[Economic Indicators January, 1997]
[Page Number 34]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS

In the third quarter of 1996, Federal receipts rose $6.3 billion (annual 
rate) and Federal current expenditures rose $0.3 billion. In the fourth 
quarter, according to advance estimates, Federal current expenditures 
rose $21.9 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                              
                                                      ------------------------------------------------------------------------------------------------------------------------------            
                                                                                                                                                             Subsi-                    Current  
                                                                                                                                                              dies                    surplus or
                                                                                                 Contri-              Con-                                    less                    deficit (-
                                                                 Personal  Corporate  Indirect   butions             sump-   Trans-   Grants-in-             current                 ), national
                        Period                                    tax and   profits   business     for                tion     fer      aid to       Net     surplus    Less: Wage    income and
                                                         Total    nontax      tax      tax and   social     Total    expen-   pay-    State and   interest     of     accruals less    product  
                                                                 receipts   accruals   nontax    insur-               di-     ments     local       paid     Govern-  disbursements    accounts 
                                                                                      accruals    ance               tures           governments              ment                              
                                                                                                                                                             enter-                             
                                                                                                                                                             prises                             
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Calendar year:                                                                                                                                                                                  
  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         0.1          -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   1,530.9    451.9   659.1      185.7       192.3      41.8          .0          -255.6
  1994...............................................   1,377.0     561.4     164.4       92.6     558.6   1,567.3    450.7   682.9      195.9       201.4      36.4          .0          -190.2
  1995...............................................   1,478.4     614.9     184.3       91.2     588.0   1,640.1    453.8   719.9      206.1       229.1      31.3          .0          -161.7
  1996 p.............................................  ........     673.1  .........      90.5     615.3   1,702.0    460.6   764.5      213.3       233.4      30.1          .0     ...........
                                                                                                                                                                                                
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   1,509.7    451.3   645.9      177.3       190.5      44.7          .0          -284.5
      II.............................................   1,271.3     521.0     136.5       87.5     526.2   1,521.5    448.5   654.7      181.5       193.2      43.6          .0          -250.2
      III............................................   1,280.3     529.1     133.7       87.2     530.3   1,534.7    453.5   660.8      187.2       192.7      40.5          .0          -254.4
      IV.............................................   1,324.4     543.4     152.2       93.7     535.1   1,557.7    454.3   675.0      197.0       192.8      38.6          .0          -233.3
                                                                                                                                                                                                
1994:I...............................................   1,321.9     539.3     144.3       92.8     545.5   1,534.6    446.7   670.9      192.2       188.3      36.5          .0          -212.7
      II.............................................   1,382.8     571.3     162.2       91.3     558.1   1,552.5    445.1   676.4      197.5       198.3      35.3          .0          -169.6
      III............................................   1,387.1     560.4     171.3       93.3     562.1   1,575.7    455.7   683.5      196.9       204.3      35.2          .0          -188.5
      IV.............................................   1,416.3     574.5     180.0       93.2     568.6   1,606.4    455.3   700.9      196.9       214.8      38.5          .0          -190.1
                                                                                                                                                                                                
1995:I...............................................   1,449.3     594.6     183.1       91.7     579.9   1,621.9    454.6   708.3      205.8       220.9      32.3          .0          -172.6
      II.............................................   1,483.2     624.4     180.7       93.5     584.6   1,644.3    455.6   716.2      211.3       229.3      32.0          .0          -161.1
      III............................................   1,486.6     617.3     189.1       88.4     591.8   1,645.0    453.6   724.2      203.8       232.3      31.1          .0          -158.5
      IV.............................................   1,494.7     623.3     184.3       91.3     595.9   1,649.3    451.4   730.9      203.3       233.9      29.9          .0          -154.5
                                                                                                                                                                                                
1996:I...............................................   1,523.1     639.6     196.4       84.4     602.6   1,678.3    453.6   756.2      207.6       230.5      30.4          .0          -155.2
      II ............................................   1,575.6     681.4     199.0       83.2     612.0   1,702.3    463.5   757.9      219.3       230.8      30.8          .0          -126.7
      III............................................   1,581.9     680.2     196.5       85.7     619.4   1,702.6    461.3   762.9      214.5       233.7      30.3          .0          -120.8
      IV p...........................................  ........     691.1  .........     108.7     627.2   1,724.5    464.1   781.1      211.8       238.8      28.8          .0     ...........
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    Source: Department of Commerce, 
Bureau of Economic Analysis.