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BULLETIN NO. 1601

U..S. D E P A R T M E N T OF LABO R W ILLA R D W IR T Z , SE C R E TA R Y

BUREAU OF LABOR STATISTICSBEN BURDETSKY, ACTING COMMISSIONER

OCTOBER 1968

For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C., 20402 Price 70 cents


PREFACEThe Capital Flow Matrix, 1958, is a product of the research carried out by the Interagency

Growth Project. The work on capital flows was done in the Bureau of Labor Statistics, Division of Economic Growth, by Jack Alterman and Ronald E, Kutscher, assisted by Robert L. Ball and Arlene K. Shapiro.

The Office of Business Economics, U.S. Department of Commerce, made significant contributions to this work, not only in making basic data available, but also through helpful comments and suggestions.

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CONTENTSPAGE

C oncepts and d e f in i t io n ..................................................................................................................... 1R elationsh ip to national accounts .............................................................................................. 3U s e s ............................................................................................................................................................ 5T echniques and m ethods .................................................................................................................. 6C apital flo w s, 1958 ............................................................................................................................... 7L im ita t io n s ............................................................................................................................................... 9Appendix .................................................................................................................................................. 31T ab les:

1. C apital flo w s, 1958, by m ajor industry group,producers* v a l u e s ........................................................................................................ 1

2. C apital flo w s, 1958, by m ajor industry g r o u p(percent d istr ib u tion by consum ing industry) ........................................... 17

3. C apital flow s, 1958, by m ajor industry group(percent d istribution by producing industry) ....................................... 23

4. D irect and in d irect em ploym ent im pact of $1B illion Capital in vestm en t, se lec tedi n d u s t r i e s ........................................................................................................................ 29

A - l C apital flow s, 1958, producers* value .................................................................. 43A -2 Capital flow s, 1958, p ercen t d istribution by

consum ing in d u s tr y ..................................................................................................... 53A -3 Capital flow s, 1958, percen t d istribution by

producing industry ..................................................................................................... 63


CAPITAL FLOW MATRIX, 1958

The purpose of this capital flow matrix is to carry the interindustry flows of the 1958 input-output table by the Office of Business Economics 1 / one step further by showing the transactions of capital goods among producing and using industries. In a conventional input- output table the output of each industry is d istributed to each of the intermediate industries of the economy as well as to final demand, e.g ., consumer expenditures. The output of capital goods industries destined for domestic business capital investment, however, is not distributed to the industries actually purchasing the capital goods but to a single final demand category covering gross private domestic fixed capital formation. The capital flow matrix is therefore a logical extension which traces the transaction between capital producing and capital consuming industries.Concepts and Definitions

The capital purchases covered in the capital flow matrix are conceptually consistent with the definition of capital expenditures used in the national income and product accounts as well as that used for the interindustry transactions table for 1958 prepared by the Office of Business Economics. This definition includes net plant 2 / and equipment 3 / purchases by the private sector of the economy for the year 1958, regardless of whether the capital goods

1 / Morris R. Goldman, Martin L Marimont, and Beatrice N. Vaccara, Interindustry Structure of the United States for 1958, Survey of Current B usiness, November 1964; also Survey of Current Business, August and September 1965.

2 / The plant included in the capital flow matrix is all new construction as well as major alterations and additions by the private sector. This includes residential construction, nonresi- dential buildings such as offices, industrial buildings, stores, churches, private schools, and private hospitals, and other nonbuilding construction such as private electric power, gas

were produced domestically or manufactured abroad. 4 / It includes the trade and transportation cost of delivery to the purchaser and

pipelines, and communication lines. Residential construction as well as commission on all real estate transactions was not distributed to purchasing industries in the capital flow matrix, although in concept they are included.

3 / Equipment included in the capital flow matrix covers large machinery items usually associated with business investment such as c o n s t r u c t i o n machinery; metalworking machines; special industry machines such as textile industries or printing trade machines; computers and o t h e r business machines including typewriters and adding machines; large material handling equipment such as hoists; e l e c t r i c generating equipment; airplanes; trucks; and railroad equipment. Other items included in the capital flow matrix, but which usually may not be associated with business investment are carpets, desks, c h a i r s , filing cabinets, and other office furniture; stoves, refrigerators, and food prep- _aration e q u i p m e n t used by restaurants; business use of automobiles including fleet operations and automobile expenditures by doctors, lawyers, and other self-employed individuals; and many smaller implements, tools, and instruments used by the private sector. A fuller description of all items included can be found in the appendix.

& / The capital flow table contains a row called imports among the capital producing sectors. In the treatment of imports within the 1958 input- output study, this import row would include only imported capital goods allocated directly to gross private capital formation. However, it does not cover all of the imported capital goods, since most are transferred to the comparable domestic intermediate industry. The allocation from this industry is made to final demand without designating the proportion that comes from imports and the proportion that comes from domestic production.

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In te rm e d ia te T ran s ac tio n s F in a l( in p u t-o u tp u t flow ta b le ) Demand

\ Consuming in d u s try

Producingin d u s try

In d u st r y

1

In d u st r y

2

In d u st r y

3

In d u st r y4

Grossp r iv a tec a p i t a lform a

t io n

In d u s try 1 . . . 2 1 0 4 4In d u s try 2 . . . 2 1 1 4 0In d u s try 3 . . . 3 2 1 1 0In d u s try 4 . . . 2 1 4 1 3

Value GNPa d d e d .. . . . . 2 3 1 1 7

O u tp u t.............. 11 8 7 11

C a p ita l Flow M atrix

O utput\ Consuming

in d u s tryIn d u s

t r yIn d u s

t r yIn d u s

t r yIn d u s

t r yT o ta l

c a p i t a lproduced

Producing \ in d u s try

1 2 3 4

11 In d u s try 1 . . . 1 0 2 1 48 In d u s try 2 . . . 0 0 0 0 07 In d u s try 3 . . . 0 0 0 0 0

11 In d u s try 4 . . . 1 2 0 0 3

T o ta l c a p i t a l consumed . . . . 2 2 2 1 7

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installation cost wherever applicable. In addition, the definition includes the transportation and trade cost for transaction on used capital goods as well as real estate commissions on the sale of plant. 5 / It excludes, on the other hand, purchases by domestic corporations for use in overseas subsidiaries, any equipment purchased by the Federal Government or by State and local governments, and exports of capital goods. It does not cover the value of land in any transactions, liquid assets of any form, 6 / and inventory accumulation. However, it does cover all capital purchases by the private sectors of the economy including nonprofit institutions, private universities, and hospitals.

The industry definitions used in the capital flow matrix are identical to the 1958 interindustry sales and purchases industry categories. In the Office of Business Economics input- output study, there are 82 producing and 82 consuming industries. In the capital flow matrix, there are 36 producing industries (inasmuch as all industries do not produce capital) and 77 purchasing industries, i j To be consistent with the treatment of industries within the Office of Business Economics study, the capital purchases represent purchases by establishments rather than companies c la ss i-

5 / There are several items which conceptually are part of gross private domistic investment and whicn are shown in the totals columns as well as in the 1958 Office of Business Economics input-output matrix but are not distributed to a consuming industry in the capital flow table. These include commission on real estate transactions, transactions in buildings between final users, and changes in net stocks of used goods.

] Excluded also is capital consumed on current account which is no longer considered capital in the national accounts.

T j The Office of Business Economics input- output study has 87 industries of which 82 are

fied within these sectors. In industries or lines of capital where extensive leasing is prevalent, this capital is shown in the capital flow matrix in the using rather than owning industries, particularly in relation to computers, construction equipment, and railroad cars.

Relationship to National Accounts

The capital flow matrix can be viewed as an addition or extension of two existing sets of national accounts. These are the income and product accounts and the input-output system of flows of goods and services. Perhaps the extension can be viewed in this simple form which assum es gross private capital is the only measure of final demand. See opposite page.

Input-Output Tables. The first section of the preceding chart illustrates an interindustry transactions table with four producing and four consuming industries. By reading across the rows of the input-output table for any industry, the sales of its output to each industry, including itself, can be seen. In addition, the chart shows the sales from this industry to final demand. (Shown here as gross private capital formation, excluding any purchases by the other final purchasers-consumers, government or foreign.) For instance, it can be seen, by reading across the row, that industry 1 se lls

Intermediate industries. Only the intermediate industries are considered in the capital flow matrix. The 5 intermediate sectors which do not consume capital are interindustry sales and purchases(ISP) 80, imports; ISP 81 and 82 which are dummy sectors; and ISP 78 and 79, Federal and State and local enterprises, the capital purchases of which, in the national income accounts, areL treated as general government purchases and are shown as final demand purchases.

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two units of its output of 11 to itself, it se lls one unit to industry 2, no units to industry 3, and four units to industry 4. Its sales to final demand (or gross private capital formation) are four units completing its 11 units of output.

The input-output flow table also can be read down the columns. The columns show purchases by an industry from each industry, including itself. Again, for illustration, by examining column 1, the inputs (or costs) to industry 1 can be determined. For industry 1 to produce its output, requires inputs of two units from itse lf, two units from industry 2, three units from industry 3, and two units from industry 4. Its costs include purchases from value added (two units); this represents industry l s expenditures for employee compenstation, depreciation, proprietors income, indirect business taxes, and profits. The 11 units of inputs for industry 1 equal the 11 units of output as do the output and input for each of the other industries. The final entry at the bottom of each column and at the end of each row is the total output or input for that industry. 8 /

8 / The input-output illustration above of input-output transactions table shows actual transactions between purchasing and producing industries. Input-output data, however, usually are presented in three separate tables. In addition to the transactions table which is usually table 1, the second table presents direct requirements per dollar of output for each industry. These relationships which are called input-output coefficients or technical coefficients are determined by dividing the dollar value of each industrys input by the dollar value of its output. The third table in the usual presentation of input-output data is the total requirements table.

