Domestic Nonfinancial Statistics.2.10 NONFINANCIAL Adj. 1. nonfinancial - not involving financial matters financial, fiscal - involving financial matters; "fiscal responsibility" BUSINESS ACTIVITY Selected Measures Monthly data seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. , and indexes 1992=100, except as noted
Measure 1996 1997 1998
1 Industrial production(1) 119.5 126.8 131.3
Market groupings
2 Products, total 114.4 119.6 123.5
3 Final, total 115.5 121.1 125.4
4 Consumer goods 111.3 114.1 115.2
5 Equipment 122.7 133.9 144.2
6 Intermediate 110.9 115.2 118.0
7 Materials 127.8 138.2 144.0
Industry groupings
8 Manufacturing 121.4 129.7 135.1
9 Capacity utilization,
manufacturing (percent)(2) 81.4 82.0 80.8
10 Construction contracts(3) 130.9 143.1(r) 157.3(r)
11 Nonagricultural employment,
total(4) 117.3 120.3 123.4
12 Goods-producing, total 2.4 2.4 2.3
13 Manufacturing, total 97.4 98.2 98.5
14 Manufacturing, production
workers 98.6 99.6 99.6
15 Service-producing 123.1 126.5 130.1
16 Personal income, total 165.7 174.9 183.8
17 Wages and salary disbursements 159.8 171.2 182.6
18 Manufacturing 135.7 144.7 151.1
19 Disposable personal income(5) 164.5 172.3 179.2
20 Retail sales(5) 162.5 170.1 178.5
Prices(6)
21 Consumer (1982-84= 100) 156.9 160.5 163.0
22 Producer finished goods
(1982-100) 131.3 131.8 130.7
Measure 1999
Jan. Feb. Mar.
1 Industrial production(1) 132.3 132.5 133.3
Market groupings
2 Products, total 124.5 124.6 125.2
3 Final, total 125.8 125.9 126.5
4 Consumer goods 115.2 115.3 115.3
5 Equipment 145.0 145.1 146.7
6 Intermediate 120.3 120.4 121.0
7 Materials 144.9 145.3 146.7
Industry groupings
8 Manufacturing 136.4 136.9 137.5
9 Capacity utilization,
manufacturing (percent)(2) 79.5 79.5 79.5
10 Construction contracts(3) 179.0(r) 168.0(r) 164.0(r)
11 Nonagricultural employment,
total(4) 124.9 125.3 125.4
12 Goods-producing, total 102.6 102.7 102.5
13 Manufacturing, total 97.8 97.6 97.4
14 Manufacturing, production
workers 98.6 98.3 98.2
15 Service-producing 132.1 132.5 132.7
16 Personal income, total 188.8 189.6 190.2
17 Wages and salary disbursements 189.0 190.2 190.6
18 Manufacturing 152.4 152.8 152.9
19 Disposable personal income(5) 183.8 184.5 185.2
20 Retail sales(5) 186.8 190.0 189.8
Prices(6)
21 Consumer (1982-84= 100) 164.3 164.5 165.0
22 Producer finished goods
(1982-100) 131.4 130.8 131.1
1999
Measure Apr. May June(r)
1 Industrial production(1) 133.7 134.0 134.2
Market groupings
2 Products, total 125.6 125.8 125.7
3 Final, total 126.8 127.2 127.3
4 Consumer goods 115.5 115.6 116.2
5 Equipment 147.2 148.0 147.4
6 Intermediate 121.5 121.4 120.6
7 Materials 146.9 147.3 148.1
Industry groupings
8 Manufacturing 138.0 138.4 138.4
9 Capacity utilization,
manufacturing (percent)(2) 79.6 79.5 79.3
10 Construction contracts(3) 170.0(r) 170.0(r) 176.0
11 Nonagricultural employment,
total(4) 125.7 125.7 126.0
12 Goods-producing, total 102.5 102.1 102.1
13 Manufacturing, total 97.2 97.0 96.8
14 Manufacturing, production
workers 98.0 97.8 97.5
15 Service-producing 133.1 133.2 133.6
16 Personal income, total 191.0 191.6(r) 193.0
17 Wages and salary disbursements 191.7 192.6 193.7
18 Manufacturing 153.5 154.4 155.2
19 Disposable personal income(5) 185.9(r) 186.3(r) 187.7
20 Retail sales(5) 190.9 192.8 192.6
Prices(6)
21 Consumer (1982-84= 100) 166.2 166.2 166.2
22 Producer finished goods
(1982-100) 131.9 132.4 132.7
July(r) Aug.(r) Sept.(p)
