 1 001 1,361 997 854 515 869 874 1,330 1,375 1,370 1,402 1,449 1,443 1028 1042 1,429 1,430 1,437 1,302 1,285 1,251 1982-100 1201 127 1 1300 1286 127.9 1260 125.8 126.2 128.2 129.9 132.7 131.3 129.1 128.3 125.7 mil. bd. ft .. do. do... 8.9 193.0 10.9 9.7 2065 11.9 191 10.6 19.0 10.3 16.6 9.7 15.6 13.4 15.9 14.8 16.1 15.9 19.9 16.3 16.4 16.5 18.7 15.4 18.5 15.5 15.4 13.0 19.2 11.9 18.7 7.6 9.0 7.1 7.4 7.2 7.9 7.9 537 do do do..., 506 1 042 628 982 935 652 125.4 HARDWOOD FLOORING Oak: Orders, unfilled, end of period Shipments Stocks (gross), mill, end of period 7.6 9.8 8.8 10.7 16.8 7.8 7.7 8.2 6.6 7.1 METALS AND MANUFACTURES IRON AND STEEL Exports: Scrap Pig iron Imports: Steel mill products Scrap Pig iron Production Receipts net Consumption 2069 10098 do .. do .. do do do Iron and Steel Scrap thous sh tons do do 71 1 20 891 1038 700 '27445 1 49 613 '76822 4 554 Composite price, No. 1 heavy melting scrap: American Metal Market $ per long ton .. 4 578 13 305 12 17320 1 120 302 269 364 754 2 374 313 365 352 318 1,054 (3) 251 988 (3) 386 1233 1,218 1,117 1,137 1,045 1,274 1,193 1,164 1,086 1,032 1714 1 491 1028 1430 1 111 1,120 1,313 1,629 96 26 118 58 1466 1,591 91 47 1456 73 15 118 25 130 65 2074 3,553 5,709 4439 2,134 3,797 6,138 4296 2,045 3,659 6,014 4 105 r 2,236 r 3,787 r 6,212 r 4 083 2,171 3,925 6,091 4099 106.05 110.93 107.65 105.70 114.33 461 1 618 5 2 1 2 1 531 1 400 488 74 40 70 39 76 75 25454 46 731 73 105 4620 2017 3654 5844 4427 2099 3634 5799 4 450 2030 4,033 6,024 4591 1990 3,656 5,653 4617 1,983 3,325 5,347 4620 2 159 3,560 5,929 4330 97.05 102.74 102.96 100.02 72 23 105 20 72 5 335 (3) (3) 3 145 9 3 (3) 108.98 107.30 104.86 102.62 99.58 96.67 57 347 ' 56 694 20126 57872 56 530 19596 4876 6220 1921 4776 5 437 1520 4,703 5,735 1,705 4,645 5,520 1,588 4609 4078 1,325 4555 2021 4572 1378 1023 4,522 1,976 691 4,741 5,123 1,157 5,067 6,299 1,550 5,333 6,162 822 '73,216 71,156 7,342 6,699 6,642 6,176 5,580 3,401 2,508 3,128 5,936 7,095 7,490 8,205 8,163 '71,863 5286 23490 3296 18,004 2,190 73,059 r 5 365 22476 4 575 15,730 2171 5,737 5,764 6,190 5,506 5,364 5,951 5,385 6,079 6,056 6,315 6,390 6,573 6,867 100 250 22275 6664 13,844 1767 22588 6004 14,780 1,804 21429 4,976 14,933 1,520 21448 4,107 15,546 1,795 22476 4,575 15,730 2,171 22088 7,101 13,134 1,853 21986 10,296 10,265 1,425 20,958 12,810 7,313 20,609 12,436 7,246 927 20,501 11,206 8,091 1,204 21019 10,377 9,234 1,408 10,748 1,828 12,045 1,788 ' 55,745 ' 59 047 55,873 56 335 4,172 4491 4,403 4546 4,692 4372 4,202 4,103 4,638 4,359 4,221 3993 4,681 4,319 4,549 4,630 4,746 4768 4,530 4530 4,656 4,788 250 4,322 4146 308 9 247 6782 7 490 5*323 639 475 579 426 639 453 565 395 453 324 (4) do do do 348 184 283 129 26 13 25 12 21 8 19 8 17 7 (4) Ore Iron ore (operations in all U.S. districts): Mine production thous met tons Shipments from mines do Imports do U.S. and foreign ores and ore agglomerates: Receipts at iron and steel plants thous. met. tons .. Consumption at iron and steel olants do.... Exports (domestic) do Stocks total end of period do At mines do At furnace yards do.... At U S docks do Manganese (manganese content), 1 592 715 527 406 378 3 835 565 586 1 128 Pig Iron and Iron Products Pig iron: Production (including production of ferroalloys) thous. sh. tons.. Consumption do Stocks end of period do Castings, gray and ductile iron: For sale Castings, malleable iron: Shipments total For sale See footnotes at end of tables. 207 303 305 267 303 184 (4) (4) 233 224 217 217 214 4,629 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 S-25 SURVEY OF CURRENT BUSINESS October 1990 ,, 1989 Annual 1990 it Aug. 1989 1988 Nov. Oct. Sept. Jan. Dec. Feb. Mar. Apr. June May July Aug. Sept. METALS AND MANUFACTURES-Continued Steel, Raw and Semifinished Steel (raw): Rate of capability utilization Steel castings: For sale total percent do Steel Mill Products Steel products, net shipments: Total (all grades) thous sh tons By product: Semifinished products do... Structural shapes (heavy), steel piling do Plates do. Rails and accessories do Bars and tool steel, total do... Bars: Hot rolled (including light shapes) do Bars: Reinforcing do Bars: Cold finished do... Pipe and tubing do Wire-drawn and/or rolled do... Tin mill products do Sheets and strip (including electrical), total . . do Sheets: Hot rolled do... Sheets: Cold rolled do By market (quarterly): Service centers and distributors do Construction, incl. maintenance do ... Contractors' products do Automotive . . . do Rail transportation do ... Machinery, industrial equip., tools do... Containers, packaging, ship, materials do Other do... Producing steel mills, inventory, end of period: Total mil sh tons Steel in process do Finished steel do Steel service centers (warehouses), inventory, end of period mil. sh. tons... 8,505 85.7 8,209 85.2 8,529 85.7 8,142 84.5 8,101 82.0 8,452 85.5 6,863 6,502 7,569 7,023 7,523 7,493 6,890 7,366 500 452 555 515 538 561 479 488 363 548 42 1,054 465 680 40 1,213 432 630 45 1,200 472 695 54 1,347 503 684 38 1,240 500 718 39 1,351 526 708 40 1,322 520 657 32 1,256 557 694 34 1,284 562 435 104 323 71 324 554 403 90 304 61 426 638 444 127 378 81 259 668 417 111 355 77 279 721 491 131 395 90 345 700 406 130 374 90 329 738 465 142 411 86 366 696 488 133 427 82 342 704 433 115 364 73 341 713 439 127 424 78 368 3,306 1,106 1,037 2,829 976 884 3,247 1,048 1,073 3,032 958 1,021 3,615 1,144 1,221 3,250 1,021 1,086 3,514 1,104 1,187 3,485 1,093 1,183 '97,943 84.5 7,790 79.2 7,617 80.0 8,175 83.0 7,386 11 A 7,222 73.3 1,209 1,095 1,137 1,122 101 101 85 84 97 95 85 83 79 78 '83,840 84,259 7,224 6,779 6,652 6,053 '5,975 6,080 505 462 481 466 425 '5,209 '7,328 '615 1 14,489 5,438 7,293 545 14,510 433 661 39 1,263 457 585 32 1,206 472 620 33 1,247 428 593 35 1,107 '7,834 '5,092 1,499 4,443 1,073 4,069 7,672 5,342 1,429 4,011 1,005 4,116 632 508 118 388 83 366 625 466 110 333 76 346 660 465 115 345 80 345 40,639 12,589 13,871 41,261 12,898 13,854 3,485 1,093 1,163 3,282 997 1,104 3,551 1,182 1,120 7,174 8,241 83.1 4,261 1,683 713 2,433 232 470 4,565 1,776 673 2,563 251 596 4,678 1,920 729 2,898 225 551 1,164 8,821 998 9,554 1,156 9,910 3,166 1,100 1,051 2 1,520 2 620 2 219 2 796 2 73 2 156 18,185 6,861 2,863 11,180 1,096 2,162 4,405 1,778 737 2,492 262 501 4,423 '36,011 4,458 37,488 1 139 9,063 13.1 7.9 5.2 13.0 7.9 5.1 13.3 7.9 5.4 13.3 7.8 5.5 13.3 8.0 5.3 13.0 7.8 5.2 12.9 r 7.8 5.1 13.0 7.9 5.1 13.1 7.9 5.2 12.9 7.9 5.0 13.1 7.9 5.2 13.0 7.9 5.1 13.0 8.0 5.0 13.3 8.1 5.2 6.5 6.9 7.0 7.0 6.7 6.7 6.9 6.4 6.7 6.3 6.3 6.2 6.2 6.2 4,030 •'2,054 341 159 323 153 328 160 328 142 343 123 345 145 311 150 345 153 331 151 342 161 330 159 340 174 3 923.0 •'340.2 91.9 33.0 83.6 23.6 65.2 25.2 53.9 24.2 54.2 22.7 84.4 29.2 73.4 27.5 85.4 29.4 85.1 28.6 90.4 29.0 94.0 28.0 3 593.0 3 446.1 52.0 41.6 46.1 34.5 68.8 33.0 72.7 32.2 80.0 27.4 79.0 36.7 65.1 34.4 55.3 36.3 61.4 40.0 41.4 40.0 48.6 40.9 .8784 .8137 .7830 .7976 .7581 .7356 .6967 .6554 .7085 .7156 .7231 .7308 .7257 15,468 12,304 7,611 2,200 1,369 1,099 692 178 1,299 1,025 632 176 1,278 1,038 617 185 1,169 913 543 176 1,071 851 539 145 1,234 981 599 (4) 1,154 936 569 1,313 1,070 644 1,224 1,012 629 1,355 1,090 679 1,318 1,071 '661 1,260 990 628 4,016 4,253 4,158 4,064 3,991 4,016 4,031 4,035 3,918 3,966 3,807 r 4,000 1,498.2 1,476.7 127.6 126.4 122.5 120.0 125.3 126.1 118.3 131.3 123.2 132.2 12f>.8 137.4 114.5 121.1 123.1 133.7 123.4 125.6 133.2 138.8 1,164.9 98.2 93.5 99.6 103.2 101.4 105.1 92.0 99.9 93.2 105.8 311.7 476.8 28.1 41.4 26.5 40.6 26.6 41.3 28.1 35.9 30.8 37.1 32.3 37.3 29.1 35.2 33.8 37.1 32.4 38.5 33.0 40.5 3 458.0 3 53.4 24.4 37.4 28.1 45.3 30.5 51.8 32.3 38.7 16.9 33.0 24.7 43.7 15.8 48.0 26.5 46.6 253 3 572.5 3 133.8 48.1 15.8 96.5 23.4 40.9 13.7 46.9 6.3 42.8 12.1 56.6 18.1 39.3 20.8 41.7 12.2 33.4 7.6 2,212 104 195 98 196 92 198 96 183 100 169 104 191 96 177 76 204 69 191 71 193 84 1.8094 1.2743 1.3844 1.3166 1.1811 1.0922 1.0864 1.1126 1.2841 1.2694 1.2457 300.1 ":;: 8,094 84.6 ( 44 ) () 18,980 6,014 2,815 12,078 1,116 2,537 NONFERROUS METALS AND PRODUCTS Aluminum: Production, primary (dom. and foreign ores) thous. met. tons . 3,944 Recovery from scrap do '2,122 Imports: Metal and alloys, crude do 1,030.6 Plates, sheets, bars, etc do 388.5 Exports: Metal and alloys, crude do... 400.1 Plates, sheets, bars, etc do 342.5 Price, U.S. market, 99.7% purity, monthly average $ per Ib 1.1009 Aluminum products: Shipments: Ingot and mill prod, (net ship.) mil. Ib., 15,453 Mill products, total do... 12,273 Sheet and plate do.... 7.384 Castings . do 2;316 Inventories, total (ingot, mill products, and scrap), end of period mil Ib 4,151 Copper: Production: Mine, recoverable copper thous, met. tons.. 1 1,4 19.6 Refined from primary materials do.... ' 1,406.0 Electrolytically refined: From domestic ores @ do '1,178.0 From foreign ores do.... Electrowon do .... 228.0 Refined from scrap do.... '453.3 Imports, unmanufactured: Refined, unrefined, scrap (copper cont.) do.... 626.1 Refined do .... 390.4 Exports: Refined and scrap . . . do 707.7 Refined do .... 66.5 Consumption, refined (reported by mills, etc.) do.... '2,210 Stocks, refined, end of period do.... 98 Price, avg. U.S. producer cathode, delivered § 1.2051 $ per Ib .. See footnotes at end of tables. 7,624 85.1 '99,924 89.2 r r 3,911 2 381 3,124 2 3,439 1.165 1,129 2 2 1,595 2 618 2 241 2 951 2 77 2 173 2 407 3,304 .8035 ::::::::::::::: S-26 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 SURVEY OF CURRENT BUSINESS TT it vnna 1988 October 1990 1990 1989 Annual 1989 Aug. Nov. Oct. Sept. Jan. Dec. Feb. June May Apr. Mar. July Sept. Aug. METALS AND MANUFACTURES—Continued NONFERROUS METALS AND PRODUCTS-Continued Copper-base mill and foundry products, shipments (quarterly total): Brass mill products . . . . . mil Ib Copper wire mill products (copper content) do Brass and bronze foundry products do Lead: Production: Mine, recoverable lead thous. met. tons.. Recovered from scrap (lead cont ) do Imports ore (lead content) do Consumption total do Stocks, end of period: Producers', ore, base bullion, and in process (lead content), ABMS thous. met. tons. Refiners' (primary), refined and antimonial (lead content) thous met tons Consumers' (lead content) Q do Scrap (lead-base, purchased), all smelters (gross weight) thous met. tons. Price, common grade, delivered @@ $ per lb.. Tin: Imports (for consumption): Ore (tin content) . . metric tons Metal unwrought unalloyed . do Recovery from scrap total (tin cont.) do..., As metal do... Primarv ' do Exports (metal) do Stocks, pig (industrial-), end of period do..., Price, Straits quality (delivered) $ per lb. Zinc: Mine prod recoverable zinc thous. met. tons. Imports: Metal (slab blocks) Consumption (recoverable zinc content): 3850 1737 o 2566 12307 154 898 2837 43493 15J 088 578 1 45 073 1 37 008 1573 1 7 1 194.4 1,089.0 5 56 64.8 6020 MACHINERY AND EQUIPMENT Heating, combustion, atmosphere equipment, new 390.2 orders (domestic), net, qtrly # mil. $. Electric processing heating equipment do 627 1655 Fuel-fired processing heating equip do Materials handling equipment, dollar value 213.4 bookings index t 1982-100 Industrial supplies, machinery, and equipment: 1052 New orders index seas adj @ 1987 — 100 Industrial suppliers distribution: 1640 Sales index seas adjusted . 