The total requirements table, or inverse matrix, is the algebraic solution of the direct requirements or t e c h n i c a l coefficients. The inverse matrix allows one to calculate the total (direct and indirect) impact of a change in demand for one industrys product on all industries in the economy.

In the input-output table capital investment purchases are shown only as purchases by gross private capital formation from the capital producing sectors. Any sales by the capital producing industries to other industries represent only repair parts. Therefore, the marketing pattern among the various industries purchasing capital goods are not available. These marketing patterns do become apparent in a capital flow matrix.

Capital Flow Tables. The final portion of the chart shows the relationship between the capital flow table and an input-output table where capital allocated from an industry to gross private capital formation becomes the control total for capital produced by this industry in a capital flow matrix. By reading across the rows of the capital flow matrix, just as in a conventional input-output matrix, the sales of capital producing industries to each of the capital purchasing industries can be determined. To continue the example for industry 1 described in the section on input- output, the four units of industry 1 output allocated to gross private capital formation represents the capital production control total for industry l s in the capital flow matrix. The d i s t r i b u t i o n of these four units of capital production can be seen from row 1 of the capital matrix as follows: one unit to itse lf, no units to industry 2, two units to industry 3, and one unit to industry 4.

In a sim ilar fashion, the column in the capital flow matrix shows purchases of each of the capital consuming industries from the capital producing industries. For industry 1, the column shows the distribution of its capital purchases among the capital producing industr ies. Thus, for industry 1 of the two units of capital that it purchases, one unit comes from itself and one unit from industry 4. It can be seen from this example, that there are several obvious differences between a capital flow matrix and an input-output table. F irst, the sum of the rows in a capital matrix for an industry does not necessarily equal the sum of the column as was the case in an input-output table.

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Second, not all industries in a capital flow matrix are producers of capital; in the input- output matrix all industries are producers. 9 j Finally, a capital flow table does not have an allocation to final demand or value added as do industries in the input-output system . However, just as in an input-output table, the rows of the capital flow matrix can be thought of as the marketing patterns of each type of capital produced. Similarly, the columns of the capital flow matrix show the distribution of that industrys capital purchases among the capital producing industries.U ses

The development of the capital flow matrix for 1958 was primarily for use in the Interagency Growth Project. 10/ In thiS project it was used to determine a distribution of capital by producing industry consistent with the relative industry growth rates. In this procedure, the major changes in capital input patterns such as increased use of computers andinstru- ments were projected to 1970. To yi e^ld an estimated capital distribution by producing industry, derived estim ates of capital by consuming industry were applied to the projected 1970 capital coefficients, thus deriving a level of capital production for each capital producing industry. This derived estimate of capital by producing industry was used as a means of modifying the initial estim ates of capital by producing industry in the 1970 final demand bills of goods.

Another possible use of the capital flow matrix is to analyze the varying marketing patterns of capital goods industries. This is difficult with the conventional input-output tables since, in these tables, capital goods industries intermediate sales are only repair parts and the capital items are shown as purchases from the final demand sectors. With the capital flow matrix, however, a marketing pattern for capital producing industries can be

9 / There are exceptions to t h i s in mbst input-output tables where certain special purpose industries such as dummy industries may

found sim iliar to the one for noncapital producing industries found in the conventional input- output tables.Labor Requirements

Table 4 illustrates an additional use of the capital flow tables. This table shows the direct and indirect employment impact of one billion dollars of capital investment in seven selected industries. These estim ates are derived by using the capital input pattern for these industries in the 1958 capital flow matrix and applying each in turn to an interindustry employment table. 11/ In this way, not only are the direct employment requirements estimated but also the indirect employment. Direct employment would be the employment required to fabricate a capital good, such as a metalworking machine, in its final stage of manufacture. All of this employment, therefore, would be in the metalworking machine manufacturing industry. Indirect labor, on the other hand, would include all other employment required to produce a given capital good. For a capital good such as a metalworking machine, indirect labor would include that employed by the suppliers of raw materials such as steel, iron ore, nonferrous m etals, as well as the employment required in the utilities, advertising, and other service industries which contribute indirectly to the production of a metalworking machine.

The industries covered by table 4 were se lected so that a wide variety of capital consumption patterns would be included. It can be seen however, that the total labor impact of a billion dollars of capital expenditures in each of these industries is in a relatively narrow range of jobs (98-111,000). However, the range of the impact on individual industries can be quite

not, in fact, have output in the more conventional use of the term.

10/ See BLS Bulletin 1536, Projections 1970: Interindustry Relationships, Potential Demand, Employment.

11/ Jack Alterman, Interindustry Employment Requirements," Monthly Labor Review, July 1965, pp. 841-850.

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pronounced. This range is revealed by an examination of the various industries listed in table 4. For example, in the new construction industry, between 1,792 and 31,172 jobs are required for one billion dollars of investment in these selected industries. A good reason foi this range can be found from the capital flow table A -l. It can be seen that investment in the new construction industries is largely for equipment; thus it would follow that a small proportion of its employment impact would be in the construction industry. On the other hand, a high proportion of the investment by the medical, educational and nonprofit sector is for new construction, explaining its high employment requirements from the new construction industry.

Several other industries can be highlighted for the different impact that the various investment patterns have. Investment by the farm sector has a large impact on the farm machinery industry and a very small one on all others. The construction machinery industry is affected greatly by investment in the construction industry, but only moderately by the other selected industries investment. Investment by the iron and steel manufacturing industry on the metalworking machinery has a sizable effect on the metalworking machinery industry, but much sm aller impact is felt from the other selected industries. The employment impact of investment by the food and kindred products industries and the medical, educational and nonprofit sector is more widely distributed among a large number of industries.

This example of the employment impact of investment illustrates another use of the capital flow tables. It is planned that at some future date the 1963 capital patterns for all of the industries will be translated into the employment requirements.Techniques and Methods

The basic source of the capital production data by industry is the Census of Manufactures; additional estim ates are by the Office of Business Economics. These data included not only

the level of capital production by industry but sufficient supplementary detail, in many cases, to work with product detail rather than sector aggregates. The procedure followed in allocating capital production to the consuming industries was varied. The detailed estim ates of products within each capital producing sector were allocated separately where such detail existed, and a method could be found to allocate separately each product. For example, in farm machinery (ISP 44), not much is gained by allocating separately most of the farm machinery, such as d iscs or harrows, since alarge portion of all types of farm equipment goes directly to the farm sector. On the other hand, the product detail available in the special machinery category (ISP 48) was particularly relevant, since it separated this sectors allocation to investment into such item s as textile industry machines, food products industry machinery, and chemical industry machinery.

Thus, the method of allocation of capital to consuming sectors and the detail in which it was allocated varied, depending on the type of equipment to be distributed and information available to make this preliminary distribution. For some types of equipment, such as computers and metalworking machinery, data existed on the industrial distributions of existing stock of this type of equipment which was used for the initial distributions. For other types of equipment, such as typewriters, office machines, and certain types of scientific and professional equipment, the preliminary distribution was made using an industrial d istribution of the occupations or professions closely associated with this equipment. In many cases the type of machine determined the initial allocation; for instance, textile industry machines were distributed to the textile industry (largely ISP 16), cigarette and cigar-making machines to the tobacco manufacturing industry (ISP 15). For a few types of capital equipment, a distribution was made based on the d istribution of an industrys output. The distribution of electrical generating equipment followed such an approach where ah industrial distribution of electricity generated was used. An industrial distribution of nonproduction work-

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ers was used to distribute purchases of office furniture and carpets and rugs, since these are the employees most likely to be using this equipment. In many cases, of course, the initial distribution of equipment to consuming industry was based on judgment. (See appendix for a fuller description of methods.)

The distribution of new construction or plant could be made in many instances based on end use of construction, i.e ., hospital going to the medical sector (77), utility construction to electric , water, gas and sanitary services (68), and social and recreational construction to the amusements sector (76). Industrial construction was distributed among the manufacturing sectors by using a distribution of plant expenditures by industry obtained from the Census of Manufactures.

After all equipment and plant had been d istributed to a consuming sector by the best method which could be found, totals were derived for each consuming sector. These totals of capital investment by consuming industry were compared with other sources of information on investment by industry, such as Census of

Manufactures; Census of Mineral Industries; and the Survey of Capital Expenditures, prepared by the Office of Business Economics and the Security and Exchange Commission. An investigation of large disparities between these sources and the initial estim ates from the capital flow matrix was made and, wherever possible, the differences were reconciled. Because of conceptual and coverage differences, it was not possible in every case to make complete reconciliations. In sectors where two independent estim ates of capital investment existed, the one which conceptually was closer to the definition of that industry in the capital flow matrix generally was accepted. Where no estimate existed, an independent estimate was made. After a control total of capital expenditures by consuming industry was decided upon and a method arrived at for distributing each type of capital equipment produced, the capital flow table was then brought into final balance.Capital Flows, 1958

Capital purchases by major sector are shown in the following tabulation:

Capital expenditures b,y purchasing sector, 1958

Sector Total Equipment PlantTotal......................... 42,192 25,047 17,145

Agriculture, forestry,and fishery................ 4,544 3,156 1,388

Mining ....................... 3,326 1,251 2,075

Construction ................ 963 933 30

Manufacturing................ 9,686 6,475 3,211

Transportation, communications and public utilities ................ 10,969 5,754 5,215

Trade ....................... 4,696 3,263 1,433

All other..................... 8,008 4,215 3,793

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This tabulation shows the amount of capital purchases by each of the seven major sectors distributed between expenditures for plant and for equipment. This information is a summary of the data in the capital flow matrix, table 1 and table A -l.

The detailed 1958 capital flow tables are presented in two sets of three tables each. The first set of tables (1,2, and 3) shows the capital flow data for major industry groups. Table 1 of this set has the dollar value of capital production and consumption by industry. Table 2, in this set, presents capital coefficients by consuming industry for each of the major sectors. This table illustrates the capital input patterns for each of the major sectors of the economy and is calculated by taking a percent distribution of the columns in table 1. Table 3, capital distribution by producing industry, for each of the major sectors, shows the same data as table 1, but as a percent d istribution of each row. This presentation provides information on the marketing pattern between the capital producing industries and their major purchasing sectors.

