Full text of Survey of Current Business : October 2002
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
In This Issue . . . U.S. International Transactions, Second Quarter 2002 U.S. International Services, 2000-2001 Revised State Personal Income for 1999-2001 BUREAU OF ECONOMIC ANALYSIS ECONOMICS AND STATISTICS ADMINISTRATION U.S. DEPARTMENT OF COMMERCE U.S. Department of Commerce Donald L. Evans, Secretary Economics and Statistics Administration Kathleen B. Cooper, Under Secretary for Economic Affairs Bureau of Economic Analysis J. Steven Landefeld, Director Rosemary D. Marcuss, Deputy Director Dennis J. Fixler, Chief Statistician Barbara M. Fraumeni, Chief Economist Suzette Kern, Associate Directorfor Management and Chief Administrative Officer Ralph Kozlow, Associate Directorfor International Economics Alan C. Lorish, Jr., Chief Information Officer Brent R. Moulton, Associate Directorfor National Economic Accounts Sumiye Okubo, Associate Director for Industry Accounts The SURVEY OF CURRENT BUSINESS (ISSN 0039-6222) is published monthly by the Bureau of Economic Analysis of the U.S. Department of Commerce. Editorial correspondence should be addressed to the Editor-in-Chief, SURVEY OF CURRENT BUSINESS, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Subscriptions to the SURVEY OF CURRENT BUSINESS are maintained, and the prices are set, by the U.S. Government Printing Office, an agency of the U.S. Congress. To subscribe, call 202-512-1800, or go to <bookstore.gpo.gov>. To inquire about your subscription call 202-512-1806. Send changes of address to Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. Postage paid at Washington, DC and at additional mailing offices (USPS 337-790). Subscription and single-copy prices Second-class mail: $50.00 domestic, $62.50 foreign First-class mail: $95.00 Single copy: $22.00 domestic, $27.50 foreign Unless stated otherwise, the information in this journal is in the public domain and may be reprinted without the permission of the Bureau of Economic Analysis. Citation of the SURVEY OF CURRENT BUSINESS as the source is BEA Advisory Committee The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA's national, regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from innovative and advancing technologies, and provides recommendations from the perspective of businessmen, academicians, researchers, and experts in government and international affairs. William D. Nordhaus, Chair, Yale University Alan J. Auerbach, University of California, Berkeley Richard B. Berner, Morgan Stanley Michael J. Boskin, Stanford University Barry P. Bos worth, The Brookings Institution Robert J. Gordon, Northwestern University Maurine A. Haver, Haver Analytics, Inc. Charles R. Hulten, University of Maryland Dale W. Jorgenson, Harvard University Karen R. Polenske, Massachusetts Institute of Technology Joel L. Prakken, Macroeconomic Advisers, LLC appreciated. The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the public business required by law of this Department. Editor-in-Chief: Douglas R. Fox Production Manager: Delores J. Barber Graphic Designer: W. Ronnie Foster Manuscript Editor: M. Gretchen Gibson Production Editor: Ernestine T. Gladden Editor: Kristina L. Maze Technical Advisor: Brian V. Moran This issue went to the printer on October 15, 2002. It incorporates data from the following monthly BEA news releases: U.S. International Trade in Goods and Services (September 18), Gross Domestic Product (September 27), and Personal Income and Outlays (September 30). SURVEY OF CURRENT BUSINESS October 2002 www.bea.gov Volume 82 Number 10 Special in this issue 125 State Personal Income: Revised Estimates for 1999-2001 The annual estimates of State personal income for 1999-2001 have been revised to incorporate the results of the recent annual revision of the NIPA's and newly available State-level source data. In general, the revisions were small and upward for all 3 years; in contrast, the NIPA estimate of personal income for 2001 had been revised down substantially. The difference primarily reflected the timing of the incorporation of Bureau of Labor Statistics tabulations of wages and salaries for 2001. In 2001, personal income grew the fastest in New Mexico, and it grew the slowest in Michigan. Regular features 1 Business Situation: Final Estimates for the Second Quarter of 2002 Real GDP slowed to a 1.3-percent increase in the second quarter of 2002, according to the "final" estimate, from a 5.0-percent increase in the first quarter; the "preliminary" estimate issued a month ago had shown a 1.1-percent increase. The primary contributor to the upward revision to GDP was an upward revision to exports of services. Corporate profits decreased $12.6 billion (1.6 percent at a quarterly rate) in the second quarter after decreasing $13.8 billion (1.7 percent) in the first. 39 U.S. International Transactions, Second Quarter 2002 The U.S. current-account deficit increased $17.5 billion, to $130.0 billion, in the second quarter of 2002. The increase was primarily accounted for by an increase in the deficit on goods, as imports increased more than exports. In the financial account, net recorded inflows decreased $7.2 billion, to $80.4 billion. Financial outflows for U.S.-owned assets abroad and financial inflows for foreign-owned assets in the United States both increased substantially, but the increase in financial outflows was larger. 67 U.S. International Services: Cross-Border Trade in 2001 and Sales Through Affiliates in 2000 In 2001, U.S. exports of private services decreased 4 percent, to $266.2 billion, and U.S. imports of private services decreased 5 percent, to $192.3 billion. The decreases in both exports and imports reflected the worldwide slowdown in economic growth and the effects of the terrorist attacks of September 11 th . In 2000, the most recent year for which data are available, sales of private services abroad through foreign affiliates of U.S. companies increased 11 percent, to $392.8 billion, — Continued on the next page - October 2002 and sales of private services in the United States through U.S. affiliates of foreign companies increased 18 percent, to $346.7 billion. These increases reflected the strong worldwide economy in 2000 and the continued worldwide boom in merger and acquisition activity. Reports and statistics 7 Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade, 1998:IV~2002:ll 10 Customer Service Report for Fiscal Year 2002 12 Annual NIRA Revision: Newly Available Tables 20 Updated Summary NIPA Methodologies 148 Schedule of BEA News Releases in 2003 D-1 BEA Current and Historical Data Inside back cover: Getting BEA's Estimates Back cover: Schedule of Upcoming News Releases LOOKING AHEAD Gross Domestic Product by Industry, An article that presents new estimates of GDP by industry for 2001 and revised estimates for 1999 and 2000 is scheduled to be published in the November issue of the SURVEY. These estimates will incorporate the results of this year's annual revision of the NIPA's and newly available source data. October 2002 Business Situation Final Estimates for the Second Quarter of 2002 A CCORDING to the "final" estimates of the i i national income and product accounts (NIPA's), real GDP increased 1.3 percent in the second quarter of 2002, 0.2 percentage point more than in last month's preliminary estimates (table 1 and chart 1).' (Over the past 20 years, the average revision, without regard to the sign, from the preliminary estimate to the final estimate was 0.3 percentage point.) Real final sales of domestic product was also revised up 0.2 percentage point, from -0.3 percent in the preliminary estimate to —0.1 percent in the final. The source data underlying these and other revisions to the NIPA's are discussed in the section "Revisions." The picture of the economy shown in the final estimates for the second quarter is similar to that shown in 1. Quarterly estimates in the NIPA's are expressed at seasonally adjusted annual rates, unless otherwise specified. Quarter-to-quarter dollar changes are differences between these published estimates. Percent changes are calculated from unrounded data and annualized. "Real" estimates are in chained (1996) dollars, and price indexes are chain-type measures. the preliminary estimates. In both, GDP growth in the second quarter was much lower than the 5.0-percent growth in the first quarter, and in both, the deceleration was mainly accounted for by slowdowns in inventory investment, consumer spending, and government spending.2 In addition, imports (which are subtracted in the calculation of GDP) accelerated sharply. According to the final estimates, • A swing from inventory liquidation to inventory accumulation contributed 1.31 percentage points to GDP growth in the second quarter; in the first quar2. In this article, "inventory investment" is shorthand for "change in private inventories," "consumer spending" is shorthand for the NIPA series "personal consumption expenditures," and "government spending" is shorthand for "government consumption expenditures and gross investment." Table 1. Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Seasonally adjusted at annual rates] Billions of chained (1996) dollars This article was prepared by Daniel Larkins and Frederick von Batchelder. 2002 Gross domestic product Less: Exports of goods and services Plus: Imports ol goods and services Real Gross Domestic Product Equals: Gross domestic purchases Equals: Final sales to domestic purchasers H...JI. 1999 2000 2001 Note.-Percent change at annual rate from preceding quarter; based on seasonally adjusted estimates. U.S. Bureau of Economic Analysis 2002 Percent change f preceding quart er Change from preceding quarter Level 2002 2001 2002 2001 II III IV I II III 9,392.4 -6.7 62.4 114.4 29.2 -0.3 1,065.5 -50.8 -26.2 8.8 34.9 -17.3 -9.6 3.5 14.3 1.552.9 -46.6 -19.8 29.9 75.8 -11.8 -5.3 8.5 22.2 9.840.8 -1.3 69.5 132.9 62.6 -0.1 2.9 5.6 2.6 49 -3 5 -36 6 69 5 33 8 1.6 102.0 72.1 31.6 0.1 4.3 3.0 1.3 9,826.0 IV I II 2.7 5.0 1.3 Personal consumption expenditures Durable goods Nondurable goods Services 6,542.4 980.7 1,920.9 3,666.2 22.9 10.2 6.0 8.2 93.1 69.4 16.7 19.1 49.8 -16.1 36.4 25.6 28.6 4.8 -0.5 24.0 1.5 4.6 1.3 0.9 6.0 33.6 3.6 2.1 3.1 -6.3 7.9 2.9 1.8 2.0 -0.1 2.7 Private fixed investment Nonresidential Structures Equipment and software Residential 1,572.6 1.181.1 231.7 961.4 386.1 -17.8 -19.3 1.9 -23.5 0.3 -37.3 -35.3 -23 6 -6.1 -3.3 -2.0 -18.0 -9.5 -6.6 12.6 -3.8 -7.3 -11.5 7.7 2.5 -4.3 -60 2.9 -9 2 0.4 -8.9 -10.9 -30.1 -2.5 -3.5 -0.5 -5.8 -14.2 -2.7 14.2 -1.0 -2.4 -17.6 3.3 2.7 Government consumption expenditures and gross investment Federal National delense Nondefense State and local 1,703.3 608.7 395.8 212.9 1,094.7 -4.7 1.7 4.1 -2.4 -6.1 41.2 18.3 12.5 5.9 23.0 22.8 10.6 10.5 0.2 12.2 6.0 10.9 7.3 3.6 -4.6 -1.1 1.2 4.6 -4.5 -2.3 10.5 13.5 14.3 12.1 8.9 5.6 7.4 11.6 0.4 4.6 1.4 7.5 7.8 6.9 -1.7 9,377.9 -3.8 94.4 54.5 -1.5 -0.2 4.2 2.4 -0.1 Addendum: Final sales ol domestic product NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights ol more than one period, the corresponding chained-dollar estimates usually are not additive. Chained (1996) dollar levels and residuals, which measure the extent of nonadditivrty in each table, are shown in NIPA tables 1.2.1.4, and 1.6. Percent changes are calculated from unrounded data. Percent changes in major aggregates are shown in NIPA table S i . (See "Selected NIPA Tables," which begin on page D-2 in this issue.) Business Situation ter, a sharp cut in the pace of liquidation had contributed 2.60 percentage points to growth (table 2). Table 2. Contributions to Percent Change in Real Gross Domestic Product [Seasonally adjusted at annual rates] 2002 2001 Percent change at annual rate: Gross domestic product -0.3 2.7 5.0 1.3 Percentage points at annual rates: Personal consumption expenditures Durable goods Nondurable goods Services 0.97 0.36 0.25 0.35 4.05 2.45 0.73 0.87 2.22 -0.55 1.57 1.20 1.22 0.16 -0.02 1.08 Gross private domestic investment.. Fixed investment Presidential Structures Equipment and software Residential Change in private inventories -0.81 -0.72 -0.73 0.10 -0.83 0.02 -0.09 -2.88 -1.49 -1.33 -1.12 -0.21 -0.16 -1.39 2.53 -0.07 -0.66 -0.44 -0.22 0.60 2.60 1.16 -0.15 -0.27 -0.53 0.26 0.12 1.31 Net exports of goods and servicesExports Goods Services Imports Goods Services -0.24 -1.94 -1.49 -0.45 1.70 1.17 0.53 -0.28 -0.99 -0.56 -0.42 0.70 0.37 0.33 -0.75 0.33 -0.23 0.56 -1.08 -0.40 -0.68 -1.40 1.29 0.99 0.30 -2.69 -2.74 0.05 Government consumption expenditures and gross investment Federal National defense Nondefense State and local -0.21 0.07 0.18 -0.11 -0.28 1.85 0.80 0.54 0.26 1.05 1.04 0.47 0.46 0.01 0.56 0.27 0.47 0.32 0.16 -0.21 NOTE. More detailed contributions to percent change in real gross domestic product are shown in NIPA table 8.2. Contributions to percent change in major components of real gross domestic product are shown in tables 8.3 through 8.6. October 2002 • Consumer spending contributed 1.22 percentage points to second-quarter growth after contributing 2.22 percentage points to first-quarter growth. Consumer purchases of durable goods turned up, and purchases of services increased almost as much as in the first quarter, but purchases of nondurable goods were flat after a sharp first-quarter increase. • Government spending contributed 0.27 percentage point to growth after contributing 1.04 percentage points. Federal Government spending increased about as much as in the first quarter, but State and local government spending turned down. The preliminary and final estimates also agree on the following important points: •Inventory stocks increased after substantial liquidation in each of the preceding five quarters. •The production of structures turned down, and the production of goods slowed. In contrast, the production of services increased a little more than in the first quarter. • Imports increased about twice as much as exports. •The personal saving rate, which is measured as personal saving as a percentage of current-dollar disposable personal income, increased (to 4.0 percent in the final estimate). •Real final sales of computers turned up. Real motor vehicle output increased less than in the first quarter. October 2002 SURVEY OF CURRENT BUSINESS Revisions Real exports contributed 0.17 percentage point to the 0.2 percentage point revision to GDP, as exports of services were revised up. Imports, which are subtracted in the calculation of GDP, were revised down and contributed 0.08 percentage point. The effect of these revisions was partly offset by a downward revision to inventory investment, which contributed -0.09 percentage point. The revision to exports mainly reflected the incorporation (on a "best-change" basis) of revised data on trade in services from BEA's international transactions accounts (table 3).3 The revision to imports mainly reflected revised Census Bureau data on imports of goods for June. The revision to inventory investment manly reflected revised Census Bureau data on manufacturing inventories for June. The price index for gross domestic purchases increased 2.3 percent, 0.1 percentage point more than the preliminary estimate. The revision was mainly in the price offinancialservices purchased by consumers; it reflected the incorporation of revised producer price indexes from the Bureau of Labor Statistics and newly available data from the Federal Deposit Insurance Corporation and the Federal Reserve Board. Real disposable personal income (DPI) increased 3.6 percent in the second quarter, 0.1 percentage point less than the preliminary estimate. An upward revision to the implicit price deflator for personal consumption expenditures, which is used to deflate DPI, more than offset an upward revision to current-dollar DPI. The release of the final estimate for the second quarter marked the implementation of the new revision schedule that was announced in the GDP news release on June 27. According to this schedule, the final estimates for a quarter now include revised estimates of wages and salaries for the preceding quarter that incorporate the Bureau of Labor Statistics' latest tabulations from the State unemployment insurance program. As 3. Incorporating the source data on a best-change basis provides accurate measures of the change in the estimates for all periods, but results in levels of the estimates that are not fully consistent with the source data. In general, BEA incorporates source data on best-change basis in order to preserve accurate estimates of growth and consistent time series. (For more information, see the box "Incorporating Source Data on the Basis of Best Change," in Eugene P. Seskin and David F. Sullivan, "Annual Revision of the National Income and Product Accounts," SURVEY OF CURRENT BUSINESS 80 (August 2000): 16.) a result, more reliable information is available to data users in a more timely manner, and revisions to wages and salaries in the annual NIPA revision will be reduced. / The revised estimate of wage and salary disbursements in the first quarter shows an increase of $26.4 billion (in current dollars), $7.4 billion less than previously estimated. Disbursements for the second quarter are currently estimated to have increased $39.2 billion. Table 3. Revisions to Change in Real Gross Domestic Product and Prices, Second Quarter 2002 [Seasonally adjusted at annual rates] Percent change from preceding quarter Preliminary estimate Gross domestic product.. Final estimate minus preliminary estimate Final estimate Percentage points Billions of chained (1996) dollars 1.1 1.3 0.2 2.8 Less: Exports Goods Services 12.3 16.4 3.4 14.3 15.9 10.7 2.0 -0.5 7.3 4.6 -0.9 5.1 Plus: ImportsGoods Services 22.8 28.5 -1.5 22.2 27.9 -2.1 -0.6 -0.6 -0.6 -2.1 -1.7 -0.4 2.7 2.6 -0.1 -2.9 1.3 1.3 0.0 -0.7 1.9 2.2 0.1 2.7 -1.2 -2.6 -17.7 3.1 2.3 1.8 2.0 -0.1 2.7 -1.0 -2.4 -17.6 3.3 2.7 -0.1 -0.2 -0.2 0.0 0.2 0.2 0.1 0.2 0.4 -1.4 -0.5 -1.0 0.1 0.8 0.4 0.1 0.4 0.4 1.4 7.7 7.6 7.7 -1.8 1.4 7.5 7.8 6.9 -1.7 0.0 -0.2 0.2 -0.8 0.1 -0.1 -0.3 0.1 -0.4 0.3 -0.3 2.2 1.1 -0.1 2.3 1.2 0.2 0.1 0.1 5.0 Equals: Gross domestic purchases Less: Change in private inventories Equals: Final sales to domestic purchasers.... Personal consumption expenditures Durable goods Nondurable goods Services Private fixed investment Presidential Structures Equipment and software Residential Government consumption expenditures and gross investment Federal National defense Nondefense State and local Addendum: Final sales of domestic product Gross domestic purchases price index.. GDP price index -2.4 NOTE. The final estimates for the second quarter of 2002 incorporate the following revised or additional major source data that were not available when the preliminary estimates were prepared. Personal consumption expenditures: Revised retail sales for June, bank services data for the first quarter, and brokerage services data for the quarter. Nonresidential fixed investment: Revised construction put-in-place for May and June. Residential fixed investment: Revised construction put-in-place for May and June. Change in private inventories: Revised manufacturers' and trade inventories for June. Exports and imports of goods and services: Revised data on exports and imports of goods and services for the first quarter and new data for the second. Government consumption expenditures and gross investment: Revised State and local construction put-in-place for May and June. Wages and salaries: Revised private wages and salaries for the first quarter, and revised employment, average hourly earnings, and average weekly hours for June. GDP prices: Revised export and import prices for April through June, revised unit-value index for petroleum imports for June, and revised prices of single-family houses under construction for the quarter. Gross National Product, next page. Business Situation October 2002 Gross National Product Real gross national product (GNP) increased 0.4 percent in the second quarter, 0.9 percentage point less than real GDP (table 4).4 GNP increased less than GDP because income receipts from the rest of the world increased less than income payments to the rest of the world. The increases in receipts and payments were more than accounted for by increases in profits. "Command-basis" GNP—which measures the purchasing power of goods and services produced by the U.S. economy—decreased 0.4 percent (chart 2). The contrast between the decrease in this measure and the increase in GNP reflects a deterioration in the terms of 4. GNP is a measure of goods and services produced by labor and property supplied by U.S. residents. It is equal to GDP plus income receipts from the rest of the world less income payments to the rest of the world. Table 4. Relation of Real Gross Domestic Product, Real Gross National Product, and Real Command-Basis Gross National Product trade.5 The national saving rate, which is measured as gross saving as a percentage of GNP, was unchanged at 15.5 percent. It had decreased in the six preceding quarters from a peak of 18.5 percent in the third quarter of 2000. 5. In the estimates of command-basis GNP, the current-dollar value of the sum of exports of goods and services and income receipts is deflated by the implicit price deflator (IPD) for the sum of imports of goods and services and income payments. The terms of trade is a measure of the relationship between the prices that are received by U.S. producers for exports of goods and services and the prices that are paid by U.S. purchasers for imports of goods and services. It is measured by the following ratio, with the decimal point shifted two places to the right: In the numerator, the IPD for the sum of exports of goods and services and of income receipts; in the denominator, the IPD for the sum of imports of goods and services and of income payments. Changes in the terms of trade reflect the interaction of several factors, including movements in exchange rates, changes in the composition of the traded goods and services, and changes in producers' profit margins. For example, if the U.S. dollar depreciates against a foreign currency, a foreign manufacturer may choose to absorb this cost by reducing the profit margin on the product it sells to the United States, or it may choose to raise the price of the product and risk a loss in market share. [Seasonally adjusted at annual rates] Billions of chained (1996) dollars Real Gross National Product Percent change fr preceding quarte r Change from preceding quarter Level Percent 10 2001 2002 Grass domestic product Plus: Income receipts from the rest of the work) Less: Income payments to the rest of the work). II III 9,392.4 -6.7 2002 IV I 62.4 114.4 251.8 -27.9 -30.7 268.2 2001 2002 II III IV I II 29.2 -03 27 50 1.3 -4.6 9.0 -31.8 -37.4 -7.2 15.7 -9.9 -51.8 26.1 29.0 -13.6 -58.1 58.7 58.2 Equals: Gross national product.... 9,376.7 -24.5 3.7 3.7 0.4 9.2 83.7 84.0 Less: Exports ol goods and services and income receipts from the rest of the world 1,311.9 -80.0 -59.4 3.3 43.9 -20.9 -16.8 1.1 14.6 Plus: Command-basis exports of goods and services and income receipts from the rest of the world' 1 345 6 -34 0 -85 3 63 24 4 -92 -22 2 1 9 76 Equals: Command-basis gross national product 9,410.3 21.5 57.8 102.6 3.6 -1.7 Addendum: Terms ot trade' 86.9 -10.3 0.2 -1.6 -1.1 0.9 2.5 3.8 -0.4 14.9 -6.3 0.8 -6.0 • Real GNP Real GNP on a command basis I 1099 1. Exports of goods and services and income receipts deflated by the implicit price deflator tor imports ot goods and services and income payments. 2. Ratio of the implicit price deflator for exports of goods and services and income receipts to the corresponding Implicit price deflator for imports divided by 100. NOTE. See note to table 1 for an explanation of chained (1996) dollar series. Levels of these series are shown in NIPAtables1.10and1.11. ] I 2000 I'l I I II. I 1 2001 I I I 2002 o M change at amurfiMtornfmcedkig quartan based on aaaaonapy adfu*M epflrMM. U.S.Bur«wo<Econon*;Anai»afe October 2002 SURVEY OF CURRENT BUSINESS Corporate Profits foreign corporations were only partly offset by increased receipts from foreign affiliates of U.S. corporations. Profits of domestic financial corporations decreased $2.5 billion after increasing substantially in the first quarter. The second-quarter drop was accounted for by securities and commodities brokers, regulated investment trusts, and federally sponsored credit agencies. The first-quarter increase was mainly accounted for by real estate investment trusts and credit agencies. In contrast to the decreases in rest-of-world and domestic financial profits, profits of domestic nonfinancial corporations increased $6.9 billion—a modest rise, but twice as big as the one in the first-quarter. Both increases reflected increases in output; unit profits were unchanged.8 Cash flow from current production, a profits-related measure of internally generated funds available for investment, decreased $12.6 billion after decreasing $36.3 billion.9 The ratio of cash flow to nonresidential Profits from current production decreased $12.6 billion (or 1.6 percent at a quarterly rate) in the second quarter after decreasing a similar amount in the first (table 5).6 The revised second-quarter estimate is $0.8 billion more than the preliminary estimate released last month. A $6.3 billion upward revision to profits of domestic nonfinancial corporations was largely offset by downward revisions to profits of domestic financial corporations and to profits from the rest of the world. Profits from the rest of the world decreased $16.9 billion, about half as much as in the first quarter.7 In both quarters, increased payments by U.S. affiliates of 6. This measure of profits is "from current production'* because it excludes nonoperating items, such as special charges and capital gains and losses. Profits from current production is estimated as the sum of profits before tax, the inventory valuation adjustment, and the capital consumption adjustment; it is shown in NIPA tables 1.9, 1.14, 1.16, and 6.16C (see "Selected NIPA Tables") as corporate profits with inventory valuation and capital consumption adjustments. Percent changes in profits are shown at quarterly, not annual, rates. 7. Profits from the rest of the world is calculated as (1) receipts by U.S. residents of earnings from their foreign affiliates plus dividends received by U.S. residents from unaffiliated foreign corporations minus (2) payments by U.S. affiliates of earnings to their foreign parents plus dividends paid by U.S. corporations to unaffiliated foreign residents. These estimates include capital consumption adjustments (but not inventory valuation adjustments) and are derived from BEA's international transactions accounts. 8. "Output" here is nonfinancial corporate gross product. It is a measure of the contribution, or value added, of nonfinancial corporations to the Nation's output, and it is measured as the sum of incomes generated by these businesses. 9. Cash flow from current production is undistributed profits with inventory valuation and capital consumption adjustments plus the consumption of fixed capital. Table 5. Corporate Profits [Seasonally adjusted] Billions of dollars (annual rate) Percent change (quarterly rate) Level Change from preceding quarter 2002 2001 Profits from current production. Domestic industries Financial Nonfinancial Rest of the world Receipts (inflows) Payments (outflows) IVA CCAdj Profits before tax Profits tax liability Profits after tax •. 2001 2002 IV 785.0 669.9 210.7 459.3 115.1 173.4 58.3 -34.2 -15.6 -25.5 9.9 -18.6 -11.2 7.3 124.2 101.4 55.5 46.0 22.9 -11.1 -33.8 -13.8 18.9 15.4 3.4 -32.7 5.3 37.9 -12.6 4.3 -2.5 6.9 -16.9 12.0 28.9 -4.7 -2.8 -15.2 2.5 -11.6 -6.3 40.6 18.1 18.6 39.0 11.4 16.1 -6.6 -133.6 -1.7 2.9 7.8 \ 0.8 -19.8 3.4 444.9 -1.6 0.7 -1.2 1.5 -12.8 7.4 98.3 -5.7 132.8 657.9 213.7 444.3 15.1 16.6 -65.9 -16.9 -49.0 18.3 161.2 -55.2 -25.6 -29.6 -25.3 -28.8 40.3 31.8 8.5 -7.6 -23.5 18.5 11.3 7.3 -9.1 -7.9 -9.7 -8.4 -13.1 -6.5 6.7 18.6 2.0 2.9 5.6 1.7 IV I 2002 I II Profits from current production less tax liability. 571.3 -17.4 149.9 -45.6 -23.9 -3.4 30.5 -7.1 -4.0 Cash flow from current production 966.7 40.9 100.5 -36.3 -12.6 4.7 11.0 -3.6 -1.3 Domestic industry profits: Corporate profits of domestic industries with IVA.. Financial Nonfinancial Manufacturing Transportation and public utilities Wholesale trade Retail trade Other 537.1 218.5 318.6 91.9 17.1 44.8 86.0 78.9 -32.2 -28.9 -3.3 -8.1 -1.0 4.9 4.8 -4.1 -59.8 37.4 -97.2 -40.2 -26.8 1.0 -2.1 -29.0 47.7 18.1 29.6 18.0 8.5 -5.7 0.9 7.9 27.8 0.3 27.5 23.0 2.1 3.6 4.6 -5.7 -5.8 -15.1 -0.9 -8.2 -2.9 12.1 6.2 -3.7 -11.5 23.0 -27.1 -44.2 -80.6 2.2 -2.5 -27.4 10.3 9.0 11.3 35.4 132.3 -12.2 1.1 10.3 5.5 0.2 9.4 33.4 13.8 8.6 5.6. -6.8 -0.002 -O.002 0 0 -0.001 -0.002 0.001 0 Dollars Unit price, costs, and profits of nonfinancial corporations: Unit price Unit labor cost Unit nonlabor cost Unit profits from current production 1.055 0.693 0.274 0.088 0.006 -0.002 0.005 0.002 NOTE. Levels of these and other profits series are shown in NIPA tables 1.14,1.16,6.16C, and 7.15. IVA Inventory valuation adjustment CCAdj Capital consumption adjustment -0.009 -0.013 -0.003 0.008 Business Situation fixed investment, an indicator of the share of the current level of investment that could be financed by internally generated funds, slipped from 86.9 percent to 86.6 percent. (During the expansion of the 1990s, the ratio averaged 82.2 percent.) Profits with inventory valuation adjustment (IVA). The current-production measure of profits is not available at the detailed industry level, because estimates of the capital consumption adjustment (CCAdj) do not exist at this level. (CCAdj is only available for total financial and total nonfinancial industries.) Consequently, industry profits are best measured by profits with IVA. For nonfinancial industries, the increase in profits with IVA was dominated by manufacturing; much smaller increases were posted by retail and wholesale trade and by the transportation and public utility group (chart 3). Within manufacturing, increases were widespread; the largest were posted by motor vehicles, October 2002 electronic equipment, and "other nondurable goods."10 An increase in petroleum profits was modest but noteworthy because it came after five consecutive decreases. Profits before tax and related measures. Profits before tax (PBT) increased $18.5 billion. This increase in PBT differs from the decrease in profits from current production because PBT is based on inventory and depreciation practices used in tax accounting, whereas the current-production measure is based on depreciation of fixed assets and inventory withdrawals valued at current cost. In the second quarter, most of the difference between the change in PBT and the change in the current-production measure was accounted for by a drop in the capital consumption adjustment. 10. "Other nondurable-goods" manufacturing includes the tobacco, textile, apparel, paper, printing, rubber, and leather industries. Corporate Profits with Inventory Valuation Adjustment: Change from 2002:1 to 2002:11 Rest of World Domestic Nonfinancial 8 and public unities. 1. Also indue 2. "Oner" nonfinandaJ corporations includes the agriculture, mining, construction, and services industries, along with some activities Included in the finance, insurance, and real estate" group. Nota-Based on seasonally adjusted estimates. U.S. Bureau of Economic Analysis October 2002 Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade, 1998:IV-2002:ll The real inventories, sales, and inventory-sales ratios have been revised beginning with 1999 to incorporate the results of the recent annual revision of the national income and product accounts (NIPA's).1 Tables 1, 2, and 3 show quarterly and monthly estimates of real inventories, sales, and inventory-sales ratios, respectively. Table 4 shows real manufacturing inventories by stage of fabrication. Real estimates are in chained (1996) dollars. beginning with 1997:IV on the basis of the North American Industry Classification System are available as downloadable files on BEA's Web site at <www.bea.gov>; click on "GDP and related data" and look under "Supplementary estimates, historical underlying detail," and click on "Change in private inventories." The most recent estimates are also available by subscription from BEA: On diskette as part of the NIPA monthly update (product number NDS-0171, price $204.00) and as separate monthly printouts (product number NLS-0166, price $108.00). To order, call the BEA Order Desk at 1-800-704-0415 (outside the United States, call 202-606-9666). Data availability Estimates for 1967:1 to 1997:IV on the basis of the Standard Industrial Classification system and estimates 1. See Eugene P. Seskin and Stephanie H. McCulla, "Annual Revision of the National Income and Product Accounts: Annual Estimates, 1999-2001, and Quarterly Estimates, 1999:1-2002:1," SURVEY OF CURRENT BUSINESS 82 (August 2002): 7-34. Table 1B. Real Manufacturing and Trade Inventories, Seasonally Adjusted, End of Period [Billions of chained (1996) dollars] 1999 1998 2000 III Manufacturing and trade industries IV I 467.9 471.5 478.3 482.0 488.3 491.8 495.8 295.4 9.1 9.4 24.1 32.7 39.7 294.5 9.2 9.4 24.2 32.6 39.2 296.6 9.0 9.6 24.2 33.0 39.1 300.5 9.4 9.8 24.7 33.5 39.6 303.3 9.4 9.7 24.9 33.6 39.7 308.3 9.3 9.8 25.1 34.3 40.3 311.2 9.2 9.8 24.8 34.6 40.9 316.8 9.4 10.0 24.3 34.6 42.0 61.6 63.5 64.0 65.0 66.2 67.2 71.2 73.2 14.7 74.5 7.4 16.4 14.6 74.5 7.5 16.6 14.7 73.2 7.6 16.8 14.8 73.8 7.6 17.0 14.7 74.3 7.7 17.1 14.7 75.2 7.9 17.3 15.0 74.5 8.1 17.4 15.3 74.1 8.2 17.9 15.5 73.7 8.0 17.8 Nondurable goods industries Food manufacturing Beverage and tobacco product manufacturing Textile mills Textile product mills Apparel manufacturing Leather and allied product manufacturing Paper manufacturing Printing and related support activities Petroleum and coal product manufacturing... Chemical manufacturing Plastics and rubber product manufacturing... 171.1 34.9 12.1 7.4 4.1 9.0 1.7 16.7 6.7 12.1 ' 49.0 17.2 35.2 11.9 7.3 4.2 9.0 1.6 16.9 6.8 12.1 49.6 17.4 173.4 35.4 11.9 7.4 4.3 9.2 1.6 16.9 6.9 11.3 50.7 17.5 174.8 36.1 11.5 7.4 4.4 9.6 1.6 17.1 6.8 11.6 50.5 17.7 177.7 36.8 11.9 7.6 4.5 9.7 1.7 17.0 7.0 11.9 51.7 17.7 178.7 37.7 12.0 7.4 4.6 9.7 1.7 17.3 7.2 11.9 51.4 17.6 180.0 37.4 12.1 7.4 4.9 9.7 1.6 17.4 7.0 12.1 52.2 18.0 180.5 37.2 12.2 7.2 5.0 9.9 1.6 17.2 7.0 11.8 53.1 17.9 179.1 37.0 11.9 7.1 5.1 10.2 1.6 16.7 6.9 11.5 53.2 17.8 Merchant wholesale industries 288.0 292.1 293.2 297.9 305.0 309.7 314.9 317.9 321.8 Durable goods industries 183.7 104.3 186.4 105.7 188.2 105.0 190.7 107.2 196.1 108.9 198.7 111.0 203.8 111.2 204.7 113.2 115.4 354.4 361.1 365.1 370.3 380.0 381.9 390.0 109.1 113.6 115.1 118.6 122.7 123.8 128.6 131.4 134.4 29.6 29.6 30.4 38.5 29.8 30.7 61.9 71.0 39.2 29.9 31.5 61.6 71.8 39.0 30.0 32.4 62.6 73.0 Retail trade industries 464.0 Motor vehicle and parts dealers 28.7 27.1 28.0 27.6 26.5 26.4 Furniture and home furnishings, electronics, and appliance stores 37.7 35.7 Building materials, garden equipment and 37.3 36.3 36.0 35.2 30.2 28.9 supply stores 30.2 29.7 29.1 28.6 30.1 29.6 Food and beverage stores 30.2 29.3 30.0 29.1 61.5 59.5 Clothing and accessory stores 61.5 60.1 59.6 59.0 70.0 67.1 General merchandise stores 68.6 68.1 66.8 Other retail stores ' Preliminary. \ NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS). Jan. Apr. Feb. May July" 1,106.3 1,120.9 1,126.4 1,139.9 1,163.5 1,173.8 1,193.5 1,204.7 1,219.! 1,208.4 1,191.9 1,175.7 1,149.5 1,141.2 1,141.4 1,148.9 1,145.1 1,141.2 1,138.7 1,139.2 1,141.4 292.8 8.9 9.5 24.1 32.6 39.4 Nondurable goods industries 2002 IV Durable goods industries Wood product manufacturing Nonmetallic mineral product manufacturing.. Primary metal manufacturing Fabricated metal product manufacturing Machinery manufacturing Computer and electronic product manufacturing Electrical equipment, appliance, and component manufacturing Transportation equipment manufacturing Furniture and related product manufacturing. Miscellaneous manufacturing Manufacturing industries 2002 2001 III 1,145.6 480.7 469.7 459.6 451.7 448.1 457.5 454.9 451.7 450.9 449.1 448.1 447.4 313.6 9.2 9.9 23.8 34.2 42.3 305.8 9.2 9.7 22.7 33.2 41.2 295.5 9.0 9.4 22.2 32.8 40.1 286.7 8.5 9.1 21.6 31.6 38.8 280.: 9.0 8.9 20.9 31.2 38.0 276.5 8.7 9.0 20.6 30.4 36.9 285.1 8.7 9.0 21.3 31.5 38.3 283.3 8.8 8.9 21.2 31.2 38.1 280.3 9.0 8.9 20.9 31.2 38.0 279. 8.9 8.9 20.8 31.0 37.5 278.1 8.9 8.9 20.5 30.7 37.3 276. 8.7 9.0 20.6 30.4 36.9 275.4 8.6 9.0 20.5 30.4 36.8 78.1 74.9 68.8 63.4 62.1 65.2 64.2 63.4 63.7 63.2 15.5 72.3 7.9 17.7 15.1 71.7 7.6 17.6 14.6 70.8 7.2 17.4 14.3 70.2 6.7 17.4 14.1 67.7 6.6 17.4 13.9 67.1 6.6 17.9 14.2 69.5 6.7 17.4 14.1 69.4 6.6 17.4 14.1 67.7 6.6 17.4 14.0 67.4 6.6 17.6 14.0 67.1 6.6 17.7 13.9 67.1 6.6 17.9 13.9 66.1 6.7 17.9 175.0 36.8 11.9 6.8 4.8 9.8 1.5 16.2 6.5 11.7 51.9 16.9 174.1 36.7 12.0 6.6 4.7 9.3 1.5 16.2 6.3 11.8 51.8 16.9 172.8 36.9 11.9 6.3 4.6 8.8 1.4 16.4 6.1 11.8 51.5 16.7 171.3 36.6 12.1 6.1 4.5 8.2 1.3 16.3 5.8 12.0 51.2 16.9 171.5 37.1 12.1 5.9 4.7 8.0 1.3 16.2 6.0 11.8 51.0 17.0 172.2 36.9 11.9 6.1 4.6 8.6 1.4 16.3 6.2 11.5 51.5 16.8 171.5 36.7 11.9 6.1 4.6 8.4 1.3 16.3 5.9 11.7 51.5 16.8 171.3 36.6 1.2.1 6.1 4.5 8.2 1.3 16.3 5.8 12.0 51.2 16.9 171.3 36.8 11.9 5.9 4.6 8.1 1.3 16.1 5.9 12.0 51.3 17.0 171.0 37.0 11.9 5.9 4.7 8.0 1.3 16.1 5.9 11.8 51.1 17.0 171.5 37.1 12.1 5.9 4.7 8.0 1.3 16.2 6.0 11.8 51.0 17.0 171.9 37.0 11.9 5.8 4.7 8.0 1.4 16.1 6.1 12.0 51.3 17.1 36.6 12.0 6.9 4.9 10.1 1.6 16.4 6.8 11.7 52.8 17.5 318.8 314.3 308.5 304.4 302.3 307.6 304.9 304.4 301.7 301.7 205.3 115.1 199.4 118.9 194.2 119.5 187.7 119.9 184.0 119.4 182.1 119.2 186.7 119.9 184.9 119.1 184.0 119.4 182.7 118.1 182.1 118.5 396.6 392.3 391.5 381.3 384.7 390.2 383.6 384.8 384.7 385.6 127.9 127.6 118.9 122.4 126.3 120.4 122.0 122.4 123.3 124.3 30.1 29.6 29.6 30.0 30.9 31.6 30.6 30.7 30.9 31.0 38.9 30.3 32.1 63.9 38.5 30.3 31.3 63.5 71.3 38.2 30.3 31.3 62.9 71.7 38.0 30.5 29.8 62.1 71.7 39.0 30.0 29.9 61.1 71.6 38.9 30.1 30.7 61.1 71.9 38.3 30.3 30.7 61.4 71.9 38.4 30.2 30.0 61.5 71.9 39.0 30.0 29.9 61.1 71.6 39.0 30.0 30.2 61.0 71.2 62.4 303.7 182.1 119.2 182.8 119.8 390.2 393.8 126.3 128.7 31.5 31.6 31.8 38.9 30.1 30.2 61.3 71.5 38.9 30.1 30.7 61.1 71.9 38.7 30.0 30.8 61.8 72.2 Chained (1996) dollar inventory series are calculated to ensure that the chained (1996) dollar change in inventories for 1996 equals the current-dollar change in inventories for 1996 and that the average of the 1995 and 1996 end-of-year chainweighted and fixed-weighted inventories are equal. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. October 2002 Real Inventory-Sales Ratios Table 2B. Real Manufacturing and Trade Sales, Seasonally Adjusted at Monthly Rate [Billions of chained (1996) dollars] 1999 1998 Manufacturing and trade industries... Manufacturing industries Durable goods industries Wood product manufacturing Nqnmetallic mineral product manufacturing Primary metal manufacturing Fabricated metal product manufacturing Machinery manufacturing Computer and electronic product manufacturing Electrical equipment, appliance, and component manufacturing Transportation equipment manufacturing Furniture and related product manufacturing Miscellaneous manufacturing Nondurable goods industries Food manufacturing Beverage and tobacco product manufacturing... Textile mills Textile product mills Apparel manufacturing Leather and allied product manufacturing Paper manufacturing Printing and related support activities Petroleum and coal product manufacturing Chemical manufacturing Plastics and rubber product manufacturing Merchant wholesale industries.. Apr. May 857.0 856.2 859.3 867.3 324.7 328.7 329.7 326.6 331.2 183.2 7.5 6.8 11.7 19.5 21.8 41.6 184.2 7.5 7.2 12.0 19.7 21.3 43.1 189.5 7.5 7.8 12.4 20.3 21.5 42.2 188.9 7.4 7.9 12.3 20.1 22.3 42.3 186.0 7.5 7.8 12.0 20.1 21.7 41.5 192.2 7.5 7.8 12.1 20.4 22.1 42.8 9.0 53.3 5.3 9.3 8.7 51.2 5.1 9.2 9.0 50.3 5.1 9.3 53.6 5.3 9.5 9.3 52.2 5.2 9.7 9.0 51.4 5.2 9.5 9.2 55.0 5.3 9.8 139.8 37.4 6.6 3.9 3.1 4.7 0.7 12.2 7.5 16.0 33.6 14.6 143.6 38.1 7.0 3.6 2.7 4.7 0.6 12.0 7.6 19.5 33.6 14.5 138.1 37.5 6.5 3.7 2.9 4.6 0.6 11.4 7.3 17.9 31.8 14.2 140.0 37.4 7.0 3.7 2.9 4.5 0.5 11.8 7.6 18.0 32.6 14.2 138.9 37.4 6.4 4.1 3.1 4.7 0.7 12.1 7.6 15.8 32.8 14.7 140.5 37.7 6.8 3.9 3.1 4.7 0.6 12.4 7.5 16.1 33.4 14.6 140.1 37.0 6.5 3.7 3.0 4.7 0.7 12.2 7.5 16.2 34.5 14.5 138.9 37.2 6.5 4.0 3.0 4.8 0.7 12.2 7.5 16.4 32.3 14.7 241.5 243.3 241.6 242.5 240.3 243.1 242.6 244.3 244.6 129.6 131.9 129.4 111.8 130.2 111.9 129. 110.8 131.5 111.3 131.9 110.6 132.3 132.4 292.2 291.5 293.9 290.5 292.5 291.4 293.6 291.6 296.4 300.1 78.7 73.0 74:0 72.6 73.6 72.8 74. 72.: 806.3 814.8 824.7 837.6 846.8 849.6 850.4 849.0 847.2 837.2 337.6 342.2 342.6 345.1 347.8 351.5 352.4 348.5 344.5 338.3 329.4 325.0 325.4 326.4 328.3 332.9 321.8 195.7 7.8 7.6 13.9 20.8 22.1 43.8 198.3 7.8 7.7 14.1 20.8 21.8 45.0 200.1 7.8 7.6 14.1 20.9 22.1 47.0 202.2 7.7 7.7 14.2 20.9 22.5 48.6 202.8 7.9 7.8 14.3 21.3 22.8 48.2 206.7 8.2 7.6 14.3 21.7 23.5 51.5 207.9 7.7 7.5 13.9 22.0 23.7 53.8 7.6 7.5 13.5 21.8 24.1 54.7 201.1 7.5 7.2 13.0 21.3 23.6 54.8 195.6 7.3 6.9 12.6 20.7 24.0 51.7 190.4 7.4 7.0 12.4 20.3 22.9 45.8 185.5 7.5 6.9 12.2 20.2 22.3 42.1 183.8 7.5 6.8 11.9 20.0 21.2 42.3 185.4 7.5 7.0 11.9 19.8 21.6 42.7 188.1 7.5 7.8 12.2 20.2 21.8 42.0 188.7 7.6 7.0 12.1 20.1 21.7 43.5 9.7 55.8 5.7 8.7 9.8 57.1 5.8 9.0 10.0 56.8 5.8 8.9 10.1 56.8 5.8 10.0 56.3 5.8 9.0 10.4 55.8 5.9 10.3 54.9 6.1 9.3 10.4 51.9 6.0 9.4 10.5 49.5 5.9 9.5 10.5 48.2 5.7 9.4 10.3 49.9 5.4 9.3 9.6 49.9 5.3 9.3 9.2 50.6 5.2 9.2 8.9 51.6 5.2 9.3 9.2 52.4 5.2 9.6 36.4 7.6 4.7 2.6 5.1 0.8 13.2 8.2 15.2 34.1 14.0 143.9 36.6 7.5 4.7 2.6 5.2 0.8 13.3 8.3 16.5 34.4 14.4 142.6 36.6 7.4 4.7 2.7 5.2 0.8 13.0 8.2 15.1 34.7 14.3 143.0 36.6 7.3 4.7 2.7 5.1 0.8 13.5 8.3 15.1 34.7 145.1 36.8 7.3 4.8 2.7 5.1 0.8 13.6 8.4 16.0 35.0 14.8 145.0 36.2 7.5 4.6 2.7 5.3 0.8 13.6 8.4 16.4 35.0 14.7 144.8 36.8 7.5 4.6 2.7 5.3 0.8 13.3 8.5 15.1 35.7 15.1 143.5 37.0 7.4 4.6 2.7 5.3 0.8 13.0 8.4 14.8 35. 14.7 143.4 37.1 7.4 4.4 2.6 5.4 0.8 12.8 8.2 15.6 35.4 14.4 142.5 37.2 7.2 4.2 2.7 5.4 0.8 12.5 8.2 16.1 34.7 14.2 138.8 37.0 7.3 4.1 2.7 5.2 0.7 12.2 7.9 14.7 33.7 14.1 139.1 37.1 7.3 4.0 2.7 5.0 0.7 12.1 7.7 15.1 33.7 14.4 141.0 37.6 7.2 3.8 2.7 5.0 0.7 11.9 7.6 17.3 33.4 14.2 140.6 37.7 6.8 3.7 2.8 4.6 0.6 11.7 7.5 18.5 32.7 14.3 216.2 221.1 225.8 229.Q 234.1 234.9 237.4 239.3 240.8 240.3 235.6 237.4 238.2 126.3 102.9 129.8 131.0 104.3 132.8 105.0 133; 106.0 133.8 101.7 123.1 102.7 132.7 107.8 130.7 105.: 130.0 107.4 109.8 248.3 251.9 256.6 261.8 267.6 266.5 269.9 270.9 275.3 278.6 280.1 68.6 72.0 69.2 69.9 68.4 69.9 71.7 241.9 Motor vehicle and parts dealers Furniture and home furnishings, electronics, and appliance stores Building materials, garden equipment and supply stores Food and beverage stores Clothing and accessory stores General merchandise stores Other retail stores 2002 791.3 Durable goods industries Nondurable goods industriesRetail trade Industries.. 2002 2001 2000 July" 63.0 66.5 17.5 19.1 20.2 21.0 22.1 22.7 23.1 23.1 23.9 24.6 25.6 27.2 28.3 29.0 27.9 28.3 28.8 28.8 29.0 29.1 29.0 22.6 35.3 14.7 34.3 60.2 22.7 35.5 14.7 34.9 61.0 23.8 35. 14.9 35.6 63.1 24.5 35.4 15.2 36.1 63.8 23.9 36.0 15.5 36.7 64.1 24.4 35.; 15.8 37, 65. 24.8 35.9 15.9 38.2 25.7 36.3 16.0 38.6 66.8 26.5 36.3 16.0 39.3 26.2 36.: 15.8 40.1 67.5 26.6 36.0 16.2 41.2 69.1 27. 36.0 16.9 42.4 71.4 27.8 36.1 16.8 42.9 71.1 27.0 36.1 16.9 42.1 71.4 27.2 36.0 17.0 42.5 71.5 27.3 36.0 16.8 42.5 71.1 27.8 35.8 16.8 42.9 71.0 27.6 36. 16.5 42; 71.3 28.0 36.3 17.0 43.2 71.1 27.9 36.2 17.0 43.4 72.0 22.2 35.0 13.9 32.! 58.: 22.6 35.0 14.3 33.9 60.0 p Preliminary. NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS). 78.3 Chained (1996) dollar sales are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. Table 3B. Real Inventory-Sales Ratios for Manufacturing and Trade, Seasonally Adjusted [Ratio, based on chained (1996) dollars] 1998 1999 2001 2000 2002 2002 Apr. Feb. Manufacturing and trade industries 1.40 1.45 1.41 1.38 1.37 1.37 1.41 1.39 1.37 1.36 1.37 1.35 1.47 1.18 1.25 1.70 1.58 1.74 1.48 1.18 1.25 1.72 1.57 1.74 1.47 1.15 1.27 1.75 1.55 1.69 1.48 1.21 1.30 1.81 1.56 1.70 1.52 1.22 1.32 1.84 1.59 1.70 1.58 1.25 1.39 1.87 1.63 1.78 1.60 1.27 1.42 1.89 1.65 1.77 1.61 1.24 1.37 1.84 1.64 1.80 1.59 1.21 1.37 1.81 1.62 1.56 1.13 1.34 1.81 1.58 1.83 1.51 1.19 1.27 1.75 1.58 1.76 1.47 1.17 1.15 1.69 1.51 1.69 1.51 1.15 1.28 1.77 1.57 1.76 1.55 1.17 1.30 1.80 1.60 1.75 1.52 1.20 1.25 1.74 1.59 1.78 1.48 1.19 1.15 1.68 1.53 1.75 1.47 1.21 1.13 1.67 1.52 1.67 1.49 1.17 1.15 1.71 1.51 1.70 1.43 1.15 1.15 1.69 1.49 1.67 1.36 1.34 1.37 1.31 1.50 1.54 1.47 1.48 1.29 1.30 1.89 1.46 1.30 1.30 1.94 1.47 1.32 1.33 1.90 1.42 1.35 1.34 1.95 1.45 1.36 1.33 1.88 1.47 1.43 1.36 1.90 1.47 1.49 1.37 1.87 1.48 1.50 1.38 1.89 1.46 1.44 1.41 1.88 1.52 1.42 1.37 1.88 1.55 1.39 1.31 1.90 1.57 1.31 1.27 1.88 1.52 1.28 1.27 1.58 1.30 1.26 1.87 1.62 1.36 1.30 1.89 1.55 1.35 1.29 1.87 1.51 1.26 1.24 1.85 1.51 1.29 1.26 1.83 1.54 1.31 1.28 1.89 1.52 1.20 1.26 1.83 1.22 0.97 1.59 1.56 1.62 1.79 2.08 1.29 0.84 0.75 1.46 1.23 1.22 0.99 1.58 1.59 1.62 1.89 2.04 1.27 0.82 0.77 1.46 1.24 1.23 1.00 1.63 1.59 1.64 1.88 2.04 1.25 0.84 0.74 1.48 1.20 1.23 1.04 1.61 1.60 1.68 1.81 2.08 1.27 0.85 0.73 1.47 1.19 1.24 1.02 1.62 1.58 1.81 1.82 1.98 1.31 0.82 0.80 1.46 1.19 1.26 1.01 1.66 1.57 1.89 1.87 2.06 1.32 0.84 0.80 1.49 1.22 1.25 1.00 1.61 1.60 1.96 1.88 2.04 1.31 0.84 0.74 1.50 1.24 1.25 0.99 1.66 1.64 1.85 1.87 2.05 1.32 0.84 0.73 1.52 1.23 1.26 1.00 1.63 1.67 1.80 1.89 2.07 1.33 0.83 0.80 1.54 1.20 1.25 0.99 1.65 1.66 1.72 1.87 2.22 1.34 0.82 0.79 1.54 1.18 1.23 0.98 1.66 1.66 1.70 1.74 2.12 1.38 0.80 0.68 1.54 1.18 1.22 0.97 1.76 1.65 1.60 1.79 2.26 1.39 0.78 0.65 1.57 1.18 1.23 0.99 1.84 1.50 1.54 1.71 2.01 1.33 0.80 0.74 1.52 1.17 1.20 0.97 1.71 1.69 1.68 1.83 2.28 1.36 0.82 0.59 1.53 1.16 1.24 0.98 1.81 1.66 1.58 1.83 2.25 1.43 0.81 0.65 1.62 1.18 1.22 0.98 1.73 1.63 1.56 1.83 2.43 1.38 0.77 0.67 1.57 1.19 1.23 0.98 1.85 1.46 1.49 1.74 1.93 1.34 0.78 0.76 1.56 1.16 1.22 0.98 1.76 1.52 1.53 1.70 2.05 1.30 0.79 0.73 1.53 1.16 1.22 1.00 1.85 1.56 1.57 1.71 1.96 1.33 0.81 0.73 1.48 1.18 1.24 1.00 1.82 1.45 1.60 1.66 2.02 1.33 0,81 0.73 1.59 1.16 1.32 1.30 1.30 1.30 1.32 1.33 1.33 1.34 1.33 1.35 1.32 1.30 1.26 1.24 1.27 1.26 1.27 1.24 1.24 1.24 1.24 1.56 1.04 1.53 1.02 1.51 1.04 1.51 1.04 1.52 1.07 1.54 1.06 1.53 1.07 1.54 1.08 1.55 1.07 1.53 1.13 1.49 1.11 1.47 1.09 1.42 1.07 1.38 1.07 1.44 1.07 1.42 1.06 1.42 1.08 1.39 1.06 1.38 1.07 1.38 1.07 1.38 1.07 1.46 1.45 1.45 1.43 1.46 1.46 1.48 1.44 1.41 1.40 1.31 1.32 1.33 1.32 1.32 1.31 1.33 1.32 1.31 1.76 1.73 1.73 1.79 1.72 1.86 1.97 1.85 1.79 1.79 1.51 1.68 1.66 1.66 1.68 1.66 1.72 1.45 1.42 1.37 1.34 1.30 1.30 1.28 1.32 1.26 1.21 1.10 1.09 1.09 1.10 1.09 1.07 1.08 1.09 1.08 1.10 1.58 0.83 2.06 1.75 1.12 1.59 0.82 2.05 1.74 1.13 1.60 0.84 1.98 1.72 1.13 1.57 0.84 2.03 1.73 1.11 1.54 0.85 1.99 1.70 1.10 1.61 0.83 1.98 1.69 1.11 1.61 0.84 1.57 0.84 2.04 1.64 1.10 1.51 0.83 2.01 1.66 1.08 1.45 0.84 1.95 1.62 1.07 1.43 0.85 1.84 1.51 1.04 1.44 0.83 1.77 1.44 1.00 1.40 0.83 1.83 1.42 1.01 1.42 0.84 1.81 1.46 1.01 1.42 0.84 1.77 1.45 1.01 1.43 0.84 1.78 1.44 1.01 1.40 0.84 1.79 1.42 1.00 1.41 0.83 1.83 1.44 1.00 1.39 0.83 1.80 1.41 1.01 1.39 0.83 1.81 1.42 1.00 1.49 1.30 1.28 1.85 Nondurable goods industries Food manufacturing Beverage and tobacco product manufacturing Textile mills Textile product mills Apparel manufacturing Leather and allied product manufacturing Paper manufacturing Printing and related support activities Petroleum and coal product manufacturing.. Chemical manufacturing Plastics and rubber product manufacturing.. 1.21 0.96 1.60 1.58 1.59 1.76 2.09 1.26 0.82 0.80 1.44 1.22 1.20 0.96 •1:57 1.57 1.59 1.73 2.04 1.27 0.82 0.73 1.44 1.21 Motor vehicle and parts dealers Furniture and home furnishings, electronics, and 1.51 appliance stores Building materials, garden equipment and supply 1.59 stores 0.82 Food and beverage stores 2.10 Clothing and accessory stores 1.81 General merchandise stores 1.15 Other retail stores p Preliminary. NOTE. Estimates in this table are based on the North American 1.32 1.46 1.51 1.34 1.29 1.88 1.73 July" 1.33 1.45 1.47 1.17 1.24 1.72 1.56 1.78 Retail trade industries June 1.44 1.49 1.17 1.23 1.71 1.57 1.83 Nondurable goods industries May 1.33 1.33 1.41 1.50 1.14 1.24 1.73 1.56 1.78 1.60 1.03 1.36 1.39 Durable goods industries Wood product manufacturing Nonmetallic mineral product manufacturing. Primary metal manufacturing Fabricated metal product manufacturing Machinery manufacturing Computer and electronic product manufacturing Electrical equipment, appliance, and component manufacturing Transportation equipment manufacturing Furniture and related product manufacturing Miscellaneous manufacturing Durable goods industries 1.41 1.37 1.37 Merchant wholesale industries 1.42 1.38 1.37 Manufacturing industries 1.43 Industry Classification System (NAICS). 1.43 1.64 1.10 1.46 0.84 1.97 1.57 1.06 1.50 1.64 October 2002 SURVEY OF CURRENT BUSINESS Table 4B. Real Manufacturing Inventories, by Stage of Fabrication, Seasonally Adjusted, End of Period [Billions of chained (1996) dollars] 1999 1998 2001 2000 2002 Jan. Feb. Mar. Apr. May June July 158.9 158.8 157.4 156.1 155.3 97.7 3.9 3.3 6.8 12.0 14.8 25.1 97.5 3.8 3.3 6.8 11.8 14.6 25.3 96.4 3.8 3.3 6.7 11.6 14.4 24.7 95.2 3.7 3.3 6.7 11.5 14.2 24,1 94.5 3.6 3.2 6.7 11.5 14.1 23.9 Materials and supplies Durable goods industries Wood product manufacturing Nonmetallic mineral product manufacturing Primary metal manufacturing Fabricated metal product manufacturing Machinery manufacturing Computer and electronic product manufacturing. Electrical equipment, appliance, and component manufacturing Transportation equipment manufacturing Furniture and related product manufacturing Miscellaneous manufacturing Nondurable goods industries Food manufacturing Beverage and tobacco product manufacturing Textile mills Textile product mills Apparel manufacturing Leather and allied product manufacturing Paper manufacturing , Printing and related support activities Petroleum and coal product manufacturing Chemical manufacturing Plastics and rubber product manufacturing 169.6 173.0 175.2 176.3 102.4 4.0 3.4 8.3 12.5 14.6 25.7 102.6 4.0 3.3 8.4 12.4 14.2 27.0 106.3 3.9 3.4 8.4 12.6 14.9 29.5 108.8 3.9 3.4 8.3 12.7 15.4 31.0 111.5 3.9 3.5 8.0 12.8 15.9 32.6 5.8 18.0 3.5 6.2 5.8 18.2 3.6 6.2 5.9 17.6 3.6 6.2 5.8 17.8 3.7 6.2 6.2 17.9 3.8 6.2 65.4 12.0 6.6 2.5 1.5 2.8 0.5 8.6 2.5 3.6 17.4 7.4 66.9 12.5 6.7 2.5 1.5 2.9 0.5 8.5 2.6 3.7 17.9 7.5 66.9 12.6 6.5 2.5 1.5 2.9 0.5 8.6 2.7 3.8 17.9 7.4 66.7 12.3 6.5 2.4 1.7 2.8 0.5 8.5 2.6 3.9 17.9 7.5 66.4 12.3 6.6 2.4 1.8 2.9 0.5 8.4 2.6 3.6 18.0 7.4 163.8 163.8 96.8 3.8 3.2 8.3 12.0 14.0 98.9 4.0 3.3 8.2 11.9 14.6 23.2 98.7 3.8 3.2 8.1 12.0 14.3 23.4 99.5 3.8 3.3 8.1 12.4 14.2 24.0 5.7 17.8 3.5 6.0 5.7 18.1 3.5 6.1 5.7 18.2 3.5 6.1 11.5 7.0 2.5 1.4 2.9 0.5 8.1 2.4 3.6 17.4 7.2 64.8 11.9 6.8 2.4 1.5 2.8 0.5 8.2 2.3 3.7 17.4 7.2 65.1 12.1 6.6 2.5 1.5 2.8 0.5 8.2 2.3 3.5 17.7 7.2 Manufacturing industries 169.8 164.6 160.5 158.9 156.1 159.4 158.9 110.3 3.9 3.5 8.0 12.6 16.1 32.3 106.5 3.9 3.4 7.6 12.1 15.8 30.6 101.9 3.7 3.4 7.3 11.9 15.4 28.2 98.8 3.6 3.3 7.0 11.5 15.4 26.3 97.7 3.9 3.3 6.8 12.0 14.8 25.1 95.2 3.7 3.3 6.7 11.5 14.2 24.1 98.1 3.7 3.3 7.0 11.9 15.1 26.0 97.4 3.8 3.3 6.8 11.8 14.9 6.3 18.5 3.7 6.3 6.3 18.0 3.6 6.2 6.2 17.1 3.5 6.3 5.8 16.7 3.4 6.1 5.6 16.5 3.2 6.1 5.4 16.9 3.2 6.3 5.3 16.6 3.2 6.4 5.5 16.2 3.1 6.1 5.5 16.3 3.2 6.1 5.4 16.9 3.2 6.3 5.4 16.9 3.1 6.3 5.4 16.8 3.2 6.4 5.3 16.6 3.2 6.4 5.3 16.2 3.2 6.4 65.0 12.1 6.3 2.4 1.8 2.9 0.5 8.2 2.5 3.3 17.9 7.2 64.6 12.0 6.2 2.3 1.7 2.8 0.5 8.2 2.5 3.3 17.8 7.2 63.4 11.9 6.4 2.2 1.6 2.6 0.5 8.1 2.3 3.4 17.4 7.1 62.7 11.8 6.4 2.2 1.6 2.5 0.4 8.1 2.0 3.4 17.3 7.1 61.7 11.5 6.3 2.0 1.5 2.3 0.4 8.1 2.0 3.4 17.2 7.0 61.2 11.3 6.3 2.0 1.5 2.2 0.4 8.0 1.8 3.3 17.2 7.2 60.9 11.5 6.2 1.9 1.5 2.2 0.3 8.0 1.9 3.1 17.0 7.2 61.4 11.4 6.3 2.0 1.5 2.3 OA 8.1 2.0 3.0 17.2 7.1 61.6 11.4 6.3 2.0 1.5 2.3 0.4 8.2 1.9 3.2 17.3 7.1 61.2 11.3 6.3 2.0 1.5 2.2 0.4 8.0 1.8 3.3 17.2 7.2 61.3 11.3 6.2 2.0 1.5 2.2 0.4 7.9 1.9 3.3 17.4 7.2 61.0 11.5 6.2 1.9 1.5 2.2 0.3 8.0 1.9 3.2 17.1 7.2 60.9 11.5 6.2 1.9 1.5 2.2 0.3 8.0 1.9 3.1 17.0 7.2 60.8 11.5 6.3 1.9 1.5 2.2 0.3 7.9 2.0 3.1 16.9 7.2 145.4 143.3 139.8 137.9 133.9 130.0 129.0 134.2 133.3 130.0 129.2 129.1 129.0 128.5 1.8 1.3 8.6 10.2 12.6 22.2 116.0 1.8 1.4 8.4 10.1 13.0 24.5 114.6 1.7 1.4 8.0 10.3 12.9 25.2 112.0 1.7 1.3 7.7 10.1 12.4 24.1 109.6 1.7 1.3 7.7 10.0 12.1 22.7 106.3 1.7 1.2 7.4 9.7 11.4 21.5 102.0 1.7 1.2 7.1 9.3 11.1 21.4 100.6 1.8 1.2 6.9 9.2 11.0 21.2 106.2 1.7 1.2 7.3 9.5 11.3 21.8 105.5 1.7 1.2 7.3 9.4 11.3 21.5 102.0 1.7 1.2 7.1 9.3 11.1 21.4 101.3 1.7 1.2 7.1 9.3 11.2 21.2 101.0 1.8 1.2 6.9 9.3 11.1 21.4 100.6 1.8 1.2 6.9 9.2 11.0 21.2 99.9 1.8 1.2 7.0 9.1 10.9 21.4 . Work-in-process 142.4 142.5 141.5 142.0 142.8 144.1 Durable goods industries Wood product manufacturing Nonmetallic mineral product manufacturing Primary metal manufacturing Fabricated metal product manufacturing Machinery manufacturing Computer and electronic product manufacturing. Electrical equipment, appliance, and component manufacturing Transportation equipment manufacturing Furniture and related product manufacturing....... Miscellaneous manufacturing 114.5 1.8 1.3 8.2 9.7 13.1 21.7 113.9 1.7 1.3 8.3 9.6 13.0 21.7 112.4 1.8 1.3 8.4 9.5 12.9 21.7 113.6 1.8 1.4 8.4 9.7 12.9 21.8 113.8 12.7 21.5 115.4 1.9 1.3 8.6 10.1 12.9 21.2 115.8 1.9 1.3 8.8 10.3 12.8 5.0 43.6 1.4 4.0 5.0 43.2 1.4 4.1 5.0 41.9 1.4 4.1 5.0 42.6 1.4 4.2 5.0 42.7 1.4 4.1 4.9 44.0 1.5 4.1 5.1 42.6 1.5 4.2 5.0 42.1 1.6 4.3 5.1 41.6 1.5 4.2 5.1 40.3 1.5 4.2 4.9 40.1 1.4 4.2 4.7 39.8 1.3 4.2 4.6 39.3 1.2 4.2 4.5 36.7 1.2 4.1 4.4 35.8 1.2 4.1 4.5 39.3 1.3 4.2 4.5 39.1 1.2 4.2 4.5 36.7 1.2 4.1 4.5 36.1 1.2 4.1 35.8 1.3 4.1 35.8 1.2 4.1 4.4 35.2 1.2 4.1 Nondurable goods industries .-. Food manufacturing Beverage and tobacco product manufacturing Textile mills Textile product mills Apparel manufacturing Leather and allied product manufacturing Paper manufacturing Printing and related support activities Petroleum and coal product manufacturing Chemical manufacturing Plastics and rubber product manufacturing 27.9 5.3 1.3 1.7 0.9 1.9 0.3 1.6 1.4 2.9 8.2 2.2 28.5 5.4 1.4 1.7 0.9 1.8 0.3 1.7 1.5 2.8 8.5 2.3 29.1 5.4 1.4 1.7 1.0 2.0 0.3 1.7 1.5 2.6 9.1 2.3 28.4 5.4 1.1 1.7 1.0 2.0 0.3 1.7 1.4 2.6 8.8 2.3 29.0 5.5 1.2 1.7 1.0 2.1 0.3 1.7 1.5 2.8 8.9 2.2 28.7 5.6 1.3 1.7 1.0 2.2 0.3 1.7 1.4 2.7 8.6 2.2 29.0 5.6 1.4 1.7 1.0 2.2 0.3 1.7 1.4 2.8 8.6 2.1 29.2 5.6 1.4 1.7 1.1 2.2 0.3 1.7 1.4 2.7 8.9 2.1 29.4 5.7 1.5 1.6 1.0 2.1 0.3 1.6 1.4 2.7 9.2 2.2 28.6 5.6 1.4 1.6 1.0 2.0 0.3 1.6 1.4 2.7 8.8 2.2 27.8 5.5 1.4 1.5 1.0 1.8 0.2 1.6 1.3 2.7 8.5 2.2 28.2 5.5 1.5 1.4 1.0 1.7 0.2 1.6 1.3 2.9 8.9 2.2 27.6 5.5 1.4 1.3 1.0 1.7 0.2 1.6 1.2 2.8 8.7 2.2 27.9 5.4 1.5 1.2 1.0 1.6 0.2 1.6 1.1 3.1 8.9 2.1 28.3 5.4 1.4 1.2 0.9 1.6 0.2 1.6 1.2 3.2 9.2 2.1 27.9 5.5 1.4 1.3 1.0 1.6 0.2 1.6 1.2 2.9 9.0 2.2 27.8 5.5 1.5 1.3 1.0 1.6 0.2 1.5 1.1 2.8 9.1 2.2 27.9 5.4 1.5 1.2 1.0 1.6 0.2 1.6 1.1 3.1 8.9 2.1 27.8 5.4 1.5 1.2 1.0 1.6 0.2 1.6 1.1 3.2 8.8 2.2 28.1 5.4 1.5 1.2 1.0 1.6 0.2 1.6 1.1 3.2 9.0 2.2 28.3 5.4 1.4 1.2 0.9 1.6 0.2 1.6 1.2 3.2 9.2 2.1 28.5 5.4 1.4 1.2 0.9 1.6 0.2 1.6 1.2 3.3 9.3 2.2 174.1 173.0 84.1 3.6 4.7 7.2 10.9 12.6 18.0 81.6 3.2 4.6 7.2 10.4 12.1 17.2 80.6 3.4 4.5 7.0 10.0 12.1 16.8 3.2 4.6 6.9 9.8 11.7 16.7 4.1 15.0 2.2 7.1 4.1 15.6 2.2 7.4 19.8 4.2 2.8 2.1 4.4 0.8 6.7 2.9 5.6 20.1 4.4 2.7 2.3 4.2 0.8 6.6 2.9 5.5 25.1 7.6 24.9 7.7 Manufacturing industries 1.9 1.4 8.7 9.9 Finished goods Manufacturing industries 160.0 161.3 162.6 164.5 170.6 166.2 Durable goods industries ... Wood product manufacturing Nonmetallic mineral product manufacturing Primary metal manufacturing Fabricated metal product manufacturing Machinery manufacturing Computer and electronic product manufacturing. Electrical equipment, appliance, and component manufacturing... Transportation equipment manufacturing Furniture and related product manufacturing Miscellaneous manufacturing 81.5 3.3 4.9 7.7 10.9 12.3 17.7 82.6 3.4 4.9 7.5 11.2 12.2 18.6 83.4 3.6 4.8 7.7 11.1 12.1 18.8 83.5 3.4 5.0 7.7 11.0 12.0 19.3 84.4 3.5 5.1 7.7 11.2 12.4 19.0 4.0 13.3 2.5 6.3 13.4 2.6 6.4 4.0 13.5 2.6 6.6 4.0 13.5 2.7 6.7 3.9 13.7 2.7 Nondurable goods industries Food manufacturing Beverage and tobacco product manufacturing Textile mills Textile product mills Apparel manufacturing Leather and allied product manufacturing Paper manufacturing Printing and related support activities Petroleum and coal product manufacturing Chemical manufacturing Plastics and rubber product manufacturing 78.5 18.0 3.7 3.2 1.8 4.3 0.9 6.9 2.9 5.6 23.5 7.7 78.7 17.9 3.6 3.2 1.8 4.4 0.8 7.0 3.0 5.5 23.6 7.8 79.2 17.9 3.9 3.2 1.9 4.5 0.8 7.0 3.0 5.2 23.8 7.9 80.9 18.7 3.8 3.2 2.0 4.8 0.9 6.9 3.0 5.4 24.3 8.0 81.9 18.8 3.9 3.3 2.0 4.7 0.9 6.9 3.0 5.4 24.9 8.0 162.8 165.1 86.3 3.6 5.0 7.9 11.5 12.5 18.8 88.4 3.5 5.1 7.9 11.7 13.0 20.0 89.5 3.7 5.1 7.8 11.7 13.1 21.4 3.6 5.0 7.8 11.4 13.4 20.6 87.4 3.6 4.9 7.4 11.0 13.0 20.2 13.8 2.8 7.0 2.8 7.1 4.1 14.7 2.8 7.4 4.1 14.1 2.8 7.3 4.2 14.6 2.7 7.3 4.0 15.2 2.6 7.1 4.1 14.9 2.5 7.1 4.2 15.0 2.3 7.1 83.0 19.6 4.2 3.3 2.1 4.7 0.9 7.1 3.0 5.4 24.9 8.0 84.2 19.4 4.3 3.2 2.2 4.7 0.8 7.1 3.0 5.5 25.7 8.3 84.9 19.3 4.2 3.2 2.2 4.8 0.9 7.1 3.0 5.4 26.2 8.4 19.2 4.1 3.1 2.3 5.2 0.9 6.9 3.0 5.5 26.1 8.4 84.3 19.1 4.3 3.1 2.2 5.3 0.9 6.6 3.0 5.6 26.1 8.1 83.6 19.4 4.1 3.1 2.2 5.3 0.8 6.5 2.9 5.7 25.9 7.7 83.0 19.4 4.2 3.0 2.2 5.1 0.8 6.5 3.0 5.6 25.5 7.6 83.4 19.8 4.3 3.0 2.2 4.8 0.9 6.7 2.9 5.6 25.6 7.6 f Preliminary. NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS). 173.3 85.3 3.6 5.0 7.9 11.2 12.7 19.0 163.7 162.5 162.6 80.8 3.4 4.5 7.0 10.2 12.0 80.5 3.3 4.5 7.0 10.1 12.0 80.6 3.4 4.5 7.0 10.0 12.1 16.8 4.2 14.4 2.3 7.1 4.2 14.6 2.2 7.1 82.8 19.9 4.2 2.9 2.1 4.7 0.8 6.6 3.0 5.6 25.3 7.6 82.0 19.8 4.1 2.8 2.1 4.5 0.8 6.6 2.9 5.6 25.0 7.6 . 15.0 2.2 7.1 82.0 19.8 4.2 2.8 2.1 4.4 0.8 6.7 2.9 5.6 25.1 7.6 162.8 162.5 162.8 163.4 80.7 3.4 4.5 6.9 10.0 11.8 17.1 80.7 3.4 4.5 6.9 9.9 11.8 80.6 3.2 4.6 6.9 9.8 11.7 1 15.3 2.2 7.1 .1 15.5 2.2 7.2 15.6 2.2 7.4 4.2 15.6 2.2 7.4 82.0 20.0 4.2 2.8 2.2 4.3 0.8 6.6 2.9 5.5 25.0 7.6 81.7 20.0 4.2 2.8 2.3 4.2 0.8 6.5 2.9 5.4 24.9 7.6 82.1 20.1 4.4 2.7 2.3 4.2 0.8 6.6 2.9 5.5 24.9 7.7 82.4 20.1 4.2 2.7 2.3 4.2 0.9 6.6 2.9 5.6 25.0 7.7 3.2 4.5 6.8 9.8 11.9 17.0 Chained (1996) dollar inventory series are calculated to ensure that the chained (1996) dollar change in inventories for 1996 equals the current-dollar change in inventories for 1996 and that the average of the 1995 and 1996 end-ofyear chain-weighted and fixed-weighted inventories are equal. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. 10 October 2002 Customer Service Report for Fiscal Year 2002 In fiscal year 2002, the Bureau of Economic Analysis adding backup capabilities to help ensure uninterrupted (BEA) conducted a new Customer Satisfaction Survey. customer access to critical data. The survey will be conducted annually. The results of this survey will be used to assess how well we meet your needs National accounts and how we can improve. Based on a five-point scale, • Web site dissemination of the gross domestic product with five equaling very satisfied and one equaling very (GDP) news release, the associated technical note, the "Selected" NIPA Tables (PRN files and spreadsheets), dissatisfied with our customer service, you told us we and the section-508 compliant tables now occurs earned a score of 4.3. within a minute of the 8:30 a.m. release time. PreviOver the past year, BEA worked to better identify its ously, these data were posted on aflowbasis between customer base and customer needs. We increased our 8:35 a.m. and 10:00 a.m. on the day of the release. outreach efforts by increasing our participation in professional conferences in order to receive valuable feedback. • Web site dissemination of the "computer purchases" We recognize that continuous customer feedback is table, the fixed-weighted price index table, and the three-decimal place tables has been accelerated by sevessential to better service and have established an eleceral hours on the day of the GDP release. tronic mailbox for your comments <customerservice@bea.gov>. We also established electronic customer • Web site dissemination of the "underlying detail" file now occurs within seconds of the personal income mailboxes for the national and industry programs on release. The "key source data" table, which comes out BEA's Web site so that users can send their questions with the "advance" estimates only, is posted almost directly to BEA program experts. immediately after the underlying detail table, a day This report highlights the year's accomplishments in earlier than one year ago. customer service, undertaken pursuant to BEA's Strategic Plan.1 Industry accounts Web site developments During fiscal year 2002, BEA conducted a Web site redesign. Several immediate improvements were implemented: Delivering more basic data in downloadable form, including enhancing BEA contact information; expanding the availability of the back issues SURVEY OF CURRENT BUSINESS; and improving the layout of the homepage. A comprehensive A-Z index and a site search engine will be added later in calendar year 2002. A comprehensive site analysis and redesign project that will emphasize customer usability and accessibility in designing a new user interface and overall data presentation is being undertaken. In addition, the Web-related comments received on the 2002 BEA Customer Satisfaction Survey will be incorporated. BEA implemented interactive Web pages that contain current and historical data from the balance of payments accounts and the industry accounts in easy to use formats. BEA also strengthened its Web site reliability by 1. See "BEA's Strategic Plan for 2001-2005," SURVEY OF CURRENT BUSINESS 82 (May 2002): 8-32. This report was prepared by Verna Learnard. • In December 2001, BEA released the 1998 annual input-output (I-O) accounts, the third in a series of annual 1-0 accounts that provide more recent data than those in the benchmark I-O accounts, which are released on a 5-year cycle. • In a June 2002 SURVEY article, BEA published a progress report on its research to develop estimates of GDP by industry on an accelerated schedule. As part of the research results, BEA provided illustrative estimates for 2001 of current GDP by industry for broad industry groups. These estimates provided a first look at the effects on industries of last year's economic slowdown and the events of September 11th. International accounts • BEA published the preliminary results of the 1999 benchmark survey of U.S. direct investment abroad. The estimates were presented on the North American Industry Classification System (NAICS) basis for the first time. • BEA staff worked with the Federal Reserve Board, the Federal Reserve Bank of New York, and the U.S. Department of Treasury to more comprehensively October 2002 SURVEY OF CURRENT BUSINESS cover short-term financial instruments. New survey forms were designed to enable BEA to resume coverage of cash on deposit with brokers, including that in margin accounts. In order to provide users with more timely and accurate data, BEA developed a preliminary plan for instituting quarterly surveys of the largest and most volatile types of traded services and for making related changes to existing benchmark and annual surveys. • BEA staff worked with the Federal Reserve Board, the Federal Reserve Bank of New York, and the U.S. Department of Treasury to design new annual surveys of portfolio investment assets and liabilities. Annual liabilities surveys are being conducted beginning with data for 2001, and annual asset surveys are expected to be conducted beginning with data for 2003. The benchmark survey of selected services transactions was redesigned in order to cover important new categories of services, including those associated with the annual survey of selected services transactions. In response to suggestions from industry representatives, BEA developed new questions on services provided to foreign medical patients. • BEA reduced respondent burden and improved processing efficiencies for the international accounts surveys by extending the electronic reporting options to six additional surveys. Regional accounts • BEA produced and released the State personal income estimates on a NAICS basis for the first time for 2001. BEA developed test estimates of pension distributions by State and an alternative set of estimates of retirement payment distributions by State. • BEA established an interactive HELP file on its Web site that guides customers through definitions and methodology for the gross state product estimates. The vintage of BEAY regional multiplier estimates were improved by incorporating, for the first time, BEA's annual national input-output accounts (for 1998) and the latest county-level data on wages (for 2000). • BEA developed a prototype system to produce anew Web-based interactive, dynamic mapping capability for analyzing the gross state product estimates. This system will become available to users soon. Internal improvements BEA's employees are the most essential element of our service to customers. In order to attract and retain a highly qualified workforce, BEA conducted an internal organizational assessment survey. Based on the results, efforts in the coming year will focus on workforce development, communications, and quality of work life. Improvements in these areas will have a direct impact on our ability to innovate and improve BEA's statistics. Access to BEA staff BEA specialists are available during regular business hours. You can access the names and telephone numbers of BEA subject specialists on the Bureau's Web site at <www.bea.gov/bea/beatel.htm>, or you can e-mail BEA at <webmaster@bea.gov>. For a hard copy of "BEA's Contacts for Users" or other customer assistance, contact Public Information Office, BE-53 Bureau of Economic Analysis Washington, DC 20230 Telephone: 202-606-9900 Fax: 202-606-5310 TDD: 202-606-5335 October 2002 12 Annual NIPA Revision Newly Available Tables tables 5.16 and 8.28 and the report "Fixed Assets and Consumer Durable Goods for 1925-2001" were published The publication of national income and product accounts (NIPA) tables 3.15-3.20 and 9.1-9.6 below and of the "Updated Summary NIPA Methodologies" elsewhere in this issue marks the completion of this year's annual NIPA revision. The article "Annual Revision of the National Income and Product Accounts" and most of the NIPA tables were published in the August 2002 SURVEY OF CURRENT BUSINESS. NIPA in the September SURVEY. The estimates for the full set of NIPA tables (for most tables, beginning with 1929 for annual estimates and with 1946 for quarterly estimates) are available interactively on BEA's Web site at <www.bea.gov>. Later this year, the NIPA estimates will be available on a CD-ROM. Table 3.15. Government Consumption Expenditures and Gross Investment by Function [Billions of dollars] Line 1998 2000 1,641.0 1,751.0 1,858.0 General public service Executive and legislative Tax collection and financial management.. Other 147.9 32.5 43.7 71.8 160.9 183.7 34.9 47.1 78.9 172.5 37.2 48.8 86.6 National defense 349.1 364.3 374.9 Public order and safety.. Police Fire Law courts Prisons 173.0 68.4 22.0 32.7 50.0 187.1 75.3 23.1 34.3 54.4 203.2 82.2 24.8 36.9 59.3 218.7 Economic affairs General economic and labor affairsAgriculture Energy Natural resources Transportation Highways Air 241.0 21.9 11.9 12.5 24.3 148.3 116.4 15.2 8.5 8.2 4.8 16.9 259.6 278.7 28.1 14.9 17.6 27.5 289.3 25.1 167.8 131.9 180.3 141.5 18.3 .3 Water Transit and railroad Postal service Space Other Housing and community servicesHealth Recreation and culture.. Education Elementary and secondary.. Higher Libraries Other Income security Disability Retirement 1 Welfare and social servicesUnemployment Other Federal... General public service Executive and legislative Tax collection and financial management.. Other ^ National defensePublic order and safety... Police Fire Law courts Prisons Economic affairs General economic and labor affairsAgriculture Energy Natural resources Transportation Highways Air 23.9 13.6 15.3 24.8 159.4 125.3 16.5 9.1 8.5 5.7 16.5 16.7 39.6 53.4 90.7 89.4 26.6 39.6 63.2 16.0 15.8 28.7 10.4 .4 .4 .4 29.6 30.3 28.1 29.5 99.3 76.9 82.0 92.7 23.5 474.6 369.2 83.7 7.1 14.6 25.2 511.8 55.1 3.5 58.6 3.3 1.0 52.6 .1 1.7 63.9 3.4 1.5 1.6 48.3 .1 1.7 397.3 90.7 7.7 16.2 57.1 .1 1.7 10.1 5.3 17.5 26.2 544.0 421.2 97.0 8.0 17.8 67.4 3.5 1.4 60.3 .4 1.8 539.2 565.0 589.2 628.1 29.1 15.8 13.3 31.1 16.7 14.4 30.3 17.3 13.0 36.3 18.5 17.8 349.1 364.3 374.9 399.9 19.4 10.4 .1 6.0 2.9 22.5 12.9 .0 5.8 3.7 24.4 13.8 .1 6.1 4.4 26.3 14.3 .2 6.9 4.9 77.3 8.3 7.1 8.6 13.3 18.3 .4 10.0 82.2 9.6 8.2 10.5 13.1 18.7 .3 10.5 B9.0 13.0 90.3 8.8 9.5 9.9 10.5 15.1 19.4 11.8 15.4 20.9 .4 .4 10.6 11.8 1. Consists of consumption expenditures to administer social insurance funds, including old age and survivors insurance (social security) and railroad retirement. Excludes government employee retirement plans. 2. Consists of consumption expenditures to administer Federal revenue sharing grants to State and local governments Water Transit and railroad.. Postal service Space Other 1998 7.3 4.8 16.9 1999 7.6 .2 5.7 16.5 2000 2001 8.2 .2 5.4 16.9 8.6 .2 5.3 17.5 1.5 2.3 1.4 1.3 46.1 46.4 51.4 55.4 Recreation and culture- 2.8 2.9 3.4 3.2 Education Elementary and secondary... Higher Other 5.7 .7 1.0 4.1 5.5 .8 1.2 3.5 5.9 6.8 .7 1.4 4.7 Income security Disability Retirement 1 Welfare and social services.. Unemployment Other 8.1 7.7 .3 1.0 4.7 .1 1.7 8.5 .5 1.5 4.6 .1 1.7 Housing and community services- 9.8 9.4 5.4 16.9 22.1 443.6 343.7 78.7 6.7 14.5 Line 2001 1,538.5 Government Health State and local.. .6 1.6 4.2 .1 1.7 .7 1.3 3.9 .5 1.4 4.5 .4 1.8 999.3 1,076.0 1,161.8 1,229.9 General public service Executive and legislative Tax collection and financial management.. Other 3 118.8 16.7 30.3 71.8 129.8 18.2 32.6 78.9 142.2 147.5 19.9 35.8 86.6 21.1 35.6 90.7 Public order and safety ... Police Fire Law courts Prisons 153.6 58.0 21.9 26.6 47.0 164.6 62.4 23.0 28.5 50.7 178.8 192.4 75.0 26.4 32.6 58.4 Economic affairs General economic and labor affairsAgriculture Energy Natural resources Transportation Highways Air Water Transit and railroad Other 163.6 13.5 4.8 177.3 189.7 15.2 6.1 7.1 198.9 12.5 13.3 148.4 131.6 6.1 159.4 125.0 6.0 1.4 8.3 .4 1.6 9.2 .4 3.9 11.1 130.0 116.0 5.2 1.2 7.6 .3 14.3 5.4 4.8 11.7 140.7 68.4 24.7 30.8 54.9 15.6 6.1 4.0 141.2 6.5 1.8 9.9 .4 Housing and community servicesWater Sewerage Sanitation Other 28.1 8.8 8.2 7.3 3.7 28.1 9.2 7.9 7.6 3.4 26.7 8.3 7.1 8.2 3.1 28.2 9.1 7.5 8.3 3.4 Health 30.8 35.6 41.3 43.9 Recreation and culture- 19.4 20.6 21.8 22.9 Education Elementary and secondaryHigher Libraries Other 437.9 505.8 343.1 77.7 6.7 10.4 469.1 368.4 82.5 7.1 11.2 396.5 89.4 7.7 12.2 537.2 420.5 95.6 8.0 13.0 Income security Disability Welfare and social services.. Other 47.1 3.0 44.1 50.8 2.9 47.9 55.4 2.9 52.5 58.8 3.0 55.8 beginning with 1972 and ending with 1987. 3. Consists primarily of unallocable State and local government consumption expenditures and gross investment. October 2002 13 SURVEY OF CURRENT BUSINESS Table 3.16. Government Current Expenditures by Function [Billions of dollars] Line 1 Government ... 1998 2000 2001 2,529.3 2,630.1 2,775.8 2,951.6 General public service Executive and legislative Tax collection and financial management. Net interest paid 2 Others 413.2 43.4 35.2 278.5 56.1 407.7 45.9 38.2 262.7 60.9 418.0 51.5 39.1 259.7 67.8 401.3 49.2 43.1 235.6 73.4 National defense 299.4 311.7 321.0 344.1 Line Air Water Transit and railroad. Postal service Space Other Housing and community services . Health Public order and safety . Police Fire Law courts Prisons 160.6 173.6 64.1 20.5 30.5 45.5 70.5 21.6 32.2 49.4 Economic affairs General economic and labor affairs .... Agriculture Energy Natural resources Transportation Highways Air . . . Water Transit and railroad Postal service Space Other 4 152.7 21.6 24.6 -5.5 18.6 171.5 23.3 36.1 -5.2 189.3 77.1 23.3 34.7 54.2 203.7 84.0 25.0 37.2 57.6 187.4 206.4 25.0 38.1 1.6 22.1 114.1 76.4 11.2 27.1 38.9 -5.8 Recreation and culture. Education Elementary and secondary . Higher Other Income security Disability Retirement 5 Welfare and social services . Unemployment Other 4.9 21.2 102.4 72.1 4.9 7.3 18.2 5.4 11.8 -13.5 12.0 12.5 -13.3 -13.8 -14.2 25.8 25.5 25.0 26.3 450.7 469.2 502.9 561.9 16.5 17.5 19.2 20.0 Education Elementary and secondary . Higher Libraries Other 418.7 308.2 441.7 326.4 81.5 6.2 27.6 470.2 348.4 85.4 6.6 29.9 499.2 367.4 91.8 6.9 33.0 Economic affairs Income security Disability Retirement 5 Welfare and social services . Unemployment Other 591.7 83.9 332.6 127.5 19.8 28.0 611.7 87.7 339.4 132.8 20.6 31.2 642,7 92.8 358.0 138.7 21.0 32.2 688.7 99.1 377.4 147.0 32.6 32.7 1,936.4 Housing and community services. Health Recreation and culture.. 90.2 62.4 4.8 6.6 16.4 4.4 12.2 77.9 5.8 26.7 18.8 95.3 66.4 4.9 6.8 17.3 7.7 18.9 7.1 1. Equals Federal Government current expenditures less grants-in-aid to State and local governments plus State and local government current expenditures. Federal grants-in-aid to State and local governments by function are shown in table 3.17. 2. Includes dividends received by government shown separately in tables 3.1 and 8.19 for total government and in table 3.3 for State and local government. 3. Equals unallocable State and local government expenditures, less "wage accruals less disbursements" shown in table 3.1; includes Federal revenue sharing grants to State and local governments beginning with 1972 and ending with 1987. 2.8 3.0 3.4 3.4 38.2 14.0 14.0 10.2 41.2 16.8 14.8 9.6 42.1 17.7 14.0 10.4 48.3 19.6 16.3 12.4 552.1 71.9 332.6 93.8 23.1 30.6 570.1 597.7 80.6 358.0 100.2 24.1 34.9 643.6 75.9 339.4 96.8 24.0 34.0 86.5 377.4 107.3 35.8 36.5 56.1 154.7 55.1 20.5 25.2 43.3 59.2 21.5 27.2 46.7 168.7 65.1 23.2 29.5 51.0 181.8 71.5 24.8 31.2 54.3 81.1 13.8 4.4 -7.3 8.6 87.1 14.5 5.0 -8.0 107.8 16.2 5.6 -2.1 10.7 91.7 76.1 -2.3 -.3 18.2 -14.2 General economic and labor affairs Agriculture Energy Natural resources Transportation Highways Air Water Transit and railroad Other 4 347.3 108.7 13.5 33.4 4.7 14.2 22.4 .3 31.8 447.0 144.1 324.2 101.8 16.3 34.0 4.0 13.3 16.0 .3 30.1 399.7 Public order and safety . Police Fire Law courts Prisons 314.9 13.3 31.9 3.9 10.9 15.4 .3 31.5 376.8 124.3 302.5 92.9 31.0 365.1 16.2 31.6 -1.1 60.9 National defense 80.2 12.1 21.0 2.8 11.4 15.3 .4 13.4 15.0 31.0 6.6 263.8 .0 Economic affairs General economic and labor affairs . Agriculture Energy Natural resources Transportation Highways 7.9 .7 7.1 1,292.6 277.8 Housing and community services . 31.1 Water 8.6 Sewerage 238.1 Sanitation .0 Other 7.6 2.9 13.5 117.1 17.7 34.9 -3.2 67.8 301.6 34.5 4.2 263.0 .0 28.5 15.8 .2 8.9 3.7 2001 1,196.2 1,827.1 26.3 14.5 .1 8.2 3.5 7.4 7.5 .9 5.4 12.8 107.6 301.4 23.5 13.0 .0 2000 1,105.8 1,755.3 10.8 .1 6.1 2.4 7.2 7.0 .9 4.9 12.6 100.3 314.7 30.3 6.0 278.5 .0 19.4 1999 1,033.7 State and local. 1,705.9 Public order and safety ... Police Fire Law courts Prisons 7.1 6.7 1.2 4.4 13.0 General public service Executive and legislative Tax collection and financial management . Net interest paid 2 Other 7 General public service Executive and legislative Tax collection and financial management. Net interest paid Other 6 Federal . 1998 29.2 .0 74.9 9.1 80.0 95.0 15.5 5.7 -8.7 9.9 86.4 62.1 -2.2 -.2 15.3 66.1 -2.4 -.2 16.4 71.8 -2.5 -.2 17.4 -13.3 -13.5 -13.8 6.0 -4.8 -1.1 6.0 6.0 -5.4 -1.2 6.4 7.8 -5.5 -1.2 7.0 18.9 34.6 -2.5 73.4 7.5 -5.6 -1.4 7.0 6.0 6.2 7.5 7.4 196.7 215.6 236.5 268.0 13.9 14.7 16.1 398.0 307.2 65.3 5.8 19.7 421.0 325.3 68.4 6.2 449.5 347.3 72.6 6.6 22.9 Health . Recreation and culture. Education Elementary and secondary Higher Libraries Other 21.1 Income security Disability Welfare and social services . Other 93.6 13.4 80.2 105.5 13.5 85.6 13.9 91.6 16.8 474.8 366.3 77.0 6.9 24.6 111.6 14.3 97.2 4. Consists of State and local government publicly owned liquor store systems, government-administered lotteries and parimutuels, and other commercial activities. 5. Consists of social insurance funds, including old age and survivors insurance (social security) and railroad retirement. Excludes government employee retirement plans. 6. Consists primarily of Federal revenue sharing grants to State and local governments beginning with 1972 and ending with 1987, less "wage accruals less disbusements" shown in table 3.2. 7. Equals unallocable State and local government expenditures less "wage accruals less disbursements" shown in table 3.3. October 2002 Newly Available Tables 14 Table 3.17. Selected Government Current Expenditures by Function [Billions of dollars] Line 1998 1999 2000 2001 Current expenditures1 Line Unemployment. Other 1998 1999 2000 2001 3.3 2.7 3.4 2.8 23.5 -.1 -.3 5.5 32.5 .0 -.3 15.8 34.1 .0 -.3 17.8 47.3 .0 -.3 29.6 14.0 -11.1 .3 11.4 4.3 -13.3 18.4 24.0 -11.7 .3 12.1 4.5 -13.5 17.1 25.5 -12.1 127 5.2 -13.9 16.7 23.8 -5.5 .4 18.6 6.5 -14.3 18.1 33.4 -.1 -.3 15.5 43.0 .0 -.3 25.9 43.8 .0 -.3 28.3 50.3 .0 -.3 33.1 14.0 -3.8 .3 .7 4.3 18.3 24.0 -3.7 .3 .7 4.5 17.5 25.5 -3.4 .3 .7 5.2 15.9 23.8 -3.3 .4 5.7 6.5 17.6 -9.9 -9.9 -7.3 10.7 -13.3 .1 -10.5 -10.1 -8.0 11.4 -13.5 -.4 -9.7 -10.5 -8.7 12.0 -13.9 -3.1 -3.5 -2.1 12.8 -14.3 .5 277.1 24.9 49.4 11.0 95.5 22.2 15.7 6.0 50.4 2.1 304.7 28.2 52.3 12.0 105.6 21.9 16.5 6.5 59.4 2.3 319.8 28.9 53.5 12.3 110.9 19.8 17.3 6.4 68.5 2.3 335.8 28.6 55.5 13.2 114.5 21.3 18.2 6.7 75.5 2.4 86.1 5.3 49.4 1.3 21.8 .1 6.3 .5 .7 .7 93.4 5.9 52.3 1.9 24.4 .2 6.5 .6 .7 .9 5.6 53.5 2.1 25.5 .1 6.9 .6 .7 99.7 6.7 55.5 2.5 25.5 .1 7.2 .6 .9 191.0 19.6 9.6 73.7 22.1 9.4 5.5 49.7 1.4 211.3 22.3 10.0 81.2 21.7 10.0 5.9 58.7 1.5 223.9 23.3 10.2 85.4 19.7 10.4 5.7 67.7 1.5 236.2 22.0 10.8 89.0 21.1 11.0 6.1 74.6 1.6 28.8 .0 26.2 26.2 20.7 1.5 36.1 4.2 29.1 29.1 23.4 1.5 36.1 .0 32.8 32.8 25.6 1.7 40.8 .0 37.4 37.4 28.1 2.3 3.9 2.6 4.2 2.8 3.3 3.8 Consumption expenditures: Government General public service National defense Public order and safety Economic affairs Housing and community services . Health Recreation and culture Education Income security 1,261.4 124.6 299.7 160.4 145.5 7.4 61.2 16.2 393.2 53.1 1,336.3 134.4 312.0 173.5 154.0 8.4 65.5 17.0 415.2 56.2 1,431.2 145.4 321.4 189.2 167.9 8.3 75.4 18.8 443.3 61.6 Federal General public service National defense Public order and safety Economic affairs Housing and community services . Health Recreation and culture Education Income security 453.1 25.5 299.7 16.5 55.6 1.4 39.8 2.3 5.1 7.4 471.6 26.9 312.0 18.9 57.8 2.1 39.9 2.3 4.8 6.9 493.3 26.4 321.4 20.6 63.5 1.3 44.6 2.7 5.2 7.7 State and local General public service Public order and safety Economic affairs Housing and community services . Health Recreation and culture Education Income security 808.3 99.2 144.0 89.9 6.0 21.5 450.7 388.2 45.7 864.7 107.5 154.6 96.2 6.4 25.6 469.2 410.5 49.4 937.9 119.0 168.6 104.3 7.0 30.8 502.9 438.1 53.9 965.9 10.1 .2 1.7 .0 389.5 .3 25.5 538.6 998.5 10.6 .1 1.7 .0 403.7 .5 26.5 555.5 1,050.8 13.0 .2 1.7 .0 427.5 A 26.9 581.1 General public service Public order and safety Economic affairs Housing and community services Health Recreation and culture Education Income security 730.6 9.0 .0 .6 .0 214.2 .3 15.6 490.8 745.8 9.4 .0 .6 .0 213.6 .5 15.9 505.7 779.5 11.6 .0 .6 .0 221.7 .4 15.6 529.5 State and local.... General public service ... Public order and safety.. Economic affairs Health Education Income security 235.3 1.1 .1 1.1 175.3 9.8 47.9 252.7 1.3 .1 1.0 190.0 10.5 49.7 271.3 1.4 .1 1.2 205.7 11.3 51.6 210.3 1.8 3.1 2.8 8.5 4.3 .9 1.0 1.4 .0 .9 11.2 111.1 .2 17.5 53.9 1.4 231.0 1.3 3.2 4.6 8.6 4.4 .9 1.1 1.3 .0 .9 12.0 123.2 .2 20.5 57.5 1.6 247.5 .7 3.2 5.7 9.4 4.6 .8 1.1 2.0 .0 .8 12.9 133.4 .3 21.3 60.6 1.6 46.5 49.6 53.2 Transfer payments (net): Government General public service Public order and safety Economic affairs Housing and community services . Health Recreation and culture Education Income security Federal Grants-in-aid to State and local governments: Federal2 General public service National defense Public order and safety Economic affairs General economic and labor affairs . Agriculture Energy Natural resources Transportation Space Housing and community services Health Recreation and culture Education Income security Disability Retirement Welfare and social services 73 Subsidies less current surplus of government enterprises: 1,522.2 157.0 Government 344.5 203.6 General public service 174.7 National defense 8.2 Economic affairs General economic and labor affairs 81.1 Agriculture 19.5 Energy 468.5 Natural resources 65.0 Transportation Postal service 528.4 Other3 31.6 344.5 Housing and community services 21.9 Federal 64.8 1.2 General public service , 48.2 National defense 2.6 Economic affairs General economic and labor affairs 5.9 Agriculture 7.8 Energy Natural resources 993.7 Transportation 125.5 Postal service 181.7 109.9 Housing and community services 7.0 State and local 33.0 , 561.9 Economic affairs Energy 462.6 Transportation 57.3 Other3 Housing and community services 1,146.6 Gross investment 8.7 .2 2.1 Government .0 General public service 480.8 National defense .5 Public order and safety 30.7 Economic affairs 623.7 Housing and community services Health 842.2 Recreation and culture 7.4 Education .0 Income security .6 .0 Federal 245.8 General public service .5 National defense 18.5 Public order and safety 569.4 Economic affairs Housing and community services 304.4 Health 1.3 Recreation and culture .1 Education 1.4 Income security 235.0 12.2 State and local 54.3 General public service Public order and safety Economic affairs Housing and community services 277.4 Health .8 Recreation and culture 3.2 Education 6.6 Income security 10.1 4.7 Capital transfers paid .8 1.0 2.8 4 Federal .0 5 .9 General public service Economic affairs 13.0 Transportation 153.1 Highways6 .3 Air6 23.9 7 Water 66.4 Transit and railroad6 1.7 Housing and community services6.. 6 57.6 Health . 1. Equals consumption expenditures, transfer payments, net interest paid, less dividends received by government, subsidies less current surplus of government enterprises, less "wage accruals less disbursements"; for Federal Government, also includes grants-in-aid to State and local governments. Government, Federal Government, and State and local government current expenditures are shown separately in tables 3.1,3.2, and 3.3. 2. Federal grants-in-aid to State and local governments are included in Federal current expenditures; because the grants are transactions between levels of government, they are eliminated in the consolidation of the government sector. 7.0 3.4 3. Consists of publicly owned liquor store systems, government-administered lotteries and parimutuels, and other commercial activities. 4. No State and local government capital transfers have been identified. 5. Consists of forgiveness of debts owed by foreign governments to the U.S. Government. 6 Consists C i t off Federal F d l G 6. Governmentiinvestment grants toSState and local governments, 7. Consists of maritime sul laritime construction subsidies paid to business by the Federal Govemm October 2002 15 SURVEY OF CURRENT BUSINESS Table 3.18B. Relation of Federal Government Current Receipts and Expenditures in the National Income and Product Accounts to the Budget, Fiscal Years and Quarters [Billions of dollars] Quarterly totals not seasonally adjusted Line 1998 1999 2000 2001 1998 1999 2000 2001 IV Current receipts 1,721.4 1,827.3 2,025.0 1,990.2 Budget receipts Less: Coverage differences Geographic 1 Contributions received by Federal employee retirement plans 2 Capital transfers received 3 Financial transactions Other 4 Netting and grossing differences Supplementary medical insurance premiums Taxes received from the rest of the w o r l d 5 Other 6 Plus: Timing differences Corporate profits taxes Federal and State unemployment insurance taxes Withheld personal income tax and social security contributions Excise taxes Other Equals: Federal Government current receipts, national income and product accounts 412.6 564.2 449.1 443.6 433.7 656.0 491.7 461.3 459.8 660.3 408.9 469.8 11.8 .9 9.2 10.6 9.4 1.0 12.0 1.0 9.4 9.2 .8 10.0 1.0 12.4 1.0 9.3 9.8 1.2 8.9 .0 1.1 6.4 .0 1.0 1.2 7.6 .0 1.1 1.2 6.2 .0 1.1 1.2 8.8 .0 1.1 1.2 6.3 .0 1.1 1.2 6.8 .0 .4 1.2 6.5 .0 1.1 8.9 .0 1.1 6.0 .0 1.3 1.1 6.5 .0 1.3 -9.1 -4.1 1.3 -6.4 -10.2 -5.4 1.4 -6.2 -12.1 -5.4 1.5 -8.2 -10.6 -5.5 -10.9 -5.5 -12.7 -5.5 -11.3 -6.1 1.7 -8.9 1.9 -8.7 -12.9 -6.0 1.6 -8.5 -13.5 1.7 -7.1 -10.7 -5.5 2.0 -12.9 1.6 -6.7 -11.3 -5.4 1.7 -7.5 -9.1 1.7 -6.8 -15.1 -5.6 -.7 33.1 19.5 9.2 -21.8 -15.1 -6.3 -.1 1.3 -1.7 -3.8 -1.4 -.7 31.6 19.3 10.0 -32.7 -24.7 -7.3 -4.7 -2.8 -1.6 -8.5 -7.3 26.2 11.7 10.3 -24.2 -14.8 -7.7 23.4 23.4 -1.7 -24.8 -24.4 -.8 3.1 .6 .2 -2.0 -5.3 -1.5 2.0 .8 1.6 -.2 -.2 .0 2.4 -2.2 .0 -2.3 .6 .0 2.0 .4 .0 -.4 -.3 .0 2.2 -2.5 .0 -1.3 .9 .1 4.2 .1 .0 -2.8 1.0 .1 3.0 -1.4 .0 -4.6 5.0 .0 2,019.5 2,016.2 398.5 434.9 540.8 451.8 439.8 467.2 622.2 490.3 454.3 488.9 636.6 436.4 446.4 1,702.8 1,788.3 1,863.2 467.6 396.4 420.0 418.9 464.2 448.7 444.3 431.1 463.6 482.2 466.6 450.8 503.5 11.4 9.8 -32.2 2.6 10.6 12.3 11.1 -31.8 -49.1 -66.2 83.3 .1 -23.3 4.1 -.1 -10.9 2.6 -24.7 -22.6 -21.0 18.9 .0 -3.6 .5 -.6 8.0 7.7 8.2 23.2 2.4 12.5 , -.9 2.4 -7.7 .0 2.4 -12.3 25.9 2.7 -1.4 -30.5 19.5 2.6 12.5 -1.5 -6.0 20.0 .0 -4.3 1.3 -1.1 7.5 .9 4.2 -1.6 .0 -8.2 2.7 -12.0 -21.4 -5.7 19.4 .0 -3.8 -9.1 2.7 -23.8 -21.9 -21.4 .7 2.8 -8.5 -23.4 -6.2 21.1 .0 -5.8 -6.4 2.8 -11.7 -1.2 -31.6 21.1 .0 -5.8 -5.8 2.9 -26.0 -23.5 -23.6 21.0 .0 -4.4 401.4 34.0 3.2 39.0 3.3 41.4 3.5 40.8 3.6 9.2 .7 4.3 23.9 .0 2.6 4.5 27.6 .0 3.6 4.8 28.8 .0 4.3 4.7 28.2 .0 4.3 1.2 6.4 .0 .9 .9 -40.8 -20.7 5.2 -25.2 -41.6 -21.6 6.2 -26.2 -45.4 -21.9 6.7 -30.2 -49.9 -23.7 7.2 -33.4 -10.2 -6.7 2.0 -5.5 2.5 -3.0 -.1 -3.9 .1 .5 -9.6 16.8 -9.7 .4 12.9 .0 1.6 3.0 2.3 -6.8 .1 1.4 -1.8 .1 1,730.7 1,826.0 1,651.4 -6.3 8.9 -31.6 -44.8 -62.1 75.3 .1 1.0 5.9 .0 -7.1 1.3 -6.1 1.3 -6.1 1.7 Current expenditures Budget outlays Less: Coverage differences Geographic 7 Federal employee retirement plan transactions 2 Interest received Contributions received (employer) Benefits paid Administrative expenses Financing disbursements from credit programs 8 Other differences in funds covered 9 Net investment 10 Capital transfers paid 1 1 Financial transactions Loan disbursements less loan repayments and sales .... Deposit insurance Net purchases of foreign currency Other Net purchases of nonproduced assets Outer Continental Shelf Land and other 12 Other 13 Netting and grossing differences Supplementary medical insurance premiums Taxes received from the rest of the w o r l d 5 Other 6 Plus: Timing differences Purchases (increase in payables net of advances) Interest Transfer payments Subsidies less current surplus of government enterprises Equals: Federal Government current expenditures, national income and product accounts -46.9 -62.6 77.2 .1 -15.2 2.7 -.2 31.3 -31.5 -46.6 -64.7 79.7 .1 -17.1 2.5 1.1 35.0 2.3 8.2 -2.2 .0 -3.7 -.3 -.2 .0 .0 -45.4 -21.9 6.7 -30.2 -.9 .0 -.9 .0 -49.9 -23.7 7.2 -33.4 -.2 .0 -10.2 -6.7 2.0 -5.5 -1.4 -5.4 19.3 .0 -3.8 .6 -1.9 5.8 8.2 9.8 -.2 .0 -1.3 -.5 -.2 -.4 .0 -9.1 -4.1 1.3 -6.4 -13.6 -5.3 -2.6 -5.2 -.6 9.4 5.7 -1.6 2.7 2.6 -34.3 -2.1 1.9 -33.7 -.4 38.4 4.3 -.7 33.5 1.4 49 1,696.4 1,735.4 1,817.5 1,910.2 454.4 -11.0 1.5 -2.8 28.2 5.7 11.3 -3.1 .0 -2.5 -5.2 -.5 -4.7 .0 -40.8 -20.7 5.2 -25.2 16.8 26.5 -2.9 .0 -6.8 -1.6 .0 -1.6 .0 -41.6 -2.1 .8 -2.6 2.5 5.0 -1.4 -21.6 6.2 -26.2 -1.3 .2 39.7 13.5 21.6 -.8 .0 -7.4 -1.7 .0 1.2 .9 .6 7.7 -.6 19.6 .0 -3.8 .8 1.7 9.7 -4.6 -.3 -.1 -.2 .0 1.5 3.8 -.3 .0 -2.0 .0 .8 -.8 .0 -10.2 -5.4 -12.1 -5.4 1.4 -6.2 1.5 -8.2 .0 1.1 4.7 -.7 .0 19.5 .0 -4.3 1.4 1.5 8.7 4.9 4.2 -.1 .0 .8 -.1 -.1 .0 .0 -1.7 .0 .0 .0 .0 -10.6 -5.5 1.6 -6.7 -11.3 -5.4 1.7 -7.5 .5 -.4 -1.2 -1.7 1.8 -3.2 -.6 .3 -9.6 -5.5 .3 420.7 431.0 144.2 2.6 -8.2 -22.3 -6.1 20.1 .0 -4.3 .5 .2 8.6 1.2 4.9 -.3 .0 -3.4 -.3 -.3 .0 .0 -10.9 -5.5 1.7 -.9 -7.9 2.7 -25.3 -23.4 -31.2 20.1 .0 -4.3 -.8 .5 10.2 -4.7 -5.2 -.1 .0 .6 -22.1 20.1 .0 -5.8 1.3 .4 9.8 9.3 11.2 -.4 .0 -1.5 .1 .2 -.1 -.2 .0 .0 -.1 .0 -12.7 -5.5 13.7 -1.2 -6.3 21.1 .0 -5.8 .9 -1.4 8.3 8.5 9.9 -.4 .0 -1.0 -1.0 .0 -1.0 .0 -12.9 -6.1 1.9 -8.7 1.0 .1 9.9 1.6 5.0 -.2 .0 -3.2 -.3 -.4 .0 .0 -12.9 -6.0 1.0 .8 1.1 1.4 11.8 -5.9 -4.5 .2 .0 -1.7 .6 .5 .0 .0 -13.5 -6.1 10.8 8.3 6.2 .6 .0 1.5 .0 .0 1.6 -8.5 -9.1 .1 .0 -11.3 -6.1 1.7 -6.8 6.8 5.8 -3.9 3.9 1.0 -10.5 -6.1 1.1 -4.5 -1.0 -7.1 -8.9 -10.7 -5.5 2.0 -7.1 -4.4 -.1 1.7 1.4 -.1 .0 .4 -.7 -.9 .4 -.4 .2 -5.0 -.4 -3.3 -.4 -1.0 1.8 -1.0 1.9 -.1 1.0 .0 .7 -7 -.5 429.3 474.3 442.2 454.1 446.9 483.9 469.3 479.5 477.5 510.1 30.2 -20.6 -14.9 211.8 60.6 -2.3 -22.5 193.7 -41.9 -33.7 1.7 1.5 -1.1 .2 .5 .4 -1.4 .1 .8 1.4 -1.3 -11.4 1.5 -29.9 .2 9.4 2.3 32.0 -3.9 13.1 8.8 -2.9 26.5 -6.1 10.3 -1.8 -12.5 -3.0 -26.1 -1.0 9.7 3.1 25.0 -5.8 12.8 9.4 -16.5 -4.3 27.1 -5.8 14.4 25.0 168.1 43.4 -29.6 19.6 157.1 -41.0 -63.6 1.7 1.7 Surplus or deficit ( - ) Budget surplus or deficit (-) (1-19) 70.0 124.4 236.8 127.0 -55.0 5-1 Plus: Net investment (29) -2.8 -.2 1.1 -.1 -.6 -1.9 Less: Net capital transfers received (5-30) Federal employee retirement plans (4-22) Other coverage differences (3+6+7-21-27-28-31-36-39) Timing differences (44-12) -4.3 35.9 4.5 -3.1 -3.6 36.6 -5.7 6.4 -6.2 36.3 9.9 -4.0 -11.5 36.5 3.4 -7.4 -1.6 25.8 -5.3 -18.6 .1 -11.4 -5.0 5.4 1.2 8.8 3.2 21.8 -3.4 13.4 -1.6 -1.1 25.1 -2.7 -5.8 Equals: Federal Government current surplus or deficit ( - ) , national income and product accounts (18-49) 34.3 90.6 202.0 106.0 -55.9 14.2 109.7 22.5 -34.5 1. Consists largely of contributions for social insurance by residents of U.S. territories and Puerto Rico. 2. These transactions are included in the NIPA personal sector. 3. Consists of estate and gift taxes. 4. Consists largely of U.S. Treasury receipts from sales of foreign currencies to Government agencies. 5. Taxes received from the rest of the world are included in receipts in the budget and netted against expenditures (transfer payments) in the NIPA's. 6. Includes proprietary receipts that are netted against outlays in the budget and classified as receipts in the NIPA's. Also includes some transactions that are not reflected in the budget data but are added to both receipts and expenditures in the NIPA's. 7. Consists largely of transfer payments, subsidies, and grants-in-aid to residents of U.S. territories and Puerto Rico. 8. Consists of transactions (not included in the budget totals) that record all cash flows arising from post-1991 direct loan obligations and loan guarantee commitments. Many of these flows are for new loans or loan repayments; consequently, related entries are included in line 32. 9. Consists largely of agencies or accounts such as the Postal Service and the Federal Financing Bank that were not included in the budget in some time periods. 10. Net investment is gross investment less consumption of fixed capital for government enterprises and general government. 11. Consists of investment grants to State and local governments and maritime construction subsidies. Does not include the forgiveness of debts owed by foreign governments to the U.S. Government; this forgiveness is classified as a capital transfer paid by the United States and is excluded from both budget outlays and NIPA current expenditures. 12. Consists of net sales of land other than the Outer Continental Shelf and, beginning with 1995, includes the auction of the radio spectrum. 13. Consists largely of net expenditures of foreign currencies. NOTE. Through 1976, fiscal year estimates reflect a July 1-June 30 Federal fiscal year. Beginning with 1977, fiscal year estimates reflect an October 1-September 30 Federal fiscal year. NIPA quarterly and fiscal year estimates in this table are consistent with the not seasonally adjusted estimates in table 9.3. Newly Available Tables 16 October 2 0 0 2 Table 3.19. Relation of State and Local Government Current Receipts and Expenditures in the National Income and Product Accounts to Bureau of Census Government Finances Data, Fiscal Years Table 3.20. Relation of Commodity Credit Corporation Expenditures in the National Income and Product Accounts to Commodity Credit Corporation Outlays in the Budget [Billions of dollars] [Billions of dollars] Line 1998 1999 2000 2001 Current receipts Census total revenue Less: Coverage differences State and local employee retirement plan transactions 1 Contributions 2 Interest received 3 Dividends received 3 Capital gains net of losses 4 Unemployment insurance fund contributions and earnings 5 Certain grant programs Capital transfers received 6 Financial transactions4 Sale of land Other Netting and grossing differences Revenues of government enterprises Government sales included in Census total revenue 7 Interest and dividends received, excluding retirement plans Employer contributions to own social insurance funds Plus: Timing differences Corporate profits taxes 8 Other 8 Equals: State and local government current receipts, national income and product accounts 1,720.9 1,794.1 314.4 237.5 38.3 310.4 236.5 71.0 20.8 107.4 23.2 11.1 35.0 1.6 39.0 63.3 22.4 111.9 22.2 10.0 37.5 1.7 1.6 4.4 1.2 1.2 366.0 155.1 142.2 69.4 -.8 379.3 161.7 147.9 70.5 12.6 .5 12.1 22 1,053.1 1,105.4 Current expenditures 1,529.3 1,625.9 Less: Coverage differences State and local employee retirement plan transactions 9 Employer contributions to own retirement plans Benefits paid Administrative expenses Unemployment insurance fund benefits paid 5 Net investment 10 Services provided without payment by domestic securities brokers Purchases of land Other 172.4 58.5 -25.3 80.2 3.6 17.8 89.4 191.9 64.5 -24.7 85.3 3.9 19.2 99.9 -1.2 7.9 -1.5 9.7 Netting and grossing differences Revenues of government enterprises Government sales included in Census total revenue 7 Interest and dividends received, excluding retirement plans Employer contributions to own social insurance funds 366.0 155.1 142.2 69.4 379.3 161.7 147.9 70.5 -.8 16.1 9.8 Census total expenditures Plus: Timing differences, excess of accruals over disbursements, and other 8 Equals: State and local government current expenditures, national income and product accounts 1,007.0 1,064.6 Surplus or deficit (-) Census total revenue less Census total expenditures (1-23) Plus: Net investment (30) Less: Net capital transfers received (10) State and local employee retirement plans (3-25) Other coverage differences (8+9+11+12+13-29-31-32-33) Timing differences (39-19) lus or deficit ( - ) , national income and product accounts (22-40) . 191.6 168.2 89.4 99.9 35.0 179.0 37.5 172.0 17.4 3.5 9.0 8.8 46.1 40.8 1. Contributions received, interest received, and dividends received are included in the NIPA personal sector. Capital gains net of losses are excluded from the NIPA's. 2. Consists of employer and employee contributions, except employer contributions to their own employee retirement plans. 3. Prior to 1968, dividends received is included in interest received (line 5). 4. Prior to 1985, capital gains (net of losses) of State and local employee retirement plans is included in line 11. 5. Unemployment insurance is recorded as a Federal program in the NIPA's. 6. Consists of estate and gift taxes and Federal investment grants. 7. In the NIPA's, final expenditure components of GDP are recorded net of sales or receipts; all current-account sales by general government are therefore deducted in the calculation of NIPA current expenditures. However, most sales by general government are included in Census total revenue; a reconciliation item for these sales is therefore required for both receipts and expenditures. The amount of the reconciliation item is less than the sales shown in table 3.9 because Census total revenue does not include medical vendor payments made by State and local governments to public institutions (classified as an intragovernmental transaction by Census) or the administrative expenses of State and local employee retirement plans (treated in the NIPA's as sales by government to the personal sector). 8. Differences that arise from restating the Census Bureau data to a year ending June 30 are included in timing. Census Bureau measures of State and local government revenue and expenditures (lines 1 and 23) primarily represent a fiscal year ending June 30, but some governments use other fiscal years. The NIPA measures shown in this table are for the fiscal year ending June 30, and are consistent with the not seasonally adjusted estimates in table 9.4. 9. These transactions are included in the NIPA personal sector. 10. Net investment is gross investment less consumption of fixed capital for government enterprises and general government. Line Commodity Credit Corporation outlays in the budget Less: Financial transactions Netting differences Timing differences Other 1 Equals: Commodity Credit Corporation current expenditures, national income and product accounts Consumption expenditures Change in inventories Other consumption expenditures Transfer payments to the rest of the world Grants-in-aid to State and local governments Net interest paid Subsidies 1. Consists largely of foreign currency transactions. 1998 1999 2000 2001 15.3 25.5 26.4 26.9 1.4 -.1 .0 .0 2.4 -.1 .0 .0 1.3 .0 .0 .0 3.9 .0 .0 .0 14.0 23.2 25.1 23.0 .3 .1 .1 .9 .0 .4 12.4 .4 .2 .2 .9 .0 .4 21.5 1.0 .8 .2 .8 .0 .4 22.9 1.1 .8 .2 1.0 .0 .3 20.7 October 2002 17 SURVEY OF CURRENT BUSINESS Table 9 . 1 . Gross Domestic Product, Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusteci Line 1998 I II 2000 1999 III IV I III II IV I II 2001 III I IV II III IV 1 2,085.1 2,165.9 2,228.7 2,301.8 2,200.5 2,281.5 2,353.9 2,438.5 2,346.8 2,446.1 2,487.4 2,544.4 2,428.2 2,504.3 2,544.6 2,605.1 Gross domestic product 2 1,380.1 1,452.9 1,469.1 1,554.0 1,473.2 1,545.0 1,569.5 1,658.7 1,596.5 1,656.9 1,674.4 1,756.0 1,679.0 1,737.2 1,733.7 1,837.0 Personal consumption expenditures Durable goods Nondurable aoods Services 3 4 5 151 3 381.6 847.2 173 8 422.4 856.8 1721 425.5 871.4 196.1 479.0 878.9 166.2 407.2 899.8 188.5 449.9 906.6 189.7 456.4 923.5 211.5 516.7 930.6 187.2 447.0 962.3 200.9 488.6 967.4 200.8 492.3 981.3 215.0 545.0 996.0 189.4 468.8 1,020.9 206.9 510.5 1,019.9 202.4 505.7 1,025.6 237.2 556.3 1,043.5 6 370.7 376.9 407.1 384.1 387.1 397.5 433.4 418.8 416.6 446.8 460.9 431.1 397.8 398.8 418.2 371.1 Fixed investment Nonresidential Structures Equipment and software Residential Change in private inventories 7 8 9 10 11 12 329.4 257.4 61 3 196.1 72 1 41.3 379.5 284.1 731 211.0 95 4 -2.6 380.9 277.1 76 4 200.7 103 8 26.2 375.8 282.7 71.6 211.2 93 0 8.3 354.0 274.9 64.0 210.9 791 33.1 403.1 298.8 70 7 228.2 104 2 -5.6 413.5 298.3 74.9 223.3 1152 19.9 406.6 301.5 74.1 227.5 1051 12.1 390.9 298.3 69.3 229.0 92 6 25.7 436.5 324.6 77.8 246.9 111.9 10.3 437.3 321.6 84.1 237.5 1157 23.5 427.1 321.2 83.1 238.1 105 9 4.0 390.6 297.1 721 224.9 93 5 7.2 424.4 308.8 81 6 227.1 1156 -25.5 425.2 301.3 89 3 212.0 123 9 -6.9 406.1 294.5 81 4 213.1 111 7 -35.0 Net exports of goods and services 13 -22.0 -38.6 -51.7 -39.5 -41.1 -60.4 -78.1 -70.2 -73.9 -88.1 -105.1 -98.3 -83.8 -90.2 -87.0 -88.0 14 15 16 17 18 19 240.6 172 5 68.1 262.6 220 5 42.1 240.2 170 4 69.8 278.8 231 0 47.8 234.4 160 4 74.0 286.2 235 2 51.0 249.6 177 9 71.7 289.1 243 3 45.8 236.9 167 4 69.5 278.0 234 9 43.1 243.2 172 2 71.0 303.6 254 2 49.4 246.9 169 6 77.3 325.0 271 8 53.2 262.4 1881 74.3 332.7 284 4 48.2 262.2 1871 75.1 336.1 286.6 49.5 275.2 196.9 78.4 363.4 306.1 57.3 280.4 197 4 83.0 385.6 324.4 61.2 283.2 203.6 79.7 381.6 326 0 55.5 272.7 196.4 76.3 356.5 302.5 54.0 266.2 190 5 75.7 356.4 295.4 61.0 248.9 171 1 111 335.8 287 6 48.2 246.4 175.5 70.9 334.3 281.7 52.6 20 356.2 374.7 404.3 403.3 381.2 399.5 429.1 431.2 407.7 430.5 457.2 455.6 435.1 458.4 479.6 484.9 21 22 23 24 120 6 78.5 42 1 235.6 126 5 81.9 44 5 248.2 144.7 90.5 54 2 259.7 147.5 98.3 49 2 255.8 125.7 82.6 43 2 255.5 132.5 83.6 48 9 267.0 151.5 92.9 58.6 277.6 155.3 105.2 50.1 275.9 132.7 85.1 47.7 274.9 141.9 89.6 52.3 288.6 156.4 93.9 62.5 300.8 158.2 106.3 51.9 297.4 142.4 91.7 50 7 292.7 149.1 93.4 55.7 309.3 164.6 101.0 63.6 315.0 172.0 113.8 58 2 312.8 25 2,087.6 2,166.2 2,224.8 2,299.5 2,206.0 2,287.0 2,358.2 2,445.9 2,352.9 2,452.0 2,491.8 2,551.4 2,431.3 2,511.5 2,547.4 2,613.9 Gross private domestic investment Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Nondefense State and local Addendum: Gross national product . Table 9.2. Personal Consumption Expenditures by Major Type of Product, Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted Line I Personal consumption expenditures Durable goods Motor vehicles and parts Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline fuel oil and other energy goods Gasoline and oil Fuel oil and coal .. . Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Recreation Other Addenda: Energy goods and services1 Personal consumption expenditures less food and energy II III IV I 1 1,380.1 1,452.9 1,469.1 1,554.0 1,473.2 II III IV I II 2001 III 1,545.0 1,569.5 1,658.7 1,596.5 1,656.9 1,674.4 IV I II III IV 1,756.0 1,679.0 1,737.2 1,733.7 1,837.0 2 151.3 173.8 172.1 196.1 166.2 188.5 189.7 211.5 187.2 200.9 200.8 215.0 189.4 206.9 202.4 237.2 3 4 5 63.6 58.4 29.3 77.0 62.5 34.3 73.7 64.5 33.8 74.4 79.7 41.9 71.5 62.7 32.0 84.9 66.8 36.8 83.9 69.4 36.4 78.8 86.6 46.1 81.5 69.9 35.8 88.3 72.4 40.2 88.2 73.6 39.1 78.7 89.0 47.3 82.6 69.6 37.1 92.7 72.1 42.0 89.1 72.9 40.5 96.9 91.5 48.9 6 381.6 422.4 425.5 479.0 407.2 449.9 456.4 516.7 447.0 488.6 492.3 545.0 468.8 510.5 505.7 556.3 7 8 9 12 194 4 57.3 32.1 27.6 4.5 97.8 214 3 68.2 32.3 29.6 2.7 107.5 2174 68.2 31.9 29.5 2.4 108.0 226.4 91.1 31.6 28.0 3.5 130.0 206.0 61.5 30.1 25.7 4.3 109.6 224 9 71.7 35.5 32.8 2.7 117.8 228.3 72.4 37.3 34.9 2.5 118.4 239.7 95.4 40.0 35.9 4.1 141.5 221.7 64.6 42.7 36.8 5.9 118.0 240.5 74.8 45.9 42.6 3.3 127.3 243 3 75.2 46.5 43.2 3.3 127.3 249 4 99.1 47.4 41.8 5.6 149.2 231.0 66.2 46.0 39.3 6.8 125.6 250.6 75.5 48.8 45.8 3.1 135.5 251.2 74.6 44.9 42.2 2.7 134.9 259.6 98.9 38.8 34.9 4.0 159.0 1? 847.2 856.8 871.4 878.9 899.8 906.6 923.5 930.6 962.3 967.4 981.3 996.0 14 15 16 17 18 19 ?n ?1 209.7 88 5 35.7 52.9 60.4 221 5 53.6 213.4 213.4 81 5 27.8 53.7 61.9 224.1 54.5 221.3 217.1 88 7 33.8 54.8 62.1 225.9 56.7 220.9 219.5 86 9 31.6 55.4 61.9 227.5 56.1 227.0 223.9 92.7 36.5 56.2 63.4 232.7 57.0 230.2 227.0 82.6 25.4 57.2 65.2 234.4 58.8 238.6 230.0 93.7 35.5 58.2 65.6 235.0 61.4 237.8 231.7 91.4 32.6 58.8 65.2 235.2 60.4 246.8 235.1 96.8 36.9 59.9 65.9 245.5 61.8 257.2 238.6 88.1 27.3 60.9 67.6 245.5 63.4 264.2 242.1 98.3 36.8 61.5 67.3 247.7 66.0 259.9 244.2 103.0 41.3 61.7 67.0 253.1 64.3 264.3 m 11 1,020.9 1,019.9 1,025.6 1,043.5 247.7 111.1 48.6 62.5 67.5 259.9 66.3 268.4 251.9 93.5 30.7 62.8 68.7 266.0 67.8 272.2 255.8 101.1 37.8 63.3 67.9 270.1 69.2 261.5 259.1 100.7 37.4 63.3 67.3 276.3 68.6 271.5 ?? 67.7 60 2 65.7 63.1 66.5 60.8 72.9 72.6 79.6 73.2 83.3 88.7 94.6 79.5 82.7 76.2 23 1,117.9 1,178.5 1,185.9 1,264.4 1,200.7 1,259.3 1,268.4 1,346.5 1,295.1 1,343.2 1,347.8 1,417.8 1,353.4 1,407.2 1,399.8 1,501.2 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. 2000 1999 1998 Newly Available Tables 18 October 2 0 0 2 Table 9.3. Federal Government Current Receipts and Expenditures, Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted Line II I IV III II 2001 2000 1999 1998 I IV III II I IV III II I IV III 1 412.8 513.3 425.1 398.5 434.9 540.8 451.8 439.8 467.2 622.2 490.3 454.3 488.9 636.6 436.4 446.4 2 3 4 5 177 2 48.5 23 8 163.3 269 8 52.8 23 6 167.1 205.1 54.3 26 2 139.4 182.8 48.6 23 9 143.3 190.9 49.6 23 6 170.8 285.9 54.7 23 7 176.4 219.1 55.0 27.1 150.7 207.4 53.8 25.7 152.8 195.8 56.4 26.1 188.8 347.9 59.6 26.6 188.0 246.0 56.7 29.3 158.2 219.2 51.1 27.0 157.0 217.9 44.2 28.2 198.5 365.2 46.9 27.5 196.9 204.2 43.2 28.7 160.3 223.6 35.9 25.8 161.1 Current expenditures 6 409.7 421.0 420.8 454.4 420.7 431.0 429.3 474.3 442.2 454.1 446.9 483.9 469.3 479.5 477.5 510.1 Consumption expenditures 7 101.2 105.4 120.8 125.8 105.1 109.2 126.8 130.5 110.1 117.8 131.8 133.5 119.4 124.3 139.0 145.6 Transfer payments (net) To persons To the rest of trie worid (net) 8 9 10 192 8 190.6 2.3 180.7 178.1 2.6 176 5 173.9 2.6 180.6 177.1 3.5 196.3 194.1 2.2 184.1 181.6 2.6 180.2 177.7 2.5 185.1 181.0 4.1 207.9 205.0 2.9 192.1 188.9 3.1 185.2 181.8 3.3 194.3 190.1 4.2 221.6 220.0 1.5 205.4 203.4 2.0 204.7 202.7 2.0 210.5 206.4 4.1 Grants-in-aid to State and local governments 11 52.0 52.1 50.3 55.9 57.0 56.5 56.1 61.5 60.6 61.4 60.6 64.9 67.6 71.4 64.9 73.5 51.9 56.9 35.5 21.3 5.0 72.3 77.0 56.4 20.6 4.7 47.0 52.0 32.2 19.8 5.0 66.9 72.0 53.0 19.0 5.0 Current receipts Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance Met interest paid Interest paid To persons and business To the rest of the world . Less' Interest received by government Subsidies less current surplus of government enterprises Subsidies Less: Current surplus of government enterprises Less: Wage accruals less disbursements Current surplus or deficit (-), national income and product accounts 12 13 14 15 16 59 4 64.2 41 5 22 7 4.8 79 4 84.0 61 0 23 0 4.6 59 6 64.2 41 4 22 8 4.6 80 0 84.4 61 7 22 7 4.4 55.5 59.9 41 4 184 4.4 76.5 80.7 62 5 18.2 4.2 55.2 59.6 40.8 18.7 4.4 76.7 81.2 62 0 19.1 4.4 55.1 60.0 401 19.9 4.9 77.0 81.9 61 4 20.6 4.9 54.1 58.9 38 0 21.0 4.8 76.7 81.4 59.8 21.5 4.7 17 18 43 6.4 34 6.1 135 7.9 122 14.5 69 8.8 47 7.3 11.0 5.4 20.5 22.1 8.5 9.8 5.8 8.2 15.2 9.4 14.4 16.4 8.8 9.8 6.1 8.0 21.8 14.4 13.5 15.3 19 2.1 2.6 -5.6 2.4 1.9 2.6 -5.6 1.7 1.3 2.4 -5.8 2.0 .9 1.9 -7.4 1.8 20 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 21 3.2 92.3 4.3 -55.9 14.2 109.7 22.5 -34.5 25.0 168.1 43.4 -29.6 19.6 157.1 -41.0 -63.6 Table 9.4. State and Local Government Current Receipts and Expenditures, Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted Current receipts Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance Federal grants-in-aid Current expenditures Consumption expenditures Transfer payments to persons Net interest paid Interest paid to persons and business Less: Interest received by government 2000 1998 Line 2001 263.9 271.8 247.5 291.2 278.8 288.0 263.4 313.8 296.9 312.2 277.0 328.0 311.6 327.4 277.0 345.4 55.9 8.2 145.3 2.6 68.4 9.0 139.8 2.5 54.7 9.2 130.8 2.5 56.6 8.2 168.0 2.5 60.3 8.1 150.9 2.5 74.7 8.9 145.5 2.4 59.1 9.0 136.7 2.4 61.7 8.8 179.6 2.4 67.5 8.9 157.5 2.4 84.6 9.5 154.4 2.3 62.4 9.1 142.6 2.3 60.6 62.9 8.0 189.9 2.3 64.9 68.8 7.3 165.6 2.3 67.6 86.2 7.7 159.7 2.3 71.4 62.4 7.2 140.1 2.3 64.9 63.7 6.9 199.0 2.3 73.5 302.4 307.3 314.3 325.1 321.7 331.5 236.3 240.5 244.0 247.6 250.0 252.0 68.8 70.7 71.5 77.3 73.4 82.2 20.5 21.3 -.6 20.6 21.3 -.6 20.8 21.3 —5 20^9 21.4 -.4 21.0 21.4 .1 .1 -1.2 1.1 -2.2 .7 52.0 52.1 50.3 55.9 57.0 56.5 56.1 61.5 60.6 61.4 252.8 257.6 259.0 264.3 268.1 273.2 279.3 285.3 289.7 296.7 198.1 57.2 200.8 59.1 .0 18.6 18.6 .1 .1 18.8 18.7 -2.3 .1 -2.3 .1 2.4 .0 11.1 203.5 58.1 205.9 60.9 209.1 61.2 213.9 62.0 -.1 19.6 19.7 218.6 63.5 -.3 19.8 20.1 223.1 66.0 -.4 20.0 20.4 228.5 64.2 -.6 20.1 20.7 232.5 67.6 -7 20.3 21.0 .2 19.1 18.9 .1 .0 19.4 19.3 -2.7 .1 -2.5 .1 -2.2 .1 -2.5 .1 -2.5 .1 -3.3 .1 -2.3 .1 -2.5 .1 2.4 2.8 2.6 2.3 2.6 2.6 3.4 2.4 2.6 2.9 2.2 2.9 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 14.2 -11.5 26.9 10.8 14.8 -15.9 28.6 7.2 15.5 2.2 -44.7 13.9 .2 18.9 18.8 20.4 21.2 Less: Dividends received by government Subsidies less current surplus of government enterprises Subsidies Less: Current surplus of government enterprises Less: Wage accruals less disbursements Current surplus or deficit (-), national income and product accounts -1.8 .1 -25.4 -3.1 .1 20.7 -.6 2.2 -2.7 October 2002 19 SURVEY OF CURRENT BUSINESS Table 9.5. Foreign Transactions in the National Income and Product Accounts, Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted Line Receipts from the rest of the world Exports of goods and services., Goods1 Services1 , 1998 1999 2000 2001 313.5 313.6 303.9 320.0 310.1 319.6 328.1 348.4 354.2 373.0 376.3 381.1 364.3 349.4 324.3 313.0 240.6 172.5 68.1 240.2 170.4 69.8 234.4 160.4 74.0 249.6 177.9 71.7 236.9 167.4 69.5 243.2 172.2 71.0 246.9 169.6 77.3 262.4 188.1 74.3 262.2 187.1 75.1 275.2 196.9 78.4 280.4 197.4 83.0 283.2 203.6 79.7 272.7 196.4 76.3 266.2 190.5 75.7 248.9 171.1 77.7 246.4 175.5 70.9 72.9 73.4 69.4 70.4 73.2 76.5 81.3 85.9 92.0 97.8 95.9 97.8 91.6 83.2 75.5 66.7 313.5 313.6 303.9 320.0 310.1 319.6 328.1 348.4 354.2 373.0 376.3 381.1 364.3 349.4 324.3 313.0 262.6 220.5 42.1 278.8 231.0 47.8 286.2 235.2 51.0 289.1 243.3 45.8 278.0 234.9 43.1 303.6 254.2 49.4 325.0 271.8 53.2 332.7 284.4 48.2 336.1 286.6 49.5 363.4 306.1 57.3 385.6 324.4 61.2 381.6 326.0 55.5 356.5 302.5 54.0 356.4 295.4 61.0 335.8 287.6 48.2 334.3 281.7 52.6 Income payments . 70.4 73.1 73.3 72.8 67.6 70.9 77.0 78.5 85.9 91.8 91.5 90.8 88.5 76.0 72.6 57.8 Transfer payments (net) .... From persons (net) From government (net) . From business 10.4 6.0 2.3 2.1 10.7 5.9 2.6 2.2 10.9 6.0 2.6 2.3 12.5 6.4 3.5 2.6 11.4 6.8 2.2 2.4 11.5 6.6 2.6 2.4 12.0 6.9 2.5 2.6 13.9 7.0 4.1 2.8 12.8 7.4 2.9 2.6 12.8 7.0 3.1 2.7 13.4 7.5 3.3 2.6 14.6 7.7 4.2 2.7 12.0 8.1 1.5 2.3 11.7 7.4 2.0 2.3 12.3 8.0 2.0 2.3 13.9 7.5 4.1 2.3 -29.8 -48.9 -66.6 -54.4 -46.9 -66.4 -85.9 -76.8 -80.7 -95.0 -114.2 -105.9 -92.6 -94.7 -96.4 -93.0 168.1 166.6 50.4 116.1 1.6 158.2 149.2 42.8 106.4 9.0 Income receipts . Payments to the rest of the world . Imports of goods and services . Goods1 Services1 Net foreign investment 15 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment were reclassified from goods to services. Table 9.6. Corporate Profits With Inventory Valuation Adjustment, Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted Line Corporate profits with inventory valuation adjustment Profits before tax Profits tax liability Profits after tax Inventory valuation adjustment 1999 180.7 175.0 56.8 118.3 5.7 190.7 186.2 61.7 124.4 4.5 191.3 187.7 63.6 124.1 3.6 176.8 172.2 56.8 115.4 4.5 180.3 178.1 57.7 120.4 2.3 189.7 193.0 63.6 129.3 -3.2 2000 194.3 194.7 64.0 130.7 -.4 193.5 196.4 62.5 133.9 -2.9 186.2 193.2 65.3 127.9 -7.1 199.4 205.5 69.1 136.4 -6.1 2001 198.9 199.2 65.8 133.4 -.3 182.9 184.4 59.1 125.2 -1.5 168.2 171.2 51.5 119.7 -3.0 180.7 183.3 54.6 128.7 -2.6 October 2002 20 Updated Summary NIPA Methodologies most components, the source data are "value data"; that is, they encompass both the quantity and price dimensions that are required for current-dollar estimates. In these cases, the methodology indicated in table 1 covers only the adjustment of the value data to derive estimates consistent with NIPA definitions and coverage. For those estimates not derived from value data, the table indicates the combination of data with separate quantity and price dimensions that is used to derive the Current-dollar estimates required value estimate and the major adjustments Table 1 lists the components of current-dollar GDP start- needed to derive estimates consistent with NIPA definiing with the components on the product side and then tions and coverage. On the product side, a "physical proceeding to those on the income side (see page 22). quantity times price" method is used for several compoThe subcomponents, with their dollar values for 2001, nents. For example, the estimate for new autos is calcuare grouped according to the methodology used to pre- lated as unit sales times expenditure per auto (the average list price with options, adjusted for transportation pare them. The column for the annual estimates covers the revi- charges, sales tax, dealer discounts, and rebates). On the sion cycle for those estimates and notes the major differ- income side, an "employment times earnings times ences in methodology as the estimates move through the hours" method and variations of a "stock of assets/liabilithree annual revisions to a benchmark revision.3 For ties times an effective interest rate" method are used for example, for "most durable and nondurable goods" in several components. personal consumption expenditures (the first item on the Some of the source data shown in table 1 for the product side), the table indicates one methodology for annual estimates are used as indicators to interpolate and benchmark years and another for all other years. extrapolate the levels established by source data that are The column for the quarterly estimates covers only the more comprehensive, and all of the source data shown for advance estimate for the current quarter—that is, the the advance quarterly estimates are used to extrapolate estimate prepared about a month after the end of the the level of the preceding quarter. In addition, extrapolaquarter. That estimate, rather than the preliminary or tion and interpolation may be based on trends, as is the final quarterly estimate, is described because more atten- case when "judgmental trend" is listed in the table.4 Estimating methods. Table 1 refers to four methods— tion focuses on the "first look" at the quarter. In addition, the column lists only the source data and methods; it commodity flow, retail control, perpetual inventory, and does not indicate how many months of source data are fiscal year analysis—that are used by BEA for estimating available or whether the data are subject to revision by specific components. The commodity-flow method is used to obtain the the source agency. Information on the key monthly source data appears each month in the "Business Situa- value of final users' purchases of goods and services (that tion" in the SURVEY OF CURRENT BUSINESS. Additional infor- is, commodities) for BEA's benchmark input-output mation on the monthly source data used for the advance accounts. These values serve as the benchmark for the NIPA estimates of personal consumption expenditures estimate is available on BEA's Web site <www.bea.gov>. The source data listed consist of a variety of economic (PCE), of equipment and software, and of the commodmeasures, such as sales or receipts, wages and salaries, ity detail for State and local government consumption unit sales, housing stock, insurance premiums, expenses, expenditures and gross investment.5 This method is also interest rates, mortgage debt, and tax collections. For used for equipment and software in nonbenchmark years, but it is implemented in an abbreviated form. An 1. BEA has prepared a series of papers that provide detailed descriptions even more abbreviated commodity-flow method is used This report presents summary descriptions of the principal source data and methods used to prepare the currentdollar estimates of gross domestic product (GDP) and the estimates of real GDP.1 These descriptions have been updated to reflect the methodological improvements that were introduced in the annual revision of the national income and product accounts (NIPA's) that was released in July 2002.2 of NIPA concepts and methodologies and that are subject to periodic improvements, which are typically introduced as part of annual and comprehensive revisions; these improvements are described in the articles in the SURVEY OF CURRENT BUSINESS that cover these revisions. For more information, see appendix B at the back of this issue. 2. Eugene P. Seskin and Stephanie H. McCulla, "Annual Revision of the National Income and Product Accounts," SURVEY 82 (August 2002): 7-34. 3. For additional details on the release schedule for the NIPA estimates, go to BEA's Web site at <www.bea.gov>, click on "Methodologies," and under "National programs," see "A Guide to the NIPA's." 4. For a few components, the final quarterly estimates are based on newly available source data that replace judgmental trends. 5..For additional information on the commodity-flow method, see U.S. Bureau of Economic Analysis, Personal Consumption Expenditures, Methodology Paper No. 6 (Washington, DC: U.S. Government Printing Office, 1990): 31-34 and GNP: An Overview of Source Data and Estimating Methods, Methodology Paper No. 4 (Washington, DC: GPO, 1987): 16-17. October 2002 SURVEY OF CURRENT BUSINESS 21 for current quarterly estimates of equipment and soft- in table 1, for some NIPA components, the ITA estimates ware. are adjusted to conform to NIPA concepts and definiThe retail-control method is used to estimate more tions.10 Annual estimates of these adjustments and their than a third of the value of PCE for periods other than definitions are shown in NIPA table 4.5B, which was pubbenchmark years. This method provides the indicator lished in the August 2002 SURVEY on page 70; summary series used in extrapolating and interpolating the total of quarterly estimates are shown in "Reconciliation Tables" "most durable and nondurable goods" and the "control" in appendix A of the SURVEY. total to which the PCE categories and residential equipOther information. In preparing the annual estimates ment included in this group must sum. These PCE cate- of several of the income-side components, BEA adjusts gories consist of all goods except autos and trucks, food the source data for various coverage and conceptual diffurnished to employees, food and fuel produced and con- ferences. For each subcomponent listed below, an annual sumed on farms, standard clothing issued to military per- NIPA table reconciles the value published by the source sonnel, school lunches, and net foreign remittances.6 agency with the NIPA value published by BEA and identiThe perpetual-inventory method is used to derive esti- fies the BEA adjustments. The following is a list of the mates of fixed capital stock, which in turn form the basis subcomponents and their corresponding reconciliation for the estimates of consumption of fixed capital. This tables, which were published in the August 2002 SURVEY, method is based on investment flows and a geometric beginning on page 120: Consumption of fixed capital, depreciation formula; it is used instead of direct measure- table 8.22; nonfarm proprietors' income, table 8.23; farm ment of the capital stock because direct measurement is proprietors' income, table 8.24; corporate profits, table seldom statistically feasible on a comprehensive basis.7 8.25; net interest, table 8.26; and wages and salaries, table 8.27. The fiscal year analysis method provides the framework for the annual and quarterly estimates of Federal Government consumption expenditures and gross invest- Real estimates ment. The estimates of expenditures are prepared by pro- Table 2 shows which one of three methods—deflation, gram—that is, by activity for a group of line items or for quantity extrapolation, and direct base-year valuation— an individual line item in the Budget of the U.S. Govern- is used to prepare the quantity index for each detailed ment. For most programs, the fiscal year analysis begins product-side component of real GDP and identifies the by adjusting budget outlays for coverage and for netting source data with which the method is implemented.11 and grossing differences between these outlays and NIPA Deflation is used for most of the detailed components. In expenditures. The expenditures total (as adjusted) for a deflation, the quantity index is obtained by dividing the program is then classified by type of NIPA expenditure— current-dollar index by an appropriate price index that for example, transfer payments and interest paid—with has the base year—currently 1996—equal to 100 and nondefense consumption expenditures and gross invest- then by multiplying the result by 100. ment determined residually. When a fiscal year analysis is The quantity-extrapolation and direct base-year-valucompleted, the detailed array of NIPA expenditures by ation methods are similar: Both use explicit quantity program and by type of expenditure serves as a set of data. In quantity extrapolation, quantity indexes are control totals for the quarterly estimates.8 obtained by using a quantity indicator to extrapolate International transactions accounts (ITA's). The from the base-year value of 100 in both directions. In source data for the foreign transactions reflected in most direct base-year valuation, quantity indexes are obtained NIPA components—such as net exports of goods and by multiplying the base-year price by actual quantity data services and rest-of-the-world corporate profits—are for the index period and then expressing the result as an from the ITA's, which are also prepared by BEA.9 As noted index with the base year equal to 100. The subcomponents in table 2 are the same as those 6. For additional information, see Personal Consumption Expenditures, shown in table 1, but the detail differs to highlight the 41-54; and GNP:An Overview, 17. alternative methodologies used for calculating the real 7. For additional information on the perpetual-inventory method, see U.S. Bureau of Economic Analysis, Fixed Reproducible Tangible Wealth estimates (see page 34).12 in the United States, 1925-94 (Washington, DC: GPO, August 1999): M-3—M-36; and GNP:An Overview, 17-18. 