TABLE B–99.—Farm output and productivity indexes, 1948–2002[1996=100]YearTotalFarm outputPrimary outputLivestockandproductsCropsSecondaryoutputProductivityindicatorsFarmoutputper unit<strong>of</strong> totalfactorinputFarmoutputper unit<strong>of</strong>laborinput1948 .................................................................................................... 41 44 42 19 40 121949 .................................................................................................... 41 47 40 18 38 121950 .................................................................................................... 41 49 38 16 38 131951 .................................................................................................... 43 52 40 18 39 141952 .................................................................................................... 44 53 42 20 42 151953 .................................................................................................... 45 54 42 20 41 161954 .................................................................................................... 45 56 41 21 42 161955 .................................................................................................... 47 58 42 22 42 171956 .................................................................................................... 47 59 42 24 42 181957 .................................................................................................... 46 58 42 28 42 191958 .................................................................................................... 49 59 46 34 45 211959 .................................................................................................... 51 62 46 51 46 221960 .................................................................................................... 53 62 49 55 47 231961 .................................................................................................... 53 65 48 54 49 241962 .................................................................................................... 54 65 49 53 49 251963 .................................................................................................... 56 67 51 54 50 261964 .................................................................................................... 56 69 50 49 51 281965 .................................................................................................... 57 67 53 49 52 291966 .................................................................................................... 57 68 52 48 51 311967 .................................................................................................... 59 70 54 50 54 341968 .................................................................................................... 59 70 56 47 55 351969 .................................................................................................... 60 70 58 44 56 371970 .................................................................................................... 60 73 55 38 55 371971 .................................................................................................... 64 74 61 39 59 401972 .................................................................................................... 64 75 61 38 59 411973 .................................................................................................... 67 76 65 41 61 421974 .................................................................................................... 63 75 60 39 58 431975 .................................................................................................... 67 70 68 41 62 451976 .................................................................................................... 68 74 67 40 61 471977 .................................................................................................... 71 75 73 40 66 511978 .................................................................................................... 73 75 76 44 64 551979 .................................................................................................... 78 77 83 44 66 601980 .................................................................................................... 75 80 76 39 63 591981 .................................................................................................... 81 82 87 32 71 641982 .................................................................................................... 82 81 87 51 73 671983 .................................................................................................... 71 83 67 53 63 591984 .................................................................................................... 81 82 85 51 75 691985 .................................................................................................... 85 84 89 60 80 771986 .................................................................................................... 82 84 84 57 80 791987 .................................................................................................... 