Economic Report of the President

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TABLE B–38.—Unemployment by demographic characteristic, 1959–2004[Thousands of persons 16 years of age and over; monthly data seasonally adjusted]Year ormonthAllcivilianworkersTotalMalesWhite 1 Black and other 1 Black or African American 1FemalesBothsexes16-19TotalMalesFemalesBothsexes16-19TotalMalesFemalesBothsexes16-191959 .............. 3,740 2,946 1,903 1,043 525 793 517 276 128 ............ ........... ........... ..........1960 .............. 3,852 3,065 1,988 1,077 575 788 498 290 138 ............ ........... ........... ..........1961 .............. 4,714 3,743 2,398 1,345 669 971 599 372 159 ............ ........... ........... ..........1962 .............. 3,911 3,052 1,915 1,137 580 861 509 352 142 ............ ........... ........... ..........1963 .............. 4,070 3,208 1,976 1,232 708 863 496 367 176 ............ ........... ........... ..........1964 .............. 3,786 2,999 1,779 1,220 708 787 426 361 165 ............ ........... ........... ..........1965 .............. 3,366 2,691 1,556 1,135 705 678 360 318 171 ............ ........... ........... ..........1966 .............. 2,875 2,255 1,241 1,014 651 622 310 312 186 ............ ........... ........... ..........1967 .............. 2,975 2,338 1,208 1,130 635 638 300 338 203 ............ ........... ........... ..........1968 .............. 2,817 2,226 1,142 1,084 644 590 277 313 194 ............ ........... ........... ..........1969 .............. 2,832 2,260 1,137 1,123 660 571 267 304 193 ............ ........... ........... ..........1970 .............. 4,093 3,339 1,857 1,482 871 754 380 374 235 ............ ........... ........... ..........1971 .............. 5,016 4,085 2,309 1,777 1,011 930 481 450 249 ............ ........... ........... ..........1972 .............. 4,882 3,906 2,173 1,733 1,021 977 486 491 288 906 448 458 2791973 .............. 4,365 3,442 1,836 1,606 955 924 440 484 280 846 395 451 2621974 .............. 5,156 4,097 2,169 1,927 1,104 1,058 544 514 318 965 494 470 2971975 .............. 7,929 6,421 3,627 2,794 1,413 1,507 815 692 355 1,369 741 629 3301976 .............. 7,406 5,914 3,258 2,656 1,364 1,492 779 713 355 1,334 698 637 3301977 .............. 6,991 5,441 2,883 2,558 1,284 1,550 784 766 379 1,393 698 695 3541978 .............. 6,202 4,698 2,411 2,287 1,189 1,505 731 774 394 1,330 641 690 3601979 .............. 6,137 4,664 2,405 2,260 1,193 1,473 714 759 362 1,319 636 683 3331980 .............. 7,637 5,884 3,345 2,540 1,291 1,752 922 830 377 1,553 815 738 3431981 .............. 8,273 6,343 3,580 2,762 1,374 1,930 997 933 388 1,731 891 840 3571982 .............. 10,678 8,241 4,846 3,395 1,534 2,437 1,334 1,104 443 2,142 1,167 975 3961983 .............. 10,717 8,128 4,859 3,270 1,387 2,588 1,401 1,187 441 2,272 1,213 1,059 3921984 .............. 8,539 6,372 3,600 2,772 1,116 2,167 1,144 1,022 384 1,914 1,003 911 3531985 .............. 8,312 6,191 3,426 2,765 1,074 2,121 1,095 1,026 394 1,864 951 913 3571986 .............. 8,237 6,140 3,433 2,708 1,070 2,097 1,097 999 383 1,840 946 894 3471987 .............. 