Economic Report of the President 1994 - The American Presidency ...

More documents

Recommendations

Info

CONTENTSNATIONAL INCOME OR EXPENDITURE:PageB-l. Gross domestic product, 1959-93 268B-2. Gross domestic product in 1987 dollars, 1959-93 270B-3. Implicit price deflators for gross domestic product, 1959-93 272B-4. Fixed-weighted price indexes for gross domestic product, 1987weights, 1959-93 274B-5. Changes in gross domestic product and personal consumption expenditures,and related implicit price deflators and fixedweightedprice indexes, 1960-93 276B-6. Selected per capita product and income series in current and1987 dollars, 1959-93 277B-7. Gross domestic product by major type of product, 1959-93 278B-8. Gross domestic product by major type of product in 1987 dollars,1959-93 279B-9. Gross domestic product by sector, 1959-93 280B-10. Gross domestic product by sector in 1987 dollars, 1959-93 281B-ll. Gross domestic product by industry, 1947-91 282B-12. Gross domestic product by industry in 1987 dollars, fixed 1987weights, 1977-91 283B-13. Gross domestic product of nonfinancial corporate business, 1959-B-14.93 284Output, costs, and profits of nonfinancial corporate business,1959-93 285B-15. Personal consumption expenditures, 1959-93 286B-16. Personal consumption expenditures in 1987 dollars, 1959-93 287B-l7. Gross and net private domestic investment, 1959-93 288B-18. Gross and net private domestic investment in 1987 dollars, 1959-93 289B-19. Inventories and final sales of domestic business, 1959-93 290B-20.B-21.B-22.B-23.Inventories and final sales of domestic business in 1987 dollars,1959-93 291Foreign transactions in the national income and product accounts,1959-93 292Exports and imports of goods and services and receipts and paymentsof factor income in 1987 dollars, 1959-93 293Relation of gross domestic product, gross national product, netnational product, and national income, 1959-93 294B-24. Relation of national income and personal income, 1959-93 295B-25. National income by type of income, 1959-93 296B-26. Sources of personal income, 1959-93 298B-27. Disposition of personal income, 1959-93 300B-28. Total and per capita disposable personal income and personalconsumption expenditures in current and 1987 dollars, 1959-93 301B-29. Gross saving and investment, 1959-93 302B-30. Personal saving, flow of funds accounts, 1946-93 303B-31. Median money income (in 1992 dollars) and poverty status offamilies and persons, by race, selected years, 1971-92 304263
Page 1:
S : Sf:' ;: W^W't-^WW': ;, S 4 Si :
Page 5:
unitedminds
Page 9 and 10:
Economic Report of the PresidentTo
Page 11:
the Technology Reinvestment Project
Page 14:
formed health care system, increase
Page 19 and 20:
CONTENTSPageCHAPTER 1. A STRATEGY F
Page 21:
PageProviding Comprehensive Benefit
Page 24 and 25:
LIST OF CHARTS—CONTINUEDPage3-5 L
Page 27 and 28:
CHAPTER 1A Strategy for Growth and
Page 29 and 30:
which have left consumers and busin
Page 31 and 32:
that growth in both real compensati
Page 33 and 34:
for inflation was on average roughl
Page 35 and 36:
Box 1-2.—Saving, Investment, and
Page 37 and 38:
investments in human capital; inves
Page 39 and 40:
of the income distribution (Table 1
Page 41 and 42:
Box 1-3.—Credible Deficit Reducti
Page 43 and 44:
Chart 1-7 Correlation of Investment
Page 45 and 46:
Box 1~4*~-A Balanced Budget Amendme
Page 47 and 48:
This educational record is not good
Page 49 and 50:
fallen markedly since the 1960s (Ch
Page 51 and 52:
The development and deployment of n
Page 53 and 54:
Earlier rounds of GATT talks had fo
Page 55 and 56:
Chart 1-10 Projected Real Growth Ra
Page 57 and 58:
are therefore on the public dole. M
Page 59:
prise communities and be granted sm
Page 62 and 63:
ingredient that should allow the ec
Page 64 and 65:
Chart 2-2 National Defense Purchase
Page 66 and 67:
Chart 2-3 Growth of U.S. Merchandis
Page 68 and 69:
Chart 2-5 Households: Credit Market
Page 70 and 71:
THE HEADWINDS ARE MOSTLY CALMINGAs
Page 72 and 73:
1993, real consumer spending increa
Page 74 and 75:
RESIDENTIAL INVESTMENTResidential i
Page 76 and 77:
smallest annual increase in 20 year
Page 78 and 79:
ments with the Internal Revenue Ser
Page 80 and 81:
safe-harbor rules for underpayment
