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Finance and Economics Discussion Series: Data for paper 2011-03 ♣

Estimating Machinery Supply Elasticities Using Output Price Booms

Jesse Edgerton

Figure 3 Panel A: Houses - Recent Output Price Booms

Case-Shiller National House Price Index Single-Family Residential Construction Spending Year Quarter
0.0942013   1988 1
0.1106138   1988 2
0.1204329   1988 3
0.1301889   1988 4
0.1417992   1989 1
0.1466639   1989 2
0.1493399   1989 3
0.1512232   1989 4
0.1490593   1990 1
0.1379409   1990 2
0.1219249   1990 3
0.10519   1990 4
0.0848858   1991 1
0.0803173   1991 2
0.0772033   1991 3
0.0704579   1991 4
0.0613074   1992 1
0.0546916   1992 2
0.0446084   1992 3
0.0361249   1992 4
0.0279083 -0.033968 1993 1
0.0191579 -0.0244427 1993 2
0.0177073 -0.0010109 1993 3
0.0162022 0.0482168 1993 4
0.018934 0.0699739 1994 1
0.0172904 0.103694 1994 2
0.0102086 0.0765448 1994 3
0.0064554 0.0460129 1994 4
0 5.33E-15 1995 1
-0.0026495 -0.0760231 1995 2
-0.0047081 -0.0742168 1995 3
-0.0085657 -0.0507135 1995 4
-0.0119495 -0.0383129 1996 1
-0.0149922 -0.0054712 1996 2
-0.0174527 -0.0029831 1996 3
-0.0233853 -0.0345259 1996 4
-0.0200675 -0.0567493 1997 1
-0.0206182 -0.0646467 1997 2
-0.020999 -0.0704288 1997 3
-0.0156741 -0.0637436 1997 4
-0.0091586 -0.0560551 1998 1
-0.0003707 -0.0291138 1998 2
0.0090044 0.0081587 1998 3
0.016844 0.034462 1998 4
0.0269985 0.0395279 1999 1
0.0349975 0.0318766 1999 2
0.0476022 0.0283966 1999 3
0.0599582 0.0489912 1999 4
0.073859 0.0665188 2000 1
0.0909331 0.0413504 2000 2
0.1037621 -0.0010147 2000 3
0.1171474 -0.0154409 2000 4
0.1268735 -0.0073185 2001 1
0.1383092 0.0046291 2001 2
0.1510837 0.0117722 2001 3
0.1556952 -0.0197077 2001 4
0.1678133 -0.0267868 2002 1
0.184515 -0.0073738 2002 2
0.2038522 -0.0107231 2002 3
0.2209404 0.0062466 2002 4
0.2325113 0.0377645 2003 1
0.2424781 0.0327082 2003 2
0.2614379 0.0748482 2003 3
0.2867584 0.1427851 2003 4
0.3109479 0.1594124 2004 1
0.3378208 0.1968651 2004 2
0.361304 0.2131586 2004 3
0.3872716 0.2106695 2004 4
0.4219098 0.2325535 2005 1
0.4468808 0.2483368 2005 2
0.4684358 0.2715454 2005 3
0.4884503 0.2933006 2005 4
0.4969966 0.2945738 2006 1
0.4837973 0.2113657 2006 2
0.4578915 0.1068716 2006 3
0.4498124 -0.0011187 2006 4
0.4436593 -0.0909653 2007 1
0.4118474 -0.157464 2007 2
0.3760192 -0.2594805 2007 3
0.3262432 -0.4173784 2007 4
0.2623067 -0.5906572 2008 1
0.215219 -0.6984062 2008 2
0.1592984 -0.8661966 2008 3
0.0878055 -1.062233 2008 4
0.0193098 -1.341227 2009 1
0.0220802 -1.533782 2009 2
0.0329375 -1.4526 2009 3
0.0278087 -1.417871 2009 4
0.0076184 -1.39445 2010 1
0.0215862 -1.378949 2010 2
  -1.466461 2010 3
Return to Figure 3 Panel A