1977 — 100 Inflation index, not seas. adj. (tools, material handling equip., valves, fittings, abrasives, 172.2 fasteners, metal products, etc.) 1977=100. Fluid power products shipments indexes: 129 Hydraulic products 1985-100 120 Pneumatic products do ... Machine tools: Metal cutting type tools: Orders new (net) total mil $ 2 707 90 Domestic do... 2,315.75 1 574 55 1 400 10 Domestic do Order backlog, end of period do ... 1,805.5 Metal forming type tools: Orders, new (net), total do... 882.95 Domestic do 74935 Shipments, total do ... 824.55 Domestic do 70220 Order backlog, end of period do... 385.7 See footnotes at end of tables. 35.0 67 9 92 1032 73.5 67.6 63.9 59.7 51.1 56.6 51.9 156 827 147 591 183 582 165 582 21 1 618 193 599 196 632 201 .4126 17.4 .3889 202 ,3981 185 .4184 184 .5411 215 .4873 213 .4521 215 .4516 3862 659 37 3281 490 2,746 589 2538 577 1,805 623 2500 585 2601 572 3,178 578 4 100 3 100 11 4 200 3200 126 4 100 3 100 73 4 100 3 100 77.8 73.7 83.0 78.6 156 827 279 636 275 637 188 623 146 586 174 .3935 173 .4175 180 .4363 185 .4363 4018 642 2734 594 3027 617 r r . 58.8 63.7 61.8 .5013 .5036 .4947 492 4 100 3000 94 4300 3200 56 4000 3000 25 3300 2300 38 4000 3000 95 4000 2900 31 4200 3200 95 5,872 5.1789 6,241 4.9357 5,313 4.7714 5,530 4.1880 6,072 4.1334 5,975 4.0287 5,824 3.8040 6,401 3.8771 r 4,959 3.9417 3,298 3.8937 3,792 3.7634 3630 3.6730 2759 253 231 251 228 209 269 248 264 262 279 456 504 3 410 711 6 48 58 1 46 504 42 588 27 626 71 567 33 574 37 427 28 557 18 41 1 30 454 21 663 2517 206 206 206 206 206 20.6 206 206 206 206 21 1 .2 21 1 205.3 1,060.0 '80 18.6 101.2 12 16.8 81.2 10 17.8 92.0 8 16.2 92.7 20 17.4 78.0 18.1 82.4 10 16.1 79.2 18.5 88.0 5 17.8 74.0 18.7 79.4 4 16.2 91.0 4 17.6 87.0 47 427 8206 48 48.1 8132 38 470 8108 40 440 .7995 33 42.6 .7592 4.7 60.3 7233 4.1 46.9 .6763 4.0 45.0 .6475 40 443 .7378 3.6 43.5 .8074 29 r 414 .8560 29 419 .8719 36 44.0 .8610 3 r/ rl 37.0 669 93 1062 4200 3200 71 rJ 253 9 337 694 55 101 1 73.5 6,072 5.2018 4057 7408 36.1 730 126 111 9 32 9 67 1 94 1062 15,213 '569 51 600 39000 3 904 '2443 353 696 76 1067 351 735 134 1140 3 216 3 52 639 Tl 4,943 4.4142 386 687 79 104 1 34.3 644 93 1059 r 199 .3714 30.1 669 85 973 386 659 113 1027 4106 n 808 g 3 120 8 rl 1 283 2 66.9 do Scrap all types do .. Slab zinc: Production, total i thous. met. tons . Consumption, fabricators do... Exports do Stocks, end of period: Producers' at smelter (ABMS) do.. Consumers' . do . Price high grade $ per lb . rJ 394.5 843 1381 r 1137 1323 1260 1200 1234 1218 124 2 1274 1250 171.6 1917 192.7 186.4 1896 196.1 199.9 212 8 229.1 213 3 184.5 186.3 187.1 187.9 189.9 189.0 189.1 189.8 190.1 190.2 140 135 135 124 146 75 rr228 55 132.55 212 20 161 80 15575 144 00 13585 1,212.3 1,285.1 20900 19060 189 75 168 10 1,304.4 r 48.25 r 55.20 4590 108.95 9430 269.2 1166 1224 1180 1750 1898 184.9 185.8 1151 1836 197 5 182.0 183.1 184.3 1567 1738 1928 1174 r 1462 147 141 140 126 145 134 141 129 133 115 143 130 138 127 158 150 147 126 142 135 143 135 1 976 35 15625 120.70 1,722.80 2 358 60 16990 2 059 20 14720 1,423.3 1,751.9 19245 174.50 22850 18875 1,715.8 14490 135.70 18355 16195 1,677.2 12890 108.15 22860 201 10 1,577.5 158.55 135.20 31275 26040 1,423.3 141 15 117.70 16220 14340 1,402.2 11630 100.45 16950 14360 1,349.0 19820 132.60 214 15 17980 1,333.1 20665 187.45 16895 141 65 1,370.8 13780 116.80 194 15 17230 1,314.4 18860 151.20 27570 240 10 1,227.4 110.15 10500 53.50 4445 436.6 60.10 4705 68.00 5880 428.8 55.50 4005 85.10 6415 399.2 47.75 4220 66.60 57.85 380.3 60.15 4150 64.15 5565 376.3 78.25 5670 98.50 8970 356.0 67.65 5695 74.75 6645 348.9 82.60 7725 89.15 7670 342.4 68.65 64 50 78.80 71 00 332.2 76.65 6990 74.55 7085 334.4 144 133 831.60 71905 837.00 704 15 380.3 70.85 7045 55.90 4975 380.0 52 1575 163.1 164.7 40 7898 130.6 1710 1628 16.2 !25.4 192.8 176.3 17.6 93.4 296 11 7 96.1 173 267 77.8 99 291 99.5 248 300 3.9026 131 123 87.50 81 40 71.60 67 35 350.2 47 95 '75.60 r 61 30 '322.9 SURVEY OF CURRENT BUSINESS October 1990 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual IT .. vnila 1988 S-27 1990 1989 1989 Sept. Aug. Nov. Oct. Jan. Dec. Feb. Mar. Apr. July June May Sept. Aug. METALS AND MANUFACTURES—Continued MACHINERY AND EQUIPMENT-Continued Tractors used in construction, shipments, qtrly: Tracklaying (ex. shovel loaders) units . Wheel (contractors' off-highway) Shovel loaders mil $ units . . mil $ units mil $ 12,117 1 167 1 5,110 4161 61 938 2092 1 thous thous 63487 23623 ELECTRICAL EQUIPMENT Batteries (auto.-type replacement), shipments Radio sets, production, total market ."ft Television sets (incl. combination models), production total market $i Household major appliances, industry shipments # Air conditioners (room) Dishwashers Disposers (food waste) Microwave ovens/ranges Ranges Refrigerators Freezers Washers Dryers, including gas Vacuum cleaners (qtrly ) thous do.... do do.... do.... do ., do..., do .... do..., do..., do GAS EQUIPMENT (RESIDENTIAL) Furnaces warm air shipments thous Ranges total shipments do Water heaters (storage), automatic, shipments do... 1 1 2570 2707 2338 2696 (3) 1,082 1,038 (3) (3) 14 166 5024 15117 5599 (3) (3) 926 941 64433 6295 2712 6357 2454 6685 25 254 2578 6 114 2567 6714 1563 (3) 5989 3758 4790 4599 4,502 4908 1374 1 344 1547 1415 1,411 1,673 5,127 1,619 6,475 6,477 1,974 24859 2071 2520 2233 2074 2308 1 661 1 843 2321 1 589 1 758 2214 1 374 1890 567 47 070 1 46 1 5,091 '4,637 3907 '3668 4,363 4,233 10,988 '10,598 '3048 '3202 1 '7099 7,227 1 '1219 1,349 ' 6,190 '6,252 '4,574 4,601 11 373 10652 3832 3971 170 303 434 1,075 258 3834 3502 3675 3530 4286 3670 3970 3,287 3353 '275 301 299 940 242 655 280 297 644 241 764 308 347 521 257 260 298 306 472 242 82 321 348 587 252 643 103 538 353 765 126 566 359 790 155 518 345 656 136 515 357 54 303 419 676 248 546 84 535 398 540 272 360 676 225 822 313 394 764 266 614 95 582 432 '259 308 362 822 234 4153 604 335 431 586 262 3480 97 338 426 958 275 3719 101 328 369 1,036 291 2092 2227 2 162 2 167 216 191 246 181 251 200 196 215 165 194 156 185 124 161 136 192 124 181 129 177 145 184 167 167 188 168 3,956 4,130 295 309 397 365 398 318 324 360 328 308 324 294 299 20 170 thous 10846 1 1837 4,545 3832 60855 22257 148 319 363 956 276 687 144 524 377 627 123 545 410 494 90 474 361 470 99 611 461 487 80 480 343 2652 3224 602 88 550 370 527 90 500 323 626 123 518 359 2348 3067 190 PETROLEUM, COAL, AND PRODUCTS COAL Anthracite: Production Exports Producer Price Index thous. sh. tons . thous. met. tons . 1982-100 311 14 299 72 373 58 339 85 291 9 237 221 259 297 329 327 277 345 323 1032 1032 1035 1043 104 5 1060 1060 1060 1055 1048 1040 1040 104 5 104 4 87657 90824 84618 971 218 71 180 889 491 r 80,148 r 72393 r 70 471 62 889 60,541 765,820 10428 9 185 9227 117 503 3,599 3,320 3,336 41,369 210 6,167 318 449 146,120 144,959 147,154 153,362 135 894 133 932 135 629 142 270 11,092 11027 10,227 11,525 3,426 3,707 3,591 2,864 2 8,370 8,691 7,351 90,753 85043 71,543 60,896 72554 90304 91357 71,030 60,616 9864 3,369 86615 84720 80933 93213 84322 76650 66060 9878 3,354 81796 68249 58,003 83350 83410 72267 9959 57661 59042 150 808 10625 3,641 156318 163 233 976 979 977 97 2 97 2 749 902 3,519 2 677 1034 3555 817 101 2 Bituminous and lignite: Production thous. sh tons 946 711 Consumption, total do.. r883 664 r Electric power utilities do... 758,372 Industrial total do 118 162 r Coke plants (oven and beehive) do... 41,910 r Residential and commercial do... 7,130 Stocks, end of period, total do ... 158,413 Electric power utilities do... 146,507 Industrial, total do... 11,905 r Oven-coke plants do... 3,137 Exports excluding lignite thous. met. tons... 85,282 Producer Price Index 1982—100 953 954 965 964 970 33015 39,533 3487 8302 3,270 3,252 10 116 3,301 530 157,790 147,131 10,660 3,145 8,776 976 3,195 1,184 146,120 135 894 10227 2,864 7,146 971 712 148,718 138 358 10360 3,123 9 592 3,025 655 153,905 143 413 10492 3,382 977 962 963 966 3336 3142 7364 3329 3278 3354 3288 3433 1885 1998 1721 1 505 550 161,433 r COKE Production: Beehive and oven (byproduct) Petroleum coke § Stocks, end of period: Oven-coke plants total At furnace plants At merchant plants Petroleum coke Exports thous. sh. tons . do... 32,405 39,811 do do do do thous. met. tons ., 1583 1420 . PETROLEUM AND PRODUCTS Crude petroleum: Producer Price Index 1982-100 . Gross input to crude oil distillation units mil. bbl ., Refinery operating ratio % of capacity All oils, supply, demand, and stocks: New supply, total 0 mil. bbl ., Production: Crude petroleum do Natural gas plant liquids do Imports: Crude and unfinished oils do.... Refined products do.... Change in stocks, all oils Product demand total . . . . Exports: Crude petroleum Refined products See footnotes at end of tables. 1558 1,011 1763 1601 1 919 1703 2 1720 1,043 3227 1 972 1777 1 919 1703 162 216 163 8181 3,104 195 216 1642 1724 i 736 1765 1720 63 51 196 65 122 1846 1889 1791 535 56.2 57.6 57.6 598 643 650 600 526 545 480 46 1 49597 4169 4195 84 86 4347 4065 4106 4225 4876 4209 4103 4207 4166 4463 6,301.7 6,304.7 547.5 512.9 535.8 522.7 505.6 566.0 487.0 524.2 4992 5448 5187 545 1 2979 1 27788 2339 2264 2274 2332 2090 586 1 231 0 47 4 226 1 6142 2292 2199 2250 212 3 221 5 2,021.6 686.8 2,283.7 656.2 204.4 197.0 53.2 203.5 184.2 215.2 207.9 224.3 do.... do -10.2 66234 -15.8 6634 9 42.1 45.5 -357 -22.8 5435 do.... do.... 567 46.2 4,921 6 241.0 56.3 51.7 259.5 89 484 88 464 86 5680 195.2 44.8 13.0 5235 5609 50 1.0 1.9 216.2 49.1 5.5 24.9 18.7 52.9 -9.4 22.6 86 464 84 433 88 493 88 456 84 493 5485 178.4 56.5 -81.7 6176 182.8 75.3 48.6 5480 4996 5568 3.6 76 41 29 41 5.2 25.6 25.4 17.8 177.0 55.5 7.3 20.1 23.2 85 466 485 5228 33 19.4 87 489 556 35 17.9 89 458 528 66.7 537 4 27 21.4 93 480 514 -26.9 544 i 28 18.8 S-28 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through H)88 and methodological notes are as shown in BUSINESS STATISTICS, l%l-88 Annual 1988 October 1990 1990 1989 ,, .f 1989 Sept. Au K . Nov. Oct. Dec. Jan. Mar. Feb. Apr. July June May j Aug. PETROLEUM, COAL, AND PRODUCTS-Continued PETROLEUM AND PROD l.'CTS— Continued All oils, supply, demand, and stocks— Continued Domestic product demand, total * mil. bbl.. Gasoline.. .. do Kerosene do Distillate fuel oil do Residual fuel oil do Jet fuel do Lubricants do. Asphalt do Liquefied petroleum gases do.... Stocks, end of period total do Crude petroleum do Strategic petroleum reserve do.... Unfinished oils, natural gasoline, etc do Refined products do .... Refined petroleum products: Gasoline (incl. aviation): Production do..., Stocks, end of period do.... Prices, regular grade (excl. aviation): Producer Price Index 1982-100 Retail, U.S. city average (BLS): Leaded $ per gal.. Unleaded do .... Aviation gasoline: Production mil bbl Stocks, end of period do . Kerosene: Production do ... Stocks, end of period do... Producer Price Index (light distillate) 1982—100 Distillate fuel oil: Production mil bbl Imports do. Stocks, end of period do... Producer Price Index (middle distillate) 1982 - 100 Residual fuel oil: Production . . mil bbl Imports do Stocks, end of period do Producer Price Index 1982 = 100. Jet fuel: Production mil bbl Stocks end of period do Lubricants: Production do ... Stocks, end of period do... Asphalt: Production ... do Stocks, end of period . do . Liquefied petroleum gases: Production total do At gas processing plants (L.P.G.) do... At refineries (L.R.G.) do.. Stocks (at plants and refineries) do... _. _j_. 