Tables from " The American Business Cycle "
Presented here are the tables of quarterly data from Appendix B of "The American Business
Cycle: Continuity and Change" Edited by Robert J. Gordon. National Bureau of
Economic Research Studies in Business Cycles Volume 25, Univerisity of Chicago
Press 1986. For information about sources and methods please see that volume.
A feature of that volume is an extensive data appendix, compliled as a project
independent of the conference in collaboration with Nathan S. Balke. The unique
value of this data set is the fact that it is the only existing source for the
pre-1947 quarterly data, as NIPA quarterly data series do not otherwise exist
before 1947. These files include the components of GDP back from 1941 to 1919 and
the quarterly real GDP back to 1875.
Quarterly Data Downloads:
Monthly Data Downloads
The .dta file may be fetched from within Stata, e.g.:
use http://www.nber.org/data/abc/abcq.dta
Quarterly 1875 to 1983
| 1 | YEAR | 4-digit Year
| | 2 | QUARTER | Quarter
| | 3 | GNP | Nominal GNP
| | 4 | RGNP72 | Real GNP (1972 dollars)
| | 5 | GNPD72 | GNP Deflator (1972=100)
| | 6 | TRGNP | Trend Real GNP
| | 7 | CPRATE | Commercial Paper rate
| | 8 | CORPYIELD | Yield on Corporate Bonds
| | 9 | M1 | Money Supply M1
| | 10 | M2 | Money Supply M2
| | 11 | BASE | Money Supply Base
| | 12 | CSTOCK | Index of all Common Stocks
| | 13 | WPRICE67 | Index of wholesale prices
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Quarterly 1919-1941,1947-1983
| 1 | YEAR | 4-digit Year
| | 2 | QUARTER | Quarter
| | 3 | PRODURNO | Producers Durable Equipment, Nominal
| | 4 | PRODUR72 | Producers Durable Equipment, Real 1972$
| | 5 | PRODURDF | Producers Durable Equipment, Deflator
| | 6 | NONRESNO | Non-Residential Structures, Nominal
| | 7 | NONRES72 | Non-Residential Structures, Real 1972$
| | 8 | NONRESDF | Non-Residential Structures, Deflator
| | 9 | IRESNOM | Investment Residential Structures, Nominal
| | 10 | IRES72 | Investment Residential Structures, 1972$
| | 11 | IRESDEF | Investment Residential Structures, Deflator
| | 12 | DBUSINOM | Change Bus Inventories, Nominal
| | 13 | DBUSI72 | Change Bus Inventories, 1972$
| | 14 | CDURNOM | Consumption Durable Goods, Nominal
| | 15 | CDUR72 | Consumption Durable Goods, 1972$
| | 16 | CDURDEF | Consumption Durable Goods, Deflator
| | 17 | CNDURNOM | Nondurable Goods and Services, Nominal
| | 18 | CNDUR72 | Nondurable Goods and Services, 1972$
| | 19 | CNDURDEF | Nondurable Goods and Services, Deflator
| | 20 | XPTNOM | Exports, Nominal
| | 21 | XPT72 | Exports, 1972$
| | 22 | XPTDEF | Exports, Deflator
| | 23 | MPTNOM | Imports, Nominal
| | 24 | MPT72 | Imports, 1972$
| | 25 | MPTDEF | Imports, Deflator
| | 26 | GOVPURNO | Government Purchases, Nominal
| | 27 | GOVPUR72 | Government Purchases, 1972$
| | 28 | GOVPURDF | Government Purchases, Deflator
| | 29 | NCSPDE72 | Net Capital Stock Producers Durable Equipment, 1972$
| | 30 | NCSBS72 | Net Capital Stock Business Structures, 1972$
| | 31 | NCSCON72 | Net Capital Stock Consumer Durable, 1972$
| | 32 | CCSPDE72 | Cost Capital Services Producer Durables, 1972$
| | 33 | CCSBS72 | Cost Capital Services Business Structures, 1972$
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Monthly 1929-1942
| 1 | YEAR | 4-digit Year |
| 2 | MONTH | Month |
| 3 | PRDCTN29 | Total Manufacturing: Production 1929$ |
| 4 | SHPMNT29 | Total Manufacturing: Shipments 1929$ |
| 5 | INVTRY29 | Total Manufacturing: EOM Inventory 1929$ |
| 6 | PRDCTN | Total Manufacturing: Production |
| 7 | SHPMNT | Total Manufacturing: Shipments |
| 8 | INVTRY | Total Manufacturing: EOM Inventories |
Corrections to the Published Data
All the dollar amounts are given in both real and nominal amounts, and we have
checked for consistency. In one case (Nominal Shipments: October 1942) we have
here replaced the published number 18713.6 with a seemingly correct 28713.6. In
the case of GNP for 1898:4 there is a small (>1%) discrepancy, but no correction
is obvious.
The NBER also hosts the
Macrohistory Database with many more series collected by the NBER in its
founding days and through the 1960s.
Posted February 2008 by feenberg at nber dot org. Comments welcome
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