[Economic Indicators December, 1996]
[Page Number 4]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                            NATIONAL INCOME

                                        [Billions of dollars; quarterly data at seasonally adjusted annual rates]                                       
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                                                       Proprietors' income                  Corporate profits with inventory valuation and              
                                                         with inventory       Rental                capital consumption adjustments                     
                                                          valuation and     income  of --------------------------------------------------------         
                                            Compen-    capital consumption    persons              Profits with inventory valuation                     
                                 National    sation        adjustments         with                  adjustment and without capital   Capital      Net  
            Period                income       of    ----------------------   capital                   consumption adjustment        consump-  interest
                                            employ-                          consump-     Total   ----------------------------------    tion            
                                             ees\1\                            tion                            Profits    Inventory   adjust-           
                                                         Farm     Nonfarm   adjustment               Total      before    valuation     ment            
                                                                                                                 tax     adjustment                     
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1990 .........................    4,611.9    3,352.8       36.3      324.6        61.4      369.5      358.2      371.7       -13.5       11.3     467.3
1991 .........................    4,719.7    3,457.9       30.2      332.7        68.4      382.5      378.2      374.2         4.0        4.3     448.0
1992 .........................    4,950.8    3,644.9       38.0      371.5        80.6      401.4      398.9      406.4        -7.5        2.5     414.3
1993 .........................    5,195.3    3,809.5       32.0      388.1       102.5      464.4      457.7      464.3        -6.6        6.7     398.9
1994 .........................    5,501.6    4,009.8       35.0      415.9       116.6      529.5      517.9      531.2       -13.3       11.6     394.9
1995 .........................    5,813.5    4,222.7       29.0      449.3       122.2      586.6      570.8      598.9       -28.1       15.9     403.6
                                                                                                                                                        
1991:IV ......................    4,770.0    3,511.0       31.0      341.1        73.0      379.6      375.2      382.8        -7.6        4.5     434.3
1992:IV ......................    5,061.7    3,707.0       37.3      385.1        92.3      427.7      420.5      420.3          .2        7.2     412.4
                                                                                                                                                        
1993:I .......................    5,096.3    3,744.2       31.5      382.0        98.4      427.4      422.4      437.0       -14.6        5.0     412.8
      II .....................    5,159.4    3,787.9       35.8      381.8       102.9      447.8      442.0      457.6       -15.6        5.8     403.2
      III ....................    5,214.1    3,834.9       26.1      388.1       104.1      469.6      465.9      458.0         7.9        3.8     391.4
      IV .....................    5,311.3    3,871.1       34.4      400.5       104.5      512.8      500.5      504.5        -4.0       12.3     388.0
                                                                                                                                                        
1994:I .......................    5,304.8    3,932.6       40.8      380.3       101.1      459.7      471.6      475.5        -3.9      -11.8     390.2
      II .....................    5,493.2    3,988.0       35.1      419.3       121.0      534.3      516.2      526.0        -9.8       18.1     395.5
      III ....................    5,561.7    4,027.5       31.9      426.8       122.2      553.1      534.3      550.8       -16.5       18.8     400.1
      IV .....................    5,646.9    4,091.0       32.3      437.1       121.9      570.9      549.6      572.4       -22.8       21.3     393.8
                                                                                                                                                        
1995:I .......................    5,709.9    4,150.5       28.5      443.5       120.6      560.0      542.6      594.5       -51.9       17.4     406.9
      II .....................    5,755.4    4,191.6       27.6      447.1       121.6      562.3      547.3      589.6       -42.3       15.0     405.2
      III ....................    5,861.4    4,247.7       28.1      451.5       120.9      612.5      597.9      607.2        -9.3       14.6     400.7
      IV .....................    5,927.4    4,301.1       31.8      454.9       125.8      611.8      595.3      604.2        -8.8       16.5     401.9
                                                                                                                                                        
1996:I........................    6,015.3    4,344.3       38.4      461.1       126.9      645.1      624.8      642.2       -17.4       20.4     399.5
      II......................    6,118.7    4,420.9       45.8      469.4       124.5      655.8      633.5      644.6       -11.0       22.3     402.3
      III r...................    6,203.0    4,482.9       51.8      474.6       127.0      661.2      637.6      635.6         2.0       23.6     405.6
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    \1\ Includes employer 
contributions for social insurance. 
(See also p. 5.)

    Source: Department of Commerce, 
Bureau of Economic Analysis.