Business Statistics of the United States 2011 - Patterns of Economic Change

Business Statistics of the United States: Patterns of Economic Change is a comprehensive and practical collection of data that reflects the nation's economic performance since 1929. It provides over 80 years of annual data in regional, demographic, and industrial detail for key indicators such as: gross domestic product, personal income, spending, saving, employment, unemployment, the capital stock, and more.A major reorganization in this edition of Business Statistics of the United States brings together in one place all historical data back to the year 1929 for each of the major U.S. economic indicators, instead of showing recent data in one chapter and historical background in another. More than ever, Business Statistics is the best place to find historical perspectives on the U.S. economy. Of equal importance to the data are the introductory highlights, extensive notes, and figures for each chapter that help users to understand the data, use them appropriately, and, if desired, seek additional information from the sources agencies. Business Statistics of the United States provides a rich and deep picture of the American economy and contains approximately 3,500 time series in all. The data are predominately from federal government sources including: .Board of Governors of The Federal Reserve System.Bureau of Economic Analysis.Bureau of Labor Statistics.Census Bureau.Employment and Training Administration.Energy Information Administration.Federal Housing Finance Agency.U.S. Department of the TreasuryNew to this Edition: .More historical data have been added..The monthly index of industrial production is shown all the way back to 1919, and monthly indexes of consumer and producer prices back to 1913. In both cases, these are the earliest dates for which the originating agencies (respectively, the Federal Reserve Board and the Bureau of Labor Statistics) have compiled a continuous series..Additional data for those who would like to compare inflation rates among major industrial countries have been included. A new table includes "Harmonized Indexes of Consumer Prices" for the United States, the European Union, the Euro area, 12 European nations, and Japan, all converted to the same conceptual basis representing both urban and rural households and excluding owner-occupied housing..Annual data from the Bureau of Labor Statistics on hours worked per person, from the Current Population Survey (CPS), going back as far as 1948 has been addded. These differ rather dramatically from the well-known "average workweek" statistics from the Current Employment Statistics survey (CES) that are reported monthly and have always been included in Business Statistics..In the lead article, "Business Statistics in Recession and Recovery," which compares the current recession-recovery period with earlier business cycles, has been extended through April 2011. In addition, there is a detailed comparison of economic characteristics of the last three completed peak-to-peak business cycle periods.Some interesting facts found inside Business Statistics: .In 2010, the median unemployed worker had been out of work 21.4 weeks double the median length of unemployment in 1983 or 2003..By March 2011, there were 2.6 million more employed than at the December 2009 low. The employment/population ratio moved up from a low of 58.2 percent in November 2010 to 58.5 percent in March 2011..The value of imports from China, which grew by an average 23 percent per year from 2001 to 2006, slowed to a 6 percent increase between 2006 and 2010..The housing sector was the source of the boom and bust cycle of 2001 2009. In 2005, 2.1 million housing units were started, the highest since 1972. Of those, 1.7 million were one-family homes, an all-time record. By 2009, both total and single-family starts had plunged to the lowest levels of their 50-year history, and activity in 2010 was only slightly higher..Sales of cars and light trucks were 10.4 million in 2009, down 39 percent from their recent high in 2005; they recovered 11 percent in 2010..From 2007 to 2010, the deficit rose from 1.7 percent of GDP to 9.1 percent, an increase of 7.4 percentage points. Contributing to this were a 2.7 percentage point drop in tax receipts, an 0.7 percent increase in defense program spending, an 0.6 percentage point increase in non-defense program spending, and a 2.9 percentage point rise in social benefits to persons such as Social Security and unemployment insurance..Total federal government current expenditures increased from 17.6 percent of gross domestic product (GDP) in 1953 the peak for Korean War spending to 25.4 percent of GDP in 2010..Household spending on health in 2009 made up 20.3 percent of all household consumption spending four and one/half times the percentage in 1948. This includes medical care payments made by government and private insurance on behalf of individuals as well as out-of-pocket consumer payments.

