Last Modified 14 August 1998
Data in macrsp.por
was drawn from several sources. National Income and Product Accounts, constructed
by the Bureau of Economic Analysis in the United States Department of Commerce
is the source of most of the GDP, national income, and subcomponents variables.
The Bureau of Labor Statistics in the United States Department of Labor is the
source of information on the labor force, unemployment, and the consumer price
index.
All variables measured
in dollars are in current (i.e., nominal) dollars. The number of the variables
in the codebook differs from their order in the SPSS file.
| Name | Variable label |
| 1. POP |
Population, in thousands, 1929-1996 |
| 2. YEAR |
Year |
| 3. RECESS |
Recession, two or more quarters in the year (1= recession, 0 = no recession), 1929-1996 |
GDP and its
components
| 4. GDP |
Gross domestic product, billions of current dollars, 1929-1996 |
| 5. GNP |
Gross national product, billions of current dollars, 1929-1996 |
- Consumption
| 6. C |
Consumption expenditures, billions of current dollars, 1929-1996 |
| 7. C1A |
Consumption--durable goods, in billions of current dollars, 1929-1996 |
| 8. C1B |
Consumption--nondurable goods, billions of current dollars, 1929-1996 |
| 9. C2 |
Consumption--services, billions of current dollars, 1929-1996 |
- Investment
| 10. I |
Investment, billions of current dollars, 1929-1996 |
| 11. I1 |
Investment--total fixed investment, billions of current dollars, 1929-1996 |
| 12. I1A |
Investment--fixed, nonresidential, billions of current dollars, 1929-1996 |
| 13. I1AA |
Investment--fixed, nonresidential, structures, billions of current dollars, 1929-1996 |
| 14. I1AB |
Investment--fixed, nonresidential, equipment, billions of current dollars, 1929-1996 |
| 15. I1B |
Investment--fixed, residential, billions of current dollars, 1929-1996 |
| 16. I2 |
Investment, change in business inventories, billions of current dollars, 1929-1996 |
- Foreign trade
| 17. NX |
Net exports, billions of current dollars, 1929-1996 |
| 18. EX |
Exports (gross), billions of current dollars, 1929-1996 |
| 19. IM |
Imports, billions of current dollars, 1929-1996 |
- Government
purchases of goods and services
| 20. G |
Government spending on final goods and services, billions of dollars, 1929-1996 |
| 21. G1 |
Federal government spending on final goods and services, billions of dollars, 1929-1996 |
| 22. G2 |
State and local government spending on final goods and services, 1929-1996 |
Price indices
| 23. GDPDEF |
GDP deflator, 1992 = 100, 1929-1996 |
| 24. CPI |
Consumer price index, 1982-84 = 100, 1929-1996 |
| 25. PPI |
Producer price index, 1982 = 100, 1947-1996 |
Productivity
| 26. PROD1 |
Labor productivity (output per hour), nonfarm, index, 1992 = 100, 1947-1996 |
| 27. PROD2 |
Total factor productivity, 1987 = 100, 1948-1996 |
National income
and its components
| 28. NI |
National income, billions of current dollars, 1929-1996 |
- Wages, salaries
and employee benefits
| 29. NI1 |
Total compensation of employees, billions of current dollars, 1929-1996 |
| 30. NI1A |
Wage and salary compensation of employees, billions of current dollars, 1929-1996 |
| 31. NI1B |
Supplements (benefits) to wages and salaries, billions of current dollars, 1929-1996 |
- Proprietor's
income
| 32. NI2A |
Proprietor's income--farmers, billions of current dollars, 1929-1996 |
| 33. NI2B |
Proprietor's income--nonfarm, billions of current dollars, 1929-1996 |
- Rental income
| 34. NI3 |
Rental income to persons, billions of current dollars, 1929-1996 |
- Profits
| 35. NI4A |
Corporate profits before taxes, billions of current dollars, 1929-1996 |
| 36. NI4 |
Corporate profits after taxes, billions of current dollars, 1929-1996 |
- Interest income
| 37. NI5 |