Figure 3 Panel B: Farm - Products Recent Output Price Booms

Farm Product PPI Year Quarter
-0.1022892 1988 1
-0.0518022 1988 2
0.017817 1988 3
0.0120978 1988 4
0.0401702 1989 1
0.0453 1989 2
0.0162292 1989 3
0.0190282 1989 4
0.0725255 1990 1
0.0583601 1990 2
0.0412641 1990 3
0.0146422 1990 4
0.0106759 1991 1
0.0291138 1991 2
-0.0242524 1991 3
-0.0486569 1991 4
-0.0118022 1992 1
-0.0137095 1992 2
-0.0363064 1992 3
-0.0288467 1992 4
-0.0054307 1993 1
0.0267801 1993 2
0.0072241 1993 3
0.0363827 1993 4
0.0671601 1994 1
0.0392385 1994 2
-0.0300293 1994 3
-0.0267892 1994 4
0 1995 1
-0.0051227 1995 2
0.0289836 1995 3
0.0908108 1995 4
0.1220336 1996 1
0.1968493 1996 2
0.2091336 1996 3
0.1269937 1996 4
0.0974793 1997 1
0.1089311 1997 2
0.0763741 1997 3
0.0719485 1997 4
0.0355062 1998 1
0.0305123 1998 2
0.0059857 1998 3
-0.0024667 1998 4
-0.0249314 1999 1
-0.0384464 1999 2
-0.0432854 1999 3
-0.0464487 1999 4
-0.0390325 2000 1
0.0002856 2000 2
-0.0505257 2000 3
0.0021811 2000 4
0.0363307 2001 1
0.0480146 2001 2
0.0401487 2001 3
-0.0263705 2001 4
0.0115018 2002 1
-0.0513039 2002 2
-0.0147815 2002 3
-0.0138421 2002 4
0.0379353 2003 1
0.0688291 2003 2
0.0961509 2003 3
0.216486 2003 4
0.2028818 2004 1
0.2764335 2004 2
0.1922636 2004 3
0.1754251 2004 4
0.1873298 2005 1
0.1916614 2005 2
0.1564965 2005 3
0.1768637 2005 4
0.1378226 2006 1
0.1231027 2006 2
0.1806893 2006 3
0.2379465 2006 4
0.3174767 2007 1
0.3683414 2007 2
0.380826 2007 3
0.4455366 2007 4
0.5291986 2008 1
0.5589685 2008 2
0.5403433 2008 3
0.3677392 2008 4
0.3142629 2009 1
0.3569407 2009 2
0.2881422 2009 3
0.3437696 2009 4
0.4039755 2010 1
0.4180398 2010 2
0.4361897 2010 3
Return to Figure 3 Panel B

Figure 3 Panel C: Oil - Recent Output Price Booms

West Texas Intermediate Crude Oil Price Year Quarter
0.0354772 1988 1
0.0636742 1988 2
-0.071681 1988 3
-0.1086154 1988 4
0.1136262 1989 1
0.2092559 1989 2
0.1492665 1989 3
0.1987162 1989 4
0.2605827 1990 1
0.0619068 1990 2
0.4498041 1990 3
0.6301312 1990 4
0.2444835 1991 1
0.1915267 1991 2
0.2294941 1991 3
0.2286532 1991 4
0.0848184 1992 1
0.1938031 1992 2
0.2118068 1992 3
0.1506531 1992 4
0.113589 1993 1
0.1057181 1993 2
-0.0035479 1993 3
-0.0870392 1993 4
-0.195991 1994 1
-0.0181642 1994 2
0.016685 1994 3
-0.0345128 1994 4
-4.44E-16 1995 1
0.0474596 1995 2
-0.0371404 1995 3
-0.0247707 1995 4
0.0555501 1996 1
0.1467023 1996 2
0.1723499 1996 3
0.2630808 1996 4
0.1791546 1997 1
0.0394752 1997 2
0.028569 1997 3
0.0307875 1997 4
-0.1970379 1998 1
-0.2854344 1998 2
-0.3262823 1998 3
-0.4244263 1998 4
-0.4151641 1999 1
-0.1170588 1999 2
0.0860498 1999 3
0.202776 1999 4
0.3594961 2000 1
0.3532903 2000 2
0.4419897 2000 3
0.4490194 2000 4
0.3401091 2001 1
0.3028698 2001 2
0.2510438 2001 3
-0.0186722 2001 4
0.0341058 2002 1
0.2247987 2002 2
0.2956703 2002 3
0.2858443 2002 4
0.4724505 2003 1
0.3066936 2003 2
0.3417673 2003 3
0.3685315 2003 4
0.4865463 2004 1
0.5660622 2004 2
0.6967568 2004 3
0.7879758 2004 4
0.8112988 2005 1
0.8731215 2005 2
1.040962 2005 3
0.9868007 2005 4
1.03621 2006 1
1.138985 2006 2
1.13293 2006 3
0.9691453 2006 4
0.9293034 2007 1
1.038227 2007 2
1.18364 2007 3
1.363263 2007 4
1.435055 2008 1
1.665923 2008 2
1.612142 2008 3
0.9027529 2008 4
0.5924158 2009 1
0.9142978 2009 2
1.045453 2009 3
1.149874 2009 4
1.179199 2010 1
1.164418 2010 2
1.137013 2010 3
1.220806    
Return to Figure 3 Panel C