Appendix tables 1, 2, and 3 show the same information as in the text tables but in the full industry detail, i .e ., 77 consuming industries rather than 29 major sectors shown in text tables 1, 2, and 3.

An analysis of the major sector tables will highlight the data presented in the 1958 capital flow matrix. A few observations from the more detailed tables also will be made.

As seen in table 1, the manufacturing sector purchased the largest amount of capital of any major sector in 1958. The $9.7 billion of capital equipment purchased by the manufacturing sector exceeded by over $1 billion the communication and public utilities sectors purchase of $8.4 billion of capital. The service sector (business services, personal services, amusement, auto repair, and medical, educational and nonprofit groups) and agriculture and trade, are large purchasers of capital. A separate examination of expenditures on plant

and expenditures on equipment shows the same sectors predominating; however, communication and public utilities are the largest purchasers of plant.

In examining the distribution of capital inputs by major sectors (table 2), sim ilar patterns of the proportion of capital investment going to plant and the proportion going to equipment are found in agriculture, most manufacturing sec tors, and trade. This pattern shows that roughly two-thirds of the expenditures by these sectors were for equipment and the other one-third for plant. In construction, a radically different picture emerges; nearly all of the expenditures are for equipment. In only a relatively few sec tors is the reverse found, namely, plant representing a larger proportion of expenditures than equipment. Mining is one such sector. The explanation for the large expenditure for plant in mining can be found in one of the mining subsectors, crude petroleum and natural gas drilling where exploration and drilling costs are counted as plant expenditures. In communication and public utilities, plant represents a larger portion of capital expenditures than equipment, because plant covers outside lines built by utilities and communication firm s. Within manufacturing there is remarkably small variation in the plant-equipment d istribution for the major sectors except for the petroleum refining group. However, an examination of table A-2 shows that at the more detailed industry level much greater variation in the plant-equipment allocation is found.

An examination of the distribution of equipment expenditures among the various types for each of the major consuming sectors reveals a greater degree of variation in the sectors purchasing patterns (table 2) than was found generally in their plant and equipment mix. The prevalent pattern is for each sector to have one large item which accounts for from 20 to 40 percent of its total capital expenditures. This capital item is usually of a very specialized type which is made often specifically for use by the particular industry and often is not used widely, if at all, by other sectors. In agriculture, for example, this purchase is farm mach-

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inery. In most metal manufacturing industries, it is some type of metalworking machine. In nondurable manufacturing sectors the specialized capital item is special industry machinery. The exception is the chemicals sector, where general industrial machinery is more important. In most of the nongoods producing sectors (transportation, trade, and service) some form of transportation equipment usually is the most important single purchase. In public utilities and communication, however, the largest single purchase is electrical equipment. Again, le ss conformity to this pattern is noted in the more detailed industry consumption pattern (table A-2).

An examination of table 3 allows one to analyze the marketing pattern for each of various t y p e s of capital equipment, as well as for total plant and equipment expenditures. For instance, this table shows that over one-fifth of all capital expenditures in 1958 were for plant and equipment purchases by the manufacturing sector. Also about one-fifth of capital purchases were made by the communication and public utilities group. Communication and public utilities purchase more than one-quarter of total plant.

For individual capital producing industries, marketing patterns of at least two types seem to emerge. First, are those industries which se ll about two-thirds of their output to one sector. This pattern is exemplified by farm machinery, metalworking machinery, special industry machinery, general industrial machinery, as well as aircraft, other transportation equipment, and electrical machinery among the larger capital producing sectors. The other pattern is a wide distribution of the item s among all purchasing sectors, such as found in motor vehicles, furniture and office and computing machinery. The margin industries, transportation and trade, (ISP 65 and ISP 69) also show this pattern, as would be expected, since the margin on various types of capital equipment does not vary widely enough to concentrate margins in any sector. 12/ Again, many of the patterns observed at the major sector detail do not hold true at the detailed industry

level (table A -3). For instance, in the more detailed capital flow table, the marketing pattern of a larger number of capital producing industries is spread widely among purchasing sectors. Still, farm machinery, aircraft, other transportation equipment (which includes both railroad equipment and ships and boats), service industry machinery, electrical transm ission and distribution equipment, radio, TV and communication equipment, and professional and scientific equipment, among the major capital producing sectors sell more than 50 percent of their output to one sector.Limitations

This effort to construct a capital flow matrix was undertaken as part of the Economic Growth Project and it was possible to give only limited resources to this work. It represents one of the first efforts at constructing, for the U.S. economy, a comprehensive table showing all flows of capital for a single year. Because it is a first effort and because of the scarcity of the type of data necessary for this purpose, its limitations should be emphasized. For each of the industries outside the manufacturing sector at the detail we are working, control totals of capital purchases by consuming industry were not always available and such gaps had to be filled by crude estim ates. Also, where more than one estimate for a sector was available, a selection had to be made as to the one which seemed most consistent with the capital flow work. Information on distribution of sales of capital equipment also is extremely limited. Therefore, it was necessary to find other data

12/ The valuation of each capital item in the capital flow matrix is the value at the site of production. However, the total value of capital investment for each industry is at purchaser value or cost to the investor. The difference between value of capital investment at purchaser prices and at producer prices is trade and transportation margin. The margin for transportation represents freight costs for delivery of the capital goods; trade margin is the return to the wholesaler or retailer for handling capital goods.

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which could be used as a guide to distribution of a given type of capital among consuming industries.

Since this capital flow matrix represents only one year and a recession year at that, it is not possible at this point to know how atypical 1958 may be and to what extent capital input patterns have any stability, particularly since many types of capital, both equipment

and plant, require more than one year for installation. The Bureau of Labor Statistics currently is pursuing some of these questions. A limited amount of investigation has been undertaken on the stability of an industrys capital inputs by type. Also, a major research effort is underway currently to estimate a capital flow table for 1963 which will complement the work at the Office of Business Economics on a 1963 input-output table.

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Table 1 . C a p ita l Flow s, 1958 By Major In d u s try Group, P ro d u c e rs ' V alues

(M illio n s o f d o l la r s )

Consuming in d u s t r ie s

Producing in d u s t r ie s

A g r ic u l tu r a l , f o r e s t r y , and

f is h e ry s e rv ic e s

Mining C o n stru c tio n M anufacturing D urable goods m anufactu ring

1-4 5-10 1 1 , 1 2 13-64 13, 20-23, 35-6417 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 8 5

4 2 1 12 1 1 2

23 O ther f u r n i tu r e and f i x tu r e s ........................................... 1 7 6 170 10332 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............ 1 1 (I/> 1 2 6

28

40 H eating ,p lum bing ,and s t r u c tu r a l m etal p ro d u c ts . . 31 15 3 243 8342 O ther fa b r ic a te d m etal p ro d u c ts .................................... 7 19 7 47 1 043 Engines and tu r b in e s ............................................................ 15 15 4 105 4944 Farm m achinery and equipm ent........................................... 1,444 .......... 6 19 1 045 C o n s tru c tio n ,m in in g ,an d o i l f i e l d m achinery ......... 56 662 455 78 63

47 157 11347 M etalworking m achinery and equipm ent......................... 36 1,070 1 , 0 2 048 S p ec ia l in d u s try m achinery and equipm ent................ 69 2 1 1 2 1,198 25049 G eneral i n d u s t r ia l m achinery and equipm ent............ 40 117 34 716 31251 O ffice ,co m p u tin g ,an d accoun ting m achines................ 3 4 1 0 361 21552 S erv ice in d u s try m achines................................................. 27 1 13 96 3053 E le c t r i c in d u s t r ia l equipment and a p p a ra tu s ......... 2 1 2 1 1 325 276Si Honsehnld App l i a n r ps - T. TTTT. . . t r . T- T l t I f l T1 . . t T. 7 755 E le c t r i c l ig h t in g and w irin g equipm ent.................... ( 1 / ) ( i / ) .......... 4 356 Radio t e l e v i s io n ,a n d communication e q u ip m e n t.. . . 4 5 5 80 52S7 E lp r f rn n ir rnmpnnpnf"q Anri a r re f is n r ie s , __ 14 1358 M isce llaneous e l e c t r i c a l m achinery and equipment 3 4 2 7 559 Motor v e h ic le s and equipm ent........................................... 676 64 163 373 13560 A ir c ra f t and p a r t s ................................................................. 15 2 2 43 2761 O ther t r a n s p o r ta t io n equipm ent...................................... 75 52 8 89 2462 S c ie n t i f ic and c o n tro l l in g in s tru m e n ts .................... 4 2 1 2 155 5063 O p t ic a l ,o p h th a lm ic , and p ho tog raph ic e q u ip m e n t... 1 1 42 1664 M isce llaneous m an u fac tu rin g ............................................. 5 2 .......... 26 1565 T ra n s p o r ta tio n and w arehousing ...................................... 71 28 2 1 124 6 8f\fs Pnmmuni r af i nnc pyr pphr nf l r f r aQf ing69 W holesale and r e t a i l t r a d e ............................................... 596 151 132 861 45471 Rpal p s fa fp anri rp n fa lRO firnuc Import-.* o f goods Anri sp rv irp .s . . r , t . _ r t . _ 16 16

T o ta l p la n t and equipm ent................................................. 4 ,544 3,326 963 9,686 5,074T o ta l equipm ent................................................................... 3 ,156 1,251 933 6,475 3,435T o ta l p la n t (new c o n s t r u c t io n ) .................................. 1,388 2,075 30 3,211 1,639

See fo o tn o te s a t end o f t a b le .