84 86 84 67 82 811988 .................................................................................................... 80 88 74 83 80 751989 .................................................................................................... 86 88 84 90 87 821990 .................................................................................................... 90 89 90 91 89 861991 .................................................................................................... 90 92 89 96 89 841992 .................................................................................................... 96 94 97 93 96 941993 .................................................................................................... 91 95 88 98 91 931994 .................................................................................................... 101 99 103 98 100 1021995 .................................................................................................... 96 101 92 109 93 941996 .................................................................................................... 100 100 100 100 100 1001997 .................................................................................................... 104 101 105 111 100 1031998 .................................................................................................... 105 104 103 125 100 1071999 .................................................................................................... 107 107 105 134 100 1072000 .................................................................................................... 108 108 106 125 104 1112001 .................................................................................................... 107 109 103 131 104 1112002 .................................................................................................... 106 110 101 128 104 111Note.—Farm output includes primary agricultural activities and certain secondary activities that are closely linked to agricultural productionfor which information on production and input use cannot be separately observed.See Table B–100 for farm inputs.Source: Department <strong>of</strong> Agriculture, <strong>Economic</strong> Research Service.324
TABLE B–100.—Farm input use, selected inputs, 1948–2004YearTotalFarm employment(thousands) 1Selfemployedandunpaidworkers2HiredworkersCropsharvested(millions<strong>of</strong>acres) 3TotalfarminputSelected indexes <strong>of</strong>input use (1996=100)Capital input Labor input Materials inputTotalDurableequipmentTotalHiredlaborSelfemployedTotalFeeds,seeds,andpurchasedlivestockEnergyAgriculturalchemicalsPurchasedservices1948 ....... 10,363 8,026 2,337 356 104 101 70 341 279 365 49 60 65 23 441949 ....... 9,964 7,712 2,252 360 108 105 82 334 260 363 55 62 72 24 431950 ....... 9,926 7,597 2,329 345 108 108 95 321 271 340 56 62 74 30 451951 ....... 9,546 7,310 2,236 344 110 111 106 308 261 326 58 65 76 28 491952 ....... 9,149 7,005 2,144 349 107 112 115 298 255 315 55 65 80 30 341953 ....... 8,864 6,775 2,089 348 109 116 120 282 248 296 59 66 82 29 491954 ....... 8,651 6,570 2,081 346 106 118 126 275 234 291 56 62 81 30 471955 ....... 8,381 6,345 2,036 340 111 118 128 279 230 298 61 69 83 32 491956 ....... 7,852 5,900 1,952 324 111 118 129 264 210 285 63 72 83 34 511957 ....... 7,600 5,660 1,940 324 110 117 127 246 201 264 65 75 82 32 521958 ....... 7,503 5,521 1,982 324 110 116 125 235 203 247 68 79 80 33 541959 ....... 7,342 5,390 1,952 324 112 116 126 234 198 248 71 80 81 39 731960 ....... 7,057 5,172 1,885 324 112 116 127 228 198 240 72 80 82 46 711961 ....... 6,919 5,029 1,890 302 110 116 125 222 197 231 71 77 84 50 701962 ....... 6,700 4,873 1,827 295 111 116 123 220 197 228 72 80 85 47 711963 ....... 6,518 4,738 1,780 298 112 116 123 214 196 220 75 83 86 51 701964 ....... 6,110 4,506 1,604 298 110 117 124 202 177 211 74 81 88 57 671965 ....... 5,610 4,128 1,482 298 109 117 126 196 167 208 74 80 89 61 691966 ....... 5,214 3,854 1,360 294 110 118 130 183 150 196 79 86 91 70 691967 ....... 4,903 3,650 1,253 306 109 119 134 174 140 187 80 87 90 72 721968 ....... 4,749 3,535 1,213 300 108 121 140 168 135 181 79 88 91 62 701969 ....... 4,596 3,419 1,176 290 108 121 142 165 136 176 81 92 92 62 681970 ....... 4,523 3,348 1,175 293 109 121 143 163 137 173 83 95 92 74 651971 ....... 4,436 3,275 1,161 305 108 121 145 160 136 169 82 93 90 74 651972 ....... 4,373 3,228 1,146 294 109 120 145 158 135 167 84 95 89 79 641973 ....... 4,337 3,169 1,168 321 109 120 148 159 137 167 86 96 90 81 691974 ....... 4,389 3,075 1,314 328 108 122 156 147 146 147 86 96 86 88 691975 ....... 4,331 3,021 1,310 336 107 123 162 147 148 147 83 91 102 79 701976 ....... 4,363 2,992 1,371 337 111 125 166 145 150 143 89 95 115 93 741977 ....... 4,143 2,852 1,291 345 108 126 171 140 146 138 86 91 120 82 761978 ....... 3,937 2,680 1,256 338 115 128 175 133 138 132 98 104 126 89 891979 ....... 3,765 2,495 1,270 348 117 129 181 130 143 126 103 111 116 97 931980 ....... 