6,325.7 2,694.8 35.2 1,142.5 504.3 530.2 56.6 171.2 606.1 1,597.2 889.9 559.5 6,323.7 2,684.1 30.8 1,152.2 500.1 543.6 58.1 165.2 608.9 1,581.4 921.1 579.9 538.2 240.5 1.3 91.9 34.8 46.0 5.0 24.9 44.4 1,654.4 916.3 575.4 503.9 218.0 1.3 86.7 30.3 45.5 4.7 19.5 48.9 1,667.4 912.0 577.1 536.4 227.0 2.7 96.9 40.0 45.7 5.2 19.7 54.7 1,658.0 914.3 578.3 519.3 221.4 3.1 99.3 37.2 45.6 4.4 12.0 52.0 1,663.2 930.5 579.5 584.6 230.3 4.8 121.3 58.0 54.1 3.7 5.7 61.2 1,581.4 921.1 579.9 526.0 207.5 3.5 98.5 48.4 48.1 5.0 6.J 51.4 1,631.6 932.9 580.6 476.7 200.3 3.6 91.0 39.9 41.1 5.2 5.9 44.8 1,638.9 924.0 580.9 529.6 227.8 2.7 101.2 37.3 44.1 5.6 8.7 50.2 1,643.5 955.9 582.3 500.0 214.2 2.0 91.8 34.3 44.6 4.4 10.5 45.8 1,639.9 953.1 583.4 522.1 227.3 1.3 89.8 37.9 45.6 47 16/7 43.9 1,617.1 968.7 568.2 513.4 225.3 1.5 88.5 40.5 43.7 4.1 20.4 36.7 1,683.8 970.9 586.7 522.5 230 8 15 83 5 39 6 42 1 4.6 21 1 42.8 1 7106 9662. 586.7; 145.8 561.6 152.0 508.3 156.2 581.8 159.1 596.2 162.7 581.0 160.3 572.4 152.0 508.3 152.6 546.1 159.0 556.0 160.4 527.2 156.0 530.8 164.6 537.8 164.1 548.8 161.6 582.8 2,555.2 192.0 2,550.7 179.1 222.8 183.8 213.0 187.5 213.0 184.8 212.1 187.1 213.9 179.1 214.0 197.6 196.0 203.3 205.6 187.9 203.6 186.3 205.4 180.3 213.4 177.7 224.9 182.61 58.2 67.1 64.7 67.1 67.3 63.6 61.6 69.0 67.1 67.6 70.5 71.6 73.8 73.5 85.0 ' 95.0 .900 .946 .997 1.022 1.034 1.057 1.007 1.029 1.001 1.027 .975 .999 .961 .980 1.006 1.042 1.011 1.037 .999 1.028 1.027 1.044 1.044 1.061 1.077 1.088 1.089 1.084 1.198 1.190 1.297 1.294 9.3 2.1 9.2 2.1 1.0 1.8 13 .9 2.2 .8 2.1 2.'l .5 2.0 .6 1.9 .6 1.8 .7 1.8 .5 L8 8 17, 28.8 7.3 26.9 5.1 1.7 6.5 2.4 7.6 2.3 7.5 2.8 7.5 2.7 5.1 4.1 6.5 2.7 5.7 2.2 5.1 1.9 5.2 1.6 5.5 ,? 2.3 6.0"j 51.6 57!8 55.5 58.1 60.9 63.8 64.2 76.3 69.1 62.0 60.9 r 59.4 57.1 56.6 1,046.3 110.4 123.5 1,058.0 111.7 105.7 90.1 7.9 116.8 88.6 7.5 123.2 90.1 8.1 121.7 91.9 9.2 119.8 101.3 10.1 105.7 97.2 15.5 118.0 77.1 10.0 112.2 82.3 8.7 99.7 84.1 9.2 99.5 89.1 6.4 102.8 89.8 7.7 109.4 93 2' 7 l| 1252, . . . 1 • 65.5: 87.8 87.3 49.5 58.4 53.5 59.3 64.0 64.4 68.1 85.3 59.4 60.4 61.0 58.4 53.0 51.6J 72.2 338.7 235.9 44.6 41.1 348.1 229.6 43.8 47.6 28.0 15.5 44.5 48.1 25.7 13.6 49.4 46.8 31.0 18.1 50.9 48.2 32.3 16.3 52.4 49.2 35.3 21.1 43.8 51.9 35.0 25.1 49.7 57.8 29.7 17.9 51.5 55.6 30.2 10.4 46.2 55.2 26.4 16.6 49.0 51.8 27.2 15.7 49.6 50.0 27.8 16.1 46.8 43.1 30 Q\ 16 6i 4901 41.3. 45.4 501.3 43.8 512.1 40.9 44.6 48.3 43.3 47.9 46.6 50.2 45.4 51.2 42.0 40.9 46.1 42.8 42.0 46.4 44.2 48.9 40.0 46.8 42.3 46.8 40.7 47.3 43.4! 50.9 62.3 13.3 61.4 13.8 5.3 14.5 4.8 14.3 4.4 13.3 5.0 13.3 4.5 13.8 4.8 13.6 4.6 13.0 5.0 12.3 5.2 12.4 5.1 12.3 4.7 12.4 54 130| 162.1 20.8 154.9 20.6 18.3 21.7 18.2 21.9 14.7 17.8 11.3 18.0 7.8 20.6 7.8 22.2 9.1 26.0 10.7 28.5 11.5 29.9 14.9 29.1 17.1 27.0 19.4 26 3 1 665.2 653.5 55.4 52.2 52.0 49.3 46.0 52.7 49.9 54.5 52.1 54.6 51.7 54 2 482.6 182.6 97.3 451.3 202.2 80.2 36.7 18.7 126.2 35.1 17.1 124.8 36.3 15.7 115.1 35.6 13.7 103.4 33.2 12.8 80.2 38.3 14.4 76.1 35.1 14.8 76.7 37.8 16.7 78.0 35.5 16.6 82.0 37.0 17.6 90.7 84.4 17.3 104.2 36.3 18 Oj 59.3 : i : r ! 1 1 112.3' PULP, PAPER, AND PAPER PRODUCTS PULPWOOD Receipts thous cords (128 cu ft ) Consumption do Inventories, end of period do .. . | Si-pt. i 95,537 ' 95,497 4,888 '99,279 '98,414 5,462 8,946 8,498 4,415 8,491 8,167 4,891 8,876 8,331 5,405 8,202 8,070 5,581 7,844 7,936 5,462 8,741 8,553 5,571 8,215 8,108 5,597 8,260 8,341 5,483 j 8,138 8,260 5,209 8,014 8,118 5,177 8,006 8.042 5,167 8 8% £467 5,106 i 1 19,021 1,044 '20,010 1,095 1,726 1,096 1,669 1,083 1,760 1,082 1,674 1,111 1,596 1,095 1,768 1,107 1,617 1,054 l,80oi 1,031 j 1,739 1,007 '1,800 1,017 1,798 1,031 1,752 j 1,043 j I i '61,161 1,367 49,493 '61,998 1,425 50,181 5,301 108 4,322 5,063 128 4,069 5,295 110 4,276 5,021 133 4,032 4,991 117 3,995 5,480 125 4,418 4,988 89 4,050 5,272 123 4,275 5,254 98 4,220 5,156 103 4,158 ''5,175 114 '4,202 5,490 107 j 4 457 ' i i 5,943 4,358 6,029 4,363 oil 359 505 361 530 379 505 351 523 357 548 389 509 340 509 365 540 397 522 373 519 341 5v")")| 37 1 1 ' j WASTE PAPER Consumption Inventories, end of period thous sh tons do .. WOODPULP Production: Total thous. sh. Dissolving pulp Paper grades chemical pulp Groundwood and thermomechanical Semi-chemical Inventories, end of period: Producers' own use Producers' market Consumers' purchased Exports, all grades, total thous. met. Dissolving and special alpha All other Imports, all grades, total Dissolving and special alpha All other | tons .. do .... do.... do do ' i • i do.... do.... do.... tons.. do.... do.... do.... do. do.... 172 261 622 '5,160 785 '4,373 '4,506 126 '4,381 193 342 519 '5,653 759 '4,896 '4,673 162 '4,513 193 353 591 484 74 410 428 19 409 205 364 590 497 55 442 389 19 371 187 383 551 455 61 395 401 7 394 188 446 529 314 48 266 352 347 193 342 519 530 82 449 362 15 347 192 518 539 215 531 542 i 1 ... | | 2021 487! 475 196 455 431 184 451 437 214 '438 485 209! 521 ! 432' ' ! |' | |i | i... | ! j ! • ! i i i i ' i i ! j Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINKSS STATISTICS, 1961-88 S-29 SURVEY OF CURRENT BUSINESS October 1990 ... 1988 1990 1989 Annual ! 1989 1 AuK. \ Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May July June Aug. Sept. PULP, PAPER, AND PAPER PRODUCTS—Continued PAPER AND PAPER PRODUCTS Paper and board: Production (API): Total . thous sh tons 7(5 46(5 88,363 Paper do.... 38,103 Paperboard do .... Producer Price Indexes: 133.2 Paperboard 1982 = 100 .. 113.3 Building paper and board do.... Selected types of paper (API): Groundwood paper: ' 1,654 Orders, new thous. sh. tons208 Orders, unfilled, end of period do.... ' 1 624 Shipments do Coated papers: '7412 Orders new . do 751 Orders unfilled, end of period do 7359 Shipments do Uncoated free sheet: ; 1 1 298 Orders new . do 1 1 1 277 Shipments do Unbleached kraft papers: '2800 Shipments thous sh tons 5476 Tissue paper production do Newsprint: Canada: t 9,840 Production thous. metric tons.. 9740 Shipments from mills do 288 Inventory, end of period do.... United States: 5 427 Production do . 5,415 Shipments from mills do. .. 48 Inventory, end of period do .... Estimated consumption, all 12 244 users Q do Publishers' stocks, end of period # thous. metric tons .. 933 7 794 Imports do Producer Price Index, standard newsprint 1982-100 . 1276 Paper products: Shipping containers, corrugated and solid fiber shipments mil. sq. ft. surf. area.. 308,509 r 7(5713 r 38,256 38,456 ''6 635 r 3,316 r 3,319 140.1 115.6 r 6 300 r 3,180 3,120 r r 6 629 r 3,381 r r 6 382 r 3,241 r 3,141 '"6 153 3,080 3,073 139.8 116.6 139.7 117.0 140.0 116.9 150 210 166 128 195 152 149 ''210 122 3,248 139.7 116.3 140.0 116.2 r r 6686 3,373 3,313 r 6 117 r r 6692 r 6440 3,178 3,262 r 6 559 r 3,281 r 3,277 6708 3,402 3,306 135.4 112.4 134.9 111.5 133.3 110.5 173 194 141 155 197 150 170 216 152 614 761 620 r r 639 r 80() r 670 809 661 977 958 1 007 957 r r 909 r 998 975 196 500 187 467 206 494 208 479 r 208 482 198 501 3,340 3,352 6371 3,168 3,202 6576 3,284 3,292 138.9 116.0 138.9 115.5 137.6 113.7 136.0 113.4 160 189 156 149 197 141 125 185 149 115 140 140 158 170 138 r 616 r 672 r r r r r 647 658 618 648 728 562 r 971 r 935 1042 r 990 215 474 185 452 r 139.2 116.6 3,119 2,998 r 133.1 110.0 1,773 r 210 1 7^3 167 '215 151 176 r 7284 '"824 7,215 T>61 r 851 r (554 r 635 r 879 r r 669 r 863 r r 5f>4 r 834 r r 586 r 824 r 11 170 ''11 081 1 022 r 956 r 9f>5 r 890 1r 001 975 r 971 r r 227 485 210 473 239 489 241 474 216 460 9,640 9607 321 837 811 475 760 830 405 846 852 399 788 816 371 767 817 321 797 716 403 747 718 432 794 825 401 786 815 372 847 861 358 762 804 316 826 752 391 758 750 399 661 698 362 5 523 5,515 56 462 469 67 469 470 66 477 478 66 468 481 53 483 480 56 502 497 61 462 467 56 492 493 56 491 493 53 495 502 46 489 486 49 508 508 49 r 519 r 518 50 498 509 39 12 241 1 000 1 033 1 109 1 115 1029 966 930 1 059 1,038 1070 1050 r 960 1000 1001 749 2 7 678 848 714 824 618 793 667 758 628 749 605 803 836 821 805 802 825 r 1225 1207 1204 1193 1190 118.3 116.8 1154 1156 1155 1166 1210 313,398 27,837 25,441 28,982 25,349 23,202 27T609 24,180 26,680 26,619 27,219 r 57 27 100.15 58.57 7898 101 63 81.87 1027 r 65 22 r 8743 9730 89.49 r ' 2 (581 5 636 r (513 r 1 i ;fj 587 617 655 r 915 865 934 649 r 944 1000 r 537 622 o84 648 788 601 625 989 904 946 r r 912 861 1216 1219 121 8 26,265 26,444 28,055 25,375 7392 9980 77.66 1054 5737 101 56 60.38 859 RUBBER AND RUBBER PRODUCTS RUBBER Natural rubber: Consumption. thous. metric tons.. 858 28 r866 87 9198 61 74 Stocks, end of period . do ., 853.82 r2 887.62 Imports, incl. latex and guayule do.... 1103 1477 US Import Price Index 1985—100 Synthetic rubber: 2 334 72 2 301 82 Production thous metric tons Consumption do 2 016 85 r 2 092 60 322 03 279 28 Stocks, end of period .do Exports (Bu. of Census) do.... 460.01 2 579.08 TIRES AND TUBES Pneumatic casings: Production Shipments total Original equipment Replacement equipment Exports Stocks end of period Exports (Bu. of Census) Inner tubes: Exports (Bu. of Census) See footnotes at end oi' tables. thous .. do do . .do . do .... do .. ..do do.... 1 21 1,351 1 212,870 264 811 264 049 59 347 62 932 189 212 188717 12,666 15,985 3!) 