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Table 8_5

Table 8-5
Demand for New Passenger Cars in the United States, 1971 to 1986
Year Y X2 X3 X4 X5 X6
1971 10227 112 121.3 776.8 4.89 79367
1972 10872 111 125.3 839.6 4.55 82153
1973 11350 111.1 133.1 949.8 7.38 85064
1974 8775 117.5 147.7 1038.4 8.61 86794
1975 8539 127.6 161.2 1142.8 6.16 85846
1976 9994 135.7 170.5 1252.6 5.22 88752
1977 11046 142.9 181.5 1379.3 5.5 92017
1978 11164 153.8 195.4 1551.2 7.78 96048
1979 10559 166 217.4 1729.3 10.25 98824
1980 8979 179.3 246.8 1918 11.28 99303
1981 8535 190.2 272.4 2127.6 13.73 100397
1982 7980 197.6 289.1 2261.4 11.2 99526
1983 9179 202.6 298.4 2428.1 8.69 100834
1984 10394 208.5 311.1 2670.6 9.65 105005
1985 11039 215.2 322.2 2841.1 7.75 107150
1986 11450 224.4 328.4 3022.1 6.31 109597
Notes: Y = New passenger cars sold (thousands), seasonally unadjusted
X2 = New cars Consumer Price Index (1967 = 100), seasonally
unadjusted
X3 = Consumer Price Index, all items, all urban consumers (1967 = 100),
seasonally unadjusted
X4 = Personal disposable income (PDI) ($, in billions), unadjusted for
seasonal variation
X5 = Interest rate (percent), finance company paper placed directly
X6 = Employed civilian labor force (thousands), unadjusted for seasonal
variation
Source: Business Statistics, 1986, a Supplement to the Current Survey of
Business, U.S. Department of Commerce.