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United States yearbook - 1982 (1)

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422 Income, Expenditures, and Wealth<br />

No. 697. S e l e c t e d I n t e r n a t i o n a l E c o n o m ic I n d i c a t o r s : 1 9 7 0 t o 1 9 8 1<br />

(Data cover gross national product (GNP) at market prices, except for France, Italy, and the <strong>United</strong> Kingdom, which relate to gross<br />

domestic product. Gross fixed capital formation covers private and government sectors except military. Savings data are<br />

calculated by deducting outlays—such as personal consumption expenditures, interest paid, and transfer payments to<br />

foreigners—from disposable personal income}<br />

YEAR<br />

Italy<br />

Germany,<br />

<strong>United</strong><br />

<strong>States</strong> France Fed.<br />

Rep.<br />

Netherlands<br />

<strong>United</strong><br />

Kingdom<br />

Japan<br />

Canada<br />

GNP growth rales 1(constant 1972 prices):<br />

5.7 5.9 5.3 6.4 2.2 11.8<br />

5.2 5.3 5.9 5.6 3.6 5.3<br />

1977 5.5 3.0 2.B 1.9 2.4 1.3 5.3 2.1<br />

1979 4.8 3.8 3.6 2.7 2.4 3.3 5.1 3.7<br />

1979 3.2 3.3 4.4 4.9 1.8 1.4 5.6 3.0<br />

1980 -.2 1.1 1.0 4.0 .7 -1 .4 4.2 (ZJ<br />

1981 2.0 .2 -.3 - . 2 (NA) *-2.2 2.5 3.0<br />

1970<br />

1976<br />

-.2<br />

5.4<br />

2.5<br />

55<br />

Ratio of g ro s s fix e d capital fo rm a tio n to GNP (c u rre n t prices):<br />

23.3 23.1 25.6 35.4<br />

23.2 20.1 19.2 31.3<br />

1977 18.2 22.2 20.7 19.6 21.0 17.9 30.5 23.1<br />

1970.......................................................................<br />

1976<br />

17.4<br />

17,0<br />

25.6<br />

20.6<br />

18.3<br />

18.9<br />

21.0<br />

23.5<br />

1978 ... 19.0 21.4 2 1 .2 18.7 21.3 16.0 30.8 22.7<br />

1979<br />

1980<br />

... 19.0<br />

17.8<br />

21.3<br />

21.6<br />

22.5<br />

23.4<br />

18.9<br />

20.0<br />

21.2<br />

21.0<br />

17.8<br />

17.8<br />

32.1<br />

32.0<br />

23.1<br />

23.6<br />

1981 17.1 21.2 22.9 20.3 (NA) (N A ) 31.0 24.5.<br />

Ratio of savings to disposable personal income:<br />

1970....................................................................... 8.0 16.7 14.6 *21.6 14.0 9.0 18.2 5.3<br />

1976 .................... 6.9 16.4 14.7 22.9 14.3 11.0 22.4 10.0<br />

1977 .................... 6.6 16.6 13.6 22.5 12.0 10.8 21.0 0 .7<br />

10.8<br />

10.3<br />

1978<br />

1979<br />

....................<br />

....................<br />

5 .2<br />

5 .2<br />

17.6<br />

15.9<br />

13.7<br />

14,4<br />

2 3 .8<br />

25.3<br />

11.9<br />

11.6<br />

12.7<br />

14.1<br />

20.6<br />

18.6<br />

1980 .................... 5.6 14.3 14.5 22.0 12.4 15.1 19.4<br />

1981....................................................................... 5.3 14.8 15.2 (NA) (NA) 13.7 (NA)<br />

10.1<br />

11.6<br />

NA Not available. Z Less than .05 percent. 'Growth rates represent percentage change from preceding year.<br />

'Estimated.<br />

Source: U.S. Dept, of Commerce, International Trade Administration, In te rn a tio n a l E c o n o m ic In d ic a to rs , quarterly.<br />

No. 698. Personal Consumption Expenditures, by Major Type of Product in Current and<br />

Constant (1972) Dollars.- i960 to 1981<br />

[In billions of dollars. Represents market value of goods and services purchased by individuals and nonprofit Institutions, and<br />

value of food, clothing, housing, and financial services received by them as Income in kind. See H is to ric a l S ta tis tic s , C o lo n ia l<br />

T im e s to 1 8 7 0, series G 416-469, for single years prior to revisions Issued In 1981J<br />

ITEM 1960 1965 1970 1975 1976 1977 1978 1979 1980 1981<br />

Total, current dollars, 324.9 430.4 621.7 976.4 1,084.3 1,204.4 1,346.5 1,507.2 1,687.2 1,843.2<br />