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CONTENTS Preface Article--"Business Statistics in Recession and Recovery" Business cycles in the U.S. economy Table A-1: Business Cycle Reference Dates What was the Great Depression? Tracking recession and recovery: total payroll employment Figure A-1: Four Recession-Recoveries Compared: Total Payroll Employment Relative to NBER Cycle Peak Analytical techniques for growth issues Comparison of the last three completed peak-to-peak periods Table A-2: Three Peak-to-Peak Periods Compared Whose standard of living? Article--"The U.S. Economy 1929--1948" General Notes PART A: THE U.S. ECONOMY CHAPTER 1: NATIONAL INCOME AND PRODUCT Section 1a: Gross Domestic Product: Values, Quantities, and Prices Figure 1-1: Output Per Capita Tables 1-1A: Gross Domestic Product: Recent Data 1-1B: Gross Domestic Product: Historical 1-2A: Real Gross Domestic Product: Recent Data 1-2B: Real Gross Domestic Product: Historical 1-3A: U.S. Population and Per Capita Product and Income: Recent Data 1-3B: U.S. Population and Per Capita Product and Income: Historical 1-4A: Contributions to Percent Change in Real Gross Domestic Product: Recent Data 1-4B: Contributions to Percent Change in Real Gross Domestic Product: Historical 1-5A: Chain-Type Quantity Indexes for Gross Domestic Product and Domestic Purchases: Recent Data 1-5B: Chain-Type Quantity Indexes for Gross Domestic Product and Domestic Purchases: Historical 1-6A: Chain-Type Price Indexes for Gross Domestic Product and Domestic Purchases: Recent Data 1-6B: Chain-Type Price Indexes for Gross Domestic Product and Domestic Purchases: Historical 1-7: Final Sales Figure 1-2: Private Nonfarm Inventory-Sales Ratios 1-8A: Inventory Change and Inventory-Sales Ratios: Recent Data 1-8B: Inventory Change and Inventory-Sales Ratios: Historical Figure 1-3: Shares of Aggregate Final Demand 1-9: Shares of Aggregate Supply 1-10: Shares of Aggregate Final Demand Section 1b: Income and Value Added Figure 1-4: Factor Income by Type Tables 1-11: Relation of Gross Domestic Product, Gross and Net National Product, National Income, and Personal Income 1-12: Gross Domestic Income by Type of Income 1-13A: National Income by Type of Income: Recent Data 1-13B: National Income by Type of Income: Historical 1-14: Gross and Net Value Added of Domestic Corporate Business 1-15: Gross Value Added of Nonfinancial Domestic Corporate Business in Current and Chained Dollars 1-16: Rates of Return and Related Data for Domestic Nonfinancial Corporations Notes and Definitions CHAPTER 2: INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Figure 2-1: Capacity Utilization: Total Manufacturing and High-Tech Industries Tables 2-1: Industrial Production Indexes by Market Groups 2-2: Industrial Production Indexes by NAICS Industry Groups 2-3: Capacity Utilization by NAICS Industry Groups 2-4A: Industrial Production and Capacity Utilization: Historical Data, 1947--2008 2-4B: Industrial Production: Historical Data, 1919--1947 Notes and Definitions CHAPTER 3: INCOME DISTRIBUTION AND POVERTY Section 3a: Household and Family Income Figure 3-1: Median and Mean Household Income Tables 3-1: Median and Mean Household Income and Median Earnings 3-2: Median Income and Poverty Rates by Race and Hispanic Origin Using 3-Year Moving Averages 3-3: Median Family Income by Type of Family 3-4: Shares of Aggregate Income Received by Each Fifth and Top 5 Percent of Households 3-5: Shares of Aggregate Income Received by Each Fifth and Top 5 Percent of Families 3-6: Median Household Income by State Section 3b: Poverty Figure 3-2: Poverty Rates: Total, Children, and Seniors Tables 3-7: Weighted Average Poverty Thresholds by Family Size 3-8: Poverty Status of People by Race and Hispanic Origin 3-9: Poverty Status of Families by Type of Family 3-10: Poverty Status of People by Sex and Age 3-11: Poor People Age 16 Years and Older by Work Experience 3-12: Poverty Rates by State Section 3c: Alternative Measures of Income and Poverty Figure 3-3: Poverty Rates, Official and NAS-Based Tables 3-13: Poverty Rates and Income Distribution Coefficients for People, Based on Alternative Definitions of Income 3-14: Official and National Academy of Sciences (NAS)-Based Poverty Rates 3-15: Comparison of NAS-Based and Official Poverty Rates by Selected Characteristics Notes and Definitions CHAPTER 4: CONSUMER INCOME AND SPENDING Figure 4-1: Personal Saving Rate Tables 4-1A: Personal Income and Its Disposition: Recent Data 4-1B: Personal Income and Its Disposition: Historical 4-2: Personal Consumption Expenditures by Major Type of Product 4-3: Chain-Type Quantity Indexes for Personal Consumption Expenditures by Major Type of Product 4-4: Chain-Type Price Indexes for Personal Consumption Expenditures by Major Type of Product Figure 4-2: Personal Consumption Expenditures by Type of Expenditure 4-5: Household Consumption Expenditures by Function 4-6: Personal Saving: Households and Nonprofit Institutions Serving Households Notes and Definitions CHAPTER 5: SAVING AND INVESTMENT Figure 5-1: National Saving, Investment, and Borrowing Tables 5-1A: Saving and Investment: Recent Data 5-1B: Saving and Investment: Historical 5-2: Gross Private Fixed Investment by Type 5-3: Real Gross Private Fixed Investment by Type Figure 5-2: Real Private Fixed Investment by Major Type 5-4: Chain-Type Quantity Indexes for Private Fixed Investment by Type 5-5A: Current-Cost Net Stock of Fixed Assets: Recent Data 5-5B: Current-Cost Net Stock of Fixed Assets: Historical 5-6A: Chain-Type Quantity Indexes for Net Stock of Fixed Assets: Recent Data 5-6B: Chain-Type Quantity Indexes for Net Stock of Fixed Assets: Historical 5-7: Capital Expenditures 5-8: Capital Expenditures for Structures and Equipment for Companies with Employees by Major NAICS Industry Sector Notes and Definitions CHAPTER 6: GOVERNMENT Section 6a: Federal Government in the National Income and Product Accounts Figure 6-1: Federal Government Saving and Dis-saving Tables 6-1: Federal Government Current Receipts and Expenditures 6-2: Federal Government Consumption Expenditures and Gross Investment 6-3: Federal Government Defense and Nondefense Consumption Expenditures by Type 6-4: National Defense Consumption Expenditures and Gross Investment: Selected Detail 6-5: Federal Government Output, Lending and Borrowing, and Net Investment 6-6: Chain-Type Quantity Indexes for Federal Government Defense and Nondefense Consumption Expenditures and Gross Investment 6-7: Chain-Type Quantity Indexes for National Defense Consumption Expenditures and Gross Investment: Selected Detail Section 6b: State and Local Government in the National Income and Product Accounts Figure 6-2: State and Local Government Current Receipts and Expenditures Tables 6-8: State and Local Government Current Receipts and Expenditures 6-9: State and Local Government Consumption Expenditures and Gross Investment 6-10: State and Local Government Output, Lending and Borrowing, and Net Investment 6-11: Chain-Type Quantity Indexes for State and Local Government Consumption Expenditures and Gross Investment 6-12: State Government Current Receipts and Expenditures 6-13: Local Government Current Receipts and Expenditures Section 6c: Federal Government Budget Accounts Figure 6-3: Federal Debt as a Percent of GDP Tables 6-14A: Federal Government Receipts and Outlays by Fiscal Year 6-14B: The Federal Budget and GDP 6-15: Federal Government Debt by Fiscal Year Section 6d: Government Output and Employment Figure 6-4: Government Employment Tables 6-16: Chain-Type Quantity Indexes for Government Output 6-17: Government Employment Notes and Definitions CHAPTER 7: U.S. FOREIGN TRADE AND FINANCE Section 7a: Foreign Transactions in the National Income and Product Accounts Figure 7-1: Receipts, Payments, and Balance on Current Account Tables 7-1: Foreign