Figure 4 Panel A: Construction Machinery - Machinery Prices and Quantities

Price Index Real Investment Quarter
-0.0471604 0.0913837 1988q1
-0.0452754 0.019744 1988q2
-0.0555468 0.0597066 1988q3
-0.0476596 0.0637162 1988q4
-0.0373166 0.2309265 1989q1
-0.0390739 0.1843879 1989q2
-0.0352588 0.2414743 1989q3
-0.0324471 0.2833024 1989q4
-0.0206487 0.2945538 1990q1
-0.0194621 0.2169402 1990q2
-0.009686 0.1460661 1990q3
-0.005646 0.0927807 1990q4
-0.0091088 -0.1009291 1991q1
-0.0111656 -0.2743022 1991q2
-0.0095572 -0.342551 1991q3
-0.0075061 -0.4078823 1991q4
-0.0125859 -0.4548186 1992q1
-0.0114188 -0.3736291 1992q2
-0.0034518 -0.2850382 1992q3
-0.0036423 -0.2578917 1992q4
0.0006006 -0.1689254 1993q1
-0.0046525 -0.149767 1993q2
-0.0092118 -0.1462927 1993q3
-0.0093262 -0.0984993 1993q4
-0.003653 -0.1040782 1994q1
-0.0046644 -0.1049947 1994q2
-0.0049584 -0.0408419 1994q3
-0.0048325 -0.0201824 1994q4
-4.44E-16 2.22E-16 1995q1
0.0036755 -0.0232898 1995q2
0.0026858 -0.0118276 1995q3
0.0009491 0.0005431 1995q4
5.29e-05 0.0384192 1996q1
0.0003195 0.0488176 1996q2
1.65e-05 0.0763444 1996q3
-0.0009072 0.0932382 1996q4
-0.0016642 0.0524271 1997q1
-0.0040655 0.0570424 1997q2
-0.0080478 0.1031972 1997q3
-0.0081871 0.1353484 1997q4
-0.0090985 0.1283218 1998q1
-0.0112236 0.1290932 1998q2
-0.0110228 0.218482 1998q3
-0.0128479 0.1889488 1998q4
-0.0094485 0.168352 1999q1
-0.0066926 0.118279 1999q2
-0.0095856 0.1179628 1999q3
-0.0118923 0.1348177 1999q4
-0.014266 0.1677305 2000q1
-0.0177071 0.1712438 2000q2
-0.0198324 0.051769 2000q3
-0.0228209 0.02754 2000q4
-0.028492 0.0242437 2001q1
-0.033211 -0.066229 2001q2
-0.0359776 -0.0667087 2001q3
-0.0365667 -0.1085131 2001q4
-0.0431814 -0.1548166 2002q1
-0.0452011 -0.131904 2002q2
-0.0477793 -0.1901139 2002q3
-0.0500731 -0.2056708 2002q4
-0.0481713 -0.2281978 2003q1
-0.0503829 -0.1792697 2003q2
-0.0558047 -0.1053215 2003q3
-0.0553322 -0.1376144 2003q4
-0.05428 -0.0910101 2004q1
-0.0486848 -0.123246 2004q2
-0.0404463 -0.0665404 2004q3
-0.0407658 0.0358776 2004q4
-0.0359528 0.0460396 2005q1
-0.0286591 0.1020072 2005q2
-0.020319 0.1426749 2005q3
-0.0172138 0.1891996 2005q4
-0.0105345 0.2185363 2006q1
-0.0107839 0.201612 2006q2
-0.0096121 0.1807749 2006q3
-0.0089917 0.2220439 2006q4
-0.0082958 0.0375224 2007q1
-0.0096576 0.1192504 2007q2
-0.0119305 0.2198532 2007q3
-0.0083821 0.1213431 2007q4
-0.00647 0.0617436 2008q1
-0.0020471 -0.0417598 2008q2
0.0065818 -0.0983136 2008q3
0.0141022 -0.1990695 2008q4
0.0162232 -0.4850452 2009q1
0.0130424 -0.7268788 2009q2
0.0084119 -0.7386308 2009q3
0.0017984 -0.8046689 2009q4
-0.010216 -0.673538 2010q1
-0.0137143 -0.5300388 2010q2
    2010q3
    2010q4
Return to Figure 4 Panel A