11


Table 1. C a p ita l Flow s, 1958 By Major In d u s try Group, P ro d u ce rs ' V alues--C on tinued

(M illio n s of d o l la r s )

" ----------- Consuming in d u s t r ie s


OrdnanceLumber and

wood p ro d u c ts

F u rn itu re and f ix tu r e s

S tone , c la y , and g la s s Prim ary m eta ls

13 2 0 , 2 1 22, 23 35, 36 37, 38

17 M isce llaneous t e x t i l e goods and f lo o r co v e rin g s . ( in ( in ( in ( in20 Lumber and wood p ro d u c ts , excep t c o n ta in e r s ............22 Household f u r n i t u r e .............................................................. ( 1 / ) ( in (I/> 1 123 O ther f u r n i tu r e and f i x t u r e s ........................................... 2 4 3 7 1332 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............ < !/) 1 ( in ( in 1

40 H eating ,p lum bing ,and s t r u c tu r a l m etal p ro d u c ts . . 3 2 5 398

43 Engines and tu r b in e s ............................................................ a / ) 6 1 3 2 044 Farm m achinery and equipm ent........................................... ( i / ) 6 1 ( in ( in45 C o n stru c tio n ,m in in g ,a n d o i l f i e l d m achinery ......... ( I / ) 19 1 35 546 M a te r ia ls h an d lin g m achinery and equipm ent............ 5 8 2 14 2 047 M etalw orking m achinery and equipm ent......................... 8 13 4 44548 S p ec ia l in d u s try m achinery and equipm ent................ 1 0 83 23 37 3149 G eneral in d u s t r ia l m achinery and equipm ent............ 2 2 2 40 17751 O ffice ,co m p u tin g ,an d acco u n tin g m achines................ 5 2 3 1 2 19S? Sftrvi rp inH nsfry mflrhinPQ. - - it i r r -- i ( 1 / ) 1 2

F.1 r* inHiiefi'i al pqm' pm Pnf anH apparafnc 2 2 5 55Si Hrnphr1 H appl i anrPc T r rS S F.l p r f r i r 1 i gh t* i ng And ui r i ng pqn l pmPnf . . . . r . T . . T ( 1 / )

1

1(in

i(in

456 R ad io , t e le v is io n ,a n d communication e q u ip m e n t.. . . (inS7 I?1 i r* rnmp^nPnhc anH arrpccor*! pc58 M isce llaneous e l e c t r i c a l m achinery and equipment (in (in ( 1 / ) (in 159 Motor v e h ic le s and equipm ent........................................... 2 31 5 29 1460 A i r c ra f t and p a r t s ................................................................. 1 1 .......... 1 541 fifhpr tT a n sp n r ta tin n pqin'pment- . T. r ............. rr . . T 4 5 1 062 S c i e n t i f ic and c o n tr o l l in g in s tru m e n ts .................... ( 1 / ) 1 ( 1 / ) 3 2363 O p t ic a l , o p h th a lm ic , and p h o tog raph ic e q u ip m e n t... (in 1 364 M isce llan eo u s m an u fac tu rin g ............................................. (in 1 ( 1 / ) 1 365 T ra n s p o r ta tio n and w arehousing ...................................... i 4 1 5 2 0f%f% r.ommnmVflfiftnQ pyr pp f- KrnaHra ot* 4 ng69 W holesale and r e t a i l t r a d e ............................................... 6 26 1 0 33 12471 Rp p I P.fiffltp and rp n fa l80 Hrnca im pnrfc n f c and api*vi rpe

T o ta l p la n t and equipm ent................................................. 65 303 106 373 1,599T o ta l equipm ent................................................................... 46 205 72 242 1,043T o ta l p la n t (new c o n s t r u c t io n ) .................................. 19 98 33 130 555


12




Consuming in d u s t r ie s F a b rica tedm etal

p ro d u c tsM achinery ,

excep t e l e c t r i c a l

E le c t r i c a lm achinery

T ra n s p o r ta tio nequipment In stru m en ts

Producing in d u s t r ie s 39-42 43-52 53-58 59-61 62, 63

17 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . ( 1 / ) 1 1 1 ( 1 / )0 A T 1 n r n 4 , i *1 t- n n f- . *

22 Household f u r n i tu r e ............................................................... 1 4 2 2 Cl/>23 O ther f u r n i tu r e and f i x tu r e s ........................................... 15 25 1 1 16 332 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ........... 1 2 ( 1 / ) 1 ( 1 / )

40 H eating ,p lum bing ,and s t r u c tu r a l m eta l p ro d u c ts . . 7 7 6 9 11 1

43 Engines and tu r b in e s ............................................................ 4 4 4 6 144 Farm m achinery and equipm ent.......................................... ( 1 / ) 1 ( 1 / ) ( l /> ( 1 / )

1 1 x ( 1 / )46 M a te r ia ls h an d lin g m achinery and equipm ent............ 15 27 1 1647 M etalworking m achinery and equipm ent......... .. 150 153 1 1 1 77 3848 S p ec ia l in d u s try m achinery and equipm ent................ 1 0 5 13 2 0 149 G eneral i n d u s t r ia l m achinery and equipm ent............ 14 31 1 1 2 2 251 O ffice ,co m p u tin g ,an d acco u n tin g m achines................ 15 62 29 45 952 S erv ice in d u s try m achines................................................. 7 9 3 7 153 E le c t r i c in d u s t r ia l equipm ent and a p p a ra tu s ....................... 29 67 34 63 8SA Hmiaphnl 56 R a d io .te le v is io n ,a n d communication e q u ip m e n t.. . . 3 3 13 23 1S7 E lp rfrn n ir rnmpnnpnfn apH a rrA sa n rip a ,T, , , , , . i 1 9 3

58 M isce llaneous e l e c t r i c a l m achinery and equipment 1 1 ( 1 / ) 1 ( l />59 Motor v e h ic le s and equipm ent........................................... 14 13 7 15 260 A ir c ra f t and p a r t s ................................................................. 1 3 1 13 A1 (lfhpr f ra n c p n ffa f in n Pqii'ipmPnf 562 S c ie n t i f ic and c o n tr o l l in g in s tru m e n ts .................... 5 3 5 5 363 O p tica l.o p h th a lm ic ,a n d pho tog raph ic e q u ip m e n t... ( 1 / ) 1 (I/> 6 564 M isce llaneous m an u fac tu rin g .......................................................................................................... 2 2 2 4 ( 1 / )65 T ra n s p o r ta tio n and w arehousing ........................................................................................... 7 1 1 6 9 2fk f% f* .r\ A n o Ov r Dp t*69 W holesale and r e t a i l t r a d e ............................................................................................................... 47 84 40 57 137 1 R p a I Pfff^fP apH rpnt"a 1 r ( ( ,AO ea -1 mpnr f - a n f anrl Qprvl 16

T otal p la n t and equipm ent ..................................................................................................................... 504 741 473 619 135T o ta l equipm ent................................................................... 350 536 313 428 92T o ta l p la n t (new c o n s t r u c t io n ) .................................. 153 205 159 191 43


13




~~ ----- Consuming in d u s t r ie s

Producing in d u s t r ie s '

M iscellaneousm anufacturing

N ondurablem anufactu ring

Food andk in d redp ro d u c ts

Tobacco T e x t i le s and a p p are l

64 14-19,24-34 14 15 16-19

17 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 123 O ther f u r n i tu r e and f i x tu r e s ........................................ .. 4 6 6 9 1 1 132 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............ 1 5 1 ( 1 / ) 1

8 840 H eating ,p lum bing ,and s t r u c tu r a l m eta l p ro d u c ts . . 2 160 18 ( l /> 9

37 443 Engines and t u r b in e s ............................................................ 1 56 4 (I/) 544 Farm m achinery and equipm ent........................................... 8 6 ........ ........45 C o n stru c tio n ,m in in g ,a n d o i l f i e l d m achinery ......... 15

5 44 16 247 M etalw orking m achinery and equipm ent......................... 2 1 5148 S p ec ia l in d u s try m achinery and equipment............ 17 948 166 9 17449 G eneral in d u s t r i a l m achinery and equipm ent............ 8 404 19 2 351 O ffice ,co m p u tin g ,an d acco u n tin g m achines................ 1 2 147 30 3 1652 S e rv ice in d u s try m achines................................................. (I/) 6 6 56 ( 1 / ) 5R1 P rfr i r inH iicfri al orju-i pmPnf anrl AppArafnc 1 0 49 9 1 1SZi Hnusp.hnl H appl i anres - - Tt_____ttttt_______ r - - t____ 7 755 E le c t r i c l ig h t in g and w irin g equ ipm ent.................... Cl/) 2 Cl/) ( 1 / ) (I/)56 R ad io , te le v is io n ,a n d communication e q u ip m e n t.. . . l 28 4 1 5S 7 F.1 Pr frnm r o nmpnn pntc anH arrP Q cnri Pc n A 2 ( 1 / )58 M isce llaneous e l e c t r i c a l m achinery and equipment (i/> 2 1 (I/) ( l />59 Motor v e h ic le s and equipm ent........................................... 5 238 150 2 1360 A i r c ra f t and p a r t s ................................................................. (I/) 15 7 ( 1 / ) 1fil flfhpr franspnrl'afifu i pqiiipmpnt' , . . t T 1 i 1 i itt 65 762 Scientific and controlling instruments......... 105 42 (l/> 263 O p t ic a l ,o p h thalm ic ,and p h o tog raph ic e q u ip m e n t... (I /) 2664 M isce llaneous m an u fac tu rin g ............................................. (I/) 1 1 2 1 365 T ra n s p o r ta tio n and w arehousing ...................................... 2 56 14 5f\f\ pAiwntin4 PAfi nnc oyp opt* KrrtflHracfi69 W holesale and r e t a i l t r a d e . ; ........................................... 15 406 108 3 3871 Rpa1 p a ta fp and ra n ta lAD (Irnc a i mprtr fr* a n f a ayiH cPt*\r j roc

T o ta l p la n t and equipm ent................................................. 157 4,612 1 , 0 0 0 39 386T o ta l equipm ent............................................................ .. 106 3,040 684 24 313T o ta l p la n t (new c o n s t r u c t io n ) .................................. 51 1,572 316 15 73