308 33 191 16,149 219,118 1,712 2 1,8 13 50.86 91.98 60.09 1003 r 6257 100.20 72.31 r r r r r r r r r r 7082 8806 65.64 71 97 8332 69.14 998 62 07 8774 69.50 84 59 8388 78.92 9715 63.08 1054 186 ?1 170 53 314 14 4821 201 66 168 97 323 42 54 54 20471 17901 329 62 54.64 193 82 182 97 r 330 33 43.59 16668 152 58 322 03 44.39 176 31 163 73 r 375 04 182 91 16076 r 374 36 186 97 163 21 r 368 91 191 08 144 88 r 388 94 17901 163 79 381 07 174 38 151 15 379 19 172 01 14299 392 80 18,288 23 955 4 969 17 488 1,497 41 902 2,112 16,963 23 151 4 947 16 913 1,291 39 852 1,566 18,400 23 335 4910 17 003 1,422 39 156 1790 16,323 21924 4706 16011 1,206 38 378 1 412 14,721 18 545 3 532 13 950 1,065 39 308 1 396 19,017 19848 3489 14984 1,374 43 888 17,376 18 955 4554 13 030 1,372 46 561 19,522 22 756 5 382 15 872 1,504 48446 17,680 21 375 4780 15 142 1,453 49601 17,990 23646 5 589 16 605 1,452 48728 18,186 24 042 5311 17 381 1,351 47 893 14,996 22 436 3 572 17 586 1,277 r 45 351 181 121 136 96 174 r 18,555 24 391 4 696 17 992 1,704 43492 S-30 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual ,, .. 1988 October 1990 1989 1989 Sept. Aug. 1990 Nov. Oct. Dec. Jan. Feb. Mar. Apr. May June July 44,828 46,513 44,687 Sept. Aug. STONE, CLAY, AND GLASS PRODUCTS PORTLAND CEMENT Shipments, finished cement thous. bbl.. '477,958 '474,346 CLAY CONSTRUCTION PRODUCTS Shipments: Brick, unglazed (common and face) mil. standard brick .. Structural tile, except facing thous. sh. tons.. Sewer pipe and fittings, vitrified do.... Floor and wall tile and accessories, glazed and unglazed mi. sq. ft.. Producer Price Index, brick and structural clay tile 12/84-100 ., 51,782 45,282 49,298 40,234 26,303 29,615 27,030 35,205 38,744 591.1 6,930.0 6,698.2 645.8 585.4 466.0 578.8 (2) 22.3 (2) 19.9 (2) 21.0 416.6 (2) 17.7 469.7 (2) 255.7 621.6 (2) 22.8 548.7 (2) 300.9 (2) 16.4 (2) 16.3 (2) 21.5 470.7 545.3 50.3 45.1 47.0 44.6 41.7 39.7 38.1 44.0 110.9 112.2 111.8 112.0 113.2 113.3 113.5 25,258 23,363 20,963 20,688 GLASS AND GLASS PRODUCTS Flat glass, mfrs.' shipments thous. $., 1,479,446 1,543,242 Glass containers: Production . thous gross. 284,473 '287,511 Shipments, total do.., 280,439 r285,586 Narrow-neck containers: 22,100 Food do... 22,010 '62,382 r63,813 Beverage do... 86,285 Beer do 88,556 26,491 Liquor and wine do 26,059 Wide-mouth containers: 66,675 Food and dairy products do.... 67,973 Narrow-neck and wide-mouth containers: 13,980 Medicinal and toilet do.... 13,826 Chemical, household, and in1,357 dustrial do ... 1,318 21,837 22,101 2,394 6,228 17,513 19,976 21.9 17.3 16.4 18.8 18.9 43.2 40.4 38.3 41.1 115.0 115.3 115.1 24,099 25,790 20,563 24,689 23,825 26,478 24,882 24,943 1,840 7,891 2,345 2,529 6,253 7,990 2,507 2,033 6,058 7,603 2,635 r 1,819 2,160 5,706 7,819 2,221 2,173 6,116 8,024 2,262 2,066 1,767 1,337 1,411 1,596 1,707 5,061 6,749 1,971 5,242 7,029 4,727 6,460 4,535 4,532 6,554 2,187 1,964 4,242 6,430 2,078 6,390 5,481 6,272 5,480 5,080 5,769 5,084 5,887 5,300 6,266 5,764 '5,729 7,046 5,493 702 111 655 647 751 804 818 881 873 795 700 745 71 43,820 89 44,590 65 45,243 88 42,408 107 41,709 63 42,889 77 43,094 75 43,262 60 42,265 55 42,287 57 42,526 41,396 120 583 826 559 '680 836 4337 3228 3228 15974 14497 14497 1,410 1,420 820 1,460 1,580 758 1,890 1,900 728 1,310 1,200 581 1,258 1,411 684 1,182 1,363 592 1,318 1,530 784 1,373 1,402 815 '5,310 '5,170 477 461 458 430 619 355 379 428 496 .. .. Regular gypsum board Type X gypsum board Predecorated wallboard 5 /ie mobile home board Water/moisture resistant board mil sq ft do .. do ... do do... do... do... do... do ... 2,436 86 44,186 1,360 1,490 838 Board products total. Lath Veneer base Gypsum sheathing 2,089 6,065 7,962 719 '15,500 '17,500 235 '20,563 21 472 '311 '13,888 '4,583 '132 '605 '550 r 7,971 2,222 7,160 1,999 115.4 373,350 '15,100 '16,900 '9,680 '150 25,835 26,682 25,228 '357,010 GYPSUM AND PRODUCTS Production: Crude gypsum (exc. byproduct) thous. sh. tonsCalcined do Imports, crude gypsum do... Sales of gypsum products: Uncalcined . do do... 25,185 '24,775 21,997 42,053 do ... 115.3 21,859 21,917 42,296 Calcined: Industrial plasters Building plasters, total (incl. Keene's cement) 115.4 114.2 do... Stocks, end of period 655.7 113.7 370,059 383,313 25,837 26,010 631.5 630.8 r 40.3 114.9 631.0 r 53 1,342 1,372 495 4 () (2) (2) (2) (2) '20,870 1,952 1,722 1,918 1,700 18 475 266 12,523 6,071 113 717 687 44 25 1,167 569 10 73 64 39 21 1,039 499 9 60 54 1 41 26 1,144 560 10 73 63 1 37 23 1,036 488 9 52 55 1,473 1 29 19 890 438 8 39 48 1,772 1,700 1,869 1 38 22 1,071 521 i 52 58 1 40 21 1,033 489 8 51 57 43 22 1,131 540 8 59 63 f 1,649 1 35 23 975 484 8 66 57 1,710 1 37 21 1,014 505 8 68 55 TEXTILE PRODUCTS FABRIC Woven fabric, finishing plants: Production (finished fabric) mil. linear yd.. Cotton . do Manmade fiber and silk fabrics do.... Inventories held at end of period do.... Cotton do .. Manmade fiber and silk fabrics do Backlog of finishing orders do.... Cotton do .... Manmade fiber and silk fabrics do.... COTTON AND MANUFACTURES Cotton (excluding linters): Production: Ginnings Q thous. running bales .. Crop estimate thous. net weight bales §.. Consumption thous. running balesStocks in the United States, total, end of period # thous. running balesDomestic cotton, total do . On farms and in transit do.... Public storage and compresses do.... Consuming establishments do.... See footnotes at end of tables. 11884 981 382 10,357 14,985 15,412 7,294 12,196 7,444 663 ' 860 665 617 16,062 16,062 12803 12803 17382 17382 1,957 1,457 13,524 10,762 11807 4,975 16195 16,195 11,147 4,458 15 157 15,157 7,227 7,378 13917 13917 2,815 10,558 600 590 552 581 584 5 5,806 544 11558 3 653 605 633 12803 12803 11 289 11 289 1 104 9524 9894 9894 661 689 1457 10,762 584 a 3 794 624 641 8033 8033 5778 5*778 1 153 771 6975 6975 843 879 485 8052 6566 5447 4224 685 675 3 185 696 4 337 667 369 2 187 672 5 14 550 15 974 13 740 11 555 1 615 2407 '619 535 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 S-31 SURVEY OF CURRENT BUSINESS October 1990 Annual 1T .. URU8 1989 1989 1988 Sept. Aug. 1990 Nov. Oct. Jan. Dec. Mar. Feb. Apr. May June July Sept. Aug. TEXTILE PRODUCTS-Continued COTTON AND MANUFACTURES— Cent. Cotton (excluding linters)— Continued Exports thous. running bales., Imports thous. net-weight bales §. Price(farm), American upland 0 cents per Ib .. Price, Strict Low Middling, Grade 41, staple 34 (IVie") average 10 markets cents per Ib Spindle activity (cotton system spindles): Active spindles, last working day total mil Consuming 100 percent cotton do ... Spindle hours operated, all fibers, total bil Average per working day do... Consuming 100 percent cotton do... Cotton cloth: Cotton broadwoven goods over 12" in width: Production (qtrly.) mil. sq. yd. Orders, unfilled, end of period, compared with average weekly production no w°eks' prod Inventories, end of period, compared with avg. weekly production no weeks' prod . Ratio of stocks to unfilled orders (at cotton mills) end of period Exports, raw cotton equivalent thous. net-weight bales § Imports, raw cotton equivalent do Producer Price Index, gray cotton broadwovens 1982= 100 . MANMADE FIBERS AND MANUFACTURES Fiber production, qtrly: Acetate filament yarn mil Ib Rayon staple, including tow do NoncellulosJc, except textile glass: Yarn and monofilaments do... Staple incl tow do Textile glass fiber do Fiber stocks, producers', end of period: Acetate filament yarn Rayon staple, including tow Noncellulosic fiber, except textile glass: Yarn and monofilaments Staple, ipc'. tow Textile flass fiber mil. Ib. do... do do do . Manmade fiber and silk broadwoven fabrics: Production (qtrly.), total mil. sq. yd . Filament yarn (100%) fabrics... do Chiefly rayon and/or acetate fabrics do Chiefly nylon fabrics do Spun yarn (100%) fabrics . do Rayon and/or acetate fabrics, blends do .. Polyester blends with cotton do ... Acetate filament and spun yarn fabrics do Producer Price Index, gray synthetic broadwovens 1982 — 100 Manmade fiber textile trade: Exports, manmade fiber equivalent mil. Ibs. Yarn, tops, thread, cloth do... Cloth woven do Manufactured prods., apparel, furnishings do Imports, manmade fiber equivalent Yarn, tops, thread, cloth Cloth, woven Manufactured products, apparel, furnishings Apparel total . . . . Knit apparel do do .do FLOOR COVERINGS Carpet, rugs, carpeting (woven, tufted, other), shipments, quarterly mil. sq. yds.. APPAREL Women's, misses', juniors' apparel cuttings, qtrly: Coats thous. units.. Dresses do Suits (incl. pant suits, jumpsuits) do.... Skirts do... Slacks, jeans, dungarees, and jean-cut casual slacks do.... Blouses thous dozen 480 466 495 496 602 63.9 65.7 65.4 650 0) 61.4 3 59.8 60.6 64.1 65.0 65.4 62.3 63.7 64.6 65.2 57 7 699 685 694 683 636 622 650 681 71 3 746 771 795 763 710 101 3.9 100 3.9 3.9 r 5.3 .264 r 2.0 £H 6,704 11 5 4.4 107 4.3 107 4.2 107 4.2 107 4£ 107 4.2 107 4.3 106 4.3 107 4.3 106 4.2 105 4.2 104 4.2 103 4.1 781 .302 28.9 808 .294 27.8 108 .313 2.1 4 5.6 .279 2.1 5.8 .293 2.2 4 54 .272 2.1 56 .278 2.2 4 5.4 .271 2.1 5.3 .267 2.1 4 4,632 4,589 79 .317 4 2.9 64 .254 4 2.4 6.4 .255 4 2.6 r 4.4 .220 1.7 1,199 1106 1,134 6.9 .276 4 2.7 2504 1 1468 114.4 110.9 109.8 109.8 110.8 110.9 113.5 113.7 113.8 113.8 114.0 114.1 114.3 2139 2175 3998 3628 567 832 523 776 468 733 523 720 4,180.3 43456 4,225.4 42903 1,051.6 1 0534 10113 1, 030.7 9843 1,088 2 10608 11.4 14.0 99 22.4 11.6 18.1 99 22.4 88 14.0 87 10.1 2886 2984 3642 3408 3519 3625 3642 3408 3757 3343 3786 3847 1127 1140 1150 1150 1158 1159 1153 117.1 15.6 967 113.0 14.1 1069 8.6 1.3 69 4 9.4 4 1.5 39 8.1 1.1 104 7.8 .8 51 4 9.1 4 244 72.3 299 77.0 21 4.8 15 2.4 32 7.3 438 . 4.87 370 4.31 350 4.10 350 4.14 350 4.17 1905 1763 40 1 37 0 388 1,328.0 1,357.2 350.7 324.3 3347 18,416 160 488 8,972 96,417 16,895 181 967 8,372 97,689 4,403 44 436 1,854 21,809 4,055 40 178 1,910 • 20331 276,364 33,721 300,907 37,180 75,590 8352 72,302 1156 1157 10 98 73 92 13 3.7 18 8.0 28 4.4 333 4.17 300 4.20 294 4.17 1156 110.3 114.8 112.4 1157 115 6 116 2 1157 1155 1162 29.9 38 47 82 50 301 36 48 34 55 15 7.7 24 2.3 26 5.6 24 2.6 2i 2.7 15 1.9 13 4.2 287 4.04 287 4.03 284 4.14 275 4.06 257 3.42 2 42 3.38 2 35 3.52 68475 282.19 16931 40256 do.... 1,735.70 do.... 258.18 do... 17923 WOOL AND MANUFACTURES Wool consumption, mill (clean basis): Apoarel class mil. Ib., Carpet class do..., Wool 'mDorts clean yield t do Unimproved and other grades not finer than 46's do 48's and finer * do.... Wool prices, raw, shorn, clean basis, delivered to U.S. mills: Domestic— Graded territory, 64's, staple 2%" and up dollars per Ib Australian, 64's, Type 62, duty-paid do.... Wool broadwoven goods, exc. felts: Production (qtr'v ) . . mil sq yd See footnotes at end of tables. 3 5 1 55.6 5,649 1 477 52 99103 44303 9 104 6 6 3567 2 35 3.55 S-32 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 SURVEY OF CURRENT BUSINESS October 1990 1989 Annual 1990 .... Unit8 1988 1989 Aug. Sept. Nov. Oct. Jan. Dec. July Aug. 27,770 28,280 26,228 1,748 4 1,976.5 1,955.6 2,474.7 1 415 1 653 1 552 2048 2,129.0 1555 2,165.8 627 569 875 635 240 6 9.8 6 71 6 27 346 322 822 596 226 9.7 71 26 530 488 '807 r 572 235 9.4 69 2.5 1,505 1316 6 22 1,318 1,376 23 1,337 1454 25 Feb. Mar. Apr. May 26,203 29,360 30,941 26,617 June Sept. TEXTILE PRODUCTS—Continued APPAREL—Continued Men's apparel cuttings, qtrly: Suits thous units 13413 13896 17 435 18012 Coats (separate) dress and sport do Trousers slacks jeans pants etc do 428 231 470 820 85338 113 085 Shirts dress and sport thous doz Hosiery, shipments thous. doz. pairs.. 