1 Industrial production(1) 135.0 135.5 135.0
Market groupings
2 Products, total 125.7 126.6 125.8
3 Final, total 127.4 128.6 127.8
4 Consumer goods 115.9 116.8 116.1
5 Equipment 148.3 149.8 148.9
6 Intermediate 120.4 120.4 119.7
7 Materials 150.3 150.2 150.3
Industry groupings
8 Manufacturing 139.1 139.7 139.5
9 Capacity utilization,
manufacturing (percent)(2) 79.5 79.7 79.3
10 Construction contracts(3) 168.0 160.0 162.0
11 Nonagricultural employment,
total(4) 126.3 126.4 126.4
12 Goods-producing, total 102.3 101.9 101.9
13 Manufacturing, total 97.1 96.7 96.6
14 Manufacturing, production
workers 98.0 97.4 97.3
15 Service-producing 134.0 134.3 134.3
16 Personal income, total 193.5 194.5 n.a.
17 Wages and salary disbursements 195.1 196.2 n.a.
18 Manufacturing 156.4 156.1 n.a.
19 Disposable personal income(5) 188.0 189.3 n.a.
20 Retail sales(5) 194.5 197.4 197.6
Prices(6)
21 Consumer (1982-84= 100) 166.7 167.1 167.9
22 Producer finished goods
(1982-100) 132.9 133.7 134.8
(1.) Data in this table appear in the Board's G. 17 (419) monthly statistical release. The data are also available on the Board's web site, http://www.federalreserve.gov/releases/g17. The latest historical revision (programming) revision - A release of a piece of software which is not a major release or a bugfix, but only introduces small changes or new features. of the industrial production index and the capacity utilization rates Capacity utilization rate The percentage of the economy's total plant and equipment that is currently in production. Usually, a decrease in this percentage signals an economic slowdown, while an increase signals economic expansion. was released in November November: see month. 1998. The recent annual revision is described in an article in the January January: see month. 1999 issue of the Bulletin. For a description of the methods of estimating industrial production and capacity utilization Capacity Utilization measures the rate at which a firm makes use of their capital productive capacities, such as factories and machinery. Capacity Utilization generally rises when the economy is healthy and falls when demand softens. , see "Industrial Production and Capacity Utilization: Historical Revision and Recent Developments," Federal Reserve Bulletin, vol. 83 (February February: see month. 1997), pp. 67-92, and the references cited therein. For details about the construction of individual industrial production series, see "Industrial Production: 1989 Developments and Historical Revision," Federal Reserve Bulletin, vol. 76 (April 1990), pp. 187-204. (2.) Ratio of index of production to index of capacity. Based on data from the Federal Reserve, DRI See Digital Research. McGraw-Hill The McGraw-Hill Companies, Inc., (NYSE: MHP) is a publicly traded corporation headquartered in Rockefeller Center in New York City. Its primary areas of business are education, publishing, broadcasting, and financial and business services. , U.S. Department of Commerce, and other sources. (3.) Index of dollar value of total construction contracts, including residential, nonresidential Adj. 1. nonresidential - not residential; "the commercial or nonresidential areas of a town"; "community colleges are typically nonresidential" residential - used or designed for residence or limited to residences; "a residential hotel"; "a residential quarter"; "a , and heavy engineering, from McGraw-Hill Information Systems Company, F.W. Dodge Division. (4.) Based on data from the U.S. Department of Labor, Employment and Earnings. Series covers employees only, excluding personnel in the armed forces. (5.) Based on data from U.S. Department of Commerce, Survey of Current Business. (6.) Based on data not seasonally adjusted. Seasonally adjusted data for changes in the price indexes can be obtained from the U.S. Department of Labor, Bureau of Labor Statistics Bureau of Labor Statistics (BLS) A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables. , Monthly Labor Review The Monthly Labor Review is a publication by the Bureau of Labor Statistics. Monthly publications are usually published by topic. Researchers outside of the BLS are welcome to submit their articles. External links
NOTE. Basic data (not indexes) for series mentioned in notes 4 and 5, and indexes for series mentioned in notes 3 and 6, can also be found in the Survey of Current Business. 2.11 LABOR FORCE, EMPLOYMENT, AND UNEMPLOYMENT
Category 1996 1997 1998 1999
Feb.
HOUSEHOLD SURVEY DATA(1)
1 Civilian labor force(2) 133,943 136,297 137,673 139,271
Employment
2 Nonagricultural 123,264 126,159 128,085 129,817
industries(3)
3 Agriculture 3,443 3,399 3,378 3,328
Unemployment
4 Number 7,236 6,739 6,210 6,127
5 Rate (percent of 5.40 4.90 4.50 4.40
civilian labor force)
ESTABLISHMENT SURVEY DATA
6 Nonagricultural payroll 119,608 122,690 125,833 127,730
employment(4)
7 Manufacturing 18,495 18,657 18,716 18,538
8 Mining 580 592 575 553
9 Contract construction 5,418 5,686 5,965 6,238
10 Transportation and public 6,253 6,395 6,551 6,723
utilities
11 Trade 28,079 28,659 29,299 29,585
12 Finance 6,911 7,091 7,341 7,581
13 Service 34,454 36,040 37,525 38,458
14 Government 19,419 19,570 19,862 20,054
Category 1999
Mar. Apr. May June
HOUSEHOLD SURVEY DATA(1)
1 Civilian labor force(2) 138,816 139,091 139,019 139,408
Employment
2 Nonagricultural 129,752 129,685 129,929 130,078
industries(3)
3 Agriculture 3,281 3,384 3,295 3,354
Unemployment
4 Number 5,783 6,022 5,795 5,975
5 Rate (percent of 4.20 4.30 4.20 4.30
civilian labor force)
ESTABLISHMENT SURVEY DATA
6 Nonagricultural payroll 127,813 128,134 128,162 128,443
employment(4)
7 Manufacturing 18,503 18,473 18,429 18,396
8 Mining 550 538 531 526
9 Contract construction 6,232 6,277 6,239 6,258
10 Transportation and public 6,732 6,750 6,758 6,781
utilities
11 Trade 29,558 29,689 29,725 29,789
12 Finance 7,595 7,611 7,621 7,636
13 Service 38,556 38,697 38,782 38,952
14 Government 20,087 20,099 20,077 20,105
Category
July(r) Aug.(r) Sept.
HOUSEHOLD SURVEY DATA(1)
1 Civilian labor force(2) 139,254 139,264 139,386
Employment
2 Nonagricultural 130,015 130,192 130,413
industries(3)
3 Agriculture 3,292 3,219 3,137
Unemployment
4 Number 5,947 5,853 5,836
5 Rate (percent of 4.30 4.20 4.20
civilian labor force)
ESTABLISHMENT SURVEY DATA
6 Nonagricultural payroll 128,816 128,919 128,911
employment(4)
7 Manufacturing 18,449 18,372 18,351
8 Mining 528 523 524
9 Contract construction 6,270 6,245 6,266
10 Transportation and public 6,799 6,808 6,828
utilities
