TABLE B–46.—Employees on nonagricultural payrolls, by major industry, 1959–2004[Thousands <strong>of</strong> persons; monthly data seasonally adjusted]Goods-producing industriesService-providing industriesYear or monthTotalTotalNaturalresourcesandminingConstructionTotalManufacturingDurablegoodsNondurablegoodsTotalTrade, transportation,andutilities 1TotalRetailtrade1959 ..................................... 53,374 19,163 789 3,050 15,325 8,988 6,337 34,211 10,960 5,4531960 ..................................... 54,296 19,182 771 2,973 15,438 9,071 6,367 35,114 11,147 5,5891961 ..................................... 54,105 18,647 728 2,908 15,011 8,711 6,300 35,458 11,040 5,5601962 ..................................... 55,659 19,203 709 2,997 15,498 9,099 6,399 36,455 11,215 5,6721963 ..................................... 56,764 19,385 694 3,060 15,631 9,226 6,405 37,379 11,367 5,7811964 ..................................... 58,391 19,733 697 3,148 15,888 9,414 6,474 38,658 11,677 5,9771965 ..................................... 60,874 20,595 694 3,284 16,617 9,973 6,644 40,279 12,139 6,2621966 ..................................... 64,020 21,740 690 3,371 17,680 10,803 6,878 42,280 12,611 6,5301967 ..................................... 65,931 21,882 679 3,305 17,897 10,952 6,945 44,049 12,950 6,7111968 ..................................... 68,023 22,292 671 3,410 18,211 11,137 7,074 45,731 13,334 6,9771969 ..................................... 70,512 22,893 683 3,637 18,573 11,396 7,177 47,619 13,853 7,2951970 ..................................... 71,006 22,179 677 3,654 17,848 10,762 7,086 48,827 14,144 7,4631971 ..................................... 71,335 21,602 658 3,770 17,174 10,229 6,944 49,734 14,318 7,6571972 ..................................... 73,798 22,299 672 3,957 17,669 10,630 7,039 51,499 14,788 8,0381973 ..................................... 76,912 23,450 693 4,167 18,589 11,414 7,176 53,462 15,349 8,3711974 ..................................... 78,389 23,364 755 4,095 18,514 11,432 7,082 55,025 15,693 8,5361975 ..................................... 77,069 21,318 802 3,608 16,909 10,266 6,643 55,751 15,606 8,6001976 ..................................... 79,502 22,025 832 3,662 17,531 10,640 6,891 57,477 16,128 8,9661977 ..................................... 82,593 22,972 865 3,940 18,167 11,132 7,035 59,620 16,765 9,3591978 ..................................... 86,826 24,156 902 4,322 18,932 11,770 7,162 62,670 17,658 9,8791979 ..................................... 89,932 24,997 1,008 4,562 19,426 12,220 7,206 64,935 18,303 10,1801980 ..................................... 90,528 24,263 1,077 4,454 18,733 11,679 7,054 66,265 18,413 10,2441981 ..................................... 91,289 24,118 1,180 4,304 18,634 11,611 7,023 67,172 18,604 10,3641982 ..................................... 89,677 22,550 1,163 4,024 17,363 10,610 6,753 67,127 18,457 10,3721983 ..................................... 90,280 22,110 997 4,065 17,048 10,326 6,722 68,171 18,668 10,6351984 ..................................... 94,530 23,435 1,014 4,501 17,920 11,050 6,870 71,095 19,653 11,2231985 ..................................... 97,511 23,585 974 4,793 17,819 11,034 6,784 73,926 20,379 11,7331986 ..................................... 99,474 23,318 829 4,937 17,552 10,795 6,757 76,156 20,795 12,0781987 ..................................... 102,088 23,470 771 5,090 17,609 10,767 6,842 78,618 21,302 12,4191988 ..................................... 105,345 23,909 770 5,233 17,906 10,969 6,938 81,436 21,974 12,8081989 ..................................... 108,014 24,045 750 5,309 17,985 11,004 6,981 83,969 22,510 13,1081990 ..................................... 109,487 23,723 765 5,263 17,695 10,736 6,959 85,764 22,666 13,1821991 ..................................... 108,374 22,588 739 4,780 17,068 10,219 6,849 85,787 22,281 12,8961992 ..................................... 108,726 22,095 689 4,608 16,799 9,945 6,854 86,631 22,125 12,8281993 ..................................... 110,844 22,219 666 4,779 16,774 9,900 6,873 88,625 22,378 13,0211994 ..................................... 114,291 22,774 659 5,095 17,021 10,131 6,890 91,517 23,128 13,4911995 ..................................... 117,298 23,156 641 5,274 17,241 10,372 6,869 94,142 23,834 13,8971996 ..................................... 