Transactions in the National Income and Product Accounts 7-2: Chain-Type Quantity Indexes for Exports and Imports of Goods and Services 7-3: Chain-Type Price Indexes for Exports and Imports of Goods and Services 7-4: Exports and Imports of Selected NIPA Types of Product 7-5: Chain-Type Quantity Indexes for Exports and Imports of Selected NIPA Types of Product Section 7b: U.S. International Transactions Accounts Figure 7-2: Balance on Current Account and Financial Inflows and Outflows Tables 7-6A: U.S. International Transactions: Recent Data 7-6B: U.S. International Transactions: Historical 7-7: Foreigners' Transactions in Long-Term Securities with U.S. Residents 7-8: International Investment Position of the United States at Year-End Section 7c: Exports and Imports Figure 7-3: Foreign Trade Balances on Goods and Services Tables 7-9: U.S. Exports and Imports of Goods and Services 7-10: U.S. Exports of Goods by End-Use and Advanced Technology Categories 7-11: U.S. Imports of Goods by End-Use and Advanced Technology Categories 7-12: U.S. Exports and Imports of Goods by Principal End-Use Category in Constant Dollars 7-13: U.S. Exports of Goods by Selected Regions and Countries 7-14: U.S. Imports of Goods by Selected Regions and Countries 7-15: U.S. Exports of Services 7-16: U.S. Imports of Services 7-17: U.S. Export and Import Price Indexes by End-Use Category Notes and Definitions CHAPTER 8: PRICES Figure 8-1: Inflation Indicators Tables 8-1A: Summary Consumer and Producer Price Indexes: Recent Data 8-1B: Summary Consumer and Producer Price Indexes: Historical, 1947--2010 8-1C: Consumer and Producer Price Indexes: Historical, 1913--1949 Figure 8-2: Consumer Prices: All Items, Medical Care, and Apparel 8-2: Consumer Price Indexes and Purchasing Power of the Dollar 8-3: Alternative Measures of Total and Core Consumer Prices: Index Levels 8-4: Alternative Measures of Total and Core Consumer Prices: Inflation Rates 8-5: Producer Price Indexes by Stage of Processing 8-6: Producer Price Indexes by Major Commodity Groups 8-7: Producer Price Indexes for the Net Output of Selected NAICS Industry Groups Notes and Definitions CHAPTER 9: EMPLOYMENT COSTS, PRODUCTIVITY, AND PROFITS Section 9a: Employment Cost Indexes Figure 9-1: Changes in Wages and Salaries and in Benefit Costs, Private Nonfarm Industry Tables 9-1: Employment Cost Indexes, NAICS Basis 9-2: Employment Cost Indexes, SIC Basis Section 9b: Productivity and Related Data Figure 9-2: Change in Labor Productivity, Nonfarm Business Table 9-3A: Productivity and Related Data: Recent Data 9-3B: Productivity and Related Data: Historical Section 9c: Returns and Profits by Industry Figure 9-3: Rates of Return, Nonfinancial Industry Groups Tables 9-4: Rates of Return and Related Data for Major Nonfinancial Industry Groups, NAICS Basis 9-5: Corporate Profits with Inventory Valuation Adjustment by Industry Group, NAICS Basis 9-6: Corporate Profits with Inventory Valuation Adjustment by Industry Group, SIC Basis Notes and Definitions CHAPTER 10: EMPLOYMENT, HOURS, AND EARNINGS Section 10a: Labor Force, Employment, and Unemployment from the Current Population Survey Figure 10-1: Labor Force Participation Rate and Employment/Population Ratio Tables 10-1A: Summary Labor Force, Employment, and Unemployment: Recent Data 10-1B: Summary Labor Force, Employment, and Unemployment: Historical 10-2: Labor Force and Employment by Major Age and Sex Groups 10-3: Employment by Type of Job Figure 10-2: Unemployment Rate 10-4: Unemployment by Demographic Group 10-5: Unemployment Rates and Related Data 10-6: Labor Force and Employment Estimates Smoothed for Population Adjustments 10-7: Insured Unemployment Section 10b: Payroll Employment, Hours, and Earnings from the Current Employment Statistics Survey Figure 10-3: Total Nonfarm Payroll Employment Tables 10-8A: Nonfarm Payroll Employment by NAICS Supersector: Recent Data 10-8B: Nonfarm