7,425 5,501 3,132 2,369 995 1,924 969 955 353 1,684 826 858 3121988 .............. 6,701 4,944 2,766 2,177 910 1,757 888 869 316 1,547 771 776 2881989 .............. 6,528 4,770 2,636 2,135 863 1,757 889 868 331 1,544 773 772 3001990 .............. 7,047 5,186 2,935 2,251 903 1,860 971 889 308 1,565 806 758 2681991 .............. 8,628 6,560 3,859 2,701 1,029 2,068 1,087 981 330 1,723 890 833 2801992 .............. 9,613 7,169 4,209 2,959 1,037 2,444 1,314 1,130 390 2,011 1,067 944 3241993 .............. 8,940 6,655 3,828 2,827 992 2,285 1,227 1,058 373 1,844 971 872 3131994 .............. 7,996 5,892 3,275 2,617 960 2,104 1,092 1,011 360 1,666 848 818 3001995 .............. 7,404 5,459 2,999 2,460 952 1,945 984 961 394 1,538 762 777 3251996 .............. 7,236 5,300 2,896 2,404 939 1,936 984 952 367 1,592 808 784 3101997 .............. 6,739 4,836 2,641 2,195 912 1,903 935 967 359 1,560 747 813 3021998 .............. 6,210 4,484 2,431 2,053 876 1,726 835 891 329 1,426 671 756 2811999 .............. 5,880 4,273 2,274 1,999 844 1,606 792 814 318 1,309 626 684 2682000 .............. 5,692 4,121 2,177 1,944 795 ............ ........... ........... .......... 1,241 620 621 2302001 .............. 6,801 4,969 2,754 2,215 845 ............ ........... ........... .......... 1,416 709 706 2602002 ............. 8,378 6,137 3,459 2,678 925 ............ ........... ........... .......... 1,693 835 858 2602003 ............. 8,774 6,311 3,643 2,668 909 ............ ........... ........... .......... 1,787 891 895 2552004 ............. 8,149 5,847 3,282 2,565 890 ............ ........... ........... .......... 1,729 860 868 2412003: Jan ....... 8,484 6,139 3,577 2,562 906 ............ ........... ........... .......... 1,726 883 843 248Feb ....... 8,636 6,183 3,540 2,642 941 ............ ........... ........... .......... 1,772 914 858 252Mar ...... 8,493 6,128 3,475 2,653 921 ............ ........... ........... .......... 1,676 842 835 268Apr ....... 8,822 6,308 3,673 2,634 917 ............ ........... ........... .......... 1,808 911 896 264May ...... 8,926 6,491 3,702 2,789 917 ............ ........... ........... .......... 1,810 982 828 289June ..... 9,228 6,570 3,837 2,733 991 ............ ........... ........... .......... 1,934 966 968 286July ...... 9,024 6,540 3,891 2,649 929 ............ ........... ........... .......... 1,809 878 931 267Aug ...... 8,914 6,494 3,784 2,710 900 ............ ........... ........... .......... 1,810 860 950 218Sept ..... 8,961 6,387 3,658 2,729 904 ............ ........... ........... .......... 1,854 943 911 265Oct ....... 8,755 6,192 3,525 2,666 841 ............ ........... ........... .......... 1,876 932 944 283Nov ...... 8,651 6,265 3,672 2,593 850 ............ ........... ........... .......... 1,692 838 854 202Dec ...... 8,399 6,077 3,445 2,632 852 ............ ........... ........... .......... 1,665 777 889 1952004: Jan ....... 8,303 5,972 3,286 2,686 841 ............ ........... ........... .......... 1,728 856 872 262Feb ....... 8,195 5,975 3,339 2,636 912 ............ ........... ........... .......... 1,598 768 830 171Mar ...... 8,330 6,098 3,414 2,684 867 ............ ........... ........... .......... 1,685 809 876 222Apr ....... 8,143 5,934 3,374 2,560 936 ............ ........... ........... .......... 1,612 777 834 194May ...... 8,172 5,991 3,493 2,498 939 ............ ........... ........... .......... 1,642 793 849 241June ..... 8,228 6,013 3,316 2,697 867 ............ ........... ........... .......... 1,696 822 873 244July ...... 8,184 5,773 3,168 2,605 886 ............ ........... ........... .......... 1,838 899 939 294Aug ...... 8,018 5,752 3,228 2,523 917 ............ ........... ........... .......... 1,749 910 839 235Sept ..... 8,005 5,677 3,186 2,491 865 ............ ........... ........... .......... 1,730 897 834 211Oct ....... 8,066 5,655 3,217 2,438 894 ............ ........... ........... .......... 1,808 914 894 283Nov ...... 8,020 5,640 3,138 2,502 855 ............ ........... ........... .......... 1,814 944 870 263Dec ...... 8,047 5,600 3,171 2,429 931 ............ ........... ........... .......... 1,806 938 868 2351See footnote 1 and Note, Table B–37.Note.—See footnote 5 and Note, Table B–35.Source: Department of Labor, Bureau of Labor Statistics.256
TABLE B–39.—Civilian labor force participation rate and employment/population ratio, 1959–2004[Percent; 1 monthly data seasonally adjusted]Labor force participation rateEmployment/population ratioYear ormonthAllcivilianworkersMalesFemalesBothsexes16–19yearsWhite 2Blackandother 2BlackorAfricanAmerican2AllcivilianworkersMalesFemalesBothsexes16–19yearsWhite 2Blackandother 2BlackorAfricanAmerican21959 ....................... 59.3 83.7 37.1 46.7 58.7 64.3 ............ 56.0 79.3 35.0 39.9 55.9 57.5 ............1960 ....................... 59.4 83.3 37.7 47.5 58.8 64.5 ............ 56.1 78.9 35.5 40.5 55.9 57.9 ............1961 ....................... 59.3 82.9 38.1 46.9 58.8 64.1 ............ 55.4 77.6 35.4 39.1 55.3 56.2 ............1962 ....................... 58.8 82.0 37.9 46.1 58.3 63.2 ............ 55.5 77.7 35.6 39.4 55.4 56.3 ............1963 ....................... 58.7 81.4 38.3 45.2 58.2 63.0 ............ 55.4 77.1 35.8 37.4 55.3 56.2 ............1964 ....................... 58.7 81.0 38.7 44.5 58.2 63.1 ............ 55.7 77.3 36.3 37.3 55.5 57.0 ............1965 ....................... 58.9 80.7 39.3 45.7 58.4 62.9 ............ 56.2 77.5 37.1 38.9 56.0 57.8 ............1966 ....................... 59.2 80.4 40.3 48.2 58.7 63.0 ............ 56.9 77.9 38.3 42.1 56.8 58.4 ............1967 ....................... 59.6 80.4 41.1 48.4 59.2 62.8 ............ 57.3 78.0 39.0 42.2 57.2 58.2 ............1968 ....................... 59.6 80.1 41.6 48.3 59.3 62.2 ............ 57.5 77.8 39.6 42.2 57.4 58.0 ............1969 ....................... 60.1 79.8 42.7 49.4 59.9 62.1 ............ 58.0 77.6 40.7 43.4 58.0 58.1 ............1970 ....................... 60.4 79.7 43.3 49.9 60.2 61.8 ............ 57.4 76.2 40.8 42.3 57.5 56.8 ............1971 ....................... 60.2 79.1 43.4 49.7 60.1 60.9 ............ 56.6 74.9 40.4 41.3 56.8 54.9 ............1972 ....................... 60.4 78.9 43.9 51.9 60.4 60.2 59.9 57.0 75.0 41.0 43.5 57.4 54.1 53.71973 ....................... 