Economic Report of the President

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TABLE B–59.—Manufacturers’ new and unfilled orders, 1965–2004[Amounts in millions of dollars; monthly data seasonally adjusted]Neworders 1Unfilledorders 2Unfilled orders—shipmentsratio 2Year or monthTotalDurable goodsindustriesTotalCapitalgoods,nondefenseNondurablegoodsindustriesTotalDurablegoodsindustriesNondurablegoodsindustriesTotalDurablegoodsindustriesNondurablegoodsindustriesSIC: 31965 ................ 42,137 23,286 .................. 18,851 78,249 74,459 3,790 3.25 3.86 0.791966 ................ 46,420 26,163 .................. 20,258 96,846 93,002 3,844 3.74 4.48 .751967 ................ 47,067 25,803 .................. 21,265 103,711 99,735 3,976 3.66 4.37 .731968 ................ 50,657 28,051 6,314 22,606 108,377 104,393 3,984 3.79 4.58 .691969 ................ 53,990 29,876 7,046 24,114 114,341 110,161 4,180 3.71 4.45 .691970 ................ 52,022 27,340 6,072 24,682 105,008 100,412 4,596 3.61 4.36 .761971 ................ 55,921 29,905 6,682 26,016 105,247 100,225 5,022 3.32 4.00 .761972 ................ 64,182 35,038 7,745 29,144 119,349 113,034 6,315 3.26 3.85 .861973 ................ 76,003 42,627 9,926 33,376 156,561 149,204 7,357 3.80 4.51 .911974 ................ 87,327 46,862 11,594 40,465 187,043 181,519 5,524 4.09 4.93 .621975 ................ 85,139 41,957 9,886 43,181 169,546 161,664 7,882 3.69 4.45 .821976 ................ 99,513 51,307 11,490 48,206 178,128 169,857 8,271 3.24 3.88 .741977 ................ 115,109 61,035 13,681 54,073 202,024 193,323 8,701 3.24 3.85 .711978 ................ 131,629 72,278 17,588 59,351 259,169 248,281 10,888 3.57 4.20 .811979 ................ 147,604 79,483 21,154 68,121 303,593 291,321 12,272 3.89 4.62 .821980 ................ 156,359 79,392 21,135 76,967 327,416 315,202 12,214 3.85 4.58 .751981 ................ 168,025 83,654 21,806 84,371 326,547 314,707 11,840 3.87 4.68 .691982 ................ 162,140 78,064 19,213 84,077 311,887 300,798 11,089 3.84 4.74 .621983 ................ 175,451 88,140 19,624 87,311 347,273 333,114 14,159 3.53 4.29 .691984 ................ 192,879 100,164 23,669 92,715 373,529 359,651 13,878 3.60 4.37 .641985 ................ 195,706 102,356 24,545 93,351 387,196 372,097 15,099 3.67 4.47 .681986 ................ 195,204 103,647 23,982 91,557 393,515 376,699 16,816 3.59 4.41 .701987 ................ 209,389 110,809 26,094 98,579 430,426 408,688 21,738 3.63 4.43 .831988 ................ 228,270 122,076 31,108 106,194 474,154 452,150 22,004 3.64 4.46 .761989 ................ 239,572 126,055 32,988 113,516 508,849 487,098 21,751 3.96 4.85 .771990 ................ 244,507 125,583 33,331 118,924 531,131 509,124 22,007 4.15 5.15 .761991 ................ 238,805 119,849 30,471 118,957 519,199 495,802 23,397 4.08 5.07 .791992 ................ 248,212 126,308 31,524 121,905 492,893 469,381 23,512 3.51 4.30 .75NAICS: 31992 ................ ................ .................. .................. .................. ................ 450,965 ................ .............. 4.90 ............1993 ................ 246,668 128,672 40,681 .................. ................ 425,665 ................ .............. 4.40 ............1994 ................ 266,641 143,803 45,175 .................. ................ 434,594 ................ .............. 4.06 ............1995 ................ 285,542 154,137 51,011 .................. ................ 447,338 ................ .............. 3.89 ............1996 ................ 297,282 162,399 54,066 .................. ................ 488,815 ................ .............. 4.18 ............1997 ................ 314,986 174,377 60,697 .................. ................ 513,166 ................ .............. 4.06 ............1998 ................ 317,345 178,327 62,133 .................. ................ 496,471 ................ .............. 3.81 ............1999 ................ 329,770 187,674 64,392 .................. ................ 505,941 ................ .............. 3.77 ............2000 ................ 346,789 193,881 69,278 .................. ................ 550,005 ................ .............. 4.08 ............2001 ................ 322,944 173,270 58,336 .................. ................ 517,590 ................ .............. 4.25 ............2002 ................ 316,744 170,048 53,991 .................. ................ 485,816 ................ .............. 4.12 ............2003 ................ 329,167 175,126 57,445 .................. ................ 506,298 ................ .............. 4.00 ............2003: Jan ......... 322,157 169,823 55,261 .................. ................ 483,871 ................ .............. 4.01 ............Feb ......... 320,664 169,065 53,417 .................. ................ 484,649 ................ .............. 4.09 ............Mar ........ 325,614 170,325 54,838 .................. ................ 485,178 ................ .............. 4.07 ............Apr ......... 317,095 167,999 55,845 .................. ................ 485,534 ................ .............. 4.11 ............May ........ 318,144 168,007 55,367 .................. ................ 485,829 ................ .............. 4.11 ............June ....... 324,098 172,237 57,351 .................. ................ 487,360 ................ .............. 4.07 ............July ........ 330,551 175,064 58,188 .................. ................ 485,959 ................ .............. 3.94 ............Aug ........ 329,401 174,912 57,229 .................. ................ 490,036 ................ .............. 4.09 ............Sept ....... 333,957 178,738 60,225 .................. ................ 492,006 ................ .............. 4.00 ............Oct ......... 341,856 185,771 61,672 .................. ................ 500,307 ................ .............. 4.05 ............Nov ........ 338,726 181,346 57,862 .................. ................ 503,869 ................ .............. 4.06 ............Dec ........ 344,868 184,361 60,219 .................. ................ 506,298 ................ .............. 4.00 ............2004: Jan ......... 341,868 179,506 58,564 .................. ................ 506,184 ................ .............. 3.99 ............Feb ......... 345,778 186,419 60,967 .................. ................ 510,535 ................ .............. 4.00 ............Mar ........ 363,146 197,360 64,726 .................. ................ 517,585 ................ .............. 3.90 ............Apr ......... 359,124 192,067 63,908 .................. ................ 521,211 ................ .............. 3.94 ............May ........ 360,561 190,245 62,996 .................. ................ 524,365 ................ .............. 3.97 ............June ....... 364,818 192,722 63,934 .................. ................ 527,537 ................ .............. 3.94 ............July ........ 370,838 196,431 69,879 .................. ................ 533,792 ................ .............. 3.92 ............Aug ........ 369,574 195,435 65,015 .................. ................ 535,310 ................ .............. 3.90 ............Sept ....... 369,578 197,440 67,076 .................. ................ 540,244 ................ .............. 3.96 ............Oct ......... 372,953 195,526 64,911 .................. ................ 542,976 ................ .............. 3.95 ............Nov p ...... 377,424 198,194 69,549 .................. ................ 548,786 ................ .............. 4.02 ............1Annual data are averages of monthly not seasonally adjusted figures.2Unfilled orders are seasonally adjusted, end of period. Ratios are unfilled orders at end of period to shipments for period (excludes industrieswith no unfilled orders). Annual ratios relate to seasonally adjusted data for December.3Effective in 2001, data classified based on North American Industry Classification System (NAICS). Data on NAICS basis available beginning1992. Earlier data based on the Standard Industrial Classification (SIC).Data on SIC basis include semiconductors. Data on NAICS basis do not include semiconductors.Note.—For data beginning 1992 on NAICS basis, since there are no unfilled orders for manufacturers’ nondurable goods, manufacturers’nondurable new orders and nondurable shipments are the same (see Table B–58).Source: Department of Commerce, Bureau of the Census.278
PRICESTABLE B–60.—Consumer price indexes for major expenditure classes, 1959–2004[For all urban consumers; 1982-84=100, except as noted]Year or monthAll items(CPI-U)Food andbeveragesTotal 1FoodApparelHousingTransportationMedicalcareEntertainmentRecreation2Educationandcommunication2OthergoodsandservicesEnergy31959 ........................... 29.1 ............ 29.7 45.0 ............ 29.8 21.5 ............ .............. ................. .............. 21.91960 ........................... 29.6 ............ 30.0 45.7 ............ 29.8 22.3 ............ .............. ................. .............. 22.41961 ........................... 29.9 ............ 30.4 46.1 ............ 30.1 22.9 ............ .............. ................. .............. 22.51962 ........................... 30.2 ............ 30.6 46.3 ............ 30.8 23.5 ............ .............. ................. .............. 22.61963 ........................... 30.6 ............ 