Page 82 and 83:
Chart 2-9 Alternative Measures of t
Page 84 and 85:
Meanwhile, the Mountain States were
Page 86 and 87:
inflation is measured by the Blue C
Page 88 and 89:
Saving, Investment, and Capital Acc
Page 90 and 91:
the future should be reflected in l
Page 92 and 93:
Chart 2-15 Dynamic Effects of Defic
Page 94 and 95:
joyed healthy average real GDP grow
Page 96 and 97:
Chart 2-16 Personal Income Taxes as
Page 98 and 99:
TABLE 2-2.— Administration Foreca
Page 100 and 101:
TABLE 2-3.— Accounting for Growth
Page 103 and 104:
CHAPTER 3Trends and Recent Developm
Page 105 and 106:
first quarter of 1991, nonfarm payr
Page 107 and 108:
cause defense cutbacks have caused
Page 109 and 110:
UNEMPLOYMENT AND NONEMPLOYMENTThe U
Page 111 and 112:
Chart 3-3 Civilian Unemployment Rat
Page 113 and 114:
Chart 3-6 Employment-to-Population
Page 115 and 116:
Chart 3-8 Ratio of White-Collar to
Page 117 and 118:
than would be expected given its hi
Page 119 and 120:
that the natural rate is falling? M
Page 121 and 122:
SLOW INCOME GROWTHIncome trends hav
Page 123 and 124:
Chart 3-10 Average Annual Growth of
Page 125 and 126:
Box 3-3.—Consequences of Producti
Page 127 and 128:
likely that immigration could expla
Page 129 and 130:
We do, however, know how many worke
Page 131 and 132:
size. No data are available on vola
Page 133 and 134:
BENEFITSOne of the concerns raised
Page 135 and 136:
edented partnership to develop a nu
Page 137 and 138:
CHAPTER 4Health Care ReformTHE UNIT
Page 139 and 140:
make cost-conscious decisions. In a
Page 141 and 142:
A third rationale for universal cov
Page 143 and 144:
Box 4-1.—Moral Hazard and Adverse
Page 145 and 146:
ies depending on one's health statu
Page 147 and 148:
than people in other countries do,
Page 149 and 150:
sumers are ill equipped to bring st
Page 151 and 152:
By itself, the aging of the populat
Page 153 and 154:
TABLE 4-3.- Sources and Uses of Hea
Page 155 and 156:
about 65 to 70 cents for a typical
Page 157 and 158:
THE ARCHITECTURE OF THE HEALTHSECUR
Page 159 and 160:
etary savings for the Federal Gover
Page 161 and 162:
contribution, within limits. Outsid
Page 163 and 164:
salary income, payments from the em
Page 165 and 166:
TABLE 4-6.—Caps on Premiums by Fi
Page 167 and 168:
An example will illustrate the proc
Page 169 and 170:
TABLE 4-9.—Sources and Uses of Fe
Page 171 and 172:
Chart 4-9 Business Spending on Heal
Page 173:
Health care reform should set the s
Page 176 and 177:
and private sectors, addressing env
Page 178 and 179:
Box 5-1.—Selected National Perfor
Page 180 and 181:
Box 5-2*—Market PowerFirms are sa
Page 182 and 183:
ate regulation. For example, State
Page 184 and 185:
competitiveness of U.S. industry, a
Page 186 and 187:
Box 5-4.—ExternalitiesAn external
Page 188 and 189:
in the habitat of the spotted owl r
Page 190 and 191:
CLIMATE CHANGE ACTION PLANCertain g
Page 192 and 193:
eral, lays a foundation for broader
Page 194 and 195:
The Administration's proposal seeks
Page 196 and 197:
vances in technical know-how have a
Page 198 and 199:
Investments in R&D are risky. Like
Page 200 and 201:
1950s and 1960s, and American compa
Page 202 and 203:
ico and Lawrence Livermore in Calif
Page 204 and 205:
of industry. MOCs will be affiliate
Page 206 and 207:
tiveness. Again, the hoped-for resu
Page 208 and 209:
forts to cut the massive Federal bu
Page 210 and 211:
TECHNOLOGY POLICY, GROWTH, ANDCOMPE
Page 212 and 213:
mitment to an open international tr
Page 214 and 215:
ses, which take such intersectoral
Page 216 and 217:
An important sectoral development i
Page 218 and 219: TABLE 6-3.—Stock of U.S. Outward
Page 220 and 221: technical change has been offered a
Page 222 and 223: ent account is a broader measure of
Page 224 and 225: TABLE 6-6.—Intrafirm Trade as Sha
Page 226 and 227: greater access to the Japanese mark
Page 228 and 229: the transparency of its trade regim
Page 230 and 231: that if the states of the former So
Page 232 and 233: Box 6-3.—Mexican Economic Reforms
Page 234 and 235: 1998, while nontariff barriers on a
Page 236 and 237: ward convergence in environmental a
Page 238 and 239: Box 6-4.—The Asian "Miracle"Per c
Page 240 and 241: Box 6-5.—The Economic Impact of t
Page 242 and 243: development, and environmental clea