322,124 353,692 28,992 3024 5236 122 582 28 120 27,930 34,710 30,943 3 156 4*211 116486 28534 27,492 25,344 TRANSPORTATION EQUIPMENT AEROSPACE VEHICLES Orders new (net) total mil $ 3 3147 128 U S Government do 67 850 3 143 421 Prime contract do Sales (net), receipts, or billings, 3 113,548 total do 3 68,104 U.S. Government do Backlog of orders, end of period # do.. 3191,518 3 U S Government do 92 394 Aircraft (complete) and parts do.... 33 87,865 Engines (aircraft) and parts do..., 23,415 Missiles, space vehicle systems, engines, 3 propulsion units, and parts . mil $ 29,078 Other related operations (conversions, modi3 17 895 fications) products services mil $ Aircraft (complete): 467 3 Shipments do 16 019.9 17 9971 4 13 414 MOTOR VEHICLES (NEW) Passenger cars: Factory sales (from U.S. plants): Total thous Domestic do Retail sales, total, not seas, adj do.... Domestics § do... Imports § do ... Total, seas. adj. at annual rate mil . Domestics § do Imports § do Retail inventories, domestics, end of period: § Not seasonally adjusted thous Seasonally adjusted do Exports (BuCensus) total To Canada Imports (ITC) complete units From Canada total Registrations 0 total new vehicles Imports, including domestically sponsored Trucks and buses: Factory sales (from U.S. plants): Total . Domestic Retail sales: Total, not seasonally adjusted * 0-10,000 Ibs. GVW, domestics 0-10,000 Ibs. GVW, imports * 10 001 Ibs GVW and over t. do do do do do do 0-10,000 Ibs GVW domestics do 0-10 000 Ibs GVW imports * do 10 001 Ibs GVW and over t do Retail inventories, domestics, end of period: Not seasonally adjusted thous . Seasonally adjusted do ... Exports (BuCensus) do Imports (BuCensus), including separate Registrations <>, new vehicles, excluding buses not produced on truck chassis thous . Truck trailers and chassis, complete (excludes detachables) shipments number Van tvpe do Trailer bodies (detachable), sold separately do... Trailer chassis (detachable), sold separately do... RAILROAD EQUIPMENT Freight cars (new), for domestic use; all railroads and private car lines (excludes rebuilt cars and cars for export): Shipments number Equipment manufacturers do New orders .. do . Unfilled orders end of period do Eauioment manufacturers do Freight cars (revenue), class I railroads(AAR): t Number owned, end of period thous .. Capacity (carrying), total, end of month mil. tons.. Average per car tons See footnotes at end of tables. 1,720.5 1 161 1,122 2 2,644.6 1 055 2 183 (2) 540 499 976 685 291 11.3 82 31 576 523 840 610 230 10.6 78 28 618 568 750 524 226 8.9 62 27 535 482 687 474 213 8.6 60 26 453 401 655 456 199 8.9 65 24 335 304 756 547 209 10.2 75 27 488 433 728 534 194 9.6 68 28 617 547 866 626 240 9.6 68 28 509 449 817 599 218 9.4 66 2.8 625 564 890 644 246 9.4 67 27 1,450 1 617 24 4834 3959 2790 706 880 1,439 1 567 24 57 88 4808 2933 934 956 1,549 1628 32 6881 4787 352 1 1032 800 1,658 1671 33 67 31 4502 3558 1160 666 1,669 1659 31 6372 4030 3438 940 694 1,484 1382 22 1,467 1 326 23 1,479 1338 24 1,422 1301 24 1,471 1306 23 2647 716 619 3104 999 657 372 1 1294 773 ?181 893 751 3352 1282 824 3355 1281 858 779 777 331 354 303 262 265 210 248 292 268 319 328 300 321 347 328 316 289 300 275 314 290 289 265 228 212 306 281 388 355 327 298 401 368 399 371 252 238 319 302 4,941.5 4,106.4 504.2 3311 465.8 382.1 55.5 282 4504 3804 416 284 424.6 357.0 42.0 25.5 458.7 389.8 426 26.3 367.9 297.6 41.5 288 3906 319.3 437 27.7 362.3 304.1 35.5 227 384.3 318.3 409 25.1 358.6 296.7 37.1 249 3903 324.3 409 25.2 406.0 349.7 33.0 23.3 450.9 387.4 377 25.8 346.2 292.9 30.5 22.8 380.6 317.8 364 26.5 431.2 363.2 40.5 274 390.9 328.1 373 25.6 410.1 350.7 33.2 26.2 391.6 335.0 32.9 23.6 443.0 374.0 42.4 26.6 388.0 326.1 373 24.6 431.5 365.2 39.9 26.4 400.6 333.5 421 25.0 423.4 364.9 30.7 27.9 411.4 356.5 27.3 27.6 r 391.9 r 326.9 39.5 r 25.4 '"383.8 r 326.9 31.5 r 25.4 361.4 310.1 27.7 23.6 392.9 339.4 284 25.0 1,134.9 1,171.2 21128 1,107.8 1,209.8 1564 1,078.8 1,177.2 21 15 1,102.6 1,147.2 17 15 1,146.8 1,158.8 15.01 1,134.9 1,171.2 1571 1,035.4 1,010.3 1.070.4 1,006.3 1,110.6 1,036.2 1,103.9 1,030.5 1,158.4 1,099.6 1,193.2 1,143.5 1,081.6 1,180.7 1,073.0 1,173.4 1,095.3 1,197.0 1 155 66 4 1 022 17 7964 7 105 6437 10,639 7,539 3,099 9,903 7,078 2,825 1,669 1,601 1682 1619 26 28 765 12 4 769 75 616 18 56923 44502 444 042 7 1 191 4 1 151 1 1 10 480 J 9853 1 X 3,710 3539 4,121 3,795 do do... do do do do 1,791 3 23348 1,383.7 1,083 8 485 1 322 1 020 1 836 5,149.1 4,195.1 604.6 3487 999.3 1,041.6 24692 4 6 6906 7058 8820 8170 441 493 423 371 388 361 348 404 413 424 453 429 419 186,483 181 478 131,991 130 163 15,850 11,868 13302 9881 13,378 9,697 11,981 8,813 12777 9,683 12,910 9667 12305 9,293 14265 10597 12403 8,676 13206 9 305 12015 8551 10 645 r 7442 12 859 9427 1,309 1,557 1,527 1,182 782 794 642 1,576 915 1,088 1,551 1,503 1,054 1 5,211 5 5,223 37,729 22,524 22,524 28,871 28871 15 953 15953 () r5 24,779 6,821 6,821 6,117 6117 15694 15 694 29,642 29,617 31,027 31002 16691 16691 1,340 * 5,100 1 "785 585 '200 10.1 76 '2.5 8,892 8,892 5,556 5556 13 537 13 537 7,697 7,672 8,221 8 196 16691 16691 725 688 707 703 698 694 688 687 685 684 681 678 675 62.46 86.17 59.73 8687 61.20 86.61 60.93 8665 60.54 86.71 60.24 8682 59.73 8687 59.79 8701 59.64 87 10 59.57 87 13 59.28 87.05 59.02 8708 58.79 87 15 (2) S-33 SURVEY OF CURRENT BUSINESS October 1990 FOOTNOTES FOR PAGES S-l THROUGH S-32 General Notes for all Pages: r Revised, p Preliminary, e Estimated, c Corrected. Page S-l t Revised series. See Tables 2.6-2.9 in the July 1990 SURVEY for revised estimates for 1987-89. } Includes inventory valuation and capital consumption adjustments. S Monthly estimates equal the centered three-month average of personal saving as a percentage of the centered three-month moving average of disposable personal income. 0 See note "0" for p. S-2. Page S-2 1. Based on data not seasonally adjusted. 0 Effective April 1990 SURVEY, the industrial production index has been revised back to 1977 and has a new base year of 1987. A more detailed explanation of this revision is in the April 1990 Federal Reserve Bulletin. Historical data are available from the Industrial Output Section, Mail Stop 82, Division of Research and Statistics, Federal Reserve Board, Washington, DC 20551. # Includes data not shown separately. Page S-3 # Includes data for items not shown separately. Page S-4 1. Based on data not seasonally adjusted. # Includes data for items not shown separately. t Includes textile mill products, leather and products, paper and allied products, and printing and publishing industries; unfilled orders for other nondurable goods industries are zero. 0 For these industries (food and kindred products, tobacco, apparel and other textile products, petroleum and coal, chemicals and allied products, and rubber and plastics products) sales are considered equal to new orders. Page S-5 @ Compiled by Dun & Bradstreet, Inc. # Includes data for items not shown separately. § Ratio of prices received to prices paid (parity index), t See note "J" for p. S-4. f In the Feb. and July issues of the SURVEY each year, data for the most recent six to eight years are subject to revise and are available upon request. Page S-6 § For producer price indexes of individual commodities, see respective commodities in the Industry section beginning p. S-19. All indexes subject to revision four months after original publication. # Includes data for items not shown separately. J Effective with the Feb. 1990 SURVEY, data have been revised back to 1985 and are available upon request. Page S-7 1. Computed from cumulative valuation total. 2. Index as of Oct. 1, 1990: building, 403.8; construction, 443.0. 3. Beginning Dec. 1988, series has been discontinued by the Bureau of the Census. t Effective July 1990 SURVEY, data have been revised back to 1985. Revised data are available from the Construction Statistics Division at the Bureau of the Census, Washington, DC 20233. # Includes data for items not shown separately. § Data for June, Aug., and Nov. 1989, and Mar. 1990 are for five weeks; other months four weeks. 0 Effective Feb. 1990 SURVEY, data for seasonally adjusted housing starts have been revised back to 1987. These revisions are available upon request. @ Effective Feb. 1990 SURVEY, data for seasonally adjusted manufacturers' shipments of mobile homes have been revised back to 1987. t Effective May 1990 SURVEY, data for seasonally adjusted building permits have been revised back to 1988 and are available upon request. # Series first shown in the July 1990 SURVEY. The fixed-weighted price index is a weighted average of the individual price index series used to deflate the Value of New Construction Put in Place (VIP) series. In calculating the index, the weights (the composition of current dollar VIP in 1987 by category of construction) are held constant. Consequently, the index reflects only changes in prices. The implicit price deflator is a derived ratio of total current to constant dollar Address requests for data to: Business Statistics Branch Current Business Analysis Division (BE-53) Bureau of Economic Analysis U.S. Department of Commerce Washington, D.C. 20230 VIP (multiplied by 100). It is the average of the individual price indexes used in the deflation of VIP, but the prices are weighted by the composition of VIP each period. As a result, the implicit price deflator reflects not only changes in prices, but also changes in the composition of VIP, and its use as a measure of price change is discouraged. f t Effective Sept. 1990 SURVEY, the construction cost index for the Federal Highway Administration has been revised back to 1986 and has a new base year of 1987=100. Page S-8 1. Advance estimate. 2. Beginning with Feb. 1989 data, associations in conservatorship are excluded. 0 Home mortgage rates (conventional first mortgages) are under money and interest rates on p. S-14. § Data include guaranteed direct loans sold. # Includes data for items not shown separately. @ Data are for closed mortgage loans of thrift institutions insured by the Savings Association Insurance Fund (SAIF)—FSLIC-insured institutions prior to Sept. 1989. t Effective April 1990 SURVEY, wholesale trade data have been revised back to Dec. 1980. Revised data and a summary of changes appear in the report Revised Monthly Wholesale Trade Sales and Inventories BW89-R, available from the Bureau of the Census, Washington, DC 20233. t Effective April 1990 SURVEY, retail trade data have been revised. Estimates of retail sales and inventories have been revised back to January 1982. Revised data and a summary of changes appear in the report Revised Monthly Retail Sales and Inventories BR89-R, available from the Bureau of the Census, Washington, DC 20233. Page S-9 1. Advance estimate. # Includes data for items not shown separately. 