[Economic Indicators February, 1996]
[Page Number 34]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS

In the third quarter of 1995, Federal receipts rose $3.4 billion (annual 
rate) and Federal expenditures rose $4.3 billion. In the fourth quarter, 
according to advance estimates, expenditures rose $1.4 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 current expenditures                           
                                                        -------------------------------------------------------------------------------------------------------------------------------  Current
                                                                                                                                                                Subsi-                   surplus
                                                                                                                                                                 dies                      or   
                                                                                                   Contri-                                                       less                    deficit
                                                                   Personal  Corporate  Indirect   butions            Consump-  Trans-   Grants-in-             current                   (-),  
                         Period                                     tax and   profits   business     for                tion      fer      aid to       Net     surplus    Less: Wage   national
                                                           Total    nontax      tax      tax and   social     Total   expendi-   pay-    State and   interest     of     accruals less    income
                                                                   receipts   accruals   nontax    insur-               tures    ments     local        paid    Govern-  disbursements     and  
                                                                                        accruals    ance                                governments              ment                    product
                                                                                                                                                                enter-                  accounts
                                                                                                                                                                prises                          
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Calendar year:                                                                                                                                                                                  
  1989.................................................   1,079.3     463.4     117.1       61.7     437.1   1,192.7     405.2   471.7      118.2       166.7      30.8         0.0       -113.4
  1990.................................................   1,129.8     485.7     118.0       65.1     461.1   1,284.5     426.6   513.3      132.4       179.9      32.4          .1       -154.7
  1991.................................................   1,149.0     476.9     109.8       79.7     482.6   1,345.0     445.9   522.2      153.4       192.7      30.8         -.1       -196.0
  1992.................................................   1,198.5     490.8     118.6       81.9     507.1   1,479.4     451.0   625.1      172.2       195.8      35.1          .0       -280.9
  1993.................................................   1,275.3     523.6     137.5       88.2     526.0   1,530.0     451.4   658.7      185.7       192.3      41.8          .0       -254.7
  1994.................................................   1,377.0     561.4     164.4       92.6     558.6   1,566.9     450.6   682.6      195.9       201.4      36.4          .0       -189.9
  1995p................................................  ........     615.1  .........      91.2     588.4   1,641.0     453.9   720.5      206.1       229.3      31.3          .0     ........
                                                                                                                                                                                                
1990:IV................................................   1,135.2     484.9     117.4       67.4     465.6   1,313.0     437.7   526.1      137.1       177.8      34.4          .2       -177.7
1991:IV................................................   1,160.9     479.0     111.1       82.8     488.1   1,399.8     440.5   565.8      162.7       200.0      30.9          .0       -238.8
1992:IV................................................   1,230.5     510.0     123.7       86.5     510.3   1,509.5     457.7   643.3      176.3       191.8      40.3          .0       -279.0
                                                                                                                                                                                                
1993:I.................................................   1,225.2     501.0     127.5       84.3     512.4   1,508.9     450.8   645.6      177.3       190.4      44.7          .0       -283.7
      II...............................................   1,271.3     521.0     136.5       87.5     526.2   1,520.5     447.9   654.3      181.5       193.2      43.6          .0       -249.2
      III..............................................   1,280.3     529.1     133.7       87.2     530.3   1,533.8     453.0   660.4      187.2       192.7      40.5          .0       -253.5
      IV...............................................   1,324.4     543.4     152.2       93.7     535.1   1,556.8     453.8   674.6      197.0       192.9      38.6          .0       -232.4
                                                                                                                                                                                                
1994:I.................................................   1,321.9     539.3     144.3       92.8     545.5   1,534.7     446.7   671.2      192.2       188.2      36.5          .0       -212.9
      II...............................................   1,382.8     571.3     162.2       91.3     558.1   1,552.7     445.1   676.6      197.5       198.2      35.3          .0       -169.9
      III..............................................   1,387.1     560.4     171.3       93.3     562.1   1,573.5     455.5   681.5      196.9       204.4      35.2          .0       -186.3
      IV...............................................   1,416.3     574.5     180.0       93.2     568.6   1,606.8     455.3   701.2      196.9       214.9      38.5          .0       -190.4
                                                                                                                                                                                                
1995:I.................................................   1,449.3     594.6     183.1       91.7     579.9   1,622.6     454.8   708.6      205.8       221.2      32.3          .0       -173.3
      II...............................................   1,483.2     624.4     180.7       93.5     584.6   1,643.8     456.1   715.2      211.3       229.2      32.0          .0       -160.5
      III..............................................   1,486.6     617.3     189.1       88.4     591.8   1,648.1     453.5   727.0      203.8       232.7      31.1          .0       -161.6
      IVp..............................................  ........     624.2  .........      91.3     597.2   1,649.5     451.2   731.2      203.3       234.1      29.7          .0     ........
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    Source: Department of Commerce, 
Bureau of Economic Analysis.