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ECONOMIC

Report - The American Presidency Project

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TABLE B-43.-—Business expenditures for new plant and equipment, 1947-77 l(Billions of dollars; quarterly data at seasonally adjusted annual rates]ManufacturingNonmanufacturingYearor quarterTotalTotalDurablegoodsNondurablegoodsTotalMiningRailroadTransportationAirOtherPublicutilitiesCommunicationCommercialandothers19471948194919.3321.3018.988.449.017.123.253.302.455.195.714.6810.8912.2911.860.69.93.880.911.371.420.17.10.121.131.17.761.542.543.101.401.741.345.054.424.2419501951 .19521953195420.2125.4626.4328.2027.197.3910.7111.4511.8611.242.944.825.215.314.914.455.896.246.566.3312.8214.7514.9816.3415.95.841.111.211.251.281.181.581.501.42.93.10.14.24.24.241.091.331.231.291.223.243.563.744.343.991.141.371.611.781.825.225.675.456.026.4519551956 .19571958195929.5335.7337.9431.8933.5511.8915.4016.5112.3812.775.417.457.845.615.816.487.958.686.776.9517.6420.3421.4319.5120.781.311.641.691.431.361.021.371.58.861.02.26.35.41.37.781.301.311.301.061.334.034.525.675.525.142.112.823.192.792.727.638.327.607.488.44196019611962 . .1963196436.7535.9138.3940.7746.9715.0914 3315.0616.2219.347.236.316.797.539.287.858.028.268.7010.0721.6621.5823.3324.5527.621.301.291.401.271.341.16.821.021.261.66.66.73.52.401.021.301.231.651.581.505.245.004.904.985.493.243.393.854.064.618.759.139.9910.9912.02196519661967 ...1968196954.4263.5165.4767.7675.5623.4428.2028.5128.3731.6811.5014.0614.0614.1215.9611.9414.1414.4514.2515.7230.9835.3236.9639.4043.881.461.621.651.631.861.992.371.861.451.861.221.742.292.562.511.681.641.481.591.686.137.438.7410.2011.615.306.026.346.838.3013.1914.4814.5915.1416.05197019711972.. .1973197479.7181.2188.4499.74112.4031.9529 9931.3538 0146.0115.8014.1515.6419.2522.6216.1515.8415.7218.7623.3947.7651.2257.0961.7366.391.892.162.422.743.181.781.671.801.962.543.031.882.462.412.001.231.381.461.662.1213.1415.3017.0018.7120.5510.1010.7711.8912.8513.9616.5918.0520.0721.4022.0519751976 31977 3112.78121.23134.9547.9552.9859 5821.8423.6026 4726.1129.3833.1164.8268.2575.373.793.974.412.552.352.591.841.321.673.183.582.5620.1422.4425.6012.7413.63*•38. 5420.6020.961974: 1II....III...IV....107.27111.40113.99116.2242.9645.3247.0448.0821.4322.5023.0823.2821.5322.8223.9624.8064.3166.0866.9468.142.803.073.273.562.102.422.683.052.132.211.841.811.631.842.162.7120.1220.9720.1620.9313.8313.9414.0114.0421.6921.6322.8422.041975: 1II....III....114.57112.46112.16111.8049.0548.7847.3946.8222.8622.5921.0121.0726.2026.1926.3825.7565.5263.6864.7664.983.763.783.823.822.392.702.752.392.091.602.121.652.822.752.993.5620.2819.5219.7920.9113.3612.5012.9512.2220.8220.8320.3420.441976: 1IL...III....114.72118.12122.5549.2150.6454.7821.6322.5424.5927.5828.0930.2065.5167.4867.763.833.834.212.082.642.691.181.441.123.294.163.4421.9121.8521.6712.5412.6213.6420.6820.9420.99IV 3...127.8756.2325.2331.0071.644.031.981.513.3424.0536 731977: |3..__113129.38131.2856.9957.5825.5226.4531.4731.1272.3873.704.222.221.452.6724.5737 261 Excludes agricultural business; real estate operators; medical, legal, educational, and cultural services; and nonprofitorganizations. These figures do not agree precisely with the nonresjdential fixed investment data in the gross nationalproduct estimates, mainly because those data include investment by farmers, professionals, nonprofit institutions, andreal estate firms, and certain outlays charged to current account.2 Commercial and other includes trade, service, construction, finance, and insurance.3 Estimates based on expected capital expenditures reported by business in October-December 1976. Includes adjustmentswhen necessary for systematic tendencies in expectations data.Note.—Annual total is the sum of unadjusted expenditures; it does not necessarily coincide with the average of seasonallyadjusted figures.Source: Department of Commerce, Bureau of Economic Analysis.224-250 O - 77 - 16237

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