60.8 78.8 44.7 53.7 60.8 60.5 60.2 57.8 75.5 42.0 45.9 58.2 55.0 54.51974 ....................... 61.3 78.7 45.7 54.8 61.4 60.3 59.8 57.8 74.9 42.6 46.0 58.3 54.3 53.51975 ....................... 61.2 77.9 46.3 54.0 61.5 59.6 58.8 56.1 71.7 42.0 43.3 56.7 51.4 50.11976 ....................... 61.6 77.5 47.3 54.5 61.8 59.8 59.0 56.8 72.0 43.2 44.2 57.5 52.0 50.81977 ....................... 62.3 77.7 48.4 56.0 62.5 60.4 59.8 57.9 72.8 44.5 46.1 58.6 52.5 51.41978 ....................... 63.2 77.9 50.0 57.8 63.3 62.2 61.5 59.3 73.8 46.4 48.3 60.0 54.7 53.61979 ....................... 63.7 77.8 50.9 57.9 63.9 62.2 61.4 59.9 73.8 47.5 48.5 60.6 55.2 53.81980 ....................... 63.8 77.4 51.5 56.7 64.1 61.7 61.0 59.2 72.0 47.7 46.6 60.0 53.6 52.31981 ....................... 63.9 77.0 52.1 55.4 64.3 61.3 60.8 59.0 71.3 48.0 44.6 60.0 52.6 51.31982 ....................... 64.0 76.6 52.6 54.1 64.3 61.6 61.0 57.8 69.0 47.7 41.5 58.8 50.9 49.41983 ....................... 64.0 76.4 52.9 53.5 64.3 62.1 61.5 57.9 68.8 48.0 41.5 58.9 51.0 49.51984 ....................... 64.4 76.4 53.6 53.9 64.6 62.6 62.2 59.5 70.7 49.5 43.7 60.5 53.6 52.31985 ....................... 64.8 76.3 54.5 54.5 65.0 63.3 62.9 60.1 70.9 50.4 44.4 61.0 54.7 53.41986 ....................... 65.3 76.3 55.3 54.7 65.5 63.7 63.3 60.7 71.0 51.4 44.6 61.5 55.4 54.11987 ....................... 65.6 76.2 56.0 54.7 65.8 64.3 63.8 61.5 71.5 52.5 45.5 62.3 56.8 55.61988 ....................... 65.9 76.2 56.6 55.3 66.2 64.0 63.8 62.3 72.0 53.4 46.8 63.1 57.4 56.31989 ....................... 66.5 76.4 57.4 55.9 66.7 64.7 64.2 63.0 72.5 54.3 47.5 63.8 58.2 56.91990 ....................... 66.5 76.4 57.5 53.7 66.9 64.4 64.0 62.8 72.0 54.3 45.3 63.7 57.9 56.71991 ....................... 66.2 75.8 57.4 51.6 66.6 63.8 63.3 61.7 70.4 53.7 42.0 62.6 56.7 55.41992 ....................... 66.4 75.8 57.8 51.3 66.8 64.6 63.9 61.5 69.8 53.8 41.0 62.4 56.4 54.91993 ....................... 66.3 75.4 57.9 51.5 66.8 63.8 63.2 61.7 70.0 54.1 41.7 62.7 56.3 55.01994 ....................... 66.6 75.1 58.8 52.7 67.1 63.9 63.4 62.5 70.4 55.3 43.4 63.5 57.2 56.11995 ....................... 66.6 75.0 58.9 53.5 67.1 64.3 63.7 62.9 70.8 55.6 44.2 63.8 58.1 57.11996 ....................... 66.8 74.9 59.3 52.3 67.2 64.6 64.1 63.2 70.9 56.0 43.5 64.1 58.6 57.41997 ....................... 67.1 75.0 59.8 51.6 67.5 65.2 64.7 63.8 71.3 56.8 43.4 64.6 59.4 58.21998 ....................... 67.1 74.9 59.8 52.8 67.3 66.0 65.6 64.1 71.6 57.1 45.1 64.7 60.9 59.71999 ....................... 67.1 74.7 60.0 52.0 67.3 65.9 65.8 64.3 71.6 57.4 44.7 64.8 61.3 60.62000 ....................... 67.1 74.8 59.9 52.0 67.3 .......... 65.8 64.4 71.9 57.5 45.2 64.9 .......... 60.92001 ....................... 66.8 74.4 59.8 49.6 67.0 .......... 65.3 63.7 70.9 57.0 42.3 64.2 .......... 59.72002 ....................... 66.6 74.1 59.6 47.4 66.8 .......... 64.8 62.7 69.7 56.3 39.6 63.4 .......... 58.12003 ....................... 66.2 73.5 59.5 44.5 66.5 .......... 64.3 62.3 68.9 56.1 36.8 63.0 .......... 57.42004 ....................... 66.0 73.3 59.2 43.9 66.3 .......... 63.8 62.3 69.2 56.0 36.4 63.1 .......... 57.22003: Jan ............... 66.4 73.5 59.8 45.8 66.6 .......... 