14


Table 1 . C a p ita l Flow s, 1958 By Major In d u s try Group, P ro d u ce rs ' V a luesContinued


Paper and a l l i e d

p ro d u c ts24, 25

P r in t in g and publ is h in g

Chemicals and a l l i e d

p ro d u c tsPetro leum

Rubber and p l a s t i c s p ro d u c ts

L eather and le a th e r p roduc ts

27-30 31 32 33, 34

17 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 20 Lumber and wood p ro d u c ts ,excep t c o n ta in e r s ...........22 Household f u r n i tu r e ..............................................................23 O ther f u r n i tu r e and f i x tu r e s ..........................................32 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ...........34 Footwear and o th e r l e a th e r p ro d u c ts ...........................39 M etal c o n ta in e r s .....................................................................40 H eating ,p lum bing ,and s t r u c tu r a l m etal p ro d u c ts . .42 O ther fa b r ic a te d m eta l p ro d u c ts ....................................43 Engines and tu r b in e s ............................................................44 Farm m achinery and equipm ent..........................................45 C o n s tru c tio n ,m in in g ,an d o i l f i e l d m achinery .........46 M a te r ia ls h an d lin g m achinery and equipm ent............47 M etalw orking m achinery and equipm ent.........................48 S p ec ia l in d u s try m achinery and equipm ent................49 G eneral i n d u s t r ia l m achinery and equipm ent............51 O ffice ,co m p u tin g ,an d acco u n tin g m achines................52 S erv ice in d u s try m ach ines.................................................53 E le c t r i c i n d u s t r ia l equipment and a p p a ra tu s .........54 Household a p p lia n c e s ............................................................55 E le c t r i c l ig h t in g and w irin g equipm ent....................56 R a d io ,te le v is io n ,a n d communication e q u ip m e n t.. . .57 E le c tro n ic components and a c c e s s o r ie s .......................58 M isce llaneous e l e c t r i c a l m achinery and equipment59 Motor v e h ic le s and equipm ent...........................................60 A ir c ra f t and p a r t s .................................................................61 O ther t r a n s p o r ta t io n equipm ent......................................62 S c ie n t i f ic and c o n tro l l in g in s tru m e n ts ....................63 O p t ic a l ,o p h th a lm ic , and pho tog raph ic e q u ip m e n t...64 M isce llaneous m an u fac tu rin g .............................................65 T ra n s p o r ta tio n and w arehousing ......................................6 6 C om nunications, excep t b ro a d c a s t in g .............................69 W holesale and r e t a i l t r a d e ...............................................71 Real e s t a t e and r e n t a l ........................................................

( I / )

171

264

15( 1/ )

155

1916419

Cl/)3

(1/ )2

(1 /)12

16

3

17

51

1

18

(1 /)

3

2

1722

12(1 /)

(1 /)10

( I / )14

(1 /)

(1 /)19

15

32

1 (I/> (I/>1 ( 1 / ) ( 1 / )

18 6 42 (I/>

40 58 61 2 1614 1 2 2

1 ( 1 / ) ( 1 / )

1 1 3 429 2 2

159 17 41231 44 37

26 28 83 1 ( 1 / )8 17 2

( 1 / ) ( 1 / ) ( 1 / )3 3 1

1 ( 1 / ) ( 1 / )27 15 3

3 2 132 2 047 7 3

6 12 2 ( 1 / )

14 6 3

105 43 2 0

(1 /)

(1 /)31

1

2

1925

(1 /)1

(1 /)2

< I / >

(1 /)1

6

80 Gross im ports o f goods and s e r v ic e s ...........................T o ta l p la n t and equipm ent.................................................

T o ta l equipm ent...................................................................T o ta l p la n t (new c o n s t r u c t io n ) ..................................

581434147

424283141

1,120799322

808303506

20415945

4943

7See fo o tn o te s at end o f t a b le .


Table 1 . C a p ita l Flow s, 1958 By M ajor In d u s try Group, P ro d u ce rs ' V a lues--C on tinued


Consuming in d u s t r ie s T ran sp o rta t io n and

w arehousingCommunicat io n s and

p u b lic u t i l i t i e s

W holesale and r e t a i l

t ra d eF in an ce ,

in su ra n ce , and r e a l

e s t a t eS erv ice s T o ta l

Producing in d u s t r ie s 65 6 6 - 6 8 69 70, 71 72-77

17 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 4 2 17 4 1 0 45. , , . _ , . , . _ . . . . . .

22 Household f u r n i tu r e .............................................................. 1 1 6 42 16 31 12623 O ther f u r n i tu r e and f i x tu r e s ........................................... 27 56 247 78 206 79832 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............ 1 34 3 52

3 51 0

7083

40 H eating ,p lum bing ,and s t r u c tu r a l m etal p ro d u c ts . . 8 379 4 2642 O ther f a b r ic a te d m eta l p ro d u c ts .................................... 17 17 13 33 7 16643 Engines and tu r b in e s ............................................................ 8 392 14 .......... 24 57644 Farm m achinery and equipm ent........................................... 19 16 15 6 6 84 1,670

1865

281

9 1 27

1,31935276

A 7 txr%A OmH ntnl>nt~ 34 1 2 1,153/ifi CnA/ 4 el l tw n on t an/1 Dmi 4 nmon t" 118 49 1,46849 G eneral in d u s t r i a l m achinery and equipm ent............ 1 1 74 33 4 2 0 1,05151 O ffice ,co m p u tin g ,an d acco u n tin g m achines................ 27 64 108 260 178 1,01652 S erv ice in d u s try m achines.................................................

^ F1 D rfr'l n -i nHuct ill DqiH pinDnh avwl DppflV*Dfiie431 1

31 , 1 0 0

5083742

13 253119

33

9551,617

9354 Household a p p lia n c e s ............................................................ 4SS R1 # c l ig h t in g nnrl w irin g fqui pmenf.................... 2 6 6 5 2556 R a d io ,te le v is io n ,a n d communication e q u ip m e n t.. . . 40 730 40 2 0 85 1,00957 E le c tro n ic components and a c c e s s o r ie s ...................... 1 5 1 4 2 2758 M isce llaneous e l e c t r i c a l m achinery and equipment 15 1 1 5 1 36 8359 Motor v e h ic le s and equipm ent.......................................... 194 144 991 313 657 ^ 3 ,5 7 560 A ir c ra f t and p a r t s ................................................................. 261 5 3 1 26 35861 O ther t r a n s p o r ta t io n equipm ent...................................... 896 .......... 26 1 0 23 1,17862 S c i e n t i f ic and c o n tr o l l in g in s tru m e n ts .................... 4 23 5 1 317 53263 O p tica l,o p h th a lm ic ,a n d pho tog raph ic e q u ip m e n t... 2 1 0 107 1 A^ID J64 M isce llaneous m an u fac tu rin g ............................................. 1 3 94 2 146 27965 T ra n s p o r ta tio n and w arehousing ......................................A A Pamt%4 r* + 4 a w e DvADnf Krn

24 75362348

72 2 2 71 507362

3,74769 W holesale and r e t a i l t r a d e ............................................... 182 6 6 6 239 57371 p a 1 i r p t i r a 1 . r . . t T r - ,ftH P t A e a AtnnAT*! a r t f o n m l o a m i o d i r A f l 16

42,192T o ta l p la n t and equipm ent................................................. 2,521 8,448 4,696 2,140 5,868T o ta l equipm ent................................................................... 1,893 3,861 3,263 1,089 3,126 25,047T o ta l p la n t (new c o n s t r u c t io n ) ..................................................... 628 4,587 1,433 1,051 2,742 17,145

1 / Less th an $500,000. NOTE: Because o f round ing , sums o f in d iv id u a l item s may n o t2 / Motor v e h ic le s in c lu d e n o t on ly tru c k s b u t b u s in e ss equal t o t a l s ,

pu rch ases o f au to m o b iles.

16


Table 2 . C a p ita l Flow s, 1958 By Major In d u s try Group

(P ercen t d i s t r ib u t i o n by consuming in d u s try )

' Consuming in d u s t r ie s A g r ic u l tu r a l , f o r e s t r y , and

f is h e ry s e rv ic e s

Mining C o n s tru c tio n M anufacturing D urable goods manuf ac tu r in g

Producing in d u s t r ie s 1-4 5-10 1 1 , 1 2 13-64 13, 20-23 , 35-6417 M isce llaneous t e x t i l e goods and f lo o r co v e rin g s . 0 . 1 0 . 1

0 1 ( 1 / ) ( 1 / )0 . 2 0 . 2

23 O ther f u r n i tu r e and f i x tu r e s ........................................... ( l /> 0 . 2 0 .7 1 . 8 2 . 032 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............ ( 1 / ) ( 1 / ) 0 . 1 0 . 1

