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



 
FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS

In the first quarter of 1995, Federal receipts rose $32.2 billion 
(annual rate) and Federal expenditures rose $19.7 billion. In the second 
quarter, according to advance estimates, Federal expenditures rose $10.6 
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                                
                                                       --------------------------------------------------------------------------------------------------------------------------------         
                                                                                                                                                                Subsi-                   Surplus
                                                                                                                                                                 dies                      or   
                                                                                                  Contri-                                                        less                    deficit
                                                                  Personal  Corporate  Indirect   butions                       Trans-   Grants-in-             current                   (-),  
                        Period                                     tax and   profits   business     for                           fer      aid to       Net     surplus    Less: Wage   national
                                                          Total    nontax      tax      tax and   social     Total   Purchases   pay-    State and   interest     of     accruals less   income 
                                                                  receipts   accruals   nontax    insur-                         ments     local       paid     Govern-  disbursements     and  
                                                                                       accruals    ance                                 governments              ment                    product
                                                                                                                                                                enter-                  accounts
                                                                                                                                                                prises                          
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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
                                                                                                                                                                                                
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................................................   1,441.0     594.8     181.9       89.1     575.1   1,589.6     434.4    708.1      211.0       209.0      27.2          .0       -148.6
      IIp.............................................  ........     624.1  .........      90.9     579.1   1,600.2     434.4    716.1      211.0       218.4      20.4          .0     ........
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    Source: Department of Commerce, 
Bureau of Economic Analysis.