From: merritt@macro.bu.edu (Sean Merritt)
Newsgroups: alt.politics.libertarian
Subject: Snap Shot US Economy 12/92
Date: 15 Dec 92 19:52:06 GMT
Organization: Boston University Physics Department

Below is a list of industries that are responsible for
1)Manufacture of tangible goods 2)Intellectual Property
3)Services that facilitate the production of 1) or 2). 
There are some ommisions but each included industry's 
dollar value is listed and the top 20 in dollar value
are numbered at the extreme right. This is what America
produces. This is where real wealth comes from. Any indsutry
that is capitalized over $10 billion we may consider
mature. Between $ 1Bill-9.99Bil is either a developing OR
declining industry. Less than $1 bil is either a emerging
OR disappearing industry.

The stock group performance for this year is included. Is
the free market working? Yes. Look at the top 20!
Are there weakness'? Yes. Some critical new technologies are
undercapitalized(Industrial Automation/Robotics, for one).

Does it matter if GM has a good year? I say :Yes it does.
We are in competition with the other industrialized nations 
in these areas(many of which we do lead in). We will continue
to lead?

At the very minimum we should insure that Federal and State
goverments do nothing to inhibit growth in any of these
industries. We should protect these industries from unfair
foreign competition.

Data is taken from Investor's Buisness Daily. The grouping is
that of the newspaper. The selection of industries is mine.


Industrial Group       Stck Grp Per('92) Market Capitalization($Billions)
-------------------------------------------------------------------------
Automobile Manufact          +51.9 %     $ 56.647  (6)
Computer Local Area networks +46.4 %     $ 15.544
Telecommunication Services   +23.1 %     $103.909  (2)
Elect Comp Semiconductors    +46.4 %     $ 30.185  (14)
Computers Mini/Micro         +12.5 %     $ 38.989  (9)
Engines Combustion           +12.0 %     $  3.491
Chemicals Specialty          +12.0 %     $ 42.939  (7)
Aerospace/Aircraft           +11.3 %     $ 27.823  (16)
Chemicals Diversified        +11.1 %     $ 61.889  (3)
Machinery Gen-Indusrial      +10.6 %     $ 18.516  (20)
Containers Paper/Plastic     +10.4 %     $  8.982
Chemicals-Plastics           + 9.2 %     $  4.476
Tools Hand Held              + 8.4 %     $  6.923
Elec Connectors              + 7.0 %     $ 10.737 
Photo Eq & Sup               + 6.5 %     $ 27.188  (17)
Metal Fastners               + 6.3 %     $  4.033
Oil & Gas Expl&Prod          + 6.2 %     $ 17.907
Instruments Scientific       + 5.8 %     $  6.652
Medical Generic Drugs        + 5.5 %     $  3.055
Electronics-Military Sys     + 4.2 %     $ 10.355
Telecomm Eq                  + 3.6 %     $ 38.874  (11)
Computer Software            + 3.1 %     $ 41.443  (8)
Machinery Elec               + 2.6 %     $ 57.294  (5)
Instruments Control          + 1.9 %     $  6.664
Schools                      + 1.4 %     $  2.561
Pollution Control Eq         - 0.4 %     $  7.723
Energy Alternative Source    - 1.1 %     $  6.401
Industrial Auto/Robotics     - 3.2 %     $  0.335
Office Automation            - 3.8 %     $  8.712
Telecomm. Cellular           - 4.9 %     $ 19.505  (19)
Appl Household               - 5.8 %     $ 10.528
Computer Graphics            - 6.0 %     $  6.004
Medical Products             - 6.4 %     $ 29.758  (15)
Engineering R&D Serv         - 7.4 %     $  1.413
Aerospace/Aircraft Eq        - 7.5 %     $ 11.883
Fiber Optics                 -11.1 %     $  0.205
Laser Sys/Comp               -14.2 %     $  1.221
Pollution Control Serv       -15.6 %     $ 35.414  (12)
Chemical Fibers              -15.6 %     $  4.564
Medical Instr                -17.4 %     $ 24.595  (18)
Medical Drugs                -18.4 %     $345.989  (1)
Fertilizers                  -18.4 %     $  8.687
Computer Mainframes          -20.7 %     $ 60.493  (4)
Medical Biomed/Genetics      -23.5 %     $ 30.277  (13)

-sjm












-- 
Sean J. Merritt		         | "Every revolt is a cry of innocence    
Dept of Physics Boston University|  and an appeal to the essence of being."
merritt@macro.bu.edu             | Albert Camus, The Rebel
Newsgroups: alt.politics.libertarian