[Economic Indicators May, 1996] [Page Number 34] [From the U.S. Government Publishing Office, www.gpo.gov] FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS In the first quarter of 1996, according to preliminary estimates, Federal current expenditures rose $27.7 billion (annual rate); receipts rose $27.1 billion. ____________________________________________________________________________________________________________________________________________ [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 1995................................................. 1,478.4 614.9 184.3 91.2 588.0 1,641.0 454.0 720.4 206.1 229.3 31.3 .0 -162.6 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 IV............................................... 1,494.7 623.3 184.3 91.3 595.9 1,649.7 451.4 731.0 203.3 234.1 29.9 .0 -154.9 1996:Ir................................................ 1,521.8 639.3 196.1 84.4 602.0 1,677.4 457.2 756.3 204.0 230.8 29.1 .0 -155.7 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Source: Department of Commerce, Bureau of Economic Analysis.