119,708 23,410 637 5,536 17,237 10,485 6,752 96,299 24,239 14,1431997 ..................................... 122,776 23,886 654 5,813 17,419 10,704 6,716 98,890 24,700 14,3891998 ..................................... 125,930 24,354 645 6,149 17,560 10,910 6,650 101,576 25,186 14,6091999 .................................... 128,993 24,465 598 6,545 17,322 10,830 6,492 104,528 25,771 14,9702000 ..................................... 131,785 24,649 599 6,787 17,263 10,876 6,388 107,136 26,225 15,2802001 .................................... 131,826 23,873 606 6,826 16,441 10,335 6,107 107,952 25,983 15,2392002 .................................... 130,341 22,557 583 6,716 15,259 9,483 5,775 107,784 25,497 15,0252003 .................................... 129,931 21,817 517 6,722 14,525 8,970 5,555 108,114 25,275 14,9122004 p .................................. 131,287 21,889 587 6,923 14,379 8,946 5,434 109,398 25,481 15,0282003: Jan ............................. 130,190 22,122 572 6,712 14,838 9,180 5,658 108,068 25,375 14,946Feb ............................. 130,031 22,005 574 6,661 14,770 9,129 5,641 108,026 25,352 14,925Mar ............................ 129,921 21,949 571 6,661 14,717 9,092 5,625 107,972 25,328 14,912Apr ............................. 129,901 21,880 568 6,689 14,623 9,025 5,598 108,021 25,326 14,929May ............................ 129,873 21,859 570 6,715 14,574 8,993 5,581 108,014 25,302 14,917June ........................... 129,859 21,805 573 6,718 14,514 8,958 5,556 108,054 25,266 14,908July ............................ 129,814 21,744 571 6,721 14,452 8,908 5,544 108,070 25,225 14,897Aug ............................ 129,789 21,712 569 6,739 14,404 8,886 5,518 108,077 25,225 14,912Sept ........................... 129,856 21,697 568 6,754 14,375 8,867 5,508 108,159 25,252 14,927Oct ............................. 129,944 21,674 569 6,754 14,351 8,854 5,497 108,270 25,272 14,948Nov ............................. 130,027 21,686 571 6,771 14,344 8,874 5,470 108,341 25,261 14,922Dec ............................. 130,035 21,668 570 6,774 14,324 8,868 5,456 108,367 25,211 14,8762004: Jan ............................. 130,194 21,696 570 6,812 14,314 8,869 5,445 108,498 25,312 14,945Feb ............................. 130,277 21,684 572 6,791 14,321 8,882 5,439 108,593 25,331 14,963Mar ............................ 130,630 21,778 581 6,853 14,344 8,899 5,445 108,852 25,415 15,013Apr ............................. 130,954 21,822 585 6,872 14,365 8,924 5,441 109,132 25,448 15,037May ............................ 131,162 21,894 589 6,909 14,396 8,946 5,450 109,268 25,477 15,048June ........................... 131,258 21,891 587 6,911 14,393 8,955 5,438 109,367 25,497 15,055July ............................ 131,343 21,906 592 6,916 14,398 8,955 5,443 109,437 25,499 15,038Aug ............................ 131,541 21,939 591 6,936 14,412 8,986 5,426 109,602 25,516 15,049Sept ........................... 131,660 21,958 593 6,958 14,407 8,979 5,428 109,702 25,522 15,031Oct ............................. 131,972 22,016 592 7,018 14,406 8,985 5,421 109,956 25,562 15,056Nov p .......................... 132,109 22,017 595 7,025 14,397 8,979 5,418 110,092 25,580 15,065Dec p .......................... 132,266 22,030 598 7,032 14,400 8,979 5,421 110,236 25,580 15,0451Includes wholesale trade, transportation and warehousing, and utilities, not shown separately.Note.—Data in Tables B–46 and B–47 are based on reports from employing establishments and relate to full- and part-time wage and salaryworkers in nonagricultural establishments who received pay for any part <strong>of</strong> <strong>the</strong> pay period that includes <strong>the</strong> 12th <strong>of</strong> <strong>the</strong> month. Not comparablewith labor force data (Tables B–35 through B–44), which include proprietors, self-employed persons, unpaid family workers, andprivate household workers; which count persons as employed when <strong>the</strong>y are not at work because <strong>of</strong> industrial disputes, badSee next page for continuation <strong>of</strong> table.264