0 Effective with the January 1990 SURVEY, the seasonally adjusted labor force series have been revised back to January 1985. The January 1990 issue of Employment and Earnings contains the new seasonal adjustment factors, a description of the current methodology, and revised data for the most recent 13 months or calendar quarters. Revised monthly data for the entire 1985-89 revision period appear in the February 1990 issue of Employment and Earnings. t The participation rate is the percent of the civilian noninstitutional population in the civilian labor force. The employment-population ratio is civilian employment as a percent of the civilian noninstitutional population, 16 years and over. @ Data include resident armed forces. J See note "J" for p. S-8. Page S-10 0 See note "0" for p. S-9. § Effective Sept. 1990 SURVEY, data have been revised to reflect annual benchmark revisions, the conversion of the industry series to 1987 SIC codes, and updated seasonal adjustment factors. All series have been revised back to April 1988, unadjusted, and Jan. 1985, seasonally adjusted. Industry series affected by revisions in the SIC have been revised back to the inception of the series, to the extent possible. In addition, all constant-dollar and indexed series have been recomputed on a 1982 base. The Sept. 1990 issue of Employment and Earnings contains a detailed description of the effects of these revisions and revised data for all regularly published tables. All historical data will be published in a historical bulletin, Employment, Hours, and Earnings, United States, 1909-1990. Page S-ll § See note "§" for p. S-10. 1 This series is not seasonally adjusted because the seasonal component is small relative to the trend-cycle and/or irregular components and consequently cannot be separated with sufficient precision. 0 Production and nonsupervisory workers. Page S-12 1. This series is not seasonally adjusted because the seasonal component is small relative to the trend-cycle and/or irregular components and consequently cannot be separated with sufficient precision. Use the corresponding unadjusted series. 2. The hourly earnings index has been discontinued. § See note "§" for p. S-10. 0 Production and nonsupervisory workers. J Earnings in 1982 dollars reflect changes in purchasing power since 1982 by dividing by Consumer Price Index. Effective Feb. 1990 SURVEY, this series has been revised back to 1985 to reflect new seasonal factors for the CPI-W. Revised data are available upon request. S-34 SURVEY OF CURRENT BUSINESS §§ Wages as of Oct. 1, 1990: Common, $18.45; Skilled, $24.27. f Excludes farm, household, and Federal workers. @ Effective with the April 1990 SURVEY, the employment cost index is based on June 1989=100, rather than June 1981=100. Historical data for both June 1989 and June 1981 bases are available from the Bureau of Labor Statistics, Division of Employment Cost Trends, 441 G Street, N.W., Washington, DC 20212. tt These series were affected by an error in the Sept. 1990 SURVEY. The stub for "Transportation equipment" was omitted. Hourly earnings for "Transportation equipment" were shown following the stub for "Electronic and other electrical equipment". Hourly earnings for "Electronic and other electrical equipment" were shown following the stub for "Industrial machinery and equipment". Hourly earnings for "Industrial machinery and equipment" were shown following the stub for "Machinery, except electrical", which was the former name for that industry (SIC 35). Page S-13 1. Effective Feb. 28, 1989, there was a break in the series due to the enlargement of the panel of reporting dealers to 17 and of reporting direct issuers to 36. End of month figures on the old basis are as follows: All issuers, 481,734; financial companies, 373,717; dealer placed, 172,330; directly placed, 201,387; and nonfinancial companies, 108,017. 2. Average for Dec. # Includes data for items not shown separately. § Excludes loans and federal funds transactions with domestic commercial banks and includes valuation reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves). J Covers 50 States and the District of Columbia. Only regular benefits are included. <3> Average weekly insured unemployment for 12-month period divided by average monthly covered employment (lagging 4 full quarters for annual figure and 2 full quarters for monthly figure). f Effective Oct. 1989 SURVEY, loans by loan type are provided by the Federal Farm Credit Banks Funding Corporation. 0 Effective with the April 1990 SURVEY, the reserves of depository institutions have been revised back to 1984 and are available upon request. Page S-14 1. Data are for fiscal years ending Sept. 30 and include revisions not distributed to the months. 2. Weighted by number of loans. 3. Beginning Feb. 1988, data suspended by the Farm Credit Administration, which is revising the information it collects and amending the reports it distributes. § Effective Mar. 1990 SURVEY, data have been revised to reflect new benchmark and seasonal adjustments and are available from the Banking and Money Market Statistics Section of the Division of Monetary Affairs at the Federal Reserve Board, Washington, DC 20551. # Includes data for items not shown separately. 0 Excludes loans to commercial banks in the U.S. t Rates on the commercial paper placed for firms whose bond rating is Aa or the equivalent. it Courtesy of Metals Week. @ Average effective rate t Effective May 1990 SURVEY, the consumer installment credit series have been revised back to 1980 to incorporate new information and updated seasonal adjustment factors. These revisions are available upon request. # Series first shown in the June 1990 SURVEY. f t This series, first shown in the June 1990 SURVEY, represents the outstanding balances of loans that the loan originator has sold and are no longer carried on the loan originator's books. The loans are pooled and securities are issued on the pools. Page S-15 1. Beginning Jan. 1989, the primary public offering statistics have been discontinued by the Securities and Exchange Commission. f Effective Feb. 1990 SURVEY, the money stock measures and components have been revised and are available from the Banking Section of the Division of Research and Statistics at the Federal Reserve Board, Washington, D.C. 20551. Jt Includes ATS and NOW balances at all depository institutions, credit union share draft balances, and demand deposits at thrift institutions. 0 Overnight (and continuing contract) RP's are those issued by commercial banks to the nonbank public, and overnight Eurodollars are those issued by Caribbean branches of member banks to U.S. nonbank customers. @ Small time deposits are those issued in amounts of less than $100,000. Large time deposits are those issued in amounts of $100,000 or more and are net of the holdings of domestic banks, thrift institutions, the U.S. Government, money market mutual funds, and foreign banks and official institutions. # Includes data for items not shown separately. Page S-16 1. The railroad average was discontinued by Moody's on July 13, 1989. Therefore, the July average reflects only eight working days. @ See note "4" for p. S-19 regarding the new commodity classification systems introduced Jan. 1989. Data may not equal the sum of the geographic regions, or commodity groups and principal commodities, because the revisions to the totals are not reflected in the component items. § Number of issues represents number currently used; the change in number does not affect the continuity of the series. J For bonds due or callable in 10 years or more. # Includes data for items not shown separately. October 1990 t Effective with the Mar. 1990 SURVEY, seas. adj. exports and imports have been revised back to Jan. 1988, and are available upon request. Page S-17 1. Beginning with Jan. 1989 data, undocumented exports to Canada are now included, resulting in a break with Dec. 1988 data. 2. Beginning Jan. 1989, buses are excluded from "Motor vehicles and parts" and included in "Other manufactured goods," resulting in a break with Dec. 1988 data. @ See note "@" for p. S-16. t See note "f" for p. S-16. # Includes data not shown separately. 0 Data include undocumented exports to Canada, which are based on official Canadian import totals. Page S-18 1. Reported annual total; quarterly or monthly revisions are not available. 2. For month shown. 3. Beginning Aug. 1989, the export and import indexes have been discontinued by the Census Bureau. # Includes data for items not shown separately. § Total revenues, expenses, and income for all groups of carriers also reflect nonscheduled service. J The threshold for Class I railroad status is adjusted annually by the Interstate Commerce Commission to compensate for inflation. 0 Average daily rent per room occupied, not scheduled rates. ## Data represent entries to a national park for recreational use of the park, its services, conveniences, and/or facilities. f Before extraordinary and prior period items. @ Changes in these unit value indexes may reflect changes in quality or product mix as well as price changes. f t Effective with the Dec. 1989 SURVEY, data for 1981-88 have been revised and are available upon request. it Effective with the Mar. 1990 SURVEY, data for 1985-89 have been revised and are available upon request. Page S-19 1. Reported annual total; monthly or quarterly revisions are not available. 2. Less than 500 metric tons. 3. Figure suppressed because it did not meet Census publication standards. 4. Beginning with 1989 data, merchandise trade data are based upon two new commodity classification systems; the International Harmonized System and, Revision 3 of the Standard International Trade Classification and, as a result, data may not be directly comparable to 1988 and earlier years. # Includes data for items not shown separately. § Data are reported on the basis of 100 percent content of the specified material unless otherwise indicated. t Effective with the Jan. 1990 SURVEY, revisions for 1987-88 are available upon request. Page S-20 1. Reported annual total; monthly or quarterly revisions are not available. 2. Quarterly data are no longer available. 