8. For additional information and an example of the fiscal year analysis method, see U.S. Bureau of Economic Analysis, Government Transactions, 10. These adjustments are described in U.S. Bureau of Economic Analysis, Methodology Paper No. 5 (Washington, DC: GPO, 1988): 19-20. Foreign Transactions, Methodology Paper No. 3 (Washington, DC: GPO, 9. See U.S. Bureau of Economic Analysis, The Balance of Payments of the 1987): 15-25. United States: Concepts, Data Sources, and Estimating Procedures (Washing- 11. For additional information on the calculation of real GDP, go to BEA's ton, DC: GPO, 1990). The methodologies described in this publication are Web site at <www.bea.gov>, click on "Methodologies," and under "National programs," see "A Guide to the NIPA's." subject to periodic improvements, which are typically introduced as part of the annual revision of the ITA's; these improvements are described in the 12. For the real estimates, the distinction between annual and quarterly methodologies is far less important than it is for the current-dollar estiSURVEY articles that cover the annual ITA revisions, most recently in Chrismates. For the relatively few cases in which the annual and quarterly source topher L. Bach, "Annual Revision of the U.S. International Transactions data differ, the major differences are noted in the entry. Accounts, 1993-2001," SURVEY 82 (July 2002): 33-40. Summary NIPA Methodologies 22 October 2002 Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Component Advance quarterly estimates: Annual estimates: Source data and methods used to determine level for benchmark Source data and methods used and other years or used to prepare an extrapolator or interpolator to prepare an extrapolator Product side (Gross domestic product of $10,082.2 billion for 2001) Personal consumption expenditures ($6,987.0 billion) Durable and nondurable goods ($2,877.2 billion)1 Most durable and nondurable goods Benchmark years. Commodity-flow method, starting with manuexcept those listed below facturers' shipments from Census Bureau quinquennial census ($2,401.3 billion)2 and including an adjustment for exports and imports from Census Bureau foreign trade data. Other years. Retail-control method, using retail sales from Census Bureau annual survey of retail trade or, for most recent year, monthly survey of retail trade. New autos ($105.9 billion) Benchmark years. Commodity-flow method, starting with manufacturers' shipments from Census Bureau quinquennial census and including an adjustment for exports and imports from Census Bureau foreign trade data. Other years. Physical quantity purchased times average retail price: Unit sales, information to allocate sales among consumers and other purchasers, and average list price with options, all from trade sources. Transportation charges, dealer discounts, and rebates from monthly survey of auto sales prices from the Bureau of Labor Statistics (BLS). Sales tax rate from Census Bureau annual survey of retail trade. Net purchases of used autos Benchmark years. For net transactions, residual based on net sales by other sectors. For dealers' margin, retail sales from Census ($60.6 billion) Bureau quinquennial census and margin rate from Census Bureau annual survey of retail trade. Other years except the most recent year. For net transactions, change in consumer stock of autos from trade sources. For dealers' margin, for franchised dealers, unit sales and sales price from trade sources, times margin rate for independent dealers from Census Bureau annual survey of retail trade; for independent dealers, margin from Census Bureau annual survey of retail trade. Most recent year. For net transactions, same as other years except most recent year. For dealers' margin, for franchised dealers, unit sales and sales price from trade sources; for independent dealers, sales from Census Bureau monthly survey of retail trade. Benchmark years. Commodity-flow method, starting with manuNew trucks ($121.8 billion) facturers' shipments from Census Bureau quinquennial census and including an adjustment for exports and imports from Census Bureau foreign trade data. Other years except the most recent year. Abbreviated commodityflow method, starting with manufacturers' shipments from Census Bureau annual survey and including an adjustment for exports and imports from Census Bureau foreign trade data. Most recent year. Physical quantity purchased times average retail price: Unit sales, information to allocate sales among consumers and other purchasers, and average list price, all from trade sources. 2 Gasoline and oil ($162.1 billion) Benchmark years. Physical quantity purchased times average retail price: Gallons consumed from the Department of Transportation; information to allocate that total among consumers and other purchasers from Federal agencies and trade sources; average retail price from Census Bureau quinquennial census. Other years except the most recent year. Same as benchmark years except that the average retail price is from the Energy Information Administration (EIA). Same as the annual estimates for other years. Same as the annual estimates for other years. For net transactions, residual based on net sales by other sectors. For dealers' margin, judgmental trend. Same as the annual estimate for the most recent year. Same as the annual estimate for the most recent year. October 2002 SURVEY OF CURRENT BUSINESS 23 Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Advance quarterly estimatesAnnual estimates: Source data and methods used to determine level for benchmark Source data and methods used to prepare an extrapolator and other years or used to prepare an extrapolator or interpolator Component Product side (Gross domestic product of $10,082.2 billion for 2001) Food furnished to employees (including military)($9.7 billion) Expenditures abroad by U.S. residents ($3.6 billion) less personal remittances in kind to nonresidents ($2.2 billion) Most recent year. Physical quantity purchased times average retail price: Gallons consumed and average price from EIA. Benchmark years. For commercial employees, number of employ- For commercial employees, same as annual estimates ees of relevant industries from BLS tabulations times BEA estifor other years; for military mate of per capita expenditures for food; for military personnel, personnel, judgmental outlays from the Budget of the United States prepared by the Oftrend. fice of Management and Budget (OMB). Other years. Same as benchmark years except per capita expendi- Judgmental trend. tures for food based on BLS consumer price index (CPI) for food. Estimated as part of the international transactions accounts; see entry for exports and imports of services under net exports of goods and services. Services ($4,109.9 billion) Nonfarm dwellings: Space rent for Benchmark years. Based on data on housing stock and average an- For housing stock, judgmenowner-occupied dwellings and tal trend; for average rent, nual rent from Census Bureau decennial census of housing and rent for tenant-occupied dwellings survey of residential finance, adjusted for utilities included in BLS CPI for rent. ($968.1 billion) rent. Other years. Based on data on housing stock and average annual rent from Census Bureau biennial housing survey or on the number of housing units from Census Bureau monthly current population survey and BLS CPI for rent Benchmark years. Based on data on housing stock and average an- Judgmental trend. Rental value of farm dwellings ($8.0 billion) nual rent from Census Bureau decennial census of housing and survey of residential finance. Other years. Based on data on current cost of farm housing stock from BEA capital stock series. For nursing homes, research Benchmark years. Receipts and expenses from Census Bureau Motor vehicle repair, rental and organizations and foundaother services; other repair quinquennial census adjusted for receipts from business and tions, employment agency services; other purchased intercity governments. fees, and clubs and fraternal transportation; legal and funeral Other years. For educational services not elsewhere classified and services; barber shops, beauty foundations, BLS annual tabulations of wages and salaries of em- organizations, wages and salaries derived from BLS parlors, and health clubs; nursing ployees covered by State unemployment insurance; for others in monthly employment times homes; laundries; employment this group, receipts and expenses from Census Bureau service earnings times hours; for agency fees; accounting and tax annual survey. commercial business, trade, return preparation services; and correspondence recreation (except cable TV, schools, and for education parimutuel net receipts, lotteries, services not elsewhere clasand computer online services), sified, employment times hotels and motels; commercial BLS CPI for technical and business, trade, and business school tuition and correspondence schools; fees; for legitimate theaters educational services not and motion pictures, reelsewhere classified; research ceipts from trade sources; organizations and foundations for radio and TV repair, ($686.3 billion) number of TV's based on stock and sales from trade source times BLS CPI for video and audio; for hotels and motels, rooms rented times average price per room from trade source; for casino gambling, receipts from State agencies; for others in this group, judgmental trend. Summary NIPA Methodologies 24 October 2002 Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Component Advance quarterly estimates: Annual estimates: Source data and methods used to determine level for benchmark Source data and methods used and other years or used to prepare an extrapolator or interpolator to prepare an extrapolator Product side (Gross domestic product of $10,082.2 billion for 2001) Services [Continued] Physicians, dentists, and other professional medical services ($487.7 billion) For physicians and dentists, Benchmark years. For nonprofit professional services, expenses, judgmental trend; for other and for others in this group, receipts, adjusted for government professional medical serconsumption, all from Census quinquennial census. Other years. Receipts and expenses, adjusted for government con- vices, wages and salaries derived from BLS monthly sumptions from Census Bureau service annual survey. employment times earnings times hours. For political organizations and Private nursery schools, elementary Benchmark years. For elementary and secondary schools, exfoundations, judgmental and secondary schools, day care, penses from the Department of Education; for nursery schools trend; for elementary and welfare activities, political and day care, expenditures from BLS consumer expenditure sursecondary schools employorganizations, foundations, and vey; for others in this group, receipts and expenses from Census ment times BLS CPI for all trade unions and professional Bureau quinquennial census. items; for others in this associations ($201.6 billion) Other years except the most recent year. For nursery schools and group, wages and salaries day care, same as for benchmark years; for welfare activities, rederived from BLS monthly ceipts and expenses form Census Bureau service annual survey; for others in this group, BLS annual tabulations of wages and sal- employment times earnings times hours. aries of employees covered by State unemployment insurance. Most recent year. For nursery schools and day care, judgmental trend; for welfare activities, same as for other years; for others in this group, BLS annual tabulations of wages and salaries of employees covered by State unemployment insurance. Financial services furnished without See the entry "Banks, credit agencies, and investment companies" Judgmental trend. payment by banks, credit under net interest. agencies, and investment companies3 ($259.5 billion) Brokerage charges and investment All years except the most recent year. For private higher education, For stock brokerage charges, counseling, bank service charges, expenses, and for others in this group, receipts from annual restock exchange transacintercity transportation except tions from trade sources; ports of government administrative agencies. other and private higher education Most recent year. For brokerage charges, bank service charges, for income from sales of in($227.3 billion) vestment company securiand intercity transportation, receipts from annual reports of govties, sales of open-end ernment administrative agencies; for investment counseling, reinvestment company shares ceipts from Census Bureau service annual survey; for private from trade source; for imhigher education, enrollment from the Department of Education puted commissions on debt times price index for higher education from trade source. securities, dealer transactions in U.S. government and agency securities from the Federal Reserve Bank of New York; for commodities commissions, futures contracts from trade source; for investment counseling, wages and salaries derived from BLS monthly employment times earnings times hours; other brokerage charges and investment counseling and for bank services charges, judgmental trend; for intercity transportation, receipts from trade sources; for private higher education, employment times BLS CPI for all items. October 2002 25 SURVEY OF CURRENT BUSINESS Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Component Advance quarterly estimates: Annual estimates: Source data and methods used to determine level for benchmark Source data and methods used and other years or used to prepare an extrapolator or interpolator to prepare an extrapolator Product side (Gross domestic product of $10,082.2 billion for 2001) Benchmark years. For cleaning services, receipts from Census Bu- Judgmental trend. reau quinquennial census; for other domestic services, number of workers times weekly hours times earnings from BLS. Other years. Number of workers times weekly hours times earnings from BLS. Public education and hospitals, All years except the most recent year. For lotteries, net receipts Judgmental trend. water and other sanitary services, from Census Bureau quinquennial census and annual surveys of and lotteries ($203.4 billion) State and local governments, adjusted to a calendar year basis from a fiscal year basis; for others in this group, receipts from the same sources. Most recent year. Judgmental trend. Benchmark years. For life insurance, expenses from trade sources; For life insurance, hospital, Insurance, private hospitals, for medical hand hospitalization insurance, premiums and benereligious activities, cable TV and religious activities, electricity, natural gas, telephone, fits from the Center for Medicare and Medicaid Services; for wages and salaries derived other insurance, premiums and benefits from trade sources; for and local transport from BLS monthly employprivate hospitals, receipts and expenses from the Census Bureau ($945.0 billion) ment times earnings time quinquennial census; for cable TV and telephone, receipts from hours; for cable TV, number the Census Bureau quinquennial census; for religious activities, of cable TV and direct expenses based on contributions and membership from trade broadcast satellite subscribsources; for electricity and gas, receipts from the EIA; for local ers from trade source; for transport, receipts from trade source. electricity and gas, projected quantities based on degree-day data from the National Oceanic and Atmospheric Administration times prices based on BLS CPI's for electricity and gas; for cellular telephone, number of subscribers from trade source times BLS CPI for cellular telephone service; for others in this group, judgmental trend. Same as the annual estiForeign travel by U.S. residents Estimated as part of the international transactions accounts; see ($76.3 billion) less expenditures mates. entry for exports and imports of services under net exports of in the United States by goods and services. nonresidents ($90.6 billion) Various source data. Other services: Motor vehicle For motor vehicle leasing, number of leased vehicles leasing; parimutuel net receipts; based on registrations and other housing except hotels and terms from trade source, motels; tolls; other household and lease payments based operations except repairs and on new vehicle prices, BEA insurance; travel and depreciation schedules, and entertainment card fees; Federal Reserve Board instenographic and reproduction terest rates on new motor services; money orders and vehicle loans; for others in classified advertising; and this group, judgmental computer online service ($122.6 trend. billion) Domestic service ($14.6 billion) Fixed investment ($1,646.3 billion) Nonresidential structures ($324.5 billion) 4 Utilities Telecommunication Value put in place from Census Bureau monthly construction sur($18.4 billion) vey. Expenditures from Federal regulatory agencies and trade sources. Other ($36.6 billion) Same as annual. Judgmental trend. Summary NIPA Methodologies 26 October 2002 Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Component Annual estimates: Advance quarterly estimates: Source data and methods used to determine level for benchmark Source data and methods used and other years or used to prepare an extrapolator or interpolator to prepare an extrapolator Product side (Gross domestic product of $10,082.2 billion for 2001) Nonresidential structures [Continued] Mining exploration, shafts, and Benchmark years. Expenditures from Census Bureau quinquennial wells ($42.7 billion) census. All years except the most recent year. For petroleum and natural gas, physical quantity times average price: Footage drilled and cost per foot from trade sources; for other mining, expenditures from Census Bureau annual capital expenditure survey. Most recent year. For petroleum and natural gas, physical quantity times average price: Footage drilled and cost per foot from trade sources extrapolated by BLS producer price index for oil and gas well drilling. Industrial buildings ($25.6 billion) Benchmark years except 1992. Value put in place from Census Bureau monthly construction survey and improvements from Department of Energy (DOE) commercial buildings energy consumption survey. For 1992, tabulations from Census Bureau annual capital expenditure survey, adjusted for undercoverage. Other years. Value put in place from Census Bureau monthly construction survey. Benchmark years. Value put in place from Census Bureau monthly Other nonfarm buildings and structures ($191.4 billion) construction survey and improvements from DOE commercial buildings energy consumption survey. Other years. Value put in place from Census Bureau monthly construction survey. Expenditures for new construction from the U.S. Department of Farm buildings ($6.1 billion) Agriculture (USDA) surveys. For petroleum and natural gas, same as annual estimates for the most recent year; for mining, judgmental trend. Same as the annual estimates for other years. Same as the annual estimates for other years Value put in place from Census Bureau monthly construction survey. Nonresidential equipment and software ($877.1 billion) Benchmark years. Commodity-flow method, starting with manuFor trucks, see the entry for Equipment, except autos new trucks under personal facturers' shipments from Census Bureau quinquennial census ($662.6 billion) consumption expenditures; and including an adjustment for exports and imports from Cenfor others in this group, sus Bureau foreign trade data. same as the annual estiOther years. Abbreviated commodity-flow method, starting with mates for other years but the Census Bureau's annual manufacturers' shipments or, for the with less detail. most recent year (except for aircraft and trucks), monthly survey of manufactures and including the adjustment for exports and imports. For aircraft, manufacturers' shipments from Census Bureau current industrial report, adjusted for exports and imports. For trucks, domestic and North American imports, physical quantity purchased times average retail price: Unit sales, information to allocate sales among business and other purchasers, and average list price, all from trade sources; for truck trailers, shipments from Census Bureau current industrial report. New and used autos ($34.1 billion) For new autos, see the entry for new autos under personal conFor new autos, same as the sumption expenditures; for used autos, change-in-business annual estimates; for used stock of autos at least 1-year old from trade source. autos, judgmental trend. Software ($180.4 billion) Benchmark years. For purchased software, commodity-flow For purchased software, remethod, starting with industry receipts data from Census Bureau ceipts from company requinquennial census and including an adjustment for exports and ports to the Securities and imports from Census Bureau foreign trade data; for own-account Exchange Commission and software, production costs based on BLS employment data and retail sales of business software from trade sources; on Census Bureau quinquennial census. for own-account software, Other years. For purchased software, commodity-flow method, same as the annual estistarting with industry receipts data from Census Bureau service mates for the most recent 2 annual survey and including the adjustment for exports and imyears. ports; for own-account software, production costs based on BLS employment data or, for the most recent 2 years, private fixed investment in computers and peripheral equipment. October 2002 27 SURVEY OF CURRENT BUSINESS Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Annual estimates: Advance quarterly estimates: Source data and methods used to determine level for benchmark Source data and methods used and other years or used to prepare an extrapolator or interpolator to prepare an extrapolator Component Product side (Gross domestic product of $10,082.2 billion for 2001) Residential investment ($444.8 billion) 5 Permanent-site new single-family Value put in place based on phased housing starts and average housing units ($232.1 billion) construction cost from Census Bureau monthly construction survey. Permanent-site new multifamily Value put in place from Census Bureau monthly construction surhousing units ($30.7 billion) vey. Manufactured homes ($8.8 billion) Benchmark years. See the entry "Equipment, except autos" under nonresidential equipment and software. Other years. Physical quantity shipped times price: Shipments from trade source and average retail price from Census Bureau monthly survey. Improvements ($104.6 billion) Expenditures by owner-occupants from BLS quarterly consumer expenditure survey and by landlords from Census Bureau quarterly survey of landlords. Brokers' commissions ($60.0 Physical quantity times price times BEA estimate of average combillion) mission rate: Number of single-family houses sold and mean sales price from Census Bureau monthly construction survey and trade source. Equipment ($9.3 billion) See the entry "Most durable and nondurable goods" under personal consumption expenditures. Same as the annual estimates. Same as the annual estimates. Same as the annual estimates for other years. Judgmental trend. Same as the annual estimates. Same as the annual estimates. Change in private inventories (-$60.3 billion) Manufacturing and trade (-$72.2 billion) Construction, mining, utilities, and other nonfarm industries ($10.3 billion) Farm ($1.6 billion) Same as the annual estimate Benchmark years. Inventories from Census Bureau quinquennial for the most recent year. censuses revalued to current replacement cost, with information on the proportions of inventories reported using different accounting methods, on the commodity composition of goods held in inventory, and on the turnover period, all from the quinquennial censuses and annual surveys, combined with prices, largely based on BLS producer price indexes. (The difference between the Census Bureau change in inventories and the BEA change in private inventories is the inventory valuation adjustment (IVA).) Other years except the most recent year. Inventories from Census Bureau annual surveys, revalued as described above. Most recent year. For retail auto dealers, quantities times average prices from trade sources; for all others, inventories from the Census Bureau monthly surveys, revalued as described above. Benchmark years. Mining and construction inventories from Cen- For electric utilities, same as the annual estimate for the sus Bureau quinquennial censuses revalued to current replacemost recent year; for all ment cost the same as for manufacturing and trade. others, judgmental trend. Other years except the most recent year. Internal Revenue Service (IRS) tabulations of business tax returns, revalued as described above. Most recent year. Census Bureau quarterly survey of mining corporations, monthly physical quantities from the EIA combined with BLS producer price indexes for electric utilities, and for all others, judgmental trend, revalued as described above (except when noted as physical quantity times price). For crops, BEA quarterly alloChanges in physical quantities times current prices from USDA cation of USDA annual prosurveys jections of crop output and cash receipts; for livestock, USDA quarterly data. Summary NIPA Methodologies 28 October 2002 Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Component Advance quarterly estimates: Annual estimates: Source data and methods used to determine level for benchmark Source data and methods used and other years or used to prepare an extrapolator or interpolator to prepare an extrapolator Product side (Gross domestic product of $10,082.2 billion for 2001) Net exports of goods and services ( $348.9 billion) Exports and imports of goods, net Estimated as part of the international transactions accounts: Export For territorial adjustment and coverage of gold, judgmenand import documents compiled monthly by the Census Bureau (-$433.7 billion) tal trend; for all other years, with adjustments by BEA for coverage and valuation to convert same as the annual estithe data to a balance-of-payments basis. Adjusted for the balmates. ance-of-payments coverage of U.S. territories and Puerto Rico with data from the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and the Census Bureau, and coverage of gold transactions adjusted with data from the U.S. Geological Survey and trade sources. For territorial adjustment, Exports and imports of services, net Estimated as part of the international transactions accounts: For government transactions, reports by Federal agencies on their judgmental trend; for all ($84.8 billion) purchases and sales abroad; for most others in this group (inother years, same as the ancluding travel, passenger fares, other transportation, and royalnual estimates. ties and license fees), BEA quarterly or annual surveys (supplemented with data from other sources). Adjusted for the balance-of-payments coverage of U.S. territories and Puerto Rico (see the above entry); adjusted to include financial services furnished without payment, see the entry for banks, credit agencies, and investment companies under imputed net interest, and adjusted for NIPA treatment of military grants. Government consumption expenditures and gross investment ($1,858.0 billion) Federal Government ($628.1 billion) Within a control total established by fiscal year analysis: For com- For components of compenNational defense except pensation, military wages from OMB's Budget of the United sation, military employconsumption of general States, civilian wages and benefits from Office of Personnel Man- ment from DOD and civilian government fixed capital agement (0PM), and other labor income for Federal employee re- employment from BLS; for ($336.4 billion) tirement plans from outlays from the Monthly Treasury other than compensation, Statement; for other than compensation by type, based mainly on same as annual; for softdata from Department of Defense (DOD) reports; for software, ware, see the entry for softsee the entry for software under nonresidential equipment and ware under nonresidential software. equipment and software. Perpetual-inventory calculations at current cost, based on gross Same as the annual estiNational defense consumption of investment and on investment prices. mates. general government fixed capital ($63.5 billion) Nondefense except consumption of Within a control total established by fiscal year analysis: For Com- For components of compengeneral government fixed capital sation, employment from modity Credit Corporation inventory change, book values of ac($199.5 million) BLS; for software, see softquisitions and physical quantities of dispositions from agency reports times average market prices from the USDA; for compen- ware under nonresidential equipment and software; for sation, civilian wages and benefits from 0PM and other labor inother than compensation come for Federal employee retirement plans from outlays from and software, same as the the Monthly Treasury Statement;torpetroleum sales (Naval Peannual estimates. troleum Reserve), distribution and price data from the DOE; for research and development, obligations from the National Science Foundation and disbursements from the National Aeronautics and Space Administration; for construction, value put in place from Census Bureau monthly construction survey; for software, see the entry for software under nonresidential equipment and software; for all others, outlays from the Monthly Treasury Statement For financial services furnished without payment, see the entry for banks, credit agencies, and investment companies under imputed net interest. October 2002 29 SURVEY OF CURRENT BUSINESS Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Component Advance quarterly estimates: Annual estimates: Source data and methods used to determine level for benchmark Source data and methods used to prepare an extrapolator and other years or used to prepare an extrapolator or interpolator Product side (Gross domestic product of $10,082.2 billion for 2001) Nondefense consumption of general Perpetual-inventory calculations at current cost, based on gross government fixed capital investment and on investment prices. ($28.7 billion) State and local government ($1,229 9 billion) Consumption expenditures and All years except the 3 most recent years. Total expenditures from gross investment except those Census Bureau quinquennial census and annual surveys of State items listed below ($226.9 billion) and local governments, selectively replaced with source data that are more appropriate for the NIPA's and adjusted as follows: For coverage; for netting and grossing differences to a calendar year basis from a fiscal year basis; for other timing differences; to exclude interest, subsidies, net expenditures of government enterprises, and transfer payments; and to exclude compensation, software, and structures. The 3 most recent years. Judgmental trend. Compensation of general governFor wages and salaries, BLS annual tabulations of wages and salament employees, except ownries of employees covered by State unemployment insurance account investment (Ul); for employer contributions for social insurance, tabulations ($700.4 billion) from the Social Security Administration and other agencies administering social insurance programs; for other labor income, trade sources, Centers for Medicare and Medicaid Services; Census Bureau annual surveys of State and local government retirement funds, adjusted to a calendar year basis and Census Bureau annual surveys of State and local governments, adjusted to a calendar year basis. Consumption of general governPerpetual-inventory calculations at current cost, based on gross ment fixed capital investment and on investment prices. ($95.4 billion) Value of construction put in place from Census Bureau monthly Structures ($177.6 billion) construction survey. See the entry for software under nonresidential equipment and Software ($16.0 billion) software. See the entries for brokerage charges and for financial services Brokerage charges and financial services furnished without furnished without payment under personal consumption expenpayment ($13.6 billion) ditures for services. Same as the annual estimates. Judgmental trend. For wages and salaries, derived from BLS monthly employment times earnings from BLS employment cost index; for other compensation, judgmental trend. Same as the annual estimates. Same as the annual estimates. Same as the annual estimates. Same as the annual estimates. Income side (Gross national income of $10,221.4 billion for 2001) Compensation of employees ($5,874.9 billion)6 Wage and salary accruals ($4,950.6 billion) Private industries For most industries, BLS annual tabulations of wages and salaries For most industries, wages ($4,145.9 billion) of employees covered by State Ul; for others, wages from a variand salaries derived from ety of sources (such as the USDA for farms and the Railroad ReBLS monthly employment tirement Board for railroad transportation), adjusted for times earnings times hours; understatement of income on tax returns and for coverage differ- for others, judgmental ences. trend. Federal Government For civilians, wages from the Office of Personnel Management; for For civilians, employment from BLS and judgmental military personnel, wages from OMB's Budget of the United ($197.4 billion) trend; for military personStates. nel, DOD employment and judgmental trend. Derived from BLS monthly BLS annual tabulations of wages and salaries of employees covState and local governments employment times earnered by State Ul. ($613.5 billion) ings from BLS employment cost index. Summary NIPA Methodologies 30 October 2002 Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Annual estimates: Advance quarterly estimates: Source data and methods used to determine level for benchmark Source data and methods used to prepare an extrapolator and other years or used to prepare an extrapolator or interpolator Component Income side (Gross national income of $10,221.4 billion for 2001) Compensation of employees [Continued] Tabulations from the Social Security Administration and other Employer contributions for social insurance ($353.9 billion) agencies that administer social insurance programs. For Federal programs, BEAderived wages and salaries of employees covered by the programs; for State and local government programs judgmental trend. Other labor income ($570.4 billion) Group health insurance ($327.4 billion) Government employee retirement plans ($110.9 billion) Private pension and profit-sharing funds ($75.9 billion) Workers1 compensation ($39.2 billion) Group life insurance ($12.3 billion) All years except the 3 most recent years. Total contributions from the Centers for Medicare and Medicaid Services less employee contributions from BLS consumer expenditure survey. The 3rd most recent year. Employer costs for health insurance from Department of Health and Human Services survey The 2 years after the most recent year. BLS employer costs for employee health insurance and wages and salaries from annual tabulations of employees covered by State Ul. All years except the most recent year. For Federal plans, outlays from the Monthly Treasury Statement; for State and local government plans, Census Bureau annual surveys of State and local government retirement funds, adjusted to a calendar year basis. Most recent year. For Federal plans, same as the estimates for all years; for State and local government plans, Census Bureau annual surveys of State retirement funds, adjusted to a calendar year basis. All years except the 3 most recent years. Tabulations from the Department of Labor. The 3 most recent years. Employer costs for employee compensation from BLS or IRS tabulations of business tax returns. All years except the most recent year. Employer contributions from trade sources. The most recent year. Judgmental trend. All years except the most recent year. Group premiums and estimates of employer share from trade sources. The most recent year. Judgmental trend. Judgmental trend For Federal plans, same as the annual estimate for the most recent year; for State and local government plans, judgmental trend Judgmental trend. Judgmental trend. Judgmental trend. Proprietors' income with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj) ($727.9 billion) Farm proprietors' income with IVA ($26.7 billion) USDA data on net income derived from gross income (cash receipts from marketing, inventory change, government payments, other cash income, and nonmonetary income) less production expenses, adjusted to exclude corporate income based on USDA quinquennial census and annual survey data. Farm proprietors' income CCAdj (-$7.7billion) See the entry "Less: Capital consumption adjustment" under consumption of fixed capital. Nonfarm proprietors' income ($621.6 billion) All years except the most recent year. Income from IRS tabulations of business tax returns, adjusted for understatement of income on tax returns and for conceptual differences Most recent year. For construction, trade, and services, indicators of activity (such as value of housing put in place); for most others, judgmental trend. For crops, BEA quarterly allocation of USDA annual projections of crop output; for livestock, USDA quarterly projections of cash receipts and inventories; for both crops and livestock, quarterly allocation of USDA annual projections of government subsidy payments and production expenses. Same as the annual estimates for the most recent year. October 2002 SURVEY OF CURRENT BUSINESS 31 Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Advance quarterly estimates: Annual estimates: Source data and methods used to determine level for benchmark Source data and methods used to prepare an extrapolator and other years or used to prepare an extrapolator or interpolator Component Income side (Gross national income of $10,221.4 billion for 2001) Nonfarm proprietors' income IVA ($0.9 billion) See the entry for inventory valuation adjustment under corporate profits. Nonfarm proprietors' income CCAdj ($86.3 billion) See the entry "Less: Capital consumption adjustment" under consumption of fixed capital. Rental income of persons ($137.9 billion) For owner-occupied space Benchmark years. Derived as space rent (see entry for nonfarm Owner-occupied nonfarm housing rent, same the annual esti($139.6 billion) dwellings under services in personal consumption expenditures) mates; for depreciation, inless related expenses, including property insurance from trade terest closing costs, real source; mortgage interest and property taxes from Census Buestate dealers' commisreau decennial survey of residential finance. Other years. Same as benchmark years except that mortgage inter- sions, and taxes, based on NIPA estimates of those est is based on mortgage debt from the Federal Reserve Board times a BEA interest rate and property taxes are from Census Bu- components; for other expenses, judgmental trend. reau annual surveys of State and local tax collections Same as owner-occupied nonfarm housing, adjusted to cover only Same as the annual estimate. Tenant-occupied noniarm housing rental income accruing to persons not primarily engaged in the ($45.4 billion) real estate business from Census Bureau decennial survey of residential finance. Prepared with farm proprietors' income; see the entry for farm pro- Judgmental trend. Farms owned by nonoperator landlords ($6.8 billion) prietors' income with IVA under proprietors' income. Nonfarm nonresidential properties ($0.9 billion) Royalties ($11.7 billion) Capital consumption adjustment (-$66.5 billion) Benchmark years. Nonfarm nonresidential fixed assets from BEA Judgmental trend. capital stock series times a rate of return on capital based on IRS tabulations of business tax returns. Other years. BEA capital stock series and judgmental trend. All years except the most recent year. IRS tabulations of royalties Judgmental trend. reported on individual income tax returns. Most recent year. Judgmental trend. See entry for "Less: Capital consumption adjustment" under consumption of fixed capital. Corporate profits with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj) ($731.6 billion) For some industries in transDomestic profits before tax All years except the most recent year. Receipts less deductions portation and in finance, from IRS tabulations of business tax returns, adjusted for under($519.4 billion) judgmental trend; for othstatement of income on tax returns and for conceptual differers, same as the annual esences. timate for the most recent Most recent year. Profits from Census Bureau quarterly survey of year. (Released with the corporate profits, regulatory agency reports, and compilations of preliminary estimates of publicly available corporate financial statements. GDP for the first, second, and third quarters and the final estimate for the fourth quarter.) Estimated as part of the international transactions accounts. For di- Same as the annual estiRest-of-the-world profits before tax rect investment income, BEA surveys; for portfolio income, Treamates. (Released on same ($150.8 billion) sury Department surveys. Adjusted for NIPA coverage of U.S. schedule as domestic profterritories and Puerto Rico; see the entry for exports and imports its before tax.) of goods under net exports of goods and services. Inventory valuation adjustment (IVA) The IVA on the income side (for corporations and for nonfarm sole Same as the annual estiproprietorships and partnerships) differs from the IVA on the mates. ($5.0 billion) product side (see the entry "Change in private inventories") because the source data reflect different proportions of inventories reported on the basis of different accounting methods (such as last-in, first-out (UFO)).The income-side IVA is based on the product-side IVA, adjusted by the relationship between non-LIFO inventories from IRS tabulations of business tax returns and nonLIFO inventories from the Census Bureau. Summary NIPA Methodologies 32 October 2002 Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Annual estimates: Advance quarterly estimates: Source data and methods used to determine level for benchmark Source data and methods used to prepare an extrapolator and other years or used to prepare an extrapolator or interpolator Component Income side (Gross national income of $10,221.4 billion for 2001) Corporate profits with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj) [Continued] Capital consumption adjustment See the entry "Less: Capital consumption adjustment" under con(CCAdj) ($56.5 billion) sumption of fixed capital. Net interest ($649.8 billion) Domestic monetary interest, net ($282.3 billion) Rest-oMhe-world monetary interest, net (-$104.4 billion) Imputed interest Banks, credit agencies, and investment companies ($270.6 billion) Life insurance carriers ($201.3 billion) Business transfer payments ($42.5 billion) All years except the most recent year. For farm interest paid, USDA Derived by combining estimates of (1) interest resurveys; for residential mortgage interest paid, Census Bureau ceived by persons, (2) decennial survey of residential finance and mortgage debt from government interest paid the Federal Reserve Board times a BEA interest rate; for most and received, and (3) interother interest paid and received by business, IRS tabulations of est paid by persons. For (1), business tax returns, adjusted for misreporting on tax returns judgmental trend; for (2), and for conceptual differences. Monthly Treasury Statement Most recent year. For farm and mortgage interest paid, same as the for Federal and judgmental estimates for other years; for other interest, interest receipts and trend for State and local; for payments from regulatory agencies (such as the Federal Deposit (3), consumer debt from Insurance Corporation) and from trade sources or by applying the Federal Reserve Board BEA interest rates to interest-bearing assets or liabilities from times BEA estimates of inFederal Reserve Board flow-of-funds accounts. terest rates. Estimated as part of the international transactions accounts: For di- Same as the annual estirect investment income, BEA surveys; for portfolio income, Trea- mates. sury Department surveys. Adjusted for NIPA coverage of U.S. territories and Puerto Rico; see the entry for exports and imports of goods under net exports of goods and services. Property income earned on investment of deposits less monetary Judgmental trend. interest paid to depositors (and for mutual depositories, profits from IRS tabulations of business tax returns) from annual reports of regulatory agencies and the Federal Reserve Board. Imputed interest (financial services furnished without payment) is allocated to persons, government, and to the rest of the world on the basis of deposit liabilities from the same sources. Property income earned and profits from IRS tabulations of busi- Judgmental trend. ness tax returns, trade sources, and the Federal Reserve Board. All years except the most recent year. Payments to persons for Judgmental trend. charitable contributions, IRS tabulations of business tax returns; for other components (such as liability payments for personal injury), information from government agency reports and trade sources; payments to the rest of the world, estimated as part of the international transactions accounts. Most recent year. Payments to persons for charitable contributions and for other components, judgmental trend. Indirect business tax and nontax liability ($774.8 billion) Federal Government ($110.3 billion) For excise taxes, collections from the Bureau of Alcohol, Tobacco, and Firearms and the IRS; for customs duties, receipts from the Monthly Treasury Statement; and for nontaxes (such as fines), receipts from OMB's Budget of the United States. State and local governments ($664.4 billion) For most excise taxes, derived from indicators of activity (such as gasoline production for gasoline tax); customs duties, same as the annual estimates; for others, judgmental trend. Receipts from Census Bureau quinquennial census and annual sur- Judgmental trend. veys, adjusted to a calendar year basis from a fiscal year basis. October 2002 33 SURVEY OF CURRENT BUSINESS Table 1. Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar GDP Component Annual estimates: Advance quarterly estimates: Source data and methods used to determine level for benchmark Source data and methods used and other years or used to prepare an extrapolator or interpolator to prepare an extrapolator Income side (Gross national income of $10,221.4 billion for 2001) Subsidies less current surplus of government enterprises ($47.3 billion) For subsidies, payments by the Commodity Credit Corporation For subsidies, CCC reports Federal Government ($50.3 billion) (CCC) from agency reports and, for most other agencies, outlays and judgmental trend; for from the Monthly Treasury Statement;^ current surplus, mainly current surplus, judgmental reports of various agencies, such as the Postal Service, and con- trend and CFC estimates derived the same as the ansumption of fixed capital (CFC) estimates derived with perpetualnual estimates. inventory calculations at current cost, based on gross investment and on investment prices. For subsidies, limited to railroad and electric power, Census BuState and local governments Judgmental trend and Califorreau annual surveys of expenditures adjusted to a calendar year (-$3.1 billion) nia administrative records. basis from a fiscal year basis and California administrative records. For current surplus: For current operating receipts, mainly revenue data from Census Bureau annual surveys of State and local governments, adjusted to a calendar year from a fiscal year basis; for current operating expenditures, see the entries "Consumption expenditures and gross investment" and "Consumption of general government fixed capital" under State and local government. Consumption of fixed capital ($1,329.3 billion) Government ($222.4 billion) General government ($187.7 billion) Government enterprise ($34.8 billion) Private ($1,106.8 billion) Capital consumption allowances ($1,168.4 billion) Less: Capital consumption adjustment ($61.6 billion) Perpetual-inventory calculations at current cost, based on gross investment and on investment prices. Perpetual-inventory calculations at current cost, based on gross investment and on investment prices. Perpetual-inventory calculations at current cost, based on gross investment and on investment prices. All years except the most recent year. For depreciation of corporations and of nonfarm sole proprietorships and partnerships, IRS tabulations of business tax returns, adjusted for conceptual differences; for other depreciation (including for noncorporate farms, nonprofit institutions, and owner-occupied housing), perpetual-inventory calculations based on investment at acquisition cost; for accidental damage to fixed capital, losses reported to insurance companies and government agencies. Most recent year. For depreciation of corporations and nonfarm sole proprietorships and partnerships, BEA estimates of tax-return-based depreciation; for other depreciation and accidental damage to fixed capital, same as above. For corporations and nonfarm sole proprietorships and partnerships, the difference between tax-return-based calculations and perpetual-inventory calculations; for others (including noncorporate farms, nonprofit institutions and owner-occupied houses), the difference between perpetual-inventory calculations at historical cost and at current cost. Same as the annual estimates. Same as the annual estimates. Same as the annual estimates. Judgmental trend. Judgmental trend. mediaries except life insurance carriers." NIPA National income and product account 4. Nonresidential structures includes $3.7 billion for brokers' commissions on sales of struc1. Personal consumption expenditures (PCE) for durable and nondurable goods includes tures and net purchases of used structures. $14.0 billion for food produced and consumed on farms, standard clothing issued to military 5. Residential investment includes -$0.7 billion for other structures (dormitories, fraternity personnel, and used trucks. and sorority houses, and nurses' homes) and net purchases of used structures. 2. The Census Bureau data for retail sales include sales of gasoline service stations. The 6. Compensation of employees includes -$6.2 billion for net wage and salary accruals for the estimates of PCE for gasoline and oil are derived from the sources listed and are deducted rest of the world and $4.8 billion for supplemental unemployment, directors' fees, and judicial from the retail-control totals to derive estimates of most durable and nondurable goods. 3. This line item is also referred to as "services furnished without payment by financial inter- fees in other labor income. Summary NIPA Methodologies 34 October 2002 Table 2. Methodology Used in Preparing Estimates of Real GDP Component Deflation, using price based on CPIorPPI Other index Personal consumption expenditures Durable and nondurable goods Most durable and nondurable goods CPI except those listed below PPI for military clothing New autos CPI Net purchases of used autos New trucks Gasoline and oil Food furnished to employees (including military) Expenditures abroad by U.S. residents less personal remittances in kind to nonresidents Direct valuation. For used autos, in two parts: (1) Margin, unit sales from trade sources with dealers' margins from Census Bureau and trade sources; (2) net transactions, net change in unit stock of autos held by consumers by year of original sale, valued by depreciated original value in base-year dollars. Foreign CPI's1 Services Nonfarm dwellings: Space rent for CPI owner-occupied dwellings and rent for tenant-occupied dwellings Rental value of farm dwellings Motor vehicle repair, rental and other services; other repair services; other purchased intercity transportation; legal and funeral services; barber shops, beauty parlors, and health clubs; nursing homes; laundries; employment agency fees; accounting and tax return preparation services; recreation (except cable TV, parimutuel net receipts, lotteries, and computer online services), hotels and motels; commercial business, trade, and correspondence schools; educational services not elsewhere classified; research organizations and foundations Physicians, dentists, and other professional medical services Using quantity for extrapolation or direct valuation CPI PPI, for private for-profit nursing homes and employment agency fees CPI PPI, for physicians, home health care, and medical laboratories Extrapolation. BEA value of farm housing stock derived from USDA data on capital expenditures, depreciation, and farm dwelling construction costs. Composite index of input prices from the Centers for Medicare and Medicaid Services, for private nonprofit nursing homes; for clubs and fraternal organizations and for nonprofit research and foundation expenses, BEA composite indexes of input prices. October 2002 35 SURVEY OF CURRENT BUSINESS Table 2. Methodology Used in Preparing Estimates of Real GDP Deflation, using price based on Hnmnnnpnt CPIorPPI Other index Private nursery schools, elementary and secondary schools, day care, welfare activities, political organizations, foundations, and trade unions and professional associations Financial services furnished without payment by banks, credit agencies, and investment companies2 BEA composite indexes of input prices. Brokerage charges and investment CPI counseling, bank service charges, PPI, for stock intercity transportation except brokerage other and private higher education charges BEA index based on revenue per passenger mile from DOT and trade source and CPI for airline fares, for airline transportation; for private higher education, BEA composite index of input prices. Domestic service Public education and hospitals, water and other sanitary services, and lotteries Insurance, private hospitals, religious activities, cable TV electricity, natural gas, telephone, and local transport BEA composite index of input prices, for investment companies' "total deductions." Using quantity for extrapolation or direct valuation Extrapolation. For banks, BLS index of total output (less BEA real bank service charges); for credit agencies, paid employee hours of relevant financial institutions; for investment companies' "implicit charges," BEA orders derived from volume data from trade sources. Extrapolation. For mutual fund sales charges, value of new sales deflated by CPI. CPI CPI PPI, for public hospitals CPI PPI, private forprofit hospitals Extrapolation. For auto insurance, preBEA composite indexes of input prices, for life insurance and relimiums deflated by CPI; for medical gious activities; for private nonprofit care and hospitalization insurance, hospitals, composite index of input benefits deflated by CPI; for workers' prices from the Centers for Medicare compensation, premiums deflated by and Medicaid Services. PPI. Foreign travel by U.S. residents less CPI, for expendi- BEA composite index of foreign CPI's,1 expenditures in the United States tures in the for foreign travel; for air fares paid to by nonresidents United States foreign carriers, BLS import price index; for air fares paid to U.S. carriers, BLS international price index. Extrapolation. For parimutuel net reOther services: Motor vehicle leas- CPI ceipts, gross winnings deflated by ing; parimutuel net receipts; other housing except hotels and motels; CPI. tolls; other household operations except repairs and insurance; travel and entertainment card fees; stenographic and reproduction services; money orders and classified advertising; and computer online service Fixed investment Nonresidential structures Utilities Mining exploration, shafts, and wells PPI, for gas and petroleum pipelines Cost index from trade source, for telecommunications; for railroads, BEA price index; for other components, cost indexes from trade sources and government agencies. PPI, for casing, Implicit price deflator for nonfarm resi- Extrapolation. For drilling, footage by dential buildings, for mines. geographic area from trade source. oil and gas well drilling, oil and gas field services, and geophysical exploration Summary NIPA Methodologies 36 October 2002 Table 2. Methodology Used in Preparing Estimates of Real GDP Deflation, using price based on Component CPIorPPI Nonresidential structures [Continued] Nonfarm buildings and structures Other index Using quantity for extrapolation or direct valuation BEA index based on cost index from trade source and on Census Bureau price deflator for single-family houses under construction, for buildings; for structures, cost indexes from government agencies. Implicit price deflator, for nonfarm nonresidential buildings. Farm buildings Nonresidential equipment and software PPI, for most Equipment, except autos domestic components and for imported transportation equipment New and used autos CPI, for new autos Telephone and telegraph installation Telephone switching equipment Telephone and telegraph apparatus Software PPI, for repackaged software Residential investment Permanent-site new single-family housing units BLS import price indexes, for imported components except transportation equipment. Direct valuation. For used autos, see the entry "Net purchases of used autos" under durable and nondurable goods. BEA cost index BEA price index BEA price index BEA cost index, BLS employment cost index, and PPI, for own-account and custom software. Census Bureau price deflator for single-family houses under construction. BEA price index Permanent-site new single-family housing units Manufactured homes Improvements PPI Brokers' commissions Equipment PPI CPI BEA composite index of input prices, for major replacements; for additions and alterations, BEA index based on Census Bureau price deflator for single-family houses under construction and BEA index for major replacements. Change in private inventories Nonfarm Purchased goods of all industries PPI Work-in-process and finished goods of manufacturing Farm PPI Composite price from the Energy Information Administration (EIA), for crude petroleum; BLS import price indexes, for imported goods purchased by trade industries. BEA indexes of unit labor cost USDA average market prices Direct valuation. Quantities and prices of stocks of coal, petroleum, and natural gas for utilities from the EIA. October 2002 37 SURVEY OF CURRENT BUSINESS Table 2. Methodology Used in Preparing Estimates of Real GDP Component Deflation, using price based on CPI or PPI Other index Net exports of goods and services 3 BLS export and import price indexes; PPI, for gold; Exports and imports of goods 3 for electric energy exports and imsemiconductor exports, se- ports and for petroleum imports, unit-value indexes based on Census lected Bureau values and quantities. transportation equipment; selected agricultural foods, feeds, and beverages and selected imports of refined petroleum CPI, for travel re- Selected deflators, for military transExports and imports of services3 fers and defense expenditures; see ceipts, medi"National defense, Except consumpcal receipts, tion of general government fixed and nonresicapital" below. dent students' expenditures BLS export and import price indexes, for passenger fares; BEA composite PPI, for selected index of foreign CPI's,1 for travel other transporpayments for miscellaneous services tation and U.S. students' expenditures abroad; BLS export and import price indexes, for selected other transportation; and for royalties and fees and for other private services, BEA price indexes, CPI, PPI, and implicit price deflator for final sales to domestic purchasers. Using quantity for extrapolation or direct valuation Extrapolation. For exports of financial services furnished without payment,2 BLS index of total bank output (less BEA real bank service charges). Government consumption expenditures and gross investment Federal Government Extrapolation. For military compensaNational defense except consump- PPI, for selected BEA indexes based on DOD prices tion, full-time equivalent employpaid, for some goods and services goods and sertion of general government fixed ment by rank and length of service; and for most military structures; for vices capital for civilian compensation, full-time some services, BLS employment CPI and PPI, for equivalent employment by grade, adcost indexes; for nonmilitary strucutilities and justed for change from base year in tures, cost indexes from trade communicahours worked. sources and government agencies; tions for own-account software, BEA index Direct valuation. For some goods and derived from nondefense compensaservices and a few military struction; for custom software, BEA index tures, quantities and prices from derived from nondefense compensaDOD reports; for electricity and natution price index and PPI. ral gas, quantities from the DOE. Direct valuation. Perpetual-inventory National defense consumption of calculations based on gross investgeneral government fixed capital ment. Summary NIPA Methodologies 38 October 2002 Table 2. Methodology Used in Preparing Estimates of Real GDP Component Deflation, using price based on CPIorPPI Other index Using quantity for extrapolation or direct valuation Government consumption expenditures and gross investment [Continued] Nondefense except consumption of PPI, for most Extrapolation. For compensation, fullCost indexes from trade sources and time equivalent employment by general government fixed capital goods and segovernment agencies, for structures; grade and adjusted for change from lected services for some services, BLS employment base year in hours worked; for financost indexes; for own-account softCPI, for rent, furnished without payware, BEA index derived from nonde- cial services utilities, and 1 ment, BLS index of total bank output fense compensation; for custom communica(less BEA real bank service charges). software, BEA index derived from tions Direct valuation. For net purchases of nondefense compensation price inagricultural commodities by the CCC, dex and PPI. quantities by crop from agency reports and USDA prices; for selected petroleum transactions, DOE quantities and prices. Direct valuation. Perpetual-inventory Nondefense consumption of general calculations based on gross investgovernment fixed capital ment. State and local government Consumption expenditures and gross investment except those items listed below CPI for services BEA indexes based on Federal nondefense prices paid, for transportation, PPI for electricbooks, and postal services; for eleity, hospitals, mentary and secondary education, most professional services, welfare and libraries, BEA composite indexes of input prices; for mainteand goods nance and repair services, BEA composite price index for State and local construction. Extrapolation. For employees in education, full-time equivalent employment by education and experience, adjusted for change from base year in hours worked; for other employees, full-time equivalent employment adjusted for the change from base year Direct valuation. Perpetual-inventory calculations based on gross investment. Compensation of general government employees, except own-account investment Consumption of general government fixed capital Structures Software Brokerage charges and financial services furnished without payment BLS CPI DOE DOT PPI USDA Bureau of Labor Statistics Consumer price index Department of Energy Department of Transportation Producer price index U.S. Department of Agriculture Cost indexes from trade sources and government agencies. See the entry for software under nonresidential equipment and software. Extrapolation. See the entries for brokerage charges and for financial services under personal consumption expenditures for services. 1. The foreign CPI's have been adjusted for differences in exchange rates. 2. Also referred to as "services furnished without payment by financial intermediaries, except life insurance carriers." 3. Real net receipts of income from the rest of the world—the difference between real GDP and real gross national product—is prepared using the implicit price deflator for final sales to domestic purchasers; imputed interest paid to nonresidents is extrapolated by the BLS index of total bank output (less BEA real bank service charges). October 2002 39 U.S. International Transactions, Second Quarter 2002 By Patricia E. Abaroa and Elena L. Nguyen T HE U.S. current-account deficit—the combined balances on trade in goods and services, income, and unilateral current transfers-—increased to $130.0 billion in the second quarter of 2002 from $112.5 billion (revised) in the first quarter (table A).1 The increase was mostly attributable to an increase in the deficit on goods, as a surge in goods imports more than offset a rebound in goods exports. An increase in the deficit on income, as income payments rose more than income receipts, also contributed to the increase in the current-account deficit. In contrast, the surplus on services increased, as services receipts increased more than services payments, and net outflows for unilateral current transfers decreased. In the financial account, net recorded financial inflows—net acquisitions by foreign residents of assets in the United States less net acquisitions by U.S. residents of assets abroad—were $80.4 billion in the second quarter, compared with $87.6 billion (revised) in the first. Financial outflows for U.S.-owned assets abroad 1. Quarterly estimates of U.S. current- and financial-account components are seasonally adjusted when series demonstrate statistically significant patterns. The accompanying tables present both adjusted and unadjusted esti- increased more than financial inflows for foreignowned assets in the United States. The statistical discrepancy—errors and omissions in recorded transactions—was a positive $49.4 billion in the second quarter, following a positive $24.7 billion in the first. The following are highlights for the second quarter of2002: • Goods imports surged as a result of strong gains in all major commodities. Goods exports turned up after decreasing for six consecutive quarters. •Direct investment income payments more than doubled, and direct investment income receipts also increased. •Net foreign purchases of U.S. securities other than U.S. Treasury securities increased strongly as a result of record net foreign purchases of U.S. corporate and agency bonds. •Net financial inflows for foreign direct investment in the United States- decreased to the lowest level in more than 10 years. The decrease reflected a shift to net intercompany debt outflows and a slowdown in net equity capital inflows. Table A. Summary of U.S. International Transactions [Millions of dollars, quarters seasonally adjusted] Line Lines in tables 1 and 10 in which transactions are included are indicated in ( ) (Credits +; debits - ) 2002 2001 2000 2001 Change: 2002 l-ll I II III IV I' II" 349,040 193,284 72,720 83,036 -445,154 -306,316 -56,848 -81,990 -11,608 331,612 184,846 71,920 74,846 -418,930 -292,565 -57,525 -68,840 -11,916 309,477 173,274 69,051 67,152 -388,448 -279,025 -43,078 -66,345 -12,360 291,667 167,358 65,572 58,737 -373,174 -268,021 -52,937 -52,216 -13,579 291,348 164,649 68,603 58,096 -387,786 -271,073 -57,671 -59,042 -16,016 304,359 172,676 71,076 60,607 -421,258 -295,316 -59,049 -66,893 -13,060 13,011 8,027 2,473 2,511 -33,472 -24,243 -1,378 -7,851 2,956 Current account Exports of goods and services and income receipts (1).. Goods, balance of payments basis (3) Services (4) Income receipts (12).... Imports of goods and services and income payments (18).. Goods, balance of payments basis (20) Services (21) Income payments (29)., Unilateral current transfers, net (35).... 1,417,236 1,281,793 771,994 718,762 292,245 279,260 352,997 283,771 1,774,135 -1,625,701 1,224,417 -1,145,927 -218,503 -210,385 -331,215 -269,389 -53,442 -49,463 Capital account 10 Capital account transactions, net (39) 837 826 208 207 206 205 208 200 -8 -370,962 -4.911 ^186 -365,565 752,806 5,224 747,582 -80,036 -1,343 -783 -77,910 181,610 -20,831 202,441 -2,547 -100,088 -199 143 -100,032 250,797 5,086 245,711 -25,918 390 133 -26,441 113,496 7,641 105,855 48,258 -55,828 24,668 -140,833 -1,843 12 -139,002 221,213 47,062 174,151 49,379 -114,915 -2,233 -121 -112,561 107,717 39,421 68,296 10,701 -215,815 190 77 -216,082 302,510 4,087 298,423 20,819 24,978 -3,559 77 28,460 17,889 16,882 1,007 Statistical discrepancy (sum of above items with sign reversed) (70).. -606,489 -290 -941 -605,258 1,015,986 37,640 978,346 7 Memoranda: Balance on current account (76) Net financial flows (40 and 55) -410,341 409,497 -393,371 381,844 -107,722 86,695 -99,234 101,574 -91,331 42,867 -95,086 150,709 -112,454 87,578 -129,959 80,380 -17,505 -7,198 Financial account U.S.-owned assets abroad, net (increase/financial outflow (-)) (40) U.S. official reserve assets, net (41) U.S. Government assets, other than official reserve assets, net (46) U.S. private assets, net (50) , 4 Foreign-owned assets in the United States, net (increase/financial inflow (+)) (55).. Foreign official assets in the United States, net (56) Other foreign assets in the United States, net (63) 'Revised. " Preliminary. 24,711 U.S. International Transactions 40 U.S. dollar in exchange markets October 2002 In contrast, the U.S. dollar appreciated sharply against the currencies of several major Latin American countries that were experiencing substantial economic and financial difficulties. From the end of the first In the second quarter, the U.S. dollar depreciated 4 percent on a nominal, trade-weighted quarterly average basis against the group of seven major currencies that are widely traded in international markets (table B, chart 1). From the end of the first quarter to the end of the second quarter, the dollar depreciated sharply, falling 12 percent against the euro and 10 percent against the Japanese yen. After reaching a more than 16-year high against the group of major currencies in the first quarter, the dollar depreciated in the second quarter. Economic releases indicated that U.S. economic activity was expanding more modestly in the second quarter than in the previous two quarters. U.S. financial markets were also adversely affected by growing concerns over corporate profitability and governance. Although economic activity abroad was also weak, there were signs of recoveries in major markets in Europe, Asia, and Canada. The dollar fell to a 28-month low against the euro near the end of the second quarter. The euro benefitted from changes in interest-rate differentials in favor of owning euro-denominated assets. In addition, concerns about inflationary influences in the euro area eased, and business sentiment surveys showed signs of a possible recovery in manufacturing, despite continued weakness in Germany. The yen appreciated against the dollar, as rising exports and gains in Japanese stock market prices gave investors hope for a modest improvement in Japan's economic conditions. Japanese monetary authorities attempted to stem the yen's rise by selling yen in foreign exchange markets on seven separate occasions. CHART 1 Nominal Indexes of Foreign Currency Price of the U.S. Dollar January 1999=100 120 1998 1999 2000 2001 2002 Note.-See table 8 for definitions of Uie indexes. Monthly average rates. Data: Federal Reserve Board. Indexes rebased by BEA. U.S. Bureau of Economic Analysis Table B. Indexes of Foreign Currency Price of the U.S. Dollar (January 1999=100) 2001 June Nominal:' Broad2 Major currencies3 Other important trading partners' Real:' Broad2 Major currencies3 Other important trading partners * Selected currencies: (nominal)5 Canada European currencies: Euro area' United Kingdom Switzerland Japan Mexico Brazil July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. April May June 110.0 114.8 105.0 109.8 113.8 105.6 110.5 114.9 106.0 112.5 117.9 106.8 1107 1135 107.9 1104 1154 105.2 110.8 115.6 105.9 109.1 113.2 104.9 109.4 1127 106.1 110.2 113.7 106.6 110.6 115.1 105 9 1107 115.8 105.5 112.2 117.8 106.5 1129 118.6 107 0 112.3 1174 106 9 112.0 116.6 107.2 110.6 113.4 107.8 109.4 110.5 108.6 112.1 118.4 104 7 111.7 117.5 105.0 111.9 118.7 104.1 1137 121.8 104.5 112.2 117.4 106.0 112.6 119.1 105.1 112.9 1194 105.4 110.9 1167 1042 111.4 116.5 105.4 111 7 1174 105.0 1121 119.2 103.9 111 9 119.4 103.4 113.4 121.5 104.2 1140 122.5 104.3 1137 121 4 104.9 113.6 120.7 105.4 112.1 1172 106.0 110.8 114.2 106.7 101,4 101.8 104.0 105.0 102.3 100.3 100.8 101.3 103.2 103.4 104.8 103.9 105.3 105.1 104.5 104.1 102.0 10C.8 132.7 116.1 126.3 108.3 90.7 151.3 130.1 114,7 1220 107.2 91.3 168.9 129.6 114.4 118.9 109.3 91.2 168.7 132.2 115.7 121.3 1169 90.0 157.6 126.) 112.8 115.1 111.9 93.6 165.6 135.9 1177 128 9 108.0 89.7 157.3 134.5 116.6 126.8 109.9 90.5 163.6 128.6 1148 121.3 107.1 90.2 1662 127.2 1127 117,9 1047 93 1 177.0 128,1 113,8 118.0 107.2 92.2 181.3 130.5 114.9 119.1 108.1 91.1 168.5 130.1 114.5 119.6 1126 90.4 156.3 131.2 115.2 120.6 117.1 90.5 157.4 133 1 1160 122.5 1180 89.9 160.3 132.2 115.9 120.8 115.7 89.5 155.1 130.8 114.3 119.4 115.4 90.5 153.6 126.4 113.0 114.7 111.6 93.9 163.7 121.2 111.2 111 1 108.8 96.4 179.5 1 For more information on the nominal and real indexes of the foreign exchange value of the U S dollar, see Federal Reserve Bulletin, vol. 84 (October 1998): 811-18. 2 Weighted average of the foreign exchange value of the U.S. dollar against the currencies ol a broad group of U.S. trading partners, including the currencies ol the euro-area countries, Australia, Canada, Japan, Sweden, Switzerland, United Kingdom, Argentina, Brazil, Chile, Colombia. Mexico, Venezuela, China, Hong Kong, India, Indonesia, Korea. Malaysia, the Philippines, Singapore, Taiwan, Thailand, Israel, Saudi Arabia, and Russia. Data: Federal Reserve Board Monthly and quarterly average rates. Index rebased by BEA 3. Weighted average of the foreign exchange value of the U.S. dollar against broad-index currencies that circulate widely outside the country of issue, including the currencies of the euro-area countries, Australia, Canada, Japan, Sweden. Switzerland, and the United Kingdom. The weight tot each currency is its broad-index weight divided by the sum ol trie broad-index 2002 2001 2002 weights for all ol the currencies included in the major currency index. Data: Federal Reserve Board Monthly and quarterly average rates. Index rebased by BEA. 4 Weighted average of the foreign exchange value of the U.S. dollar against broad-index currencies that do not circulate widely outside the country of issue, including the currencies of Argentina, Brazil, Chile, Colombia, Mexico, Venezuela, China Hong Kong, India, Indonesia. Korea, Malaysia, the Philippines, Singapore. Taiwan, Thailand, Israel, Saudi Arabia, and Russia The weight lor each currency is its broad-index weight divided by the sum of the broad-index weights tor all of the currencies included in the other important trading partners index. Data: Federal Reserve Board, Monthly and quarterly average rates. Index rebased by BEA. 5 Data: Federal Reserve Board Monthly and quarterly average rates. Indexes prepared by BEA. 6 The euro area includes Auslria. Belgium, Finland, France, Germany. Greece, Ireland, Italy, Luxembourg, Netherlands Portugal, and Spain October 2002 SURVEY OF CURRENT BUSINESS quarter to the end of the second quarter, the dollar appreciated 27 percent against the Argentine peso, 22 percent against the Brazilian real, and 10 percent against the Mexican peso. The Argentine peso has lost over 60 percent of its value since it was allowed to float early this year after the Government's default on its international debt. The Brazilian real depreciated in the second quarter amid mounting concern about the country's economic and financial situation and the servicing of its large foreign debt. Current Account Goods and services The deficit on goods and services increased to $110.6 billion in the second quarter from $95.5 billion in the first. A large increase in the deficit on goods more than offset a small increase in the surplus on services. Goods The deficit on goods increased to $122.6 billion in the second quarter from $106.4 billion in the first. The deficit had also increased in the first quarter after decreases throughout 2001. In the second quarter, imports surged an unprecedented amount, and exports increased strongly; in contrast, imports and exports had decreased substantially in 2001 (chart 2). Exports. Goods exports increased $8.0 billion, or 5 percent, to $172.7 billion in the second quarter, follow- CHART 2 U.S. Trade in Goods Billion $ 350i Goods imports 300 250 200 150 100 50 I 1998 I I I 1999 2000 I I I Seasonally adjusted U.S. Bureau of Economic Analysis I 2001 I 2002 I 41 Revisions to the Estimates for the First Quarter of 2002 The international transactions accounts estimates for the first quarter of 2002 are revised from the preliminary estimates that were published in the July 2002 SURVEY OF CURRENT BUSINESS. The current-account deficit for the first quarter was virtually unrevised at $112.5 billion. The goods deficit was unrevised at $106.4 billion, the services surplus was revised to $10.9 billion from $11.6 billion, the deficit on income was revised to $0.9 billion from $1.8 billion, and unilateral current transfers were revised to net outflows of $16.0 billion from net outflows of $15.9 billion. Net recorded financial inflows were revised to $87.6 billion from $99.4 billion. ing six quarters of decline. In percentage terms, the increase was the largest in over 7 years. Real exports increased 4 percent, and export prices increased 1 percent (table C).2 Exports were spurred by an acceleration in economic activity in some foreign countries. The largest increases in exports were to Canada, where economic growth has been strong; to Asia, where recovery is underway partly due to the revival of the technology sector; and to Mexico, where signs of a rebound in economic activity recently emerged. Exports of most major end-use commodities increased in value. Industrial supplies and materials increased $3.0 billion, or 8 percent, to $39.9 billion, following five quarters of decline. Chemicals accounted for over one-third of the total increase; exports to all geographical areas, particularly to Asia, rose strongly. Metals and nonmetallic products increased substantially, largely as a result of a 24-percent rise in nonferrous metals. Exports of every other category of nonagricultural commodities also increased. Capital goods increased $2.5 billion, or 3 percent, to $73.6 billion, following six quarters of decrease. The second-quarter increase was mostly due to a surge in exports to Asia. Semiconductors increased $1.1 billion, of which 80 percent was to Asia. Several other commodity categories increased, including electric generating machinery, machine tools, and "other" industrial, agricultural, and service machinery. In contrast, computers, peripherals, and parts decreased for the seventh consecutive quarter (although only slightly), and telecommunications equipment also continued to fall. Automotive vehicles, engines, and parts increased 2. Quantity (real) estimates are calculated using a chain-type Fisher formula with annual weights for all years and quarterly weights for all quarters. Real estimates are expressed as chained (1996) dollars. Price indexes ( 1996= 100) are also calculated using a chain-type Fisher formula. U.S. International Transactions 42 $1.7 billion, or 9 percent, to $20.1 billion. The increase was the largest in both dollar and percentage terms since 1998. About two-thirds of the dollar increase was in engines and in other parts and accessories. Exports to Canada accounted for about 40 percent of the total increase, and exports to Mexico, about 30 percent. Consumer goods increased $0.5 billion, or 3 percent, to $21.1 billion, following a yearlong decline. Imports. Goods imports increased $24.2 billion, or 9 percent, to $295.3 billion in the second quarter, following a modest increase in the first quarter and substantial decreases in 2001. The second-quarter increase was a record in dollar terms and the largest in over 22 years in percentage terms. Nonpetroleum imports accounted for two-thirds of the increase, as all major commodity groups showed gains. Real imports increased 6 percent, and import prices increased 3 percent (table C). Imports increased strongly, though the recovery in U.S. economic activity in the last three quarters has been uneven. Imports of consumer goods accelerated, though domestic consumer expenditures slowed for the second consecutive quarter. Imports of automotive products rose sharply, reflecting the high level of domestic expenditures for motor vehicles in the first half of the year, partly in response to sales incentives. Imports of capital goods stepped up, reflecting a rebound in domestic business investment in the first half of the year. Consumer goods increased $5.5 billion, or 8 percent, to a record $76.8 billion. China accounted for over 60 percent of the increase. Manufactured durable goods rose $3.4 billion, of which over one-third was accounted for by household and kitchen appliances. October 2002 Manufactured nondurable goods increased $1.7 billion. Automotive vehicles, engines, and parts increased $4.2 billion, or 9 percent, to $51.8 billion. Over 60 percent of the increase was accounted for by a sharp increase in passenger cars, particularly from Germany but also from Canada, Mexico, and the United Kingdom. Most of the rest of the increase was accounted for by parts and accessories. Capital goods increased $2.9 billion, or 4 percent, marking the second consecutive quarterly increase after five quarters of decline. The second-quarter increase was mostly accounted for by a strong rise in imports from Asia. High-technology products accounted for over half of the increase in capital goods, and "other" industrial, agricultural, and service industry machinery accounted for most of the rest. Among high-technology products, telecommunications equipment increased $0.7 billion, semiconductors increased $0.6 billion, and computers and parts increased $0.2 billion. All three categories had begun to strengthen in the first quarter after decreasing for several quarters. Nonpetroleum industrial supplies and materials increased $2.9 billion, or 8 percent, to $41.6 billion in the second quarter, following little change in the first quarter and substantial declines in 2001. The second-quarter increases were widespread by commodity category. Chemicals increased $1.0 billion, reflecting increased purchases from Canada, Hungary, and Western Europe (mostly Germany). Natural gas, nonmonetary gold, and other precious metals also contributed to the second-quarter increase. Petroleum imports surged to $27.2 billion, an increase of $8.0 billion, or 42 percent, following six quar- Table c.u.s. Trade in Goods, Current and Chained (1996) Dollars, and Percent Changes from Previous Period [Balance of payments basis, millions of dollars, quarters seasonally adjusted] Chained (1996) dollars1 Current dollars 2002 2001 2000 2001 I Exports Agricultural products Nonagricultural products Imports Petroleum and products Nonpetroleum products II III 718,762 54,889 663,873 193,284 13,647 179,637 184,846 13,637 171,209 173,274 13,643 159,631 167,358 13,962 153,396 1,224,417 1,145,927 120,185 103,588 1,104,232 1,042,339 306,316 29,164 277,152 292,565 28,545 264,020 279,025 25,634 253,391 268,021 20,245 247,776 771,994 52,801 719,193 I' 164,649 13,781 150,868 172,676 13,520 159,156 769,089 70,521 699,081 205,185 17,496 187,513 271,073 19,165 251,908 295,316 1,293,416 1,246,514 27,152 89,209 86,219 268,164 1,205,086 1,152,864 324,144 22,838 300,273 820,566 68,307 751,650 2001 III IV IV I' II" 197,064 17,619 179,464 185,717 17,226 168,743 181,123 18,180 163,361 178,772 18,085 161,012 186,274 17,558 168,955 314,925 23,226 290,132 305,279 21,469 282,802 302,166 21,676 279,657 307,339 20,563 285,934 325,956 22,274 302,668 2002 1 2002 2001 2000' II III' II' Percent change from previous period (chained (1996) dollars) 2001 I 200V II" Percent change from previous period (current dollars) 2000 2002 2001 2000' I IV 2001' I' UP II' III' IV I' II" Exports Agricultural products Nonagricultural products 12.9 6.3 13.4 -6.9 4.0 -7.7 -1.6 3.2 -2.0 -4.4 -0.1 -4.7 -6.3 0.0 -6.8 -3.4 2.3 -3.9 -1.6 -1.3 -1.6 4.9 -1.9 5.5 11.6 8.2 11.8 -6.3 3.2 -7.0 -1.5 2.8 -1.9 -4.0 0.7 -4.3 -5.8 -2.2 -6.0 -2.5 5.5 -3.2 -1.3 -0.5 -1.4 4.2 -2.9 4.9 Imports Petroleum and products Nonpetroleum products 18.9 77.3 14.8 -6.4 -13.8 -5.6 -2.8 -8.2 -2.2 -4.5 -2.1 -4.7 -4.6 -10.2 -4.0 -3.9 -21.0 -2.2 1.1 -5.3 1.7 8.9 41.7 6.5 13.5 5.9 14.1 -3.6 3.5 -4.3 -1.9 5.4 -2.6 -2.8 1.7 -3.4 -3.1 -7.6 -2.5 -1.0 1.0 -1.1 1.7 -5.1 2.2 6.1 8.3 5.9 'Revised. Preliminary. 1. Because chain indexes use weights of more than one period, the corresponding chained dollar estimates are usually not additive. NOTE. The chained-dollar estimates are revised to incorporate the results ot the recent annual revision of the national income and product accounts. p October 2002 SURVEY OF CURRENT BUSINESS ters of decline. The increase, a record in dollar terms and a near-record in percentage terms, was due to sharply higher prices and an increase in volume. Petroleum prices jumped to $24.03 per barrel from $18.40 per barrel in the first quarter, and the average number of barrels imported daily increased to 12.38 million from 11.44 million (chart 3). Most of the increase in value was accounted for by non-OPEC members, mainly Canada, Mexico, and the United Kingdom. Balances by area. By area, the goods deficit with Western Europe increased $7.2 billion as a result of an increase in imports and a decrease in exports. The deficit with China increased $4.5 billion, as a substantial jump in imports more than offset an increase in exports. The deficit with Latin America rose $2.1 billion. Services The surplus on services increased $1.1 billion, to $12.0 billion, in the second quarter. Receipts increased $2.5 billion, to $71.1 billion, and payments increased $1.4 billion, to $59.0 billion. After rebounding strongly in the first quarter, travel receipts and payments increased only modestly in the second quarter and were still well below year-earlier levels. In the second quarter, receipts increased $0.2 billion, to $17.2 billion, and payments increased $0.1 billion, to $14.7 billion. "Other" transportation receipts increased $0.2 billion, to $7.0 billion. After falling throughout 2001, receipts rebounded in the first half of 2002, largely as a result of increases in goods exports and imports that raised the demand for port and freight services. In the second quarter, air port services rose as a result of in- U.S. Petroleum Imports, Quantity and Price Millions of barrels per day Price 14 $35 Total quantity (left scale). $30 $25 $20 $15 " Average price per barrel (right scale) I 1998 1999 U & Bureau of Economc Analysis 2000 j i 2001 j 2002 i $0 43 creases in the price of jet fuel and in import and export volume. An increase in freight services reflected increases in air, truck, and ocean freight services. "Other" transportation payments increased $0.9 billion, to $9.7 billion, the first quarterly increase since the third quarter of 2000. The rebound was largely attributable to increases in ocean freight and in air port services. "Other" private service receipts increased $1.4 billion, to $28.8 billion. Affiliated services accounted for $0.9 billion of the increase, reflecting higher receipts of both U.S. parents and U.S. affiliates of foreign parents. "Other" private service payments increased $0.4 billion, to $19.5 billion. Unaffiliated services more than accounted for the increase, rising $0.7 billion. Most of the increase was due to a rise in insurance premium payments. Income The deficit on income increased $5.3 billion, to a record $6.3 billion in the second quarter. The balance on income has been volatile, especially since early 2001, and has been subject to significant revisions as new and updated source data have become available. In the first quarter of 2002, the balance on income shifted to a deficit, and in the second quarter, the deficit widened. Income receipts increased $2.5 billion, to $60.6 billion, in the second quarter, largely because of a rise in direct investment receipts. Income payments increased $7.9 billion, to $66.9 billion, mostly because of a strong increase in direct investment payments. Receipts of income on U.S. direct investment abroad increased $2.5 billion, to $31.1 billion (chart 4). After falling throughout 2001, direct investment receipts recovered in the first half of 2002 but remained well below the levels in 2000. The second-quarter increase was attributable to a rise in earnings that was widespread among major industries. Geographically, the largest earnings increases were from foreign affiliates in Western Europe, Asia, and Canada. Increases in Latin America were due to decreased losses in Argentina. Payments of income on foreign direct investment in United States rose $6.9 billion, to $13.5 billion. After declining sharply from mid-2000 to the end of 2001, direct investment payments recovered strongly in the first half of 2002 as many U.S. affiliates made profits after posting losses over several quarters. In the second quarter, earnings increased $6.6 billion. Earnings in manufacturing and in "other" industries increased the most; all subindustries within those categories posted increases. Earnings in the petroleum industry also increased, largely as a result of a rise in petroleum prices. "Other" private receipts increased $0.2 billion, to $28.2 billion, after declining sharply for five quarters. U.S. International Transactions 44 October 2002 Capital Account CHART 4 Capital account transactions were net inflows of $0.2 billion in the second quarter, virtually unchanged from the first. Direct Investment Income Billion $ 50 Financial Account Net recorded financial inflows—net acquisitions by foreign residents of assets in the United States less net acquisitions by U.S. residents of assets abroad—were $80.4 billion in the second quarter, compared with $87.6 billion (revised) in the first. Financial outflows for U.S.-owned assets abroad increased more than financial inflows for foreign-owned assets in the United States. U.S.-owned assets abroad 1998 1999 2000 2001 2002 Seasonally adjusted U.S. Bureau of Economic Analysis The second-quarter increase was due to higher outstanding holdings and balances. The largest increases were in dividends on U.S. holdings of foreign stocks and in interest on U.S. bank claims. These increases were partly offset by a decrease in interest receipts on U.S. holdings of foreign bonds. After falling sharply for five quarters, "other" private payments increased $0.8 billion, to $32.5 billion, in the second quarter. The second-quarter increase was mostly due to higher outstanding holdings and balances. Increases in interest on nonbank liabilities and in dividends on foreign holdings of U.S. stocks more than offset a decline in interest payments on foreign holdings of U.S. corporate bonds. Unilateral current transfers Unilateral current transfers were net outflows of $13.1 billion in the second quarter, down from net outflows of $16.0 billion in the first. The decrease was more than accounted for by a decline in U.S. Government grants. Net U.S.-owned assets abroad increased $140.8 billion in the second quarter, following an increase of $25.9 billion in the first. U.S. claims on foreigners reported by U.S. banks and nonbanking concerns shifted to substantial net outflows, and transactions in foreign securities shifted to net U.S. purchases from net U.S. sales. U.S. official reserve assets. U.S. official reserve assets increased $1.8 billion in the second quarter, in contrast to a decrease of $0.4 billion in the first (table D). Most of the second-quarter increase was accounted for by a $1.6 billion increase in the U.S. reserve position in the International Monetary Fund (IMF), reflecting dollar lending by the IMF to Brazil and Turkey. Claims reported by banks and by nonbanks. U.S. claims on foreigners reported by U.S. banks increased $72.7 billion in the second quarter, in contrast to a decrease of $0.7 billion in the first (chart 5). The second-quarter increase reflected a sharp increase in banks' own lending overseas and an upswing in banks' domestic customers' claims. Banks' own claims payable in dollars increased $52.6 billion in the second quarter, following a $5.1 billion increase in the first. The second-quarter increase was largely accounted for by a sharp increase in interbank lending, particularly by foreign-owned banks in the United States to their own offices abroad, mostly in Western Europe. The increase in claims re- Table D. Selected Transactions with Official Agencies (Millions of dollars) 2001 2000 I Changes in foreign official assets in the United States, net (decrease - ) (table 1, line 56) Industrial countries' Members of OPEC2 Other countries Changes in U.S. official reserve assets, net (increase -) (table 1, line 41) 37,640 14,089 12 000 11,551 -290 2002 2001 5,224 -1,616 -1,725 8,565 —4.911 II 4,087 -7,273 673 10,687 190 -20,831 -10.007 -1,699 -9,125 -1,343 III IV 1' II •' 16,882 7,199 -4.081 13,764 -3,559 5,086 8,465 3,382 -6,761 -199 7.641 5.222 -8.532 10,951 390 47,062 20,956 993 25,113 -1,843 'Revised. c Preliminary 1. Western Europe. Canada, Japan. Australia. New Zealand, and South Africa 2. Based on data !or Ecuador. Venezuela. Indonesia, and other Asian and African oil-exporting countries Excludes Ecuador rjegmnmg January 1993 and Gaoon beginning January 1995 Change: 2002 l-ll 39,421 15,734 9.525 14.162 -2,233 October 2002 fleeted a rebound in the international syndicated loan market and may also have reflected bank lending to support increased foreign acquisitions of U.S. securities. Claims were also boosted by banks' extension of credit to borrowers who were unable to access the commercial paper and securities markets because of investors' heightened risk aversion. Securities brokers' and dealers' claims increased strongly, partly in the form of resale agreements with offshore investment funds in the Caribbean. Banks' domestic customers' claims payable in dollars increased $13.7 billion, in contrast to a decrease of $9.4 billion in the first quarter. The second-quarter increase was more than accounted for by large increases in banks' customers' holdings of foreign commercial paper and of other negotiable instruments. Nonbanking concerns' claims increased $27.0 billion in the second quarter, following virtually no change in the first. The increase was mostly in the form of deposits at Caribbean banking centers. Foreign securities. Transactions in foreign securi- CHART 5 Financial Flows, 2000:1-2002: Billion $ 250 200 150 FLOWS FOR FOREIGN-OWNED ASSETS IN THE UNITED STATES, NET • • K • 45 SURVEY OF CURRENT BUSINESS Foreign direct investment in the United States U.S. securities U.S. liabilities reported by U.S. banks U.S. liabilities reported by U.S nonbanks ties shifted to net U.S. purchases of $10.0 billion in the second quarter from net U.S. sales of $2.0 billion in the first. A shift to net U.S. purchases of foreign stocks more than offset an increase in net U.S. sales of foreign bonds. Transactions in foreign stocks shifted to net U.S. purchases of $20.2 billion from net U.S. sales of $1.5 billion. (There were no large merger-related exchanges of stocks in the second quarter, compared with $1.8 billion of these exchanges in the first.) Transactions with several countries and areas shifted to net U.S. purchases from net sales, although major world stock markets continued to be pressured by ongoing troubles in the telecommunication, media, and technology sectors and by weak global economic activity (chart 6). In local currency terms, foreign stock prices decreased an average of 12 percent. European stock prices fell sharply because of disappointing corporate earnings and weak economic activity in Europe. The Japanese market fared somewhat better, but prices still declined, partly in response to concerns that the yen's appreciation might hurt Japanese exports. Emerging-market stock prices were negatively affected by political and economic problems in Latin America and by a general rise in risk aversion. Net U.S. sales of foreign bonds increased to $10.2 billion in the second quarter from $0.6 billion in the first. Despite a decline in borrowing costs, new foreign issues in the United States fell to a 2-year low, as inves- CHART 6 Selected Stock Price Indexes in Local Currencies January 1998=100 160 United States -100 2000:1-2002:11 2000:1-2002:11 2000:1-2002:11 2000:1-2002:11 -250 140 FLOWS FOR U.S.-OWNED ASSETS ABROAD, NET -200 • * • • U.S. direct investment abroad Foreign securities US. claims reported by US banks U.S. claims reported by U.S. nonbanks -150 Financial outflows (- -100 -50 0 Illllllllllllll I. Financial inflows (+] 50 1998 100 2000:1-2002:11 2000:1-2002:11 2000:1-2002:11 U.S. Bureau of Economic Analysis 2000:1-2002:11 1999 2000 Source: Morgan Stanley Capital International. Indexes rebased by BEA. U.S. Bureau ol Economic Analysis 2001 2002 46 U.S. International Transactions tors' heightened risk aversion limited issuance to only the highest rated borrowers. Net U.S. sales of outstanding foreign bonds increased to $7.1 billion from $1.9 billion, partly reflecting sales of issues denominated in foreign currency. Direct investment. Financial outflows for U.S. direct investment abroad were $29.4 billion in the second quarter, nearly unchanged from $29.3 billion in the first. Net equity capital outflows decreased to $6.1 billion from $9.5 billion, reflecting the absence of large U.S. acquisitions of foreign companies. In contrast, net intercompany debt outflows increased to $5.5 billion from $2.0 billion. Reinvested earnings were nearly unchanged at $17.7 billion. Foreign-owned assets in the United States Net foreign-owned assets in the United States increased $221.2 billion in the second quarter, following an increase of $113.5 billion in the first. U.S. liabilities to foreigners reported by U.S. banks increased after a first-quarter decrease, and net foreign purchases of U.S. securities increased substantially. Foreign official assets. Foreign official assets in the United States increased $47.1 billion in the second quarter, following an increase of $7.6 billion in the first. Assets of industrial countries increased $21.0 billion, partly as a result of official interventions in the foreign-exchange market in an effort to limit the appreciation of the Japanese yen. Assets of non-OPEC developing countries increased $25.1 billion, and assets of OPEC members increased $1.0 billion. Liabilities reported by banks and by nonbanks. U.S. liabilities to foreigners reported by U.S. banks, excluding U.S. Treasury securities, increased $34.9 billion in the second quarter, in contrast to a decrease of $11.1 billion in the first. The second-quarter increase was due to a resurgence in interbank borrowing, an acceleration in borrowing by securities brokers and dealers, and an increase in banks' custody liabilities. Banks' own liabilities payable in dollars increased $19.6 billion in the second quarter, in contrast to a decrease of $8.3 billion in the first. The second-quarter increase was partly in the form of repurchase agreements, which banks and securities brokers and dealers may have used to finance an expansion of their holdings of U.S. securities. The increase in liabilities also helped to finance the pickup in international lending by U.S. banks. Banks' custody liabilities payable in dollars increased $6.5 billion in the second quarter, in contrast to a decrease of $4.2 billion in the first. Most of the increase was in negotiable and readily transferable instruments. October 2002 Nonbanking concerns' liabilities increased $26.0 billion, following an increase of $32.3 billion. The second-quarter increase was largely accounted for by an increase in nonbank borrowing. U.S. Treasury securities. Transactions in U.S. Treasury securities except those for official assets shifted to net foreign purchases of $1.4 billion in the second quarter from net foreign sales of $7.3 billion in the first. U.S. Treasury bond prices advanced 3 percent, reflecting lackluster economic reports, weakened investor confidence, and heightened risk aversion. Net foreign purchases of U.S. Treasury securities in June, when uncertainty in U.S. financial markets was high, more than offset net foreign sales in April and May. Net purchases from Japan and Caribbean offshore investment funds were largely offset by net sales from Western Europe. Other U.S. securities. Net foreign purchases of U.S. securities other than Treasury securities were $103.8 billion in the second quarter, up from $71.1 billion in the first. Net foreign purchases of U.S. bonds increased to a record level, while net foreign purchases of U.S. stocks decreased to the lowest level in more than 3 years. Net foreign purchases of U.S. corporate and other bonds doubled to a record $92.3 billion. Weakness in the U.S. stock market and historically low yields on U.S. Treasury securities prompted some foreign investors to shift funds into the high-quality U.S. corporate and agency bond markets, where yields were higher and levels of risk were acceptable. Investment-grade bonds outperformed noninvestment-grade bonds by a large margin, reflecting deteriorating credit quality and rising liquidity risks in the corporate bond sector. Several prominent companies had already been downgraded to noninvestment-grade status, and many others were on the verge of being downgraded. Prices of U.S. agency bonds and investment-grade corporate bonds increased 3 percent and 1 percent, respectively, whereas prices of noninvestment-grade bonds decreased 9 percent. Net foreign purchases of U.S. agency bonds increased to a record $32.4 billion from $2.7 billion. The increase coincided with a general rise in demand for agency bonds, which resulted in a further narrowing of the spread between agency bonds and Treasury bonds. Over the past few years, agency bonds have grown in importance as viable alternatives to U.S. Treasury bonds because of their similar quality and liquidity. New U.S. corporate bond issues sold abroad increased to $23.2 billion from $21.2 billion, reflecting foreign investors' strong demand for quality U.S. issues and U.S. corporate borrowers' continued attraction to the October 2002 SURVEY OF CURRENT BUSINESS low cost of long-term debt. Net foreign purchases of other outstanding U.S. corporate bonds increased to $36.8 billion from $22.2 billion. Net foreign purchases of U.S. stocks decreased to $11.4 billion from $25.0 billion. (There were no large merger-related exchanges of stocks in the second quarter, compared with $6.6 billion of these exchanges in the first.) U.S. stock prices fell sharply, partly as a result of indications that U.S. economic activity was expanding more modestly than previously expected and of a decline in investors' confidence about the quality of U.S. corporate earnings. In the first half of the quarter, heightened political tensions in the Middle East weakened investor confidence, contributing to a sharp Data Availability Interactive access to the estimates that are presented in tables 1-10a of the U.S. international transactions accounts is available on BEA's Web site at <www.bea.gov>. You may view the most recent quarterly estimates (annual estimates for table 10a) for an entire table with a single mouse click, or you may select the period, frequency, and line items that you wish to view. The estimates are available as an HTML table or as comma-separated values that can be downloaded and imported into a spreadsheet or database. The current and historical estimates in tables l-10a are also available as compressed files on BEA's Web site; click on "Catalog of Products>" and look under "International Accounts Products," "Balance of Payments." The estimates are also available on diskettes. For more information, call BEA's Order Desk at 1-800704-0415 (outside the United States, call 202-6069666). 47 sell-off in the U.S. stock market. Later, the market tumbled because of a series of earnings restatement announcements and of renewed concerns over corporate accounting and governance issues that partly arose from the bankruptcy of a prominent U.S. telecommunications company. From the end of the first quarter to the end of the second quarter, the S&P 500 index dropped 14 percent; the DJIA, 11 percent; and the NASDAQ, 21 percent. The decrease in net foreign purchases of U.S. stocks was more than accounted for by a shift to net sales by Western Europe from net purchases. It was the first quarter in 7 years that Western Europe had net sales of U.S. stocks. In contrast, net purchases by Japan increased substantially. U.S. currency flows. Net U.S. currency shipments to foreigners were $7.2 billion in the second quarter, up from $4.5 billion in the first. Shipments to Argentina increased as the value of the peso continued to decline because of the country's financial and economic problems. Direct investment. Net financial inflows for foreign direct investment in the United States were $1.0 billion in the second quarter, down from $16.2 billion in the first. The sharp decrease was more than accounted for by a shift in intercompany debt to record net outflows of $12.7 billion from net inflows of $10.6 billion. Net equity capital inflows decreased from $11.0 billion to $8.6 billion, the lowest level since the second quarter of 1995. The decrease in net equity capital inflows reflected the continued weakness in cross-border merger and acquisition activity. In contrast, reinvested earnings shifted to a positive $5.1 billion from a negative $5.3 billion. Tables 1-10 follow. U.S. International Transactions 48 October 2002 Table 1. U.S. International Transactions [Millions of dollars] Seasonally adjusted Not seasonally adjusted (Credits+, debits-) 1 Line 2001 2002 2001 2001 2002 II" 1,281,793 347,304 332,942 306,844 294,703 289,712 305,507 349,040 331,612 309,477 291,667 291,348 304,359 998,022 263,736 258,016 239,744 236,526 231,262 244,775 266,004 256,766 242,325 232,930 233,252 243,752 Goods, balance of payments basis 2 718,762 192,909 187,647 167,292 170,914 163,810 175,507 193,284 184,846 173,274 167,358 164,649 172,676 Services 3 Transfers under U.S. military agency sales contracts 4 279,260 12,220 70,827 2,806 70,369 3,227 72,452 3,079 65,612 3,108 67,452 2,990 69,268 3,117 72,720 2,806 71,920 3,227 69,051 3,079 65,572 3,108 68,603 2,990 71,076 3,117 73,119 18,007 28,306 18,299 4,639 7,163 20,276 4,788 7,168 20,628 5,100 7,308 13,916 3,480 6,667 15,056 3,842 6,523 17,605 4,156 7,022 20,735 5,007 7,495 19,803 4,849 7,170 17,845 4,522 6,968 14,736 3,629 6,674 17,038 4,171 6,805 17,200 4,209 7,027 38,668 108,109 831 9,428 28,270 222 9,534 25,175 201 9,314 26,809 214 10,392 27,855 194 9,651 29,195 195 10,291 26,878 199 9,717 26,738 222 9,743 26,927 201 9,537 26,886 214 9,672 27,559 194 9,931 27,473 195 10,490 28,834 199 283,771 281,389 125,996 151,832 3,561 83,568 82,976 35,713 46,281 982 74,926 74,333 33,217 40,398 718 67,100 66,503 30,084 35,494 925 58,177 57,577 26,982 29,659 936 58,450 57,839 28,946 27,994 899 60,732 60,118 31,326 28,162 630 83,036 82,444 35,270 46,281 893 74,846 74,253 33,078 40,398 111 67,152 66,555 30,211 35,494 850 58,737 58,137 27,436 29,659 1,042 58,096 57,485 28,679 27,994 812 60,607 59,993 31,145 28,162 686 593 597 Exports of goods and services and income receipts Exports of goods and services Travel Passenger fares Other transportation Royalties and license fees 5 Other private services 5 U.S. Government miscellaneous services Income receipts Income receipts on U.S.-owned assets abroad Direct investment receipts Other private receipts U.S. Government receipts Compensation of employees 2,382 592 593 597 600 611 614 592 600 611 614 -1,625,701 -433,352 -419,632 -394,713 -378,004 -373,988 -421,705 -445,154 -418,930 -388,448 -373,174 -387,786 -421,258 -1,356,312 -351,464 -350,111 -328,351 -326,386 -315,033 -354,132 -363,164 -350,090 -322,103 -320,958 -328,744 -354,365 -1,145,927 -210,385 -15,198 -298,773 -52,691 -3,548 -290,463 -59,648 -3,512 -281,518 -46,833 -3,785 -275,173 -51,213 -4,353 -261,179 -53,854 -4,488 -293,186 -306,316 -60,946 -56,848 -4,750 -3,548 -292,565 -57,525 -3,512 -279,025 -43,078 -3,785 -268,021 -52,937 -4,353 -271,073 -57,671 -4,488 -295,316 -59,049 -4,750 Travel Passenger fares Other transportation -60,117 -22,418 -38,823 -13,545 -5,237 -10,064 -18,466 -6,763 -10,057 -17,253 -6,571 -9,608 -10,853 -3,847 -9,094 -12,389 -4,609 -8,457 -16,297 -5,635 -9,631 -16,003 -5,810 -10,521 -16,698 -6,213 -10,130 -14,468 -5,944 -9,178 -12,948 -4,451 -8,997 -14,587 -5,113 -8,858 -14,682 -5,126 -9,747 Royalties and license fees 5 Other private services 5 U.S. Government miscellaneous services -16,359 -54,588 -2,882 -3,990 -15,584 -723 -3,939 -16,185 -726 -3,956 -4,934 -726 -4,474 -17,885 -707 -4,653 -18,517 -741 -4,422 -19,486 -725 -4,097 -16,146 -723 -4,038 -16,208 -726 -4,113 -4,864 -726 -4,110 -17,371 -707 -4,764 -19,120 -741 -4,522 -19,497 -725 -269,389 -81,888 -69,521 -66,362 -51,618 -58,955 -67,573 -81,990 -68,840 -66,345 -52,216 -59,042 -66,893 -260,850 -23,401 -156,784 -80,665 -8,539 -79,875 -13,015 -45,512 -21,348 -2,013 -67,503 -6,022 -40,886 -20,595 -2,018 -64,174 -6,267 -38,156 -19,751 -2,188 -49,298 1,903 -32,230 -18,971 -2,320 -56,822 -6,629 -31,679 -18,514 -2,133 -65,410 -14,263 -32,475 -18,672 -2,163 -79,881 -13,021 -45,512 -21,348 -2,109 -66,727 -5,246 -40,886 -20,595 -2,113 -64,210 -6,303 -38,156 -19,751 -2,135 -50,035 1,166 -32,230 -18,971 -2,181 -56,803 -6,610 -31,679 -18,514 -2,239 -64,621 -13,474 -32,475 -18,672 -2,272 -49,463 -11,628 -5,798 -32,037 -11,827 -2,419 -1,167 -8,241 -11,250 -2,522 -934 -7,794 -12,157 -2,905 -1,027 -8,225 -14,229 -3,782 -2,670 -7,777 -16,381 -6,273 -1,330 -8,778 -12,336 -3,111 -1,006 -8,219 -11,608 -2,419 -1,316 -7,873 -11,916 -2,522 -1,291 -8,103 -12,360 -2,905 -1,305 -8,150 -13,579 -3,782 -1,886 -7,911 -16,016 -6,273 -1,348 -8,395 -13,060 -3,111 -1,357 -8,592 826 208 207 206 205 208 200 208 207 206 205 208 200 -370,962 -218,586 -142,649 -215,815 Imports of goods and services and income payments Imports of goods and services Goods, balance of payments basis 2 3 Services Direct defense expenditures Income payments Income payments on foreign-owned assets in the United States Direct investment payments Other private payments U.S. Government payments Compensation of employees Unilateral current transfers, net U.S. Government grants 4 U.S. Government pensions and other transfers Private remittances and other transfers 6 Capital and financial account Capital account 39 Capital account transactions, net.. Financial account -81,594 23,140 -93,922 -28,121 -80,036 24,978 -100,088 -25,918 -140,833 U.S. official reserve assets, net Gold 7 Special drawing rights Reserve position in the International Monetary Fund Foreign currencies -4,911 190 -1,343 -3,559 -199 390 -1,843 190 -1,343 -3,559 -199 390 -1,843 -630 -3,600 -681 -189 574 -195 -156 -1,015 -172 -145 -3,242 -172 -140 83 -142 -109 652 -153 -107 -1,607 -129 -189 574 -195 -156 -1,015 -172 -145 -3,242 -172 -140 83 -142 -109 652 -153 -107 -1,607 -129 U.S. Government assets, other than official reserve assets, net U.S. credits and other long-term assets Repayments on U.S. credits and other long-term assets 8 U.S. foreign currency holdings and U.S. short-term assets, net -486 -4,431 3,873 72 77 -1,094 1,071 100 -783 -1,330 573 -26 77 -1,011 1,118 -30 143 -996 1,111 28 133 -853 994 -8 12 -565 553 24 11 -1,094 1,071 100 -783 -1,330 573 -26 77 -1,011 1,118 -30 143 -996 1,111 28 133 -853 994 -8 12 -565 553 24 -365,565 -127,840 -94,662 -218,853 -26,285 -26,895 -79,468 -36,689 -51,764 26,622 -43,562 10,087 -93,866 -21,304 -26,090 -28,644 -31,483 2,047 -140,818 -216,082 -31,179 -23,514 -9,987 -26,895 -77,910 -35,131 -51,764 28,460 -41,724 10,087 -100,032 -27,470 -26,090 -26,441 -29,280 2,047 -139,002 -29,363 -9,987 -14,358 -128,705 -51,759 -113,914 9,670 -685 -9,479 69,576 37,210 -83,682 65 727 -26,976 -72,676 -51,759 -113,914 9,670 -685 -9,479 69,576 37,210 -83,682 65 111 -26,976 -72,676 U.S.-owned assets abroad, net (increase/financial outflow (-)) U.S. private assets, net Direct investment Foreign securities U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns U.S. claims reported by U.S. banks, not included elsewhere.... Foreign-owned assets in the United States, net (increase/ financial inflow (+)) 752,806 303,125 182,749 18,136 248,796 113,921 222,431 302,510 181,610 17,889 250,797 113,496 221,213 Foreign official assets in the United States, net U.S. Government securities U.S. Treasury securities 9 Other 10 Other U.S. Government liabilities 11 U.S. liabilities reported by U.S. banks, not included elsewhere Other foreign official assets n 5,224 31,665 10,745 20,920 -1,882 -30,278 5,719 4,087 2,547 -1,027 3,574 -676 1,213 1,003 -20,831 -10,866 -20,798 9,932 -791 -10,202 1,028 16,882 15,594 15,810 -216 89 -782 1,981 5,086 24,390 16,760 7,630 -504 -20,507 1,707 7,641 6,714 -582 7,296 -790 991 726 47,062 21,741 15,193 6,548 -20 24,415 926 4,087 2,547 -1,027 3,574 -676 1,213 1,003 -20,831 -10,866 -20,798 9,932 -791 -10,202 1,028 16,882 15,594 15,810 -216 89 -782 1,981 5,086 24,390 16,760 7,630 -504 -20,507 1,707 7,641 6,714 -582 7,296 -790 991 726 47,062 21,741 15,193 6,548 -20 24,415 926 Other foreign assets in the United States, net Direct investment U.S. Treasury securities U.S. securities other than U.S. Treasury securities U.S. currency U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns U.S. liabilities reported by U.S. banks, not included elsewhere 747,582 130,796 -7,670 407,653 23,783 299,038 44,204 -4,744 129,990 2,311 203,580 52,241 -14,685 113,556 2,772 1,254 14,455 -15,470 64,787 8,203 243,710 19,896 27,229 99,320 10,497 106,280 16,648 -7,282 71,095 4,525 175,369 2,184 1,386 103,771 7,183 298,423 43,589 -4,744 129,990 2,311 202,441 51,102 -14,685 113,556 2,772 1,007 14,208 -15,470 64,787 8,203 245,711 21,897 27,229 99,320 10,497 105,855 16,223 -7,282 71,095 4,525 174,151 966 1,386 103,771 7,183 82,353 110,667 111,644 15,633 -5,307 55,003 -25,154 -45,567 1,170 85,598 32,345 -11,051 25,956 34,889 111,644 15,633 -5,307 55,003 -25,154 -45,567 1,170 85,598 32,345 -11,051 25,956 34,889 10,701 13,128 -3,422 58,544 -57,549 14,649 48,552 20,819 7,691 -2,547 875 48,258 -10,286 -55,828 1,721 24,668 10,019 49,379 827 -427,165 68,875 -358,290 14,382 -49,463 -105,864 18,136 -87,728 1,680 -11,827 -102,816 10,721 -92,095 5,405 -11,250 -114,226 25,619 -88,607 738 -12,157 -104,259 14,399 -89,860 6,559 -14,229 -97,369 13,598 -83,771 -505 -16,381 -117,679 8,322 -109,357 -6,841 -12,336 -113,032 15,872 -97,160 1,046 -11,608 -107,719 14,395 -93,324 6,006 -11,916 -105,751 25,973 -79,778 807 -12,360 -100,663 12,635 -88,028 6,521 -13,579 -106,424 10,932 -95,492 -946 -16,016 -122,640 12,027 -110,613 -6,286 -13,060 -393,371 -97,875 -97,940 -100,026 -97,530 -100,657 -128,534 -107,722 -99,234 -91,331 -95,086 -112,454 -129,959 70 Statistical discrepancy (sum of above items with sign reversed) 70a Of which: Seasonal adjustment discrepancy Memoranda: Balance on goods (lines 3 and 20) Balance on services (lines 4 and 21) Balance on goods and services (lines 2 and 19) Balance on income (lines 12 and 29) Unilateral current transfers, net (line 35) Balance on current account (lines 1,18, and 35 or lines 73,74, and 75)13 Seethe footnotes on page 66. October 2002 49 SURVEY OF CURRENT BUSINESS Table 2. U.S. Trade in Goods [Millions of dollars] Not seasonally adjusted Line 2001 2001 Seasonally adjusted 2002 2001 2002 \\P II" Balance of payments adjustments to Census trade data: EXPORTS Exports of goods, Census basis 1 including reexports and including military grant shipments 729,100 195,262 190,280 169,954 173,604 166,472 178,177 195,638 187,478 175,936 170,048 167,310 175,346 Adjustments: Private gift parcel remittances Gold exports, nonmonetary Inland U.S. freight to Canada U.S.-Canadian reconciliation adjustments, n.e.c, net 2 Exports transferred under U.S. military agency sales contracts identified in Census documents 3 508 132 126 120 130 113 111 132 126 120 130 113 111 -7,935 -2,080 -679 -2,072 -2,053 -1,853 -1,771 -1,853 -748 -722 -928 -714 -2,012 -770 -2,053 -770 -2,080 -679 -2,072 -2,911 -1,771 -714 -2,012 Other adjustments, net 4 -748 -722 Equals: Exports of goods, adjusted to balance of payments basis, excluding 'military" (table 1 , line 3) 718,762 192,909 187,647 167,292 170,914 163,810 175,507 193,284 172,676 184,846 173,274 167,358 164,649 1,140,999 297,045 288,533 280,836 274,585 260,441 292,263 304,588 290,634 278,344 294,393 267,433 270,335 IMPORTS Imports of goods, Census basis 1 (general imports) Adjustments: Electric energy Gold imports, nonmonetary Inland freight in Canada U.S.-Canadian reconciliation adjustment, n.e.c, net 2 Imports of U.S. military agencies identified in Census documents 3 Other adjustments, net 5 6 Equals: Imports of goods, adjusted to balance of payments basis, excluding "military" (table 1 , line 20) 25 2,221 3,609 7 1,012 950 14 1,198 956 4 5 863 6 840 893 -871 -56 -225 -16 -219 -19 -195 5 -232 -26 -136 -26 1,145,927 1 6 3 150 -161 -58 7 1,012 950 14 1,198 956 4 5 863 6 840 893 -225 -16 -219 -19 -195 5 -232 -26 -136 -26 1 6 3 150 -161 -58 298,773 290,463 281,518 275,173 261,179 293,186 306,316 292,565 279,025 268,021 271,073 295,316 B Trade in goods, by area and country, adjusted to balance of payments basis, excluding military: 7 EXPORTS Total, all countries (A-8).. 187,647 167,292 170,914 163,810 175,507 193,284 184,846 173,274 167,358 164,649 172,676 718,762 192,909 Western Europe European Union Belgium and Luxembourg France Germany 8 Italy Netherlands United Kingdom Other Western Europe, excluding EU.. 171,421 155,788 13,846 19,716 29,365 9,715 19,327 39,701 24,118 15,633 47,725 42,898 3,624 5,610 8,214 2,753 5,488 10,338 6,871 4,827 45,842 40,703 3,677 5,016 7,374 2,399 4,954 11,301 5,982 5,139 37,586 35,124 3,440 4,209 6,873 2,119 4,132 9,268 5,083 2,462 40,268 37,063 3,105 4,881 6,904 2,444 4,753 8,794 6,182 3,205 39,414 36,165 3,154 5,182 6,598 2,363 4,608 8,265 5,995 3,249 38,708 35,147 3,343 4,647 6,297 2,465 4,801 8,323 5,271 3,561 47,913 43,083 3,637 5,636 8,245 2,766 5,510 10,391 6,898 4,830 45,056 39,973 3,611 4,923 7,227 2,359 4,881 11,083 5,889 5,083 38,883 36,309 3,546 4,345 7,107 2,198 4,270 9,580 5,263 2,574 39,569 36,423 3,052 4,812 6,786 2,392 4,666 8,647 6,068 3,146 39,634 36,408 3,178 5,233 6,631 2,374 4,627 8,344 6,021 3,226 37,969 34,456 3,276 4,550 6,169 2,416 4,718 8,155 5,172 3,513 Canada 2 Japan Australia, New Zealand, and South Africa 9 .. Australia 163,309 55,878 42,521 16,029 44,521 14,489 37,852 12,876 38,415 12,484 38,329 12,186 42,895 12,350 42,643 15,991 43,839 14,371 39,140 13,390 37,687 12,126 38,568 12,183 42,160 12,246 10,597 2,698 2,640 2,574 2,685 2,830 3,220 2,706 2,587 2,661 2,643 2,853 3,151 6,804 1,679 1,842 1,595 1,688 1,519 1,641 1,674 1,837 1,661 1,632 1,530 1,621 Latin America and Other Western HemisphereBrazil Mexico Venezuela Other 158,973 15,790 101,181 5,600 36,402 41,167 3,828 40,440 4,270 25,263 1,464 9,443 38,780 4,135 24,366 1,401 8,878 38,586 3,557 24,910 1,366 8,753 34,669 3,084 22,512 1,105 7,968 37,784 3,032 24,957 1,183 8,612 41,268 3,837 26,733 1,370 9,328 39,823 4,179 24,885 1,442 9,317 40,128 4,270 26,642 1,369 9,328 37,754 3,504 24,368 1,337 8,545 34,950 3,116 22,731 1,117 7,986 37,195 2,972 24,561 1,157 8,505 Other countries in Asia and Africa 7 9... Asia79 Members of OPEC China Hong Kong Korea, Republic of Singapore Taiwan Africa79 Members of OPEC 151,780 140,062 11,903 19,108 13,943 21,203 17,337 17,394 11,383 1,999 41,090 38,189 3,322 4,313 3,572 37,873 34,883 2,915 4,771 3,700 4,846 4,166 4,341 2,925 498 36,029 33,222 2,791 4,823 3,503 5,297 4,228 4,131 2,688 36,788 33,768 2,875 5,201 38,909 36,352 3,013 5,482 3,221 5,715 4,040 4,737 2,480 648 41,089 37,333 34,379 2,899 4,710 3,649 4,772 37,411 34,471 2,921 4,995 3,631 35,947 33,036 34,931 32,311 2,348 38,334 35,781 406,199 111,049 110,376 30,941 5,294 77,239 108,934 28,153 4,877 73,836 91,955 24,763 4,652 70,685 98,231 25,709 4,844 72,432 110,647 19,502 293,061 Eastern Europe 6,095 4,575 5,086 2,825 603 3,168 4,965 4,368 3,836 2,945 438 34,863 32,250 2,346 4,690 2,932 4,931 4,102 3,811 2,547 464 38,176 3,274 4,288 3,563 6,096 4,595 5,103 2,837 608 25,195 1,451 9,212 492 5,495 4,374 4,287 2,817 480 107,273 27,660 4,833 72,740 95,182 25,598 4,852 73,240 4,079 4,280 2,890 2,809 5,115 3,100 4,840 4,289 3,724 2,839 4,709 2,940 2,976 5,383 3,174 5,643 419 4,943 4,112 3,812 2,554 466 3,955 4,668 2,477 647 93,097 26,719 4,565 69,696 94,215 26,812 3,931 66,503 96,567 25,207 4,780 71,329 International organizations and unallocated.. Memoranda: Industrial countries 7 Of which: Euro area 1 0 Members of OPEC7 Other countries 7 See the footnotes on page 66. 