All
industries| Millions of dollars | Percent | ||||||||
| 1989 | 1995 | 1996 | U.S.-parent share of gross product of all private U.S. businesses | ||||||
| Gross product of U.S. parents | Gross product of all private U.S. businesses/1/ | Gross product of U.S. parents | Gross product of all private U.S. businesses/1/ | Gross product of U.S. parents | Gross product of all private U.S. businesses/1/ | 1989 | 1995 | 1996 | |
| All
industries |
1,044,884 | 4,056,084 | 1,365,470 | 5,444,494 | 1,466,999 | 5,736,898 | 26 | 25 | 26 |
| Manufacturing | 671,911 | 1,074,173 | 815,435 | 1,345,445 | 855,170 | 1,404,047 | 63 | 61 | 61 |
| Services | 57,524 | 952,060 | 98,714 | 1,423,153 | 115,710 | 1,522,462 | 6 | 7 | 8 |
| All other industries | 315,449 | 2,029,851 | 451,321 | 2,675,896 | 496,119 | 2,810,389 | 16 | 17 | 18 |
1. For improved comparability with U.S.-parent gross product, gross product of all private U.S. businesses was adjusted to remove categories not applicable to nonbank U.S. parents—specifically, gross product of depository institutions; housing product of owner-occupied farm housing (part of farm product); nonfarm housing product (part of real estate product); and business transfer payments.
NOTE.—In this table, petroleum is not shown as a separate major industry. Instead, in order to be consistent with the all-U.S. data on gross product originating by industry, U.S. parent gross product in the various petroleum subindustries is distributed among the other major industries. Thus, manufacturing includes petroleum and coal products; "all other industries" includes petroleum wholesale trade, gasoline service stations, petroleum tanker operations, pipelines, and storage; and services includes oil and gas field services. A significant portion of U.S.-parent gross product in petroleum and coal products is accounted for by integrated petroleum companies that have, in addition to their manufacturing activities, significant petroleum extraction activities; because the extraction activities cannot be identified separately in the U.S.-parent data, and to improve comparability between the estimates for U.S. parents and those for all U.S. businesses, they are included in manufacturing. For consistency, gross product estimates for the "oil and gas extraction without refining" industry are also included in manufacturing rather than in "all other industries," which includes mining.
