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Chapter Seven:

Chapter Seven:. The Structure of the United States Economy. The Primary Sector in the United States. Table 7.1 Value Added by Output Sector in the United States, 2011, billions of dollars. Source: U.S. Bureau of Economic Analysis, Survey of Current Business, 2011.

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Chapter Seven:

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  1. Chapter Seven: The Structure of the United States Economy

  2. The Primary Sector in the United States

  3. Table 7.1 Value Added by Output Sector in the United States, 2011, billions of dollars Source: U.S. Bureau of Economic Analysis, Survey of Current Business, 2011.

  4. Figure 7.1: The Allocation of a Dollar Spent on Food in the United States Farm & agribusiness Food processing Packaging Transportation Retail trade Food services Energy Finance & insurance Other 4.4¢ 4.0¢ 3.5¢ 6.8¢ 3.8¢ 11.6¢ 18.6¢ 13.6¢ 33.7¢ Source: Canning, Patrick, “A Revised and Expanded Food Dollar Series: A Better Understanding of Our Food Costs,” U.S. Department of Agriculture, Economic Research Report No. (ERR-114), February 2011.

  5. Figure 7.2: Energy Consumption in the United States, by Energy Source, 2012 Source: Monthly Energy Review, United States Energy Information Administration, February 25, 2013.

  6. The Secondary (Industrial) Sector in the United States

  7. Figure 7.3: Annual Number of Private Housing Starts in the United Sates, 1965-2012 Sources: Various editions of the Statistical Abstract of the United States; U.S. Census Bureau, “New Residential Construction in January 2013,” press release, February 20, 2013.

  8. Table 7.2: Manufacturing Industries in the United States, Production and Employment Sources: U.S. Bureau of Economic Analysis, Value Added by Industry database, November 13, 2012; U.S. Bureau of Labor Statistics, “Current Employment Statistics,” table B-1a, March 8, 2013.

  9. Figure 7.4: Total U.S. Manufacturing Employment an Manufacturing Employment as a Percentage of Total Employment, 1947-2010 Percent of All Employees in Manufacturing Manufacturing Employees (Millions) Source: Various editions of the Statistical Abstract of the United States.

  10. The Tertiary (Service Sector)

  11. Figure 7.5: Four-Firm Concentration Ratios in Retail Industries, 1992-2007 Source: Economic Census publications, United States Census Bureau

  12. Figure 7.6 Value Added in Finance, Insurance an Real Estate, as a Percentage of GDP Finance, insurance, and real estate Finance and insurance only Source: U.S. Bureau of Economic Analysis online database, GDP-by-industry

  13. Figure 7.7: U.S. Debt Ratios Relative to GDP, 1947-2012 Nonfinancial Business Households and Nonprofits Financial Business Source: Federal Reserve Flow of Funds, data download program

  14. Figure 7.8: Health Care Expenditures in the United States as a Percentage of GDP, 1960-2011 Total Expenditures: Out-of-Pocket, Private Insurance, and Public Out-of-Pocket and Private Insurance Out-of-Pocket Only Source: Various editions of the Statistical Abstract of the United States

  15. Appendix

  16. Figure 7.9: Classification of Private GDP in the United States, 2011 Secondary Sector (19.6%) Ownership Transactions (31.3%) Tertiary Sector (76.9%) Managing the System (28.2%) Private Social Services (12.9%) Primary Sector (3.5%) Entertainment (4.5%)

  17. Figure 7.10: Relative Shares of the United States Economic Production, by Output Sector, 1800-2011 Tertiary Secondary Primary Sources: Historical Statistics of the United States, 1789–1945, U.S. Census Bureau, 1949 (1800–1938); Historical Statistics of the United States, Bicentennial Edition, Colonial Times to 1970, U.S. Census Bureau, 1975 (1947–1968); various annual editions of the Statistical Abstract of the United States, U.S. Census Bureau (1969–2011)

  18. Table 7.3: Division of GDP by Output Sector, Selected Countries Source: World Bank, World Development Indicators database.

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