Net interest payments to persons, billions of current dollar, 1929-1996 |
| 38. PI |
Personal income, billions of current dollars, 1929-1996 |
- Miscellaneous
subcomponents
| 39. DP1 |
Disposable personal income, billions of current dollars, 1929-1996 |
| 40. PS |
Personal savings, billions of current dollars, 1929-1996 |
| 41. PSP |
Personal savings as a percent of disposable personal income, 1929-1996 |
Labor force,
unemployment, and wages
- Aggregate
data
| 42. LF |
Labor force, in thousands, 1948-1996 |
| 43. U |
Unemployed persons, in thousands, 1948-1996 |
| 44. UR |
Unemployment rate, in percents, 1929-1996 |
| 45. AHE |
Average hourly earnings, current dollars, 1947-1996 |
| 46. AWH |
Average weekly hours, 1947-1996 |
| 47. WAI |
Wage index, average hourly, 1982 = 100, 1947-1994 |
| 48. WARI |
Wage index, average hourly real wges, 1982 = 100, 1947-1994 |
- Whites
| 49. WM20 |
Labor force participation, white men over 20, in percents, 1954-1996 |
| 50. WM20U |
Unemployment rate, white men over 20, 1954-1996 |
| 51. WW20 |
Labor force participation, white women over 20, in percents, 1954-1996 |
| 52. WW20U |
Unemployment rate, white women, over 20, in percents, 1954-1996 |
| 53. WT |
Labor force participation, white teens, in percents, 1954-1996 |
| 54. WTU |
Unemployment rate, white teens, in percents, 1954-1996 |
- Blacks
| 55. BM20 |
Labor force participation, black men over 20, in percents, 1972-1996 |
| 56. BM20U |
Unemployment rate, black men, over 20, in percents, 1972-1996 |
| 57. BW20 |
Labor force participation, black women over 20, in percents, 1972-1996 |
| 58. BW20U |
Unemployment rate, black women, over 20, in percents, 1972-1996 |
| 59. BT |
Labor force participation, black teens, in percents, 1972-1996 |
| 60. BTU |
Unemployment rate, black teens, in percents, 1972-1996 |
- Hispanics
| 61. HPR |
Labor force participation, hispanics (both sexes and all ages), 1973-1996 |
| 62. HU |
Unemployment rate, hispanics (both sexes, all ages 16+), in precents, 1973-1996 |
Money supply,
bank reserves, and interest rates
| 63. M1 |
M1 money supply, billions, 1947-1994 |
| 64. M2 |
M2 money supply, billions, 1947-1994 |
| 65. FBR |
Free bank reserves, billions, 1945-1994 |
| 66. INT90 |
Interest rate on 90 day Treasury bills, 1945-1994 |
| 67. INTPR |
Average prime interest rate charged by banks, 1945-1994 |
Production and
stock indices, International comparisons
| 68. IPI |
Index of industrial production, US, 1987 = 100, 1945-1994 |
| 69. IPIEUR |
Index of industrial production, Europe, 1987 = 100, 1953-1994 |
| 70. IPIJ |
Index of industrial production, Japan, 1987 = 100, 1948-1994 |
| 71. IPIUK |
Index of industrial production, UK, 1987 = 100, 1948-1994 |
| 72. IPIC |
Index of industrial production, Canada, 1987 = 100, 1946-1994 |
| 73. SIUS |
Stock market index, US, 1967 = 100, 1945-1994 |
| 74. SIJ |
Stock market index, Japan, 1967 = 100, 1948-1994 |
| 75. SIUK |
Stock market index, UK, 1967 = 100, 1946-1994 |
| 76. SIC |
Stock market index, Canada, 1967 = 100, 1947-1994 |
Federal finances
| 77. GDEF |
Federal government purchases for national defense, billions, 1946-1994 |
| 78. DEBT |
Federal debt as a percentage of GDP, 1929-1996 |
| 79. FEDREC |
Federal receipts, millions of dollars, 1929-1996 |
| 80. FEDEXP |
Federal outlays, millions of dollars, 1929-1996 |
| 81. TAXY |
Federal income tax receipts, millions of dollars, 1934-1996 |
| 82. TAXCORP |
Federal corporate tax receipts, millions of dollars, 1934-1996 |
| 83. TAXSS |
Federal tax receipts for social insurance, millions of dollars, 1934-1996 |
| 84. TAXEXCI |
Federal excise tax receipts, millions of dollars, 1934-1996 |
| 85. TAXOTHR |
Federal tax receipts other than variables 81.-84., millions of dollars, 1934-1996 |