TABLE B–46.—Employees on nonagricultural payrolls, by major industry, 1959–2004—Continued[Thousands <strong>of</strong> persons; monthly data seasonally adjusted]Service-providing industries—ContinuedYear or monthInformationFinancialactivitiesPr<strong>of</strong>essionalandbusinessservicesEducationandhealthservicesLeisureand hospitalityO<strong>the</strong>rservicesGovernmentTotal Federal State Local1959 ..................................... 1,718 2,454 3,591 2,822 3,365 1,107 8,192 2,342 1,484 4,3661960 ..................................... 1,728 2,532 3,694 2,937 3,460 1,152 8,464 2,381 1,536 4,5471961 ..................................... 1,693 2,590 3,744 3,030 3,468 1,188 8,706 2,391 1,607 4,7081962 ..................................... 1,723 2,656 3,885 3,172 3,557 1,243 9,004 2,455 1,669 4,8811963 ..................................... 1,735 2,731 3,990 3,288 3,639 1,288 9,341 2,473 1,747 5,1211964 ..................................... 1,766 2,811 4,137 3,438 3,772 1,346 9,711 2,463 1,856 5,3921965 ..................................... 1,824 2,878 4,306 3,587 3,951 1,404 10,191 2,495 1,996 5,7001966 ..................................... 1,908 2,961 4,517 3,770 4,127 1,475 10,910 2,690 2,141 6,0801967 ..................................... 1,955 3,087 4,720 3,986 4,269 1,558 11,525 2,852 2,302 6,3711968 ..................................... 1,991 3,234 4,918 4,191 4,453 1,638 11,972 2,871 2,442 6,6601969 ..................................... 2,048 3,404 5,156 4,428 4,670 1,731 12,330 2,893 2,533 6,9041970 ..................................... 2,041 3,532 5,267 4,577 4,789 1,789 12,687 2,865 2,664 7,1581971 ..................................... 2,009 3,651 5,328 4,675 4,914 1,827 13,012 2,828 2,747 7,4371972 ..................................... 2,056 3,784 5,523 4,863 5,121 1,900 13,465 2,815 2,859 7,7901973 ..................................... 2,135 3,920 5,774 5,092 5,341 1,990 13,862 2,794 2,923 8,1461974 ..................................... 2,160 4,023 5,974 5,322 5,471 2,078 14,303 2,858 3,039 8,4071975 ..................................... 2,061 4,047 6,034 5,497 5,544 2,144 14,820 2,882 3,179 8,7581976 ..................................... 2,111 4,155 6,287 5,756 5,794 2,244 15,001 2,863 3,273 8,8651977 ..................................... 2,185 4,348 6,587 6,052 6,065 2,359 15,258 2,859 3,377 9,0231978 ..................................... 2,287 4,599 6,972 6,427 6,411 2,505 15,812 2,893 3,474 9,4461979 ..................................... 2,375 4,843 7,312 6,767 6,631 2,637 16,068 2,894 3,541 9,6331980 ..................................... 2,361 5,025 7,544 7,072 6,721 2,755 16,375 3,000 3,610 9,7651981 ..................................... 2,382 5,163 7,782 7,357 6,840 2,865 16,180 2,922 3,640 9,6191982 ..................................... 2,317 5,209 7,848 7,515 6,874 2,924 15,982 2,884 3,640 9,4581983 ..................................... 2,253 5,334 8,039 7,766 7,078 3,021 16,011 2,915 3,662 9,4341984 ..................................... 2,398 5,553 8,464 8,193 7,489 3,186 16,159 2,943 3,734 9,4821985 ..................................... 2,437 5,815 8,871 8,657 7,869 3,366 16,533 3,014 3,832 9,6871986 ..................................... 2,445 6,128 9,211 9,061 8,156 3,523 16,838 3,044 3,893 9,9011987 ..................................... 2,507 6,385 9,608 9,515 8,446 3,699 17,156 3,089 3,967 10,1001988 ..................................... 2,585 6,500 10,090 10,063 8,778 3,907 17,540 3,124 4,076 10,3391989 ..................................... 2,622 6,562 10,555 10,616 9,062 4,116 17,927 3,136 4,182 10,6091990 ..................................... 2,688 6,614 10,848 10,984 9,288 4,261 18,415 3,196 4,305 10,9141991 ..................................... 2,677 6,558 10,714 11,506 9,256 4,249 18,545 3,110 4,355 11,0811992 ..................................... 2,641 6,540 10,970 11,891 9,437 4,240 18,787 3,111 4,408 11,2671993 ..................................... 2,668 6,709 11,495 12,303 9,732 4,350 18,989 3,063 4,488 11,4381994 ..................................... 2,738 6,867 12,174 12,807 10,100 4,428 19,275 3,018 4,576 11,6821995 ..................................... 2,843 6,827 12,844 13,289 10,501 4,572 19,432 2,949 4,635 11,8491996 ..................................... 2,940 6,969 13,462 13,683 10,777 4,690 19,539 2,877 4,606 12,0561997 ..................................... 3,084 7,178 14,335 14,087 11,018 4,825 19,664 2,806 4,582 12,2761998 ..................................... 3,218 7,462 15,147 14,446 11,232 4,976 19,909 2,772 4,612 12,5251999 .................................... 