Page 244 and 245: THE TRADE POLICY AGENDABy lowering
Page 246 and 247: ignated monopolies. It also establi
Page 248 and 249: The dollar ended 1993 roughly where
Page 250 and 251: Box 6-7.—Exchange-Rate Volatility
Page 252 and 253: Chart 6-5 French Franc-Deutsche Mar
Page 254 and 255: Besides bringing these endeavors to
Page 257 and 258: LETTER OF TRANSMITTALCOUNCIL OF ECO
Page 259 and 260: Report to the President on the Acti
Page 261 and 262: duction budget package, the North A
Page 263 and 264: Working Group studying cost-benefit
Page 265 and 266: prepares the Economic Indicators an
Page 267: Appendix BSTATISTICAL TABLES RELATI
Page 271 and 272: MONEY STOCK, CREDIT, AND FINANCE:Pa
Page 273 and 274: General NotesDetail in these tables
Page 275 and 276: TABLE B-l.—Gross domestic product
Page 277 and 278: TABLE B-2.—Gross domestic product
Page 279 and 280: TABLE B-3.—Implicit price deflato
Page 281 and 282: TABLE B-4.—Fixed-weighted price i
Page 283 and 284: TABLE B-6.—Selected per capita pr
Page 285 and 286: TABLE B-8.—Cross domestic product
Page 287 and 288: TABLE B-10.—Gross domestic produc
Page 289 and 290: TABLE B-12.—Gross domestic produc
Page 291 and 292: TABLE B-14.—Output, costs, and pr
Page 293 and 294: TABLE B-16.—Personal consumption
Page 295 and 296: TABLE B-18.—Gross and net private
Page 297 and 298: TABLE B-20.—Inventories and final
Page 299 and 300: TABLE B-22.—Experts and imports o
Page 301 and 302: TABLE B-24.—Relation of national
Page 303 and 304: TABLE B-25.—National income by ty
Page 305 and 306: TABLE B-26.—Sources of personal i
Page 307 and 308: TABLE B-28.—Total and per capita
Page 309 and 310: Year orquarterPersonalsavingTotalTA
Page 311 and 312: POPULATION, EMPLOYMENT, WAGES, AND
Page 313 and 314: TABLE B-33.—Population and the la
Page 315 and 316: TABLE B-35.—Civilian employment b
Page 317 and 318: TABLE B-37.—Civilian labor force
Page 319 and 320:
TABLE B-39.—Civilian employment/p
Page 321 and 322:
TABLE B-41.—Civilian unemployment
Page 323 and 324:
TABLE B-43.—Unemployment insuranc
Page 325 and 326:
TABLE B-44.—Employees on nonagric
Page 327 and 328:
TABLE B-46.—Employment cost index
Page 329 and 330:
TABLE B-48.—Changes in productivi
Page 331 and 332:
TABLE B-50.—Industrial production
Page 333 and 334:
TABLE B-52.—Capacity utilization
Page 335 and 336:
TABLE B-53.—New construction acti
Page 337 and 338:
TABLE B-55.—Business expenditures
Page 339 and 340:
TABLE B-57.—Manufacturers' shipme
Page 341 and 342:
PRICESTABLE B-59.—Consumer price
Page 343 and 344:
TABLE B-60.—Consumer price indexe
Page 345 and 346:
TABLE B-62.—Changes in special co
Page 347 and 348:
TABLE B-64.—Producer price indexe
Page 349 and 350:
Page 351 and 352:
Page 353 and 354:
MONEY STOCK, CREDIT, AND FINANCETAB
Page 355 and 356:
TABLE B-69.—Components of money s
Page 357 and 358:
TABLE B-71.—Commercial bank loans
Page 359 and 360:
TABLE B-72.—Bond yields and inter
Page 361 and 362:
TABLE B-73.—Total funds raised in
Page 363 and 364:
TABLE B-75.—Mortgage debt outstan
Page 365 and 366:
GOVERNMENT FINANCETABLE B-77.—Fed
Page 367 and 368:
TABLE B-78.—Federal receipts, out
Page 369 and 370:
TABLE B-80.—Federal and State and
Page 371 and 372:
TABLE B-82.—Federal Government re
Page 373 and 374:
TABLE B-84.—State and local gover
Page 375 and 376:
TABLE B-86.—Maturity distribution
Page 377 and 378:
CORPORATE PROFITS AND FINANCETABLE
Page 379 and 380:
TABLE B-90.—Corporate profits of
Page 381 and 382:
TABLE B-92.—Relation of profits a
Page 383 and 384:
TABLE B-94.—Common stock prices a
Page 385 and 386:
AGRICULTURETABLE B-96.—Farm incom
Page 387 and 388:
TABLE B-98.—Farm input use, selec
Page 389 and 390:
TABLE B-100-—U.S. exports and imp
Page 391 and 392:
INTERNATIONAL STATISTICSTABLE B-102
Page 393 and 394:
TABLE B-103.—U.S. international t
Page 395 and 396:
TABLE B-105.—U.S. merchandise exp
Page 397 and 398:
TABLE B-107.—International reserv
Page 399 and 400:
TABLE B-109.—Civilian unemploymen
Page 401 and 402:
TABLE B —111.— Growth rates in
Page 403 and 404:
TABLE B-113.—National wealth in 1
Page 410:
ISBN 0-16-043028-390 00078C 43
show all

Economic Report of the President 1994 - The American Presidency ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?