Table 1: Descriptive statistics by three-digit manufacturing industry, 1979–1996.

VariablesTotal (1979 through 1996)19791996Change
MeanStd. dev.MinMaxMeanMean

$ Total value added (′millions)a4,617.55,474.7256.046,766.55,084.04,822.7−261.3
$ Total real capital (′millions)a5,302.69,877.296.8100,027.67,371.34,299.4−3,071.9
$ Value added (′000) per workera102.077.430.0826.290.7120.629.9
Employment (′000)46.954.674.6443.454.343.4−10.8
Less than high school (%)22.511.3420.061.731.315.1−16.2
High school graduate (%)42.96.6810.0100.040.342.11.8
Some college (%)20.26.0380.041.317.824.56.7
BA (%)11.06.3800.050.07.913.65.7
Advanced degree (%)3.33.2750.020.02.44.72.4
Mean age (in years)39.01.930.052.337.939.81.9
Female (%)33.116.50.086.432.832.3−.5
White (%)80.48.120.0100.082.178.3−3.8
African American (%)9.95.20.040.010.19.2−.9
Hispanic (%)7.04.80.060.05.89.13.4
Other racial/ethnic minority (%)2.82.40.021.92.13.31.3
Metropolitan resident (%)67.916.29.4100.065.572.57.0

aInflation adjusted in 1996 dollar values.