3,419 7,648 15,957 14,798 11,543 5,087 20,307 2,769 4,709 12,8292000 .................................... 3,631 7,687 16,666 15,109 11,862 5,168 20,790 2,865 4,786 13,1392001 .................................... 3,629 7,807 16,476 15,645 12,036 5,258 21,118 2,764 4,905 13,4492002 .................................... 3,395 7,847 15,976 16,199 11,986 5,372 21,513 2,766 5,029 13,7182003 .................................... 3,198 7,974 15,997 16,577 12,125 5,393 21,575 2,756 5,017 13,8022004 p .................................. 3,169 8,048 16,452 16,921 12,322 5,405 21,600 2,713 5,032 13,8552003: Jan ............................. 3,258 7,915 15,902 16,432 12,171 5,397 21,618 2,785 5,021 13,812Feb ............................. 3,233 7,933 15,906 16,465 12,116 5,396 21,625 2,787 5,028 13,810Mar ............................ 3,221 7,945 15,871 16,488 12,107 5,396 21,616 2,789 5,024 13,803Apr ............................. 3,214 7,968 15,897 16,538 12,084 5,397 21,597 2,768 5,020 13,809May ............................ 3,203 7,987 15,943 16,564 12,078 5,396 21,541 2,769 5,013 13,759June ........................... 3,194 7,988 15,967 16,576 12,097 5,399 21,567 2,763 4,996 13,808July ............................ 3,188 7,995 16,021 16,568 12,118 5,394 21,561 2,758 4,990 13,813Aug ............................ 3,174 7,996 15,998 16,591 12,117 5,396 21,580 2,750 4,997 13,833Sept ........................... 3,175 8,004 16,051 16,622 12,126 5,390 21,539 2,747 5,019 13,773Oct ............................. 3,166 7,990 16,070 16,678 12,147 5,387 21,560 2,736 5,031 13,793Nov ............................. 3,172 7,985 16,114 16,705 12,178 5,382 21,544 2,723 5,023 13,798Dec ............................. 3,175 7,981 16,159 16,731 12,192 5,374 21,544 2,720 5,027 13,7972004: Jan ............................. 3,163 7,981 16,172 16,746 12,218 5,379 21,527 2,715 5,007 13,805Feb ............................. 3,169 7,989 16,196 16,764 12,229 5,376 21,539 2,716 5,018 13,805Mar ............................ 3,169 8,003 16,237 16,813 12,271 5,391 21,553 2,710 5,023 13,820Apr ............................. 3,173 8,015 16,363 16,854 12,303 5,404 21,572 2,727 5,019 13,826May ............................ 3,177 8,029 16,432 16,871 12,331 5,407 21,544 2,712 5,004 13,828June ........................... 3,182 8,049 16,457 16,897 12,339 5,418 21,528 2,716 5,004 13,808July ............................ 3,173 8,044 16,490 16,901 12,344 5,414 21,572 2,710 5,019 13,843Aug ............................ 3,166 8,053 16,518 16,965 12,341 5,414 21,629 2,712 5,035 13,882Sept ........................... 3,159 8,078 16,548 16,980 12,353 5,410 21,652 2,713 5,047 13,892Oct ............................. 3,163 8,092 16,643 17,049 12,362 5,410 21,675 2,706 5,058 13,911Nov p .......................... 3,164 8,107 16,664 17,086 12,387 5,417 21,687 2,713 5,066 13,908Dec p .......................... 3,161 8,121 16,705 17,133 12,399 5,421 21,716 2,706 5,076 13,934Note (cont’d).—wea<strong>the</strong>r, etc., even if <strong>the</strong>y are not paid for <strong>the</strong> time <strong>of</strong>f; which are based on a sample <strong>of</strong> <strong>the</strong> working-age population; andwhich count persons only once—as employed, unemployed, or not in <strong>the</strong> labor force. In <strong>the</strong> data shown here, persons who work at more thanone job are counted each time <strong>the</strong>y appear on a payroll.Establishment data for employment, hours, and earnings are classified based on <strong>the</strong> 2002 North American Industry Classification System(NAICS).For fur<strong>the</strong>r description and details see Employment and Earnings.Source: Department <strong>of</strong> Labor, Bureau <strong>of</strong> Labor Statistics.265
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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
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PageB-94. Relation of profits after
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NATIONAL INCOME OR EXPENDITURETABLE
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TABLE B-2.—Real gross domestic pr
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TABLE B-3.—Quantity and price ind
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- 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