Business Statistics of the United States 2013

Patterns of Economic Change

Edited by Cornelia J. Strawser

Hardback - £105.00

Publication date:

24 December 2013

Length of book:

604 pages

Publisher

Bernan Press

ISBN-13: 9781598886351

Business Statistics of the United States: Patterns of Economic Change is a comprehensive and practical collection of data that reflects the nation's economic performance since 1929. It provides over 80 years of annual data in regional, demographic, and industrial detail for key indicators such as: gross domestic product, personal income, spending, saving, employment, unemployment, the capital stock, and more. Business Statistics of the United States is the best place to find historical perspectives on the U.S. economy. Of equal importance to the data are the introductory highlights, extensive notes, and figures for each chapter that help users to understand the data, use them appropriately, and, if desired, seek additional information from the sources agencies. Business Statistics of the United States provides a rich and deep picture of the American economy and contains approximately 3,500 time series in all. The data are predominately from federal government sources including: ·Board of Governors of The Federal Reserve System ·Bureau of Economic Analysis ·Bureau of Labor Statistics ·Census Bureau ·Employment and Training Administration ·Energy Information Administration ·Federal Housing Finance Agency ·U.S. Department of the Treasury What's New in the 18th Edition of Business Statistics: ·The National Income and Product Accounts (NIPAs) were comprehensively revised in July 2013 and as a result much data was revised all the way back to 1929. This edition of Business Statistics incorporates fully revised data for over 700 series from this data set, and also includes the comprehensive August 2013 revision of the productivity and costs series that are based on the revised NIPAs. In all, this edition provides, in one volume, unparalleled, up-to-date background information on the course of the U.S. economy. ·The leading article "Cycle and Growth Perspectives" discusses the impact of the NIPA revision and provides other information and techniques to assist in using and interpreting the data. ·Annual data for money and credit are included before 1929, including money supply figures back to 1892 and some interest rates back to 1919. Annual estimates of the unemployment rate from 1890 to 1929, not official but using a method similar to that used by BLS for its 1929-1948 unemployment estimates, are also included for the first time. Some interesting facts found in Business Statistics include: ·Measured as cash income before taxes, median household income in 2011 was $50,054—down 1.5 percent from the previous year, in constant (2011) dollars. It was the fourth straight year of decline, for a total of 8.1 percent since 2007. ·Sharp swings in energy prices caused the all-items CPI to drop 0.4 percent in 2009—the first year-to-year deflation registered since 1955—and swing back to 3.2 percent inflation in 2011; it rose 2.1 percent in 2012. (Table 8-4) ·Nuclear power, almost nonexistent in 1965, supplied 10.2 percent of total U.S. energy production in 2012. Renewable energy sources, which provided 6.7 percent in 1965, accounted for 11.2 percent in 2012. The remaining 78.6 percent in 2012 was accounted for by domestic fossil fuel production, compared with 93.2 percent in 1965.
This volume contains an extensive array of statistics culled from government sources. Most of the data is presented in table format, dating back to WWII or earlier. Introductory text and bulleted lists of highlights accompany each general subject area. Topics include GDP, income distribution, industrial output, consumer spending, foreign trade, inflation, labor, energy, etc. Revisions have been made from the previous volumes to account for changes to National Income and Product Accounts (NIPAs), and additional historic unemployment projections date back to 1890. Authoritative and comprehensive, this is a must-have for general business reference collections.