11 Trade 29,915 29,915 29,873
12 Finance 7,647 7,650 7,647
13 Service 39,055 39,201 39,240
14 Government 20,153 20,205 20,182
(1.) Beginning January 1994, reflects redesign re·de·sign tr.v. re·de·signed, re·de·sign·ing, re·de·signs To make a revision in the appearance or function of. re of current population controls from the 1990 census census, periodic official count of the number of persons and their condition and of the resources of a country. In ancient times, among the Jews and Romans, such enumeration was mainly for taxation and conscription purposes. , (2.) Persons sixteen years of age and older, including Resident Armed Forces. Monthly figures are based on sample data collected during the calendar week that contains the twelfth day; annual data are averages of monthly figures. By definition, seasonality does not exist in population figures. (3.) Includes self-employed self-em·ployed adj. Earning one's livelihood directly from one's own trade or business rather than as an employee of another. self , unpaid family, and domestic service workers. (4.) Includes all full- and part-time part-time adj. For or during less than the customary or standard time: a part-time job. part employees who worked during, or received pay for, the pay period that includes the twelfth day of the month; excludes proprietors, self-employed persons Noun 1. self-employed person - a writer or artist who sells services to different employers without a long-term contract with any of them free lance, free-lance, freelance, freelancer, independent , household and unpaid family workers, and members of the armed forces. Data are adjusted to the March 1992 benchmark A performance test of hardware and/or software. There are various programs that very accurately test the raw power of a single machine, the interaction in a single client/server system (one server/multiple clients) and the transactions per second in a transaction processing system. , and only seasonally adjusted data are available at this time. SOURCE. Based on data from U.S. Department of Labor, Employment and Earnings. 2.12 OUTPUT, CAPACITY, AND CAPACITY UTILIZATION(1) Seasonally adjusted
1998 1999
Series
Q4 Q1 Q2 Q3(r)
Output (1992=100)
1 Total industry 132.3 132.7 134.0 135.2
2 Manufacturing 136.4 136.9 138.3 139.4
3 Primary processing(3) 120.6 121.7 121.8 122.8
4 Advanced
processing(4) 144.4 144.6 146.6 147.8
5 Durable goods 161.2 162.1 164.9 167.8
6 Lumber and products 119.2 121.6 121.6 119.0
7 Primary metals 119.3 120.4 123.5 128.4
8 Iron and steel 112.9 115.5 120.4 127.3
9 Nonferrous 126.9 126.3 127.3 129.9
10 Industrial machine-
ry and equipment 211.7 214.6 219.1 223.7
11 Electrical
machinery 304.8 310.3 327.1 349.4
12 Motor vehicles and
paris 148.5 147.5 151.1 151.6
13 Aerospace and
miscellaneous
transportation
equipment 105.8 103.1 100.0 96.1
14 Nondurable goods 111.4 111.6 111.6 111.2
15 Textile mill
products 110.2 109.7 111.4 111.6
16 Paper and products 114.3 116.3 114.9 115.9
17 Chemicals and
products 114.0 114.0 115.2 116.3
18 Plastics
materials 131.9 129.6 131.0 133.7
19 Petroleum products 111.9 115.4 112.9 113.1
20 Mining 100.7 98.8 97.9 99.4
21 Utilities 112.9 114.3 116.5 118.0
22 Electric 116.7 116.4 118.8 120.3
1998 1999
Series
Q4 Q1 Q2 Q3(r)
Capacity (percent of 1992 output
1 Total industry 163.5 165.2 166.7 167.9
2 Manufacturing 170.3 172.3 174.0 175.4
3 Primary processing(3) 146.1 146.9 147.7 148.3
4 Advanced
processing(4) 182.0 184.5 186.7 188.5
5 Durable goods 201.2 204.4 207.4 209.8
6 Lumber and products 144.9 146.0 147.1 148.2
7 Primary metals 144.4 145.4 145.9 146.3
8 Iron and steel 146.5 147.9 148.8 149.3
9 Nonferrous 141.7 142.1 142.4 142.6
10 Industrial machine-
ry and equipment 251.6 259.8 266.9 272.9
11 Electrical
machinery 396.6 411.0 424.9 437.2
12 Motor vehicles and
paris 186.0 186.7 187.1 187.4
13 Aerospace and
miscellaneous
transportation
equipment 128.5 128.8 128.7 128.5
14 Nondurable goods 138.4 139.1 139.6 140.0
15 Textile mill
products 135.2 135.0 134.7 134.2
16 Paper and products 133.4 134.2 135.0 135.8
17 Chemicals and
products 149.7 150.3 150.8 151.2
18 Plastics
materials 143.2 144.4 145.6 146.9
19 Petroleum products 117.1 117.4 117.7 118.1
20 Mining 120.6 120.9 121.2 121.4
21 Utilities 126.7 126.9 127.1 127.2
22 Electric 124.3 124.5 124.7 124.8
1998 1999
Series
Q4 Q1 Q2 Q3(r)
Capacity utilization rate (percent)(2)
1 Total industry 80.9 80.3 80.4 80.5
2 Manufacturing 80.1 79.5 79.5 79.5
3 Primary processing(3) 82.5 82.8 82.5 82.8
4 Advanced
processing(4) 79.3 78.3 78.5 78.4
5 Durable goods 80.1 79.3 79.5 80.0
6 Lumber and products 82.3 83.3 82.6 80.3
7 Primary metals 82.6 82.8 84.6 87.8
8 Iron and steel 77.0 78.1 80.9 85.2
9 Nonferrous 89.6 88.9 89.4 91.1
10 Industrial machine-
ry and equipment 84.1 82.6 82.1 82.0
11 Electrical
machinery 76.9 75.5 77.0 79.9
12 Motor vehicles and
paris 79.8 79.0 80.8 80.9
13 Aerospace and
miscellaneous
transportation
equipment 82.4 80.1 77.7 74.8
14 Nondurable goods 80.5 80.2 79.9 79.5
15 Textile mill
products 81.5 81.2 82.7 83.1
16 Paper and products 85.7 86.7 85.1 85.3
17 Chemicals and
products 76.1 75.8 76.4 76.9
18 Plastics
materials 92.1 89.8 89.9 91.0
19 Petroleum products 95.6 98.3 95.9 95.8
20 Mining 83.5 81.7 80.8 81.8
21 Utilities 89.2 90.0 91.6 92.7
22 Electric 93.9 93.5 95.2 96.3
1973 1975 Previous cycle(5)
High Low High Low
Capacity utilization rate (percent)
1 Total industry 89.2 72.6 87.3 71.1
2 Manufacturing 88.5 70.5 86.9 69.0
3 Primary processing(3) 91.2 68.2 88.1 66.2
4 Advanced
processing(4) 87.2 71.8 86.7 70.4
5 Durable goods 89.2 68.9 87.7 63.9
6 Lumber and products 88.7 61.2 87.9 60.8
7 Primary metals 100.2 65.9 94.2 45.1
8 Iron and steel 105.8 66.6 95.8 37.0
9 Nonferrous 90.8 59.8 91.1 60.1
10 Industrial machine-
ry and equipment 96.0 74.3 93.2 64.0
11 Electrical
machinery 89.2 64.7 89.4 71.6
12 Motor vehicles and
paris 93.4 51.3 95.0 45.5
13 Aerospace and
miscellaneous
transportation
equipment 78.4 67.6 81.9 66.6
14 Nondurable goods 87.8 71.7 87.5 76.4
15 Textile mill
products 91.4 60.0 91.2 72.3
16 Paper and products 97.1 69.2 96.1 80.6
17 Chemicals and
products 87.6 69.7 84.6 69.9
18 Plastics
materials 102.0 50.6 90.9 63.4
19 Petroleum products 96.7 81.1 90.0 66.8
20 Mining 94.3 88.2 96.0 80.3
21 Utilities 96.2 82.9 89.1 75.9
22 Electric 99.0 82.7 88.2 78.9
Latest cycle(6) 1998 1999
High Low Sept. Apr. May
Capacity utilization rate (percent)(2)
1 Total industry 85.4 78.1 81.3 80.4 80.7
2 Manufacturing 85.7 76.6 80.1 79.6 79.7