64.5 62.5 68.9 56.5 38.0 63.2 .......... 57.7Feb ............... 66.3 73.6 59.6 45.6 66.6 .......... 64.4 62.4 69.1 56.2 37.7 63.2 .......... 57.5Mar .............. 66.2 73.4 59.6 44.8 66.6 .......... 64.0 62.4 69.0 56.3 37.0 63.2 .......... 57.4Apr ............... 66.4 73.7 59.7 45.1 66.7 .......... 64.7 62.4 69.0 56.3 37.0 63.2 .......... 57.7May .............. 66.3 73.6 59.6 44.9 66.5 .......... 65.0 62.3 68.9 56.2 36.9 63.0 .......... 58.0June ............. 66.5 73.7 59.9 45.2 66.7 .......... 64.9 62.3 68.7 56.4 36.7 63.0 .......... 57.4July ............... 66.2 73.5 59.5 44.4 66.5 .......... 64.4 62.2 68.6 56.1 36.3 62.9 .......... 57.4Aug ............... 66.1 73.3 59.5 43.8 66.4 .......... 64.4 62.1 68.6 56.1 36.5 62.8 .......... 57.3Sept .............. 66.1 73.5 59.2 44.1 66.2 .......... 64.6 62.1 68.9 55.7 36.3 62.7 .......... 57.4Oct ............... 66.1 73.4 59.3 43.6 66.4 .......... 64.0 62.2 68.9 56.0 36.1 62.9 .......... 56.8Nov ............... 66.2 73.6 59.3 44.0 66.5 .......... 63.8 62.3 69.0 56.0 37.0 63.0 .......... 57.3Dec ............... 66.0 73.5 59.0 43.0 66.3 .......... 63.2 62.2 69.2 55.7 36.1 62.9 .......... 56.82004: Jan ............... 66.1 73.6 59.1 44.4 66.4 .......... 64.2 62.3 69.4 55.8 36.9 63.1 .......... 57.5Feb ............... 65.9 73.1 59.2 43.5 66.3 .......... 63.4 62.2 69.0 55.9 36.3 63.0 .......... 57.3Mar .............. 65.9 73.3 59.1 43.1 66.2 .......... 64.0 62.2 69.0 55.8 36.0 62.9 .......... 57.5Apr ............... 65.9 73.1 59.1 43.9 66.2 .......... 63.6 62.2 69.0 55.9 36.4 63.0 .......... 57.4May .............. 65.9 73.2 59.2 43.9 66.3 .......... 63.4 62.3 68.9 56.1 36.4 63.1 .......... 57.1June ............. 66.0 73.3 59.2 43.4 66.4 .......... 63.4 62.3 69.2 55.9 36.1 63.1 .......... 56.9July ............... 66.2 73.5 59.3 44.2 66.4 .......... 64.3 62.5 69.4 56.0 36.4 63.3 .......... 57.3Aug ............... 66.0 73.5 59.1 44.1 66.3 .......... 64.0 62.4 69.4 56.0 36.6 63.2 .......... 57.3Sept .............. 65.9 73.2 59.1 43.5 66.1 .......... 63.9 62.3 69.1 56.0 36.2 63.0 .......... 57.3Oct ............... 66.0 73.3 59.1 43.9 66.2 .......... 64.2 62.4 69.2 56.0 36.3 63.1 .......... 57.3Nov ............... 66.1 73.5 59.2 44.2 66.3 .......... 63.8 62.5 69.4 56.1 36.9 63.3 .......... 56.8Dec ............... 66.0 73.3 59.2 44.1 66.2 .......... 63.6 62.4 69.1 56.1 36.4 63.2 .......... 56.71Civilian labor force or civilian employment as percent of civilian noninstitutional population in group specified.2See footnote 1, Table B–37.Note.—Data relate to persons 16 years of age and over.See footnote 5 and Note, Table B-35.Source: Department of Labor, Bureau of Labor Statistics.257
Page 1 and 2:
Economic Reportof the PresidentTran
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C O N T E N T SECONOMIC REPORT OF T
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ECONOMIC REPORT OF THE PRESIDENTTo
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the playing field is level for our
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LETTER OF TRANSMITTALCOUNCIL OF ECO
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Monetary Policy ...................
