table 8.1 value added by sectors, 2004, billions of dollars (to be continued)

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able 8.1 Value Added by Sectors, 2004, billions of dollars (to be continued) Industry Value Added Percent of GDP Primary Sector Agriculture, forestry, and fishing 117 1.0 Mining 148 1.3 Primary Secondary Total 264 2.2 Secondary Sector Utilities 241 2.1 Construction 541 4.6 Durable goods manufacturing 863 7.4 Nondurable goods manufacturing 631 5.4

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Table 8.1 Value Added by Sectors, 2004, billions of dollars (to be continued). (continued) Table 8.1 Value Added by Sectors, 2004, billions of dollars. Figure 8.1 Share of United States Private Economy by Sector, 1869-2004. - PowerPoint PPT Presentation

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Page 1: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Table 8.1 Value Added by Sectors, 2004, billions of dollars (to be continued)

Industry Value AddedPercent of GDP

Primary Sector

Agriculture, forestry, and fishing 117 1.0

Mining 148 1.3

Primary Secondary Total 264 2.2

Secondary Sector

Utilities 241 2.1

Construction 541

4.6

Durable goods manufacturing 863 7.4

Nondurable goods manufacturing 631 5.4

Page 2: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Secondary Sector Total 2,277 19.4

Tertiary Sector

Wholesale trade 688 5.9

Retail trade 798 6.8

Transportation and warehousing 339 2.9

Information 547 4.7

Finance and insurance 972 8.3

Real estate and rental and leasing[1] 1,451 12.4

Professional, scientific, and technical services 792

6.7

Management of companies and enterprises 214 1.8

Administrative and waste management 336 2.9

Educational services 100 0.9

Health care and social assistance 804 6.9

Arts, entertainment, and recreation 112 1.0

Accommodation and food services 308 2.6

Tertiary Sector Total 7,460 63.6

GDP Attributed to Government 1,458 12.4

Economy Total 11,735[2] 100.02

(continued) Table 8.1 Value Added by Sectors, 2004, billions of dollars

Page 3: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

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1870 1890 1910 1930 1950 1970 1990 2010

Year

Per

cen

t o

f G

DP

Primary

Secondary

Tertiary

Figure 8.1 Share of United States Private Economy by Sector, 1869-2004

Page 4: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Figure 8.2 Number of Farms, Average Farm Size, and Total Land in Farms,

United States, 1850-2002

Page 5: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Figure 8.3 The Allocation of a Dollar Spent on Food in the United States, 2000

Page 6: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Figure 8.4 Energy Consumption in the United States,

by Source and Use, 2003

Page 7: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Figure 8.5 Annual Number of Private Housing Starts in the United States, 1965-2004

Page 8: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Table 8.2 Manufacturing Industries in the United States, 2003, Production and Employment (to be continued)

Industry

Value Added (billions of

dollars)

Employment (thousands)

Durable Goods Industries

Computers and electronics 148 1,355

Fabricated metals 112 1,479

Furniture 29 573

Machinery 96 1,149

Transportation equipment 190 1,774

Other durable goods 223 2,633

Durable Goods Total 798 8,963

Nondurable Goods Industries

Chemical products 182 906

Food, beverages, and tobacco 173 1,717

Paper products 52 516

Petroleum and coal products 38 114

Textiles, apparel, and leather products 47 797

Other nondurable goods 112 1,497

Page 9: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Nondurable Goods Total 604 5,547

Construction and Housing Industries

Building construction and development NA[1] 1,492

Highway and utility construction NA 911

Contractors (plumbing, electrical, carpentry, etc.) NA 3,979

Construction and Housing Total 501 6,381

Utilities[2]

Electric power generation and distribution NA[3] 539

Natural gas distribution NA 93

Water, sewer, and other systems NA 46

Utilities Total 222 738

(continued) Table 8.2 Manufacturing Industries in the United States, 2003, Production and Employment

Page 10: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

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19501955

19601965

19701975

19801985

19901995

20002005

Year

ManufacturingWorkers(millions)

Percent of AllEmployees inManufacturing

Figure 8.6 Total United States Manufacturing Employment and Manufacturing Employment as a Percentage of Total Employment, 1950-2004

Page 11: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

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1977 1982 1987 1992 1997 2002

Year

Ind

ex (

1992

=10

0)

Wages

Productivity

Figure 8.7: Manufacturing productivity compared to average manufacturing wages in the U.S. from 1977 to 2004

Page 12: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Figure 8.8 Health Care Expenditures in the United States as a Percentage of GDP, 1960-2004

Page 13: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

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100

Electr

onics

store

s

Drug

stor

es

Book s

tore

s

Discoun

t dep

artm

ent s

tore

s

Super

mar

kets

Mus

ic sto

res

Co

nce

ntr

atio

n R

atio

1992

1997

2002

Figure 8.9 Four-firm Concentration Ratios in Retail Industries, 1992-2002

Page 14: Table 8.1 Value Added by Sectors, 2004, billions of dollars   (to be continued)

Figure 8.10 Classification of GDP in the United States, 2004