3 Primary processing(3) 88.9 77.7 82.1 82.5 82.5
4 Advanced
processing(4) 84.2 76.1 79.5 78.6 78.6
5 Durable goods 84.6 73.1 80.3 79.5 79.5
6 Lumber and products 93.6 75.5 81.1 82.1 83.6
7 Primary metals 92.7 73.7 83.7 83.9 84.1
8 Iron and steel 95.2 71.8 78.1 80.0 80.4
9 Nonferrous 89.3 74.2 90.6 88.9 88.9
10 Industrial machine-
ry and equipment 85.4 72.3 84.5 82.9 82.1
11 Electrical
machinery 84.0 75.0 77.0 76.7 76.9
12 Motor vehicles and
paris 89.1 55.9 80.9 79.9 80.6
13 Aerospace and
miscellaneous
transportation
equipment 87.3 79.2 82.6 78.5 77.9
14 Nondurable goods 87.3 80.7 80.2 80.2 80.0
15 Textile mill
products 90.4 77.7 82.3 82.6 82.4
16 Paper and products 93.5 85.0 85.7 85.1 84.6
17 Chemicals and
products 86.2 79.3 75.9 76.4 76.5
18 Plastics
materials 97.0 74.8 87.1 90.0 90.4
19 Petroleum products 88.5 85.1 94.7 97.2 96.0
20 Mining 88.0 87.0 85.2 81.1 80.8
21 Utilities 92.6 83.4 95.0 91.1 90.8
22 Electric 95.0 87.1 98.8 94.9 94.5
1999
June(r) July(r) Aug.(r) Sept.(p)
Capacity utilization rate (percent)(2)
1 Total industry 80.3 80.6 80.7 80.3
2 Manufacturing 79.3 79.5 79.7 79.3
3 Primary processing(3) 82.4 82.8 82.9 82.8
4 Advanced
processing(4) 78.3 78.4 78.6 78.2
5 Durable goods 79.5 80.1 80.2 79.6
6 Lumber and products 82.3 81.1 80.2 79.5
7 Primary metals 85.8 87.1 88.6 87.6
8 Iron and steel 82.3 84.4 86.4 84.9
9 Nonferrous 90.4 90.7 91.4 91.1
10 Industrial machine-
ry and equipment 81.1 81.8 82.2 81.9
11 Electrical
machinery 77.3 79.7 80.2 79.8
12 Motor vehicles and
paris 81.8 81.0 81.6 80.1
13 Aerospace and
miscellaneous
transportation
equipment 76.7 76.3 75.0 73.2
14 Nondurable goods 79.6 79.3 79.5 79.6
15 Textile mill
products 83.1 84.1 82.5 82.8
16 Paper and products 85.7 84.7 85.6 85.6
17 Chemicals and
products 76.3 76.1 77.3 77.3
18 Plastics
materials 89.5 91.7 90.9 90.5
19 Petroleum products 94.5 95.9 95.6 95.9
20 Mining 80.5 81.3 82.1 82.1
21 Utilities 93.0 94.4 93.0 90.7
22 Electric 96.4 98.5 96.6 93.9
(1.) Data in this table appear in the Board's G.17 (419) monthly statistical release. The data are also available on the Board's web site, http://www.federalreserve.gov/releases/g17. The latest historical revision of the industrial production index and the capacity utilization rates was released in November 1998. The recent annual revision is described in an article in the January 1999 issue of the Bulletin. For a description of the methods of estimating industrial production and capacity utilization, see "Industrial Production and Capacity Utilization: Historical Revision and Recent Developments," Federal Reserve Bulletin, vol. 83 (February 1997), pp. 67-92, and the references cited therein. For details about the construction of individual industrial production series, see "Industrial Production: 1989 Developments and Historical Revision," Federal Reserve Bulletin, vol. 76 (April 1990), pp. 187-204. (2.) Capacity utilization is calculated as the ratio of the Federal Reserve's seasonally adjusted index of industrial production to the corresponding index of capacity. (3.) Primary processing includes textiles textiles, all fabrics made by weaving, felting, knitting, braiding, or netting, from the various textile fibers (see fiber). Types of Textiles ; lumber lumber, term for timber that has been cut into boards for use as a building material. The major steps in producing lumber involve logging (the felling and preparation of timber for shipment to sawmills), sawing the logs into boards, grading the boards according to ; paper; industrial chemicals; synthetic Synthetic A financial instrument that is created artificially by simulating another instrument with the combined features of a collection of other assets. Notes: materials; fertilizer fertilizer, organic or inorganic material containing one or more of the nutrients—mainly nitrogen, phosphorus, and potassium, and other essential elements required for plant growth. materials; petroleum products: rubber and plastics; stone, clay clay, common name for a number of fine-grained, earthy materials that become plastic when wet. Chemically, clays are hydrous aluminum silicates, ordinarily containing impurities, e.g., potassium, sodium, calcium, magnesium, or iron, in small amounts. , and glass; primary metals; and fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: metals. (4.) Advanced processing includes foods; tobacco; apparel; furniture and fixtures; printing and publishing; chemical products such as drugs and toiletries toi·let·ry n. pl. toi·let·ries An article, such as toothpaste or a hairbrush, used in personal grooming or dressing. toiletries npl → artículos mpl de aseo (= ; agricultural chemicals; leather and products; machinery; transportation equipment; instruments; and miscellaneous manufactures. (5.) Monthly highs, 1978-80; monthly lows, 1982. (6.) Monthly highs, 1988-89; monthly lows, 1990-91. 2.14 HOUSING AND CONSTRUCTION Monthly figures at seasonally adjusted annual rates except as noted
Item 1996 1997 1998
Private residential real estate
activity (thousands of units
except as noted)
NEW UNITS
1 Permits authorized 1,426 1,441 1,604
2 One-family 1,070 1,062 1,184
3 Two-family or more 356 379 421
4 Started 1,477 1,474 1,617
5 One-family 1,161 1,134 1,271
6 Two-family or more 316 340 346
7 Under construction at
end of period(1) 819 834 935
8 One-family 584 570 638
9 Two-family or more 235 264 297
10 Completed 1,406 1,406 1,473
11 One-family 1,123 1,120 1,158
12 Two-family or more 283 285 315
13 Mobile homes shipped 361 354 372
Merchant builder
activity in one,
family units
14 Number sold 757 804 886
15 Number for sale at end
of period(1) 326 287 300
Price of units sold
of period(1) of
dollars)(2)
16 Median 140.0 146.0 152.5
17 Average 166.4 176.2 181.9
EXISTING UNITS (one-family)
18 Number sold 4,196 4,381 4,970
Price of units sold
(thousands of
dollars)(2)
19 Median 115.8 121.8 128.4
20 Average 141.8 150.5 159.1
Value of new construction (millions
of dollars)(3)
CONSTRUCTION
21 Total put in place 581,920 617,877 664,451
22 Private 447,593 474,842 518,987
23 Residential 255,577 265,908 293,569
24 Nonresidential 192,017 208,933 225,418
25 Industrial buildings 32,644 31,355 32,308
26 Commercial buildings 75,829 86,190 95,252
27 Other buildings 30,648 37,198 39,438
28 Public utilities and
other 52,896 54,190 58,421
29 Public 134,326 143,035 145,464
30 Military 2,604 2,559 2,588
31 Highway 39,883 44,295 45,067
32 Conservation and
development 5,827 5,576 5,487
33 Other 86,012 90,605 92,322
1998 1999
Item
Nov. Dec. Jan. Feb.
