ARCHIVE - dated material. Trends Tables: Farm Machinery and Equipment (SIC 3523) (in millions of dollars except as noted) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Percent Change (1989-1998) Compound ITEM ----------------------------------------------------- Rate, 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 89-90 90-91 91-92 92-93 93-94 94-95 95-96 96-97 97-98 89-97 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Industry Data Value of shipments (1) 6,880 8,773 10,508 11,682 10,522 9,620 11,190 12,759 13,757 14,469 _ _ 11.2 -9.9 -8.6 16.3 14.0 7.8 5.2 _ _ _ Value of shipments (1992$) 8,084 10,154 11,637 12,480 10,870 9,620 10,938 12,163 12,773 13,070 _ _ 7.2 -12.9 -11.5 13.7 11.2 5.0 2.3 _ _ _ Total employment (000) 57.0 62.4 67.8 69.6 65.1 61.5 63.5 66.5 65.7 66.6 _ _ 2.7 -6.5 -5.5 3.3 4.7 -1.2 1.4 _ _ _ Production workers (000) 39.1 43.6 48.9 49.9 45.4 42.6 45.8 47.7 48.3 48.5 _ _ 2.0 -9.0 -6.2 7.5 4.1 1.3 0.4 _ _ _ Average hourly earnings ($) 11.20 11.42 11.98 12.41 12.80 13.18 13.18 13.60 14.37 14.24 _ _ 3.6 3.1 3.0 -0.0 3.2 5.6 -0.9 _ _ _ Capital expenditures 200 183 190 222 220 196 229 260 290 294 _ _ 17.2 -0.9 -10.9 16.5 13.6 11.6 1.5 _ _ _ Product Data Value of shipments (2) 6,385 7,902 9,578 10,871 9,724 8,940 10,340 11,911 12,599 13,191 _ _ 13.5 -10.6 -8.1 15.7 15.2 5.8 4.7 _ _ _ Value of shipments (1992$) 7,503 9,146 10,606 11,615 10,045 8,940 10,108 11,355 11,698 11,916 _ _ 9.5 -13.5 -11.0 13.1 12.3 3.0 1.9 _ _ _ Trade Data Value of imports _ _ 2,176 2,398 1,885 1,935 2,057 2,745 2,837 2,798 3,146 3,352 10.2 -21.4 2.7 6.3 33.4 3.4 -1.4 12.4 6.5 4.7 Value of exports _ _ 2,276 2,367 2,194 2,241 2,525 2,723 3,174 3,696 4,510 4,198 4.0 -7.3 2.1 12.7 7.8 16.6 16.4 22.0 -6.9 8.9 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- (1) Value of all products and services sold by establishments in the farm machinery and equipment industry. (2) Value of products classified in the farm machinery and equipment industry produced by all industries. SOURCE: U.S. Department of Commerce: Bureau of the Census; International Trade Administration.