3. See note 4 for p. S-19. § Data are not wholly comparable from year to year because of changes from one classification to another. @ Includes less than 500 electric generation customers not shown separately. J Effective with the Jan. 1990 SURVEY, revisions for 1987-88 are available upon request. <> Effective with the Dec. 1989 SURVEY, revisions for 1987-88 are available upon request. Page S-21 1. Previous year's crop. New crop is not reported until Sept. (crop year: Sept. 1-Aug. 31 2. Crop estimate for the year. 3. Stocks as of June 1. 4. Stocks as of June 1 and represents previous year's crop; new crop not reported until June (beginning of new crop year). 5. Series has been discontinued. 6. Stock estimates are available once a year as June 1 stocks and shown here in the May column and (as previous year's crop) in the annual column. 7. Stocks as of Dec. 1. 8. See note 4 for p. S-19. § Excludes pearl barley. @ Quarterly data represent the 3-month periods Dec.-Feb., Mar-May, June-Aug., and Sept.Nov. Annual data represent Dec.-Nov. 1 Coverage for 21 selected States, representing approximately 85 percent of U.S. production. Page S-22 1. Series has been discontinued. 2. See note 4 for p. S-19. § Cases of 30 dozen. Page S-23 1. Crop estimate for the year. 2. Reported annual total; revisions not distributed to the months. 3. Data suppressed because they did not meet Census publication standards. 4. See note 4 for p. S-19. # Totals include data for items not shown separately. Page S-24 1. Reported annual total; monthly revisions are not available. 2. See note 4 for p. S-19. 3. Less than 500 tons. 4. Beginning in 1990, monthly data have been discontinued. Annual data will continue to be available. Page S-25 1. Reported annual total; monthly revisions are not available. 2. For month shown. 3. Effective with Jan. 1989, import data are for consumption; earlier periods of data are General imports. See also note 4 for p. S-19 regarding the introduction of new classification systems. 4. Beginning in 1990, monthly data have been discontinued. Annual data will continue to be available. @ Includes foreign ores. § Source: Metals Week. Page S-26 1. Reported annual total; monthly revisions are not available. 2. Less than 50 tons. 3. See note 3 for p. S-25. 0 Includes secondary smelters' lead stocks in refinery shapes and in copper-base scrap. \ Source for monthly data: American Bureau of Metal Statistics. Source for annual data: Bureau of Mines. # Includes data not shown separately. f Includes bookings (new orders) for automatic guided vehicles, automated storage and retrieval systems, below hook lifters, cranes, hoists, monorails, racks, shelving, casters and floor trucks, and conveyors. @@ Price represents North American Mean. @ Effective with the Sept. 1990 SURVEY, the new orders index numbers have been converted to a new base year of 1987=100. Data back to 1988 are available upon request. Page S-27 1. Annual total includes revisions not distributed to the months. 2. See note 4 for p. S-19. 3. Beginning in 1990, quarterly data have been discontinued. Annual data will continue to be available. # Includes data for items not shown separately. § Includes nonmarketable catalyst coke. 0 Includes small amounts of "other hydrocarbons and alcohol new supply (field production)," not shown separately. tt March, June, September and December are five-week months. All others consist of four weeks. Page S-28 1. Reported annual total; revisions not allocated to the months. 2. See note 4 for p. S-19. # Includes data for items not shown separately. S-35 SURVEY OP CURRENT BUSINESS October 1990 Page S-29 1. Reported annual total; revisions not allocated to the months. 2. See note 4 for p. S-19. 0 Source: American Paper Institute. Total U.S. estimated consumption by all newspaper users. See also note "f" for this page. # Compiled by the American Newspaper Publishers Association. t Effective with the March 1990 SURVEY, Canadian newsprint statistics have been revised back to Jan. 1982 to exclude supercalendered and some soft-nip calendered paper that was originally classified as newsprint and is now classified as uncoated groundwood papers. This revision also affects estimated consumption. Revised data are available upon request. Page S-30 1. Reported annual total; revisions not allocated to the months. 2. Data are being withheld to avoid disclosing data from individual firms. 3. Data cover five weeks; other months, four weeks. 4. Beginning Jan. 1989, sales of industrial plasters are included with building plasters. 5. Nov. 1 estimate of the 1990 crop. # Includes data for items not shown separately. <> Cumulative ginnings to the end of month indicated. § Bales of 480 Ibs. Page S-31 1. Less than 500 bales. 2. Annual total includes revisions not distributed to the months. 3. Average for crop year; Aug. 1-Jul. 31. 4. For five weeks; other months four weeks. 5. See note 4 for p. S-19. 6. Beginning in 1990, data are available only on a quarterly basis. 0 Based on 480-lb. bales, preliminary price reflects sales as of the 15th; revised price reflects total quantity purchased and dollars paid for the entire month (revised price includes discounts and premiums). § Bales of 480 Ibs. t The totalmav include some miscellaneous wool imports. * Series first shown in the July 1990 SURVEY. Page S-32 1. Annual total includes revisions not distributed to the months. 2. Production of new vehicles (thous. of units) for Sept. 1990: passenger cars, 553; trucks and buses, 313. 3. Data are reported on an annual basis only. 4. See note 4 for p. S-19. 5. Beginning Jan. 1989, shipments of trailer bodies are included with trailer chassis to avoid disclosure of data from individual firms. 6. Effective with the August 1990 SURVEY, data have been revised back to 1987 and are available upon request. # Total includes backlog for nonrelated products and services and basic research. § Domestics comprise all cars assembled in the U.S. and cars assembled in Canada and imported to the U.S. under the provisions of the Automotive Products Trade Act of 1965. Imports comprise all other cars. <0> Courtesy of R.L. Polk & Co.; republication prohibited. Because data for some States are not available, month-to-month comparisons are not strictly valid. * Series first shown in the August 1990 SURVEY. t Includes some imported trucks over 10,000 Ibs. GVW. | Excludes railroad-owned private refrigerator cars and private line cars. S-36 SURVEY OF CURRENT BUSINESS October 1990 Index to Current Business Statistics Sections Business indicators Commodity prices Construction and real estate Domestic trade Labor force, employment, and earnings.. Finance . Foreign trade of the United States . . . . . . . . . '.'.'.'.'.'.'.'.' Transportation and communication 1-5 5, 6 7,8 8,9 9-13 13-16 16-18 18,19 Industry: Chemicals and allied products Electric power and gas Food and kindred products; tobacco Leather and products Lumber and products Metals and manufactures Petroleum, coal, and products Pulp, paper, and paper products Rubber and rubber products Stone, day, and glass products Textile products Transportation equipment 19, 20 20 20-23 23 23,24 24-27 27, 28 28, 29 29 30 30-32 32 Footnotes. 32-35 Individual Series Advertising Aerospace vehicles.. Agricultural loans... Air carrier operations. Air conditioners (room) . Aircraft and parts Alcohol, denatured and ethyl Alcoholic beverages Aluminum Apparel Asphalt Automobiles, etc Banking Barley Battery shipments Beef and veal Beverages Blast furnaces, steel mills Bonds, issued, prices, sales yields Brass and bronze Brick Building and construction materials Building costs Building permits Business incorporation (new), failures Business sales and inventories Butter 8, 12 32 13 18 27 4, 5,32 19 8,20 25 2, 4-6, 8-12, 31, 32 28 2-4, 6, 8, 9,14, 15,17, 32 13,14 21 27 22 8,17, 20 3-5 15,16 26 30 2,4, 5 7 7 5 2, 3 21 Carpets 31 Cattle and calves 22 Cement 30 Chain-store sales, firms with 11 or more stores 9 Cheese 21 Chemicals 2-4,10-12,15,17,19, 20 Cigarettes and cigars 23 Clay products 2-4, 30 Clothing (see apparel) Coal 2, 27 Cocoa 22 Coffee 22 Coke 27 Combustion, atmosphere, heating equipment 26 Communication 15,19 Construction: Contracts 7 Costs 7 Employment, unemployment, hours, earnings 10-12 Housing starts 7 New construction put in place 7 Consumer credit Consumer goods output, index Consumer Price Index Copper and copper products Corn Cost of living (see Consumer Price Index) Cotton, raw and manufactures Credit, commercial bank, consumer Crops Crude oil Currency in circulation Dairy products Debt, U.S. Government Deflator, PCE Department stores, sales, inventories Deposits, bank Dishwashers and disposers 1 20 1, 15 Disposition of personal income . General: 14 1,2 5,6 25, 26 21 5, 6 5,30,31 14 5,21-23, 30 3, 27 15 5, 2114 1 9 13,15 27 Distilled spirits Dividend payments Drugstores, sales Earnings, weekly and hourly Eating and drinking places Eggs and poultry Electric power Electrical machinery and equipment Employee-hours, aggregate, and indexes Employment and employment cost Exports (see also individual commodities) 12 8, 9 5, 22 2, 20 2-5,10-12,15, 27 11 10-12 16-18 5 5,6 17 14 13 13 19 22 24 22 26 Failures, industrial and commercial. Farm prices Fats and oils Federal Government finance Federal Reserve System Federal Reserve member banks... Fertilizers Rsh Flooring, hardwood Rour, wheat Ruid power products. Food products Foreign trade (see also individual commod.) Freight cars (equipment) Fruits and vegetables Fuel oil Fuels Furnaces Furniture 2-6, 8,10-12,15,17, 20-23 16-18 32 5 6, 28 2, 6, 17, 27, 28 27 2, 6, 8-12 Gas, output, prices, sales, revenues Gasoline Glass and products Glycerin Gold Grains and products Grocery stores Gypsum and products Hardware stores Heating equipment Help-wanted advertising index Hides and skins Hogs Home loan banks, outstanding advances Home mortgages Hotels, motor hotels, and economy hotels Hours, average weekly Housefurnishings Household appliances, radios, and television sets . Housing starts and permits Imports (see also individual commodities) Income, personal Income and employment tax receipts Industrial production indexes: By industry By market grouping Installment credit Instruments and related products Interest and money rates Inventories, manufacturers' and trade Inventory-sales ratios Iron and steel 2,6, 20 28 30 19 14 5, 21, 22 9 30 26 12 22 18 11 . 