Private residential real estate
activity (thousands of units
except as noted)
NEW UNITS
1 Permits authorized 1,688 1,708 1,778 1,738
2 One-family 1,254 1,296 1,275 1,306
3 Two-family or more 434 412 503 432
4 Started 1,654 1,750 1,820 1,752
5 One-family 1,375 1,383 1,393 1,380
6 Two-family or more 279 367 427 372
7 Under construction at
end of period(1) 971 999 1,011 1,032
8 One-family 667 688 697 712
9 Two-family or more 304 311 314 320
10 Completed 1,600 1,440 1,648 1,528
11 One-family 1,254 1,150 1,292 1,246
12 Two-family or more 346 290 356 282
13 Mobile homes shipped 389 382 390 381
Merchant builder
activity in one,
family units
14 Number sold 985 958 908 909
15 Number for sale at end
of period(1) 292 295 295 297
Price of units sold
of period(1) of
dollars)(2)
16 Median 151.0 152.5 152.5 159.9
17 Average 178.6 183.3 182.8 191.4
EXISTING UNITS (one-family)
18 Number sold 5,020 5,340 5,060 5,140
Price of units sold
(thousands of
dollars)(2)
19 Median 129.4 128.5 130.3 128.1
20 Average 159.9 159.6 162.8 159.6
Value of new construction (millions
of dollars)(3)
CONSTRUCTION
21 Total put in place 680,117 690,462 697,858 710,657
22 Private 534,743 541,591 543,471 548,682
23 Residential 306,299 310,261 315,828 318,483
24 Nonresidential 228,444 231,330 227,643 230,199
25 Industrial buildings 30,845 30,327 29,895 28,967
26 Commercial buildings 99,831 101,605 100,164 102,802
27 Other buildings 39,744 42,354 38,833 40,449
28 Public utilities and
other 58,024 57,044 58,751 57,981
29 Public 145,374 148,871 154,387 161,975
30 Military 2,296 2,306 1,881 2,636
31 Highway 43,929 44,583 50,538 54,880
32 Conservation and
development 5,639 5,406 6,018 6,271
33 Other 93,510 96,576 95,950 98,188
1999
Item
Mar. Apr. May(r)
Private residential real estate
activity (thousands of units
except as noted)
NEW UNITS
1 Permits authorized 1,654 1,572 1,591
2 One-family 1,242 1,214 1,243
3 Two-family or more 412 358 348
4 Started 1,746 1,577 1,668
5 One-family 1,394 1,260 1,389
6 Two-family or more 352 317 279
7 Under construction at
end of period(1) 1,036 1,031 1,029
8 One-family 714 708 708
9 Two-family or more 322 323 321
10 Completed 1,700 1,633 1,650
11 One-family 1,357 1,324 1,344
12 Two-family or more 343 309 306
13 Mobile homes shipped 383 368 365
Merchant builder
activity in one,
family units
14 Number sold 885 952 914
15 Number for sale at end
of period(1) 300 300 304
Price of units sold
of period(1) of
dollars)(2)
16 Median 155.0 160.0 154.8
17 Average 189.4 191.4 188.2
EXISTING UNITS (one-family)
18 Number sold 5,420 5,250 5,000
Price of units sold
(thousands of
dollars)(2)
19 Median 129.6 130.7 132.8
20 Average 162.3 163.8 167.4
Value of new construction (millions
of dollars)(3)
CONSTRUCTION
21 Total put in place 715,396 704,582(r) 698,461
22 Private 555,362 547,885(r) 546,880
23 Residential 323,133 322,213(r) 321,803
24 Nonresidential 232,229 225,672(r) 225,077
25 Industrial buildings 29,052 26,217(r) 24,975
26 Commercial buildings 103,983 102,180(r) 104,134
27 Other buildings 39,840 39,737(r) 38,876
28 Public utilities and
other 59,354 57,538(r) 57,092
29 Public 160,033 156,697(r) 151,581
30 Military 2,223 2,268(r) 2,128
31 Highway 53,099 50,897(r) 48,542
32 Conservation and
development 6,194 6,016(r) 5,101
33 Other 98,517 97,516(r) 95,810
1999
Item
June(r) July(r) Aug.
Private residential real estate
activity (thousands of units
except as noted)
NEW UNITS
1 Permits authorized 1,641 1,641 1,619
2 One-family 1,241 1,247 1,210
3 Two-family or more 400 394 409
4 Started 1,607 1,680 1,672
5 One-family 1,305 1,332 1,296
6 Two-family or more 302 348 376
7 Under construction at
end of period(1) 1,017 1,021 1,030
8 One-family 702 704 707
9 Two-family or more 315 317 323
10 Completed 1,674 1,608 1,581
11 One-family 1,346 1,261 1,266
12 Two-family or more 328 347 315
13 Mobile homes shipped 355 336 340
Merchant builder
activity in one,
family units
14 Number sold 947 955 983
15 Number for sale at end
of period(1) 307 308 313
Price of units sold
of period(1) of
dollars)(2)
16 Median 157.7 157.0 150.8
17 Average 193.6 188.2 198.3
EXISTING UNITS (one-family)
18 Number sold 5,630 5,400 5,240
Price of units sold
(thousands of
dollars)(2)
19 Median 136.9 136.0 137.4
20 Average 174.2 171.9 174.5
Value of new construction (millions
of dollars)(3)
CONSTRUCTION
21 Total put in place 698,852 694,783 692,013
22 Private 546,931 542,334 536,190
23 Residential 320,913 318,055 316,724
24 Nonresidential 226,018 224,279 219,466
25 Industrial buildings 25,465 24,537 23,358
26 Commercial buildings 104,457 103,449 102,771
27 Other buildings 38,592 38,047 37,227
28 Public utilities and
other 57,504 582,461 56,110
29 Public 151,921 152,449 155,823
30 Military 2,137 2,305 1,697
31 Highway 45,518 47,279 47,330
32 Conservation and
development 5,845 5,816 6,674
33 Other 98,421 97,049 100,122
(1.) Not at annual rates. (2.) Not seasonally adjusted. (3.) Recent data on value of new construction may not be strictly comparable with data for previous periods because of changes by the Bureau of the Census Noun 1. Bureau of the Census - the bureau of the Commerce Department responsible for taking the census; provides demographic information and analyses about the population of the United States Census Bureau in its estimating techniques. For a description of these changes, see Construction Reports (C-30-76-5), issued by the Census Bureau Noun 1. Census Bureau - the bureau of the Commerce Department responsible for taking the census; provides demographic information and analyses about the population of the United States Bureau of the Census in July July: see month. 1976. SOURCE. Bureau of the Census estimates for all series except (1) mobile homes, which are private, domestic shipments as reported by the Manufactured Housing Manufactured housing (also known as prefab housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use. In the United States, the term "manufactured home" specifically refers to a house built entirely in a protected Institute and seasonally adjusted by the Census Bureau, and (2) sales and prices of existing units, which are published by the National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. . All back and current figures are available from the originating agency. Permit authorizations are those reported to the Census Bureau from 19,000 jurisdictions beginning in 1994. 2.15 CONSUMER AND PRODUCER PRICES Percentage changes based on seasonally adjusted data except as noted
Change from 12
months earlier
Item
1998 1999
Sept. Sept.
CONSUMER PRICES(2)
(1982-84=100)
1 All items 1.5 2.6
2 Food 2.0 2.2
3 Energy items -9.8 10.2
4 All items less food and energy 2.5 2.0
5 Commodities .8 1.0
6 Services 3.1 2.5
PRODUCER PRICES
(1982=100)
7 Finished goods -.9 3.2
8 Consumer foods .5 1.2
9 Consumer energy -11.6 13.9
10 Other consumer goods 2.1 2.8
11 Capital equipment -.4 .0
Intermediate materials
12 Excluding foods and feeds -2.1 2.0
13 Excluding energy -.9 .5
Crude materials
14 Foods -8.4 -.8
15 Energy -25.2 51.3
16 Other -11.6 1.2
Change from 3 months earlier
(annual rate)
Item 1998 1999
Dec. Mar. June Sept.
