Table 7.—Gross Product of Nonbank U.S. Parents and Gross Product of All Nonbank U.S. Private Businesses by Major Industry for 1989, 1996, and 1997

	Millions of dollars						Percent
	1989		1996		1997		U.S.-parent share of gross product of all private U.S. businesses
	Gross product of U.S. parents	Gross product of all private U.S. businesses/1/	Gross product of U.S. parents	Gross product of all private U.S. businesses/1/	Gross product of U.S. parents	Gross product of all private U.S. businesses/1/	1989	1996	1997
All industries	1,044,884	4,056,084	1,480,638	5,767,362	1,570,490	6,123,014	26	26	26
Manufacturing	671,911	1,074,173	870,152	1,383,354	873,403	1,458,196	63	63	60
Services	57,524	952,060	118,123	1,525,018	133,809	1,637,507	6	8	8
All other industries	315,449	2,029,851	492,363	2,858,990	563,278	3,027,311	16	17	19

1. For improved comparability with U.S.-parent gross product, gross product of all private U.S. businesses was adjusted to remove categories not applicable to nonbank U.S. parents—such as gross product of depository institutions. In addition, housing product of owner-occupied farm housing (part of farm product) and nonfarm housing product (part of real estate product) were removed because U.S. parents are not involved in these activities. Business transfer payments were also removed because few U.S. parents are in industries that receive most of the business transfer payments in the United States.

NOTE.—In this table, petroleum is not shown as a separate major industry. Instead, in order to be consistent with the all-U.S. data on gross product originating by industry, U.S. parent gross product in the various petroleum subindustries is distributed among the other major industries. Thus, manufacturing includes petroleum and coal products; "all other industries" includes petroleum wholesale trade, gasoline service stations, petroleum tanker operations, pipelines, and storage; and services includes oil and gas field services. A significant portion of U.S.-parent gross product in petroleum and coal products is accounted for by integrated petroleum companies that have, in addition to their manufacturing activities, significant petroleum extraction activities; because the extraction activities cannot be identified separately in the U.S.-parent data, and to improve comparability between the estimates for U.S. parents and those for all U.S. businesses, they are included in manufacturing. For consistency, gross product estimates for the "oil and gas extraction without refining" industry are also included in manufacturing rather than in "all other industries," which includes mining.