Figure 4 Panel B: Farm Machinery - Machinery Prices and Quantities

Price Index Real Investment Quarter
-0.071331 -0.1887159 1988q1
-0.0725873 -0.1369154 1988q2
-0.0819402 -0.1065564 1988q3
-0.0632174 -0.0842628 1988q4
-0.0595737 -0.0781724 1989q1
-0.0556781 -0.0033193 1989q2
-0.0506101 0.0838537 1989q3
-0.0475204 0.1010234 1989q4
-0.0435753 0.0670569 1990q1
-0.0465457 0.0738311 1990q2
-0.038568 0.1297619 1990q3
-0.030236 0.1745989 1990q4
-0.0233827 -0.0548165 1991q1
-0.0229118 -0.0614262 1991q2
-0.0211854 -0.1492167 1991q3
-0.0153601 -0.1722231 1991q4
-0.0044341 -0.1570871 1992q1
-0.0028999 -0.3049138 1992q2
-0.0006104 -0.3345203 1992q3
0.0002406 -0.2907991 1992q4
-0.0034003 -0.1983786 1993q1
-0.0010054 -0.1112432 1993q2
-0.0024371 -0.1582074 1993q3
-0.0002081 -0.1276438 1993q4
0.0024796 -0.0729728 1994q1
0.00228 -0.0552332 1994q2
0.003087 -0.0538425 1994q3
0.0027916 -0.0488784 1994q4
0 4.44E-16 1995q1
0.0025537 -0.0351644 1995q2
0.0035944 -0.0687485 1995q3
0.0063994 -0.0941229 1995q4
0.0081663 -0.0461307 1996q1
0.0046012 -0.0805113 1996q2
0.0024314 -0.0543685 1996q3
0.0009477 -0.0948555 1996q4
-0.0012336 -0.1331265 1997q1
-0.0079205 0.0295243 1997q2
-0.0118184 0.1708016 1997q3
-0.0120537 0.132504 1997q4
-0.0170417 0.1764488 1998q1
-0.0212028 0.1815717 1998q2
-0.0217824 0.0508907 1998q3
-0.0215781 -0.0868173 1998q4
-0.0222077 -0.1203597 1999q1
-0.0227363 -0.2298813 1999q2
-0.0264974 -0.3400438 1999q3
-0.0289834 -0.2654212 1999q4
-0.0325727 -0.1243052 2000q1
-0.0380876 -0.0889432 2000q2
-0.0423279 -0.1551404 2000q3
-0.0475967 -0.2253454 2000q4
-0.0476537 -0.1724391 2001q1
-0.0499289 -0.1271138 2001q2
-0.0544467 -0.0456703 2001q3
-0.0541241 -0.0470293 2001q4
-0.0569458 -0.050431 2002q1
-0.0602009 -0.0374296 2002q2
-0.0623364 0.0760415 2002q3
-0.0658214 0.1249731 2002q4
-0.0657077 0.1239188 2003q1
-0.0677702 0.0637872 2003q2
-0.0648327 0.0858345 2003q3
-0.0655701 0.1147041 2003q4
-0.0607138 0.1272326 2004q1
-0.05846 0.1462946 2004q2
-0.0562444 0.2153027 2004q3
-0.0500133 0.232543 2004q4
-0.0364261 0.200613 2005q1
-0.0361569 0.2608445 2005q2
-0.0379539 0.2483556 2005q3
-0.0394256 0.1854331 2005q4
-0.0363007 0.1847186 2006q1
-0.0339816 0.1751683 2006q2
-0.032469 0.1135151 2006q3
-0.0312552 0.1017232 2006q4
-0.0256393 0.0821943 2007q1
-0.0275412 0.1294174 2007q2
-0.0300615 0.1019001 2007q3
-0.018075 0.2274997 2007q4
-0.0122092 0.1281569 2008q1
-0.0015898 0.2048664 2008q2
0.0140083 0.37608 2008q3
0.020906 0.2629108 2008q4
0.023618 0.2315896 2009q1
0.0175142 0.0921357 2009q2
0.0187929 0.029043 2009q3
0.015759 0.007515 2009q4
0.0100319 0.0663967 2010q1
0.0046844 0.1779373 2010q2
    2010q3
    2010q4
Return to Figure 4 Panel B