CONSUMER PRICES(2)
(1982-84=100)
1 All items 2.0 1.5 2.9 4.2
2 Food 2.8 1.7 1.7 2.5
3 Energy items -5.1 5.8 14.2 29.4
4 All items less food and energy 2.5 .9 2.3 2.5
5 Commodities 2.5 -3.0 2.0 2.5
6 Services 2.5 2.7 2.5 2.3
PRODUCER PRICES
(1982=100)
7 Finished goods 2.2 .6 2.5 7.5
8 Consumer foods .3 2.1 .3 2.1
9 Consumer energy -8.9 5.7 21.9 43.9
10 Other consumer goods 8.3 -1.3 .3 4.3
11 Capital equipment .3 -.6 .0 .3
Intermediate materials
12 Excluding foods and feeds -4.5 .3 5.7 7.0
13 Excluding energy -2.7 -.9 3.1 2.7
Crude materials
14 Foods -7.0 4.1 .0 .4
15 Energy 13.5 -21.1 158.3 126.6
16 Other -24.3 .9 7.3 28.1
Change from 1 month earl
Item 1999
May June July
CONSUMER PRICES(2)
(1982-84=100)
1 All items .0 .0 .3
2 Food .4 .0 .2
3 Energy items -1.3 -1.2 2.1
4 All items less food and energy .1 .1 .2
5 Commodities -.1 .0 .1
6 Services .2 .1 .3
PRODUCER PRICES
(1982=100)
7 Finished goods .2 -.1 .2
8 Consumer foods .4(r) .4 -.9
9 Consumer energy .3(r) -.6(r) 3.4
10 Other consumer goods .1 -.1 .1
11 Capital equipment .0(r) -.1(r) -.1
Intermediate materials
12 Excluding foods and feeds .3(r) .2(r) .6
13 Excluding energy .3(r) .3(r) .4
Crude materials
14 Foods 2.5(r) .5(r) -4.8
15 Energy 13.2(r) -.5(r) 3.7
16 Other 2.1(r) .5 2.3
Change from 1 month
earlier
Index
level,
Item Sept.(1)
1999
Aug. Sept.
CONSUMER PRICES(2)
(1982-84=100)
1 All items .3 .4 167.9
2 Food .2 .2 164.6
3 Energy items 2.7 1.7 113.2
4 All items less food and energy .1 .3 177.7
5 Commodities -.1 .7 144.6
6 Services .2 .2 196.6
PRODUCER PRICES
(1982=100)
7 Finished goods .5 1.1 134.8
8 Consumer foods .4 1.0 137.0
9 Consumer energy 3.7 2.2 85.9
10 Other consumer goods -.1 1.1 151.6
11 Capital equipment .0 .2 136.7
Intermediate materials
12 Excluding foods and feeds .7 .3 125.9
13 Excluding energy .2 .1 133.7
Crude materials
14 Foods 3.8 1.3 100.5
15 Energy 7.2 10.4 94.1
16 Other 1.8 2.2 139.6
(1.) Not seasonally adjusted. (2.) Figures for consumer prices are for all urban consumers and reflect a rental-equivalence measure of homeownership. SOURCE. U.S. Department of Labor, Bureau of Labor Statistics. 2.16 GROSS DOMESTIC PRODUCT AND INCOME Billions of current dollars except as noted; quarterly data at seasonally adjusted annual rates
Account 1996 1997 1998
GROSS DOMESTIC PRODUCT
1 Total 7,661.6 8,110.9 8,511.0
By source
2 Personal consumption expenditures 5,215.7 5,493.7 5,807.9
3 Durable goods 643.3 673.0 724.7
4 Nondurable goods 1,539.2 1,600.6 1,662.4
5 Services 3,033.2 3,220.1 3,420.8
6 Gross private domestic investment 1,131.9 1,256.0 1,367.1
7 Fixed investment 1,099.8 1,188.6 1,307.8
8 Nonresidential 787.9 860.7 938.2
9 Structures 216.9 240.2 246.9
10 Producers' durable equipment 571.0 620.5 691.3
11 Residential structures 311.8 327.9 369.6
12 Change in business inventories 32.1 67.4 59.3
13 Nonfarm 24.5 63.1 52.7
14 Net exports of goods and services -91.2 -93.4 -151.2
15 Exports 873.8 965.4 959.0
16 Imports 965.0 1,058.8 1,110.2
17 Government consumption expendi-
tures and gross investment 1,405.2 1,454.6 1,487.1
18 Federal 518.4 520.2 520.6
19 State and local 886.8 934.4 966.5
By major type of product
20 Final sales, total 7,629.5 8,043.5 8,451.6
21 Goods 2,780.3 2,911.2 3,044.7
22 Durable 1,228.8 1,310.1 1,391.0
23 Nondurable 1,551.6 1,601.0 1,653.7
24 Services 4,179.5 4,414.1 4,641.0
25 Structures 669.7 718.3 765.9
26 Change in business inventories 32.1 67.4 59.3
27 Durable goods 20.8 33.6 25.2
28 Nondurable goods 11.4 33.8 34.1
MEMO
29 Total GDP in chained 1992 dollars 6,994.8 7,269.8 7,551.9
NATIONAL INCOME
30 Total 6,256.0 6,646.5 6,994.7
31 Compensation of employees 4,409.0 4,687.2 4,981.0
32 Wages and salaries 3,640.4 3,893.6 4,153.9
33 Government and government
enterprises 640.9 664.2 689.3
34 Other 2,999.5 3,229.4 3,464.6
35 Supplement to wages and salaries 768.6 793.7 827.1
36 Employer contributions for
social insurance 381.7 400.7 420.1
37 Other labor income 387.0 392.9 406.9
38 Proprietors' income(1) 527.7 551.2 577.2
39 Business and professional(1) 488.8 515.8 548.5
40 Farm(1) 38.9 35.5 28.7
41 Rental income of persons(2) 150.2 158.2 162.6
42 Corporate profits(1) 750.4 817.9 824.6
43 Profits before tax(3) 680.2 734.4 717.8
44 Inventory valuation adjustment -1.2 6.9 14.5
45 Capital consumption adjustment 71.4 76.6 92.3
46 Net interest 418.6 432.0 449.3
1998
Account
Q2 Q3 Q4
GROSS DOMESTIC PRODUCT
1 Total 8,440.6 8,537.9 8,681.2
By source
2 Personal consumption expenditures 5,773.7 5,846.7 5,934.8
3 Durable goods 720.1 718.9 754.5
4 Nondurable goods 1,655.2 1,670.0 1,691.3
5 Services 3,398.4 3,457.7 3,488.9
6 Gross private domestic investment 1,345.0 1,364.4 1,392.4
7 Fixed investment 1,305.8 1,307.5 1,346.7
8 Nonresidential 941.9 931.6 957.9
9 Structures 245.4 246.2 250.9
10 Producers' durable equipment 696.6 685.4 706.9
11 Residential structures 363.8 375.8 388.9
12 Change in business inventories 39.2 57.0 45.7
13 Nonfarm 31.5 49.3 39.3
14 Net exports of goods and services -159.3 -165.5 -156.2
15 Exports 949.6 936.2 976.8
16 Imports 1,108.9 1,101.7 1,133.0
17 Government consumption expendi-
tures and gross investment 1,481.2 1,492.3 1,510.2
18 Federal 520.7 519.4 530.7
19 State and local 960.4 972.9 979.5
By major type of product