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Encouraging FDI ...................
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3-4. The Equivalence of Sales Taxes
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Real GDP expanded by 3.7 percent du
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Options for Tax ReformChapter 3, Op
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and better Nation for it. A compreh
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Innovation and the Information Econ
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ecause they do not expect family me
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The Administration has pushed aggre
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C H A P T E R 1The Year in Review a
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Consumer SpendingConsumer spending
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easons for this correlation are dis
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2003, a number of countries that to
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ProductivityRecent productivity gro
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The projected path of inflation as
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strengthen. The forecast is based o
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The growth rate of the economy over
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In sum, potential real GDP is proje
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C H A P T E R 2Expansions Past and
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The behavior of real GDP is similar
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of faltering may be attributable to
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most recent expansions have shown r
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middle of 2003. The more moderate r
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1.2 percent. Employment continued t
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SummaryModerate recessions are foll
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permanent cuts should permanently r
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and the Jobs and Growth Tax Relief
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Federal government revenues had bee
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Fiscal policy played an especially
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C H A P T E R 3Options for Tax Refo
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High Compliance CostsThe complexity
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a reasonable estimate is that a 10
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Excess BurdenBecause taxes distort
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Box 3-3 — continuedThe bottom 40
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more uniform or pure version of the
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of being collected all at once at t
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would have to differ from state tax
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owner claimed it was for business,
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The current set of saving incentive
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the current system. In addition, so
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C H A P T E R 4ImmigrationIn recent
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TABLE 4-1.— Foreign-Born Share of
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immigrants (also called illegal or
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largest group of immigrants was bor
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employment costs, including wage fl
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Chapter 4 | 103
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wages fall in response to immigrati
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immigrants from Latin America do re
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addition, as migrants leave the cou
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include siblings and adult children
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despite the tremendous growth in th
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The TWP would allow new foreign wor
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C H A P T E R 5Expanding Individual
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This phenomenon, known as the “tr
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producing more of that good. Simila
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In 2002, the President proposed “
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provide evidence of increased profi
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schools are four times as efficient
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low administrative costs, estimated
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Box 5-2: The Benefits of Land Title
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development plan designed by others
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C H A P T E R 6Innovation and theIn
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E-mail is the most common online ac
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Changed circumstances, such as new
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Illegal Acts on the InternetThe Int
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or develop new markets, which can l
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inflation factor for the price cap
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U.S. households connecting to local
