"c VAR 0072 02211 PVT CNST 889-955 MD= 1E-37 " "c REF 0072 LOC 628 WIDTH 9 DK 10 COL 71-79 " "c " "c " "c NET PRIVATE CONSTRUCTION, EXCLUDING NONFARM RESIDENTIAL, " "c KUZNETS (CURRENT DOLLARS) " "c -------------------------------------------------------- " "c " "c NBER SERIES: 02211 " "c AREA COVERED: U.S. (SEE NOTE) " "c UNITS: MILLION CURRENT DOLLARS " "c ANNUAL COVERAGE: 1889-1955 " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: NONE " "c SEASONAL ADJUSTMENT: NOT APPLICABLE " "c SOURCE: SIMON KUZNETS,"CAPITAL IN THE AMERICAN ECONOMY: " "c ITS FORMATION & FINANCING," (PRINCETON UNIVERSITY PRESS FOR " "c NBER, 1961) TABLE R-32, PP. 592-95 " "c " "c NOTES: SERIES 02211 AND 02212 WERE DERIVED BY SUBTRACTING " "c DEPRECIATION AND DEPLETION FROM THE GROSS KUZNETS SERIES " "c "GROSS PRIVATE CONSTRUCTION, EXCLUDING NONFARM RESIDENTIAL" " "c (NBER 02150, CURRENT DOLLARS; AND 02145, CONSTANT DOLLARS). " "c THE CONSTANT (1929) DOLLAR FIGURES WERE CALCULATED AS " "c FOLLOWS: 1889-1918: ANNUAL DEPRECIATION AND DEPLETION " "c FIGURES WERE DERIVED BY INTERPOLATION AND EXTRAPOLATION FROM " "c DECADE ESTIMATES CALCULATED FROM WEALTH DATA IN KUZNETS, " "c "NATIONAL PRODUCT SINCE 1869." FOR DETAILS SEE NOTES TO " "c KUZNETS,"CAPITAL IN THE AMERICAN ECONOMY," TABLE R-17, P. " "c 531. 1919-1955: (1) THE DEPT. OF COMMERCE SERIES FOR " "c DEPRECIATION ON AN ORIGINAL-COST BASIS, PUBLISHED IN " "c "NATIONAL INCOME, 1954 EDITION, TABLE 4, AND SURVEY OF " "c CURRENT BUSINESS," (DEPT. OF COMM.), JULY 1956, TABLE 4, " "c WERE EXTENDED BACK TO 1919 BY FABRICANT'S SERIES (SOLOMON " "c FABRICANT,"CAPITAL CONSUMPTION AND ADJUSTMENT," NEW YORK, " "c NBER, 1938) AND DEFLATED BY FABRICANT'S PRICE INDEX, " "c EXTENDED TO 1955 BY KUZNETS. FOR FURTHER DESCRIPTION SEE " "c KUZNETS,"CAPITAL IN THE AMERICAN ECONOMY," TABLE R-8, P. " "c 501. (2) DEPLETION WAS ESTIMATED AS 8 PER CENT OF " "c DEPRECIATION (SEE IBID). " "c CURRENT DOLLAR FIGURES WERE CALCULATED AS FOLLOWS: THE " "c DEPRECIATION SERIES IN 1929 PRICES WAS MULTIPLIED BY THE " "c APPROPRIATE PRICE INDEX DESCRIBED IN KUZNETS,"CAPITAL IN " "c THE AMERICAN ECONOMY," TABLE R-31, COL. 4. " "c " "c ORIGINALS MISSING; NOT PROOFREAD. " "c ............................................................... " -1 1889. 1955. 12.0000 807.000 732.000 1152.00 785.000 675.000 674.000 399.000 573.000 497.000 429.000 948.000 984.000 1363.00 1170.00 960.000 688.000 1177.00 1552.00 1052.00 1346.00 1474.00 1104.00 1353.00 1666.00 283.000 -100.000 243.000 134.000 -466.000 -277.000 302.000 -394.000 184.000 642.000 701.000 1199.00 1748.00 1626.00 1299.00 1437.00 430.000 -1216.00 -2225.00 -2363.00 -2515.00 -2219.00 -1825.00 -1350.00 -2046.00 -1804.00 -1513.00 -929.000 -2148.00 -3128.00 -3015.00 -2446.00 510.000 384.000 1090.00 675.000 1198.00 2481.00 2526.00 3259.00 3535.00 4795.00