Table 1.—Selected Data on Newly Acquired or Established U.S. Businesses and on Nonbank U.S. Affiliates, 1977-95

Newly acquired or established U.S. businesses All nonbank U.S. affiliates Addendum: Employment by newly acquired or established U.S. businesses as a percent of employment by all nonbank U.S. affiliates/3/
Outlays (millions of dollars) Employment/1/ (thousands of employees) Employment (thousands of employees) Gross product (millions of dollars) U.S. affiliate share of gross product originating in private industries/2/ (percent)
1977n.a. n.a.1,218.735,2222.3n.a.
1978n.a. n.a.1,429.942,9202.5n.a.
1979n.a. n.a.1,753.255,4242.9n.a.
198012,172292.52,033.970,9063.414.4
198123,219442.82,416.698,8284.218.3
198210,817233.82,448.1103,4894.39.6
19838,091 108.12,546.5111,4904.34.2
198415,197172.52,714.3128,7614.46.4
198523,106275.52,862.2134,8524.39.6
198639,177438.02,937.9142,1204.314.9
198740,310394.13,224.3157,8694.512.2
198872,692736.33,844.2190,3845.019.2
198971,163722.04,511.5223,4205.616.0
199065,932474.34,734.5239,2795.710.0
199125,538249.04,871.9257,6346.05.1
199215,333141.54,715.4266,3335.93.0
199326,229289.1/r/4,765.6/r/285,7386.06.1
1994/r/45,626/r/289.3/p/4,866.6/p/320,0606.25.9
1995/p/54,368/p/366.2n.a.n.a.n.a.n.a.

r Revised.

p Preliminary.

n.a. Not available.

1. See footnote 8 in text for more information.

2. For improved comparability with U.S. affiliate gross product, gross product originating in private industries was adjusted to exclude gross product originating in depository institutions and private households, imputed rental income from owner-occupied housing, and business transfer payments and subsidies.

3. Because the data on new affiliates include bank affiliates, the percentages shown in this column are biased upward. In all years, the bias is less than 1 percentage point; in most years, it is in the range of less than 0.3 percentage point.