Durable goods1................. 43.1 63.0 85.2 132.2 156,8 170.2 200.2 213.4 214.3 234.6<br />

Motor vehicles and parts. 19.7 30.0 36.2 55.8 72.6 84.8 95.7 96.6 89.7 98.6<br />

Furniture and household equipment....... 17.7 24.7 35.2 53.5 59.1 65.7 72.8 81.8 86.3 93.4<br />

Nondurable goods1.................................. 151.1 188.6 265.7 407.3 441.7 478.8 528.2 600.0 670.4 734.5<br />

Food, beverages,* tobacco.................... 88.0 107.0 149.7 228.5 247.0 2 6 5 .4 293.9 330.8 364,3 398,4<br />

Food exct. alcoholic beverages......... 70.5 85.8 119.6 185.2 200.4 217.4 240.9 272.2 300.0 329.1<br />

Alcoholic beverages......................... 10.6 13.1 18.2 28.4 30.1 32.5 34.9 39.3 43.7 46.2<br />

Tobacco products............................. 6.9 8.1 10.8 14.8 16.5 16.6 18.0 19.3 20,7 23.1<br />

Clothing, accessories, jewelry 1.............. 32.2 40.3 55.8 81.6 88.6 96.8 108.2 116.3 124.4 136.4<br />

Clothing, accessories (except<br />

foo’twear)... ................................ 22.2 28.1 39.0 58.6 63.6 69.5 77.6 82.7 87.3 95.4<br />

Women's and children s................. 14.4 18.4 25.2 38.2 41.5 45.2 50.7 54.1 57.0 62.7<br />

Men's and boys 7.7 9.7 13.8 20.6 22.1 24.3 26.9 28.7 30.3 32.7<br />

Shoes and other footwear.............. 4.5 5.3 7.6 10.7 11.6 13.1 14.7 16.3 17.3 19.1<br />

Jewelry and watches.....................«... 1.9 2.6 3.9 6.4 7.3 7.8 8.6 9.5 11.3 12.9<br />

Cleaning, storage, and repair ot<br />

shoes and clothes.......................... 3.2 3.6 4.2 4.3 4.5 4.7 5.2 5.6 6.1 6.4<br />

Gasoline and ott... 12.Q 14.7 22.4 40.4 44.0 48.1 51.2 66.8 87.0 97.8<br />

Services1................ 130.7 178.7 270.8 437.0 485.7 647.4 618.0 693.7 782.5 874.1<br />

Housing.............. 4B.1 65.5 93.9 149.6 166.5 185.9 209,6 236.1 266.0 295.3<br />

Household operation............................ 20.1 26.3 37.7 63.3 71.6 81.1 90,1 99.3 111.7 128.9<br />

Transportation.... 10.7 13.7 22.0 33.2 38.6 46.4 51.2 56.3 62.9 65.4<br />

Total, constant (1972) dollars......... 452.0 557.5 672.1 779.4 823.1 864.3 903.2 927.6 930.5 947.6<br />

Durable goads 51.4 72.6 69.1 t l2 .7 j 120.6 138.0 146.8 147.2 137.1 140.0<br />

Motor vehicles and parts........-............. 24.4 34.8 38.2 47.5 57.3 63.5 66.9 62.6 53.8 54.2<br />

Furniture and household equipment....... 19.7 27.8 36.1 45.9 48.9 52.9 56.5 60.4 60.1 61.6<br />

Nondurable goods................................... 208.2 244.0 283.7 307.5 321.9 333.4 344.4 353.1 355.8 382.4<br />

Gasoline and oil........... -...................... 14.2 18.8 22.9 25.6 26.8 27.7 28.3 27.4 25.7 25.7<br />

Services1.... 192.4 240.9 299.3 359.3 374.7 393.0 412.0 427,3 437.6 445.2<br />

Housing... 64.0 81.6 102.0 126.3 134.9 141.3 148.5 154,8 159.6 162.6<br />

Household operation............................ 27.6 33.9 42.3 49.9 52.0 55.1 57.8 60,1 61.5 63.5<br />

Transportation....______ __ — —>...... 17.0 19.9 25.2 29.6 30.8 32.7 34.0 35.0 34.1 32.4<br />

'Includes items not shown separately. 'Includes alcoholic and nonalcoholic beverages.<br />

Source: Bureau of Economic Analysis, T h e N a tio n a l In c o m e a n d P ro d u c t A c c o u n ts o f th e U n ite d S ta te s , 1 9 2 9 -7 6 , and S u rv e y o f<br />

C u rre n t B u s in e s s , July <strong>1982</strong>.

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