20 Final sales, total 8,401.3 8,480.9 8,635.5
21 Goods 3,025.3 3,029.0 3,118.8
22 Durable 1,380.8 1,373.0 1,433.1
23 Nondurable 1,644.4 1,655.9 1,685.7
24 Services 4,619.5 4,676.5 4,727.7
25 Structures 756.6 773.5 789.0
26 Change in business inventories 39.2 57.0 45.7
27 Durable goods 4.5 19.5 27.0
28 Nondurable goods 34.7 37.5 18.7
MEMO
29 Total GDP in chained 1992 dollars 7,498.6 7,566.5 7,677.7
NATIONAL INCOME
30 Total 6,945.5 7,032.3 7,126.0
31 Compensation of employees 4,945.2 5,011.6 5,084.3
32 Wages and salaries 4,121.6 4,181.1 4,246.8
33 Government and government
enterprises 685.8 692.7 699.2
34 Other 3,435.8 3,488.4 3,547.6
35 Supplement to wages and salaries 823.5 830.5 837.5
36 Employer contributions for
social insurance 417.9 422.1 426.5
37 Other labor income 405.7 408.4 411.0
38 Proprietors' income(1) 571.7 576.1 596.9
39 Business and professional(1) 544.0 550.9 562.2
40 Farm(1) 27.7 25.2 34.7
41 Rental income of persons(2) 161.0 163.6 167.5
42 Corporate profits(1) 820.6 827.0 821.7
43 Profits before tax(3) 723.5 720.5 708.1
44 Inventory valuation adjustment 7.8 11.7 13.4
45 Capital consumption adjustment 89.4 94.8 100.2
46 Net interest 447.1 454.0 455.6
1999
Account
Q1 Q2(r)
GROSS DOMESTIC PRODUCT
1 Total 8,808.7 8,873.4
By source
2 Personal consumption expenditures 6,050.6 6,155.0
3 Durable goods 771.2 784.9
4 Nondurable goods 1,736.0 1,770.6
5 Services 3,543.4 3,599.5
6 Gross private domestic investment 1,417.4 1,417.4
7 Fixed investment 1,377.9 1,410.0
8 Nonresidential 972.6 994.2
9 Structures 255.0 256.1
10 Producers' durable equipment 717.6 738.1
11 Residential structures 405.3 415.7
12 Change in business inventories 39.5 7.5
13 Nonfarm 36.4 5.2
14 Net exports of goods and services -196.9 -240.6
15 Exports 962.7 973.8
16 Imports 1,159.6 1,214.4
17 Government consumption expendi-
tures and gross investment 1,537.5 1,541.5
18 Federal 536.6 532.8
19 State and local 1,000.9 1,008.7
By major type of product
20 Final sales, total 8,769.1 8,865.9
21 Goods 3,154.1 3,189.2
22 Durable 1,436.1 1,449.8
23 Nondurable 1,718.1 1,739.4
24 Services 4,793.7 4,850.8
25 Structures 821.3 825.9
26 Change in business inventories 39.5 7.5
27 Durable goods 16.5 -3.9
28 Nondurable goods 23.1 11.4
MEMO
29 Total GDP in chained 1992 dollars 7,759.6 7,790.6
NATIONAL INCOME
30 Total 7,265.2 7,344.8
31 Compensation of employees 5,166.5 5,237.4
32 Wages and salaries 4,317.0 4,378.5
33 Government and government
enterprises 711.2 716.2
34 Other 3,605.7 3,662.3
35 Supplement to wages and salaries 849.6 858.9
36 Employer contributions for
social insurance 434.9 439.3
37 Other labor income 414.7 419.6
38 Proprietors' income(1) 598.3 609.0
39 Business and professional(1) 575.8 586.6
40 Farm(1) 22.5 22.4
41 Rental income of persons(2) 167.7 169.8
42 Corporate profits(1) 868.8 859.3
43 Profits before tax(3) 752.6 768.0
44 Inventory valuation adjustment 11.6 -17.4
45 Capital consumption adjustment 104.6 108.7
46 Net interest 463.9 469.2
(1.) With inventory valuation and capital consumption adjustments. (2.) With capital consumption adjustment. (3.) For after-tax af·ter-tax also af·ter·tax adj. Relating to or being that which remains after payment, especially of income taxes: after-tax profits. profits, dividends, and the like, see table 1.48. SOURCE. U.S. Department of Commerce, Survey of Current Business. 2.17 PERSONAL INCOME AND SAVING Billions of current dollars except as noted; quarterly data at seasonally adjusted annual rates
Account 1996 1997 1998
PERSONAL INCOME AND SAVING
1 Total personal income 6,425.2 6,784.0 7,126.1
2 Wage and salary disbursements 3,631.1 3,889.8 4,149.9
3 Commodity-producing
industries 909.0 975.0 1,026.9
4 Manufacturing 674.6 719.5 751.5
5 Distributive industries 823.3 879.8 939.6
6 Service industries 1,257.9 1,370.8 1,494.0
7 Government and government
enterprises 640.9 664.2 689.3
8 Other labor income 387.0 392.9 406.9
9 Proprietors' income(1) 527.7 551.2 577.2
10 Business and professional(1) 488.8 515.8 548.5
11 Farm(1) 38.9 35.5 28.7
12 Rental income of persons(2) 150.2 158.2 162.6
13 Dividends 248.2 260.3 263.1
14 Personal interest income 719.4 747.3 764.8
15 Transfer payments 1,068.0 1,110.4 1,149.0
16 Old-age survivors,
disability, and health
insurance benefits 538.0 565.9 586.5
17 LESS: Personal contributions
for social insurance 306.3 326.2 347.4
18 EQUALS: Personal income 6,425.2 6,784.0 7,126.1
19 LESS: Personal tax and nontax
payments 890.5 989.0 1,098.3
20 EQUALS: Disposable personal
income 5,534.7 5,795.1 6,027.9
21 LESS: Personal outlays 5,376.2 5,674.1 6,000.2
22 EQUALS: Personal saving 158.5 121.0 27.7
MEMO
Per capita (chained 1992
dollars)
23 Gross domestic product 26,335.7 27,136.2 27,938.9
24 Personal consumption
expenditures 17,893.0 18,340.9 19,065.0
25 Disposable personal income 18,989.0 19,349.0 19,790.0
26 Saving rate (percent) 2.9 2.1 .5
GROSS SAVING
27 Gross saving 1,274.5 1,406.3 1,468.0
28 Gross private saving 1,114.5 1,141.6 1,090.4
29 Personal saving 158.5 121.0 27.7
30 Undistributed corporate
profits(1) 262.4 296.7 305.4
31 Corporate inventory valuation
adjustment -1.2 6.9 14.5
Capital consumption allowances
32 Corporate 452.0 477.3 500.6
33 Noncorporate 232.3 242.8 252.7