( \ / \

0 . 140 H eating ,p lum bing ,and s t r u c tu r a l m eta l p ro d u c ts . . 0 .7 0 .4 0 .3 2 .5 1 . 642 O ther f a b r ic a te d m eta l p ro d u c ts .................................... 0 . 2 0 . 6 0 .7 0 .5 0 . 243 Engines and t u r b in e s ............................................................ 0 .3 0 .5 0 .4 1 . 1 1 . 044 Farm m achinery and equipm ent........................................... 31.8 .......... 0 .7 0 . 2 0 . 245 C o n s tru c tio n ,m in in g ,an d o i l f i e l d m achinery ......... 1 . 2 19.9 47 .3 0 . 8 1.346 M a te r ia ls h an d lin g m achinery and e q u ip m e n t . . . . . . 1 .4 1 . 6 2 . 247 M etalw orking m achinery and equipm ent......................... 3 .8 1 1 . 1 2 0 . 148 S p ec ia l in d u s try m achinery and e q u ip m e n t.............. 1 .5 0 . 6 1 .3 12.4 4 .949 G eneral i n d u s t r ia l m achinery and equipm ent............ 0 .9 3 .5 3 .5 7.4 6 . 151 O ffice ,co m p u tin g ,an d accoun ting m achines................ 0 . 1 0 . 1 1 . 1 3 .7 4 .252 S erv ice in d u s try m achines................................................. 0 . 6 ( I / ) 1.3 1 . 0 0 . 653 E le c t r i c in d u s t r ia l equipment and a p p a ra tu s ......... 0 .3 1 . 1 3 .4 5 .4S U. H r t t i s p h n l H a p p l 1 a n r p s . T 1 I t T r l l 1 I i l l l r T t t l I I T I I I I 0 . 2 0 . 155 E le c t r i c l ig h t in g and w irin g equipm ent.................... ( 1 / ) C l/) ( 1 / ) 0 . 156 R ad io , t e le v is io n ,a n d communication e q u ip m e n t.. . . 0 . 1 0 . 2 0 .5 0 . 8 1 . 0S 7 F I PofrArvi n I'ninpnnPnf q anH a r rp o an ri pq ( f ( ( 0 . 1 0 .358 M isce llaneous e l e c t r i c a l m achinery and equipm ent 0 . 1 0 . 1 0 . 2 0 . 1 0 . 159 Motor v e h ic le s and equipm ent.......................................... 14.9 1 .9 16.9 3 .9 2 .760 A ir c ra f t and p a r t s ................................................................. 0 .3 0 . 1 0 . 2 0 .4 0 .561 O ther t r a n s p o r ta t io n equipm ent...................................... 1 .7 1 . 6 0 . 8 0 .9 0 .562 S c i e n t i f ic and c o n tr o l l in g in s tru m e n ts .................... 0 . 1 0 . 6 0 . 2 1 . 6 1 . 063 O p tic a l .o p h th a lm ic , and pho tog raph ic e q u ip m e n t... ( I / ) ( 1 / ) 0 . 1 0 .4 0 .364 M isce llaneous m an u fac tu rin g ............................................. 0 . 1 ( 1 / ) .................. 0 .3 0 .365 T ra n s p o r ta tio n and w arehousing ...................................... 1 . 6 0 . 8 2 . 2 1.3 1 .3f \f \ r o f l Ano ovrApf K r n a / 1 r a o h 4 n ^69 W holesale and r e t a i l t r a d e ............................................... 13.1 4 .5 13.7 8 .9 9 .07 1 R p a l pafat-p and rPnf- a 1 . T . . t ......... T - -R O flrn q e 1 mpnrf a n f gnnHa s t r eprv{ n>a , ......... , T , 0 . 2 0 .3

T o ta l p la n t and equipm ent................................................. 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0T o ta l equipm ent................................................................... 69 .6 37.3 97.0 67.0 67.6T o ta l p la n t (new c o n s t r u c t io n ) .................................. 30 .5 62.4 3.1 33.2 32.3


17


Table 2 . C a p ita l Flow s, 1958 By Major In d u s try GroupC ontinued

(P e rcen t d i s t r ib u t i o n by consuming in d u s try )

-------Consuming in d u s t r ie s

Producing i n d u s t r ie s

OrdnanceLumber and

wood p ro d u c ts

F u rn itu re and f ix tu r e s

S to n e , c la y , and g la s s Prim ary m eta ls

13 2 0 , 2 1 22, 23 35, 36 37, 38

17 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 0 . 2 0 . 1 0 . 1 20 Lumber and wood p ro d u c ts , excep t c o n ta in e r s ............22 Household f u r n i t u r e ............................................................... 0 . 6 0 . 1 0 .3 0 . 1 0 . 123 O ther f u r n i tu r e and f i x tu r e s ........................................... 2 .7 1 .4 3 .1 1 . 8 0 . 832 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............ 0 . 1 0 .3 0 . 1 0 . 1

40 H eating ,p lum bing ,and s t r u c tu r a l m eta l p r o d u c ts . . 0 .3 1 . 0 2 . 2 1 .4 2 .40 .5

43 Engines and t u r b in e s ............................................................ 0 . 2 1 .9 0 .7 0 . 8 1 .344 Farm m achinery and equipm ent........................................... 0 . 1 2 . 0 1 . 1 ( 1 / ) ( 1 / )45 C o n s tru c tio n ,m in in g ,a n d o i l f i e l d m ach inery ......... 0 . 6 6 . 2 0 .9 9 .4 0 .346 M a te r ia ls h a n d lin g m achinery and equipm ent............ 8 .4 2 . 8 2 . 2 3 .6 1 .347 M etalw orking m achinery and equipm ent......................... 1 2 . 0 .......... 1 2 . 2 1 . 0 27 .848 S p e c ia l in d u s try m achinery and equipm ent................ 15.6 27 .4 2 1 . 6 9 .8 1 .949 G eneral i n d u s t r i a l m achinery and equipm ent............ 3 .0 0 . 6 2 . 0 1 0 . 8 1 1 . 151 O ffice ,co m p u tin g ,an d acco u n tin g m achines................ 7 .3 0 . 8 3 .2 3 .2 1 . 252 S e rv ice in d u s try m achines................................................. .......... .......... 0 .3 0 . 2 0 . 1

r a l a p p a r a fn a 3 .1 1 . 8 1 . 6 3 .4Unit eohn 1 /I ap p l i a n r o c

55 E le c t r i c l ig h t in g and w irin g equipm ent..................... ( 1 / ) 0 . 1 ( 1 / ) ( 1 / )56 R ad io , te le v is io n ,a n d communication e q u ip m e n t.. . . 0 .7 0 .4 0 .7 0 .4 0 .3^7 IM / /tntnnAnonfa an/1 a//AoeAl*4 Oe

58 M isce llan eo u s e l e c t r i c a l m achinery and equipm ent 0 . 1 ( l /> ( I / ) ( 1 / )59 Motor v e h ic le s and equipm ent........................................... 2 .4 1 0 . 2 4 .8 7.8 0 .960 A i r c ra f t and p a r t s ................................................................. 1 . 8 0 .3 ................... 0 . 2 0 .361 O ther t r a n s p o r ta t io n equipm ent...................................... .................. 1.3 ................... 1 .3 0 . 662 S c i e n t i f ic and c o n tr o l l in g in s tru m e n ts ..................... 0 . 6 0 .3 0 . 1 0 . 8 1 .463 O p tic a l .o p h th a lm ic , and p h o tog raph ic e q u ip m e n t... 0 . 1 0 .4 0 . 264 M isce llan eo u s m an u fac tu rin g ............................................. 0 .4 0 .3 0 .4 0 . 2 0 . 265 T ra n s p o r ta tio n and w arehousing ...................................... 1 .3 1 . 2 1 . 2 1.3 1 .3f \ f k rAmmtm i r a f i nno O vrPpf KrnflHra ot- 4

69 W holesale and r e t a i l t r a d e ............................................... 9 .0 8 .5 9 .3 9 .0 7 .871 R oa l p e fa t'P a r t A r P n f a l , r , ,AO (!rn e a 1 mprr t- e rvf g-nnHq anH eortr f rAo

T o ta l p la n t and equipm ent.................................................. 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0T o ta l equipm ent................................................................... 70.6 6*7.4 68 .4 65.2 65.3T o ta l p la n t (new c o n s t r u c t io n ) .................................. 29 .5 32 .4 31.6 35.0 34 .7

See fo o tn o te s a t end o f t a b l e .

18


Table 2 . C a p ita l Flow s, 1958 By Major In d u s try GroupContinued

(P ercen t d i s t r ib u t i o n by consuming in d u s try )

' Consuming in d u s t r ie s


F a b r ic a te dm etal

p ro d u c tsM achinery,

excep te l e c t r i c a l

E le c t r i c a lm achinery

T ra n s p o r ta tio nequipm ent In stru m en ts

39-42 43-52 53-58 59-61 62, 63

17 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 0 . 1 0 . 2 0 . 1 0 . 1 0 . 10 . 1

22 Household f u r n i tu r e ............................................................... 0 . 2 0 .5 0 .4 0 .3 0 .323 O ther f u r n i tu r e and f i x tu r e s ........................................... 3 .0 3 .3 2 . 2 2 .7 2 .532 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ........... 0 . 2 0 . 2 0 . 1 0 . 1 0 . 1

40 H eating ,p lum bing ,and s t r u c tu r a l m eta l p ro d u c ts . . 1 .3 1 . 0 1.3 1 .5 0 .90 . 1 0 . 2

43 Engines and t u r b in e s ............................................................ 0 . 8 0 . 6 0 . 8 0 .9 0 .544 Farm m achinery and equipm ent........................................... 0 . 1 0 . 1 0 . 1 0 . 1 0 . 1

0 . 2 0 . 2 0 . 1 0 . 246 M a te r ia ls h an d lin g m achinery and equipm ent............ 3 .0 3 .6 0 . 2 2 . 647 M etalworking m achinery and equipm ent......................... 29.9 2 0 . 6 23.5 12.4 28.348 S p e c ia l in d u s try m achinery and equipm ent................ 2 . 0 0 .7 2 . 8 3 .2 1 . 049 G eneral in d u s t r ia l m achinery and equipm ent............ 2 .9 4 .1 2 .4 3 .6 1 . 251 O ffice ,co m p u tin g ,an d acco u n tin g m achines................ 3 .0 8 .3 6 . 2 7.3 6 .752 S e rv ice in d u s try m achines................................................. 1 .4 1 . 2 0 .7 1 . 1 0 .553 E le c t r i c in d u s t r ia l equipment and a p p a ra tu s ......... 5 .8 9.1 7.2 1 0 . 1 5 .9