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garbling their transmissions. To li
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from 51.3 percent in December 1999
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for their property rights. The Admi
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C H A P T E R 7The Global HIV/AIDS
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Chart 7-1 Estimated HIV Infection L
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There is no cure for HIV/AIDS, thou
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AIDS is more damaging to a househol
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and risk reduction have helped redu
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only one price, the drug companies
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Box 7-1 — continuedfocused on the
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Box 7-2 — continuedenhancing coor
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ConclusionThe United States and cou
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Good Two. In Ricardo’s simple mod
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The Impact of Trade on Labor Market
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The U.S. Advantage in Services Trad
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U.S. firms is associated with a cor
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anked the second-best country out o
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the Chinese government agreed to el
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Trade LiberalizationTariffs and oth
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ConclusionThe United States is the
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LETTER OF TRANSMITTALCOUNCIL OF ECO
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Report to the President on theActiv
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The Council continued its efforts t
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The Staff of the Council of Economi
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John List and Ted Gayer provided co
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Appendix BSTATISTICAL TABLES RELATI
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PageB-32. Gross saving and investme
Page 202 and 203: PageB-94. Relation of profits after
Page 204 and 205: NATIONAL INCOME OR EXPENDITURETABLE
Page 206 and 207: TABLE B-2.—Real gross domestic pr
Page 208 and 209: TABLE B-3.—Quantity and price ind
Page 210 and 211: TABLE B-5.—Contributions to perce
Page 212 and 213: TABLE B-6.—Chain-type quantity in
Page 214 and 215: TABLE B-7.—Chain-type price index
Page 216 and 217: TABLE B-8.—Gross domestic product
Page 218 and 219: TABLE B-10.—Gross value added by
Page 220 and 221: TABLE B-12.—Gross domestic produc
Page 222 and 223: TABLE B-13.—Real gross domestic p
Page 224 and 225: TABLE B-14.—Gross value added of
Page 226 and 227: TABLE B-16.—Personal consumption
Page 228 and 229: TABLE B-18.—Private fixed investm
Page 230 and 231: TABLE B-20.—Government consumptio
Page 232 and 233: TABLE B-22.—Private inventories a
Page 234 and 235: TABLE B-24.—Foreign transactions
Page 236 and 237: TABLE B-26.—Relation of gross dom
Page 238 and 239: TABLE B-28.—National income by ty
Page 240 and 241: TABLE B-29.—Sources of personal i
Page 242 and 243: TABLE B-30.—Disposition of person
Page 244 and 245: Year or quarterTABLE B-32.—Gross
Page 246 and 247: TABLE B-33.—Median money income (
Page 248 and 249: TABLE B-35.—Civilian population a
Page 250 and 251: TABLE B-36.—Civilian employment a
Page 254 and 255: TABLE B-40.—Civilian labor force
Page 256 and 257: TABLE B-42.—Civilian unemployment
Page 258 and 259: TABLE B-44.—Unemployment by durat
Page 260 and 261: TABLE B-46.—Employees on nonagric
Page 262 and 263: TABLE B-47.—Hours and earnings in
Page 264 and 265: Year orquarterTABLE B-49.—Product
Page 266 and 267: PRODUCTION AND BUSINESS ACTIVITYTAB
Page 268 and 269: Year ormonthTABLE B-53.—Industria
Page 270 and 271: Year or monthTABLE B-55.—New cons
Page 272 and 273: TABLE B-57.—Manufacturing and tra
Page 274 and 275: TABLE B-59.—Manufacturers’ new
Page 276 and 277: Year ormonthTABLE B-61.—Consumer
Page 278 and 279: TABLE B-62.—Consumer price indexe
Page 280 and 281: TABLE B-64.—Changes in consumer p
Page 282 and 283: TABLE B-65.—Producer price indexe
Page 284 and 285: TABLE B-67.—Producer price indexe
Page 286 and 287: TABLE B-68.—Changes in producer p
Page 288 and 289: TABLE B-70.—Components of money s
Page 290 and 291: TABLE B-71.—Aggregate reserves of
Page 292 and 293: TABLE B-73.—Bond yields and inter
Page 294 and 295: TABLE B-74.—Credit market borrowi
Page 296 and 297: TABLE B-75.—Mortgage debt outstan
Page 298 and 299: TABLE B-77.—Consumer credit outst
Page 300 and 301: TABLE B-79.—Federal receipts, out
Page 302 and 303:
TABLE B-81.—Federal receipts, out
Page 304 and 305:
TABLE B-83.—Federal and State and
Page 306 and 307:
TABLE B-85.—State and local gover
Page 308 and 309:
End of yearor monthTABLE B-87.—U.
Page 310 and 311:
End of monthTABLE B-89.—Estimated
Page 312 and 313:
TABLE B-91.—Corporate profits by
Page 314 and 315:
TABLE B-93.—Sales, profits, and s
Page 316 and 317:
YearComposite(Dec. 31,2002=5,000) 3
Page 318 and 319:
YearAGRICULTURETABLE B-97.—Farm i
Page 320 and 321:
TABLE B-99.—Farm output and produ
Page 322 and 323:
Year ormonthTABLE B-101.—Agricult
Page 324 and 325:
INTERNATIONAL STATISTICSTABLE B-103
Page 326 and 327:
TABLE B-104.—U.S. international t
Page 328 and 329:
TABLE B-106.—U.S. international t
Page 330 and 331:
TABLE B-108.—Industrial productio
Page 332 and 333:
TABLE B-110.—Foreign exchange rat
Page 334:
TABLE B-112.—Growth rates in real
show all

Economic Report of the President

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