2, 4-6, 8, 9 27 7 17,18 1 14 1,2 1,2 14 2-4,10-12 14 3, 4, 8, 9 3 2,15, 24, 25 Labor force 9,10 Lamb and mutton 22 Lead 26 Leather and products 2, 6,10-12,23 Livestock 5, 22 Loans, real estate, agricultural, bank (see also Consumer credit) 8,13 Lubricants 28 Lumber and products 2, 6,10-12, 23,24 Machine tools 26 Machinery 2-6,10-12,15,17,26,27 Manufacturers' sales (or shipments), inventories, orders 3-5 Manufacturing employment, unemployment, production workers, hours, earnings Manufacturing production indexes Meat animals and meats Medical care Metals Milk Mining Mobile homes, shipments, installment credit Monetary statistics Money and interest rates Money supply Mortgage applications, loans, rates Motor carriers Motor vehicles 10-12 1,2 5, 22 6 2-6, 10-12, 15, 24-26 21 2,10-12 7,14 15 14 15 8,13,14 18 2-4, 6, 8, 9,15,17, 32 National parks, visits Newsprint New York Stock Exchange, selected data Nonferrous metals Oats Oils and fats Orders, new and unfilled, manufacturers' Outlays, U.S. Government 18 29 16 2, 4,5,15, 25, 26 21 17 4, 5 14 Paint and paint materials 20 Paper and products and pulp 2-4, 6,10-12,15, 28, 29 Parity ratio 5 Passenger cars 2-4, 6, 8,9,15,17,32 Passports issued 18 Personal consumption expenditures 1 Personal income 1 Personal outlays 1 Petroleum and products 2-4,10-12,15,17, 27, 28 Pig iron 24 Plastics and resin materials 20 Population (*49 Pork 22 Poultry and eggs 5, 22 Price deflator, implicit (PCE) 1 Prices (see also individual commodities) 5,6 Printing and publishing 2,10-12 Private sector employment, hours, earnings 10-12 Producer Price Indexes (see also individual commodities) 6 Profits, corporate 15 Public utilities 1, 2, 7,15,16, 20 Pulp and pulpwood 28 Purchasing power of the dollar 6 Radio and television Railroads Ranges and microwave ovens Rayon and acetate Real estate Receipts, U.S. Government Refrigerators Registrations (new vehicles) Rent (housing) Retail trade Rice Rubber and products (incl. plastics) Saving, personal Savings deposits Savings institutions Securities issued Security markets Services Sheep and lambs Shoes and other footwear Silver Spindle activity, cotton Steel and steel manufactures Stock market customer financing Stock prices, yields, sales, etc Stone, day, glass products Sugar Sulfur Sulfuricacid Superphosphate Synthetic textile products Tea imports Telephone carriers Television and radio Textiles and products Tin Tires and inner tubes Tobacco and manufactures Tractors Trade (retail and wholesale) Transit lines, urban Transportation Transportation equipment Travel Truck trailers Trucks 8, 27 13,16,18, 32 27 31 8,13 14 27 32 6 2, 3, 5, 8-12,14, 32 21 2-4, 6,10-12, 29 1 13 8,14 15 15,16 6,10-12 22 23 14 31 24,25 15 16 2-4,10-12,15, 30 23 19 19 19 31 23 19 27 2-4,10-12,15,30-32 26 ^ 2-4,10-11 j '27 '2, 3, 5, 8-12,32 18 6,10-12,15,16,18 2-6,10-12,15,17, 32 18 32 .'.'.'.' 2, 32 Unemployment and insurance U.S. Government bonds U.S. Government finance Utilities Vacuum cleaners Variety stores Vegetables and fruits 9,10,13 16 15 2, 6, 7,15, 16, 20 27 9 5 Wages and salaries Washers and dryers Water heaters Wheat and wheatflour Wholesale trade Wood pulp Wool and wool manufactures Zinc 1,12 27 27 21,22 2,3, 5, 8,10-12 28 31 26 BEA Information BEA's economic information is available in publications, on computer tapes, on diskettes, and through a variety of other products and services. Most of these are described in A User's Guide to BEA Information, For a copy, send a self-addressed stamped envelope (8 1/2 by 11 inches, with 75 cents postage) to Public Information Office, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Available From GPO group, for residential capital by tenure group, for government-owned fixed capital by type of government, and for 11 types of durable goods owned by consumers. 400 pp. $18.00 (GPO Stock No. 003-010-00177-1). ORDER FROM:Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20401 Payment may be by check (made payable to Superintendent of Documents) or charged to a GPO deposit account number, VISA, or MasterCard* Phone (202) 783-3238 or fax (202) 275-0019. BEA Regional Projections to 2040. (1990) Three volumes. Presents regional projections for selected economic and population variables for 1995,2000,2005,2010,2020, and 2040. Includes projections for employment and earnings by industry and for personal income^ as well as a statement of methodology. Vol. 1: States. 144 pp. $7.50 (GPO Stock No. 003^10-00199-2). Vol.2: Metropolitan Statistical Areas. 352 pp, Price to be determined. g4 SURVEY OF CURRENT BUSINESS. Contains estimates and analyses of U.S. (GPO Stock No. 003-010-00211-5). Ifeonomic activity, Featuresinclude a review of current economic developVol. 3: BEA Economic Areas. 200 pp. Price to be determined. (GPO ments; articles pertaining to BEA's work on the national, regional, and Stock No, 003-010-00213-3), international economic accounts and related topics; quarterly national State Personal Income: 1929-87. (1989) Contains annual estimates income and product accounts tables; a 28-page section of business cycle for 1929-87 of total personal income, annual estimates for 1948-87 of indicators containing tables for over 250 series and charts for about 130 disposable personal income, and quarterly estimates for 1969-88 of total series; and a 36-page section of current business statistics presenting over personal income. Also contains a statement of methodology. 320 pp. 1,900 major economic series obtained from public and private sources. $16.00 (GPO Stock No. 003-010-00197-6), Monthly, Annual subscription: $23,00 second class mail, $52.00 first class Local Area Personal Income, 1983-88. (1990) Contains estimates of mail. Singlecopy: $6.50. personal income by major type of payment and earnings by major indusBusiness Statistics, 1961-88. (1989) Provides monthly or quarterly try, population, and total and per capita personal income for regions, data for 1985-88 and annual data for 1961-88 for series that appear in the States, counties, and metropolitan areas. SURVEY OF CURRENT BUSINESS. Also contains definitions of terms, sources of Vol. 1. Summary: Regions, States, and Metropolitan Areas. Estimates data, and methods of compilation. 328pp. $16.00 (GPO Stock No. 003for the United States, regions, States, and metropolitan areas. Also 010-00198-4). contains county definitions of metropolitan areas, a detailed descripThe National Income and Product Accounts of the United tion of sources and methods, and samples of tables available. 300 pp. States, 1929-82: Statistical Tables. (1986) Contains detailed estimates $15.00 (GPO Stock No. 003-010-00205-1). of the national income and product accounts for 1929-82 from the compreVol. 2. New England, Mideast, and Great Lakes Regions. 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VA, WV) 372 pp. $18,00 (GPO Stock No, 003-010-00208-5), No. 5: Government Transactions, (1988) Presents the conceptual basis Vol. 5» Southwest, Rocky Mountain, and Far West Regions and Alaska and framework of government transactions in the national income andHawaiL(AK>AZ, CA, CO, HI, IB, MT, NV, NM, OK, OB, TX, UT, and product accounts; describes the presentations of the estimates; WA, WY) 328 pp. $16,00 (GPO Stock No. 003-010-00209-3). and delineates the sources and methods used to prepare estimates of Federal transactions and of State and local transactions. 120 pp. The Balance of Payments of the United States: Concepts, Data $5,50 (GPO Stock No. 003-010*00187-9). Sources, and Estimating Procedures. (1990) Describes in detail the No. 6; Personal Consumption Expenditures, (1990) Presents the con- methodology used in constructing the balance of payments estimates for ceptual basis and framework of personal consumption expenditures the United States. 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(1987) Contains annual estimates of the stock of privately (1990) Contains information on the financial structure and operations of owned and government-owned durable equipment and structures and of nonbank U.S. affiliates of foreign direct investors, Bata are classified by durable goods owned by consumers in the United States for 1925-85. industry of U.S. affiliate, by country and industry of ultimate beneficial Estimates are for fixed nonresidential private capital by major industry owner, and, for selected data, by State. 92 pp. $4.75 (GPO Stock No. 003010-00203-4). ' ' NIPA Methodology Papers 1 through 4 (photocopies) are available from the National Technical Information Service (NTIS). No. 1: Introduction to National Economic Accounting. (1985) 19 pp. $11.00 (NTIS Accession No. PB 85-247567). No. 2: Corporate Profits: Profits Before Tax, Profits Tax Liability, and Dividends. (1985) 67 pp. $17,00 (NTIS Accession No. PB 85-245397). No. & Foreign Transactions. (1987) 52 pp. $17.00 (NTIS Accession No. PB 88-100649), No. 4; GNP:An Overview of Source Data and Estimating Methods. (1987) 36 pp. $15.00 (NTIS Accession No. PB 88434838). ORDER FROM: U.S. Department of Commerce, National Technical Information Service, 5285 Port Eoyal Road, Springfield, VA 22161. Payment may be by cheek (made payable to NTIS) or charged to an NTIS deposit account number, American Express, VISA, or Mastercard. Phone (703) 487-4650 or fax (703) 321-8547. Foreign Direct Investment in the United States: 1987 Benchmark Survey, Final Results. (1990) Contains information for 1987 on the financial structure and operations of U.S. affiliates of foreign direct investors, on the foreign direct investment position in the United States, and on balance of payments transactions between U.S. affiliates and their foreign parents, Bata are classified by industry of affiliate, by country and industry of ultimate beneficial owner or foreign parent, and, for selected data, by State, Also contains a complete methodology and copies of survey forms and instructions. 284 pp, $14.00 (GPO Stock No. 003-010-00210-7). U.S. Direct Investment Abroad: Operations of U.S. Parent Companies and Their Foreign Affiliates, (1990) Presents results of BEA's annual survey of the worldwide operations of UJ§. multinational companies. Contains information on the financial structure and operations of both U.S. parent companies and their foreign affiliates. Data are classified by country and industry of foreign affiliate and by industry of U.S. parent. 80 pp, $4.25 each. Preliminary 1988 Estimates: GPO Stock No. 003-010-00202-6; Revised 1987 EstimatesrGPO Stock No. 003-010-00201-8. UNITED STATES GOVERNMENT PRINTING OFFICE SUPERINTENDENT OF DOCUMENTS WASHINGTON, DC 20402 SECOND CLASS MAIL POSTAGE AND FEES PAID U.S. GOVERNMENT PRINTING OFFICE OFFICIAL BUSINESS USPS PUB. No. 337-790 PENALTY FOR PRIVATE USE, $300 Schedule of Upcoming BEA News Releases Subject Merchandise Trade (balance of payments basis), 3d quarter 1990 Gross National Product, 3d quarter 1990 (preliminary) Corporate Profits, 3d quarter 1990 (preliminary) Personal Income and Outlays, October 1990 Composite Indexes of Leading, Coincident, and Lagging Indicators, October 1990 ... Summary of International Transactions, 3d quarter 1990 Gross National Product, 3d quarter 1990 (final) Corporate Profits, 3d quarter 1990 (revised) Personal Income and Outlays, November 1990 Composite Indexes of Leading, Coincident, and Lagging Indicators, November 1990. For information, call (202) 523-0777, Bureau of Economic Analysis, U.S. Department of Commerce. Release Date Nov. Nov. Nov. Nov. Nov. Dec. Dec. Dec. Dec. Dec. 27 28 28 29 30 11 19 19 20 28