Figure 4 Panel C: Mining and Oilfield Machinery - Machinery Prices and Quantities

Price Index Real Investment Quarter
-0.0289145 0.2381388 1988q1
-0.0287828 0.3913362 1988q2
-0.0346966 0.3869462 1988q3
-0.0221705 0.1066816 1988q4
-0.0198147 0.1597178 1989q1
-0.0202134 0.3854795 1989q2
-0.0142844 0.3623439 1989q3
-0.014533 0.4902593 1989q4
-0.0088735 0.1702067 1990q1
-0.0017805 0.1512977 1990q2
0.0056636 0.175054 1990q3
0.0113728 0.2201327 1990q4
0.0187166 0.1744491 1991q1
0.0181563 -0.062308 1991q2
0.0185561 -0.5795436 1991q3
0.0184302 -0.1832961 1991q4
0.0072355 -1.245887 1992q1
0.0025127 -1.029251 1992q2
0.011925 -0.1718156 1992q3
0.0119503 0.2732708 1992q4
0.0043142 0.4625149 1993q1
-0.0025101 0.3513501 1993q2
-0.0043211 0.1024206 1993q3
-0.0067201 -0.0778999 1993q4
-0.0032132 0.1953216 1994q1
-0.0054257 0.1615781 1994q2
-0.0066955 -0.0246674 1994q3
-0.0029924 0.100374 1994q4
4.44E-16 4.44E-16 1995q1
2.24e-05 0.0031899 1995q2
0.0063643 -0.0127792 1995q3
0.0109546 0.0873885 1995q4
0.0049174 0.0675216 1996q1
0.0058429 0.0515637 1996q2
0.0104547 -0.0268052 1996q3
0.006887 -0.202122 1996q4
0.0134578 0.2250981 1997q1
0.0179768 0.1333281 1997q2
0.0180771 0.1290247 1997q3
0.0203578 0.0945976 1997q4
0.0155275 -0.0979059 1998q1
0.0112724 0.1141242 1998q2
0.007566 0.1792678 1998q3
0.0023866 0.0153869 1998q4
-0.0001078 0.2362496 1999q1
-0.0021284 0.3465554 1999q2
-0.0066597 0.4493183 1999q3
-0.0113986 0.366058 1999q4
-0.0124578 0.3656671 2000q1
-0.0149212 0.2679812 2000q2
-0.0177326 0.1950949 2000q3
-0.0186944 0.2124343 2000q4
-0.0082219 0.2983875 2001q1
-0.0075567 0.2640542 2001q2
-0.008323 0.3359468 2001q3
-0.0088177 0.3164536 2001q4
-0.0134716 -0.0346954 2002q1
-0.0169573 -0.0038342 2002q2
-0.0197289 -0.1725388 2002q3
-0.0223291 -0.7703731 2002q4
-0.0213611 -0.133105 2003q1
-0.0240414 -0.1846521 2003q2
-0.0236592 -0.0290782 2003q3
-0.0233293 -0.0740175 2003q4
-0.0195727 -0.1068131 2004q1
-0.0091341 0.0360541 2004q2
0.0006864 0.0013729 2004q3
0.0132287 -0.1340079 2004q4
0.0282981 -0.0653584 2005q1
0.0407205 0.2690494 2005q2
0.0457134 0.2033021 2005q3
0.0626497 0.2139008 2005q4
0.0696633 0.4088644 2006q1
0.0757782 0.4658579 2006q2
0.0863516 0.526523 2006q3
0.0939872 0.4924941 2006q4
0.1012034 0.6137373 2007q1
0.1029677 0.779628 2007q2
0.108182 0.6585822 2007q3
0.1076839 0.6285505 2007q4
0.1220095 0.5593289 2008q1
0.1498425 0.624303 2008q2
0.1720057 0.6262273 2008q3
0.1848826 0.5288457 2008q4
0.1780057 0.4605806 2009q1
0.1610274 0.2302141 2009q2
0.1461966 0.1395214 2009q3
0.1405289 0.1567287 2009q4
0.1366909 0.2277817 2010q1
0.135426 0.0503129 2010q2
    2010q3
    2010q4
Return to Figure 4 Panel C