31.1 46.9 ............ 30.9 24.1 ............ .............. ................. .............. 22.61964 ........................... 31.0 ............ 31.5 47.3 ............ 31.4 24.6 ............ .............. ................. .............. 22.51965 ........................... 31.5 ............ 32.2 47.8 ............ 31.9 25.2 ............ .............. ................. .............. 22.91966 ........................... 32.4 ............ 33.8 49.0 ............ 32.3 26.3 ............ .............. ................. .............. 23.31967 ........................... 33.4 35.0 34.1 51.0 30.8 33.3 28.2 40.7 .............. ................. 35.1 23.81968 ........................... 34.8 36.2 35.3 53.7 32.0 34.3 29.9 43.0 .............. ................. 36.9 24.21969 ........................... 36.7 38.1 37.1 56.8 34.0 35.7 31.9 45.2 .............. ................. 38.7 24.81970 ........................... 38.8 40.1 39.2 59.2 36.4 37.5 34.0 47.5 .............. ................. 40.9 25.51971 ........................... 40.5 41.4 40.4 61.1 38.0 39.5 36.1 50.0 .............. ................. 42.9 26.51972 ........................... 41.8 43.1 42.1 62.3 39.4 39.9 37.3 51.5 .............. ................. 44.7 27.21973 ........................... 44.4 48.8 48.2 64.6 41.2 41.2 38.8 52.9 .............. ................. 46.4 29.41974 ........................... 49.3 55.5 55.1 69.4 45.8 45.8 42.4 56.9 .............. ................. 49.8 38.11975 ........................... 53.8 60.2 59.8 72.5 50.7 50.1 47.5 62.0 .............. ................. 53.9 42.11976 ........................... 56.9 62.1 61.6 75.2 53.8 55.1 52.0 65.1 .............. ................. 57.0 45.11977 ........................... 60.6 65.8 65.5 78.6 57.4 59.0 57.0 68.3 .............. ................. 60.4 49.41978 ........................... 65.2 72.2 72.0 81.4 62.4 61.7 61.8 71.9 .............. ................. 64.3 52.51979 ........................... 72.6 79.9 79.9 84.9 70.1 70.5 67.5 76.7 .............. ................. 68.9 65.71980 ........................... 82.4 86.7 86.8 90.9 81.1 83.1 74.9 83.6 .............. ................. 75.2 86.01981 ........................... 90.9 93.5 93.6 95.3 90.4 93.2 82.9 90.1 .............. ................. 82.6 97.71982 ........................... 96.5 97.3 97.4 97.8 96.9 97.0 92.5 96.0 .............. ................. 91.1 99.21983 ........................... 99.6 99.5 99.4 100.2 99.5 99.3 100.6 100.1 .............. ................. 101.1 99.91984 ........................... 103.9 103.2 103.2 102.1 103.6 103.7 106.8 103.8 .............. ................. 107.9 100.91985 ........................... 107.6 105.6 105.6 105.0 107.7 106.4 113.5 107.9 .............. ................. 114.5 101.61986 ........................... 109.6 109.1 109.0 105.9 110.9 102.3 122.0 111.6 .............. ................. 121.4 88.21987 ........................... 113.6 113.5 113.5 110.6 114.2 105.4 130.1 115.3 .............. ................. 128.5 88.61988 ........................... 118.3 118.2 118.2 115.4 118.5 108.7 138.6 120.3 .............. ................. 137.0 89.31989 ........................... 124.0 124.9 125.1 118.6 123.0 114.1 149.3 126.5 .............. ................. 147.7 94.31990 ........................... 130.7 132.1 132.4 124.1 128.5 120.5 162.8 132.4 .............. ................. 159.0 102.11991 ........................... 136.2 136.8 136.3 128.7 133.6 123.8 177.0 138.4 .............. ................. 171.6 102.51992 ........................... 140.3 138.7 137.9 131.9 137.5 126.5 190.1 142.3 .............. ................. 183.3 103.01993 ........................... 144.5 141.6 140.9 133.7 141.2 130.4 201.4 145.8 90.7 85.5 192.9 104.21994 ........................... 148.2 144.9 144.3 133.4 144.8 134.3 211.0 150.1 92.7 88.8 198.5 104.61995 ........................... 152.4 148.9 148.4 132.0 148.5 139.1 220.5 153.9 94.5 92.2 206.9 105.21996 ........................... 156.9 153.7 153.3 131.7 152.8 143.0 228.2 159.1 97.4 95.3 215.4 110.11997 ........................... 160.5 157.7 157.3 132.9 156.8 144.3 234.6 162.5 99.6 98.4 224.8 111.51998 ........................... 163.0 161.1 160.7 133.0 160.4 141.6 242.1 ............ 101.1 100.3 237.7 102.91999 ........................... 166.6 164.6 164.1 131.3 163.9 144.4 250.6 ............ 102.0 101.2 258.3 106.62000 ........................... 172.2 168.4 167.8 129.6 169.6 153.3 260.8 ............ 103.3 102.5 271.1 124.62001 ........................... 177.1 173.6 173.1 127.3 176.4 154.3 272.8 ............ 104.9 105.2 282.6 129.32002 ........................... 179.9 176.8 176.2 124.0 180.3 152.9 285.6 ............ 106.2 107.9 293.2 121.72003 ........................... 