[Economic Indicators July, 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, Federal current expenditures rose $29.0 
billion (annual rate); receipts rose $28.4 billion. In the second 
quarter, according to advance estimates, expenditures rose $22.0 
billion; receipts data are incomplete. (Series revised.)
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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                              
                                                     -------------------------------------------------------------------------------------------------------------------------------            
                                                                                                                                                             Subsi-                    Current  
                                                                                                                                                              dies                   surplus  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  and
                                                                receipts   accruals   nontax    insur-               tures    ments     local        paid    Govern-  disbursements     product 
                                                                                     accruals    ance                                governments              ment                     accounts 
                                                                                                                                                             enter-                             
                                                                                                                                                             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  r1,530.9    r451.9  r659.1      185.7       192.3      41.8          .0         r-255.6
  1994..............................................   1,377.0     561.4     164.4       92.6     558.6  r1,567.3    r450.7  r682.9      195.9       201.4      36.4          .0         r-190.2
  1995..............................................   1,478.4     614.9     184.3       91.2     588.0  r1,640.1    r453.8  r719.9      206.1      r229.1      31.3          .0         r-161.7
                                                                                                                                                                                                
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  r1,509.7    r451.3  r645.9      177.3      r190.5      44.7          .0         r-284.5
      II............................................   1,271.3     521.0     136.5       87.5     526.2  r1,521.5    r448.5  r654.7      181.5       193.2      43.6          .0         r-250.2
      III...........................................   1,280.3     529.1     133.7       87.2     530.3  r1,534.7    r453.5  r660.8      187.2       192.7      40.5          .0         r-254.4
      IV............................................   1,324.4     543.4     152.2       93.7     535.1  r1,557.7    r454.3  r675.0      197.0      r192.8      38.6          .0         r-233.3
                                                                                                                                                                                                
1994:I..............................................   1,321.9     539.3     144.3       92.8     545.5  r1,534.6     446.7  r670.9      192.2      r188.3      36.5          .0         r-212.7
      II............................................   1,382.8     571.3     162.2       91.3     558.1  r1,552.5     445.1  r676.4      197.5      r198.3      35.3          .0         r-169.6
      III...........................................   1,387.1     560.4     171.3       93.3     562.1  r1,575.7    r455.7  r683.5      196.9      r204.3      35.2          .0         r-188.5
      IV............................................   1,416.3     574.5     180.0       93.2     568.6  r1,606.4    r455.3  r700.9      196.9      r214.8      38.5          .0         r-190.1
                                                                                                                                                                                                
1995:I..............................................   1,449.3     594.6     183.1       91.7     579.9  r1,621.9    r454.6  r708.3      205.8      r220.9      32.3          .0         r-172.6
      II............................................   1,483.2     624.4     180.7       93.5     584.6  r1,644.3    r455.6  r716.2      211.3      r229.3      32.0          .0         r-161.1
      III...........................................   1,486.6     617.3     189.1       88.4     591.8  r1,645.0    r453.6  r724.2      203.8      r232.3      31.1          .0         r-158.5
      IV............................................   1,494.7     623.3     184.3       91.3     595.9  r1,649.3     451.4  r730.9      203.3      r233.9      29.9          .0         r-154.5
                                                                                                                                                                                                
1996:I..............................................   1,523.1     639.6     196.4       84.4     602.6  r1,678.3     453.6   756.2      207.6      r230.5      30.4          .0         r-155.2
      IIp...........................................  ........     678.2  .........      83.2     612.1   1,700.3     462.4   756.7      219.3       230.8      31.1          .0     ...........
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    Note.--Series revised beginning 
1993. See Note, p. 1.
    Source: Department of Commerce, 
Bureau of Economic Analysis.