Most of
the companies in the Fortune 100 in 1980 were still manufacturing and oil
companies. Auto companies were screwing up with muscle cars and forgot to
attend to increasing gas mileage and fixing quality problems. But GM had
increased its revenue from $24 billion to $66 billion.
Most
products were made in the US by US citizen workers and these products were
mostly sold in the US to US consumers. These are the jobs we are attempting to
bring back to the US.
The
Japanese were building better cars and construction equipment and were poised
to export these to the US. This was the decade before we gave all of our
manufacturing jobs away.
Clothing
and Textiles were being off-shored to other countries.
The
revenues reported below demonstrate how inflation in the 1970s doubled
revenues. GM revenue was $24 billion in 1970 and $66 billion in 1980. The
Japanese cars were beginning to arrive in the US.
Fortune
100 Revenues in 1980 ranged from $3.39B to $79.11B. This is more than double
the revenues reported in 1970.
Exxon
Mobil $79.11B
GM
$66.31B
Mobil
$44.72B
Ford
$43.51B
Texaco
$38.35B
Chevron
Texaco $29.95B
Gulf Oil
$23.91B
IBM
$22.86B
GE
$22.46B
Amoco
$18.61B
ITT
$17.20B
Atlantic
Richfield $16.23B
Shell Oil
$14.43B
US Steel
$12.93B
Conoco
$12.65B
DuPont
$12.57B
Chrysler
$12.00B
Tenneco
Automotive $11.21B
AT&T
$10.96B
Sunoco
$10.67B
Occidental
Petroleum $9.56B
ConocoPhillips
$9.50B
Procter
& Gamble $9.33B
Dow
Chemical $9.26B
Union
Carbide $9.18B
United
Technologies $9.05B
Navistar
Intl. $8.39B
Goodyear
$8.24B
Boeing
$8.12B
Eastman
Kodak $8.03B
LTV
$7.99B
BP
America $7.92B
Caterpillar
$7.61B
Unocal
$7.57B
Beatrice
$7.47B
RCA
$7.45B
CBS
$7.33B
Bethlehem
Steel $7.14B
Nabisco
Holdings $7.13B
Xerox
$7.03B
Amerada
Hess $6.77B
Esmark
$6.74B
Marathon
Oil $6.68B
Ashland
$6.47B
Rockwell
Automation $6.47B
Kraft
$6.43B
Citgo
Petroleum $6.28B
Monsanto
$6.19B
Altria
Group $6.14B
General
Foods $5.47B
3M $5.44B
Gulf
& Western $5.29B
Firestone
$5.28B
McDonnel
Douglas $5.28B
Sealed
Air $5.27B
Georgia
Pacific $5.21B
PepsiCo
$5.09B
Coca-Cola
$4.96B
Deere
$4.93B
Colgate
Palmolive $4.83B
Getty Oil
$4.53B
Alcoa
$4.79B
Sara Lee
$4.72B
Greyhound
$4.70B
International
Paper $4.61B
Ralston
Purina $4.60B
TRW
$4.56B
Honeywell
Intl. $4.54B
American
Can $4.52B
Weyerhaeuser
$4.42B
Continental
Group $4.37B
Borden
Chemical $4.31B
Charter
$4.25B
Signal
Companies $4.24B
National
Intergroup $4.23B
Iowa Beef
Processors $4.22B
Johnson
& Johnson $4.21B
Honeywell
$4.21B
Sperry
$4.18B
Litton
$4.09B
Lockheed
Martin $4.07B
General
Dynamics $4.06B
Union
Pacific $3.99B
Republic
Steel $3.99B
Champion
Intl. $3.91B
Farmland
Ind. $3.84B
Bendix
$3.83B
Fortune
Brands $3.77B
General
Mills $3.75B
Whitman
$3.73B
Raytheon
$3.73B
Bestfoods
$3.70B
CBS
$3.67B
Ryerson
Tull $3.64B
Owens-Illinois
$3.50B
Chiquita
Brands $3.47B
Dresser
Ind. $3.46B
Wyeth
$3.40B
Textron
$3.39B
Norb
Leahy, Dunwoody GA Tea Party Leader
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