[Economic Indicators April, 1995]
[Page Number 34]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS

In the fourth quarter of 1994, Federal receipts rose $20.0 billion 
(annual rate) and Federal expenditures rose $27.1 billion. In the first 
quarter of 1995, according to advance estimates, Federal expenditures 
rose $22.0 billion; receipts data are incomplete.
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                                                            [Billions of dollars; quarterly data at seasonally adjusted annual rates]                                                           
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                                                             Federal Government receipts                                       Federal Government expenditures                           Surplus
                                              -----------------------------------------------------------------------------------------------------------------------------------------    or   
                                                                                                                                                                                         deficit
                                                                              Indirect                                                Grants-in-             Subsidies                    (-),  
                    Period                               Personal  Corporate  business  Contributions                                   aid to       Net        less       Less: Wage   national
                                                 Total    tax and   profits    tax and    for social    Total   Purchases  Transfer   State and   interest    current    accruals less   income 
                                                          nontax      tax      nontax     insurance                        payments     local       paid     surplus of  disbursements     and  
                                                         receipts   accruals  accruals                                               governments             Government                  product
                                                                                                                                                            enterprises                 accounts
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Fiscal year:                                                                                                                                                                                    
  1992.......................................   1,161.2     484.6     112.4       81.1        483.1    1,435.9     445.2     607.4       168.2      188.9         26.1          0.0       -274.7
  1993.......................................   1,241.0     511.8     134.6       82.9        511.7    1,495.5     446.3     651.5       180.7      183.5         33.4           .0       -254.4
  1994.......................................   1,349.4     552.1     161.2       93.3        542.8    1,521.9     435.1     674.4       197.9      187.0         27.6           .0       -172.5
                                                                                                                                                                                                
Calendar year:                                                                                                                                                                                  
  1992 ......................................   1,178.3     489.5     115.6       81.3        491.9    1,460.9     449.0     625.3       172.2      186.8         27.6           .0       -282.7
  1993 ......................................   1,265.7     520.3     143.0       84.6        517.8    1,507.0     443.6     658.0       186.1      183.6         35.7           .0       -241.4
  1994.......................................   1,379.0     565.6     167.1       91.2        555.1    1,538.1     437.3     682.5       197.6      191.5         29.2           .0       -159.1
                                                                                                                                                                                                
1982: IV.....................................     632.3     301.6      45.5       49.2        235.9      815.7     281.4     346.0        84.3       86.8         17.3           .0       -183.4
1983: IV.....................................     671.1     290.5      65.4       55.4        259.8      855.7     289.7     351.1        86.9       99.2         28.8           .0       -184.6
1984: IV.....................................     739.8     323.5      67.0       58.2        291.1      926.6     324.7     360.1        97.7      122.3         22.2           .6       -186.8
1985: IV.....................................     803.6     351.8      77.0       56.8        318.0      990.8     356.9     383.8       104.5      129.2         16.4           .0       -187.2
1986: IV.....................................     856.8     371.7      91.4       54.8        338.8    1,034.3     373.1     404.2       103.8      131.1         22.1           .0       -177.5
1987: IV.....................................     943.5     414.8     109.7       59.5        359.4    1,096.3     392.5     419.7       102.9      143.1         37.8          -.2       -152.7
1988: IV.....................................   1,000.6     420.0     118.5       61.4        400.7    1,135.5     392.0     444.5       113.0      151.2         34.9           .0       -134.9
1989: IV.....................................   1,068.3     470.1     111.3       62.2        424.7    1,209.8     405.1     488.8       121.9      168.9         25.0           .0       -141.5
1990: IV ....................................   1,115.8     483.9     115.1       67.1        449.7    1,306.9     436.5     526.6       137.6      174.4         32.0           .2       -191.0
1991: IV ....................................   1,140.5     477.3     109.6       82.9        470.7    1,386.3     438.3     566.2       162.6      191.6         27.7           .0       -245.8
1992: IV ....................................   1,219.9     511.6     122.6       83.8        501.9    1,492.0     454.8     643.1       176.6      183.1         34.5           .0       -272.1
                                                                                                                                                                                                
1993: I .....................................   1,212.7     497.2     132.1       81.9        501.6    1,496.2     446.9     644.8       176.7      182.5         45.2           .0       -283.5
      II ....................................   1,263.7     519.8     141.8       83.5        518.6    1,500.6     445.2     652.8       182.9      184.8         35.1           .0       -237.0
      III ...................................   1,272.7     527.5     140.2       82.3        522.7    1,497.6     442.7     660.2       187.8      183.6         23.3           .0       -224.9
      IV ....................................   1,313.6     536.8     157.8       90.7        528.3    1,533.7     439.8     674.1       197.0      183.5         39.3           .0       -220.1
                                                                                                                                                                                                
1994: I .....................................   1,337.4     550.2     151.8       90.4        545.1    1,513.7     437.8     671.5       190.0      179.3         35.1           .0       -176.2
      II ....................................   1,380.7     571.1     166.3       90.4        553.0    1,525.9     435.1     676.2       194.4      188.8         31.3           .0       -145.1
      III ...................................   1,388.8     566.9     172.4       91.9        557.6    1,542.8     444.3     683.0       200.3      194.4         20.9           .0       -154.0
      IV.....................................   1,408.8     574.2     178.1       91.9        564.6    1,569.9     431.9     699.2       205.5      203.5         29.8           .0       -161.1
                                                                                                                                                                                                
1995: I p....................................  ........     591.5  .........      89.1        575.0    1,591.9     433.1     706.3       215.5      210.0         27.0           .0     ........
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    Source: Department of Commerce, 
Bureau of Economic Analysis.