Hnnaphnl H nppl 1 an rps . .55 E le c t r i c l ig h t in g and w irin g equipm ent.................... 0 . 1 ( 1 / ) 0 . 1 0 . 1 0 . 156 R a d io ,te le v is io n ,a n d communication e q u ip m e n t.. . . 0 . 6 0 .4 2 .7 3 .7 0 .5S7 E lp r f rn n l r rnmpnnpnfji pnH a r f p san r i p a T t 1 T . _ 0 . 1 1 .9 0 .558 M isce llaneous e l e c t r i c a l m achinery and equipment 0 . 2 0 . 1 0 . 1 0 . 2 0 .359 Motor v e h ic le s and equipm ent............................. ............. 2 . 8 1 . 8 1.4 2 .3 1 .460 A ir c ra f t and p a r t s ................................................................. 0 . 2 0 .5 0 .3 2 . 1 0 . 2ft 1 f)t-ViPr tTflnapnrhafinn PqiripraPnl* 0 . 862 S c i e n t i f ic and c o n tro l l in g in s tru m e n ts .................... 1 . 0 0 .5 1 . 1 0 . 8 2 .563 O p t ic a l , o p h th a lm ic , and pho tog raph ic e q u ip m e n t... 0 . 1 0 . 1 0 . 1 1 . 0 3 .664 M isce llaneous m an u fac tu rin g ............................................. 0 .3 0 .3 0 .4 0 . 6 0 .365 T ra n s p o rta tio n and w arehousing .................. .. 1 .4 1 .5 1 .4 1 .4 1 .4ftft frwnmnn-i ra ti nn a pvrppl*69 W holesale and r e t a i l t r a d e ...................................... .. 9 .4 11.3 8 .4 9 .2 9 .471 Rp p I psfai-p anH , , , , t , , , , , , , , , , ,fifl flrnaa Imports n f onnHa anH sprxriops r t 2 . 1

T o ta l p la n t and equipm ent................................................. 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0T o ta l equipm ent................................................................... 69.8 72.4 66.3 69.0 6 8 . 0T o ta l p la n t (new c o n s t r u c t io n ) .................................. 30.5 27.6 33.7 30 .9 31.8


19


T able 2 . C a p ita l Flow s, 1958 By M ajor In d u s try GroupC ontinued


Consuming i n d u s t r ie s

Producing i n d u s t r ie s -____

M isce llaneous manuf ac tu r ing

N ondurablem anufactu ring

Food andk in d redp ro d u c ts

Tobacco T e x t i le s and a p p are l

64 14-19,24-34 14 15 16-19

17 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 0 . 1 0 . 1 0 . 1 0 . 1 0 . 120 Lumber and wood p ro d u c ts , excep t c o n ta in e r s ............22 Household f u r n i tu r e ............................................................... 0 . 2 0 . 2 0 .3 0 . 2 0 .323 O ther f u r n i tu r e and f i x t u r e s ........................................... 2 . 6 1 .4 0 .9 2 . 0 2 . 832 Rubber and m isce llan eo u s p l a s t i c s p r o d u c t s . . . . . . 0 .3 0 . 1 0 . 1 0 . 1 0 . 2

0 . 2 0 . 840 H ea ting ,p lum bing ,and s t r u c tu r a l m eta l p r o d u c ts . . 1 .4 3 .5 1 . 8 0 .7 2 . 2

0 . 8 0 .443 Engines and t u r b in e s ............................................................. 0 . 8 1 . 2 0 .4 0 .4 1 .344 Farm m achinery and equipm ent........................................... 0 . 2 0 . 6 .......... ..........45 C o n s tru c tio n ,m in in g ,a n d o i l f i e l d m ach inery ......... 0 .346 M a te r ia ls h an d lin g m achinery and equipm ent............ 3 .0 0 .9 1 . 6 .......... 0 . 647 M etalw orking m achinery and equipm ent.................. .. 13.4 1 . 148 S p e c ia l in d u s try m achinery and equipm ent................ 1 1 . 0 2 0 . 6 16.6 2 2 . 8 45 .149 G eneral i n d u s t r i a l m achinery and equipm ent............ 5 .4 8 . 8 1 .9 5 .5 0 . 851 O ffice ,co m p u tin g ,an d acco u n tin g m achines................ 7 .8 3 .2 3 .0 7 .6 4 .152 S e rv ice in d u s try m achines................................................. 0 . 1 1 .4 5 .6 0 . 6 1 .4

R1 t-f { r* in H iis fr ia l PqnipmPnf and apparafita , , , , 6 .4 1 . 1 0 .9 2 . 8SA Hnnsp.hnl d appl i a n r a s __ 1 r . - . . Tl tTTT1. T___1- 11T- T 0 . 2 1. 955 E le c t r i c l ig h t in g and w irin g equipm ent..................... 0 .3 0 . 156 R a d io ,te le v is io n ,a n d comm unication e q u ip m e n t. . . . 0 .4 0 . 6 0 .4 2 .5 1 . 2S 7 R1 pnf rnn i n rnmpnnPfifs and a rrp aen r 'ip e , 0 .3 ( 1 A n/\58 M isce llan eo u s e l e c t r i c a l m achinery and equipm ent

Vi/ / 0 . 1

Vi/ / 0 . 1 0 . 2

59 Motor v e h ic le s and equipm ent........................................... 2 .9 5 .2 15.0 5 .1 3 .460 A i r c ra f t and p a r t s ................................................................. 0 . 1 0 .3 0 .7 0 . 8 0 . 2fil flth p r f r a n s p n r fa f ln n P(|iii'pmPnt' ( 1 . . TI 1T_ . TII (I , 1. 4 0. 762 S c i e n t i f i c and c o n tr o l l in g in s tru m e n ts ..................... 0 .3 2 .3 4 .2 0 .9 0 . 663 O p t ic a l , o p h th a lm ic ,and p h o tog raph ic e q u ip m e n t... ( 1 / ) 0 . 664 M isce llan eo u s m a n u fa c tu r in g . . ......................................... 0 .3 0 . 2 0 . 2 1 .5 0 .765 T ra n s p o r ta tio n and w arehousing ...................................... 1 .3 1 . 2 1 .4 1 . 1 1 .4

Pnmmiini r a fin n o Pvr K rna/fraofin^69 W holesale and r e t a i l t r a d e ............................................... 9 .5 8 . 8 1 0 . 8 8 .5 9 .97 1 Rpal and rpnf~a 1 . , r , , t r ,ftO Ciyiqr impnrf~q rtf gnnda and cprtri rPe

T o ta l p la n t and equipm ent................................................. 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0T o ta l equipm ent................................................................... 67 .6 6 6 . 0 68.5 60 .9 81.1T o ta l p la n t (new c o n s t r u c t io n ) .................................. 32 .4 34.1 31 .6 39.2 18.9


20


Table 2 . C a p ita l F low s, 1958 By M ajor In d u s try GroupC ontinued


Consuming i n d u s t r ie s


17 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 20 Lumber and wood p ro d u c ts , ex cep t c o n ta in e r s ............22 Household f u r n i tu r e ...............................................................23 O ther f u r n i tu r e and f i x t u r e s ...........................................32 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............34 Footw ear and o th e r le a th e r p r o d u c t s . . . . ..................39 M etal c o n ta in e r s .....................................................................40 H eating ,p lum bing ,and s t r u c tu r a l m eta l p ro d u c ts . .42 O ther fa b r ic a te d m eta l p ro d u c ts ....................................43 Engines and tu r b in e s .................................... ........................44 Farm m achinery and equipm ent.................. ........................45 C o n stru c tio n ,m in in g ,a n d o i l f i e l d m ach inery .........46 M a te r ia ls h an d lin g m achinery and equipm ent............47 M etalw orking m achinery and equipm ent.........................48 S p ec ia l in d u s try m achinery and equipm ent................49 G eneral i n d u s t r i a l m achinery and equipm ent............51 O ffice ,co m p u tin g ,an d acco u n tin g m ach ines................52 S e rv ice in d u s try m ach ines.................................................53 E le c t r i c i n d u s t r i a l equipm ent and a p p a ra tu s .........54 Household a p p lia n c e s ............................................................55 E le c t r i c l ig h t in g and w ir in g equipm ent.....................56 R a d io ,te le v is io n ,a n d comm unication e q u ip m e n t.. . .57 E le c tro n ic components and a c c e s s o r ie s .......................58 M isce llaneous e l e c t r i c a l m achinery and equipm ent59 Motor v e h ic le s and equipm ent..........................................60 A i r c ra f t and p a r t s .................................................................61 O ther t r a n s p o r ta t io n equipm ent......................................62 S c i e n t i f ic and c o n tr o l l in g in s tru m e n ts .....................63 O p tica l,o p h th a lm ic ,a n d ph o to g rap h ic e q u ip m e n t...64 M isce llaneous m an u fac tu rin g .............................................65 T ra n s p o r ta tio n and w arehousing ......................................66 C om m unications,except b ro a d c a s t in g .............................69 W holesale and r e t a i l t r a d e ...............................................71 R eal e s t a t e and r e n t a l ........................................................80 G ross im ports o f goods and s e r v ic e s ...........................

T o ta l p la n t and equipm ent.................................................T o ta l equipm ent............................................. .....................T o ta l p la n t (new c o n s t r u c t io n ) ..................................