34 Gross government saving 160.0 264.7 377.6
35 Federal -39.6 49.5 142.5
36 Consumption of fixed
capital 70.6 70.6 69.7
37 Current surplus or deficit
(-), national accounts -110.3 -21.1 72.8
38 State and local 199.7 215.2 235.2
39 Consumption of fixed
capital 77.1 81.1 85.0
40 Current surplus or deficit
(-), national accounts 122.6 134.1 150.2
41 Gross investment 1,242.3 1,350.5 1,391.5
42 Gross private domestic
investment 1,131.9 1,256.0 1,367.1
43 Gross government investment 229.7 235.4 237.0
44 Net foreign investment -119.2 -140.9 -212.6
45 Statistical discrepancy -32.2 -55.8 -76.5
1998
Account
Q2 Q3 Q4
PERSONAL INCOME AND SAVING
1 Total personal income 7,081.9 7,160.8 7,257.9
2 Wage and salary disbursements 4,117.6 4,177.1 4,242.8
3 Commodity-producing
industries 1,023.2 1,028.0 1,037.4
4 Manufacturing 750.8 750.9 754.1
5 Distributive industries 932.2 945.8 961.5
6 Service industries 1,476.4 1,510.6 1,544.6
7 Government and government
enterprises 685.8 692.7 699.2
8 Other labor income 405.7 408.4 411.0
9 Proprietors' income(1) 571.7 576.1 596.9
10 Business and professional(1) 544.0 550.9 562.2
11 Farm(1) 27.7 25.2 34.7
12 Rental income of persons(2) 161.0 163.6 167.5
13 Dividends 262.1 263.0 265.7
14 Personal interest income 763.0 769.2 769.9
15 Transfer payments 1,145.8 1,152.9 1,158.3
16 Old-age survivors,
disability, and health
insurance benefits 585.0 589.0 590.6
17 LESS: Personal contributions
for social insurance 345.1 349.5 354.1
18 EQUALS: Personal income 7,081.9 7,160.8 7,257.9
19 LESS: Personal tax and nontax
payments 1,092.9 1,108.4 1,124.9
20 EQUALS: Disposable personal
income 5,988.9 6,052.4 6,133.1
21 LESS: Personal outlays 5,963.3 6,039.8 6,133.6
22 EQUALS: Personal saving 25.6 12.6 -.6
MEMO
Per capita (chained 1992
dollars)
23 Gross domestic product 27,783.0 27,972.1 28,299.8
24 Personal consumption
expenditures 19,007.8 19,156.3 19,336.4
25 Disposable personal income 19,719.0 19,829.0 19,980.0
26 Saving rate (percent) .4 .2 .0
GROSS SAVING
27 Gross saving 1,448.5 1,474.5 1,466.6
28 Gross private saving 1,079.0 1,078.7 1,073.7
29 Personal saving 25.6 12.6 0.6
30 Undistributed corporate
profits(1) 300.9 304.8 303.9
31 Corporate inventory valuation
adjustment 7.8 11.7 13.4
Capital consumption allowances
32 Corporate 497.8 503.1 508.9
33 Noncorporate 250.7 254.2 257.5
34 Gross government saving 369.4 395.7 392.9
35 Federal 143.9 161.6 135.8
36 Consumption of fixed
capital 69.5 69.6 70.0
37 Current surplus or deficit
(-), national accounts 74.4 92.0 65.8
38 State and local 225.6 234.2 257.1
39 Consumption of fixed
capital 84.3 85.4 86.6
40 Current surplus or deficit
(-), national accounts 141.3 148.7 170.5
41 Gross investment 1,362.7 1,372.5 1,402.4
42 Gross private domestic
investment 1,345.0 1,364.4 1,392.4
43 Gross government investment 232.5 239.7 238.3
44 Net foreign investment -214.8 -231.6 -228.3
45 Statistical discrepancy -85.7 2,102.0 -64.2
1999
Account
Q1 Q2(r)
PERSONAL INCOME AND SAVING
1 Total personal income 7,349.3 7,441.0
2 Wage and salary disbursements 4,317.0 4,378.5
3 Commodity-producing
industries 1,048.1 1,060.7
4 Manufacturing 759.2 767.5
5 Distributive industries 971.4 982.7
6 Service industries 1,586.2 1,618.9
7 Government and government
enterprises 711.2 716.2
8 Other labor income 414.7 419.6
9 Proprietors' income(1) 598.3 609.0
10 Business and professional(1) 575.8 586.6
11 Farm(1) 22.5 22.4
12 Rental income of persons(2) 167.7 169.8
13 Dividends 268.8 272.7
14 Personal interest income 771.0 777.8
15 Transfer payments 1,175.2 1,181.4
16 Old-age survivors,
disability, and health
insurance benefits 597.9 601.4
17 LESS: Personal contributions
for social insurance 363.4 367.9
18 EQUALS: Personal income 7,349.3 7,441.0
19 LESS: Personal tax and nontax
payments 1,144.1 1,162.4
20 EQUALS: Disposable personal
income 6,205.2 6,278.5
21 LESS: Personal outlays 6,250.7 6,358.6
22 EQUALS: Personal saving -45.5 -80.1
MEMO
Per capita (chained 1992
dollars)
23 Gross domestic product 28,527.9 28,568.3
24 Personal consumption
expenditures 19,602.7 19,783.1
25 Disposable personal income 20,101.0 20,183.0
26 Saving rate (percent) -.7 -1.3
GROSS SAVING
27 Gross saving 1,511.4 1,484.9
28 Gross private saving 1,061.9 1,017.2
29 Personal saving -45.5 -80.1
30 Undistributed corporate
profits(1) 332.5 312.6
31 Corporate inventory valuation
adjustment 11.6 -17.4
Capital consumption allowances
32 Corporate 514.9 521.7
33 Noncorporate 260.0 262.9
34 Gross government saving 449.4 467.7
35 Federal 192.3 209.6
36 Consumption of fixed
capital 69.5 69.4
37 Current surplus or deficit
(-), national accounts 122.7 140.2
38 State and local 257.2 258.1
39 Consumption of fixed
capital 87.5 89.0
40 Current surplus or deficit
(-), national accounts 169.7 169.1
41 Gross investment 1,418.3 1,364.7
42 Gross private domestic
investment 1,417.4 1,417.4
43 Gross government investment 255.6 248.7
44 Net foreign investment -254.7 -301.4
45 Statistical discrepancy -93.1 -120.1
(1.) With inventory valuation and capital consumption adjustments. (2.) With capital consumption adjustment. SOURCE. U.S. Department of Commerce, Survey of Current Business. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion