Private Nonagricultural Sector ex Housing /1
    Productivity: Output per hour of all persons, by industry /2


          Product  Income
           Based   Based
          -------  ------
    1977    24.67   24.28
    1978    24.70   24.34
    1979    24.61   24.12
    1980    24.54   24.10
    1981    24.65   24.42
    1982    24.20   24.20
    1983    25.28   24.80
    1984    25.66   25.58
    1985    26.04   25.99
    1986    26.61   26.35
    1987    26.34   26.46
    1988    26.92   27.25
    1989    27.08   27.01
    1990    27.18   27.08
    1991    27.27   27.22
    1992    28.01   27.76
    1993    28.06   27.76
    1994    28.38   28.22

    /1 Chained 1992 dollar income in the nonagricultural private sector is
    constructed by aggregating gross product originating in mining;
    construction; manufacturing; transportation and public utilities;
    wholesale trade; retail trade; finance, insurance, and real estate;
    and services.  Output in the nonagricultural private sector is equal
    to income plus the statistical discrepancy in chained 1992 dollars.

    /2 Output is chained 1992 dollar gross product originating by industry
    published by the Bureau of Economic Analysis (BEA) in Table 14 (page 154) of
    the August 1996.  Hours of all persons are constructed by assuming that
    self-employed workers work the same number of hours annually as full-time
    employees.  Annual hours of full-time employees are constructed by dividing
    hours worked by full-time and part-time employees by the number of
    full-time-equivalent employees.  Self-employed workers are constructed by
    subtracting full-time-equivalent employees from persons engaged in
    production.  See Tables 6.5c, 6.8c, 6.9c in the National Income and Product
    Accounts.  Data for 1987 to 1994 are reported using 1987 SIC definitions;
    data for 1977 to 1986 are reported using 1972 SIC definitions.  Productivity
    levels in the earlier period are adjusted by setting the 1987 levels of
    productivity equal for the two definitions.  Where the two sets of SIC codes
    were not comparable, we followed BEAs instructions and merged series.  These
    are indicated by footnotes.  Finally, there are some series breaks for the
    number of self-employed workers in the two-digit industries between 1991 and
    1992.