Paper and a l l i e d

p ro d u c tsP r in t in g and publ is h in g

Chemicals and a l l i e d

p ro d u c tsPetro leum

Rubber and p l a s t i c s p ro d u c ts

24, 25 26 27-30 31 32

( 1 / ) 0.1 (I/) (1/) 0.1

0.1 0 .3 0.1 0.1 0 . 21 . 2 1 .9 1 . 6 0 . 8 2 . 20 . 2 0.1 0.1 an 0.1

4 .5 0 .7 3 .6 7.1 3 .00 .7 1 . 1 2 . 02 .5 0 .4 1.3 1 .5 1 . 10.1 0.1 (in . i2 60 .9 1.0 0 .3 1 . 8

2 . 6 1 0 . 632.8 4 0 .5 14.2 2 . 1 2 0 . 11 1 . 1 0 .4 2 0 . 6 5 .4 18.2

3 .2 2 .9 2 .4 3 .4 4 .0 0.1 0 .3 0.1 0.10 .5 0 .7 2 . 1 1 . 1

U/> (I/) (in0 .3 2 .3 0 .3 0 .3 0 .4

0 . 1

0.1 0.1 (in (in2 . 1 3 .4 2 .4 1 .9 1.30.1 0.1 0 .3 0 .3 0 .51.0 2 .9 2 .50 .5 0.1 4 .2 0 .9 1 .5

4 .4 0 .5 0.10 . 2 0 . 1 0 . 2 0 . 2 0 . 21 .3 1 . 2 1 .3 0 .7 1 .4

8 .7 7 .5 9 .4 5 .4 9 .8

1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 074.6 6 6 . 6 71.3 37.3 77.825.3 33.3 28.7 62.5 2 2 . 1

L ea th e r and le a th e r p ro d u c ts

33, 34

0.2

0 .45.21.3

1.5

0 .9

4 .7

38.34 .49.5

0.1

1.3

ci/)3 .9

0 .5

0.8

1 .5

11.6

100.0

8 6 .113.9

21


Table 2 . C a p ita l Flow s, 1958 By Major In d u s try G roup--C ontinued


Consuming in d u s t r ie s


T ran sp o rta t io n and

w arehousingCommunicat io n s and

p u b lic u t i l i t i e s

W holesale and r e t a i l

t r a d eF in a n ce ,

in s u ra n c e , and r e a l

e s t a t eS e rv ice s

T o ta l

65 6 6 - 6 8 69 70, 71 72-77

17 M isce llan eo u s t e x t i l e goods and f lo o r c o v e rin g s . 0 . 2 0. 4 0 . 2 0 . 2 0 . 120 Lumber and wood p ro d u c ts , excep t c o n ta in e r s ............ ( 1 / )22 Household f u r n i t u r e ............................................................... 0 .4 0 . 1 0 .9 0 .7 0 .5 0 .323 O ther f u r n i tu r e and f i x t u r e s ........................................... 1 . 1 0 .7 5 .3 3 .7 3 .5 1 .932 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............ ( 1 / ) 0 .7 0 . 1 0 . 1

0 . 1 ( 1 / )( 1 / 10 . 1

40 H ea ting ,p lum bing ,and s t r u c tu r a l m eta l p ro d u c ts . . 0 .3 4 .5 0 . 1 0 .4V/ 91 .7

42 O ther f a b r ic a te d m eta l p ro d u c ts .................................... 0 .7 0 . 2 0 .3 1 .5 0 . 1 0 .443 E ngines and tu r b in e s ............................................................. 0 .3 4 .6 0 .3 .......... 0 .4 1 .444 Farm m achinery and equipm ent........................................... 0 . 8 0 . 2 0 .3 3 .1 1 .4 4 .045 C o n s tru c tio n ,m in in g ,a n d o i l f i e l d m ach inery ......... 0 .7 0 .3 0 . 2 .......... 0 . 2 3 .146 M a te r ia ls h an d lin g m achinery and equipm ent............ 2 . 6 1 . 6 .......... 0 . 1 0 . 8

0 .7 0 . 2 2 .748 S p e c ia l in d u s try m achinery and equipm ent................ 2 .5 0 . 8 3 .549 G eneral in d u s t r i a l m achinery and equipm ent............ 0 .5 0 .9 0 .7 0 . 2 0 .3 2 .551 O ffice ,co m p u tin g ,an d acco u n tin g m ach ines................ 1 . 1 0 . 8 2 .3 1 2 . 1 3 .0 2 .452 S e rv ice in d u s try m ach ines................................................. 1 .7 (I/> 1 0 . 8 0 . 6 4 .3 2 .353 E le c t r i c i n d u s t r i a l equipm ent and a p p a ra tu s ......... 0 .4 13.0 0 . 8 .......... 2 . 0 3 .8S4 Hmisehol d A p p l i a n res . T ________T _ _ . . T T______1 . T . T . . rT 0 .9 0 . 2 0 . 6 0 . 255 E le c t r i c l ig h t in g and w ir in g equipm ent.................... 0 . 1 0 . 1 0 . 1 0 . 1 0 . 156 R ad io , te le v is io n ,a n d comm unication e q u ip m e n t. . . . 1 . 6 8 . 6 0 .9 0 .9 1 .5 2 .457 E le c tro n ic components and a c c e s s o r ie s ....................... ( 1 / ) 0 . 1 ( l /> 0 . 2 ( l /> 0 . 158 M isce llan eo u s e l e c t r i c a l m achinery and equipment 0 . 6 0 . 1 0 . 1 0 . 6 0 . 259 Motor v e h ic le s and equipm ent........................................... 7 .7 1 .7 2 1 . 1 14.6 1 1 . 2 8 .560 A ir c ra f t and p a r t s ................................................................. 10.3 0 . 1 0 . 1 ( 1 / ) 0 .4 0 . 861 O ther t r a n s p o r ta t io n equipm ent...................................... 35 .5 .......... 0 . 6 0 .5 0 .4 2 . 862 S c i e n t i f ic and c o n tr o l l in g in s tru m e n ts ..................... 0 . 2 0 .3 0 . 1 5 .4 1.363 O p tic a l .o p h th a lm ic ,a n d ph o to g rap h ic equipm ent. . . 0 . 1 0 . 1 1 . 8 0 .464 M isce llaneous m an u fac tu rin g ............................................. ( 1 / ) ( l /> 2 . 0 0 . 1 2 .5 0 .765 T ra n s p o r ta tio n and w arehousing ...................................... 1 .0 0 .9 1 .5 1 .0 1 . 2 1 . 2f\f\ Prmnniini r a f 1 nne pvrPpt Krna^ract"in^ 4 .3 0 .969 W holesale and r e t a i l t r a d e ............................................... 7 .2 4 .1 14.2 1 1 . 2 9 .8 8 .971 Rpal Psfa^P And r p n ta l , 1ftf) Clirnc g im pnrfa rf grinds And cp ru i rPQ t (

T o ta l p la n t and equipm ent................................................. 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0\ j j

1 0 0 . 0T o ta l equipm ent................................................................... 75.1 4 5 .7 69.6 50.8 53.1 59.5T o ta l p la n t (new c o n s t r u c t io n ) .................................. 24 .9 54.3 30.5 49 .1 4 6 .7 4 0 .6

1/ Less than .05 p e rc e n t . NOTE: Because o f ro und ing , sums o f in d iv id u a l item s mayn o t equal t o t a l s .

22


T able 3 . C a p ita l F low s, 1958 By M ajor In d u s try Group

(P e rcen t d i s t r ib u t i o n by p roducing in d u s try )

Cons umi ng in d u s t r ie s A g r ic u l tu r a l , f o re s t ry ,a n d f i s h e ry s e rv ic e s

M ining C o n stru c tio n M anufacturing D urable goods manuf ac tu r in g

Producing in d u s t r ie s 1-4 5-10 1 1 , 1 2 13-64 13, 20-23, 35-6417 M isce llaneous t e x t i l e goods and f lo o r c o v e rin g s . 0 .3 16.8 11.7

63.7 27.3 9.1 9 .116.2 9 .7

23 O ther f u r n i tu r e and f i x tu r e s .......................................... ( 1 / ) 0 .9 0 . 8 2 1 . 0 12.732 Rubber and m isce llan eo u s p l a s t i c s p ro d u c ts ............ 1 . 2 1 .9 0 . 8 22.7 12.5

34.175.0

40 H e a tin g , p lum bing,and s t r u c tu r a l m eta l p ro d u c ts . . 4 .4 2 . 0 0 .4 34.2 1 1 . 842 O ther f a b r ic a te d m eta l p ro d u c ts .................................... 4 .2 11.3 4 .3 28.1 5 .943 Engines and tu r b in e s ............................................................ 2 . 6 2 . 8 0 .7 18.0 8 .4

86.5 0 .4 1 . 0 0 .545 C o n s tru e tio n ,m in ing ,and o i l f i e l d m achinery ......... 4 .3 50.2 34.5 5 .7 4 .646 M a te r ia ls h an d lin g m achinery and equipm ent............ 13.2 44 .1 31.847 M etalw orking m achinery and equipm ent......................... 3 .1 92.7 8 8 . 248 S p ec ia l in d u s try m achinery and equipm ent................ 4 .7 1 .4 0 .9 81.5 17.049 G eneral i n d u s t r ia l m achinery and equipm ent............ 3 .8 1 1 . 1 3 .3 6 8 . 0 29.751 O f f ic e , com puting,and acco u n tin g m achines................ 0 .3 0 .3 1 . 1 35.4 2 1 . 152 S e rv ice in d u s try m achines................................................. 2 .7 1.3 9 .7 2 .953 E le c t r i c in d u s t r ia l equipm ent and a p p a ra tu s ......... 0 . 1 0 .7 0 . 6 20.4 17.3

^nti^phnl H appl {flnrAa f ............... 1 . . . . 7 .8 7.755 E le c t r i c l ig h t in g and w irin g equipm ent.................... 0 . 2 1 . 1 17.4 9 .756 R a d io ,te le v is io n ,a n d communication e q u ip m e n t.. . . 0 .4 0 . 6 0 .5 7 .5 4 .6

7 1? 1 o o i r rArppnn0 |it a r rAccnr i pq 54.5 4 8 .858 M isce llan eo u s e l e c t r i c a l m achinery and equipment 4 .2 4 .7 2 . 0 8 . 2 5 .759 Motor v e h ic le s and equipm ent........................................... 18.9 1 .9 4 .5 9 .9 3 .460 A i r c ra f t and p a r t s ................................................................. 4 .3 0 .5 0 .7 12.3 7 .961 O ther t r a n s p o r ta t io n equipm ent...................................... 6 .4 4 .4 0 . 6 7.4 1 .962 S c i e n t i f ic and c o n tr o l l in g in s tru m e n ts ..................... 0 . 6 4 .0 0 .3 29.1 9 .463 O p t ic a l ,o p h thalm ic ,and pho tog raph ic e q u ip m e n t... 0 . 1 0 .4 0 . 6 24.8 9 .064 M isce llaneous m an u fac tu rin g ..........................

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