Hello.
As of Monday, September 30, 2002, the total value of U.S. stocks was
$9.5 trillion.
Source: Wilshire 5000 (now actually more than 5000 stocks) which
measures the total value of all the stocks on the New York, American,
and NASDAQ exchanges.
http://www.wilshire.com/Indexes/Broad/Wilshire5000/Characteristics.html
The Commerce Department's most recent Gross National Product (GNP)
figure available (2002, Quarter II) is $10.3568 trillion (listed as
$10,356.8 billion). This is a seasonally-adjusted annual rate figure.
Source: Bureau of Economic Analysis, Department of Commerce
http://www.bea.doc.gov/bea/dn/nipaweb/TableViewFixed.asp?SelectedTable=17&FirstYear=2001&LastYear=2002&Freq=Qtr
Thus, the ratio of the value of U.S. Stocks to GNP is approximately:
$9.5 trillion / $10.3568 trillion = 0.917
search strategy: total market index, commerce department economic
statistics
I hope this. |