3,699 2,401 1,298 352 119 132 188 126 142 120 106 116 113 114 841981 ....... 43,582 42,324 41,258 366 115 130 188 128 141 122 100 111 108 103 801982 ....... 43,466 42,248 41,218 362 113 129 185 122 126 120 98 113 102 84 871983 ....... 43,349 42,171 41,178 306 113 126 176 121 140 113 99 115 99 83 861984 ....... 43,233 42,095 41,138 348 108 121 168 119 130 114 94 103 102 90 831985 ....... 3,116 2,018 1,098 342 106 120 159 111 113 110 94 104 92 92 851986 ....... 2,912 1,873 1,039 325 103 115 148 103 109 101 94 104 85 107 781987 ....... 2,897 1,846 1,051 302 102 112 137 103 112 100 94 101 95 98 811988 ....... 2,954 1,967 1,037 297 100 109 130 106 117 102 91 99 95 83 821989 ....... 2,863 1,935 928 318 99 107 124 105 108 104 91 95 94 85 891990 ....... 2,891 2,000 892 322 101 106 120 105 109 103 96 103 94 94 851991 ....... 2,877 1,968 910 318 102 105 117 108 110 107 98 103 94 96 911992 ....... 2,810 1,944 866 319 100 104 113 102 103 101 96 102 93 97 881993 ....... 2,800 1,942 857 308 100 103 109 98 102 96 100 105 93 94 971994 ....... 2,767 1,925 842 321 102 102 106 99 101 98 103 106 96 100 1001995 ....... 2,836 1,967 869 314 104 101 103 103 110 100 106 111 101 92 1051996 ....... 2,842 2,010 832 326 100 100 100 100 100 100 100 100 100 100 1001997 ....... 2,867 1,990 877 333 103 100 98 101 105 99 107 108 103 108 1071998 ....... 2,827 1,947 880 327 105 99 98 98 107 94 112 116 104 104 1111999 ...... 2,977 2,048 929 327 107 99 99 101 112 96 116 123 106 103 1142000 ...... 2,952 2,062 890 324 104 98 99 98 107 94 111 120 100 101 1102001 ...... 2,923 2,050 873 321 103 98 99 96 106 93 110 117 97 97 1132002 ...... .............. ............ 886 316 102 98 100 96 105 92 107 113 97 98 1072003 ...... .............. ............ 836 324 .......... .......... ............ .......... .......... .......... .......... ........... .......... .......... ...........2004 p ..... .............. ............ 825 321 .......... .......... ............ .......... .......... .......... .......... ........... .......... .......... ...........1Includes persons doing farmwork on all farms. These data, published by <strong>the</strong> Department <strong>of</strong> Agriculture, differ from those on agriculturalemployment by <strong>the</strong> Department <strong>of</strong> Labor (see Table B-35) because <strong>of</strong> differences in <strong>the</strong> method <strong>of</strong> approach, in concepts <strong>of</strong> employment, andin time <strong>of</strong> month for which <strong>the</strong> data are collected.2Prior to 1982 this category was termed ‘‘family workers’’ and did not include nonfamily unpaid workers. Series discontinued in 2002.3Acreage harvested plus acreages in fruits, tree nuts, and vegetables and minor crops. Includes double-cropping.4Basis for farm employment series was discontinued for 1981 through 1984. Employment is estimated for <strong>the</strong>se years.Sources: Department <strong>of</strong> Agriculture, <strong>Economic</strong> Research Service.325
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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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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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Innovation and the Information Econ
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ecause they do not expect family me
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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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2003, a number of countries that to
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ProductivityRecent productivity gro
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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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middle of 2003. The more moderate r
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SummaryModerate recessions are foll
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permanent cuts should permanently r
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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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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-28.—National income by ty
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TABLE B-30.—Disposition of person
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Year or quarterTABLE B-32.—Gross
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TABLE B-33.—Median money income (
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TABLE B-35.—Civilian population a
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TABLE B-36.—Civilian employment a
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TABLE B-38.—Unemployment by demog
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TABLE B-40.—Civilian labor force
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TABLE B-42.—Civilian unemployment
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PRODUCTION AND BUSINESS ACTIVITYTAB
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