184.0 180.5 180.0 120.9 184.8 157.6 297.1 ............ 107.5 109.8 298.7 136.52004 ........................... 188.9 186.6 186.2 120.4 189.5 163.1 310.1 ............ 108.6 111.6 304.7 151.42003: Jan .................... 181.7 178.1 177.5 118.1 182.3 155.5 292.6 ............ 106.9 109.7 296.5 127.5Feb ................... 183.1 178.9 178.3 120.6 183.2 158.9 293.7 ............ 107.2 109.7 297.5 135.4Mar ................... 184.2 179.2 178.6 123.6 184.3 161.0 294.2 ............ 107.4 109.4 297.3 142.6Apr ................... 183.8 179.0 178.4 123.9 184.1 159.3 294.6 ............ 107.4 109.0 298.1 138.1May .................. 183.5 179.4 178.8 122.5 184.5 157.2 295.5 ............ 107.6 108.6 298.1 134.0June .................. 183.7 180.2 179.6 119.5 185.3 156.8 296.3 ............ 107.6 108.5 298.1 136.5July ................... 183.9 180.3 179.7 116.2 185.9 156.8 297.6 ............ 107.7 108.9 299.2 136.8Aug ................... 184.6 180.9 180.4 117.2 186.1 158.3 298.4 ............ 107.7 110.1 299.6 140.6Sept .................. 185.2 181.3 180.7 122.0 185.8 159.4 299.2 ............ 107.7 110.9 299.9 144.6Oct .................... 185.0 182.2 181.7 124.8 185.7 157.1 299.9 ............ 107.6 110.9 300.2 136.9Nov ................... 184.5 182.9 182.4 123.1 185.1 155.7 300.8 ............ 107.8 110.8 300.0 133.1Dec ................... 184.3 184.1 183.6 119.0 185.1 154.7 302.1 ............ 107.7 110.9 300.2 131.82004: Jan .................... 185.2 184.3 183.8 115.8 186.3 157.0 303.6 ............ 107.9 111.1 301.4 137.4Feb ................... 186.2 184.5 184.1 118.6 187.0 158.8 306.0 ............ 108.4 111.2 302.3 140.6Mar ................... 187.4 184.9 184.4 123.5 187.9 160.5 307.5 ............ 108.8 111.1 303.1 143.1Apr ................... 188.0 185.0 184.5 124.3 188.4 161.8 308.3 ............ 109.0 110.9 303.6 145.9May .................. 189.1 186.5 186.1 123.4 188.9 165.2 309.0 ............ 108.8 110.6 303.8 154.1June .................. 189.7 186.8 186.3 120.1 190.3 165.7 310.0 ............ 108.9 110.8 304.1 159.7July ................... 189.4 187.2 186.8 115.9 190.9 164.0 311.0 ............ 108.7 110.9 305.1 156.3Aug ................... 189.5 187.3 186.8 116.5 191.2 162.9 311.6 ............ 108.5 111.7 305.5 155.3Sept .................. 189.9 187.2 186.7 121.2 191.0 162.9 312.3 ............ 108.6 112.9 306.3 154.3Oct .................... 190.9 188.4 187.9 124.1 191.0 166.4 313.3 ............ 108.7 112.5 306.8 157.7Nov ................... 191.0 188.6 188.2 123.0 190.8 167.2 314.1 ............ 108.7 112.7 307.0 158.6Dec ................... 190.3 188.9 188.5 118.8 190.7 164.8 314.9 ............ 108.5 112.6 307.8 153.71Includes alcoholic beverages, not shown separately.2December 1997=100.3Household fuels—gas (piped), electricity, fuel oil, etc.—and motor fuel. Motor oil, coolant, etc. also included through 1982.Note.—Data beginning 1983 incorporate a rental equivalence measure for homeowners’ costs.Series reflect changes in composition and renaming beginning in 1998, and formula and methodology changes beginning in 1999.Source: Department of Labor, Bureau of Labor Statistics.279
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
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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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TABLE B-5.—Contributions to perce
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TABLE B-6.—Chain-type quantity in
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TABLE B-7.—Chain-type price index
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TABLE B-8.—Gross domestic product
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TABLE B-10.—Gross value added by
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TABLE B-12.—Gross domestic produc
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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 252 and 253: TABLE B-38.—Unemployment by demog
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 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
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INTERNATIONAL STATISTICSTABLE B-103
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TABLE B-104.—U.S. international t
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TABLE B-106.—U.S. international t
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TABLE B-108.—Industrial productio
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TABLE B-110.—Foreign exchange rat
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TABLE B-112.—Growth rates in real
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Economic Report of the President

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