Payroll Employment by NAICS Supersector: Historical Annual 10-9: Employment, Hours, and Earnings, Total Nonfarm and Manufacturing, Historical Annual and Monthly Figure 10-4: Average Weekly Hours of All Employees, Monthly 10-10: Average Weekly Hours of All Employees on Private Nonfarm Payrolls by NAICS Supersector 10-11: Indexes of Aggregate Weekly Hours of All Employees on Private Nonfarm Payrolls by NAICS Supersector 10-12: Average Hourly Earnings of All Employees on Private Nonfarm Payrolls by NAICS Supersector 10-13: Average Weekly Earnings of All Employees on Private Nonfarm Payrolls by NAICS Supersector 10-14: Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Supersector 10-15: Average Weekly Hours of Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Supersector 10-16: Indexes of Aggregate Weekly Hours of Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Supersector 10-17: Average Hourly Earnings of Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Supersector 10-18: Average Weekly Earnings of Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Supersector Section 10c: Other Significant Labor Market Data Figure 10-5: Average Hours Worked, Per Employed Person and Per Job 10-19: Hours at Work, Current Population Survey Figure 10-6: Real Median Weekly Earnings 10-20: Median Usual Weekly Earnings of Full-Time Wage and Salary Workers 10-21: Employment by SIC Industry, Historical Annual Notes and Definitions CHAPTER 11: ENERGY Figure 11-1: Energy Consumption and Prices Tables 11-1: Energy Supply and Consumption 11-2: Energy Consumption per Dollar of Real Gross Domestic Product Notes and Definitions CHAPTER 12: MONEY, INTEREST, ASSETS, LIABILITIES, AND ASSET PRICES Figure 12-1: Federal Funds Rate and 10-Year Treasury Securities Rate Tables 12-1A: Money Stock Measures and Components of M1: Recent Data 12-1B: Money Stock: Historical, 1929--1946 12-1C: Money Stock: Historical, January 1947-January 1959 12-1D: Money Stock, Reserves, and Monetary Base: Historical, from January 1959 12-2: Components of Non-M1 M2 12-3: Aggregate Reserves, Monetary Base, and FR Balance Sheet 12-4A: Commercial Banks: Bank Credit and Selected Liabilities: Recent Data 12-4B: Bank Credit and Other Credit Instruments: Historical Figure 12-2: Debt Ratios 12-5: Credit Market Debt Outstanding, by Borrower and Lender Figure 12-3: Ratios of Household Debt Service and Financial Obligations to Disposable Personal Income 12-6: Household Assets, Liabilities, Net Worth, Financial Obligations, and Delinquency Rates 12-7: Mortgage Debt Outstanding 12-8: Consumer Credit 12-9A: Summary Interest Rates, Bond Yields, and Stock Prices: Recent Data 12-9B: Summary Interest Rates, Bond Yields, and Stock Prices: Historical 12-10: Selected Interest Rates Figure 12-4: S&P Stock Price Index and FHFA House Price Index 12-11: Selected Stock and Housing Market Data Notes and Definitions CHAPTER 13: INTERNATIONAL COMPARISONS Figure 13-1: Real GDP Per Capita, United States and 3 Other Countries Tables 13-1: International Comparisons: Growth Rates in Real Gross Domestic Product 13-2: International Comparisons: Real GDP Per Capita 13-3: International Comparisons: Real GDP Per Employed Person 13-4A: International Comparisons: Consumer Price Indexes 13-4B: International Comparisons: Harmonized Indexes of Consumer Prices 13-5: International Comparisons: Civilian Working Age Population 13-6: International Comparisons: Civilian Employment-Population Ratios 13-7: International Comparisons: Civilian Unemployment Rates Figure 13-2: International Value of the U.S. Dollar 13-8: Foreign Exchange Rates Notes and Definitions PART B: INDUSTRY PROFILES CHAPTER 14: INDUSTRY DEFINITION AND STRUCTURE The Structure of U.S. Industry: An Introduction to the North American Industry Classification System (NAICS) Table 14-1: NAICS Industry Definitions: With Rough Derivation from SIC CHAPTER 15: PRODUCT AND INCOME BY INDUSTRY Figure 15-1: Growth Rates, Industry Groups and Selected Industries Tables 15-1: Gross Domestic Product (Value Added) by NAICS Industry Group 15-2: Chain-Type Quantity Indexes for Value Added by NAICS Industry Group 15-3: Gross Domestic Factor Income by NAICS Industry Group Notes and Definitions CHAPTER 16: EMPLOYMENT, HOURS, AND EARNINGS BY NAICS INDUSTRY Figure 16-1: Net New Nonfarm Payroll Jobs by Major NAICS Industry Group Tables 16-1: Nonfarm Employment by NAICS Sector and Industry 16-2: Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Industry 16-3: Average Weekly Hours of Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Industry 16-4: Average Hourly Earnings of Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Industry 16-5: Average Weekly Earnings of Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Industry 16-6: Indexes of Aggregate Weekly Hours of Production and Nonsupervisory Workers on Private Nonfarm Payrolls by NAICS Industry Notes and Definitions CHAPTER 17: KEY SECTOR STATISTICS Figure 17-1: Housing Starts Tables 17-1: Petroleum and Petroleum Products--Prices, Imports, Domestic Production, and Stocks 17-2: New Construction Put in Place 17-3: Housing Starts and Building Permits; New House Sales and Prices 17-4: Manufacturers' Shipments 17-5: Manufacturers' Inventories 17-6: Manufacturers' New Orders 17-7: Manufacturers' Unfilled Orders, Durable Goods Industries 17-8: Motor Vehicle Sales and Inventories 17-9: Retail and Food Services Sales 17-10: Quarterly Retail Sales: Total and E-Commerce 17-11: Retail Inventories 17-12: Merchant Wholesalers--Sales and Inventories 17-13: Manufacturing and Trade Sales and Inventories 17-14: Real Manufacturing and Trade Sales and Inventories 17-15: Selected Services--Quarterly Estimated Revenue for Employer Firms Notes and Definitions PART C: REGIONAL AND STATE DATA CHAPTER 18: REGIONAL AND STATE DATA Figure 18-1: Per Capita Personal Income, United States and Selected States Tables 18-1: Gross Domestic Product by Region and State 18-2: Personal Income and Employment by Region and State Notes and Definitions INDEX

Info autore

Cornelia J. Strawser, PhD, is the senior economic consultant to Bernan Press. She edited the seventh through thirteenth editions and was the co-editor of two previous editions of Business Statistics. She was co-editor of Foreign Trade of the United States, 2001, and also worked on the Handbook of U.S. Labor Statistics. She was formerly a senior economist for the U.S. House of Representatives Budget Committee and has also served at the Senate Budget Committee, at the Congressional Budget Office, and on the Federal Reserve Board staff. Her initial experience consisted of compiling and analyzing the Board's Index of Industrial Production. In subsequent positions, she specialized in critical analysis of incoming economic data and advice to policy makers on subjects such as the interpretation of the position of the economy relative to the business cycle, the interactions between monetary and fiscal policy and the economy, and issues of income growth, income distribution, and poverty. Currently, she continually monitors the press and new government data releases in order to keep Business Statistics up to date and relevant, and also on occasion contributes corrections of mis-stated economic data to major daily newspapers. She holds a bachelor's degree from Stanford University and a PhD from George Washington University, both in economics.

Dettagli sul prodotto

• Autori: Bernan Press, Cornelia J. Bernan Press (COR)/ Strawser, Cornelia J. Strawser
• Con la collaborazione di: Cornelia J. Strawser (Editore)
• Editore: Rowman and Littlefield
• Lingue: Inglese
• Formato: Copertina rigida
• Pubblicazione: 16.11.2011
• EAN: 9781598884869
• ISBN: 978-1-59888-486-9
• Pagine: 650
• Serie: Business Statistics of the Uni
• Categoria: Scienze sociali, diritto, economia > Economia > Tematiche generali, enciclopedie