94,934 27,192 4,679 71,301 93,732 26,654 3,915 66,163 31,072 5,252 77,385 October 2 0 0 2 U.S. International Transactions 50 Table 2. U.S. Trade in Goods—Continued [Millions of dollars] Seasonally adjusted Not seasonally adjusted Line 2001 2001 2002 2001 2002 II" Trade in goods, by principal end-use category, adjusted to balance of payments basis, excluding military—Continued: IMPORTS 1,145,927 298,773 290,463 281,518 275,173 261,179 293,186 306,316 292,565 279,025 268,021 271,073 295,316 Western Europe European union Belgium and Luxembourg France Germany 8 Italy Netherlands United Kingdom Other Western Europe, excluding EU.., 241,030 219,492 10,462 30,372 62,521 55,952 2,719 7,640 15,374 5,939 2,472 10,482 11.326 6,569 56,568 52,156 2,313 6,855 14,617 5,803 2,157 9,382 11,029 4,412 58,948 54,605 2,595 7,707 13,993 5,826 2,422 10,179 11,883 4,343 55,245 51,173 2,438 6,944 13,557 5,468 2,174 9,132 11,460 4,072 62,474 56,824 2,663 6,984 15,283 6,035 2,585 10,622 12,652 5,650 64,612 58,275 2,903 8,355 15,454 6,367 2,464 11,236 11,496 6,337 62,994 56,391 2,737 7,705 15,489 5,983 2,491 10,563 11,423 6,603 56,043 51,674 2,295 6,786 57,381 9,455 40,982 45,418 21,538 62,993 56,779 2,835 8,170 15,051 6,200 2,404 10,939 11,180 6,214 14,464 5,739 2,138 9,293 10,959 4,369 53,152 2,527 7,526 13,628 5,679 2,362 9,890 11,540 4,229 57,377 53,172 2,531 7,216 14,093 5,683 2,261 9,476 11,912 4,205 62,929 57,241 2,683 7,035 15,393 6,082 2,602 10,692 12,754 5,688 Canada 2 Japan Australia, New Zealand, and South Africa 9 ... Australia 218,735 126,485 59,327 34,603 57,910 31,138 51,090 29,997 50,408 30,747 51,195 28,593 55,427 29,851 60,800 35,540 58,256 31,377 50,566 29,690 49,113 29,878 53,129 29,731 55,821 30,074 6,463 1,457 Total, all countries (A-16).. 59,035 23,768 14,342 Eastern Europe 1,656 1,743 1,607 1,386 1,672 1,495 1,670 1,733 1,565 1,438 1,684 3,262 3,359 3,280 2,561 3,808 4,532 3,287 3,331 3,192 2,660 3,831 49,988 3,849 33,031 3,621 9,487 47,366 3,480 32,299 3,003 8,584 46,035 3,241 31,327 2,725 8,742 51,830 3,805 35,017 3,568 9,440 52,681 3,700 51,134 3,548 49,555 3,811 33,841 4,163 9,582 32,760 3,587 9,397 46,240 3,408 31,459 2,972 8,401 47,678 3,367 32,508 2,761 9,042 52,183 3,834 34,144 4,529 10,308 82,817 77,660 76,164 86,656 83,847 76,612 8,891 24,112 3,441 7,252 4,370 1,530 88,124 81,852 7,497 29,676 2,202 8,866 3,531 8,270 6,203 2,370 88,107 81,770 8,653 28,793 2,738 8,308 3,454 8,117 6,251 2,747 80,652 75,574 6,879 26,306 2,185 8,680 3,496 7,691 4,974 1,973 79,060 74,525 6,871 24,707 2,112 8,551 3,577 7,542 4,463 1,546 88,794 82,487 7,533 29,926 2,220 8,931 3,556 8,336 6,238 2,378 151,128 42,918 13,435 128,623 139,664 39,514 14,987 139,342 40,170 11,824 116,855 143,052 40,632 11,178 152,225 43,240 13,491 129,600 Latin America and Other Western Hemisphere.. Brazil Mexico Venezuela Other 199,610 14,467 132,204 15,251 37,688 51,467 3,612 33,288 4,477 10,090 50,789 3,526 Other countries in Asia and Africa 7 Asia79 Members of OPEC China Hong Kong Korea, Republic of Singapore 339,262 313,479 33,026 102,278 9,648 35,192 15,038 33,382 25,437 11,476 84,485 77,457 8,460 22,394 2,350 9,452 4,182 8,792 6,955 3,279 83,187 75,978 8,858 23,843 2,289 8,446 3,766 8,493 7,129 3,444 88,773 82,384 8,719 8,194 6,302 2,764 8,912 3,600 7,903 5,051 1,989 599,353 166,198 59,753 486,821 160,048 42,685 16,216 122,509 155,106 42,374 16,452 118,905 141,048 39,889 15,104 125,366 143,151 41,250 11,981 120,041 137,747 39,091 10,971 112,461 -427,165 -105,864 -102,816 -114,226 -104,259 -97,369 -69,609 -63,704 3,384 -10,656 -16,679 -15,249 -18,982 -29,670 -14,053 9,872 -15,268 -13,881 789 -2,560 -6,837 -3,447 3.084 1,127 -2,646 -7,744 -3,684 -15,831 -15,008 716 -1,762 -6,959 -1,281 -21,300 -601 -4,309 958 -2,624 -8,000 -3,540 2,482 819 -5,344 -5,905 -1.387 -1.430 -1,950 -18,680 -17,542 510 -2,826 -7,089 -3,382 2,331 -1,385 -5,701 -1,138 -55,426 -70,607 -16.806 -18,574 -13.389 -16,649 -13,238 -17,121 -11,993 -18,263 -12,866 -16,407 9 Taiwan Africa79 Members of OPEC 33,586 4,150 9,527 28,947 2,755 8,382 3,490 6,989 27,094 2,254 71,723 6,716 23,698 2,028 8,232 79,523 8,603 23,067 9,699 2,309 8,505 4,295 9,014 7,058 3,306 3,793 8,560 7,154 3,450 164,156 43,804 16,438 125,722 156,191 42,710 16,504 119,870 2,416 35,266 3,580 9,503 International organizations and unallocated.. Memoranda: Industrial countries 7 Of which: Euro area 1 0 Members of OPEC 7 Other countries 7 124,374 116,843 BALANCE (EXCESS OF EXPORTS +) Total, all countriesWestern Europe European Union Belgium and Luxembourg France Germany 8 Italy Netherlands United Kingdom Other Western Europe, excluding EU... 87 Canada 2 Japan Australia, New Zealand, and South Africa 9 .. Australia Eastern Europe.... 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 Latin America and Other Western Hemisphere.. Brazil Mexico Venezuela Other Other countries in Asia and Africa 7 9 .... Asia79 Members of OPEC China Hong Kong Korea, Republic of Singapore Taiwan Africa79 Members of OPEC -17,032 1,975 -114 -5,946 -3,105 2,434 -867 -5,465 -823 -117,679 -113,032 -107,719 -105,751 -100,663 -106,424 -122,640 -23,766 -21,677 680 -2,337 -16,699 -15,192 734 -2,719 -8,986 -3,570 -7,209 -3,601 3,046 -845 -17,938 -16,418 874 -2,782 -8,262 -3,624 -7,381 -2,089 -4,598 -1,507 2,390 520 -5,534 -1,520 -12,532 -17,501 -18,157 -19,549 -14,417 -17,006 2,216 -2,299 -17,160 -15,365 1,251 -2,441 -7,357 -3,541 2,132 287 -17,812 -17,743 -16,764 647 -1,983 -7,462 -1,795 -1,243 -5,472 -1,083 -1,132 -5,891 -979 -24,960 -22,785 593 -2,485 -9,224 -3,666 2,116 -2,537 -7,582 -2,175 -11,426 -16,300 -11,426 -17,752 -14,561 -17,548 -13,661 -17,828 -5,696 -16,729 525 -2,714 -6,842 -3,287 2,304 -3,309 2,366 4,134 1,241 984 831 1,078 1,444 1,548 1,211 917 928 1,078 1,415 1,467 -7,538 -2,762 -1,420 -1,764 -1,592 -1,042 -2,167 -2,858 -1,450 -1,670 -1,560 -1,130 -2,210 -40,637 1,323 -31,023 -9,651 -1,286 -10,300 216 -6,646 -3.108 -762 -10,349 744 -8,323 -2,686 -84 -11,208 286 -8,665 -2,220 -11,366 -157 -8,815 -14,046 -773 -11,311 631 -9,427 -8,486 96 -7,091 -1,635 144 -12,728 -251 -9,777 -1,644 -1,056 -14,988 -862 -1,620 -774 -10,060 -2,385 -828 -11,413 137 -7,411 -3,159 -609 -8,780 77 -7,389 -1,637 169 -187,482 -45,314 -41,095 -5,943 -19,072 1,411 -3,600 400 -4,152 -4,204 -2,946 -52,744 -49,162 -5,928 -24,124 748 -3,085 738 -4,063 -3,614 -2,304 -46,029 -43,892 -4,114 -21,893 914 -3,947 768 -4,067 -2,106 -1,551 -41,301 -39,473 -4,370 -19,008 904 -3,301 661 -3,441 -1,823 -1,066 -44,129 -42,214 -4,523 -19,998 -50,460 -46,706 -4.557 -24,543 954 -9,477 -43,395 -39,268 -5,138 -18,081 1,222 -3,357 393 -3,706 -4,130 -2,676 -193.154 -55,149 -40,251 -193,760 -49,672 -11,744 -10,922 -45,270 -46,172 -14,221 -11,575 -45,069 -49,093 -15,126 -10,452 -54,681 -48,217 -14,058 -7,302 -48,740 -44,015 -12,437 -7,056 -46,298 -17,209 -8,591 -56,191 -173,417 -21,123 -83,170 4,295 -13,989 2,299 -15,988 -14,054 459 -7,565 -980 -8,956 -2,721 -265 -49,215 -45,500 -4,484 -24,194 1,019 -3,151 509 -3,533 -3,723 -1,722 -45,567 -41,347 -5,329 -18,779 1,147 ^3,603 300 -3,911 -4,221 -2,698 -46,514 -42,233 -5,992 -19,402 1,340 -3,733 286 -4,280 -4,264 -2,958 -50,696 -47,299 -5,732 -23,798 893 -2,813 920 -3,830 -3,434 -2,267 -44,705 -42,538 -4,070 -21,191 915 -3,840 -2,135 -1,554 828 -3,608 535 -3,730 -1,909 -1,080 -52,897 -53,509 -12,732 -11,186 -48,337 ' -48,918 -15,050 -11,671 -47,130 -44,482 -13,916 -10,135 -51,134 -46,245 -13,451 -7,259 -47,159 -48,837 -13.820 -7,247 -50,340 -2,136 -185 793 -3,967 -10,705 -2,423 -3,288 399 -3,668 -3,761 -1,731 International organizations and unallocated.. Memoranda: ndustrial countries 7 Of which: Euro area 10 .., Members of OPEC 7 Other countries 7 See the footnotes on page 66. -55,658 -18,033 -8,711 -58,271 October 2002 51 SURVEY OF CURRENT BUSINESS Table 2. U.S. Trade in Goods—Continued [Millions of dollars] Not seasonally adjusted Line 2001 2001 Seasonally adjusted 2002 2002 2001 II" Trade in goods, by principal end-use category, adjusted to balance of payments basis, excluding military: Exports of goods, balance of payments basis, excluding military (A-8).. Agricultural products Nonagricultural products 718,762 192,909 187,647 167,292 170,914 163,810 175,507 193,284 184,846 173,274 167,358 164,649 172,676 54,88! 663,873 14,118 178,791 12,80! 174,842 12,552 154,740 15,414 155,500 14,152 149,658 12,618 162,889 13,647 179,637 13,637 171,209 13,643 159,631 13,962 153,396 13,781 150,868 13,520 159,156 49,408 12,662 11,425 11,656 13,665 12,501 11,241 12,470 12,325 12,193 12,420 12,422 12,146 44,889 13,942 3,477 5,344 5,500 7,987 8,261 9,199 11,590 3,606 803 1,317 1,963 1,895 1,999 2,127 10,377 3,212 2,110 2,375 10,351 3,549 856 1,561 599 1,970 1,949 2,284 12,571 3,575 1,020 1,257 2,240 2,140 2,203 2,413 11,408 3,597 836 1,398 1,817 1,739 2,078 2,177 10,279 3,261 761 1,403 755 1,735 2,199 2,329 11,357 3,493 891 1,250 1,573 1,979 2,084 2,228 11,159 3,472 847 1,317 1,228 2,006 2,090 2,363 11,071 3,593 799 1,552 1,160 1,997 2,062 2,259 11,302 3,384 940 1,225 1,539 2,005 2,025 2,349 11,245 3,545 931 1,359 1,398 1,820 2,185 2,297 11,094 3,550 812 1,550 1,266 1,758 2,195 2,325 4,519 3,266 1,072 789 1,048 716 1,305 994 1,094 767 1,093 814 962 619 1,166 824 1,122 819 1,118 819 1,177 876 160,200 42,856 2,446 570 342 497 1,037 42,169 37,745 37,430 36,769 40,453 41,533 38,301 37,524 36,849 9,724 2,177 1,270 1,971 4,306 2,353 554 313 536 950 2,148 564 231 2,777 489 384 450 2,662 638 370 431 1,454 1,223 2,263 544 267 443 1,009 1,113 804 42,842 2,219 445 285 479 1,010 2,407 522 284 524 1,077 2,501 666 362 489 984 2,597 544 339 479 1,235 2,465 526 312 421 1,206 1,052 700 39,857 2,355 521 252 430 1,152 150,476 15,922 14,674 2,258 10,637 40,410 4,157 3,588 544 2,648 39,816 4,438 3,957 611 2,758 35,597 3,709 3,561 557 2,622 34,653 3,618 3,568 546 2,609 34,107 3,288 3,210 465 2,234 38,190 3,573 3,500 527 2,392 40,623 4,190 3,621 571 2,654 39,126 4,428 3,949 603 2,757 35,800 3,683 3,534 544 2,609 34,927 3,621 3,570 540 2,617 34,384 3,298 3,221 476 2,233 37,502 3,568 3,495 522 2,391 Paper and paper base stocks Textile supplies and related materials... Chemicals, excluding medicinals Building materials, except metals Other nonmetals 12,386 10,866 49,326 7,770 19,599 3,280 2,910 13,182 2,062 5,131 3,088 2,891 12,712 2,052 5,139 2,938 2,593 11,952 1,842 4,784 3,080 2,472 11,480 1,814 4,545 2,896 2,520 11,596 1,823 4,648 3,088 3,024 12,991 1,975 5,085 3,266 2,910 13,218 2,088 5,136 3,060 2,767 12,457 1,987 5,015 2,960 2,634 12,118 1,872 4,838 3,100 2,555 11,533 1,823 4,610 2,894 2,517 11,662 1,855 4,675 3,065 2,895 12,734 1,910 4,963 Metals and nonmetallic products Steelmaking materials Iron and steel products Nonferrous metals Nonmonetary gold . Other precious metals Other nonferrous metals Other metals and nonmetallic products.. 34,607 1,768 6,198 14,219 4,896 2,695 6,628 12,422 9,688 438 9,496 423 7,779 432 1,502 2,894 2,610 632 8,454 502 1,530 3,252 915 9,815 1,560 4,207 1,910 640 1,657 3,306 7,644 475 1,471 2,866 715 644 7,336 401 1,665 4,252 1,675 874 1,703 3,333 7,695 428 1,524 2,760 793 1,402 2,893 1,544 3,170 1,767 3,381 3.199 2,983 7,685 472 1,480 2,874 715 644 1,515 2,859 7,483 430 1,428 2,671 632 576 1,463 2,954 8,367 477 1,515 3,311 915 576 9,412 399 1,545 4,269 1,910 640 1,719 Foods, feeds, and beverages Agricultural Grains and preparations Wheat Corn -. Soybeans Meat products and poultry Vegetables, fruits, nuts, and preparations Other agricultural foods, feeds, and beverages.. Nonagricultural (fish, distilled beverages, etc.).. Fish and shellfish Industrial supplies and materials.. Agricultural Raw cotton Tobacco, unmanufactured Hides and skins, including furskins.... Other agricultural industrial supplies.. Nonagricultural Energy products Fuels and lubricants Coal and related fuels Petroleum and products.. Capital goods, except automotive Machinery, except consumer-type Electric generating machinery, electric apparatus, and parts Nonelectric, including parts and attachments Oil drilling, mining, and construction machinery Industrial engines, pumps, and compressors Machine tools and metalworkinq machinery.. Measuring, testing, and control instruments Other industrial, agricultural, and service industry machinery.. Computers, peripherals, and parts Semiconductors Telecommunications equipment Other office and business machines Scientific, hospital, and medical equipment and parts.. Civilian aircraft, engines, and parts Civilian aircraft, complete, all t y p e s Other transportation equipment 798 1,209 698 1,982 596 537 1,761 2,951 1,507 2,832 1,432 469 1,649 4,316 1,675 874 596 537 1,627 793 1,603 3,064 321,723 90,185 83,622 74,062 73,854 70,638 74,483 90,664 82,728 76,153 72,178 71,101 73,578 266,431 30,887 235,544 14,057 11,992 5,816 14,169 46,060 75,552 8,895 66,657 3,245 2,894 1,797 3,989 13,146 68,577 8,040 60,537 3,709 3,100 1,473 3,753 12,077 61,532 7,069 60,770 6,883 53,887 3,444 3,040 1,249 3,156 60,540 7,077 53,463 3,183 2,932 1,410 3,462 11,480 76,084 8,861 67,223 3,299 2,948 1,828 3,996 13,244 68,513 8,015 60,498 3,639 3,089 1,462 3,718 62,402 7,142 55,260 3,677 3,036 1,329 3,332 59,432 6,869 10,240 57,833 6,603 51,230 3,248 2,792 1,152 3,164 9,948 52,563 3,442 2,919 1,197 3,123 10,212 58,225 6,603 51,622 3,312 2,867 1,183 3,161 10,060 60,490 7,050 53,440 3,111 2,918 1,403 3,431 11,158 47,555 45,065 27,874 2,894 20,062 13,889 14,163 7,506 844 5,184 11,763 11,398 7,437 742 5,085 10,785 9,854 6,600 668 4,774 11,118 9,650 6,331 640 5,019 9,696 10,177 5,743 539 4,771 9,391 10,693 5,571 506 4,835 13,937 13,898 8,045 863 5,165 12,062 11,675 7,306 742 5,070 11,110 9,961 6,357 670 4,919 10,446 9,531 6,166 619 4,908 9,755 9,865 6,095 551 4,773 9,639 10,973 5,490 508 4,809 52,619 25,816 2,673 13,932 7,050 701 14,401 7,420 644 11,929 5,206 601 12,357 6,140 727 12,271 6,403 534 13,396 7,575 547 13,879 13,571 6,677 644 13,150 6,323 601 12,019 12,342 6,415 534 12,541 6,795 547 54,463 3,659 2,958 1,297 3,271 10,597 6,972 701 11,735 5,844 111 75,435 18,552 20,768 17,195 18,920 18,517 21,816 18,308 19,278 19,286 18,563 18,462 20,117 To Canada •. Passenger cars, new and used Trucks, buses, and special purpose vehicles.., Engines and engine parts Other parts and accessories 40,598 8,647 5,335 5,260 21,356 9,928 1,831 1,204 1,376 5,517 11,946 2,865 1,581 1,505 5,995 8,637 1,726 1,124 1,138 4,649 10,087 2,225 1,426 1,241 5,195 10,451 2,325 1,423 1,267 5,436 12,467 3,145 1,609 1,457 6,256 9,680 1,821 1,226 1,315 5,318 10,663 2,315 1,394 1,396 5,558 10,246 2,320 1,321 1,307 5,298 10,009 2,191 1,394 1,242 5,182 10,354 2,345 1,454 1,227 5,328 11,029 2,510 1,409 1,345 5,765 To other areas Passenger cars, new and used Trucks, buses, and special purpose vehiclesEngines and engine parts Other parts and accessories 34,837 9,179 2,225 4,624 18,809 8,624 2,014 591 1,149 4,870 8,822 2,238 598 1,151 4,835 8,558 2,185 509 1,165 4,699 8,833 2,742 527 1,159 4,405 8,066 2,259 383 1,209 4,215 9,349 2,810 514 1,325 4,700 8,628 2,015 604 1,144 4,865 8,615 2,112 598 1,135 4,770 9,040 2,516 556 1,188 4,780 8,554 2,536 467 1,157 4,394 8,108 2,294 393 1,209 4,212 9,088 2,638 515 1,305 4,630 Automotive vehicles, engines, and parts.. Consumer goods (nonfood), except automotive Consumer nondurable goods, manufactured Medical, dental, and pharmaceutical preparations, including vitamins.. Consumer durable goods, manufactured Household and kitchen appliances and other household goods Unmanufactured consumer goods (gem stones, nursery stock) Exports, n.e.c See the footnotes on page 66. 88,330 22,892 23,294 20,752 21,392 20,289 21,473 23,053 22,766 21,386 21,125 20,559 21,085 41,601 16,577 42,019 17,740 4,710 10,591 3,859 10,980 4,580 1,321 10,796 4,268 11,209 4,574 1,289 10,030 4,016 9,645 4,225 1,077 10,184 4,434 10,185 4,361 1,023 9,431 3,882 9,688 4,252 1,170 10,121 4,354 10,037 4,370 1,315 10,806 3,986 10,966 4,553 1,281 10,573 4,125 10,941 4,477 1,252 10,066 4,097 10,188 4,400 1,132 10,156 4,369 9,924 4,310 1,045 9,719 4,043 9,703 4,226 1,137 9,913 4,219 9,892 4,288 1,280 23,666 5,762 6,369 5,882 5,653 5,096 6,041 5,947 6,216 5,955 5,548 5,256 5,893 52 October 2002 U.S. International Transactions Table 2. U.S. Trade in Goods—Continued [Millions of dollars] Not seasonally adjusted 2001 Line Seasonally adjusted 2002 2001 2001 2002 II" Trade in goods, by principal end-use category, adjusted to balance of payments basis, excluding military—Continued: 1,145,927 298,773 290,463 281,518 275,173 261,179 293,186 306,316 292,565 279,025 268,021 271,073 295,316 Petroleum and products 6 Nonpetroleum products 103,588 1,042,339 28,848 269,925 28,494 261,969 25,834 255,684 20,412 254,761 18,962 242,217 27,079 266,107 Foods, feeds, and beverages 46,642 11,164 11,498 11,698 12,282 11,395 12,371 11,468 11,467 11,936 11,771 11,873 12,351 33,435 2,307 1,356 6,046 9,415 4,692 10,976 13,207 9,754 3,067 8,327 649 378 1,473 2,773 8,138 588 324 8,556 557 273 1,494 2,260 1,239 3,006 3,726 2,721 8,565 531 9,110 584 362 1,534 2,616 1,431 8,161 558 311 8,178 8,867 581 3,261 2,356 821 1,186 2,618 3,307 2,428 781 1,173 2,716 3,289 2,432 766 2,814 3,312 2,458 758 8,472 596 303 1,488 2,381 1,178 2,828 8,509 472 1,470 2,330 509 375 1,484 2,296 8,624 644 367 1,604 2,408 1,016 2,416 2,837 2,073 665 8,414 513 381 1,531 2,472 1,245 2,653 3,084 2,264 730 276,115 77,828 73,674 5,312 270,803 124,876 122,114 1,364 76,464 37,306 36,307 1,355 72,319 34,092 33,074 Paper and paper base stocks Textile supplies and related materials Chemicals, excluding medicinals Building materials, except metals Other nonmetals 12,240 10,314 34,048 21,261 17,253 3,359 2,642 9,674 4,616 4,264 Metals and nonmetallic products Steelmaking materials Iron and steel products Nonferrous metals Nonmonetary gold Other precious metals Bauxite and aluminum Other nonferrous metals Other metallic and nonmetallic products.. 50,811 2,236 16,708 23,246 4,305 6,063 6,397 6,481 8,621 Imports of goods, balance of payments basis, excluding military (A-16)., Agricultural Coffee, cocoa, and sugar Green coffee Meat products and poultry Vegetables, fruits, nuts, and preparations Wine and related products Other agricultural foods, feeds, and beverages Nonagricultural (fish, distilled beverages, etc.) Fisn and shellfish Whiskey and other alcoholic beverages Industrial supplies and materials.... Agricultural Nonagricultural products Energy products Fuels and lubricants 6 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 Capital goods, except automotive Machinery, except consumer-type Electric generating machinery, electric apparatus and parts Nonelectric, including parts and attachments Oil drilling, mining, and construction machinery Industrial engines, pumps, and compressors Machine tools and metalworking machinery Measuring, testing, and control instruments Other industrial, agricultural, and service industry machineryComputers, peripherals, and parts Semiconductors Telecommunications equipment Other office and business machines Scientific, hospital, and medical equipment and partsTransportation equipment, except automotiveCivilian aircraft, engines, and parts Civilian aircraft, complete, all types 1,548 1,910 1,192 281 1,483 2,869 29,164 28,545 25,634 20,245 19,165 27,152 277,152 264,020 253,391 247,776 251,908 268,164 241 359 3,299 2,436 762 1,481 2,448 1,286 2,822 3,364 2,476 806 1,487 2,434 1,350 3,014 3,484 2,537 862 905 1,099 2,583 2,830 2,070 678 66,239 58,374 57,070 69,661 77,926 73,012 66,255 58,922 57,870 68,767 1,273 64,966 29,875 29,309 1,320 57,054 23,603 23,424 1,256 55,814 22,695 22,433 1,397 68,264 30,952 30,673 1,320 76,606 37,215 35,881 1,305 71,707 34,505 33,485 1,372 64,883 29,811 29,523 1,315 57,607 23,345 23,225 1,256 56,614 22,724 22,342 1,340 67,427 31,231 30,946 3,077 2,737 8,707 5,836 4,383 2,923 2,510 7,856 5,786 4,394 2,881 2,425 7,811 5,023 4,212 2,694 2,461 7,826 5,225 4,056 2,849 2,887 8,667 6,207 4,712 3,373 2,693 9,128 4,989 4,434 3,112 2,602 8,573 5,456 4,317 2,918 2,528 8,222 5,516 4,317 2,837 2,491 8,125 5,300 4,185 2,732 2,546 7,512 5,700 4,259 2,880 2,739 8,498 5,772 4,639 14,603 554 4,162 7,597 1,531 2,615 1,676 1,775 2,290 13,487 612 4,248 6,456 1,622 1,521 1,592 1,721 2,171 11,622 11,099 512 11,990 11,324 539 4,198 4,524 606 823 1,635 1,460 2,063 11,668 2,049 13,142 565 4,111 6.349 1,622 1,530 1,479 1,718 2,117 11,141 475 1,433 2,237 14,774 607 4,322 7,534 1,531 2,569 1,653 1,781 2,311 11,571 525 4,077 2,111 10,857 439 4,204 4,243 506 743 1,559 1,435 1,971 297,992 82,650 74,896 69,978 70,468 66,994 71,638 84,621 75,369 69,930 68,072 69,339 72,285 264,502 34,789 66,532 8,671 57,861 1,940 2,435 1,925 2,339 12,244 61,851 8,305 53,546 1,673 2,372 1,726 2,110 11,083 61,885 8,301 53,584 1,539 2,394 1,543 2,098 11,203 59,443 7,746 51,697 1,584 2,289 1,320 2,034 10,981 64,782 8,536 56,246 1,806 2,328 1,469 2,223 12,393 76,178 9,761 66,417 1,710 2,555 2,222 2,481 12,983 67,061 8,779 58,282 1,813 2,403 1,869 2,375 11,883 61,757 8,296 53,461 1,750 2,425 1,802 2,108 11,439 59,506 7,953 51,553 1,629 2,397 1,523 2,042 11,173 61,702 8,049 7,416 9,006 47,478 74,234 9,512 64,722 1,750 2,579 2,222 2,459 12,948 53,653 1,559 2,281 1,341 2,078 11,075 65,486 8,653 56,833 1,685 2,300 1,427 2,261 12,038 74,001 30,422 24,632 4,864 15,212 19,746 10,531 7,302 1,390 3,795 18,257 7,581 6,247 1,221 3,672 17,720 6,291 5,698 1,123 3,750 18,278 6,019 5,385 1,130 3,995 17,614 6,298 4,961 973 3,643 18,538 6,708 5,886 1,048 3,847 20,899 3,954 18,802 7,766 6,332 1,251 3,788 17,177 6,306 5,620 1,140 3,694 17,123 5,789 5,028 1,073 3,776 18,911 6,311 5,285 992 3,820 19,152 6,919 5,997 1,078 3,976 33,490 31,358 14,885 8,416 7,739 3,700 8,364 7,831 3,604 8,127 7,644 3,400 8,583 8,144 4,181 7,551 7,158 3,703 6,856 6,337 2,941 8,443 7,766 3,700 8,308 7,775 3,604 8,173 7,690 3,400 8,566 8,127 4,181 7,637 7,245 3,703 6,799 6,280 2,941 229,713 6,902 9,780 2,901 3,560 2,696 767 558 4,172 4,781 546 1,103 1,607 1,525 4,126 4,412 606 824 1,522 1,460 2,944 641 4,038 5,074 872 1,074 1,695 10,561 7,652 1,400 1,155 4,839 546 1,141 1,630 1,522 2,130 4,393 4,263 506 750 1,554 1,453 2,010 596 3,919 4,972 872 1,080 1,586 1,434 2,181 189,781 47,306 48,592 44,934 48,949 47,440 52,494 47.083 47,869 47,944 46,885 47,610 51,785 125 126 127 128 129 From Canada Passenger cars, new and used Trucks, buses, and special purpose vehicles.. Engines and engine parts Other parts and accessories 57,865 30,560 11,074 3,447 12,784 14,843 8,149 2,714 852 3,128 15,847 8,520 2,974 953 3,400 12,832 6,329 2,593 789 3,121 14,343 7,562 2,793 853 3,135 14,804 7,672 2,820 909 3,403 16,175 8,541 2,858 971 3,805 14,354 7,804 2,662 826 3,062 15,040 8,136 2,826 864 3,214 14,556 7,549 2,782 880 3,345 13,915 7,071 2,804 877 3,163 14,550 7,513 2,768 895 3,374 15,303 8,119 2,715 880 3,589 130 131 132 133 134 From other areas Passenger cars, new and used Trucks, buses, and special purpose vehicles.. Engines and engine parts Other parts and accessories 131,916 76,090 8,162 10,345 37,319 32,463 19,299 32,102 17,985 2,513 2,453 9,151 34,606 20,368 2,364 2,572 9,302 32,636 18,606 1,935 2,596 9,499 36,319 20,470 2,114 2,973 10,762 32,729 32,829 18,742 1,972 9,212 32,745 18,438 2,001 2,652 9,654 9,502 33,388 18,857 2,470 2,561 9,500 32,970 18,852 2,381 2,537 9,200 33,060 18,904 2,018 2,596 9,542 36,482 20,917 2,082 2,923 10,560 284,486 67,418 68,701 76,390 71,977 65,698 73,631 72,545 71,818 70,465 69,658 71,358 76,847 136,625 62,983 11,776 134,609 58,968 21,885 20,675 9,195 13,252 33,249 15,616 3,118 30,725 13,379 4,522 4,582 1,873 3,444 33,299 14,708 2,884 32,033 14,171 4,680 5,010 2,183 3,369 37,583 18,256 3,232 35,550 15,698 6,389 5,278 2,564 3,257 32,494 14,403 2,542 36,301 15,720 6,294 5,805 2,575 3,182 32,258 13,982 2,738 29,703 13,836 4,174 4,385 1,737 3,737 34,297 14,349 2,798 35,618 16,335 5,197 5,688 2,459 3,716 34,487 16,397 3,099 34,811 14,721 5,692 5,479 2,321 3,247 34,623 15,968 2,956 33,654 14,433 5,387 5,275 2,259 3,541 34,109 15,504 2,949 33,168 14,676 5,637 4,839 2,313 3,188 33,406 15,114 2,772 32,976 15,138 5,169 5,082 2,302 3,276 33,713 14,773 2,733 34,020 15,376 5,310 5,345 2,190 3,625 35,443 15,487 2,860 37,447 16,634 5,986 6,001 2,541 3,957 50,911 32,693 12,407 7,739 13,102 8,351 12,279 7,849 13,123 8,754 12,582 8,235 13,391 8,194 12,673 7,819 13,030 8,353 12,495 8,079 12,713 8,442 13,023 8,525 13,281 8,148 18,218 4,668 4,751 4,430 4,369 4,347 5,197 4,854 4,677 4,416 4,271 4,498 5,133 124 135 136 137 138 139 140 141 142 143 144 145 146 147 Automotive vehicles, engines, and parts.. Consumer goods (nonfood), except automotive Consumer nondurable goods, manufactured Textile apparel and household goods, except rugs Footwear of leather, rubber, and other materials Consumer durable goods, manufactured Household and kitchen appliances and other household goods Toys, shooting, and sporting goods, including bicycles Television ana video receivers Radio and stereo equipment, including records, tapes, and disks.. Unmanufactured consumer goods (gemstones, nursery stock) Imports, n.e.c, and U.S. goods returned U.S. goods returned Other products, including balance of payments adjustments not included above (minimum value shipments and miscellaneous imports) See the footnotes on page 66. 1,284 2,668 19,639 1,339 2,634 9,117 2,613 October 2002 53 SURVEY OF CURRENT BUSINESS Table 3. Private Services Transactions [Millions of dollars] Seasonally adjusted Not seasonally adjusted Line 2001 2001 2001 2002 2002 266,209 67,799 66,941 69,159 62,310 64,267 65,952 69,692 68,492 65,758 62,270 65,418 67,760 Travel (table 1, line 6) Passenger fares (table 1, line 7) Other transportation (table 1, line 8) Freight Port services 73,119 18,007 28,306 11,930 16,376 18,299 4,639 7,163 3,047 4,116 20,276 4,788 7,168 3,000 4,168 20,628 5,100 7,308 2,925 4,383 13,916 3,480 6,667 2,958 3,709 15,056 3,842 6,523 2,884 3,639 17,605 4,156 7,022 3,043 3,979 20,735 5,007 7,495 3,094 4,401 19,803 4,849 7,170 2,990 4,180 17,845 4,522 6,968 2,937 4,031 14,736 3,629 6,674 2,910 3,764 17,038 4,171 6,805 2,931 3,874 17,200 4,209 7,027 3,035 3,992 Royalties and license fees (table 1, line 9) Affiliated U.S. parents' receipts U.S. affiliates'receipts Unaffiliated Industrial processes 1 Other 2 38,668 25,873 23,502 2,371 12,795 4,852 7,943 9,428 6,192 5,688 504 3,236 1,209 2,027 9,534 6,342 5,868 474 3,192 1,208 1,984 9,314 6,138 5,669 469 3,176 1,214 1,962 10,392 7,201 6,277 924 3,191 1,221 1,970 9,651 6,399 6,020 379 3,252 1,242 2,009 10,291 6,953 6,508 445 3,338 1,270 2,068 9,717 6,481 5,908 573 3,236 1,209 2,027 9,743 6,551 5,968 583 3,192 1,208 1,984 9,537 6,361 5,827 534 3,176 1,214 1,962 9,672 6,481 5,799 682 3,191 1,221 1,970 9,931 6,679 6,258 421 3,252 1,242 2,009 10,490 7,152 6,615 537 3,338 1,270 2,068 108,109 36,243 21,237 15,006 71,866 11,493 15,209 18 8,658 8,640 4,796 25,720 14,630 28,270 8,657 5,028 3,629 19,613 4,549 4,043 129 2,122 1,993 1,209 6,144 3,539 25,175 8,637 5,263 3,374 16,538 1,433 3,940 -13 2,137 2,150 1,201 6,352 3,625 26,809 8,713 5,154 3,559 18,096 3,104 3,531 -18 2,224 2,242 1,194 6,566 3,718 27,855 10,236 5,792 4,444 17,619 2,407 3,695 -79 2,175 2,254 1,192 6,658 3,747 29,195 8,508 4,841 3,667 20,687 26,738 8,824 5,208 3,616 17,914 2,760 4,047 129 2,122 1,993 1,209 6,144 3,625 26,927 8,969 5,288 3,681 17,958 2,831 3,935 -13 2,137 2,150 1,201 6,352 3,652 26,886 9,043 5,360 3,683 28,834 9,564 5,262 4,302 17,843 2,922 3,535 -18 2,224 2,242 1,194 6,566 3,643 27,559 9,408 5,381 4,027 18,151 2,980 3,692 -79 2,175 2,254 1,192 6,658 3,709 27,473 8,638 5,011 3,627 18,835 3,052 3,767 91 2,204 2,113 1,277 6,817 3,736 26,878 9,182 5,241 3,941 17,696 1,571 3,828 128 2,304 2,176 1,351 6,939 3,880 91 2,204 2,113 1,277 6,817 3,831 19,270 3,123 3,817 128 2,304 2,176 1,351 6,939 3,913 Exports of private services Other private services (table 1, line 10) Affiliated services U.S. parents' receipts U.S. affiliates'receipts Unaffiliated services Education Financial services lnsurance.net Premiums received Losses paid Telecommunications Business, professional, and technical services..., Other unaffiliated services 3 4,996 3,770 192,305 48,420 55,410 42,322 46,153 48,625 55,471 52,577 53,287 38,567 47,877 52,442 53,574 Travel (table 1, line 23) Passenger fares (table 1, line 24) Other transportation (table 1, line 25) Freight Port services 60,117 22,418 38,823 25,667 13,156 13,545 5,237 10,064 6,756 3,308 18,466 6,763 10,853 3,847 9,094 6,094 3,000 12,389 4,609 8,457 5,585 2,872 16,297 5,635 9,631 6,422 3,209 16,003 5,810 10,057 6,626 3,431 17,253 6,571 9,608 6,191 3,417 16,698 6,213 10,130 6,681 3,449 14,468 5,944 9,178 5,878 3,300 12,948 4,451 8,997 6,015 2,982 14,587 5,113 8,858 5,881 2,977 14,682 5,126 9,747 6,522 3,225 Royalties and license fees (table 1, line 26) Affiliated U.S. parents' payments U.S. affiliates' payments Unaffiliated Industrial processes 1 Other 2 16,359 13,008 2,026 10,982 3,351 1,815 1,536 3,990 3,939 3,956 3,190 3,112 4,113 3,262 2,717 827 448 517 2,745 851 458 4,522 3,372 581 2,791 361 379 393 1,413 483 931 1,150 379 4,110 3,237 518 2,719 873 470 403 4,764 3,351 507 2,844 361 4,422 3,272 581 2,691 1,150 497 654 494 2,618 827 448 4,653 3,240 507 2,733 1,413 483 931 4,038 3,211 494 3,105 517 2,588 851 458 393 4,474 3,601 497 2,693 800 439 Other private services (table 1, line 27) Affiliated services U.S. parents' payments U.S. affiliates'payments Unaffiliated services Education Financial services Insurance, net Premiums paid Losses recovered Telecommunications Business, professional, and technical services.... Other unaffiliated services 3 54,588 28,410 13,467 14,943 26,178 2,378 4,016 4,906 39,895 34,989 4,298 10,040 540 15,584 6,492 3,183 3,309 9,092 449 1,146 3,818 9,068 5,250 1,185 2,367 127 16,185 6,934 3,341 3,593 9,251 591 1,084 3,859 9,542 5,684 1,111 2,474 132 4,934 7,178 3,311 3,867 -2,244 777 882 -7,640 10,130 16,146 6,935 3,417 3,518 9,211 568 1,146 3,818 9,068 5,250 1,185 2,367 127 16,208 6,958 3,372 3,586 9,250 590 1,084 3,859 9,542 5,684 1,111 2,474 132 4,864 7,273 3,384 3,889 17,371 7,244 19,120 19,497 7,529 3,294 3,950 7,196 3,477 -2,409 612 882 -7,640 10,130 17,770 1,038 2,562 138 10,127 608 3,194 4,335 11,591 630 -427,165 -105,864 -102,816 19,379 -86,485 11,531 -91,285 -114,226 26,837 -87,389 -113,032 17,115 -107,719 15,205 -92,514 -105,751 27,191 -78,560 -100,663 73,904 Imports of private services Memoranda: Balance on goods (table 1, line 71) Balance on private services (line 1 minus line 27) Balance on goods and private services (lines 53 and 54). See the footnotes on page 66. -353,261 17,770 1,038 2,562 138 518 3,083 873 470 403 17,885 7,806 3,632 4,174 10,079 561 904 4,869 11,155 6,286 965 2,638 143 18,517 7,056 2,977 19,486 7,180 4,079 3,741 11,461 499 12,306 657 974 1,010 6,738 13,142 6,403 6,177 12,510 6,333 950 2,714 147 -104,259 -97,369 16,157 -88,102 15,642 -81,727 3,439 978 2,773 149 -117,679 10,481 -107,198 10,521 7,094 3,427 4,097 3,297 497 2,800 800 439 -95,917 904 974 4,869 11,155 6,286 6,177 12,510 6,333 965 2,638 143 14,393 -86,270 950 2,714 147 -106,424 12,976 -93,448 497 654 3,719 12,301 652 1,010 6,738 13,142 6,403 978 2,773 149 -122,640 14,186 -108,454 54 October 2 0 0 2 U.S. International Transactions Table 4. Selected U.S. Government Transactions [Millions of Dollars] Not seasonally adjusted 2001 Line A1 U.S. Government grants and transactions increasing Government assets, total 2002 2001 16,011 3,420 3,882 3,956 4,753 7,139 3,667 11,652 11,628 1,784 9,844 2,426 2,419 326 2,093 2,526 2,522 337 2,185 2,916 2,905 391 2,513 3,785 3,782 730 3,052 6,277 6,273 3,506 2,767 3,126 3,111 586 2,525 1,094 521 573 1,330 498 832 1,011 359 652 996 327 669 853 446 565 368 197 30 -28 3 By category Grants.net U.S. Government current grants, net (table 1, line 36, with sign reversed) Financing military purchases1 Other grants Cash contributions received from coalition partners for Persian Gulf operationsDebt forgiveness (table 1, part of line 39, with sign reversed) Credits and other long-term assets (table 1, line 47, with sign reversed) Capital subscriptions and contributions to international financial institutions, excluding IMFCredits repayable in U.S. dollars Credits repayable in other than U.S. dollars Other long-term assets...., Foreign currency holdings and short-term assets, net (table 1, line 49 with sign reversed) Foreign currency holdii— ' — ' - J ! — - administrative > - • - • — -•• cash>-holdings), >--^-~^ net ~» .. Jings (excluding Receipts from: Sales of agricultural commodities Interest Repayments of principal Reverse grants Other sources Less currencies disbursed for: Grants and credits in the recipient's currency Other grants and credits Other U.S. Government expenditures Assets acquired in performance of U.S. Government guarantee and insurance obligations, net.. Other assets held under Commodity Credit Corporation Charter Act, net Assets financing military sales contracts, net 2 Other short-term assets (including changes in administrative cash holdings), net 11 25 4,431 1,704 2,727 n -72 4 15 n -100 -24 -28 10 -22 n n n -2 -2 327 613 3,049 369 3 392 3 446 291 5,906 230 3 266 368 295 2,583 116 4 303 -3 -2 -2 "-120 -113 1,704 1,585 9,816 1,679 31 1,313 5 521 317 1,825 446 15 410 -120 -113 10,868 4,289 3,889 2,036 517 2,147 814 767 316 2 2,589 1,299 872 363 29 2,756 796 1,002 866 476 3,377 1,380 1,248 491 11 5,725 4,023 1,174 346 2,328 720 984 585 4 1,518 505 170 315 179 71 334 24 32 390 61 49 480 241 19 341 141 46 581 32 9 n n n n n n n 2 17 3 By program Capital subscriptions and contributions to international financial institutions, excluding IMF Under Agricultural Trade Development and Assistance Act and related programs Under Foreign Assistance Act and related programs Under Export-Import Bank Act Under Commodity Credit Corporation Charter Act Under other grant and credit programs Other foreign currency assets acquired (lines A16, A17, and A19) Less foreign currencies used by U.S. Government other than for grants or credits (line A22) Other (including changes in administrative cash holdings), net 498 313 2,012 772 5 288 2 359 342 2,931 93 8 224 By disposition3 Estimated transactions involving no direct dollar outflow from the United States Expenditures on U.S. goods Expenditures on U.S. services4 Financing of military sales contracts by U.S. Government5 (line C6) By long-term credits By short-term credits1 By grants1 U.S. Government grants and credits to repay prior U.S' Government credits 14 U.S. Government long- and short-term credits to repay prior U.S. private credits6 and other assets Increase in liabilities associated with U.S. Government grants and transactions increasing Government assets (including changes in retained accounts)7 (line C11) Less receipts on short-term U.S. Government assets (a) financing military sales contracts1 (b) financing repayment of private credits and other assets, and (c) financing expenditures on U.S. goods Less foreign currencies used by U.S. Government other than for grants or credits (line A22).. Estimated dollar payments to foreign countries and international financial institutions Repayments on U.S. Government long-term assets, total (table 1 , line 48) Receipts of principal on U.S. Government credits Under Agricultural Trade Development and Assistance Act and related programs... Under Foreign Assistance Act and related programs Under Export-Import Bank Act Under Commodity Credit Corporation Charter Act Under other credit programs Receipts on other long-term assets U.S. Government liabilities other than securities, total, net increase (+) (table 1 , line 60).... Associated with military sales contracts2 U.S. Government cash receipts from foreign governments (including principal repayments on credits financing military sales contracts), net of refunds1 Less U.S. Government receipts from principal repayments Less U.S. Treasury securities issued in connection with prepayments for military purchases in the United States Plus financing of military sales contracts by U.S. Government5 (line A39) By long-term credits By short-term credits1 By grants1 Less transfers of goods and services (including transfers financed by grants for military purchases, and by credits) 12 (table 1, line 5) Associated with U.S. Government grants and transactions increasing Government assets (including changes in retained accounts)7 (line A45) Associated with other liabilities Sales of nuclear material by Department of Energy/U.S. Enrichment Corporation Sales of space launch and other services by National Aeronautics and Space Administration Other sales and miscellaneous operations See the footnotes on page 66. 21 3 5,143 1,273 1,294 1,200 1,376 1,414 1,339 3,873 3,872 601 1,662 1,219 218 172 1,071 1,071 99 486 366 65 56 573 573 13 251 270 37 2 1,118 1,118 173 553 262 75 56 1,111 1,111 316 373 322 42 59 994 994 47 509 340 91 6 553 553 36 246 219 50 2 -1,882 -1,879 -676 -674 -791 -792 89 91 -504 -504 -790 -794 -20 -22 7,129 735 -1,912 2,036 517 1,234 224 -806 316 2 1,872 88 -289 363 29 1,747 261 -817 866 476 2,276 162 491 11 2,659 204 607 346 6 2,201 91 -400 585 4 1,518 12,220 315 2,806 334 3,227 390 3,078 480 3,108 341 2,990 581 3,117 n n <1 n l 1 "I 2 n October 2002 55 SURVEY OF CURRENT BUSINESS Table 5. Direct Investment: Income, Capital, Royalties and License Fees, and Other Private Services [Millions of dollars] Not seasonally adjusted Line (Credits +; debits - ) 2001 Seasonally adjusted 2002 2001 2002 2001 II" U.S. direct investment abroad: Income with current-cost adjustment, before deduction of withholding taxes (table 1, line 14) Earnings Distributed earnings Reinvested earnings , Interest1 U.S. parents'receipts U.S. parents'payments Less: Current-cost adjustment Less: Withholding taxes Equals: Income without current-cost adjustment, after deduction of withholding Petroleum Manufacturing.. Other Capital with current-cost adjustment (table 1, line 51) .. Equity capital Increases in equity capital 3 Decreases in equity capitalA Reinvested earnings Intercompany debt U.S. parents' receivables U.S. parents' payables Less: Current-cost adjustment (line 8 with sign reversed) Equals: Capital without current-cost adjustment2 Equity capital (line 15) Petroleum Manufacturing Other Reinvested earnings without current-cost adjustment (line 18 less line 22).., Petroleum Manufacturing Other Intercompany debt (line 19) Petroleum Manufacturing Other Royalties and license fees, before deduction of withholding taxes, net U.S. parents' receipts (table 1, part of line 9) U.S. parents' payments (table 1, part of line 26) Other private services, before deduction of withholding taxes, net U.S. parents' receipts (table 1, part of line 10) U.S. parents' payments (table 1, part of line 27) 125,996 121,922 42,253 79,668 4,076 8,082 -4,007 35,713 34,721 9,226 25,494 993 2,030 -1,038 3,408 289 33,217 32,243 9,773 22,470 974 2,038 -1,063 3,445 255 30,084 28,973 7,997 20,976 1,111 2,044 -934 3,484 261 32,016 4,307 8,884 18,826 -127,840 -26,285 -49,840 -7,082 -70,785 -12,964 20,945 5,881 -79,668 -25,494 1,668 6,291 -4,045 5,571 5,714 721 -13,863 -3,408 -113,977 -22,877 -49,840 -7,082 -479 -4,079 -3,449 -19,202 -3,154 -26,559 -65,805 -22,086 -3,141 -7,250 -5,634 -16,125 -42,430 -13,311 1,668 6,291 -1,339 537 -1,054 5,338 4,061 416 21,476 5,191 23,502 5,688 -2,026 -497 7,770 1,845 21,237 5,028 -13,467 -3,183 29,517 4,368 7,045 18,104 26,339 3,052 6,811 16,476 -43,562 -17,803 -20,298 2,496 -20,976 -4,783 -4,757 -26 -3,484 13,863 1,044 111,089 13,866 28,806 68,418 -36,689 -13,912 -20,720 6,808 -22,470 -307 -5,492 5,185 26,982 25,985 15,257 10,728 998 1,970 -972 3,526 239 28,946 27,823 7,847 19,976 1,123 1,892 -769 31,326 30,227 10,738 19,489 1,099 1,961 -862 3,570 300 3,618 227 35,270 34,277 11,554 22,723 993 2,030 -1,038 3,408 324 23,217 27,481 25,076 31,539 2,962 4,096 2,139 2,337 8,617 7,061 6,125 6,066 18,826 17,458 16,614 15,012 -21,304 -31,483 -31,179 -23,514 -6,141 -9,507 -7,082 -11,043 -8,532 -12,964 -16,803 -14,950 2,391 5,760 5,442 5,881 -10,728 -19,976 -19,489 -22,723 467 -5,548 6,291 -2,001 633 -6,861 5,571 -2,551 1,313 721 -166 551 -3,618 -3,408 -3,526 -3,570 -17,778 -27,913 -27,561 -20,106 -6,141 -7,082 -11,043 -9,507 -572 -2,309 -479 -93 -1,148 -3,531 -3,449 -6,189 -4,421 -3,154 -5,203 -3,226 -7,202 -16,406 -15,871 -19,315 -1,484 -1,319 -2,523 238 -3,350 -2,438 -4,840 -2,568 -4,872 -12,648 -11,037 -11,952 467 -2,001 -5,548 6,291 330 -3,177 315 537 10,964 -4,593 5,338 385 -9,787 -1,270 416 -248 5,927 5,411 5,759 5,513 6,508 5,908 6,020 6,277 -A97 -507 -581 -518 1,802 1,791 2,160 4,841 5,241 5,208 5,792 -3,417 -2,977 -3,439 -3,632 -3,445 -33,244 -13,912 -1,231 -10,443 -2,238 -19,025 -2,877 -3,725 -12,422 -307 -3,029 227 2,495 5,374 5,868 -494 -40,078 -17,803 -60 -1,779 -15,964 -17,492 -1,470 -4,198 -11,825 -4,783 823 -7,004 1,398 5,152 5,669 -517 1,922 5,263 -3,341 1,843 5,154 -3,311 -6,022 -352 -2,946 2,594 -5,671 -6,217 547 -1,591 -180 -6,267 -695 -5,154 4,460 -5,573 -6,150 577 -1,580 -243 1,903 7,874 -5,472 13,345 -5,970 -6,481 511 -1,579 -228 -4,251 -3,583 2,182 -2,850 52,241 44,445 50,935 -6,490 -2,594 10,390 11,358 -968 -4,444 -2,360 -2,962 878 14,455 12,695 18,677 -5,981 -4,460 6,219 7,643 -1,424 30,211 29,100 9,962 19,138 1,111 2,044 -934 27,436 26,438 9,544 16,894 998 1,970 -972 3,484 256 3,526 182 26,471 3,143 6,852 16,476 -41,724 -17,803 -20,298 2,496 -19,138 H783 H8 -4,757 -26 -3,484 -31,686 -13,912 -38,240 -1,231 -17,803 -60 -10,443 -1,779 -2,238 -17,467 -15,964 -2,650 -15,654 -1,409 -3,186 -3,938 -11,631 -307 -10,307 -4,783 -3,029 823 227 2,495 -7,004 1,398 5,474 5,310 5,968 5,827 -494 -517 1,916 1,976 5,288 5,360 -3,372 -3,384 23,727 2,244 6,471 15,012 -27,470 -11,043 -16,803 5,760 -16,894 467 633 -166 33,078 32,104 11,192 20,912 974 2,038 -1,063 3,445 281 29,353 4,383 6,866 18,104 -35,131 -13,912 -20,720 6,808 -20,912 -307 -5,492 5,185 -3,445 -3,526 -23,944 -11,043 -2,309 -3,531 -5,203 -13,368 -670 -4,160 -8,538 467 330 385 -248 5,281 5,799 -518 2,087 5,381 -3,294 28,679 27,556 9,784 17,772 1,123 1,892 -769 3,570 345 31,145 30,046 12,372 17,674 1,099 1,961 -862 3,618 258 24,765 2,223 5,928 16,614 -29,280 -9,507 -14,950 5,442 -17,772 -2,001 -2,551 551 -3,570 27,269 2,953 6,858 17,458 -29,363 -6,141 -8,532 2,391 -17,674 -5,548 -6,861 1,313 -3,618 -25,710 -9,507 -93 -6,189 -3,226 -14,202 -839 -1,524 -11,839 -2,001 -3,177 10,964 -9,787 5,751 6,258 -507 -25,745 -6,141 -572 -1,148 -4,421 -14,056 -1,237 -2,603 -10,216 -5,548 315 -4,593 -1,270 6,034 6,615 -581 1,817 5,011 -3,194 1,785 5,262 -3,477 -13,474 -7,887 -2,825 -5,062 -5,587 -6,037 449 -11,727 -1,872 -5,342 -4,513 Foreign direct investment in the United States: Income with current-cost adjustment, before deduction of withholding taxes (table 1, line 31) Earnings Distributed earnings Reinvested earnings Interest1 U.S. affiliates'payments U.S. affiliates'receipts -23,401 -708 -20,405 19,697 -22,694 -24,846 2,154 -6,361 -1.075 -13,015 -7,535 -6,833 -702 -5,480 -5,998 519 -15,965 -8,971 -3,177 -3,816 -10,980 -3,516 -2,317 -5,147 Capital with current-cost adjustment (table 1, line 64).. Equity capital Increases in equity capital 3 Decreases in equity capital 4 Reinvested earnings Intercompany debt.. U.S. affiliates' payables U.S. affiliates' receivables.. Less: Current-cost adjustment (line 49 with sign reversed).. 130,796 107,721 125,488 -17,766 -19,697 42,771 31,871 10,901 44,204 20,513 22,240 -1,727 702 22,988 9,626 13,362 6,361 Equals: Capital without current-cost adjustment2 Equity capital (line 56) Petroleum.. Manufacturing.... Other.. Reinvested earnings without current-cost adjustment (line 59 less line 63)... Petroleum Manufacturing Other.... Intercompany debt (line 60).... Petroleum Manufacturing Other 124,435 107,721 4,146 24,866 78,709 -26,058 5,533 -18,170 -13,420 42,771 629 22,551 19,592 -8,611 -10,982 2,371 1,611 42,593 20,513 477 6,274 13,762 -909 1,132 -2,074 33 22,988 -1,129 15,039 9,078 -2,188 -2,693 504 50,650 44,445 481 7,695 36,269 -4,185 3,214 -6,415 -984 10,390 -249 7,637 3,002 -2,144 -2,618 474 62 -14,943 15,006 319 -3,309 3,629 -219 -3,593 3,374 Less: Current-cost adjustment Less: Withholding taxes Equals: Income without current-cost adjustment, after deduction of withholding taxes 2 Petroleum Manufacturing Other Royalties and license fees, before deduction of withholding taxes, net U.S. affiliates' payments (table 1, part of line 26) U.S. affiliates' receipts (table 1, part of line 9) Other private services, before deduction of withholding taxes, net U.S. affiliates' payments (table 1, part of line 27) 82 U.S. affiliates' receipts (table 1, part of line 10) See the footnotes on page 66. -1,611 -424 1,591 -14,263 -8,676 -2,396 -6,280 -5,587 -6,037 449 -13,021 -7,541 -7,453 -88 -5,480 -5,998 519 -1,605 -115 3,710 488 -80 3,303 19,896 30,068 33,636 -3,568 -13,345 3,174 3,244 -69 -4,723 -12,543 -1,872 -972 -6,158 -2,691 -4,513 -1,059 2,184 16,648 8,597 10,964 16,858 10,302 -5,894 -1,706 -4,877 6,280 10,561 -12,693 11,364 -8,301 -803 -4,393 1,580 1,579 18,317 12,875 12,695 30,068 99 3,089 5,721 5,176 6,875 21,803 -6,040 -14,924 2,223 -1,036 -3,812 -5,869 -4,450 -8,019 6,219 3,174 -509 2,516 1,851 -1,976 4,877 2,635 -2,120 -2,159 -2,588 -3,083 469 924 -308 270 -3,867 -4,174 4,444 3,559 1,605 1,611 1,591 579 15,061 8,597 10,964 177 203 7,002 2,889 1,417 7,872 -6,464 4,675 1,716 -1,528 1,802 -1,272 1,158 -3,663 10,561 -12,693 -540 -544 3,532 -10,079 -2,074 7,573 -2,246 -2,354 -2,691 -2,733 445 379 199 -412 -3,741 -4,079 3,941 3,667 41,978 20,513 477 6,274 13,762 -1,523 1,132 -2,404 -251 22,988 -1,129 15,039 9,078 -2,227 -2,800 573 98 -3,518 3,616 49,511 44,445 481 7,695 36,269 -5,324 3,214 -7,727 -811 10,390 -249 7,637 3,002 -6,629 -1,275 -6,152 4,877 -5,353 -5,731 378 -1,587 -319 1,587 -6,303 -730 -5,436 4,706 -5,573 -6,150 577 -1,580 -242 1,166 7,136 -4,209 11,345 -5,970 -6,481 511 -1,611 -445 -5,246 425 -3,308 3,733 -5,671 -6,217 547 -1,591 -217 -1,579 -171 -6,610 -1,257 -6,559 5,302 -5,353 -5,731 378 -1,587 -335 -10,964 -3,516 -2,301 -5,147 43,589 20,513 22,240 -1,727 88 22,988 9,626 13,362 -3,437 -3,583 2,996 -2,850 51,102 44,445 50,935 -6,490 -3,733 10,390 11,358 -968 -4,480 -2,360 -2,998 878 14,208 12,695 18,677 -5,981 -4,706 6,219 7,643 -1,424 2,916 488 -875 3,303 21,897 30,068 33,636 -3,568 -11,345 3,174 3,244 -69 1,579 -4,687 -972 -2,656 -1,059 16,223 10,964 16,858 -5,894 -5,302 10,561 11,364 -803 1,587 12,628 20,318 12,695 30,068 3,089 99 5,721 5,176 6,875 21,803 -6,286 -12,924 2,223 -1,036 -3,676 -4,363 -4,833 -7,525 6,219 3,174 -509 2,516 1,851 -1,976 4,877 2,635 -2,037 -2,211 -2,745 -2,719 534 682 77 -206 -3,889 -3,950 3,683 4,027 14,636 10,964 203 2,889 7,872 -6,889 -1,528 -1,449 -3,912 10,561 -544 3,532 7,573 -2,423 -2,844 421 -708 -4,335 3,627 -2,134 -2,717 583 95 -3,586 3,681 1,580 -1,605 -142 966 8,597 10,302 -1,706 5,062 -12,693 -8,301 -4,393 1,605 -639 8,597 177 7,002 1,417 3,457 1,716 483 1,258 -12,693 -540 -10,079 -2,074 -2,254 -2,791 537 583 -3,719 4,302 U.S. International Transactions 56 October 2002 Table 6. Securities Transactions [Millions of dollars] Not seasonally adjusted Line (Credits +; debits - ) Foreign securities, net U.S. purchases (-), (table 1 , line 52 or lines 2 + 13 below) Stocks, net U.S. purchases New issues in the United States Of which: Western Europe Canada Latin America Transactions in outstanding stocks, net Western Europe Of which: United Kingdom Canada Japan Other Bonds, net U.S. purchases New issues in the United States By issuer: Central governments and their agencies and corporations Other governments and their agencies and corporations1 Private corporations International financial institutions2 ' area: Western Europe Canada japan Latin America Other countries International financial institutions2 I II 2002 IV III -94,662 -26,895 -51,764 10,087 -26,090 2,047 -9,987 -106,810 -21,533 -55,718 -10,886 -18,673 1,473 -20,231 -4,583 -1,142 (D) -2,591 -418 -432 -1,455 -1,544 (D) (D) -18,241 -9,918 -11,817 325 -1,069 -7,579 2,928 1,105 194 1,463 163 197 -18,687 -11,335 -14,734 944 -3,247 -5,049 (DJ D (D; -256 (D) ID! -102,227 -51,465 -27,413 -2,687 -19,867 -28,208 -20,391 -7,797 -6,125 225 -7,477 -5,342 -53,127 -24,516 1,742 -4,612 -10,370 -13,629 12,148 -5,362 3,954 -39,511 -8,325 -8,997 -2,087 -23, (D) -3,253 -59 -4,813 -200 -*M(D) (D) -5,583 (D) (°) -350 -923 -10,468 -9,234 -11,213 1,375 -951 -1,658 -7,417 574 10,244 -12,294 -6,012 -5,160 -3,273 -798 -8,223 -2,555 (D) -2,854 (D) -2,498 (D) -1,739 (D) (D) -2,331 -2,455 -2,208 (D) 897 -89: (D) (D) -3,585 -2,829 -3,214 -4,417 -2,276 -1,745 (D) -1,154 -1,785 (D) 20,973 -9,895 -9,108 (0) -14,286 -10,547 (D) -4,763 -2,089 -200 (D) -3,646 (D) -2,724 -1,212 (D) 33,441 9,774 6,240 13,929 3,498 7,422 1,372 1,571 2,622 1,857 6,162 2,382 1,436 1,505 839 8,880 1,031 1,131 6,368 350 10,977 4,989 2,102 3,434 452 4,720 1,462 924 1,934 400 8,281 2,163 1,994 3,528 596 18,218 -7,570 -17,998 3,999 147 21,642 -4,459 -11,438 -13,845 -247 -59 7,285 6,789 -4,248 -10,873 4,472 3,866 -6,100 -11,194 -11,821 -363 -2,971 8,428 1,866 4,309 1,387 -1,159 -3,133 2,699 21,988 19,310 18,541 137 -689 3,230 1,849 7,123 -1,607 -3 1,287 2,877 4,566 407,653 129,990 113,556 64,787 99,320 71,095 103,771 119,453 39,932 34,204 12,331 32,986 24,975 11,423 86,712 8,282 3,335 37,353 11,708 6,660 14,373 33,597 3,730 2,043 11,160 4,370 -221 2,186 22,402 1,325 856 8,745 3,161 4,104 4,537 8,307 1,047 -1,067 9,156 1,825 1,179 1,020 22,406 2,180 1,503 8,292 2,352 1,598 6,630 19,686 1,211 1,578 8,008 6,440 955 -2,105 -896 -149 147 -1,207 2,149 7,517 2,653 Corporate and other bonds, net foreign purchases 288,200 90,058 79,352 52,456 66,334 46,119 92,348 By type: New issues sold abroad by U.S. corporations U.S. federally sponsored agency bonds, net Other outstanding bonds.net 63,113 86,256 138,831 17,694 25,162 47,202 18,008 13,746 47,598 13,185 19,340 19,931 14,226 28,008 24,100 21,155 2,716 22,248 23,205 32,356 36,787 By area: Western Europe Of which: Germany Switzerland United Kingdom Canada japan Other countries International financial institutions2 180,957 10,762 5,701 159,857 516 18,472 88,387 -132 61,127 3,327 2,681 52,365 -44 3,345 25,679 -49 53,510 2,834 1,678 47,637 1,348 766 23,832 -104 30,498 1,264 766 29,791 -2,374 2,534 21,790 35,822 3,337 576 30,064 1,586 11,827 17,086 13 21,755 1,601 136 18,032 448 -4,626 28,447 95 46,020 563 1,956 37,127 599 15,230 30,740 -241 9,974 20,920 3,755 1,964 -16,281 3,142 3,574 1,033 -30 -5,854 -4,885 9,932 567 461 -15,386 2,151 -216 623 1,358 -17,402 9,566 7,630 1,532 175 22,361 77 7,296 2,003 -1,277 -9,301 486 6,548 1,412 -486 -2,387 Redemptions of U.S.-held foreign bonds3 Western Europe Canada Other countries International financial institutions2 Other transactions in outstanding bonds, net3 Western Europe Of which: United Kingdom Canada Japan Other U.S. securities, excluding Treasury securities and transactions of foreign official agencies, net foreign purchases (+), (table 1, line 66 or lines 2 + 10 below) Stocks, net foreign purchases By area: Western Europe Of which: Germany Switzerland United Kingdom Canada Japan Other 10 2001 2001 (D) Memoranda: Other foreign transactions in marketable, long-term U.S. securities included elsewhere in international transactions accounts: Foreign official assets in the United States (lines in table 9): U.S. Treasury marketable bonds (line A4) Other U.S. Government securities (line A6) U.S. corporate and other bonds (part of line A14) U.S. stocks (part of line A14) Other foreign transactions in U.S. Treasury bonds and notes (table 9, line B4) See the footnotes on page 66. October 2002 57 SURVEY OF CURRENT BUSINESS Table 7. Claims on and Liabilities to Unaliiliated Foreigners Reported by U.S. Nonbanking Concerns [Millions of dollars] Not seasonally adjusted (Credits +; increase in U.S. liabilities or decrease in U.S. assets. Debits - ; decrease in U.S. liabilities or increase in U.S. assets.) Line 2001 2001 I II 2002 III IV II 1 lr Amounts Outstanding June 30, 2002 -14,358 -51,759 9,670 -9,479 37,210 65 -26,976 855,330 -19,624 -25,564 5 940 -55,437 -43,179 - 1 2 258 12,273 11,988 285 -11,475 -19,380 7 905 35,015 25,007 10 008 -1,354 1,651 - 3 005 -26,976 -26,976 824,868 732,123 By type: Deposits 2 Financial intermediaries' accounts.... Other c l a i m s 2 3 -19,118 3,038 -3,544 -34,818 -16,538 -4,081 24,021 -12,079 331 -27,796 13,878 2,443 19,475 17,777 -2,237 7,224 -9,314 736 -17,185 -9,791 610,426 198,889 15,553 By area: Industrial countries 4 Of which: United Kingdom Canada Caribbean banking centers 5 Other -34,693 -22,042 2,392 19,950 -4,881 - 6 1 004 -46,843 3,494 8,958 -3,391 -4,973 -7,603 222 17,174 72 -3,478 6,844 -3,160 -7,267 -730 34,762 25,560 1,836 1,085 -832 -29,729 -18,870 1,108 28,348 27 5,266 3,943 1,323 3 678 3,132 546 -2,603 -2,681 78 1,996 1,628 368 2,195 1,864 331 1,419 2,775 -1,356 30,462 26,704 3,758 By type: Trade receivables Advance payments and other claims, 5,518 -252 4,146 -468 -2,149 -454 1,779 217 1,742 453 1,951 -532 25,646 4,816 By area: Industrial countries 4 Members of OPEC 6 Other 3,071 440 1,755 2,360 163 1 155 -1,532 -117 -954 1,256 175 565 987 219 989 1,159 136 124 18,966 Liabilities, total (table 1 , line 68) 82,353 111,644 -5,307 -25,154 1,170 32,345 25,956 844,058 74,316 72,603 1,713 105,966 90,382 15,584 -5,886 6,960 -12,846 -28,697 -23,877 •^,820 2,933 -862 3,795 27,260 21,516 5,744 25,956 25,956 815,561 765,564 49,997 -13,324 87,640 14,099 91,867 6,731 -12,617 -22,994 -5,703 -11,160 14,093 15,078 12,182 5,657 20,299 256,005 559,556 By area: Industrial countries 4 Of which: United Kingdom Caribbean banking centers 5 Other 49,120 18,326 28,282 -3,086 92,203 77,624 16,655 -2,892 -13,977 -11,987 7,927 164 -21,829 -21,238 -4,531 -2,337 -7,277 -26,073 8,231 1,979 26,142 11,166 1,787 -669 1,995 23,961 550,503 313,621 222,503 42,555 Commercial liabilities Denominated in U.S. dollars Denominated in foreign currencies 8,037 9,347 - 1 310 5,678 5,956 -278 579 1,060 -481 3,543 3,492 51 -1,763 -1,161 -602 5,085 4,809 276 26,731 1,766 -2,473 10,510 -1,812 7,490 732 -153 -1,473 5,016 80 -1,843 3,103 1,982 14,923 13,574 8,289 -327 5,121 563 538 -334 2,661 -18 75 -6 375 900 -31 -538 -1,194 3,210 642 1,233 15,224 3,928 9,345 Claims, total (table 1 , line 53) Financial claims Denominated in U.S. dollars Denominated in foreign currencies Commercial claims Denominated in U.S. dollars Denominated in foreign currencies Financial liabilities Denominated in U.S. dollars Denominated in foreign currencies By type: Financial intermediaries' accounts Other liabilities By type: Trade payables Advance receipts and other liabilities. By area: Industrial countries 4 Members of OPEC 6 Other See the footnotes on page 66. 92,745 495,940 288,542 8,737 -33,796 6,820 309,308 19,620 1,220 10,276 28,497 October 2002 U.S. International Transactions 58 Table 8. Claims on Foreigners Reported by U.S. Banks [Millions of dollars] Not seasonally adjusted Line (Credits +; decrease in U.S. assets. Debits - ; increase in U.S. assets.) 2001 2002 2001 II" Total (table 1, line 54) -128,705 -113,914 By type: Banks own claims Payable in dollars.., By borrower: Claims on: own foreign offices unaffiliated foreign banks... foreign public borrowers 1 . other private foreigners By type of reporting institution: 2 U.S.-owned banks' claims on: own foreign offices unaffiliated foreign banks other foreigners Foreign-owned banks' claims on: own foreign offices unaffiliated foreign banks other foreigners Brokers' and dealers' claims on: unaffiliated foreign banks other foreigners Payable in foreign currenciesBanks' domestic customers' claims Payable in dollars Deposits Foreign commercial paper3 Other negotiable and readily transferable instruments 4 ., Outstanding collections and other Payable in foreign currencies By area: Id Industrial countries5 Western Europe Of which: United Kingdom Canada Japan Other Caribbean banking centers6 Other areas Of which: Members of OPEC, included below 7 Latin America Asia Africa Other8 -685 69,576 -142,744 -105,573 -21,087 -119,395 -85,054 -15,565 -82,779 -9,459 -11,389 -15,768 -44,336 -10,766 -11,494 -18,458 -32,435 -16,620 10,024 Amounts Outstanding June 30, 2002 -83,682 727 -72,676 1,502,637 40,345 -56,429 -9,895 -59,470 1,202,559 29,207 -47,983 -5,149 -52,618 1,109,285 -20,620 10,194 -3,075 -2,064 24,171 -845 6,418 -537 -41,994 -8,042 -3,238 5,291 -5,328 5,667 -6,284 796 -44,053 2,551 4,520 -15,636 795,215 92,344 51,042 170,684 -3,375 -12,351 16,756 -3,222 7,274 857 -24,564 -2,669 -16,341 -1,274 -8,874 8,752 7,489 2,316 -5,254 -12,225 2,895 3,032 269,848 37,120 14,893 -50,344 9,053 -10,104 -40,961 665 -21,513 -17,398 3,662 -2,332 48,735 2,948 14,534 -40,720 1,778 -793 -12,817 3,489 -540 -31,828 -2,815 2,203 525,367 39,238 91,858 -1,892 -27,077 920 -25,195 -742 -3,664 -1,124 7,688 -946 -5,906 -138 306 2,471 -16,351 15,986 114,975 -23,349 -20,519 -5,522 11,138 -8,446 -4,746 -6,852 93,274 14,039 7,256 7,803 19,207 -16,665 -3,089 6,783 -8,341 -11,647 -10,974 11,253 -11,289 -637 3,306 20,402 20,440 17,667 3,380 2,276 -2,883 -38 29,231 28,971 22,119 5,146 -4,707 6,413 260 -27,253 -30,508 -21,009 -572 -2,945 -5,982 3,255 10,622 9,445 4,912 746 2,641 1,146 1,177 -13,206 -13,655 1,281 -9,462 -6,432 958 449 300,078 284,073 86,353 122,766 61,241 13,713 16,005 -84,748 -103,719 -63,296 -89,855 -31,419 -30,154 -6,137 -18,901 -7,861 -5,119 134 2,568 -15,780 -18,107 -2,311 -6,018 4,890 3,455 75,376 69,952 2,040 2,504 2,042 878 ^0,625 -25,286 -994 -9,250 -4,190 -1,899 -26,629 -26,682 10,247 -2,419 2,294 178 -35,121 -29,026 -16,626 -5,697 14 -412 911,700 764,328 342,439 89,557 43,993 13,822 -42,409 -7,858 14,736 -3,233 -46,054 30,187 -30,352 429,054 -1,548 1,907 7,529 -8,644 214 -647 -2,337 286 2,847 -5,664 39 441 359 464 2,003 -239 -73 -1,332 -2,567 512 -2,631 -215 261 18 2,997 645 5,310 -2,526 -13 226 -2,831 -2,370 -493 -1,412 58 -984 -7,203 -859 -618 -7,228 -96 739 161,883 17,629 87,343 65,861 1,479 7,200 -25,429 -12,840 -18,786 31,183 -24,986 -2,996 -12,729 322,106 -27,619 -2,837 1,414 3,613 -15,552 330 353 2,029 -22,009 1,156 468 1,599 32,557 -943 138 -569 -22,615 -3,380 455 554 -8,982 4,732 -191 1,445 -15,112 445 554 1,384 258,751 34,819 3,923 24,613 -27,817 2,388 1,660 2,737 -15,577 1,255 -12,668 -6,118 -61 4,390 -7,042 38,225 586 17,849 -10,844 -14,142 -120 -25,505 19,824 -22,820 449 22,432 -1,569 -11,160 -214 -34,289 74,295 247,811 2,353 149,206 Memoranda: International banking facilities' (IBF's) own claims, payable in dollars (lines 1-13 above).. By borrower: Claims on: own foreign offices unaffiliated foreign banks foreign public borrowers alt other foreigners By bank ownership:2 U.S.-owned IBFs Foreign-owned IBF's Banks' dollar acceptances payable by foreigners Resale agreements 9 (in lines 1 through 15 above) See the footnotes on page 66. October 2002 59 SURVEY OF CURRENT BUSINESS Table 9. Foreign Official Assets and Other Foreign Assets in the United States Reported by U.S. Banks [Millions of dollars] Not seasonally adjusted Line (Credits +; increase in foreign assets. Debits - ; decrease in foreign assets.) 2001 Amounts Outstanding June 30, 2002 2002 2001 II A1 Foreign official assets in the United States, net (table 1 , line 56)... U.S. Treasury securities (table 1, line 58) Bills and certificates Bonds and notes, marketable . Bonds and notes, nonmarketable Other U.S. Government securities (table 1, line 59) Other U.S. Government liabilities (table 1 , line 60) U.S. liabilities reported by U.S. banks, not included elsewhere (table 1, line 61)... Banks' liabilities for own account, payable in dollars 1 Demand deposits Time deposits 1 Other liabilities 2 Banks' custody liabilities, payable in dollars 1 3 Other foreign official assets (table 1, line 62) 5,224 4,087 -20,831 16,882 5,086 7,641 47,062 1,073,908 10,745 -1,027 -3,806 3,142 -363 -20,798 15,810 14,704 2,151 -1,045 -216 89 -782 1,424 573 -755 1,606 -2,206 1,981 16,760 7,820 -582 -407 77 -252 7,296 -790 15,193 14,866 486 -159 6,548 -20 24,415 667,426 176,178 488,247 3,001 167,016 10,935 148,531 -17,896 -50 -12,526 -5,320 -2,611 1,707 13,303 92,595 -944 820 2,709 9,974 -1,938 20,920 -1,882 -30,278 3,574 -676 -16,009 -4,885 96 9,932 -791 -10,202 -15,940 3,604 1,213 227 -433 -7,452 8,112 5,719 1,003 -794 -13,155 1,028 102,997 10,889 40,318 -61,037 -7,670 -4,744 -14,685 -15,470 -13,292 -956 986 2,953 -1,046 4,793 9,566 -626 7,630 -504 -20,507 991 -4,232 -337 -5,825 1,930 5,223 726 13,427 11,112 926 1,707 14,466 76,422 55,936 80,000 112,827 -18,333 36,275 1,728,455 27,229 -7,282 1,386 387,001 By area (see text table D) Other foreign assets in the United States, net (table 1 , lines 65 and 69) Treasury securities (line 65)... By security: Bills and certificates Marketable bonds and notes.., U.S. liabilities reported by U.S. banks (line 69).. Banks' own liabilities 1 Payable in dollars By account: Liabilities to own foreign offices Liabilities to unaffiliated foreigners: demand deposits time deposits 1 other liabilities 2 By holder: Liabilities to: own foreign offices unaffiliated foreign banks other private foreigners international financial institutions 4 By type of reporting institution: 5 U.S.-owned banks' liabilities to: own foreign offices unaffiliated foreign banks other private foreigners and international financial institutions 4 .. Foreign-owned banks' liabilities to: own foreign offices unaffiliated foreign banks other private foreigners and international financial institutions 4 .. Brokers' and dealers liabilities to: unaffiliated foreign banks other private foreigners and international financial institutions 4 .. Payable in foreign currencies Banks' custody liabilities, payable in d o l l a r s 1 3 Of which: Negotiable and readily transferable instruments.. By area: Industrial countries 6 Western Europe Canada Other Caribbean banking centers 7 Other areas Of which: Members of OPEC, included below 8 ... Latin America Asia Africa Other 9 Memoranda: International banking facilities' (IBF's) own liabilities, payable in dollars (in lines A9 and B7 above) By holder: Liabilities to: own foreign offices unaffiliated foreign banks foreign official agencies other private foreigners and international financial institutions 4 By bank ownership: 5 U.S.-owned IBFs Foreign-owned IBF's.. leposit held for foreigners 1 (in lines A13 and B25 above) Repurchase agreements 10 (in lines A12 and B11 above) See footnotes on page 66. 8,611 1,110 701 1,932 4,868 2,019 3,773 32,101 -16,281 -5,854 -15,386 -17,402 22,361 -9,301 -2,387 354,900 110,667 96,630 76,454 15,633 25,743 7,327 55,003 36,939 16,560 -45,567 -45,265 -26,360 85,598 79,213 78,927 -11,051 -6,882 -8,345 34,889 28,368 19,562 1,341,454 1,193,850 1,100,622 66,627 -17,548 9,561 -11,104 85,718 -11,358 18,305 792,397 1,338 -16,238 24,727 1,159 2,445 21,271 -37 -6,016 13,052 2,351 -1,324 -16,283 -2,135 -11,343 6,687 3,176 -7,227 7,064 -912 -10,257 32,877 117,205 158,143 66,627 -13,211 -17,548 15,720 9,397 -242 9,561 -5,661 11,078 -11,104 -11,358 5,332 -3,085 1,582 -10,063 -404 85,718 -18,481 14,599 -9,336 25,011 -1,973 10,390 203 792,397 118,490 178,598 11,137 41,645 11,872 -9,479 -61,310 3,478 -8,028 28,799 10,995 -3,160 21,864 230 4,764 52,292 -2,831 -3,055 -43,005 2,805 -2,902 21,567 -5,153 -3,695 385,312 41,976 25,712 24,982 -25,949 43,762 7,110 7,095 -19,238 -15,576 31,647 -13,510 1,984 -4,949 9,988 -32,968 -3,973 -6,347 33,426 12,720 515 -3,262 -3,781 1,220 407,085 61,218 81,587 866 19,797 5,132 10,088 -1,080 5,832 -1,046 -8,884 -2,140 12,761 7,476 68 -402 13,068 15,296 82,436 20,176 18,416 20,379 -18,905 286 1,463 8,806 93,228 14,037 9,457 -10,110 -12,071 18,064 15,821 -302 -311 6,385 6,018 -4,169 680 6,521 6,023 147,604 92,874 9,834 30,515 22,052 82,007 64,074 -656 18,589 21,156 9,664 1,870 1,030 12,897 -381 -3,882 -5,875 -10,232 -20,555 -12,356 -589 4,946 -20,096 7,638 -1,313 -6,886 43,596 13,234 1,597 3,488 3,087 726 337 793,569 517,960 36,487 239,122 595,340 339,546 41,524 5,239 -87,017 -83,867 -3,547 397 17,595 8,385 -1,580 5,665 2,112 -332 940 -1,518 448 5,454 35,339 17,303 -8,484 26,520 44,424 23,234 -2,274 9,080 15,044 -5,807 597 1,526 6,937 3,345 6,458 -693 -4,789 -2,909 12,426 18,305 9,653 -234 4,735 2,328 -1,273 -1,871 -1,776 -2,256 321 2,438 5,551 -23,791 18,932 -36,811 47,221 11,807 4,009 405,079 42,720 -19,470 -14,109 -21,232 -3,590 -701 19,132 -5,488 8,023 -2,735 -33,742 -4,157 1,103 -15 78,562 -13,621 -17,581 -139 23,038 -6,571 -2,121 -2,539 11,023 -6,286 2,030 -2,758 286,843 65,263 33,590 19,383 36,261 -30,710 -5,085 -18,706 -9,694 27,488 -8,556 964 -37,775 12,894 34,327 -19,356 31,163 4,039 -30 69,460 335,619 366 -3,163 -1,656 -15,399 -2,788 39,628 1,058 -23,921 5,991 31,112 27,489 157,929 -13,772 3,796 -5,654 4,161 -3,100 158 1,030 8,850 139,252 136,658 7,691 55,945 U.S. International Transactions 60 October 2002 Table 10. U.S. International [Millions Western Europe (Credits +, debits - ) 1 Line European U n i o n 2001 14 2001 2002 2001 2001 II" Current account 87,531 90,304 354,145 62,432 63,956 244,472 37,586 89,569 64,806 40,268 39,414 38,708 155,788 25,486 803 24,538 768 23,018 677 25,248 851 88,684 2,420 6,292 1,588 2,310 6,439 1,750 2,411 4,620 1,262 2,121 4,179 1,140 2,070 5,400 1,368 2,240 4,442 9,732 43 4,516 9,579 33 4,249 4,926 10,803 38 4,529 10,389 34 10,493 35 126,193 126,033 54,407 70,600 1,026 38,422 38,383 16,648 21,450 285 33,927 33,887 29,081 14,651 19,035 201 12,262 16,511 268 24,763 24,722 10,846 13,604 272 25,099 25,058 12,132 12,662 264 160 39 40 40 41 41 41 -460,387 -123,831 -127,150 -105,510 -103,896 -106,813 -121,918 -325,308 -83,705 -62,993 -88,788 -72,612 -80,203 -76,608 -88,583 -56,568 -16,044 -2,203 -58,948 -21,255 -2,291 -55,245 -21,363 -2,184 -62,474 -20,712 -2,077 -62,521 -26,267 -2,091 97,947 64,196 42,898 21,298 567 4,696 1,340 1,956 4,053 8,648 38 33,751 33,715 14,338 19,124 253 36 -110,838 -74,717 -56,779 -17,938 -1,656 -3,661 -2,254 -2,690 -1,434 -6,000 -243 -36,121 -35,989 -9,635 -21,040 -5,314 -132 14 -1 -326 341 397,085 110,234 105,129 92,153 270,892 71,812 71,202 63,072 171,421 47,725 45,842 99,471 3,603 24,087 990 25,360 1,042 Travel Passenger fares Other transportation 22,557 5,978 9,138 5,206 1,378 2,296 Royalties and license fees 5 Other private services 5 U.S. Government miscellaneous services.. 18,133 39,910 152 Exports of goods and services and income receipts Exports of goods and services Goods, balance of payments basis 2 Services 3 Transfers under U.S. military agency sales contracts 4 Income receipts Income receipts on U.S.-owned assets abroad.. Direct investment receipts Other private receipts U.S. Government receipts Compensation of employees Imports of goods and services and income payments.. Imports of goods and services Goods, balance of payments basis 2 3 Services Direct defense expenditures -393 -522 -294 -374 41 146 20,555 5,788 7,906 16,333 35,548 134 109,673 109,525 45,249 63,360 916 148 -415,109 -293,212 -219,492 -73,720 -6,946 -19,053 -10,677 -10,568 -6,548 -18,952 -976 -121,897 -121,376 -23,806 -77,333 -20,237 -521 106 -17 -1,307 1,430 32 36 37 122 31 57,732 -10,765 -141 -57,727 -152 -57,511 -168 -182,988 -529 -143,413 -124 -67,121 -96 -164 -168 -141 -152 -129 -96 -203 -476 273 170 260 126 170 115 11 -529 244 -215 472 -13 -124 91 -26 111 6 135 -12 161 -14 16 -25 40 1 -17,999 -57,404 -89,865 -74,104 -21,712 -26,588 -7,699 -18,105 58,103 -17,162 10,662 -5,150 69,753 -10,794 -6,168 -18,578 39,045 -57,508 -15,810 -12,635 -25,093 -29,063 -182,703 -46,597 -54,586 -28,944 -52,576 -143,424 -7,229 -18,960 -52,898 -64,337 -67,041 -20,939 -27,434 -11,678 -6,990 450,172 242,920 131,744 -46,724 122,232 33,633 404,151 243,891 124,566 -3,184 -2,033 -3,444 6,359 -4,066 3,101 -241,030 -84,278 -8,662 9,796 38 29,041 4,861 26,348 26,307 13,222 12,908 177 -26,109 -2,226 Other transportation -20,901 -11,813 -13,033 -3,924 -2,555 -3,385 -7,364 -3,881 -3,411 -6,302 -3,685 -3,210 -3,311 -1,692 -3,027 -3,526 -2,283 -2,745 -6,381 -3,259 -3,175 Royalties and license fees 5 Other private services 5 U.S. Government miscellaneous services -8,390 -20,332 -1,147 -1,844 -6,641 -286 -1,970 -7,269 -281 -2,129 1,774 -289 -2,447 -8,196 -291 -2,038 -8,300 -287 -2,186 -8,580 -302 -10,298 -23,800 -5,874 -154 -38,362 -38,219 -9,685 -22,793 -5,741 -143 -32,898 -32,758 -6,763 -20,450 -5,545 -140 -23,693 -23,532 969 -30,205 -30,040 -5,784 -19,177 -33,335 -33,183 -8,912 -19,315 -4,956 -152 -394 -187 -373 166 -269 -154 -356 241 -427 -217 -369 159 -426 -195 -485 254 -561 -209 -1,583 820 134 34 34 34 -201,495 -223 -174,285 -74,177 250 -164 -223 250 253 -515 791 -23 195 -13 237 -29 -201,525 -54,504 -52,503 -31,208 -63,310 -174,730 -9,462 Travel Income payments Income payments on foreign-owned assets in the United States.. Direct investment payments Other private payments U.S. Government payments Compensation of employees Unilateral current transfers, net U.S. Government grants 4 U.S. Government pensions and other transfers Private remittances and other transfers 6 92,857 63,465 40,703 22,762 691 5,718 1,541 2,018 4,149 8,616 29 29,392 29,355 12,229 16,949 177 37 -113,498 -78,787 -55,952 -22,835 -1,666 -6,715 -3.510 -2,753 -1,509 -6,442 -240 -34,711 -34,585 -8,951 -20,429 -5,205 -126 51 -1 -323 375 -135,079 -134,481 -25,777 -86,257 -22,447 -598 -1,516 -753 -40,126 -39,972 -19,214 -5,287 -161 -5,079 -165 Capital and financial account Capital account 39 Capital account transactions, net Financial account U.S.-owned assets abroad, net (increase/financial outflow (-)) U.S. official reserve assets, net Gold 7 Special drawing rights Reserve position in the International Monetary Fund Foreign currencies U.S. Government assets, other than official reserve assets, net U.S. credits and other long-term assets Repayments on U.S. credits and other long-term assets 8 U.S. foreign currency holdings and U.S. short-term assets, net.., U.S. private assets, net Direct investment Foreign securities U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns.... U.S. claims reported by U.S. banks, not included elsewhere Foreign-owned assets in the United States, net (increase/financial inflow(+)) Foreign official assets in the United States, net U.S. Government securities U.S. Treasury Securities 9 Other 10 Other U.S. Government liabilities 11 U.S. liabilities reported by U.S. banks, not included elsewhere Other foreign official assets 1 2 Other foreign assets in the United States, net Direct investment U.S. Treasury securities U.S. securities other than U.S. Treasury securities U.S. currency U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns.. U.S. liabilities reported by U.S. banks, not included elsewhere Statistical discrepancy (sum of above items with sign reversed) Memoranda: Balance on goods (lines 3 and 20) Balance on services (lines 4 and 21).. Balance on poods and services (lines 2 and 19) Balance on income (lines 12 and 29) Unilateral current transfers, net (line 35) Balance on current account (lines 1,18, and 35 or lines 7 3 , 7 4 , and 75) 1 ; See the footnotes on page 66. -1,05- -129 ) -105 -438 (17) 453,356 111,304 -53,083 13,517 126,298 10,317 267,669 38,805 58,229 -6,755 ""56,851 95,037 -21,559 (17) -183,993 ( 17 ) -54,678 -69,609 15,193 -54,416 -8,886 -1,516 -64,818 -15,268 3,375 -11,893 -1,704 -394 -13,991 80,461 20,918 30,532 -1,513 ( 17 ) 45,1 i,125 -72 59,069 (18) 257,027 18 67,877 20,270 (18) 74,047 18 93,091 32,157 -35,311 2,742 -96,746 -2,990 55,977 -160,427 -87,632 -16,679 -907 -18,982 -18,680 3,283 -15,831 1,655 -17,586 -4,435 -269 -9,540 -14,176 -23,766 -861 -24,627 -3,817 -427 -15,397 1,070 -426 -22,290 -13,784 -14,753 -5,106 -561 -19,843 -32,136 -63,704 14,964 -48,740 -12,224 106 -60,858 -13,881 3,360 -10,521 -2,370 14 -12,877 9,442 -6,987 -522 -3,692 6,650 18 -36,886 -15,249 -73 -15,322 -5,319 51 -20,590 October 2002 61 SURVEY OF CURRENT BUSINESS Transactions, by Area of dollars] European Union14 2002 2001 II" 83,641 79,700 78,477 80,365 111,923 58,105 35,124 58,706 56,916 37,063 21,643 589 4,259 1,213 1,830 4,229 9,489 34 20,994 20,956 8,439 12,266 251 38 -93,758 -73,007 36,165 57,878 35,147 20,751 567 22,731 526 69,375 39,701 29,674 528 9,191 2,685 1,904 22,981 573 5,882 1,694 2,102 3,902 8,795 33 25,536 25,499 10,243 15,021 235 37 -97,015 -66,701 -52,156 -14,545 -1,782 -5,616 -3,333 -2,635 -1,654 720 -245 -30,314 -30,189 -6,556 -18,643 -4,990 -125 -5 -3 -329 327 3,770 4,908 1,109 1,328 1,944 1,793 4,150 4,444 3,308 9,332 9,550 12,027 30 31 31 21,561 22,487 42,548 21,523 22,449 42,472 9,697 10,586 12,051 11,607 11,707 30,325 219 156 96 38 76 38 -95,682 -108,669 -137,040 -69,563 -64,655 -79,546 -51,173 -56,824 -40,982 -18,390 -22,722 -23,673 -1,795 -662 -1,836 -3,290 -5,990 -5,819 -2,016 -2,949 -3,801 -2,256 -2,416 -2,633 -1,535 -1,508 -1,717 -7,254 -9,215 -7,509 -244 -259 -81 -26,119 -72,385 -29,123 -25,978 -28,989 -72,253 -3,754 -6,964 -11,823 -17,684 -17,621 -53,133 -4,540 -4,404 -7,297 -141 -134 -132 -100 -172 1,561 -3 -131 -331 -235 -336 234 1,796 295 -54,605 -18,402 -1,842 -3,061 -1,580 -2,490 -1,951 -7,230 -248 -20,751 -20,613 1,336 -17,221 -4,728 -138 46 -12 -329 387 2002 2001 2 001 IV III European Union ( 6 ) 1 5 United Kingdom I II IV III II I II" V 31,336 17,532 30,398 18,837 27,089 16,849 23,100 16,157 22,578 14,702 23,567 184,499 50,492 47,581 15,555 132,115 35,182 33,585 10,338 7,194 255 11,301 9,268 8,794 7,536 80 8,323 7,232 78 1,583 483 413 821 3,041 4 7,876 7,856 2,454 5,402 2,149 593 461 20 -31,993 20 -35,643 91,969 40,146 1,176 7,941 2,574 4,064 7,747 16,564 80 52,384 52,332 26,085 25,591 656 52 -209,943 25,689 9,493 208 2,503 687 498 794 2,966 8 11,561 11,542 3,389 8,153 7,363 80 2,154 646 423 947 3,108 5 6,943 6,923 1,018 5,809 96 20 -31,179 8,265 6,437 92 1,971 583 479 7,581 113 2,563 769 504 -10,179 -6,329 -165 -1,103 -642 -563 -517 -3,319 -20 -14,671 -14,636 -757 -12,042 -1,837 -35 402 -15,500 -9,132 -6,368 -156 -1.196 -771 -520 -367 -3,340 -18 -16,493 -16,457 -2,181 -12,361 -1,915 -36 320 -17,989 -10,622 -7,367 -160 -1,566 -960 -602 23,420 10,165 279 2,232 689 1,028 1,936 3,985 16 13,996 13,983 6,978 6,842 163 13 -58,926 -46,653 -34,144 765 3,130 11 13,804 13,786 4,558 9,228 18 -37,284 -17,177 -10,939 -6,238 -161 -1,332 -869 -602 19 -37,285 -17,464 -10,482 -6,982 -151 802 2,823 7 10,240 10,221 3,086 7,135 19 -31,292 -13,506 -9,382 -4,124 -185 -1,747 -1,137 -612 -401 -21 -21 -16,508 845 3,102 4 8,012 7,992 2,526 5,466 -171,859 -133,092 -38,767 -5,760 1,889 617 1,000 1,878 3,880 21 15,310 15,297 7,537 7,577 183 13 -56,904 -43,884 -34,660 -9,224 -1,374 -12,509 -1,402 18 20 21 39 -19,698 84 40 41 42 43 44 45 -52,917 -107,468 -100,997 -21,339 10,551 4,317 -8,151 -32,427 -80,176 -187 -44,813 -51,769 -168 -3 -178 175 -141 96 -152 155 -129 46 54 96 155 40 6 56 -2 -t -1 15,409 -14,787 9,585 -2,988 23,599 -21,447 12,353 -3,642 -17,777 38,620 -4,848 57,141 -21,811 -6,693 4,710 -24,884 5,056 21,010 -52,834 -12,955 -13,029 -107,522 -13,231 -41,494 -21,378 -31,419 237,383 -100,996 -5,019 -19,920 -45,903 -30,154 174,897 -21,338 -3,281 -7,887 -7,859 -2,311 38,939 11,280 -28.S 86 22,327 -129 -187 -1 i? 18 18 18 18 18) 32 6 -1 56 2,954 14,226 18\ 18 I R 5,276 -1 54,f«3 37,911 -18 940 18 -52,523 -2 582 18 33,986 19 499 18 -58,678 19,557 -55,466 18,070 -17,032 8,436 -8,596 -4,778 -5 -13,379 -17,542 3,241 -14,301 243 46 -14,012 -15,008 2,361 -12,647 -4,558 -100 -17,305 56 14 -10 -13 4,261 1,149 -21,186 25,292 -994 -8,151 -1,316 1,534 -18,616 10,247 31,458 329 18 18 18 18) 18\ 18) 18) 18 18 18 18) 18\ 18) -7 2 18) 18J 18) 18) PI ,8) R 5,2 28 5,£ 22 -2,1 00 18 3,109 J 14 -32,441 -1,522 -14,293 -16,626 48,510 I" (18 i «} 18) 1: P •fi 18\ -10 -79,979 -35,810 -17,782 -13,058 -13,329 140,778 -13 ^4,800 -4,946 -977 -7,702 -31,175 61,588 18 18 18) 18 18 18 18 18 16 1 18) (18 18\ / J18 18) 13,271 44,974 18 2,670 35,371 -106,385 -68,353 -11,118 1,189 -28,103 16,909 -4,348 -34,667 -10,226 -1,281 6,001 4,720 -29,837 1,561 -23,556 -601 819 554 -114 3,457 3,343 -7,546 368 -3,835 -1,385 1,034 -351 -7,728 402 -7,677 -867 69 -798 -8,617 320 -9,095 -2,299 -135 -2,434 -9,642 333 -11,743 -41,123 1,379 -39,744 14,300 -563 -26,007 -8,971 393 398 -6,489, 18 18 2 269 -8,702 2,290 -154 -6,566 16,423 -4,874 1,594 14,564 5,139 15,358 _ 14 16 18\ -27,562 -10,972 3,603 -7,369 2,338 -146 -5,177 (18) s 8) ;:| 18 18) _ 45 P) -10,724 -2,344 -13,068 1,723 -135 -11,480 I 18\ R 2,715 8,311 18 14,973 is _24,278 19,719 -15,226 16 -10,362 -19,630 ^,010 -8,436 1,344 925 -5,115 -2,581 ""-12Ti9 11,737 -8,323 18) R 1,C 12,640 18 -41,451 -5,555 18 18 14, 49 -24,740 18 19,949 -6,303 18 18 18 18) 12,894 18 2,923 -22,252 18 -30,403 1,373 -8,260 170 -9,244 2,249 -13,868 21,033 -14,625 21,587 -11,339 18 -11,354 18 3 -51,772 -16,746 -20,648 -6,052 -8,326 78,457 49,793 78,506 18 27,746 956 355 -99 1 35,920 26,040 20175 18 5,938 9 -81 5J65 56 -21,668 -6,636 -172 -28,476 -106 41,082 47 -21,677 -99 24,1 56,382 576 -10,460 -81 43,e 57 63,525 18 16,342 3 (18) 197,210 42,326 64 -106 1 56 10,551 -6,080 7,499 7,092 2,040 -7,911 (18) 38,674 -3,169 -3,078 3,105 -4,224 -1,959 -91 -128 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 19 -21,808 -152 18 -33,550 -9,690 -1,506 -1,627 -859 -1,116 -934 -3,452 -196 -6,820 -6,727 -655 -4,340 -1,732 -93 -193 -179 -14 -141 (18) -30,581 -181 53 12,308 (18) 18 19 20 21 22 -178 32 -168 } ;.] 13 -54,162 -45,533 -174 39 15,238 18) -42,463 -32,543 -9,920 -1,527 -1,492 -598 -1,228 -1,192 -3,685 -198 1,916 594 1,018 2,001 4,637 22 11,355 11,342 6,513 4,829 -135 18 18) 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 -179 25 17 (18) 21,553 10,375 187 -712 149 72 P) 9,592 284 1,517 511 931 1,871 4,458 20 10,451 10,438 5,534 4,752 152 13 -47,091 -40,271 -55 388 8 18 21,905 9,771 389 1,448 505 933 2,042 4,432 22 11,118 11,105 5,984 4,979 142 13 -45,632 -58 378 8 2 2 -57 459 -1,014 -3,189 -191 -12,273 -12,189 -4,720 -5,171 -2,298 -84 5 18) 1 31,928 -61 429 -813 -2,748 -193 -13,020 -12,933 -5,009 -5,438 -2,486 -87 -154 6 46 43,283 398 -319 -3,740 -20 -17,654 -17,620 -3,359 -12,251 -2,010 -34 333 7 i18) -31,745 -7,114 -1,457 41,948 31,497 -59 457 -3,679 -1,693 -1,341 8 18 2,372 763 1,103 1,891 4,267 21 11,960 11,947 5,586 6,193 168 13 -48,481 -38,859 42,976 31,858 22,087 -58 451 -1,811 -965 -1,320 26 18 18 20,773 10,717 300 ii" -17,786 -17,754 -3,171 -12,737 -1,846 -32 368 -356 -2,898 -20 -20,107 -20,074 -4,037 -14,306 -1,731 -33 393 -9,603 -4,709 -5,198 -4,045 -8,676 -776 -38,084 -37,739 -9,197 -19,634 -8,908 -345 -563 34 18 18) 43,450 31,490 I' -2,621 -1,453 -1,309 -1,026 946 -194 -9,622 -9,539 -2,573 -4,801 -2,165 -83 -146 -1,808 -1,153 -639 -234 -2,977 -20 -19,821 -19,789 -3,858 -14,048 -1,883 -32 33 18\ Line -11,983 -1,541 -3,187 -1,413 -1,328 -1,161 -3,144 -209 -8,629 -8,539 -2,644 -4,361 -1,534 -90 -168 -3 -190 25 29 ;8) IV III 31 -26,850 45,988 2002 2001 2001 . I 8\ i ( "I / 8\ 88j (18) 15,966 12,959 8,022 21,054 18 9,052 7,983 18 -20,159 -28,934 4,039 -15"53i 39,047 -10,456 -149 -10,605 7,949 -128 -2,784 -8,676 -98 -8,774 3,631 -193 -5,336 -11,997 -1,608 -13,605 2,726 -168 -11,047 4,1*65 18 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 U.S. International Transactions 62 October 2002 Table 10. U.S. International [Millions Eastern Europe (Credits +, debits - ) Line 1 Canada 2001 2002 2001 2001 2001 Current account 14,285 3,721 11,102 2,799 Goods, balance of payments basis 2 6,804 1,679 Services 3 Transfers under U.S. military agency sales contracts 4 4,298 483 1,120 131 Travel Passenger fares Other transportation 1,238 58 271 306 18 60 Royalties and license fees 5 Other private services 5 U.S. Government miscellaneous services.. 316 1,875 57 65 526 14 3,183 -3,432 -1,493 -59 -1,880 922 917 359 432 126 5 -5,752 -4,938 -4,441 -497 -45 -179 -64 -51 -17 -126 -15 -814 -791 -44 -248 -499 -23 -901 -399 -13 -489 3,726 2,938 1,842 1,096 143 365 16 74 78 403 17 788 783 364 410 9 5 -4,807 -4,058 -3,262 -796 -30 -381 -137 -78 -17 -136 -17 -749 -731 -55 -218 -458 -18 -817 -350 -13 -454 25 6 6 -180 -940 794 -237 203 -43 -46 3 63 -20 83 45 -21 66 -22 -40 18 837 -193 183 23 824 7,509 -300 -175 57 -33 -149 158 26 476 -33 -311 1,031 -496 358 4,755 -3,720 Exports of goods and services and income receipts Exports of goods and services Income receipts Income receipts on U.S.-owned assets abroad Direct investment receipts Other private receipts U.S. Government receipts Compensation of employees imports of goods and services and income payments.. Imports of goods and services 3,163 1,259 1,613 291 20 -19,886 -16,953 Goods, balance of payments basis 2 Services 3 Direct defense expenditures -14,342 -2,611 -152 -1,164 -382 -245 Travel Passenger fares Other transportation Royalties and license fees 5 Other private services 5 U.S. Government miscellaneous services.. Income payments Income payments on foreign-owned assets in the United StatesDirect investment payments Other private payments U.S. Government payments Compensation of employees Unilateral current transfers, net U.S. Government grants 4 U.S. Government pensions and other transfersPrivate remittances and other transfers 6 -76 -532 -60 -2,933 -2,851 -267 -828 -1,756 -82 3,532 2,721 1,595 1,126 124 346 13 68 78 480 17 811 806 292 390 124 5 -4,976 -4,222 -3,359 -863 -34 -460 -127 -55 -25 -145 -17 -754 -738 -89 -222 -427 -16 -903 -395 -20 -488 3,306 2,644 1,688 956 85 221 11 69 95 466 9 662 657 244 381 32 5 -4,351 -3,735 -3.280 -455 -43 -144 -54 -61 -17 -125 -11 -616 -591 -79 -140 -372 -25 -811 -349 -13 -449 3,541 2,656 1,519 1,137 111 245 16 56 92 609 8 885 880 367 375 138 5 -3,573 -3,029 -2,561 -468 -41 -161 -56 -51 -26 -118 -15 -544 -519 -65 -117 -337 -25 -880 -362 -13 -505 3,392 2,681 1,641 1,040 91 313 13 58 91 463 11 711 706 328 368 10 5 -5,118 -4,516 -3,808 -708 -40 -330 -114 -58 -24 -128 -14 -602 -582 -94 -126 -362 -20 -787 -310 -11 ^66 209,676 187,757 163,309 24,448 99 55,706 56,660 49,275 42,521 50,679 44,521 6,754 17 6,158 38 6,484 1,668 2,212 1,972 587 549 1,838 411 605 2,256 11,657 72 544 3,066 19 528 2,719 21,919 21,841 11,773 10,068 6,431 6,411 3,505 2,906 5,981 5,962 3,364 2,598 78 19 -59,175 -218,735 20 -64,065 -63,354 -59,327 -18,431 -77 -4,027 -23 -4,873 -18 -6,477 -684 -3,298 -1,030 -136 -839 -1,734 -193 -856 -1,195 -6,479 -221 -239 -1,715 -45 -1,559 -72 1,724 2,100 7,737 -711 -614 970 -3,974 -1,663 -376 -1,128 -456 -97 -235,442 -237,166 19 -62,783 -57,910 -441 3,608 3,699 5,136 -992 -445 -91 -744 -200 -159 -528 -216 -130 -70 -131 -28 118 28 24 -32,180 -4,014 -13,029 -4,014 -2,108 626 3,605 -6,137 -13,029 -4,709 -2,422 120 -6,018 Capital and financial account Capital account 39 Capital account transactions, net 7 Financial account U.S.-owned assets abroad, net (increase/financial outflow (-)) 134 1,009 U.S. official reserve assets, net Gold 7 Special drawing rights Reserve position in the International Monetary Fund Foreign currencies U.S. Government assets, other than official reserve assets, net U.S. credits and other long-term assets Repayments on U.S. credits and other long-term assets 8 U.S. foreign currency holdings and U.S. short-term assets, net U.S. private assets, net Direct investment Foreign securities U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns.... U.S. claims reported by U.S. banks, not included elsewhere Foreign-owned assets in the United States, net (increase/financial inflow(+)).. 140 -89 229 -320 -1,629 1,601 140 -432 11,331 -1,015 -1,287 885 183 -796 2,787 1,169 1,324 8,626 Foreign official assets in the United States, net U.S. Government securities U.S. Treasury Securities 9 Other 10 Other U.S. Government liabilities 11 U.S. liabilities reported by U.S. banks, not included elsewhere Other foreign official assets 12 Other foreign assets in the United States, net Direct investment.. U.S. Treasury securities U.S. securities other than U.S. Treasury securities U.S. currency U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns.. U.S. liabilities reported by U.S. banks, not included elsewhere 1,931 -85 -1,992 1,163 r (18) 11,226 4,628 3,923 1,803 12,224 4,326 4,509 2,858 "-3,592 -1,248 -3,691 (17) -a 1,505 -147 18 5,922 -171 18 -506 -30 18 6,725 27 18 3,641 27 l8 -3,938 123 8 1,063 8,037 (17) 3,601 (17) Statistical discrepancy (sum of above items with sign reversed) -2,143 1,079 -6,411 -2,177 5,366 -552 -7,128 47,631 10,614 15,764 Memoranda: Balance on goods (lines 3 and 20) Balance on services (lines 4 and 21) Balance on poods and services (lines 2 and 19) Balance on income (lines 12 and 29) Unilateral current transfers, net (line 35) Balance on current account (lines 1,18, and 35 or lines 7 3 , 7 4 , and 7 5 ) 1 3 -7,538 1,687 -5,851 250 -3,432 -9,033 -2,762 623 -2,139 108 -1,420 300 -1,120 -901 -2,932 -817 -1,898 -903 -2,347 -1,592 501 -1,091 46 -811 -1,856 -1,042 669 -373 341 -880 -2,167 332 -1,835 109 -787 -2,513 -55,426 6,017 -49,409 23,643 -744 -16,806 2,727 -14,079 5,720 -200 -13,389 1,285 -12,104 39 -1,764 263 -1,501 57 -26,510 -8,559 See the footnotes on page 66. ( 17 ) -J3 -912 18 9,589 -159 -2,674 October 2062 63 SURVEY OF CURRENT BUSINESS Transactions, by Area—Continued of dollars] Canada 2001 2002 2001 2001 III IV 48,644 43,646 37,852 5,794 27 1,474 376 535 555 2,811 16 4,998 4,978 2,585 2,393 20 -56,859 -56,518 -51,090 -5,428 -18 -2,702 -221 -806 -245 -1,383 -53 -341 -251 1,146 -986 -411 -90 II" V 48,666 44,157 38,415 5,742 17 1,200 294 523 629 3,061 18 4,509 4,490 2,319 2,171 19 53,433 274,573 44,463 38,329 6,134 23 1,663 422 512 567 2,927 20 4,072 4,051 1,906 2,145 48,983 211,765 42,895 6,088 26 1,615 349 579 620 2,877 22 158,973 73,110 54,200 41,167 52,792 877 20,671 5,496 3,089 3,368 19,125 166 62,808 4,450 62,676 4,430 18,719 2,336 2,094 43,558 399 132 20 -61,483 -296,313 -60,288 -239,705 -55,427 -199,610 -40,095 -4,861 -358 -19 -16,900 -1,611 -176 -2,888 -944 -3,004 -1,023 -330 -1,737 -15,424 -44 -498 -1,195 -56,608 -1,099 -49,970 180 1,400 -950 -42,542 -329 -8,828 -96 -6,638 -190 -16,758 - 2 121 -850 -145 -45 -13,787 13,033 288 4,985 1,312 800 774 4,832 42 18,910 18,877 4,528 14,252 97 33 -79,896 -62,169 -51,467 -10,702 -99 -4,574 -761 -783 -257 -4,101 -127 -17,727 -16,232 -480 -13,428 -2,324 -1,495 -4,125 -506 -189 -3,430 IV III 67,804 63,508 57,860 52,659 38,780 51,062 46,938 38,586 831 4,609 40 16,307 16,274 4,517 11,665 92 33 -76,472 13,879 194 5,667 1,536 780 854 4,806 42 12,476 156 4,569 1,206 716 909 4,878 42 15,145 15,112 5,059 9,968 85 33 -71,684 12,446 12,413 4,615 7,673 125 33 -68,261 34,669 12,269 122 4,292 1,160 705 810 5,138 42 10,922 10,888 3,755 7,062 71 34 -69,542 -61,739 -58,392 -57,405 -57,794 -50,789 -10,950 -65 -4,759 -781 -796 -257 -4,175 -117 -14,733 -13,146 449 -11,348 -2,247 -1,587 -49,988 -8,404 -98 -47,366 -10,039 -96 -3,532 -569 -656 -46,035 -11,759 -60 70,151 53,844 40,440 13,404 239 5,450 1,442 793 -201 -270 -1,822 -51 -832 -734 485 -868 -351 -98 -184 -130 -71 -137 -47 -133 -87 32 34 26 26 410 100 105 104 101 102 -3,063 -12,074 -8,452 -4,936 -65,373 -5,776 18,673 -30,592 -47,678 55,087 -3,063 -2,844 55 -2,778 2,504 -1,871 -275 8 -1 P) -1,596 -21 -*£3 -1,011 -134 -797 -12,074 -4,779 -145 2100 -9,250 10,966 819 -8,452 -7,532 332 1,167 -2,419 4,797 867 P P -1 -4,936 -3,099 3,860 -5,697 -1,023 -3,197 B 3 1 PI 10,147 6,537 3,930 -2,462 3,938 16 -I 2,174 738 258 -516 804 -30 -65,631 -26,511 -23,067 19,106 -35,159 141,634 -82 -249 175 -8 -5,694 -5,784 -3,253 8,221 -4,878 27,432 18) 18) 18 ;8 | 18 18 18) -•02 -61 8 9 955 (18) 18) 18) -4,109 -527 -173 -3,409 -4,035 -111 -769 -254 -2,341 -130 -13,292 -11,508 613 -9,963 -2,158 -1,784 -4,202 -527 -180 -3,495 61 -72 135 -2 18,612 -1,481 -13,641 17,127 16,607 37,509 18) | -109 8 P) 2,892 -3,050 (18) -1,234 18) 55,878 31,294 411 8,899 2,806 3,298 6,972 8,837 71 9,942 9,934 5,683 4,225 26 8 16,029 14,489 12,876 12,484 8,363 68 2,709 798 812 1,717 2,238 21 7,928 116 2,390 759 832 1,717 2,099 15 2,687 2,685 1,621 1,055 9 2 6,573 108 1,188 377 795 1,830 2,256 19 -175,110 -48,580 2,429 2,427 1,728 698 1 2 -37,939 3 -43,494 -63,995 -51,830 -145,103 -126,485 -18,618 -1,326 -2,659 -1,006 -5,255 -39,511 -34,603 1,923 1,921 1,145 775 1 2 -40,237 -35,197 2,459 2,456 1,821 635 -76,164 8,430 119 2,612 872 859 1,708 2,244 16 2,577 2,575 1,585 986 4 2 -42,997 12,186 7,682 111 2,173 655 759 1,759 2,200 25 12,350 12,813 116 4,844 1,282 750 844 4,935 42 11,294 11,260 4,062 7,095 103 34 -33,052 -34,555 -30,747 -28,593 -4,459 -368 -29,851 -4,704 -365 -255 -4,807 -124 -10,856 -9,084 818 -7,803 -2,099 -1,772 -4,322 -561 -308 -3,453 2,755 2,753 1,332 1,409 12 2 -122 -30 -21 -31 -52 -31 -23 -32 -90 -25 -24 35 36 37 38 105 18 6 5 4 3 6 7 39 -71,028 -33,203 -458 -21,775 1,426 -8 2,529 -4 -15,383 -1 -2,767 -1 -1,928 -445 -458 -2 -445 -1 -8 -1 -4 -1 -1 40 41 42 43 44 45 -71,049 -3,748 -2,492 -33,796 -31,013 72,713 18) 18) 18 18 : 18 18 18 18 18 18 I18! 8 (18) 2,347 6 (18J 1,598 18 10 -2 -1 -1 -32,743 -5,474 -20,041 -2,109 -5,119 52,534 -21,329 -1,215 -7,535 -4,718 -7,861 -1,304 1,435 -556 -7,173 4,274 4,890 3,039 -11 -77 18) 18 18 18J 18 18 (18) -4,233 -i.S (18) 1 2,533 -1,540 -1,293 3,324 2,042 7,775 -15,382 -2,163 -4,040 -4,989 -4,190 43,024 18) 18) 18) ! 73 8 P) 49 13,987 15,553 14,882 25,002 25,133 3.S 17 9,044 18 23,821 2 603 18 -20,989 1,995 18 49,939 -2,941 18 32,009 -1 510 18 -1,192 -575 18 -1,541 108 12,594 5,935 -37,267 16,709 58,949 44,620 13,773 -11,208 5,475 -5,733 1,853 -4,202 -8,082 -8,780 2,437 -6,343 1,590 -4,322 -9,075 -11,366 -14,046 -10,856 -826 -4,342 -16,024 -70,607 12,676 -57,931 -20,065 -302 -78,298 -18,574 3,455 -15,119 -6,314 -114 -21,547 -16,649 3,156 -13,493 -4,699 -51 -18,243 -13,238 -11,993 1,639 -10,354 3,677 -184 -6,861 -12,866 2,325 -10,541 3,315 -220 -7,446 -12,532 1,227 -11,305 3,255 -190 -8,240 -40,637 12,697 -27,940 6,200 -16,758 -38,498 -10,300 2,331 -7,969 1,183 -4,125 -10,911 -10,349 2,454 -7,895 1,574 -4,109 -10,430 510 648 -13,398 -875 -4,226 -18,499 18) -73 8 18) -4 639 18 19,762 -10,845 i 18 18 -40 -,q a -560 -201 -1,110 -1,264 -907 -49 -4,887 -4,863 1,353 -1,609 -4,607 -24 1 20,276 ) 20 -30 -84 55,044 -2,471 -1,774 29,508 29,781 -1,898 -1,018 -801 -26 -8,512 -8,494 -272 -3,276 -4,946 -18 -83 18 19 -122 -180 -47,744 -2,380 -6,566 2,469 -41,267 50,717 -798 -307 -1,353 -970 -996 -30 -7,386 -7,367 -41 -2,043 -5,283 -19 -51 -4,450 -343 -566 -215 -1,212 -1,170 -908 -36 -5,040 -5,017 1,397 -1,655 -4,759 -23 -54 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 -4,511 -3,732 -129 -30,007 -29,923 -168 -9,086 -20,669 -84 -302 21 -106 119 8 -4,488 -383 -671 -258 -1,331 7,706 218 2,050 652 815 1,834 2,115 22 1 2 -691 -256 -1,262 -1,103 -997 -30 -8,939 -8,919 -2,244 -2,074 -4,601 -20 -49 43 -99 149 -7 (18) -31,138 -4,772 -318 -34,485 -29,997 22,515 20,056 19,868 -4,908 -282 -624 -226 -1,359 -1,353 -1,027 -37 -9,069 -9,045 -1,252 -2,112 -5,681 -24 -114 66 -133 199 i -43,296 -35,910 14 358 18 2,801 -38,173 37,784 11,568 14,173 366 20,980 19,057 22,297 21,306 25 604 18 53,993 11,075 -12,872 4,657 -201 -8,416 25,104 22,417 23,883 24,392 61,384 7,935 328 27,147 -4,286 -625 -655 -241 -5,759 -133 -11,748 -10,173 -780 -7,273 -2,120 -1,575 -4,342 -518 -205 -3,619 M -48 II" 87,172 2.J2 13,318 92 Line I' 97,114 -12,165 -100 -4,313 -614 -711 -252 -6,047 -128 -12,169 -10,467 -839 -7,272 -2,356 -1,702 -4,226 -479 -177 -3,570 /18) IV III II 61,891 50,597 (18) 6 841 18 7,609 -45,857 2,521 213 -62 295 -20 -30,805 -16,866 393 -8,711 -5,621 25,976 m) I ii" I' -51,195 -3,809 -18 -969 -122 -849 -254 -1,552 -45 -757 -657 591 -915 -333 -100 -220 -4,103 -18 2002 2001 2002 2001 II I 48,535 21 -55,761 -55,004 -55,343 -54,511 -50,408 Japan Latin America and Other Western Hemisphere 3 $ -2,767 -1,625 -3,036 -400 2,294 -1,187 • 76 13,425 46 -10 -1,918 -1,562 -370 47 48 49 50 51 52 53 54 14 H 18 18 18 f8 8 8 _ 2 -122 ( 8 ! 8 18) - -10 40,565 18 -5,541 (18) -si"] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 22,747 55 56 57 58 59 60 61 62 63 64 65 66 67 -964 18 30,812 1 269 18 6,877 18 8,889 -8,333 19,712 -17,616 68 69 70 -17,121 3,942 -13,179 -5,935 -18,263 2,123 -16,140 -3,117 -54 -19,311 -16,407 3,223 -13,184 -2,458 -122 -15,764 -17,501 3,002 -14,499 -6,480 -49 -21,028 71 72 73 74 75 76 -83 -19,197 14,376 U.S. International Transactions 64 October 2002 Table 10. U.S. International [Millions Australia (Credits +, debits - ) 1 Line 2002 2001 2001 II" Current account Exports of goods and services and income receipts 20,419 5,259 5,295 4,920 4,945 5,295| 5,770 15,506 3,962 3,932 3,802 3,810 3,984 4,476 10,597 2,698 2,640 2,574 2,685 2,830 3,220 4,909 195 1,264 44 1,292 87 1,228 37 1,125 27 1,154 42 1,256 68 Travel Passenger fares Other transportation 1,424 375 263 365 114 63 403 90 64 367 94 73 289 77 63 293 94 59 346 78 67 Royalties and license fees 5 Other private services 5 U.S. Government miscellaneous services.. 722 1,922 8 182 494 2 174 473 1 179 476 2 187 479 3 182 482 2 199 495 3 4,913 4,909 1,690 3,219 1,297 1,296 402 894 1,363 1,362 1,118 1,117 362 755 1,135 1,134 416 718 1,311 1,310 1,294 1,293 573 720 1 1 1 1 1 1 -10,398 -2,694 -2,956 -2,165 -2,583 -2,369 -2,929 -10,103 -2,385 -2,507 -2,846 -2,365 -2,254 -2,409 -6,463 -1,457 -1,656 -1,743 -1,607 -1,386 -1,672 -3,640 -112 -928 -16 -851 -50 -1,103 -23 -758 -23 -868 -24 -737 -24 -1,542 -754 -216 -393 -225 -56 -16 -214 -8 -309 -304 54 -339 -152 -56 -538 -205 -58 -272 -172 -46 -353 -199 -57 -294 -126 -50 -21 -226 -7 -23 -248 -8 -22 -214 -20 -206 -9 -20 -213 -10 681 686 956 -149 -218 -212 20 -117 -115 -6 -115 -223 -135 -5 -449 -444 -112 -203 -129 -5 -520 -515 -291 -123 -101 -5 -338 -86 -81 -84 -87 -77 -75 -47 -291 -11 -75 -12 -69 -12 -72 -12 -75 -13 -64 -12 -63 4 1 1 1 1 1 -1,346 1,220 -2,413 1,300 -1,453 -2,330 -1,646 1,220 968 -43 -30 325 -2,413 -527 -2,024 -3,239 3,377 1,300 -245 -1,420 2,414 551 -2,330 -2,473 -202 -827 1,172 -1,646 -312 -395 "•-939 -402 2,773 -2,263 5,481 1,137 Exports of goods and services Goods, balance of payments basis 2 Services 3 Transfers under U.S. military agency sales contracts 4 Income receipts Income receipts on U.S.-owned assets abroad Direct investment receipts Other private receipts U.S. Government receipts Compensation of employees Imports of goods and services and income paymentsImports of goods and services Goods, balance of payments basis 2 3 Services .. Direct defense expenditures Travel Passenger fares Other transportation Royalties and license fees 5 Other private services 5 U.S. Government miscellaneous services -82 -902 -32 Income payments -295 -274 918 -692 -500 -21 Direct investment payments Other private payments U.S. Government payments Compensation of employees Unilateral current transfers, net U.S. Government grants 4 U.S. Government pensions and other transfersPrivate remittances and other transfers 6 510 852 579 731 -9 -121 -5 -109 104 -116 -97 -6 Capital and financial account Capital account 39 Capital account transactions, net.. Financial account U.S.-owned assets abroad, net (increase/financial outflow (-)) U.S. official reserve assets, net Gold 7 Special drawing rights Reserve position in the International Monetary Fund Foreign currencies U.S. Government assets, other than official reserve assets, net U.S. credits and other long-term assets Repayments on U.S. credits and other long-term assets 8 U.S. foreign currency holdings and U.S. short-term assets, net.. U.S. private assets, net Direct investment.. Foreign securities U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns U.S. claims reported by U.S. banks, not included elsewhere Foreign-owned assets in the United States, net (increase/financial inflow(+)) Foreign official assets in the United States, net U.S. Government securities.„ U.S. Treasury securities 9 Other 1° Other U.S. Government liabilities 11 U.S. liabilities reported by U.S. banks, not included elsewhere Other foreign official assets 12 Other foreign assets in the United States, net Direct investment U.S. Treasury securities U.S. securities other than U.S. Treasury securities U.S. currency U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns.. U.S. liabilities reported by U.S. banks, not included elsewhere Statistical discrepancy (sum of above items with sign reversed) Memoranda.* Balance on goods (lines 3 and 20) Balance on services (lines 4 and 21) Balance on goods and services (lines 2 and 19) Balance on income (lines 12 and 29) Unilateral current transfers, net (line 35) Balance on current account (lines 1,18, and 35 or lines 7 3 , 7 4 , and 7 5 ) 1 3 See the footnotes on page 66. (18 43 8 (18) (18) 2,152 18 653 -3,037 18 -7,544 -3,298 4,134 1,269 5,403 4,618 -338 9,683 1,241 336 1,577 988 -86 230 -842 2,479 18 576 376 18 -230 -2,192 18 77 -379 18 122 2,412 887 18 35 -2,619 -1,709 82 -6,001 -2,258 984 441 831 125 956 1,799 -84 2,671 1,078 367 1,445 917 -87 2,275 1,444 286 1,548 519 2,067 774 -75 2,766 1,425 914 -81 2,258 1,730 1,196 -77 2,849 October 2002 65 SURVEY OF CURRENT BUSINESS Transactions, by Area—Continued of dollars] ntemational organizations and unallocated 16 Other countries in Asia and Africa 2002 2001 2001 IV I II 235,495 63,747 58,534 207,985 55,808 51,511 57,736 51,128 151 780 56,205 6 552 11 846 1 626 9,506 4,854 21,516 305 27,510 27,426 17,156 9,081 1,189 84 -413,178 41090 37,873 36,029 49,538 36,788 14,718 1268 2 756 432 2,446 13,638 1 562 3 538 482 2,365 1,185 4,430 76 7,023 7,002 4,370 2,382 250 21 15,099 1 775 3 723 459 2,448 12,750 1 947 1 829 253 2,247 1,196 5,415 83 6,608 6,587 4,131 2,157 299 21 1,267 5,142 65 5,940 5,919 3,534 2,019 366 21 -102,009 -93,515 -83,187 -106,862 -98,671 -99,795 -92,342 -82,817 1,206 6,529 81 7,939 7,918 5,121 2,523 274 21 -104,512 -39,918 -4 511 -10 474 -4 891 -12,216 -263 -6,771 -792 -33,998 -33,258 192 -10,218 -23,232 -740 -18,424 -6,459 -539 -11,426 -94,652 -84,485 -10,167 -1006 -2 821 -1270 -3,128 -64 -1,674 -204 -9,860 -9,645 70 -3,746 -5,969 -215 -4,286 -1,074 -154 -3,058 117 -19,163 -379,180 -339,262 III -10,328 -940 -3,091 -1,312 -3,072 -88,773 -9,898 -1,026 V 55,478 -9,525 - 1 539 -2,017 - 1 011 -2,963 -70 -1,740 -185 -7,453 -7,218 100 -1,702 -5,616 -235 2002 2001 2001 \\p II I I' IV III Line \\P 56,348 49,517 59,907 33,146 8,380 8,343 8,172 8,251 1 5,843 1,488 1,493 1,410 1,452 8,305 1,404 8,295 52,586 1,440 34 863 14,654 1904 2211 355 2,243 38,909 13,677 1 747 3 037 414 2,393 1,297 4,725 64 7,321 7,299 5,082 2,011 206 22 2 3 5,843 1,488 1,493 1,410 1,452 1,404 1,440 529 2,047 3,267 137 125 505 863 134 498 853 495 781 133 549 770 119 513 772 120 545 775 6,901 6,416 3,951 2,356 109 485 •^,154 6,855 6,367 3,902 2,331 134 488 -3,804 4 5 6 7 8 9 10 11 12 13 14 15 16 17 -1,109 -861 -861 1,199 6,678 64 6,831 6,809 4,528 1,965 316 22 -93,837 -86,183 -76,164 -106,795 -98,925 -88,124 -10,019 -1,793 -2,534 -1 123 -2,717 -10,801 -1,976 -2,677 - 1 090 -3,099 -61 -1,701 -197 -7,870 -7,702 -343 -1,769 -5,590 -168 -4,774 -1,877 -132 -2,765 -66 -1,646 -201 -8,494 -8,339 57 -2,501 -5,895 -155 -4,047 -1,296 -129 -2,622 -2,545 - 1 298 -3,053 -63 -1,711 -202 -8,191 -8,056 -35 -2,269 -5,752 -135 -4,774 -1,626 -128 -3,020 -5,317 -2,463 -128 -2,726 -58 -1,592 -202 -7,654 -7,416 -142 -1,703 -5,571 -238 -8,369 -5,015 -128 -3,226 33 32 25 27 31 18 -12,398 -6,620 3,003 -3,148 -8,254 -9,217 6,892 6,421 3,818 2,415 188 471 6,762 6,287 3,808 2,334 145 475 -811 -3,660 -605 6,799 6,321 3,863 2,318 140 478 -3,538 -628 -750 -811 -605 -628 -1,109 -1,556 -463 -332 -200 -86 -1 -3,272 -3,272 -2,035 -827 -410 -435 -197 -178 -1 -2,956 -2,956 -1,771 -788 -397 -326 -819 -416 -3 -12,193 -12,193 -7,436 -3,187 -1,570 -199 -79 -1 -3,055 -3,055 -1,823 -841 -391 -223 -73 -2,910 -2,910 -1,807 -731 -372 -273 -752 -83 -1 -3,045 -3,045 -1,906 -769 -370 -2,943 -2,943 -1,720 -846 -377 -7,949 -802 -2,070 -5,077 -1,721 -253 -267 -1,201 -1,717 -195 -90 -1,432 -1,483 -140 -157 -1,186 -3,028 -214 -1,556 -1,258 -1,810 -169 -413 -1,228 -1,713 -151 -130 -1,432 27,303 25,407 15,309 9,468 630 1,896 -14,987 -2,794 -4,022 -750 -2,794 6,850 6,378 3,820 2,401 157 472 -3,767 -332 -446 -83 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 -18,022 -4,230 -618 385 -6,248 -1,171 -7,532 -3,387 -3,624 -57 -3,812 543 2,608 -1,714 40 41 -630 -3,600 -189 574 -156 -1,015 -145 -3,242 -140 83 -109 652 -107 -1,607 43 44 -1,292 -1,292 -355 -355 -377 -377 -336 -336 -224 -224 -304 -304 -258 -258 -12,500 -13,679 1,017 2 160 33,947 19 -648 -3,273 1,056 2 1,567 4,901 -4,700 -3,198 117 -2 -1,617 8,059 1 -3,809 -3,508 -395 1 93 10,922 -4,051 -3,539 403 4,580 -3,739 110 6 820 1,389 38,719 10 -3,343 -3,700 239 1 117 10,065 8 46 47 48 49 50 51 52 53 54 1 10 8 13 8,058 1,591 10,912 1,580 10,057 1,579 3,003 1,587 AO 157 -2,019 2,049 127 -19,320 -12,027 3,513 -2,013 -8,793 53,044 R i!18 18 (( (18) -1,307 245 -475 582 138 -12,643 -4,124 -632 -1 618 -6,269 24,860 a 18) -140 (18) (18J (18J -708 (18) -514 -809 324 -29 -6,106 -4,313 -216 -934 -643 -7,799 18 18 18 18 -1 18 18 (18) 381 18) 340 -117 467 -10 2,663 -1,222 2,028 1,454 403 19,566 86 -618 676 28 -3,234 -2,368 2,333 -915 -2,284 16,417 (18) li I R 72 (18) (18) 88 ^44 535 -3 -8,342 -5,210 -385 -874 -1,873 21,864 (18) -777 (18) 9,082 10,314 8,710 9,518 1 294 18 -18,398 - 1 382 18 10,765 -587 18 9,397 61,909 31,306 36,338 268 18 13,276 32,217 -45 314 3,310 -42,004 -1,471 ^,047 -47,522 -52,744 5,201 -47,543 -1,583 -4,774 -53,900 -46,029 3,225 -42,804 -1,513 -5,317 -49,634 -41 301 4,635 -36,666 -823 -8,369 -45,858 R £7 -497 77 -43 395 4,551 -38,844 -1,921 -4,286 -45,051 ; 8j 3 116 (18) -203 16,621 -187 482 16,287 -171,195 -6,488 -18,424 -196,107 8 1R -598 18 10,774 "9,010 32,556 -8,536 28,061 (18) 44,727 162,109 155 -161 301 15 -9,372 -2,413 1,577 19 33,928 6,361 -a ( 8 7 91 ] 4,901 1,611 -217 2,772 51 18 3,861 3,814 -26,135 -6,920 -4,670 1,131 -6,419 -49,215 2,876 -46,339 -549 -4,774 -51,662 3,049 3,049 15,110 -7,949 10,210 738 738 3,620 -1,721 2,637 682 682 3,894 -1,717 2,859 805 805 3,707 -1,483 3,029 19,143 18 -2,043 63 4,525 30 18 -3,202 -257 7183 23 961 is 6 2 2 7 -8,126 -1,545 -44,105 70 824 824 3,889 -3,028 1,685 295 295 3,856 -1.810 2,341 579 579 3,912 -1,713 2,778 71 72 73 74 75 76 38,719 1,605 (18) ( 32,800 18 73 10,497 8,203 18 18 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 (18) 92 2,311 22 18 865 23,783 -915 3,016 13 66 U.S. International Transactions October 2002 Footnotes to U.S. International Transactions Tables 1-10 General notes for all tables: <" Preliminary.' Revised.' Less than $500,000 (+/-) ° Suppressed to avoid disclosure of vices purchased through military sales contracts—first authorized (for Israel) under Public Law 93-199, section 4, data of individual companies. and subsequently authorized (for many recipients) under similar legislation—are included in line A4. Deliveries Table 1: against these military sales contracts are included in line C10; see footnote 2. Of the line A4 items, part of these military expenditures is applied in lines A43 and A46 to reduce short-term assets previously recorded in lines A41 and 1. Credits, +: Exports of goods and services and income receipts; unilateral current transfers to the United States; C8; this application or funds is excluded from lines C3 and C4. A second part of line A4 expenditures finances fucapital account transactions receipts; financial inflows—increase in foreign-owned assets (U.S. liabilities) or deture deliveries under military sales contracts for the recipient countries and is applied directly to lines A42 and C9. A crease in U.S.-owned assets (U.S. claims). third part of line A4, disbursed directly to finance purchases by recipient countries from commercial suppliers in Debits,-: Imports of goods and services and income payments; unilateral current transfers to foreigners; capital the United States, is included in line A37. A fourth part of line A4, representing dollars paid to the recipient counaccounts transactions payments; financial outflows—decrease in foreign-owned assets (U.S. liabilities) or increase tries to finance purchases from countries other than the United States, is included in line A48. in U.S.-owned assets (U.S. claims). 2. Excludes exports of goods under U.S. military agency sales contracts identified in Census export documents, ex2. Transactions under military sales contracts are those in which the Department of Defense sells and transfers cludes imports of goods under direct defense expenditures identified in Census import documents, and reflects varmilitary goods and services to a foreign purchaser, on a cash or credit basis. Purchases by foreigners directly from ious other adjustments (for valuation, coverage, and timing) of Census statistics to balance of payments basis; see commercial suppliers are not included as transactions under military sales contracts. The entries for the several cattable 2. ries of transactions related to military sales contracts in this and other tables are partly estimated from incom:e data. 3. Includes some goods: Mainly military equipment in line 5; major equipment, other materials, supplies, and petroleum products purchased abroad by U.S. military agencies in line 22; and fuels purchased by airline and steam" 3. The identification of transactions involving direct dollar outflows from the United States is made in reports by ship operators in lines 8 and 25. each operating agency. 4. Line A38 includes foreign currency collected as interest and line A43 includes foreign currency collected as prin- j 4. Includes transfers of goods and services under U.S. military grant programs. cipal, as recorded in lines A16 and A17, respectively. 5. Beginning in 1982, these lines are presented on a gross basis. The definition of exports is revised to exclude U.S. parents payments to foreign affiliates and to include U.S. affiliates' receipts from foreign parents. The definition of 5. Includes (a) advance payments to the Department of Defense (on military sales contracts) financed by loans eximports is revised to include U.S. parents' payments to foreign affiliates and to exclude U.S. affiliates' receipts from tended to foreigners by U.S. Government agencies and (b) the contraentry for the part of line C10 that was delivered foreign parents. without prepayment by the foreign purchaser. Also includes expenditures of appropriations available to release foreign purchasers from liability to make repayment. 6. Beginning in 1982, the "other transfers" component includes taxes paid by U.S. private residents to foreign gov6. Includes purchases of loans from U.S. banks and exporters and payments by the U.S. Government under comernments and taxes paid by private nonresidents to the U.S. Government. mercial export credit and investment guarantee programs. 7. At the present time, all U.S. Treasury-owned gold is held in the United States. 7. Excludes liabilities associated with military sales contracts financed by U.S. Government grants and credits and 8. Includes sales of foreign obligations to foreigners. included in line C2. 9. Consists of bills, certificates, marketable bonds and notes, and nonmarketable convertible and nonconvertible Table5: bonds and notes. 1. Beginning with 1991, payments and receipts of interest related to interest rate and foreign currency swaps be10. Consists of U.S. Treasury and Export-Import Bank obligations, not included elsewhere, and of debt securities tween affiliates and parents are netted and are shown as either net payments or net receipts. Receipts and payments of U.S. Government corporations and agencies. of other types of interest are shown on a gross basis. 11. Includes, primarily, U.S. Government liabilities associated with military agency sales contracts and other trans2. Petroleum includes, and manufacturing and "other" industries exclude, the exploration, development, and proactions arranged with or through foreign official agencies; see table 4. duction of crude oil and gas, and the transportation, refining, and marketing of petroleum products, exclusive of 12. Consists of investments in U.S. corporate stocks and in debt securities of private corporations and State and lopetrochemicals. "Other" industries includes wholesale trade; banking; finance (except banking), insurance, and real cal governments. estate; services; and other industries—agriculture, forestry, and fishing; mining construction; transportation, com13. Conceptually, line 76 is equal to "net foreign investment" in the national income and product accounts munication, and public utilities; and retail trade. (NIPA's). However, the foreign transactions account in the NIPA's (a) includes adjustments to the international 3. Acquisition of equity holdings in existing and newly established companies, capital contributions, capitalization transactions accounts for the treatment of gold, (b) includes adjustments for the different geographical treatment of of intercompany debt, and other equity contributions. transactions with U.S. territories and Puerto Rico, and (c) includes services furnished without payment by financial 4. Sales (total and partial), liquidations, returns of capital contributions, and other dispositions of equity holdings. pension plans except life insurance carriers and private noninsured pension plans. A reconciliation of the balance Table 6: on goods and services from the international accounts and the NIPA net exports appears in reconciliation table 2 in appendix A in this issue of the SURVEY OF CURRENT BUSINESS. A reconciliation of the other foreign transactions in the 1. Primarily provincial, regional, and municipal. two sets of accounts appears in table 4.5 of the full set of NIPA tables in the August issue of the SURVEY. 2. Largely transactions by International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), Asian Development Bank (ADB), and InterAdditional footnotes for historical data in July issues of the SURVEY: American Development Bank (IDB). 14. For 1974, includes extraordinary U.S. Government transactions with India. See "Special U.S. Government Transactions," June 1974 SURVEY, p. 27. 3. Estimate for scheduled redemptions and identifiable early retirements. Includes estimates based on Canadian statistics for redemptions of Canadian issues held in the United States. Unidentified and nonscheduled retirements i 15. For 1978-83, includes foreign currency-denominated notes sold to private residents abroad. appear in line A30. 16. Break in series. See Technical Notes in the June 1989-90,1992-95, and July 1996-2001 issues of the SURVEY. Table 7: Table 2: 1. Estimates of transactions other than those with U.S. banks' Caribbean branches and with financial intermediar1. Exports, Census basis, represent transactions values, f.a.s. U.S. port of exportation, for all years; imports, Census ies (F.I.s) are not available. Preliminary estimates of transactions with F.I.s, by area, are commingled in "other" to basis, represent Customs values (see Technical Notes in the June 1982 SURVEY), except for 1974—81, when they repreavoid disclosure of individual companies' area data. sent transactions values, f.a.s. foreign port of exportation (see July issues of the SURVEY for historical data). 2. Deposits (line A5) include other financial claims (line A7) for some countries due to the commingling of these From 1983 forward, both unadjusted and seasonally adjusted data have been prepared by BEA from "actual" and categories in foreign source data. "revised statistical" monthly data supplied by the Census Bureau (see Technical Notes in the December 1985 SUR3. Primarily mortgages, loans, and bills and notes drawn on foreigners. VEY). 4. Western Europe, Canada, Japan, Australia, New Zealand, and South Africa. Seasonally adjusted data reflect the application of seasonal factors developed jointly by Census and BEA. The sea5. Bahamas, British West Indies (Cayman Islands), Netherlands Antilles, and Panama. sonally adjusted data are the sum of seasonally adjusted five-digit end-use categories (see technical Notes in the June 6. Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting countries. Excludes Ecuador begin1980 SURVEY, in the June 1988 SURVEY, and in the June 1991 SURVEY). Prior to 1983, annual data are as published by ning in January 1993. the Census Bureau, except that for 1975-80 published Census data are adjusted to include trade between the U.S. Virgin Islands and foreign countries. Table 8: 2. Adjustments in lines A5 and A13, B12, B48, and B84 reflect the Census Bureau's reconciliation of discrepancies 1. Includes central governments and their agencies and corporations; state, provincial, and local governments and between the goods statistics published by the United States and the counterpart statistics published in Canada. their agencies and corporations; and international and regional organizations. These adjustments are distributed to the affected end-use categories in section C. Beginning in 1986, estimates for 2. U.S.-owned banks are mainly U.S.-chartered banks, Edge Act subsidiaries, and U.S. bank holding companies. undocumented exports to Canada, the largest item in the U.S.-Canadian reconciliation, are included in Census baForeign-owned banks include U.S. branches and agencies of foreign banks and majority-owned bank subsidiaries in sis data shown in line Al. the United States. Brokers and dealers are identified separately beginning with the first quarter of 1997; prior to 3. Exports of military equipment under U.S. military agency sales contracts with foreign governments (line A6), 1997, they are commingled with U.S.-owned banks' accounts. and direct imports by the Department of Defense and the Coast Guard (line A14), to the extent such trade is identi3. Commercial paper issued in the U.S. market by foreign incorporated entities; excludes commercial paper issued fiable from Customs declarations. The exports are included in tables 1 and 10, line 5 (transfers under U.S. military through foreign direct investment affiliates in the United States. agency sales contracts); the imports are included in tables 1 and 10, line 22 (direct defense expenditures). 4. Negotiable and readily transferable instruments other than commercial paper, payable in dollars; consists 4. Addition of electrical energy; deduction of exposed motion picture film for rental rather than sale; net change in largely of negotiable certificates of deposit. stock of U.S.-owned grains in storage in Canada; coverage adjustments for special situations in which shipments 5. Western Europe, Canada, Japan, Australia, New Zealand, and South Africa. were omitted from Census data; deduction of the value of repairs and alterations to foreign-owned equipment 6. Bahamas, British West Indies (Cayman Islands), Netherlands Antilles, and Panama. shipped to the United States for repair; and the inclusion of fish exported outside of U.S. customs area. Also in7. Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting countries. Excludes Ecuador begincludes deduction of exports to the Panama Canal Zone before October 1,1979, and for 1975-82, net timing adjustning in January 1993. ments for goods recorded in Census data in one period but found to have been shipped in another (see July issues of 8. Includes Eastern Europe and international and regional organizations. the SURVEY for historical data). 9. Estimates first available for the second quarter of 2001. 5. Coverage adjustments for special situations in which shipments were omitted from Census data; the deduction Table 9: of the value of repairs and alterations to U.S.-owned equipment shipped abroad for repair; and the adjustment of 1. Negotiable certificates of deposit issued by banks in the United States are included in banks' custody liabilities software imports to market value. Also includes addition of understatement of inland freight in f.a.s. values of U.S. and are separately identified in memorandum line 8. Nonnegotiable certificates of deposit are included in time deimports of goods from Canada in 1974-81; deduction of imports from the Panama Canal Zone before October 1, posits. 1979; and for 1975-82, net timing adjustments for goods recorded in Census data in one period but found to have 2. Includes borrowing under Federal funds or repurchase arrangements, deferred credits, and liabilities other than been shipped in another (see July issues of the SURVEY for historical data). deposits. 6. For 1988-89, correction for the understatement of crude petroleum imports from Canada. 3. Mainly negotiable and readily transferable instruments, excluding U.S. Treasury securities. 7. Annual and unadjusted quarterly data shown in this table correspond to country and area data in table 10, lines 4. Mainly International Bank for Reconstruction and Development (IBRD), International Development Associa3 and 20. Trade with international organizations includes purchases of nonmonetary gold from the International tion (IDA), International Finance Corporation (IFC), Asian Development Bank (ADB), Inter-American DevelopMonetary Fund, transfers of tin to the International Tin Council (ITC), and sales of satellites to Intelsat. The memment Bank (IDB), and the Trust Fund of the International Monetary Fund. oranda are defined as follows: Industrial countries: Western Europe, Canada, Japan, Australia, New Zealand, and 5. U.S.-owned banks are mainly U.S.-chartered banks, Edge Act subsidiaries, and U.S. bank holding companies. South Africa; Members of OPEC: Venezuela, Ecuador, Iraq, Iran, Kuwait, Saudi Arabia, Qatar, United Arab Emir- Foreign-owned banks include U.S. branches and agencies of foreign banks and majority-owned bank subsidiaries in ates, Indonesia, Algeria, Libya, Nigeria, and Gabon (Excludes Ecuador beginning in January 1993 and Gabon beginthe United States. Brokers and dealers are identified separately beginning with the first quarter of 1997; prior to ning in January 1995.); Other countries: Eastern Europe, Latin America and Other Western Hemisphere, and other 1997, they are commingled with U.S.-owned banks' accounts. countries in Asia and Africa, less OPEC. Before 1984, complete geographic area detail was not available for some 6. Western Europe, Canada, Japan, Australia, New Zealand, and South Africa. balance of payments adjustments. Therefore, the detail shown does not always sum to the values shown for the area 7. Bahamas, British West Indies (Cayman Islands), Netherlands Antilles, and Panama. aggregates. For all years, "Asia" and "Africa" exclude certain Pacific Islands and unidentified countries included in 8. Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting countries. Excludes Ecuador begin"Other countries in Asia and Africa." ning in January 1993. 8. Includes the former German Democratic Republic (East Germany) beginning in fourth quarter of 1990. In ear9. Includes Eastern Europe and international and regional organizations. lier periods, the German Democratic Republic was included in Eastern Europe. 10. Estimates first available for the second quarter of 2001. 9. Beginning in 1986, New Zealand and South Africa are included in "Otner countries in Asia and Africa," with Table 10: Forfootnotes 1-13, see table L New Zealand included as part of "Asia" and South Africa as part of "Africa." 14. The "European Union" includes the "European Union (6)," United Kingdom, Denmark, Ireland, Greece,! 10. The "Euro area," which formed in January 1999, includes Austria, Belgium, Finland, France, Germany, IreSpain, and Portugal. Beginning with the first quarter of 1995, the "European Union" also includes Austria, Finland,! land, Italy, Luxembourg, Netherlands, Portugal, Spain, and from January 2001, Greece. and Sweden. \ Table 3: 15. The "European Union (6)" includes Belgium, France, Germany (includes the former German Democratic Re-I 1. Includes royalties, license fees, and other fees associated with the use of intangible assets, including patents, public (East Germany) beginning in the fourth quarter of 1990), Italy, Luxembourg, Netherlands, European Atomic! trade secrets, and other proprietary rights, that are used in connection with the production of goods. Energy Community, European Coal and Steel Community, and European Investment Bank. ! 2. Includes royalties, license fees, and other fees associated with the use of copyrights, trademarks, franchises, 16. Includes, as part of international and unallocated, the estimated direct investment in foreign affiliates engaged rights to broadcast live events, software licensing fees, and other intangible property rights. in international snipping, in operating oil and gas drilling equipment internationally, and in petroleum trading. 3. Other unaffiliated services receipts (exports) include mainly expenditures of foreign governments and internaAlso includes taxes withheld; current-cost adjustments associated with U.S. and foreign direct investment; before tional organizations in the United States and film and television tape rentals. Payments (imports) include mainly 1996, small transactions in business services that are not reported by country; and net U.S. currency flows, for which expenditures of U.S. residents temporarily working abroad and film and television tape rentals. geographic source data are not available. Table 4: 17. Details are not shown separately; see totals in lines 56 and 63. 1. Expenditures to release foreign governments from their contractual liabilities to pay for military} goods and ser18. Details not shown separately are included in line 69. X October 2002 67 U.S. International Services Cross-Border Trade in 2001 and Sales Through Affiliates in 2000 By Maria Borga and Michael Mann I N 2001, U.S. exports of private services exceeded U.S. imports of private services; U.S. exports were $266.2 billion, and U.S. imports were $192.3 billion (table A). U.S. sales of services sold through majorityowned affiliates of multinational companies exceeded Table A. Sales of Services to Foreign and U.S. Markets Through Cross-Border Trade and Through Affiliates Through cross-border trade1 U.S. exports (receipts) Through nonbank majority-owned affiliates Sales to foreign persons U.S. by foreign affilimports iates of U.S. (payments) companies2 Sales to U.S. persons by U.S. affiliates of foreign companies Billions of dollars 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 77.5 87.0 101.0 117.9 137.2 152.4 163.7 171.6 187.4 203.8 222.6 239.0 243.9 256.5 277.5 266.2 64.7 73.9 81.0 85.3 98.2 99.9 100.4 107.9 119.1 128.8 137.1 151.8 167.5 173.2 202.1 192.3 60.5 72.3 83.8 99.2 121.3 131.6 140.6 142.6 159.1 190.1 223.2 255.3 286.1 4 ( ) 353.2 392.8 n.a. n.a. 62.6 73.2 94.2 109.2 119.5 128.0 134.7 145.4 149.7 168.4 3 ( ) 223.1 245.5 293.5 346.7 n.a. Percent change from prior year 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 12.2 16.0 16.8 16.4 11.1 7.4 4.8 9.2 8.8 9.3 7.4 2.1 5.2 8.2 -4.1 14.2 9.5 5.3 15.1 1.8 0.4 7.5 10.3 8.1 6.5 10.7 10.3 3.4 16.7 -4.8 19.5 15.9 18.4 22.2 8.5 6.8 1.5 11.6 19.4 17.4 14.4 12.0 11.2 n.a. 17.0 28.7 15.9 9.5 7.1 5.3 8.0 2.9 12.5 10.1 19.6 18.1 n.a. n.a. Not available. 1. The estimates for 1998-2000 are revised from those published in last year's article in this series. See Christopher L. Bach, "Annual Revision of the U.S. International Accounts, 1993-2001," SURVEY OF CURRENT BUSINESS 82 (July 2002): 33-40. 2. The figures shown in this column for 1986-88 have been adjusted, for the purposes of this article, to be consistent with those for 1989 forward, which reflect definitional and methodological improvements made in the 1989 Benchmark Survey of U.S. Direct Investment Abroad. The primary improvement was that investment income of affiliates in finance and insurance was excluded from sales of services. The adjustment was made by assuming that investment income of finance and insurance affiliates in 1986-88 accounted for the same share of sales of services plus investment income as in 1989. 3. Beginning in 1997, sales by U.S. affiliates were classified as goods or services based on industry codes derived from the North American Industry Classification System; the estimates for prior years were based on codes derived from the 1987 Standard Industrial Classification System. This change resulted in a redefinition of sales of services by affiliates, which resulted in a net shift of sales from goods to services. See the box "Changes in the Definition and Classification of Sales of Services by U.S. Affiliates" in the October 1999 SURVEY, page 61, available at www.bea.gov. 4. Beginning in 1999, sales by foreign affiliates were classified as goods or services based on industry codes derived from the North American Industry Classification System; the estimates for prior years were based on codes derived from the 1987 Standard Industrial Classification System. This change resulted in a redefinition of sales of services by affiliates, which resulted in a net shift of sales from goods to services. See the box "Changes in the Definition and Classification of Sales of Services by Foreign Affiliates" in the November 2001 SURVEY, page 58, available at www.bea.gov. U.S. purchases in 2000—the most recent year for which data are available. Sales of services abroad through foreign affiliates of U.S. companies were $392.8 billion, and sales of services in the United States through U.S. affiliates of foreign companies were $346.7 billion. U.S. exports of private services fell 4 percent in 2001 after increasing 8 percent in 2000. U.S. imports fell 5 percent after increasing 17 percent. These were the first decreases in exports and imports of private services after decades of growth. In dollar terms, exports decreased more than imports; as a result, the U.S. surplus on trade in private services decreased, to $73.9 billion in 2001 from $75.4 billion in 2000. (In trade in goods, however, imports decreased more than exports; as a result, the U.S. deficit on trade in goods fell, to $427.2 billion from $452.4 billion.) The fall in services exports reflected the slowing economic growth in many major U.S. trading partners and the terrorist attacks of September 11th. Exports held steady in the first half of 2001 and then fell sharply in the second half of the year, especially after September 11th. Travel services were particularly hard hit, as foreigners sharply reduced travel to the United States in the wake of the attacks. Much of the fall in services imports was attributable to slow economic growth in the United States and to the terrorist attacks. The decrease in imports, like that in exports, was concentrated in the second half of the year. Imports of both travel services and insurance services dropped because of the attacks. The drop in insurance services resulted from large losses recovered from foreign reinsurers; imports of insurance services are measured as premiums paid less losses recovered. In 2000, sales of services by foreign affiliates of U.S. companies grew 11 percent, and those by U.S. affiliates of foreign companies grew 18 percent. Economic conditions in 2000, unlike those in 2001, were characterized by strong economic growth in the United States and in many of the countries that are important markets for foreign affiliates of U.S. multinational compaMichael A. Mann prepared the section on cross-border trade. Maria Borga prepared the section on sales through affiliates. U.S. International Services 68 nies. In addition, a continued boom in cross-border merger and acquisition activity boosted the growth in sales of services by both foreign and U.S. affiliates by adding a substantial number of affiliates to the direct investment universe; moreover, much of the acquisition activity occurred in industries with substantial sales of services, including utilities, insurance, finance, and computer services. However, the effect of the cross-border mergers on sales through foreign affiliates was mixed because several large affiliates were sold off to foreign firms and so their sales were no longer included in sales of services abroad by foreign affiliates of U.S. companies. This article presents detailed preliminary estimates of U.S. cross-border exports and imports of private services in 2001 and revised estimates for 1998-2000, and it presents preliminary estimates of U.S. sales of services through, and purchases of services from, nonbank majority-owned affiliates of multinational companies in 2000 and revised estimates for 1999. Crossborder exports and imports are transactions between October 2002 U.S. residents and foreign residents; they represent international trade in the conventional sense and are recorded, in summary form, in the U.S. international transactions accounts.1 Sales of services through nonbank majority-owned affiliates of multinational companies represent services sold in international markets through the channel of direct investment (see the box "Channels of Delivery of Services Sold in International Markets").2 The estimates are drawn from larger data sets on affiliate operations that are presented in annual articles on the operations of U.S. multinational com1. In the quarterly articles on the U.S. international transactions, table 1 presents cross-border exports of private services in lines 6-10 and crossborder imports in lines 23-27; table 3 provides additional detail. 2. These data cover all the sales of services by nonbank majority-owned affiliates, irrespective of the percentage of foreign ownership. The data are limited to nonbank affiliates because bank affiliates are not required to report sales of services data to BEA. The data exclude minority-owned affiliates because data on sales of services by foreign affiliates are collected only for affiliates that are majority-owned by U.S. direct investors. Excluding minority-owned affiliates may be preferable because the direct investor may own as little as 10 percent of a minority-owned affiliate and thus have less interest than local investors in the affiliate's sales. Channels of Delivery of Services Sold in International Markets Cross-Border Trade and Sales Through Affiliates Services are sold in international markets through two distinct channels. In the first channel, the residents of one country sell services to the residents of another country. These transactions—cross-border trade—include both trade within multinational companies (intrafirm trade) and trade between unaffiliated parties.1 They are recorded in the international transactions accounts of both countries—as exports of services by the seller's country and as imports by the buyer's country. The second channel of delivery is sales through foreign affiliates of multinational companies, which from the U.S. viewpoint, are sales to foreigners by foreign affiliates of U.S. companies and U.S. purchases from other countries' U.S. affiliates. These sales are not considered U.S. international transactions, because under the residency principle of balance-of-payments accounting, affiliates of multinational companies are regarded as residents of the countries where they are located rather than of the countries of their owners. Thus, sales abroad by foreign affiliates are transactions between foreign residents, and sales in the United States by U.S. affiliates are transactions between U.S. residents. (However, the direct investors' shares of the profits earned on these sales are recorded as 1. The term "cross-border trade" differs from the term "cross-border mode of supply" that is used in the General Agreement on Trade in Services to refer to the provision of a service by a resident of one country to a resident of another country in which neither the producer nor the consumer goes to the country of the other (for example, a consultant sending a report electronically or by mail). U.S. international transactions.) The two channels of delivery typically differ in their effects on an economy. For example, U.S. cross-border exports usually have a greater effect on the U.S. economy than the equivalent sales through foreign affiliates, because most, or all, of the income generated by the production generally accrues to U.S.-supplied labor and capital. In contrast, for sales through foreign affiliates, only the U.S. parent company's share in profits accrues to the United States (and is recorded as a U.S. international transaction); the other income generated by production—including compensation of employees—typically accrues to foreigners. Some services can be delivered equally well through either channel, but the channel of delivery is often largely predetermined by the nature of the service. For example, many travel services are inherently delivered through the cross-border channel; in contrast, many business, professional, and technical services are mainly delivered through the affiliate channel because of the need for close, continuing contact between the service providers and their customers. To obtain a complete picture of the services transactions of affiliates, it would be necessary to examine not only their sales of services, as in this article, but also their purchases of services, both in their countries of location and elsewhere. However, the only available data on their purchases of services are those for transactions between parents and affiliates, which are discussed in the section on cross-border trade. October 2002 SURVEY OF CURRENT BUSINESS panies and of U.S. affiliates of foreign companies.3 In 2000, services delivered through nonbank majority-owned affiliates again exceeded those delivered through cross-border trade (chart 1). Because of differences in measurement and coverage, comparisons between these two channels of delivery cannot be precise, but the substantial differences in 2000 clearly indicate that delivery through affiliates was the larger channel for both U.S. sales and U.S. purchases of pri3. See Raymond J. Mataloni, Jr., "Operations of U.S. Multinational Companies: Preliminary Results from the 1999 Benchmark Survey," SURVEY OF CURRENT BUSINESS 82 (March 2002): 24-54, and William J. Zeile, "U.S. Affiliates of Foreign Companies: Operations in 2000," SURVEY 82 (August 2002): 149-166. 69 vate services.4 The use of each channel of delivery for 2000 is shown for major geographic areas in chart 2 and for 4. An example of a difference in measurement is that cross-border exports and imports of insurance services are measured as premiums minus claims, while sales of services by affiliates in insurance largely reflect premium income with no deductions for claims; this difference tends to exaggerate the relative importance of sales through affiliates. An example of a difference in coverage is that the estimates of cross-border exports and imports include services provided by banks, while those of sales through affiliates cover only nonbank affiliates. BEA has begun implementing changes to the measurement and coverage of selected services to improve the comparability of the two series. (See Obie G. Whichard and Maria Borga, "Selected Issues in the Measurement of U.S. International Services," SURVEY 82 (June 2002): 36-56.) CHART 2 CHART 1 U.S. International Sales and Purchases of Private Services, 1987-20011 U.S. Sales and Purchases of Services by Major Area in 2000 Billion $ 240 U.S. SALES OF SERVICES TO FOREIGNERS • • I U.S. cross-border exports Sales abroad by nonbank MOFA's Billion $ 210 400 U.S. SALES OF SERVICES TO FOREIGNERS 180 150 120 90 60 Sales abroad by nonbank MOFA's 30 0 400 U.S. PURCHASES OF SERVICES FROM FOREIGNERS 350 240 U.S. PURCHASES OF SERVICES FROM FOREIGNERS 210 M B U.S. cross-border imports U.S. purchases from nonbank MOUSA's 300 180 U.S. purchases from nonbank MOUSA's 250 150 200 120 150 100 90 U.S. cross-border imports 50 60 1987 1989 1991 1993 1995 1997 1999 2001 30 Note.-Data reflect the information infootnotes2,3 and 4 to table A. MOFA Majority-owned foroiqn affiliate MOUSA Majority-owned U.S. affiliate 1. The data lor sales and purchases through majority-owned affiliates are shown through 2000, the latest year for which these data are available. U.S. Department of Commerce, Bureau of Economic Analyse Canada Europe Latin America Aslaand Pacific MOFA Majority-owned foreign affiliate MOUSA Majority-owned U.S. affiliate U.S. Department of Commerce, Bureau of Economic Analysis Other U.S. International Services 70 selected countries in chart 3. For specific types of services, however, the relative importance of the two channels is difficult to gauge because of the differences in measurement and coverage and because of differences in the basis of classification. Available data on cross-border trade are generally classified by type of service, whereas the data on sales of services through affiliates are classified by primary industry of the affiliate. October 2002 CHART 3 U.S. SALES OF SERVICES TO FOREIGNERS mm U.S. cross-border exports Sales abroad by nonbank MOFA's U.S. Cross-Border Trade in 2001 In 2001, U.S. exports of private services (receipts) decreased 4 percent, to $266.2 billion, following an 8percent increase in 2000. U.S. imports of private services (payments) decreased 5 percent, to $192.3 billion, following a 17-percent increase in 2000. The Percent change from prior year Exports 2000 Private services Travel Passenger fares Other transportation Royalties and license fees Other private services Imports 2001 8 10 5 12 7 7 -A -11 -13 -6 -2 3 2000 17 10 14 22 28 19 2001 -5 -7 -8 -7 2 -1 decreases in exports and imports of private services were primarily attributable to decelerating economic growth and the effects of the attacks of September 11th (see the box "Effects of the Terrorist Attacks of September ll' h on Cross-Border Trade in Services" on page 73). Changes in the foreign-currency value of the dollar may also have affected U.S. cross-border services trade, but the effect cannot be precisely measured because it cannot be clearly distinguished from those of other variables that affected U.S. trade flows. The dollar appreciated steadily against the currencies of most of the major trading partners throughout 2000 and in the first half of 2001, and it remained at a high level in the second half of 2001. For the year, the dollar appreciated 3 percent against the euro, 13 percent against the yen, 4 percent against the Canadian dollar, and 5 percent against the pound.3 After decades of steady growth, the falloff in services exports in 2001 was an extraordinary development. All the major categories of services except "other private services," which was bolstered by sharp increases in affiliated receipts, fell. The steepest fall was in travel services, as foreigners sharply curtailed their visits to the United States. The falloff in exports was concentrated in the sec5. Annual exchange rates are period averages. U.S. PURCHASES OF SERVICES FROM FOREIGNERS ^MM U.S. cross-border imports U.S. purchases from nonbank MOUSA's Canada Germany United Kingdom Mexico MOFA Mafonty-cwnedfcw$lQftfiffittfds MOUSA Majority-owned UAafflBae ond half of 2001. In the first half of the year, exports remained virtually unchanged from their average level during 2000; in the second half, they fell 8 percent from the same period in 2000, as the effects of the September 11lh attacks compounded the effects of weak economic activity abroad. The drop in imports of private services in 2001 represented a dramatic turnaround from the 17-percent increase in 2000, the fastest growth in more than 20 years.6 The turnaround was partly due to a sharp slow6. The increase from 1983-84 was larger than that in 1999-2000. However, the 1983-84 increase was largely attributable to a break in the series that resulted from BEA's introduction of an improved method for measuring travel services. October 2002 71 SURVEY OF CURRENT BUSINESS down in U.S. economic growth, from 3.8 percent in their foreign affiliates and between U.S. affiliates and 2000 to 0.3 percent in 2001, but the September 11th atTable B. Cross-Border Service Exports and Imports tacks also contributed significantly. In addition, special by Type and Country, 2001 factors that contributed to the increase in 2000 were [Millions of dollars] absent in 2001; in particular, imports in 2000 were Other Royalboosted by a recovery in insurance services. The drop Other Passentransties and Total private Travel portalicense services ger fares in imports was more than accounted for by decreases services tion fees in travel-related services (expenditures by U.S. resiExports dents abroad and their payments to foreign airlines for All countries 266,209 73,119 18,007 28,306 38,668 108,109 international travel) and in insurance services. 10 major countries ' 11,075 13,739 23,229 58,950 147,989 40,996 Japan 8,837 2,806 3,298 6,972 8.899 30,812 The drop in imports was also concentrated in the 1,904 United Kingdom 12,027 3,309 2,685 9,191 29,116 second half of 2001. In the first half of the year, im11,657 Canada 1,668 2,212 2,255 6,484 24,276 Germany 779 1,887 2,827 6,148 2,965 14,606 ports increased 8 percent from the same period in Mexico 941 1,054 6,585 5,320 680 14,580 884 France 1,922 3,801 2,284 631 9,522 2000; in the second half, they decreased 17 percent 2,104 Korea, Republic of 1,295 1,928 43 1,751 7,121 from the same period in 2000. 2,974 Netherlands 1,284 6,357 1,081 388 630 Switzerland 1,561 982 152 299 2,828 5,822 Europe and Asia and Pacific together accounted for Brazil 750 1,862 729 447 1,989 5,777 more than two-thirds of total U.S. cross-border exOther countries 6,932 14,567 15,439 49,159 118,220 32,123 ports and imports of private services in 2001 (chart 4). Imports Three countries—the United Kingdom, Japan, and All countries 60,117 22,418 38,823 16,359 54,588 192,305 Canada—accounted for nearly a third of both total 10 major countries' 114,166 32,370 11,541 17,373 13,568 39,314 United Kingdom 22,930 5,990 3,801 2,416 1,508 9,215 U.S. exports and total U.S. imports of services (table Canada 6,477 684 6,479 18,133 3,298 1,195 Japan 17,162 2,659 5,255 3,732 1.006 4,510 B). 10,954 6,707 84 Mexico 806 1,548 1,809 Bermuda 10,625 532 0 0 754 9,339 Of total cross-border trade in services, trade within Germany 10,184 2,368 1,701 2,136 1,521 2.458 multinational companies accounted for $62.3 billion, France 3,410 1,143 956 1,096 2,328 8,933 5,517 834 Netherlands 664 805 1.166 2,048 or 23 percent, of exports of private services and for Italy 5,360 748 975 2,861 708 68 Switzerland 4,368 702 818 251 1,666 931 $41.5 billion, or 22 percent, of imports of private serOther countries 78,139 27,747 10,877 2,791 15,274 vices. Table C provides updated estimates of cross-bor21,450 der trade in services, by type, between U.S. parents and 1. Ranked by dollar value of total exports or imports U.S. Cross-Border Services Transactions: Share by Area in 2001 EXPORTS IMPORTS Canada (9%) Canada (9%) ^^ / \ ~ ^ J ^ ^ ^ Latin America and Other i ^ ^ ^ ^ ^ ^ W e s t e r n Hemisphere (19%) Europe (37%) / \ J^^^^^^k // \\ ^^k m^ / \ fm / J^^^^^^^A Europe (40° Asia and Pacific —-""'^ A s i a a n d Pacific ( 28% ) Africa (2%) Middle East J y /^ U.S. Department of Commerce, Bureau of Economic Analysis \ / Africa (2%) N C^F International O r g a n i z a t i o n s ^ ^ - — and Unallocated (2%) Latin America and Other J^^^^Western Hemisphere (20%) nternational Organizations and Unallocated (1%) (25%) U.S. International Services 72 October 2002 Types of Cross-Border Services: Coverage and Definitions The estimates of cross-border transactions cover both accounts cover transactions with nonresidents that affiliated and unaffiliated transactions between U.S. resi- involve patented and unpatented techniques, processes, dents and foreign residents. Affiliated transactions con- formulas, and other intangible proprietary rights used in sist of intrafirm trade within multinational companies— the production of goods; transactions involving tradespecifically, the trade between U.S. parent companies and marks, copyrights, franchises, broadcast rights, and other their foreign affiliates and between U.S. affiliates and intangible rights; and the rights to distribute, use, and their foreign parent groups. Unaffiliated transactions are reproduce general-use computer software. with foreigners that neither own, nor are owned by, the "Other private services." These accounts consist of U.S. party to the transaction. other affiliated and unaffiliated services. The unaffiliated Cross-border trade in private services is classified into services consist of six major categories: Education; finanthe same five, broad categories that are used in the U.S. cial services; insurance; telecommunications; business, international transactions accounts—travel, passenger professional, and technical services; and "other unaffilifares, "other transportation," royalties and license fees, ated services." Education receipts consist of expenditures for tuition and "other private services." Travel. The travel accounts cover purchases of goods and living expenses by foreign students enrolled in U.S. and services by U.S. persons traveling abroad and by for- colleges and universities. Payments consist of tuition and eign travelers in the United States for business or per- living expenses of U.S. students for study abroad. Financial services cover a variety of services that sonal reasons. These goods and services include food, lodging, recreation, gifts, entertainment, and other items include funds management, credit card services, explicit incidental to a foreign visit. Expenditures for local trans- fees and commissions on transactions in securities, fees portation in the country of travel are also covered. U.S. on credit-related activities, and other miscellaneous travel transactions with both Canada and Mexico include financial services. Implicit fees paid and received on bond border transactions, such as day trips for shopping and trading are also covered. Insurance consists of premiums earned and paid for sightseeing. A "traveler" is a person who stays less than a year in a primary insurance and for reinsurance; losses paid by country and is not a resident of that country. Students' U.S. insurers and losses recovered from foreign insurers educational expenditures and living expenses and medi- are netted against the premiums. Primary insurance cal patients' expenditures are included in "other private mainly consists of life insurance and property and casualty insurance. Each type of primary insurance may be services" Passenger fares. The passenger fare accounts cover reinsured; reinsurance is the ceding of a portion of a prefares paid by residents of one country to airline and vessel mium to another insurer who then assumes a correoperators (carriers) that reside in another country. sponding portion of the risk. Telecommunications consists of receipts and payments Receipts consist of fares received by U.S. air carriers from foreign residents for travel between the United States and between U.S. and foreign communications companies for foreign countries and between two foreign points and by the transmission of messages between the United States U.S. vessel operators for travel on U.S. cruise vessels. Pay- and other countries; channel leasing; telex, telegram, and ments consist of fares paid by U.S. residents to foreign air other jointly provided basic services; value-added sercarriers for travel between the United States and foreign vices, such as electronic mail, video conferencing, and countries and to foreign vessel operators for travel on online access services (including Internet backbone services, router services, and broadband access services); foreign cruise vessels. "Other transportation." The "other transportation" and telecommunications support services. Business, professional, and technical services cover a accounts cover U.S. international transactions arising from the transportation of goods by ocean, air, land wide variety of services, such as legal services, accounting (truck and rail), pipeline, and inland waterway carriers to services, and advertising services (see the list in table 1). "Other unaffiliated services" receipts consist mainly of and from the United States, and between two foreign points. The accounts cover freight charges for transport- expenditures (other than employee compensation) by ing exports and imports and operating expenses that foreign governments in the United States for services transportation companies incur in U.S. and foreign such as maintaining their embassies and consulates; nonports. Freight charges cover the receipts of U.S. carriers compensation-related expenditures by international for transporting U.S. goods exports and for transporting organizations—such as the United Nations, the Internagoods between two foreign points and the payments to tional Monetary Fund, and the World Bank—that are foreign carriers for transporting U.S. goods imports headquartered in the United States; expenditures of for(freight insurance on exports and imports is covered in eign residents employed temporarily in the United States; and receipts from unaffiliated foreigners for the display, the "other private services" accounts). Port services receipts consist of the value of the goods reproduction, or distribution of U.S. motion picture and and services purchased by foreign carriers in U.S. ports. television films and tapes. Payments consist primarily of Port services payments consist of the value of goods and payments by U.S. film distributors to unaffiliated foreign residents for the display, reproduction, or distribution of services purchased by U.S. carriers in foreign ports. Royalties and license fees. The royalties and license fees motion picture and television films and tapes. October 2002 SURVEY OF CURRENT BUSINESS their foreign parent groups for 1997-20017 The estimates are grouped into three major categories—transportation, royalties and license fees, and "other private services"—that correspond to the major services categories in table 1 of which they are a part.8 Additional information about the five broad categories of cross-border trade in private services in the U.S. international transactions accounts—travel, passenger fares, other transportation, royalties and license fees, and other private services—follows (for detailed esti7. The foreign parent group is defined as (1) the foreign parent, (2) anyforeign person, proceeding up the foreign parent's ownership chain, that owns more than 50 percent of the person below it, up to and including the ultimate beneficial owner, and (3) any foreign person, proceeding down the ownership chain(s) of each of these members, that is owned more than 50 percent by the person above it. 8. Intrafirm trade is not applicable to travel or to passenger fares, the two major private services categories not shown in table C. In addition, certain other services are uniformly recorded as unaffiliated services transactions, even if they are between affiliated parties (see table C, footnote 3). mates, see the tables at the end of the article). Travel Travel receipts decreased 11 percent in 2001, to $73.1 billion, following a 10-percent increase in 2000. The turnaround was primarily attributable to weakening economic conditions abroad and the effects of the attacks of September 11th. Receipts may also have been dampened by the strong value of the U.S. dollar. Travel activity, which had been flat during the first 8 months of 2001, fell precipitously in the aftermath of the attacks. Although travel steadily recovered during the fourth quarter, receipts at yearend were still well below pre-September 11th levels. For the year, travel receipts from overseas countries (countries other than Canada and Mexico) decreased 12 percent; the number of foreign visitors from overseas decreased 14 percent, and their average expenditures increased 2 percent. Effects of the Terrorist Attacks of September 11 th on Cross-Border Trade in Services The estimates of exports and imports of services in 2001 the year. In contrast, the air freight industry was little include the effects of the September 11th terrorist attacks. affected, even though flights to and from the United The effects of the attacks are embedded in the data col- States were suspended for a short period, because the lected on BEA surveys and in other source data, so they backlog of freight was rapidly eliminated. The effects of cannot be separately identified. However, BEA analyzed the attacks on air port services $re largely captured in the accounts for general movements that could be attrib- data that BEA collects from the airlines on quarterly suruted to the September 11th attacks and found such move- veys. ments in trade in travel, air transportation, financial Decreases in financial services were the result of temservices, and insurance. porary declines in underwriting and brokerage services. Decreases in travel were mostly attributable to a sharp Foreign stocks and bonds issued in the United States and drop in the number of international travelers after Sep- U.S. stocks and bonds issued overseas decreased sharply tember 11th. Immediately after the attacks, the U.S. air in the aftermath of the attacks, but they recovered transport system was shut down, and then it was quickly; these short-term effects are reflected in the reopened with only limited service and far fewer travel- monthly source data from the Federal Reserve Bank of ers. In addition, land travel between the United States New York. and Canada and Mexico slowed sharply for a short Decreases in insurance services imports were largely period, largely as a result of tightened U.S. border restric- attributable to a sharp increase in losses recovered from tions and general concerns about traveling. By the end of foreign reinsurers. (Imports of insurance services are cal2001, overseas travel by U.S. and foreign residents picked culated as premiums paid less losses recovered.) As a up, but it did not recover to pre-September 11th levels. result of the September 11th attacks, nearly $12 billion in Large decreases in passenger fare exports and imports losses were recovered from reinsurance companies were also attributable to the sharp drop in the number of abroad, primarily from reinsurers in Germany, the international travelers; by the end of the year, fares had United Kingdom, Bermuda, Switzerland, and France. not returned to pre-September-11th levels. The effects of These losses were recorded on an accrual basis at the time the attacks on travel and passenger fares are largely cap- the insured event—the terrorist attacks—occurred. The tured in the monthly source data from the U.S. Immigra- source data on insurance losses recovered are collected on tion and Naturalization Service on the number of foreign an annual BEA survey that provides only total losses for visitors to the United States and the number of U.S. trav- the year, not the losses recovered by cause or event. elers abroad. BEA's estimates of travel to and from Can- Therefore, BEA estimated the losses attributable to the ada and Mexico are based on estimates prepared by attacks and recorded these losses in September; the allostatistical agencies in these countries. cation was based on reports from numerous foreign and Decreases in port services reflected the drop in interna- domestic insurance companies and trade associations. tional air travel after September 11th that reduced foreign Reinsurance premiums had been increasing before Septh air carriers' expenditures in U.S. airports and U.S. air car- tember 11 , and in the new risk environment, they accelriers' expenditures in foreign airports through the end of erated. 73 74 U.S. International Services Among the countries with the largest decreases in travel to the United States, Argentina, Japan, and Germany had especially weak economies in 2001. Receipts from Mexico, however, increased 3 percent in 2001, though its economy faltered. Nearly two-thirds of the travel receipts from Mexico represent visits in the border area, which are typically day trips; this type of travel strongly depends on the availability of goods and on the value of the peso relative to the U.S. dollar. In 2001, the peso appreciated slightly against the U.S. dollar, so U.S. goods continued to be attractive to Mexican consumers. Moreover, border travel was less affected by the terrorist attacks than was travel to the interior of the United States, which typically involves air travel. Travel payments decreased 7 percent in 2001, to $60.1 billion, following a 10-percent increase in 2000. Travel payments overseas decreased 9 percent. The number of U.S. travelers overseas decreased 7 percent, and their average expenditures decreased 2 percent. U.S. travel overseas was strong during the first 5 months of the year, but it weakened in June, July, and August. The strength in the early part of the year may have reflected the lagged effects of the U.S. economic growth in 2000 and the favorable purchasing power of the U.S. dollar in several popular countries of destination. Like travel receipts, travel payments plummeted in the aftermath of September 11th. Although travel steadily recovered during the fourth quarter, payments at yearend were still well below pre-September 11th levels. Travel payments to almost all overseas countries decreased, but travel payments to both Canada and Mexico increased slightly in 2001. Overland travel, a significant portion of travel to these countries, was less affected by the attacks than air travel, which is the primary transport mode to overseas destinations. U.S. travel to Canada was also spurred by the 4-percent appreciation of the U.S. dollar against the Canadian dollar. The increase in payments to Mexico was attributable to a 2-percent increase in travel to the interior of the country. Payments by U.S. travelers to the Mexican border area were virtually unchanged. October 2002 Passenger fare payments decreased 8 percent, to $22.4 billion, following a 14-percent increase. The decrease was almost entirely accounted for by a falloff in payments for travel to Europe. The share of U.S. residents traveling on foreign airlines rather than on U.S. airlines was little changed, even after September 11th. Other transportation Receipts for "other transportation" services decreased 6 percent in 2001, to $28.3 billion, following a 12-percent increase in 2000. The increase in 2000, the largest in more than 10 years, resulted from increases in freight receipts that reflected strong economic growth in many of the countries that are important destinations for U.S. goods exports and from increases in port services receipts that reflected strong economic growth in the United States. Higher revenues from bunker and jet fuel sales also contributed to the increase. In 2001, freight receipts decreased as the slowdown in worldwide economic growth reduced the volume of goods transported by U.S.-operated ocean carriers. Ocean freight rates decreased, reflecting weak demand for goods, especially bulk items such as coal, iron ore, and grain. Air freight receipts also decreased, reflecting U.S. air carriers' lower revenues for transporting goods from the United States and between foreign points and a decrease in the surcharge that had been imposed in 2000 to help offset higher fuel prices. "Other freight" receipts decreased slightly. This decrease was more than accounted for by a falloff in receipts from Canada, which include receipts of U.S. firms for transporting goods by truck, rail, and pipeline. Port services also decreased in 2001, mainly because of a falloff in the number of foreign visitors to the United States. This falloff, which was especially large following September 11th, reduced expenditures by foreign air carriers in U.S. airports for items such as aircraft handling and terminal expenses and for fuel. In addition, jet and bunker fuel prices fell sharply. Transactions between affiliated parties accounted for $0.2 billion, or less than 1 percent, of total U.S. receipts for "other transportation" services in 2001 (table C). Most of these receipts resulted from transactions Passenger fares between U.S. parent companies and their foreign affiliPassenger fare receipts decreased 13 percent in 2001, to ates. $18.0 billion, following a 5-percent increase in 2000. Payments for "other transportation" services deThe sharp decrease was caused by the same factors that creased 7 percent in 2001, to $38.8 billion, following a affected travel and by a continued increase in the share 22-percent increase in 2000. The decrease is largely the of foreigners traveling on foreign airlines rather than result of slow economic growth in the United States, on U.S. airlines. Lower airfares put in place after Sep- which reduced the demand for imports and thus lowtember 11th failed to lure back enough travelers to pre- ered freight volumes and rates. The decrease in freight payments was widespread among geographic areas and vent the fall in revenue. October 2002 75 SURVEY OF CURRENT BUSINESS countries. The effects of the September 11th attacks also contributed to the decrease by reducing the number of U.S. air travelers abroad, which caused a sharp falloff in U.S. air carriers' expenditures in foreign ports. Ocean freight payments fell, as decreases in payments to foreign-operated liner and tramp vessels more than offset a small increase in payments to operators of tanker vessels. Liner and tramp freight rates dropped sharply because of weak demand for goods and excess capacity in the shipping market. The increase in payments to tanker operators was largely due to the high volume of petroleum imports during the first half of the year, when tanker rates were at nearrecord highs. Air freight payments decreased, largely reflecting the decreased volume of imports transported by foreign air carriers. "Other freight" payments decreased, as payments to Canadian carriers for transporting goods by truck in the United States fell. Port services payments abroad also decreased, primarily reflecting a decrease in U.S. carriers' payments in foreign airports. Three factors contributed to this decrease: The falloff in the number of U.S. air travelers, decreases in the volume of both exports and imports of goods, and lower prices for jet fuel. Transactions between affiliated parties accounted for $0.1 billion, or less than 1 percent, of total U.S. payments for "other transportation" services in 2001. Most of these payments resulted from transactions between U.S. parent companies and their foreign affiliates. Table C. Intrafirm Trade in Services, by Type, 1997-2001 [Billions of dollars] Other private services Total Transportation 1 Royalties and license fees 2 Total 3 Financial services Computer and information services Management and consulting services Research and development and testing services Film and television rentals Operational leasing Other Receipts Total transactions: 1997 1998 1999 2000 2001 52.0 54.9 55.4 59.6 62.3 0.4 0.4 0.3 0.3 0.2 24.5 26.4 26.5 26.8 25.9 27.1 28.1 28.6 32.5 36.2 2.3 2.7 3.5 2.7 2.8 1.6 1.3 1.1 1.2 1.1 (4) (4) (4) (4) 1.9 (5) (5) (5) (5) 4.3 2.4 2.3 2.4 2.4 2.6 1.5 1.8 1.8 1.8 1.8 19.3 20.0 19.8 24.3 21.7 40.8 42.9 43.1 44.7 44.9 0.4 0.4 0.3 0.3 0.2 23.1 24.4 24.8 24.6 23.5 17.3 18.1 18.0 19.8 21.2 1.4 1.8 2.0 1.6 1.5 1.4 1.3 1.0 1.2 1.0 (4) (4) (4) (4) 1.0 (5) (5) (5) (5) 2.0 2.4 2.3 2.4 2.4 2.6 1.2 1.5 1.4 1.5 1.6 10.9 11.2 11.2 13.1 11.5 11.2 12.0 12.3 14.9 17.4 n n n n n 1.4 2.0 1.7 9.8 0.9 0.9 1.5 1.1 1.3 0.2 (4) (4) (4) (4) 0.9 (5) (5) (5) (5) 2.3 n n n n n 0.3 0.3 0.4 0.3 8.4 8.8 8.6 11.2 0.2 10.2 24.8 28.4 33.3 38.0 41.5 0.4 0.4 0.1 6.8 8.6 9.9 n 0.9 0.9 1.0 1.0 1.0 13.1 13.4 15.8 17.9 18.2 10.8 12.6 14.9 15.3 15.6 0.4 0.4 0.1 n n n n n n n n n n n n n n n 0.1 0.1 n n 5.9 6.5 7.9 8.7 8.4 0.8 0.9 1.0 1.0 0.9 7.2 6.9 7.9 9.2 9.8 U.S. parents' transactions: 1997 1998 1999 2000 2001 U.S. affiliates' transactions: 1997 1998 1999 2000 2001 2.2 2.4 10.0 10.6 12.7 15.0 n 0.1 0.1 0.1 Payments Total transactions: 1997 1998 1999 2000 2001 0.1 12.1 13.0 17.6 19.4 23.3 25.9 28.4 2.8 4.2 5.1 5.9 5.3 0.8 0.9 1.4 1.1 1.3 (4) (4) (4) (4) 1.6 (5) (5) (5) (5) 1.0 1.4 1.8 1.8 1.9 2.0 9.0 10.4 13.0 13.4 13.5 2.5 3.3 3.9 3.8 3.5 0.5 0.6 1.2 0.9 1.0 (4) (4) (4) (4) 0.4 (5) (5) (5) (5) 0.1 0.3 0.9 1.2 2.1 1.8 0.3 0.3 0.2 0.2 0.3 (4) (4) (4) (4) 1.2 (5) (5) (5) (5) 0.9 U.S. parents' transactions: 1997 1998 1999 2000 2001 U.S. affiliates' transactions: 1997 1998 1999 2000 2001 .... 14.0 15.8 18.4 22.7 25.9 n 0.1 n n o n n 5.4 6.8 8.1 10.2 11.0 * Less than $50 million. 1. Included under "other transportation" in table 1. 2. Equal to "affiliated royalties and license fees" in table 1. 3. Equal to "affiliated other private services" in table 1. Intrafirm trade in other private services excludes payments related to basic telecommunications services because they represent the distribution of revenues collected from unaffiliated customers. It also excludes intrafirm trade in insurance services, except primary 8.6 9.0 10.3 12.5 14.9 n insurance (and the related recovery of losses) by U.S. companies from affiliated foreigners. 4. Prior to 2001, management and consulting services were included in "other" services. Beginning in 2001, data on management and consulting services were collected as a separate type of service. 5. Prior to 2001, research and development and testing services were included in "other" services. Beginning in 2001, data on research and development and testing services were collected as a separate type of service. U.S. International Services 76 Royalties and license fees Receipts of royalties and license fees decreased 2 percent in 2001, to $38.7 billion, following a 7-percent increase in 2000. Affiliated royalty and license fee receipts decreased 4 percent, following a 1-percent increase; the decrease in 2001 was more than accounted for by U.S. parents' receipts from their foreign affiliates in the manufacturing industry, especially those in Europe. Unaffiliated royalty and license fee receipts were virtually unchanged. Unaffiliated receipts from the rights to use and distribute software, the largest category of royalty and license fee receipts, reached nearly $5 billion in 2001. Additional receipts from software licensing agreements stemmed from transactions through affiliated (intrafirm) channels, but the value of these receipts cannot be separately identified (for more information, see the box "Delivery of Computer Services to Foreign Markets"). Unaffiliated royalties and license fees receipts may have been dampened in recent years by the transfer of intellectual property (such as patents, trademarks, and copyrights) to foreign affiliates. Under this practice, the affiliate rather than the U.S. parent company collects the royalties and license fees on sales of the products associated with the intellectual property, and the portion of the total amount received that is transferred October 2002 by the affiliate to the parent, either as royalties and license fees or as income, is recorded in the international accounts as affiliated transactions rather than as unaffiliated royalties and license fees.9 A variety of considerations motivates these transactions. For example, the intellectual property may be transferred to affiliates in countries with low taxes in order to reduce overall taxes, or it may be transferred in order to facilitate its adaptation to local markets; for example, computer software sometimes must be adapted to the local language and to the locally available hardware and operating systems. Payments of royalties and license fees increased 2 percent in 2001, to $16.4 billion, following a 28-percent increase in 2000. These payments have more than tripled since 1993 and have been the fastest growing major category of services imports during this period. In 2001, an increase in payments by U.S. affiliates to their foreign parents more than offset a decrease in un9. The form and volume in which the royalty revenues of the foreign affiliate flow back to the U.S. parent company depend on the contractual arrangements governing the transfer. If the flows are in the form of royalties or license fees, it is recorded in affiliated royalties and license fees receipts. If they are in the form of income^ it is recorded in direct investment income receipts. In both cases, the flows are still in the current account. Thus, these transfers may have reduced U.S. receipts of unaffiliated royalties and license fees, but the reduction may be offset by other receipts recorded elsewhere in the current account. In addition, these transfers may lead to increased sales through foreign affiliates. Delivery of Computer Services to Foreign Markets For computer-related services, as well as for many other types of services, the means of delivery may be further divided within the two major channels of cross-border trade and sales through affiliates. As a result, the total value of these services is scattered across several categories in the tables for cross-border trade and for sales by affiliates. Cross-border exports to unaffiliated foreigners of "computer and data processing services" and "data base and other information services" are shown in table 1 under "business, professional, and technical services."1 Computer-related services that are delivered to foreign markets through cross-border software-licensing agreements are shown under "Royalties and license fees."2 1. For detailed estimates of the exports of these services to numerous countries and areas, see table 7. 2. Receipts and payments for general use software that is packaged and physically shipped to or from the United States are included in trade in goods. The value of software that is preinstalled on computer equipment and peripherals is captured in the value of this hardware and thus also included in trade in goods. Exports through agreements with unaffiliated foreigners are shown in table 4 in the column "general use software." Exports through agreements with affiliated foreigners (intrafirm trade) are included in affiliated royalty and license fee transactions in table 1, but their value cannot be separately identified. Intrafirm exports of computer and information services, which consists of computer and data processing services and of data base and other information services, are shown in table C. Sales of computer-related services through foreign affiliates exceeded cross-border exports of these services in 2000, the most recent year for which comparable data are available, reflecting the advantages of a local presence when delivering these services to foreign customers (table 9). The available data on sales through affiliates are classified by primary industry of the affiliate rather than by type of service; thus, computer-related services may be sold not only through foreign-affiliates in the computer services industry but also by affiliates in several other industries, particularly machinery manufacturing and wholesale trade. October 2002 SURVEY OF CURRENT BUSINESS affiliated payments. The increase in payments by U.S. affiliates partly reflected the robust activity of affiliates in the motor-vehicle wholesaling and motor-vehicle manufacturing industries. The decrease in unaffiliated transactions was attributable to the absence of two special factors that had increased payments in 2000. First, a jump in payments for the broadcasting and recording of live events reflected payments to the International Olympic Committee for broadcast rights to the Summer Olympic Games; second, a jump in payments for the use of trademarks was largely due to a surge in payments for the rights to sell children's toys in the United States (table 4.3). Excluding these two factors, unaffiliated transactions would have been little changed in 2001. Other private services Receipts for "other private services" increased 3 percent in 2001, to $108.1 billion, following a 7-percent increase in 2000. Increases in services delivered to foreign markets through affiliated channels, in business, professional, and technical services, and in education more than offset decreases in insurance services and in financial services. Telecommunications receipts were little changed. Payments for "other private services" decreased 1 percent in 2001, to $54.6 billion, following a 19-percent increase in 2000. Decreases in insurance, in telecommunications, and in financial services more than offset increases in services delivered to U.S. markets through affiliated channels, in business, professional, and technical services, and in education. Unaffiliated transactions. Unaffiliated cross-border trade in "other private services" consists of five principal categories—education; financial services; insurance; telecommunications; and business, professional, and technical services. (For detailed estimates, see the tables at the end of the article.) Receipts for education increased 11 percent in 2001, to $11.5 billion, following an 8-percent increase in 2000. The number of foreign students studying in the United States increased 6.4 percent, the largest percentage increase since 1980, to nearly 550,000. More than half were undergraduate students, and more than half were from Asian countries. The number of students from nearly every area of the world increased. Education payments increased 16 percent in 2001, to $2.4 billion, following a 14-percent increase in 2000. Educational institutions in the United Kingdom remained the most popular destination for U.S. students studying abroad, accounting for more than 20 percent 77 of the number of students. Financial services receipts decreased 7 percent, to $15.2 billion, in 2001, following a 22-percent increase in 2000. These receipts, which had more than doubled since 1996, reversed direction in 2001 as foreign activity in U.S. financial markets slowed. The decrease was primarily attributable to a reduction in financial advisory and custody services due to a falloff in mergers and acquisitions. Underwriting services decreased because foreigners sharply reduced their issuances of stocks in the United States; new issuances of foreign bonds also fell. Financial management services also decreased. These decreases were partly offset by an increase in brokerage commissions, as foreigners traded heavily in outstanding U.S. bonds. Financial services payments decreased 10 percent to $4.0 billion in 2001, following a 31-percent increase in 2000. The 2001 decrease was largely attributable to a slowdown in new issues of U.S. stocks and bonds abroad. Financial advisory and custody services and financial management services also decreased. Insurance services receipts fell to a mere $18 million in 2001, after more than doubling to $2.1 billion in 2000.10 Because net insurance services are calculated as premiums paid less losses recovered, they may swing sharply from year to year, even when the underlying gross flows change relatively little. In 2001, a sizable increase in claims paid to foreigners, mainly in the United Kingdom, raised claims to a level that offset virtually all of the premiums received by U.S. insurance companies from foreigners.11 Total U.S. premiums received increased slightly, largely because lost business in Japan offset widespread increases in premiums received from most other countries, as new business was underwritten and premium rates increased. Insurance services payments fell by nearly half in 2001, to $4.9 billion, after more than tripling in 2000, as a surge in losses recovered more than offset a nearly 5010. Insurance services, though listed under unaffiliated services, consist of both affiliated and unaffiliated transactions. Receipts are calculated as premiums received from foreigners for primary insurance and reinsurance less claims paid by U.S. insurers. Payments are calculated as premiums paid to foreigners for primary insurance and reinsurance less losses recovered from foreign insurers. 11. The large increase in claims paid to the United Kingdom may be related to the terrorist attacks. Reinsurance arrangements often have multiple tiers, especially where large risks are concerned, and some insurance placed with companies located in the United Kingdom—a major international insurance center—typically would have been, in turn, reinsured with other companies, including some located in the United States. Settlement of attack-related claims therefore could have resulted in U.S. claim payments to foreign insurers, even though most of the funds paid would ultimately be rerouted through primary insurers to policy holders located in the United States. U.S. International Services 78 percent increase in premiums paid. The surge was largely attributable to the recording in the third quarter of large nonrecurring losses recovered from foreign reinsurance companies as a result of the September 11th attacks. (Losses recovered are recorded in the accounts on an accrual basis at the time the insured event occurs.) The increase in premiums paid, which accelerated following the attacks, reflected both higher rates and an increase in the amount of insurance ceded to foreign reinsurance companies. Foreign companies set higher rates in an effort to recoup past losses and to ensure that they maintained a sound financial position based on their reassessment of the risk environment. Receipts for telecommunications services were virtually unchanged in 2001 at $4.8 billion, following a 5percent increase in 2000; payments decreased 21 percent to $4.3 billion, following a 17-percent decrease. Calling rates continued to decline, offsetting an increase in the volume of calls. Sharp reductions in calling rates in recent years and the availability of alternative means of communications, such as e-mail, October 2002 have resulted in lower levels of both receipts and payments for basic telecommunications services, but payments for basic services have fallen much more sharply than receipts since 1996 (see the box "The 2001 Benchmark Survey of Selected Services Transactions"). Moreover, the share of telecommunications services that is attributable to basic telecommunications services has decreased greatly since 1996, as transactions associated with privately leased channel services, value-added services (such as video-conferencing and broadband access services), and support services have surged. Business, professional, and technical services receipts increased 6 percent, to $25.7 billion in 2001, following a 12-percent decrease in 2000; payments increased 16 percent, to $10.0 billion, following a 6percent increase. The increases in receipts and payments in 2001 were spread among all major geographic areas and among most types of services. Receipts for construction, engineering, architectural, and mining services increased as increases in construc- Data Sources The estimates in this article are primarily based on data from the surveys conducted by the Bureau of Economic Analysis (BEA). However, the estimates for some services are based on data from a variety of other sources, including the U.S. Customs Service, surveys conducted by other Federal Government agencies, private sources, and partner countries. BEA conducts 11 surveys of cross-border trade with unaffiliated foreigners—that is, with foreigners that neither own nor are owned by the U.S. party to the transaction. These surveys cover six broad categories of services: (1) Selected services (mainly miscellaneous business, professional, and technical services), (2) construction, engineering, architectural, and mining services, (3) insurance, (4) financial services, (5) royalties and license fees, and (6) transportation. Each of these categories is covered by a separate survey or by a group of surveys. More detailed information on these surveys is available in U.S. International Transactions in Private Services: A Guide to the Surveys Conducted by the Bureau of Economic Analysis. The Guide presents general information about the classification, definition, and release schedules of all the surveys, and it provides details on the items covered on each survey, the frequency of the surveys, the numbers of respondents, and the methods used to prepare the estimates. The Guide is available on BEA's Web site at <www.bea.gov>, or by writing to the International Investment Division, BE-50, Bureau of Economic Analysis, Washington, DC 20230, or by e-mail at <internation- alaccounts@bea.gov>. For further information, call 202-606-9853. The data on intrafirm trade in services and on sales by majority-owned affiliates are collected in BEA's surveys of U.S. direct investment abroad and of foreign direct investment in the United States. For the methodologies for these surveys, see U.S. Direct Investment Abroad: 1994 Benchmark Survey, Final Results (Washington, DC: U.S. Government Printing Office, 1998) and Foreign Direct Investment in the United States: Final Results From the 1997 Benchmark Survey (Washington, DC: U.S. Government Printing Office, 2001). For additional information on the methodology that is used to prepare the estimates of both affiliated and unaffiliated cross-border trade, see The Balance of Payments of the United States: Concepts, Data Sources, and Estimating Procedures (Washington DC: U.S. Government Printing Office, 1990). For changes in the methodology that have been made since 1990, see the section "Technical Notes" in the quarterly articles on the U.S. international transactions in the June 1990 and 1991 issues of the SURVEY OF CURRENT BUSINESS, the section "Revised Estimates for 1976-91" in the June 1992 issue, and the annual articles on the revised estimates of U.S. international transactions in the June 1993-95 issues and in the July 1996-2002 issues. These methodologies and the SURVEY articles for July 1996-2002 are also available on BEA's Web site. October 2002 79 SURVEY OF CURRENT BUSINESS tion services and engineering and architectural services offset a decrease in mining services.12 Receipts for each of these services may fluctuate sharply from year to year because they are typically based on a small num12. BEA is publishing separate estimates of construction services, of engineering, architectural, and other technical services, and of mining services for the first time (see table 1). This detail is based on data that BEA collects on its surveys. ber of high-value projects. Receipts for operational leasing services, which largely consist of the leasing of transportation equipment without crew, decreased after years of steady increases. Receipts for "computer and data processing services" also decreased, reflecting general weakness in foreign economies, which had a pronounced effect on the U.S. high-tech industry; about half the value of the transactions associated with The 2001 Benchmark Survey of Selected Services Transactions The estimates of business, professional, and technical services were revised to incorporate the preliminary results of BEA's 2001 Benchmark Survey of Selected Services Transactions with Unaffiliated Foreign Persons. The benchmark survey collects more detailed data than the annual surveys, which collect information on more than two dozen types of business, professional, and technical services. For example, the benchmark survey collects additional information on telecommunications, computer and data processing services, and database and other information services. In addition, it covers several smaller services that the annual survey does not cover in order to reduce respondent burden; these services are agricultural services, mailing reproduction and commercial art, employment agency and temporary help services, and management of health care facilities (see the accompanying table, which also provides comparable detail from the 1996 benchmark survey). The benchmark survey was redesigned for 2001 to clarify that transactions conducted over the Internet were to be reported. The survey was also updated to cover services that have become increasingly important in today's global market. For example, telecommunications "valueadded services" now includes a specific reference to broadband access services, and "other business, professional, and technical services" now includes auction services and waste treatment services. On the benchmark survey, only those U.S. individuals, companies, and other organizations whose sales or purchases of any type of covered service exceeded $1 million were required to file a report. However, those who claimed exemption from reporting were required to report their total sales and purchases and to note the primary type of service associated with these transactions; in addition, some exempt entities voluntarily reported information on their transactions. Estimates for business, professional, and technical services transactions that fall below the exemption levels for reporting on the benchmark and on the annual surveys are included in the accounts each year. The amounts, though small, eliminate a source of understatement in the universe estimates. Based on the reports filed in claiming exemption and on the voluntary reports, $237 million was added to receipts and $197 million was added to payments in 2001. For transactions that were not reported by country, the data were allocated on the basis of the country composition of the transactions that were reported by country. Detail Collected in the 1996 and 2001 Benchmark Survey of Selected Services Transactions With Unaffiliated Foreign Persons [Billions of dollars] 1996 2001" U.S. receipts Agricultural services n n Computer and data processing services Data entry, processing, and tabulation Systems analysis, design, engineering, and custom programming Integrated hardware/software systems Other 1.6 0.3 0.6 0.3 0.4 2.6 1.0 1.3 0.2 0.2 Data base and other information services Business and economic data base services , Medical, legal, technical, demographic, bibliographic, and similar data base services General news services Other 1.2 0.3 2.2 0.5 0.1 (*) 0.7 (D) 0.1 (D) Employment agencies and temporary help services 0.1 Mailing, reproduction, and commercial art n n n n n Miscellaneous disbursements Disbursements to fund production costs of motion pictures All other disbursements 0.3 0.2 n 0.3 0.2 Telecommunications Message telephone services Private leased channel services Telex, telegram, and other jointly-provided (basic) services Value added services Support services 3.3 2.6 0.4 4.8 3.2 (D) 0.2 n n 0.6 (D) Management of health care facilities n n n n n n n n Miscellaneous disbursements Disbursements to fund production costs of motion pictures All other disbursements 0.8 0.2 0.6 1.3 0.5 0.8 8.3 8.2 4.3 3.7 0.1 (D) 0.2 (D) Management of health care facilities n n U.S. payments Agricultural services Employment agencies and temporary help services Mailing, reproduction, and commercial art Telecommunications Message telephone services Private leased channel services Telex, telegram, and other jointly-provided (basic) services Value added services Support services " Preliminary * Less than $50 million. D Suppressed to avoid disclosure of data of individual companies. NOTE. Details may not add to totals because of rounding. n n n n U.S. International Services 80 these services are related to systems analysis, design, engineering and custom programming. Affiliated transactions. "Other private services" delivered to foreign markets through affiliated channels (intrafirm receipts) increased 11 percent, to $36.2 billion, in 2001, following a 14-percent increase in 2000. The increase was generally widespread across industries and largely resulted from an increase in U.S. affiliates' receipts from their foreign parents. Intrafirm payments increased 9 percent, to $28.4 billion, following a 12-percent increase. Almost all of the increase in 2001 was attributable to payments by U.S. affiliates to foreign parents. In 2001, the estimates of cross-border trade in "other private services" between affiliated parties by type of service were expanded to include two types of services that had previously been included in the "other" category: Research and development and testing services and management and consulting services (table C). These services were added because a significant portion of the services in the "other" category consisted of allocated expenses, such as charges for research and development or management services, that are apportioned among the various divisions or parts of an enterprise. Research and development and testing services accounted for 12 percent of "other private services" receipts and for 4 percent of "other private services" payments; management and consulting services accounted for 5 percent of receipts and for 6 percent of payments. However, in 2001, the "other" category continued to account for most of "other private services" receipts;13 the next largest category was research and development and testing services, followed by film and television tape rentals and financial services. Most of the "other private services" payments were accounted for by the "other" category, followed by financial services and by management and consulting services. October 2002 affiliates were $411.5 billion, up 10 percent from 1999. Worldwide sales of services by foreign multinational companies through their nonbank, majority-owned U.S. affiliates were $373.7 billion, up 18 percent (table D).14 Sales by affiliates—of both goods and services—are predominantly local transactions. In 2000, 86 percent of worldwide sales of services by foreign affiliates of U.S. companies were local sales, that is, transactions with parties located in the same country as the affiliate; the corresponding share for goods was 63 percent. Services' larger share reflects the importance of proximity to the customer in the delivery of services. Partly reflecting the large U.S. market, local sales accounted for 93 percent of sales of services by U.S. affiliates of foreign companies and for an estimated 90 percent of sales of goods.15 14. In this section, sales of services are defined as sales that are typically associated with selected industry groups, which are listed in the note to table D. 15. Because the data on sales of goods by U.S. affiliates are not disaggregated by destination, the local and foreign shares have been estimated from the data on exports of goods shipped by affiliates. In 2000, these exports represented 10 percent of total sales of goods by these affiliates. Table D. Sales of Services by U.S. MNC's Through Their Nonbank MOFA's and by Foreign MNC's Through Their Nonbank MQUSA's, 1999-2000 [Millions of dollars] Total To affiliated persons To unaffiliated persons To U.S. persons To U.S. parents To unaffiliated U.S. persons To foreign persons To other foreign affiliates To unaffiliated foreign persons... Local sales To other foreign affiliates To unaffiliated foreigners Sales to other countries To other foreign affiliates To unaffiliated foreigners Sales Through Affiliates in 2000 In 2000, the latest year for which data are available, worldwide sales (the combined sales to foreign and U.S. persons) of services by U.S. multinational companies through their nonbank, majority-owned foreign 13. The "other'* category includes allocated expenses—except those for research and development services and management services—and professional and technical services, such as public relations, advertising, legal services, and communication services except basic telecommunications 1999 2000 372,852 38,435 334,417 19,646 14,779 4,867 353,206 23,656 329,550 320,686 9,790 310,896 32,520 13,866 18,654 411,511 39,332 372,179 18,726 14,047 4,679 392,785 25,285 367,500 355,273 11,351 343,922 37,512 13,934 23,578 316,939 293,485 23,454 10,259 1,173 12,021 373,732 346,669 27,063 10,289 771 16,003 Sales through MOFA's Sales through MOUSA's Total To U.S. persons To foreign persons To the foreign parent group To foreign affiliates To other foreigners NOTE. Depository institutions are excluded because data are not available. In this table, sales of services through affiliates are those typical of establishments in the following industries derived from the North American Industry Classification System: Utilities; transportation and warehousing; information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises; administrative and support, waste management, and remediation services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; support activities for agriculture and forestry; support activities for oil and gas operations; support activities for mining; and other services. MNC Multinational company M0FA Majority-owned foreign affiliate M0USA Majority-owned U.S. affiliate October 2002 SURVEY OF CURRENT BUSINESS Sales of services to foreign persons by nonbank foreign affiliates (that is, their local sales plus their sales to other foreign countries) and sales of services to U.S. persons by nonbank U.S. affiliates (that is, their local sales) both represent services delivered to international markets through the channel of direct investment. These sales are presented by country of foreign affiliate or by country of the U.S. affiliates' ultimate beneficial owner (UBO) for 1993-2000 in table 8.16 Tables 9.1 and 9.2 present sales by primary industry of the foreign affiliate cross-classified by country in 1999 and 2000. Tables 10.1 and 10.2 present sales by primary industry of the U.S. affiliate cross-classified by country of UBO in 1999 and 2000. Foreign affiliates' sales to foreign persons In 2000, sales of services to foreign customers by nonbank, majority-owned foreign affiliates of U.S. companies were $392.8 billion. By area, affiliates in Europe accounted for 52 percent of the total sales. Within Europe, almost half of the sales were accounted for by affiliates in the United Kingdom; affiliates in Germany had the second highest sales, followed by those in France and in the Netherlands. Affiliates in Canada accounted for 11 percent of sales to foreign persons, and affiliates in Japan accounted for 8 percent.17 16. The UBO of a U.S. affiliate is that person (in the broad legal sense, including a company), proceeding up the affiliate's ownership chain beginning with the foreign parent, that is not owned more than 50 percent by another person. The UBO ultimately owns or controls the affiliate and derives the benefits associated with ownership or control. Unlike the foreign parent, the UBO of a U.S. affiliate may be located in the United States. By industry sector, sales were largest in "finance (except depository institutions) and insurance," in professional, scientific, and technical services, and in information. In finance and insurance, affiliates in insurance accounted for the majority of sales. In professional, scientific, and technical services, the largest sales were by affiliates in computer systems design and related services, followed by affiliates in architectural, engineering, and related services and in management, scientific, and technical consulting.18 In information, the largest sales were by affiliates in broadcasting and telecommunications (primarily telecommunications), followed by affiliates in information services and data processing services and in publishing industries. Sales of services abroad by foreign affiliates increased 11 percent in 2000. Sales were spurred by strong economic growth in many of the important host countries for foreign affiliates, which not only boosted sales through existing affiliates but also created attractive opportunities for U.S. multinationals to acquire or establish new affiliates abroad. Indeed, much of the increase resulted from sales by newly ac17. Beginning with the estimates for 1999, BEA no longer uses the "international" category in tabulating foreign direct investment. This change is being made to comply with international guidelines for the compilation of international transactions and direct investment statistics set forth by the International Monetary Fund's Balance of Payments Manual, 5th ed. For details, see footnote 4 to table 8. 18. Computer-related services are also likely to have been sold by affiliates classified in other industries, especially those in computers and electronic products manufacturing and in wholesale trade of professional and commercial equipment and supplies. See the box "Delivery of Computer Services to Foreign Markets" on page 76. Acknowledgments The estimates of cross-border trade were prepared by the Christine L. Hagerty, Steven J. Muno, John A. Sondhefollowing staff members of the Balance of Payments Divi- imer, Robert A. Becker, and Mary-Frances Styczynski sion and the International Investment Division. The estimates of sales of services through majorityTravel and passenger fares: Joan E. Bolyard and Laura owned affiliates were prepared by staff members of the L. Brokenbaugh International Investment Division. Other transportation—Patricia G. Watts and Edward The information in tables 1, 2, 3, and 5 was consoliR Dozier dated by John A. Sondheimer, assisted by Robert A. Royalties and license fees and other private services, Becker. Computer programming for data estimation and affiliated—Gregory G. Fouch (for transactions of U.S. the generation of the other tables was provided by Marie affiliates) and Mark W. New (for transactions of U.S. par- Colosimo, Carole J. Henry, Neeta B. Kapoor, Fritz H. ents) Mayhew, Xia Ouyang, and Diane I. Young. Royalties and license fees and other private services, The box "Effects of the Terrorist Attacks of September unaffiliated—Christopher J. Emond, Shirley J. Davis, Ra- 11th on Cross-Border Trade in Services" and the estimates fael I. Font, Pamela Aiken, Damon C. Battaglia, Annette of these effects on the insurance accounts were prepared Boyd, Faith M. Brannam, Hope R. Jones, Eddie L. Key, by Erin Engasser. 81 82 U.S. International Services quired firms as part of the boom in cross-border mergers and acquisitions.19 Many of the newly acquired firms were in industries and markets that offered investment opportunities and the potential for strong growth, including utilities that were acquired because of privatization programs in many countries and insurance, particularly life insurance in the Asia and Pacific region. The boom in cross-border mergers and acquisitions had a mixed impact on the sales of services through foreign affiliates because it also resulted in the loss of sales by affiliates that were acquired by foreign firms. However, the loss of these sales was more than offset by the increase in sales from newly acquired firms. By country, the largest increase in sales was accounted for by affiliates in Canada, followed by affiliates in the United Kingdom and in Japan. In Canada, affiliates in wholesale trade and in utilities largely accounted for the increase. Sales in secondary activities, such as transportation, accounted for the increase in sales by affiliates in wholesale trade.20 The increase in sales by affiliates in utilities was largely attributable to newly acquired natural gas distributors. In the United Kingdom, most of the increase in sales was accounted for by affiliates in utilities, mainly as a result of sales by newly acquired utility companies but also due to growth in sales by energy traders. In Europe excluding the United Kingdom, the growth in sales of services was curtailed by the exit of several large affiliates in waste management, travel services, and employment services from the affiliate universe as a result of foreign acquisitions of the foreign operations of the U.S. parent or of a restructuring following the foreign acquisition of the entire U.S. multinational company. In Japan, affiliates in life insurance and in computer systems design and related services accounted for most of 19. For additional information, see Maria Borga and Raymond J. Mataloni, Jr., "Direct Investment Positions for 2000: Country and Industry Detail," SURVEY 81 (July 2001): 16-29. 20. Wholesale trade provides distributive services for the sale of goods to retailers, intermediate users, and final users (except persons), and the value of the distributive services is embedded in the final value of goods they sell. When the data collection system for sales of services through affiliates was established, BEA chose to treat sales in wholesale trade as sales of goods because most of the value of the sale is attributable to the goods being sold and not to the distributive services. Consequently, wholesalers are actually more important suppliers of services than the data suggest. (The treatment of distributive services supplied by the retail trade industry is comparable with that of wholesale trade.) For a discussion of the measurement of distributive services in both cross-border trade and sales through affiliates, see Whichard and Borga, "Selected Issues in the Measurement of U.S. International Services." October 2002 the increase. Affiliates in life insurance increased their sales by capturing market share from financially troubled Japanese life insurance companies and in some cases, by acquiring insolvent Japanese life insurers. Affiliates in computer systems design and related services increased their sales partly because Japanese firms expanded their outsourcing of information technology services. By industry sector, the largest increases were in "finance (except depository institutions) and insurance " in utilities, and in professional, scientific, and technical services. Most of the increase in finance and insurance was accounted for by affiliates in insurance, especially life insurance affiliates in the Asia and Pacific region. In utilities, most of the increase reflected sales by newly acquired firms in Canada and the United Kingdom. In professional, scientific, and technical services, most of the increase was accounted for by affiliates in computer systems design and related services, almost all of which were in the Asia and Pacific region. U.S. affiliates' sales in the United States In 2000, sales of services to U.S. customers by nonbank majority-owned U.S. affiliates of foreign companies were $346.7 billion. By area of the affiliates' ultimate beneficial owner (UBO), Europe accounted for the largest share of total sales (67 percent), followed by Canada (15 percent), Asia and Pacific (12 percent), and Latin America and Other Western Hemisphere (4 percent). By country of the affiliates' UBO, the United Kingdom accounted for the largest share of sales, followed by Canada, Germany, and the Netherlands. By industry sector, the largest sales were in "finance (except depository institutions) and insurance," followed by information and by manufacturing. Insurance accounted for most of the sales in finance and insurance. In information, the largest sales were in publishing, followed by broadcasting and telecommu- Data Availability The estimates of cross-border trade for 1986-2001 and of sales through majority-owned affiliates for 1989-2000 are available as files that can be downloaded from BEA's Web site. To access these files, go to <www.bea.gov>, click on "Balance of payments and related data," and look under "Goods and services." October 2002 SURVEY OF CURRENT BUSINESS nications (primarily telecommunications). In manufacturing, the largest sales were in two industries that can have significant secondary activities in services: Transportation equipment (generally related to auto leasing and financing) and computers and electronic products (generally computer services). U.S. affiliates' sales of services in the United States increased 18 percent in 2000. Strong U.S. economic growth fueled the boom in cross-border mergers and acquisitions and contributed to the growth in sales of services by existing U.S. affiliates. The increase primarily reflected net additions to the affiliate universe as a result of a record volume of new direct investments by foreign multinational companies.21 Acquisition activity was particularly strong in the services industries, such as finance, advertising, management services, insurance, and telecommunications. There were also new investments in affiliates classified in computers and electronic products manufacturing; these affiliates can have significant sales of computer services. More than four-fifths of the increase in affiliates' sales of services was accounted for by affiliates with UBO's in Europe. Within Europe, the largest increases were by German, French, and Swiss affiliates. For Germany, the largest increases were in two manufacturing sectors—transportation equipment manufacturing and electrical equipment, appliances, and components manufacturing—followed by finance. In transportation equipment manufacturing, the increase reflected 21. According to data from BEA's survey of new foreign direct investment, outlays to acquire or establish U.S. businesses were $335.6 billion in 2000; see Thomas W. Anderson, "Foreign Direct Investment in the United States: New Investment in 2001," SURVEY 82 (June 2002): 28-35. These data cover only transactions involving U.S. businesses newly acquired or established by foreign direct investors. For additional information about foreign direct investment in the United States, including transactions involving both new and existing U.S. affiliates, see Borga and Mataloni, "Direct Investment Positions in 2000," and Zeile, "Operations in 2000." 83 an increase in auto leasing and financing by existing affiliates. In electrical equipment, appliances, and components manufacturing, the increase was due to sales by firms in computer systems design and related services that were newly acquired by existing manufacturing affiliates.22 The increase in finance reflected sales by newly acquired affiliates. For France, the increase largely reflected sales by newly acquired affiliates in advertising and related services and in management, scientific, and technical consulting. For Switzerland, the increase largely reflected sales by newly acquired affiliates in finance and in employment services. Outside of Europe, the largest increase in sales was by affiliates with UBO's in Canada. The increase was more than accounted for by utilities, reflecting both sales by newly acquired affiliates and growth in sales by existing affiliates. By industry sector, the largest increase was by affiliates in finance and insurance, followed by affiliates in manufacturing and in professional, scientific, and technical services. In finance and insurance, the increase was mainly accounted for by the newly acquired affiliates in finance. The growth in sales by affiliates in manufacturing was primarily in electrical equipment, appliance, and component manufacturing and in transportation equipment manufacturing, mainly by affiliates with UBO's in Germany. In professional, scientific, and technical services, most of the growth was accounted for by affiliates in advertising and related services. 22. On the reports used by BEA to collect the data, the sales of a newly acquired firm are consolidated with those of the existing affiliate, and the total sales are then recorded in the industry that accounts for the largest share of sales in the consolidated business. For these affiliates, the sales were included in electrical, appliance, and components manufacturing because that remained the industry with the largest share of sales for the consolidated business. October 2 0 0 2 U.S. International Services 84 Table 1. Private Services Trade by Type, 1986-2001 [Millions of dollars] Exports Total private services Travel Overseas Canada Mexico Passenger fares Other transportation Freight Port services Royalties and license fees Affiliated U.S. parents' transactions U.S. affiliates' transactions Unaffiliated Industrial processes Other Other private services Affiliated services U.S. parents' transactions U.S. affiliates' transactions Unaffiliated services Education Financial services lnsurance.net Premiums Losses Telecommunications Business, professional, and technical services Accounting, auditing, and bookkeeping services Advertising Computer and data processing services Construction, engineering, architectural, and mining services Construction Engineering, architectural, and other technical services Mining services Data base and other information services Industrial engineering Installation, maintenance, and repair of equipment Legal services Management, consulting, and public relations services Medical services Miscellaneous disbursements Operational leasing Research, development, and testing services Sports and performing arts Training services Other business, professional and technical services1 Other unaffiliated services See footnotes at end of table. 2 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 163,688 171,588 187,357 203,768 222,633 238,984 243,932 256,492 277,478 266,209 48,385 34,518 8,500 5,367 54,742 40,864 8,182 5,696 57,875 45,298 7,458 5,119 58,417 47,299 6,252 63,395 54,331 6,207 2,857 69,809 59,963 6,842 3,004 73,426 63,041 6,945 3,440 71,286 61,262 6,206 3,818 74,731 63,947 6,670 4,114 82,267 70,050 7,055 5,162 73,119 61,315 6,484 5,320 15,298 15,854 16,618 16,528 16,997 18,909 20,422 20,868 20,098 19,785 20,760 18,007 20,526 7,209 13,318 22,042 8,379 13,662 22,631 8,651 13,979 21,531 8,441 13,088 21,958 8,594 13,364 23,754 9,575 14,180 26,081 11,273 14,809 26,074 11,146 14,929 27,006 11,789 15,217 25,604 11,048 14,557 26,916 11,560 15,356 30,137 12,994 17,143 28,306 11,930 16,376 12,139 9,493 9,238 256 2,646 1,863 782 13,818 10,961 10,612 349 2,857 1,947 910 16,634 13,250 12,867 383 3,384 2,333 1,052 17,819 14,106 13,523 583 3,712 2,435 1,277 20,841 15,659 14,925 733 5,183 2,525 2,657 21,695 15,688 14,936 752 6,007 2,820 3,187 26,712 20,275 19,250 1,025 6,437 3,026 3,411 30,289 22,859 21,399 1,460 7,430 3,513 3,917 32,470 24,556 22,719 1,837 7,914 3,566 4,348 33,228 24,465 23,091 1,374 8,763 3,544 5,219 35,626 26,313 24,362 1,951 9,314 3,499 5,815 36,902 26,507 24,807 1,700 10,395 3,900 6,496 39,607 26,816 24,585 2,231 12,791 4,705 38,668 25,873 23,502 2,371 12,795 4,852 7,943 29,263 8,494 5,658 2,836 20,769 3,821 3,731 1,573 3,615 2,042 2,111 4,765 31,111 9,568 6,808 2,760 21,544 4,142 3,831 847 3,534 2,687 2,196 5,970 36,729 12,295 9,117 3,179 24,433 4,575 5,036 103 3,117 3,015 2,519 6,823 40,251 13,622 9,532 4,090 26,629 5,126 4,417 230 3,388 3,158 2,735 7,752 47,748 14,538 ' 9,975 4,563 33,210 5,679 5,012 491 3,365 2,874 3,291 12,045 49,956 16,823 10,479 6,344 33,134 6,186 4,034 682 3,852 3,170 2,885 11,722 53,532 16,813 10,902 5,911 36,718 6,738 4,999 1,020 3,981 2,961 2,785 12,958 61,477 19,825 13,313 6,512 41,652 7,174 5,763 1,676 4,921 3,245 2,865 15,330 65,094 20,483 13,033 7,450 44,611 7,515 7,029 1,296 5,491 4,195 3,228 16,078 73,858 22,931 14,118 8,813 50,927 7,887 8,229 2,168 5,929 3,761 3,301 19,466 84,456 27,107 17,288 9,819 57,349 8,346 10,243 2,473 6,118 3,645 3,918 21,547 91,318 28,176 18,135 10,041 63,142 9,036 11,327 2,224 7,278 5,054 5,567 22,676 98,158 104,707 108,109 28,564 32,580 36,243 17,977 19,846 21,237 10,587 12,734 15,006 72,127 71,866 69,594 10,348 11,493 9,615 16,307 15,209 13,410 2,050 18 1,011 8,458 8,658 6,760 6,408 8,640 5,749 4,756 4,796 4,549 24,373 25,720 27,701 21 94 985 27 109 649 37 145 1,198 124 145 978 119 130 1,031 168 274 1,738 164 315 776 164 338 132 487 1,306 181 425 1,340 222 543 1,617 316 607 2,011 412 445 1,941 294 481 3,312 363 551 3,050 403 513 2,644 759 n.a. 668 n.a. 790 n.a. 939 867 n.a. 1,478 n.a. 1,935 n.a. 2,407 n.a. 2,474 n.a. 2,550 n.a. 3,553 n.a. 3,503 n.a. 3,884 793 5,834 2,643 2,275 680 2,623 823 n.a. n.a. 124 n.a. n.a. 133 304 n.a. n.a. 196 278 n.a. n.a. 205 219 n.a. n.a. 283 473 n.a. n.a. 442 363 n.a. n.a. 641 212 n.a. n.a. 694 268 n.a. n.a. 1,026 575 n.a. n.a. 1,078 726 n.a. n.a. 1,158 870 n.a. n.a. 1,479 1,186 2,541 550 1,764 1,271 2,620 571 2,131 1,865 1,309 286 2,165 716 1,573 228 2,192 780 1,033 97 1,087 147 1,276 272 1,717 397 2,031 451 2,574 1,309 2,744 1,358 2,978 1,442 3,497 1,617 3,218 1,667 3,648 1,943 3,369 2,223 3,189 2,406 3,491 2,465 3,931 3,232 4,546 3,143 306 490 327 516 n.a. 484 177 (D) 344 541 n.a. 544 231 (D) 54 300 588 n.a. 671 375 (D) 109 354 630 n.a. 801 384 (D) 138 870 672 89 796 602 71 345 728 708 97 854 611 43 320 826 750 222 834 464 77 319 1,134 794 222 925 522 86 388 1,489 856 251 978 638 116 421 1,460 1,005 333 1,482 681 149 1,632 1,113 144 2,012 893 149 447 1,888 1,204 148 2,367 867 99 396 1,832 1,353 109 2,671 994 131 1,751 1,501 102 2,890 1,046 123 402 1,859 1,676 160 2,753 1,317 141 505 (D) (D) (D) (D) (D) 256 217 191 143 147 463 396 274 467 4,821 4,769 4,558 5,378 6,369 6,693 14,293 14,630 1986 1987 1988 1989 77,545 87,030 100,971 117,935 20,385 15,650 2,701 2,034 23,563 18,044 3,309 2,210 29,434 22,313 4,150 2,971 36,205 26,938 5,340 3,927 43,007 30,807 7,093 5,107 5,582 7,003 8,976 10,657 15,438 4,864 10,574 17,027 5,452 11,575 19,311 6,491 12,820 8,113 6,174 5,994 180 1,939 n.a. n.a. 10,174 7,888 7,668 220 2,286 1,593 694 28,027 8,385 5,577 2,808 19,641 3,495 3,301 1,385 3,424 2,039 1,827 4,813 n.a. 384 282 (D) 73 1990 1991 137,232, 152,437 7,625 n.a. 8,220 8,845 388 415 9,465 9,874 389 351 10,821 12,312 13,309 October 2002 85 SURVEY OF CURRENT BUSINESS Table 1. Private Services Trade by Type, 1986-2001—Continued [Millions of dollars] Imports Total private services Travel Overseas Canada Mexico , Passenger fares Other transportation Freight Port services Royalties and license fees Affiliated U.S. parents' transactions U.S. affiliates' transactions Unaffiliated Industrial processes Other Other private services Affiliated services U.S. parents' transactions U.S. affiliates' transactions Unaffiliated services Education Financial services lnsurance.net Premiums Losses Telecommunications Business, professional, and technical services Accounting, auditing, and bookkeeping services Advertising Computer and data processing services Construction, engineering, architectural, and mining services Construction... Engineering, architectural, and other technical services Mining services Data base and other information services Industrial engineering Installation, maintenance, and repair of equipment Legal services Management, consulting, and public relations services Medical services Miscellaneous disbursements Operational leasing Research, development, and testing services Sports and performing arts Training services Other business, professional and technical services 1 Other unaffiliated services 2 1986 1987 1988 1989 1990 1991 1995 1996 1997 64,731 73,945 81,002 85,295 98,210 99,934 100,379 107,940 119,101 128,781 137,102 151,791 25,913 20,311 3,034 2,568 29,310 23,313 2,939 3,058 32,114 25,260 3,232 3,622 33,416 25,746 3,394 4,276 37,349 28,929 3,541 4,879 35,322 26,506 3,705 5,111 38,552 29,838 3,554 5,160 40,713 31,859 3,692 5,162 43,782 34,534 3,914 5,334 44,916 35,281 4,319 5,316 48,078 37,436 4,670 5,972 52,051 40,667 4,904 6,480 56,509 44,395 5,718 6,396 6,505 7,283 7,729 8,249 10,531 10,012 10,603 11,410 13,062 14,663 15,809 18,138 17,766 12,512 5,254 19,010 12,618 6,392 20,891 13,792 7,099 22,172 13,997 8,176 24,966 15,046 9,920 24,975 14,554 10,421 23,767 13,571 10,197 24,524 14,518 10,005 26,019 16,006 10,013 27,034 16,455 10,579 27,403 16,539 10,864 1,401 1,857 1,309 168 1,142 547 435 112 2,601 1,426 141 1,285 1,175 488 689 2,528 1,704 71 1,632 824 568 256 3,135 2,206 239 1,967 929 666 265 4,035 2,955 166 2,789 1,080 796 283 5,161 3,396 189 3,207 1,766 818 948 5,032 3,386 234 3,152 1,646 1,054 592 5,852 3,933 420 3,513 1,919 1,034 884 6,919 5,256 583 4,673 1,663 3,915 2,391 1,524 9,231 433 1,769 2,200 7,217 5,017 3,253 1,303 16,485 5,356 3,050 2,307 11,129 452 2,077 3,241 8,538 5,297 3,736 1,367 17,667 6,043 3,461 2,582 11,624 539 1,656 2,628 8,954 6,326 4,576 1,926 18,930 7,911 4,783 3,128 11,019 586 2,056 823 9,909 9,086 5,172 2,059 22,229 9,117 5,334 3,784 13,111 658 2,475 1,910 10,222 8,312 5,583 2,093 25,590 9,732 5,260 4,472 15,859 698 2,669 2,467 11,207 8,740 6,608 3,015 22,296 9,640 5,355 4,285 12,656 767 986 1,324 11,738 10,414 6,052 3,102 26,261 10,677 5,721 4,956 15,585 857 1,371 3,095 12,093 8,998 6,365 3,504 29 77 32 37 128 74 31 188 107 22 228 46 57 243 44 301 116 104 450 71 301 n.a. 163 n.a. 307 n.a. 443 n.a. 170 n.a. 315 n.a. n.a. n.a. 23 75 n.a. n.a. 25 103 n.a. n.a. 39 133 n.a. n.a. 31 53 n.a. n.a. 54 74 467 40 496 56 616 98 704 81 60 n.a. n.a. 50 76 21 7 67 n.a. n.a. 48 114 25 73 n.a. n.a. 78 182 40 10 143 n.a. n.a. 88 133 54 13 916 118 799 484 n.a. n.a. 13,146 42 23 25 20 272 255 298 323 2000 2001 202,060 192,305 58,865 46,925 6,135 5,805 64,788 51,775 6,367 6,646 60,117 46,933 6,477 6,707 19,971 21,315 24,306 28,959 17,654 11,305 30,363 19,412 10,950 34,139 22,218 11,925 41,598 27,388 14,210 38,823 25,667 13,156 9,161 6,749 1,379 5,370 2,412 1,417 995 11,235 8,547 1,782 6,765 2,688 1,319 1,369 12,609 9,876 1,812 8,064 2,733 1,568 16,115 714 7,837 5,406 761 4,645 2,431 1,319 1,112 12,180 1,946 10,234 3,935 1,695 2,240 16,359 13,008 2,026 10,982 3,351 1,815 1,536 30,386 12,451 6,538 5,913 17,935 972 1,654 4,034 14,075 10,041 6,928 3,869 35,249 37,975 15,548 7,084 8,464 22,427 1,253 2,907 3,885 10,637 8,290 5,547 43,482 17,625 9,012 8,613 25,857 1,396 3,347 5,873 15,211 9,338 8,346 6,407 49,388 19,437 10,415 9,022 29,951 1,587 3,590 9,240 20,398 11,158 7,682 7,392 46,313 13,634 6,861 6,773 21,615 1,125 2,472 5,360 15,284 9,925 7,305 4,822 55,253 25,971 13,433 12,538 29,282 2,052 4,472 8,175 26,930 18,755 5,473 8,636 54,588 28,410 13,467 14,943 26,178 2,378 4,016 4,906 39,895 34,989 4,298 10,040 103 646 101 130 728 S3 170 833 126 218 971 276 279 773 636 403 912 917 592 881 567 923 922 928 881 1,016 261 n.a. 319 n.a. 280 n.a. 345 n.a. 465 n.a. 463 n.a. 554 n.a. 510 n.a. 518 n.a. 471 264 n.a. n.a. 51 30 n.a. n.a. 72 112 n.a. n.a. 110 142 n.a. n.a. 141 100 n.a. n.a. 160 160 n.a. n.a. 146 197 n.a. n.a. 128 211 n.a. n.a. 152 206 n.a. n.a. 171 262 n.a. n.a. 178 261 156 50 260 260 714 111 538 244 191 311 175 321 164 383 160 469 239 615 307 539 242 655 315 742 822 874 996 755 135 n.a. n.a. 202 210 48 17 271 n.a. 342 229 241 84 77 243 n.a. 395 337 225 145 101 287 n.a. 371 356 239 156 101 321 n.a. 538 401 294 122 137 465 n.a. 843 407 364 120 145 497 n.a. 750 325 379 200 140 687 n.a. 1,075 189 564 260 153 872 n.a. 1,136 175 637 228 168 842 n.a. 1,351 173 749 206 162 755 n.a. 1,225 187 903 159 207 998 n.a. 1,306 212 1,064 221 367 85 75 46 59 129 142 137 168 138 305 392 402 425 394 477 532 546 487 460 433 473 540 n.a. Not available * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. For exports, other business, professional, and technical services consists of agricultural services; language translation services; security services; collection services; salvage services; satellite photography and remote sensing/satellite imagery services; merchanting services; transcription services; waste treatment and depollution services; mailing, reproduction, and 1992 1993 1994 948 14,522 1998 1999 167,466 173,241 1,164 23,261 12,951 10,310 23,052 1,807 3,418 2,684 20,857 18,173 6,601 8,110 commercial art services; personnel supply services; management of health care facilities services; auction services, and other trade-related services. For imports, other business, professional, and technical services consists of all of the components above with the exception of merchanting services. 2. Exports include mainly film and tape rentals and expenditures of foreign governments and international organizations in the United States. Imports include mainly expenditures of U.S. residents temporarily working abroad and film and tape October 2002 U.S. International Services 86 Table 2. Private Services Trade by Area and Country, 1986-2001 [Millions of dollars] Exports 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 87,030 100,971 117,935 137,232 152,437 163,688 171,588 187,357 203,768 222,633 238,984 243,932 256,492 277,478 266,209 8,465 9,371 10,703 13,323 15,684 17,750 17,380 16,971 17,216 17,927 19,492 20,484 19,126 21,105 23,465 24,276 Europe Belgium-Luxembourg..., France Germany1 Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other 24,896 1,027 2,912 4,001 1,852 1,938 30,259 1,025 3,648 5,196 2,143 2,106 35,754 1,209 3,885 5,881 2,452 2,456 41,593 1,475 4,642 6,134 2,676 2,579 48,192 1,763 5,542 7,364 3,279 3,269 53,570 1.946 6,168 8,825 3,680 3,576 6,502 8,389 10,105 12,448 12,989 14,091 60,182 2,308 6,998 10,867 4,496 3,747 1.118 2,443 1,756 2,894 15,726 7,834 62,138 2,207 6,816 11,346 4,080 4,109 1,241 2,246 1,728 2,922 17,163 8,276 67,473 2,782 6,694 11,573 4,264 5,476 1,157 2,678 1,747 3,695 17,848 9,558 73,092 2,843 7,965 12,692 4,533 6,119 1,210 2,991 1,890 3,843 18,625 10,381 81,274 2,882 8,862 13,370 4,858 7,012 1,401 3,098 2,474 4,294 20,204 12,819 86,443 2,860 9,358 13,978 4,991 7,303 1,395 3,432 2,382 4,325 23,845 12,580 93,928 2,981 9,575 14,889 5,597 6,601 1,411 3,512 2,573 4,949 26,444 15,396 97,865 3,161 9,689 15,872 5,178 6,733 1,349 3,811 2,231 4,618 28,415 16,807 104,668 3,110 9,935 15,883 5,290 6,775 1,291 3,740 3,306 5,653 31,247 18,440 99,472 3,370 9,522 14,606 5,036 6,357 1,243 3,360 3,181 5,822 29,116 17,867 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 14,206 11,472 14,398 11,744 15,669 13,027 17,842 15,142 21,957 18,447 24,842 21,174 4,531 937 4,445 829 •4,911 914 4,822 1,027 8,590 1,273 9,666 1,563 2,740 2,652 2,642 3,509 3,667 26,722 23,228 1,797 2,499 620 10,492 1,993 5,832 3,494 414 3,077 29,126 25,219 2,147 2,949 111 10,440 2,428 6,480 3,904 533 3,371 32,740 27,931 2,482 3,737 1,156 11,344 2,145 7,070 4,809 755 4,056 32,872 27,639 2,403 4,997 991 8,705 2,496 8,049 5,234 606 4,628 35,736 29,826 2,759 5,205 1,189 9,442 2,409 8,820 5,910 849 5,062 42,398 34,981 3,339 6.405 1,424 10,799 2,682 10,337 7,416 889 6,529 46,710 38,091 3,582 6,616 1,334 11,629 3,061 11,872 8,618 1,052 7,566 49,053 39,106 3,576 5,548 1,510 12,643 3,238 12,593 9,945 1,232 8,714 53,061 41,985 3,540 6,027 1,406 14,104 3,257 13,653 11,074 1,670 9,403 51,749 40,401 3,155 5,777 1,312 14,580 3,188 12,390 11,346 2,307 9,040 Africa, Middle East, and Asia and Pacific Africa South Africa Other Middle East Israel Saudi Arabia Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 25,602 28,258 33,335 39,327 45,321 51,167 1,593 1,842 2,311 2,825 3,260 3,214 10,273 12,376 14,827 18,363 21,159 23,981 54,855 2,234 465 1,771 3,965 896 1,356 1,713 48,656 3,459 1,568 2,259 1,094 775 25,554 3,375 601 761 968 2,155 3,173 750 2,160 58,604 2,328 494 1,835 4,147 1,106 1,239 1,802 52,130 3,558 1,919 2,365 1,138 893 26,794 3,638 680 794 1,247 2,414 3,466 1,016 2,205 64,937 2,579 625 1,954 5,052 1,484 1,864 1,702 57,306 3,791 2,049 2,804 1,226 874 28,952 4,599 892 835 1,187 2,646 4,168 1,020 2,267 74,508 2,869 801 2,069 5,796 1,637 2,084 2,074 65,843 4,266 2,531 2,998 1,320 1,157 33,240 5,693 1,032 996 1,059 3,148 4,429 1,188 2,786 80,154 3,036 843 2,195 6,681 1,899 1,689 3,095 70,437 4,510 3,164 3,338 1,496 1,415 33,535 7,435 1,278 1,177 1,237 3,854 4,048 1,216 2,734 83,970 3,481 1,004 2,478 6,844 1,918 1,911 3,012 73,645 4,899 3,594 3,627 1,593 1,784 33,926 7,108 1,257 1,251 1,500 4,099 4,743 1,243 3,019 78,009 4,111 1,067 3,046 7,444 2,048 1,976 3,419 66,454 4,795 3,971 3,466 1,875 1,469 29,824 4,756 1,047 1,233 1,317 3,819 3,997 1,160 3,725 82,466 4,609 1,301 3,306 7,623 2,227 2,343 3,051 70,234 5,019 3,901 3,347 2,031 1,460 30,669 5,424 1,110 1,190 1,610 4,508 4,868 1,086 4,016 90,069 4,797 1.346 3,452 7,048 2,320 1,696 3,030 78,224 5,426 4,731 3,721 2,525 1,106 34,313 7,090 1,107 1,265 1,625 4,472 4,686 1,165 4,990 84,867 4,689 1,225 3,465 6,823 2,247 1,794 2,780 73,355 4,703 5,259 3,418 2,825 1,014 30,812 7,121 1,134 1,202 1,576 4,081 4,597 1,068 4,548 4,376 4,745 5,510 5,850 6,077 5,109 4,548 4,750 4,990 5,365 5,971 5,687 6,155 6,005 6,216 5,843 20,752 283 25,259 298 29,447 403 34,307 686 39,149 956 44,150 1,140 51,140 1,163 52,374 1,673 56,013 2,183 63,938 2,580 70,372 3,283 75,265 3,392 81,868 3,705 85,879 3,631 91,377 3,686 86,130 3,758 All countriesCanada.. International organizations and unallocated.. Addenda: European Union 2 .. Eastern Europe3... See footnotes at end of table. 1986 1987 77,545 October 2002 87 SURVEY OF CURRENT BUSINESS Table 2. Private Services Trade by Area and Country, 1986-2001—Continued [Millions of dollars] Imports 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 64,731 73,945 81,002 85,295 98,210 99,934 100,379 107,940 119,101 128,781 137,102 151,791 167,466 173,241 202,060 192,305 6,311 6,854 8,350 8,640 9,130 9,716 8,688 9,223 10,132 11,160 12,451 13,923 15,487 15,559 17,130 18,133 Europe Belgium-Luxembourg.. France Germany1 Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other 24,132 604 2,264 3,982 2,258 1,032 28,313 556 2,679 5,198 2,509 1,305 30,866 622 2,931 5,540 2,870 1,317 33,010 813 3,517 6,048 2,863 1,609 39,815 1,022 4,169 6,819 3,469 1,935 39,262 958 3,927 6,438 3,299 2,157 7,542 8,918 9,411 9,795 11,564 12,111 39,718 1,028 4,581 6,376 3,177 2,479 1,034 1,271 779 1,710 10,538 6,746 44,417 1,048 4,958 6,806 3,142 2,211 1,414 1,081 942 1,945 13,634 7,237 48,996 1,245 5,749 7,280 3,433 2,613 1,184 1,140 857 2,317 14,692 52,708 1,480 5,951 7,586 3,743 3,191 1,162 1,109 844 2,285 16,063 9,293 53,856 1,498 6,023 7,705 3,492 3,157 1,281 1,304 884 2,636 16,186 9,690 61,517 1,716 6,757 7,934 3,681 3,461 1,281 1,457 854 2,765 21,363 10,249 70,634 1,928 7,536 9,783 4,059 4,333 784 1,880 847 3,766 23,282 12,437 71,578 2,181 7,932 9,973 4,641 3,950 857 2,143 1,071 3,673 23,738 11,419 86,920 2,295 10,625 11,664 5,156 5,291 840 2,540 1,335 5,318 26,875 14,982 76,864 2,236 8,933 10,184 5,360 5,517 912 2,220 1,247 4,368 22,930 12,960 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 13,010 7,522 14,964 9,074 15,648 10,241 16,840 11,180 18,643 12,737 19,602 13,254 3,681 480 4,506 526 5,068 619 5,976 487 6,731 659 7,056 584 5,488 5,892 5,407 5,659 5,905 6,348 20,127 13,439 449 679 332 7,269 633 4,077 6,690 1,522 5,167 20,588 13,582 464 734 362 7,410 714 3,899 7,005 1,278 5,727 22,783 14,850 572 904 415 7,849 761 4,352 7,933 1,832 6,100 24,252 15,500 572 1,165 427 7,930 701 4,708 8,750 2,713 6,036 26,954 17,711 779 1,421 519 8,918 767 5,308 9,244 2,867 6,377 29,813 19,156 864 1,764 537 9,830 705 5,452 10,656 3,632 7,023 32,469 19,724 855 1,959 569 9,816 735 735 12,745 4,850 7,893 31,811 20,265 874 1,701 818 9,434 697 6,740 11,547 4,518 7,030 36,769 22,217 954 1,933 871 10,999 640 6,821 14,551 6,628 7,923 39,239 21,039 734 1,770 840 10,954 728 6,010 18,201 10,625 7,577 Africa, Middle East, and Asia and Pacific.. Africa : South Africa Other Middle East Israel Saudi Arabia Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 19,371 21,999 23,617 24,232 27,976 29,285 1,163 1,495 1,644 1,748 2,290 2,386 6,662 7,527 8,396 8,927 10,529 11,772 29,120 1,472 199 1,276 2,053 1,016 337 698 25,595 2,215 1,044 1,420 636 440 10,607 2,041 265 525 785 684 1,978 389 2,569 31,789 1,527 228 1,298 2,172 1,068 339 764 28,090 2,163 1,303 1,336 687 428 11,785 2,343 299 538 851 938 2,381 377 2,659 35,300 1,911 294 1,616 2,240 1,192 307 740 31,148 1,929 1,459 1,881 760 438 12,584 2,796 355 567 1,036 1,155 2,649 475 3,062 38,542 1,947 398 1,548 2,663 1,171 559 936 33,933 2,142 1,674 1,901 851 443 13,463 3,581 451 601 1,121 1,232 2,856 677 2,944 41,580 2,380 543 1,837 3,152 1,369 437 1,346 36,048 2,573 1,936 2,920 1,093 550 12,907 4,124 456 661 1,361 1,817 2,702 802 2,148 44,633 2,550 726 1,827 3,224 1,505 576 1,142 38,860 2,675 2,205 3,038 1,223 547 13,566 4,540 532 695 1,456 2,094 3,362 758 2,165 46,524 2,532 857 1,676 3,673 1,431 857 1,383 40,319 3,312 2,294 3,242 1,541 304 13,360 4,152 371 943 1,247 1,854 2,901 792 4,002 52,299 2,591 845 1,747 3,836 1,595 875 1,368 45,872 3,137 2,668 3,758 1,492 369 15,797 4,304 337 1,102 1,168 2,231 3,455 916 5,146 58,088 2,802 863 1,941 3,320 1,801 464 1,055 51,965 3,282 2,754 4,128 1,884 433 17,556 4,178 338 1,163 1,536 2,297 3,701 923 7,789 55,371 3,022 891 2,130 3,335 1,352 515 1,468 49,013 3,498 3,012 3,731 1,744 302 17,162 3,765 416 1,348 1,435 2,010 3,454 891 6,246 International organizations and unallocated 1,907 1,815 2,521 2,573 2,646 2,069 2,726 1,926 1,889 2,119 2,266 1,902 2,356 1,992 3,151 2,698 20,412 345 23,961 477 25,813 508 28,057 582 33,394 797 32,924 1,052 32,960 1,596 36,680 1,513 40,238 1,965 45,301 2,171 45,486 2,346 52,846 2,147 60,555 2,552 62,185 2,349 74,828 2,473 65,798 2,399 All countries... Canada.. Addenda: European Union 2 Eastern Europe3. 1. Prior to 1990, this line includes data only for the Federal Republic of Germany. Beginning in 1990, this line also includes the former German Democratic Republic. 2. The European Union comprises Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, United Kingdom, Austria, Finland, and Sweden. The last three countries joined the Union on January 1, 1995. The estimates prior to 1995 do not reflect the addition of these three countries. 3. Eastern Europe comprises Albania, Armenia, Azerbaijan, Belarus, Bulgaria, Czech Republic, Estonia, Georgia, Hungary, izakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Poland, Romania, Russia, Slovakia, Tajikstan, Turkmenistan, Ukraine, Kazakhstan, * Uzbekistan. NOTE. The full country and area detail shown in the stub is available only since 1992. anc 88 October 2 0 0 2 U.S. International Services Table 3.1. Travel, Passenger Fares, and Other Transportation, 1998 [Millions of dollars] Payments Receipts Travel All countries.... Passenger fares Other transportation Port services Freight Total Total Ocean Air 2,505 14,557 7,145 7,253 1,726 461 38 263 1,578 79 231 245 75 119 12 63 47 61 534 112 98 6 7 14 4 32 5,790 116 603 759 285 626 200 92 151 217 995 1,746 2,693 46 27 587 66 73 200 2 62 52 217 1,361 3,097 70 576 172 219 553 1,125 1,055 78 242 37 104 113 481 70 8 62 292 256 1,386 1,190 85 255 99 344 37 370 196 237 171 1,149 1,019 85 245 72 258 17 342 130 196 66 Ocean Air 71,286 20,098 25,604 11,048 3,783 4,758 Other Total 6,206 1,478 2,317 1,856 59 24,112 487 2,348 4,155 1,907 922 428 961 675 1,146 7,600 3,483 7,024 262 993 1,341 651 217 18 386 263 180 2,258 455 8,827 423 893 1,153 411 1,046 228 231 220 278 1,742 2,202 3,037 307 290 394 126 420 28 139 69 61 747 456 1,361 222 52 135 47 269 16 76 22 19,498 16,810 1,519 2,753 552 3,818 1,592 6,576 2,688 18 2,670 5,600 4,901 627 1,071 181 958 323 1,741 699 7 3,282 2,909 191 542 153 549 192 1,282 373 8 365 1,896 1,719 106 287 54 205 155 912 177 8 169 479 408 28 45 17 48 33 237 71 Africa South AfricaOther 1,183 386 797 31 0 31 491 77 414 208 18 190 155 5 150 34 5 29 283 59 224 39 7 32 Middle East Israel Saudi Arabia.. Other 2,403 809 542 1,052 626 412 19 195 1,016 297 124 595 527 172 86 269 449 142 68 239 78 30 18 30 489 125 38 326 131 17,884 1,562 1,140 746 779 179 9,424 991 172 488 469 299 1,035 209 391 5,339 548 151 383 57 109 3,616 44 0 79 92 64 80 21 95 9,103 282 510 463 132 63 2,819 1,231 142 187 179 456 985 123 1,531 3,506 163 200 447 107 60 1,048 206 106 20 103 221 259 73 493 1,264 8 115 154 92 53 319 146 24 1,872 113 85 293 15 7 640 60 82 7 67 167 155 54 127 568 16 16 7,406 270 2,722 166 1,167 124 Canada.. Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central AmericaArgentina Brazil Chile Mexico Venezuela Other Other Western HemisphereBermuda Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of... Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated Addenda: European Union 1 .. Eastern Europe2... 1. See table 2, footnote 2. 2. See table 2, footnote 3. 20,963 1,257 6,646 159 Travel "'203 319 54 104 19 140 1,471 32 53 9 194 36 370 42 226 84 ......... 5,597 119 310 16 25 3 1,771 1,025 36 167 76 235 726 50 1,038 3,455 20 115 16 3 552 552 4,684 104 1,863 1,093 564 7 26 91 582 2 936 90 89 165 778 385 Other Passenger fares Other transportation Freight Port services Total Total Ocean Air 160 587 2,910 2,285 20,481 10,554 11,323 297 385 513 2,997 723 758 2,063 1,454 1,873 2,446 389 547 756 910 797 222 38 349 1,138 172 116 209 48 171 755 701 224 5,142 3,896 2,397 4,368 1,926 3,578 6,929 157 257 1,186 445 336 346 35 161 205 764 3,037 5,718 97 56 2,132 5,434 1,495 81 76 165 92 294 892 377 171 165 346 7 28 124 37 97 108 409 355 2,838 199 2,351 1,822 13 86 89 958 82 594 529 647 471 7 40 75 111 33 205 176 475 307 130 2,894 2,234 124 405 87 809 122 687 660 0 660 529 176 168 244 52 192 1,185 362 823 484 273 211 165 36 129 83 29 54 67 21 46 1,510 428 472 610 441 328 77 36 503 187 27 289 335 77 20 238 238 125 38 195 5,011 11,727 587 214 139 707 460 604 133 56 10 35 784 4,219 1,141 1,403 67 45 293 75 160 109 183 572 656 1,070 139 58 259 2,560 7,749 64 482 217 23 9 2,425 1,295 35 22 55 442 938 28 1,714 5,957 1,792 27 37 220 262 2 215 10 13 4 5 1,927 455 840 14 21 22 18 37 119 323 160 778 21 7 215 1,499 1,384 1,384 1,384 8,969 219 4,878 124 3,615 1,263 110 22 3 678 461 29 167 50 144 144 48 102 2,821 68 Total Ocean Air 160 56,509 19,971 30,363 19,412 13,652 3,624 2,136 10,950 1,930 8,935 15,725 11,671 469 912 281 6,396 383 3,230 4,054 356 3,698 2,142 99 195 Other 11,890 1,201 924 1,189 812 139 2,719 1,175 163 391 658 539 797 442 741 17,261 1,326 9,135 452 18 42 101 33 113 168 168 160 7 22 33 16 238 625 158 381 4,394 648 3,746 238 356 118 458 501 43 585 687 102 89 102 13 331 461 130 3 3 54 81 27 10 10 19 19 1,633 '"ill 1,522 450 541 1,704 1,351 6 46 14 847 49 389 353 337 1,367 296 1,055 6 24 22 9 5 71 776 45 4 242 147 312 41 353 312 82 7 75 168 110 7 51 3,978 150 225 387 33 26 1,794 108 10 53 54 130 132 30 846 620 3,358 145 5 163 62 347 40 28 5 26 135 1,659 65 43 10 51 2 10 44 10 120 42 90 22 8 669 177 4,091 95 580 3,511 44 Other October 2002 89 SURVEY OF CURRENT BUSINESS Table 3.2. Travel, Passenger Fares, and Other Transportation, 1999 [Millions of dollars] Payments Receipts Other transportation Travel All countries.. Canada Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central A m e r i c a Argentina Brazil Chile Mexico Venezuela Other Other Western HemisphereBermuda Other senger fares 6,670 1,540 2,484 1,976 25,971 7,092 232 8,405 470 582 1.484 337 694 3,094 562 2,330 4,398 1,691 1,216 439 1,043 674 1,252 8,398 3,968 19,801 16,750 1,457 2,034 540 4,114 1,697 6,908 3,051 17 3,034 1,287 517 352 82 310 2,144 866 583 695 397 18,828 1,735 777 698 861 248 9,711 1,251 206 542 579 349 1,189 260 422 5,239 520 170 267 34 168 3,585 20 11 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of.. Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 42 281 3 113 90 103 55 95 35 Addenda: European Union 1 Eastern Europe 2 . 1. See table 2, footnote 2. 2. See table 2, footnote 3. 6,700 78 76 1,836 450 1,100 383 1,030 65 12 222 18 34 22 213 51 25 82 414 255 67 70 5 67 65 280 245 419 98 321 191 22 169 143 8 135 1,093 398 131 564 576 275 85 216 473 224 72 177 566 22,369 1,184 64 1,830 1,658 77 240 56 321 116 848 172 5 167 10,538 351 627 512 144 88 3,082 1,477 170 187 225 640 1,244 118 7,053 340 Ocean Air 508 65 276 5,311 2,370 2,941 177 38 139 283 22 261 1,091 487 604 212 55 157 252 62 190 172 172 111 2 109 136 83 53 205 160 45 986 865 121 373 1,686 1,313 1,581 1,277 74 240 154 369 43 397 304 341 1,240 220 1,057 74 227 13 35 119 109 260 26 17 37 360 121 183 Other Passenger fares Other transportation Freight Total 3,226 2,512 21,066 11,023 11,410 522 272 409 765 3,121 791 1,786 2,224 496 535 2,819 753 837 791 39 367 193 288 124 1,134 91 192 215 830 294 783 5,502 3,832 2,507 3,875 1,943 3,481 6,746 174 243 1,116 421 333 361 37 184 269 743 2,865 167 6,135 712 487 305 182 216 64 152 112 54 58 103 51 13 39 517 123 46 348 174 343 123 46 174 1,564 556 519 489 361 72 33 634 203 31 400 477 77 20 380 6,654 4,305 2,349 154 7 161 262 154 416 1 21 22 3 34 31 7 7 765 1,949 1,184 754 429 1,183 9 36 45 167 167 35 61 96 121 185 306 778 166 944 3 51 54 34 1,270 1,236 12,300 1,294 1,037 1,177 737 205 2,845 1.141 128 516 536 575 805 492 812 5,589 14,899 10,460 197 633 45 156 1,008 728 789 602 318 69 114 26 56 0 8 860 4,986 2,937 1,551 1,422 1,131 43 35 74 72 22 400 151 76 228 778 634 206 721 1,552 1,384 152 102 105 359 3,495 2,723 556 18,219 1,157 9,557 365 62 2,347 714 170 446 349 308 14 9 5 104 10 94 13 6 7 125 77 20 28 157 126 11 20 65 54 3 8,313 2,147 29 16 342 386 2 316 7 19 1 7 575 2,362 185 1,237 14 21 22 54 22 475 159 1,145 239 10 92 2,265 458 4,439 152 280 471 43 48 2,049 129 8 50 75 144 168 50 772 734 3,705 149 3 153 127 377 94 10 33 48 151 1,898 90 8 1 49 50 25 117 27 137 31 27 23 73 699 4,328 110 506 75 153 1,150 250 900 4,290 1,643 2,647 130 85 45 Air 285 1,560 244 1,252 2 14 56 6 25 17 50 47 12 122 276 41 308 162 176 55 121 2,763 1,083 1,600 24 178 210 Ocean 1,845 1,496 16 62 42 919 59 398 349 511 52 21 31 556 Total 601 4,063 90 258 37 485 96 574 12 102 131 373 6 25 62 582 429 1 25 59 140 46 158 153 228 76 152 10 Other 4,664 348 522 670 114 504 6 87 8 25 1,764 616 762 600 15 49 112 151 46 227 162 29 6 23 214 Air 5,133 1,613 100 74 158 85 301 815 76 345 176 157 361 30 7 46 138 167 102 439 304 120 2,745 2,607 2,096 31 111 154 1,070 105 625 511 183 351 40 103 3,038 2,324 134 337 92 957 106 698 714 0 714 121 174 Ocean 167 58,865 21,315 34,139 22,218 15,728 4,137 2,351 11,925 1,973 9,852 304 57 9 179 35 Port services Total 12,034 434 749 402 5,805 270 4,374 4,616 419 4,197 3,884 1,496 2,037 17 133 190 118 93 211 170 490 320 110 19 91 8 73 81 355 1,133 693 178 294 116 41 125 84 0 20 8 129 56 73 98 334 236 109 300 191 19 64 45 171 403 18 10 Total 3,940 5,043 2,578 15,356 7,863 7,325 3,411 2,935 151 480 210 690 159 1,245 476 5 471 266 1,673 International organizations and unallocated Other 92 5 1,781 2,154 795 9 Air 1,304 1,698 205 83 51 242 248 132 79 42 133 279 12 9 60 74 38 25 61 177 608 310 134 169 2,535 347 5,466 4,671 655 837 159 961 275 1,784 Ocean 293 299 393 125 442 21 134 63 61 795 193 245 199 Middle East ..... 26,916 11,560 259 1,317 386 931 Israel Total 19,785 1,002 Travel Port services Total 74,731 Africa South AfricaOther Saudi Arabia Other Freight 352 352 176 167 14 24 53 7 1,147 1,147 1,147 9,284 229 4,956 119 3,550 1,406 100 19 25 84 1,680 112 504 3,822 35 Other 98 October 2 0 0 2 U.S. International Services 90 Table 3.3. Travel, Passenger Fares, and Other Transportation, 2000 [Millions of dollars] Receipts Travel Passenfares All countries... Freight Port services Total Ocean Air 30,137 1,713 2,571 2,007 Europe Belgium-Luxembourg.. France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other 27,834 506 2,637 4,035 1,590 1,288 387 1,094 741 1,176 9,957 4,423 6,981 9,794 473 656 3,446 1,425 1,935 234 95 333 54 290 350 144 299 455 45 86 135 308 171 507 12 9 21 57 60 117 26 38 64 61 61 170 681 859 378 142 544 Latin America and Other Western Hemisphere South and Centnl America... Argentina Brazil Chile Mexico Venezuela Other Other Western HemisphereBermuda Other 22,134 19,007 1,411 2,230 576 5,162 1,891 7,737 3,127 17 3,110 5,963 3,459 5,119 665 918 167 1,028 317 2,024 844 10 834 2,970 151 479 202 699 163 1,276 489 5 484 1,928 1,713 77 239 48 333 121 895 215 5 210 Africa South AfricaOther 1,443 429 1,014 69 11 58 602 129 473 374 17 357 326 5 321 Middle East Israel Saudi Arabia.. Other 2,235 873 603 759 361 248 8 105 1,147 630 310 86 234 527 259 73 195 21,566 5,673 530 304 250 35 191 3,777 64 13 113 93 12,002 287 647 532 180 113 3,506 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of.. Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 1,856 1,120 814 1,112 263 10,238 2,216 242 559 739 417 1,184 315 491 1,017 1,088 485 404 2 236 303 173 2,747 338 94 101 26 82 International organizations and unallocated Addenda: European Union 1 .... Eastern Europe 2 1. See table 2, footnote 2. 2. See table 2, footnote 3. 1,929 365 793 193 228 200 266 1,973 2,718 433 132 582 1,548 181 189 259 634 1,206 126 2,594 Other 138 1,783 6,651 8,163 341 Ocean Air 472 1,190 367 1,111 12 65 17 222 14 34 48 230 23 89 253 471 105 79 5 74 105 564 49 319 6,348 2,932 3,416 48 92 140 28 278 306 615 859 1,474 69 161 230 78 208 286 172 172 2 109 111 53 83 136 45 160 205 963 151 1,114 503 24 2,174 1,671 266 235 1,531 1,257 74 240 154 366 42 381 274 321 1,210 245 1,012 74 ........ 227 35 119 117 249 26 16 54 327 76 198 Other Passenger fares Other transportation Freight Port services Total Total Ocean Air Other Total Ocean Air 196 64,788 24,306 41,598 27,388 20,066 4,739 2,582 14,210 2,211 11,895 196 6,367 827 3,581 2,763 24,049 13,647 14,032 349 629 351 956 3,650 1,184 1,936 2,219 2,696 685 688 2,917 972 1,025 749 374 37 150 115 348 1,476 191 90 236 294 928 983 6,400 4,766 2,654 4,441 2,349 4,890 8,650 188 288 1,364 539 384 361 37 183 269 851 4,186 132 57 2,574 6,959 1,691 92 96 109 179 1,057 307 447 92 203 181 361 7 30 138 45 102 167 391 460 138 4,048 818 208 505 5,382 441 668 855 146 641 13 78 8 25 1,803 704 695 110 44 118 14 160 13 16 4,687 331 624 737 132 481 103 109 25 1,700 595 2,263 1,830 14 59 33 1,170 57 497 433 253 206 0 3 8 42 42 111 47 2,010 1,624 14 56 25 1,128 15 386 386 433 47 386 62 274 76 198 18,014 13,181 507 991 429 6,646 249 4,359 4,833 431 4,402 29 4 25 228 112 116 51 18 33 177 94 83 1,370 272 1,098 451 254 197 248 64 184 112 54 58 98 45 53 14 9 5 136 10 126 123 5 118 103 51 13 39 517 123 46 348 174 343 123 46 174 1,333 860 206 267 367 263 67 37 652 201 37 414 477 77 20 380 352 125 77 20 28 175 124 17 34 111 71 14 26 7,404 4,632 2,772 108 8 116 416 262 154 22 1 21 34 31 3 7 7 2,145 1,283 862 754 1,183 429 9 45 36 167 167 35 96 61 121 306 185 778 945 167 3 54 51 199 1,868 1,463 405 13,655 1,473 1,169 1,299 855 258 2,897 1,071 121 646 796 673 960 531 906 5,964 18,331 12,894 10,231 2,663 620 29 22 51 246 151 1,025 386 342 728 714 801 316 2 318 112 80 19 7 26 0 54 7 1 8 944 5,819 3,438 2,783 655 1,141 1,549 1,422 1,237 185 96 21 46 14 35 365 68 25 25 364 54 156 22 76 191 475 781 160 635 862 1,560 1,384 1,145 239 107 10 92 151 102 297 5,995 4,646 3,756 890 5,437 195 297 483 54 46 2,381 127 11 43 80 146 176 49 1,349 821 6 144 106 44 46 163 89 11 0 30 29 39 22 92 4,616 189 153 377 10 5,024 602 50 4,422 38 4,598 1,838 2,432 27 171 106 137 231 94 190 510 320 127 146 19 98 106 8 430 1,361 852 249 365 116 52 136 84 22 10 90 163 73 92 328 236 70 261 191 27 72 45 726 249 278 55 9 171 31 553 3,058 1,149 1,835 195 166 174 328 38 562 24,136 1,336 Total 12,994 4,735 5,775 2,482 17,143 8,712 8,237 20,760 7,055 188 Travel Total 82,267 Canada.... Payments Other transportation 74 553 5,105 2,047 3,058 87 59 146 3,050 2,300 140 388 (D) 923 69 (D) 750 0 750 3,249 2,617 29 108 145 1,377 128 830 632 986 787 15 49 112 207 71 333 199 789 598 1 25 59 195 64 254 191 632 199 191 352 181 14 24 53 8 7 75 1,505 1,505 1,505 20,678 12,023 11,261 1,274 252 365 6,237 164 4,758 1,479 145 2,218 38 43 50 117 137 27 1,257 Other 105 105 October 2002 91 SURVEY OF CURRENT BUSINESS Table 3.4. Travel, Passenger Fares, and Other Transportation, 2001 [Millions of dollars] Payments Receipts Travel All countries... Canada.. Europe Belgium-Luxembourg.. France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America.., Argentina Brazil Chile Mexico Venezuela Other Other Western HemisphereBermuda Other Passenger fares Other transportation Port services Freight Total Total Ocean Air Other 18,007 6,484 1,668 2,212 1,837 23,795 430 2,284 2,965 6,036 152 884 779 371 388 0 208 181 152 2,685 236 9,409 533 631 1,887 383 630 180 298 224 299 1,904 2,440 3,349 1,293 1,888 93 232 404 279 52 343 303 147 462 84 75 163 161 156 346 5 9 14 68 113 181 26 28 54 60 60 661 178 847 148 475 303 168 79 12 12 4 29 5,496 4,653 795 729 115 941 342 1,731 843 13 830 3,089 2,642 110 447 184 680 156 1,065 447 7 440 1,733 1,505 49 224 75 345 117 695 228 7 221 424 1,033 305 956 10 39 14 210 39 36 61 221 16 91 165 359 119 77 7 70 276 244 20,671 17,318 1,003 1,862 469 5,320 1,824 6,840 3,353 19 3,334 Total Ocean Air 28,306 11,930 4,143 5,364 2,423 16,376 8,474 7,699 73,119 1,181 1,081 354 911 540 982 9,191 3,876 Travel 146 1,611 63 10 171 32 32 375 45 127 Other Passenger fares Other transportation Freight Total Ocean 684 Other Ocean Air 837 219 511 6,830 1,463 95 81 108 165 1,050 281 444 81 202 159 360 8 20 135 42 101 132 395 386 116 3,932 32 4,953 417 683 805 183 444 22 91 10 18 1,635 32 645 587 120 13 104 67 48 22 47 10 4,366 297 670 701 116 396 144 139 1 22 53 7 12 2,125 1,721 55 104 10 1,358 60 134 404 212 147 1,913 1,574 55 98 2 1,329 15 75 339 404 65 339 2,461 2,842 3,218 48 81 129 28 288 260 1,425 615 810 69 151 220 78 284 206 166 166 2 117 115 51 170 119 43 196 239 911 1,057 146 369 1,965 1,596 22,065 12,195 13,278 283 593 300 956 3,410 1,143 1,701 2,136 2,368 748 708 2,861 834 805 664 27 382 226 272 119 1,196 83 187 230 818 251 702 5,990 3,801 2,416 4,118 2,485 4,725 8,325 176 273 1,331 525 361 360 28 177 233 781 4,080 301 1,055 1,356 1,137 229 908 61 ........ 61 223 211 109 76 33 335 109 226 39 24 15 370 51 319 219 72 147 16,900 2,888 12,548 2,111 51 381 820 337 408 97 6,707 806 311 84 3,921 736 4,352 777 532 0 777 3,820 3,004 2,414 57 148 116 1,548 119 426 590 879 693 2 44 106 190 59 292 186 723 542 1 22 53 177 59 230 181 590 186 181 147 Air Total 203 60,117 22,418 38,823 25,667 19,395 3,958 2,314 13,156 2,002 11,047 3,298 219 Port services Total 203 6,477 146 45 2,270 58 44 18 1,577 547 Africa South Africa.. Other 1,401 343 1,058 73 10 63 437 140 297 312 24 288 255 11 244 49 5 44 125 116 109 100 9 1,392 284 1,108 522 260 262 305 60 245 204 48 156 100 40 60 104 8 96 101 12 89 91 6 85 10 6 4 Middle East Israel Saudi Arabia.. Other 2,155 847 567 741 205 177 7 21 908 354 166 388 593 240 128 225 515 179 111 225 78 61 17 0 315 114 38 163 315 114 38 163 1,060 412 188 460 373 270 60 43 921 141 127 653 678 51 20 607 359 319 51 20 248 243 90 107 46 195 55 95 45 48 35 12 1 4,529 11,722 375 263 314 894 505 233 170 121 74 141 2,806 3,298 43 1,751 5 190 84 176 117 269 68 601 89 1,302 18 114 115 2,115 156 378 483 136 71 1,229 335 140 19 136 293 290 62 370 7,624 4,749 2,875 107 99 8 357 516 159 22 22 34 3 31 3 3 790 2,069 1,279 636 780 1,416 10 40 50 157 157 36 97 133 126 182 308 805 207 1,012 2 50 52 224 1,745 1,519 226 12,223 1,542 1,220 918 719 179 2,659 698 151 801 719 423 785 499 910 5,756 16,461 11,564 9,681 1,883 754 25 216 38 63 178 1,215 429 394 823 572 323 831 323 122 29 94 10 19 0 7 7 40 1,006 5,255 3,158 2,688 470 187 1,068 1,560 1,451 1,264 (D) 21 48 29 395 68 19 314 56 125 56 171 166 486 792 652 726 1,609 1,431 1,170 261 (D) 83 10 127 93 265 4,481 3,430 3,205 225 4,897 153 392 508 65 33 2,097 109 19 49 69 140 178 34 1,051 698 6 174 90 40 33 149 47 18 4,199 147 218 418 25 28 24 37 16 36 1,948 62 1 49 41 116 141 18 1,015 4,628 55 498 28 4,130 27 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of .. Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 18,613 1,424 1,005 646 1,041 221 8,899 1,928 188 513 740 314 919 260 515 International organizations and unallocated Addenda: European Union 1 .... Eastern Europe z 1. See table 2, footnote 2. 2. See table 2, footnote 3. 1,502 2,236 22 94 202 176 147 336 118 18 65 6 384 761 132 203 53 87 7 71 65 72 221 67 223 26 36 143 3 360 40 529 20,555 1,238 5,788 58 7,906 271 521 3,038 1,095 1,787 96 124 20 156 147 521 1,991 2,877 59 359 1,556 1,556 1,556 19,053 10,677 10,568 245 1,164 382 5,940 190 4,644 1,296 147 32 Other 107 107 U.S. International Services 92 October 2002 Table 4.1. Royalties and License Fees, 1998 [Millions of dollars] Receipts Affiliated Total Total By U.S. affiliates from their foreign parents 1,951 Books, records, and tapes 334 329 82 19 1,294 6 27 204 24 127 1 0 (D) 175 648 (D) 3,577 124 382 900 256 149 40 139 (D) 133 635 (D) 1,170 72 142 243 53 59 3 27 148 77 154 192 195 3 26 41 20 9 2 13 6 6 48 22 173 3 31 68 12 6 1 10 4 4 21 12 156 156 (D) (D) 4 77 2 32 567 509 (D) (D) 25 145 46 69 57 (D) (D) 110 (D) 17 16 4 4 (D) (D) (D) 1 34 32 6 14 1 7 1 3 2 0 2 185 98 87 102 (D) (D) 17 14 3 5 4 1 31 18 27 18 124 58 34 32 20 4 11 5 10,174 728 318 244 63 46 5,776 835 120 77 85 1,169 588 109 16 6,087 537 212 171 17 18 3,420 (D) 53 53 52 1,105 155 (D) 5 5,753 516 211 167 17 18 3,200 161 50 53 52 1,092 152 60 4 4,087 191 106 73 46 28 2,356 (D) 68 25 33 64 434 (D) 11 2,094 33 47 23 20 11 1,172 483 43 2 8 37 192 19 2 1,842 1,314 1,217 17,525 290 14,299 172 13,192 163 24,362 Canada 1,657 1,328 1,287 Europe 18,935 682 2,194 3,218 1,059 1,701 124 556 489 890 3,595 4,427 15,358 558 1,812 2,318 803 1,552 85 416 (D) 757 2,960 (D) 14,064 553 1,785 2,114 779 1,425 83 416 245 581 2,311 3,772 2,552 2,088 252 587 57 770 147 276 463 (D) (D) 1,985 1,579 (D) (D) 32 625 101 207 406 105 300 1,828 1,423 176 398 27 548 99 175 405 105 300 Africa South Africa Other 311 186 125 210 (D) (D) Middle East Israel Saudi Arabia Other 155 76 40 39 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Industrial processes 3,499 26,313 Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Total Broadcasting and recording of live events 9,314 35,626 All countries Unaffiliated By U.S. parents from their foreign affiliates nn 7 17 5 40 12 242 n 1 n Franchise fees General use computer software Trademarks Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.... Addenda: European Union 1 Eastern Europe 2 See footnotes at end of table. 334 20 1 4 0 n 220 (D) 3 n 0 13 2 (D) n 97 1,108 9 n 1 1 0 0 32 5 1 1 1 1 12 1 1 6 1 n n 3,195 47 125 (D) 230 3 15 80 20 6 5 5 6 2 48 40 298 9 16 23 35 4 2 46 5 7 44 106 1,508 33 153 444 116 64 26 38 (D) 39 319 (D) 3 53 36 3 4 3 9 2 15 16 16 176 171 27 50 11 42 13 27 4 1 3 (D) (D) (D) (D) 5 39 17 (D) (D) (D) (D) 12 5 7 24 (D) (D) 43 39 4 38 9 12 18 13 8 2 3 46 32 123 12 5 11 4 3 31 9 10 3 7 4 13 466 23 5 15 2 6 374 8 2 4 11 2 10 2 3 1,302 109 46 19 17 6 724 (D) 12 10 4 20 215 (D) 2 18 (D) 257 1,348 75 D 3 n 528 3,225 118 1 1 (D) 1,071 14 178 7 164 4 493 1,042 506 0 n Other intangibles 204 11 n n 1 n n 0 n 0 0 1 n (D) n 0 n 0 n 0 0 0 0 (D) (D) 0 n n 0 0 n1 0 0 0 7 0 0 0 0 0 0 0 0 465 October 2002 93 SURVEY OF CURRENT BUSINESS Table 4 . 1 . Royalties and License Fees, 1998—Continued [Millions of dollars] Payments Affiliated By U.S. parents to their foreign affiliates Total Total All countries Canada .... Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Africa South Africa Other Industrial processes Total Books, records, and tapes 11,235 8,547 1,782 6,765 2,688 1,319 163 420 297 25 272 123 82 17 705 29 (D) 124 18 33 6 3 55 78 146 (D) 124 1 6 3 1 3 45 (D) 6 5 1 (D) 0 2 n 5,402 958 4,444 1,435 160 804 1,282 80 767 13 15 134 806 2,167 611 127 351 1,074 57 (D) 6 9 (0) (D) 1,792 493 25 18 24 17 (D) 1 7 (D) 234 (D) 102 332 1,049 40 357 4 2 (D) 628 1,558 (D) 33 453 208 23 (D) 7 6 (D) (D) 374 117 774 119 10 22 (D) 84 9 (D) 20 2 69 64 7 0 (D) 36 2 22 n n 47 2 7 5 (0) (D) 10 1 1 (D) (D) (D) n n Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Unaffiliated By U.S. affiliates to their foreign parents n 66 8 12 655 622 32 3 2 2 n n 1 n n 57 7 11 (0) (0) (D) 10 4 5 (D) (D) 21 3 1 2 3 1 2 0 0 0 n n n n n 1 n n n (D) (D) (D) n 2 2 2 102 3 0 3 1 n1 0 1 n Broadcasting and recording of live events 436 Franchise fees General use computer software Trademarks 187 498 Other intangibles 80 (*) 449 2 (D) 76 3 (D) (D) n (D) n 0 n n n 1 (D) (D) 38 (D) (D) 36 n 4 4 n n n1 0 1 r) 0 D (*) () (D) 0 (D) C) n n (*) 0 0 0 0 0 0 0 0 0 0 1 0 0 n n D o (D) (D) 0 n o 0 Middle East Israel Saudi Arabia Other 0 n 0 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated Addenda: European Union1 Eastern Europe2. * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. 2,459 60 87 12 6 1 2,247 34 n 2 1 4 5 n n (D) 21 (D) (D) 0 1 1,838 (D) 0 0 0 3 3 n n 733 243 5,942 10 4,687 7 (D) 1 n (D) 0 1 84 13 0 0 0 2 1 (*) 0 0 1,787 20 (D) 0 0 0 1,754 (D) 0 0 0 1 2 0 0 7 n 0 (D) 39 (D) (D) 6 n 409 (D) n 2 1 1 1 50 193 n n 876 7 3,811 490 1,254 3 n 0 0 0 0 (D) (D) 0 0 0 0 7 (D) n n n n n n n n 0 555 n 121 1 1 2 2 0 n n n 0 0 0 15 1 33 (D) (D) 0 26 (D) 0 0 (D) 0 0 0 n n n n 6 0 0 0 0 0 0 0 0 n 7 n n n n n n n n (D) (D) n 0 374 (D) 1 42 n (*) 0 1 (*) n 1 0 0 446 1 0 0 0 0 0 0 0 October 2002 U.S. International Services 94 Table 4.2. Royalties and License Fees, 1999 [Millions of dollars] Receipts Affiliated Total Total All countries Canada Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other By U.S. affiliates from their foreign parents Other intangibles 10,395 3,900 385 273 458 1,684 1,292 1,252 40 391 - 118 28 17 48 19,104 751 2,128 3,003 973 1,760 114 578 382 886 3,473 5,055 15,072 (D) 1,631 2,088 669 1,615 76 411 208 744 2,609 (D) 14,026 (D) 1,607 1,874 655 1,506 73 410 202 634 2,120 (D) 1,047 5 24 213 14 109 3 1 6 110 490 72 4,031 (D) 498 915 304 145 38 167 174 142 863 (D) 1,418 102 226 297 117 45 2 18 100 94 216 202 220 3 28 47 21 10 3 18 5 6 56 24 163 3 39 21 13 7 3 15 6 3 39 13 150 2 (D) 23 12 4 5 10 5 1 41 (D) 331 3 24 23 28 9 2 55 5 6 61 116 1,731 (D) 163 503 112 69 22 52 53 33 446 (D) 2,967 2,095 242 561 54 848 148 242 872 122 750 (D) (D) 192 (D) 30 715 110 (D) (D) 97 (D) 2,275 1,480 186 337 28 663 107 160 795 97 697 (D) (D) 6 (D) 2 52 3 (D) (D) 0 (D) (D) (D) 50 (D) 24 133 38 (D) (D) 25 (D) 33 31 4 12 1 8 3 2 2 18 17 3 5 56 37 3 2 3 11 3 16 19 134 126 20 45 10 20 10 21 7 1 6 (D) (D) 13 (D) 6 50 15 (D) (D) (D) (D) (D) 1 1 0 1 0 2 0 4 (D) (D) 0 0 0 0 0 0 0 (D) (D) 0 (D) (D) 3 (D) (D) 46 31 (D) (D) (D) 43 (D) 0 0 0 38 8 11 19 15 9 3 3 48 35 0 0 0 0 138 11 5 13 4 5 33 14 10 3 7 5 15 8 4 534 18 10 11 1 1 448 8 2 3 11 3 9 5 4 (D) 105 49 22 (D) 2 (D) 185 14 10 4 36 229 4 (D) (D) 0 0 0 0 0 (D) 0 0 0 0 0 0 0 0 17 30 28 520 127 (D) 300 1,587 (D) 15 0 Middle East Israel Saudi Arabia Other 203 100 52 51 41 25 6 10 37 25 6 6 10,598 730 319 204 69 53 5,983 1,105 94 71 97 1,140 613 99 21 6,062 547 219 141 24 23 3,411 (D) 54 46 66 1,053 168 60 (D) 5,750 531 218 137 23 23 3,210 168 54 46 65 1,050 163 55 7 1,957 1,327 1,242 17,679 291 14,011 167 13,089 158 General use computer software Trademarks 1,700 225 152 74 See footnotes at end of table. Franchise fees 24,807 (D) (D) 77 International organizations and unallocated Books, records, and tapes 26,507 389 266 123 Addenda: European Union 1 Eastern Europe2 Industrial processes Total Broadcasting and recording of live events 36,902 Africa South Africa Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other Unaffiliated By U.S. parents from their foreign affiliates 312 17 1 5 1 0 201 (D) n n 1 3 5 5 (D) 85 922 n 2 5 5 1 163 75 46 41 16 20 14 4,536 183 100 62 46 30 2,572 (D) 40 25 31 87 445 40 (D) 2,188 30 32 12 17 21 1,161 650 12 3 7 37 187 16 3 630 11 20 3,668 124 1,283 34 204 6 9 5 3 1 n 7 1 1 1 1 1 3 3 0 2 .1 1 n 70 12 2 4 1 7 2 1 (D) n n 38 4 1 1 2 1 3 29 (D) n n 5 1 4 1 5 n 153 3 n 19 10 4 1,123 3,702 552 133 16 n October 2002 95 SURVEY OF CURRENT BUSINESS Table 4.2. Royalties and License Fees, 1999—Continued [Millions of dollars] Payments Affiliated By U.S. parents to their foreign affiliates Total Total All countries Canada.. Europe Belgium-Luxembourg.. France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere.. South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Africa South Africa.... Other Middle East Israel Saudi Arabia .. Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of.. Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.. Addenda: European Union 1 Eastern Europe 2 . * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. 12,609 9,876 537 7,034 225 875 1,259 84 823 26 24 165 1,100 1,704 750 971 108 11 3 4 72 7 10 863 819 44 5,485 (D) 413 1,046 65 769 15 (D) 100 953 1,304 615 921 (D) 9 1 4 57 5 (D) (D) (D) (D) 5 5 1 (D) (D) 1 21 1 20 n1 3,402 80 18 21 1 2 3,124 92 (*) 3 8 10 40 4 1 639 5,820 19 n n n 2,680 24 (D) 14 n 2 2,516 (D) 0 n (D) 8 31 3 0 433 4,501 16 Unaffiliated By U.S. affiliates to their foreign parents Industrial processes Total Books, records, and tapes Broadcasting and recording of live events Franchise General use computer software Trademarks Other intangibles 1,812 8,064 2,733 1,568 187 101 229 517 124 (D) 260 (D) 136 25 (D) 6 10 (*) 656 20 15 22 20 412 1 16 6 18 101 26 4,829 766 31 136 1 5 4 2 3 2 4 4 6 102 3 67 6 0 0 0 0 0 0 107 1 5 19 6 9 466 n 1 1 1 53 11 (D) 15 1 1 (D) (D) 8 0 4 52 4 n 4 1 7 (D) (D) 22 2 2 n n 0 n n 145 4 4 13 n 2 86 16 0 0 (D) 7 (D) 3 0 80 633 3 (0) 397 1,024 45 358 13 (D) 94 935 1,202 589 (D) 1,549 (D) 462 213 19 54 11 (D) 65 147 400 135 (D) 148 6 37 9 (D) 57 112 147 (D) 50 29 (D) 3 2 (D) n 15 2 (D) (D) 2 (D) (D) (D) (D) (D) (D) n n n 0 o 2,535 20 (D) 1 21 19 n1 n n 0 2 1 0 (D) n 722 56 (D) 7 (D) n 3 (D) 1 9 1 (D) 0 0 353 206 3,868 12 1,318 5 n1 n 1 0 (D) 1 n (D) n n 0 14 14 n 0 (D) o (D) (D) 0 o n n (D) 40 (D) (D) 2,430 n (D) C) 0 0 n n n 0 n n 5 4 1 0 7 (D) 1 0 609 n n n (*) (D) 1 0 0 0 0 0 0 0 n 0 0 n 0 0 0 n n n 7 n n n n (D) (D) 0 614 20 13 2 1 0 550 22 0 578 0 n 0 0 0 0 126 2 0 0 0 6 0 0 0 0 0 0 0 0 0 0 0 (D) (D) 41 4 4 1 0 0 n 3 (D) 58 (D) 0 0 0 0 0 0 1 (D) 2 1 0 (D) 1 1 0 0 0 1 4 0 n 0 0 0 4 0 0 n n n 0 6 2 n n n n n 1 n o 0 0 0 0 0 n n n n n n n n 0 0 0 n 41 0 0 0 0 0 0 0 0 0 0 0 0 0 (D) (D) 0 0 0 0 5 1 5 0 0 1 n 0 1 n n n 0 39 (*) n n n n n n n (D) (D) (D) 1 3 0 0 1 (*) n 0 18 (D) n 2 (D) C) 1 (*) 0 n n 0 0 0 0 0 0 1 1 n 0 104 2 454 1 119 U.S. International Services 96 October 2002 Table 4.3. Royalties and License Fees, 2000 [Millions of dollars] Receipts Affiliated Total Total Unaffiliated By U.S. parents from their foreign affiliates By U.S. affiliates from their foreign parents Industrial processes Total Broadcasting and recording of live events Books, records, and tapes 39,607 26,816 24,585 2,231 12,791 4,705 374 316 Canada 2,259 1,569 1,520 49 690 159 37 32 Europe 19,025 14,419 550 1,475 1,953 608 1,150 (D) 328 (D) 1,183 2,448 4,363 12,999 545 1,434 1,753 598 1,043 63 328 180 749 2,064 4,244 1,420 4 41 200 10 107 (D) 1 (D) 435 384 119 4,605 188 516 1,092 331 197 (D) 196 (D) 214 937 693 1,446 126 153 373 106 54 2 14 85 122 156 254 200 3 27 42 17 10 1 14 4 7 47 27 154 3 22 19 (D) 5 2 18 (D) 3 48 18 52 996 181 232 879 66 813 2,688 (D) 204 (D) 27 821 (D) 158 (D) (D) 760 2,500 1,738 201 436 27 810 107 157 762 (D) (D) 188 (D) 3 (D) 0 11 (D) 591 (D) 60 (D) 25 175 (D) 75 (D) (D) 53 85 (D) 8 (D) 4 22 (D) 5 (D) (D) (D) 30 28 5 10 1 8 1 3 2 n 32 32 3 7 1 17 2 1 1 0 1 Africa South Africa Other 393 235 157 (D) (D) 80 190 119 71 (D) (D) (D) (D) (D) 78 14 9 5 2 5 3 1 Middle East Israel Saudi Arabia Other 274 132 74 69 (D) (D) 52 37 (D) (D) (D) (D) 65 60 81 29 38 14 10 4 5 2 12,294 730 423 279 82 55 7,120 1,445 136 70 88 1,069 658 123 17 6,501 540 267 185 24 22 3,746 (D) 95 50 49 983 (D) 73 6,095 516 267 183 21 22 3,416 220 95 50 49 981 194 73 5,793 190 156 94 58 33 3,374 (D) 40 21 39 85 (D) 50 10 2,910 29 44 12 23 15 1,636 896 10 3 7 20 196 16 3 77 12 3 4 1 1 35 6 1 1 1 1 5 6 2,083 1,340 1,228 17,080 259 12,905 171 11,942 163 All countries Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Asia and Pacific Australia China Hong Kong India Indonesia japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.... Addenda: European Union 1 Eastern Europe 2 See footnotes at end of table. 738 1,990 3,045 939 1,347 142 524 462 1,398 3,385 5,056 3,279 2,400 264 675 n (D) n n 2 406 24 n 2 3 0 331 (D) 1 0 0 2 (D) 0 0 112 964 743 4,175 2 2 n 4 4 no 181 7 142 5 General use computer software Trademarks 1,346 4,779 79 310 198 4 12 30 15 5 6 14 5 3 59 45 386 5 32 23 49 13 5 56 13 8 70 113 2,191 47 263 606 (D) 110 39 79 56 72 552 (D) 73 54 4 2 4 24 4 17 19 n 165 160 21 49 11 32 14 33 5 0 5 206 202 19 74 5 72 17 16 3 (D) (D) 19 13 5 8 48 (D) (D) (D) 44 (D) 48 11 13 24 27 19 4 4 (D) (D) 6 17 (D) 14 4 15 3 6 (D) 21 12 3 7 6 17 601 23 17 18 5 3 469 26 3 3 14 4 11 5 1 1,930 104 83 44 22 9 1,125 (D) 14 5 9 50 (D) 9 1 10 39 26 167 347 2,006 54 573 Other intangibles 31 n 6 n 0 n(D) 1 (D) n 4 (D) (*) n 0 0 0 nn 0 n n n0 0 n 15 1,314 5 Franchise fees n 0 n 0 (D) 1 0 n 0 0 to 0 nnn (*) n o 0 19 0 639 October 2002 97 SURVEY OF CURRENT BUSINESS Table 4.3. Royalties and License Fees, 2000—Continued [Millions of dollars] Payments Affiliated By U.S. parents to their foreign affiliates Total Total All countries.. Unaffiliated By U.S. affiliates to their foreign parents Industrial processes Total Books, records, and tapes Broadcasting and recording of live events Franchise fees Trademarks General use computer software Other intangibles 16,115 12,180 1,946 10,234 3,935 1,695 265 664 433 540 336 Canada... 1,004 730 272 458 274 117 26 (D) 12 17 (D) Europe Belgium-Luxembourg.. France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other 8,396 6,566 179 527 1,337 35 (D) (D) 16 273 1,281 (D) (D) 634 13 21 21 6 (D) 1 13 5 11 (D) 40 5,932 166 505 1,316 29 605 (D) 3 269 1,270 978 (D) 1,831 50 514 311 43 (D) (D) 6 89 165 (D) (D) 908 195 1 8 11 7 4 95 (D) 482 (D) (D) (D) 1 1 n (D) (D) 59 (D) 3 (D) 1 3 (D) (D) 11 Latin America and Other Western Hemisphere.. South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda 1,136 217 26 13 (D) 95 (D) 6 3 (D) 3 8 (D) 104 68 (0) (D) 120 11 122 (D) (D) (0) Other 230 1,041 1,648 77 1,071 32 22 362 1,446 1,472 995 (D) 75 11 (D) 919 839 80 (D) (D) 65 27 5 6 1 7 2 7 (D) (D) 31 Africa South AfricaOther 5 1 4 4 1 3 3 1 2 Middle East Israel Saudi Arabia.. Other 33 28 1 4 2 1 1 0 1 0 1 0 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of .... Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated... Addenda: European Union 1 Eastern Europe 2 . * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. 4,221 87 9 21 1 3 3,968 44 (D) n n 4 19 35 (D) 1 4 9 (0) 6 1 1,320 533 6,776 70 n (D) (D) 14 6 (D) n (D) 33 1 n n 36 n1 (D) 1 0 n 1 31 26 1 27 23 0 0 n n 4 3 515 25 6 2 3,291 (D) 42 38 n n n 8 0 3,260 22 (D) 2 60 (D) (D) 613 9 n 3 6 3 134 18 2 n 6 1 9 5,191 66 69 135 162 119 n 0 4 1 1 (D) 0 (D) 2 (D) 1 (D) 4 4 3 1 1 85 n 6 (D) (D) 8 (D) (D) (D) 16 (D) 48 1 17 n 29 133 211 12 33 5 n 3,200 (D) n n n 5 (D) 5 n 448 4,579 57 1 1 708 21 (D) n n 10 (D) (D) n 787 1,584 3 4 n n n 4 n 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 n 0 (D) 0 0 (D) 191 1 0 0 0 n 0 n n 1 0 0 0 8 0 0 n n n o 2 n1 n (*) n 695 1 2 0 0 0 0 0 0 0 (D) 2 1 n n 4 7 24 (D) (D) 34 (D) 4 460 19 0 0 n1 1 n 0 2 (D) 3 0 n n n 30 n () n n 2 0 0 n 0 n n 0 n 0 0 (D) 0 0 7 0 3 (D) (D) (D) n 0 0 (D) 0 n (D) (D) 0 0 0 0 0 1 1 0 0 1 1 n 0 (D) (D) (D) 1 n n n n n 0 0 0 0 (D) 0 0 1 2 0 0 0 222 n 0 n n 0 (D) o 148 0 479 (D) n (D) 0 U.S. International Services 98 October 2002 Table 4.4. Royalties and License Fees, 2001 [Millions of dollars] Receipts Affiliated Total Total Unaffiliated By U.S. parents from their foreign affiliates By U.S. affiliates from their foreign parents 38,668 25,873 23,502 2,371 Canada 2,255 1,561 1,503 58 Europe 18,448 714 1,922 2,827 1,001 1,284 143 495 425 1,561 3,309 4,768 13,877 545 1,298 1,748 659 1,093 88 330 (D) 1,323 2,425 (D) 12,301 542 1,244 1,576 644 928 57 330 173 740 2,086 3,981 1,577 3 54 172 16 164 31 3,368 2,496 223 750 59 1,054 170 240 872 62 810 2,749 (D) 171 (D) 266 (D) 0 (D) 0 21 (D) 165 (D) (D) 754 2,483 1,738 171 423 34 859 88 164 744 (D) (D) Africa South Africa Other 327 189 138 (D) 121 (D) Middle East Israel Saudi Arabia Other 269 132 72 65 All countries Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.... Addenda: European Union 1 Eastern Europe 2 See footnotes at end of table. Industrial processes Total 12,795 Broadcasting and recording of live events Books, records, and tapes 713 82 314 2 194 6 12 28 15 5 8 17 5 3 53 43 301 12 35 37 (D) 16 4 16 (D) 5 53 74 2,169 45 317 571 148 103 38 77 57 90 490 234 25 0 6 37 36 3 22 1 7 1 1 1 0 1 71 52 3 2 4 20 5 19 19 (*) 18 156 150 17 40 10 36 14 33 6 0 6 221 217 21 89 7 69 16 15 4 1 3 2 2 12 5 7 9 4 4 (D) 46 (D) 47 9 11 26 29 21 4 5 (D) 30 (D) (D) 151 13 (D) 17 3 7 (D) 21 12 3 7 4 14 5 4 363 25 18 21 5 3 221 (D) 2,113 100 95 36 25 9 1,315 246 26 12 37 162 7 274 333 151 37 41 4,570 169 624 1,079 341 191 55 164 (D) 238 884 (D) 1,493 100 203 368 106 49 3 19 52 129 178 286 233 3 28 45 19 11 2 16 5 8 68 28 155 3 23 30 11 7 1 19 4 2 39 16 619 (D) 52 (D) 26 173 (D) 0 (D) 75 (D) (D) 56 99 (D) 3 (D) 3 30 (D) 4 (D) (D) 26 35 33 4 11 1 11 2 3 2 212 116 96 (D) 5 (D) (D) 69 (D) 17 8 9 4 3 1 (0) 38 19 (D) 63 38 18 7 (D) (D) 95 53 (D) 52 28 19 10 4 5 1 11,954 719 505 299 86 52 6,972 1,295 173 99 64 923 647 105 16 6,098 (D) 329 205 26 24 3,421 (D) 119 52 36 839 195 70 9 5,767 503 328 204 22 24 3,173 205 119 52 36 838 184 70 9 331 (D) 1 1 4 0 248 (D) 0 3,029 (D) 45 14 20 9 1,879 742 11 (D) 4 16 229 8 1 n n 2,047 1,292 1,174 1 11 0 0 118 5,856 (D) 176 94 60 28 3,550 (D) 54 48 28 84 451 35 755 10 23 16,333 316 12,204 222 11,252 212 952 10 4,129 94 1,350 9 212 (D) n n n n (D) D n (D) V) 2 71 11 4 4 1 1 35 6 2 1 1 1 6 Other intangibles 4,953 413 n 3 2 n (*) 92 16 4 2 6 n 33 5 n 5 1 6 5 144 5 554 General use computer software Trademarks 977 4,852 (D) 583 339 (D) Franchise fees (D) 13 6 2 n (D) 0 0 n 0 n 4 (D) n no 0 0 n 0 0 n n 0 (D) n (D) (D) 0 (D) 1 37 1 (D) n 0 n 51 185 (D) 0 n n 0 •n n 1,966 57 0 0 23 640 0 October 2002 99 SURVEY OF CURRENT BUSINESS Table 4.4. Royalties and License Fees, 2001—Continued [Millions of dollars] Payments Affiliated By U.S. parents to their foreign affiliates Total Total Unaffiliated By U.S. affiliates to their foreign parents Industrial processes Total Books, records, and tapes Broadcasting and recording of live events Franchise fees Trademarks General use computer software Other intangibles 16,359 13,008 2,026 10,982 3,351 1,815 287 165 293 443 346 Canada 1,195 (D) (0) 654 (0) 118 30 13 14 12 (D) Europe 8,464 193 1,096 1,521 68 1,166 64 17 440 1.666 1,508 726 6,449 152 557 1,220 39 (D) (D) 12 (D) 1,463 1,069 (D) 720 10 21 28 7 (D) 5,729 142 536 1,191 32 700 (D) 3 (D) 1,453 927 369 2,015 41 539 302 29 (D) (D) 5 (D) 202 439 (D) 1,115 30 (D) 263 11 30 (D) 225 1 8 7 5 3 148 7 (D) 1 8 84 412 3 (D) 11 30 0 0 0 0 (D) 0 0 (D) 4 3 (D) 1,023 218 19 2 71 84 32 10 805 754 51 (D) (D) (D) 1 6 72 (D) 2 779 (D) (D) (0) 35 3 1 118 (D) (D) (D) (D) (D) 82 82 14 15 2 (D) (D) 22 (D) 2 (D) Africa South Africa Other 5 2 3 5 1 3 4 1 2 1 0 1 n 0 0 0 Middle East Israel Saudi Arabia Other 33 29 1 1 C) 22 19 n no 32 28 n 1 1 0 0 n n 4 4,819 84 9 33 2 4 4,510 38 (D) 1 4 52 16 (D) 0 4,088 18 6 (D) 2 4 3,966 20 1 732 65 3 (D) 3 472 37 2 1 All countries Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.... Addenda: European Union1... Eastern Europe2.... * Less than $500,000. 0 Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. n 820 6,548 76 10 4 11 142 (D) n 0 6 58 (D) n 4,000 10 0 (D) 0 0 3,934 11 n n n 4 (D) 14 (D) 0 570 4,861 67 n 703 5 65 12 (D) 8 26 (D) (D) 90 159 160 198 n n 65 6 4 7 n n n n n 544 19 (D) 1 412 18 (*) n n n n 2 n n 0 (D) 6 (D) 0 (D) 2 (D) 480 250 4,158 62 n 1,685 9 0 829 n 6 3 175 15 9 (D) 1 n 0 4 (D) n (D) 0 (D) (*) n n n 0 1 n 28 47 (D) 2 2 n n o 2 n 0 0 0 0 0 0 0 n n 8 (D) 0 (D) 0 0 (D) (*) 0 (*) n 0 n n 0 221 14 n 0 0 2 1 0 n 0 0 1 0 0 0 0 0 (*) 0 0 n 119 0 n 6 20 4 7 0 1 10 7 21 9 2 n n n 0 n n n n n n (D) (D) 1 33 (D) 1 1 n n n (D) (D) (D) 0 0 1 0 n (D) (D) 0 2 1 n 0 0 0 0 0 0 6 6 1 0 0 1 n 0 (D) (D) n (D) n1 (D) 0 0 102 n (D) n n (D) () n (*) (D) (*) (D) 0 n (D) 0 (D) (D) 0 0 (D) 0 (D) 0 0 (D) 0 0 0 (D) 410 (*) 26 0 U.S. International Services 100 October 2002 Table 5.1. Other Private Services, 1998 [Millions of dollars] Receipts Affiliated Unaffiliated Addendum By U.S. parents from their foreign affiliates By U.S. affiliates from their foreign parents 28,176 18,135 10,041 Total Total All countries 91,318 Insurance Total 1,802 463 406 411 2,220 455 8,100 288 684 977 463 489 103 187 230 471 2,435 1,773 2,927 67 281 674 274 100 27 408 68 34 600 395 4,357 69 580 726 333 (D) 22 482 78 31 908 (D) 777 47 134 22 183 91 300 207 10 196 3,222 1,138 220 265 67 261 93 232 2,084 526 1,558 892 13 89 7 8 47 1 -139 879 48 831 2,452 764 219 24 96 132 28 264 1,688 602 1,086 1,561 751 130 17 88 85 27 403 810 554 256 1,148 1,017 57 183 46 464 48 221 130 12 118 3,729 3,284 415 581 172 854 418 845 445 71 374 4,072 4,011 82 218 43 3,276 67 326 61 6 55 601 587 50 253 25 122 63 75 14 3 10 1,871 345 1,528 431 37 394 183 40 143 1 3 -1 18 10 17 7 10 69 114 1,006 130 876 67 66 2 63 58 5 2,961 423 (D) (D) 369 50 85 235 344 66 73 205 15 7 4 5 73 52 7 13 58 45 4 9 516 85 54 376 1,628 181 884 563 34 (D) (D) 64 23 8 33 16,690 1,130 1,624 965 821 984 4,512 (D) (D) 382 415 638 1,073 594 1,662 5,234 49 718 148 517 203 868 655 223 18 43 59 472 231 1,033 2,109 202 50 200 33 35 625 176 29 130 50 192 109 34 244 398 54 18 17 -1 -3 258 12 (*) 8 2 12 18 5 -3 865 142 12 37 9 9 453 32 8 14 13 26 90 15 4 467 88 -6 19 10 12 195 20 8 6 11 15 72 10 6 1,387 100 107 250 57 33 357 141 20 30 36 58 129 28 41 6,269 478 635 312 200 698 1,941 414 121 140 241 290 293 272 235 1,292 248 96 38 16 18 464 (D) (D) 57 43 27 52 24 112 1,499 365 11 42 3 9 763 76 31 53 34 26 67 16 3 15 118 209 C) 142 3,401 4,004 127 644 3 2,618 60 1,681 184 6,429 823 2,633 164 926 2,455 11,249 4,829 15,778 11,383 993 1,663 391 5,534 807 1,997 4,395 879 3,515 1,731 1,142 83 276 33 449 89 211 589 205 383 1,212 931 72 246 27 379 85 122 281 49 232 518 211 11 30 6 70 5 89 308 156 151 14,047 10,240 910 1,387 358 5,085 718 1,786 3,806 674 3,132 Africa South Africa Other 2,095 418 1,679 224 73 151 196 72 124 28 1 28 Middle East Israel Saudi Arabia Other 3,244 454 1,251 1,538 283 31 (D) (D) 107 15 4 176 23,954 1,675 1,852 1,630 844 1,072 8,189 1,655 613 402 492 1,831 1,309 698 1,692 7,264 544 228 665 23 88 3,677 (D) (D) 20 77 1,193 236 104 30 4,380 495 152 584 23 86 1,194 130 170 20 74 1,161 167 95 29 2,884 50 76 80 3,745 70 70 29,328 1,729 13,172 81 8,379 74 International organizations and unallocated.... Addenda: European Union 1 . Eastern Europe 2 .. See footnotes at end of table. D 2 2,482 (D) (D) n 3 32 70 9 1 11,327 2,224 445 768 129 1,573 18 117 182 61 38 45 83 85 36 152 756 4,686 163 393 309 200 257 60 130 9,036 3,676 4,793 7 7,076 306 19,985 702 1,616 2,359 1,088 954 333 846 537 1,002 6,843 3,706 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 12,312 2,027 138 104 97 51 68 76 32 62 48 1,041 310 3,912 5,707 56 619 1,318 121 425 183 181 334 722 1,393 355 16 (D) (D) 22,676 Film and television tape rentals 739 726 9,338 369 912 1,345 360 1,336 97 352 55 731 3,012 768 Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 5,567 Other services 2,122 73 256 327 51 28 26 36 22 50 1,067 185 2,832 Brazil Telecommunications 2,793 100 293 447 90 31 48 42 25 53 1,461 202 3,558 15,045 425 1,531 2,663 481 1,761 280 532 389 1,453 4,406 1,123 Latin America and Other Western Hemisphere South and Central America Argentina Losses 672 28 37 120 39 3 22 6 3 2 395 17 7,468 35,030 1,127 3,147 5,022 1,569 2,715 613 1,378 Switzerland United Kingdom Other Premiums Net 5,054 Europe Sweden Financial services 7,278 63,142 Canada Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Education Business, professional, and technical services 16,155 1,648 764 349 1,974 57 4,157 103 October 2002 101 SURVEY OF CURRENT BUSINESS Table 5.1. Other Private Services, 1998—Continued [Millions of dollars] Payments Affiliated Unaffiliated Addendum Total Total All countries ; International organizations and unallocated Addenda: European Union 1 Eastern Europe 2 Losses Telecommunications 7,682 7,392 Other services 460 Film and television tape rentals 141 2,273 2,862 14 228 636 1,150 514 310 1,477 198 51 4,841 10,198 (D) 906 1,515 361 302 86 342 100 598 4,585 (D) 919 10 119 51 124 13 2 134 5 9 330 122 2,195 63 145 147 38 70 11 41 39 130 1,354 157 2,619 34 220 848 -14 7 13 6 -22 237 1,266 25 7,965 128 537 1,617 100 39 16 10 61 1,213 3,763 5,346 95 317 769 114 32 3 4 83 976 2,497 455 1,161 29 100 115 87 42 14 54 20 57 238 405 3,146 78 301 333 116 154 46 99 57 157 1,362 444 158 (D) 21 22 10 16 0 64 2 6 1 2 5 0 1 35 (D) 484 49 151 11 228 15 30 508 249 258 569 348 48 136 2 124 12 25 221 97 124 422 136 9,732 3,393 190 383 101 1,359 125 1,234 6,339 3,623 2,716 432 372 13 13 24 179 6 137 60 1 59 539 241 25 58 5 31 15 107 298 101 197 5,449 0 -3 10,674 31 (D) 1 5,225 31 (D) n 2 2,783 2,304 99 201 55 1,017 80 852 479 17 462 513 463 54 110 16 123 23 136 50 25 25 16 14 2 1 0 7 1 3 3 0 3 (D) 24 (D) 7 5 2 1 184 511 92 85 7 85 3 603 98 504 40 7 34 41 9 32 3 -1 3 357 60 297 161 23 138 1 1 0 n n 1,211 480 281 448 273 246 5 22 260 237 5 18 14 9 0 938 234 276 426 27 26 0 1 36 10 10 16 5 -1 0 6 3 1 1 1 492 111 100 280 372 88 161 122 5 0 5 0 0 9,232 1,250 437 977 534 119 3,391 399 96 182 319 556 373 153 442 3,835 372 59 559 (D) 14 2,110 (D) (D) 42 17 377 79 25 (D) 2,366 341 50 491 18 11 974 27 27 40 17 292 50 22 6 1,468 31 9 68 (D) 3 1,136 (D) (D) 2 5,397 878 378 418 (D) 105 1,282 (D) (0) 139 302 179 294 128 (D) 155 51 12 1 4 1 28 2 0 7 1 1 1 1 551 73 1 69 13 13 183 20 17 48 29 50 17 16 2 527 426 -3 27 2 60 -182 -1 (D) 2 2,387 121 295 192 335 69 252 192 31 55 187 68 184 75 330 1,724 199 72 129 132 22 729 100 14 20 78 52 94 39 44 53 7 1 0 (D) 0 29 (D) (D) 0 0 0 0 0 (D) 12 3 1 239 18 18 191 n 28 19,248 545 10,437 (D) 6,188 6 811 210 2,671 230 133 (D) * Less than $500,000. D Suppressed to avoid disclosure of data oi individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. Premiums Net 715 Middle East Israel Saudi Arabia Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 1,587 Financial services 6,398 (D) 613 665 89 173 5 71 31 181 3,839 (D) Africa South Africa Other : 29,951 Education 2,988 10,725 3,878 239 534 112 1,587 140 1,264 6,847 3,872 2,974 Brazil Total Business, professional, and technical services 11,240 (D) 1,348 1,596 236 801 76 97 185 682 5,095 (D) 5,852 21,438 573 2,254 3,111 597 1,103 162 439 285 1,280 9,680 1,954 Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Insurance 9,022 Europe Latin America and Other Western Hemisphere South and Central America Argentina By U.S. affiliates to their foreign parents 10,415 49,388 Canada Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other By U.S. parents to their foreign affiliates 19,437 735 931 147 628 71 26 154 501 1,256 308 n 15 9 104 3 5 286 152 134 4 0 4 n 86 30 3 (D) 4,249 (D) 3,590 9,240 n1 3 0 -1 5,449 3,479 1,970 n 61 -4 -1 221 8,812 (D) 836 41 1,992 31 2,369 n 20,398 5 n (D) 10,643 7,189 3,454 5 1 4 8 n n 7 587 244 -4 (D) 4 1 291 10 n 11,158 n -1 n (D) 5,194 3,710 1,484 2 1 1 n 230 14 1 9 5 14 2 2 (D) 10 -2 6 3 5 (D) 6,734 1 4,365 1 n n n 1 1 n 2 0 2 5 0 n n 0 7 1 0 n 0 n 0 0 0 43 (D) U.S. International Services 102 October 2002 Table 5.2. Other Private Services, 1999 [Millions of dollars] Receipts Unaffiliated Affiliated Addendum By U.S. By U.S. parents affiliates from their from their foreign foreign affiliates parents Total Total All countries Canada 98,158 28,564 17,977 10,587 Insurance Total 69,594 Education 9,615 Financial services 13,410 Premiums Net 1,011 6,760 Losses 5,749 Telecommunications Business, professional, and technical services 4,549 27,701 Other services 13,309 Film and television tape rentals 8,011 8,727 3,814 2,832 982 4,911 474 981 205 921 716 321 2,448 481 435 Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other 37,293 1,146 3,647 5,700 1,660 2,711 521 1,635 717 2,045 12,228 5,283 14,628 (D) 1,522 2,860 457 1,680 280 618 130 1,006 4,179 (D) 9,016 280 1,445 353 1,211 149 424 54 270 2,988 943 5,611 (D) 623 1,415 104 469 130 194 76 736 1,191 (D) 22,665 (D) 2,125 2,839 1,203 1,034 241 1,017 587 1,039 8,048 (D) 1,687 20 127 195 63 38 47 83 92 162 824 5,325 196 497 435 284 304 51 174 140 471 2,352 421 159 18 63 -47 20 7 -32 -5 -13 -23 184 -12 2,596 101 310 317 106 36 43 44 17 42 1,393 188 2,438 83 246 365 85 29 75 50 30 65 1,209 200 1,488 125 77 79 46 67 24 27 43 37 746 217 10,172 376 934 1,219 422 518 123 292 236 476 3,787 1,788 3,834 (D) 427 958 369 100 29 446 90 40 817 (D) 5,294 78 674 1,041 426 854 24 529 98 38 1,152 381 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile ; Mexico Venezuela Other Other Western Hemisphere Bermuda Other 17,408 12,655 1,071 1,636 547 6,030 959 2,414 4,751 1,079 3,673 1,989 1,252 127 217 (D) 617 (D) 179 737 302 435 1,391 1,029 121 187 30 528 52 112 362 122 240 598 223 6 30 (D) 89 (D) 67 375 180 195 15,418 11,403 944 1,419 (D) 5,413 (D) 2,235 4,014 777 3,238 1,106 868 53 161 27 192 102 333 237 11 227 4,275 1,379 243 283 90 347 93 323 2,896 604 2,292 392 121 46 7 6 72 -11 1 271 84 187 2,015 646 176 21 57 149 23 220 1,369 870 499 1,623 525 130 15 51 77 34 219 1,098 786 312 975 846 49 146 34 376 39 203 129 11 118 4,342 3,933 460 597 291 952 581 1,052 409 61 348 4,328 4,256 93 225 (D) 3,474 (D) 324 72 6 66 663 648 61 237 27 165 91 68 15 3 11 Africa South Africa Other 2,433 542 1,889 209 80 129 174 74 100 35 6 29 2,224 464 1,760 509 40 470 187 39 148 -18 2 -20 11 5 6 29 3 26 191 78 113 1,258 209 1,049 96 0 93 88 5 Middle East Israel Saudi Arabia Other 3,786 582 1,574 1,628 310 52 (D) (D) 182 33 3 145 128 20 (D) (D) 3,476 530 (D) (D) 413 60 96 257 415 121 71 223 -10 11 -1 -21 71 42 3 26 81 31 3 47 505 88 30 388 2,052 209 1,246 596 101 41 (D) (D) 79 31 28 20 25,031 1,683 2,008 1,666 923 903 8,308 1,571 629 300 606 2,324 1,727 574 1,814 7,526 496 216 618 41 59 3,852 147 (D) 20 78 1,267 411 94 (D) 4,293 428 149 545 40 58 1,205 139 186 19 75 1,156 194 86 13 3,233 68 67 74 1 1 2,646 7 (D) 17,505 1,187 1,792 1,048 882 844 4,453 1,424 (D) 280 528 1,057 1,316 480 (D) 5,425 54 815 140 599 194 889 626 185 19 46 64 496 200 1,099 2,220 212 72 215 46 42 613 190 47 23 54 210 143 36 317 241 4 0 20 0 -6 226 -1 3 8 -7 -2 1 n 948 159 17 34 6 5 548 35 8 12 14 32 57 17 3 707 155 17 14 6 11 322 36 5 4 21 34 56 17 9 1,068 116 69 171 81 24 227 115 12 15 28 57 93 24 36 7,241 544 744 457 139 574 2,040 428 148 154 376 698 533 189 216 1,310 257 92 46 17 16 458 65 (D) 61 31 29 50 32 (D) 1,345 314 20 45 5 8 654 79 13 57 23 28 71 24 7 3,482 90 90 -6 197 155 190 3,157 103 32,078 1,738 13,202 83 8,463 42 218 -4 2,449 44 2,231 48 8,468 835 3,480 207 5,034 145 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.... Addenda: European Union1.... Eastern Europe2 See footnotes at end of table. n 3 110 217 8 (D) 3,396 4,740 3 18,875 1,656 803 395 4,622 135 1,284 October 2002 103 SURVEY OF CURRENT BUSINESS Table 5.2. Other Private Services, 1999—Continued [Millions of dollars] Payments Unaffiliated Affiliated Addendum Total Total All countries By U.S. parents to their foreign affiliates By U.S. affiliates to their foreign parents Insurance Total Education 1,807 Financial services Premiums Net 2,683 Losses 20,857 Telecommunications Business, professional, and technical services 6,601 8,110 433 137 Other services Film and television tape rentals 12,951 10,310 23,052 2,266 758 1,508 2,684 14 203 254 660 406 223 184 36 13,232 (D) 1,495 1,711 207 974 85 195 309 631 6,233 (D) 7,648 (D) 662 807 90 251 10 173 83 205 4,513 (D) 5,585 63 833 903 116 722 75 22 227 426 1,720 477 7,813 (D) 885 1,305 500 -228 147 378 99 35 3,962 (D) 1,048 15 130 56 140 18 3 160 7 11 364 145 2,203 59 124 162 68 71 19 46 39 142 1,310 163 -491 61 238 546 18 -500 6 10 -36 -334 392 -891 9,147 151 663 2,348 123 (D) 14 14 83 745 4,049 (D) 9,638 90 425 1,802 105 (D) 8 4 119 1,079 3,657 (D) 1,450 33 91 116 118 40 76 62 12 60 338 504 3,462 91 287 413 146 130 43 96 76 145 1,507 527 141 71 (D) 15 12 10 12 1 5 2 11 51 (D) 11 9 2 5 8 0 2 0 7 25 2 2,046 779 79 158 (D) 373 (D) 34 1,267 834 433 841 550 79 128 9 244 57 31 291 150 141 1,205 230 467 404 17 14 23 172 6 172 64 1 62 351 172 23 52 12 54 7 24 179 74 105 2,836 -12 -9 8 0 2 10,576 37 16 9 7,740 49 24 1 n n 7 733 221 512 173 119 54 134 113 21 560 102 458 50 8 42 24 12 12 320 52 268 165 29 136 0 0 0 0 Middle East Israel Saudi Arabia Other 1,151 455 253 445 305 243 24 39 288 233 24 32 17 10 0 7 846 212 229 406 34 33 0 1 56 11 27 18 n n n n 4 0 19 7,691 5,356 2,335 2 1 1 632 560 74 132 24 129 61 141 72 37 35 4 1 n 2,195 1,784 76 136 34 794 71 673 411 10 402 19 16 4 1 30 (D) 128 (D) 975 684 291 39 6 33 6,500 2,924 185 343 (D) 1,157 (D) 999 3,576 2,446 1,131 7 3 0 4 391 90 72 229 361 81 126 155 4 0 3 1 3 0 3 0 Asia and Pacific Australia China Hong Kong India Indonesia japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 9,682 933 449 1,169 571 106 3,982 389 92 111 245 662 337 163 479 5,222 519 123 862 (D) 11 2,759 126 52 42 33 472 108 53 (D) 3,264 422 111 723 17 10 1,379 76 45 41 33 309 54 42 2 1,957 97 11 139 (D) 1 1,380 49 7 4,460 413 326 307 (D) 95 1,225 263 40 69 212 190 229 110 (D) 193 66 14 2 4 1 32 3 0 9 1 1 1 2 57 581 53 1 81 15 10 216 29 9 7 7 87 21 9 36 1,679 203 85 100 176 29 674 94 12 15 65 60 82 42 44 43 6 0 1 18 3 0 1 (D) 0 9 0 0 0 0 2 0 0 (0) n 206 17 17 19,305 579 12,458 15 7,397 14 46,313 Canada 4,949 Europe 21,045 753 2,380 3,016 707 746 232 573 408 666 10,193 1,370 8,545 3,703 264 501 166 1,530 209 1,033 4,843 3,280 1,564 Africa South Africa Other Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other International organizations and unallocated.... Addenda: European Union 1 Eastern Europe 2 . * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. 23,261 n D (*) 163 54 11 (D) 3,418 187 5,061 1 6,848 566 951 47 1,994 22 -14 2,848 2,324 524 -3 1 2 n 5 10,539 7,679 2,859 3 1 2 7 1 n 18,173 101 -30 1 19 -2 1 113 2 0 0 1 1 -1 0 -2 446 153 3 4 2 1 260 14 345 183 2 -15 4 0 148 12 n n 2 n -1 1 3 2 3 n 1,863 115 225 104 317 54 181 135 19 37 138 39 126 57 316 -18 n 5 159 2 8,386 36 8,546 3 934 300 -160 -2 n 18 (D) 6 (D) 3 3 0 3 1 1 43 3,005 197 124 2 n 1 2 n n 0 0 11 1 0 n 0 2 0 0 0 U.S. International Services 104 October 2002 Table 5.3. Other Private Services, 2000 [Millions of dollars] Receipts Affiliated Unaffiliated Addendum By U.S. parents from their foreign affiliates By U.S. affiliates from their foreign parents 32,580 19,846 12,734 Total Total All countries 104,707 Insurance Total 72,127 Education Financial services Premiums Net 10,348 16,307 2,050 8,458 Telecommunications Business, professional, and technical services 6,408 4,756 24,373 Losses Other services 14,293 Film and television tape rentals 8,829 Canada 9,867 4,164 3,062 1,101 5,704 511 1,007 259 953 501 2,844 583 597 Europe 41,034 1,205 3,635 5,786 1,911 2,943 567 1,658 1,600 2,640 13,185 5,905 16,969 (D) 1,668 2,897 549 1,724 (D) 418 943 1,361 4,504 2,208 9,804 292 852 1,293 422 1,225 (D) 382 62 391 3,256 (D) 7,165 (D) 816 1,604 127 499 113 36 881 970 1,248 (D) 24,065 (D) 1,967 2,889 1,362 1,219 (D) 1,240 1,806 20 140 199 67 36 48 85 102 39 172 899 6,872 290 608 738 415 430 86 316 172 627 2,763 427 119 30 -124 -144 20 -1 -24 -28 -19 -11 336 85 2,843 99 384 339 89 19 45 43 28 50 1,440 307 2,725 69 508 483 69 20 69 72 48 61 1,104 222 1,160 58 41 71 43 92 9 20 70 24 599 133 9,911 287 915 1,071 417 540 96 351 223 556 3,884 1,571 4,197 (D) 387 953 401 122 (D) 495 109 44 926 582 5,596 132 614 1,053 445 866 42 564 109 42 1,258 471 18,226 1,697 1,188 133 208 20 649 63 116 509 182 327 765 202 10 (D) 19 100 3 (D) 563 351 212 15,764 11,099 705 2,384 5,735 1,572 4,162 2,462 1,390 143 (D) 40 749 65 (D) 1,071 533 539 1,236 961 59 171 28 211 102 389 275 11 264 5,035 1,539 268 355 86 388 106 336 3,496 776 2,720 470 184 62 10 17 53 -6 50 286 134 151 2,096 765 265 44 63 176 27 190 1,331 730 601 1,626 580 202 34 46 124 34 140 1,045 596 449 1,115 1,009 69 152 39 544 34 171 106 9 97 3,386 2,978 324 562 151 688 302 950 408 101 306 4,522 4,428 124 (D) 47 3,586 102 (D) 94 8 85 744 723 91 239 29 192 97 74 22 4 17 Africa South Africa Other 2,290 542 1,750 374 77 298 339 74 264 36 2 33 1,916 609 44 566 154 56 -1 -10 9 22 23 18 4 145 73 72 910 213 99 90 Middle East Israel Saudi Arabia Other 3,031 634 879 1,515 343 (D) (D) 108 179 56 22 100 164 (D) (D) 2,688 457 65 104 288 482 112 101 269 (*) 11 -11 71 59 1 11 71 48 1 22 527 65 23 438 1,091 201 493 397 131 (D) (D) 26 108 59 30 19 26,689 2,023 2,237 1,846 1,116 484 9,672 1,817 535 334 446 2,258 1,537 575 1,806 8,177 562 (D) 754 46 69 3,975 275 166 19 79 1,499 340 119 (D) 4,674 480 197 669 46 67 1,296 171 157 19 77 1,162 211 115 3,502 83 (D) 85 5,729 60 907 126 705 188 906 686 151 21 52 71 487 183 1,187 2,751 296 116 308 62 24 934 215 54 31 52 296 236 32 95 1,165 40 -3 67 -1 11 1,020 25 1 6 9 -29 15 5 -3 2,286 213 20 95 3 10 1,782 44 5 7 11 15 66 13 2 1,121 173 23 28 3 -1 763 19 4 1 2 44 51 7 4 1,307 195 92 131 67 27 299 117 42 28 35 89 85 19 81 6,155 623 775 418 213 143 2,000 416 106 167 187 304 316 187 301 1,405 246 (D) 43 24 22 539 83 15 62 32 28 59 30 (D) 1,491 316 12 42 12 14 766 102 10 58 23 27 84 22 5 3,571 92 92 39 188 149 n 80 3,357 204 35,347 1,661 15,121 140 9,056 125 2,538 44 1,041 48 8,394 646 3,752 260 5,245 198 Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.... Addenda: European Union 1 ... Eastern Europe 2 .... See footnotes at end of table. 12,489 1,049 1,725 409 6,219 n 2 2,679 104 9 1 2 337 129 4 (D) 657 1,279 8,680 3,697 906 (D) 369 5,470 640 (D) 4,664 1,039 3,623 465 1,452 (D) (D) 1,407 18,512 1,459 (D) 1,092 1,070 415 5,698 1,542 369 315 367 759 1,197 456 (D) 3,482 6,065 15 20,226 1,522 835 447 6,067 109 n 137 12 October 2002 105 SURVEY OF CURRENT BUSINESS Table 5.3. Other Private Services, 2000—Continued [Millions of dollars] Payments Affiliated Unaffiliated Addendum Total Total All countries 55,253 Total 29,282 Education 2,052 Financial services 4,472 Premiums Net 8,175 3,090 20 243 302 677 375 227 2,114 184 24 17 197 798 1,559 542 11,389 (D) 1,281 802 561 359 145 385 159 593 5,745 (D) 1,195 16 150 60 163 19 4 190 7 11 403 171 2,948 81 186 235 95 110 12 54 69 263 1,633 210 2,637 18 563 -18 77 28 7 13 -1 73 1,990 -112 11,133 96 887 2,416 89 (D) 16 19 124 1,099 4,533 (D) 8,496 79 324 2,434 11 (D) 9 6 125 1,025 2,543 (D) 874 23 47 92 54 25 89 34 15 18 119 357 3,592 82 319 420 160 166 33 89 58 223 1,545 143 (D) 16 13 13 10 1 5 11 5 55 (D) 67 2 9 3 8 5 0 2 (D) 1 24 (D) 983 638 104 127 11 327 50 19 345 220 124 1,588 209 1 9 54 141 2 1 1,379 1,050 329 8,748 3,055 147 297 70 1,509 131 901 5,694 4,087 1,606 506 438 24 18 23 181 8 183 69 2 67 411 160 25 42 5 49 7 32 251 105 146 5,024 -7 -8 2 1 2 -1 -4 5,032 3,950 1,081 14,470 62 17 (D) 3 9 0 (D) 14,408 9,988 4,421 9,446 69 25 (D) 2 6 1 (D) 9,376 6,037 3,339 2,205 1,914 27 121 25 1,123 50 568 291 8 283 582 534 77 114 16 148 61 119 47 22 25 20 16 2 162 137 25 1 4 560 133 428 57 10 48 29 13 16 0 -1 1 4 2 2 Middle East Israel Saudi Arabia Other 935 449 153 333, 286 235 3 48 256 213 3 39 30 22 0 9 649 214 150 285 54 52 0 2 52 16 19 17 2 -2 0 4 5 9,794 856 400 1,293 836 118 3,928 373 66 84 216 633 284 115 590 5,244 441 175 1,050 (D) 6 2,622 138 30 (D) 30 459 128 30 10 3,404 372 170 890 46 6 1,256 103 27 19 30 408 43 26 9 326 32 32 24,090 512 14,139 42 7,377 41 1,840 69 6 161 (D) n 1,366 35 3 (D) n 51 85 4 1 4,550 414 225 243 (D) 112 1,305 235 36 (D) 186 174 156 85 580 221 81 17 2 5 1 36 3 0 11 1 1 1 2 61 789 55 4 82 26 9 338 44 10 5 7 86 30 9 84 294 Addenda: 142 7,675 59 1,909 1,542 104 860 168 138 30 * Less than $500,000. 473 1,398 728 272 458 D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. 8,636 Film and television tape rentals 865 Africa South Africa Other European Union1.... Eastern Europe 2 5,473 Other services 7,732 (D) 606 822 124 254 14 177 100 276 4,277 (D) 2,571 847 105 136 65 468 52 20 1,723 1,271 453 International organizations and unallocated 18,755 Losses 2,263 11,320 3,902 252 433 135 1,978 183 921 7,417 5,358 2,059 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other Telecommunications Business, professional, and technical services 15,407 (D) 2,515 2,364 228 1,115 102 194 297 1,074 5,836 (D) 5,351 26,796 736 3,794 3,165 789 1,474 247 579 456 1,667 11,583 2,307 ; Insurance 12,538 Europe Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other By U.S. affiliates to their foreign parents 13,433 25,971 Canada Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other By U.S. parents to their foreign affiliates 6,762 n 9,947 472 1,084 52 2,605 25 4 3 1 215 40 175 258 71 188 n n -1 228 45 36 147 313 103 95 115 3 555 59 2 5 1 1 415 16 411 42 1 -4 1 0 329 10 n n n (D) 3 10 1 (D) 1,774 190 106 100 211 66 712 100 11 9 44 53 70 47 54 (D) 82 1 (D) 2 4 1 (D) 16 1,553 67 98 50 505 35 93 81 15 21 117 33 49 27 359 66 2,563 -3 10,017 1 7,454 4 144 17 n 7 0 3 (D) 1 6 170 478 222 3,084 176 n 0 6 5 3 4 0 4 1 1 0 1 n 0 1 70 4 n n (D) 0 40 n 0 (D) (D) n n 0 (D) 54 133 1 2 0 n 1 5 n1 0 n 0 0 0 0 0 0 0 41 1 0 0 n 0 38 1 0 n O 0 0 0 0 65 0 106 October 2002 U.S. International Services Table 5.4. Other Private Services, 2001 [Millions of dollars] Receipts Unaffiliated Affiliated Addendum Total Total All countries 108,109 36,243 By U.S. parents from their foreign affiliates By U.S. affiliates from their foreign parents 21,237 15,006 Insurance Total 71,866 Education Financial services 11,493 15,209 Premiums Net 18 8,658 Telecommunications Business, professional, and technical services 8,640 4,796 25,720 512 2,857 720 726 1,451 10,118 4,356 78 43 115 199 135 16 26 92 394 982 1,291 484 519 100 267 245 663 3,433 1,741 396 1,042 418 94 (D) 496 99 43 1,038 569 5,763 133 615 1,149 453 834 29 574 103 42 1,379 456 Losses Other services 14,630 Film and television tape rentals 9,175 Canada 11,657 5,787 3,387 2,400 5,871 570 1,001 211 1,209 Europe 41,784 1,541 3,801 6,148 2,100 2,974 566 1,448 1,811 2,828 12,027 6,547 18,148 10,210 386 1,042 1,239 348 1,262 7,938 23,636 3,747 (D) 1,951 3,119 1,582 1,137 (D) 327 73 506 3,277 (D) (D) 1,088 709 1,194 7,550 4,141 6,347 303 561 591 436 326 95 216 158 473 2,576 612 -604 (D) 807 1,789 168 577 95 33 1,028 1,128 1,199 (D) 1,969 20 156 218 75 40 45 87 99 40 182 1,007 -20 -187 -137 -30 23 -25 -3 16 -51 -243 55 70 538 509 80 49 53 71 35 64 2,010 268 4,351 91 724 647 110 27 78 74 19 116 2,253 213 19,125 13,292 1,024 1,989 485 6,585 696 2,514 5,831 2,206 3,626 3,296 1,639 161 236 96 848 68 230 1,656 1,056 601 2,107 1,420 155 198 59 762 62 184 687 276 412 1,189 220 6 38 37 86 6 47 969 780 189 15,828 11,653 863 1,753 389 5,736 628 2,284 4,175 1,150 3,025 1,326 1,027 66 183 32 221 108 417 299 12 287 4,310 1,402 223 323 69 361 98 328 2,908 983 1,925 506 235 -18 53 39 96 17 47 271 52 219 2,492 937 281 92 61 206 35 263 1,554 974 580 1,985 702 299 39 22 110 17 216 1,283 922 361 972 872 77 154 34 424 22 162 100 4,004 3,520 386 806 164 911 280 973 484 85 398 4,710 4,597 129 234 51 3,723 103 357 113 8 105 821 790 98 232 33 245 98 84 31 3 28 Africa South Africa Other 2,451 543 1,909 344 82 262 315 74 241 29 8 21 2,107 462 1,647 716 47 669 183 49 134 6 -3 10 27 8 19 21 12 9 176 108 68 925 170 756 101 91 10 90 83 7 Middle East Israel Saudi Arabia Other 3,286 737 982 1,565 386 149 (D) (D) 159 56 26 78 226 94 (D) (D) 2,900 588 (D) (D) 495 71 110 314 549 121 115 313 14 10 -5 9 120 97 4 19 106 87 9 10 417 64 19 334 1,301 256 566 478 124 65 (D) (D) 100 55 24 21 26,537 1,922 2,541 1,735 1,407 526 8,837 2,104 578 330 386 2,175 1,640 571 1,787 8,174 620 (D) 678 62 62 4,016 275 179 25 73 1,377 336 104 (D) 4,951 575 292 587 60 61 1,432 179 172 21 73 1,163 225 102 10 3,223 45 (D) 92 2 2 2,584 97 8 4 18,363 1,302 (D) 1,057 1,345 464 4,821 1,829 399 305 313 798 1,304 467 (D) 6,417 64 1,064 135 970 206 886 811 138 23 56 74 507 199 1,283 2,803 286 158 375 73 53 829 211 49 31 37 293 334 43 31 67 -11 6 23 824 155 30 46 8 12 356 63 10 17 12 36 57 18 4 757 165 24 23 8 17 351 34 8 9 10 21 72 10 1,267 158 103 107 75 17 279 145 52 28 43 99 87 21 54 6,386 540 764 379 202 168 2,298 540 140 157 145 287 334 168 265 1,423 265 (D) 38 25 23 525 93 17 58 30 29 57 28 1,570 334 13 37 12 15 819 111 12 54 21 28 94 20 2 3,267 107 107 239 421 n 127 3,197 105 35,548 1,875 16,038 136 9,332 128 3,535 55 4,083 48 1,305 61 8,285 783 3,945 247 5,446 184 Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.... Addenda: European U n i o n ' Eastern Europe 2 See footnotes at end of table. (D) 1,848 3,029 516 1,839 (D) 360 1,102 1,634 4,476 2,406 n 214 111 2 (D) 3,158 6,706 19,509 1,740 508 n 16 -4 5 29 2 8 2 16 -15 8 -2 -182 5,624 134 -548 7 564 157 (D) (D) October 2002 107 SURVEY OF CURRENT BUSINESS Table 5.4. Other Private Services, 2001—Continued [Millions of dollars] Payments Affiliated Unaffiliated Addendum Total Total All countries 54,588 28,410 International organizations and unallocated Addenda: European Union 1 Eastern Europe 2 39,895 34,989 4,298 10,040 24 193 370 667 297 184 1,133 2,436 158 1,078 114 32 114 659 1,361 (D) 5,607 (D) 621 -740 658 723 87 448 93 22 3,724 (D) 1,398 19 180 72 195 23 4 232 8 13 448 203 2,706 62 179 232 114 169 22 58 57 240 1,373 200 -3,783 27 -163 -1,602 90 271 26 -18 -112 -515 -184 -1,603 15,787 124 1,252 2,974 94 100 27 29 143 3,154 5,530 2,361 19,570 97 1,415 4,576 5 -172 1 46 254 3,669 5,714 3,963 737 17 62 62 46 33 6 25 9 12 151 313 1,223 776 95 153 13 449 42 24 447 306 141 2,609 237 1 20 56 151 2 6 2,372 1,422 951 11,592 2,735 130 290 79 1,210 138 887 8,857 7,611 1,247 552 477 26 19 25 197 9 200 75 2 73 301 151 24 31 5 30 5 56 150 34 116 8,312 -28 -6 -11 23,082 53 25 2 n n 14,771 81 31 12 0 25 21 (D) 112 (D) 132 111 21 (D) n (D) 176 (D) 67 11 56 32 11 21 -4 0 -7 8,340 7,537 803 3 1 2 948 500 140 308 (D) 255 10 (D) 267 233 3 31 (D) (D) 22 6 (D) (D) 245 130 (D) (*) 66 0 2 74 16 19 39 9,754 902 390 1,377 807 79 3,732 401 85 83 273 572 318 147 590 5,483 453 (D) 1,150 (D) 5 2,656 153 50 43 38 406 140 49 3 3,629 392 184 1,056 68 5 1,184 114 47 39 38 356 100 45 2 4,271 449 (D) 227 (D) 74 1,076 248 35 40 235 166 178 98 587 270 103 21 2 6 1 41 3 0 13 1 1 1 3 74 710 99 8 67 19 3 245 57 6 2 4 64 33 5 98 -36 -40 1 10 -1 -7 -18 1 0 -1 11 1 7 1 -1 221 18 322 18,952 532 * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. 4,906 Telecommunications Losses 3,155 798 285 512 Asia and Pacific Australia China Hong Kong India Indonesia.... Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 4,016 Premiums Net 2,535 15,424 3,748 226 463 148 1,809 182 917 11,677 9,339 2,339 , 2,378 Financial services 7,877 1,707 3,198 318 1,323 126 168 214 909 5,490 (D) 3,832 1,013 96 173 69 601 44 30 2,820 1,728 1,092 Middle East Israel Saudi Arabia Other.... Education 791 3,326 15,255 Africa South Africa Other Total Business, professional, and technical services 7,378 413 574 762 160 245 12 136 100 250 4,129 598 6,479 20,862 867 2,328 2,458 975 2,048 213 616 307 931 9,215 906 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Insurance 26,178 Europe -. 13,467 By U.S. affiliates to their foreign parents 14,943 Canada Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other By U.S. parents to their foreign affiliates (D) 47 14,107 (D) 47 7,061 47 (D) 1,855 60 (D) 94 (D) n 1,472 39 3 4 n 50 40 4 1 7,046 (D) 275 4,845 (D) 1,270 58 2,398 29 Other services Film and television tape rentals 540 129 2,205 179 18 4,368 146 346 480 201 216 28 145 122 266 1,852 566 181 1,630 1,415 26 102 33 767 38 449 215 5 210 753 686 58 149 16 212 77 174 67 33 35 44 34 2 n 155 24 131 128 253 0 2 1 0 1 154 31 32 91 346 132 79 135 n 331 68 2 -5 1 7 238 17 1 1 (D) 1 -4 0 (D) 1,275 64 64 32 396 28 75 59 12 16 123 23 45 28 310 1,986 216 103 116 242 49 711 128 17 10 96 77 92 61 69 40 (D) 17 163 -3,294 1 57 12,603 1 n n n n 5 23,030 18,171 4,858 3 1 2 3 1 0 1 295 28 3 5 n n n -1 (D) 2 3 n 12 14,690 10,634 4,055 (*) (D) 17 17 11 10 1 6 9 5 84 (D) n 0 8 9 15 10 0 10 (D) 1 n 12 10 2 0 n 1 7 n1 0 n 0 0 0 (D) (D) n 0 (D) 7 (D) n (D) 0 22 542 115 3,764 235 0 0 0 0 18 4 0 0 n 0 0 12 1 0 n n 0 0 0 0 0 0 n n 0 0 37 69 15,898 2 7 6 6 5 0 3 7 0 42 3 165 (D) U.S. International Services 108 October 2002 Table 6.1. Insurance, 1998 [Millions of dollars] Payments Receipts Net All countries 2,224 Canada 129 Europe 672 Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 28 37 120 39 3 22 6 3 2 395 17 892 13 47 1 -139 879 48 831 Africa South Africa Other 1 3 -1 Middle East Israel Saudi Arabia Other 15 7 4 5 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 398 54 18 17 -1 -3 258 12 (*) 8 2 12 18 5 -3 Primary insurance Reinsurance Total Premiums received Losses paid Premiums received Premiums received Losses paid Net Premiums paid 7,278 5,054 422 4,556 9,240 20,398 11,158 739 52 636 1,150 2,793 100 293 447 90 31 48 42 25 53 1,461 202 2,122 91 -3 2 2 -5 4 2 -5 -3 -1 2,619 34 220 848 -14 7 13 6 -22 237 1,266 25 2,452 764 219 24 96 132 28 264 1,688 602 1,086 1,561 751 130 17 88 85 27 403 810 554 256 5,449 0 -3 18 10 73 256 327 51 28 26 36 22 50 1,067 185 17 7 10 58 45 4 9 142 12 37 9 9 453 32 8 14 13 26 90 15 4 467 88 -6 19 10 12 195 20 8 6 11 15 72 10 6 Net 128 68 69 6 (D) 21 9 (D) 60 n 118 209 Addenda: European Union 1 Eastern Europe 2 . 644 3 2,618 60 6,358 122 71 77 746 234 5 21 21 8 4 10 143 8 19 19 13 -1 8 (D) 6 6 40 (D) 581 2,559 30 35 118 44 -1 21 10 6 4 297 17 95 272 426 82 27 39 (D) 22 48 174 161 21 2 1 11 1 124 13 764 -55 20 1 (D) 3 5 138 (D) 302 229 90 8 (D) 32 10 (D) 73 8 64 1 n 1 2 n n 1 58 11 n 8 n1 16 7 1 n1 6 3 3 * Less than $500,000. 0 Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. (D) 27 -8 (D) 819 48 771 n 1,979 65 237 308 38 28 18 (D) 16 44 1,324 1,027 (D) (D) 2,151 535 130 16 (D) 100 18 (D) 1,616 594 1,022 1,387 590 109 15 88 74 25 279 797 546 251 n 1 3 0 -1 5,449 3,479 1,970 15 15 3 3 -2 10 7 -1 3 13 6 3 4 70 51 7 12 57 45 4 9 5 -1 0 410 63 -6 14 10 12 187 18 8 6 11 527 426 -3 27 2 3 2 1 1 1 341 44 18 9 -1 -4 242 5 0 115 35 1 14 n1 24 8 1 1 1 (D) 11 (D) 217 1 750 107 12 23 9 8 429 23 7 14 12 (D) 79 (D) 3 n 142 1,974 57 Net 1,802 3 n Losses paid 498 59 n International organizations and unallocated Primary insurance Total 129 0 27 67 556 1 2,401 59 (D) 64 (D) 6 Losses recovered 1,098 1,276 178 514 38 38 7,965 5,346 844 898 128 537 1,617 100 39 16 10 61 1,213 3,763 95 317 769 114 32 3 4 83 976 2,497 455 10 44 20 1 1 10 10 47 21 1 1 11 10,674 31 (D) 1 5,225 31 (D) n 5 n (D) 10,643 7,189 3,454 5 1 4 8 n n 7 n 61 -4 -1 8 7 8 -2 -3 -1 40 587 244 -4 (D) 4 1 291 10 n 9 5 14 2 2 (D) Net 20 785 2 186 2 309 2 -1 n n n 2 1 n n n n n n 19 735 2 (D) 5,194 3,710 1,484 2 1 1 185 187 -3 1 3 1 1 1 n n5 n1 5 60 -182 -1 n n 6,734 1 123 1 (*) n1 5 n n5 4 -2 6 3 5 (D) n n n n n n 50 n 123 (D) (D) n n2 n n n n n n 3 1 307 (D) (D) n n21 230 14 1 54 n n n n1 n n 25 14 (D) 2 n n n n n n n n n n n n n n n n n n n n n n n n n n n n n Net Premiums paid Losses recovered 8,142 19,122 10,980 598 1,112 514 1,775 23 176 828 -15 7,067 5,292 118 490 1,596 99 38 6 10 61 1,193 2,978 478 95 314 768 114 32 3 4 83 976 2,447 455 5,262 -2 -3 0 1 2 0 -1 5,264 3,292 1,973 10,365 29 (D) 5,102 31 (D) 1 -1 2 4 1 3 2 1 1 n n3 3 3 1 1 1 562 230 -4 (D) 4 59 -183 -1 (D) 2 -22 217 531 23 n -1 0 1 503 413 -3 25 2 0 57 -4 -1 6 7 7 -2 -3 -1 n 10 2,369 Reinsurance Premiums paid Losses recovered 4,365 1 813 n 867 n n4 n (D) 10,336 (D) (D) n -1 2 n (D) 5,071 (D) (D) n n 287 10 230 14 1 n 7 5 14 1 2 (D) n -2 6 3 5 (D) 10 1,556 0 5,867 n 4,311 October 2002 109 SURVEY OF CURRENT BUSINESS Table 6.2. Insurance, 1999 [Millions of dollars] Payments Receipts Primary insurance Total Primary insurance Reinsurance Total Premiums received Losses paid Premiums received Losses paid Premiums received Losses paid Net Premiums paid Losses recovered Net 1,011 6,760 5,749 334 732 397 676 6,028 5,352 2,683 20,857 18,173 Canada 205 921 716 28 67 177 826 649 254 660 Europe Belgium-Luxembourg 159 18 63 -47 20 7 -32 -5 -13 -23 184 -12 2,596 101 310 317 106 36 43 44 17 42 1,393 188 2,438 83 246 365 85 29 75 50 30 65 1,209 200 105 1 3 5 2 7 -1 2 1 1 84 57 1 2 2 54 17 61 -52 19 -1 -32 -7 -14 -24 100 -12 2,435 99 305 311 104 32 38 43 16 41 1,273 174 2,381 82 244 362 85 33 70 50 30 65 1,173 186 -491 61 238 546 18 -500 6 10 -36 -334 392 -891 9,147 151 663 2,348 123 (D) 14 14 83 745 4,049 (D) Net All countries France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Net n 161 2 5 7 2 4 5 2 1 1 121 13 n -3 5 0 0 n 36 13 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 392 121 46 7 6 72 -11 1 271 84 187 2,015 646 176 21 57 149 23 220 1,369 870 499 1,623 525 130 15 51 77 34 219 1,098 786 312 175 106 27 8 (D) 30 2 (D) 68 4 65 220 145 31 9 (D) 34 3 (D) 76 4 71 Africa South Africa.. Other -18 2 -20 11 5 6 29 3 26 n1 2 2 1 n n1 Middle East Israel Saudi Arabia.. Other -10 11 -1 -21 71 42 3 26 81 31 3 47 -1 -1 0 2 2 1 3 2 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 241 4 0 20 0 -6 226 -1 3 8 -7 -2 1 948 159 17 34 6 5 548 35 8 12 14 32 57 17 3 707 155 17 14 6 11 322 36 5 4 21 34 56 17 9 n -6 international organizations and unallocated Addenda: European Union 1 Eastern Europe 2 . 46 2 -1 (D) n n n n 134 49 2 (D) n 8 -1 -2 1 (D) 12 1 1 1 (D) (D) 2 n n (D) 8 1 n1 42 197 155 -20 117 218 -4 2,449 44 2,231 48 102 1 153 1 * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. n n n 88 48 3 7 n 1 2 4 0 n1 (D) (D) 5 137 Net Losses recovered 1,329 1,520 191 406 13 13 9,638 90 425 1,802 105 (D) 8 4 119 1,079 3,657 (D) 1,152 3 44 34 7 1,189 3 44 34 7 9 n 217 14 18 -1 (D) 42 -13 (D) 202 80 122 1,795 501 145 12 (D) 115 20 (D) 1,293 866 428 1,578 487 127 13 49 73 33 192 1,091 785 306 2,836 -12 -9 8 0 2 10,576 37 16 9 7,740 49 24 1 n n n 7 4 0 19 7,691 5,356 2,335 -20 2 -22 5 4 29 3 26 -10 12 -1 -21 69 41 2 26 79 29 3 47 n n n n 195 3 1 (D) 0 -6 (D) -9 3 8 -7 -9 2 3 -6 814 110 15 (D) 6 4 (D) 23 7 11 13 (D) (D) 15 3 619 107 14 7 6 10 320 32 5 4 20 (D) (D) 12 9 -14 2,848 2,324 524 -3 1 2 101 -30 1 19 -2 1 113 2 0 0 1 1 -1 0 -2 n 5 10,539 7,679 2,859 3 1 2 7 1 n Reinsurance Premiums paid 2 1 1 7 3 0 4 D n n 9 7 1,045 3 n n 137 2 12 1,076 2903 2 n n n 1 n n 135 142 -7 1 n1 5 n n n n n 1 n n 289 277 12 1 n1 5 n n 5 5 21 5 2 (D) 21 5 2 (D) 1 (D) 1 (D) (*) 37 n n n n n n n n 5 31 n 154 n n n n n 0 n 154 135 18 C) n n Net Premiums paid Losses recovered 1,354 19,336 17,982 241 647 406 -1,643 58 194 512 11 -500 -3 9 -36 -341 -654 -894 7,958 148 619 2,314 116 (D) 5 13 83 733 2,973 (D) 9,601 90 425 1,802 105 (D) 8 4 119 1,074 3,626 (D) 2,699 -14 -9 8 0 1 10,285 35 15 9 7,586 49 24 1 n n n 6 4 0 19 7,537 5,220 2,317 -15 2,713 2,182 531 -1 0 -1 n 5 10,250 7,402 2,848 1 1 1 2 -5 -3 1 -2 n n 81 -35 -1 (D) -2 425 148 1 (D) 2 2 2 1 1 7 3 0 4 7 446 153 3 4 2 1 260 14 345 183 2 -15 4 0 148 12 n n2 2 n -1 1 3 2 3 n n 5 62 80 18 -18 18 2 36 116 -5 2,297 43 2,181 47 -160 -2 8,386 8,546 3 n n n n n n n n n n n n n (*) n n n n n n n (D) 2 0 0 1 (D) 14 n -1 0 -3 n 2 (*) 2 2 n 344 183 2 -15 4 0 148 12 n 2 -1 1 3 n 5 2 1,136 n 1,167 n -18 18 36 -1,296 -3 7,219 8,514 3 n U.S. International Services 110 October 2002 Table 6.3. Insurance, 2000 [Millions of dollars] Payments Receipts Primary insurance Total Primary insurance Reinsurance Total Premiums received Losses paid Premiums received Losses paid Premiums received Net Premiums paid Losses recovered Net 2,050 8,458 6,408 977 509 1,582 7,481 8,175 26,930 18,755 259 953 693 128 58 188 824 636 302 677 119 30 -124 -144 20 -1 -24 -28 -19 -11 336 85 2,843 99 384 339 89 19 45 43 28 50 1,440 307 2,725 69 508 483 69 20 69 72 48 61 1,104 222 102 204 1 6 9 2 5 6 1 2 1 130 40 102 1 1 3 1 2 52 41 17 30 -129 -150 19 -6 -30 -30 -21 -11 258 85 2,640 98 378 331 87 14 39 42 26 49 1,310 267 2,623 68 507 481 68 20 68 72 47 59 1,052 182 2,637 18 563 -18 77 28 7 13 -1 73 1,990 -112 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 470 184 62 10 17 53 -6 50 286 134 151 2,096 765 265 44 63 176 27 190 1,331 730 601 1,626 580 202 34 46 124 34 140 1,045 596 449 142 79 1 5 7 27 5 33 63 8 55 239 155 24 8 10 51 7 54 84 6 77 97 77 23 3 3 24 2 21 20 -2 22 328 106 61 4 10 25 -11 17 222 126 96 1,856 610 240 35 54 125 20 135 1,247 724 523 1,528 504 179 31 44 100 31 119 1,025 598 427 Africa South Africa Other -1 -10 9 22 8 13 23 18 4 3 0 3 3 C) 18 n n -10 6 Middle East Israel Saudi Arabia Other n 11 n -11 71 59 1 11 71 48 1 22 2 1 3 3 2 0 2 1 (*) 1 -1 10 0 -11 1,165 40 -3 67 -1 11 1,020 25 1 6 9 -29 15 5 -3 2,286 213 20 95 3 10 1,782 44 5 7 11 15 66 13 2 Net All countries Canada Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of.. Malaysia New Zealand Philippines Singapore Taiwan Thailand Other nternational organ International organizations and unallocated Addenda: European Union1 Eastern Europe 2 1,121 173 23 28 3 -1 763 19 4 1 2 44 51 7 4 468 n 5 6 1 5 6 1 1 -1 78 0 n n 168 77 n (D) 1 n (D) 9 1 n 277 107 6 (D) 1 3 (D) 15 1 1 (D) (D) 19 -2 (D) 10 n n 39 188 149 -19 n n 122 137 12 2,675 56 2,538 44 102 -4 168 (D) * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. Net n1 n1 109 30 5 6 Net n n 997 -37 -4 (D) -1 11 (D) 16 (*) 6 11 (D) 5 5 -3 141 58 n 2 4 6 n 1 (D) (D) 9 68 57 1 10 2,008 106 14 (D) 2 7 (D) 29 4 6 (D) (D) 47 12 1 Losses recovered 1,264 1,704 375 83 11,133 96 887 2,416 89 (D) 16 19 124 1,099 4,533 (D) 8,496 79 324 2,434 11 (D) 9 6 125 1,025 2,543 (D) 1,156 5 10 -2 1 1 9 5,024 -7 -8 2 1 2 -1 -4 5,032 3,950 1,081 14,470 62 17 (D) 3 9 0 (D) 14,408 9,988 4,421 9,446 69 25 (D) 2 6 1 (D) 9,376 6,037 3,339 22 18 4 0 -1 1 4 2 2 4 3 1 47 1 21 2 -2 0 4 Losses paid 1,012 144 18 22 3 -4 759 12 4 n (D) (D) 42 7 4 144 17 n 9 n1 86 7 0 3 (D) 1 6 n (D) 66 2,507 (D) Reinsurance Premiums paid 2,472 (D) 2,563 n 4 22 1,105 1 Net Premiums paid Losses recovered 440 6,911 25,226 18,315 83 n 219 594 375 1,247 5 (D) (D) 1 1 91 0 (D) (D) 0 0 4 22 1,162 1 0 0 57 n 1,481 13 553 -16 76 27 -2 13 -5 51 885 -114 9,887 92 (D) (D) 87 (D) 7 19 121 1,077 3,370 (D) 8,406 79 (D) (D) 11 (D) 9 6 125 1,025 2,485 (D) 349 0 0 0 0 0 0 0 349 349 0 5,015 -9 -8 1 1 1 -1 -4 5,024 3,956 1,069 14,111 60 17 (D) 3 7 0 (D) 14,052 9,644 4,408 9,097 69 25 (D) 2 6 1 (D) 9,028 5,688 3,339 0 0 0 -2 -1 0 3 2 4 3 1 0 0 0 0 n 7 5 359 2 n n n 2 n n 357 344 13 1 n1 2 n n n -1 555 59 2 5 1 1 415 16 2 411 42 1 -4 1 0 329 10 12 3 n 3 n n 4 2 n n n n n n n n n 5 (D) 3 10 1 (D) 1 (D) 2 4 1 (D) 82 16 (*) 10,017 7,454 4 no n n 0 0 0 0 0 0 0 0 0 0 0 0 0 -2 0 3 131 14 0 6 0 1 82 5 0 3 (D) 1 6 n n 2 542 56 1 3 1 1 411 15 -1 411 42 1 -4 1 0 329 10 (*) 1 (D) 2 4 1 (D) n (D) 5 (D) 3 10 1 (D) n 66 82 1,125 1,215 n n 1,438 -3 n 8,801 n 16 7,363 4 October 2002 111 SURVEY OF CURRENT BUSINESS Table 6.4. Insurance, 2001 [Millions of dollars] Receipts Net All countries Payments Total Primary insurance Reinsurance Total Premiums received Premiums received Losses paid Premiums received Premiums paid Losses paid Net Net Losses paid Net 34,793 667 297 117 119 2 253 548 295 -3,783 27 -163 -1,602 90 271 26 -18 -112 -515 -184 -1,603 15,787 124 1,252 2,974 94 100 27 29 143 3,154 5,530 2,361 19,570 97 1,415 4,576 5 -172 1 46 254 3,669 5,714 3,963 1,447 4 105 17 1,573 4 105 19 126 n n 2 14 2 15 n n n n 1 0 19,444 97 1,415 4,574 5 -172 1 46 254 3,669 5,592 3,963 23,082 53 25 2 8,035 -30 -7 -11 n n 14,771 81 31 12 0 25 7 33 1,379 3439 3 14,214 120 1,147 2,955 94 98 12 28 136 3,121 4,151 2,352 8,312 -28 -6 -11 7 33 1,257 277 2 -5,230 23 -268 -1,619 89 269 12 -18 -119 -548 -1,441 -1,611 22,739 50 25 1 0 19 14,705 80 31 12 0 24 -4 0 -7 8,340 7,537 803 3 1 2 21 n n 4 22,689 17,866 4,824 12 14,624 10,570 4,054 (*> -251 7,505 7,757 4,906 Canada 211 1,209 998 104 256 152 107 954 846 370 Europe -604 -20 -187 -137 -30 23 -25 -3 16 -51 -243 55 3,747 70 538 509 109 49 53 71 35 64 2,010 268 4,351 91 724 647 110 27 78 74 19 116 2,253 213 240 1 7 13 2 6 7 2 5 1 144 51 130 1 3 2 1 2 6 -713 -21 -190 -148 -31 18 -26 -5 10 -52 -323 55 3,508 69 531 497 79 43 46 68 29 63 1,866 217 4,220 90 721 645 109 25 71 73 19 115 2,190 162 506 235 -18 53 39 96 17 47 271 52 219 2,492 937 281 92 61 206 35 263 1,554 974 580 1,985 702 299 39 22 110 17 216 1,283 922 361 n 237 146 24 11 12 42 9 49 91 7 85 83 59 8 4 2 12 4 29 24 n 353 148 -34 46 30 67 12 26 204 46 158 2,255 792 257 81 50 165 26 214 1,463 967 496 1,902 643 291 35 20 98 13 187 1,259 921 337 6 -3 10 27 8 19 21 12 5 1 4 24 3 1 2 4 -4 22 8 15 18 11 7 14 10 -5 120 97 4 19 106 87 9 10 4 4 0 1 13 12 -6 7 115 95 3 17 102 83 824 155 30 46 8 12 356 63 10 17 12 36 57 18 4 757 165 24 23 8 17 351 34 127 68 6 (D) 1 -39 4 5 (D) 1 -1 -70 22 1 9 3 (D) -19 592 101 23 (D) 8 10 276 48 9 16 9 (D) 39 17 3 630 97 18 (D) 7 11 346 26 8 7 6 (D) 58 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Africa South Africa Other Middle East Israel Saudi Arabia.. Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia '. New Zealand Philippines Singapore Taiwan Thailand Other 67 -11 6 23 n -4 5 29 2 8 2 16 -15 8 -2 5 2 105 -14 1 (D) 0 -4 75 7 1 -1 -2 (D) 4 -1 1 233 54 7 (D) n 2 80 15 1 1 2 (D) 18 1 1 International nternational organ organizations and unallocated -182 239 421 -205 179 Addenda: European Union 1 Eastern Europe 2 . -548 7 3,535 55 4,083 48 114 -5 195 31 * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. See table 2, footnote 2. 2. See table 2, footnote 3. 63 51 n 2 4 (D) 13 2 n nn n -36 -40 1 10 -1 -7 -18 1 0 -1 11 1 7 1 -1 n 5 23,030 18,171 4,858 3 1 2 3 1 0 1 295 28 3 5 n n 221 18 n-1 (D) 2 3 n 12 14,690 10,634 4,055 n n 0 2 1 0 1 331 68 2 -5 1 7 238 17 1 1 (D) 1 -4 0 (D) n nn 1 n 241 33 n n 2 n 1 122 1 nn n 2 n n -5 0 -8 8,065 7,296 770 306 34 2 2 n n n n n 2 2 1 -2 -1 2 2 1 n 1 11 3 n 2 n n 3 1 *) *) :*) 23 -661 13 3,340 24 38 40 57 (D) 17 4,002 12 -3,294 1 12,603 1 15,898 (*) (*) 1,399 1 C) 1,524 1 125 n n n n 0 0 1 -46 -42 1 8 -1 -7 -21 284 25 3 3 0 n 217 17 H -1 (D) 2 2 0 -1 11 1 7 1 -1 1 *) *) n n 383 Losses recovered 37,843 883 4 1 2 5 1 81 154 87 16 7 9 29 5 20 67 6 61 Premiums paid 3,050 1,153 n n n Net 195 270 n Net Reinsurance Losses recovered 2,051 8,640 4 11 Premiums paid 1,856 8,658 n Losses recovered 34,989 18 Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Primary insurance n n n0 2 1 0 1 330 68 2 -5 1 7 238 17 1 1 (D) 1 -4 0 (D) 40 (D) 57 17 -4,693 11,079 15,773 n n 112 October 2 0 0 2 U.S. International Services Table 7.1. Business, Professional, and Technical Services, Unaffiliated, 1998 [Millions of dollars] Receipts Total All countries Advertising Computer and data processing services Database and other information services 22,676 445 1,941 1,764 Canada 1,802 83 232 198 Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other 8,100 288 684 977 463 489 103 187 230 471 2,435 1,773 201 9 32 35 21 4 1 5 4 21 56 14 878 36 73 140 34 69 26 30 30 28 293 119 889 29 69 78 122 56 8 18 19 89 278 125 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 3,729 3,284 415 581 172 854 418 845 445 71 374 87 55 1 (D) 2 13 (D) 32 (D) (D) 255 237 19 96 8 67 18 29 18 7 10 187 167 25 40 10 57 16 20 20 7 14 Africa South Africa Other 1,006 130 876 3 1 3 34 16 18 54 44 9 Middle East Israel Saudi Arabia Other 1,628 181 884 563 60 17 37 83 7 (D) (D) Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 6,269 478 635 312 200 698 1,941 414 121 140 241 290 293 272 235 482 61 21 19 352 142 n International organizations and unallocated.... Addenda: European Union 3 Eastern Europe 4 . See footnotes at end of table. 6,429 823 D 12 8 205 36 15 10 14 27 33 17 3 175 3 787 30 31 26 1 101 8 5 22 5 32 14 7 3 Management, Research, consulting, development, and public and testing relations services services 867 Industrial engineering Installation, maintenance, and repair of equipment Other2 2,406 3,884 1,271 3,189 5,022 202 158 42 103 229 473 427 22 39 99 49 17 3 3 27 75 50 43 717 12 57 117 13 28 4 8 18 56 158 245 1,306 79 194 159 45 64 9 13 32 71 510 131 815 10 4 61 47 12 3 8 7 10 232 421 255 11 11 24 13 37 2 11 12 (D) 40 (D) 907 25 94 133 82 90 15 22 36 19 259 133 1,705 56 111 131 38 111 34 69 43 (D) 560 (D) 30 28 5 3 248 230 9 54 3 44 35 85 18 2 16 158 105 15 18 9 39 11 14 52 27 26 744 585 23 12 56 133 230 131 159 3 156 217 211 (D) 22 4 34 (D) 57 6 423 400 57 64 11 210 14 44 23 1 22 1,379 1,266 (D) (D) 69 249 (D) (D) 113 (D) (D) 2 21 3 18 11 3 5 2 154 15 139 422 7 416 6 5 3 45 12 33 (D) 26 (D) 168 22 89 58 58 22 10 26 560 7 352 201 404 46 292 (D) 41 (D) (D) 292 19 7 3 7 5 182 18 (*) 2 5 7 19 13 4 399 65 10 16 10 22 143 12 4 3 26 8 5 14 61 717 47 18 78 2 9 416 76 2 4 6 18 29 3 11 1,300 19 213 12 96 560 49 48 12 1 120 66 54 38 12 1,174 81 92 66 19 41 390 144 43 28 37 81 83 42 28 995 88 (D) 78 18 43 188 48 (D) 66 26 29 35 (D) 90 n 10 2 7 2 n n 755 31 Construction, engineering, architectural, and mining 340 10 432 189 (*) 1,139 84 n (D) n (D) (D) 14 39 (D) 498 5 (D) 237 21 (D) 4 1 18 17 (D) 23 1 (D) 586 208 168 (D) (D) 813 26 1,235 (D) October 2002 113 SURVEY OF CURRENT BUSINESS Table 7.1. Business, Professional, and Technical Services, Unaffiliated, 1998—Continued [Millions of dollars] Payments Advertising Total All countries Computer and data processing services Database and other information services Research, development, and testing services Management, consulting, and public relations services Construction, engineering, architectural, and mining services 1 Legal services industrial engineering Installation, maintenance, and repair of equipment Other 2 7,392 912 917 152 637 872 655 554 206 242 2,247 Canada 1,477 42 570 19 62 120 36 59 38 78 454 Europe 3,146 78 301 333 116 154 46 99 57 157 1,362 444 383 10 52 62 20 8 2 34 7 19 144 25 164 3 (D) 28 3 1 (D) 3 4 5 69 21 95 1 11 11 427 10 16 46 6 27 5 5 14 29 207 60 322 11 17 25 3 16 1 355 12 30 60 9 11 5 9 6 11 155 49 267 1 45 9 11 (D) 4 81 93 2 6 10 1 4 8 7 1 2 44 7 960 28 (D) 72 (D) (D) (D) (D) (D) 54 449 (D) 513 463 54 110 16 123 23 136 50 25 25 77 75 10 24 3 14 2 21 2 1 1 14 12 2 1 31 29 4 8 2 6 1 8 2 1 1 82 77 4 27 1 12 5 29 4 1 3 77 63 9 17 3 15 4 16 13 10 9 3 2 200 176 15 28 7 62 10 54 24 10 14 161 23 138 9 5 4 (D) 1 (D) (D) 1 (D) 8 3 5 Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Africa South Africa Other Middle East Israel Saudi Arabia Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated n 3 1 4 2 1 1 2 1 1 372 88 161 122 20 3 5 12 13 1,724 199 72 129 132 22 729 100 14 20 78 52 94 39 44 381 26 5 17 4 1 285 13 1 4 3 5 14 3 1 4 46 6 1 n n n n n n n n n 180 49 (D) (D) 1 1 (D) 2 (D) 3 12 6 2 4 154 4 3 6 97 1 21 1 60 14 3 2 3 2 15 6 n n 1 13 4 3 (*) 4 3 1 3 3 2 195 19 13 7 4 5 37 10 7 1 (D) 3 (D) (D) 3 168 25 10 22 4 2 55 18 1 6 2 6 9 4 4 275 27 312 19 n n n 14 n1 n n n 22 61 (D) 18 17 7 2 (*) 4 n 2 11 (D) 1 1 (D) (D) 2 3 1 n3 n n1 n1 n n 1 1 n n 27 n 27 84 (D) (D) (D) 99 15 1 13 1 1 33 (D) n n 4 2 6 2 (D) n 10 8 2 n n1 n (D) n n n n n (D) n n n 2 50 5 2 3 1 2 16 6 n ( 5) n 91 n 69 11 58 63 17 (D) (D) 500 89 32 59 (D) 8 (D) (D) 4 A 4 (D) 21 (D) (D) (D) Addenda: European Union 3 Eastern Europe 4 . 2,671 230 353 4 146 1 * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. Receipts for construction, engineering, architectural, and mining services are published net of merchandise exports, which are included in merchandise trade in the U.S. international transactions accounts, and net of outlays abroad for wages, services, materials, and other expenses. In 1998, total net receipts of $3,884 million were derived as gross operating revenues of $8,954 million less merchandise exports of $1,702 million and foreign expenses of $3,368 million. The components of the total are as follows: Construction services—net receipts of $793 million were derived as gross operating revenues of $3,541 million less merchandise exports of $988 million and foreign expenses of $1,760 million. Engineering, architectural, and other technical services—net receipts of $2,541 million were derived as gross operating revenues of $4,094 million less merchandise exports of $548 million and foreign expenses of $1,005 million. Mining services—net 354 37 158 (D) 825 (D) receipts of $550 million were derived as gross operating revenues of $1,318 million less merchandise exports of $166 million and foreign expenses of $602 million. Payments for construction, engineering, architectural, and mining services are not published net of merchandise imports and outlays for wages and other expenses. Data are not collected for merchandise imports and wages and other expenses, and no estimates are made because they are believed to be small. 2. Consists of accounting, auditing, and bookkeeping services, medical services, miscellaneous disbursements, operational leasing, sports and performing arts, training services, and other business, professional, technical services (see footnote 1 table 1). 3. See table 2, footnote 2. 4. See table 2, footnote 3. October 2002 U.S. International Services 114 Table 7.2. Business, Professional, and Technical Services, Unaffiliated, 1999 [Millions of dollars] Receipts Total All countries Computer and data processing services Advertising Database and other information services Management, Research, consulting, development, and public and testing relations services services Legal services Construction, engineering, architectural, and mining services1 Industrial engineering Installation, maintenance, and repair of equipment Other2 27,701 481 3,312 2,131 994 1,832 2,465 5,834 1,865 3,491 5,298 2,448 104 311 225 107 176 180 297 190 328 532 10,172 376 934 1,219 422 518 123 292 236 476 3,787 1,788 185 11 20 37 22 4 1 10 3 18 42 16 1,910 43 170 207 43 87 46 52 36 29 1,000 195 1,016 22 71 87 136 66 4 22 20 91 350 146 428 17 29 106 15 21 7 9 29 80 71 45 860 29 92 125 22 35 4 13 22 76 259 183 1,322 44 202 186 40 45 8 12 34 58 561 130 1,014 21 25 105 20 4 3 13 1 9 475 338 534 994 23 95 121 52 94 11 58 43 30 309 159 1,910 4,342 3,933 460 597 291 952 581 1,052 409 61 348 120 99 247 232 28 51 9 68 35 40 16 4 12 257 228 25 63 11 68 34 28 28 7 22 47 43 (D) 5 200 180 9 44 2 28 14 83 21 5 16 159 108 15 24 9 35 9 16 51 22 30 1,110 1,000 35 73 150 100 387 255 110 2 108 281 276 497 468 69 71 28 249 11 41 29 1 29 1,423 1,300 152 227 74 300 84 463 124 12 112 Africa South Africa Other 1,258 209 1,049 3 126 85 40 62 49 13 14 5 9 131 25 106 8 6 2 644 4 640 30 n 30 38 16 22 200 19 182 Middle East 2,052 209 1,246 596 107 36 55 15 105 6 79 30 48 2 128 23 51 54 55 27 5 23 933 3 78 14 (D) (D) (D) (D) 430 31 323 76 133 38 16 79 66 4 3 8 610 100 13 17 16 230 36 20 15 9 34 40 22 6 312 17 5 4 4 2 198 20 1 2 2 9 30 12 331 38 9 11 7 27 102 19 12 1 27 10 7 15 46 741 56 36 91 5 6 396 82 1 4 4 18 32 5 5 1,836 37 337 11 17 449 64 30 44 1 277 1,204 85 108 86 18 35 391 130 37 32 30 94 119 29 9 925 75 217 1 465 113 11 40 32 3 139 13 7 25 7 45 16 9 7 Canada Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Israel Saudi Arabia Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International organizations and unallocated.... Addenda: European Union3 Eastern Europe4 See footnotes at end of table. 7,241 544 744 457 139 574 2,040 428 148 154 376 698 533 189 216 (D) 23 4 14 3 (D) 21 7 14 n3 3 1 n1 n 36 3 1 1 n6 2 1 1 49 (D) (D) n 13 2 (D) 4 2 2 (D) (D) 20 14 (D) (D) 77 12 23 2 29 15 12 101 87 (D) 17 4 77 3 (D) 5 n4 752 20 5 (D) 11 7 325 35 5 2 3 (D) (D) (D) 24 167 59 138 39 74 33 73 620 489 (D) 26 29 160 61 17 73 17 (D) 40 (D) 98 174 190 8,468 835 (D) (D) 159 7 1,754 56 23 333 629 126 1,176 75 741 253 444 75 895 28 1,448 185 October 2002 115 SURVEY OF CURRENT BUSINESS Table 7.2. Business, Professional, and Technical Services, Unaffiliated, 1999—Continued [Millions of dollars] Payments Advertising Total All countries , , Computer and data processing services Database and other information services Management, Research, consulting, development, and public relations services Legal services Construction, engineering, architectural, and mining services 1 Industrial engineering Installation, maintenance, and repair of equipment 510 262 315 2,652 84 136 578 130 114 1 2 26 (D) 4 1 1 2 1 34 (D) 1,171 20 (D) (D) (D) 47 5 21 10 48 585 214 15 13 273 237 (D) (D) 6 63 48 (D) 36 14 22 Other 2 8,110 881 984 171 749 842 742 1,806 56 594 8 117 101 46 3,462 91 287 413 146 130 43 96 76 145 1,507 527 312 16 31 47 16 5 2 19 4 14 142 15 170 6 19 51 4 2 (D) 3 1 7 62 (D) 126 3 473 13 26 64 13 22 7 7 36 52 168 67 387 15 39 49 6 13 2 7 2 5 193 57 409 16 28 59 16 12 5 11 6 9 180 67 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico ... Venezuela Other Other Western Hemisphere Bermuda Other 632 560 74 132 24 129 61 141 72 37 35 92 87 11 41 5 17 1 13 5 1 4 11 9 1 1 28 26 4 7 2 4 1 9 2 1 1 68 58 4 11 1 10 4 27 10 87 72 11 18 3 20 5 16 15 11 4 Africa South Africa Other 165 29 136 5 3 2 22 6 16 (D) 2 (D) 8 2 Middle East Israel Saudi Arabia Other 361 81 126 155 18 2 4 12 29 6 (D) (D) (D) 2 (D) (D) 11 5 2 4 27 111 (D) 14 (D) 11 9 1 2 (D) (D) 8 (D) 1,679 203 85 100 176 29 674 94 12 15 65 60 82 42 44 398 16 5 10 2 80 12 23 1 5 3 20 3 138 22 4 3 13 7 10 6 5 1 23 5 13 (D) (D) 179 23 12 20 5 2 67 17 2 3 3 5 9 5 4 72 16 21 1 1 522 100 29 51 12 13 (D) (D) 4 6 10 19 29 (D) (D) Canada Europe \ : Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland... United Kingdom Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other : n 322 14 1 1 1 3 18 1 2 International organizations and unallocated n1 4 1 n 2 2 1 1 (P) 12 1 16 n n n 4 45 (D) nn nn n nnn 187 8 4 2 132 1 16 1 n n16 n 2 1 1 3 3 3 1 4 n 1 n 170 3 8 8 1 9 (D) n n 1 78 (D) 41 41 (D) 2 2 3 1 (D) n n n 27 n n 9 1 1 5 (D) nn 4 (D) 1 3 2 n 5 (D) 18 n1 26 15 3 19 (D) 16 16 1 (D) n n 5 4 1 (D) n nn n 1 n1 n1 n (D) 1 nn n (D) nn n n 8 n (D) 15 (D) (*) Addenda: European Union 3 Eastern Europe 4 3,005 197 291 1 151 n 119 2 * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. Receipts for construction, engineering, architectural, and mining services are published net of merchandise exports, which are included in merchandise trade in the U.S. international transactions accounts, and net of outlays abroad for wages, services, materials, and other expenses. In 1999, total net receipts of $5,834 million were derived as gross operating revenues of $8,785 million less merchandise exports of $613 million and foreign expenses of $2,338 million. The components of the total are as follows: Construction services—net receipts of $2,643 million were derived as gross operating revenues of $4,151 million less merchandise exports of $356 million and foreign expenses of $1,152 million. Engineering, architectural, and other technical services—net receipts of $2,620 million were derived as gross operating revenues of 377 29 335 34 360 28 110 (D) 123 2 1,043 (D) $3,601 million less merchandise exports of $255 million and foreign expenses of $725 million. Mining services—net receipts of $571 million were derived as gross operating revenues of $1,034 million less merchandise exports of $2 million and foreign expenses of $460 million. Payments for construction, engineering, architectural, and mining services are not published net of merchandise imports and outlays for wages and other expenses. Data are not collected for merchandise imports and wages and other expenses, and no estimates are made because they are believed to be small. 2. See table 7.1, footnote 2. 3. See table 2, footnote 2. 4. See table 2, footnote 3. October 2 0 0 2 U.S. International Services 116 Table 7.3. Business, Professional, and Technical Services, UnaffiMated, 2000 [Millions of dollars] Receipts Advertising Total All countries Computer and data processing services Database and other information services Management, Research, consulting, development, and public and testing relations services services Construction, engineering, architectural, and mining services1 Legal services Industrial engineering Installation, maintenance, and repair of equipment Other2 24,373 551 3,050 2,165 1,046 1,751 3,232 2,275 716 3,931 5,655 Canada 2,844 87 323 216 75 159 224 603 14 344 800 Europe Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other 9,911 287 915 1,071 417 540 96 351 223 556 3,884 1,571 304 3 73 43 26 4 1 3 5 19 116 12 1,701 24 54 122 34 49 25 44 33 19 1,144 152 1,033 32 68 93 141 68 3 24 20 91 343 150 487 20 36 79 29 17 5 7 15 105 107 68 749 37 42 87 22 46 4 15 32 64 206 194 1,852 87 275 249 40 78 13 35 42 111 719 204 497 5 11 7 19 3 -2 21 235 1 1,890 36 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 3,386 2,978 324 562 151 688 302 950 408 101 306 73 59 14 2 12 262 239 35 72 6 59 29 38 23 6 17 269 242 25 88 11 62 27 28 27 4 23 39 35 4 3 2 15 4 7 4 2 2 214 165 10 24 8 40 5 79 48 18 30 206 156 21 34 7 55 13 26 50 29 22 2 159 272 169 116 10 16 20 -119 117 71 53 1 52 1,162 40 151 178 59 97 9 28 42 39 388 131 2 1 1 92 57 36 74 (D) (D) 48 (D) (D) 187 21 166 21 16 5 3 1 120 20 57 44 114 6 (D) (D) 60 23 35 2 139 14 74 51 551 131 13 35 45 13 156 36 13 4 8 45 31 17 5 459 99 13 42 40 4 147 16 6 23 6 23 19 10 11 328 25 10 2 9 7 190 41 2 1 1 5 19 10 7 297 41 10 20 9 31 64 29 7 (*) 26 7 10 9 32 Africa South Africa Other 910 213 Middle East Israel Saudi Arabia Other 1,091 201 493 397 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 6,155 623 775 418 213 143 2,000 416 106 167 187 304 316 187 301 ... International organizations and unallocated... Addenda: European Union 3 Eastern Europe 4 . See footnotes at end of table. (D) 10 n 11 1 (D) n1 82 4 4 13 5 n 31 3 1 n1 14 3 2 1 8,394 646 280 3 1,614 19 911 17 358 18 533 120 1,597 116 27 6 7 n (D) 4 (D) 40 11 (D) (D) (D) (D) 186 42 170 38 (D) 29 (D) 661 379 (D (D) 448 422 17 51 23 194 11 127 26 (D) n n 26 148 -1 149 (D) (*) (D) 127 13 114 (D) 138 -4 52 89 17 6 6 5 323 58 193 71 118 37 720 41 339 18 19 36 34 19 4 319 16 1,003 88 n n8 79 43 33 43 13 (D) (D) 1,527 121 126 72 17 8 545 136 53 47 37 101 101 43 120 n 10 80 58 44 125 6 8 478 48 2 4 3 38 38 13 3 n (D) 3 (D) 29 4 (D) 6 28 1 183 11 3 4 8 (D) 300 192 212 5 (D) (D) 168 262 (D) 341 92 m\ (D) 39 (D) 17 (D) (D) (D) (D) 85 35 34 172 77 14 86 17 23 (D) (D) 103 (D) 1,083 30 1,506 126 October 2002 117 SURVEY OF CURRENT BUSINESS Table 7.3. Business, Professional, and Technical Services, Unaffiliated, 2000—Continued [Millions of dollars] Payments Management, consulting, and public relations services Construction, engineering, architectural, and mining services1 Advertising Computer and data processing services information services Research, development, and testing services 8,636 923 922 178 903 755 874 518 261 821 2,482 Canada 2,114 187 557 12 80 128 52 73 30 522 474 Europe 3,592 82 319 420 160 166 33 89 58 223 1,545 498 302 6 23 45 16 5 2 26 4 9 145 20 174 1 15 15 3 2 138 544 12 23 70 7 19 5 2 21 121 177 87 339 14 36 32 7 11 2 5 5 11 183 33 487 18 30 69 10 10 6 12 9 16 235 72 178 4 28 3 143 193 2 12 40 28 7 1 5 5 3 57 35 1,094 22 (D) 94 (D) 91 10 23 9 47 479 154 Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda. Other 582 534 77 114 16 148 61 119 47 22 25 80 74 8 37 3 18 1 7 5 1 4 57 53 4 13 1 8 3 24 4 1 3 92 78 13 19 3 20 6 16 15 25 22 1 7 240 225 (D) 25 6 74 46 n1 44 40 8 9 2 6 4 11 4 3 1 Africa South Africa Other 258 71 188 4 1 n n n 35 17 18 51 5 46 7 3 4 n (D) n 313 103 95 115 18 2 4 12 2 2 52 22 17 13 44 4 (D) (D) 15 7 4 5 55 107 30 (D) (D) n Middle East Israel Saudi Arabia Other 8 4 4 (*) 1 4 3 47 22 8 17 1,774 190 106 100 211 66 712 100 11 9 44 53 70 47 54 331 16 5 9 3 24 1 4 1 2 149 17 25 1 10 5 45 25 1 2 1 3 5 4 135 11 3 8 24 15 22 6 3 1 4 2 8 (D) (D) 219 27 13 22 4 3 90 21 2 2 4 8 11 7 4 (D) C) 6 C) 76 6 9 3 1 3 36 2 (D) 83 30 53 (D) (D) (D) 29 4 2 12 30 (D) (D) 28 Total All countries Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland.., United Kingdom Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore ... Taiwan Thailand Other 262 14 1 2 2 4 12 1 2 3,084 176 283 3 3 (D) 8 1 16 n 9 1 5 81 43 4 3 n1 n1 n1 1 16 7 8 n 170 9 5 3 115 1 15 1 n n n 12 1 n n 3 n n n n n n International organizations and unallocated.... Addenda: European Union 3 Eastern Europe 4 . n Database and ojther 169 C) 131 n * Less than $500,000. 0 Suppressed to avoid disclosure of data of individual companies. 1. Receipts for construction, engineering, architectural, and mining services are published net of merchandise exports, which are included in merchandise trade in the U.S. international transactions accounts, and net of outlays abroad for wages, services, materials, and other expenses. In 2000, total net receipts of $2,275 million were derived as gross operating revenues of $5,984 million less merchandise exports of $866 million and foreign expenses of $2,843 million. The components of the total are as follows: Construction services—net receipts of $680 million were derived as gross operating revenues of $2,541 million less merchandise exports of $707 million and foreign expenses of $1,154 million. Engineering, architectural, and other technical services—net receipts of $1,309 million were derived as gross operating revenues of Legal services 5 6 1 3 4 103 21 31 31 (D) 1 n 3 n n n 55 71 20 7 n 1 (D) 4 n n n n 14 45 (D) n1 5 n 2 29 (0) n1 n 6 C) R (*) C) (D) (D) n (D) 1 4 1 304 15 420 35 153 14 Installation, maintenance, and repair of equipment n 12 1 3 1 2 1 n n n n 135 Other2 n 4 (D) n 2 (D) n 372 37 n Industrial engineering 7 7 (D) (D) 61 (D) n 166 3 951 64 $2,490 million less merchandise exports of $158 million and foreign expenses of $1,023 million. Mining services—net receipts of $286 million were derived as gross operating revenues of $953 million less merchandise exports of $1 million and foreign expenses of $666 million. Payments for construction, engineering, architectural, and mining services are not published net of merchandise imports and outlays for wages and other expenses. Data are not collected for merchandise imports and wages and other expenses, and no estimates are made because they are believed to be small. 2. See table 7.1, footnote 2. 3. See table 2, footnote 2. 4. See table 2, footnote 3. October 2 0 0 2 U.S. International Services 118 Table 7.4. Business, Professional, and Technical Services, Unaffiliated, 2001 [Millions of dollars] Receipts Total All countries Advertising Computer and data processing services Database and other information services Research, development, and testing services Management, consulting, and public relations services services Construction, engineering, architectural, and mining services 1 Industrial engineering Installation, maintenance, and repair of equipment Other 2 25,720 513 2,644 2,192 1,317 1,859 3,143 2,623 780 4,546 6,105 Canada 2,857 85 259 229 90 215 257 610 26 400 684 Europe 10,118 394 982 1,291 484 519 100 267 245 663 3.433 1,741 269 3 78 42 26 5 1 4 6 26 68 11 1,526 22 74 137 38 59 22 42 26 29 917 161 1,087 35 71 107 140 67 4 27 21 94 370 638 30 55 122 32 14 4 10 20 176 89 773 28 71 87 20 50 1 16 22 36 227 215 1,738 65 255 274 45 73 11 23 64 89 635 204 551 31 23 39 3 2 3 40 7 (D) 69 (D) 229 (D) 27 33 1,898 4,004 3,520 386 806 164 911 280 973 484 85 85 79 10 10 1 22 3 33 6 2 4 208 187 19 59 4 54 21 30 21 5 16 290 259 20 104 11 67 31 25 31 4 27 39 36 4 5 1 13 4 8 2 2 1 237 153 5 19 3 35 6 86 84 22 62 225 172 19 34 8 59 12 39 53 32 21 565 475 11 269 12 45 81 57 91 6 4 14 50 (D) 115 103 26 3 12 28 4 30 12 1,410 62 121 238 97 87 17 35 47 63 465 179 504 471 68 71 43 218 16 55 33 1,736 1,586 204 232 68 370 101 611 150 n n n 17 133 Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other 152 57 42 16 220 22 197 14 9 5 91 161 8 152 (D) (D) 87 35 48 3 154 19 102 33 61 14 13 150 -6 43 113 458 91 17 36 13 12 146 30 10 10 10 32 24 22 5 424 105 17 35 44 4 113 18 8 13 6 14 20 12 15 398 18 11 2 9 11 256 53 2 1 2 6 16 5 6 253 26 11 15 13 32 41 18 12 3 22 9 4 8 38 821 36 37 73 8 7 511 55 2 4 3 36 34 11 5 586 24 268 23 12 55 49 94 17 -5 17 -37 34 10 25 (*) (*) n n 1,495 120 243 278 Africa South Africa Other 925 170 756 3 1 2 77 43 35 Middle East Israel Saudi Arabia Other 1,301 256 566 478 7 1 2 4 115 27 55 33 130 7 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 6,386 540 764 379 202 168 2,298 540 140 157 145 287 334 168 265 63 3 2 11 1 International organizations and unallocated.... Addenda: European Union 3 Eastern Europe 4 . See footnotes at end of table. h 28 6 1 1 1 5 2 2 1 127 n 8,285 783 238 2 1,422 35 32 (D) (D) 959 21 436 20 568 138 n 12 17 n 16 36 11 18 7 356 16 9 6 28 1 218 11 3 n 8 7 13 28 32 105 16 89 (D) 208 212 78 155 38 66 30 (D) 544 (D) 240 (D) (D) 318 51 202 65 216 1,809 125 144 87 23 9 698 170 58 47 55 185 141 50 16 1,217 51 (D) (D) 95 248 92 51 36 238 85 28 84 19 30 46 19 146 111 211 3 1,265 45 1;448 121 October 2002 119 SURVEY OF CURRENT BUSINESS Table 7.4. Business, Professional, and Technical Services, Unaffiliated, 2001—Continued [Millions of dollars] Payments Management, Research, consulting, development, and public and testing relations services services Construction, engineering, architectural, and mining services1 Installation, maintenance, and repair of equipment Advertising Computer and data processing services Database and other information services 10,040 881 1,016 260 1,064 998 755 471 260 Canada 2,205 179 547 15 100 149 44 57 25 524 565 Europe 4,368 146 346 480 201 216 28 145 122 266 1,852 566 361 13 27 48 21 12 3 26 5 10 171 26 222 (D) 25 16 3 4 (*) 8 210 10 (D) 8 1 14 1 (D) n 343 6 14 47 47 14 1 5 57 5 101 45 1,500 (D) (D) 152 92 123 6 (D) 14 70 635 (D) 753 686 58 149 16 212 77 174 67 33 35 77 72 8 34 1 19 2 8 4 1 3 3 90 4 3 2 425 15 30 62 10 11 4 10 8 13 216 47 125 5 12 15 12 2 1 5 4 90 (D) 499 21 45 63 8 18 2 11 11 7 256 57 108 4 7 3 n 575 16 31 66 7 11 3 4 24 153 194 66 27 23 2 7 358 337 24 51 8 108 63 83 21 9 12 Total All countries Belgium-Luxembourg France Germany Italy Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Africa South Africa Other , s Middle East Israel Saudi Arabia Other Asia and Pacific Australia China , Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 380 128 253 346 132 79 135 1,986 216 103 116 242 49 711 128 17 10 96 77 92 61 International organizations and unallocated 4 2 15 3 n 12 243 20 3 9 1 1 176 10 2 2 2 4 9 2 3 n n n n 1 62 50 11 6 2 9 5 16 12 Legal services 85 3 21 2 25 2 27 6 1 5 17 3 21 3 15 18 12 6 (D) (D) 1 61 34 26 28 3 24 7 3 4 (D) 6 (D) 70 31 22 18 36 4 28 4 14 7 3 4 197 16 10 1 16 3 105 4 2 1 3 14 7 199 16 5 7 37 16 24 8 5 (*) (D) 2 10 28 (D) 180 22 10 18 3 2 75 17 1 2 3 6 10 461 19 378 22 n 208 11 9 1 122 n 16 n (*) (*) n 8 7 n 3 1 57 19 42 41 n 9 n 9 n 22 1 1 n 66 n 65 107 21 4 82 91 17 2 1 5 3 10 (D) n n 2 1 3 2 (D) Industrial engineering n n 42 31 7 6 n n n 6 n Rn n (D) (D) n (D) 6 (D) n 52 n 6 n 21 n 3,339 n 13 n1 3 1 2 1 n 12 11 r1f 88 4 12 4 1 2 47 2 24 1 n n n3 11 n2 115 307 6 n n n n n n o Other2 153 25 128 64 39 11 14 700 107 42 74 33 22 226 (D) 6 5 (D) 45 30 11 (D) Addenda: European Union 3 Eastern Europe4. 3,764 235 339 4 214 3 207 n * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. Receipts for construction, engineering, architectural, and mining services are published net of merchandise exports, which are included in merchandise trade in the U.S. international transactions accounts, and net of outlays abroad for wages, services, materials, and other expenses. In 2001, total net receipts of $2,623 million were derived as gross operating revenues of $6,063 million less merchandise exports of $720 million and foreign expenses of $2,720 million. The components of the total are as follows: Construction services-net receipts of $823 million were derived as gross operating revenues of $2,641 million less merchandise exports of $564 million and foreign expenses of $1,255 million. Engineering, architectural, and other technical services—net receipts of $1,573 million were derived as gross operating revenues of 378 34 1,275 128 $2,985 million less merchandise exports of $155 million and foreign expenses of $1,257 million. Mining services—net receipts of $228 million were derived as gross operating revenues of $437 million less merchandise exports of less than $1 million and foreign expenses of $208 million. Payments for construction, engineering, architectural, and mining services are not published net of merchandise imports and outlays for wages and other expenses. Data are not collected for merchandise imports and wages and other expenses, and no estimates are made because they are believed to be small. 2. See table 7.1 .footnote 2. 3. See table 2, footnote 2. 4. See table 2, footnote 3. U.S. International Services 120 October 2 0 0 2 Table 8. Sales of Services to Foreign Persons by U.S. MNC's Through Their Nonbank MOFA's and to U.S. Persons by Foreign MNC's Through Their Nonbank MOUSA's, by Country, 1993-2000 [Millions of dollars] Sales by MOUSA's to U.S. persons Sales by MOFA's to foreign persons Country1 2 1994 1995 1996 1997 3 1998 1999 2000 1994 1995 1996 1997 1998 1999 142,603 159,149 190,057 223,175 255,335 286,066 353,207 Canada.. 18,265 17,776 18,534 21,160 24,128 25,698 34,741 44,317 23,507 22,285 26,620 Europe 79,578 (D) 10,292 12,744 5,187 7,740 793 2,095 (D) 3,140 28,496 (D) 84,599 105,111 3,886 4,277 10,897 14,183 12,434 17,618 5,176 4,528 9,134 8,111 (D) 878 2,211 2,869 (D) (D) 3,187 4,006 31,810 38,114 6,003 128,665 147,698 4,260 15,868 21,829 6,462 10,668 1,626 3,106 2,883 4,497 50,330 7,126 4,283 14,567 19,102 6,319 10,911 1,818 3,115 2,881 4,133 73,112 7,457 165,170 4,552 17,704 20,105 7,455 13,504 2,152 3,302 (D) 4,861 78,849 (D) 198,673 4,781 19,641 29,732 (D) 13,466 2,366 4,176 (D) 4,981 94,158 13,280 204,815 5,359 19,291 28,981 7,474 11,935 1,995 4,614 (D) 4,413 101,413 (D) 78,255 533 7,506 10,687 819 8,667 479 168 (D) 11,655 33,359 (D) 86,156 471 11,315 10,728 917 (0) 539 179 (D) 12,589 35,563 (D) 89,978 101,296 134,865 150,093 187,596 233,282 1,253 850 262 130 349 164 18,456 21,436 30,098 12,141 12,260 16,011 43,767 29,467 27,396 11,904 16,991 22,171 2,020 1,926 818 914 993 750 21,210 32,759 40,160 9,860 10,511 15,411 1,321 5,348 1,755 1,624 2,031 527 (D) 346 333 317 215 182 7,611 4,496 2,892 1,820 1,490 2,413 31,152 12,758 15,174 19,040 20,540 23,105 73,093 35,409 37,812 55,035 54,944 65,683 2,179 (D) 1,488 2,392 3,468 3,871 15,791 10,893 2,012 3,008 1,530 1,850 (D) (D) 4,898 (D) (D) 17,457 12,143 2,584 3,457 1,146 2,003 1,689 1,263 5,313 (D) (D) 23,781 15,449 (D) 4,574 1,425 (D) (D) 1,843 8,332 (D) (D) 32,534 23,248 (D) 10,387 1,830 3,014 2,895 (D) 9,286 6,594 2,692 41,551 28,861 4,793 10,001 2,235 5,326 3,220 3,286 12,690 7,471 5,219 50,277 35,439 (D) 13,072 3,115 6,653 3,598 (D) 14,838 8,797 6,041 3,432 819 3 36 0 348 197 235 2,613 1,133 1,480 4,100 944 3 40 0 488 214 199 3,156 1,373 1,783 4,209 969 3 40 0 517 223 186 3,240 1,460 1,780 All countries... Belgium France Germany Italy Netherlands Norway Spain Sweden Switzerland United KingdomOther Latin America and Other Western Hemisphere South and Central America Argentina Brazil Chile Mexico Venezuela Other Other Western Hemisphere Bermuda Other Africa, Middle East, and Asia and Pacific.. 9,526 5,580 751 1,875 465 1,310 (D) (D) 3,946 (D) (D) 12,588 8,354 1,463 2,361 865 1,772 1,054 839 4,233 (D) (D) 32,496 41,663 International4.. 47,438 51,328 6,877 1,128 4 108 (D) 559 232 (D) 5,748 2,907 2,841 8,000 1,160 5 119 26 543 187 280 6,840 3,060 3,781 12,567 1,043 5 109 173 354 (D) (D) 11,524 5,976 5,548 13,971 1,271 6 207 202 500 (D) (D) 12,701 6,362 6,338 56,797 60,169 78,242 93,375 (D) (D) 28,226 44,304 42,807 (D) (D) (D) 109 (D) 2,102 958 1,144 (D) 1,131 (D) 2,536 (D) (D) 2,905 (D) (D) (D) 173 (D) (D) 179 (D) 237 169 68 248 202 46 232 191 41 923 (D) (D) (D) (D) (D) (D) (D) (D) 1,808 (D) 809 (D) (D) (D) 720 (D) 1,643 (D) (D) 633 1,879 (D) (D) (D) 2,045 (D) (D) 755 (D) (D) (D) 803 4,391 671 (D) (D) 4,604 1,761 (D) (D) 1,848 172 533 1,143 1,915 164 570 1,181 1,803 251 591 961 1,955 237 703 1,015 2,037 239 483 1,316 2,260 251 483 1,526 2,202 236 650 1,315 2,332 271 631 1,430 29,961 3,964 59 3,351 (D) 256 15,672 699 642 394 257 1,733 1,898 879 (D) 39,033 5,550 320 4,043 47 249 19,545 (D) 1,136 848 397 2,234 2,473 (D) (D) 44,768 6,489 453 4,424 116 324 21,693 1,141 (D) 1,175 (D) 2,492 3,028 1,593 (D) 49,681 8,821 575 5,310 102 415 21,921 1,299 1,391 1,075 518 3,103 3,362 1,618 172 52,649 9,713 776 5,915 222 (D) 21,684 1,229 (D) 1,056 589 3,670 3,965 1,490 254 55,347 11,381 828 6,774 341 (D) 23,095 996 1,034 869 602 3,166 4,190 (D) 464 71,315 14,699 (D) 8,065 506 (D) 26,425 1,701 1,597 (D) (D) 4,608 (D) 1,475 (D) 85,866 14,903 2,080 9,271 992 613 33,277 2,281 2,094 (D) 888 5,383 (D) 2,280 (D) 26,756 (D) 42 1,682 16 44 20,337 375 124 19 12 112 148 2 (D) 30,069 (D) 45 1,759 24 53 23,203 252 180 15 12 188 283 2 (D) 26,186 4,321 58 2,003 30 40 18,621 238 162 14 10 244 310 2 134 31,293 5,886 63 1,829 (D) 49 21,398 827 272 20 10 343 386 2 (D) 42,036 8,854 (D) 1,388 94 56 28,383 300 328 47 8 1,761 581 39,623 9,046 64 1,546 133 96 26,177 322 292 51 11 1,038 636 40,810 8,062 73 1,424 175 78 28,729 374 (D) 23 23 879 582 41,386 8,731 80 1,262 196 93 28,531 385 (D) 24 20 979 694 2,738 2,523 2,531 2,567 2,930 (D) 72,315 53 76,497 423 99,012 438 121,510 577 140,471 834 n n n n (D) 213 (D) (D) 630 1,950 2,701 (D) (D) 76,612 20 83,987 114,106 20 22 127,698 34 2,495 156,068 1,601 * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. 1. For MOFA's, "country" is the country of the affiliate; for MOUSA's, it is the country of the affiliate's ultimate beneficial owner. 2. See table A, footnote 4. 3. See table A, footnote 3. 4. Foreign affiliates classified in "international" are those that have operations in more than one country and that are engaged in petroleum shipping, other water transportation, or operating movable oil- and gas-drilling equipment. Beginning with the estimates for 1999, BEA is no longer using the "international" category in tabulations of direct investment estimates. This change is being made to comply with international guidelines for the compilation of international transactions n 41,871 1,776 (D) (D) United States5.. Addenda: European Union6... Eastern Europe7.... 5,474 1,098 2 59 35,064 53,336 Middle East Israel Saudi Arabia.. Other Thailand Other 27,282 1,677 529 1,148 727 35 692 Taiwan 392,784 134,700 145,414 149,663 168,444 223,060 245,472 293,485 346,669 554 256 111 4,376 1,752 2,624 33,495 Africa South Africa... Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of.. Malaysia New Zealand Philippines Singapore 2000 1993 1993 187,730 2,838 194,034 3,468 64,243 10 (D) 71,319 12 159,017 55 200,654 53 and direct investment statistics set forth by the International Monetary Fund's Balance of Payments Manual, 5th ed. In accordance with the guidelines, affiliates formerly classified in "international" have been reclassified in the country of operator of the ship or equipment. In most cases the country of the operator is the same as the country of incorporation. In the few cases where the country of incorporation is the United States, the affiliates have been defined out of BEA's direct investment estimates. 5. Contains data for U.S. affiliates that have a foreign parent but whose ultimate beneficial owner is a U.S. person. 6. See table 2, footnote 2. 7. See table 2, footnote 3. MNC Multinational company MOFA Majority-owned foreign affiliate MOUSA Majority-owned U.S. affiliate October 2002 121 SURVEY OF CURRENT BUSINESS Table 9.1. Sales of Services to Foreign Persons by U.S. MNC's Through Their Nonbank MOFA's, Industry of Affiliate by Country of Affiliate, 1999 [Millions of dollars] Europe All countries Canada Total (2) (1) Switzerland United Kingdom Latin America and Other Western Hemisphere (7) (8) (9) Of which: (3) France Germany Netherlands (4) (5) (6) Other countries Of which: Total Australia Japan (10) (11) (12) 353,207 34,741 19,641 4,981 94,158 41,551 78,242 14,699 26,425 Manufacturing Of which: Food Chemicals Primary and fabricated metals Machinery Computers and electronic products Electrical equipment, appliances, and components Transportation equipment 10,757 2,095 865 4 (D) 1,330 866 206 108 0 66 2 100 640 0 0 0 0 2 0 0 0 127 39 189 142 0 1 53 10 12 737 60 38 0 120 149 9 (D) 58 37 0 44 10 0 56 0 0 0 0 41 0 0 Wholesale trade Of which: Motor vehicles and motor vehicle parts and supplies Professional and commercial equipment and supplies 15,774 1,532 1,003 1,336 971 3,114 314 0 1,101 0 873 0 2,694 0 208 17 23 All industries 98 1,403 6,855 69 (D) 13 12,082 Retail trade Information Publishing industries Newspaper, periodical, book, and database publishers Software publishers Motion picture and sound recording industries Motion picture and video industries Sound recording industries Broadcasting and telecommunications Broadcasting, cable networks, and program distribution Telecommunications Information services and data processing services Information services Data processing services Finance (except depository institutions) and insurance Finance (except depository institutions) Nondepository credit intermediation and related services Securities, commodity contracts, and other intermediation and related activities Funds, trusts, and other financial vehicles Insurance carriers and related activities Insurance carriers, except life insurance carriers Life insurance carriers Agencies, brokerages, and other insurance related activities 61,888 12,681 5,147 7,534 8,646 1 80 ft 267 2,998 11 711 62 3,124 664 375 288 912 ( 0 325 1,224 7,181 236 6,950 884 303 581 Dj 14,8 3,884 10,824 84,496 31,641 10,164 7,794 3,068 (D) 12,620 2,884 1,750 26,768 5,985 (D) 1,295 991 143 9,736 8,638 1,022 76 20,783 (D) 13,383 (D) 4$ 2,694 1,869 164 1,485 134 1,351 Professional, scientific, and technical services Architectural, engineering, and related services Computer systems design and related services Management, scientific, and technical consulting Other , Legal services Accounting, tax preparation, bookkeeping, and payroll services Specialized design services Scientific research and development services Advertising and related services Other professional, scientific, and technical services 3,955 1,434 1,249 462 810 Accommodation and food services Accommodation Food services and drinking places 4,690 216 451 789 (D) (D) 2,047 1,604 (D) 993 (D) 443 276 iSi n 303 13,228 21 1,882 4,249 118 2,008 2,589 3,485 (D) 2,067 1,619 5,697 197 5,936 180 2,790 193 281 99 (D) 1,164 D (D 880 D D] D) 0 134 1,535 291 18 1,603 (D) 587 6 (D) 30 2,335 489 1,846 963 Health care and social assistance (D) 145 (D) 15,867 2,170 (D) (D) 2,208 208 I 433 79 76 108 Management of companies and enterprises Administration, support, and waste management Administrative and support services Of which: Employment services Travel arrangement and reservation services Waste management and remediation services 3,654 2,347 514 246 268 377 5,226 456 2,564 1,176 1,031 2 19 (D) D 651 251 j Other industries Agriculture, forestry, fishing, and hunting Mining Utilities Construction 1 Transportation and warehousing Of which: Air transportation Rail transportation Water transportation Truck transportation Support activities for transportation * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. MNC Multinational company M0FA Majority-owned foreign affiliate 606 303 302 510 i!567 (Dj D 3,759 (D) (D) D) 679 (D) 3! 25 313 9,661 (D' Real estate and rental and leasing Real estate Rental and leasing (except real estate) Miscellaneous services Educational services Arts, entertainment, and recreation Other services (except public administration and private households) 14,701 3,572 2,050 1,522 1,630 (D) 108 813 (D) (D) 270 419 0 (D) 7 1,818 203 1,615 586 (D) (D) 3,044 452 1,263 0 569 3 (D) 357 423 13 1 199 29 2,3<0D! 181 2,081 (D) (D) 29 (D) 580 (D) 322 1,031 (D (D) 17 3,638 (D) (D) (D) (D (D) 683 (D) 858 D) 464 1 (D) 2 1,248 222 1,026 489 (D) (D) 401 (D) a 335 6 330 438 ° 13,646 2,425 1,109 1,316 0 11,220 (D) 4,556 (D) 562 (D) 51 6,337 329 3 78 1,457 0 6 0 0 450 (D) 94 & 665 H 0 15 15 0 (D) (D) 1. Because sales resulting from construction activities are recorded as sales of goods rather than as sales of services, the sales of services through MOFA's in construction represent sales in secondary, nonconstruction, industries. In 1999, sales of goods to foreign residents by MOFA's classified in construction were $14.0 billion. U.S. International Services 122 October 2 0 0 2 Table 9.2. Sales of Services to Foreign Persons by U.S. MNC's Through Their Nonbank MOFA's, Industry of Affiliate by Country of Affiliate, 2000 [Millions of dollars] Europe All countries Of which: Canada Total Germany France . Manufacturing Of which: Food Chemicals Primary and fabricated metals Machinery Computers and electronic products Electrical equipment, appliances, and components Transportation equipment Wholesale trade Of which: Motor vehicles and motor vehicle parts and supplies Professional and commercial equipment and supplies (5) (6) (9) (10) (11) (12) 28,981 11,935 4,413 101,413 50,277 93,375 14,903 33,277 9,532 1,960 5,598 710 2,717 102 17 598 1,218 756 148 124 150 547 80 1,249 5,839 79 1,068 41 25 1 73 52 449 73 382 3,876 10 0 150 7 19 469 4 3 0 128 3 21 45 13 53 0 0 0 0 2 155 60 176 130 1 2 43 20 6 0 (D) 0 0 0 0 17 0 0 13 35 0 38 10 0 50 0 12 0 0 59 0 0 1,409 516 757 741 1,579 1,098 397 970 1,379 0 446 0 678 0 679 (D 0 1,009 0 340 (D) 841 8,602 (Dj 7,969 0 0 5,849 5.749 4,778 971 15,207 2,026 13,181 9,791 2,799 6,992 4,415 1,631 284 1,347 1,671 1,625 46 569 1,015 206 42 164 58 29 29 80 0 80 671 43,284 24,305 5,929 1,443 753 547 6,846 803 18,195 181 18,979 14,608 1,867 2,505 206 1 689 309 420 1,545 57 1,488 7,758 769 6.989 1,587 391 1,196 581 26 555 834 11 822 49 5,007 2,094 1,252 639 1,023 7 317 1 151 466 81 (rj) 39,310 6,749 16,143 5,705 10,712 637 226 59 1,735 6,485 1,571 (D) 3,618 240 1,360 480 1,539 167 72 2 144 1,030 125 4,839 97 2.521 974 1,247 62 0 0 220 904 61 2,026 478 950 187 411 0 0 0 30 301 80 1,163 27 237 519 379 1 0 0 96 184 99 7,846 2,869 6,958 2,243Q 2.728 22.042 14 8,236 4,382 0 41 2,688 4 365 1,592 d 1,086 0 64 0 108 771 1.050 820 391 1.905 (D) (D) 311 1,042 D) D D 0 (Dj 1,628 25,565 1,222 63,210 36,025 24.037 3.148 1,645 114,335 91 10.406 39,187 20,348 * Less than $500,000. 0 Suppressed to avoid disclosure of data of individual companies. MNC Multinational company MOFA Majority-owned foreign affiliate 6 8,105 3,456 865 721 98 2,700 8,753 2,487 1,648 1,500 4,013 1,793 4,568 (DJ Dj ri 0 22 9,094 1,039 466 573 756 101,843 38,633 11,847 J 4 (Dj (8) 2,674 661 280 381 673 592 81 513 (D) D 827 116 711 n (Si Miscellaneous services Educational services Arts, entertainment, and recreation Other services (except public administration and private households) (D) 3,779 4 311 '(D) 69,696 11,268 Health care and social assistance (D) 6 674 Professional, scientific, and technical services Architectural, engineering, and related services Computer systems design and related services Management, scientific, and technical consulting Other Legal services Accounting, tax preparation, bookkeeping, and payroll services Specialized design services Scientific research and development services Advertising and related services Other professional, scientific, and technical services Accommodation and food services Accommodation Food services and drinking places 581 (D) 11,427 Management of companies and enterprises Administration, support, and waste management Administrative and support services Of which: Employment services Travel arrangement and reservation services Waste management and remediation services (D) (D) (Dj 12,728 (D) : (3) 18,809 28.036 2,542 25,494 . Japan (4) Real estate and rental and leasing Real estate Rental and leasing (except real estate) Other industries Agriculture, forestry, fishing, and hunting Mining Utilities Construction 1 Transportation and warehousing Of which: Air transportation Rail transportation Water transportation Truck transportation Support activities for transportation Australia 19,291 ,J(5°)D) Finance (except depository institutions) and insurance Finance (except depository institutions) Nondepository credit intermediation and related services Securities, commodity contracts, and other intermediation and related activities Funds, trusts, and other financial vehicles Insurance carriers and related activities Insurance carriers, except life insurance carriers Life insurance carriers Agencies, brokerages, and other insurance related activities Of which: Total 204,815 (2) 66,038 14,432 5,778 8,655 Information Publishing industries Newspaper, periodical, book, and database publishers Software publishers Motion picture and sound recording industries Motion picture and video industries Sound recording industries Broadcasting and telecommunications Broadcasting, cable networks, and program distribution Telecommunications Information services and data processing services Information services Data processing services (7) United Kingdom 44,317 1,104 Retail trade Switzerland Other countries 392,784 (1) All industries Netherlands Latin America and Other Western Hemisphere (D) (°) (Dj 4,649 1,592 (D) (D) 21 688 342 43 1,967 17,164 (D) 11,060 68 424 6 (D) (D) 19 (D) (Dj Dj (D) (D) (D a0l n U 566 (D) \D) 6,054 6,049 1.245 288 957 (D) (D) 6,043 5,836 0 207 1 265 279 D D 1,114 342 (Dj (D) D D 364 (D 164 0 Dj 18 0 (D) (D u 725 52 0 D D D D n U o 0 71 0 1 0 292 269 (Dj 0 350 341 9 0 139 0 89 n 9 5,562 5,562 9 557 557 9 589 589 219 219 9.134 15 0 (Dj (D) 0 0 0 383 0 0 149 0 0 509 0 (D) n 1.3 9 (S (*) 15,433 4,265 2,658 1,607 1,528 \D) 4 (D) 28 5,014 619 4,395 4,626 1,472 3,154 10,914 677 402 274 606 474 131 8,631 231 8,400 1,001 354 647 28,346 18,158 3.588 n & D ) (DJ (D) (D) (D) D (D) 2,220 (D) (D) 404 & (D) D D) 0 0 2,678 569 253 315 361 291 70 973 239 734 775 3,336 J 1.157 I! 6 454 (D) (D) 1,227 (D) (D) 175 15,573 3,538 1,876 34,881 7,335 2,297 1,881 875 17,250 2,874 1,191 14,556 13 10.189 7,325 1,279 1,585 1,502 160 12.035 10,432 1,383 221 4,222 (D) 27.547 (Dj 19,196 655 352 416 234 1,683 (*) 14 37b (D (D) 6,806 2,829 285 2,544 996 69 927 1,127 335 (D) (D) 482 62 420 19,775 1,957 (D) (D) 455 (D) 396 366 13 (0) 110 7,966 (D) 4,560 (D) 1,896 4,166 302 I 2,258 697 (D) 1,602 20,728 g 3,357 411 1,050 354 346 581 5,603 468 2,712 1,272 1,152 2 20 7 118 764 240 14,846 25 3,080 4,916 (D) (D) n Dj 2,738 218 158 31 697 1.038 596 (D) 1,728 5,271 •10 10 2,572 106 (Dj 1,413 (Dj 7,298 663 131 1,759 296 2$ 269 4,035 4,035 604 836 817 2,318 2,826 3 0 221 22 19 1,281 25 (Dj (D) (D) (D) D) 83 205 27 (D) 10 114 2,136 (D). 425 "(DJ (D) (Dj 546 55 (Do ) 264 107 (D) 7 0 un 615 (D) 0 35 131 44 0 140 (D) 5 958 956 12 822 822 614 1 3 (D) 13 7 24 0 614 31 349 (D) 7 2 104 119 170 64 2 0 IB] 2.646 615 2,031 8.274 2,271 6,003 795 1,692 199 1,493 70 65 5 240 n 3,340 985 2,355 2,209 636 1,573 (D) Dj 3,332 1,119 ,194 925 17 17 0 ,1 (Dj Dj 139 4.039 512 786 821 24 23 1 422 64 90 1,343 239 174 446 36 49 (D) 103 78 4,785 845 2,741 774 359 268 930 361 ID) 12,940 (D) (D) 117 53 22 247 42 1 1.071 1. Because sales resulting from construction activities are recorded as sales of goods rather than as sales of services, the sales of services through MOFA's in construction represent sales in secondary, nonconstruction, industries. In 2000, sales of goods to foreign residents by MOFA's classified in construction were $10.5 billion. October 2002 123 SURVEY OF CURRENT BUSINESS Table 10.1. Sales of Services to U.S. Persons by Foreign MNC's Through Their Nonbank MOUSA's, Industry of Affiliate by Country of UBO, 1999 [Millions of dollars] Europe All Of which: p/\i mtrioc UUUIILI IGo Canada Total (2) (1) (3) France Germany Netherlands (4) (5) (6) Switzerland (7) latin America and Other Wpefpm VVCoLC/l II United HemiKingdom sphere (8) (9) Other countries United States Of which: Total (10) Australia Japan (11) (12) (13) 293,485 47,438 187,596 21,436 29,467 32,759 23,105 65,683 12,567 (D) 8,062 28,729 (D) Manufacturing Of which: Food Chemicals Primary and fabricated metals Machinery Computers and electronic products Electrical equipment, appliances, and components Transportation equipment 28,156 (D) 19,956 1,644 5,481 (D) 542 3,593 (D) 3,873 45 3,510 9 2 1 4 12 0 238 0 1 0 4 0 (Dj 2 0 68 249 0 0 56 36 0 0 0 26 0 (DJ DJ8 182 Q 73 17 159 (D) Wholesale trade Of which: Motor vehicles and motor vehicle parts and supplies Professional and commercial equipment and supplies 12,781 (D) 4,218 0 0 0 0 0 24 17 113 (D) 5,561 (D) 1,535 45 1,569 1,412 182 5,461 5,829 0 0 0 0 0 0 2,9(5D! 0 0 0 0 (D) 1,691 0 0 All industries 1,784 96 1,740 6,392 IS 0 (D) 585 0 30 52 0 0 10 239 70 0 (D) (D0J 0 59 37 173 0 80 (D) 6 119 1,920 480 186 1,372 30 0 237 0 0 123 <8 0 (D) 0 0 0 (D) 0 0 399 24 210 3 0 Information... ; Publishing industries Newspaper, periodical, book, and database publishers Software publishers Motion picture and sound recording industries Motion picture and video industries Sound recording industries Broadcasting and telecommunications Broadcasting, cable networks, and program distribution Telecommunications Information services and data processing services Information services Data processing services 45,450 15,589 13,389 2,200 12,584 9,184 3,399 13,255 160 13,095 4,022 3,815 9,448 23,690 10,463 8,627 1,836 2,606 242 (D Finance (except depository institutions) and insurance Finance (except depository institutions) Nondepository credit intermediation and related servjces Securities, commodity contracts, and other intermediation and related activities Funds, trusts, and other financial vehicles Insurance carriers and related activities Insurance carriers, except life insurance carriers Life insurance carriers Agencies, brokerages, and other insurance related activities Retail trade S D) D J 2,342 D i 4 141 1 (D) n 76 6 26 (D) (D) 0 99 0 3 1 1 0 0 0 0 1 0 16,814 5,207 4,415 792 (D D (D) 18 8,454 D) 2,009 (D) m (D 1 (D (Df J p (D (D) 3,115 3,055 10 10 0 I! I n 311 17 294 173 207 0 9 3^40 3,749 91 (D) 1 0 59 1 0 93,797 15,318 829 16,506 2,097 262 72,160 11,314 248 11,450 1,758 21 10,616 1,254 (D) 14,877 1,491 93 16,108 3,310 9 17,284 2,828 39 2,436 78 8 14,460 9Q c\) 78,479 34,424 39,620 4,435 1,835 11,058 1,737 ( ?j 1,390 2,790 /*\ 14,409 D) D) D 60,846 28,510 28,073 4,263 9,692 1,457 9,362 13,386 i4,4y sj ii 3,301 I*) 12,798 6,889 61 g 2,358 2,355 0 3 Real estate and rental and leasing Real estate Rental and leasing (except real estate) 17,760 14,046 3,714 2,829 2,659 171 6,770 3,972 2,798 530 194 337 1,715 1,559 157 943 n 175 175 1 2,082 735 1,347 799 784 15 7,268 6,539 Professional, scientific, and technical services Architectural, engineering, and related services Computer systems design and related services Management, scientific, and technical consulting Other Legal services Accounting, tax preparation, bookkeeping, and payroll services Specialized design services Scientific research and development services Advertising and related services Other professional, scientific, and technical services 15,421 1,199 253 442 6 499 11,838 3,252 2,565 337 5,685 (D) 4,173 510 819 147 2,697 0 0 0 7 (D) (D) 535 448 22 41 23 0 0 0 23 0 1,777 155 0 1 3,829 814 219 136 2,659 12 0 0 147 2,187 313 282 3 27 227 25 0 0 0 1,978 Other industries Agriculture, forestry, fishing, and hunting Mining Utilities Construction1 Transportation and warehousing Of which: Air transportation Rail transportation Water transportation Truck transportation Support activities for transportation Health care and social assistance Miscellaneous services. Educational services Arts, entertainment, and recreation Other services (except public administration and private households) * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. MNC Multinational company M0USA Majority-owned U.S. affiliate UBO Ultimate beneficial owner 585 6,644 21 (D (D) ^ 0 136 197 (D) 337 4,807 (D) 79,720 80 2,492 19,073 2,499 18,932 13,105 22 177 2,718 12 4,327 48,754 36 278 13,750 2,085 9,877 3,341 1,337 2 150 (J 660 172 (°)80D 68 (D) D D) 4,947 14 0 2 0 (D) (*) 1 2 0 535 (D) 13,649 0 1,419 (Dj 11,283 (D) (D) (D) 7,493 2,295 7,482 1,438 (D) 0 15 (D) 5,233 658 5,219 1,965 2,228 2,200 7,880 Management of companies and enterprises Administration, support, and waste management Administrative and support services. Of which: Employment services Travel arrangement and reservation services Waste management and remediation services Accommodation and food services Accommodation Food services and drinking places 3.880 4,312 (D) n60 571 (D) r 53 1 D 0 412 412 o g 379 (°)0 (D ^ 0 0 (D) (*)0 3 n0 (D) 5 15 (D) 8 5,929 ^6 3 (Dj 0 (D) (°)0 0 (D) (DJ 1,790 1,790 ! Q 0 (D) (0) n 20,683 19 7 (D J D 0 4,444 4,444 0 3,158 3,158 0 49 4,435 1,586 421 0 0 0 13 0 (D) 712 589 123 25 228 0 (D) 111 72 39 'i 2 (Dj 32 (D) 1 0 0 (D) 51 (D) (D) 1,170 1,144 26 (Dj 149 43 18 71 0 8 0 17 71 2 £T 8 0 6 (D) 528 (D) (D) (D) 17 Dj 2 (D) 317 0 (D) 5 (D) o 214 6,444 1,921 4,524 686 ' 11 (D) 6 68 (D) (D) (*) 1,178 35D5 2,060 14 29 484 (D) (D) 48 12 18 11 0 4,277 4 421 (D) 3 13,433 ... Q n o 28 1,583 i fl 9 1 «J 26 0 o 28 2,563 D (o l 950 49 D «j 5 2 4 66 107 D) 4 0 435 Dj 312 iSS 24 \c D D D D n U D 13,964 10 (D) D 374 (D) (D) •f (D) o (D) 1 11 (D) 5 (D) (D) 62 107 0 0 (0) I 1,888 1,269 88 19 \c. ! 929 4,220 3,871 349 94 93 1 26 0 26 0 123 0 rr 1,402 144 993 12 253 0 0 9 157 59 28 (0) 9,771 149 0 0 7 (*) (D) (Dj 2,506 293 0 0 0 0 (D) 0 0 0 0 1 n 82 0 1,712 0 0 0 639 0 0 r 0 0 0 (D) 1 1 °i 0 (Dj 3 (D 11 580 5 n 214 0 *) (D) 187 25 820 203 463 9 . D) 10 (D) 458 ^ 0 0 1 n 0 0 2 0 0 0 59 1 9°i DJ i jjj ( (D) (D 1,169 2,945 2,487 45 11 o !8j o D fj (Dj 0 (D| (D) 0 9 172 n 133 619 729 372 (D) 13 8 0 8 J I D 0 (Dj 0 0 4 (*) 3 r d (*)0 1. Because sales resulting from construction activities are recorded as sales of goods rather than as sales of services, the sales of services through MOUSA's in construction represent sales in secondary, non-construction industries. In 1999, sales of goods to U.S. residents by MOUSA's classified in construction were estimated to be $24.7 billion. These sales of goods were estimated by subtracting exports of goods from the total sales of goods. U.S. International Services 124 October 2002 Table 10.2. Sales of Services to U.S. Persons by Foreign MNC's Through Their Nonbank MOUSA's, Industry of Affiliate by Country of UBO, 2000 [Millions of dollars] Europe All rnuntrip*? 0) Total (3) (2) Switzerland United Kingdom (7) (8) (9) Of which: Canada UUUIILI iCD Other countries Latin Ml 1 I d lOd and Other Western Hemisphere France Germany Netherlands (4) (5) (6) Of which: Total (10) United States Australia Japan (11) (12) (13) 346,669 51,328 233,282 30,098 43,767 40,160 31,152 73,093 13,971 (D) 8,731 28,531 (D) Manufacturing Of which: Food Chemicals Primary and fabricated metals Machinery Computers and electronic products Electrical equipment, appliances, and components Transportation equipment 41,593 1,394 31,853 2,565 (D) (D) 589 4,228 (D) (D) 61 (D) 9 (Dj 1,27.6 722 2 1 (D) 13 (D) (D) D 405 0 26 (D) 124 0 276 0 74 2 223 0 1,099 79 D D 0 14 0 37 217 0 0 (Dj 48 20 2 0 30 0 63 (D (D 0 (D) 0 (D) 524 0 47 11 135 (Dj 0 75 (D) (D) 159 (D) 0 47 0 0 0 0 0 0 0 61 18 20 109 (D) 0 47 0 0 0 0 0 0 0 Wholesale trade Of which: Motor vehicles and motor vehicle parts and supplies Professional and commercial equipment and supplies 10,244 139 4,348 43 762 519 224 2,120 165 5,592 26 5,379 0 (D) 0 0 33 0 0 33 17 0 (D) 0 0 0 914 0 0 (D) (D) 1,524 0 0 0 0 All industries Retail trade Information Publishing industries Newspaper, periodical, book, and database publishers Software publishers Motion picture and sound recording industries Motion picture and video industries Sound recording industries Broadcasting and telecommunications Broadcasting, cable networks, and program distribution Telecommunications Information services and data processing services Information services Data processing services 3,109 8,088 n 2,960 o 76 2,937 2,227 1,436 409 22 203 6 0 83 0 26 (D) (D) 0 70 0 10,167 24,750 13,155 11,300 1,854 820 710 (D) 1,755 20 (D) (D) 15,801 6,078 5,284 (D) 19 1,142 180 46 133 9 0 9 D 603 28 794 D D) (D D 28 0 (D) 41 D) D) D D) 1,737 n0 (D) (D (D 240 D D (D) (D D D D D P D 72 0 72 (D) 0 (D) 69 10 0 1 1 169 1 D 11 rD D J (P) 304 9 (D) 10 0 107,392 28,195 1,076 16,753 4,376 332 85,396 21,600 360 8,891 2,328 22 14,369 4,096 (D) 27,072 47 79,197 37,498 37,268 4,431 4,044 Q 12,377 2,919 21,228 12 63,795 31,897 27,676 4,222 2,306 Q 6,563 1,475 Real estate and rental and leasing Real estate Rental and leasing (except real estate) 18,150 14,249 3,900 2,887 2,738 7,616 4,650 2,966 Professional, scientific, and technical services Architectural, engineering, and related services Computer systems design and related services Management, scientific, and technical consulting Other Legal services Accounting, tax preparation, bookkeeping, and payroll services Specialized design services Scientific research and development services Advertising and related services Other professional, scientific, and technical services 25,836 4,170 4,209 3,531 13,927 1,537 21,831 3,535 2,288 3,256 12,753 Other industries Agriculture, forestry, fishing, and hunting Mining Utilities Construction1 Transportation and warehousing Of which: Air transportation Rail transportation Water transportation Truck transportation Support activities for transportation 95,068 Management of companies and enterprises Administration, support, and waste management Administrative and support services Of which: Employment services Travel arrangement and reservation services Waste management and remediation services Health care and social assistance Accommodation and food services Accommodation Food services and drinking places Miscellaneous services Educational services Arts, entertainment, and recreation Other services (except public administration and private households) * Less than $500,000. D Suppressed to avoid disclosure of data of individual companies. MNC Multinational company MOUSA Majority-owned U.S. affiliate UBO Ultimate beneficial owner 1,501 47,977 17,542 15,248 2,294 12,439 /fj) (D) 13,009 12,840 4,987 4,683 Finance (except depository institutions) and insurance Finance (except depository institutions) Nondepository credit intermediation and related services Securities, commodity contracts, and other intermediation and related activities Funds, trusts, and other financial vehicles Insurance carriers and related activities Insurance carriers, except life insurance carriers Life insurance carriers Agencies, brokerages, and other insurance related activities (DJ no £.0 39 29 701 12,068 1,066 74 /'t 3,412 21,899 2,102 23,933 i (D) 149 276 594 6 660 ^2 0 138 245 (D) 18,429 n u 175 P 3,98 ?7 19 377 11,565 (D) 57,286 Aft 362 ( ?! (Di 4 0 8 (D) (D) 4,217 y 26 n U 0 2 (D) (D) D ( d u 0 4 10 0 1,799 3,081 0 0 (D) 2,985 (D 1,939 172 0 1 14 5,440 1,023 157 n U 27 3,357 18 1 159 5 (D) 2,717 466 0 12 0 17 8,828 24,090 4,564 c O c 0 5 0 0 760 n 937 1,002 498 563 HO \o 0 24 10,007 176 5,958 2,448 2,448 (D) 3,502 3,502 3 (0) (D 28 (D) 141 99 42 51 13 20 19 0 3 198 198 1 0 (D) (D) 672 (D) (D) 5 (D) (D) 0 0 964 619 346 3,426 3,055 126 125 2 28 0 28 0 (*) 1,260 IU 0 8,323 4,001 4,322 1,306 26 15,478 154 (D) 77 (D) 16 (D) 0 288 288 1,189 n 375 49 2,832 375 0 2 (D) 2,146 1,475 143 3,825 1,572 1,697 0 2,268 67 8 2,201 2,199 (D) 1 0 6 69 1,235 (D) 850 1,736 510 0 0 0 (D) 107 (D) 19 0 2 3,819 50 20 22 (D) 35 (D) 79 0 79 9 0 17 D D D D 935 919 16 6,585 5,818 316 4 29 254 1,959 29 n U 0 (D) •jO ( D 6 ! 42 522 767 356 (D) 11 0 10 174 (D) 41 14,507 12 n U (D P r (D 0 0 (* r r 371 74 951 9 226 n U 0 10 155 31 30 {u l n 194 •(D)o 3 (D) 0 0 1 (D) o 282 Q (D D D D 160 0 0 8 91 1 679 0 D) D) 2,592 57 (*) 76 0 0 0 0 (D) 2 53 342 0 111 4,038 0 0 0 0 1 1,863 0 0 2 0 0 0 (D) (D) 0 471 465 0 0 0 0 465 460 0 (D) (D) 0 37 0 12 394 6 0 0 0 12 392 6 0 238 0 (D) (D) 1 1 * n 2,891 2,282 0 4 (*) 4 599 5 230 (D) 723 546 176 49 12 27 (D) (D) 198 833 231 0 220 609 711 191 475 J63 10 (D) 11 46 D D 0 483 19,450 3,971 144 (D (D (D h 1,133 (D) 21,121 9,080 10 m °3 (D) 0 0 142 0 217 2 0 e (D *)0 *)0 O 5,656 (D) (D) 121 1 (D) 15,380 (D) 510 (D) 27 3 0 1,427 0 1,796 g 17,911 6,366 7 4 454 129 1,315 1,133 0 0 19,797 1,886 82 0 (D) (*) 0 0 16 5 299 (D) 676 n 0 26 0 *) 140 2,588 4 4 1,315 661 855 (D) 154 (D) 87 414 D) 95 SSI 0 249 244 (D) 2 1 1 (D) (Dj 351 216 24 85 154 4,315 117 (D) (D 13,078 6,073 (Si 8 6 2 931 84 87 129 312 D) D 1,016 10,309 10,646 1,395 (D) (D) D 2,052 1,430 10,658 2,080 D 477 202 275 15 0 2 0 (D) 0 700 571 17,110 16,980 1 0 1 0 61 (D) 18,143 18,003 ISj (0) (D) 13 (D) 86 (D) 10 0 (D) Ji 985 n 69 10 D D (D) (D) 0 (D) (D) 10,273 1,685 2,038 2,539 Si n19 0 0 9,070 (*) 12,041 7,403 11,756 1,415 13,159 167 353 D) D) D) (D) (D) (*) o n 0 1. Because sales resulting from construction activities are recorded as sales of goods rather than as sales of services, the sales of services through MOUSA's classified in construction represent sales in secondary, nonconstruction industries. In 2000, sales of goods to U.S. residents by MOUSA's in construction were estimated to be $25.1 billion. These sales of goods were estimated by subtracting exports of goods from the total sales of goods. October 2002 125 State Personal Income Revised Estimates for 1999-2001 By Jeffrey L. Newman T HE Bureau of Economic Analysis (BEA) has released revised estimates of State personal income for 1999-2001. These estimates incorporate the results of the recent annual revision of the national income and product accounts (NIPA's) and newly available State source data that are more complete, more detailed, and otherwise more appropriate than those that were previously available.1 In general, the revisions to personal income were relatively small. For the Nation, personal income for 2001 was revised up 0.7 percent. By State, the largest revisions were to personal income in Vermont, up 2.2 percent, and in Wyoming, up 2.1 percent. For 2001, the small upward revision to U.S. personal income based on the sum of the estimates for all States differs markedly from the substantial downward revision to the NIPA estimate of personal income in the recent annual revision. The difference primarily reflects the timing of the incorporation of the Bureau of Labor 1. See Eugene P. Seskin and Stephanie H. McCulla, "Annual Revision of the National Income and Product Accounts: Annual Estimates, 1999-2001 and Quarterly Estimates, 1999:1-2002:1," SURVEY OF CURRENT BUSINESS 82 (August 2002): 7-34. For a detailed description of the sources and methods used to prepare the estimates of State personal income, see U.S. Bureau of Economic Analysis, State Personal Income, 1929-97 (Washington, DC: U.S. Government Printing Office, May 1999), or go to BEAs Web site at <www.bea.gov>, select methodologies, regional programs, and State Personal Income, 1929-97. Personal Income in the NIPA's and State Personal Income The main differences between the national income and product accounts (NIPA) estimates of personal income and the State estimates of personal income stem from the treatment of the income of U.S. residents who are working abroad and the treatment of the income of foreign residents who are working in the United States. The national total of the State estimates of personal income consists of only the income earned by persons who live within the United States, including foreign residents working in the United States. The measure of personal income in the NIPA's is broader. It includes the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents on foreign assignment for less than a year, and it includes the investment income that is received by Federal retirement plans of Federal workers stationed abroad. Earnings of foreign residents are included only if they live and work in the United States for a year or more. The annual estimates of personal income in the NIPA's also differ from the national totals of State personal income because of differences in the timing of the availability of source data. For example, the national total of the State estimates of farm proprietors' income for 2001 was $1.2 billion greater than the NIPA estimate of farm proprietors' income because the State estimates include more recent data from the U.S. Department of Agriculture than were available when the NIPA estimate was prepared. Relation of National and State Estimates of Personal Income [Billions of dollars] 1999 Personal income, NIPA's.. 2000 7,786.5 2001 8,406.6 8,685.3 Less adjustments for: Coverage differences.... Federal workers abroad Wage and salary disbursements Other labor income Dividends, Merest, and rent 1 Less: Personal contributions for social insurance Rest-of-the-world 2 Use of more current source data Wage and salary disbursements Farm proprietors' income Equals: State personal income. 8.0 7.9 7.9 14.7 15.1 10.0 16.0 10.6 4.6 1.0 0.5 4.9 1.1 0.6 9.8 4.4 1.0 0.5 -6.7 -7.2 -8.1 -1.0 -0.1 -0.9 0.1 0.2 0.3 -1.1 -0.3 -1.2 7,779.5 8,398.8 8,678.3 1. Consists of the investment income received by Federal retirement plans that is attributed to Federal workers stationed abroad. 2. Consists of the wages and salaries received by U.S. residents working temporarily (less than a year) abroad and foreign residents working temporarily in the United States. NIPA National income and product accounts State Personal Income 126 Statistics (BLS) tabulations of wages and salaries for 2001. The preliminary annual estimates of State personal income that were published in the May SURVEY OF CURRENT BUSINESS, and that are updated by the revisions presented here, had already incorporated the BLS tabulations for three quarters of 2001 (see the box "Note on the Estimates of State Personal Income" in Duke Tran, "State Per Capita Personal Income and State Personal Income, 2001," SURVEY 82 (May 2002): 36-37). These tabulations were incorporated into the NIPA estimates as part of the recent annual revision.2 The revised estimates of personal income and per capita personal income by State for 2001 demonstrate the widespread weakness of the State economies last year. For the Nation, growth in personal income was revised down 0.4 percentage point, to 3.3 percent, from the preliminary estimate that was published in the May SURVEY. The weakness in State personal income was partly accounted for by slowdowns in both traditional and 2. BEA has recently changed its revision schedule for the NIPA estimates in order to incorporate the BLS data earlier, thus reducing future annual revisions to the NIPA wages and salary estimates (see the box "Revisions to Wages and Salaries and to Profits" in Seskin and McCulla, "Annual Revision" 24-25). high-tech manufacturing and in services.3 The weakness was concentrated mainly in the Great Lakes States and the Pacific Coast States (chart A). This article introduces a change in industry classification for the State-level earnings and employment estimates produced by BEA. The 2001 estimates presented here are based on new industry classifications derived from the 2002 version of the North American Industry Classification System (NAICS) (see the box "New Industry Classifications" on page 129). According to the State estimates for 2001, •Personal income for the Nation increased 3.3 percent after increasing 8.0 percent in 2000. The 3.3percent increase was the smallest since 1958, when personal income grew 2.8 percent. •The States in the fastest growing quintile accounted for only 10 percent of the Nation's personal income, while the States in the slowest growing quintile accounted for 34 percent. •Earnings of government employees (Federal, military, State, and local) grew at a faster rate—5.4 per3. "High-tech manufacturing" includes industries that manufacture computers, computer peripherals, communications equipment, and similar electronic products. U.S. growth rate=3.3 percent 1 1 Highest quintile P I Fourth quintile i I Third quintile i d Second quintile • Lowest quintile U.S. Bureau of Economic Analysis October 2002 October 2002 SURVEY OF CURRENT BUSINESS cent—than earnings of private employees—2.0 percent—for the first time since 1991. • In terms of per capita personal income levels, the States in the top quintile were unchanged from 2000. In the bottom quintile, South Carolina replaced Oklahoma. This article presents the revised estimates of State personal income and per capita personal income for 1999-2001, and it describes the sources and the effects of the revisions to the estimates for 1999-2001. The State personal income estimates for 1996-2001 are presented in tables 1-3 at the end of this article. In addition, the 2001 NAICS-based industry earnings are presented in table 4. (See also the box "Data Availability" on page 131.) Table A. Personal Income by State, 1999-2001 Percent c h a n g e 1 Millions of dollars Rank in U.S.2 Area name 1999 2000 2001 7,779,511 8,398,796 8,678,255 1999 2000 2001 1999 2000 2001 4.9 8.0 3.3 520,440 145,341 34,384 248,202 42,986 31,995 17,531 5.2 4.7 4.0 5.7 5.8 3.9 5.5 9.7 7.9 7.0 11.3 11.7 6.9 7.4 3.2 3.0 4.9 2.9 3.3 4.1 5.0 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 1,457,663 1,574,504 1,626,912 24,767 25,853 22,749 22,959 20,501 22,158 189,142 167,246 180,353 326,723 288,812 317,346 684,774 615,903 664,927 377,461 342,452 364,953 4.1 4.0 1.2 5.5 3.6 4.3 3.5 8.0 8.9 8.1 7.8 9.9 8.0 6.6 3.3 4.4 3.6 4.9 3.0 3.0 3.4 30 8 14 1? 36 27 37 17 5 15 36 6 40 38 30 Great Lakes Illinois Indiana Michigan Ohio Wisconsin 1,253,408 1,333,919 373,578 401,030 154,919 165,815 276,541 293,744 304,515 320,377 143,855 152,953 1,365,555 412,200 169,885 297,609 327,745 158,116 3.9 3.2 3.8 4.5 3.9 4.4 6.4 7.3 7.0 6.2 5.2 6.3 2.4 2.8 2.5 1.3 2.3 3.4 41 34 23 33 26 22 26 39 47 38 42 48 50 49 32 512,109 72,912 69,960 146,891 143,858 45,274 14,846 18,368 547,631 77,790 74,124 158,817 153,830 47,534 16,027 19,509 566,457 79,893 3.7 2.3 3.0 4.9 3.5 4.5 0.9 5.0 6.9 6.7 6.0 8.1 6.9 5.0 8.0 6.2 3.4 2.7 3.8 3.6 3.3 4.1 2.5 3.4 43 21 26 33 18 46 31 1,719,649 100,532 56,004 424,726 213,792 91,093 99,047 1,915,549 109,773 61,613 474,626 141,117 204,937 37,488 1,841,660 105,796 59,205 454,106 232,179 98,125 103,824 59,881 218,537 97,659 150,344 222,498 39,506 4.9 4.2 4.1 4.8 6.8 3.3 1.6 3.4 5.3 5.3 5.1 6.2 2.0 7.1 5.2 5.7 6.9 8.6 7.7 4.8 5.2 7.8 7.0 6.5 8.6 5.4 4.0 3.8 4.1 4.5 3.8 3.3 5.5 3.8 3.1 3.5 3.0 4.8 4.4 24 19 12 25 34 3 22 36 28 37 10 15 Southwest Arizona New Mexico Oklahoma Texas 774,892 120,257 37,772 77,474 539,390 841,016 130,982 39,772 83,035 587,228 875,906 137,314 42,354 86,750 609,489 5.2 6.5 2.5 3.7 5.4 8.5 8.9 5.3 7.2 8.9 4.1 4.8 6.5 4.5 3.8 1 13 23 Rocky Mountain Colorado Idaho Montana Utah Wyoming 238,279 128,192 28,931 19,380 48,923 12,855 261,082 142,752 31,314 20,678 52,622 13,717 271,486 147,860 32,525 21,673 54,884 14,544 6.7 8.3 6.9 2.3 4.6 6.0 9.6 11.4 8.2 6.7 7.6 6.7 4.0 3.6 3.9 4.8 4.3 6.0 27 20 9 16 2 1,363,741 1,494,673 17,570 18,773 994,862 1,099,375 32,573 34,308 55,330 59,948 89,084 95,406 174,321 186,863 1,535,950 19,641 1,128,256 35,510 62,966 97,814 191,763 6.5 2.5 6.8 2.3 6.4 4.4 6.8 6.8 10.5 5.3 8.3 7.1 7.2 2.8 4.6 2.6 3.5 5.0 2.5 2.6 11 44 29 4 47 45 United States New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont 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 Far West Alaska California Hawaii Nevada Oregon Washington 459,770 130,762 30,640 216,822 37,253 28,749 15,544 56,920 202,744 91,249 504,311 141,151 32,793 241,318 41,630 30,728 16,691 76,973 164,589 158,906 49,489 16,434 20,174 240,896 101,326 109,560 62,163 225,234 101,110 154,911 233,107 41,230 1. Percent change calculated using unrounded personal income data. 2. Rank calculated using unrounded percent change data 39 7 41 35 17 5 127 Personal income for States for 2001 In the States in the top quintile for personal income growth—New Mexico, Wyoming, Louisiana, Nevada, Vermont, Maryland, Maine, Arizona, Montana, and Virginia—the growth rates in personal income ranged from 1.5 percentage points to 3.2 percentage points more than the 3.3-percent growth rate of the Nation (table A). Arizona and Virginia are the only two States that have been in the top quintile since 1999. New Mexico and Louisiana were in the bottom quintile in 1999 and 2000. In the States in the bottom quintile—Massachusetts, Illinois, Iowa, California, Washington, North Da- Acknowledgments The revised estimates of State personal income were prepared by the Regional Economic Measurement Division under the direction of Robert L. Brown, Chief. The preparation of the revised estimates was a divisionwide effort. The estimates of nonfarm wages and salaries and other labor income were prepared by the Regional Wage Branch under the supervision of Sharon C. Carnevale, Chief. Major responsibilities were assigned to Elizabeth P. Cologer, Mauricio Ortiz, Michael G. Pilot, John A. Rusinko, and James M. Scott. Contributing staff members were Michael L. Berry, Kristin M. Chambliss, Susan P. Den Herder, Lisa B. Emerson, John D. Laffman, Lela S. Lester, Russell C. Lusher, Richard A. Lutyk, Paul K. Medzerian, Michael Phillips, Adrienne T. Pilot, Curtis Roberson, Victor A. Sahadachny, Elizabeth R Stell, and Jaime Zenzano. The estimates of farm wages and salaries and other labor income and of proprietors' income, property income, transfer payments, personal contributions for social insurance, and the adjustment for residence were prepared by the Regional Income Branch under the supervision of James M. Zavrel, Chief. Major responsibilities were assigned to Charles A. Jolley, Jeffrey L. Newman, and James P. Stehle. Contributing staff members were Suet M. Boudhraa, Elaine M. Briccetti, Carrie L. Case, Daniel R. Corrin, Keren Israeli, Toan A. Ly, W. Tim McKeel, and Marianne A. Ziver. The estimates of personal tax and nontax payments were prepared by Ann E. Dunbar under the supervision of Robert L. Brown. The public use tabulations and data files were assembled and the tables and text for this publication were prepared by the Regional Economic Information System Branch under the supervision of Kathy A. Albetski, Chief. Major responsibilities were assigned to Gary V. Kennedy. Contributing staff members were H. Steven Dolan, Michael J. Paris, Callan S. Swenson, Monique B. Tyes, and Mary C. Williams. State Personal Income 128 kota, Oregon, Indiana, Ohio, and Michigan—the growth rates in personal income ranged from 0.4 percentage point to 2.0 percentage points less than the Nation's growth rate. California was in the top quintile in 1999 and 2000, and Massachusetts was in the top quintile in 2000. Illinois, Indiana, Iowa, Michigan, Ohio, and Oregon had below-average growth in all 3 years. In 2001, growth in earnings in the government sector, at 5.4 percent, exceeded the growth in earnings in the private sector, at 2.0 percent, for the first time since 1991.4 Since 1991, government-sector earnings increased an average of 4.2 percent, while private-sector earnings increased an average of 5.6 percent. 4. "Private" sector earnings include farm earnings and private nonfarm earnings. Table B. Per Capita Personal Income by State, 1999-2001 Dollars Percent of the U.S. average Percent change Area name 1999 2000 2 0 0 1 1999 2000 2001 1999 2000 2001 27,880 29,770 30,472 3.7 6.8 2.4 New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont 33,226 38,614 24,187 34,322 30,485 27,632 25,705 36,167 41,392 25,681 37,960 33,576 29,258 27,376 37,115 42,435 26,723 38,907 34,138 30,215 28,594 4.4 4.1 3.3 4.9 4.4 3.0 4.7 8.9 7.2 6.2 10.6 10.1 5.9 6.5 2.6 2.5 4.1 2.5 1.7 3.3 4.4 119 139 87 123 109 99 92 121 139 86 128 113 98 92 122 139 88 128 112 99 94 Mideast Delaware District of Columbia, Maryland New Jersey New York Pennsylvania 31,616 29,354 35,953 31,829 34,549 32,617 27,924 33,956 31,500 38,801 33,959 37,649 35,016 29,713 34,968 32,472 40,150 35,188 38,509 36,019 30,720 3.4 2.4 0.3 4.5 2.7 3.6 3.4 7.4 7.3 7.9 6.7 9.0 7.4 6.4 3.0 3.1 3.5 3.6 2.3 2.9 3.4 113 105 129 114 124 117 100 114 106 130 114 126 118 100 115 107 132 115 126 118 101 Great Lakes Illinois Indiana Michigan Ohio Wisconsin 27,873 30,227 25,628 27,942 26,864 26,976 29,505 32,248 27,228 29,516 28,202 28,471 30,103 33,023 27,783 29,788 28,816 29,270 3.3 2.4 3.0 4.0 3.6 3.7 5.9 6.7 6.2 5.6 5.0 5.5 2.0 2.4 2.0 0.9 2.2 2.8 100 108 92 100 96 97 99 108 91 99 95 96 99 108 91 98 95 96 Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota 26,769 24,990 26,121 30,141 25,865 26,558 23,043 24,477 28,429 26,572 27,537 32,207 27,452 27,756 25,007 25,823 29,313 27,331 28,565 33,101 28,226 28,886 25,902 26,664 3.0 1.8 2.4 3.6 2.8 4.0 1.4 4.4 6.2 6.3 5.4 6.9 6.1 4.5 8.5 5.5 3.1 2.9 3.7 2.8 2.8 4.1 3.6 3.3 96 90 94 108 93 95 83 95 89 92 108 92 93 84 87 96 90 94 109 93 95 85 Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia 25,079 22,693 21,119 26,951 26,571 22,671 22,204 20,124 25,504 22,958 25,026 29,276 20,691 26,501 23,766 22,108 28,286 28,212 24,244 23,227 21,017 27,055 24,273 26,367 31,320 21,861 27,246 24,589 22,887 28,947 28,733 24,923 24,535 21,750 27,514 24,886 26,988 32,431 22,881 3.5 3.6 3.1 3.0 4.4 2.5 1.2 2.5 3.4 3.8 3.8 4.7 2.3 5.7 4.7 4.7 5.0 6.2 6.9 4.6 4.4 6.1 5.7 5.4 7.0 5.7 2.8 3.5 3.5 2.3 1.8 2.8 5.6 3.5 1.7 2.5 2.4 3.5 4.7 90 81 76 97 95 81 80 72 91 82 90 105 74 80 74 95 95 81 78 71 91 82 89 105 73 81 75 95 94 82 81 71 90 82 89 106 75 Southwest Arizona New Mexico Oklahoma Texas 25,137 23,937 20,891 22,540 26,237 26,796 25,358 21,837 24,046 28,035 27,439 25,872 23,155 25,071 28,581 3.2 3.5 1.7 2.8 3.3 5.9 4.5 6.7 6.9 2.4 2.0 6.0 4.3 1.9 90 86 75 81 94 90 85 73 81 90 85 76 82 Rocky Mountain Colorado Idaho Montana Utah Wyoming 26,200 30,334 22,679 21,593 22,202 26,139 28,190 33,018 24,101 22,895 23,476 27,767 28,859 33,470 24,621 23,963 24,180 29,416 4.6 5.5 4.9 1.7 2.8 5.8 7.6 8.8 6.3 6.0 5.7 6.2 2.4 1.4 2.2 4.7 3.0 5.9 94 109 81 77 80 94 95 111 81 77 79 93 95 110 81 79 79 97 United States Far West Alaska California Hawaii Nevada Oregon Washington 29,324 28,122 29,698 26,913 28,598 26,248 29,836 31,669 29,913 32,334 28,301 29,696 27,821 31,627 32,047 30,936 32,702 29,002 29,897 28,165 32,025 October 2002 Fastest growing States. For States in the top quintile, earnings growth in government, in construction, in retail trade, in finance, insurance, and real estate, and in services more than offset weakness in other sectors. These States received 21 percent of their total earnings from the government sector, compared with 16 percent for the Nation as a whole.5 Thus, growth was concentrated mainly in the State and local government sectors. New Mexico received the largest percentage of its earnings from the government sector, at 28 percent. Only Nevada's percentage, at 15 percent, was below the national average. The top quintile States account for approximately 10 percent of the U.S. population. Only 3 of the States—Virginia (12), Maryland (19), and Arizona (20)—are among the 20 most populous States. Six of the States—Nevada (35), New Mexico (36), Maine (40), Montana (44), Vermont (49), and Wyoming (50)—had population rankings of 35 or lower. Slowest growing States. With the exception of North Dakota, the States in the bottom quintile had sharp declines in earnings in both traditional and high-tech manufacturing and declines in wholesale trade. North Dakota and Iowa had large declines in farm earnings. The bottom quintile States account for approximately a third of the U.S. population. Seven of the States—California (1), Illinois (5), Ohio (7), Michigan (8), Massachusetts (13), Indiana (14), and Washington (15)—are among the 15 most populous States in the Nation. Per capita personal income for States for 2001 The States in the top quintile for per capita personal income levels in 2001 were Connecticut ($42,435), Massachusetts ($38,907), New Jersey ($38,509), New York ($36,019), Maryland ($35,188), New Hampshire ($34,138), Colorado ($33,470), Minnesota ($33,101), Illinois ($33,023), and California ($32,702) (table B). These States also composed the top quintile in 2000. The per capita income levels within the quintile ranged from 107 percent (California) to 139 percent (Connecticut) of the national average of $30,472. The States in the bottom quintile for per capita personal income levels in 2001 were Mississippi ($21,750), West Virginia ($22,881), Arkansas ($22,887), New Mexico ($23,155), Montana ($23,963), Utah ($24,180), Louisiana ($24,535), Alabama ($24,589), 5. Beginning in 2001, wage and salary estimates for the establishments of American Indian Tribal Councils are included in the local government 4.8 1.7 5.2 2.7 1.9 3.2 5.5 6.4 8.9 5.2 3.8 6.0 6.0 1.2 3.4 1.1 2.5 0.7 1.2 1.3 105 101 107 97 103 94 107 106 100 109 95 100 93 106 105 102 107 95 98 92 105 component. Prior to 2001, these estimates were included in the relevant private industry components. For example, wages and salaries that were earned in casinos owned by tribal councils before 2001 were included in the Standard Industrial Classification Recreational Services." services component "Amusement and October 2002 SURVEY OF CURRENT BUSINESS Idaho ($24,621), and South Carolina ($24,886). South Carolina, which replaced Oklahoma, is the only State that was not also in the bottom quintile in 2000. Sources of the revisions Many of the revisions to the national estimates of personal income involve detailed estimation that cannot be replicated at the State level, because the underlying source data are not available for States. These revisions are implicitly incorporated into the State estimates through the use of the national estimates as control totals. In addition, the revisions to the State estimates reflect the incorporation of newly available State-level source data. For wage and salary disbursements, other labor income, and personal contributions for social insurance, the estimates for 2001 incorporate newly available BLS tabulations of wages and salaries of employees covered by State unemployment insurance (UI) for the fourth quarter of 2001 and revised tabulations for the first three quarters. Previously, the estimates for 2001 were based on preliminary UI data for the first three quarters and on extrapolations for the fourth quarter that were based on data from the BLS monthly Current 129 Employment Survey. For farm proprietors' income, the estimates for 1999-2000 incorporate revised national and State estimates of farm income from the U.S. Department of Agriculture (USDA). The estimates for 2001 incorporate new USDA estimates of farm expenses and revised estimates of production income and government subsidy payments. For nonfarm proprietors' income, the estimates incorporate newly available Internal Revenue Service (IRS) tabulations from the income tax returns of sole proprietors and partnerships for 1999. The estimates for 2000-2001 are now based on extrapolations of the tabulations for 1999. For dividends, interest, and rent, the estimates for 2000 incorporate newly available IRS tabulations of individual tax returns for 2000, and the estimates for 2001 are based on extrapolations of these tabulations. Previously, the 2000 and 2001 estimates were based on extrapolations of tabulations for 1999. For transfer payments, the estimates for 2001 incorporate newly available data from agencies that administer benefit programs, such as data from the Social Security Administration on the benefits disbursed un- New Industry Classifications The estimates of State personal income for 2001 are now based on the 2002 version of the North American Industry Classification System (NAICS), the common classification system for the United States, Canada, and Mexico that was adopted in 1997.1 NAICS replaced the 1987 Standard Industrial Classification (SIC) system, which was the basis of the previously published State personal income estimates.2 BEA received State-level estimates of employment and wages—which are the product of the Federal-State Covered Employment and Wages, or ES-202, Program—for 2001 from the Bureau of Labor Statistics (BLS) on a 2002 NAICS basis. Some NAICS classifications had to be adapted for use in BEA's estimates of earnings and employment because BEA provides estimates for the Federal, State, and local governments. For example, the estimates of employment and earnings for teachers employed by local governments are shown by BEA under the category "Local Government" instead of under the 1. See John R. Kort, "The North American Classification System in BEA's Economic Accounts" SURVEY OF CURRENT BUSINESS 81 (May 2001): 7-13. See also Office of Management and Budget, North American Industry Classification System: United States, 2002 (Lanham, MD: Bernan Press, 2002). Information on NAICS can be accessed on the Internet at <www.census.gov/epcd/www/naics.html>. 2. See Office of Management and Budget, Standard Industrial Classification Manual, 1987, (Washington, DC: U.S. Government Printing Office, 1987). NAICS category "Educational Services." BEA uses ownership codes provided by BLS to identify the government employees. For private-sector employees, BEA prepared earnings and employment estimates at the three-digit NAICS level for 2001 and at the two-digit SIC level for 1958-2000.3 For 2001 only, BEA also prepared State-level earnings and employment estimates with division-level SIC components in order to provide a "bridge" between the NAICS industries and the SIC industries. In May 2003, BEA will release county and metropolitan area estimates of earnings and employment for 2001 on a NAICS basis. Earnings will be available at a threedigit NAICS level, while employment will be available at the less detailed NAICS sector level. BEA will not prepare 2001 earnings and employment estimates by divisionlevel SIC for counties and metropolitan areas, because suppressions for 2001 are not available from BLS on an SIC basis. Estimates of earnings and employment for 1969-2000 will be published only on the SIC basis. In July 2003, BEA will release quarterly State estimates of earnings at the NAICS-sector level beginning with the first quarter of 2001. Estimates for earlier quarters will remain on the SIC basis. 3. Table 3, at the end of this article, presents earnings estimates on an SIC-basis for 1999-2001. Table 4 presents earnings on a NAICS-basis for 2001. State Personal Income 130 der the social security retirement and supplemental security income programs and data from the Centers for Medicare and Medicaid Services on the benefits disbursed under the medicare and medicaid programs. Previously, the estimates of these benefits and of most other subcomponents of transfer payments for 2001 were based on extrapolations of 2000 data; data for 2001 were only available for unemployment compensation. October 2002 Revisions Personal income for the Nation was revised up 0.1 percent for 1999, 1.0 percent for 2000, and 0.7 percent for 2001. For 1999, personal income was revised up for 29 States; for 2000, personal income was revised up for 48 States; and for 2001, personal income was revised up for 45 States (table C). The largest revisions were to personal income in Vermont, which was revised up 0.7 percent for 1999, Table C. Revisions to Personal Income for States and Regions, 1999-2001 [Millions of dollars] Revised United States Percent revision 1 Revision Area name 1999 2000 2001 1999 2000 2001 7,779,511 8,398,796 8,678,255 10,144 84,764 57,232 0.1 1.0 0.7 459,770 130,762 30,640 216,822 37,253 28,749 15,544 -502 587 -103 -1,028 73 -142 111 71 114 -168 988 -614 600 -848 1,812 -910 18 872 1,262 570 -11 82 -92 176 -69 -168 48 12 5,347 2,355 384 1,629 504 152 322 3,443 1,728 435 401 265 245 370 -0.1 0.5 -0.3 -0.5 0.2 -0.5 0.7 1.1 1.7 1.2 0.7 1.2 0.5 2.0 0.7 1.2 1.3 0.2 0.6 0.8 2.2 16,144 384 -21 2,535 4,478 6,207 2,562 8,210 279 -199 1,280 3,017 2,568 1,264 0.0 0.5 -0.8 0.6 -0.2 0.1 -0.2 15,093 4,875 1,795 3,875 2,559 1,990 3,877 412 439 1,341 1,382 215 191 -102 11,561 3,342 1,536 2,501 2,240 1,941 4,004 140 156 1,542 1,109 552 231 274 0.1 -0.2 0.0 0.3 0.4 0.4 0.0 0.1 -0.1 0.1 0.0 -0.4 0.3 0.1 1.0 1.6 -0.1 1.4 1.4 0.9 0.7 1.1 1.2 1.1 1.3 0.8 1.3 0.7 0.5 0.6 0.9 0.9 0.5 1.2 -0.5 0.5 1.1 -0.9 0.7 0.9 0.4 0.3 0.9 0.8 0.9 0.8 0.7 1.2 0.7 0.2 0.2 0.9 0.7 1.1 1.4 1.4 0.9 0.7 -0.1 1.6 1.0 -0.5 1.9 0.5 0.3 1.2 0.9 0.4 0.7 0.6 1.5 0.0 1.1 0.3 1.3 1.6 1.5 1.8 -0.1 2.1 0.3 -0.2 0.1 1.6 0.1 0.6 1.4 2001 1999 2000 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 1,457,663 22,749 20,501 167,246 288,812 615,903 342,452 504,311 141,151 32,793 241,318 41,630 30,728 16,691 1,574,504 24,767 22,158 180,353 317,346 664,927 364,953 Great Lakes Illinois Indiana Michigan Ohio Wisconsin 1,253,408 373,578 154,919 276,541 304,515 143,855 512,109 72,912 69,960 146,891 143,858 45,274 14,846 18,368 1,333,919 401,030 165,815 293,744 320,377 152,953 547,631 77,790 74,124 158,817 153,830 47,534 16,027 19,509 520,440 145,341 34,384 248,202 42,986 31,995 17,531 1,626,912 25,853 22,959 189,142 326,723 684,774 377,461 1,365,555 412,200 169,885 297,609 327,745 158,116 566,457 79,893 76,973 164,589 158,906 49,489 16,434 20,174 1,719,649 100,532 56,004 424,726 213,792 91,093 99,047 56,920 202,744 91,249 141,117 204,937 37,488 774,892 120,257 37,772 77,474 539,390 1,841,660 105,796 59,205 454,106 232,179 98,125 103,824 59,881 218,537 97,659 150,344 222,498 39,506 841,016 130,982 39,772 83,035 587,228 1,915,549 109,773 61,613 474,626 240,896 101,326 109,560 62,163 225,234 101,110 154,911 233,107 41,230 875,906 137,314 42,354 86,750 609,489 9,286 -4 31 5,630 585 -45 -315 43 1,611 205 1,713 -158 -11 1,193 918 -106 120 261 21,332 1,093 301 8,366 • 3,440 643 611 336 1,400 1,098 2,401 1,420 223 9,025 1,913 -171 1,367 5,916 16,895 728 -69 7,437 2,475 -545 2,014 308 785 1,186 1,316 978 282 5,083 2,089 -13 984 2,023 0.5 0.0 0.1 1.3 0.3 0.0 -0.3 0.1 0.8 0.2 1.2 -0.1 0.0 0.2 0.8 -0.3 0.2 0.0 238,279 128,192 28,931 19,380 48,923 12,855 261,082 142,752 31,314 20,678 52,622 13,717 271,486 147,860 32,525 21,673 54,884 14,544 874 539 392 93 -226 75 3,640 2,527 486 341 90 195 3,390 2,268 481 390 -50 301 0.4 0.4 1.4 0.5 -0.5 0.6 1.2 1.0 0.5 1.9 1.5 0.7 0.6 0.6 0.6 1.1 1.6 0.6 0.6 1.1 1.5 -0.4 1.7 1.0 1.4 1.8 1.6 1.7 0.2 1.4 1,363,741 17,570 994,862 32,573 55,330 89,084 174,321 1,494,673 18,773 1,099,375 34,308 59,948 95,406 186,863 1,535,950 19,641 1,128,256 35,510 62,966 97,814 191,763 -2,578 81 -2,488 137 -364 -44 101 10,305 170 6,309 545 383 552 2,346 4,646 -38 831 549 80 574 2,652 -0.2 0.5 -0.2 0.4 -0.7 0.0 0.1 0.7 0.9 0.6 1.6 0.6 0.6 1.3 New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont 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 Alaska California Hawaii Nevada Oregon Washington 1. Revision as a percentage of the previously published estimate; calculated from unrounded data. October 2002 SURVEY OF CURRENT BUSINESS 2.0 percent for 2000, and 2.2 percent for 2001, and to personal income in Wyoming, which was revised up 0.6 percent for 1999, 1.4 percent for 2000, and 2.1 percent for 2001. For Vermont, upward revisions to dividends, interest, and rent for 1999-2001 contributed to 131 the upward revisions to personal income. For Wyoming, upward revisions to dividends, interest, and rent and to proprietors' income for 1999-2001 contributed to the upward revisions to personal income. Tables 1 through 4 follow. Data Availability This article presents summary estimates of personal income and disposable personal income for 1996-2001 and of personal income by major source and earnings by industry for 1999-2001. These estimates and more detailed estimates of personal income and employment for States are available interactively on BEA's Web site. Go to <www.bea.gov/bea/regional/spi/> to access these estimates. The following estimates are available: • Personal income, per capita personal income, and population for 1929-57 and for 1958-2001 • Disposable personal income and per capita disposable personal income for 1948-57 and for 1958-2001 • Personal income by major source and earnings by industry (North American Industry Classification System (NAICS) three digit) for 2001 and (Standard Industrial Classification (SIC) two digit) for 19582000 • Personal income by major source and earnings by major industry (SIC division level) for 1929-57 and for 2001 • Wage and salary disbursements by industry (NAICS three digit) for 2001 and (SIC two digit) for 1958-2000 • Wage and salary disbursements by major industry (SIC division level) for 1929-57 and for 2001 • Full-time and part-time employment by industry (NAICS three digit) for 2001, (SIC two digit) for 19692000, and (SIC division level) for 2001 • Full-time and part-time wage and salary employment by industry (NAICS three digit) for 2001, (SIC two digit) for 1969-2000, and (SIC division level) for 2001 • State economic profiles (a selection of personal income and employment data for each State) for 1958-2001 • Transfer payments by major program for 1948-57 and for 1958-2001 • Farm income and expenses (including the major categories of gross receipts and expenses for all farms and for measures of farm income) for 1969-2001 • Personal tax and nontax payments by level of government and by type for 1948-57 and for 1958-2001 In addition, the entire set of estimates for all States will be available in October 2002 on a CD-ROM with an updated description of the sources and methods used to estimate State personal income. To order the CD-ROM State Personal Income, 1929-2001 (price $35, product number RCN-0299), call the Order Desk at 1-800-7040415 (outside the United States, call 202-606-9666). The State personal income estimates are also available through the members of the BEA User Group, which consists of State agencies and universities that help BEA disseminate the estimates in their States. For a list of the BEA User Group on BEA's Web site, go to <www.bea.gov/ bea/regional/docs/usergrp.htm>. For more information about these estimates, call the Regional Economic Information System at 202-6065360, fax 202-606-5322, or e-mail reis.remd@bea.gov. State Personal Income 132 October 2002 Table 1. Personal Income and Per Capita Personal Income by State and Region, 1996-2001 Per capita personal income1 Personal income Area name 1996 United States New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania Great Lakes Illinois Indiana Michigan Ohio Wisconsin Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia Southwest Arizona New Mexico Oklahoma Texas Rocky Mountain Colorado Idaho Montana Utah Wyoming Far West Alaska California Hawaii Nevada Oregon Washington Percent change2 Millions of dollars 1997 1999' 7,779,511 459,770 130,762 30,640 216,822 37,253 28,749 15,544 8,398,796 504,311 141,151 32,793 241,318 41,630 30,728 16,691 1,400,562 21,879 20,255 158,501 278,788 590,406 330,733 1,206,886 362,081 149,318 264,520 293,208 137,759 493,714 71,280 67,896 140,031 138,987 43,313 14,709 17,497 1,639,428 96,481 53,784 405,146 200,104 88,148 97,458 55,072 192,577 86,672 134,241 193,007 36,738 1,457,663 22,749 20,501 167,246 288,812 615,903 342,452 1,574,504 24,767 22,158 180,353 317,346 664,927 364,953 1,253,408 373,578 154,919 276,541 304,515 143,855 736,392 112,895 36,857 74,677 511,964 774,892 120,257 37,772 77,474 539,390 223,322 118,413 27,066 18,942 46,772 12,129 238,279 128,192 28,931 19,380 48,923 12,855 1,281,057 17,138 931,564 31,841 52,017 85,305 163,192 1,363,741 17,570 994,862 32,573 55,330 89,084 174,321 1,333,919 401,030 165,815 293,744 320,377 152,953 547,631 77,790 74,124 158,817 153,830 47,534 16,027 19,509 1,841,660 105,796 59,205 454,106 232,179 98,125 103,824 59,881 218,537 97,659 150,344 222,498 39,506 841,016 130,982 39,772 83,035 587,228 261,082 142,752 31,314 20,678 52,622 13,717 1,494,673 18,773 1,099,375 34,308 59,948 95,406 186,863 6,538,103 384,144 109,354 26,434 180,237 30,228 24,818 13,073 6,928,545 408,231 116,421 27,773 191,596 32,397 26,293 13,752 7,418,497 1,255,345 19,369 18,517 140,809 246,659 530,990 299,001 1,079,799 322,790 132,890 238,095 264,162 121,864 439,948 64,696 60,074 122,080 123,992 39,618 13,607 15,883 1,445,912 87,221 48,700 355,136 172,935 78,221 87,879 48,898 167,638 76,287 119,287 169,938 33,771 1,315,810 20,145 19,135 148,826 260,705 553,543 313,457 624,034 95,787 33,232 66,289 428,726 192,141 100,012 24,173 16,992 40,354 10,609 677,462 103,702 34,860 69,951 468,950 206,847 108,765 25,226 17,726 43,696 11,433 1,187,299 16,488 861,557 31,218 47,258 80,575 150,203 1,116,779 15,762 812,404 30,393 43,331 75,561 139,328 1,138,557 340,594 139,459 250,216 279,367 128,920 462,173 67,938 63,728 129,020 131,144 40,724 13,332 16,288 1,532,165 91,284 51,055 377,673 183,757 82,927 92,286 51,598 179,691 81,045 125,457 180,190 35,202 2000' 437,134 124,880 29,469 205,176 35,198 27,673 14,738 512,109 72,912 69,960 146,891 143,858 45,274 14,846 18,368 1,719,649 100,532 56,004 424,726 213,792 91,093 99,047 56,920 202,744 91,249 141,117 204,937 37,488 ' Revised. 1. Per capita personal income was computed using midyear population estimates of the Bureau ot the Census. 2. Percent change was calculated from unrounded data. NOTE. The personal income level shown for the United States is derived as the sum of the State estimates. It differs from 2001' Rank in U.S. Dollars 1996 1997 1998 1999' 8,678,255 520,440 145,341 34,384 248,202 42,986 31,995 17,531 1,626,912 25,853 22,959 189,142 326,723 684,774 377,461 1,365,555 412,200 169,885 297,609 327,745 158,116 566,457 79,893 76,973 164,589 158,906 49,489 16,434 20,174 1,915,549 109,773 .61,613 474,626 240,896 101,326 109,560 62,163 225,234 101,110 154,911 233,107 41,230 3.3 24,270 25,412 26,893 27,880 3.2 3.0 4.9 2.9 3.3 4.1 5.0 28,340 32,773 21,163 29,166 25,733 24,310 22,019 29,924 34,759 22,134 30,773 27,238 25,643 23,026 31,829 37,108 23,404 32,714 29,187 26,837 24,547 33,226 38,614 24,187 34,322 30,485 27,632 25,705 3.3 4.4 3.6 4.9 3.0 3.0 3.4 27,661 26,140 32,352 27,545 30,266 28,566 24,467 28,868 26,807 33,704 28,857 31,720 29,670 25,635 30,565 28,662 35,836 30,455 33,640 31,478 27,008 2.4 2.8 2.5 1.3 2.3 3.4 24,408 26,672 22,501 24,398 23,496 23,301 25,589 27,950 23,418 25,509 24,772 24,481 3.4 2.7 3.8 3.6 3.3 4.1 2.5 3.4 23,520 22,464 22,977 25,904 22,828 23,670 20,921 21,399 4.0 3.8 4.1 4.5 3.8 3.3 5.5 3.8 3.1 3.5 3.0 4.8 4.4 22,038 20,138 18,934 23,909 23,055 19,957 19,978 17,793 22,350 20,096 22,022 25,173 18,527 875,906 137,314 42,354 86,750 609,489 4.1 4.8 6.5 4.5 3.8 21,504 20,883 18,964 19,846 22,167 271,486 147,860 32,525 21,673 54,884 14,544 4.0 3.6 3.9 4.8 4.3 6.0 1,535,950 19,641 1,128,256 35,510 62,966 97,814 191,763 2.8 4.6 2.6 3.5 5.0 2.5 2.6 2000' 2001' 30,472 31,616 29,354 35,953 31,829 34,549 32,617 27,924 29,770 36,167 41,392 25,681 37,960 33,576 29,258 27,376 33,956 31,500 38,801 33,959 37,649 35,016 29,713 26,983 29,505 24,891 26,860 25,921 26,004 27,873 30,227 25,628 27,942 26,864 26,976 24,517 23,499 24,182 27,086 23,926 24,148 20,520 21,885 26,001 24,555 25,519 29,092 25,171 25,541 22,716 23,453 22,432 25,514 20,093 19,173 19,514 21,732 22,986 20,899 19,628 24,869 23,911 20,979 20,874 18,580 23,468 20,998 22,814 26,385 19,351 22,868 21,892 19,641 20,739 23,756 23,651 27,067 20,534 19,920 20,613 23,360 25,201 25,901 25,373 25,249 26,004 23,270 25,015 26,353 26,898 26,521 25,765 26,789 24,385 26,469 37,115 42,435 26,723 38,907 34,138 30,215 28,594 1 35 2 6 16 26 34,968 32,472 40,150 35,188 38,509 36,019 30,720 5 3 4 15 29,505 32,248 27,228 29,516 28,202 28,471 30,103 33,023 27,783 29,788 28,816 29,270 9 31 18 24 20 26,769 24,990 26,121 30,141 25,865 26,558 23,043 24,477 28,429 26,572 27,537 32,207 27,452 27,756 25,007 25,823 29,313 27,331 28,565 33,101 28,226 28,886 25,902 26,664 33 28 8 29 23 37 36 24,242 21,904 20,479 26,161 25,447 22,118 21,948 19,635 24,661 22,115 24,101 27,968 20,234 25,079 22,693 21,119 26,951 26,571 22,671 22,204 20,124 25,504 22,958 25,026 29,276 20,691 26,501 23,766 22,108 28,286 28,212 24,244 23,227 21,017 27,055 24,273 26,367 31,320 21,861 27,246 24,589 22,887 28,947 28,733 24,923 24,535 21,750 27,514 24,886 26,988 32,431 22,881 43 48 22 25 40 44 50 32 41 34 12 49 24,352 23,118 20,551 21,930 25,398 25,137 23,937 20,891 22,540 26,237 27,439 25,872 23,155 25,071 28,581 38 47 39 27 25,041 28,764 21,612 21,225 21,594 24,714 26,200 30,334 22,679 21,593 22,202 26,139 28,859 33,470 24,621 23,963 24,180 29,416 7 42 46 45 19 27,972 27,645 28,240 26,201 28,069 25,446 28,285 29,324 28,122 29,698 26,913 28,598 26,248 29,836 26,796 25,358 21,837 24,046 28,035 28,190 33,018 24,101 22,895 23,476 27,767 31,669 29,913 32,334 28,301 29,696 27,821 31,627 32,047 30,936 32,702 29,002 29,897 28,165 32,025 14 10 21 17 30 13 the estimate of personal income in the national income and product accounts (NIPA's) because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. In particular, it differs from the NIPA estimate because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S. firms. October 2002 133 SURVEY OF CURRENT BUSINESS Table 2. Disposable Personal Income and Per Capita Disposable Personal Income by State and Region, 1996-2001 Per capita disposable personal income1 Disposable persona! income Area name 1996 1997 5,960,749 New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont 5,669,393 326,543 91,536 23,257 151,896 26,610 21,780 11,463 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 1,073,172 16,547 15,862 119,755 211,334 450,040 259,634 1,114,511 16,987 16,120 125,597 220,964 464,468 270,375 Great Lakes Illinois Indiana Michigan Ohio Wisconsin 930,464 278,447 114,831 204,949 227,746 104,491 975,464 291,507 119,826 214,500 239,900 109,732 Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota 382,827 399,625 56,896 52,367 59,294 55,113 109,183 114,001 35,531 11,853 14,650 United States Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia Percent change2 Millions of dollars 103,586 108,364 34,932 12,226 14,456 1,269,457 77,079 43,230 312,805 150,182 68,160 78,079 43,943 145,935 106,568 146,489 30,001 Southwest Arizona New Mexico Oklahoma Texas 552,859 83,726 29,502 58,473 381,159 Rocky Mountain Colorado Idaho Montana Utah Wyoming 166,565 86,111 21,208 15,037 35,002 9,207 Far West Alaska California Hawaii Nevada Oregon Washington 967,506 13,919 701,878 26,730 37,634 64,801 122,543 342,605 95,724 24,200 159,674 28,200 22,851 11,955 1,336,061 80,342 45,063 329,682 158,350 71,915 81,431 46,245 155,311 70,880 111,632 154,028 31,182 596,546 90,217 30,758 61,222 414,349 178,194 92,927 22,044 15,621 37,715 9,886 1,017,744 14,497 735,173 27,371 41,126 68,539 131,039 2000' 1996 1997 1998 3.8 21,045 21,863 23,016 112,817 28,111 193,290 35,516 26,237 14,336 4.5 3.9 5.3 4.7 4.2 4.8 5.6 24,091 27,433 18,620 24,580 22,652 21,334 19,308 25,114 28,580 19,286 25,646 23,709 22,286 20,018 1,309,804 20,935 18,024 150,250 262,179 546,368 312,047 1,360,181 21,967 18,782 158,291 272,356 565,238 323,546 3.8 4.9 4.2 5.4 3.9 3.5 3.7 23,647 22,332 27,712 23,426 25,932 24,211 21,246 1,067,782 316,463 133,378 235,489 260,567 121,886 1,138,249 339,330 143,459 251,045 273,908 130,508 1,167,753 349,489 147,316 254,749 280,623 135,576 2.6 3.0 2.7 1.5 2.5 3.9 21,032 441,836 63,449 60,275 124,709 124,478 39,248 13,245 16,432 471,343 67,935 63,777 133,731 133,054 41,068 14,302 17,475 488,468 69,760 66,307 139,216 137,633 1,490,466 88,376 49,265 368,190 183,084 78,557 87,744 50,865 174,214 79,457 125,616 171,953 33,144 1,594,045 93,060 51,959 391,323 198,513 84,884 91,807 53,590 187,686 85,289 134,141 186,890 34,902 679,123 103,776 33,215 67,744 474,388 733,704 112,945 34,781 72,462 513,516 221,749 119,717 27,021 18,084 45,258 11,669 1,234,359 16,411 897,310 29,786 51,332 80,241 159,278 6,621,480 379,838 105,830 26,400 177,269 32,116 24,787 13,436 1,217,422 19,202 16,795 140,126 240,089 507,736 293,475 1,029,255 307,987 128,475 225,186 250,838 116,768 425,703 62,181 58,652 118,006 120,352 37,620 13,143 15,748 1,423,978 84,855 47,302 351,912 171,711 76,215 86,139 49,256 165,760 75,481 119,346 163,510 32,491 645,743 97,615 32,496 65,310 450,321 191,724 100,489 23,639 16,670 40,460 10,466 1,090,483 15,003 789,557 27,846 44,903 72,660 140,515 203,495 108,190 25,148 16,997 42,112 11,047 1,141,518 15,400 827,255 28,378 47,583 75,398 147,503 7,113,559 410,306 ' Revised. 1. Per capita disposable personal income was computed using midyear population estimates of the Bureau of the Census. 2. Percent change was calculated from unrounded data. NOTE. The personal income level shown for the United States is derived as the sum of the State estimates. It differs from 2001' 7,387,363 428,879 117,239 29,593 202,402 37,003 27,503 15,139 1998 6,349,151 364,015 101,699 25,480 169,596 30,578 23,898 12,764 1,178,249 18,470 16,921 133,060 234,080 491,784 283,933 Rank in U.S. Dollars 1999' 2000' 2001' 25,214 25,939 26,505 30,219 20,236 27,041 25,356 23,176 21,258 23,729 27,450 31,252 20,839 28,061 26,282 23,824 22,220 29,425 33,083 22,014 30,406 28,645 24,982 23,513 30,586 34,230 23,000 31,728 29,387 25,973 24,693 1 37 3 6 16 25 24,452 22,605 28,393 24,353 26,885 24,896 22,111 25,714 24,196 29,937 25,566 28,245 26,220 23,186 26,405 24,777 29,454 26,668 28,720 26,889 23,930 28,247 26,628 31,562 28,291 31,104 28,772 25,406 29,235 27,591 32,845 29,449 32,101 29,732 26,332 5 2 4 15 23,008 19,443 21,002 20,257 19,979 21,924 23,922 20,121 21,868 21,273 20,837 23,011 25,097 21,417 22,866 22,175 22,041 25,177 27,286 23,557 25,226 24,112 24,293 25,742 27,999 24,092 25,498 24,673 25,098 30 18 26 21 20,466 19,756 20,029 21,980 19,951 20,871 18,798 19,477 21,199 20,509 20,913 22,921 20,799 21,069 18,244 19,684 22,420 21,421 22,045 24,516 21,796 22,184 20,297 21,109 24,469 14,635 18,049 1,661,737 96,677 54,192 410,136 206,772 87,686 96,994 55,779 194,234 88,456 138,241 196,098 36,472 3.6 2.7 4.0 4.1 3.4 4.4 2.3 3.3 23,206 23,694 27,120 23,745 23,980 22,315 23,130 25,278 23,864 24,607 27,998 24,448 25,022 23,068 23,856 33 28 9 29 23 36 34 4.2 3.9 4.3 4.8 4.2 3.3 5.6 4.1 3.5 3.7 3.1 4.9 4.5 19,348 17,797 16,807 21,060 20,021 17,390 17,750 15,990 19,456 17,646 19,674 21,699 16,459 20,044 18,394 17,325 21,709 20,605 18,194 18,419 16,653 20,284 18,364 20,300 22,554 17,141 21,056 19,265 18,011 22,724 21,836 19,124 19,399 17,561 21,226 19,259 21,426 23,694 17,895 23,745 25,606 22,064 23,794 22,987 22,856 23,096 21,747 22,505 25,589 22,380 23,022 20,558 21,897 21,737 19,949 18,577 23,363 22,755 19,551 19,670 17,984 21,915 19,991 22,278 24,564 18,294 22,938 20,905 19,402 24,375 24,121 20,972 20,539 18,810 23,236 21,198 23,525 26,308 19,314 23,636 21,655 20,130 25,014 24,663 21,568 21,721 19,517 23,727 21,771 24,084 27,282 20,241 42 49 24 27 43 41 50 35 40 31 12 48 767,047 119,007 37,173 75,846 535,022 4.5 5.4 6.9 4.7 4.2 19,051 18,253 16,836 17,506 19,708 20,137 19,045 17,330 18,151 20,990 21,354 22,030 20,657 18,370 19,709 23,075 23,377 21,866 19,097 20,984 24,516 24,029 19,989 18,119 19,179 22,340 22,423 20,322 21,920 25,089 38 47 39 22 231,908 124,947 28,240 19,000 47,302 12,419 4.6 4.4 4.5 5.1 4.5 6.4 20,375 23,126 17,944 17,554 17,792 20,199 21,498 24,410 18,876 18,679 18,680 21,324 22,376 25,601 19,714 18,939 19,112 22,464 23,943 27,690 20,797 20,023 20,191 23,621 24,652 28,283 21,378 21,008 20,840 25,118 7 44 45 46 20 1,281,390 17,171 932,835 30,930 54,069 82,917 163,467 3.8 4.6 4.0 3.8 5.3 3.3 2.6 19,446 21,967 17,628 16,967 16,926 18,861 21,833 22,872 21,921 22,206 22,585 19,957 22,001 22,590 23,650 22,630 22,590 23,313 20,742 23,092 23,811 24,201 23,935 22,914 24,230 21,674 24,354 24,546 24,649 24,695 23,447 24,594 22,216 25,246 26,153 26,149 26,391 24,570 25,428 23,399 26,958 26,736 27,045 27,038 25,262 25,673 23,876 27,299 13 14 19 17 32 11 the estimate of personal income in the national income and product accounts (NIPA's) because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. In particular, it differs from the NIPA estimate because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S. firms. October 2002 State Personal Income 134 Table 3. Personal Income by Major Source [Millions Connecticut New England United States Maine Massachusetts Item Line 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 200V Income by place of residence 7,779,511 279,040 27,880 8,398,796 282,125 29,770 8,678.255 284,797 30,472 459,770 13,838 33,226 504,311 13,944 36,167 520,440 14,022 37,115 130,762 3,386 38,614 141,151 3,410 41,392 145,341 3,425 42,435 30,640 1,267 24,187 32,793 1.277 25,681 34,384 1,287 26,723 216,822 6,317 34,322 241,318 6,357 37,960 248,202 6,379 38,907 5,653,620 336,901 -1,030 5,315,689 1,445,370 1,018,452 6,088,805 357,843 -1,060 5,729,902 1,598,302 1,070,592 6,242,742 371,690 -1,093 5,869.959 1,637,213 1,171,083 331,993 19,566 7,003 319,430 83,250 57,090 364,259 21,187 7.464 350,535 93,754 60,022 373,328 21,950 7,629 359,007 96,309 65,124 91,905 5,383 6,195 92,718 23,755 14,289 98,868 5,702 6,631 99,797 26,399 14,955 101,703 5,913 6,784 102,574 26,920 15,847 20,836 1,289 22,013 1,340 22,967 1,420 292 333 342 19.840 5.664 5,136 21,006 6,372 5.416 21,889 6,620 5,875 164,986 9,390 -3,865 151,731 38,366 26,725 184,523 10,397 -4,722 169,405 43,755 28,158 187,753 10,686 -4,681 172,386 45,038 30,778 4,468,305 505,776 679,539 28,859 650,680 4,834,179 539,560 715.066 22,838 692,228 4,948,115 565,535 729,092 20,271 708,821 266,891 28,686 36,416 294,616 31,109 38.534 301,310 32,577 39,442 73,255 7,591 11,059 79,109 8,135 11,624 81,164 8,646 11,893 16,251 2,143 2,442 17.217 2,254 2,541 17,975 2,393 2,599 134,270 14,216 16,500 151,332 15,575 17,616 153,635 16,095 18,022 46,616 5.607.004 4,714,797 40,629 6,048,176 5,104,903 40,070 6,202,672 5,208,042 39,008 33,958 5,050 48,302 2,592 7,033 32,526 6,151 335,614 41,990 36,839 5,151 51,751 2,515 5,890 36,746 6,600 365,050 44,788 Manufacturing Durable goods 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 electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries Nondurable goods Food and kindred products Tobacco products Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastics products Leather and leather products 906,216 566,112 30,548 18,554 25,603 36,222 64,138 116,723 94,125 65,021 49,539 50,220 15,419 340,104 62,862 2,615 17,384 17,761 32,758 69,695 87,001 9,527 Personal income (lines 4-9) Population (thousands) 2 Per capita personal income (dollars) 3 Derivation of personal income Earnings by place of work (lines 10-14 or 15-85) Less: Personal contributions for social insurance 4 Plus: Adjustment for residence 5 ., Equals: Net earnings by place of residence Plus: Dividends, interest, and rent 6 Plus: Transfer payments Earnings by place of work Components of earnings: Wage and salary disbursements Other labor income Proprietors' income 7 Farm Nonfarm 298 217 138 126 80 58 68 49 23 2 2 -13 36,118 38,317 39,303 10,933 11,544 11,835 2,374 2,493 2,575 16,497 17,614 18,035 Earnings by industry Parm Nonfarm Private Agricultural services, forestry, fishing, and other 8 Agricultural services Forestry, fishing, and other 8 Mining Metal mining Coal mining Oil and gas extraction Nonmetallic minerals, except fuels Construction NA) NA 53 985 NA) NA NA NA 672 629 584 237 202 190 143 131 112 95 104 98 331,321 288,846 363,629 318.796 372,744 324,987 91,668 81.022 98,666 87,309 101,513 88,854 20,694 16,902 21,882 17,895 22,855 18,649 164,891 144,717 184,419 163,370 187,655 165,645 2,020 1,631 2,198 1,793 2,415 (NA) 534 521 13 159 (M 5 (D) 577 NA) NA) 151 NA NA NA NA 292 134 158 5 308 148 160 6 944 779 165 130 P) P)o P) o 848 696 151 129 (D) 1,063 (NA) (NA) 363 (NA (NA (NA (NA 495 482 13 149 (L) 326 389 345 (NA) 110 (D) 404 360 1 14 123 222 (D) 71 (D) 1\ 382 480 18,341 20,237 21,853 4.772 5,164 5 44 1,464 1,575 1,646 8,562 9,682 10 644 966,643 609,822 31,963 19,729 27,724 37,492 67,420 127,951 110,657 67,277 49,514 53,729 16,366 356,821 66,461 2,794 17,262 17,123 33,423 73,394 94,951 9,322 922,920 572,208 56,160 37,963 60,848 41,712 58,427 39,651 17,413 12,033 18,149 12,460 17,637 11,975 3,400 1,658 3,455 1,738 25,144 16,946 28,221 19,476 26,757 18,151 NA NA NA NA NA NA NA NA NA NA NA 350 71 NA) NA NA NA NA NA NA NA) 993 571 893 (Dj 590 960 JS 1,581 4.670 8,977 130 141 175 476 139 140 187 504 B 1,791 2,043 2,613 336 56 52 31 122 189 316 19 473 34 30 360 58 55 36 136 212 355 21 440 35 32 179 200 461 518 1,663 1,943 2,326 NA) NA NA NA NA NA NA NA NA NA 171 187 431 488 (Dj NA NA NA NA NA NA (NA NA 3,364 1,730 (NA) 1,896 4,100 4,216 1,902 5,270 5,021 NA) NA NA NA NA NA) NA) NA) NA) NA 697 754 1,742 1,717 1635 8,198 8,745 227 0 107 62 754 206 91 16 NA) 890 (NA) (NA) (NA) (NA) (NA) 562 305 924 916 (L) 593 293 949 2,816 1,761 38,194 2,307 39,801 2,290 Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric, gas, and sanitary services 388,911 14,047 83,171 8,512 93.573 120,423 69,185 Wholesale trade Retail trade Finance, insurance, and real estate Depository and nondepository institutions Other finance, insurance, and real estate.... Services Hotels and other lodging places Personal services Private households Business services Auto repair, services, and parking Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services Social services Museums, botanical, zoological gardens Membership organizations Engineering and management services Miscellaneous services Government and government enterprises Federal, civilian Military State and local State Local See footnotes at end of table. P) 23 7,604 4,970 6,024 1,853 18,197 1,841 472 4,944 6,362 1,877 19,137 1,965 64 56 1,088 1,123 P) 554 (NAJ (NA) (NA) 362 375 5,688 423 56 76 121 677 NA 1,356 2,166 1,345 2,395 103 57 NA NA 196 0 100 58 775 225 90 16 523 37 494 44 (NA (NA 109 174 4.752 5,050 5,156 (0) 628 159 NA NA NA NA NA NA NA) NA) 2,490 2,527 (D) 442 (NA) (NA) 418,232 13,808 85,283 9,405 102,665 132,969 74,102 427,191 16,395 17,826 18,262 NA NA NA NA NA NA PJ NA (NA 352,101 496,034 528,783 132,889 395,894 378,213 530,330 573,458 135,356 438,102 372,199 549,583 602,960 1,619,828 48,397 46,053 12,440 402,239 46,621 18,646 55,711 25,431 437,492 111,616 65,994 55,421 2,380 53,327 216,927 21,133 892,207 178,434 71,761 642,012 183,541 458,471 1,779,236 52,442 46,773 13.279 465,930 50,414 21,171 59,074 27,884 462,954 120,921 71,693 60,952 2,647 56,723 243,127 23,252 943,273 189,309 75,609 678,355 194,550 483,805 994 63 190,134 79,585 724,911 205,624 519,287 NA (NA 2,763 2,902 335 381 3,942 4,824 4,180 5,448 4.455 (NA NA (NA 21,247 28,666 38,680 23,087 31,486 43.442 21,927 32,294 46,107 JD) P) 106,990 2,124 2,596 119,312 2,310 2,650 533 567 25,266 2,629 1,024 2,862 30,849 2.804 1.160 3,043 501 548 29,988 6,712 8,244 4,260 31,628 7,203 9,045 4,765 193 217 2,371 16,471 1,217 42,475 7,280 1,780 33.415 11,603 21,812 2,498 18,725 1,300 44,833 7,739 1,868 35,226 12,266 22,960 231 3,064 1,373 411 63 77 141 504 180 n 231 3,037 1,548 4 5,380 217 NA) NA) 1,851 936 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA P (NA NA NA NA NA (NAJ 2,752 5,054 4.485 (DJ Dj 18,776 2,567 4,865 4.060 352 (D) Vit (DJ 610 145 (DJ NAJ 5 662 NA NA NA NA NA NA 1 (D) NA] 6 NA) NA NA NA) NA NA) NA) NA) NA NA NA NA NA NA 94 (NA) (NA) 1,193 1,245 84 78 (NA) (NA) 1,062 1,116 1,154 7,951 (D) 332 32 SI 240 41 336 43 167 276 253 NA NA NA NA NA NA 1,140 2,552 1,498 1,160 2,709 1,606 1,065 2,386 1,495 (NA) NA NA P) P) 123,339 27,100 28,973 29,623 5,735 6,246 6,678 NA (NA NA NA NA NA NA NA NA NA NA NA NA NA NA (NA 329 759 177 359 744 188 6,496 7,180 641 261 662 293 1.136 1,202 117 137 201 156 50 763 223 91 123 27 214 159 53 891 240 99 127 34 7,699 1,686 1,709 1,062 8,079 1,767 1,869 1,175 2,234 2,382 318 282 452 6 149 570 88 330 294 527 7 158 643 89 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 3,791 3,987 4 206 814 309 885 314 903 316 2,668 2,788 901 950 1,767 1,839 2,987 1,027 1,960 47,757 7,763 1,939 38,055 13,264 24,791 457 514 10,646 1,382 11,357 1,472 12 65 1,424 48 731 493 522 545 8,772 3,333 5,439 9,363 3,613 5,749 10,691 3,914 6,777 (|_) NAJ 8 606 NA) NA NA NA) NA NA NA NA 103 152 5,738 7,956 16,574 4,023 71 1,114 3,986 86 5,832 8,152 15,298 2,457 12,840 3,800 66 1,169 3,525 137 NA) NA) NA NA 2,584 1,570 5,454 7,171 13,716 2,255 11,462 44 726 5 NA) 1 825 1]23O NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA P) (NA) 1,693 1,155 NA) •)-| n NA (NA 8,821 9,030 201 203 1,227 1,322 (D) 2,228 1,984 P) P 2,633 2,113 NA) NA NA) NA NA NA) 11,501 13,352 19,365 4,351 15,015 12,486 14,482 22,244 4,456 17,788 11,380 15,048 23,258 NA) (NA) 57,863 1,064 1,197 66,360 1,165 1,249 68,327 222 236 14,689 1,190 18,874 1,271 P 448 510 1,189 1.264 278 290 14,726 3,855 4,881 2,006 15,567 4,228 5,386 2,254 116 132 1,123 10,369 1,217 12,190 510 529 20,174 3,595 21,049 3,771 N N N N N N N N N N N N N N (NA (NA) 22,010 3,792 504 525 554 16,076 5,312 10,764 16,753 5,461 11,292 17,664 5,910 11,755 October 2002 135 SURVEY OF CURRENT BUSINESS and Earnings by Industry,11999-2001 of dollars] New Hampshire Vermont Rhode Island 1999' 2000' 2001' 1999' 2000' 2001 37,253 1,222 30,485 41,630 1,240 33,576 42,986 1,259 34,138 28,749 1,040 27,632 30,728 1,050 29,258 24,944 1,552 3,135 26,527 6,817 3,909 27,488 1,688 3,823 29,624 7,856 4,150 28,318 1,761 3,817 30,374 8,099 4,513 18,633 1,275 1,138 18,496 5,417 4,836 19,773 2,004 3,166 4 3,162 21,914 2,223 3,351 -4 3,355 22,533 2,350 3,435 -5 3,440 39 24,905 22,093 35 27,453 24,443 168 149 19 24 (D) 0 180 162 18 25 § 5,069 3,730 191 42 91 237 343 963 1,006 113 55 583 107 1,339 109 0 107 40 204 303 77 11 2 (D) 1,888 5,672 4,241 205 44 112 265 382 1,027 1,313 108 64 598 121 1,431 120 0 113 38 207 302 90 11 378 110 1,101 26 254 (D) 398 153 1,191 27 265 (fj) 1,754 DJ 258 331 1,793 2,949 1,975 330 1,645 7,259 204 234 36 1,778 271 113 209 32 2,160 328 515 295 7 141 870 65 2,812 490 69 2,253 695 1,559 r Mideast Line 2001' 1999' 2000' 2001' 1999' 2000' 2001' 17,531 1,457,663 1,574,504 1,626,912 46,106 46,369 46,526 613 28,594 33,956 31,616 34,968 22,749 775 29,354 24,767 786 31,500 25,853 796 32,472 20,501 570 35,953 22,158 571 38,801 22,959 572 40,150 167,246 5,255 31,829 180,353 5,311 33,959 189,142 5,375 35,188 1 2 3 12,017 1,068,223 1,154,116 1,187,081 64,507 68,684 762 71,592 122 -17,155 -17,659 -18,364 986,561 1,067,773 1,097,124 11,378 291,408 264,996 298,613 3,610 2,544 206,106 215,323 231,175 18,049 1,098 -1,331 15,619 4,436 2,694 19,084 1,147 -1,068 16,868 4,997 2,901 19,949 43,876 46,945 49,171 1,209 2,194 2,536 2,349 -1,135 -28,046 -29,850 -31,222 17,604 13,636 14,747 15,414 5,097 4,184 4,652 4,685 3,152 2,681 2,860 2,759 107,921 6,514 17,523 118,930 31,390 16,926 116,036 6,915 19,325 128,446 34,167 17,740 122,231 7,402 20,124 134,954 34,931 19,257 4 5 6 7 8 9 947,731 100,903 138,447 1,145 137,302 14,905 1,708 1,435 93 1,342 15,810 1,785 1,489 65 1,424 16,466 1,889 1,593 127 1,466 34,851 6,468 2,557 0 2,557 37,524 6,697 2,724 0 2,724 39,103 7,194 2,874 0 2,874 87,121 11,179 9,621 219 9,401 93,904 11,926 10,206 238 9,967 98,791 12,829 10,611 287 10,324 10 11 12 13 14 2,130 2,308 2,468 133 11,884 1,066,093 1,151,808 1,184,613 974,211 1,000,703 9,943 895,881 127 17,922 15,450 102 18,982 16,365 167 19,782 17,113 0 43,876 25,544 0 46,945 27,868 0 49,171 29,461 335 107,586 82,615 367 115,669 89,362 426 121,805 93,874 15 16 17 (D) 83 (D) (D) 91 (D) NA NA (D) (0j 998 (D) 15 (D) (D) NA NA I8j 731 704 27 129 793 NA) ffl 640 614 26 134 12 (D) 525 977 142 (D) NA NA NA 538 932 126 NA) NA NA NA NA) NA NA NA) NA NA Si NA) NA) NA) NA) 8 898 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 2001' 31,99,5 1,05<) 30,21s5 15,544 605 25,705 16,691 610 27,376 19,900 1,344 1,276 19,832 5,884 5,011 20,57() 1,40 3 1,24 5 20,40 7 6,02 5,56-f 10,688 678 108 10,119 3,230 2,195 11,467 717 122 10,872 3,488 2,331 15,021 1,785 1,827 6 1,821 16,080 1,900 1,920 2 1,918 16,59!5 1,99$) 1,9765 1 1.9755 8,320 946 1,421 91 1,331 8,964 1,022 1,481 87 1,394 36 28,282 25,076 17 18,615 15,259 16 19,884 16,266 1£ 20.55Ji 16.82C) 141 10,548 8,853 142 11,325 9,513 199 (NA) (NA) 26 NA NA NA NA 2111 125 83 42 12 135 91 44 13 144 NA NA V NA NA NA NA 114 3,032 2,06€) NA NA NA NA NA NA NA NA NA NA NA 92 87 5 26 96 92 4 28 H 5,359 4,003 NA NA NA NA NA NA NA NA NA NA) NA 1 356 NA NA NA NA NA NA NA NA 3,083 2,083 NA NA 220 (D) 964 (0) 175 25 (0) 254 320 927 1,729 1,517 481 1,036 5,884 97 164 23 1,056 180 54 130 18 2,133 366 562 318 12 168 560 43 3,357 682 341 2,334 814 1,520 293 351 2,050 3,181 2,120 341 1,779 1,225 NA NA NA NA (NA (NA 2,094 3,354 2,187 NA (NA 8,135 220 240 38 2,213 297 131 227 35 2,330 335 573 322 9 149 948 66 3,010 526 73 2,411 756 1,655 8,520 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 3 206 536 76 2,593 807 1,787 Si 47 (D) 306 219 227 22 129 262 595 999 89 (L) 227 73 231 122 (D) m\ 1,102 3,101 2,128 36 61 44 191 343 218 267 13 136 292 528 973 92 C-) 218 24 78 223 110 (D) 216 (D) 1,056 (D) 181 27 (D) 281 355 1,040 1,969 1,648 507 1,141 6,205 109 172 25 1,156 203 59 143 21 2,155 381 608 345 14 177 593 46 3,618 735 365 2,518 895 1,622 Maryland District of Columbia 2000' 2000' (D) (D) 1,018 Delaware 1999' 1999' (U 0 9,407 1,094 1,516 74 1,442 105 NA) NA 28 (NA) NA (NA 1999' 850,801 90,070 127,352 1,021 126,332 5,987 (D) DJ 2,749 26 1,284 632 807 49,687 772 U (L) 27 827 2,250 1,668 (D) 88 101 67 117 206 (rj) 29 126 79 67 582 186 0 17 16 87 162 40 (D) 2,278 1,726 NA NA NA NA NA NA NA NA NA NA NA 55 (NA NA NA NA NA NA NA (NA 139,885 68,325 (D) 1,690 4,500 6,379 7,946 13,915 D) D D 10,304 NA NA NA NA NA NA NA NA 2,051 1,513 (D) 84 97 57 109 191 /0) 26 108 72 61 538 146 0 15 18 87 166 35 (D) (NA) (NA) 1,081 NA NA NA NA NA NA 987 2,005 1,796 (NA (NA 6,620 (N NA (|\ (l\ NA NA NA (NA NA NA NA NA (N N (N (N 3,7 751 376 2,608 954 1,653 68 (D) 566 10 165 7 108 126 149 507 1,079 612 203 408 3,149 229 85 26 484 125 57 74 29 1,035 159 295 128 7 63 302 53 1,695 317 65 1,312 550 763 70 (D) 593 10 170 7 113 140 153 539 1,151 635 195 440 NA NA (D) 461 617 NA) NA NA NA NA) NA 569 1,220 686 NA NA 3,570 NA NA NA NA NA NA NA (NA NA NA NA NA NA NA (NA NA 1,94 356 72 1,512 652 860 70,198 1,652 11,388 1,378 16,876 26,293 12,611 63,464 77,536 155,280 D ) D) 331,096 8,921 7,580 2,571 70,904 6,928 2,629 9,926 4,514 88,401 31,852 19,711 14,622 638 10,802 47,380 3,716 170,211 46,099 6,415 117,697 29,778 87,919 3,393 243 86 27 537 131 67 79 31 1,114 163 316 142 8 67 327 56 1,812 351 69 1,393 591 802 N AJ 869 71,560 9,048 (D) m\ (D) 4 490 18|386 26,867 1,473 2000' 923,555 95,749 134,812 1,081 133,730 6,538 4,387 2,152 2,592 19 959 728 886 54,580 149,584 71,585 (D) 1 857 '(DJ 6,418 8,438 14,218 (0) 3,547 3,304 10,294 77,999 10,276 (9) 1,583 4,096 (D) 19,421 30,878 (D) 4,910 485 74,674 1,485 11,798 1,506 17,975 28,587 13,323 68,024 83,254 174,813 (D) (D) 360,151 9,802 7,728 2,733 80,766 7,507 3,036 10,371 5,171 92,430 34,774 21,225 16,004 704 11,316 52,438 4,145 177,597 48,374 6,706 122,517 31,503 91,014 2001' 6,980 NA) NA) 2 640 NA NA NA NA 58 30 145,209 69,921 (NA) NA NA NA NA NA NA NA NA NA (NAj 75,288 NA) NA NA NA) NA NA NA NA) NA) NA) 76,525 NA NA NA NA NA NA 67,263 86,328 180,558 NA) (NA) 376,900 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA (NAJ 183 909 49J244 7,041 127,625 33,034 94,590 ^ /m 1,184 3,850 1,087 (D) 60 37 70 85 65 32 508 7 195 2,111 252 (L) (m (5) 8i 92 2,075 60 130 (D) 805 65 213 (D) D 158 218 729 1,540 2,723 1,771 952 4,525 59 114 33 1,109 159 62 139 14 1,391 364 147 185 21 150 516 62 2,473 331 253 1,889 1,087 802 i (D) D 1,214 NA NA NA 1244 3,775 1,010 21 59 38 74 91 76 32 (D) 3,750 936 NA) NA) NA NA NA NA NA NA NA NA NA 2 815 NA NA NA 7 il 985 184 (D) 2 6 3 1 12 (D) fe|til 2 29 86 95 2,066 (D) NA 1 5 726 48 5 (D) 3 1 10 D) D D 7 7 835 13 (rj) 2 1 (0) 715 95 5 126 (D) 856 (D) 234 25 (rj) 172 220 802 1,616 3,068 2,015 1,052 4,931 65 121 35 1,203 172 71 155 15 1,503 410 156 202 21 161 574 69 2,617 351 262 2,004 1,149 856 Pi (D) (n 0 885 NA NA NA NA NA NA 1,470 (D) 0 1,527 (rj) DJ 190 2 765 245 U NA NA NA NA 839 1,677 3,386 (NA) (NAJ 5,224 NA) NA NA NA NA NA( NA NA NA NA NA NA NA NA NA NA 2 669 351 274 2,044 1,144 900 PD 4 6 801 14 (P)2 3D 6 (D) 937 206 424 934 2,537 n 17,719 560 130 95 1,982 86 11 190 78 1,689 4,787 1,493 654 16 2,136 3,654 158 18,332 15,275 1,108 1,949 0 1,949 8 (Dj 890 284 415 1,015 2,841 D ) D) 19,476 713 136 101 2,288 98 12 264 98 1,798 5,425 1,464 747 18 2,243 3,919 154 19,077 15,909 1,201 1,967 0 1,967 NAj NA NA NA NA NA NA NA NA NA NA 1,556 NA NA NA NA NA NA 375 1,057 2,956 NA NA 20,939 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA) NA 19 710 16,436 1,291 1,983 0 1,983 n 15 61 7,537 8,706 4,650 162 109 268 449 381 820 780 273 384 918 106 4,055 821 (D) 56 136 286 1,303 987 48 380 (D) 6,322 (0) 1,175 /D) (D) 2 087 1,433 5,943 9,415 8,728 2,268 6,460 35,191 1,215 920 292 9,006 945 301 922 143 8,857 1,585 1,623 1,320 39 1,154 6,480 389 24,971 10,806 2,062 12,103 3,890 8,214 19 67 8,243 9,459 5,202 172 115 289 443 410 854 1,106 248 491 943 131 4,257 878 NAJ 66 126 288 1,410 998 49 9,578 5,359 (NA) NA) NA NA NA NA NA NA NA NA NA 4 21 NA) NA NA) NA) NA NA NA NA) 394 (D) 6,865 (0) 1,230 187 (D) 2 357 1,521 6,392 9,935 9,114 2,260 6,854 38,494 1,270 958 311 10,177 1,023 336 981 146 9,385 1,690 1,773 1,491 42 1,217 7,285 407 26,307 11,320 2,119 12,868 4,145 8,723 NA) NA) 7,129 NA) NA) NA) NA) NA NA 6,444 10,336 9,769 NA NA 40,781 NA) NA NA) NA) NA NA NA NA NA NA NA NA) NA) NA NA NA 27 932 11,846 2,219 13,867 4,522 9,345 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 October State Personal Income 136 2002 Table 3. Personal Income by Major Source [Millions Pennsylvan a New York New Jersey 1j r e a t Illinois Lakes Item Line 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 288,812 8,360 34,549 317,346 8,429 37,649 326,723 8,484 38,509 615,903 18,883 32,617 664,927 18,989 35,016 684,774 19,011 36,019 342,452 12,264 27,924 364,953 12,283 29,713 377,461 12,287 30,720 1,253,408 44,969 27,873 1,333,919 45,210 29,505 1,365,555 45,363 30,103 373,578 12,359 30,227 401,030 12,436 32,248 412,200 12,482 33,023 200,104 12,375 17,799 205,528 51,158 32,126 218,770 13,312 19,980 225,438 57,935 33,972 222,348 13,700 20,991 229,639 59,951 37,133 460,681 27,625 -25,099 407,957 111,555 96,391 501,564 29,675 -27,794 444,095 120,810 100,022 514,437 30,786 -28,791 454,860 123,279 106,635 237,592 14,701 1,999 224,891 62,273 55,288 251,717 15,286 1,748 238,179 68,846 57,929 258,945 15,959 1,668 244,653 70,671 62,137 910,690 54,179 3,927 860,438 233,359 159,612 958,895 56,076 4,446 907,265 258,581 168,073 969,556 57,344 4,623 916,835 265,241 183,479 276,454 16,024 -872 259,558 72,251 41,769 294,112 16,736 -1,157 276,218 80,674 44,138 300,076 17,267 -1,163 281,646 83,170 47,384 160,795 15,587 23,722 176,235 16,819 25,717 178,439 17,523 26,387 366,360 34,762 59,559 402,144 37,302 62,117 411,556 39,231 63,650 186,769 20,365 30,458 197,938 21,220 32,559 203,375 22,237 33,332 741,725 84,607 84,358 1,279 83,079 781,355 88,468 89,072 1,171 87,902 787,073 91,499 90,984 1,169 89,815 222,401 24,377 29,677 236,442 25,772 31,898 240,650 26,877 32,548 3,332 907,358 782,903 3,293 955,603 824,928 3,421 966,135 829,416 4,606 4,488 4,974 4,861 118 112 2,911 3,026 5,298 (NA) (NA) 3,022 (NA) Income by place of residence Personal income (lines 4-9) Population (thousands) 2 Per capita personal income (dollars) 3 Derivation of personal income Earnings by place of work (lines 10-14 or 15-85) Less: Personal contributions for social insurance 4 Plus: Adjustment for residence 5 Equals: Net earnings by place of residence Plus: Dividends, interest, and rent 6 Plus: Transfer payments Earnings by place of work Components of earnings: Wage and salary disbursements Other labor income Proprietors' income 7 Farm Nonfarm 38 89 47 337 199 340 332 491 345 23,684 25,628 26,340 59,221 61,918 63,310 30,126 32,068 32,987 396 802 682 29,280 31,096 31,866 775 275,679 238,849 1,161 292,950 254,200 1,091 298,985 258,522 1,380 1,337 1,501 1,456 1,611 Earnings by industry Farm Nonfarm Private Agricultural services, forestry, fishing, and other 8 Agricultural services Forestry, fishing, and other 8 Mining Metal mining Coal mining Oil and gas extraction Nonmetallic minerals, except fuels Construction 200 268 240 720 621 796 748 950 840 199,903 172,157 218,502 189,443 222,108 191,857 459,961 394,107 500,943 432,460 513,641 443,576 236,845 206,010 250,768 218,713 258,105 224,823 912 883 29 289 (0) 19 (D) 246 996 965 31 309 1,111 (NA) (NA) 2,145 1,214 2,318 1,333 1,323 1,280 1,433 985 549 (Q\ 3 (D) 240 2,448 (NA) (NA) 1,194 1,149 931 489 26 13 238 212 45 43 532 (NA NA NA (NA 1,818 1,581 (NA) 1,667 (Dj 1,192 (D) 281 1 895 385 300 NA NA NA NA (0) 273 272 NA) NA NA NA NA) 32 943 168 745 1,029 1,117 907 996 9,329 10,360 11,393 17,566 19,533 20,71 13,618 14,706 15J51 53,763 57,585 Manufacturing Durable goods 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 electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries Nondurable goods Food and kindred products Tobacco products Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastics products Leather and leather products 29,208 10,172 33,738 10,929 30,836 10,832 49,582 25,909 52,107 27,292 51,931 26,841 274 307 848 636 1,313 1,896 1,474 1,417 1,965 1,653 470 211 474 247 2,343 2,462 NA) NA NA) NA NA NA) NA NA) NA NA) 601 646 19,036 1,931 22,808 2,832 NA) NA NA NA NA NA) NA NA) NA NA) NA) 20 004 NA NA) NA NA NA) NA NA) NA) 49,528 27,010 1,527 48,182 25,827 242 257 786 579 47,555 26,322 1,415 223,152 155,251 4,554 4,912 5,673 14,303 22,829 32,054 16,034 41,597 4,673 5,876 2,745 67,902 12,117 230,372 160,435 4,735 5,292 5,816 14,517 23,671 32,284 16,915 43,067 4,978 6,297 2,865 69,937 12,540 23 400 23 (D) 1,947 7,485 12,921 18,737 1,967 7,619 13,265 19,476 D ( ) 380 614 (0) 372 622 1,065 3,445 9,866 1,054 3,546 12,628 534 554 1,100 1,101 (D) Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric, gas, and sanitary services 18,170 2,601 Wholesale trade Retail trade Finance, insurance, and real estate Depository and nondepository institutions Other finance, insurance, and real estate Services Hotels and other lodging places Personal services Private households Business services Auto repair, services, and parking Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services Social services Museums, botanical, zoological gardens Membership organizations Engineering and management services Miscellaneous services Government and government enterprises Federal, civilian Military State and local State Local See footnotes at end of table. 546 612 609 666 1,493 1,024 2,442 6,008 5,083 1,425 2,093 1,011 2,554 6,254 5,537 1,470 628 638 5,189 1,457 23,672 2,707 4,988 1,472 24,815 2,802 244 534 281 508 2,558 1,445 9,482 5,048 2,482 1,472 10,225 5,322 708 2,021 4,252 3,966 5,059 4,024 927 946 1,942 1,656 1,894 1,703 879 910 25 090 NA) NA NA NA NA) NA NA NA) 21,232 3,323 22,518 3,505 41 599 838 52 584 835 1,607 3,338 8,843 1,645 3,430 9,770 591 567 1,890 1,959 161 16,749 NAJ 234 223 1,259 1,329 (D) NA) NA) 160 170 (NA) (NA) 26,682 28,406 29,321 2,912 19,468 19,494 (D) 100 3,156 3,318 574 630 431 4,305 8,236 2,879 NA) NA NA NA NA) NA) 2,$ 487 (D) 10,862 4,498 17,160 15,660 20,463 3,839 16,624 18,956 17,080 22,861 3,988 18,872 18,716 17,809 23,318 NA) NA) 60,965 2,855 1,395 65,677 3,056 1,448 68,908 317 338 16,307 1,455 17,903 1,556 528 649 1,233 1,296 350 413 16,131 3,606 1,960 1,523 16,932 3,838 2,129 1,728 7 $ 649 1,909 4,255 3,722 5,115 3,854 608 716 NA) NA NA NA) NA NA NA NA NA) NA) NA) NA) NA NA NA NA) 27,747 4,300 29,059 4,531 30 251 4,503 38 42 1,356 11,303 1,461 12,174 798 809 795 22,649 6,614 16,035 23,720 6,956 16,764 24,953 7,124 17,829 532 702 1,086 2,243 5,356 8,637 6,863 1,887 NA NA NA NA NA NA) NA NA NA NA NA NA) NA) 1,074 2,232 5,095 8,527 6,368 1,908 (NA) (NA) 617 616 1,733 1,821 NA) 903 940 69,184 19,168 4,399 19,755 4,597 21 73 356 (D) (NA) NA NA NA NA NA NA NA NA 1,508 4,786 4,692 (D) 357 1,515 4,875 4,798 20 01 NA NA NA NA NA NA NA NA 602 592 NA NA 2,632 2,836 101 95 59,223 20,443 1,006 4,525 21,477 1,008 4,558 21,627 166 183 5,927 5,278 3,540 6,441 5,729 3,558 NA) NA) (NA) (NA) (D) (D) 12,460 12,921 172 (NA (NA (D) (D) 55,631 2,534 16,354 58,249 2,497 16,532 524 569 13,522 12,343 10,354 14,689 13,281 10,681 NA NA NA NA NA NA NA NA 169 4,059 4,941 3,742 13,452 20,544 19,592 4,975 14,617 14,330 21,740 20,848 5,125 15,723 14,360 22,625 21,621 (NA (NA 59,219 77,278 70,731 19,810 50,921 63,145 81,250 73,729 20,043 53,686 61,377 83,448 77,596 (NA) (NA) 19,793 21,241 29,418 7,622 21,796 21,597 22,381 30,898 7,786 23,112 21,065 23,258 32,348 NA) NA) 71,489 1,202 1,876 77,104 1,285 1,903 81,285 81,217 1,457 2,076 87,937 1,587 2,123 90,666 339 373 396 13,096 2,021 14,923 2,196 21,437 2,191 23,881 2,333 776 932 1,874 2,027 261 293 23,920 5,022 5,664 3,370 24,856 5,474 6,078 3,599 252,597 4,237 7,503 1,261 60,332 7,773 3,133 8,092 1,441 76,478 16,693 9,438 9,323 262,375 321 235,613 3,951 7,370 1,189 55,626 7,221 2,849 7,461 1,362 72,044 15,595 8,770 8,561 159,765 70,066 8,940 1,589 59,536 13,191 46,345 503 664 NA) NA NA) NA) NA) 181 (D) 154,469 3,413 3,162 1,609 34,272 2,462 1,036 5,648 4,206 37,957 17,938 9,624 8,238 464 49,109 29,094 NA NA NA) NA) NA NA) 141,208 3,031 3,144 1,513 29,405 2,261 3,695 18,777 1,966 68,483 9,210 1,484 57,789 12,533 45,255 17J94 50,440 30,685 18,140 26,530 32,824 119,508 NA) NA) 419 17,085 48,792 29,624 635 27,129 31,868 116,081 17,513 98,568 3,486 16,709 1,757 65,854 8,699 1,381 55,773 11,701 44,072 15,672 218,342 149,158 4,005 25,755 29,443 101,236 18,544 82,691 5,567 3,669 36,413 16,488 8,823 7,570 (NA) (NA) 58,734 17,552 4,515 3,654 952 NA) NA 891 NA NA NA NA (D) 11,989 4,677 NA NA NA NA NA NA NA NA (NA (NA NA NA NA NA NA NA 45 883 2 280 368 233 3,894 NA NA NA NA NA NA (°J NA NA NA NA NA NA NA NA NA NA NA 22 35 NA NA NA NA NA NA NA NA NA 44 893 1 349 322 221 742 833 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 30,835 6,688 32,055 7,053 33 28 7,167 105 117 2,520 8,719 2,539 9,709 814 832 872 23,333 6,487 16,847 24,169 6,720 17,449 25,242 7,054 18,188 410 448 9,214 31,191 2,799 124,456 18,909 3,821 101,725 26,608 75,117 9,680 33,797 2,970 130,675 20,137 3,979 106,558 28,086 78,473 NA) NA) NA) NA NA NA NA NA NA NA NA NA NA NA (NA) (NA) 136,720 19,748 4,132 112,839 29,563 83,277 857 928 2,159 2,290 504 513 19,475 7,348 3,362 2,490 20,693 7,986 3,640 2,709 183 197 3,172 13,129 1,004 36,831 6,029 1,903 28,898 6,879 22,019 3,268 14,334 1,058 38,751 6,402 1,963 30,386 7,275 23,111 NA) NA) NA NA NA NA NA NA NA NA NA NA NA NA NA NA (NA) (NA 40,463 6,255 2,037 32,170 7,668 24,502 October 2002 137 SURVEY OF CURRENT BUSINESS and Earnings by Industry,11999-2001—Continued of dollars] Indiana Michigan Wisconsir Ohio Iowa Plains Kansas Line 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 154,919 6,045 25,628 165,815 6,090 27,228 169,885 6,115 27,783 276,541 9,897 27,942 293,744 9,952 29,516 297,609 9,991 29,788 304,515 11,335 26,864 320,377 11,360 28,202 327,745 11,374 28,816 143,855 5,333 26,976 152,953 5,372 28,471 158,116 5,402 29,270 512,109 19,131 26,769 547,631 19,263 28,429 111,220 7,000 2,809 107,029 27,828 20,062 116,578 7,197 3,348 112,730 31,552 21,534 117,624 7,345 3,450 113,729 32,544 23,612 203,069 12,491 213,720 12,940 211,961 13,010 859 959 984 191,437 47,857 37,248 201,739 53,763 38,242 199,936 55,193 42,481 218,175 12,328 -1,350 204,497 57,168 42,850 227,807 12,639 -1,391 213,777 61,264 45,336 230,611 12,923 -1,376 216,312 62,286 49,147 101,773 6,336 2,481 97,917 28,255 17,683 106,678 6,565 2,687 102,801 31,328 18,824 109,285 6,799 2,727 105,212 32,049 20,855 370,991 23,198 -4,098 343,696 102,404 66,009 90,955 10,675 9,591 94,918 11,317 10,343 95,207 11,714 10,703 166,691 19,490 16,887 175,610 20,527 17,583 173,309 20,857 17,796 -175 17,971 178,292 20,520 19,362 186,490 20,816 20,502 188,245 21,535 20,830 83,386 9,545 8,841 87,895 10,036 8,747 -219 8,967 89,663 10,515 9,106 -35 248 376 306 -89 9,626 10,095 10,327 16,581 17,672 289 430 371 323 19,073 20,072 20,459 8,518 -86 9,192 230 501 661 812 471 389 625 752 734 891 407 546 110,991 96,269 116,077 100,392 116,962 100,671 202,257 175,704 213,248 185,501 211,573 182,619 217,550 185,570 227,056 193,744 229,877 195,055 100,882 86,511 106,271 91,090 108,739 92,548 539 534 6 472 633 1,011 978 33 551 106 19 283 143 1,093 1,062 1,147 NA) NA 1,040 1,025 1,124 1,112 1,189 (NA) 302 183 Dj 595 NA) NA NA NA 15 828 -77 293 356 257 12 934 265 59 148 585 579 5 422 (D) 204 (D) 153 635 615 21 166 2 17 9 138 671 652 19 174 (D) 10 (D) 151 7,434 7,768 7 892 11,406 12,456 12 372 12,605 13,245 13 28 6,647 7,030 7 238 32,676 23,846 1,131 33,336 24,460 1,109 61,516 48,370 64,458 50,529 59,604 46,305 27,331 17,221 1,145 904 815 671 512 3,958 2,650 3,512 2,412 6,233 1,279 1,157 2,317 1,240 2,123 6,701 7,364 1,902 26,127 612 484 3,932 2,571 3,450 2,421 6,021 1,226 1,029 2,105 1,256 2,036 6,516 7,167 1,878 24,771 1,147 2,738 5,339 1,911 1,381 1,154 2,846 5,301 1,985 1,355 612 895 384 665 886 404 NA) NA NA NA NA NA) NA NA NA NA) NA 26,416 16,670 1,090 26,447 16,208 799 54,808 37,540 1,149 51,924 34,997 750 53,751 36,741 1,081 865 792 31,258 22,554 (NA) (NA) 539 671 13,147 1,615 13,929 1,645 13 299 (NA 23 887 27 893 1,002 1,803 5,060 1,011 1,867 5,656 118 NA NA (|_) 408 432 8,830 1,241 8,876 1,259 ( ( 39 211 638 3$ 231 651 1,408 3,062 1,443 2,978 237 219 1,968 2,040 (D) (D) 6,792 7,075 NAJ 458 NA) NA NA NA NA NA) NA) NA) NA) NA) NA NA) NA) 8,705 NA NA IMM NA NA NA NA NA NA 31 612 (D) 1 276 665 698 2,067 4,957 5,909 7,571 3,456 7,516 1,678 1,192 2,164 5,038 6,117 7,469 3,753 7,464 1,746 1,261 648 681 17,010 2,405 17,268 2,479 //VIA (IMM NA) NA) 898 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 408 10,110 2,559 (NA 164 167 2,716 1,931 2,789 2,045 844 (D) 884 (D) 328 1,622 2,993 5,079 1,653 3,036 5,160 (NA) 111 411 389 (NA) 2,509 2,587 (NA) 3,971 4,033 1,379 1,424 128 131 (NAJ 40 38 NA) NA) 122 110 10,711 10,890 12,156 NA (NA) NA) 7,256 (NA) (NA) 10,240 2,638 2,630 113 (D) NA 70 79 (NA (NA (NA 1 0(34 1 ',263 D) 1,100 1,328 NA) NA (D) 2,059 2,428 2,9) NA (NA 2 $ (NA 2,009 (D) 3,155 2,038 NA) NA) 2,576 6,327 10,039 7,256 2,096 5,160 6,693 10,475 7,512 2,100 5,413 6,654 10,694 7,893 13,262 17,357 11,890 3,539 8,351 12,414 17,786 12,599 (NA) (NA) 14,347 20,445 15,312 4,794 10,518 15,154 21,415 15,938 4,852 11,085 14,757 21,831 16,931 24,732 26,526 P! 12,628 16,536 11,562 3,523 8,040 27,935 50,254 53,662 58,430 459 961 163 NAj 711 754 1,568 1,596 260 276 55,212 (NA) (NA) (NA) 55,086 439 952 153 4,476 4,854 1,029 12,690 1,501 13,453 1,618 666 722 1,556 1,842 (D) (°i 296 306 NA) NA NA) NA) NA) NA NA NA) NA NA NA) NA NA NA) 14,722 2,340 15,685 2,562 16 291 2,435 26,553 3,477 27,747 3,660 (NAj 28,953 3,589 348 374 391 374 396 415 12,033 3,412 8,622 12,750 3,696 9,054 13,466 3,938 9,528 22,701 6,671 16,030 23,691 7,147 16,545 24,949 7,523 17,427 968 396 1,110 430 1,233 125 132 9,255 1,221 1,016 9,906 1,295 1,109 1,083 982 35 1,209 2,099 39 1,286 2,243 Io5 (NA (NA (NA (NA (NA 161 318 2,800 NA) 1,172 402 9,746 2,458 (Dj 108 2 751 (D) 1,027 16 927 (NA) /MA\ (IMM) NA) 385 415 15,550 2,486 1,355 1,780 16,449 2,591 1,405 1,927 (NA (NA) NA) NA) NA) NA) NA) (NA) (NA (NA 43 45 1,743 7,246 1,858 7,940 (NA) 712 771 NA 718 (NA) (NAj 180 NA) NA NA NA NA NA NA NA NA NA NA NA NA NA NA 10 23 NA MA IMM NA NA NA NA NA NA NA NA 12,695 12,920 6,000 6,291 6,529 (D) (D) 239 3,999 2,487 2,544 145 163 NA NA NA 237 3,953 NA NA NA 802 856 1,966 2,005 279 295 12,028 1,776 12,787 1,936 659 731 1,789 1,841 n 1,095 1,038 1,114 1,120 1,181 6,124 9,017 7,182 1,775 5,407 6,438 9,622 7,491 1,765 5,726 6,486 9,880 7,825 61,317 NA) 24,324 26,042 27,244 542 807 123 581 818 131 4,995 5,356 784 271 848 121 856 321 887 131 8,749 1,283 1,021 1,220 9,362 1,330 1,095 1,350 NA) NA) (NA) b NA NA NA NA) NA) 27 30 1,089 2,182 1,155 2,367 262 272 NA NA NA NA NA NA (NA NA NA NA NA NA NA NA NA NA 34 82 5,652 14,371 1,702 15,181 1,848 16191 1,818 943 969 293 303 320 26,702 6,371 20,331 28,201 6,639 21,562 12,375 3,332 9,043 13,029 3,597 9,432 14,053 3,795 10,258 122 137 2,001 6,534 2,112 6,913 526 564 NA) NA NA NA NA NA (NA NA NA (NA (NA NA NA 31,980 5,360 33,311 5,666 902 227 251 19,016 3,257 2,015 2,089 20,067 3,491 2,190 2,253 25,718 6,314 19,404 : 30 1999' 2000' 2001' 1999' 2000' 2001' 566,457 19,324 29,313 72,912 2,918 24,990 77,790 2,928 26,572 79,893 2,923 27,331 69,960 2,678 26,121 74,124 2,692 27,537 76,973 2,695 28,565 1 2 3 393,351 24,225 -4,497 364,629 113,056 69,946 403,851 25,291 -4,587 373,972 116,130 76,354 51,258 3,303 54,048 3,397 54,999 3,530 50,078 3,085 52,116 3,204 53,879 3,354 517 595 580 631 940 952 48,472 14,574 9,866 51,246 16,073 10,471 52,049 16,615 11,230 47,624 13,617 8,719 49,852 14,957 9,315 51,477 15,413 10,082 4 5 6 7 8 9 295,195 32,961 42,835 5,271 37,563 313,832 35,152 44,367 4,884 39,483 322,783 37,150 43,917 3,446 40,471 40,504 4,521 6,233 43,267 5,009 6,723 1,050 5,673 39,092 4,644 6,342 1,061 5,281 41,314 4,926 5,877 42,667 5,220 5,992 5,298 42,281 4,771 6,996 1,470 5,526 7,220 363,771 307,197 6,904 386,447 326,480 5,695 398,156 334,452 1,278 49,980 41,793 1,797 52,251 43,589 1,421 53,578 44,475 1,382 48,696 40,064 2,322 2,294 2,464 2,438 2,612 28 26 NA) NA 1,616 1,722 1,712 395 180 626 520 NA) NA NA NA 86 394 389 4 99 (D) 5 (D) 89 424 NA) NA 101 NA NA NA NA) 359 357 2 462 386 (D) 530 383 379 4 100 (D) •j{ 382 (D) 25,242 26 383 3,277 3,297 3 454 2,996 (D) 3,195 3 25 65,140 39,022 2,238 1,232 1,651 (Dj 4,613 9,968 4,506 3,691 4,874 67,867 40,951 66,557 39,700 10,358 6,423 10,802 6,757 10,618 6,558 8,891 5,731 9,012 5,806 9,135 5,942 (0) 463 269 305 435 769 (Dj 289 328 462 830 144 70 272 124 377 1,967 2,032 772 565 171 1,039 26,916 9,374 738 549 159 591 179 3,935 1,843 n u 13 4,045 1,870 o u NA) NA NA NA) NA) NA) NA NA) NA) NA NAj 4 060 146 58 255 134 351 947 378 448 & NA) NA NA NA NA NA) NA NA NA) NA) NA) 26 857 NA) NA) NA) NA NA NA NA NA NA NA NA 3 193 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 NA 41 (D) 23,701 26,118 9,080 •j 94 687 (Dj 5,982 1 335 1>52 (D) 4 901 10|476 4,900 3,806 4,798 •j 100 641 6 $ NA) MA\ IMM; NA) NA NA NA NA NA 935 (Dj (Dj 189 95 256 699 390 18 (Dj 89 261 740 414 (D) 595 26 608 29 H 2,749 290 270 5,587 5,721 629 664 51,487 42,394 53,215 43,632 388 385 2 532 (L) D) 454 1,001 391 402 2,730 178 85 175 119 NA 3,160 1,120 MA IMM n U 3,206 1,162 n U 9 NA NA NA NA NA) NA) 412 (NA) (NAj 556 NA NA NA NA MA IMM 10 11 12 13 14 15 16 17 AO *tt NA) 43 204 748 457 103 86 192 762 451 105 NA) NA) NA) NA NA) ,44 45 46 47 48 422 (D) 426 12 (NA) (NA) (D) 87 (D) 396 3,833 2,804 2,911 243 (D) 28,684 2,453 8,135 157. 5,719 7,739 4,481 30,528 2,437 8,322 30,965 (NA (NA 3,351 3,497 3,525 4,486 5,148 5,121 243 (D) 1 467 NA 35 37 (0) 990 (D) 1 060 166 NA NA NA (D) 1,416 NA NA NA 49 50 51 52 53 54 6,174 8,811 4,617 NA NA 347 734 (Dj 818 NA NA 522 1,870 55 56 577 577 NA 646 2,375 643 NA NA NA (NA 26,055 34,002 30,326 8,512 21,814 27,396 35,738 32,303 8,707 23,595 27,495 37,114 34,327 3,616 4,721 4,063 1,198 2,865 3,593 4,952 4,274 1,280 2,994 3,491 5,100 4,522 3,448 4,643 3,221 3,635 4,827 3,400 3,615 4,977 3,609 NA NA 911 945 2,310 2,455 NA) NA) 95,351 2,141 3,262 103,222 2,270 3,305 107,288 11,925 12,682 13,239 11,558 12,258 12,949 224 439 90 232 440 95 198 431 80 23,715 3,769 1,413 3,841 2,436 2,614 2,498 2,673 455 208 593 51 477 231 612 54 428 221 239 43 453 252 249 45 4,188 4,470 3,947 4,173 529 560 598 9 448 910 186 564 603 643 11 470 979 187 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA) NA) 196 432 76 21,450 3,540 1,239 3,649 NA) NA) NA NA) NA NA) NA) NA) NA) NA) NA) NA) NA) NA) NA) NA) 447 338 517 6 458 475 361 540 10 475 8,187 1,114 8,663 1,174 9102 1,139 205 222 233 6,868 2,337 4,531 7,266 2,513 4,754 7,730 2,652 5,078 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 85 434 469 475 31,176 5,198 4,107 4,111 33,238 5,526 4,484 4,487 129 3,767 8,992 (D) 56,574 10,123 3,719 42,732 12,839 29,893 3 $ 10,345 1,655 59,967 10,779 3,957 45,231 13,709 31,521 (NA (NA (NA (NA 63 705 10,741 4,105 48,858 14,474 34,384 (NA (NA '£8 195 213 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 8,633 1,519 1,019 6,095 1,698 4,397 9,093 1,615 1,084 6,393 1,766 4,627 9 583 1,618 1,131 6,834 1,879 4,954 1,516 1,629 State Personal Income 138 October 2002 Table 3. Personal Income by Major Source [Millions Missouri Minnesota Nebraska North Dakota South Dakota Item Line 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 146,891 4,873 30,141 158,817 4,931 32,207 164,589 4,972 33,101 143,858 5,562 25,865 153,830 5,604 27,452 158,906 5,630 28,226 45,274 1,705 26,558 47,534 1,713 27,756 109,068 6,963 -955 101,150 29,838 15,904 117,383 7,383 -1,087 108,913 33,061 16,843 120,924 7,739 -1,109 112,077 33,763 18,749 104,412 6,338 -3,086 94,988 27,869 21,001 110,999 6,596 -3,676 100,727 30,832 22,270 113,629 6,848 -3,732 103,049 31,460 24,396 32,927 2,026 -622 30,280 9,303 5,691 89,406 9,042 10,620 856 9,764 96,588 9,759 11,035 755 10,280 99,764 10,378 10,782 239 10,543 83,912 9,743 10,757 -65 10,822 88,916 10,381 11,702 361 11,340 90,852 10,876 11,901 279 11,622 Farm Nonfarm Private Agricultural services, forestry, fishing, and other8 Agricultural services Forestry, fishing, and other8 Mining Metal mining Coal mining Oil and gas extraction Nonmetallic minerals, except fuels Construction Manufacturing Durable goods 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 electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries Nondurable goods Food and kindred products Tobacco products Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastics products Leather and leather products Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric, gas, and sanitary services Wholesale trade Retail trade Finance, insurance, and real estate Depository and nondepository institutions Other finance, insurance, and real estate 1,313 107,754 93,639 1,261 116,122 101,067 748 120,177 103,969 203 104,209 88,354 618 110,381 93,500 595 585 11 423 305 638 628 10 429 312 8 678 (NA) NA 37^ (NA 551 545 5 284 (D) 587 583 4 295 (D) 7,851 7,052 7,613 21,139 12,640 968 263 434 366 1,650 4,114 1,556 394 320 2,291 284 8,499 2,262 0 43 110 1,984 2,384 725 156 7,413 22,417 13,595 1,061 295 466 390 1,759 4,300 1,835 424 364 2,374 327 8,822 2,289 0 44 121 2,077 2,480 757 160 21,993 13,038 NA) (NA) (NA) (NA) (NA) (NA) NA (NA) (NA) (NA) (NA) 8,955 (NA) NA NA NA NA 17,858 10,297 430 492 461 573 1,403 1,596 1,209 2,023 1,515 352 244 7,562 2,091 18,359 10,634 459 525 472 585 1,446 1,727 1,271 2,132 1,384 370 262 7,725 2,163 758 77 6,939 818 76 7,406 1,602 43 (D) 1,367 1,015 8,337 9,965 9,847 2,395 7,453 1 550 1]O62 9,007 10,534 10,820 2,451 8,368 Services Hotels and other lodging places Personal services Private households Business services Auto repair, services, and parking Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services Social services Museums, botanical, zoological gardens Membership organizations Engineering and management services Miscellaneous services Government and government enterprises Federal, civilian Military State and local State Local 29,602 656 973 125 7,692 953 284 1,040 178 8,821 1,791 1,092 1,460 56 1,118 2,888 477 14,115 2,027 304 11,784 3,235 8,549 32,403 716 1,001 133 8,546 1,027 328 1,136 172 9,589 1,907 1,196 1,612 62 1,191 3,297 490 15,054 2,196 315 12,544 3,507 9,037 Income by place of residence Personal income (lines 4-9) Population (thousands)2 Per capita personal income (dollars)3 Derivation of personal income Earnings by place of work (lines 10-14 or 15-85) Less: Personal contributions for social insurance4 Plus: Adjustment for residence5 Equals: Net earnings by place of residence Plus: Dividends, interest, and rent 6 Plus: Transfer payments Earnings by place of work Components of earnings: Wage and salary disbursements Other labor income Proprietors' income7 Farm Nonfarm 2001' 1999' 2000' 49,489 1,713 28,886 14,846 644 23,043 16,027 641 25,007 16,434 634 25,902 18,368 750 24,477 19,509 756 25,823 20,174 757 26,664 34,127 2,102 -668 31,358 10,287 5,889 35,236 2,185 -677 32,374 10,692 6,423 10,493 688 -368 9,437 3,061 2,348 11,224 710 -369 10,144 3,348 2,535 11,432 757 -385 10,290 3,489 2,654 12,755 795 -215 11,745 4,143 2,480 13,454 832 -233 12,389 4,497 2,623 13,752 879 -216 12,656 4,698 2,820 25,152 2,881 4,895 1,284 3,611 26,615 3,055 4,458 622 3,836 27,328 3,219 4,689 778 3,912 8,044 998 1,450 237 1,213 8,434 1,052 1,738 473 1,265 8,856 1,142 1,434 130 1,303 9,086 1,133 2,537 963 1,573 9,685 1,208 2,562 913 1,649 10,049 1,306 2,396 699 1,697 568 113,060 95,444 1,599 31,328 25,871 956 33,171 27,482 1,165 34,072 28,045 366 10,127 7,940 609 10,615 8,324 288 11,145 8,583 1,079 11,676 9,535 1,035 12,419 10,124 841 12,911 10,303 630 NA) NA 297 NA NA NA NA 8 04 233 231 2 96 (D) 249 248 1 104 (D) 92 91 1 194 (!-) 96 95 1 202 (L) 100 108 105 3 57 27 112 110 2 61 29 2,083 4,334 2,152 82 109 110 79 320 497 478 149 96 195 37 2,182 1,320 (Dj 10 29 73 328 165 (D) 2,186 4,547 2,263 90 107 122 91 351 539 462 153 107 199 43 2,284 1,399 252 (NA) (NA) 104 NA NA NA NA 2 20 4,464 2,103 NA NA NA NA NA NA NA NA NA NA NA 2 36 (NA NA NA NA NA NA NA (NA 83 29 766 831 532 48 18 36 (D) 43 233 41 65 28 (D) 12 299 167 100 27 738 894 583 52 21 40 (D) 45 259 46 64 33 (D) 13 310 172 737 1,727 1,247 102 22 49 47 77 615 107 63 7 77 80 481 278 1,836 1,312 116 27 52 41 93 618 123 66 9 82 86 524 318 115 (NA) NA 55 NA) NA NA) NA) 838 1,679 1,143 NA) NA) NA NA NA NA) NA) NA NA NA) (D) 70 (D) (D) (D) 72 7 (D) 29 87 11 (D) 31 90 11 0 244 11 3,321 (D) 1,132 (D) 311 485 624 2,095 2,775 2,558 693 1,865 252 6 3,449 (D) 1,188 23 (D) 867 109 260 25 (D) 905 107 253 (NA) (NA) 953 NA NA NA NA NA NA 845 1,092 721 (NA) (NA) 52 1 800 44 321 (D) (D) 203 130 737 1,273 925 507 418 52 1 821 43 321 2,995 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 2 56 523 458 1,580 611 969 3,172 119 109 19 440 135 49 143 11 1,352 114 133 156 4 168 160 60 2,141 581 223 1,337 474 863 2001' 1999' 2000' 2001' Earnings by industry See footnotes at end of table. 8 6,791 (Q) (P) 1,606 47 E NA (NA (NA) P 7,627 (NA (NA NA NA (NA 9,185 11,045 11,830 (NA) (NA) 33,386 (NA NA NA NA NA NA NA NA NA NA NA NA NA NA (NA NA 16,20* 2,176 330 13,701 3,694 10,007 il Si I 338 557 1,667 1,968 101 574 1,693 2,021 130 709 116 8,920 514 2,414 76 1,738 2,937 1,241 730 101 9,302 511 2,426 78 1,812 3,192 1,282 7,006 9,637 9,063 2,566 6,497 7,351 10,112 9,412 2,488 6,924 27,984 717 937 168 5,654 1,148 331 1,388 151 8,953 1,846 1,591 929 37 1,159 2,629 345 15,855 3,533 994 11,328 3,406 7,923 30,470 751 949 178 6,337 1,223 376 1,442 157 9,418 1,965 1,736 1,028 43 1,219 3,288 359 16,881 3,746 1,095 12,040 3,678 8,362 17,754 10,318 N N N NA NA NA NA NA N NA N 74 NA NA NA NA NA NA (NA (NA NA) NA) 9,375 NA NA NA NA NA NA 7,337 10,506 9,740 NA) NA) 31 763 NA) NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 17616 3,704 1,117 12,795 3,847 8,949 l 8,377 146 269 52 2,327 297 100 175 24 2,703 387 326 307 14 286 708 257 5,457 897 544 4,016 1,143 2,873 (D) 26 80 337 172 (D) 3(3°i 507 650 2,209 2,923 2,708 737 1,970 9,107 155 272 55 2,612 316 116 178 25 2,879 412 361 341 15 300 778 291 5,690 942 561 4,187 1,161 3,026 (NA (NA 3,501 NA NA NA NA NA NA 2,170 3,010 2,809 (NA (NA 9,535 NA) NA NA) NA NA) NA) NA NA NA NA) NA NA NA NA) NA NA) 6 026 937 587 4,502 1,251 3,251 H H U U 143 249 817 989 649 243 407 157 266 835 1,044 690 251 439 2,734 84 103 402 124 46 72 10 1,211 84 68 146 3 130 181 2,921 88 103 (D) 454 130 53 78 11 1,279 84 79 155 3 139 192 2 $ 453 430 1,304 547 758 2,291 483 443 1,366 571 794 (°i NAj NA 224 (NA NA NA NA 73 915 597 (NA (NA NA NA NA NA NA NA (NA NA (NA 31 (NA) NA NA NA NA NA NA (NA) 8 1 800 1 6 %l 212 137 765 1,348 1,000 556 444 3,381 130 109 20 479 143 57 146 11 1,431 120 147 167 (D) 176 181 624 237 1,435 514 921 NAJ NA NA NA NA NA NA NA NA NA NA 863 (NA NA NA NA NA NA 851 1,385 1,096 (NA) (NA) 3,421 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA) 2 608 643 249 1,716 540 1 17C October 2002 139 SURVEY OF CURRENT BUSINESS and Earnings by Industry,11999-2001—Continued of dollars] Southeast Alabama Arkansas Florida Louisianc Kentucky Georgia Line 1999' 2000' 2001' 1,719,649 68,569 25,079 1,841,660 69,494 26,501 1,915,549 70,305 27,246 1,200,067 72,947 9,661 1,136,781 334,325 248,543 1,278,005 76,637 9,664 1,211,032 367,422 263,206 952,651 117,205 130,212 10,018 120,194 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 100,532 4,430 22,693 105,796 4,451 23,766 109,773 4,464 24,589 56,004 2,652 21,119 59,205 2,678 22,108 61,613 2,692 22,887 424,726 15,759 26,951 454,106 16,054 28,286 474,626 16,397 28,947 213,792 8,046 26,571 232,179 8,230 28,212 240,896 8,384 28,733 91,093 4,018 22,671 98.125 4,047 24,244 101,326 4,066 24,923 99,047 4,461 22,204 103,824 4,470 23,227 109,560 4,465 24,535 1 2 3 1,319,614 80,265 10,088 1,249,437 376,867 289,244 70,020 4,445 72,249 4,547 74,541 4,735 905 66,404 17,535 16,593 68,609 19,615 17,573 70,711 20,098 18,964 40,577 2,591 -295 37,691 11,104 10,410 41,724 2,718 -304 38,702 11,437 11,473 284,175 17,440 1,028 267,763 118,852 67,491 296,595 18,526 1,027 279,096 122,125 73,404 165,063 9,504 -396 155,163 34,976 23,653 177,883 10,110 -480 167,293 39,519 25,366 183,261 10,515 -483 172,263 40,708 27,924 64,661 3,971 -878 59,812 15,747 15,535 68.851 4.123 -954 63.774 17.767 16,583 70,499 4,304 -1,057 65,138 18,306 17,883 68,976 3,772 -105 65,099 16,544 17,404 71,549 3,848 906 38,933 2,503 -292 36,138 9,964 9,902 264,502 16,385 828 67,614 18,364 17,846 74,520 4,064 -123 70,333 18,772 20,455 4 5 6 7 8 9 1,018,366 123,917 135,721 8,626 127,095 1,050,295 130,092 139,227 8,529 130,698 55,597 6,738 7,685 1,173 6,513 57,663 7,024 7,562 59,028 7,389 8,124 1,111 7,013 29,925 3,570 5,438 1,441 3,997 31,513 3,787 5,278 1,018 4,260 32,524 4,003 5,197 228,629 26,791 28,755 239,379 27,943 29,274 144,367 17,431 21,463 1,568 19,895 54,348 7,150 7,353 1,177 6,175 53,676 7,016 8,284 55,631 7,221 8,697 58,069 7,647 8,804 28,632 140,795 16,517 20,571 1,335 19,236 55,860 7,509 7,131 27,880 130,104 15,410 19,549 1,834 17,715 51,538 6,715 6,408 4,384 210,164 25,514 28,824 2,152 26,672 10 11 12 13 14 13,065 1,187,003 970,809 11,556 1,266,449 1,037,733 12,202 1,307,412 1,068,240 1,295 68,725 54,965 71,391 57,064 1,279 73,262 58,442 1,701 37,232 30,762 1,267 39,310 32,500 1,092 40,632 33,460 3,007 261,495 217,821 1,762 282,413 236,520 1,824 294,772 247,195 2,088 162,976 137,241 1,598 176,285 148,970 1,917 181,344 152,394 63,930 52,160 1,362 67,489 55,037 8,544 7,684 9,177 8,317 340 302 38 202 364 319 45 224 2,650 2,499 2,880 2,718 3,047 (NA) 151 396 162 570 (NAj 432 1,163 (NA) (NA) 463 457 6 502 497 5 416 5 289 152 NA) NA NA) 24 28 224 (NA) NA 1,351 (L) 1,097 125 1,198 4 331 148 I 962 853 109 431 1,058 9,479 107 483 390 93 638 (NA) (NA) 9,362 477 376 101 655 401 860 9,834 NA) NA 10 212 NA NA NA 505 860 (DJ 3,223 (W 4$ 1,793 76,098 (D) 81,721 181,666 99,147 10,212 6,390 5,973 7,172 10,703 16,719 15,263 188,533 104,292 10,415 6,634 6,383 7,647 11,192 17,316 16,818 (D) (D) (D) D 4 900 2,224 82,519 14,049 2,230 13,085 5,034 9,668 11,656 16,028 1,516 5,304 2,362 84,241 14,678 2,368 12,922 4,614 9,726 12,118 16,567 1,494 NA 1999' 732 6,831 858 648 813 145 (NA NAj 252 (NA) NA NA I n 957 249,074 111,789 63,862 875 641 172 193 NA 68 NA 280 295 84 91 4,500 4,716 4 876 2,209 2,417 2,521 15,801 17,548 (NA) 18,803 182,959 100,268 13,680 7,849 1,244 13,836 7,957 1,234 13,441 7,636 8,142 4,532 8,446 4,741 8,258 4,488 20,491 12,927 21,592 13,824 21,342 13,595 NA) NA) NA NA NA NA NA) NA NA NA NA) 805 5 NA NA NA NA NA NA NA NA 709 303 185 444 775 600 635 314 289 171 107 718 310 190 475 829 629 651 331 322 175 111 NA) NA NA NA NA NA NA NA NA NA 802 371 957 259 851 406 NA) NA NA NA NA NA NA NA NA NA NA 3,610 1,498 3,704 1,513 iti 100 (L) 120 88 693 388 293 40 3 770 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 338 392 343 414 1,231 1,255 886 890 1,141 1,106 823 817 676 138 161 872 804 735 142 161 82 691 5,831 5,879 (NA NA NA NA NA (NA NA 971 19 996 (D) 1,048 1,062 615 560 1,134 1,120 533 786 70 554 793 74 (NA) 64 675 354 285 40 NAJ 1,208 1,628 3,168 1,017 275 1,332 1,756 3,566 295 305 2,212 1,670 2,223 1,722 357 372 7,564 1,598 7,768 1,709 85 102 491 632 99 100 459 637 2,535 1,296 2,625 1,327 97 125 7 747 NA NA NA NA NA NA NA (NA 950 108 435 519 5,889 730 -87 748 338 237 6,383 7,947 8,460 132 8,672 973 522 412 330 69,526 56,301 68,454 55,225 71,137 57,397 74,190 59,721 522 NA 461 320 142 476 334 142 1,335 NA) NA NA 3,101 32 32 2,942 3,301 23 24 3,148 (NA) 503 (NA) (NA) 3,750 NA) NA NA 8 400 401 NA 129 147 135 NA 95 105 NA 9,816 10,614 11056 3,923 4,196 4 330 5,288 5,451 5 386 24,333 11,279 1,688 25,445 11,925 1,720 13,366 8,566 13,936 9,033 13,637 8,814 8,950 3,706 9,048 3,696 412 927 736 914 447 195 433 941 995 497 217 458 1,611 1,688 1,062 1,634 1,702 2,006 1,167 1,542 512 24 225 127 535 715 249 (D) 532 28 245 132 552 730 240 473 266 493 305 NA) NA NA NA NA NA NA) NA NA NA 9,190 3,767 (NA) 371 867 713 906 24,364 11,285 (NA) (NA) 13,053 2,787 13,520 3,091 3,310 586 3 $ 561 1,681 2,034 1,376 1,612 2,056 1,482 53 52 (Dj NA) NA NA (NA NA 1,588 1,119 2,375 1,012 1,102 1,593 1,114 2,553 (NA) 13,079 181 158 136 186 157 143 4,800 NA) NA NA NA NA) NA NA NA) 966 233 113 493 529 759 879 152 4,903 1,017 NA NA NA (NA) NA 182 116 460 549 800 950 107 4 NAj NA) NA NA NA) NA NA NA NA) 85 8 5,244 5,352 631 (D) 75 111 619 297 642 (D) 62 108 631 314 2,541 2,660 789 749 Dj 82 93 NA NA NA NA NA (NA) NA NA NA (NAj 5,423 (NA) NA NA NA NA NA (NAj (NA) 654 2 702 (D) 520 48 (NA (NA 677 50 640 47 (NA) (NA) 974 (D) (D) NA) NA) 651 26 706 17 (NA) (NA) 180 (D) 184 (D) (NA) NA) 488 47 1,037 286 (NA) (NA) (NA) 308 87,600 3,226 21,268 2,915 20,862 26,066 13,262 93,978 3,218 21,764 3,197 22,559 29,258 13,981 96,663 4,533 4,756 4,899 3,303 3,431 3,648 16,983 18,285 19,044 16,987 18,769 19,322 5,004 5,337 5,494 5,289 5,606 5,960 NA NA NA NA NA NA (NA NA (NA NA NA (NA NA) 74,324 116,561 87,608 26,932 60,676 79,511 123,141 92,856 28,211 64,645 78,614 127,918 97,878 329,046 10,570 10,520 2,976 82,556 10,123 4,361 12,584 1,899 96,172 19,708 10,600 9,450 (D) 12,195 41,042 (D) 216,193 43,740 28,592 143,862 46,186 97,675 359,337 11,329 10,676 3,182 94,755 10,955 4,866 13,252 2,058 101,723 21,197 11,578 10,449 8,945 9,468 NA NA NA NA NA NA 224 1,514 74 484 82 521 1,128 1,090 1,247 1,169 4,247 6,659 4,234 1,508 2,726 4,225 6,884 4,460 NA NA 4,061 6,474 4,146 1,442 2,703 379,246 16,439 17,495 NA NA NA NA NA NA NA) NA NA NA NA NA NA NA NA NA 252 604 175 268 606 185 3,092 3,329 609 311 273 63 646 349 276 67 5,841 1,200 6,216 1,291 412 460 9 747 443 493 10 784 2,237 2,368 154 162 NA NA) NA) NA) NA) (NA NA (NAJ NA) NA) 13,760 3,304 1,199 9,257 3,235 6,022 14,327 3,455 1,179 9,693 3,390 6,303 14 821 3,468 1,251 10,102 3,540 6,562 406 13,030 45,479 4,402 228,716 46,709 30,199 151,808 48,583 103,225 226 1,531 23917 47,228 31,828 160,117 50,512 109,605 246 249 1,435 1,452 24 346 759 493 26 357 839 508 NA NA NA NA NA NA 1,946 4,346 1,861 2,096 4,598 1,927 2,119 4,774 1999 NA) 629 650 M 1,232 1,277 NA) NA) 18,502 8,412 8,997 9,488 NA) NA NA) NA) 165 342 76 172 337 80 1,646 1,791 386 147 162 55 412 167 170 60 3,461 3,671 368 194 349 3 336 550 172 397 212 377 3 357 599 191 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 6,471 1,193 6,810 1,286 7172 1,289 442 462 482 4,836 2,033 2,803 5,062 2,121 2,942 5,400 2,251 3,149 (NA) (NA) 513 508 3,069 3,075 873 952 4,888 5,335 2,306 5,177 6,097 2,476 17,195 28,807 26,547 6,727 19,821 18,783 30,599 27,849 6,967 20,883 18,997 32,460 29,380 88,951 3,764 2,478 98,414 4,056 2,569 103,691 845 908 22,939 2,483 1,053 5,047 27,005 2,695 1,106 5,382 NA NA 555 618 (NA NA NA NA NA NA NA (NA 24,572 5,646 2,308 2,422 25,973 6,275 2,546 2,724 87 98 (NA (NA NA (NA 2,964 10,591 1,196 43,675 7,423 4,244 32,008 7,728 24,280 3,149 11,932 1,378 45,893 7,888 4,383 33,621 8,092 25,529 (D) (DJ 2,751 2.922 100 (D) 114 (D) NA NA NA NA NA NA 7 65b 1,512 8,656 1,605 14,031 14,527 12,081 3,387 8,694 15,121 15,635 13,042 3,530 9,512 14,772 16.324 13.811 44,073 1,203 1,239 48,852 1,342 1,272 370 400 14,142 1,414 16,301 1,547 431 533 1,060 1,182 834 1,065 1,041 1,154 1,093 3,857 6,581 3,888 1,230 2,658 3,936 6,760 3,979 NA NA) NA NA NA 51,166 14,716 15,630 16,510 18,223 19,190 20,255 316 570 129 340 579 137 531 627 218 578 635 230 2,635 3,013 2,764 3,023 532 238 343 56 580 272 375 59 6,098 6,166 826 439 506 14 533 880 488 570 16 574 661 25,735 5,626 3,426 16,683 5,407 11,275 27,315 6,052 3,691 17,571 5,527 12,045 28,949 6,192 3,974 18,783 5,818 12,965 1,517 6,151 801 (NA) (NA 47,577 8,031 4,663 34,883 8,110 26,773 37 1,087 1,207 3,860 6,838 3,776 (NA) (NA) 571 973 31 657 753 (D) 721 813 231 1,063 1,093 3,852 6,695 3,691 1,131 2,559 1,399 5,570 111 11,606 3,048 1,853 1,125 1,870 226 NA NA NA NA NA) NA) 3,610 6,430 3,297 1,112 2,184 NA (NA NA NA 265 (D) 1 322 '142 124 3,761 6,308 3,844 1,264 2,581 NA) NA NA NA) NA NA) NA NA) NA NA NA NA NA) NA NA NA} 10,926 2,795 1,685 271 1,331 (NAJ 144 153 NA) NA NA NA NA) NA NA NA) NA NA NA) NA) NA) NA NA NA 11,771 1,966 1,744 8,060 2,981 5,079 12,453 2,120 1,894 8,439 3,178 5,261 13,225 2,138 2,023 9,064 3,406 5 658 1,335 1,430 NA) (NA) 195 211 NA) NA NA NA NA NA NA NA NA NA NA) NA NA NA) NA NA 13,228 2,070 1,207 9,951 3,738 6,213 13,740 2,237 1,262 10,242 3,849 6,393 14 469" 2,244 1,336 10,889 4,015 6,874 567 318 614 338 1,299 1,388 68 73 6,127 1,780 6,361 1,809 785 535 28 632 825 550 29 669 1,748 1,856 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 41 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 11 78 79 80 81 82 83 84 85 140 State Personal Income October 2002 Table 3. Personal Income by Major Source [Millions South Carolina North Carolina viississipp Line Tennessee Virginia Item 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 62,163 2,858 21,750 202,744 7,949 25,504 218,537 8,077 27,055 225,234 8,186 27,514 91,249 3,975 22,958 97,659 4,023 24,273 101,110 4,063 24,886 141,117 5,639 25,026 150,344 5,702 26,367 154,911 5,740 26,988 204,937 7,000 29,276 222,498 7,104 31,320 233,107 7,188 32,431 39,426 2,468 1,420 38,377 10,143 11,361 40,192 2,537 1,487 39,141 10,375 12,647 148,027 9,183 -931 137,913 37,600 27,232 158,313 9,663 -990 147,660 41,967 28,910 161,385 9,981 -979 150,425 42,623 32,185 64,193 3,915 1,126 61,404 16,007 13,838 67,742 4,065 1,237 64,914 18,123 14,623 69,265 4,206 1,244 66,302 18,604 16,204 105,017 6,374 -1,017 97,627 21,941 21,549 110,659 6,603 -1,150 102,906 24,169 23,270 112,761 6,826 -1,109 104,827 24,735 25,349 148,651 8,937 8,684 148,399 36,823 19,715 161,931 9,602 8,652 160,982 40,747 20,770 169,249 10,189 9,093 168,153 41,810 23,144 29,827 3,977 4,619 680 3,939 30,789 4,139 4,498 382 4,116 31,005 4,304 4,882 661 4,221 119,435 13,919 14,674 1,610 13,064 127,570 14,824 15,918 2,096 13,822 129,670 15,470 16,245 2,092 14,153 51,960 6,261 5,971 291 5,680 54,788 6,674 6,280 334 5,946 55,779 6,989 6,496 406 6,090 81,140 9,041 14,836 -122 14,959 85,347 9,495 15,818 138 15,679 86,643 9,921 16,198 121 16,077 120,665 16,551 11,436 140 11,296 131,900 17,666 12,365 315 12,050 137,840 18,716 12,692 249 12,444 865 37,559 29,319 559 38,866 30,144 860 39,332 30,234 2,093 145,934 119,901 2,517 155,797 128,022 2,607 158,778 129,578 406 63,787 51,040 453 67,289 53,599 564 68,701 54,620 38 104,980 90,834 278 110,381 95,424 292 112,469 96,803 331 148,320 113,065 482 161,449 123,851 452 168,797 129,504 334 252 82 314 (L) 16 274 25 2,390 327 250 78 289 359 (NA) (NA) 354 (NA) NA NA 998 915 82 234 1,076 1,167 11,20 889 839 50 873 (D) 365 (D) 168 9,866 31,268 16,584 (NA) NA (NA 13,391 6,104 475 139 406 456 758 1,585 900 828 218 185 154 7,287 500 (0) 2,271 419 922 517 1,577 14 21,239 12,911 919 855 782 865 1,921 2,092 1,805 2,379 420 462 412 8,327 1,496 65 496 551 1,075 1,423 1,721 71 602 (NA) NA 272 NA) NA) NA) NA 7 295 20,293 12,013 (NA) (NA (NA (NA (NA (NA NA NA NA) NA NA 8 280 (NA NA NA NA (NA NA NA (NA 799 750 48 860 5 402 296 157 8,957 33,142 17,766 1,367 2,427 530 500 30 290 30 79 25 156 6,953 20,594 12,428 884 833 744 885 1,860 1,955 1,680 2,326 424 440 396 8,166 1,418 63 500 618 1,036 1,399 1,717 56 561 536 25 264 (0) 54 (D) 149 7,296 31,536 16,469 1,385 2,342 872 813 1,349 3,884 2,936 1,421 268 931 269 15,066 1,612 982 4,588 959 1,064 1,211 2,992 37 448 381 67 85 (D) 3 (D) 70 4,803 13,974 6,572 488 143 449 510 769 1,592 1,032 961 241 219 166 7,402 507 (0) 2 294 375 939 532 1,553 14 478 (NA) 10,917 424 357 67 88 (D) 4 (D) 71 4,589 16,174 8,523 950 605 473 575 740 1,158 1,294 769 1,244 555 160 7,650 1,285 599 800 293 885 1,614 1,217 36 16,756 9,003 959 609 520 690 731 1,173 1,407 111 1,410 550 178 7,753 1,278 639 752 220 865 1,731 1,246 33 970 (NA) (NA 899 (NA) (NA (NA (NA) 10,558 16,948 9,184 NA) NA) NA) NA) NA) NA) NA) NA) NA) (NA) (NA) 7,764 NA) NA) (NA) NA) NA) NA) NA) NA) 1,541 81 8,637 163 2,667 44 2,043 2,135 1,585 8,863 13,768 10,812 4,088 6,724 1,638 70 9,115 162 2,725 47 2,210 2,294 1,678 9,375 14,657 11,697 4,365 7,332 (NA) (NA) 9,356 (NA (NA NA NA NA NA 9,220 15,159 12,177 NA) (NA) 1,064 (D) 4,114 113 1,101 93 605 718 1,483 3,285 6,804 4,011 1,145 2,867 1,186 (D) 4,434 (D) 1,167 106 (0) 841 1.553 3,507 7,042 4,139 1,177 2,962 (NA) (NA) 4,596 NA NA NA NA NA NA 3,400 7,187 4,350 NA) NA) 1 296 496 6,852 10,870 7,453 2,303 5,150 1,361 68 8,576 (D) 3,316 103 (D) 1,446 485 7,022 11,427 7,908 2,430 5,478 NA NA 8,691 NA NA NA NA (NA (NA) 6,838 11,678 8,262 (NA (NA 914 8 10,461 437 1,743 291 2,139 4,450 1,400 7,796 12,225 10,734 3,740 6,994 978 10 11,311 435 1,781 312 2,331 4,960 1,492 8,675 13,025 11,542 4,098 7,444 (NA) (NA) 11,189 NA) NA) NA) NA) NA) NA) 8,286 13,502 12,683 NA) NA) 34,735 757 1,229 265 8,664 1,104 435 1,141 149 10,394 1,729 1,437 1,372 40 1,329 4,357 333 26,033 3,437 4,630 17,967 5,935 12,032 37,808 804 1,234 284 9,718 1,201 498 1,232 157 11,145 1,819 1,573 1,499 44 1,434 4,803 362 27,774 3,748 4,832 19,193 6,265 12,929 39,776 NA) NA) NA (NA) NA NA (NA) (NA NA NA) (NA) (NA) (NA (NA) NA) NA 29 201 3,707 5,108 20,386 6,558 13,828 14,335 578 557 156 3,093 550 308 580 61 3,976 1,054 430 470 13 612 1,712 184 12,747 1,661 1,947 9,139 3,375 5,764 15,167 612 562 167 3,325 593 359 558 56 4,246 1,046 462 508 15 651 1,803 205 13,690 1,778 2,066 9,846 3,607 6,239 16,052 NA) (NA (NA NA NA 29,182 1,040 1,130 191 6,190 866 399 1,063 357 9,865 1,217 1,116 703 37 1,075 3,666 267 14,145 3,223 433 10,489 3,146 7,343 31,131 967 1,110 204 6,782 913 438 1,080 397 10,522 1,281 1,220 787 41 1,139 3,945 305 14,957 3,470 489 10,998 3,257 7,741 32,873 (NA (NA (NA (NA (NA (NA (NA (NA) (NA) (NA) (NA) (NA) (NA) NA) (NA) (NA 15,666 3,507 512 11,647 3,429 8,218 45,060 1,015 1,224 373 15,583 1,070 426 864 220 9,122 1,953 1,371 1,103 94 2,017 8,137 489 35,255 11,059 8,108 16,089 5,211 10,878 50,914 1,103 1,249 399 18,547 1,179 486 907 240 9,745 2,146 1,509 1,219 106 2,176 9,372 530 37,599 11,725 8,653 17,221 5,663 11,558 54,470 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) NA) NA) NA) NA) NA) NA) NA) 39 293 11,954 9,023 18,316 5,974 12,343 1999' 2000' 56,920 2,828 20,124 59,881 2,849 21,017 38,424 2,420 1,261 37,266 9,011 10,644 2001' Income by place of residence Personal income (lines 4-9) Population (thousands)2 Per capita personal income (dollars) 3 Derivation of personal income Earnings by place of work (lines 10-14 or 15-85) Less: Personal contributions for social insurance4 Plus: Adjustment for residence5 Equals: Net earnings by place of residence P/ws:Dividends, interest, and rent 6 Plus: Transfer payments Earnings by place of work Components of earnings: Wage and salary disbursements Other labor income Proprietors' income7 Farm Nonfarm Earnings by industry Farm Nonfarm Private Agricultural services, forestry, fishing, and other8 Agricultural services Forestry, fishing, and other 8 Mining Metal mining Coal mining Oil and gas extraction Nonmetallic minerals, except fuels Construction Manufacturing Durable goods 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 electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries Nondurable goods Food and kindred products Tobacco products Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastics products Leather and leather products Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric, gas, and sanitary services Wholesale trade Retail trade Finance, insurance, and real estate Depository and nondepository institutions Other finance, insurance, and real estate.... Services Hotels and other lodging places Personal services Private households Business services Auto repair, services, and parking Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services Social services Museums, botanical, zoological gardens Membership organizations Engineering and management services Miscellaneous services Government and government enterprises Federal, civilian Military State and local State Local See footnotes at end of table. 1 7,651 4,925 812 848 211 174 444 656 705 193 730 46 106 2,726 654 (|_) 131 330 450 239 372 143 (D) 2,460 7,594 4,906 795 861 222 176 456 664 725 160 678 55 113 2,689 653 (l_) 123 301 430 245 390 142 405 2 403 2 2,396 (D) 914 61 2,560 (D) 933 59 524 498 1,802 3,783 1,782 709 1,073 641 517 8,867 773 315 132 1,063 345 176 616 27 3,094 648 261 243 (D) 368 637 (D) 8,239 1,506 1,057 5,676 1,967 3,710 1,831 3,897 1,864 726 1,138 9,322 896 315 140 1,095 365 186 544 28 3,247 686 278 272 5 386 698 181 8,722 1,584 1,119 6,019 2,101 3,917 M 2,410 7,174 4,552 NA) NA (NA) NA (NA) NA NA NA NA (NA) (NA) 2 622 (NA) (NA) (NA) NA (NA) (NA) (NA (NA) (NA (NA 2,615 NA (NA (NA (NA (NA 1,793 3,978 1,905 NA) M 9,648 (NA) (NA) NA) NA) NA NA) (NA) NA NA (NA NA NA NA NA (NA NA 9,097 1,565 1,179 6,354 2,146 4,207 (rj\ 23 (D) 200 10,319 996 80 235 (D) 14 (D) 212 NA) NA) 246 (NA NA NA NA 940 900 (NA NA NA) 300 (NA) (NA) 1,451 4,093 3,332 1,476 1,197 283 15,376 1,648 1,130 4,386 913 1,130 1,271 3,140 51 (NA) (NA) NA NA (NA) 14,684 NA NA NA NA (NA (NA M 76 (NA) (NA) (NA) NA) 4,888 13,592 6,465 (NA) NA) NA) NA) NA) (NA) (NA) NA) (NA) NA) NA] 7,126 (NA (NA NA NA NA) NA) NA) (NA) NA NA (NA (NA (NA (NA NA (NA (NA (NA (NA 14,081 1,735 2,101 10,244 3,659 6,585 1,290 69 8,111 (D) 3,194 96 October 2002 141 SURVEY OF CURRENT BUSINESS and Earnings by Industry,11999-2001—Continued of dollars] West Virginia Southwest Arizona OklahomaI New Mexico Rocky Mountain Texas Line 200V 1999' 2000' 200V 1999' 2000' 200V 1999' 2000' 200V 1999' 2000' 200V 37,772 1,808 20,891 39,772 1,821 21,837 42,354 1,829 23,155 77,474 3,437 22,540 83,035 3,453 24,046 86,750 3,460 25,071 539,390 20,558 26,237 587,228 20,947 28,035 609,489 21,325 28,581 238,279 9,094 26,200 261,082 9,261 28,190 271,486 9,407 28,859 1 2 3 97,060 5,969 460 91,551 26,771 18,991 26,207 1,537 104 24,774 7,082 5,916 27,624 1,615 117 26,125 7,365 6,281 29,411 1,730 111 27,792 7,596 6,966 54,095 3,192 876 51,779 13,715 11,980 57,600 3,337 904 55,166 15,246 12,623 59,918 422,015 3,542 23,643 919 -973 57,295 397,399 80,621 15,586 13,869 61,369 458,501 25,362 -1,055 432,084 90,526 64,619 474,963 26,692 -1,097 447,174 91,553 70,763 179,430 10,112 486 169,804 43,996 24,480 196,540 10,968 565 186,137 48,942 26,002 203,403 11,465 582 192,521 50,528 28,438 4 5 6 7 8 9 76,123 7,742 9,651 237 9,414 78,736 8,349 9,975 363 9,612 20,394 2,799 3,013 547 2,466 21,781 2,935 2,908 300 2,608 23,044 3,186 3,182 493 2,688 39,371 5,378 9,346 801 8,546 41,913 5,794 9,893 574 9,319 43,749 313,216 342,039 34,525 37,372 6,166 10,002 74,275 79,090 488 3,500 2,028 9,514 70,774 77,062 355,124 39,574 80,265 1,796 78,469 137,518 16,345 25,567 1,803 23,765 152,040 18,066 26,434 760 25,675 156,803 19,026 27,575 1,254 26,321 10 11 12 13 14 808 84,728 71,482 573 92,944 78,804 712 96,348 80,360 715 25,492 18,365 484 27,140 19,638 683 28,728 20,434 1,000 53,095 42,094 759 56,840 45,040 4,354 704 59,214 417,662 46,522 356,692 2,821 455,680 390,416 2,724 472,239 403,954 2,765 176,665 146,400 1,812 194,728 162,391 2,347 201,056 166,583 15 16 17 806 799 7 680 530 (D) D 56 6,624 859 852 8 566 401 (D) (D 7i 7,257 198 195 3 860 81 116 590 73 1,826 1,966 1,470 63 21 97 50 71 89 671 50 78 201 79 497 135 2,666 2,499 166 21,142 16 215 20,445 466 30,193 59,942 37,789 1,897 693 2,087 1,523 4,568 9,083 10,588 975 3,500 1,919 956 22,153 3,647 (D) (Dj 1,062 1,362 3,266 8,348 2,027 1,483 1,423 60 3,970 511 (D) (D) 610 15,854 12 29 185 42 46 284 278 5 2,839 (D) (D) 2 729 ' 70 2,735 8,411 4,835 133 84 361 177 861 1,305 550 605 479 161 119 3,577 610 (Dj 16 112 205 362 1,423 270 1,328 1,271 57 3,630 569 (D) D) 555 14,272 20,078 13,881 1,566 420 862 499 1,094 3,227 2,339 483 1,235 1,640 516 6,197 2,070 12 27 176 39 44 209 NA) NA 937 (NA NA (NA (NA 1,97 1,949 1,440 NA NA NA NA NA NA NA NA NA NA (NA 51 NA NA NA NA NA NA NA NA 2,850 NA NA 21 801 (NA (NA 11,949 9,882 333 178 413 282 601 797 3,817 257 2,193 799 212 2,067 354 (L) 35 59 108 869 351 11 185 182 3 765 78 126 481 79 1,666 1,773 1,310 63 18 89 63 66 70 549 54 80 180 78 463 122 303 298 5 3,163 10,683 8,825 328 171 390 273 562 704 3,104 261 2,030 812 190 1,858 327 919 (NA) (NA) 554 NA NA NA NA 7 65 11,474 9,561 NA NA NA NA NA NA NA NA NA (NA NA) 1,913 NA NA NA NA NA NA NA NA 1,639 (NA) (NA) 4,375 NA) NA NA) NA) 16 805 21,241 14,624 (NA NA NA NA NA NA NA NA (NA NA NA 6,618 NA) NA NA NA) NA) NA) NA) NA) 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 269 11 (NA (NA 39 2 NA NA 5,366 181 1,039 10 1,793 1,397 947 5,834 9,623 8,917 2,726 6,191 28,431 1,178 783 181 8,422 1,002 407 1,177 137 7,039 1,384 718 878 37 981 3,818 291 14,140 2,960 1,263 9,917 2,733 7,183 5,565 NA NA NA NA NA NA 5,962 10,077 9,681 NA NA 28,477 NA) (NA NA (NA) NA) NA (NA) NA) NA) (NA (NA) NA) NA) (NA) (NA) (NA) 15,989 3,101 1,319 11,568 2,967 8,601 35 2 1,567 128 320 1 283 434 401 1,052 2,735 1,401 438 962 7,222 250 208 62 1,210 251 94 233 30 1,963 350 193 301 6 308 1,675 89 7,127 1,717 696 4,714 2,300 2,414 1,668 (D) 335 (D) 289 498 419 1,099 2,852 1,408 432 976 7,761 263 208 66 1,326 270 108 253 31 2,081 370 205 336 7 332 1,812 94 7,502 1,812 707 4,984 2,429 2,555 1,740 NA) NA NA NA NA NA 1,113 2,961 1,461 (NA (NA 8,089 (NA (NA (NA NA NA NA NA NA NA NA NA NA NA NA NA 568 (D) 4,200 NA NA 17,799 (NA) (NA) (NA) NA) NA) (NA) 10,883 19,023 16,670 NA NA 58,147 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 1999' 2000' 200V 37,488 1,812 20,691 39,506 1,807 21,861 41,230 774,892 841,016 875,906 30,827 31,386 31,922 1,802 22,881 25,137 26,796 27,439 23,599 1,539 422 22,483 6,389 8,616 24,649 1,577 378 23,450 7,053 9,002 25,621 587,852 1,664 33,625 388 419 24,345 554,646 7,274 124,868 9,612 95,378 661,351 37,932 393 623,812 141,506 110,588 85,535 5,253 412 80,694 23,450 16,114 93,517 5,678 438 88,277 25,927 16,778 18,619 2,493 2,487 -36 2,523 19,395 2,629 2,625 -13 2,638 20,132 442,033 481,856 500,653 2,769 49,757 53,843 57,275 2,720 96,063 101,542 103,424 -14 5,346 3,140 3,140 2,734 90,717 98,403 100,283 69,052 7,055 9,429 498 8,930 -11 23,610 18,476 8 24,641 19,205 12 4,637 4,823 6,876 25,609 580,976 632,605 656,529 19,988 488,633 533,899 551,270 107 103 4 1,440 3 1,164 230 44 1,351 3,360 1,839 305 21 208 553 249 198 67 50 111 51 26 1,521 129 114 108 6 1,368 2 1,064 255 47 1,438 3,525 1,958 334 24 218 620 245 187 68 67 118 51 25 1,567 129 19 41 164 993 31 18 45 178 1,014 35 106 (D) 1,781 (D) 469 42 (D) 342 607 1,123 2,219 1,040 386 655 6,054 176 205 46 745 197 120 134 22 2,696 492 161 314 3 182 502 59 5,135 1,273 155 3,706 1,431 2,276 114 (D) 1,798 (D) 469 48 (D) 361 592 1,145 2,325 1,076 400 676 6,417 190 207 48 826 210 135 158 25 2,826 517 170 325 3 193 522 62 5,436 1,366 168 3,902 1,534 2,368 118 (NA) (NA) 1,532 (NA (NA (NA (NA 1,58 3,452 1,884 NA NA (NA (NA NA NA NA NA (NA NA (NA) 1,568 NA NA NA NA (NA (NA (NA (NA (NA (NA 1,849 NA NA NA NA NA NA 1,170 2,375 1,095 (NA) (NA) 6,815 NA) NA NA) NA) NA NA NA NA NA NA NA NA NA NA NA NA 5 62 1,397 176 4,048 1,604 2,444 1999' 3,762 3,585 177 23,086 (D) 472 (Dj 618 38,514 76,622 49,460 2,321 916 2,757 1,900 5,723 10,522 12,921 1,852 6,071 3,235 1,241 27,162 4,541 6 (D) 1,305 1,659 4,318 9,746 (D) 2000' 637,241 35,992 403 601,652 139,064 100,301 4,027 3,845 182 25,731 (D) 420 (D) 683 42,196 82,861 54,387 2,443 975 2,973 2,043 6,123 11,499 15,657 1,917 6,301 3,076 1,382 28,474 4,775 8 (D) 1,241 1,701 4,692 10,304 2,344 4,305 NA) NA) 26 549 (NA) NA) NA) (NA) 44,591 81,722 52,697 NA NA NA NA NA NA NA NA NA NA NA 29^02 NA) NA) NA NA NA NA (NA (NA 3,014 NA 2,881 NA (D) (D) 49,334 55,690 56,924 1,580 NA 8,904 8,622 NA NA (D) (D) (NA (D) 15,461 13,627 15,580 (NA 13,341 (NA 11,363 39,667 42,794 42,225 54,271 58,388 61,333 46,596 49,631 52,754 12,240 12,865 NA) 34,356 36,767 NA) 156,781 172,581 180,866 3,863 4,138 NA) 5,004 NA) 4,946 NA 1,470 1,578 41,960 48,092 NA NA 5,243 5,695 NA 2,316 2,685 4,234 4,467 NA 1,193 1,283 NA NA 41,452 44,175 10,450 11,314 NA NA 4,139 4,552 4,484 NA 4,118 187 NA 170 NA 5,218 5,554 NA 22,978 25,929 3,033 NA 3,446 92,343 98,706 105 25 19,541 18,208 19,458 10,064 10,569 9,516 64,618 69,183 75,150 18,945 20,038 21,305 45,673 49,145 53,845 1999' 120,257 5,024 23,937 60 105 703 332 (D) 282 12 4,904 (D) 960 8 (D) 1,226 895 5,392 8,907 8,413 2,617 5,796 25,073 1,092 763 167 6,840 926 384 1,068 137 6,607 1,277 621 805 34 912 3,183 258 13,245 2,756 1,180 9,309 2,640 6,569 2000' 2001 ' 130,982 137,314 5,165 5,307 25,358 25,872 k 1,935 726 5,633 2,576 3,057 (Dj 993 (D) 1,081 1,069 940 2,598 5,119 2,991 943 2,048 12,917 176 438 123 2,795 671 204 268 60 4,297 755 367 492 9 721 1,332 208 11,002 2,700 1,409 6,893 2,482 4,410 n 3,059 73 2,920 9,004 5,246 150 84 376 188 884 1,530 580 635 530 156 134 3,758 638 (D) 18 109 202 371 1,563 261 585 (D) 4,487 108 991 9 1,164 1,216 1,000 2,723 5,427 3,102 974 2,128 13,910 186 427 130 3,098 728 242 281 62 4,495 837 393 534 10 768 1,486 231 11,800 2,982 1,467 7,351 2,578 4,773 327 NA NA 3!257 NA) NA) NA) NA) 3 251 8,668 4,841 (NA (NA (NA (NA NA NA NA NA NA NA NA 3 82 NA) NA NA NA) NA) NA) NA) NA) 2,488 2,326 162 18,802 8 242 18,138 413 27,489 55,754 34,491 1,797 642 1,917 1,388 4,234 8,444 8,718 932 3,482 2,082 854 21,263 3,483 (D) (D) 1,121 1,323 3,078 7,952 2,005 1,996 NA) 2,121 NA) 178 179 38,664 4,774 44,169 NA) 1,160 1,153 NA 6,349 6,540 NA 697 815 NA 10,433 12,215 NA 10,898 12,470 9,127 NA 10,975 30,626 2,829 33,138 5,628 37,509 40,485 3,245 33,792 36,204 (NA) 8,242 8,733 25,549 27,471 (NA) 14,543 111,569 122,479 NA 2,345 2,511 NA 3,538 3,587 NA 1,119 1,202 NA 31,114 35,245 3,394 NA 3,695 NA 1,635 1,927 NA 2,665 2,756 NA 966 1,053 28,584 NA 30,560 8,067 NA 8,722 NA 2,958 3,236 NA 2,520 2,736 121 NA 133 NA 3,278 3,473 NA 16,789 18,813 (NA) 2,478 2,829 12,692 60,969 65,264 11,704 2,966 11,036 1,534 6,231 6,627 43,702 8,191 46,932 11,522 12,297 2,786 5,405 32,180 34,635 {K 31,71 59,631 36,855 NA) NA) NA) NA NA NA NA NA NA NA NA 22,776 (NA NA NA (NA (NA (NA (NA (NA (NA (NA 44,846 NA NA NA NA NA NA 32,321 42,667 38,368 NA NA 129,757 NA NA NA NA NA NA (NA (NA (NA (NA (NA (NA) (NA) NA) NA) NA) 68 285 11,537 6,990 49,757 12,976 36,782 22,148 15,586 1,704 458 937 533 1,178 3,553 3,118 527 1,232 1,800 546 6,562 2,144 I £ 427 1,827 908 (D) 454 1,995 974 (D) 477 63 16,544 502 61 18,032 850 2,813 16 3,094 8,546 2,713 11,041 18,211 16,131 3,840 12,292 55,520 1,884 1,441 298 16,461 1,925 735 2,323 709 12,557 2,562 1,612 1,727 (D) 2,226 8,060 (D) 32,337 7,581 2,918 21,838 7,499 14,339 852 2,740 (D) D) 7,588 2,644 9,783 17,035 14,902 iSI 48,830 1,746 1,408 277 13,254 1,798 634 2,121 473 11,608 2,317 1,426 1,528 (D) 2,118 7,249 (D) 30,265 6,982 2,773 20,510 6,953 13,557 NA) NA) NA) NA) NA NA NA NA NA NA NA NA NA NA NA 34,47 7,725 3,058 23,691 8,009 15,681 142 State Personal Income October 2002 Table 3. Personal Income by Major Source [Millions Montana Idaho Colorado Wyoming Utah Item Line 1999' 2000' 2001 1999' 2000' 2001' 1999' 2000 2001' 1999' 2000' 2001' 1999' 2000 2001' 29,416 Income by place of residence Personal income (lines 4-9) Population (thousands) 2 Per capita personal income (dollars) 3 128,192 142,752 147,860 4,226 4,323 4,418 30,334 33,018 33,470 28,931 1,276 22,679 31,314 1,299 24,101 32,525 1,321 24,621 19,380 898 21,593 20,678 903 22,895 21,673 904 23,963 48,923 2,203 22,202 52,622 2,242 23,476 54,884 2,270 24,180 12,855 492 26,139 13,717 494 27,767 99,505 111,219 114,682 5,416 5,993 6,232 112 107 95 94,201 105,322 108,556 22,748 25,595 26,350 11,243 11,835 12,954 20,580 1,182 374 19,772 5,478 3,680 22,197 1,275 476 21,398 5,977 3,938 22,779 1,320 485 21,945 6,197 4,383 12,806 832 -1 11,972 4,428 2,980 13,403 868 4 12,539 4,843 3,296 14,068 926 1 13,143 5,004 3,526 38,071 2,170 24 35,925 7,940 5,058 40,706 2,293 22 38,435 8,854 5,334 42,229 2,406 26 39,850 9,189 5,845 8,469 513 -23 7,933 3,402 1,520 9,015 538 -33 8,444 3,673 1,600 9,645 582 -36 76,344 8,817 14,343 611 13,732 15,041 1,800 3,738 698 3,040 16,568 1,941 3,688 432 3,256 16,861 1,997 3,922 588 3,334 9,392 1,251 2,163 260 1,903 9,985 1,335 2,083 58 2,025 10,465 1,433 2,170 90 2,080 30,409 3,710 3,951 154 3,797 32,659 3,959 4,087 84 4,003 33,792 4,201 4,236 188 4,048 6,332 766 1,371 79 1,292 6,771 823 1,421 19 1,402 7,251 1,502 55 1,447 1,030 19,550 15,879 794 21,403 17,543 396 12,410 9,676 205 13,197 10,258 251 37,820 30,892 149 8,320 6,324 96 8,920 6,812 134 9,511 7,242 278 260 17 172 70 295 278 17 178 1,630 3,587 2,602 889 44 52 12 104 605 741 47 44 33 31 984 541 1,746 4,267 3,249 980 48 53 14 109 670 1,212 53 47 31 33 1,017 554 140 124 16 298 92 73 93 40 979 898 576 282 15 39 60 28 59 16 8 13 12 42 322 77 (L 147 131 16 330 126 62 104 37 1,008 960 624 299 17 40 63 31 80 16 9 9 18 41 336 79 73 65 8 1,122 24 309 546 243 725 78 68 10 1,340 22 310 751 257 769 83 (NA) (NA) 1,430 NA NA NA NA 834 122 (D) 123 (D) 33 63 157 150 7 427 134 133 105 56 3,036 5,028 3,528 140 146 195 276 366 537 402 305 482 392 287 1,500 396 0 10 58 104 385 327 73 37 3 1,280 38 3 1,358 (D) 416 7 11 1 1,016 168 298 1 153 182 215 634 1,456 791 238 553 3,464 155 112 26 445 173 60 123 21 1,318 177 86 177 3 176 350 62 2,735 701 240 1,794 676 1,118 143 3 2,789 137 798 3 697 541 612 2,172 3,908 2,981 1,073 1,908 10,393 338 286 40 2,890 406 145 357 148 2,529 434 513 267 10 764 1,144 124 6,928 1,776 393 4,758 1,906 2,852 14,544 494 Derivation of personal income Earnings by place of work (lines 10—14 or 15-85) Less: Personal contributions for social insurance 4 Plus: Adjustment for residence 5 Equals: Net earnings by place of residence Plus: Dividends, interest, and rent 6 Plus: Transfer payments 9,027 3,788 1,729 Earnings by place of work Components of earnings: Wage and salary disbursements Other labor income Proprietors' income 7 Farm Nonfarm 86,056 10,008 15,156 167 88,434 10,503 15,745 333 15,412 892 Earnings by industry Farm Nonfarm Private Agricultural services, forestry, fishing, and other 8 Agricultural services , Forestry, fishing, and other 8 Mining Metal mining Coal mining Oil and gas extraction Nonmetallic minerals, except fuels Construction Manufacturing Durable goods 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 electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries Nondurable goods Food and kindred products Tobacco products Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastics products Leather and leather products Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric, gas, and sanitary services Wholesale trade Retail trade Finance, insurance, and real estate Depository and nondepository institutions Other finance, insurance, and real estate Services Hotels and other lodging places Personal services Private households Business services Auto repair, services, and parking Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services Social services Museums, botanical, zoological gardens Membership organizations Engineering and management services Miscellaneous services Government and government enterprises Federal, civilian Military State and local State Local 1 527 940 98,565 110,693 83,629 94,721 681 672 9 1,611 250 166 1,064 130 7,902 10,132 6,989 221 212 543 123 570 1,993 1,170 119 690 1,197 152 3,143 1,026 0 11 92 146 1,176 310 48 779 769 10 1,655 147 145 1,206 157 9,169 11,183 7,801 242 235 605 128 626 2,235 1,459 142 656 1,314 161 3,383 1,091 0 11 89 160 1,303 319 51 281 54 10,712 309 51 11,870 (D) 1,113 3 1,262 5,556 8,840 9,556 1,958 7,597 28,641 961 794 164 8,880 903 315 1,427 274 5,854 1,404 682 783 37 971 4,668 524 14,936 3,385 1,649 9,902 3,043 6,859 7,330 1,300 6,523 9,685 10,570 2,011 8,560 33,286 1,045 819 178 11,284 986 371 1,555 512 6,383 1,552 783 879 42 1,025 5,255 618 15,972 3,602 1,737 10,633 3,332 7,301 < 11 i 379 1,134 2,030 1,100 320 780 4,668 141 151 32 767 215 75 158 22 1,461 207 120 202 (Dj 152 892 (D) 3,672 727 284 2,660 920 1,741 397 1,214 2,180 1,138 329 810 5,165 148 152 35 912 229 92 173 22 1,585 223 134 224 996 (D) 3,860 777 294 2,789 952 1,837 Revised. D Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the total. L Less than $50,000, but the estimates for this item are included in the total. NA Not available. 954 612 NA NA NA NA NA NA NA NA NA NA NA 34 NA NA NA NA NA NA NA NA ft 12 1 (NA) (NA) 1,058 1,089 NA NA NA NA NA 184 198 219 655 1,531 828 243 585 3,741 167 110 28 515 182 69 128 22 1,415 183 92 205 4 186 371 64 2,939 798 248 1,893 726 1,167 S3 1,595 862 (NA) (NA) 3,892 N NA N N NA NA N N N NA NA N N N N NA 803 259 2,102 761 1,341 478 199 34 4 33 29 29 35 13 4 8 6 5 280 33 0 (D) 5 483 200 (NA) NA NA) NA NA NA NA NA NA NA NA 284 NA NA NA NA NA NA NA NA 5 1 5 2 (NA) 747 (Dj 166 760 (Dj 166 (D) 94 109 764 NA NA NA NA NA 176 303 841 447 127 320 882 479 (NA) (NA) 433 186 35 3 33 28 26 32 10 3 7 6 4 247 31 0 (D) 3 (D) 116 47 110 176 286 801 473 (D) (D) 1,664 151 64 14 273 102 39 55 8 447 95 25 99 6 55 196 35 1,996 394 206 1,396 409 987 (D) 41 137 53 1,796 160 65 15 295 108 46 58 8 494 96 28 108 6 59 213 37 2,107 422 215 (NAi 1,952 (NA) NA NA) NA) NA) NA NA NA NA NA NA; NA] NA NA NA NA 1,470 435 2,269 433 222 1,613 482 1,035 1,131 1. The industry classification uses the 1987 Standard Industrial Classification (SIC). 2. Midyear population estimates of the Bureau of the Census. 3. Per capita personal income is total personal income divided by total midyear population. 4. Personal contributions for social insurance are included in earnings by type and industry, but they are excluded from personal income. October 2002 143 SURVEY OF CURRENT BUSINESS and Earnings by Industry,11999-2001—Continued of dollars] Far West Hawaii California Alaska Oregon Nevada Washington Line 1999' 2000' 2001' 1999' 2000' 2001 ' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1999' 2000' 2001' 1,363,741 1,494,673 1,535,950 17,570 18,773 19,64 1 46,506 47,197 47,927 625 628 63 5 29,324 32,047 28,122 29,913 30,93 5 31,669 994,862 1,099,375 1,128,256 33,499 34,000 34,501 32,702 32,334 29,698 32,573 1,210 26,913 34,308 1,212 28,301 35,510 1,224 29,002 55,330 1,935 28,598 59,948 2,019 29,696 62,966 2,106 29,897 89,084 95,406 97,814 3,394 3,429 3,473 26,248 27,821 28,165 174,321 5,843 29,836 186,863 5,908 31,627 191,763 5,988 32,025 1 2 3 1,004,373 1,106,397 1,124,558 13,445 14,182 14,95 2 64,074 65,851 695 77 3 58,766 728 -1,273 -1,444 -1,457 -805 -858 -91 5 944,334 1,040,879 1,057,250 11,945 12,596 13,25 B 286,075 3,23 1 258,173 292,019 2,945 3,160 161,234 167,719 186,681 2,680 3,018 3,15 I 734,142 42,664 148 691,626 186,812 116,423 818,774 47,157 127 771,744 207,207 120,424 831,027 48,353 189 782,863 211,291 134,103 23,694 1,317 0 22,377 6,267 3,929 24,838 1,369 0 23,468 6,751 4,089 25,682 1,438 0 24,244 6,895 4,372 41,070 2,233 -784 38,054 11,779 5,497 44,303 2,370 -820 41,113 13,037 5,798 46,551 2,526 -870 43,155 13,235 6,577 63,887 3,962 -1,879 58,046 18,889 12,148 69,051 4,309 -2,255 62,487 21,088 14,238 128,136 7,896 2,046 122,286 31,479 20,557 135,895 137,296 8,245 8,446 2,383 2,394 130,033 131,244 35,180 36,279 21,650 24,240 4 5 6 7 8 9 11,32 5 1,80 1 1,82 5 5 1,82 3 565,930 61,082 107,130 3,710 103,420 638,519 66,932 113,323 2,649 110,674 647,222 69,374 114,430 1,450 112,980 18,289 2,758 2,647 8 2,639 19,270 2,850 2,717 2 2,716 19,885 3,009 2,788 -1 2,789 32,640 3,574 4,856 7 4,849 35,199 4,062 5,042 25 5,017 37,022 4,358 5,170 35 5,135 50,662 54,788 55,157 6,080 6,095 6,304 7,145 7,524 7,591 -A 16 -51 7,148 7,508 7,642 103,805 11,057 13,274 84 13,190 110,045 110,856 11,642 12,167 14,207 14,273 260 12 13,947 14,261 10 11 12 13 14 14 10,556 9,491 8,531 26 1:I 993,817 1,096,907 1,116,027 13,419 14,168 14,94 3 926,464 9,082 9,664 10,20^\ 834,128 932,393 8,501 725,641 615,805 7,286 811,487 693,100 6,486 824,541 696,557 198 23,496 16,324 184 24,654 17,335 186 25,496 17,902 60 41,010 35,104 83 44,220 37,864 96 46,455 39,631 642 651 653 63,236 67,753 68,409 52,653 56,945 56,871 1,120 127,016 105,161 1,271 134,624 111,555 1,109 136,187 111,227 15 16 17 8,126 7,859 267 2,753 8,538 NA) NA) 2,896 NA) NA NA) NA) 49 776 114,091 80,787 NA) NA NA NA NA NA) NA NA NA NA NA) 33 305 (NA) NA) NA) NA) NA) NA) NA NA 140 118 22 27 (L) 6 154 131 23 27 (L) 4 (D) D) 1,477 159 (NA) NA) 27 NA) NA) NA) NA 1525 771 235 NA) NA) NA NA NA NA NA) NA NA NA NA) 536 (NA (NA NA NA NA NA NA NA 259 252 7 763 652 13 18 81 4,518 283 278 5 727 611 8 21 87 4,555 312 (NA) (NA) 695 (NA NA (NA (NA 4,69 1,424 843 581 231 27 1,544 NA) NA) 261 NA) NA) NA) NA) 9 039 1,789 1,170 72 36 172 66 170 115 100 23 33 120 263 619 125 1,985 1,291 78 37 192 68 182 117 132 20 29 132 304 694 133 23 243 71 8 29 272 81 9 2,175 1,449 NA) NA NA) NA NA NA NA NA NA NA NA) 726 NA NA NA NA NA NA NA NA 145 8,328 18,712 14,007 1,638 166 366 579 573 1,319 895 331 6,854 892 396 4,705 1,419 0 42 183 892 1,011 635 160 1,476 919 557 268 28 47 12 182 9,008 19,247 14,094 1,658 181 393 581 600 1,543 1,029 302 6,460 938 408 5,152 1,468 0 44 181 898 1,069 952 171 18,818 13,975 NA NA (NA NA NA NA (NA NA NA (NA (NA 4,84 (NA (NA (NA) (NA) (NA NA (NA) (NA) 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 117 1 139 1 (NA) (NA) 248 12 354 9 360 9 NA NA 49 50 2,414 61 353 2,664 62 363 (D) (D) 687 530 1,891 4,446 3,796 963 2,833 17,518 7,565 422 56 2,246 415 146 1,049 167 2,690 601 102 206 5 232 1,526 88 6,355 980 471 4,904 1,274 3,630 2,828 NA NA NA NA NA NA 2,004 4,710 3,985 (NA (NA 18,226 NA) NA NA NA NA NA) NA NA NA NA) NA (NA NA NA (NA (NA 6,82< 1,006 507 5,311 1,372 3,938 3,857 8,125 (D) 1 445 559 (D) 2,684 1,268 7,377 11,546 8,478 2,289 6,190 40,939 705 915 (D) 17,637 1,020 415 1,154 179 8,899 1,894 882 1,166 (D) 1,201 4,164 486 21,856 4,116 2,805 14,934 4,872 10,062 9,298 (D) 1,496 587 9,362 NA NA NA NA NA NA 7,733 12,730 9,439 NA) NA) 42,302 NA NA NA NA NA) NA) NA) NA) NA) NA) NA NA NA NA) (NA) (NA) 24,959 4,539 3,155 17,266 5,579 11,687 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 781,491 86,145 136,737 3,824 132,913 10,439 (D) (D) 4 604 '867 187 2,783 766 61,238 143,514 103,063 (D) 2,424 3,294 6,$ 22,714 (D (D D P 868,558 93,257 144,582 2,959 141,623 11,129 9,776 1,354 4,871 (D) 135 (D) D 67,634 164,429 120,874 (D) 2,588 (D) D i 7,246 29,629 (D (D PD D 40,45 10,115 (D) 905 3,854 (D) 9,740 (D) 1,974 (D 43,55 10,711 (D) (D) 3,549 (D) 69,256 1,396 12,249 (D) 64,526 1,397 11,902 (D) (D 21,943 10,290 58,341 90,686 84,660 21,457 63,204 316,120 15,081 8,371 (DJ 91,223 9,138 3,593 12,874 15,021 66,651 19,784 8,998 8,771 7 $ 41,624 4,050 159,689 27,092 15,145 117,452 30,629 86,824 91°^ 3,849 (D) 10,675 8,432 (D) DJ 23,458 10,990 63,214 98,862 90,554 (D (D 356,515 16,472 8,465 (D) 110,961 9,986 4,144 13,685 16,199 70,726 21,651 9,758 9,714 (D) 8,449 48,353 (D) 170,443 28,531 15,918 125,994 32,866 93,128 881,467 97,014 146,077 1,450 144,627 11,705 (NA) NA 5113 (NA) NA NA) (NA) 70,896 148,462 106,188 NA NA NA NA NA NA NA NA NA NA NA) 42 273 NA NA NA NA NA NA NA (NA) 10,165 10,737 1,594 1,675 1,686 1,769 19 8 1,666 1,762 213 P) (fj) 850 86 (D) 733 (D) 1,017 562 164 93 2 18 (D) g 4 2 D ) D D D 98 275 (D) 2 (rj) 52 (rj) 35 (NA (NA 70,831 NA NA NA NA NA NA 62,415 102,125 97,070 NA) NA) 363,777 NA) NA NA NA NA NA NA NA NA NA NA NA NA NA NA) NA 183,634 28,145 16,913 138,576 35,463 103,113 220 39 181 995 89 (D) 878 (rj) 1,054 557 170 91 2 (rj) (D) 5 2 D) D D D 386 262 1 s 29 35 D 1,353 0 136 91 655 301 170 367 1,225 573 176 396 2,922 171 83 (D) 443 132 49 121 12 795 133 70 182 (D) 207 419 82 4,337 1,087 945 2,305 994 1,311 ) D) 1,485 0 141 103 706 350 185 371 1,242 595 (D) (D) 3,145 196 83 & 139 56 111 14 905 137 73 198 7 222 426 4 504 1,'156 994 2,354 1,036 1,319 2213 (NA (NA I 1,14 ) NA) NA I NA NA 1 15() 55() 152> NA) NA NA i NA NA I NA I NA i NA i NA NA i NA i 39{i NA NA NA NA NA NA NA NA 7,531 7,274 256 2,635 102 85 2,015 433 41,588 2.191 429 46,760 110,308 78,507 2,373 2,064 2,435 1,575 5,442 20,188 19,414 1,732 8,300 12,949 2,036 31,801 7,372 3 820 3,524 1,950 7,615 5,987 1,708 129,043 94,720 2,536 2,203 2,668 1,750 5,816 26,856 25,845 1,847 7,999 14,970 2,229 34,323 7,913 3 834 3,515 1,996 8,397 7,143 1,551 (NA ) (NA 2,652 169 2,796 175 (NA (NA (D) 1.55C) NA NA NA NA NA NA 36^ 1,28€ 5 611 NA NA 3.32C> N N N N N N N N N N N N N N N N 47 1,167 1,061 2,50$ 1.07C 1,43$ 46,931 876 8,628 1,499 11,348 17,226 7,353 43,434 64,587 65,636 16,383 49,253 233,155 5,498 6,234 2,480 66,289 6,771 2,689 9,783 14,463 47,701 15,864 7,087 6,155 327 5,269 33,442 3,102 109,836 17,338 8,429 84,068 18,995 65,073 49,573 880 8,879 1,685 12,742 17,628 7,759 47,212 70,648 70,809 16,328 54,481 268,176 6,047 6,309 2,656 85,315 7,460 3,141 10,335 15,580 50,399 17,411 7,684 6,826 353 5,871 39,395 3,395 118,388 18,092 8,851 91,445 20,837 70,608 50,937 NA NA NA NA NA NA 46,805 73,404 76,266 NA NA 273,845 NA) NA) NA NA NA) NA NA NA NA NA NA NA) NA) NA NA NA) 127,983 17,484 9,382 101,117 22,697 78,420 1,846 0 136 184 946 354 225 834 2,715 1,930 495 1,435 6,834 1,321 216 33 959 225 89 262 46 1,843 415 317 262 26 188 576 53 7,172 1,830 2,301 3,041 2,291 750 IS! n 1,317 680 186 (D) 70 10 14 7 03 19 (D) 20 494 190 (D) 58 9 165 25 40 (D 5. The adjustment for residence is the net inflow of the earnings of interarea commuters. For the United States, it consists of adjustments for border workers: Wage and salary disbursements to U.S. residents commuting to Canada less wage and salary disbursements to Canadian and Mexican residents commuting into the United States. 6. Rental income of persons includes the capital consumption adjustment. 7. Proprietors' income includes the inventory valuation adjustment and the capital consumption adjustment. 8. "Other" consists of the wage and salary disbursements of U.S. residents employed by international organi- 739 218 (D) 12 80 11 15 8 (D) 2 24 2 20 521 196 n59 9 184 27 (D) (D) (L) 1,960 0 144 190 1,014 368 244 873 2,831 1,922 478 1,444 7,352 1,451 221 35 1,060 238 92 268 68 1,952 429 346, 282 29 191 634 55 7,319 1,953 2,402 2,963 2,242 721 (NA (NA 1,980 NA) NA NA) NA NA NA 874 2,900 1,985 (NA) (NA) 7,680 NA) NA NA) NA) NA) NA NA) NA NA NA NA NA NA NA NA NA 7 594 1,970 2,556 3,068 2,327 741 1 1 P) (D) 600 525 1,740 3,968 3,574 864 2,710 16,078 6,955 407 51 2,025 383 130 999 147 2,459 544 89 179 4 216 1,409 81 5,906 888 443 4,575 1,243 3,332 873 525 347 98 1 13 5 79 4,470 68,406 4,205 -2,276 61,926 20,740 12,739 870 550 320 101 2 8 6 86 4,780 11,462 12,859 9,028 10,379 2,079 2,177 147 153 254 233 609 623 622 584 1,080 1,101 2,631 3,579 569 545 391 410 590 742 140 150 2,434 2,479 734 738 0 0 40 33 61 65 477 465 654 702 199 186 22 23 244 11 925 (NA) (NA 95 NA) NA NA NA 4 709 12,056 9,591 NA) NA) NA) NA) NA) NA NA NA NA NA NA) 2 465 NA NA NA NA NA NA NA NA (NA (NA 4,276 4,173 (D) NA 1,203 1,225 NA 157 NA 136 (0) (0) NA 778 948 NA 903 NA 749 4,589 4,914 4,635 6,644 6,935 7,095 4,469 4,559 4,784 1,249 1,233 (NA) 3,219 3,326 (NA) 16,191 17,652 18,399 NA 433 463 517 517 NA 112 NA 105 3,870 4,434 NA 607 644 NA) 244 220 NA) 606 NA) 555 173 180 NA 4,954 5,315 NA) 934 995 NA) 585 NA) 553 908 NA 826 25 27 NA NA 585 561 1,771 NA) 1,613 NA 246 265 10,584 10,808 11,538 1,832 1,965 1,980 241 252 221 8,530 8,602 9,306 2,234 2,285 2,417 6,296 6,317 6,888 P) P) 3 $ 1,370 7,953 12,760 8,873 2,314 6,559 42,671 750 913 (D) 17,439 1,090 465 1,316 190 9,463 2,078 967 1,293 (D) 1,348 4,600 508 23,069 4,384 2,959 15,726 5,192 10,534 zations and foreign embassies and consulates in the United States. NOTE. The personal income level shown for the United States is derived as the sum of the State estimates. It differs from the estimate of personal income in the national income and product accounts (NIPA's) because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. In particular, it differs from the NIPA estimate because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S. firms. 144 October 2002 State Personal Income Table 4. Personal Income by Major Source [Millions Item Line United States New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont Mideast Delaware District of Maryland Columbia 2001 Income by place of residence Personal income (lines 4-9) Population (thousands)2 Per capita personal income (dollars) 3 : Derivation of personal income 8,678,255 284,797 30,472 520,440 14,022 37,115 145,341 3,425 42,435 34,384 1,287 26,723 248,202 6,379 38,907 42,986 1,259 34,138 31,995 1,059 30,215 17,531 1,626,912 613 46,526 28,594 34,968 25,853 796 32,472 22,959 572 40,150 189,142 5,375 35,188 Earnings by place of work (lines 10-14 or 15-86) Less: Personal contributions for social insurance4 Plus: Adjustment for residence5 Equals: Net earnings by place of residence Plus:Dividends, interest, and rent 6 Plus: Transfer payments 6,242,742 371,690 -1,093 5,869,959 1,637,213 1,171,083 373,328 21,950 7,629 359,007 96,309 65,124 101,703 5,913 6,784 102,574 26,920 15,847 22,967 1,420 342 21,889 6,620 5,875 187,753 10,686 -4,681 172,386 45,038 30,778 28,318 1,761 3,817 30,374 8,099 4,513 20,570 1,409 1,246 20,407 6,021 5,567 12,017 1,187,081 762 71,592 122 -18,364 11,378 1,097,124 3,610 298,613 2,544 231,175 19,949 1,209 -1,135 17,604 5,097 3,152 49,171 2,536 -31,222 15,414 4,685 2,860 122,231 7,402 20,124 134,954 34,931 19,257 4,948,115 565,535 729,092 20,271 708,821 301,310 32,577 39,442 138 39,303 81,164 8,646 11,893 11,835 17,975 2,393 2,599 23 2,575 153,635 16,095 18,022 -13 18,035 22,533 2,350 3,435 -5 3.440 16,595 1,999 1,976 1 1,975 9,407 1,094 1,516 74 1,442 16,466 1,889 1,593 127 1,466 39,103 7,194 2,874 0 2,874 98,791 12,829 10,611 287 10,324 40,070 6,202,672 5,208,041 18,884 52,426 25,878 15,105 11,444 66,963 392,094 830,439 539,513 20,174 23,886 31,107 71,594 69,454 127,999 25,782 69,371 584 372,744 324,987 (D) 183 299 (D) 190 101,513 88,854 37 109 30 112 22,855 18,649 282 24 1 98 187,655 165,645 240 258 148 (D) (D) ,221 1,22 10,912 24,120 17,768 131 430 418 2,328 1,851 8,326 1,031 (D) 36 28,282 25,076 86 35 15 20,555 16,820 133 11,884 9,943 57 38 0 49,171 29,461 426 121,805 93,873 79 118 Earnings by place of work Components of earnings: Wage and salary disbursements Other labor income Proprietors' income 7 Farm Nonfarm 947,731 100,903 138,447 1,145 137,302 Earnings by industry Farm Nonfarm Private Forestry, fishing, related activities, and other 8 Mining Oil and gas extraction Mining, except oil and gas Support activities for mining Utilities Construction Manufacturing Durable goods manufacturing Wood product manufacturing Nqnmetallic mineral product manufacturing Primary metal manufacturing Fabricated metal product manufacturing Machinery manufacturing Computer and electronic product manufacturing.... Electrical equipment and appliance manufacturing Motor vehicle manufacturing Transportation equipment manufacturing excluding motor vehicles Furniture and related product manufacturing Miscellaneous manufacturing Nondurable goods manufacturing Food manufacturing Beverage and tobacco product manufacturing Textile mills Textile product mills Apparel manufacturing Leather and allied product manufacturing Paper manufacturing Printing and related support activities Petroleum and coal products manufacturing Chemical manufacturing Plastics and rubber products manufacturing Wholesale trade Retail Trade Transportation and warehousing Air transportation , Rail transportation Water transportation Truck transportation Transit and ground passenger transportation Pipeline transportation Scenic and sightseeing transportation Support activities for transportation Couriers and messengers Warehousing and storage Information Publishing industries, except Internet Motion picture and sound recording industries Broadcasting, except Internet Internet publishing and broadcasts Telecommunications ISPs, search portals, and data processing Other information services Finance and insurance Real estate and rental and leasing Professional and technical services Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services Other services, except public administration Government and government enterprises Federal, civilian Military State and local State Local See footnotes at end of table. 46,160 21,487 32,499 290,925 58,450 12,062 11,054 6,313 11,455 2,008 29,652 31,584 19,809 71,745 36,794 327,918 422,630 206,930 37,313 12,761 3,864 59,524 16,039 9,205 823 25,060 22,955 19,386 282,468 81,591 24,630 25,397 4,205 101,503 42,594 2,548 464,285 109,601 577,304 136,784 240,162 77,356 551,375 72,686 200,892 176,844 994,631 190,135 79,584 724,912 205,602 519,310 D] 21,546 52,287 37,346 711 882 1,095 5,523 4,212 12,704 2,559 605 4,894 706 3,455 14,941 1,741 512 886 373 ( H i!976 286 4,131 2,109 19,259 24,140 19i 1,845 1,235 85 55 709 1,069 849 14,789 6,469 403 957 446 4,179 2,171 164 40,453 5,682 41,372 10,398 12,230 9,778 38,328 3,411 10,587 9,081 47,757 7,762 1,938 38,056 13,262 24,794 1,092 5,183 14,750 10,437 83 154 332 1,877 1,433 1,307 988 (D) 801 4,313 314 187 64 44 53 22 415 593 28 2,195 397 5,121 6,419 1,828 110 (D) 113 364 401 28 5 244 (D) 226 3,699 1,189 120 354 95 1,355 521 65 14,577 1,650 10,151 3,494 3,410 1,992 9,712 909 2,353 2,366 12,659 1,423 545 10,691 3,913 6,779 1,549 3,213 1,632 241 57 36 213 132 294 53 24 461 64 58 1,581 232 33 74 40 25 123 722 91 55 91 94 934 2,108 579 18 37 7 252 42 46 542 144 28 63 5 212 70 22 1,369 232 1,460 352 692 318 3,096 195 875 632 4,206 903 316 2,987 1,027 1,960 1,739 6,352 873 167 467 230 176 115 848 912 106 1,480 977 10,004 10,416 3,596 608 179 60 836 637 20 28 337 522 370 8,632 4,274 209 411 338 2,086 1,260 54 20,593 2,987 25,152 5,422 6,276 5,856 18,822 1,733 5,070 4,334 22,010 3,792 554 17,664 5,909 11,754 i '8i i 167 823 2,159 1,675 99 79 39 142 191 754 48 31 124 93 74 484 142 23 10 9 16 1,947 5,159 3,881 126 121 149 582 462 1,692 299 (D) (D) 57 242 1,278 87 60 96 11 10 42 174 176 52 114 455 1,821 2,839 531 40 24 (Dj 168 69 (D) 1.131" 2,887 1,954 31 41 122 382 143 330 140 (D) 18 6 107 52 38 480 1,026 284 10 10 (D) 117 34 32 79 92 900 532 21 46 6 199 92 4 1,724 417 2,247 562 899 628 2,820 284 1,076 840 3,206 537 76 2,593 806 1,787 35 63 33 715 215 12 56 1 219 197 15 1,627 271 1,437 464 670 652 2,600 198 661 550 3,735 752 376 2,608 954 1,654 15 (D) 47 301 116 12 27 1 109 31 4 562 125 924 104 283 331 1,278 92 552 359 1,941 356 72 1,513 652 861 540 933 92 43 176 39 73 120 (DJ 188 147 898 1,332 2 (D) (D) 648 257 114 142 18 (D) 0 1 65 11 (D) (D) 316 508 83 4,045 3,929 3,532 (D) 18,393 5,432 7,084 1,007 22,036 (D) 1,197 149,838 21,460 130,930 27,070 40,756 22,948 113,023 14,353 31,528 32,471 183,902 49,247 7,041 127,614 33,027 94,587 (D) 1,969 9,046 9,099 5,424 147 270 394 515 684 2,365 172 (D) 219 3,675 671 214 73 38 83 48 278 782 87 1,020 380 5,596 8,343 3,084 393 121 62 757 393 468 99 525 243 203 2,048 631 10,609 358 1,382 1,494 2,478 343 1,282 3,129 19,710 16,437 1,291 1,982 0 1,982 4,183 825 110 526 46 1,993 629 55 7,471 2,238 15,159 581 4,660 1,916 11,400 1,138 4,051 3,741 27,932 11,846 2,219 13,867 4,521 9,346 October 2002 145 SURVEY OF CURRENT BUSINESS and Earnings by NAICS Industry,1 2001 of dollars] New Jersey New York Pennsylvania Great Lakes Illinois Indiana Michigan Ohio Wisconsin Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Line 2001 377,461 1,365,555 12,287 45,363 30,720 30,103 412,200 12,482 33,023 169,885 6,115 27,783 297,609 9,991 29,788 327,745 11,374 28,816 158,116 5,402 29,270 566,457 19,324 29,313 79,893 2,923 27,331 76,973 2,695 28,565 164,589 4,972 33,101 158,906 5,630 28,226 49,489 1,713 28,886 16,434 634 25,902 20,174 757 26,664 1 2 3 514,437 30,786 -28,791 454,860 123,279 106,635 258,945 15,959 1,668 244,653 70,671 62,137 969,556 57,344 4,623 916,835 265,241 183,479 300,076 17,267 -1,163 281,646 83,170 47,384 117,624 7,345 3,450 113,729 32,544 23,612 211,961 13,010 984 199,936 55,193 42.481 230.611 12,923 -1,376 216,312 62,286 49.147 109,285 6,799 2,727 105,212 32,049 20,855 403,851 25,291 -4,587 373,972 116,130 76,354 54,999 3,530 580 52,049 16,615 11,230 53,879 3,354 952 51,477 15,413 10,082 120,924 7,739 -1,109 112,077 33,763 18,749 113,629 6,848 -3,732 103,049 31,460 24,396 35,236 2,185 -677 32,374 10,692 6,423 11,432 757 -385 10,290 3,489 2,654 13,752 879 -216 12,656 4,698 2,820 4 5 6 7 8 9 178,439 411,556 17,523 39,231 26,387 63,650 47 340 26,340 63,310 203,375 22,237 33,332 345 32,987 787,073 91,499 90,984 1,169 89,815 240,650 26,877 32,548 682 31,866 95,207 11,714 10,703 376 10,327 173,309 20,857 17,796 -175 17,971 188,245 21,535 20,830 371 20,459 89,663 10,515 9,106 -86 9,192 322,783 37,150 43,917 3,446 40,471 43,267 5,009 6,723 1,050 5,673 42,667 5,220 5,992 270 5,721 99,764 10,378 10,782 90,852 10,876 11,901 279 11,622 27,328 3,219 4,689 778 3,912 8,856 1,142 1,434 130 1,303 10,049 1,306 2,396 699 1,697 10 11 12 13 14 240 796 222,108 513,641 191,860 443,580 91 1,212 210 502 227 (D) 184 254 21 (D) 2,009 4,856 11,417 21,080 24,981 36,958 10,361 21,535 201 380 819 1,023 607 859 1,569 2,888 1,268 3,558 2,987 6,126 440 1,009 2,170 (D) 840 258,105 224,821 365 1,407 167 1,098 143 3,171 16,504 40,493 24,011 953 1,699 3,053 4,328 3,536 3,485 1,417 3,421 966,135 829,400 1,037 3,871 661 116,962 100,671 115 570 29 535 6 1,507 8,016 30,070 22,260 736 741 3,524 2,660 2,432 1,185 783 7,104 389 211,573 182,609 253 654 246 316 92 2,893 13,291 48,515 40,094 507 1,049 1,842 4,090 4,985 1,220 830 21,954 734 229,877 195,055 183 964 318 549 97 1,803 13,479 47,186 33,788 672 1,853 4,122 5,768 4,812 1,912 1,924 9,004 546 108,739 92,545 240 193 (rj) 1,421 53,578 44,475 10,004 60,547 192,693 138,128 3,146 5,095 12,332 21,435 22,257 9,326 6,981 41,838 1,091 298,985 258,519 246 1,490 923 508 58 2,814 18,639 41,569 25,981 364 991 1,863 5,764 5,937 3,588 2,083 2,272 664 53,215 43,632 121 554 327 90 137 557 3,279 9,090 5,973 76 260 111 465 808 368 182 1,273 7,788 18,393 12,188 739 452 324 2,181 2,101 3,695 413 411 568 113,060 95,444 196 354 11 339 4 1,011 7,812 15,429 9,750 285 433 497 1,414 1,383 498 698 2,265 1,165 34,072 28,045 99 168 14 148 5 599 2,362 4,336 2,096 61 117 76 353 423 366 106 288 11,145 8,583 58 220 43 110 66 245 735 958 596 50 37 (0) 53 226 73 3 841 12,911 10,303 63 71 7 61 3 133 872 1,457 970 79 57 25 108 181 199 27 4,498 4,947 6,272 54,565 11,209 1,331 322 570 477 375 6,919 7,017 2,000 13,182 11,163 54,684 64,301 33,145 5,324 (D) (D) 11,964 1,983 669 108 3,393 3,252 3,742 27,367 9,465 1,036 2,292 443 9,762 4,098 271 60,468 13,688 83,469 23,865 35,990 10,145 90,199 10,199 26,214 27,513 136,735 19,749 4,132 112,854 29,563 83,291 387 783 1,949 15,588 3,746 473 78 135 231 90 1,433 2,300 725 3,905 2,473 19,527 17,525 11,870 3,002 915 108 3,267 1,040 95 80 1,452 732 1,179 10,903 3,268 427 977 95 4,196 1,782 157 26,717 5,252 34,336 7,398 11,997 3,939 24,603 2,929 8,098 8,669 40,466 6,256 2,037 32,173 7,669 24,504 845 944 1,306 7,810 1,133 176 18 101 47 17 551 806 431 2,780 1,748 6,003 8,190 4.573 416 356 802 1,717 1,098 8,421 1,458 229 34 101 33 134 901 908 403 2,227 1,993 10,604 14,092 5.778 1,118 305 24 1,714 203 429 10 641 511 823 5,207 2.454 264 391 59 1,575 428 36 9,187 2,601 20,984 6,479 8,685 1,478 19,069 2,078 5,096 5,665 28,963 3,589 415 24,959 7,524 17,435 1,623 863 1,234 13,399 2,361 316 138 153 80 34 1,431 1,512 412 3,355 3,605 12,858 16.872 7.120 563 (D) 103 2.861 229 67 9 831 842 641 686 9,347 2,512 136 54 81 85 99 2,604 1,491 28 915 1,344 5,692 7,622 3,805 225 217 (D) 2,000 378 29 9 213 1,229 616 434 5,678 1,616 384 21 78 117 107 488 769 96 1,268 734 6,251 7,810 4,374 586 (D) (D) (D) (D) 10b 183 2,239 1,452 51 10 11 12 4 91 184 12 168 244 1,957 2,517 2,184 36 1,783 218 29 6 471 795 6,328 2,203 169 479 257 2,209 964 47 12,621 3,134 16,712 5,862 8,343 2,358 23,504 2,462 6,596 6,668 34,822 5,652 969 28,202 6,639 21,563 2,700 794 98 233 11 894 654 16 6,267 1,141 5,952 2,157 3,420 1,179 11,541 910 3,221 3,043 16,193 1.818 320 14,055 3,795 10,260 326,723 684,774 8,484 19,011 38,509 36,019 222,348 13,700 20,991 229,639 59,951 37,133 (D) 364 1,426 14,620 1,935 152 307 185 395 103 1,043 1,545 486 7,371 1,097 16,541 15,440 7,983 1,099 (D) 173 2,070 909 38 15 1,439 (D) 1,247 13,158 3,269 261 793 357 6,467 1,867 143 20,238 3,830 25,917 5,972 8,730 2,312 19,415 2,233 6,180 5,204 30,248 4,504 795 24,949 7,122 17,827 607 749 2,167 15,422 2,165 803 620 251 1,946 105 1,267 1,900 784 4,359 1,222 24,409 24,938 11,980 2,374 (D) 285 1,874 3,211 52 47 1,483 (D) 699 33,510 11,069 4,699 4,251 512 9,041 3,286 653 100,470 10,441 52,726 14,164 16,271 10,441 47,096 7,990 12,411 12,125 70,061 8,941 1,590 59,530 13,188 46,343 (D) (D) 965 1,652 16,482 3,118 494 366 303 649 155 1,572 1,779 561 5,397 2,087 12,455 18,308 8,961 1,578 67 2,798 812 412 12 559 (D) 1,086 9,615 2,297 254 928 79 3,973 1,954 130 17,486 4,032 24,071 4,123 9,046 6,613 30,848 2,454 7,084 7,786 33,284 7,168 873 25,244 7,053 18,191 (D) 2,089 (D) 2 122 133 49 1 257 SI 2,229 746 79 211 21 888 269 15 5,676 1,559 5,486 1,969 3,544 1,191 11,483 1,819 3,203 3,468 16,291 2,435 391 13,466 3,937 9,528 5,695 398,156 334,449 911 1,894 423 1,252 181 219 (D 988 4,442 7,122 26,383 25,352 59,922 16,005 38,053 867 1,723 460 1,660 981 (D) 3,154 5,410 4,091 6,890 1,420 5,953 1,361 2,027 1,503 (D) (D) 401 4,617 1,797 2,331 21,869 8,527 708 252 295 224 (D) 3,142 912 3,107 2,800 23,767 28,447 15,891 2,386 2,273 78 6,032 797 382 15 1,214 1,311 1,402 16,589 5,552 325 1,180 165 6,398 2,869 101 27,059 5,200 26,594 12,863 12,333 4,725 39,385 4,185 11,736 12,122 63,707 10,741 4,105 48,861 14,472 34,389 142 125 (D) 117 (D) 625 3,534 10,260 6,480 433 303 429 836 1,768 755 599 (D) (D) (D) 239 10,543 748 120,177 103,968 233 403 (D) 386 (°i (D) 355 220 3,780 1,913 61 11 23 66 26 248 341 64 437 588 3,068 4,351 1,981 24 161 368 465 456 377 3,026 3,825 2,020 45 304 488 1,078 6,205 1,943 135 18 85 43 73 795 1,408 174 745 785 7,957 7,930 4,490 1,674 24 1,084 46 33 (rj) 85 191 269 1,566 436 39 118 22 582 360 9 4,066 598 2,330 351 1,550 640 5,343 733 1,561 1,653 9,103 1,140 233 7,730 2,651 5,079 (D) 744 83 97 1 163 232 227 3,032 540 30 191 7 2,072 174 18 2,829 648 3,184 711 1,791 384 4,908 279 1,794 1,598 9,583 1,618 1,131 6,833 1,879 4,955 1,031 356 44 4 322 397 348 3,961 1,549 134 310 32 1,079 831 26 9,777 1,795 9,809 5,640 3,710 1,236 11,764 1,144 3,012 3,653 16,209 2,176 330 13,703 3,694 10,009 145 234 3,117 1,157 31 (D) 37 50 (D) (DJ n 92 (D) 439 6,168 2,643 95 347 92 2,114 835 42 6,453 1,596 8,273 5,062 3,443 1,855 10,838 1,573 3,503 3,443 17,616 3,704 1,117 12,795 3,847 8,949 (D i 974 38 131 3 129 ¥3 1.259 192 14 128 11 300 609 4 2,389 336 2,028 660 1,234 400 3,336 251 950 981 6,027 937 587 4,502 1,251 3,251 31 20 362 194 26 4 1 (D) D) 26 (D) 27 756 915 433 9 103 2 188 32 29 (0) 27 ( D i (! 320 121 7 42 (D) 98 (Dj 564 88 464 174 285 66 1,509 44 384 365 2,561 523 458 1,580 611 969 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 (D) (D) 35 55 36 163 37 487 38 254 39 20 40 41 13 42 5 43 1 44 40 45 45 46 (D) 47 25 48 45 49 753 50 1,100 51 408 52 12 53 41 54 2 55 228 56 23 57 19 58 59 18 60 48 61 17 62 283 63 71 64 6 65 44 66 (0) 67 68 (D) 69 1 70 981 71 139 72 506 73 264 74 320 75 144 76 1,687 77 161 78 531 79 429 80 2,608 81 643 82 249 83 1,716 84 540 85 1,177 86 State Personal Income 146 October 2002 Table 4. Personal Income by Major Source [Millions Southeast Alabama Arkansas Georgia Kentucky Florida Louisiana Item Line South North Mississippi Carolina Carolina Tennessee West Virginia Virginia 2001 Income by place of residence Personal income (lines 4-9) Population (thousands)2 Per capita personal income (dollars) 3 Derivation of personal income Earnings by place of work (lines 10-14 or 15-86) 4 Less: Personal contributions for5 social insurance Plus: Adjustment for residence Equals: Net earnings by place of residence Plus:Dividends, interest, and rent 6 Plus: Transfer payments Earnings by place of work Components of earnings: Wage and salary disbursements Other labor income 7 Proprietors' income Farm Nonfarm Earnings by industry Farm Nonfarm Private Forestry, fishing, related activities, and other 8 Mining Oil and gas extraction Mining, except oil and gas Support activities for mining Utilities Construction Manufacturing Durable goods manufacturing Wood product manufacturing Nonmetallic mineral product manufacturing Primary metal manufacturing Fabricated metal product manufacturing Machinery manufacturing Computer and electronic product manufacturing.... Electrical equipment and appliance manufacturing Motor vehicle manufacturing Transportation equipment manufacturing excluding motor vehicles Furniture and related product manufacturing Miscellaneous manufacturing Nondurable goods manufacturing Food manufacturing Beverage and tobacco product manufacturing Textile mills Textile product mills Apparel manufacturing Leather and allied product manufacturing Paper manufacturing Printing and related support activities Petroleum and coal products manufacturing Chemical manufacturing Plastics and rubber products manufacturing Wholesale trade Retail Trade Transportation and warehousing Air transportation Rail transportation Water transportation Truck transportation Transit and ground passenger transportation Pipeline transportation Scenic and sightseeing transportation Support activities for transportation Couriers and messengers Warehousing and storage Information Publishing industries, except Internet Motion picture and sound recording industries Broadcasting, except Internet Internet publishing and broadcasts Telecommunications ISPs, search portals, and data processing Other information services Finance and insurance Real estate and rental and leasing Professional and technical services Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services Other services, except public administration Government and government enterprises Federal, civilian Military State and local State Local 1,915,549 70,305 27,246 109,773 4,464 24,589 61,613 474,626 240,896 2,692 16,397 8,384 22,887 28,947 28,733 101.326 4,066 24,923 109,560 4,465 24.535 62,163 2,858 21,750 225,234 8,186 27,514 101,110 4,063 24,886 154,911 233,107 5,740 7,188 26,988 32,431 41,230 1,802 22,881 1,319,614 80,265 10.088 1,249,437 376,867 289,244 74,541 4,735 905 70,711 20,098 18,964 41,724 296,595 183,261 2,718 18,526 10,515 -304 1,027 -483 38,702 279,096 172,263 11,437 122,125 40,708 11,473 73,404 27,924 70,499 4,304 -1,057 65,138 18,306 17,883 74,520 4,064 -123 70,333 18,772 20,455 40,192 2,537 1,487 39,141 10,375 12,647 161,385 9,981 -979 150,425 42,623 32,185 69,265 4,206 1.244 66,302 18,604 16,204 112,761 169,249 6,826 10,189 -1,109 9,093 104,827 168,153 24,735 41,810 25,349 23,144 25,621 1,664 388 24,345 7,274 9,612 1,050,295 130,092 139,227 8,529 130,698 59,028 7,389 8,124 1,111 7,013 32,524 239,379 144,367 4,003 27,943 17,431 5,197 29,274 21,463 813 641 1,568 4,384 28,632 19,895 55,860 7,509 7,131 748 6,383 58,069 7,647 8,804 31,005 4,304 4,882 661 4,221 129,670 15,470 16,245 2,092 14,153 55,779 6,989 6,496 86,643 137,840 9,921 18,716 16,198 12,692 121 249 16,077 12,444 20,132 2,769 2,720 -14 2,734 12,202 1,307,412 1,068,244 4,780 9,955 2,456 4,880 2,619 12,755 86,648 170,693 96,421 6,652 5,834 6,220 12,287 11,192 14,722 6,955 12,841 1,279 73,262 58,441 427 660 101 513 46 1,131 5,282 12,941 7,345 770 391 1,099 1,054 558 783 262 1,076 1,824 1,917 1,092 40,632 294,772 181,344 33,459 247,194 152,395 367 1,194 544 268 424 454 102 78 (D) 101 333 430 64 13 (D) 424 2,983 2 256 2,525 20,254 11 [293 7,764 19,403 21,443 4,319 13,261 10,020 470 568 941 174 918 817 500 231 698 705 1,442 1,074 558 1.449 1.085 234 3.952 1,452 503 408 834 355 457 1,073 973 69,526 56,300 259 1,190 102 1,037 51 519 4,336 13,052 8,688 379 430 891 913 1,001 554 689 3,100 860 39,332 30,234 399 380 139 76 165 433 2,440 6,821 4.297 515 195 140 485 514 134 379 332 2,607 158,778 129,579 8,003 6,613 5,102 74,272 13,360 4,039 7,671 681 413 258 5,596 971 137 539 345 574 3 1,079 288 151 808 701 3,697 5,639 2,169 43 (D) 3,709 (0) 9,288 5,840 2,022 15,790 9,046 68,506 98,285 50,703 8,717 2,878 (D) 16,096 2,259 918 (D) 6,327 7,075 4,905 53,1.05 11,525 1,609 5,118 22,573 (D) 375 68,430 23,004 103,745 26,548 57,450 12,551 119,791 15,783 45,843 39,669 239,168 47,229 31,829 160,111 50,506 109,605 SI 1.129 51 66 2 235 (Dj 218 1,861 323 30 231 5 1,036 226 10 3,412 920 5,518 520 2,066 488 6,943 331 2,013 2,425 14,822 3,468 1,251 10,103 3,540 6,563 1.870 638 1,328 6,142 1,399 542 99 145 263 46 589 936 138 1,358 626 16,659 25,032 9,449 2,164 461 642 1,924 651 32 70 1,596 1,075 833 11,259 2,306 566 1.305 150 (D) 695 4,968 1,887 76 1,603 19,439 517 7,716 1,820 25,272 1,462 4,164 1,086 21,156 232 2,797 4,226 30,791 211 6,344 1,180 13,290 1,250 9,569 7,173 47,577 1,289 8,031 482 4,663 5,401 34,884 2,251 8,110 3,150 26,774 290 294 235 3,445 1,412 52 20 61 88 46 684 180 81 307 513 1,973 2,982 2,299 72 (D) (D) 1 293 ' 36 79 2 174 120 295 1,271 222 25 135 12 D Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the total. L Less than $50,000, but the estimates for this item are included in the total. 1. The industry classification uses the 2002 North American Industry Classification System (NAICS). 2. Midyear population estimates of the Bureau of the Census. 3. Per capita personal income is total personal income divided by total midyear population. 890 474 682 11,423 2,789 448 1,484 1,447 311 14 1,554 994 94 1,374 913 12,813 12,432 8.628 3,124 394 24 2.096 346 33 6 701 1.031 874 12,648 2,171 264 1,493 105 6,099 2,403 115 10,326 3,425 15,941 5,283 7,536 1,969 13,466 1,420 5,682 4,835 28.949 6,193 3,974 18,782 5,818 12,964 181 258 292 4,364 803 403 57 71 264 17 524 561 112 897 655 3,451 5,090 3,938 551 (D) 965 91 96 4 302 (D) 414 1.574 429 35 161 14 551 378 7 3,016 749 3,640 994 1,898 530 7,330 461 2,345 1,930 13,226 2,138 2,024 9,064 3,406 5,658 132 8,672 330 74,190 59,723 368 3,563 1,320 165 2,078 773 5,540 8,346 3,672 344 241 175 761 643 148 83 (D) (D) 40 138 4,674 585 99 30 38 86 1 617 119 856 2,069 174 3,366 5,250 3,545 171 i74s6! 186 267 43 1,112 2?) 1,841 237 40 238 8 876 411 31 3,051 1,427 4,728 1,253 2,306 (D) 7,140 1,371 2,652 2.309 14,467 2,244 1,336 10,887 4,014 6,873 628 822 153 2,524 647 38 81 64 189 3 428 132 178 407 356 1,535 3,240 1,478 13 ( 2<j 730 44 73 3 153 J 2( 2D 9 815 135 14 87 1 544 31 2 1,514 392 1,768 561 839 303 3,634 643 1,768 1,271 9,097 1,565 1,178 6,354 2,146 4,207 438 266 (D) 225 (D) 406 6,090 564 68,701 54,620 268 110 (D) 101 (D) 872 1,155 11,160 29,632 16,046 5,105 12,992 6,266 918 908 368 307 456 385 1,669 1,753 4,403 1,660 1,355 1,173 1,022 400 593 (D) 300 2,082 16i 630 323 13,586 1,424 1,141 2,863 6,725 490 367 202 3 871 1,170 34 1,033 658 60 3,151 1,561 8,045 11,647 5,157 971 144 21 2,076 210 21 9 646 479 579 5,911 2,438 96 449 79 1,791 1,016 41 7,874 2,185 10,127 5,161 5,344 1,690 13,241 1,448 4,685 4,413 29,199 3,707 5,108 20,384 6,557 13,827 498 77 1,696 315 17 1,451 1,228 2,954 5,773 1,944 44 101 9 848 67 20 12 418 178 247 1,383 276 32 139 2 729 193 12 2,977 1,235 4,065 525 3,235 498 5,219 655 2,649 2,161 14,081 1,735 2,101 10,244 3,659 6,585 292 452 12 112,469 168,797 25,609 96,803 129,507 19,988 216 82 218 243 998 1,399 19 172 371 215 585 1,100 9 127 42 265 1,479 466 6,348 10,664 1,700 19,812 15,181 3,306 11,876 8,839 1,792 575 237 627 643 198 463 792 515 426 1,785 294 933 1,605 101 903 901 1,718 43 1,043 48 451 2,712 131 (D) 407 716 696 7,936 1,554 366 315 132 374 57 1,107 862 175 1,765 1,230 6,255 9,114 6,301 343 ( 62 2,685 230 46 13 365 (D) 343 2,861 564 336 351 17 1,091 476 26 6,191 1,568 7,042 1,230 5,686 1,396 12,917 1,485 4,376 3,498 15,666 3,507 512 11,647 3,429 8,218 (D) 666 314 6,342 1,153 687 479 110 172 10 760 734 89 1,181 966 6,753 10,092 4,919 1,210 383 110 1,264 331 43 11 568 436 563 11,132 2,301 156 474 184 3,874 4,104 41 8,165 2,628 22,500 5,243 5,596 1,577 11,588 1,156 4,353 5,261 39,290 11,954 9,023 18,313 5,972 12,341 120 50 54 1,514 124 47 8 (D) 16 •8 60 70 1,020 120 1,006 1,994 876 9 33 339 16 142 (0) 56 71 39 550 124 14 55 1 319 34 3 864 243 1,323 151 701 178 3,296 258 851 745 5,621 1,398 176 4,048 1,604 2,444 4. Personal contributions for social insurance are included in earnings by type and industry, but they are excluded from personal income. 5. The adjustment for residence is the net inflow of the earnings of interarea commuters. For the United States, it consists of adjustments for border workers: Wage and salary disbursements to U.S. residents commuting to Canada less wage and salary disbursements to Canadian and Mexican residents commuting into the United States. October 2002 147 SURVEY OF CURRENT BUSINESS and Earnings by NAICS Industry,12001—Continued of dollars] Southwest Arizona New Mexico Oklahoma Texas Rocky Mountain Colorado Idaho Montana Utah Wyoming Far West Alaska California Hawaii Nevada Oregon Washington 19,641 1,128,256 635 34,501 30,936 32,702 62,966 2,106 29,897 97,814 3,473 28,165 191,763 5,988 32,025 1 2 3 Line 2001 875,906 31,922 27,439 137,314 5,307 25,872 42,354 1,829 23,155 86,750 3,460 25,071 609,489 21,325 28,581 271,486 9,407 28,859 147,860 4,418 33,470 32,525 1,321 24,621 21,673 904 23,963 54,884 2,270 24,180 14,544 1,535,950 494 47,927 29,416 32,047 661,351 37,932 393 623,812 141,506 110,588 97,060 5,969 460 91,551 26,771 18,991 29,411 1,730 111 27,792 7,596 6,966 59,918 3,542 919 57,295 15,586 13,869 474,963 26,692 -1,097 441M4 91,553 70,763 203,403 11,465 582 192,521 50,528 28,438 114,682 6,232 107 108,556 26,350 12,954 22,779 1,320 485 21,945 6,197 4,383 14,068 926 1 13,143 5,004 3,526 42,229 2,406 26 39,850 9,189 5,845 9,645 1,124,558 582 65,851 -36 -1,457 9,027 1,057,250 3,788 292,019 1,729 186,681 14,952 778 -915 13,258 3,231 3,152 831,027 25,682 46,551 48,353 1,438 2,526 189 0 -870 782,863 24,244 43,155 211,291 6,895 13,235 134,103 4,372 6,577 69,051 4,309 -2,255 62,487 21,088 14,238 137,296 8,446 2,394 131,244 36,279 24,240 4 5 6 7 8 9 500,653 57,275 103,424 3,140 100,283 78,736 8,349 9,975 363 9,612 23,044 3,186 3,182 493 2,688 43,749 6,166 10,002 488 9,514 355,124 39,574 80,265 1,796 78,469 156,803 19,026 27,575 1,254 26,321 88,434 10,503 15,745 333 15,412 16,861 1,997 3,922 588 3,334 10,465 1,433 2,170 90 2,080 33,792 4,201 4,236 188 4,048 7,251 892 1,502 55 1,447 11,325 1,801 1,825 5 1,820 647,222 69,374 114,430 1,450 112,980 55,157 6,304 7,591 -51 7,642 110,856 12,167 14,273 12 14,261 10 11 12 13 14 4,823 656,529 551,272 1,455 25,495 17,807 1,656 6,032 12,617 45,774 83,821 51,743 1,548 2,654 1,865 7,299 6,398 19,001 1,333 712 96,348 80,359 288 621 20 586 14 832 8,294 11,022 9,509 240 376 249 813 406 4,329 127 251 683 28,728 20,434 83 937 298 277 362 276 2,075 1,861 1,430 38 91 55 104 63 812 23 704 59,214 46,522 115 2,974 2,085 111 778 1,038 3,105 9,326 4,537 144 332 176 1,082 1,151 501 110 546 2,724 472,239 403,957 969 20,964 15,404 682 4,878 10,472 32,300 61,611 36,268 1,126 1,856 1,386 5,299 4,778 13,359 1,074 1,578 2,347 201,056 166,580 632 4,119 709 113,972 96,971 133 1,799 1,054 (D) 1,704 468 278 1,126 17,041 9,923 19,544 9,977 13,838 7,330 874 179 819 505 515 152 1,428 111 999 518 3,536 (D) 225 140 963 21,816 17,700 111 147 243 13,825 10,660 137 389 65 265 59 306 1,079 881 553 218 37 54 43 64 24 6 13 297 41,932 34,006 38 476 54 288 135 363 3,033 5,146 3,632 68 190 275 435 111 811 47 134 8,531 12 9,511 1,116,027 14,940 7,242 932,399 10,204 48 (D) (D) 1,308 (0) (D) 325 1,498 439 578 (D) 405 1,249 589 9,335 125 (D) 892 74,307 1,144 471 137,590 503 192 101,578 (•\j D) 26 (Dj 34 3,093 20 21 (Dj 47 8,799 1u 18 8,414 2 1,109 136,187 111,227 1,230 234 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 2,088 264 366 1,514 275 139 30 33 17 10 123 307 75 244 260 5,356 7,882 2,971 855 169 (DJ 254 95 146 4,789 696 97 4 27 66 9 165 181 2,257 720 568 2,500 4,445 2,281 650 102 3,302 1,029 1,481 25,343 3,478 635 109 222 640 157 1,305 1,767 7,295 7,731 2,004 30,057 32,899 21,729 5,095 1,075 380 4,456 801 5,234 20 2,570 1,286 812 20,178 4,123 672 1,790 144 9,939 3,427 82 29,240 10,076 40,971 2,699 18,758 3,476 36,290 3,214 15,170 12,885 68,282 11,538 6,990 49,755 12,974 36,780 (D) 617 1,110 5,706 1,750 482 (0) 83 69 (D) 1 417 2,089 32,078 4,603 890 148 285 731 178 1,621 2,299 9,716 8,733 2,874 38,881 47,488 27,786 6,663 (D) 386 6,250 1,138 5,631 43 3,175 (D) 1,213 25,802 5,434 825 2,487 177 12,536 4,213 129 39,031 13,816 53,968 4,954 27,884 4,932 52,309 5,065 22,075 18,121 105,257 19,539 10,568 75,149 21,302 53,847 £8 229 36 16 329 (D) 251 2,939 808 82 246 18 1,227 534 23 6,421 2,496 7,234 1,286 5,634 823 8,330 1,297 4,012 2,622 15,989 3,100 1,319 11,570 2,967 8,603 (D) 30 96 432 153 19 4 3 8 3 29 44 89 39 42 967 2,264 804 64 (D) (D 276 79 83 4 69 73 37 831 255 23 69 8 380 89 7 1,010 372 2,616 271 1,173 227 2,510 238 1,095 822 8,294 1,935 726 5,633 2,575 3,058 29 279 3 208 (Dj 112 1,854 249 48 381 6 990 162 18 2,360 872 3,148 697 2,319 406 5,178 316 1,798 1,793 12,692 2,966 1,534 8,191 2,786 5,406 (D) (D) Dj 748 (D) 1,111 480 10,010 14,401 (D) 1,535 (D) 10 2,109 475 263 26 534 649 580 (D) 3 274 720 1,267 (D) 6,059 1,348 40 11,738 4,067 18,888 3,402 7,826 1,713 15,063 2,802 7,236 34,476 7,725 3,058 23,694 8,009 15,685 (D) (Dj 288 453 2,647 717 397 8 45 40 42 154 405 79 448 311 6,023 7,254 3,346 999 (D) (D) 106 212 2,115 3,069 2,131 382 53 12 131 123 1,197 22 (D) (Dj 68 65 939 530 17 7 28 59 328 75 27 (D7) (D5) 3 3 103 59 (Dj 132 41 1,057 1,915 667 38 1 I 235 151 10 288 358 348 10,353 2,464 564 1,004 91 5,291 919 20 7,572 2,852 12,496 1,580 4,931 829 7,808 1,819 4,045 3,105 17,001 3,627 1,812 11,562 3,571 7,991 34 20 6 53 65 40 391 114 15 54 1 173 31 3 837 331 1,748 J D) 713 150 1,929 (D) 719 608 4,116 794 310 3,013 997 2,016 3 2 29 111 31 8 591 1,274 563 27 156 2 209 39 17 (fj) 55 (D 6. Rental income of persons includes the capital consumption adjustment. 7. Proprietors' income includes the inventory valuation adjustment and the capital consumption adjustment. 8. "Other" consists of the wage and salary disbursements of U.S. residents employed by international organizations and foreign embassies and consulates in the United States. . NOTE. The personal income level shown for the United States is derived as the sum of the State estimates. It ] 346 79 13 44 1 176 30 2 617 153 875 51 353 80 1,629 191 679 469 3,164 803 259 2,103 761 1,341 (D) (D) 225 527 1,514 408 22 9 23 18 5 109 245 194 368 113 2,022 3,249 1,924 455 126 $ 145 24 8 120 181 1,604 572 123 151 41 346 359 13 2,415 575 3,279 1,123 1,602 623 3,049 475 1,352 1,659 7,926 2,069 454 5,403 2,198 3,205 881,467 97,014 146,077 1,450 144,627 (°) (D) 10 (D) (D) 3 7 279 20 20 (0) 3 4 (D) 5 10 73 132 8 317 710 (D) 17 200 2 133 21 51 (D) 18 26 5 (D) 46 6 15 939 1 297 157 490 38 221 31 647 115 441 (Dj 2,269 433 222 1,613 482 1,132 (D) Dj 2,630 14,375 3,102 6,606 36,012 9,099 2,415 690 (D) 215 (DJ 4,449 (D) D (Dj 52,699 76,764 32,505 6,397 1,287 (D) 7,584 2,716 (0) 320 5,662 (Dj 3,163 68,560 21,479 14,280 5,013 1,256 17,960 8,301 270 67,268 22,684 118,338 27,685 45,694 10,566 83,277 16,887 45,673 (Dj 183,628 28,143 16,912 138,572 35,460 103,113 (Dj 2 (D) 8 3 7 (D) 265 5 (Q) 2 (D) D (D) 74 (D) Dj 289 969 1,031 339 128 53 (D) 46 142 ®i 449 46 8 38 1 281 69 7 417 180 781 153 386 11 1,137 165 622 <n 1,167 1,061 2,509 1,070 1,439 35,510 1,224 29,002 19,885 3,009 2,788 -1 2,789 37,022 4,358 5,170 35 5,135 642 186 96 6,486 824,541 25,496 46,455 68,409 696,564 17,902 39,632 56,870 4,042 46 20 965 2,109 48 695 100 1,034 1 11 (D) 473 47 646 94 602 1 38 7,567 204 317 614 51,935 1,592 5,261 4,894 105,928 646 2,101 10,893 77,772 8,703 (D) 1,475 1,586 65 1,350 Dj 195 2,220 56 235 1,488 15 67 578 7,160 17 205 668 6,984 2 68 679 39,347 29 199 3,816 2,197 32 141 1,986 387 (D) 7,033 2,453 5,316 28,157 6,438 2,122 477 543 2,617 185 1,646 3,432 1,905 6,116 2,676 38,824 55,593 22,446 4,193 804 447 5,286 1,791 503 110 4,025 2,870 2,418 50,605 10,894 13,945 4,127 1,056 13,248 7,149 186 53,814 17,159 97,194 22,165 35,065 8,371 58,867 13,158 27,920 23,803 127,976 17,483 9,382 101,112 22,694 78,417 (°)23 35 (Dj 183 35 2 3 38 1 16 41 (26 D) 9 736 1,918 1,149 547 110 86 5 99 169 45 19 862 367 32 64 11 334 51 3 937 647 1,615 382 1,010 377 2,257 320 2,367 788 7,594 1,970 2,556 3,068 2,327 741 (DJ 89 448 627 138 11 (D) 13 7 (D) 28 152 44 92 133 1,861 3,479 1,463 244 57 (Dj 258 428 19 34 130 319 246 285 2,191 701 84 7 32 44 13 449 346 57 222 236 4,137 5,211 2,184 239 159 40 779 118 (D) g 311 (D) 279 1,144 2,215 229 1,006 63 108 159 211 17 14 571 625 101 236 4 14 2,261 3,380 1,110 1,171 2,897 4,778 1,043 1,723 2,212 2,456 119 607 3,138 6,583 1,254 631 8,227 2,346 1,028 1,984 6,823 11,539 1,006 1,980 507 252 5,310 9,307 1,372 2,417 3,938 6,890 idl (D) 207 (Dj 508 9,480 17,517 13,319 796 367 479 732 679 2,104 220 (D) (D) 35 288 516 4,199 1,374 159 29 97 81 15 858 457 221 539 369 6,851 9,593 4,231 836 267 208 1,022 240 25 23 886 445 279 13,285 8,938 125 414 157 2,901 695 56 6,459 2,418 11,073 2,219 4,565 1,016 11,295 1,360 4,191 3,702 24,959 4,538 3,154 17,267 5,578 11,689 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 differs from the estimate of personal income in the national income and product accounts (NIPA's) because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. In particular, it differs from the NIPA estimate because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S. firms. 148 October 2002 Schedule of BEA News Releases in 2003 January U.S. International Trade in Goods and Services, November 2002* State Personal Income, 3rd quarter 2002 Gross Domestic Product, 4th quarter 2002 (advance) Personal Income and Outlays, December 2002 February U.S. International Trade in Goods and Services, December 2002* Gross Domestic Product, 4th quarter 2002 (preliminary) March Personal Income and Outlays, January 2003 U.S. International Trade in Goods and Services, January 2003* U.S. International Transactions, 4th quarter 2002 Gross Domestic Product, 4th quarter 2002 (final) and Corporate Profits, 4th quarter 2002 Personal Income and Outlays, February 2003 April U.S. International Trade in Goods and Services, February 2003* State Personal Income, 4th quarter 2002 and Per Capita Personal Income, 2002 (preliminary) Gross Domestic Product, 1st quarter 2003 (advance) Personal Income and Outlays, March 2003 May Local Area Personal Income, 1999-2001 U.S. International Trade in Goods and Services, March 2003* Gross State Product by Industry, 1999-2001 Gross Domestic Product, 1st quarter 2003 (preliminary) and Corporate Profits, 1st quarter 2003 (preliminary) Personal Income and Outlays, April 2003 June Foreign Investors' Spending to Acquire or Establish U.S. Businesses, 2002 U.S. International Trade in Goods and Services, April 2003* U.S. International Transactions, 1st quarter 2003 Gross Domestic Product, 1st quarter 2003 (final) and Corporate Profits, 1st quarter 2003 (revised) Personal Income and Outlays, May 2003 International Investment Position of the United States, 2002 July U.S. International Trade in Goods and Services, May 2003* State Personal Income, 1st quarter 2003 Gross Domestic Product, 2nd quarter 2003 (advance) August Personal Income and Outlays, June 2003 U.S. International Trade in Goods and Services, June 2003* Gross Domestic Product, 2nd quarter 2003 (preliminary) and Corporate Profits, 2nd quarter 2003 (preliminary) Personal Income and Outlays, July 2003 September U.S. International Trade in Goods and Services, July 2003* U.S. International Transactions, 2nd quarter 2003 Gross Domestic Product, 2nd quarter 2003 (final) and Corporate Profits, 2nd quarter 2003 (revised) Personal Income and Outlays, August 2003 October U.S. International Trade in Goods and Services, August 2003* State Personal Income, 2nd quarter 2003 Gross Domestic Product, 3rd quarter 2003 (advance) Personal Income and Outlays, September 2003 November U.S. International Trade in Goods and Services, September 2003* Gross Domestic Product, 3rd quarter 2003 (preliminary) and Corporate Profits, 3rd quarter 2003 (preliminary) Personal Income and Outlays, October 2003 December U.S. International Trade in Goods and Services, October 2003* U.S. International Transactions, 3rd quarter 2003 Gross Domestic Product, 3rd quarter 2003 (final) and Corporate Profits, 3rd quarter 2003 (revised) Personal Income and Outlays, November 2003 *Joint release by Bureau of the Census and the Bureau of Economic Analysis. Jan. 17 Jan. 24 Jan. 30 Jan. 31 Feb. 20 Feb. 28 Mar. 3 Mar. 12 Mar. 14 8:30 a.m. 9:00 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. Mar. 27 Mar. 28 April 10 8:30 a.m. 8:30 a.m. 8:30 a.m. April 23 April 25 April 28 May 6 May 13 May 22 9:00 a.m. 8:30 a.m. 8:30 a.m. 9:00 a.m. 8:30 a.m. 9:00 a.m. May 29 May 30 June 3 June 13 June 19 8:30 a.m. 8:30 a.m. 10:00 a.m. 8:30 a.m. 8:30 a.m. June 26 June 27 June 30 July 11 July 23 July 31 Aug. 1 Aug. 14 8:30 a.m. 8:30 a.m. 10:00 a.m. 8:30 a.m. 9:00 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. Aug. 28 Aug. 29 Sept. 11 Sept. 15 8:30 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. Sept. 26 Sept. 29 Oct. 10 Oct. 23 Oct. 30 Oct. 31 Nov. 13 8:30 a.m. 8:30 a.m. 8:30 a.m. 9:00 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. Nov. 25 Nov. 26 Dec. 12 Dec. 16 8:30 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. Dec. 23 Dec. 23 8:30 a.m. 8:30 a.m. D-1 October 2002 BEA Current and Historical Data National, International, and Regional Data This section presents an extensive selection of economic statistics prepared by the Bureau of Economic Analysis (BEA) and a brief selection of collateral statistics prepared by other Government agencies and private organizations. Series that originate in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are provided through the courtesy of the compilers and are subject to their copyrights. BEA's economic statistics are available on BEA's Web site at <www.bea.gov>. The site contains data, articles, news releases, and other information from BEA's national, industry, international, and regional programs. The tables present annual [A], quarterly [Q], and monthly [M] data National Data International Data A. Selected NIPA tables [A, Q] S. Summary tables D-2 1. National product and income D-3 2. Personal income and outlays D-7 3. Government current receipts and expenditures ....D-8 4. Foreign transactions. D-12 5. Saving and investment D-14 6. Income and employment by industry D-17 7. Quantity and price indexes D-18 8. Supplemental tables D-25 B. Other NIPA and NIPA-related tables B.I Personal income [A,M] D-30 B.2 Disposition of personal income [A, M] D-30 B.3 Gross domestic product by industry [A] D-31 B.4 Personal consumption expenditures by type [A] D-32 B.5 Private fixed investment in structures by type [A] D-33 B.6 Private fixed investment in equipment and software by type [A] D-33 B.7 Compensation and wage and salary accruals by industry [A] D-34 B.8 Employment by industry [A] D-35 B.9 Wage and salary accruals by employee and by industry [A] ..D-36 B.10 Farm sector output, gross product, and national income [A] D-37 B.I 1 Housing sector output, gross product, and national income [A] D-37 B.I 2 Net stock of private fixed assets by type [A] D-38 C. Historical measures C.I GDP and other major NIPA aggregates D-39 D. Domestic perspectives [A, Q, M] D-42 E. Charts Selected NIPA series D-44 Other indicators of the domestic economy D-50 F. Transactions tables Rl U.S. international transactions in goods and services [A, M] D-52 F.2 U.S. international transactions [A, Q] F.3 U.S. international transactions by area [Q] F.4 Private services transactions [A] G. Investment tables [A] G.I U.S. international investment position D-54 G.2 USDIA: Selected items D-55 G.3 Selected financial and operating data of foreign affiliates of U.S. companies D-56 G.4 FDIUS: Selected items D-57 G.5 Selected financial and operating data of U.S. affiliates of foreign companies D-58 H. International perspectives [A, Q, M] D-59 I. Charts The United States in the international economy D-60 Regional Data J. State and regional tables J.I Personal income [Q] D-61 J.2 Personal income and per capita personal income [A] D-62 J.3 Disposable personal income and per capita disposable personal income [A] D-63 J.4 Gross state product [A] D-64 K. Local area table K.I Personal income and per capita personal income by metropolitan area [A] D-65 L. Charts Selected regional estimates D-67 Appendixes A: Additional information about the NIPA estimates Statistical conventions D-69 Reconciliation tables [A, Q] D-70 B: Suggested reading D-71 October 2002 D-2 National Data A. Selected NIPA Tables The tables in this section include the most recent estimates of gross domestic product and its components; these estimates were released on September 27, 2002 and include the "final" estimates for the second quarter of 2002. Also included are revised estimates of wages and salaries and affected income-side series for the first quarter of 2002. These revisions permit the early incorporation of seasonally adjusted quarterly information from comprehensive Bureau of Labor Statistics tabulations of wages and salaries of employees covered by State unemployment insurance. For additional information about this change in methodology, see Eugene P. Seskin and Stephanie McCulla, "Annual Revision of the National Income and Product Accounts," SURVEY OF CURRENT BUSINESS 82 (August 2002): 7-34. The selected set of NIPA tables shown in this section presents quarterly estimates, which are updated monthly. In most of these tables, annual estimates are also shown. The news release on gross domestic product is available within minutes of the time of release, and the "Selected NIPA Tables" are available later that day, on BEA's Web site <www.bea.gov>. The "Selected NIPA Tables" are also available on printouts or diskettes from BEA. To order NIPA subscription products, call the BEA Order Desk at 1-800-704-0415 (outside the United States, 202-606-9666). S. S u m m a r y T a b l e s . Table S.1. Summary of Percent Change From Preceding Period in Real Gross Domestic Product and Related Measures Table S.2. Summary of Contributions to Percent Change in Real Gross Domestic Product [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 2000 2001 2001 II Gross domestic product. Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Residential Change in private inventories Net exports of goods and services Exports Goods . Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Nondefense State and local Addenda: Final sales of domestic product Gross domestic purchasesFinal sales to domestic purchasers Gross national product Disposable personal income I II 3.8 .3 -1.6 -.3 2.7 5.0 1.3 4.4 8.2 3.9 3.8 2.5 6.0 2.0 2.0 1.4 5.3 -.3 1.5 1.5 4.6 1.3 .9 6.0 33.6 3.6 2.1 3.1 -6.3 7.9 2.9 1.8 2.0 -.1 2.7 6.2 6.1 7.8 6.5 8.2 1.1 -10.7 -3.8 -5.2 -1.7 -6.4 .3 -17.6 -11.1 -14.5 -8.4 -16.7 -.5 -5.2 -4.3 -6.0 2.9 -9.2 .4 -17.3 -8.9 -10.9 -30.1 -2.5 -3.5 18.2 -.5 -5.8 -14.2 -2.7 14.2 7.9 -1.0 -2.4 -17.6 3.3 2.7 9.7 11.3 6.0 13.2 13.5 11.6 -5.4 -5.9 -4.0 -2.9 -3.3 -.5 -12.4 -16.1 -2.5 -6.8 -9.4 8.5 -17.3 -18.6 -13.9 -11.8 -9.6 -23.2 -9.6 -7.9 -13.8 -5.3 -3.3 -16.5 3.5 -3.4 21.7 8.5 3.7 35.7 14.3 15.9 10.7 22.2 27.9 -2.1 2.7 1.3 -.1 3.6 3.5 3.7 4.8 5.0 4.5 3.1 5.6 6.0 2.7 12.0 5.4 -1.1 1.2 4.6 -4.5 -2.3 10.5 13.5 14.3 12.1 8.9 5.6 7.4 11.6 .4 4.6 1.4 7.5 7.8 6.9 -1.7 3.7 4.4 1.5 .4 -.4 -1.1 -.2 -.1 4.2 2.9 2.4 5.6 -.1 2.6 4.3 3.7 4.8 1.6 .2 1.8 .0 -.8 -.6 .1 -1.1 10.5 4.3 3.7 -7.6 3.0 3.7 14.5 1.3 .4 3.6 NOTE. Percent changes from preceding period in the current-dollar and price measures for these series are shown in table 8.1. 2001 2001 2002 2002 IV III 2000 Percent change at annual rate: Gross domestic product Percentage points at annual rates: Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Residential Change in private inventories Net exports of goods and services Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Nondefense State and local 3.8 -1.6 -.3 2.7 5.0 1.3 2.94 .65 .77 1.51 1.67 .48 .39 .80 .92 .42 -.07 .57 .97 .36 .25 .35 4.05 2.45 .73 .87 2.22 -.55 1.57 1.20 1.22 .16 -.02 1.08 1.08 1.03 .98 .20 -1.90 -.65 -.66 -.05 -3.09 -1.95 -1.93 -.29 -.81 -.72 -.73 .10 -2.88 -1.49 -1.33 -1.12 2.53 -.07 -.66 -.44 1.16 -.15 -.27 -.53 .78 .05 -.61 .01 -1.64 -.02 -.83 .02 -.21 -.16 -.22 .60 .26 .12 .06 -1.24 -1.14 -.09 -1.39 2.60 1.31 -.75 1.04 .85 .19 -.18 -.59 -.47 -.42 -1.42 -1.34 -.08 1.00 1.18 -.18 -.24 -1.94 -1.49 -.45 -.28 -.99 -.56 -.42 .70 .37 .33 -.75 .33 -.23 .56 -1.08 -.40 -.68 -1.40 1.00 -.21 .07 1.85 .80 .54 .26 1.05 1.04 .27 .47 .32 .16 -1.79 -1.54 -.24 -.13 .42 .40 .01 .49 .08 .00 .08 .41 .65 .29 .19 .10 .36 .36 .10 .25 .64 1.70 1.17 .53 .18 -.11 -.28 .47 .46 .01 .56 1.29 .99 .30 -2.69 -2.74 .05 -.21 NOTE. More detailed contributions to percent change in real gross domestic product are shown in table 8.2. Contributions to percent change in major components of real gross domestic product are shown in tables 8.3 through 8.6. October 2002 D-3 SURVEY OF CURRENT BUSINESS 1. National Product and Income Table 1.1. Gross Domestic Product Table 1.2. Real Gross Domestic Product [Billions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates 2000 2001 II Gross domestic product Personal consumption expenditures Durable goods Nondurable goods.... Services Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Residential.. Change in private inventories Net exports of goods and services Exports Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense... Nondefense State and local III Seasonally adjusted at annual rates 2002 2001 IV I 2001 9,191.4 9,214.5 2001 2002 II 9,824.6 10,082.2 10,049.9 10,097.7 10,152.9 10,313.1 10,376.9 6,683.7 803.9 1,972.9 3,906.9 6,987.0 835.9 2,041.3 4,109.9 6,959.8 820.3 2,044.8 4,094.7 6,983.7 824.0 2,044.3 4,115.4 7,099.9 882.6 2,044.4 4,172.9 7,174.2 859.0 2,085.1 4,230.1 7,254.7 856.9 2,108.2 4,289.5 1,755.4 1,691.8 1,265.8 314.2 1,586.0 1,646.3 1,201.6 324.5 1,597.2 1,654.3 1,210.0 329.9 1,574.9 1,635.5 1,188.1 332.0 1,500.7 1,597.2 1,149.8 302.3 1,559.4 1,589.4 1,126.8 288.3 1,588.0 1,584.6 1,115.8 275.2 951.6 426.0 877.1 444.8 880.2 444.2 856.1 447.4 847.4 447.4 838.5 462.6 840.7 468.7 63.6 -60.3 -57.1 -60.6 -96.5 -29.9 3.4 -365.5 1,101.1 785.0 316.1 1,466.6 1,243.1 223.5 -348.9 1,034.1 733.5 300.6 1,383.0 1,167.2 215.8 -365.7 1,059.7 750.6 309.1 1,425.3 1,189.9 235.5 -312.6 1,005.8 708.5 297.3 1,318.4 1,140.6 177.8 -344.5 971.1 687.7 283.4 1,315.6 1,098.3 217.3 -360.1 977.5 679.8 297.7 1,337.5 1,102.3 235.2 -425.6 1,018.1 709.4 308.8 1,443.7 1,202.9 240.8 1,751.0 589.2 374.9 214.3 1,161.8 1,858.0 628.1 399.9 228.2 1,229.9 1,858.5 624.8 395.2 229.6 1,233.7 1,851.7 627.4 400.3 227.2 1,224.3 1,896.8 646.9 412.8 234.1 1,249.8 1,939.5 672.0 431.7 240.3 1,267.5 1,959.8 688.2 442.1 246.1 1,271.6 NOTE. Percent changes from preceding period for selected items in this table are shown in table 8.1. 2000 Gross domestic product.. Personal consumption expenditures Durable goods , Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Residential Change in private inventories Net exports of goods and services Exports ..;.... Goods Services Imports Goods Services Government consumption expenditures and gross investment Federal National defense Nondefense State and local Residual ..... 9,193.1 9,186.4 9,248.8 9,363.2 9,392.4 6,223.9 6,377.2 6,348.0 6,370.9 6,464.0 6,513.8 6,542.4 980.7 878.9 931.9 912.4 992.0 975.9 922.6 1,833.8 1,869.8 1,862.3 1,868.3 1,885.0 1,921.4 1,920.9 3,524.5 3,594.9 3,589.3 3,597.5 3,616.6 3,642.2 3,666.2 1,762.9 1,574.6 1,583.5 1,562.7 1,490.3 1,554.0 1,583.9 1,691.9 1,627.4 1,633.5 1,615.7 1,578.4 1,576.4 1,572.6 1,324.2 1,255.1 1,261.0 1,241.7 1,206.4 1,188.4 1,181.1 252.7 270.9 275.5 274.4 276.3 243.2 231.7 960.3 988.2 1,056.0 961.4 966.4 953.7 371.0 373.5 372.4 374.0 374.3 383.6 386.1 -98.4 -61.4 65.0 -58.3 4.9 -61.8 -28.9 -398.8 -414.8 -419.0 -425.3 -446.6 -487.4 1,098.8 1,048.0 1,021.8 1,030.6 1,065.5 760.0 744.6 765.8 800.1 738.1 288.7 278.2 299.7 304.1 299.7 292.2 292.0 1,536.0 1,492.0 1,513.6 1,467.0 1,447.2 1,477.1 1,552.9 1,313.7 1,270.5 1,281.1 1,249.2 1,238.7 1,250.0 1,329.2 233.5 218.6 208.9 224.3 222.4 225.5 223.6 1,137.2 834.7 -415.9 1,076.1 785.2 1,582.5 1,640.4 1,638.0 1,633.3 1,674.5 1,697.3 1,703.3 544.4 568.9 587.2 570.6 567.2 597.8 608.7 348.7 361.4 365.5 378.0 366.0 388.5 395.8 203.2 209.1 195.6 204.4 205.6 209.3 212.9 1,037.4 1,069.4 1,070.2 1,064.1 1,087.1 1,099.3 1,094.7 2.1 22.6 26.7 29.1 20.2 20.2 25.1 NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to the percent change in real gross domestic product are shown in table 8.2. Chain-type quantity indexes for the series in this table are shown in table 7.1. National Data D-4 October 2 0 0 2 Table 1.3. Gross Domestic Product by Major Type of Product Table 1.4. Real Gross Domestic Product by Major Type of Product [Billions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates 2000 Gross domestic product Final sales of domestic product. Change in private inventories Goods Final sales Change in private inventories Durable goods Final sales Change in private inventories' Nondurable goods.... Final sales Change in private inventoriesl Services Structures Addenda: Motor vehicle output Gross domestic product less motor vehicle output 2001 Seasonally adjusted at annual rates 2002 2001 2000 9,824.6 10,082.2 10,049.9 10,097.7 10,152.9 10,313.1 10,376.9 9,761.1 10,142.5 10,107.0 10,158.3 10,249.4 10,343.0 10,373.5 63.6 3,651.0 3,587.4 -60.3 3,593.7 3,654.0 -57.1 3,587.9 3,645.0 -60.6 3,568.6 3,629.2 -96.5 3,599.1 3,695.5 -29.9 3,664.2 3,694.1 3.4 3,659.1 3,655.7 63.6 1,735.0 1,690.9 -60.3 1,611.4 1,676.4 -57.1 1,608.8 1,671.5 -60.6 1,582.6 1,647.9 -96.5 1,594.1 1,689.1 -29.9 1,621.2 1,641.5 3.4 1,612.0 1,616.8 44.1 1,915.9 1,896.5 -65.0 1,982.3 1,977.6 -62.8 1,979.2 1,973.5 -65.2 1,986.0 1,981.3 -95.0 2,005.0 2,006.4 -20.3 2,042.9 2,052.6 -4.8 2,047.1 2,038.9 19.4 4.7 5,535.1 953.3 5.6 5,497.4 964.6 4.7 5,579.4 949.7 -1.5 -9.7 5,259.2 914.5 5,613.1 5,696.6 940.7 952.3 8.2 5,781.5 936.3 335.4 312.0 307.9 315.6 327.7 331.8 334.7 9,489.3 9,770.2 9,741.9 9,782.1 9,825.2 9,981.3 10,042.1 1. Estimates for durable goods and nondurable goods for 1997 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). NOTE. Percent changes from preceding period for gross domestic product and for final sales of domestic product are shown in table 8.1. Table 1.5. Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers [Billions of dollars] Gross domestic product.. Final sales of domestic product Change in private inventories Residual Goods. . . . Final sales. Change in private inventories Durable goods Final sales Change in private inventories' Nondurable goods Final sales Change in private inventories ! Services Structures Residual Addenda: Motor vehicle output Gross domestic product less motor vehicle output 9,191.4 2001 9,214.5 2002 2001 II III IV I II 9,193.1 9,186.4 9,248.8 9,363.2 9,392.4 9,379.4 -28.9 9,377.9 4.9 91211 65.0 9 258 4 -61.4 9 234 3 -58.3 9 230 5 -61.8 9 324 9 -98.4 5.3 17.5 17.1 17.7 22.3 65.0 1,870.4 1,821.1 -61.4 1,754.9 1,823.9 -58.3 1,750.4 1,816.8 -61.8 1,727.0 1,796.1 -98.4 1,741.7 1,843.8 -28.9 1,781.1 1,801.6 4.9 1,784.6 1,787.6 46.0 1,813.2 1,791.2 -67.9 1.834.2 1,825.6 -65.7 1,823.5 1,814.4 -68.5 1,830.5 1,821.9 -99.3 1,853.1 1,849.1 -20.3 1,886.8 1,890.7 -4.4 1,887.2 1,874.5 12.7 9.6 3,674.3 3,589.9 3,574.1 3,560.3 3,598.2 3,670.8 3,674.4 3,603.7 3,643.3 3,624.5 3,613.8 3,686.8 3,693.4 3,663.0 19.5 5.1 -.8 -8.8 9.0 4.8 4.9 4,728.9 4,826.4 4,809.7 4,830.9 4,869.1 4,903.2 4,945.5 792.1 774.9 797.1 797.9 806.7 780.5 791.8 -13.2 4.6 6.1 9.3 6.4 4.7 5.3 336.5 315.9 312.2 320.2 332.6 340.5 347.2 8,854.8 8,896.6 8,878.5 8,864.5 8,915.7 9,022.6 9,045.9 1. Estimates for durable goods and nondurable goods for 1997 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line following change in private inventories is the difference between gross domestic product and the sum of final sales of domestic product and of change in private inventories; the residual line following structures is the difference between gross domestic product and the sum of the detailed lines of goods, of services, and of structures. Percent changes from preceding period for gross domestic product and for final sales of domestic product are shown in table 8.1. Chain-type quantity indexes for the series in this table are shown in table 7.17. Table 1.6. Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Billions of chained (1996) dollars] Gross domestic product 9,824.6 10,082.2 10,049.9 10,097.7 10,152.9 10,313.1 10,376.9 Less: Exports of goods 971.1 1,059.7 1,034.1 1,018.1 977.5 1,005.8 and services 1,101.1 Plus: Imports of goods 1,443.7 1,337.5 1,315.6 1,425.3 1,318.4 1,383.0 and services 1,466.6 Equals: Gross domestic purchases 10,190.1 10,431.0 10,415.5 10,410.4 10,497.4 10,673.1 10,802.4 Less: Change in private -57.1 -29.9 -96.5 -60.6 63.6 inventories -60.3 3.4 Equals: Final sales to domestic purchasers 10,126.6 10,491.4 10,472.6 10,470.9 10,593.9 10,703.1 10,799.0 Gross domestic product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases Less: Change in private inventories Equals: Final sales to domestic purchasers 9,363.2 9,392.4 9,191.4 9,214.5 9,193.1 9,186.4 1,137.2 1,076.1 1,098.8 1,048.0 1,021.8 1,030.6 1,065.5 1,536.0 1,492.0 1,513.6 1,467.0 1,447.2 1,477.1 1,552.9 9,561.2 9,600.7 9,577.1 9,575.8 9,645.3 9,778.2 9,840.8 65.0 -61.4 -58.3 -61.8 -98.4 -28.9 4.9 9,490.7 9,644.9 9,618.7 9,620.3 9,722.3 9,794.4 9,826.0 9,248.8 NOTE. Percent changes from preceding period for selected items in this table are shown in table 8.1. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. Percent changes from preceding period for selected series in this table are shown in table 8.1. Chain-type quantity indexes for selected series in this table are shown in table 7.2. Table 1.7. Gross Domestic Product by Sector Table 1.8. Real Gross Domestic Product by Sector [Billions of dollars] [Billions of chained (1996) dollars] Gross domestic product Business' Nonfarm2 Nonfarm less housing Housing Farm Households and institutions Private householdsNonprofit institutions General government3.. Federal State and local 9,824.6 10,082.2 10,049.9 10,097.7 10,152.9 10,313.1 10,376.9 8,311.4 8,482.7 8,459.5 8,484.6 8,525.2 8,656.2 8,700.1 8,567.6 8,631.5 8,379.9 8,402.7 8,443.7 8,402.1 8,233.6 7,435.9 797.8 77.8 7,571.1 831.1 80.6 7,549.3 830.6 79.7 7,566.4 836.3 81.9 7,601.5 842.1 81.6 7,712.8 854.8 88.6 7,757.5 874.1 68.6 431.1 13.6 417.5 1,082.1 323.4 758.7 459.6 11.9 447.7 1,139.8 332.8 807.0 457.7 12.3 445.3 1,132.6 332.7 800.0 465.1 11.6 453.5 1,148.0 333.7 814.3 466.6 10.7 455.9 1,161.1 334.3 826.8 472.5 10.5 462.0 1,184.4 350.1 834.3 481.4 10.7 470.8 1,195.3 354.1 841.3 1. Equals gross domestic product less gross product of households and institutions and of general government. 2. Equals gross domestic business product less gross farm product. 3. Equals compensation of general government employees plus general government consumption of fixed capital as shown in table 3.7. Gross domestic product.. Business1 Nonfarm2 Nonfarm less housing Housing Farm Households and institutions.. Private households Nonprofit institutions General government3 Federal State and local Residual 9,191.4 9,214.5 9,193.1 9,186.4 9,248.8 9,363.2 9,392.4 7,846.8 7,838.3 7,821.3 7,803.4 7,859.4 7,966.9 7,989.2 7,729.2 7,724.7 7,710.8 7,693.9 7,739.2 7,849.1 7,876.8 7,019.1 7,012.9 6,994.0 6,980.8 7,032.2 7,140.4 7,157.0 717.1 713.5 708.3 710.9 721.0 711.0 712.6 109.5 108.3 124.4 119.8 110.8 120.5 114.3 398.6 400.4 401.0 403.4 406.4 388.9 398.7 10.6 9.8 9.0 8.7 8.8 12.0 10.1 388.1 390.6 392.0 394.8 397.7 376.9 388.7 974.3 982.9 988.9 994.3 998.1 958.6 978.5 291.1 291.6 292.0 294.3 296.0 289.4 291.3 683.0 691.0 696.5 699.7 701.7 669.0 687.0 -6.5 -2.4 -5.4 -.3 -5.6 -.6 .8 1. Equals gross domestic product less gross product of households and institutions and of general government. 2. Equals gross domestic business product less gross farm product. 3. Equals compensation of general government employees plus general government consumption of fixed capital as shown in table 3.8. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. Chain-type quantity indexes for the series in this table are shown in table 7.14. October 2002 D-5 SURVEY OF CURRENT BUSINESS Table 1.9. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income Table 1.10. Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product [Billions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 2000 2001 2001 2002 II Gross domestic product Plus: Income receipts from the rest of the world Less: Income payments to the rest of the world Equals: Gross national product Less: Consumption of fixed capital Private Capital consumption allowances Less: Capital consumption adjustment Government General government Government enterprises Equals: Net national product Less: Indirect business tax and nontax liability Business transfer payments Statistical discrepancy Plus: Subsidies less current surplus of government enterprises Equals: National income Less: Corporate profits with Inventory valuation and capital consumption adjustments Net interest Contributions for social insurance Wage accruals less disbursements Plus: Personal interest income Personal dividend income Government transfer payments to persons Business transfer payments to persons Equals: Personal income Addenda: Gross domestic income Gross national income Net domestic product 2000 I IV 9,824.6 10,082.2 10,049.9 10,097.7 10,152.9 10,313.1 10,376.9 383.4 360.0 316.9 295.0 332.5 301.4 302.0 290.5 2001 269.0 233.7 264.7 262.8 276.0 296.1 9,848.0 10,104.1 10,081.0 10,109.3 10,188.1 10,314.9 10,356.8 1,228.9 1,018.0 1,329.3 1,106.8 1,315.0 1,095.0 1,381.8 1,153.8 1,338.6 1,114.4 1,363.5 1,136.9 1,389.8 1,161.2 1,037.1 1,168.4 1,091.2 1,180.3 1,331.9 1,324.0 1,322.0 19.1 210.9 61.6 222.4 -3.7 220.0 26.5 227.9 217.5 224.2 187.0 226.5 160.8 228.6 179.5 187.7 187.0 188.4 190.4 192.5 194.1 31.5 34.8 33.1 39.6 33.8 34.0 34.4 8,619.1 8,774.8 8,766.0 8,727.5 8,849.5 8,951.5 8,967.0 753.6 774.8 775.9 772.7 779.9 786.2 795.1 43.7 -128.5 42.5 -117.3 42.5 -112.9 42.6 -117.8 42.8 -132.6 43.8 -110.0 43.9 -164.6 34.1 47.3 49.7 59.1 37.5 37.0 35.1 7,984.4 8,122.0 8,110.1 8,196.8 8,268.5 8,327.7 788.1 611.5 731.6 649.8 721.4 648.6 687.2 648.3 811.4 653.9 797.6 672.8 785.0 678.1 701.3 726.1 726.4 727.4 725.8 740.4 746.0 .0 .0 .0 .0 .0 .0 .0 1,077.0 1,091.3 1,097.2 1,086.4 1,072.9 1,069.9 1,082.3 375.7 409.2 406.0 411.0 417.3 423.7 430.3 1,126.0 1,148.9 1,171.0 1,217.4 1,247.7 Gross domestic product Plus: Income receipts from the rest of the world Less: Income payments to the rest of the world Equals: Gross national product Less: Consumption of fixed capital Private Government General government Government enterprises... Equals: Net national product. Addenda: Gross domestic income '.... Gross national income2 Net domestic product 2002 2001 II III IV I II 9,191.4 9,214.5 9,193.1 9,186.4 9,248.8 9,363.2 9,392.4 359.0 292.0 306.0 278.1 247.4 242.8 251.8 333.6 239.2 268.2 269.2 274.8 264.9 213.1 9,216.2 9,237.3 9,224.3 9,199.8 9,283.5 9,367.5 9,376.7 1,226.1 1,320.8 1,300.8 1,378.1 1,333.5 1,357.9 1,390.9 1,024.0 1,110.7 1,093.0 1,163.0 1,122.2 1,144.8 1,176.2 202.5 212.1 214.0 210.9 208.5 216.1 215.8 173.3 181.5 183.2 179.2 178.4 179.9 184.7 29.2 30.9 31.7 30.1 36.0 30.6 31.1 7,994.4 7,928.1 7,933.7 7,838.8 7,961.1 8,022.0 8,001.6 9,311.6 9,336.4 7,969.7 9,321.7 9,344.5 7,905.4 9,296.3 9,327.6 7,902.6 9,293.6 9,307.1 7,825.3 9,369.5 9,404.2 7,926.7 9,463.1 9,467.4 8,017.7 9,541.4 9,525.7 8,017.0 1. Gross domestic income d .. . . r 2. Gross national income deflated by the implicit price deflator for gross national product. NOTE. Except as rioted in footnotes 1 and 2, chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chaineddollar estimates are usually not additive. The chain-type quantity index for gross national product is shown in table 7.3. Table 1.11. Command-Basis Real Gross National Product [Billions of chained (1996) dollars] Gross national product 1,037.3 33.0 33.4 33.2 33.6 34.0 34.6 34.9 8,406.6 8,685.3 8,676.2 8,706.2 8,700.9 8,803.4 8,913.7 9,953.1 10,199.4 10,162.7 10,215.6 10,285.5 10,423.1 10,541.5 9,976.5 10,221.4 10,193.8 10,227.1 10,320.7 10,424.9 10,521.4 8,595.7 8,752.9 8,734.8 8,716.0 8,814.3 8,949.6 8,987.0 9,216.2 9,237.3 9,224.3 9,199.8 9,283.5 9,367.5 9,376.7 Less: Exports of goods and services and income receipts from the rest of the world ... 1,498.9 1,366.5 1,404.1 1,324.1 1,264.7 1,268.0 1,311.9 Plus: Command-basis exports of goods and services and income receipts from the 1,516.6 1,410.0 1,434.2 1,400.2 1,314.9 1,321.2 1,345.6 rest of the world ' Equals: Command-basis gross 9,233.9 9,280.9 9,254.4 9,275.9 9,333.7 9,420.6 9,410.3 national product Addendum: 2 101.2 103.2 102.1 105.7 104.0 104.2 102.6 Terms of trade 1. Exports of goods and services and income receipts deflated by the implicit price deflator for imports of goods and services and income payments. 2. Ratio of the implicit price deflator for exports of goods and services and income receipts to the corresponding implicit price deflator for imports divided by 100. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar sstimates are usually not additive. Percent changes from preceding period for gross national product are shown in table 8.1. Chain-type quantity indexes for the series in this table are shown in table 7.3. National Data D-6 Table 1.14. National Income by Type of Income Table 1.16. Gross Product of Corporate Business in Current Dollars and Gross Product of Nonfinancial Corporate Business in Current and Chained Dollars [Billions of dollars] Seasonally adjusted at annual rates 2000 2001 October 2 0 0 2 Seasonally adjusted at annual rates 2002 2001 IV I 2000 II 2001 2001 II National income Compensation of employees. Wage and salary accruals.... Government Other Supplements to wages and salaries Employer contributions for social insurance Other labor income Proprietors' income with inventory valuation and capital consumption adjustments Farm Proprietors' income with inventory valuation adjustment Capital consumption adjustment Nonfarm Proprietors' income Inventory valuation adjustment Capital consumption adjustment Rentaj income of persons with capital consumption adjustment Rental income of persons.... Capital consumption adjustment Corporate profits with inventory valuation and capital consumption adjustments Corporate profits with inventory valuation adjustment..... Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits Inventory valuation adjustment Capital consumption adjustment Net interest Addenda: Corporate profits after tax with inventory valuation and capital consumptio adjustments Net cash flow with inventory valuation and capital consumption adjustments Undistributed profits with inventory valuation and capital consumption adjustments Consumption of fixed capital Less: Inventory valuation adjustment Equals: Net cash flow 8,122.0 8,110.1 8,089.1 8,196.8 8,268.5 8,327.7 5,874.9 5,879.3 5,880.4 5,860.9 5,908.4 5,963.5 4,950.6 4,956.9 4,953.7 4,931.4 4,957.8 4,997.0 768.9 840.4 810.8 805.8 825.2 817.1 848.4 4,067.4 4,139.8 4,151.0 4,136.6 4,106.2 4,117.4 4,148.6 7,984.4 5,723.4 4,836.3 887.1 924.3 922.4 926.7 929.4 950.7 966.6 342.9 544.2 353.9 570.4 354.2 568.2 354.3 572.4 353.2 576.3 359.9 590.8 362.5 604.1 714.8 22.6 727.9 726.6 18.4 732.4 19.3 731.3 19.2 748.4 21.7 747.5 7.5 19.0 30.2 26.7 26.0 27.0 27.1 30.0 16.1 -7.6 692.2 621.2 -7.7 708.8 621.6 -7.6 708.2 634.7 -7.7 713.1 628.8 -7.8 712.1 594.1 -8.2 726.7 612.5 -8.7 740.0 626.9 -1.6 .9 -.7 1.5 3.6 -2 -1.1 72.6 86.3 74.2 82.8 114.3 114.4 114.2 146.6 206.6 -60.0 137.9 204.4 -66.5 134.3 204.8 -70.5 140.8 206.5 -65.6 139.3 206.9 -67.6 141.3 209.1 153.5 221.9 -67.8 -68.4 788.1 731.6 721.4 687.2 811.4 797.6 785.0 767.3 782.3 259.4 522.9 376.1 146.8 675.1 670.2 199.3 470.9 409.6 61.2 714.0 720.2 213.1 507.1 406.5 100.7 663.2 654.3 196.2 458.1 411.4 46.7 626.3 599.1 170.6 428.5 417.7 10.8 641.3 639.4 202.4 437.0 424.2 12.8 652.2 657.9 213.7 444.3 430.8 13.5 -15.0 5.0 -6.2 8.9 27.2 1.9 -5.7 20.8 611.5 56.5 649.8 7.3 648.6 23.9 648.3 185.1 653.9 156.3 672.8 132.8 678.1 528.7 532.3 508.3 490.9 640.8 595.2 571.3 873.7 911.8 874.2 915.1 1,015.6 979.3 966.7 152.6 122.7 101.9 79.5 223.0 171.0 140.5 721.1 789.1 772.3 835.6 792.6 808.3 826.1 -15.0 888.7 5.0 906.8 -6.2 880.3 8.9 906.2 27.2 988.4 1.9 977.4 -5.7 972.4 2002 III IV I II Billions of dollars Gross product of corporate business Consumption of fixed capital.. Net product Indirect business tax and nontax liability plus business transfer payments less subsidiesDomestic income Compensation of employees Wage and salary accruals Supplements to wages and salaries Corporate profits with inventory valuation and capital consumption adjustments Profits before tax Profits tax liability.... Profits aftertax Dividends Undistributed profits Inventory valuation adjustment Capital consumption adjustment Net interest Gross product of financial corporate business Gross product of nonfinancial corporate business Consumption of fixed capital.. Net product Indirect business tax and nontax liability plus business transfer payments less subsidiesDomestic income Compensation of employees Wage and salary accruals Supplements to wages and salaries Corporate profits with inventory valuation and capital consumption adjustments Profits before tax Profits tax liability.... Profits after tax Dividends 1 lnrfic»+rihi ifoH unuisiriDuieu profits Inventory valuation adjustment Capital consumption adjustment Net interest 6,049.4 6,117.5 6,102.9 6,107.2 6,153.4 6,249.2 6,320.0 721.1 789.1 772.3 835.6 792.6 808.3 826.1 5,328.3 5,328.4 5,330.6 5,271.6 5,360.8 5,440.9 5,493.8 550.0 4,778.4 565.7 4,762.7 571.3 4,759.3 549.9 4,721.7 576.7 4,784.1 582.1 4,858.9 588.8 4,905.0 3,893.9 3,945.6 3,953.6 3,944.5 3 921 R 3 941 7 3 979 2 3,343.9 3,378.6 3,387.7 3,376.0 3,351.4 3,360.6 3,386.2 549.9 567.0 565.9 568.5 570.2 581.1 593.0 644.8 639.0 259.4 379.6 349.5 580.9 519.4 199.3 320.1 383.1 560.9 559.8 213.1 346.7 369.2 545.3 512.5 196.2 316.3 390.2 646.7 434.4 170.6 263.8 391.9 665.6 507.4 202.4 305.0 402.8 669.9 542.9 213.7 329.2 385.1 30.1 -63.0 -22.5 -73.9 -128.1 -97.9 -56.0 -15.0 5.0 -6.2 8.9 27.2 1.9 -5.7 20.8 239.7 56.5 236.3 7.3 244.8 23.9 231.8 185.1 215.8 156.3 251.6 132.8 255.8 754.4 763.3 762.1 741.5 761.8 825.5 831.3 5,295.0 5,354.2 5,340.9 5,365.7 5,391.6 5,423.8 5,488.7 670.7 599.4 652.8 641.6 684.9 657.0 685.1 4,695.6 4,701.4 4,699.3 4,680.8 4,734.6 4,753.1 4,803.6 508.9 4,186.6 523.7 4,177.7 529.3 4,170.0 508.0 4,172.8 534.3 4,200.3 539.3 4,213.9 545.6 4,258.0 3,542.1 3,573.5 3,580.7 3,572.5 3,551.8 3,570.1 3,604.1 3,040.1 3,056.4 3,064.7 3,054.1 3,031.8 3,040.2 3,063.3 502.0 517.1 516.0 518.4 520.0 529.9 540.8 461 8 437.9 172.4 265.5 259.6 407.4 328.8 123.5 205.3 278.5 3GJ1 368.2 136.2 232.0 268.3 403 0 349.8 129.4 220.4 283.8 449 0 234.3 94.0 140.3 285.2 452 4 289.2 119.8 169.5 293.1 459 3 324.4 130.8 193.6 280.2 5.9 -73.2 -36.3 -63.4 -144.9 -123.6 -86.6 -15.0 5.0 -6.2 8.9 27.2 1.9 -5.7 38.8 182.7 73.6 196.8 31.1 196.1 44.3 197.3 187.4 199.5 161.3 191.4 140.6 194.6 Billions of chained (1996) dollars Gross product of nonfinancial corporate business' Consumption of fixed capital2 Net product3 5,075.7 5,048.7 5,032.2 616.7 671.9 659.3 4,459.0 4,376.8 4,372.9 5,029.0 5,096.1 5,137.1 5,203.5 695.2 715.4 702.9 681.0 4,326.1 4,415.1 4,441.9 4,488.1 1. Effective with the estimates scheduled for release on November 26, 2002, chained-dollar gross product of nonfinancial corporate business for 1999 to 2002 will be revised to reflect revisions to the gross product price indexes for nonfinancial industries. 2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. 3. Chained-dollar net product of nonfinancial corporate business is the difference between the gross product and the consumption of fixed capital. October 2002 D-7 SURVEY OF CURRENT BUSINESS 2. Personal Income and Outlays 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 2000 2001 Personal income 8,406.6 8,685.3 8,676.2 Wage and salary disbursements 4,836.3 4,950.6 4,956.8 Private industries 4,067.4 4,139.8 4,151.0 Goods-producing industries 1,163.7 1,142.4 1,150.0 Manufacturing 829.4 789.4 797.1 Distributive industries1,094.8 1,109.2 1,112.3 Service industries 1,808.9 1,888.2 1,888.8 Government 810.8 805.8 768.9 Other labor income 544.2 570.4 568.2 1 Proprietors income with inventory valuation and capital consumption adjustments 714.8 727.9 726.6 Farm 22.6 19.0 18.4 Nonfarm 692.2 708.8 708.2 Rental income of persons with capital consumption 146.6 137.9 134.3 adjustment 375.7 409.2 406.0 Personal dividend income. Personal interest income... 1,077.0 1,091.3 1,097.2 Transfer payments to 1,070.3 1,170.4 1,159.1 persons Old-age, survivors, disability, and health 617.2 660.2 664.3 insurance benefits Government unemployment 29.2 20.5 31.9 insurance benefits 26.4 25.1 26.7 Veterans benefits 407.4 447.6 443.3 Other transfer payments.. 18.3 19.2 19.2 Family assistance' 389.2 428.3 424.1 Other Less: Personal contributions for social insurance 358.4 372.2 372.3 Less: Personal tax and nontax payments 1,286.4 1,292.1 1,336.1 Equals: Disposable personal income 7,120.2 7,393.2 7,340.0 Less: Personal outlays 6,918.6 7,223.5 7,198.5 Personal consumption expenditures 6,683.7 6,987.0 6,959.8 Interest paid by persons 205.4 205.4 207.7 Personal transfer payments to the rest of the world (net) 29.5 31.1 30.9 Equals: Personal saving 169.7 201.5 141.6 Addenda: Disposable personal income: Total, billions of chained (1996) dollars2 6,630.3 6,748.0 6,694.8 Per capita: Current dollars 25,205 25,859 25,717 23,471 23,602 23,456 Chained (1996) dollars Population (mid-period, millions) 282.5 285.9 285.4 Personal saving as a percentage of disposable personal income 2.8 2.3 1.9 2001 Seasonally adjusted at annual rates 2002 2000 8,706.2 8,700.9 8,803.4 8,913.7 4,953.7 4,931.4 4,957.8 4,997.0 4,136.6 4,106.2 4,117.4 4,148.6 1,140.0 783.4 1,110.8 1,123.3 769.9 1,098.6 1,885.8 1,884.3 817.1 825.2 572.4 576.3 732.4 19.3 713.1 731.3 19.2 712.1 140.8 411.0 417.3 1,116.9 759.4 1,110.1 1,890.4 840.4 590.8 748.4 21.7 726.7 1,118.9 761.5 1,119.3 1,910.5 848.4 604.1 747.5 7.5 740.0 139.3 141.3 153.5 423.7 430.3 1,086.4 1,072.9 1,069.9 1,082.3 1,182.5 1,205.0 1,252.0 1,282.6 674.0 690.2 696.3 33.1 26.7 452.6 19.3 433.3 41.0 27.7 462.4 19.4 443.0 52.3 28.5 481.0 19.3 461.7 67.3 29.3 489.8 19.3 470.4 373.1 372.7 380.5 383.5 670.1 1,181.9 1,309.7 1,136.8 1,127.2 7,524.2 7,391.2 7,666.7 7,786.6 7,222.0 7,329.6 7,396.3 7,477.9 7,174.2 7,254.7 190.6 191.3 6,983.7 206.5 7,099.9 199.1 31.8 302.2 30.6 61.5 6,864.0 6,729.1 26,275 23,970 25,729 23,424 26,616 24,166 26,953 24,307 286.4 287.3 288.1 288.9 3.5 4.0 4.0 31.5 270.4 31.9 308.7 6,961.0 7,022.1 1. Consists of aid to families with dependent children and, beginning with 1996, assistance programs operating under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996. 2. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures. NOTE. Percent changes from preceding period for disposable personal income 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, fuel oil, and other energy goods Gasoline and oil Fuel oil and coal Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Recreation Other Addenda: Energy goods and services] Personal consumption expenditures less food and energy 2001 2001 2002 6,683.7 6,987.0 6,959.8 6,983.7 7,099.9 7,174.2 7,254.7 824.0 859.0 856.9 882.6 835.9 820.3 803.9 399.5 365.8 362.1 361.3 336.6 351.0 349.0 317.1 319.1 311.5 303.9 304.9 175.8 171.5 167.5 168.1 176.1 1,972.9 2,041.3 2,044.8 2,044.3 2,044.4 2,085.1 2,108.2 993.8 1,002.8 1,025.0 1,023.9 992.4 988.7 955.0 312.1 323.9 313.7 315.3 313.6 317.4 325.8 304.8 162.4 306.1 168.4 156.7 156.2 174.7 191.7 178.6 179.3 182.5 142.2 160.7 175.4 142.3 162.1 163.6 164.4 14.0 16.2 15.7 14.5 13.9 16.5 18.1 559.2 567.5 578.0 585.6 521.8 555.0 550.8 3,906.9 4,109.9 4,094.7 4,115.4 4,172.9 4,230.1 4,289.5 960.0 1,014.5 1,007.9 1,021.1 1,035.5 1,051.7 1,066.0 386.2 404.8 399.2 400.9 396.9 406.3 406.7 142.4 151.8 144.9 143.1 143.9 154.5 155.8 243.9 253.0 256.1 253.8 251.8 250.9 255.4 267.8 270.1 275.6 269.0 271.4 273.2 273.3 991.8 1,072.2 1,064.2 1,079.0 1,103.1 1,119.0 1,139.3 255.5 276.6 283.8 271.9 271.2 271.7 279.0 1,045.5 1,073.6 1,071.4 1,068.8 1,091.8 1,107.8 1,123.8 324.8 333.0 347.5 331.0 299.8 300.1 319.6 5,403.9 5,661.6 5,623.7 5,658.9 5,797.3 5,849.1 5,911.1 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. Table 2.3. Real Personal Consumption Expenditures by Major Type of Product [Billions of chained (1996) dollars] Personal consumption expenditures Durable goods Motor vehicles and parts Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline, fuel oil, and other energy goods Gasoline and oil Fuel oil and coal Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Recreation Other Residual Addenda: Energy goods and services1 Personal consumption expenditures less food and energy 6,223.9 6,377.2 6,348.0 6,370.9 6,464.0 6,513.8 6,542.4 878.9 931.9 912.4 922.6 992.0 975.9 980.7 338.4 361.9 349.5 352.8 400.4 370.0 369.1 374.0 398.0 392.8 399.5 413.6 428.2 435.2 169.6 175.3 174.2 175.0 178.9 184.2 184.1 1,833.8 1,869.8 1,862.3 1,868.3 1,885.0 1,921.4 1,920.9 879.0 887.0 887.4 884.3 887.1 901.4 899.2 329.4 337.7 334.7 337.1 344.8 355.8 355.1 149.7 151.2 148.3 151.9 153.4 157.2 135.7 138.8 136.2 139.9 141.4 145.1 14.0 12.6 12.3 12.2 12.2 12.4 477.0 495.5 493.5 496.5 502.0 510.1 3,524.5 3,594.9 3,589.3 3,597.5 3,616.6 3,642.2 851.3 866.0 865.1 867.1 869.6 874.0 377.8 382.6 381.5 381.9 377.7 381.3 137.0 134.5 133.0 132.4 130.2 133.5 240.5 248.2 248.9 249.9 247.8 248.0 253.0 251.1 252.5 250.0 248.6 250.9 900.1 938.3 932.7 944.3 954.9 963.4 226.5 233.2 233.1 232.1 234.8 235.6 915.1 922.7 923.5 921.0 929.2 935.3 156.5 144.7 12.1 513.1 3,666.2 878.5 382.9 133.6 249.5 250.3 974.7 237.1 941.0 -16.7 -23.6 -21.4 -23.2 -31.5 -34.1 -34.9 286.4 285.6 281.1 284.3 283.6 290.7 290.1 5,057.5 5,204.5 5,179.7 5,202.4 5,293.6 5,322.1 5,353.5 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. Chain-type quantity indexes for the series in this table are shown in table 7.4. Contributions to the percent change in real personal consumption expenditures are shown in table 8.3. National Data D-8 October 2002 3. Government Current Receipts and Expenditures Table 3.1. Government Current Receipts and Expenditures [Billions of dollars] Seasonally adjusted at annual rates Current receipts Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance Current expenditures Consumption expenditures Transfer payments (net) To persons To the rest of the world (net) Net interest paid Interest paid To persons and business To the rest of the world Less: Interest received by government Less: Dividends received by government Subsidies less current surplus of government enterprises Subsidies Less: Current surplus of government enterprises Less: Wage accruals less disbursements Current surplus or deficit (-), national income and product accounts. Social insurance funds Other Addenda: Net lending or net borrowing (-) Current surplus or deficit (-), national income and product accounts.... Plus: Consumption of fixed capital P/f/s: Capital transfers received (net) Less: Gross investment Less: Net purchases of nonproduced assets 2002 2000 2001 3,000.6 1,286.4 259.4 753.6 701.3 2,775.8 1,431.2 1,050.8 1,037.3 13.6 260.1 363.6 280.6 83.0 103.5 .4 34.1 44.1 10.1 .0 224.8 118.4 106.4 2,992.3 1,292.1 199.3 774.8 726.1 2,951.6 1,522.2 1,146.6 1,137.0 9.6 236.0 341.1 260.4 80.7 105.1 .4 47.3 55.3 8.0 .0 40.7 93.2 -52.5 3,051.4 1,336.1 213.1 775.9 726.4 2,939.3 1,515.5 1,133.7 1,126.0 7.7 240.9 345.4 263.0 82.4 104.5 .4 49.7 57.2 7.5 .0 112.1 99.5 12.7 2,878.2 1,181.9 196.2 772.7 727.4 2,976.1 1,528.0 1,157.8 1,148.9 8.9 231.6 336.8 257.8 79.0 105.2 .4 59.1 66.6 7.5 .0 -97.9 88.4 -186.3 2,986.1 1,309.7 170.6 779.9 725.8 2,994.9 1,551.8 1,186.3 1,171.0 15.3 219.9 326.1 250.2 75.9 106.2 .4 37.5 46.1 8.6 .0 -8.9 76.3 -85.1 2,865.7 1,136.8 202.4 786.2 740.4 3,067.3 1,584.0 1,240.2 1,217.4 22.8 206.6 312.7 238.7 74.0 106.2 .4 37.0 46.4 9.4 .0 -201.6 63.9 -265.5 2,882.0 1,127.2 213.7 795.1 746.0 3,117.4 1,611.6 1,258.3 1,247.7 10.6 212.8 319.5 244.9 74.7 106.7 .5 35.1 46.0 11.0 .0 -235.4 49.6 -284.9 142.2 224.8 210.9 35.9 319.8 9.6 -46.9 40.7 222.4 35.4 335.8 9.6 16.2 112.1 220.0 35.9 343.0 8.9 -171.9 -97.9 227.9 34.4 323.7 12.6 -105.6 -8.9 224.2 34.7 345.0 10.6 -305.6 -201.6 226.5 35.8 355.5 10.8 -336.0 -235.4 228.6 29.7 348.2 10.6 2001 October 2002 D-9 SURVEY OF CURRENT BUSINESS Table 3.3. State and Local Government Current Receipts and Expenditures Table 3.2. Federal Government Current Receipts and Expenditures [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates 2000 2001 Seasonally adjusted at annual rates 2002 2001 2000 Current receipts. Personal tax and nontax receipts Income taxes Nontaxes Corporate profits tax accruals. Federal Reserve banks Other Indirect business tax and nontax accruals Excise taxes Customs duties Nontaxes Contributions for social insurance Current expenditures Consumption expenditures Transfer payments (net) To persons To the rest of the world (net) Grants-in-aid to State and local governments Net interest paid Interest paid To persons and business. To the rest of the world.... Less: Interest received by government Subsidies less current surplus of government enterprises.. Subsidies Less: Current surplus of government enterprises... Less: Wage accruals less disbursements Current surplus or deficit (-), national income and product accounts.. Social insurance funds Other Addenda: Net lending or net borrowing Current surplus or deficit (-), national income and product accounts Plus: Consumption of fixed capital Plus: Capital transfers received (net) Less:Gross investment... Less: Net purchases of nonproduced assets 2,033.9 2,008.4 2,072.3 1,896.0 1,992.3 1,009.0 999.0 10.0 223.8 1,010.9 1,000.3 10.6 170.2 25.3 198.5 109.1 67.3 21.1 20.7 1,059.8 900.4 143.2 1,049.1 10.7 183.2 28.0 155.2 110.3 66.3 20.6 23.4 112.2 67.7 20.7 23.8 27.1 861.9 852.3 10.6 168.0 26.6 141.4 874.8 864.8 10.0 170.5 22.7 147.8 109.5 65.9 19.9 23.6 107.3 64.9 19.9 22.5 108.4 68.4 18.8 21.2 110.2 69.9 19.4 20.9 9.6 180.2 23.2 157.0 247.5 263.0 282.2 199.2 83.0 277.4 238.1 257.8 177.2 80.7 281.9 243.1 262.3 180.0 82.4 271.4 233.6 253.3 174.3 79.0 289.4 221.6 242.1 166.2 75.9 292.3 208.5 228.3 154.2 74.0 309.6 214.9 234.6 159.9 74.7 19.3 19.7 19.2 19.7 20.5 19.8 19.7 43.8 43.7 50.3 47.5 45.6 42.1 65.5 62.3 45.5 43.1 46.6 44.9 46.3 45.5 -.1 -2.8 -3.6 -3.1 -2.4 -1.7 -.7 .0 .0 .0 118.3 88.6 72.0 93.3 -21.3 144.4 -51.7 99.6 44.9 88.5 -140.2 21.3 76.4 -55.1 199.2 58.9 131.7 -69.3 3.3 206.9 72.0 144.4 -51.7 21.3 2001 2002 1,884.7 1,889.0 1,025.5 1,015.1 10.4 142.9 24.3 118.6 692.1 736.7 716.9 717.1 716.6 731.1 718.1 1,827.1 1,936.4 1,927.8 1,947.7 1,971.0 2,030.5 2,079.3 493.3 528.4 543.6 524.9 527.9 566.3 581.0 779.5 842.2 870.9 832.2 849.3 916.9 927.6 765.9 832.6 855.6 824.5 840.4 894.1 917.0 13.6 9.6 15.3 7.7 8.9 22.8 10.6 206.9 2001 -145.8 64.1 -209.9 -190.3 49.7 -240.0 -169.5 -217.9 -145.8 -190.3 95.9 98.7 98.6 99.0 99.7 100.6 101.3 -8.0 95.9 -12.9 99.7 -12.8 99.8 -14.7 99.5 -14.3 103.4 -18.3 105.7 -21.8 107.1 -.3 -.7 -1.3 2.3 -.1 Current receipts Personal tax and nontax receipts Income taxes Nontaxes Other Corporate profits tax accruals. Indirect business tax and nontax accruals Sales taxes Property taxes Other Contributions for social insurance Federal grants-in-aid Current expenditures Consumption expenditures Transfer payments to persons. Net interest paid Interest paid Less: Interest received by government Less: Dividends received by government Subsidies less current surplus of government enterprises.. Subsidies Less: Current surplus of government enterprises... Less: Wage accruals less disbursements Current surplus or deficit (-), national income and product accountsSocial insurance funds Other Addenda: Net lending or net borrowing Current surplus or deficit (-), national income and product accounts Plus: Consumption of fixed capital Plus: Capital transfers received (net) Less:Gross investment... Less: Net purchases of nonproduced assets.... 1,214.2 1,261.3 1,261.1 1,253.6 1,283.2 1,273.3 1,302.5 284.3 220.5 43.1 20.7 27.7 262.0 197.4 29.9 281.6 218.7 42.3 20.6 28.2 43.9 20.7 32.0 265.2 199.8 44.7 20.7 33.5 663.8 320.7 256.2 86.8 663.2 319.4 258.6 85.2 672.5 326.0 261.0 85.6 677.8 327.4 263.5 86.9 684.9 330.6 265.9 88.3 277.5 218.1 39.0 20.4 35.6 281.2 218.7 41.9 20.6 276.3 214.2 41.5 20.6 29.1 644.5 314.3 664.4 321.2 257.4 85.8 248.1 82.1 9.3 9.4 9.2 9.2 9.2 9.2 9.3 247.5 277.4 281.9 309.6 271.4 292.3 289.4 1,196.2 1,292.6 1,293.4 1,299.8 1,313.3 1,329.1 1,347.6 937.9 993.7 990.6 1,000.1 1,008.2 1,017.7 1,030.6 330.7 271.3 304.4 301.5 308.5 323.4 315.4 -2.0 -2.0 -2.8 -2.1 -2.2 -1.9 -1.8 81.4 83.3 83.0 83.5 84.0 84.5 84.9 84.2 85.4 85.3 85.5 85.7 86.4 87.0 .4 -9.7 .4 .4 -3.1 7.8 .4 4.1 15.1 .4 -6.4 4.3 .4 -8.1 2.9 .4 -9.6 1.4 .5 -11.2 .5 10.2 10.9 11.1 10.6 11.0 11.0 11.7 .0 .0 .0 .0 .0 .0 .0 18.0 .1 17.8 -31.3 -.1 -31.2 -32.3 -.1 -32.2 -46.2 -30.2 -.2 -30.0 -55.8 -.2 -55.6 -45.1 -.1 -46.1 -56.9 -105.8 -115.5 -102.7 -108.8 -136.1 -118.1 -.1 -45.0 18.0 -31.3 -32.3 -46.2 -30.2 -55.8 -45.1 115.0 123.7 121.5 128.9 124.5 125.9 127.3 43.9 223.9 48.3 236.2 48.7 243.2 49.2 224.2 49.0 241.7 54.1 249.7 51.5 241.1 9.9 10.3 10.2 10.3 10.5 10.6 10.7 National Data D-10 October 2 0 0 2 Table 3.7. Government Consumption Expenditures and Gross Investment by Type Table 3.8. Real Government Consumption Expenditures and Gross Investment by Type [Billions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 2000 2001 2001 Government consumption expenditures and gross investment' 1,751.0 1,858.0 1,858.5 1,851.7 1,939.5 1,959.8 627.4 589.2 628.1 624.8 688.2 Federal 646.9 672.0 400.3 442.1 National defense 374.9 399.9 395.2 412.8 431.7 Consumption 343.4 expenditures 321.4 372.1 344.5 340.0 356.0 382.5 26.1 Durable goods2 22.5 24.2 24.2 24.7 24.0 24.9 10.5 10.7 10.5 Nondurable goods 10.4 11.3 10.9 11.7 306.7 Services 288.5 309.8 305.2 320.7 336.5 345.9 Compensation of general government employees, except own-account investment3 143.7 143.9 152.7 155.0 138.3 143.8 143.9 Consumption of general government fixed capital4 63.6 63.5 63.5 64.0 63.6 63.6 63.8 Other services 86.7 102.5 99.3 127.0 97.8 113.2 120.0 Gross investment 53.5 55.5 55.2 56.9 59.7 59.6 56.8 5.4 5.1 5.4 Structures 5.0 5.7 5.3 5.5 Equipment and software 51.9 48.2 49.7 51.1 54.6 50.0 54.2 227.2 Nondefense 214.3 229.6 234.1 240.3 228.2 246.1 Consumption expenditures 171.9 184.0 184.9 184.5 194.2 198.6 187.5 1.2 Durable goods2 1.3 1.3 1.4 1.4 1.3 1.4 6.4 Nondurable goods 8.7 8.0 8.6 10.3 8.2 10.1 Commodity Credit Corporation inventory change2.7 .0 .8 -.2 .0 .3 Other nondurables.... 5.6 7.9 7.7 8.0 9.8 8.3 8.8 Services 164.4 187.1 174.0 173.3 175.3 177.9 184.3 Compensation of general government employees, except own-account investment3 95.2 101.7 102.7 93.6 95.7 95.1 95.6 Consumption of general government fixed capital4 26.4 28.7 28.5 29.0 29.5 30.0 30.5 Other services 44.4 49.7 50.6 53.9 50.1 52.8 52.6 Gross investment 42.4 44.2 44.6 42.6 46.6 46.1 47.5 10.8 Structures 10.4 9.6 9.8 12.1 11.6 13.3 31.6 Equipment and software 35.4 33.8 35.0 32.8 35.0 32.8 State and local 1,161.8 1,229.9 1,233.7 1,224.3 1,249.8 1,267.5 1,271.6 Consumption expenditures993.7 990.6 1,000.1 1,008.2 1,017.7 1,030.6 937.9 Durable goods2 18.2 18.4 19.3 18.3 18.8 19.1 17.1 Nondurable goods 120.2 118.7 121.8 119.1 114.0 113.9 115.3 Services 856.7 806.8 850.6 862.5 883.3 891.1 875.5 Compensation of general government employees, except own-account investment3 660.8 700.4 730.1 707.3 718.1 723.9 693.8 Consumption of general government fixed 95.4 capital4 89.5 94.9 98.6 99.6 95.9 97.3 Other services 56.5 60.9 61.9 59.4 60.1 60.8 61.3 223.9 Gross investment 236.2 224.2 241.7 243.2 249.7 241.1 167.4 164.8 183.1 Structures 177.6 184.6 192.5 184.4 56.5 59.4 58.6 58.6 58.6 57.2 56.6 Equipment and softwareAddenda: Compensation of general 970.7 902.6 952.1 945.6 959.6 991.9 1,001.2 government employees3. 233.4 241.2 241.2 256.2 259.6 240.5 240.5 Federal 5 669.2 718.4 735.7 729.5 741.6 711.6 705.1 State and local 1. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign countries by the Federal Government. 3. Compensation of government employees engaged in new own-account investment and related expenditures for goods and services are classified as investment in structures and in software. The compensation of all general government employees is shown in the addenda. 4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on these assets. 5. Beginning with 2001, in accordance with the Consolidated Appropriations Act of 2001, includes compensation of employees of Indian tribal governments reclassified from the private sector. 2000 2002 2001 2002 2001 Government consumption expenditures and gross 1,582.5 1,640.4 1,638.0 1,633.3 1,674.5 1,697.3 1,703.3 investment1 544.4 570.6 567.2 568.9 587.2 597.8 608.7 Federal 348.7 361.4 365.5 378.0 388.5 395.8 National defense 366.0 Consumption 294.1 326.7 expenditures 308.9 304.9 307.2 319.1 333.9 22.7 24.2 24.8 24.9 Durable goods2 24.3 24.3 26.3 11.3 11.7 9.4 9.8 9.8 11.5 Nondurable goods 9.9 271.1 262.4 271.7 284.0 290.7 297.6 Services 275.1 Compensation of general government employees, except own-account investment3 121.2 122.4 120.5 121.2 121.0 121.3 123.8 Consumption of general government fixed 62.4 62.4 62.4 62.4 62.4 capital4 62.5 62.5 Other services 91.7 100.6 106.2 79.6 87.8 88.5 111.6 Gross investment 62.2 57.3 56.8 58.7 59.0 62.2 54.8 4.2 Structures , 4.6 4.6 4.2 4.7 4.5 4.6 Equipment and software 52.4 50.4 53.0 54.9 58.5 54.6 58.2 204.4 205.6 203.2 Nondefense 195.6 209.3 209.1 212.9 Consumption expenditures 163.7 161.1 162.0 164.3 166.5 161.3 153.7 Durable goods2 1.5 1.5 1.6 1.7 1.7 1.5 1.4 8.9 7.8 9.6 Nondurable goods 6.8 12.1 7.3 7.8 Commodity Credit Corporation inventory change1.7 -.4 1.6 .0 5.2 .0 Other nondurables... 7.2 6.9 7.8 8.3 8.8 5.2 7.4 151.6 151.2 154.4 Services 146.3 154.6 155.8 152.5 Compensation of general government employees, except own-account investment3 79.4 79.4 79.0 78.9 79.2 79.0 79.2 Consumption of general government fixed capital4 26.1 28.0 28.8 29.3 29.8 27.8 28.3 41.2 45.4 47.6 47.0 47.9 Other services 45.2 45.8 45.4 Gross investment 42.3 43.6 42.1 45.9 47.0 44.0 Structures 9.5 8.9 8.4 9.9 11.3 10.2 8.3 35.4 Equipment and software 33.3 36.6 34.4 36.5 34.4 37.3 State and local 1,037.4 1,069.4 1,070.2 1,064.1 1,087.1 1,099.3 1,094.7 870.7 879.4 Consumption expenditures. 831.1 856.8 851.4 875.9 861.8 18.7 19.2 durable goods2 17.2 19.0 18.3 18.1 18.4 110.7 Nondurable goods 103.0 108.2 111.8 112.6 108.7 109.3 742.7 726.4 746.6 749.2 Services 712.0 731.1 735.5 Compensation of general government employees, except own-account 599.4 589.6 600.8 investment3 577.6 586.0 593.2 597.6 Consumption of general government fixed 90.2 91.4 92.2 84.6 88.7 88.1 89.2 capital4 55.3 56.5 49.9 53.2 52.5 53.4 56.8 Other services Gross investment 206.5 216.5 223.7 212.8 215.3 202.0 219.3 Structures 145:2 151.7 159.4 148.6 151.9 137.9 154.9 66.4 65.9 65.0 64.6 66.7 65.7 Equipment and software62.7 -6.2 -7.7 -6.5 -6.8 -8.3 -6.9 Residual -5.1 Addenda: Compensation of general government employees3. Federal State and local 5 786.2 201.4 584.9 800.5 201.6 598.9 797.0 201.6 595.5 804.2 201.7 602.5 808.7 201.7 607.0 812.4 203.4 609.1 814.8 204.5 610.3 NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula tor the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines, excluding the lines in the addenda. See footnotes to tabje 3.7. Chain-type quantity indexes for the series in this table are shown in table 7.11. Contributions to percent change in real government consumption expenditures and gross investment are shown in table 8.6. October 2002 D-11 SURVEY OF CURRENT BUSINESS Table 3.10. National Defense Consumption Expenditures and Gross Investment Table 3.11. Real National Defense Consumption Expenditures and Gross Investment [Bjflions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 2000 National defense consumption expenditures and gross investment' Consumption expenditures.... Durable goods2 Aircraft Missiles Ships Vehicles Electronics Other durable goods Nondurable goods Petroleum products Ammunition Other nondurable goods.. Services Compensation of general government employees, except own-account investment3 Military Civilian Consumption of general government fixed capital4 Other services Research and development Installation support Weapons support Personnel support Transportation of material Travel of persons Other ,. Gross investment Structures Equipment and software.... Aircraft Missiles Ships Vehicles Electronics and software. Other equipment.. Addendum: Compensation of general governmentemployees3. 2001 2002 2001 374.9 399.9 321.4 22.5 10.2 2.3 1.3 .8 2.9 5.0 10.4 344.5 24.2 395.2 340.0 24.2 1.7 4.6 288.5 11.2 2.5 1.2 1.0 3.0 5.3 10.5 4.0 2.1 4.4 309.8 10.8 2.6 1.3 1.0 2.9 5.5 10.7 4.1 2.1 4.5 305.2 138.3 89.3 48.9 143.7 94.1 49.6 86.7 400.3 343.4 2000 26.1 12.5 2.5 1.3 1.1 3.1 5.6 10.5 4.3 2.2 4.0 306.7 412.8 356.0 24.0 11.4 2.1 1.1 1.0 3.1 5.3 11.3 3.6 2.1 5.6 320.7 431.7 372.1 24.7 11.1 2.6 1.3 1.0 3.1 5.6 10.9 3.8 2.4 4.7 336.5 442.1 382.5 24.9 11.3 2.5 1.3 1.1 3.2 5.5 11.7 4.3 2.6 4.8 345.9 143.8 93.8 50.0 143.9 93.8 50.1 143.9 94.8 49.1 152.7 101.2 51.4 102.4 52.5 63.5 102.5 63.6 97.8 63.5 99.3 63.6 113.2 63.8 120.0 64.0 127.0 22.5 23.4 10.0 23.6 29.6 25.5 12.2 28.0 28.0 24.4 11.6 26.1 27.4 25.6 11.0 27.8 34.6 27.0 14.0 30.2 37.5 27.2 16.0 32.2 40.9 27.1 17.2 34.2 4.8 4.2 -1.9 53.5 5.3 48.2 7.7 2.5 6.6 4,9 4.2 -2.0 55.5 5.4 4.8 4.2 -1.4 55.2 5.5 49.7 8.0 3.5 7.4 1.9 13.0 15.9 5.0 4.3 -1.7 5.1 4.3 4.8 4.0 -1.7 4.9 4.0 4.1 1.8 14.9 14.7 138.8 50.0 8.3 3.3 7.2 1.8 13.7 15.7 144.3 144.3 56.9 5.0 51.9 9.8 3.0 6.9 1.7 13.7 16.8 144.4 -1.9 56.8 5.7 51.1 8.0 3.0 7.3 2.0 14.3 16.4 144.6 59.7 5.1 54.6 8.6 3.6 8.1 2.1 14.9 17.2 153.6 155.0 -1.3 59.6 5.4 54.2 9.0 3.1 8.5 2.8 14.7 16.2 155.9 1. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign countries. 3. Compensation of government empjoyees engaged in new own-account investment and related expenditures for goods and services are classified as investment in structures and in software. The compensation of all general government employees is shown in the addendum. 4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on these assets. National defense consumption expenditures and gross investment1 Consumption expenditures.... Durable goods \... Aircraft. Missiles Ships Vehicles Electronics Other durable goods Nondurable goods Petroleum products Ammunition Other nondurable goods.. Services Compensation of general government employees, except own-account investment3 Military Civilian Consumption of general government fixed capital4 Other services Research and development Installation support Weapons support Personnel support Transportation of material Travel of persons Other Gross investment Structures Equipment and software.... Aircraft Missiles Ships Vehicles Electronics and software. Other equipment Residual.. Addendum: Compensation of general government employees3. 2001 348.7 294.1 22.7 366.0 308.9 24.3 10.2 2.4 1.3 .6 3.3 5.0 9.4 3.1 1.8 4.4 262.4 2002 2001 361.4 11.2 2.5 1.2 .8 3.4 5.2 9.9 3.4 2.1 4.2 275.1 304.9 24.3 10.9 2.7 1.3 .7 3.3 5.5 9.8 3.3 2.2 4.3 271.1 365.5 307.2 26.3 12.6 2.5 1.3 .8 3.6 5.6 9.8 3.6 2.2 3.9 271.7 378.0 319.1 24.2 11.5 120.5 79.4 41.2 121.2 80.7 40.7 121.2 80.4 40.9 121.0 80.2 41.0 62.5 79.6 62.4 91.7 62.4 87.8 20.8 22.1 26.9 23.4 10.7 23.4 4.6 4.1 -1.7 57.3 4.6 53.0 9.6 3.5 7.1 1.9 9.0 20.5 4.6 4.1 -1.7 54.8 4.6 50.4 8.3 2.6 6.5 1.9 16.6 14.6 15.3 -1.0 15.5 -.7 120.9 121.7 2.1 1.1 .8 3.6 5.3 11.3 3.7 2.2 5.3 284.0 388.5 326.7 24.8 11.1 2.6 1.3 .8 3.6 5.6 11.5 4.6 2.5 4.4 395.8 333.9 24.9 11.2 2.6 1.3 .8 3.7 5.5 290.7 11.7 4.4 2.7 4.5 297.6 121.3 81.4 40.0 122.4 83.0 39.6 123.8 84.0 40.0 62.4 88.5 62.4 100.6 62.4 106.2 62.5 111.6 25.5 22.5 10.3 21.9 24.8 23.4 9.7 31.2 24.7 12.2 24.8 33.7 24.8 13.9 26.3 36.7 24.5 14.9 27.6 4.5 4.0 -1.2 4.6 4.1 -1.4 58.7 4.2 54.9 4.7 4.2 -1.5 54.6 11.3 3.2 6.8 1.8 15.4 16.5 9.6 3.2 7.3 2.1 16.1 16.1 4.5 3.8 -1.4 62.2 4.2 58.5 10.4 3.9 8.1 2.2 16.9 17.0 -1.3 4.5 3.8 -1.1 62.2 4.5 58.2 10.8 3.4 8.4 2.9 123.1 124.5 56.8 4.6 52.4 9.1 3.7 7.3 2.0 14.5 15.6 23.1 59.0 4.7 -1.7 121.6 121.4 121.8 16.7 15.9 NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines, excluding the line in the addendum. Chain-type indexes for the series in this table are shown in table 7.12. See footnotes to table 3.10. National Data D-12 October 2002 4. Foreign Transactions Table 4.1. Foreign Transactions in the National Income and Product Accounts Table 4.2. Real Exports and Imports of Goods and Services and Receipts and Payments of Income [Billions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates 2000 II Receipts from the rest of the world Exports of goods and services Goods' Durable Nondurable Services' Income receipts Payments to the rest of the world Imports of goods and services Goods' Durable Nondurable Services' Income payments Transfer payments (net) From persons (net) From government (net) From business Net foreign investment III Seasonally adjusted at annual rates 2002 2001 2001 IV I 2000 1,484.5 1,351.1 1,392.2 1,307.8 1,240.0 1,242.2 1,294.1 1,466.6 1,383.0 1,425.3 1,318.4 1,315.6 1,337.5 1,443.7 1,243.1 1,167.2 1,189.9 1,140.6 1,098.3 1,102.3 1,202.9 732.4 781.6 820.6 754.4 761.5 734.2 721.0 369.9 421.3 422.5 412.8 428.3 406.3 377.3 235.2 240.8 223.5 215.8 235.5 177.8 217.3 262.8 296.1 360.0 295.0 301.4 290.5 233.7 63.5 51.5 53.7 49.8 48.0 49.7 54.6 31.5 31.9 29.5 31.1 30.9 31.8 30.6 22.8 10.6 13.6 9.6 7.7 8.9 15.3 9.2 9.0 10.6 9.1 9.3 9.0 8.8 -395.8 -376.7 -382.5 -350.8 -363.9 -421.7 -497.2 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2001 III II 1,484.5 1,351.1 1,392.2 1,307.8 1,240.0 1,242.2 1,294.1 1,101.1 1,034.1 1,059.7 1,005.8 971.1 977.5 1,018.1 785.0 733.5 750.6 708.5 687.7 679.8 709.4 569.7 522.4 536.4 502.8 481.8 477.2 499.3 215.4 211.2 214.2 205.7 205.8 202.6 210.0 316.1 300.6 309.1 297.3 283.4 297.7 308.8 383.4 316.9 332.5 302.0 269.0 264.7 276.0 2001 Exports of goods and services Goods' Durable Nondurable Services' Income receipts Imports of goods and services Goods' Durable Nondurable Services' Income payments 2002 IV 1,137.2 1,076.1 1,098.8 1,048.0 1,021.8 1,030.6 1,065.5 785.2 800.1 765.8 738.1 834.7 760.0 744.6 572.0 558.3 536.3 512.3 607.8 538.1 517.3 227.8 226.7 229.3 225.7 226.7 221.6 227.1 299.7 292.0 299.7 292.2 304.1 288.7 278.2 292.0 306.0 251.8 242.8 359.0 278.1 247.4 1,536.0 1,492.0 1,513.6 1,467.0 1,447.2 1,477.1 1,552.9 1,313.7 1,270.5 1,281.1 1,249.2 1,238.7 1,250.0 1,329.2 865.6 912.5 856.0 924.1 845.9 838.2 408.0 402.3 414.3 391.5 391.6 399.9 397.1 222.4 233.5 224.3 225.5 223.6 218.6 208.9 269.2 268.2 239.2 333.6 264.9 213.1 274.8 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. Chain-type quantity indexes for the series in this table are shown in table 7.9. October 2002 D-13 SURVEY OF CURRENT BUSINESS Table 4.3. Exports and Imports of Goods and Services by Type of Product [Billions of dollars] Table 4.4. Real Exports and Imports of Goods and Services by Type of Product [Billions of chained (1996) dollars] Seasonally adjusted at annual rates 2000 2001 2001 Seasonally adjusted at annual rates 2002 2000 Exports of goods and services Exports of goods' Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts Computers, peripherals, and parts Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Exports of services' Transfers under U.S. military agency sales contracts.... Travel Passenger fares Other transportation Royalties and license fees... Other private services Other Imports of goods and services Imports of goods' Foods, feeds, and beverages Industrial supplies and materials, except petroleum and products.. Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts Computers, peripherals, and parts Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Imports of services ' Direct defense expenditures Travel Passenger fares Other transportation Royalties and license fees... Other private services Other Addenda: Exports of agricultural goods2 Exports of nonagricultural goods Imports of nonpetroleum goods 1,101.1 1,034.1 1,059.7 1,005.8 785.0 733.5 750.6 708.5 977.5 1,018.1 709.4 679.8 48.6 49.7 47.9 49.4 49.3 48.8 971.1 687.7 49.7 166.6 63.6 103.0 155.3 57.1 98.2 158.5 58.0 100.5 150.8 55.2 95.6 147.2 53.6 93.6 144.9 53.5 91.3 155.6 57.2 98.4 357.0 321.7 330.9 304.6 288.7 284.4 294.1 48.1 52.6 54.3 52.6 48.1 49.4 50.2 55.5 253.4 47.6 221.6 48.3 228.4 44.4 207.6 41.8 198.9 39.0 196.0 38.6 205.4 80.4 75.4 77.1 77.1 74.3 73.8 80.4 89.4 46.8 42.6 43.8 316.1 88.3 46.5 41.9 43.3 300.6 91.1 48.5 42.6 43.8 309.1 85.5 45.0 40.6 41.6 297.3 84.5 43.6 40.9 43.3 283.4 82.2 43.1 39.2 44.8 297.7 84.2 44.3 39.9 46.4 308.8 12.8 82.3 20.8 30.1 39.6 104.7 25.9 11.2 73.1 18.0 28.3 38.7 108.1 23.2 11.8 79.2 19.4 28.7 39.0 107.7 23.3 11.3 71.4 18.1 27.9 38.1 107.5 22.9 11.6 58.9 14.5 26.7 38.7 110.2 22.7 11.1 68.7 16.7 26.9 40.4 110.5 23.5 11.6 69.3 16.8 27.7 42.6 115.9 24.7 1,466.6 1,383.0 1,425.3 1,318.4 1,315.6 1,337.5 1,443.7 1,243.1 1,167.2 1,189.9 1,140.6 1,098,3 1,102.3 1,202.9 47.7 47.1 47.5 46.0 46.6 45.9 49.4 172.8 88.4 84.4 156.7 78.3 78.4 102.5 149.0 75.9 73.1 81.0 149.5 77.5 71.9 76.7 159.0 79.5 79.5 120.2 103.6 167.9 80.1 87.8 114.2 347.0 298.0 301.5 279.7 272.3 277.4 288.4 26.4 31.4 31.1 30.8 32.5 29.0 24.9 89.8 230.9 74.0 192.6 75.2 195.2 68.7 180.3 68.5 171.3 75.6 172.7 76.6 186.9 195.9 189.8 191.5 191.8 187.5 190.4 207.5 282.0 149.6 284.5 146.7 137.8 79.9 215.8 15.2 287.3 147.6 281.9 278.6 144.3 143.9 139.7 137.6 80.3 177.8 15.1 134.8 82.8 217.3 17.4 285.4 149.4 136.0 307.2 164.5 142.7 83.2 240.8 18.4 57.9 23.8 36.7 51.8 17.8 36.0 16.4 132.4 79.2 223.5 13.6 64.8 24.3 41.6 16.1 55.3 7.9 164.8 80.0 84.8 60.1 22.4 38.8 16.4 54.6 8.3 81.7 235.5 14.0 66.8 24.9 40.5 16.2 64.8 8.3 16.5 19.5 8.4 69.5 8.4 75.4 235.2 17.4 58.8 20.5 36.1 18.9 74.9 8.6 108.1 59.2 20.6 39.6 18.0 76.4 8.6 52.8 54.9 54.5 54.6 55.8 55.1 54.1 732.2 678.6 696.1 653.9 631.8 624.7 655.3 1,122.9 1,063.6 1,075.7 1,038.0 1,017.3 1,025.6 1,094.7 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. Exports of goods and services Exports of goods' Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts Computers, peripherals, and parts * Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Exports of services' Transfers under U.S. military agency sales contracts.... Travel Passenger fares Other transportation Royalties and license fees... Other private services Other Residual Imports of goods and services Imports of goods ' Foods, feeds, and beverages Industrial supplies and materials, except petroleum and products.. Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts Computers, peripherals, and parts * Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Imports of services ' Direct defense expenditures Travel Passenger fares Other transportation Royalties and license fees... Other private services Other Residual Addenda: Exports of agricultural goods2 Exports of nonagricultural goods Imports of nonpetroleum goods 2001 2001 1,137.2 1,076.1 785.2 834.7 62.3 60.5 800.1 62.7 162.2 61.7 162.9 62.6 100.4 100.3 355.8 364.8 168.7 67.5 101.3 394.7 43.2 2002 1,048.0 1,021.8 1,030.6 1,065.5 765.8 744.6 738.1 760.0 63.1 63.4 60.6 61.3 158.9 59.7 99.1 159.8 58.6 101.0 158.5 58.5 99.8 165.8 62.0 103.6 337.7 320.9 316.0 327.7 44.5 40.4 41.2 41.7 44.8 75.4 238.6 46.3 75.8 245.1 71.1 224.3 67.7 215.4 63.9 212.2 63.8 222.9 78.5 73.4 75.0 75.0 ' 72.3 71.7 78.1 88.7 46.4 42.2 44.8 304.1 87.9 46.0 41.9 44.5 292.0 90.9 48.2 42.7 44.8 299.7 85.2 44.6 40.6 42.8 288.7 83.9 43.1 40.8 44.9 278.2 82.3 42.7 39.6 46.6 292.2 84.5 44.2 40.3 47.9 299.7 12.9 74.0 19.8 28.0 37.0 111.5 21.5 11.5 65.5 17.0 26.6 35.6 119.1 19.3 12.1 70.1 18.6 27.0 35.8 118.8 19.3 11.6 64.0 17.0 26.1 35.1 118.7 18.9 12.1 53.9 13.7 25.6 35.5 122.3 19.0 11.6 62.9 15.8 26.2 37.0 121.8 19.8 12.1 62.7 15.8 26.2 38.8 126.4 20.9 -8.7 -7.5 -6.4 -5.7 -7.6 -4.1 -3.2 85.3 271.5 1,536.0 1,492.0 1,513.6 1,467.0 1,447.2 1,477.1 1,552.9 1,313.7 1,270.5 1,281.1 1,249.2 1,238.7 1,250.0 1,329.2 52.6 53.2 54.6 50.8 53.6 49.4 51.7 167.1 86.3 80.7 86.2 160.9 81.0 79.7 89.2 159.0 79.3 79.5 92.9 159.1 79.6 79.3 85.9 158.5 80.7 77.7 86.7 160.8 82.7 78.0 82.3 165.1 83.3 81.6 452.2 400.0 402.9 377.9 371.5 382.1 398.2 23.9 27.3 27.2 26.7 28.1 25.0 21.4 152.6 279.8 138.4 236.6 138.2 239.6 131.3 221.9 135.8 211.3 150.9 215.9 153.0 234.5 192.5 186.7 188.5 189.1 184.2 187.3 203.8 293.9 160.8 298.9 296.4 294.2 157.8 133.5 78.8 223.6 15.5 67.0 20.9 35.4 139.4 79.8 222.4 17.5 63.5 301.5 160.3 141.3 81.2 233.5 16.4 70.9 17.7 33.6 15.0 19.9 34.5 14.8 69.8 8.0 326.4 181.7 145.4 84.0 224.3 21.0 60.9 15.7 35.9 16.4 68.4 8.2 -2.5 -5.5 15.1 62.6 7.6 -12.6 159.6 71.5 7.9 15.1 71.0 8.1 15.1 66.7 8.2 302.4 164.6 138.1 76.4 225.5 21.0 63.1 16.0 33.1 17.3 69.0 8.4 -1.1 .1 .8 -5.2 157.2 139.2 80.8 218.6 17.3 61.0 18.1 31.7 136.6 83.6 208.9 20.2 54.7 13.9 32.5 68.3 70.5 70.5 68.9 72.7 72.3 70.3 765.4 714.9 729.7 691.4 673.1 667.1 696.0 1,225.5 1,177.1 1,182.9 1,159.7 1,148.1 1,164.1 1,236.5 * Because of rapid changes in relative prices, the chained-dollar estimates for computers are especially misleading as a measure of the contribution or relative importance of this component. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. For exports and for imports, the residual line is the difference between the aggregate line and the sum of the most detailed lines. Chain-type quantity indexes for the series in this table are shown in table 7.10. Contributions to the percent change in real exports and in real imports of goods and services are shown in table 8.5. See footnotes to table 4.3. National Data D-14 October 2002 5. Saving and Investment. Table 5.1. Gross Saving and Investment [Billions of dollars] Seasonally adjusted at annual rates 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 consumption of fixed capital '. Noncorporate consumption of fixed capital Wage accruals less disbursements Gross government saving Federal Consumption of fixed capital Current surplus or deficit (-), national income and product accounts State and local Consumption of fixed capital Current surplus or deficit (-), national income and product accounts Gross investment Gross private domestic investment Gross government investment Net foreign investment Statistical discrepancy Addendum: Gross saving as a percentage of gross national product : 2000 2001 1,807.9 1,372.1 1,662.4 1,399.3 169.7 201.5 152.6 146.8 122.7 61.2 5.0 56.5 -15.0 20.8 721.1 789.1 296.8 .0 435.8 302.8 317.7 .0 263.1 170.7 95.9 98.7 72.0 2001 1,670.6 1,338.4 141.6 101.9 100.7 -6.2 7.3 772.3 322.6 .0 332.2 243.0 92.4 123.7 -31.3 98.6 144.4 89.2 121.5 -32.3 319.8 -395.8 -128.5 1,545.1 1,586.0 335.8 -376.7 -117.3 1,557.7 1,597.2 343.0 -382.5 -112.9 18.4 16.5 16.6 206.9 133.0 115.0 18.0 1,679.4 1,755.4 1,665.6 1,535.6 302.2 79.5 46.7 8.9 23.9 835.6 318.2 .0 130.0 47.3 99.0 -51.7 82.7 128.9 -46.2 1,547.8 1,574.9 323.7 2002 1,614.4 1,399.0 61.5 223.0 10.8 27.2 185.1 792.6 321.9 .0 215.3 121.1 99.7 21.3 94.3 124.5 -30.2 1,481.8 1,500.7 345.0 1,603.2 1,578.3 270.4 171.0 12.8 1.9 156.3 808.3 328.6 .0 24.9 -45.2 100.6 1,603.6 1,610.4 308.7 140.5 13.5 -5.7 132.8 826.1 335.1 .0 -6.8 -89.0 101.3 1,493.2 1,559.4 355.5 -190.3 82.2 127.3 -45.1 1,439.0 1,588.0 348.2 -145.8 70.1 125.9 -55.8 -350.8 -363.9 -117.8 -132.6 -421.7 -110.0 -164.6 16.5 15.8 15.5 15.5 -497.2 Table 5.4. Private Fixed Investment by Type Table 5.5. Real Private Fixed Investment by Type [Billions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates 2000 2001 2001 III II Private fixed investment. Nonresidential Structures Nonresidential buildings, including farm Utilities Mining exploration, shafts, and wells Other structures Equipment and software.... Information processing equipment and software Computers and peripheral equipment' Software2 Other Industrial equipment Transportation equipment Other Residential Structures Single family Multifamily Other structures Equipment Seasonally adjusted at annual rates 2002 IV I 2000 1,691.8 1,646.3 1,654.3 1,635.5 1,597.2 1,589.4 1,584.6 1,265.8 1,201.6 1,210.0 1,188.1 1,149.8 1,126.8 1,115.8 275.2 302.3 332.0 329.9 324.5 314.2 288.3 223.9 53.7 216.3 55.0 221.3 56.2 211.5 54.6 200.4 54.4 192.4 56.3 182.3 53.9 29.2 7.4 45.5 6.9 951.6 42.7 10.5 877.1 880.2 45.1 20.7 856.1 40.4 7.2 847.4 32.3 7.3 838.5 31.7 7.3 840.7 446.9 404.3 407.9 390.7 385.5 388.7 397.1 93.3 179.4 174.2 164.9 189.7 150.1 426.0 416.8 220.7 28.3 167.9 9.3 74.2 180.4 149.8 159.0 165.8 148.0 444.8 435.4 232.1 30.7 172.7 9.3 75.8 180.7 151.5 161.8 162.7 147.7 444.2 435.0 231.6 30.4 173.0 67.6 178.7 144.5 154.3 162.7 148.4 447.4 438.1 234.4 30.5 173.2 9.3 69.3 178.9 137.3 149.8 168.3 143.8 447.4 438.0 234.3 31.8 171.9 9.4 71.9 177.2 139.6 153.4 154.1 142.3 462.6 453.0 241.1 34.2 177.7 72.8 181.0 143.3 150.5 145.2 148.0 468.7 459.2 244.3 34.2 180.7 9.6 9.2 II 9.5 Private fixed investment Nonresidential Structures Nonresidential buildings, including farm Utilities Mining exploration, shafts, and wells Other structures Equipment and software.... Information processing equipment and software Computers and peripheral equipment' Software2 Other Industrial equipment Transportation equipment Other Residential Structures Single family Multifamily Other structures Equipment Residual 1. Includes new computers and peripheral equipment only. 2. Excludes software "embedded," or bundled, in computers and other equipment. 2002 2001 2001 II IV I II 1,691.9 1,627.4 1,633.5 1,615.7 1,578.4 1,576.4 1,572.6 1,324.2 1,255.1 1,261.0 1,241.7 1,206.4 1,188.4 1,181.1 243.2 252.7 274.4 270.9 275.5 231.7 276.3 192.3 50.4 178.7 50.3 183.2 51.5 174.2 49.7 163.5 49.3 157.1 50.8 148.2 48.4 27.0 6.8 1,056.0 34.0 9.3 988.2 34.6 6.1 35.9 18.3 966.4 34.8 6.3 960.3 30.2 6.3 953.7 30.3 6.3 961.4 583.3 548.5 549.8 533.4 531.8 540.4 557.0 246.4 184.4 187.4 160.8 186.6 144.5 372.4 363.0 191.0 23.0 149.1 9.4 -67.2 239.9 182.0 163.9 153.8 163.6 140.7 373.5 364.0 192.6 24.4 146.9 9.5 -62.2 239.0 181.7 165.7 156.4 161.6 140.6 374.0 364.6 193.1 24.3 147.2 9.4 -60.9 224.5 180.5 158.6 149.2 160.0 141.0 374.3 365.0 194.1 24.3 146.5 9.4 -50.5 243.3 180.6 151.2 144.7 165.4 136.2 371.0 361.5 191.3 25.1 145.1 9.6 -68.0 262.1 179.0 154.1 148.3 151.5 134.6 383.6 373.9 197.2 27.0 149.6 9.7 -81.1 271.6 184.3 158.5 145.6 143.4 140.1 386.1 376.4 198.4 26.8 151.0 9.7 -90.0 1. Includes new computers and peripheral equipment only. Because of rapid changes in relative prices, the chained-dollar estimates for computers are especially misleading as a measure of the contribution or relative importance of this component; accurate estimates of these contributions are shown in table 8.4. 2. Excludes software "embedded," or bundled, in computers and other equipment. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. Chain-type quantity indexes for the series in this table are shown in table 7.6. Contributions to the percent change in real private fixed investment are shown in table 8.4. October 2002 D-15 SURVEY OF CURRENT BUSINESS Table 5.1 OB. Change in Private Inventories by Industry Table 5.11 B. Real Change in Private Inventories by Industry [Billions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 2000 2001 2001 2002 2000 2001 II Change in private inventories Farm Construction, mining, and utilities Manufacturing..... Durable goods industries.... Nondurable goods industries Wholesale trade Durable goods industries.... Nondurable goods industries Retail trade Motor vehicle dealers Food and beverage stores... General merchandise stores Other retail stores Other industries Addenda: Change in private inventories Durable goods industries. Nondurable goods industries Nonfarm industries Nonfarm change in book value' Nonfarm inventory valuation adjustment2.. Wholesale trade Merchant wholesale trade Durable goods industries Nondurable goods industries Nonmerchant wholesale trade 63.6 -2.2 -60.3 1.6 -57.1 -3.0 -60.6 1.8 -96.5 3.0 -29.9 5.3 -3.4 16.6 15.3 1.3 19.3 12.1 7.6 -35.9 12.3 -41.8 -30.8 -11.0 -8.5 -23.6 15.1 -17.5 -5.5 .2 6.1 -43.3 4.7 -39.6 -34.3 -5.3 -25.4 -26.6 1.3 -41.5 -34.7 1.6 -31.1 -25.4 -5.8 -29.3 -6.5 -15.6 -39.6 -3.7 -24.0 21.9 11.7 -.2 1.1 9.3 11.4 -19.7 4.0 -20.7 -15.5 .6 -.5 -5.3 2.7 -10.3 1.4 -1.1 -.4 -2.2 .4 2.2 63.6 44.1 -60.3 -65.0 -57.1 -62.8 19.4 65.8 4.7 -61.9 88.2 -22.5 19.3 16.2 7.1 9.8 -24.9 .9 -3.4 -19.5 -16.2 -3.3 3.4 .4 -1.1 -14.2 -14.9 .6 -9.0 -7.4 -1.6 22.2 1.3 -3.3 -4.7 2.3 13.8 13.9 -2.2 -4.5 6.7 .0 -60.6 -65.2 -96.5 -95.0 -29.9 -20.3 3.4 -4.8 5.6 -54.1 4.7 -62.3 -1.5 -99.5 -9.7 -35.3 8.2 3.0 -75.5 -57.8 -83.9 -133.4 -37.1 13.4 13.6 -15.6 -12.6 3.7 -8.5 -5.8 21.5 -24.0 -17.1 33.9 -25.4 -21.9 1.8 -19.5 -16.2 -10.4 -9.0 -8.4 -16.8 -1.9 -21.1 -18.8 -23.2 -14.2 6.4 4.2 15.3 1.7 1.3 -2.1 3.0 -3.1 -2.7 -6.9 -3.5 -3.3 15.4 .1 .0 6.8 5.1 -7.1 -1.3 1. This series is derived from the Census Bureau series "current cost inventories." 2. 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 (such as first-in, first-out and last-in, first-out) underlying inventories derived primarily from Census Bureau statistics (see footnote 1). This mix differs from that underlying business income derived primarily from Internal Revenue Service statistics. NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS). Change in private inventories Farm Construction, mining, and utilities Manufacturing Durable goods industries.... Nondurable goods industries Wholesale trade Durable goods industries.... Nondurable goods industries Retail trade Motor vehicle dealers Food and beverage stores... ' General merchandise stores Other retail stores Other industries Residual Addenda: Change in private inventories Durable goods industries Nondurable goods industries Nonfarm industries Wholesale trade Merchant wholesale trade Durable goods industries Nondurable goods industries Nonmerchant wholesale trade 2002 2001 IV III I II 65.0 -2.5 -61.4 2.0 -58.3 -3.3 -61.8 2.0 -98.4 3.6 -28.9 6.4 4.9 .8 -2.6 175 16.3 1.4 199 12.8 7.1 21.6 11.7 -.2 1.1 9.2 11.2 6.4 -36 2 -30.1 -6.3 -16 5 -21.8 4.3 -20.3 -15.5 .5 -.4 -5.2 2.6 10.3 -41.7 -31.4 -10.6 -9.5 -26.4 14.8 -17.2 -5.4 .2 -1.9 -10.2 1.4 5.7 -441 -41.0 -3.7 -251 -27.5 1.2 -3.3 -1.2 -.4 -2.1 .3 2.2 4.3 -40.2 -35.2 -5.1 -26.8 -29.9 1.9 -40.6 -34.8 1.1 -3.2 -4.7 2.3 1.6 -31.9 -25.9 -6.0 -19.8 -17.0 -3.2 13.8 14.0 -2.0 -4.4 6.7 .0 -1.0 -14.1 -15.0 .8 -8.7 -7.7 -1.3 22.0 15.6 .1 .0 6.7 5.0 -.5 2.1 4.2 2.7 1.3 .9 .9 65.0 46.0 -61.4 -67.9 -58.3 -65.7 -61.8 -68.5 -98.4 -99.3 -28.9 -20.3 4.9 -4.4 19.5 67 2 16.8 4.8 -63.2 -16.5 -13.3 5.1 -54.9 -9.5 -6.7 4.9 -63 6 -25.1 -17.9 -.8 -101.5 -26.8 -23.3 -8.8 -35.1 -19.8 -16.4 9.0 4.2 -8.7 -8.2 10.3 -18.7 -23.7 -20.7 -26.1 -14.8 -7.5 65 4.5 15.2 2.0 1.9 -2.0 -.9 3.1 -3.2 -2.8 -7.1 -3.6 -3.4 -.6 199 NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (1996) dollar series for real change in private inventories are calculated as the period-to-period change in chained-dollar end-of-period inventories. Quarterly changes in end-of-period inventories are stated at annual rates. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D-16 Table 5.12B. Private Inventories and Domestic Final Sales by Industry [Billions of dollars] Table 5.13B. Real Private Inventories and Real Domestic Final Sales by Industry [Billions of chained (1996) dollars] Seasonally adjusted quarterly totals 2001 October 2 0 0 2 Seasonally adjusted quarterly totals 2002 2001 2002 II Private inventories' Farm Construction, mining, and utilities Manufacturing Durable goods industries Nondurable goods industries Wholesale trade Durable goods industries Nondurable goods industries Retail trade Motor vehicle dealers Food and beverage stores General merchandise stores Other retail stores Other industries 1,507.7 1,475.5 101.2 39.8 470.5 293.0 1,430.1 170.0 337.3 198.5 143.7 402.8 177.4 349.3 206.4 142.9 401.8 128.1 33.2 65.4 127.9 33.3 64.9 176.1 175.7 112.9 107.4 42.7 484.2 301.9 182.3 357.3 213.6 113.3 100.8 39.3 451.9 282.0 138.8 388.9 118.3 33.5 63.9 173.3 111.9 1,429.4 104.7 39.5 447.0 275.8 171.2 334.5 194.5 140.0 392.4 121.1 33.1 62.6 175.6 111.4 1,438.1 104.0 41.9 445.7 273.2 172.5 335.1 193.6 141.6 398.0 124.5 32.9 62.7 177.9 113.4 Addenda: Private inventories Durable goods industries Nondurable goods industries Nonfarm industries Wholesale trade Merchant wholesale trade Durable goods industries Nondurable goods industries Nonmerchant wholesale trade Final sales of domestic business 2 .... Final sales of goods and structures of domestic business2 Ratios of private inventories to final sales of domestic business: Private inventories to final sales Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures 1,507.7 722.0 785.7 1,400.3 357.3 305.1 183.5 121.6 52.2 709.7 1,475.5 705.6 769.9 1,374.3 349.3 299.5 178.0 121.5 49.8 712.1 1,430.1 676.9 753.2 1,329.4 337.3 290.3 171.1 119.3 47.0 718.5 1,429.4 671.5 757.9 1,324.7 334.5 287.4 167.6 119.9 47.0 723.8 1,438.1 672.3 765.8 1,334.1 335.1 287.5 166.6 120.9 47.6 724.7 384.1 381.6 386.4 387.2 382.7 2.12 1.97 2.07 1.93 1.99 1.85 1.97 1.83 1.98 1.84 3.65 3.60 3.44 3.42 3.49 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 the private inventories component of GDP. The former is the difference between two inventory stocks, each valued at its 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, the change in private inventories is stated at annual rates. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of households and institutions and of general government, and it includes a small amount of final sales by farm and by government enterprises. NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS). Private inventories' Farm Construction, mining, and utilities Manufacturing Durable goods industries Nondurable goods industries Wholesale trade Durable goods industries Nondurable goods industries Retail trade Motor vehicle dealers Food and beverage stores General merchandise stores Other retail stores Other industries Residual 1,498.8 104.6 37.5 480.7 305.8 175.0 370.6 231.7 138.4 392.3 127.9 30.3 63.5 170.5 1,483.3 105.1 38.9 469.7 295.5 174.1 364.3 224.8 138.7 391.5 127.6 30.3 62.9 170.6 1,458.7 106.0 40.0 459.6 286.7 1,451.5 107.6 40.4 451.7 280.3 1,452.7 107.8 40.2 448.1 276.5 172.8 357.6 217.3 171.3 352.6 171.5 350.4 213.1 138.4 384.7 122.4 30.0 211.2 139.2 381.3 118.9 30.5 62.1 169.4 112.4 138.1 390.2 126.3 30.1 61.1 171.1 172.8 112.4 113.7 61.1 111.3 111.8 2.3 3.0 3.4 3.4 3.4 1,498.8 743.5 753.5 1,393.1 370.6 318.8 199.4 118:9 51.8 655.3 1,483.3 726.4 754.7 1,377.2 364.3 314.3 194.2 119.5 50.0 654.1 1,458.7 701.6 754.5 1,351.8 357.6 308.5 187.7 119.9 49.2 661.4 1,451.5 696.5 752.3 1,343.1 352.6 304.4 184.0 119.4 48.3 665.3 1,452.7 695.4 754.6 1,344.1 350.4 302.3 182.1 119.2 48.2 664.6 369.1 366.8 373.3 369.2 2.29 2.13 2.27 2.11 2.21 2.04 2.18 2.02 2.19 2.02 3.77 3.75 3.64 3.60 3.64 Addenda: Private inventories Durable goods industries Nondurable goods industries Nonfarm industries Wholesale trade Merchant wholesale trade Durable goods industries Nondurable goods industries Nonmerchant wholesale trade Final sales of domestic business2 Final sales of goods and structures of domestic business2 Ratios of private inventories to final sales of domestic business: Private inventories to final sales Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures 371.6 1. Inventories are as of the end of the quarter. The quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the change in private inventories component of GDP is stated at annual rates. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of households and institutions and of general government, and it includes a small amount of final sales by farm and by government enterprises. [his table NOTE. Estimates in this tal are based on the North American Industry Classification System (NAICS). Chained (1996) dollar inventory series are calculated to ensure that the chained (1996) dollar change in inventories for 1996 equals the current-dollar change in inventories for 1996 and that the average of the 1995 and 1996 end-ofyear chain-weighted and fixed-weighted inventories are equal. Chained (1996) dollar final sales are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines for inventories. October 2002 D-17 SURVEY OF CURRENT BUSINESS 6. Income and Employment by Industry. Table 6.1C. National Income Without Capital Consumption Adjustment by Industry Group Table 6.16C. Corporate Profits by Industry Group [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 2000 National income without capital consumption adjustment Domestic industries Private industries Agriculture, forestry, and fishing Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Transportation Communications Electric, gas, and sanitary services Wholesale trade Retail trade Finance, insurance, and real estate Services Government Rest of the world 2001 7,958.7 8,053.5 8,106.6 8,055.7 7,972.8 8,073.8 8,157.7 7,935.3 8,031.5 8,075.5 8,044.2 7,937.6 8,071.9 8,177.7 6,928.0 6,969.4 7,019.6 6,974.4 6,857.4 6,970.6 7,066.7 109.7 62.9 422.9 69.5 438.9 1,250.7 729.2 521.4 530.5 243.7 149.4 137.4 481.1 659.1 111.1 113.8 68.4 444.1 1,133.3 110:6 1,132.2 640.5 491.8 110.7 73.7 441.5 1,157.7 656.4 501.4 529.9 236.6 148.4 542.6 241.3 152.6 535.8 238.5 150.5 496.1 226.0 137.1 144.9 458.4 686.1 148.7 457.9 683.0 116.8 101.8 58.2 60.8 57.5 435.0 439.3 443.1 1,075.3 1,092.9 1,123.0 634.9 597.0 610.3 628.9 494.1 478.3 482.6 498.3 146.8 459.8 691.8 2001 2002 2001 2002 2001 132.9 452.7 686.1 1,521.5 508.5 231.0 139.8 137.6 457.4 695.2 516.6 232.7 138.2 145.6 463.9 707.5 1,571.1 1,567.8 1,542.1 1,578.9 1,613.2 1,640.7 1,889.8 1,972.0 1,984.8 1,985.4 1,961.8 1,989.1 2,012.7 1,007.3 1,062.1 1,055.9 1,069.9 1,080.2 1,101.4 1,111.1 35.2 1.9 23.4 21.9 11.5 -20.0 31.1 NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC). 2000 Corporate profits with inventory valuation and capital consumption adjustments Domestic industries Financial Nonfinancial Rest of the world Receipts from the rest of the world Less: Payments to the rest of the world Corporate profits with inventory valuation adjustment Domestic industries Financial Federal Reserve banks Other Nonfinancial Manufacturing Durable goods Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electric equipment Motor vehicles and equipment Other.. Nondurable goods Food and kindred products Chemicals and allied products Petroleum and coal products Other Transportation and public utilities Transportation Communications Electric, gas, and sanitary services Wholesale trade Retail trade ' Other Rest of the world 687.2 545.3 142.3 403.0 141.8 811.4 646.7 197.8 449.0 164.7 797.6 665.6 785.0 669.9 173.5 407.4 150.8 721.4 560.9 167.8 393.1 160.4 213.2 452.4 132.0 210.7 459.3 115.1 203.8 172.4 178.4 167.2 156.1 161.4 173.4 60.5 21.6 18.0 25.3 -8.5 29.4 58.3 767.3 624.0 201.0 30.0 675.1 524.4 190.6 714.0 553.6 663.2 521.4 162.7 27.3 626.3 461.6 200.1 25.0 641.3 509.3 652.2 537.1 218.2 23.4 218.5 23.9 135.4 358.7 175.2 261.5 50.9 194.8 291.1 788.1 644.8 183.0 461.8 143.3 731.6 580.9 159.8 27.9 162.8 333.7 83.4 61.5 9.9 1.0 -1.6 171.0 423.0 15.4 9.0 14.2 191.6 28.8 162.8 362.0 99.2 17.0 91.1 11.6 -14.9 68.9 2.5 194.6 318.6 91.9 17.8 -.6 -.1 -2.2 .5 .3 10.5 8.5 6.8 5.2 5.8 .9 -5.2 -7.5 -4.9 -2.9 -3.2 -1.3 -4.6 -8.4 -6.2 -.9 -2.2 27.6 98.3 -9.4 15.7 73.5 -10.1 17.6 82.2 -6.4 19.4 79.5 -13.3 9.7 -11.8 19.7 66.4 -4.4 20.0 74.1 25.8 16.6 18.0 17.8 18.9 19.2 15.1 16.7 14.1 18.3 15.4 22.8 5.5 65.8 18.3 17.2 15.2 16.1 18.0 26.1 29.1 25.7 16.0 28.9 19.3 25.0 18.8 36.6 12.8 -5.5 27.7 1.2 -5.8 34.3 3.5 -5.2 33.3 1.8 6.5 -5.1 -3.9 -11.2 15.0 -.5 -9.3 -1.7 -12.7 29.4 62.1 73.4 91.0 143.3 32.2 44.8 79.1 98.8 150.8 36.1 41.0 77.8 109.8 160.4 35.3 45.9 82.6 105.7 141.8 22.7 46.9 80.5 76.7 164.7 24.8 41.2 81.4 84.6 132.0 31.4 44.8 86.0 78.9 115.1 18.5 19.4 9.5 NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC). 17.1 National Data D-18 October 2002 7. Quantity and Price Indexes Table 7.1. Quantity and Price indexes for Gross Domestic Product [Index numbers, 1996=100] Seasonally adjusted Seasonally adjusted Gross domestic product: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Personal consumption expenditures: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Durable goods: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Nondurable goods: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Gross private domestic investment: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Fixed investment: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Nonresidential: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Structures: Current dollars Cham-type quantity index Chain-type price index Implicit price deflator Equipment and software: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Residential: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 2001 2002 2000 2001 125.74 117.64 106.89 106.89 129.04 117.94 109.42 109.42 128.63 117.66 109.32 109.32 129.24 117.58 109.92 109.92 129.95 118.37 109.78 109.78 132.00 119.84 110.14 110.14 132.81 120.21 110.48 110.48 127.61 118.83 107.39 107.39 133.40 121.76 109.56 109.56 132.88 121.20 109.64 109.64 133.34 121.64 109.62 109.62 135.56 123.42 109.84 109.84 136.98 124.37 110.14 110.14 138.51 124.92 110.89 110.89 130.40 135.60 133.07 133.66 143.17 139.34 139.01 142.58 151.16 148.00 149.66 160.91 158.30 159.08 91.46 89.70 89.89 89.29 88.95 88.00 87.36 91.46 89.70 89.91 89.31 88.97 88.02 87.38 125.34 116.50 107.59 107.59 129.68 118.79 109.17 109.17 129.90 118.31 109.80 109.80 129.88 118.69 109.42 109.42 129.88 119.76 108.45 108.45 132.47 122.07 108.52 108.52 133.93 122.03 109.75 109.75 128.22 115.67 110.85 110.85 134.88 117.98 114.32 114.32 134.39 117.80 114.08 114.08 135.07 118.07 114.40 114.40 136.95 118.69 115.39 115.38 138.83 119.54 116.15 116.14 140.78 120.32 117.00 117.00 141.26 141.86 99.60 99.58 127.62 126.71 100.76 100.73 128.52 127.43 100.88 100.86 126.73 125.75 100.79 100.78 120.77 119.93 100.73 100.70 125.49 125.05 100.35 100.35 127.78 127.46 100.24 100.25 139.51 139.52 100.00 100.00 135.76 134.20 101.16 101.16 136.41 134.70 101.27 101.27 134.86 133.23 101.22 101.23 131.71 130.16 101.19 101.19 131.06 129.99 100.82 100.82 130.66 129.68 100.76 100.76 140.73 133.59 134.53 132.09 127.83 125.28 124.06 147.23 139.55 140.20 138.06 134.13 132.13 131.32 95.59 95.73 95.97 95.69 95.31 94.82 94.48 95.59 95.73 95.96 95.68 95.31 94.81 94.47 139.66 122.47 114.04 114.04 144.22 120.43 119.76 119.76 146.62 121.95 120.23 120.23 147.56 122.82 120.14 120.14 134.38 112.30 119.66 119.67 128.16 108.09 118.56 118.57 122.30 102.97 118.77 118.78 141.09 130.05 130.50 126.94 125.65 124.32 124.65 156.58 146.51 146.77 143.28 142.39 141.41 142.55 90.11 88.76 88.93 88.60 88.26 87.93 87.46 90.11 88.76 88.92 88.59 88.25 87.92 87.44 136.00 118.88 114.40 114.40 141.98 119.22 119.09 119.09 141.81 119.39 118.78 118.78 142.81 119.50 119.50 119.51 142.83 118.44 120.60 120.60 147.67 122.44 120.61 120.61 149.63 123.25 121.40 121.40 NOTE. Chain-type quantity and price indexes are calculated from weighted averages of the detailed output and prices used to prepare each aggregate and component. Implicit price deflators are weighted averages of the detailed price indexes used to prepare each aggregate and component and are calculated as the ratio of current- 2000 Exports of goods and services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Exports of goods: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Exports of services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Imports of goods and services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Imports of goods: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Imports of services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Government consumption expenditures and gross investment: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Federal: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator National defense: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Nondefense: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator State and local: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 2001 2001 2002 125.97 118.30 121.22 115.05 111.09 111.82 116.47 130.09 123.10 125.70 119.89 116.89 117.89 121.89 96.83 96.10 96.46 96.00 95.06 94.88 95.58 96.83 96.10 96.44 95.97 95.03 94.85 95.55 126.94 118.62 121.38 114.57 111.20 109.93 114.71 134.98 126.97 129.39 122.89 120.40 119.36 123.84 94.05 93.42 93.84 93.26 92.39 92.14 92.67 94.05 93.42 93.82 93.23 92.36 92.10 92.63 123.60 118.91 103.94 103.94 117.53 114.18 102.94 102.94 120.84 117.17 103.15 103.13 116.22 112.87 102.99 102.97 110.81 108.77 101.89 101.87 116.38 114.24 101.90 101.87 120.72 117.18 103.04 103.02 152.28 143.60 147.99 136.89 136.60 138.87 149.90 159.48 154.91 157.15 152.32 150.26 153.37 161.24 95.49 92.70 94.22 89.93 90.97 90.61 93.03 95.49 92.70 94.17 89.87 90.91 90.55 92.97 153.78 144.39 147.20 141.10 135.87 136.36 148.81 162.51 157.18 158.49 154.54 153.24 154.63 164.44 94.63 91.87 92.92 91.36 88.71 88.24 90.55 94.63 91.87 92.88 91.31 88.66 88.19 90.49 144.42 139.44 152.14 114.87 140.41 151.98 155.59 144.47 143.71 150.84 141.21 134.98 145.69 144.92 99.97 97.03 100.91 81.38 104.08 104.37 107.43 99.97 97.03 100.86 81.34 104.02 104.31 107.37 123.14 111.29 110.65 110.64 130.67 115.36 113.27 113.27 130.70 115.19 113.47 113.46 130.22 114.87 113.37 113.37 133.39 117.76 113.27 113.27 136.40 119.37 114.27 114.27 137.83 119.79 115.06 115.06 110.84 102.42 108.23 108.23 118.16 107.33 110.09 110.09 117.53 106.70 110.15 110.15 118.03 107.01 110.30 110.29 121.70 110.46 110.18 110.18 126.42 112.46 112.42 112.41 129.46 114.50 113.07 113.06 105.01 97.66 107.53 107.53 112.02 102.51 109.27 109.27 110.69 101.23 109.34 109.35 112.11 102.38 109.51 109.50 115.63 105.87 109.21 109.22 120.93 108.82 111.14 111.14 123.84 110.87 111.71 111.70 122.77 112.06 109.55 109.55 130.72 117.10 111.64 111.63 131.50 117.76 111.68 111.67 130.12 116.40 111.80 111.79 134.12 119.78 111.99 111.97 137.64 119.91 114.79 114.79 140.95 121.93 115.61 115.60 130.48 116.52 111.98 111.98 138.13 120.11 115.01 115.01 138.57 120.20 115.28 115.28 137.51 119.51 115.06 115.06 140.37 122.09 114.97 114.97 142.35 123.47 115.29 115.29 142.82 122.95 116.17 116.16 to chained-dollar output multiplied by 100. Percent changes from preceding period for items in this table are shown in table 8.1. Contributions to the percent change in real gross domestic product are shown in table 8.2. October 2002 D-19 SURVEY OF CURRENT BUSINESS Table 7.2. Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases Table 7.4. Chain-Type Quantity and Price Indexes for Personal Consumption Expenditures by Major Type of Product [Index numbers, 1996=100] [Index numbers, 1996=100] Seasonally adjusted 2000 2001 2001 Seasonally adjusted 2002 2000 IV II Gross domestic product: Current dollars Chain-type quantity index.... Chain-type price index Implicit price deflator Final sales of domestic product: Current dollars Chain-type quantity index.... Chain-type price index Implicit price deflator Gross domestic purchases: Current dollars Chain-type quantity index.... Chain-type price index Implicit price deflator Final sales to domestic purchasers: Current dollars Chain-type quantity index.... Chain-type price index Implicit price deflator Addenda: Final sales of computers:l Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Gross domestic product less final sales of computers: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Gross domestic purchases less final sales of computers: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Chain-type price indexes for gross domestic product: Food Energy goods and services Gross domestic product less food and energy.... Chain-type price indexes for gross domestic purchases: Food Energy goods and services Gross domestic purchases less food and energy.... Chain-type quantity indexes 125.74 117.64 106.89 106.89 129.04 117.94 109.42 109.42 128.63 117.66 109.32 109.32 129.24 117.58 109.92 109.92 129.95 118.37 109.78 109.78 132.00 119.84 110.14 110.14 132.81 120.21 110.48 110.48 125,41 117.19 107.02 107.02 130.31 118.95 109.55 109.55 129.86 118.65 109.45 109.45 130.52 118.60 110.05 110.05 131.69 119.81 109.91 109.91 132.89 120.51 110.28 110.27 133.28 120.49 110.62 110.62 128.95 121.00 106.58 106.58 132.00 121.50 108.65 108.65 131.81 121.20 108.76 108.75 131.74 121.18 108.72 108.72 132.84 122.06 108.84 108.83 135.07 123.74 109.15 109.15 136.70 124.53 109.77 109.77 128.64 120.56 106.70 106.70 133.27 122.52 108.78 108.78 133.03 122.19 108.88 108.88 133.01 122.21 108.84 108.84 134.57 123.50 108.97 108.97 135.96 124.42 109.28 109.28 137.18 124.82 109.90 109.90 101.79 102.38 410.70 96.08 87.91 431.75 22.28 22.25 423.11 20.80 20.78 86.34 436.31 19.81 24.93 95.34 405.16 23.55 23.53 128.89 116.17 110.95 110.95 129.58 116.10 111.61 111.61 130.29 116.84 111.51 111.51 132.44 118.31 111.94 111.94 118.98 385.10 30.90 30.90 420.15 24.23 24.23 125.81 116.22 108.26 108.25 129.32 116.43 111.08 111.07 24.93 19.79 133.28 118.66 112.32 112.32 128.91 119.18 108.17 108.16 132.27 119.61 110.59 110.58 132.06 119.34 110.66 110.66 132.10 119.34 110.69 110.69 133.17 120.11 110.88 110.87 135.38 121.68 111.25 111.25 137.03 122.43 111.92 111.92 107.11 103.66 110.45 114.15 109.96 120.73 111.09 114.33 111.58 108.19 112.23 105.15 112.31 104.09 106.99 109.17 108.89 109.66 109.65 110.10 110.51 108.27 113.74 111.46 116.4-s 111.03 123.31 111.98 116.03 112.62 104.96 113.29 102.60 113.40 109.54 106.12 108.05 107.92 108.08 108.62 109.01 109.42 1. For some components of final sales of computers, includes computer parts. NOTE. Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 7.3. Quantity and Price Indexes for Gross National Product and Command-Basis Gross National Product [Index numbers, 1996=100] Gross national product: Current dollars Chain-type quantity index.... Chain-type price index Implicit price deflator Less: Exports of goods and services and income receipts from the rest of the world: Chain-type quantity index.... Plus: Command-basis exports of goods and services and income receipts from the rest of the world: Chain-type quantity index.... Equals:Command-basis gross national product: Chain-type quantity index.... Personal consumption expenditures Durable goods : Motor vehicles and parts Furniture and household equipment Other. Nondurable goods Food Clothing and shoes Gasoline, fuel oil, and other energy goods Gasoline and oil :,.... Fuel oil and coal Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Recreation Other Addenda: Energy goods and services ' Personal consumption expenditures less food and energy 132.04 121.76 151.16 141.21 121.20 148.00 136.34 121.64 149.66 137.63 123.42 160.91 156.21 124.37 158.30 144.35 124.92 159.08 144.00 157.89 137.54 116.50 111.84 127.39 168.03 142.19 118.79 112.85 130.61 165.83 141.30 118.31 112.91 129.44 168.67 141.97 118.69 112.51 130.36 174.62 145.09 119.76 112.87 133.34 180.78 149.38 122.07 114.69 137.62 183.72 149.34 122.03 114.42 137.32 107.11 109.29 90.05 122.36 115.67 110.19 119.08 106.45 127.59 118.14 110.52 118.56 124.08 108.21 111.75 81.16 127.12 117.98 112.09 120.60 104.46 131.68 117.24 115.21 122.07 125.12 106.10 109.69 78.76 126.60 117.80 111.98 120.25 103.27 132.03 117.90 114.52 122.01 125.22 108.68 112.65 78.45 127.37 118.07 112.24 120.37 102.80 132.54 116.71 115.95 121.48 124.89 109.75 113.88 78.39 128.80 118.69 112.56 119.04 101.13 131.45 116.07 117.25 122.91 125.99 112.53 116.85 79.75 130.87 119.54 113.14 120.18 103.65 131.57 117.17 118.29 123.31 126.83 111.98 116.51 77.75 131.64 120.32 113.71 120.68 103.79 132.34 116.88 119.67 124.09 127.59 106.67 106.37 104.70 105.88 105.63 108.28 108.07 120.91 124.42 123.83 124.37 126.55 127.23 118.83 142.58 Chain-type price indexes Personal consumption expenditures Durable goods Motor vehicles and parts Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline, fuel oil, and other energy goods Gasoline and oil Fuel oil and coal Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Recreation Other Addenda: Energy goods and services ' Personal consumption expenditures less food and energy 109.56 89.70 99.84 109.64 89.89 99.85 109.62 89.29 99.51 109.84 88.95 99.79 110.14 88.00 98.86 110.89 87.36 98.10 107.59 108.65 95.22 76.92 96.08 109.17 111.89 93.35 77.32 96.15 109.80 111.42 93.70 76.27 96.04 109.42 112.39 92.57 75.28 95.88 108.45 113.05 92.03 74.02 95.61 108.52 113.72 91.56 73.29 95.48 109.75 113.87 91.22 121.92 121.14 129.05 109.40 110.85 112.77 102.23 103.88 101.39 105.86 110.19 112.81 114.26 118.11 116.80 130.74 112.01 114.32 117.15 106.18 114.84 101.45 108.08 114.27 116.58 116.35 129.17 128.65 132.80 111.61 114.08 116.51 106.62 117.27 100.82 108.21 114.12 116.35 116.02 117.93 116.79 128.91 112.63 114.40 117.76 105.99 114.71 101.26 108.04 114.27 117.05 116.05 102.08 100.44 119.25 113.04 115.39 11P.^8 10'.: "3 109.92 102.41 108.20 115.53 117.80 117.51 99.23 97.95 112.27 113.31 116.15 120.34 104.71 107.83 102.95 108.92 116.16 118.43 118.44 111.53 110.95 115.93 114.14 117.00 121.35 104.71 108.42 102.65 110.10 116.90 119.71 119.44 113.42 116.62 123.64 116.46 105.72 103.22 110.14 106.85 108.78 108.58 108.78 109.52 109.91 110.42 107.39 91.46 99.47 81.51 95.78 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. 125.75 117.69 106.86 106.86 129.02 117.96 109.39 109.38 128.73 117.79 109.29 109.29 129.09 117.48 109.89 109.89 130.10 118.54 109.75 109.74 131.72 119.62 110.11 110.11 132.25 119.73 110.45 110.45 133.86 133.86 122.04 122.04 125.39 125.39 118.25 118.25 112.94 112.94 113.25 113.25 117.17 135.45 135.45 125.93 125.93 128.09 128.09 125.05 125.05 117.44 117.44 118.00 118.00 120.18 117.91 117.91 118.51 118.51 118.17 118.17 118.45 118.45 119.19 119.19 120.30 120.30 120.16 NOTE. Percent changes from preceding period for selected items in this table are shown in table 8.1. 2002 2001 2001 National Data D-20 October 2 0 0 2 Table 7.6. Chain-Type Quantity and Price Indexes for Private Fixed Investment by Type Table 7.9. Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services and for Receipts and Payments of Income [Index numbers, 1996=100] [Index numbers, 1996=100] Seasonally adjusted 2000 2001 2001 III Seasonally adjusted 2002 2000 IV II Chain-type quantity indexes Private fixed investment Nonresidential Structures Nonresidential buildings, including farm Utilities Mining exploration, shafts, and wells Other structures Equipment and software.... Information processing equipment and software Computers and peripheral equipment' Software2 Other Industrial equipment Transportation equipment Other Residential Structures Single family Multifamily Other structures Equipment 134.20 139.55 120.43 134.70 140.20 121.95 133.23 138.06 122.82 130.16 134.13 112.30 129.99 132.13 108.09 129.68 131.32 102.97 118.94 139.89 110.52 139.52 113.34 142.93 107.73 137.81 101.14 136.88 97.17 141.04 91.65 134.15 128.11 109.06 156.58 161.41 149.20 146.51 163.93 98.82 146.77 170.23 294.73 143.28 164.84 101.33 142.39 143.20 101.75 141.41 143.55 100.97 142.55 203.04 190.92 191.39 185.67 185.12 188.13 193.91 338.61 191.35 135.16 112.69 117.80 125.83 119.22 119.12 121.05 120.21 116.48 123.67 337.30 190.93 136.61 114.64 116.32 125.71 119.39 119.31 121.33 119.45 116.70 122.98 316.88 189.69 130.79 109.32 115.17 126.05 119.50 119.42 121.95 119.55 116.16 123.07 343.30 189.82 124.66 106.02 119.08 121.77 118.44 118.30 120.22 123.31 114.98 125.10 369.90 188.10 127.03 108.69 109.04 120.36 122.44 122.35 123.91 132.84 118.56 126.36 383.36 193.67 130.74 106.71 103.23 125.33 123.25 123.17 124.70 131.98 119.71 127.32 Chain-type price indexes Private fixed investment Nonresidential Structures Nonresidential buildings, including farm Utilities Mining exploration, shafts, and wells Other structures Equipment and software.... Information processing equipment and software Computers and peripheral equipment' Software2 Other Industrial equipment Transportation equipment Other Residential Structures Single family Multifamily Other structures Equipment 100.00 95.59 101.27 95.97 120.23 101.22 95.69 120.14 101.19 95.31 119.66 100.82 94.82 118.56 100.76 94.48 114.04 101.16 95.73 119.76 116.44 106.60 121.05 109.45 120.70 109.10 121.40 109.98 122.47 110.23 122.43 110.68 122.97 111.50 107.97 109.69 90.11 125.45 113.16 88.76 131.55 112.69 88.93 125.56 113.15 88.60 116.10 113.89 88.26 106.93 115.35 87.93 104.41 115.93 87.46 76.62 73.72 74.23 73.29 72.52 71.96 71.31 37.87 97.28 92.93 102.55 101.67 103.84 30.91 99.10 91.37 103.40 101.32 105.16 119.09 119.61 120.50 125.60 117.49 98.50 31.75 99.45 91.48 103.45 100.71 105.05 118.78 119.29 119.98 125.20 117.46 98.25 30.14 98.99 91.14 103.45 101.68 105.26 119.50 120.03 120.77 125.50 118.20 98.52 28.53 99.05 90.86 103.54 101.78 105.60 120.60 121.16 122.47 126.98 118.49 98.50 27.48 98.99 90.68 103.42 101.73 105.70 120.61 121.16 122.30 126.81 118.76 98.66 26.84 98.24 114.40 114.81 115.50 123.00 112.60 98.10 1. Includes new computers and p 2. Excludes software "embedded," or bundled, in computers and other equipment. III 2002 IV Chain-type quantity indexes 139.52 147.23 122.47 347.77 193.80 154.57 117.86 134.32 129.24 118.88 118.79 120.06 113.04 118.18 123.30 2001 2001 118.77 90.39 103.33 101.25 105.58 121.40 121.98 123.10 127.64 119.62 98.14 Exports of goods and services Goods' Durable Nondurable Services' Income receipts Imports of goods and services Goods' Durable Nondurable Services' Income payments 130.09 134.98 144.14 115.25 118.91 146.19 159.48 162.51 173.28 142.38 144.47 146.65 123.10 126.97 132.39 115.23 114.18 118.90 154.91 157.18 162.31 146.27 143.71 118.35 Exports of goods and services Goods' Durable Nondurable Services' Income receipts Imports of goods and services Goods' Durable Nondurable Services' Income payments 96.83 96.10 93.42 93.56 93.17 102.94 108.55 92.70 91.87 87.16 102.59 97.03 109.57 125.70 129.39 135.65 115.81 117.17 124.63 157.15 158.49 163.11 148.35 150.84 120.78 119.89 122.89 127.61 112.64 112.87 113.25 152.32 154.54 158.62 145.38 141.21 116.43 116.89 120.40 122.68 115.45 108.77 100.73 150.26 153.24 157.17 144.37 134.98 93.68 117.89 119.36 121.50 114.72 114.24 98.87 153.37 154.63 160.51 142.32 145.69 105.14 121.89 123.84 127.18 116.56 117.18 102.55 161.24 164.44 171.12 150.62 144.92 117.90 94.88 92.14 93.17 89.78 101.90 109.02 90.61 88.24 85.60 94.52 104.37 109.86 95.58 Chain-type price indexes 94.05 93.72 95.00 103.94 106.80 95.49 94.63 88.80 107.89 99.97 107.92 96.46 93.84 93.79 94.05 103.15 108.63 94.22 92.92 87.57 105.01 100.91 109.66 96.00 93.26 93.45 92.86 102.99 108.60 89.93 91.36 86.83 101.65 81.38 109.67 95.06 92.39 93.16 90.64 101.89 108.73 90.97 88.71 86.05 95.04 104.08 109.66 92.67 93.13 91.61 103.04 109.61 93.03 90.55 85.67 101.73 107.43 110.36 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. October 2002 D-21 SURVEY OF CURRENT BUSINESS Table 7.10. Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services by Type of Product [Index numbers, 1996=100] Seasonally adjusted Seasonally adjusted 2000 2001 2001 II 2000 2002 2001 IV III 130.09 134.98 109.03 119.61 132.52 112.44 155.85 140.15 195.19 151.91 120.70 126.55 129.97 122.99 133.84 118.91 123.10 126.97 112.18 114.96 121.06 111.41 140.47 145.39 172.40 133.48 112.92 125.52 128.91 121.99 132.94 114.18 88.45 106.07 79.09 82.92 79.67 93.87 100.54 91.80 83.16 90.93 83.05 102.07 103.43 100.07 125.70 129.39 112.84 115.47 122.76 111.27 144.04 150.28 173.48 137.15 115.33 129.71 134.95 124.24 133.74 117.17 119.89 122.89 109.12 112.66 117.09 109.99 133.34 144.43 162.63 125.48 115.39 121.55 124.84 118.13 127.84 112.87 116.89 120.40 113.67 113.29 115.10 112.06 126.71 131.17 154.95 120.52 111.16 119.81 120.65 118.97 134.17 108.77 117.89 119.36 114.08 112.39 114.84 110.81 124.79 133.90 146.04 118.71 110.26 117.51 119.61 115.32 139.16 114.24 83.20 79.67 77.24 90.11 67.24 77.45 98.19 100.51 109.42 113.85 108.03 163.96 168.96 168.24 94.12 94.80 98.98 152.32 150.26 153.37 154.54 153.24 154.63 149.98 147.33 149.04 96.81 107.49 114.06 153.94 107.18 159.48 162.51 138.38 110.33 164.09 96.08 96.17 154.91 157.15 157.18 158.49 144.74 142.22 133.52 136.82 130.01 118.52 198.28 188.27 248.13 181.85 149.33 170.79 177.98 163.30 172.78 144.47 140.29 139.48 132.04 129.19 192.19 164.83 113.45 128.51 128.33 128.38 122.65 175.36 215.81 224.98 153.73 144.79 173.70 176.62 170.62 175.02 143.71 158.92 132.22 111.68 122.45 191.99 183.69 119.89 127.05 125.69 128.03 127.74 176.66 214.44 224.70 155.68 146.23 175.21 177.39 172.89 178.00 150.84 149.02 147.55 126.03 125.88 189.45 188.29 119.06 127.11 126.14 127.77 118.10 165.67 210.36 213.39 144.22 146.62 172.24 174.00 170.33 177.09 141.21 156.70 126.87 114.56 115.83 193.03 186.88 120.68 111.07 114.66 137.44 128.37 166.60 160.02 114.61 131.02 160.80 112.06 118.23 117.65 124.16 120.87 119.78 157.65 156.08 158.25 109.54 164.44 126.66 127.86 125.13 119.23 162.89 221.53 220.78 137.29 142.87 170.94 174.61 167.10 183.36 134.98 182.87 113.80 87.90 118.48 192.65 175.52 122.42 128.49 130.97 125.63 113.11 167.52 197.04 245.29 140.29 145.23 175.71 182.15 169.03 167.51 145.69 190.22 131.42 101.37 120.62 221.31 181.81 126.33 Exports of goods and services 121.89 123.84 Exports of goods' Foods, feeds, and beverages 110.45 Industrial supplies and materials 117.52 Durable goods 121.59 Nondurable goods 115.02 Capital goods, except automotive 129.40 Civilian aircraft, engines, and parts .. 135.55 Computers, peripherals, and parts ... 145.85 Other 124.73 Automotive vehicles, engines, and parts 120.04 Consumer goods, except automotive ... 120.66 Durable goods 123.76 Nondurable goods 117.42 Other 143.00 117.18 Exports of services' Transfers under U.S. military agency 83.08 sales contracts 89.85 Travel 77.54 Passenger fares 100.43 Other transportation 119.51 Royalties and license fees 174.52 Other private services 104.34 Other 161.24 Imports of goods and services .... 164.44 Imports of goods' 152.82 Foods, feeds, and beverages Industrial supplies and materials, except 131.91 petroleum and products Durable goods 131.98 Nondurable goods 131.50 Petroleum and products 121.82 Capital goods, except automotive 174.57 Civilian aircraft, engines, and parts .. 168.58 Computers, peripherals, and parts ... 248.65 Other 152.35 Automotive vehicles, engines, and parts 158.09 Consumer goods, except automotive ... 189.68 Durable goods 201.09 Nondurable goods 177.92 Other 184.22 144.92 Imports of services' 190.62 Direct defense expenditures 126.80 Travel 99.25 Passenger fares 131.09 Other transportation 208.87 Royalties and license fees 180.22 Other private services 123.63 Other Addenda: 114.27 Exports of agricultural goods2 124.98 Exports of nonagricultural goods 168.10 Imports of nonpetroleum goods 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2002 IV Chain-type price indexes Chain-type quantity indexes Exports of goods and services Exports of goods' Foods, feeds, and beverages Industrial supplies and materials Durable goods..' Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts.... Computers, peripherals, and parts.... Other Automotive vehicles, engines, and parts Consumer goods, except automotive.... Durable goods Nondurable goods Other Exports of services • Transfers under U.S. military agency sales contracts Travel Passenger fares Other transportation Royalties and license fees Other private services Other , Imports of goods and services Imports of goods' Foods, feeds, and beverages Industrial supplies and materials, except petroleum and products Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts.... Computers, peripherals, and parts.... Other Automotive vehicles, engines, and parts Consumer goods, except automotive.... Durable goods Nondurable goods Other Imports of services' Direct defense expenditures Travel Passenger fares Other transportation Royalties and license fees Other private services Other Addenda: Exports of agricultural goods 2 Exports of nonagricultural goods Imports of nonpetroleum goods 2001 96.83 94.05 95.58 92.67 79.17 93.92 92.42 94.92 89.79 120.08 60.61 92.17 100.86 97.75 103.94 96.10 93.42 79.31 95.78 92.53 97.85 90.44 117.54 63.09 92.86 102.74 100.46 100.88 99.99 97.34 102.94 96.46 93.84 78.66 97.34 92.77 100.22 90.74 117.25 63.70 93.19 102.83 100.21 100.58 99.81 97.72 103.15 96.00 93.26 80.47 94.95 92.61 96.45 90.23 118.19 62.60 92.59 102.83 100.46 100.88 99.99 97.25 102.99 95.06 92.39 78.70 92.18 91.45 92.73 90.00 118.93 61.79 92.36 102.74 100.66 101.21 100.06 96.37 101.89 94.88 92.14 78.42 91.42 91.50 91.49 90.02 119.65 61.21 92.42 103.01 99.90 100.81 98.91 96.13 101.90 103.07 99.66 100.27 99.01 96.86 103.04 98.79 111.20 105.05 107.54 106.95 93.94 120.44 95.49 94.63 93.04 96.95 111.68 106.08 106.37 108.72 90.79 120.46 92.70 91.87 90.23 97.41 112.96 104.49 106.38 108.79 90.64 120.81 94.22 92.92 90.29 97.23 111.47 106.70 106.87 108.76 90.57 121.42 89.93 91.36 89.11 95.68 109.41 105.76 104.33 108.89 90.09 119.44 90.97 88.71 89.45 95.32 109.25 105.53 102.54 109.18 90.68 118.50 90.61 88.24 89.21 95.68 110.60 106.36 106.01 109.77 91.72 118.21 93.03 90.55 90.50 98.60 102.43 98.78 101.03 98.42 104.55 106.41 110.68 99.04 139.40 116.10 122.88 119.36 76.74 74.51 74.89 74.10 110.56 114.68 114.46 115.39 58.81 53.47 54.49 52.43 82.51 81.43 81.49 81.25 101.73 101.66 101.55 101.44 95.95 95.17 95.28 95.10 93.03 91.93 92.10 91.78 99.20 98.80 98.84 98.82 100.49 100.11 100.57 99.31 99.97 97.03 100.91 81.38 87.62 86.72 85.50 87.57 96.68 94.63 94.22 94.94 116.38 126.91 124.52 131.05 117.50 115.69 117.55 115.74 106.97 108.70 108.77 108.74 88.27 78.26 90.11 27.26 104.60 104.05 104.47 104.23 94.09 94.11 94.28 93.36 73.37 115.78 50.53 81.11 101.81 94.72 91.20 98.68 98.92 104.08 86.32 94.72 127.89 110.93 108.87 103.74 102.95 93.06 93.84 92.47 93.17 72.67 116.05 50.23 80.04 101.70 94.40 90.77 98.48 98.68 104.37 82.94 93.18 127.76 109.22 109.16 107.88 102.37 96.41 95.49 107.43 87.74 97.20 130.81 110.40 109.75 111.03 104.86 76.81 93.90 88.64 76.19 93.69 88.14 76.96 94.19 88.57 79.06 98.76 94.21 101.67 90.45 111.44 65.08 93.31 102.39 100.82 100.77 103.39 102.44 105.69 77.32 95.66 91.63 77.86 94.93 90.36 77.39 95.43 90.97 79.19 94.62 89.55 97.59 122.01 72.51 116.45 50.17 79.77 101.81 94.12 90.54 98.14 99.00 2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. D-22 National D a t a October 2 0 0 2 Table 7.11. Chain-Type Quantity and Price Indexes for Government Consumption Expenditures and Gross Investment by Type [Index numbers, 1996=100] Seasonally adjusted 2000 2001 2001 Seasonally adjusted 2002 2000 2001 2001 IV IV Chain-type quantity indexes Government consumption expenditures and gross investment' Federal , National defense Consumption expenditures Durable goods2 Nondurable goods Services Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4. Other services Gross investment Structures Equipment and software Nondefense Consumption expenditures Durable goods 2 Nondurable goods Commodity Credit Corporation inventory change Other nondurables Services Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4 Other services Gross investment Structures Equipment and software State and local Consumption expenditures Durable goods 2 Nondurable goods Services Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4 Other services Gross investment Structures Equipment and software Addenda: Compensation of general government employees3 Federal State and local 5 111.29 115.36 115.19 114.87 102.42 107.33 106.70 107.01 97.66 102.51 101.23 102.38 97.27 102.17 100.82 101.61 108.05 116.02 115.90 125.48 122.09 129.00 128.04 127.68 95.86 100.50 99.05 99.27 Chain-type price indexes 117.76 110.46 105.87 105.55 115.45 147.67 103.74 119.37 112.46 108.82 108.05 118.29 149.88 106.22 119.79 114.50 110.87 110.42 118.91 152.03 108.71 90.55 91.09 91.06 90.94 91.13 91.99 93.03 99.21 102.45 100.36 69.33 105.09 112.06 107.56 99.03 118.09 104.87 68.01 110.58 117.10 112.76 99.00 113.05 104.02 69.08 109.40 117.76 113.35 99.00 114.02 107.51 62.97 114.54 116.40 112.89 99.01 129.50 108.08 70.49 113.87 119.78 114.55 99.06 136.73 113.93 63.21 122.04 119.91 114.99 99.22 143.65 113.83 66.47 121.32 121.93 116.48 79.78 111.07 106.50 113.29 119.91 127.22 135.70 107.82 111.72 111.39 112.35 113.74 113.95 114.83 103.98 103.40 103.33 103.76 103.41 103.95 103.75 145.07 99.73 133.55 85.50 161.93 116.52 114.39 131.64 128.91 112.38 155.81 109.87 137.77 80.33 172.20 120.11 117.93 139.80 136.09 115.40 154.45 109.43 138.75 74.31 177.78 120.20 117.18 138.78 135.42 114.65 157.08 110.77 132.82 75.34 167.40 119.51 118.62 140.85 136.83 116.08 159.86 115.13 144.89 88.85 178.17 122.09 119.84 143.12 138.57 117.22 162.56 113.63 143.43 101.08 167.59 123.47 120.56 145.10 139.93 117.84 165.47 115.97 148.22 91.85 181.69 122.95 121.04 146.72 140.90 118.25 106.51 108.72 108.06 109.39 110.19 110.53 110.79 123.97 216.70 126.05 118.54 151.59 129.92 231.02 129.86 121.33 159.28 129.18 227.87 133.87 126.42 158.88 130.67 231.64 123.28 112.62 161.43 132.15 240.18 132.17 123.86 160.55 133.88 245.08 136.57 130.10 157.30 135.17 246.56 131.41 123.97 156.32 103.53 105.41 104.95 105.89 106.48 106.98 107.30 95.43 95.56 95.54 95.60 95.59 96.38 96.94 106.66 109.21 108.58 109.87 110.69 111.06 111.29 1. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign countries by the Federal Government. 3. Compensation of government employees engaged in new own-account investment and related expenditures for goods and services are classified as investment in structures and in software. The compensation of all 2002 Government consumption expenditures and gross investment1 , •„, Federal National defense Consumption expenditures Durable goods 2 Nondurable goods Services '..: Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4 Other services Gross investment Structures Equipment and software Nondefense Consumption expenditures : Durable goods 2 Nondurable goods Commodity Credit Corporation inventory change Other nondurables Services Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4 Other services Gross investment Structures Equipment and software ,.... State and local Consumption expenditures Durable goods 2 Nondurable goods Services Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4 Other services Gross investment Structures Equipment and software Addenda: Compensation of general government employees3 Federal State and local 5 110.65 108.23 107.53 109.28 99.36 110.73 109.95 113.27 110.09 109.27 111.50 99.37 106.08 112.61 113.47 110.15 109.34 111.52 99.48 108.19 112.54 113.37 110.30 109.51 111.76 99.29 106.74 112.89 114.27 112.42 111.14 113.89 99.52 94.31 115.74 112.95 113.27 110.18 109.21 111.55 99.31 99.09 115.06 113.07 111.71 114.56 99.72 99.84 116.26 114.75 118.58 118.67 118.91 118.68 124.71 125.19 101.74 108.92 97.62 114.80 95.67 109.55 111.85 101.84 111.79 96.77 118.80 94.40 111,64 114.18 101.91 111.40 97.10 118.40 94.78 111.68 114.18 101.84 112.19 96.88 119.09 94.48 111.80 114.40 101.89 112.61 96.11 119.97 93.58 111.99 114.58 102.30 113.04 95.88 120.94 93.26 114.79 118.21 102.37 113.84 95.89 121.56 93.23 115.61 119.31 107.67 108.99 110.65 109.05 105.96 106.60 111.34 112.33 114.75 114.66 114.97 115.30 119.16 120.07 117.84 120.51 120.45 120.74 121.05 128.03 129.63 100.98 107.77 100.21 113.37 95.00 111.98 112.85 99.40 110.67 113.32 102.45 110.27 101.39 116.73 95.58 115.01 115.99 100.11 109.20 117.18 102.62 109.99 101.58 116.49 95.87 115.28 116.35 100.13 112.57 117.11 102.42 110.60 101.33 116.90 95.47 115.06 116.04 100.18 108.93 117.28 102.71 110.99 101.55 117.67 95.55 114.97 115.79 100.29 102.88 117.89 102.68 111.93 101.39 117.97 95.26 115.29 116.19 100.58 103.13 118.31 102.44 112.39 101.18 118.42 94.85 116.17 117.19 100.67 106.74 118.94 114.40 118.80 118.41 119.24 120.18 120.79 121.53 107.94 107.45 111.62 120.81 88.02 108.04 107.86 111.97 121.47 87.62 114.80 118.94 118.66 119.34 120.04 122.10 115.93 119.30 119.33 119.59 119.58 125.98 i 14.41 118.80 118.42 119.25 120.19 120.80 122.88 126.91 121.53 105.84 113.15 108.41 115.26 90.20 107.64 114.44 111.00 119.49 88.96 107.64 117.72 110.88 119.21 89.19 107.56 111.10 111.01 119.49 88.99 107.92 108.42 111.60 120.67 88.28 general government employees is shown in the addenda. 4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on these assets. 5. Beginning with 2001, in accordance with the Consolidated Appropriations Act of 2001, includes compensation of employees of Indian tribal governments reclassified from the private sector. October 2002 D-23 SURVEY OF CURRENT BUSINESS Table 7.14. Chain-Type Quantity and Price Indexes for Gross Domestic Product by Sector Table 7.16B. Implicit Price Deflators for Private Inventories by Industry [Index numbers, 1996=100] [Index numbers, 1996=100] Seasonally adjusted Seasonally adjusted 2000 li III II Gross domestic product Households and institutions.. Private households Nonprofit institutions General government3 Federal State and local 117.64 117.94 119.69 119.58 120.58 110.61 130.69 111.56 99.77 111.99 105.50 99.12 108.50 119.56 119.51 120.48 110.86 124.00 117.66 119.30 119.29 120.15 111.56 118.82 114.39 84.25 115.49 107.69 99.77 111.40 114.36 87.95 115.33 107.22 99.68 110.76 117.58 119.03 119.03 119.93 111.00 117.52 114.86 81.84 116.07 108.18 99.87 112.06 118.37 119.88 119.73 120.81 110.18 134.98 115.04 75.03 116.49 108.83 100.02 112.95 119.84 120.21 121.52 121.43 122.67 110.59 129.90 115.74 72.41 117.31 109.42 100.78 113.46 121.86 121.86 122.95 112.17 120.17 116.59 73.19 118.17 109.84 101.39 113.79 Chain-type price indexes Gross domestic product Business1 Nonfarm2 Nonfarm less housing Housing Farm Households and institutions.. Private households Nonprofit institutions General government3 Federal State and local 106.89 105.93 106.53 105.94 112.20 64.58 110.86 113.22 110.78 112.88 111.74 113.41 109.42 108.23 108.78 107.97 116.62 70.50 115.28 117.43 115.20 116.48 114.23 117.47 109.32 108.17 108.68 107.94 115.82 72.67 114.82 116.80 114.75 116.26 114.29 117.14 109.92 108.73 109.22 108.39 117.20 75.07 116.17 117.77 116.11 116.80 114.44 117.85 109.78 108.47 109.11 108.11 118.89 64.85 116.37 118.44 116.30 117.42 114.47 118.71 110.14 108.65 109.16 108.02 120.25 73.18 117.13 120.48 117.03 119.13 118.97 119.25 110.48 108.89 109.59 108.39 121.22 61.18 118.47 121.29 118.38 119.77 119.60 119.90 1. Equals gross domestic product less gross product of households and institutions and of general government. 2. Equals gross domestic business product less gross farm product. 3. Equals compensation of general government employees plus general government consumption of fixed capital. Table 7.15. Price, Costs, and Profit Per Unit of Real Gross Product of Nonfinancial Corporate Business [Dollars] Price per unit of real gross product of nonfinancial corporate business' Compensation of employees (unit labor cost) Unit nonlabor cost Consumption of fixed capital Indirect business tax and nontax liability plus business transfer payments less subsidies.. Net interest Corporate profits with inventory valuation and capital consumption adjustments (unit profits from current production).... Profits tax liability Profits after tax with inventory valuation and capital consumption adjustments 1.043 1.06V 1.061 1.067 1.058 1.056 1.055 .698 .254 .118 .708 .272 .129 .712 .271 .127 .710 .276 .136 .697 .273 .129 .695 .273 .131 .693 .274 .132 .100 .036 .104 .039 .105 .039 .101 .039 .105 .039 .105 .037 .105 .037 .091 .034 .081 .024 .078 .027 .080 .026 .088 .018 .088 .023 .088 .025 .057 .056 .051 .054 .070 .065 .063 1. The implicit price deflator for gross product of nonfinancial corporate business divided by 100. NOTE. Effective with the release scheduled for November 26,2002, the estimates beginning with 1999 will be revised to reflect revisions to the industry-based price indexes for gross product of nonfinancial corporate business. III IV I IV Chain-type quantity indexes Business1 Nonfarm2 Nonfarm less housing Housing Farm 2002 2001 2002 2001 2001 Private inventories' Farm Construction, mining, and utilities Manufacturing Durable goods industries Nondurable goods industries Wholesale trade Durable goods industries Nondurable goods industries Retail trade Motor vehicle dealers Food and beverage stores General merchandise stores Other retail stores Other industries Addenda: Private inventories Durable goods industries Nondurable goods industries Nonfarm industries Wholesale trade Merchant wholesale trade Durable goods industries Nondurable goods industries Nonmerchant wholesale trade ..... 100.59 102.66 113.99 100.72 98.73 104.16 96.42 92.21 103.80 102.69 100.21 109.52 103.02 103.25 101.76 99.48 96.33 102.19 100.17 99.16 101.93 95.89 91.83 103.00 102.65 100.28 110.05 103.07 103.00 100.95 98.04 95.07 98.19 98.32 98.34 98.36 94.34 91.33 99.73 102.00 99.48 109.59 102.86 102.26 99.52 98.48 97.32 97.69 98.96 98.41 99.93 94.85 91.26 101.16 102.00 98.93 110.32 102.59 102.61 99.07 98.99 96.53 104.47 99.45 98.81 100.57 95.62 91.66 102.50 101.98 98.59 109.41 102.62 102.96 99.71 100.59 97.10 104.28 100.52 96.42 95.72 92.05 102.22 100.75 99.48 97.14 102.01 99.79 95.89 95.30 91.66 101.74 99.54 98.04 96.49 99.82 98.34 94.34 94.12 91.15 99.45 95.65 98.48 96.41 100.74 98.63 94.85 94.44 91.07 100.39 97.39 98.99 96.68 101.49 99.25 95.62 95.10 91.49 101.44 98.80 1. Implicit price deflators are as of the end of the quarter and are consistent with the inventory stocks shown in tables 5.12B and 5.13B. NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS). National Data D-24 Table 7.17. Chain-Type Quantity Indexes for Gross Domestic Product by Major Type of Product October 2 0 0 2 Table 7.18B. Chain-Type Quantity Indexes for Motor Vehicle Output [Index numbers, 1996=100] [Index numbers, 1996=100] Seasonally adjusted Seasonally adjusted 2000 2001 III 2001 2002 2001 II Gross domestic productFinal sales of domestic product Change in private inventories Goods Final sales Change in private inventories Durable goods Final sales Change in private inventories Nondurable goods Final sales Change in private inventories Services . Structures Addenda: Motor vehicle output Gross domestic product less motor vehicle output 2000 II IV I II 117.64 117.94 117.66 117.58 118.37 119.84 120.21 117.19 118.95 118.65 118.60 119.81 120.51 120.49 124.50 123.36 121.64 124.71 121.10 124.07 120.64 123.71 121.92 126.21 124.38 126.43 124.50 125.39 138.45 136.73 129.90 136.94 129.56 136.41 127.83 134.86 128.92 138.44 131.84 135.27 132.10 134.22 113.31 112.70 114.62 114.86 113.95 114.16 114.38 114.63 115.79 116.34 117.90 118.96 117.93 117.94 112.84 118.92 115.16 118.80 114.76 120.23 115.27 118.02 116.18 116.33 117.00 118.06 118.01 115.51 122.09 114.63 113.29 116.20 120.66 123.54 125.97 117.48 118.03 117.79 117.61 118.28 119.70 120.01 Motor vehicle output... Auto output Truck output' Final sales of domestic product Personal consumption expenditures New motor vehicles Autos Light trucks Net purchases of used autos Private fixed investment.... New motor vehicles Autos Trucks Light trucks Other Net purchases of used autos Gross government investment Autos New trucks Net exports. Exports Autos Trucks Imports Autos Trucks. Change in private inventories Autos 2002 2001 III IV I II 122.09 96.89 142.99 114.63 89.86 135.17 113.29 90.04 132.58 116.20 92.57 135.80 120.66 92.77 143.75 123.54 95.00 147.17 125.97 93.02 153.18 118.30 119.40 115.11 114.80 132.37 117.53 115.98 133.44 138.70 130.72 148.20 143.85 152.65 131.93 177.01 137.98 143.96 127.57 163.26 139.35 146.32 124.97 171.41 161.11 178.16 145.74 216.21 146.80 159.22 130.40 193.06 146.73 156.46 129.18 188.48 117.41 123.40 120.36 103.42 136.63 147.36 116.36 117.43 106.83 106.87 95.08 118.27 137.74 82.30 119.79 107.50 107.98 97.18 118.47 137.12 83.97 118.28 103.64 104.00 93.08 114.57 133.13 80.24 110.58 104.88 103.77 88.51 118.41 140.85 77.15 109.88 95.86 96.41 84.78 107.62 126.81 72.21 117.67 100.72 102.26 90.77 113.36 132.07 78.64 109.17 106.65 109.35 104.92 99.52 98.10 107.53 121.45 95.52 135.99 126.36 97.37 142.63 126.21 100.92 140.37 122.42 102.36 133.64 131.08 102.43 147.13 125.94 101.19 139.76 117.17 92.55 130.97 95.72 95.38 96.54 156.20 161.70 130.03 92.55 101.19 77.15 153.19 157.44 132.92 93.67 100.61 81.34 154.63 159.18 132.89 97.95 109.80 76.81 154.30 156.19 145.02 95.81 107.12 75.64 150.61 152.16 142.97 94.07 104.95 74.65 150.99 155.00 131.76 102.26 116.09 77.57 164.52 171.40 131.82 129.37 129.80 126.49 125.81 139.68 127.60 129.04 121.27 112.41 113.40 109.35 109.79 101.87 107.57 New Domestic Foreign Used New trucks Domestic Foreign Addenda: Final sales of motor vehicles to domestic purchasers... Private fixed investment in new autos and new light trucks Domestic output of new autos 2 Sales of imported new autos 3 101.22 92.85 93.27 94.79 92.11 96.57 101.17 154.42 152.80 154.45 148.62 159.00 151.28 153.87 1. Except for exports and imports, consists of new trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of personal consumption expenditures, private fixed investment, and gross government investment. October 2002 D-25 SURVEY OF CURRENT BUSINESS 8. Supplemental Tables Table 8.1. Percent Change From Preceding Period in Selected Series [Percent] Seasonally adjusted at annual rates 2000 2001 Gross domestic product: Current dollars.; Chain-type quantity index.... Chain-type price index Implicit price deflator 5.9 3.8 2.1 2.1 2.6 .3 2.4 2.4 -1.6 2.5 2.5 Personal consumption expenditures: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 7.0 4.4 2.5 2.5 4.5 2.5 2.0 2.0 3.2 1.4 1.8 1.8 6.4 8.2 -1.7 Durable goods: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Seasonally adjusted at annual rates 2002 2001 2000 Imports of services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 2.2 2.7 -.5 -.5 6.5 5.0 1.3 1.3 1.4 1.5 -.1 -.1 6.8 6.0 4.3 3.1 1.1 1.1 4.6 1.8 2.7 2.7 1.7 5.3 -3.4 -3.4 1.8 4.6 -2.7 -2.7 31.6 33.6 -1.5 -1.5 -10.3 -6.3 -4.2 -4.2 -.9 2.0 -2.9 -2.9 -.1 8.2 7.9 .2 .3 4.5 -.1 4.6 4.6 .9 -67.5 -23.2 -57.7 -57.7 123.2 -16.5 167.5 167.4 37.3 35.7 1.1 1.1 9.9 -2.1 12.2 12.2 6.7 2.7 3.9 3.9 7.5 5.6 1.8 1.8 -1.5 -1.1 -3 10.1 10.5 -.3 -.3 9.3 5.6 3.6 3.6 4.3 1.4 2.8 2.8 4.3 1.3 3.0 3.0 1.7 1.7 7.7 6.0 1.5 1.6 1.7 1.2 .5 .5 13.0 13.5 -.4 -.4 16.4 7.4 8.4 8.4 10.0 7.5 2.3 2.3 National defense: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 2.9 -.1 3.0 3.0 6.7 5.0 1.6 1.6 3.9 2.7 1.1 1.2 5.2 4.6 .6 .6 13.1 14.3 -1.1 -1.0 19.7 11.6 7.3 7.2 9.9 7.8 2.0 2.0 Nondefense: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 6.8 3.6 3.1 3.1 6.5 4.5 1.9 1.9 14.5 12.0 2.2 2.2 -4.1 -4.5 .4 .4 12.9 12.1 .7 .6 10.9 .4 10.4 10.4 10.0 6.9 2.9 2.8 8.0 3.5 4.3 4.3 5.9 3.1 2.7 2.7 7.5 5.4 1.9 1.9 -3.0 -2.3 8.6 8.9 -.3 -.3 5.8 4.6 1.1 1.1 -1.7 3.1 3.0 5.9 3.7 2.1 2.1 3.9 1.5 2.4 2.4 2.0 -.2 2.2 2.2 3.6 4.2 -.5 -.5 3.7 2.4 1.3 1.3 1.2 -.1 1.2 1.2 7.0 4.4 2.5 2.5 2.4 .4 1.9 1.9 -1.1 1.7 1.7 -.2 -.1 -.2 -1 3.4 2.9 .4 .4 6.9 5.6 1.2 1.2 4.9 2.6 2.3 2.3 7.0 4.3 2.5 2.5 3.6 1.6 1.9 1.9 1.7 .0 1.7 1.7 -.1 .1 4.8 4.3 .5 .5 4.2 3.0 1.1 1.1 3.6 1.3 2.3 2.3 5.9 3.7 2.1 2.1 2.6 .2 2.4 1.7 -.8 2.5 2.5 1.1 3.2 3.7 -.5 -.5 5.1 3.7 1.3 1.4 1.6 .4 1.2 -.4 Government consumption expenditures and gross investment: Current dollars Chain-type quantjty index Chain-type price index Implicit price deflator Federal: Current dollars Chain-type quantity index , Chain-type price index Implicit price deflator -1.7 Nondurable goods: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 7.8 3.9 3.8 3.8 3.5 2.0 1.5 1.5 2.6 -.3 2,9 2.9 -1.4 -1.4 .0 3.6 -3.5 -3.5 Services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 6.7 3.8 2.8 2.8 5.2 2.0 3.1 3.1 3.8 1.5 2.3 2.3 2.0 .9 1.1 1.1 5.7 2.1 3.5 3.5 5.6 2.9 2.7 2.7 5.7 2.7 3.0 3.0 7.2 6.2 1.0 1.0 -9.7 -10.7 1.2 -16.6 -17.6 -17.5 -17.3 -.2 1.2 1.2 -5.5 -5.2 -.4 -.3 16.6 18.2 -1.5 -1.4 7.5 7.9 -.4 -.4 7.3 6.1 1.1 1.1 -2.7 -3.8 1.2 1.2 -10.0 -11.1 1.2 1.2 -4.5 -4.3 -.2 -.2 -9.0 -8.9 -.1 -.1 -2.0 -.5 -1.5 -1.5 -1.2 -1.0 -.2 -.3 Final sales of domestic product: Current dollars Chain-type quantity index Chain-type price index 7.9 7.8 -14.5 -14.5 .1 .1 -5.1 -5.2 .2 .2 .1 .0 -7.1 -6.0 -1.1 -1.1 -12.3 -10.9 -1.6 -1.6 -7.8 -5.8 -2.0 -2.0 -3.8 -2.4 -1.4 -1.4 Gross domestic purchases: Current dollars Chain-type quantity index 10.8 6.5 4.0 4.0 3.3 -1.7 5.0 5.0 -4.5 -8.4 4.2 4.2 2.6 2.9 -.3 -.3 -31.2 -30.1 -1.6 -1.6 -17.3 -14.2 -3.6 -3:6 -17.1 -17.6 6.9 8.2 -7.8 -6.4 -1.5 -1.5 -17.9 -16.7 -1.4 -1.4 -10.5 -9.2 -1.5 -1.5 -4.0 -2.5 -1.6 -1.6 -4.2 -2.7 -1.5 -1.5 1.1 3.3 -2.1 -2.1 4.4 .3 3.9 2.9 4.1 4.5 4.5 2.5 2.5 .1 -3.5 3.7 3.7 14.2 14.2 .0 .0 5.4 2.7 2.6 2.6 Gross private domestic investment: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 1.1 Fixed investment: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Implicit price deflator 7 Chain-type price index Implicit price deflator Gross national product: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Residential: Current dollars Chain-type quantity index Final sales to domestic purchasers: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Equipment and software: Current dollars Chain-type quantity index.... Chain-type price index Implicit price deflator Chain-type price index Implicit price deflator Structures: Current dollars Chain-type quantity index.... Chain-type price index Implicit price deflator State and local: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 5.5 1.1 4.4 4.4 4.1 .9 2.5 3.8 1.2 -6.9 15.8 6.4 4.8 1.8 -.6 10.4 10.5 -7.6 14.5 3.6 -24.8 -5.3 -20.4 3.1 28.9 -19.9 13.1 -17.7 -20.6 -20.0 -29.9 -7.8 -24.0 -24.0 2.2 -.2 2.4 2.4 2.2 2.6 -.4 -.4 -17.4 -16.1 -1.5 -1.5 -20.6 -18.6 -2.4 -2.5 -11.3 -7.9 -3.7 -3.7 -4.5 -3.4 -1.1 -1.1 18.6 15.9 2.3 2.3 iross domestic product less final sales of computers: Current dollars Chain-type quantity index Chain-type price index 8.3 6.0 2.1 2.1 -4.9 -4.0 -1.0 -1.0 -4.6 -2.5 -2.1 -2.2 -14.4 -13.9 -17.4 21.7 -13.8 -4.2 -4.2 21.7 .0 .0 15.8 10.7 4.6 4.6 iross domestic purchases less final sales of computers: Current dollars Chain-type quantity index Chain-type price index 18.3 13.2 4.5 4.5 -5.7 -2.9 -2.9 -2.9 -12.3 -6.8 -5.9 -5.9 -26.8 -11.8 -17.0 -17.1 -5.3 4.7 4.7 6.8 8.5 -1.6 -1.6 35.7 22.2 11.1 11.1 Exports of services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Final sales of computers:' Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Implicit price deflator -.6 Implicit price deflator Imports of goods and services: Imports of goods: 18.9 13.5 4.8 4.8 -6.1 -3.3 -2.9 -2.9 -15.2 -9.4 -6.4 -6.5 -15.6 -9.6 -6.6 -6.6 1. For some components of final sales of computers, includes computer parts. -14.0 -3.3 -11.1 -11.1 1.5 3.7 -2.1 -2.1 41.8 27.9 10.9 10.9 1.2 -.2 -6.6 -5.9 -.7 -.7 12.6 11.3 1.2 1.2 2.2 3.8 2.7 3.5 Exports of goods: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 17.7 14.3 3.0 3.0 -1.1 2.2 7.4 -13.1 -9.6 -3.8 -3.8 -6.1 -5.4 2.4 -.1 -.1 3.4 -18.9 -17.3 -1.9 -1.9 11.3 9.7 1.4 1.4 1.3 Disposable personal income: Current dollars -13.9 -12.4 -1.7 -1.7 Current dollars Chain-type quantity index Chain-type price index Implicit price deflator Current dollars Chain-type quantity index Chain-type price index Implicit price deflator -3.4 -.5 -2.9 -2.9 Command-basis gross national product: Chain-type quantity index Chained (1996) dollars Exports of goods and services: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 15.3 11.6 3.3 3.3 Addenda: Nonresidential: Current dollars Chain-type quantity index Chain-type price index Implicit price deflator 2002 4.9 8.5 -3.2 -3.3 4.0 6.0 -1.9 -1.9 1.3 2001 2001 Chain-type price indexes for gross domestic product: Food Energy goods and services Gross domestic product less food and energy Chain-type price indexes for gross domestic purchases: Food Energy goods and services Gross domestic purchases less food and energy 6.2 29.5 -14.4 9.1 -18.0 -21.6 -18.0 -21.6 -33.5 -19.1 -17.5 -17.8 5.9 3.5 2.3 2.3 2.8 .2 2.6 1.2 -1.4 2.7 2.6 2.7 2.6 .4 2.2 7.0 4.2 2.8 2.8 2.2 -1.0 2.0 2.0 2.3 5.0 3.1 10.1 2.9 28.7 4.2 -19.6 2.0 2.0 1.6 2.8 2.3 18.9 3.0 2.3 2.7 6.7 3.5 -21.6 1.9 1.8 1.3 -6.9 -17.7 2.6 1.2 1.4 1.4 .9 5.0 2.5 2.4 2.4 1.8 -19.8 2.3 -33.0 2.0 2.4 -10.7 -4.0 1.6 1.5 2.4 -8.7 .4 29.9 1.5 NOTE. Contributions to the percent change in real gross domestic product are shown in table 8.2. National Data D-26 Table 8.2. Contributions to Percent Change in Real Gross Domestic Product October 2002 Table 8.3. Contributions to Percent Change in Real Personal Consumption Expenditures by Major Type of Product Seasonally adjusted at annual rates 2000 2001 Seasonally adjusted at annual rates 2002 2001 2000 2001 2001 2002 IV Percent change at annual rate: Gross domestic product Percentage points at annual rates: Personal consumption expenditures Durable goods Motor vehicles and parts Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline, fuel oil, and other energy goods Other Services Housing Household operation Electricity and gas Other household operation.. Transportation Medical care Recreation Other Gross private domestic investment Fixed investment Nonresidential Structures Equipment and software Information processing equipment and software Computers and peripheral equipment Software' Other Industrial equipment Transportation equipment Other Residential Change in private inventories... Farm Nonfarm Net exports of goods and services Exports Goods Services Imports 6oods Services Government consumption expenditures and gross investment Federal National defense Consumption expenditures. Gross investment Nondefense Consumption expenditures. Gross investment State and local Consumption expenditures. Gross investment Addenda: Goods Services Structures Motor vehicle output Final sales of computers2 3.8 2.94 -1.6 -.3 2.7 5.0 1.3 .65 .17 1.67 .48 .24 .92 .42 .17 .97 .36 .13 4.05 2.45 1.88 2.22 -.55 -1.18 1.22 .16 -.03 .35 .13 .77 .37 .18 .19 .06 .39 .09 .08 .21 .04 -.07 -.08 .01 .20 .03 .25 -.14 .09 .42 .15 .73 .13 .28 .43 .20 1.57 .65 .40 .20 .00 -.02 -.09 -.03 -.02 .25 1.51 .19 .21 .05 .16 .08 .28 .10 .65 1.08 1.03 .98 .20 .78 .02 .21 .80 .17 .05 -.03 .08 -.02 .43 .08 .09 -.16 .15 .57 .18 -.18 .01 .09 .01 -.03 .04 -.11 .53 -.05 .16 .37 1.20 .22 .15 -.03 .13 .14 -.35 -.45 .10 -.04 .51 .07 .25 .87 .12 -1.90 -.65 -.66 -.05 -.61 .29 -3.09 -1.95 -1.93 -.11 -.81 -.72 -.73 -.29 -1.64 -.83 -.10 -.08 -.06 .48 .13 .38 -2.88 -1.49 -1.33 -1.12 -.21 .01 .10 .40 .04 .30 2.53 -.07 -.66 -.44 -.22 1.16 -.15 -.27 -.53 .26 .63 -.26 -.86 -.48 -.05 .25 .46 .17 .16 .30 .15 -.07 .08 .05 .06 -.02 -.02 -.22 -.07 -.23 -.04 .01 -1.24 .04 -1.28 -.18 -.18 -.15 -.53 -.34 -.24 -.19 -.02 -1.14 -32 -.83 -.42 -1.42 -1.34 -.08 1.00 1.18 -.18 -.18 -.05 -.26 -.30 -.07 .02 .02 -.09 .22 .01 -.27 .21 -.06 .10 .20 -.01 .06 -.75 1.04 .85 .19 -1.79 -1.54 -.24 .49 .08 .00 -.01 .01 .08 .07 .01 .41 .35 .06 1.74 1.77 .25 -.10 .25 -.59 -.47 -.13 .42 .40 .01 .65 .29 .19 .16 .02 .10 .08 .01 .36 .30 .07 1.00 .36 -.85 1.11 -01 -.21 .08 -2.08 .61 .10 .02 .09 .25 .20 .05 .64 .37 .27 -.12 .53 -.18 .13 .35 .10 .18 -.27 -.24 -.18 .22 -.20 -.16 -1.39 .05 .14 .10 .15 -.56 -.06 .60 2.60 .09 2.51 -.75 .33 -.23 .56 -1.43 -.28 -.99 -.56 -.42 .70 .37 .33 -1.08 -.40 -.68 -.11 -.03 -.08 -.28 .48 -.76 1.85 .80 .54 .53 .01 .26 .11 .15 1.05 .41 .64 1.04 .47 .46 .34 .12 .01 .03 -.02 .56 .25 .32 -53 .94 -.70 .31 -.04 1.52 1.75 -.54 .48 .19 2.89 -1.94 -1.49 -.45 1.70 1.17 .53 -.21 .07 .18 .10 .07 1.60 .56 .31 -.06 1.08 .21 .06 .01 .06 -.03 .51 .07 .26 .16 -.11 -.32 .23 .12 1.31 -.20 1.51 -1.40 1.29 .99 .30 -2.69 -2.74 .05 .27 .47 .32 .32 .00 .16 .10 .06 -.21 .16 -.37 .14 1.91 -.80 .25 .08 1. Excludes software "embedded," or bundled, in computers and other equipment. 2. For some components of final sales of computers, includes computer parts. NOTE. The quantity indexes on which the estimates in this table are based are shown in tables 7.1,7.2,7.4,7.6, 7.9,7.11, and 7.17. Percent change at annual rate: Personal consumption expenditures Percentage points at annual rates: Durable goods Motor vehicles and parts Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline, fuel oil, and other energy goods Gasoline and oil Fuel oil and coal Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Recreation Other Addenda: Energy goods and services' Personal consumption expenditures less food and energy. 4.4 2.5 1.4 1.5 6.0 3.1 1.8 .97 .26 .71 .35 .62 .25 .53 .19 3.56 2.72 -1.70 .23 -.05 .51 .20 1.15 .55 .26 .28 .08 .58 .13 .12 .31 .06 -.08 .30 .05 .38 -.20 .13 .62 .21 1.08 .20 .41 -.02 -.01 -.22 -.10 .26 .26 .00 .19 .54 .14 .01 -.04 .05 .10 .96 .03 .05 -.03 .30 1.17 .25 .07 -.04 .12 -.03 .64 .11 .13 .05 -.01 -.87 3.75 2.35 2.38 -.01 .36 2.23 .29 .31 .08 .23 .11 .42 .14 -.10 .02 -.13 .23 .86 .22 -50 -.65 .15 -.05 .75 .02 .44 .61 .29 2.23 .92 .57 .29 .00 -.03 -.13 -.04 -.04 -.02 -.02 .19 1.56 .30 .19 .57 .22 .21 .01 .52 1.69 .30 .21 .20 .01 .14 .56 .05 .41 .21 -.04 .42 -.03 1.44 5.81 1.78 1.94 -.16 .77 -.07 -.16 .10 .00 .37 1.33 .19 -.25 -.14 -.12 -.08 .72 .09 .01 .08 -.04 .73 .10 .37 1. Consists of gasoline, fuel oil, and other energy goods, and of electricity and gas. NOTE. The quantity indexes on which the estimates in this table are based are shown in table 7.4. The estimates in this table differ from those in table 8.2 because this table shows contributions to real personal consumption expenditures, whereas table 8.2 shows contributions to real gross domestic product. October 2002 D-27 SURVEY OF CURRENT BUSINESS Table 8.4. Contributions to Percent Change in Real Private Fixed Investment by Type Table 8.6. Contributions to Percent Change in Real Government Consumption Expenditures and Gross Investment by Type Seasonally adjusted at annual rates 200Q 2001 2001 Seasonally adjusted at annual rates 2002 2000 II Percent change at annual rate: Private fixed investment Percentage points at annual rates: Nonresidential , Structures Nonresidential buildings, including farm Utilities Mining exploration, shafts, and wells Other structures Equipment and software Information processing equipment and software Computers and peripheral equipment1 Software2 Other Industrial equipment Transportation equipment Other Residential Structures Single family Multifamily Other structures Equipment 6.1 -11.1 -4.3 -8.9 -.5 -1.0 -3.88 -11.04 -.31 -1.59 -4.42 -4.29 -2.83 -1.74 -3.44 -3.8 .59 -8.03 -6.87 .49 .31 -.95 -.01 -2.92 .24 -2.65 -.49 -3.14 -.08 -1.98 .42 -2.75 .37 .03 4.58 .48 .16 -3.57 1.13 -.05 .42 3.32 -1.28 -9.44 -5.02 -.33 -3.33 -1.16 -1.46 .02 -.01 1.70 3.70 -1.54 -.24 1.57 2.99 1.01 .92 1.77 .86 -.42 .45 .29 .26 .15 -.13 -.13 -1.27 1.36 .03 -1.63 -1.11 1.39 -1.20 -.88 1.32 -.41 .66 .95 -3.56 -.42 3.79 3.77 1.80 .62 1.35 .02 .65 1.31 5.77 1.19 -.03 .14 .03 -.43 -1.37 -.23 .07 .07 .11 .11 -.15 .00 -4.98 -2.92 -1.05 -.84 -1.08 -.28 -3.09 -1.55 -1.81 -.39 .10 .11 .11 .30 -1.99 -1.39 -1.08 -.01 -.01 .35 .06 -.42 -.01 .01 -.19 .00 -.92 -.77 .24 -.39 .04 .01 1.02 -.70 -2.06 1.48 .78 .76 .38 -.06 .43 .02 2. Excludes software "embedded," or bundled, in computers and other equipment. NOTE. The quantity indexes on which the estimates in this table are based are shown in table 7.6. The estimates in this table differ from those in table 8.2 because this table shows contributions to real private fixed, investment, whereas table 8.2 shows contributions to real gross domestic product.. Table 8.5. Contributions to Percent Change in Real Exports and in Real Imports of Goods and Services by Type of Product Seasonally adjusted at annual rates 2000 Percent change at annual rate: Exports of goods and services... Percentage points at annual rates: Exports of goods' Foods, feeds, and beverages Industrial supplies and materials Capital goods, except automotive Automotive vehicles, engines, and parts Consumer goods, except automotive Other Exports of services' Percent change at annual rate: Imports of goods and services.. Percentage points at annual rates: Imports of goods' Foods, feeds, and beverages Industrial supplies and materials, except petroleum and products Petroleum and products Capital goods, except automotive Automotive vehicles, engines, and parts Consumer goods, except automotive Other Imports of services' 9.7 7.94 .27 1.48 4.79 2001 2001 2002 -17.3 -9.6 3.5 14.3 -4.23 -11.86 -13.36 -.01 -.55 .13 -.58 -1.37 -1.23 -3.21 -11.34 -8.87 -5.45 .82 .39 -5.94 -2.43 .08 -.47 -1.79 10.92 -5.4 -12.4 -.61 2.84 4.48 .45 -.47 1.39 .02 -1.10 -.25 2.73 .81 .15 -.07 -.03 -.28 -.25 -.54 -2.06 -.67 -.46 .83 -.67 .67 •9o .54 3.36 1.79 -1.14 -3.89 -4.18 5.89 -11.8 -5.3 8.5 -7.97 .73 -2.76 -.25 3.24 .18 .68 -1.25 2.40 22.2 -6.8 13.2 -2.9 11.39 .24 .83 .42 4.65 -2.78 .14 -.45 .27 -2.73 1.23 -.41 3.33 .70 1.81 .33 .07 -8.05 .25 -2.25 .56 -9.18 -.15 .27 .11 -2.40 -5.25 -1.40 1.02 .22 -1.47 -.52 2.07 1.29 -1.29 -.62 .86 -2.54 -.09 -3.79 22.25 .41 1.38 2.13 3.77 5.21 2.42 -2.16 5.31 7.03 2.32 -.10 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment were reclassified from goods to services. NOTE. The quantity indexes on which the estimates in this table are based are shown in table 7.10. The estimates in this table differ from those in table 8.2 because this table shows contributions to real exports and to real imports, whereas table 8.2 shows contributions to real gross domestic product. Because imports are subtracted in the calculation of gross domestic product, the contributions of components of real imports have opposite signs in this table and in table 8.2. Percent change at annual rate: Government consumption expenditures and gross investment' Percentage points at annual rates: Federal National defense Consumption expenditures Durable goods2 Nondurable goods Services Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4 . .. Other services Gross investment Structures Equipment and software Nondefense Consumption expenditures Durable goods 2 Nondurable goods Services Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4 Other services Gross investment Structures Equipment and software State and local Consumption expenditures Durable goods2 Nondurable goods Services Compensation of general government employees, except own-account investment3 Consumption of general government fixed capital4 Other services Gross investment Structures Equipment and software 2002 2001 2001 III IV I II 2.7 3.7 5.6 -1.1 10.5 5.6 1.4 .43 1.61 1.06 .92 .09 .03 .80 2.00 .59 .11 .40 .28 -.57 .39 -.01 -.08 .00 .03 -.11 .97 .57 .43 -.01 .14 4.49 3.01 2.94 -.45 .34 3.04 2.53 2.46 1.81 .13 .04 1.65 2.52 1.68 1.69 .03 .03 1.63 -03 05 -05 -04 09 30 36 .00 -.08 .07 -.01 .08 .44 .40 .01 -.01 .40 -.01 .76 .14 -.01 .14 .55 .47 .01 .13 .34 -.01 -.51 .48 -.01 .49 1.41 1.12 -.01 .43 .69 .00 .18 .40 -.10 .50 -.57 -.16 .00 -.48 .32 .00 2 94 .08 .13 -.06 1.48 .63 .02 .10 .51 .01 1.34 .65 -.12 .77 .07 .16 .01 .07 .08 .02 1 25 -.01 .05 -.07 .84 .52 .00 .22 .29 17 -.03 06 09 -05 11 -04 .14 .10 .04 -.08 .12 2.29 1.97 .07 .42 1.48 .11 .26 .08 -.04 .11 2.05 1.66 .06 .36 1.24 .11 .53 .29 -.24 .53 3.62 2.11 .07 .38 1.66 .10 .13 -.41 .03 -.44 -1.51 2.63 .06 .27 2.30 .12 .44 .85 38 .46 5.98 2.43 .07 .34 2.02 .11 -.14 -.10 34 -.43 3.03 1.33 .06 .24 1.03 .11 .22 32 -25 .57 -1.10 .84 .04 .17 .63 .75 .79 1.21 1.85 1.28 .50 .36 .28 .45 .32 .10 .23 .24 .21 .39 .23 .16 .25 21 1.51 1.30 .22 .24 22 -4.14 -4.34 .20 .26 48 3.56 3.61 -.06 .27 26 1.70 1.95 -.25 .20 08 -1.94 -1.87 -.07 1. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2 C t i pdit f durable d b l goods d excludes l d expenditures dit l i f i d as investment, except for 2. Consumption expenditures for classified goods transferred to foreign g countries by y the Federal Government. 3. Compensation of government employees engaged in new own-account investment and related expenditures for goods and services are classified as investment in structures and in software. 4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on these assets. NOTE. The quantity indexes on which the estimates in this table are based are shown in table 7.11. The estimates in this table differ from those in table 8.2 because this table shows contributions to real government consumption expenditures and gross investment, whereas table 8.2 shows contributions to real gross domestic product. National Data D-28 October 2002 Table 8.7. Selected Per Capita Product and Income Series in Current and Chained Dollars [Dollars] Seasonally adjusted at annual rates Current dollars: Gross domestic product Gross national product ** Personal income ,.,.... Disposable personal income Personal consumption expenditures Durable goods Nondurable goods Services Chained (1996) dollars: Gross domestic product Gross national product Disposable personal income Personal consumption expenditures Durable goods Nondurable goods Services Population (mid-period, thousands) 2000 2001 2001 34,779 34,862 29,759 25,205 23,660 2,846 6,984 13,830 35,264 35,340 30,378 25,859 24,438 2,924 7,140 14,375 35,211 35,320 30,398 25,717 24,385 2,874 7,164 14,346 35,262 35,303 30,403 26,275 24,388 2,877 7,139 14,372 35,343 35,465 30,288 25,729 24,715 3,072 7,117 14,526 35,803 35,809 30,562 26,616 24,906 2,982 7,239 14,685 35,919 35,850 30,854 26,953 25,112 2,966 7,297 14,848 32,537 32,625 23,471 22,032 3,111 6,492 12,477 282,489 32,229 32,309 23,602 22,305 3,259 6,540 12,574 285,908 32,209 32,318 23,456 22,241 3,197 6,525 12,576 285,418 32,080 32,127 23,970 22,248 3,222 6,524 12,563 286,360 32,195 32,316 23,424 22,501 3,453 6,562 12,589 287,272 32,505 32,520 24,166 22,613 3,388 6,670 12,644 288,051 32,511 32,457 24,307 22,646 3,395 6,649 12,690 288,897 2002 Table 8.8B. Motor Vehicle Output Table 8.9B. Real Motor Vehicle Output [Billions of dollars] [Billions of chained (1996) dollars] Seasonally adjusted at annual rates Seasonallyadjusted at annual rates 2000 2001 2001 2000 2001 Motor vehicle output Auto output Truck output' Final sales of domestic product Personal consumption expenditures New motor vehicles Autos Light trucks Net purchases of used autos Private fixed investment New motor vehicles Autos Trucks Light trucks Other Net purchases of used autos Gross government investment Autos New trucks Net exports Exports Autos Trucks Imports Autos Trucks Change in private inventories Autos New Domestic Foreign Used New trucks Domestic Foreign 336.5 122.2 213.7 330.8 315.9 113.4 202.0 333.9 312.2 113.6 198.2 321.9 320.2 116.8 203.0 321.0 332.6 117.0 214.9 370.2 340.5 119.8 220.0 328.7 347.2 117.3 229.0 324.3 269.0 208.3 107.0 101.2 60.4 149.1 186.8 78.3 290.0 278.1 216.2 104.4 280.9 219.7 295.9 239.1 106.8 295.8 234.9 105.8 111.5 117.0 60.8 125.2 161.4 70.4 324.8 267.5 119.3 147.6 56.9 126.7 108.6 77.1 31.7 -37.5 13.2 3.7 9.5 -99.4 24.9 16.2 94.0 72.0 22.4 -36.7 .9 3.3 2.6 .8 103.7 18.2 -15.9 -6.2 -6.8 -7.6 .7 .6 -8.8 -8.3 -.5 Residual Addenda: Final sales of motor vehicles to domestic purchasers Private fixed investment in new autos and new light trucks Domestic output of new autos2 Sales of imported new autos3 -1.0 -3.9 431.1 155.2 118.1 85.4 2002 2001 2002 II Motor vehicle output Auto output Truck output' Final sales of domestic product... Personal consumption expenditures New motor vehicles Autos Light trucks Net purchases of used autos.. Private fixed investment New motor vehicles Autos Trucks Light trucks Other Net purchases of used autos.. Gross government investment.. Autos New trucks Net exports Exports Autos Trucks Imports Autos Trucks Change in private inventories Autos New Domestic Foreign Used New trucks Domestic Foreign Addenda: Final sales of motor vehicles to domestic purchasers Private fixed investment in new autos and new light trucks Domestic output of new autos 2 . Sales of imported new autos \... 335.4 118.8 216.5 329.2 312.0 307.9 109.6 202.4 329.3 110.1 197.9 317.1 315.6 112.5 203.2 316.1 327.7 112.7 215.0 364.4 267.5 208.1 288.4 227.8 105.9 276.8 214.7 102.4 278.3 217.4 100.0 322.6 266.2 290.6 117.2 105.5 102.6 59.4 121.8 60.6 150.0 186.6 127.7 112.3 60.9 149.0 56.4 125.7 114.9 159.9 68.9 91.1 68.4 22.7 -35.7 159.3 65.8 147.5 62.5 85.0 64.0 117.3 164.2 70.6 93.6 70.2 23.4 -36.5 13.4 3.8 13.7 3.8 13.7 4.0 13.3 4.0 9.6 9.9 9.7 9.3 -99.8 26.9 -100.5 -101.0 25.7 25.4 26.1 17.7 17.8 16.7 7.6 8.0 9.4 125.9 126.7 127.8 109.2 106.7 107.5 19.2 19.2 18.6 -9.2 6.1 -17.3 -6.1 2.1 -3.1 -6.7 -3.5 1.2 -3.4 -7.4 .7 -.1 .7 .6 .4 .6 .9 4.1 -11.3 -6.1 -10.7 -5.5 3.2 -.5 -.6 235.1 124.3 109.5 76.5 33.0 -36.6 -101.7 114.1 217.7 320.4 104.1 131.0 55.5 62.1 127.7 165.2 72.1 93.1 69.5 23.6 -37.6 77.1 331.8 93.5 71.2 22.3 -33.5 14.2 4.0 10.2 21.0 -32.6 13.7 4.1 9.7 334.7 110.3 224.4 312.6 287.5 228.8 102.2 126.6 58.7 119.9 155.1 66.4 88.7 65.7 23.0 -35.2 12.7 3.7 18.9 7.4 124.4 103.7 20.7 -36.7 -12.4 25.9 18.6 7.4 124.8 9.0 -107.5 28.3 20.6 7.7 135.8 105.7 116.6 19.1 19.2 22.1 10.5 10.4 6.9 .2 .5 3.8 2.4 9.1 -1.1 -.9 -.2 -12.9 -13.5 .6 .5 -24.4 -23.7 -.7 11.4 7.6 7.1 19.3 7.5 126.6 105.6 21.0 -.4 .7 .2 -7 .8 .5 -98.1 26.4 -98.9 1.3 .1 11.6 1.4 11.6 .1 430.9 429.8 418.1 415.8 462.5 419.3 420.1 153.6 117.4 84.2 140.8 107.3 141.6 107.9 83.5 137.3 136.9 106.0 87.0 126.5 111.2 81.6 132.1 115.8 82.3 82.9 109.1 80.5 1. Except for exports and imports, consists of new trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of personal consumption expenditures, private fixed investment, and gross government investment. 8.7 124.2 106.5 17.8 5.7 2.1 1.2 .7 .5 229.2 108.0 120.9 60.4 129.1 165.8 71.9 13.7 3.7 10.0 -97.8 24.0 17.2 7.0 121.8 61.6 129.9 167.6 73.5 94.2 71.7 22.9 -37.6 13.7 3.9 9.8 -98.7 24.3 17.1 7.3 123.0 104.8 18.2 -8.4 102.3 91.1 69.6 21.8 -36.1 13.3 3.9 9.4 -97.3 25.4 18.6 6.9 122.7 102.9 161.0 67.0 94.1 73.7 21.0 -34.2 14.2 3.9 10.3 -94.9 24.9 18.2 6.8 119.8 100.2 19.6 -33.5 131.8 56.5 115.8 149.6 64.1 85.6 66.3 19.7 -33.7 13.6 3.9 128.7 60.5 121.7 158.7 68.7 90.1 69.1 21.4 -37.0 12.7 3.5 9.8 9.2 -95.7 -104.3 24.4 26.6 17.8 19.7 6.7 7.0 120.1 130.9 -.9 -.7 -.2 -18.8 -18.0 -.7 102.1 18.0 10.2 7.8 7.2 7.1 .2 .5 2.8 1.7 1.3 -2.9 -1.4 -6.5 .1 2.0 432.5 421.5 419.2 465.4 425.2 430.0 143.8 108.4 84.6 145.1 139.9 108.8 85.5 110.6 82.2 140.5 107.5 88.0 130.4 112.7 83.7 137.6 118.1 -3.1 -3.6 -3.5 -.1 .4 -4.8 ^.3 -.5 19.8 -.4 .7 .2 -.7 .8 .5 -12.7 -13.2 -14.0 .6 .5 112.9 18.0 20.1 10.8 10.7 9.5 1.2 .1 8.7 8.6 .1 85.1 1. Except for exports and imports, consists of new trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of personal consumption expenditures, private fixed investment, and gross government investment. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines, excluding the lines in the addenda. Chain-type quantity indexes for the series in this table are shown in table 7.18B. October 2002 D-29 SURVEY OF CURRENT BUSINESS Table 8.30. Contributions to Percent Change in the Gross Domestic Purchases Price Index Seasonally adjusted at annual rates 2000 Percent change at annual rate: Gross domestic purchases Percentage points at annual rates: Personal consumption expenditures Durable goods -.. Motor vehicles and parts Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline, fuel oil, and other energy goods Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Recreation Other Gross private domestic investment Fixed investment Nonresidential ..... Structures Equipment and software Information processing equipment and software Computers and peripheral equipment Software'. Other Industrial equipment Transportation equipment Other equipment Residential ..... Change in private inventories Farm Nonfarm Government consumption expenditures and gross investment.. Federal National defense Consumption expenditures Gross investment Nondefense Consumption expenditures Gross investment State and local Consumption expenditures Gross investment Addenda: Final sales of computers2 Gross domestic purchases less final sales of computers Food Energy goods and services.. Gross domestic purchases less food and energy 2.5 1.9 1.7 -.2 1.67 1.34 -.16 .01 -.17 .01 .29 .28 -.06 1.23 -.27 -.04 -.22 -.03 -.21 -.05 -.14 .01 -.14 -.01 .72 .22 -.04 .42 .12 1.08 .30 .07 .08 -.01 .01 .29 .09 .32 .18 .19 .01 .12 -.11 -.14 -.13 .02 -.03 .01 .02 .01 .18 -.01 .00 -.01 .66 .18 .11 .11 .00 .06 .06 .01 .49 .41 .07 -.21 2.72 .22 .63 1.65 1. Excludes software "embedded," or bundled, in computers and other equipment. 2. For some components of final sales of computers, includes computer parts. NOTE. The price indexes on which the estimates in this table are based are shown in tables 7.1,7.2,7.4,7.6, and 7.11. 2001 2001 -.06 .12 1.21 .37 .15 .15 .00 .05 .37 .08 .19 .19 .19 .02 .15 -.14 -.16 -.17 .03 -.03 .01 -.01 .02 .17 .00 .00 .00 .41 .10 .06 .07 .00 .04 .04 .00 .31 .26 .05 -.27 2.21 .28 .09 1.57 -.01 .58 .25 -.18 .34 .16 .93 .42 -.05 .00 -.04 .03 .34 .11 .07 .13 -.16 -.01 -.27 .33 -.15 -.65 .20 .44 .41 -.08 .19 -.13 .04 -.02 .06 .06 .01 -.08 -.03 2002 .55 -.12 .04 -.15 -.01 -.69 .22 -.07 -.93 .08 1.37 .44 -.13 -.24 .11 .02 .46 .07 .52 -.04 -.02 .01 -.13 .13 -.12 -.14 -.01 -.12 -.20 -.14 .04 -.04 .02 -.02 .02 .19 -.06 .00 -.06 .32 .09 .05 .04 .00 .05 .04 .01 .23 .20 .03 -.14 -.03 -.02 .00 .06 .10 -.05 .00 -.05 -.06 .03 .02 .03 .00 .01 .01 .16 -02 .00 -02 -.06 -.03 -.04 -.02 -.02 .01 .01 .00 -.04 -.08 .05 -.24 1.92 .26 .26 1.17 -.24 .07 .33 -1.00 .50 -.23 .68 .22 -1.52 1.74 .01 .01 .00 -.09 -.10 -.18 -.05 -.13 -.16 -.14 .00 -.02 .00 .01 .02 1,2 2.3 .74 -.35 -.13 -.20 -.02 .05 .23 -.06 1.83 -.23 -.17 .05 1.05 .42 -.05 -.10 .05 .07 .23 .06 .33 -.22 -.22 -.22 -.10 -.12 -.11 -.10 .00 -.01 -.01 .00 .01 .00 .00 .00 .00 .64 .50 .28 .29 -.01 .22 .23 .00 .13 .13 .00 -.19 1.35 .23 -.32 1.25 -.10 -.12 -.01 .89 .05 -.04 .72 . .16 1.18 .33 .00 .03 -.03 .11 .27 .11 .35 -.06 -.03 -.15 .02 -.17 -.13 -.06 -.05 -.02 -.01 -.03 -.01 .11 -.03 .00 -.03 .51 .15 .08 .08 .00 .06 .07 .00 .36 .33 .03 -.11 2.39 .04 .93 1.31 October 2002 D-30 B. Other NIPA and NIPA-Related Tables Monthly Estimates Tables B.I and B.2 include the most recent estimates of personal income and its components; these estimates were released on September 30, 2002, and they include "preliminary" estimates for August 2002 and "revised" estimates for January-July 2002. Table B.1. Personal Income [Billions of dollars; monthly estimates seasonally adjusted at annual rates] 2002 2001 2000 2001 Mayr June' 8,406.6 8,685.3 8,710.1 8,701.0 8,707.5 8,685.2 8,686.7 8,730.9 8,766.8 8,807.2 8,836.3 8,869.2 8,906.0 8,966.0 8,968.6 9,001.6 4,836.3 4,067.4 1,163.7 829.4 1,094.8 1,808.9 768.9 4,950.6 4,139.8 1,142.4 789.4 1,109.2 1,888.2 810.8 4,962.9 4,149.2 1,144.0 788.1 1,117.3 1,887.8 813.7 4,952.3 4,136.1 1,139.9 782.9 1,112.0 1,884.2 816.2 4,946.1 4,124.6 1,136.2 779.1 1,103.1 1,885.4 821.5 4,923.5 4,100.2 1,125.0 772.9 1,097.3 1,877.8 823.3 4,922.3 4,097.6 1,121.7 768.6 1,096.1 1,879.8 824.6 4,948.6 4,120.8 1,123.0 768.2 1,102.4 1,895.4 827.8 4,941.0 4,104.7 1,115.2 759.1 1,103.6 1,885.9 836.3 4,956.9 4,116.0 1,116.1 759.0 1,109.6 1,890.3 840.9 4,975.4 4,131.4 1,119.4 760.2 1,117.1 1,894.8 844.1 4,972.7 4,126.9 1,116.4 759.1 1,113.2 1,897.4 845.8 4,990.1 4,141.8 1,117.1 760.6 1,118.1 1,906.6 848.3 5,028.0 4,177.1 1,123.1 764.7 1,126.6 1,927.4 851.0 5,013.8 5,037.6 4,160.7 4,181.0 1,116.9 1,120.5 759.4 759.9 1,120.4 1,124.3 1,923.4 1,936.3 853.2 856.6 Other labor income 544.2 570.4 571.0 572.3 573.8 574.7 576.2 577.9 586.1 590.7 595.5 599.8 603.9 608.5 612.6 617.2 Proprietors' income with IVA and CCAdj... Farm Nonfarm 714.8 22.6 692.2 727.9 19.0 708.8 729.3 19.1 7.10.2 732.1 19.3 712.8 735.9 19.4 716.4 727.8 19.1 708.7 729.4 19.2 710.2 736.8 19.4 717.4 743.3 20.8 722.4 750.0 21.8 728.2 751.9 22.5 729.4 751.4 14.0 737.4 746.0 5.1 740.9 745.1 3.3 741.7 755.2 9.1 746.2 762.4 13.3 749.1 Personal income... Wage and salary disbursements Private industries Goods-producing industries Manufacturing Distributive industries Service industries Government July Aug. Sep. Oct. Nov. Dec. Jan.r Feb.r Marchr Aprilr Julyr Aug. Rental income of persons with CCAdj.. 146.6 137.9 137.8 141.1 143.5 141.0 139.6 137.3 139.4 141.3 143.2 148.3 153.5 158.7 152.8 142.8 Personal dividend income 375.7 409.2 408.8 411.0 413.1 415.1 417.2 419.6 421.8 423.8 425.5 428.0 430.3 432.7 435.0 437.3 Personal interest income 1,077.0 1,091.3 1,090.4 1,086.5 1,082.3 1,074.7 1,072.2 1,071.9 1,070.9 1,069.9 1,069.0 1,075.7 1,082.3 1,088.9 1,088.0 1,087.1 Transfer payments to persons Old-age, survivors, disability, and health insurance benefits 1,070.3 1,170.4 1,183.1 1,178.7 1,185.7 1,200.3 1,201.9 1,212.9 1,243.5 1,255.0 1,257.6 1,275.0 1,282.9 1,289.9 1,296.1 1,303.7 617.2 664.3 672.7 668.2 669.3 670.3 673.5 678.2 688.7 693.2 688.6 695.1 696.3 697.4 699.2 702.0 20.5 31.9 33.3 31.2 34.9 41.8 39.0 42.3 48.1 52.6 56.2 63.5 67.7 70.8 71.3 74.2 432.5 474.2 477.1 479.3 481.6 488.2 489.4 492.4 506.7 509.1 512.8 516.4 518.9 521.7 525.6 527.4 358.4 372.3 373.3 373.0 372.9 371.9 372.1 374.0 379.2 380.4 381.8 381.8 383.1 385.7 385.0 386.6 Government unemployment insurance benefits Other Less: Personal contributions for social insurance "Preliminary. ' Revised. Revisions include changes to series affected by the introduction of revised wage and salary estimates for the first quarter of 2002. CCAdj Capital consumption adjustment. IVA Inventory valuation adjustment. Source: U.S. Bureau of Economic Analysis. Table B.2. The Disposition of Personal Income [Monthly estimates seasonally adjusted at annual rates] 2001 2000 2002 2001 July Aug. Sep. Oct. Nov. Dec. Jan.r Feb.r March' Aprilr May' Juner Julyr Aug Billions of dollars, unless otherwise indicated Personal income 8,406.6 8,685.3 8,710.1 8,701.0 8,707.5 8,685.2 8,686.7 8,730.9 8,766.8 8,807.2 8,836.3 8,869.2 8,906.0 8,966.0 8,968.6 Less: Personal tax and nontax payments 1,286.4 1,292.1 1,248.2 1,106.7 1,190.9 1,312.7 1,304.5 1,312.0 1,140.1 1,136.1 1,134.0 1,127.4 1,125.4 1,128.7 1,118.4 1,117.0 Equals: Disposable personal income 7,120.2 7,393.2 7,461.8 7,594.?l 7,516.6 7,372.4 7,382.2 7,418.9 7,626.7 7,671.1 7,702.2 7,741.7 7,780.6 7,837.4 7,850.2 7,884.6 Less: Personal outlays Personal consumption expenditures.. Durable goods Nondurable goods Services Interest paid by persons Personal transfer payments to the rest of the world (net) Equals: Personal saving 9,001.6 6,918.6 7,223.5 7,237.2 7,256.2 7,172.6 7,346.9 7,316.9 7,325.1 7,355.7 7,408.9 7,424.3 7,464.1 7,467.9 7,501.8 7,577.5 7,602.3 6,683.7 803.9 1,972.9 3,906.9 6,987.0 835.9 2,041.3 4,109.9 6,997.6 830.2 2,045.9 4,121.5 7,017.8 832.6 2,043.2 4,142.0 6,935.8 809.2 2,043.9 4,082.8 7,114.5 913.2 2,046.4 4,154.9 7,087.4 878.4 2,036.1 4,172.8 7,097.9 856.2 2,050.7 4,191.0 7,130.6 853.6 2,074.1 4,202.8 7,186.8 863.5 2,089.1 4,234.2 7,205.3 859.8 2,092.1 4,253.4 7,242.7 868.2 2,110.9 4,263.5 7,244.6 845.2 2,101.9 4,297.4 7,276.7 857.4 2,111.7 4,307.6 7,351.2 902.0 2,118.0 4,331.3 7,374.9 914.2 2,122.3 4,338.3 205.4 29.5 205.4 31.1 207.8 31.8 206.7 31.8 204.9 31.8 201.8 30.6 198.9 30.6 196.7 30.6 193.7 31.5 190.6 31.5 187.6 31.5 189.4 31.9 191.3 31.9 193.2 31.9 194.3 31.9 195.4 31.9 201.5 169.7 224.6 338.0 344.0 25.5 65.3 93.8 271.0 262.2 277.9 277.7 312.7 335.6 272.8 282.3 6,630.3 6,748.0 6,796.5 6,917.5 6,878.2 6,706.9 6,718.7 6,761.9 6,938.8 6,965.7 6,978.3 6,983.3 7,020.1 7,062.8 7,064.6 7,079.1 25,205 23,471 25,859 23,602 26,087 23,761 26,520 24,156 26,219 23,992 25,688 23,369 25,697 23,388 25,801 23,517 26,500 24,110 26,632 24,183 26,715 24,204 26,825 24,197 26,932 24,300 27,101 24,422 27,115 24,401 27,202 24,423 282,489 285,908 286,032 286,362 286,687 286,999 287,277 287,539 287,798 288,044 288,312 288,605 288,893 289,192 289,518 289,853 6,223.9 878.9 1,833.8 3,524.5 107.39 6,377.2 931.9 1,869.8 3,594.9 109.56 6,373.7 925.9 1,872.1 3,593.9 109.79 6,392.3 932.6 1,875.3 3,603.4 109.78 6,346.9 909.4 1,857.4 3,595.1 109.28 6,472.3 1,026.5 1,873.5 3,608.7 109.92 6,450.3 987.1 1,877.2 3,614.7 109.88 6,469.3 962.4 1,904.4 3,626.3 109.72 6,487.4 963.6 1,920.5 3,627.3 109.92 6,526.0 982.9 1,926.1 3,644.0 110.13 6,528.1 981.2 1,917.5 3,655.2 110.38 6,533.2 992.5 1,915.9 3,653.2 110.86 6,536.6 966.3 1,919.7 3,672.4 110.83 6,557.5 983.2 1,926.9 3,672.9 110.97 6,615.5 1,036.7 1,931.3 3,684.0 111.12 6,621.5 1,051.8 1,931.0 3,678.8 111.38 2.8 2.3 3.0 4.5 4.6 0.3 0.9 1.3 3.6 3.4 3.6 3.6 4.0 4.3 3.5 3.6 8.0 3.3 0.3 -0.1 0.1 -0.3 0.0 0.5 0.4 0.5 0.3 0.4 0.4 0.7 0.0 3.8 1.8 1.6 1.6 1.8 1.8 -1.0 -0.6 -1.9 -2.5 0.1 0.2 0.5 0.6 2.8 2.6 0.6 0.4 0.4 0.2 0.5 0.1 0.5 0.5 0.7 0.6 0.2 0.0 0.4 0.2 4.5 2.5 0.2 0.2 0.3 0.3 -1.2 -0.7 2.6 2.0 -0.4 -0.3 0.1 0.3 0.5 0.3 0.8 0.6 0.3 0.0 0.5 0.1 0.0 0.1 0.4 0.3 1.0 0.9 0.3 0.1 Addenda: Disposable personal income: Billions of chained (1996) dollars 1 Per capita: Current dollars Chained (1996 dollars) Population (thousands) 2 Personal consumption expenditures: Billions of chained (1996) dollars Durable goods Nondurable goods Services Implicit price deflator, 1996=100 Personal saving as percentage of disposable personal income Percent change from preceding period, monthly changes at monthly rates Personal income, current dollars.. Disposable personal income: Current dollars Chained (1996) dollars Personal consumption expenditures: Current dollars Chained (1996) dollars 7.0 4.4 "Preliminary. Revised. Revisions include changes to series affected by the introduction of revised wage and salary estimates for the first quarter of 2002. 1. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures. 2. Population is the total population of the United States, including the Armed Forces overseas and the institutionalized population. The monthly estimate is the average of estimates for the first of the month and the first of the following month; the annual estimate is the average of the monthly estimates. Estimates for January 1991 through June 2000 are interpolations between Bureau of the Census population estimates for 1990 and for 2000; estimates for July 2000 forward are BEA extrapolations. BEA will substitute Bureau of the Census population estimates for 1991 forward when they are released. Source: U.S. Bureau of Economic Analysis. October 2002 D-31 SURVEY OF CURRENT BUSINESS Annual Estimates Except as noted for table B.3 below, these tables are derived from the NIPA tables that were published in the August and September 2002 issues of the SURVEY OF CURRENT BUSINESS, and the estimates reflect the most recent comprehensive and annual NIPA revisions. Table B.3. Gross Domestic Product by Industry, Current-Dollar and Real Estimates for 1998-2000 Billions of dollars 1998 1999 2000 1999 2000 8,781.5 9,268.6 9,872.9 8,508.9 8,856.5 9,224.0 7,678.2 8,116.9 8,656.5 7,490.6 7,852.7 8,177.6 Agriculture, forestry, and fishing Farms Agricultural services, forestry, and fishing 128.0 80.6 127.2 74.3 135.8 79.0 145.5 100.3 153.4 106.0 166.3 120.5 47.4 53.0 56.7 44.4 46.7 47.3 Mining Metal mining Coal mining Oil and gas extraction Nonmetallic minerals, except fuels 100.2 5.4 10.7 72.8 103.3 5.0 10.6 76.2 127.1 4.9 10.1 99.5 119.7 7.7 11.9 89.4 112.0 8.2 13.5 79.8 95.2 7.4 13.5 63.4 11.3 11.5 12.6 10.9 10.9 12.4 Construction 380.8 425.5 463.6 348.9 370.0 379.3 1,431.5 830.7 41.9 24.3 1,496.8 865.7 46.3 26.0 1,566.6 901.7 44.4 26.7 1,444.3 892.9 40.1 22.9 1,532.1 965.1 43.0 23.9 1,594.6 1,034.1 44.1 24.4 39.7 57.4 99.6 236.0 Gross domestic product Private industries Billions of dollars Billions of chained (1996) dollars 1998 Transportation services.... Communications Telephone and telegraph.. Radio and television Electric, gas, and sanitary services Wholesale trade.. Manufacturing Durable goods 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 electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries Nondurable goods Food and kindred products.... Tobacco products Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastics products Leather and leather products Transportation and public utilities ... Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines, except natural gas 38.7 53.1 101.7 42.5 50.2 107.6 43.9 52.9 108.7 36.6 54.5 96.5 38.4 57.2 98.4 158.6 157.3 167.6 195.8 214.4 159.2 111.5 165.5 118.9 181.2 120.2 210.8 111.6 255.8 114.7 327.7 116.9 58.4 64.5 62.7 56.7 61.2 55.2 57.5 58.8 64.2 49.0 48.2 48.1 25.9 600.8 121.8 17.3 25.8 28.3 631.0 132.9 18.9 25.5 29.1 664.8 137.0 22.3 24.7 24.9 555.5 112.1 11.9 24.1 26.9 574.0 117.3 6.3 23.6 27.7 574.0 118.2 6.2 24.1 26.0 55.7 95.6 164.8 32.9 24.3 58.0 102.7 175.1 30.4 23.6 59.9 105.5 191.1 36.5 25.2 56.2 85.6 155.2 26.4 22.6 57.3 88.1 168.7 34.4 22.5 50.0 86.6 184.2 25.5 56.8 4.1 59.3 3.9 60.2 4.0 55.6 3.8 58.2 3.7 732.0 288.7 24.3 776.8 302.7 23.2 825.0 313.9 22.9 683.1 257.9 22.8 737.2 268.6 22.5 16.8 114.1 13.6 85.8 6.1 17.6 122.0 13.7 90.2 6.1 18.7 126.0 14.8 93.0 6.2 15.5 95.5 13.2 76.8 6.4 16.6 100.3 11.8 80.9 6.4 Finance, insurance, and real estate Depository institutions Nondepository institutions Security and commodity brokers Insurance carriers Insurance agents, brokers, and service Real estate Nonfarm housing services Other real estate Holding and other investment offices Services Hotels and other lodging places Personal services Business services Auto repair, services, and parking Miscellaneous repair services Motion pictures Amusement and recreation services Health services Legal services Educational services Social services Membership organizations Other services Private households Statistical discrepancy1 59.8 Government 3.9 Federal 781.5 General government , Government enterprises.. 281.1 23.2 State and local 18.2 General government 105.7 Government enterprises.. 11.7 85.0 Not allocated by industry2 6.4 1. The current-dollar statistical discrepancy equals gross domestic product (GDP) measured as the sum of expenditures less gross domestic income—that is, GDP measured as the costs incurred and profits earned in domestic production. The chained (1996) dollar statistical discrepancy equals the current-dollar statistical discrepancy deflated by the implicit price deflator for gross domestic business product. 2. Equals GDP in chained (1996) dollars less the statistical discrepancy and the sum of GDP by industry of the detailed industries. The value of not allocated by industry reflects the nonadditivity of chained-dollar estimates Retail trade 1999 Billions of chained (1996) dollars 2000 28.0 238.5 179.4 59.1 29.9 258.5 196.4 62.1 32.3 281.1 208.9 72.2 204.8 215.6 230.0 607.9 633.5 674.1 790.4 834.9 893.9 1,708.5 300.0 52.8 143.9 150.2 1,810.6 325.6 53.7 138.8 158.3 56.4 981.6 718.7 262.9 65.4 1,051.2 764.4 286.8 1998 1999 2000 27.8 231.2 181.3 50.3 29.8 256.5 208.0 50.3 30.6 283.9 232.5 54.1 193.7 212.9 217.9 663.3 688.8 708.4 800.0 843.7 905.7 1,936.2 366.5 59.0 144.2 167.7 1,622.1 256.5 57.3 163.2 135.1 1,713.5 268.1 60.6 210.0 135.2 1,809.5 288.2 66.8 290.7 131.1 67.3 1,116.3 810.5 305.8 51.8 944.9 677.2 268.9 58.9 986.2 701.3 286.6 60.1 1,018.3 721.1 299.3 23.4 17.6 15.4 15.4 10.6 7.4 1,829.9 73.5 57.0 439.8 1,980.9 80.4 57.4 502.6 2,164.6 86.5 60.4 571.7 1,699.0 63.3 53.7 410.7 1,774.8 64.8 52.6 452.5 1,865.2 67.3 53.5 490.9 81.0 24.4 29.1 88.1 25.2 32.0 93.9 26.7 34.9 75.1 21.6 28.2 80.6 20.2 29.2 83.7 19.6 30.0 70.1 491.1 116.7 67.5 57.6 53.6 254.5 14.0 75.1 516.3 123.0 72.1 61.8 58.3 275.9 12.7 80.8 546.8 133.5 78.6 67.5 63.5 306.2 65.1 460.9 107.3 61.1 52.3 48.3 238.6 68.3 470.5 110.4 62.4 53.7 48.3 250.7 69.5 485.4 115.6 64.6 55.5 49.6 269.3 -31.0 -72.7 1,103.3 1,151.7 359.9 298.6 61.3 369.7 308.1 61.6 743.4 681.2 62.2 782.0 716.6 65.4 13.6 13.3 11.7 12.0 -130.4 -30.1 -69.9 -123.0 1,216.4 1,047.3 1,060.7 1,085.4 387.0 323.8 63.2 829.5 760.4 69.1 347.6 286.2 61.5 699.7 642.5 57.3 346.5 285.8 714.0 653.5 60.5 353.0 290.1 63.1 732.2 669.0 63.2 -48.9 -110.6 -170.7 and the differences in source data used to estimate real GDP by industry and the expenditures measure of real GDP. NOTE. Estimates are based on the 1987 Standard Industrial Classification. The table is derived from tables 1 and 6 in "Gross Domestic Product by Industry for 1998-2000" in the November 2001 SURVEY. This table corrects errors in the current-dollar estimates for total "Services" for 1998-2000 that were in table 1. National Data D-32 October 2002 Table B.4. Personal Consumption Expenditures by Type of Expenditure Billions of chained (1996) dollars Billions of dollars 1999 2000 2001 1999 2000 6,246.5 6,683.7 6,987.0 5,964.5 6,223.9 Food and tobacco Food purchased for off-premise consumption (n.d.) Purchased meals and beverages1 (n.d.) Food furnished to employees (including military) (n.d.) Food produced and consumed on farms (n.d.) Tobacco products (n.d.) Addenda: Food excluding alcoholic beverages (n.d.) Alcoholic beverages purchased for offpremise consumption (n.d.) Other alcoholic beverages (n.d.) 964.7 1,027.2 1,068.7 888.9 919.4 Clothing, accessories, and jewelry Shoes (n.d.) Clothing and accessories except shoes2 Women's and children's (n.d.) Men's and boys' (n.d.) Standard clothing issued to military personnel (n.d) Cleaning, storage, and repair of clothing and shoes (s.) Jewelry and watches (d.) Other 3(s.) 391.2 Personal consumption expenditures Personal care Toilet articles and preparations (n.d.) Barbershops, beauty parlors, and health clubs (s.) 537.7 351.5 568.6 376.5 589.0 393.2 512.4 325.4 530.0 339.8 9.1 .5 65.9 9.4 122 9.7 .5 76.3 8.5 .5 43.4 8.7 .5 42.8 786.2 834.2 866.2 741.0 768.8 65.2 47.4 70.3 50.5 73.1 53.1 62.5 43.3 65.4 44.8 44.7 256.1 164.1 409.8 46.3 267.1 171.9 95.2 .3 404.9 46.4 265.4 172.6 92.9 .3 428.4 48.8 280.3 183.1 92.0 .3 412.6 47.0 267.9 172.6 95.3 .3 14.6 48.5 27.0 15.5 51.1 29.5 15.6 51.0 30.8 13.8 53.7 25.6 14.3 58.1 27.1 84.0 55.1 28.9 87.8 56.5 31.2 89.1 56.5 32.6 80.0 53.4 26.6 81.7 97.3 .3 54.1 27.6 960.0 1,014.5 835.0 851.3 666.4 202.8 7.2 36.1 704.9 207.8 7.6 39.6 751.0 217.1 8.0 38.5 610.7 185.8 6.1 32.5 627.3 184.0 6.0 34.1 643.5 184.3 Household operation Furniture, including mattresses and bedsprings (d.) (d.) Kitchen i t h and other household appliances? (d.) China, glassware, Tableware, and utensils (d.) Other durable house furnishings 8 (d.) Semidurable house furnishings9 (n.d.) Cleaning and polishing preparations, and miscellaneous household supplies and paper products (n.d) Stationery and writing supplies (n.d.) Household utilities Electricity (s.) Gas(s.) Water and other sanitary services (s.) Fuel oil and coal (n.d.) Telephone and telegraph (s.) Domestic service (s.) Other10 (s.) 677.7 723.9 747.3 677.7 712.2 721.8 60.3 34.1 31.4 61.6 36.8 64.4 35.7 33.3 65.1 38.3 64.0 36.1 34.1 66.4 38.7 60.6 35.5 31.8 61.9 38.9 65.0 37.5 34.2 65.9 41.6 65.7 38.3 35.9 68.0 43.0 56.9 22.6 190.1 96.7 33.3 46.6 13.6 122.3 14.9 46.6 59.3 23.4 209.2 101.5 40.8 48.8 18.1 130.6 16.0 48.5 61.7 23.5 221.7 105.3 49.1 50.7 16.5 136.5 14.6 50.0 54.4 21.2 190.1 101.0 31.6 43.0 14.7 127.1 13.7 43.0 54.4 22.3 195.0 104.4 32.9 43.9 14.0 141.1 14.1 42.9 54.6 22.4 191.3 101.2 33.3 44.4 12.6 151.2 12.4 42.9 1,097.9 139.2 1,171.1 156.3 1,270.2 1,062.0 176.4 1,025.5 129.4 1,110.2 152.3 21.6 230.3 58.3 137.0 445.8 370.7 245.9 42.4 82.5 75.1 65.7 57.7 1.5 6.5 22.9 244.3 62.7 142.8 471.5 392.3 259.7 44.8 87.8 79.2 70.6 63.0 1.7 5.9 21.6 266.7 67.5 153.5 509.6 425.9 281.0 50.8 94.1 83.6 75.0 66.8 1.8 6.4 20.6 218.7 51.1 126.5 418.1 350.7 229.8 41.0 79.9 67.5 61.3 49.5 .9 10.8 21.3 228.0 52.5 128.5 427.4 359.8 234.8 42.2 82.8 67.7 63.8 51.4 1.0 11.4 140.6 5.9 32.5 19.4 242.1 54.4 133.9 443.9 376.8 244.1 46.6 86.2 67.5 64.5 51.6 1.0 12.1 * Because of rapid changes in relative prices, the chained-dollar estimates for computers are especially misleading as a measure of the contribution or relative importance of this component. 1. Consists of purchases (including tips) of meals and beverages from retail, service, and amusement establishments, hotels, dining and buffet cars, schools, scnool fraternities, institutions, clubs, and industrial lunchrooms. Includes meals and beverages consumed both on- and off-premise. 2. Includes luggage. 3. Consists of watch, clock, and jewelry repairs, costume and dress suit rental, and miscellaneous personal services. 4. Consists of rent for space and for heating and plumbing facilities, water heaters, lighting fixtures, kitchen cabinets, linoleum, storm windows and doors, window screens, and screen doors, but excludes rent for appliances and furniture and purchases of fuel and electricity. 5. Consists of space rent (see footnote 4) and rent for appliances, furnishings, and furniture. 6. Consists of transient hotels, motels, clubs, schools, and other group housing. 7. Consists of refrigerators and freezers, cooking ranges, dishwashers, laundry equipment, stoves, room air conditioners, sewing machines, vacuum cleaners, and other appliances. 8. Includes such house furnishings as floor coverings, comforters, quilts, blankets, pillows, picture frames, mirrors, art products, portable lamps, and clocks. Also includes writing equipment and hand, power, and garden tools. 9. Consists largely of textile house furnishings, including piece goods allocated to house furnishing use. Also includes lamp shades, brooms, and brushes. 10. Consists of maintenance services for appliances and house furnishings, moving and warehouse expenses, postage and express charges, premiums for fire and theft insurance on personal property less benefits and dividends, and miscellaneous household operation services. 11. Excludes drug preparations and related products dispensed by physicians, hospitals, and other medical services. 12. Consists of osteopathic physicians, chiropractors, private duty nurses, chiropodists, podiatrists, and others providing health and allied services, not elsewhere classified. 13. Consists of (1) current expenditures (including consumption of fixed capital) of nonprofit hospitals and nursing homes, and (2) payments by patients to proprietary and government hospitals and nursing homes. 14. Consists of (1) premiums, less benefits and dividends, for health, hospitalization, and accidental death and dismemberment insurance provided by commercial insurance carriers, and (2) administrative expenses (including consumption of fixed capital) of nonprofit and self-insured health plans. 15. Consists of premiums, less benefits and dividends, for income loss insurance. 16. Consists of premiums, less benefits and dividends, for privately administered workers' compensation. 17. Consists of (1) operating expenses of commercial life insurance carriers, (2) administrative expenses of private noninsured pension plans and publicly administered government employee retirement plans, and (3) premiums, less benefits and dividends, of fraternal benefit societies. For commercial life insurance carriers, excludes expenses for accident and health insurance and includes profits of stock companies and services furnished without payment by banks, credit agencies, and investment companies. For pension and retirement plans, excludes services furnished without payment by banks, credit agencies, and investment companies. 2000 2001 1999 2000 2001 575.2 632.5 634.3 72.2 88.4 74.2 63.2 68.4 73.5 233.8 96.2 62.4 16.5 31.0 258.1 259.5 102.8 65.2 16.4 33.2 103.9 70.4 17.5 35.3 82.3 54.7 14.6 28.1 82.0 54.4 14.1 28.9 707.8 654.7 98.4 57.7 118.7 44.4 768.9 711.9 105.5 59.4 125.9 45.9 794.8 704.8 742.0 105.9 60.6 149.0 45.8 653.1 99.9 59.8 726.8 673.9 107.0 165.1 129.3 4.4 36.8 12.4 8.6 3.8 40.7 .7 2.0 32.7 5.3 175.5 164.4 4.6 30.7 12.7 9.1 3.6 44.3 .8 1.5 36.7 5.2 181.6 162.1 4.9 32.1 13.2 9.5 3.7 39.7 .9 1.5 32.4 4.8 156.7 136.4 3.8 34.1 12.5 8.7 3.8 39.3 .7 1.8 31.7 5.0 Recreation Books and maps (d.) Magazines, newspapers, and sheet music (n.d.).... Nondurable toys and sport supplies (n.d.) Wheel goods, sports and photographic equipment, boats, and pleasure aircraft (d.) . 526.5 30.8 32.5 60.4 564.7 33.2 34.2 62.7 593.9 35.1 35.2 66.7 558.3 30.2 30.8 67.8 50.4 55.3 60.8 52.3 58.1 64.5 instruments, and computer goods (d.) Video and audio goods, including musical instruments (d.) Computers, peripherals, and software*(d.) Radio and television repair (s.) Flowers, seeds, and potted plants (n.d.) Admissions to specified spectator amusements .... Motion picture theaters (s.) Legitimate theaters and opera, and entertainments of nonprofit institutions (except athletics) (s.) Spectator sports 21 (s.) Clubs and fraternal organizations22 ( s j Commercial participant amusements »(s.) Pari-mutuel net receipts (s.) Other2« (s.) 98.1 106.3 105.6 152.7 185.5 211.5 66.7 31.4 4.1 16.7 25.0 7.6 71.8 34.5 4.1 17. 27.1 7.8 72.7 32.9 4.2 18.5 29.4 8.7 78.3 91.0 3.9 17.4 22.6 6.9 90.7 122.0 4.0 17.5 23.1 6.6 99.0 152.6 4.1 17.9 23.9 7.1 8.9 8.5 15.9 63.0 4.5 125.1 9.9 9.5 16.7 68.4 4.7 134.4 10.6 10.1 17.3 73.3 4.8 142.9 8.1 7.7 14.7 58.8 4.2 114.2 8.1 14.9 61.6 4.3 118.7 8.7 8.1 14.9 63.9 4.3 122.2 152.1 79.3 32.0 164.0 83.1 34.0 46.9 174.9 87.6 35.5 51.7 136.8 71.5 29.2 36.1 141.3 72.2 29.8 39.2 144.9 190.1 199.6 157.5 164.9 166.4 -16.0 72.3 3.2 -16.1 -12.9 76.3 3.6 -11.7 70.9 3.6 -7.5 78.7 4.0 -5.0 73.3 4.4 90.6 84.2 88.2 80.6 6,377.2 Personal business Brokerage charges and investment counseling (s.) Bank service charges, trust services, and safe 926.0 deposit box rental (s.) Services furnished without payment by financial 533.6 intermediaries except life insurance carriers (s.) 344.0 Expense of handling life insurance and pension plans " ( s . ) 8.8 Legal services (s.) .5 Funeral and burial expenses (s.) 42.1 Other18 (s.) 775.2 Transportation User-operated transportation 66.5 Newautos(d.) 45.3 Net purchases of used autos (d.) Other motor vehicles (d.) 435.9 Tires, tubes, accessories, and other parts (d.) 49.9 Repair, greasing, washing, parking, storage, 287.5 rental, and leasing (s.) 187.1 Gasoline and oil (n.d.) 100.5 Bridge, tunnel, ferry, and road tolls (s.) .3 Insurance19 (s.) Purchased local transportation 13.7 Mass transit systems (s.) 58.0 Taxicab(s.) 27.0 Purchased intercity transportation Railway (s.) 81.5 Bus(s.) 53.6 Airline (s.) 27.8 Other 2° (s.) 912.6 Medical care Drug preparations and sundries11 (n.d.) Ophthalmic products and orthopedic appliances (d) () Physicians (s.) Dentists (s.) Other professional services12 (s.) Hospitals and nursing homes13 Hospitals Nonprofit (s.) Proprietary (s.) Government (s.) Nursing homes (s.) Health insurance Medical care and hospitalization M (s.) Income loss "5 (s.) Workers' compensation 16(s.) 1999 2001 Housing Owner-occupied nonfarm dwellings-space rent 4 (s.) Tenant-occupied nonfarm dwellings-rent5 (s.) Rental value of farm dwellings (s.) Other 6 (s.) Billions of chained (1996) dollars Billions of dollars Education and research Higher education25 (s.) Nursery, elementary, and secondary schools x (s.) Other 2 ' (s.) Religious and welfare activities " (s.) Foreign travel and other, net Foreign travel by U.S. residents29 (s.) Expenditures abroad by U.S. residents (n.d.) Less: Expenditures in the United States by nonresidents M (s.) Less: Personal remittances in kind to nonresidents (n.d.) Residual . 80.9 3.3 89.6 1.9 2.0 2.2 514.2 80.0 550.0 98.9 56.8 86.2 60.7 220.0 116.8 45.3 550.1 60.4 123.9 46.7 227.4 80.3 55.7 14.6 29.4 750.4 699.8 108.0 60.4 147.3 45.4 9.0 3.5 40.3 .8 1.3 33.4 4.7 162.2 138.8 3.9 34.3 12.7 9.1 3.5 38.0 .8 1.3 31.6 4.3 604.9 32.5 31.8 74.5 644.6 34.1 32.1 82.6 162.1 135.7 3.9 34.3 12.6 73.6 29.9 41.3 1.9 1.9 2.1 -41.6 -72.6 -100.5 18. Consists of current expenditures (including consumption of fixed capital) of trade unions and professional associations, employment agency fees, money order fees, spending for classified advertisements, tax return preparation services, and other personal business services. 19. Consists of premiums, less benefits and dividends, for motor vehicle insurance. 20. Consists of baggage charges, coastal and inland waterway fares, travel agents' fees, and airport bus fares. 21. Consists of admissions to professional and amateur athletic events and to racetracks. 22. Consists of dues and fees excluding insurance premiums. 23. Consists of billiard parlors; bowling alleys; dancing, riding, shooting, skating, and swimming places; amusement devices and parks; golf courses; sightseeing buses and guides; private flying operations; casino gambling; and other commercial participant amusements. 24. Consists of net receipts of lotteries and expenditures for purchases of pets and pet care services, cable TV, film processing, photographic studios, sporting and recreation camps, video cassette rentals, and recreational services, not elsewhere classified. 25. For private institutions, equals current expenditures (including consumption of fixed capital) less receipts—such as those from meals, rooms, and entertainments—accounted for separately in consumer expenditures, and less expenditures for research and development financed under contracts or grants. For government institutions, equals student payments of tuition. 26. For private institutions, equals current expenditures (including consumption of fixed capital) less receipts—such as those from meals, rooms, and entertainments—accounted for separately in consumer expenditures. For government institutions, equals student payments of tuition. Excludes child day care services, which are included in religious and welfare activities. 27. Consists of (1) fees paid to commercial, business, trade, and correspondence schools and for educational services, not elsewhere classified, and (2) current expenditures (including consumption of fixed capital) by research organizations and foundations for education and research. 28. For nonprofit institutions, equals current expenditures (including consumption of fixed capital) of religious, social welfare, foreign relief, and political organizations, museums, libraries, and foundations. The expenditures are net of receipts—such as those from meals, rooms, and entertainments—accounted for separately in consumer expenditures, and excludes relief payments within the United States and expenditures by foundations for education and research. For proprietary and government institutions, equals receipts from users. 29. Beginning with 1981, includes U.S. students' expenditures abroad; these expenditures were $0.3 billion in 1981. 30. Beginning with 1981, includes nonresidents' student and medical care expenditures in the United States; student expenditures were $2.2 billion and medical expenditures were $0.4 billion in 1981. NOTE. Consumer durable goods are designated (d.), nondurable goods (n.d.), and services (s.). Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. October 2002 Table B.6. Private Fixed Investment in Equipment and Software by Type Table B.5. Private Fixed Investment in Structures by Type Billions of chained (1996) dollars Billions of dollars 1999 Private fixed investment in structures Presidential 2000 2001 1999 2000 2001 678.5 731.0 759.9 617.9 638.5 634.9 283.7 314.2 324.5 258.6 275.5 270.9 Nonresidential buildings, excluding farm Industrial Commercial Office buildings 1 Other 2 Religious Educational Hospital and institutional Other3 Utilities Railroads Telecommunications Electric light and power.. Gas Petroleum pipelines 283.1 313.5 320.8 258.0 274.7 1999 Private fixed investment in equipment and software 217.9 28.0 122.8 64.7 58.1 7.8 12.4 16.1 30.8 210.1 25.6 118.5 60.5 58.0 8.1 13.7 16.8 27.4 181.0 25.8 98.7 49.6 49.1 6.4 9.3 13.5 27.2 187.1 24.0 105.5 55.6 49.9 6.7 10.6 13.8 26.5 173.6 21.1 97.9 50.0 48.0 6.7 11.3 13.9 22.6 47.3 4.7 18.3 14.7 8.1 1.5 53.7 4.3 18.7 21.3 8.5 1.0 55.0 4.1 18.4 22.7 8.9 .9 45.7 4.7 18.2 14.0 7.6 1.4 50.4 4.2 18.2 19.5 7.6 .9 50.3 4.2 17.3 20.1 7.8 .8 5.1 22.8 21.6 1.2 6.2 6.0 29.2 28.0 1.1 6.7 6.1 42.7 41.3 1.4 6.8 Brokers' commissions on sale of structures 2.4 2.5 2.5 Net purchases of used structures 4.5 21.6 20.4 1.1 5.7 5.1 27.0 26.0 1.0 6.0 5.1 34.0 32.8 1.2 5.9 2.2 2.3 2.4 -1.6 -1.6 1.0 Residential 394.8 416.8 435.4 359.4 363.0 364.0 New 344.4 363.6 377.8 311.7 315.1 315.2 250.1 236.1 208.6 27.4 14.0 93.0 1.3 259.7 248.9 220.7 28.3 10.8 102.4 1.4 271.6 262.8 232.1 30.7 8.8 104.6 1.6 225.6 212.2 189.0 23.4 13.2 84.9 1.2 224.2 213.9 191.0 23.0 10.0 89.7 1.2 225.5 217.0 192.6 24.4 8.1 88.4 1.4 60.0 -2.3 51.0 -3.1 New housing units Permanent site Single-family structures.. Multifamily structures Manufactured homes Improvements Other5 Brokers' commissions on sale of structures Net purchases of used structures Residual.... 53.9 -3.5 56.2 -2.9 50.6 -2.5 -.9 50.9 -1.9 -1.0 1. Consists of office buildings, except those constructed at industrial sites and those constructed by utilities for their own use. 2. Consists of stores, restaurants, garages, service stations, warehouses, mobile structures, and other buildings used for commercial purposes. 3. Consists of hotels and motels, buildings used primarily for social and recreational activities, and buildings not elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals. 4. Consists primarily of streets, dams and reservoirs, sewer and water facilities, parks, and airfields. 5. Consists primarily of dormitories and of fraternity and sorority houses. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. 2000 2001 1999 2000 2001 898.7 960.8 886.4 984.8 1,065.4 997.6 889.8 951.6 877.1 975.9 1,056.0 988.2 402.3 90.4 446.9 93.3 179.4 116.6 40.6 9.5 7.5 404.3 74.2 180.4 90.6 43.6 8.0 7.6 508.1 207.4 169.3 102.5 37.9 10.7 7.1 583.3 246.4 184.4 132.1 40.1 548.5 162.5 93.7 38.2 10.5 7.0 9.5 7.5 182.0 105.8 42.6 8.0 7.8 Industrial equipment Fabricated metal products Engines and turbines..... Metajwqrking machinery , Special industry machinery, n.e.c General industrial, including materials handling, equipment Electrical transmission, distribution, and industrial apparatus 150.4 13.4 5.7 34.2 38.3 164.9 13.8 7.0 35.3 44.4 159.0 13.7 9.3 31.3 41.0 147.5 13.5 5.4 33.6 37.2 160.8 13.9 6.6 34.6 43.0 153.8 13.4 8.8 30.5 39.4 34.0 36.6 34.4 33.0 35.3 32.9 24.8 27.8 29.3 24.8 27.3 28.7 Transportation equipment Trucks, buses, and truck trailers Autos Aircraft Ships and boats Railroad equipment 194.7 112.3 43.1 29.1 2.7 7.6 189.7 107.4 40.5 31.5 3.2 7.1 165.8 90.1 34.1 33.7 3.2 4.7 193.2 112.4 42.5 28.3 2.6 7.7 186.6 106.5 40.8 29.3 2.9 7.2 163.6 90.5 35.4 29.8 2.9 4.8 Other equipment Furniture and fixtures Tractors Agricultural machinery, except tractors Construction machinery, except tractorsMining and oilfield machinery Service industry machinery Electrical equipment, n.e.c Other 145.6 38.1 12.8 9.9 21.6 5.6 16.5 14.4 26.8 153.4 40.6 13.7 10.8 21.7 5.2 16.4 16.4 28.4 150.8 35.7 14.5 12.0 19.9 6.5 16.1 17.9 28.2 141.8 37.1 12.5 148.5 39.2 13.4 10.3 20.4 5.0 15.7 17.3 27.4 144.5 34.0 14.1 11.3 18.5 5.9 15.3 19.0 26.8 267.7 201.8 28.7 110.1 55.4 54.7 7.2 10.3 15.1 30.4 Farm Mining exploration, shafts, and wells Petroleum and natural gas Other Other4 Billions of chained (1996) dollars Billions of dollars Nonresidential equipment and software New.. D-33 SURVEY OF CURRENT BUSINESS Information processing equipment and software Computers and peripheral equipment 1 Software 2 Communication equipment Instruments Photocopy and related equipment Office and accounting equipment Less: Sale of equipment scrap, excluding autos Residential equipment.. 2.8 4.1 3.8 3.5 9.3 9.0 9.4 9.5 -37.8 -56.3 -56.5 Residual Addenda: Private fixed investment in equipment and software Less: Dealers' margin on used equipment Net purchases of used equipment from government Plus: Net sales of used equipment , Net exports of used equipment Sale of equipment scrap Equals: Private fixed investment in new equipment and software 898.7 8.1 9.5 20.4 5.3 15.9 14.9 26.2 239.9 8.6 1.0 39.3 .4 3.3 1.0 38.5 -.2 3.4 .9 32.5 .0 2.9 932.6 992.7 912.4 1. Includes new computers and peripheral equipment only. Because of rapid changes in relative prices, the chained-dollar estimates for computers are especially misleading as a measure of the contribution or relative importance of this component. 2. Excludes software "embedded," or bundled, in computers and other equipment. NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. n.e.c. Not elsewhere classified. October 2002 National Data D-34 Table B.7. Compensation and Wage and Salary Accruals by Industry [Millions of dollars] Compensation 1999 Total. Domestic industries Private industries 1 .. 2000 2001 1999 5,874,879 4,475,588 4,836,329 4,950,605 5,314,546 5,729,274 5,881,042 4,481,333 4,842,204 4,956,768 4,073,263 4,145,921 4,721,994 4,818,943 3,757,166 49,786 52,656 43,643 19,341 19,314 57,497 21,544 30,445 33,342 35,953 Mining Metal mining Coalmining Oil and gas extraction Nonmetallic minerals, except fuels 34,234 2,917 5,129 20,749 5,439 36,534 2,600 4,869 23,512 5,553 272,904 298,999 Durable goods Lumber and wood p r o d u c t s Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries Nondurable goods Food and kindred products.... Tobacco products Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products. Rubber and miscellaneous plastics products Leather and leather products Transportation and public utilities Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing 2 Water transportation Transportation by air 2 Pipelines, except natural gas.... Transportation services 2001 5,723,399 4,361,287 Manufacturing 2000 5,308,801 Agriculture, forestry, and fishing... Farms Agricultural services, forestry, and fishing Construction 16,478 46,253 16,563 50,496 18,394 27,165 29,690 32,102 39,627 2,421 5,258 26,240 5,708 29,256 2,446 4,328 17,827 4,655 31,204 2,161 4,091 20,205 4,747 33,844 1,996 4,422 22,555 4,871 313,027 233,740 256,839 268,645 926,201 981,781 939,155 782,635 829,413 789,402 585,734 28,712 18,727 626,444 29,146 19,707 590,814 28,559 18,929 493,369 24,464 15,955 527,421 24,814 16,759 495,186 24,256 16,047 25,799 37,240 66,605 27,661 38,213 69,559 27,313 35,730 67,318 21,702 30,851 56,015 23,250 31,572 58,339 22,904 29,317 56,259 121,216 132,198 118,992 104,321 113,783 102,037 97,771 68,743 114,454 70,613 103,720 65,296 82,973 54,741 97,365 56,015 87,785 51,167 51,965 51,649 52,500 43,375 42,954 43,615 53,491 57,079 56,364 45,974 48,993 48,311 15,465 340,467 66,468 2,758 18,269 16,165 355,337 70,102 2,946 18,054 16,093 348,341 71,808 3,130 16,411 12,998 289,266 56,619 2,168 15,709 13,577 301,992 59,780 2,321 15,520 13,488 294,216 60,977 2,464 13,990 18,462 34,474 69,716 77,224 10,040 17,721 35,062 73,248 83,713 9,810 16,594 34,378 71,895 80,990 10,149 15,757 29,663 60.196 64,397 8,288 15,085 30,154 63,280 69,950 8,070 14,010 29,399 61,773 67,159 8,317 40,582 2,474 42,232 2,449 40,731 2,255 34,345 2,124 35,730 2,102 34,208 1,919 350,019 187,764 17,023 375,096 198,545 16,749 382,099 203,768 16,759 291,871 155,015 12,656 312,956 163,976 12,415 317,673 167,777 12,383 11,952 70,671 9,068 59,591 1,000 18,459 12,684 74,287 9,667 64,005 1,018 20,135 13,272 75,765 10,043 66,426 1,092 20,411 10,185 58,645 7,588 49,281 850 15,810 10,814 61,625 8,100 52,887 865 17,270 11,291 62,623 8,392 54,721 925 17,442 1. Beginning with 2001, reflects the ^classification of employees of Indian tribal governments from the private sector in accordance with the Consolidated Appropriations Act of 2001. 2. Reflects the ^classification of air couriers from trucking and warehousing to transportation by air. 3. Consists of museums, botanical and zoological gardens; engineering and management services; and services, not elsewhere classified. Compensation Wage and salary accruals Wage and salary accruals 2000 103,714 78,733 24,981 114,010 86,828 27,182 113,175 84,956 28,219 87,644 66,277 21,367 96,406 73,142 23,264 58,541 62,541 65,156 49,212 52,574 54,610 Wholesale trade 359,519 385,755 379,752 309,254 332,293 325,688 Retail trade 478,563 511,114 531,075 420,523 449,515 465,818 Finance, insurance, and real estate Depository institutions Nondepository institutions Security and commodity brokers Insurance carriers Insurance agents, brokers, and 458,091 98,577 40,714 107,093 91,260 501,923 100,040 41,510 135,094 94,360 41,075 61,891 531,995 106,840 49,161 138,866 98,832 395,757 83,358 34,787 95,771 77,637 434,720 84,543 35,473 120,994 80,274 459,937 90,230 42,046 124,161 83,936 44,766 66,628 33,701 49,811 35,800 53,588 38,956 57,620 26,902 20,692 24,048 22,988 service Real estate Holding and other investment offices Services Hotels and other lodging places Personal services Business services Auto repair, services, and parking Miscellaneous repair services... Motion pictures Amusement and recreation services Health services Legal services Educational services Social services and membership organizations Social services Membership