[Economic Indicators July, 1995] [Page Number 10] [From the U.S. Government Publishing Office, www.gpo.gov] EXPENDITURES FOR NEW PLANT AND EQUIPMENT According to the Commerce Department July-August 1994 survey, business spending for new plant and equipment was expected to rise 8.8 percent in 1994, following a rise of 7.3 percent in 1993. ____________________________________________________________________________________________________________________________________________ [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Industries surveyed quarterly Addenda ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Manufacturing Nonmanufacturing Nonmanufacturing Period -------------------------------------------------------------------------------------------------- Total non- ----------------------------------- All indus- Non- Com- farm Manufacturing tries Total Durable durable Total\1\ Mining Transportation Public mercial business\2\ Total Surveyed Surveyed goods goods utilities and other quarterly annually\3\ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1984............ 373.83 139.61 64.57 75.04 234.22 11.86 13.44 57.53 151.39 418.38 139.61 278.77 234.22 44.55 1985............ 410.12 152.88 70.87 82.01 257.24 12.00 14.57 59.58 171.09 454.93 152.88 302.05 257.24 44.81 1986............ 399.36 137.95 65.68 72.28 261.40 8.15 15.05 56.61 181.59 447.11 137.95 309.16 261.40 47.75 1987............ 410.52 141.06 68.03 73.03 269.46 8.28 15.07 56.26 189.84 461.51 141.06 320.45 269.46 50.99 1988............ 455.49 163.45 77.04 86.41 292.04 9.29 16.63 60.37 205.76 508.22 163.45 344.77 292.04 52.73 1989............ 507.40 183.80 82.56 101.24 323.60 9.21 18.84 66.28 229.28 563.93 183.80 380.13 323.60 56.53 1990............ 532.61 192.61 82.58 110.04 339.99 9.88 21.47 67.21 241.43 591.96 192.61 399.34 339.99 59.35 1991............ 528.39 182.81 77.64 105.17 345.58 10.02 22.66 66.57 246.32 587.93 182.81 405.12 345.58 59.54 1992............ 546.60 174.02 73.32 100.69 372.58 8.88 22.64 72.21 268.84 607.71 174.02 433.69 372.58 61.11 1993............ 586.73 179.47 81.45 98.02 407.26 10.08 21.77 75.98 299.44 650.41 179.47 470.95 407.26 63.68 1994\4\......... 638.37 192.56 92.78 99.77 445.81 11.24 21.19 76.44 336.93 ............ 192.56 ........ 445.81 ............ 1992:I.......... 534.23 173.14 73.26 99.87 361.09 8.99 21.82 69.09 261.19 ............ 173.14 ........ 361.09 ............ II........ 541.29 172.52 73.74 98.78 368.77 9.20 23.32 72.56 263.69 ............ 172.52 ........ 368.77 ............ III....... 547.82 173.05 72.63 100.42 374.77 8.96 23.66 72.48 269.67 ............ 173.05 ........ 374.77 ............ IV........ 559.39 176.74 73.64 103.09 382.65 8.43 21.66 73.79 278.77 ............ 176.74 ........ 382.65 ............ 1993:I.......... 563.48 173.99 78.19 95.80 389.49 8.98 22.38 73.78 284.35 ............ 173.99 ........ 389.49 ............ II........ 578.95 177.55 80.33 97.22 401.40 9.10 21.50 74.45 296.35 ............ 177.55 ........ 401.40 ............ III....... 594.56 182.48 82.74 99.74 412.09 11.09 21.32 75.94 303.74 ............ 182.48 ........ 412.09 ............ IV........ 604.51 182.15 83.64 98.51 422.36 10.92 21.84 78.87 310.73 ............ 182.15 ........ 422.36 ............ 1994:I.......... 619.34 185.04 86.03 99.02 434.29 11.43 22.47 73.20 327.20 ............ 185.04 ........ 434.29 ............ II........ 637.08 193.99 91.71 102.28 443.09 10.70 19.59 76.51 336.28 ............ 193.99 ........ 443.09 ............ III\4\.... 651.92 197.36 98.97 98.39 454.56 11.57 20.73 78.50 343.76 ............ 197.36 ........ 454.56 ............ IV\4\..... 645.13 193.83 94.44 99.39 451.30 11.27 21.98 77.57 340.48 ............ 193.83 ........ 451.30 ............ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\Excludes forestry, fisheries, and agricultural services; professional services; social services and membership organizations; and real estate, which, effective with the April-May 1984 survey, are no longer surveyed quarterly. See last column (``nonmanufacturing surveyed annually'') for data for these industries. \2\``All industries'' plus the part of nonmanufacturing that is surveyed annually. \3\Consists of forestry, fisheries, and agricultural services; professional services; social services and membership organizations; and real estate. \4\Planned capital expenditures as reported by business in July- August 1994, corrected for biases. Note.--The quarterly Plant and Equipment Survey has been discontinued and replaced by a new semi-annual indicator survey: Business Investment and Plans. The first new survey results for 1993-95 were released February 23, 1995. The new survey data may be incorporated into Economic Indicators at a later date. See Plant and Equipment Expenditures and Plans release of September 8, 1994 for details. Source: Department of Commerce, Bureau of the Census.