Figure 5 Panel A: Construction Machinery - Recent Output Price Booms Tracing out Machinery Supply Curves

Price Quantity
-0.0431814 -0.1548166
-0.0452011 -0.131904
-0.0477793 -0.1901139
-0.0500731 -0.2056708
-0.0481713 -0.2281978
-0.0503829 -0.1792697
-0.0558047 -0.1053215
-0.0553322 -0.1376144
-0.05428 -0.0910101
-0.0486848 -0.123246
-0.0404463 -0.0665404
-0.0407658 0.0358776
-0.0359528 0.0460396
-0.0286591 0.1020072
-0.020319 0.1426749
-0.0172138 0.1891996
-0.0105345 0.2185363
Return to Figure 5 Panel A

Figure 5 Panel B: Farm Machinery - Recent Output Price Booms Tracing out Machinery Supply Curves

Price Quantity
-0.0541241 -0.0470293
-0.0569458 -0.050431
-0.0602009 -0.0374296
-0.0623364 0.0760415
-0.0658214 0.1249731
-0.0657077 0.1239188
-0.0677702 0.0637872
-0.0648327 0.0858345
-0.0655701 0.1147041
-0.0607138 0.1272326
-0.05846 0.1462946
-0.0562444 0.2153027
-0.0500133 0.232543
-0.0364261 0.200613
-0.0361569 0.2608445
-0.0379539 0.2483556
-0.0394256 0.1854331
-0.0363007 0.1847186
-0.0339816 0.1751683
-0.032469 0.1135151
-0.0312552 0.1017232
-0.0256393 0.0821943
-0.0275412 0.1294174
-0.0300615 0.1019001
-0.018075 0.2274997
-0.0122092 0.1281569
-0.0015898 0.2048664
0.0140083 0.37608
Return to Figure 5 Panel B

Figure 5 Panel C: Mining and Oilfield Machinery - Recent Output Price Booms Tracing out Machinery Supply Curves

Price Quantity
-0.0088177 0.3164536
-0.0134716 -0.0346954
-0.0169573 -0.0038342
-0.0197289 -0.1725388
-0.0223291 -0.7703731
-0.0213611 -0.133105
-0.0240414 -0.1846521
-0.0236592 -0.0290782
-0.0233293 -0.0740175
-0.0195727 -0.1068131
-0.0091341 0.0360541
0.0006864 0.0013729
0.0132287 -0.1340079
0.0282981 -0.0653584
0.0407205 0.2690494
0.0457134 0.2033021
0.0626497 0.2139008
0.0696633 0.4088644
0.0757782 0.4658579
0.0863516 0.526523
0.0939872 0.4924941
0.1012034 0.6137373
0.1029677 0.779628
0.108182 0.6585822
0.1076839 0.6285505
0.1220095 0.5593289
0.1498425 0.624303
0.1720057 0.6262273
Return to Figure 5 Panel C

Figure 6: Imports as Share of Machinery Investment

Share Quarter
0.1045333 1978q1
0.1124333 1978q2
0.1176 1978q3
0.1214 1978q4
0.1209333 1979q1
0.1208667 1979q2
0.1182 1979q3
0.1360667 1979q4
0.1264333 1980q1
0.1353 1980q2
0.1180667 1980q3
0.1160667 1980q4
0.1225667 1981q1
0.1231 1981q2
0.1186667 1981q3
0.1282 1981q4
0.1177 1982q1
0.1251 1982q2
0.1255 1982q3
0.121 1982q4
0.1255333 1983q1
0.1245333 1983q2
0.1335667 1983q3
0.1417333 1983q4
0.1447667 1984q1
0.1579667 1984q2
0.1931333 1984q3
0.1731 1984q4
0.1864 1985q1
0.1926 1985q2
0.2027333 1985q3
0.2014 1985q4
0.206 1986q1
0.2088667 1986q2
0.2272333 1986q3
0.2288 1986q4
0.2257 1987q1
0.2246667 1987q2
0.2164333 1987q3
0.2440667 1987q4
0.2344334 1988q1
0.2282667 1988q2
0.2252333 1988q3
0.2282333 1988q4
0.2317 1989q1
0.2284667 1989q2
0.2107333 1989q3
0.2103 1989q4
0.2189667 1990q1
0.2254333 1990q2
0.2287667 1990q3
0.2072 1990q4
0.2160667 1991q1
0.1997333 1991q2
0.1883 1991q3
0.2027333 1991q4
0.2115333 1992q1
0.2192667 1992q2
0.2514667 1992q3
0.2266667 1992q4
0.2117333 1993q1
0.2107 1993q2
0.2483667 1993q3
0.2314333 1993q4
0.2478667 1994q1
0.2410333 1994q2
0.2493333 1994q3
0.2385333 1994q4
0.2539333 1995q1
0.2579667 1995q2
0.2407333 1995q3
0.2212667 1995q4
0.2450333 1996q1
0.2374 1996q2
0.2385333 1996q3
0.2319333 1996q4
0.2241333 1997q1
0.2330333 1997q2
0.2181 1997q3
0.2301 1997q4
0.2227333 1998q1
0.2176667 1998q2
0.238 1998q3
0.2534 1998q4
0.2492667 1999q1
0.2591 1999q2
0.2510333 1999q3
0.2491 1999q4
0.2441667 2000q1
0.2449667 2000q2
0.257 2000q3
0.2444333 2000q4
0.2438333 2001q1
0.2534333 2001q2
0.2358333 2001q3
0.2479 2001q4
0.2552333 2002q1
0.2565333 2002q2
0.2650333 2002q3
0.2549 2002q4
0.2576333 2003q1
0.2681 2003q2
0.2770667 2003q3
0.295 2003q4
0.3124333 2004q1
0.3243667 2004q2
0.3203667 2004q3
0.3232 2004q4
0.3432667 2005q1
0.346 2005q2
0.3376 2005q3
0.3414333 2005q4
0.3396 2006q1
0.3477 2006q2
0.3576 2006q3
0.3512667 2006q4
0.363 2007q1
0.3187333 2007q2
0.3193 2007q3
0.3206667 2007q4
0.3419333 2008q1
0.3492666 2008q2
0.3380667 2008q3
0.3376667 2008q4
0.3030667 2009q1
0.2720667 2009q2
0.2717333 2009q3
0.2677 2009q4
0.2623667 2010q1
0.298 2010q2
0.3199 2010q3
  2010q4
Return to Figure 6
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Last update: January 21, 2011