[Economic Indicators May, 1997]
[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..........................    4,652.1    3,352.8       35.4      338.6        61.0      397.1      358.2      371.7       -13.5       38.9     467.3
1991..........................    4,761.6    3,457.9       29.3      347.2        67.9      411.3      378.2      374.2         4.0       33.1     448.0
1992..........................    4,990.4    3,644.9       37.1      386.7        79.4      428.0      398.9      406.4        -7.5       29.1     414.3
1993..........................    5,238.5    3,809.5       31.1      404.8       102.2      492.1      457.7      464.3        -6.6       34.4     398.9
1994..........................    5,535.2    4,009.8       34.3      430.0       112.1      554.1      517.9      531.2       -13.3       36.2     394.9
1995..........................    5,828.9    4,222.7       27.9      458.2       111.7      604.8      570.8      598.9       -28.1       34.0     403.6
1996..........................    6,164.2    4,448.5       44.7      482.6       115.0      670.2      631.0      639.9        -8.9       39.2     403.3
                                                                                                                                                        
1993:III......................    5,258.0    3,834.9       25.2      404.8       103.8      498.0      465.9      458.0         7.9       32.1     391.4
      IV......................    5,351.9    3,871.1       33.6      416.0       103.3      539.9      500.5      504.5        -4.0       39.4     388.0
                                                                                                                                                        
1994:I........................    5,363.6    3,932.6       40.1      409.3       104.1      487.3      471.6      475.5        -3.9       15.7     390.2
      II......................    5,524.6    3,988.0       34.4      430.8       115.9      560.1      516.2      526.0        -9.8       43.9     395.5
      III.....................    5,587.5    4,027.5       31.2      436.1       115.3      577.3      534.3      550.8       -16.5       43.0     400.1
      IV......................    5,665.1    4,091.0       31.6      444.0       113.0      591.8      549.6      572.4       -22.8       42.2     393.8
                                                                                                                                                        
1995:I........................    5,728.3    4,150.5       27.7      451.7       111.6      580.0      542.6      594.5       -51.9       37.4     406.9
      II......................    5,771.8    4,191.6       26.6      455.6       111.9      580.8      547.3      589.6       -42.3       33.5     405.2
      III.....................    5,876.0    4,247.7       27.1      460.7       109.9      630.0      597.9      607.2        -9.3       32.1     400.7
      IV......................    5,939.7    4,301.1       30.1      464.8       113.5      628.3      595.3      604.2        -8.8       32.9     401.9
                                                                                                                                                        
1996:I........................    6,027.5    4,344.3       36.6      471.5       114.5      661.2      624.8      642.2       -17.4       36.4     399.5
      II......................    6,132.2    4,420.9       44.1      480.5       112.4      672.1      633.5      644.6       -11.0       38.6     402.3
      III.....................    6,216.6    4,482.9       50.1      485.5       115.2      677.3      637.6      635.6         2.0       39.7     405.6
      IV......................    6,280.6    4,546.0       47.9      493.1       117.9      670.1      627.9      637.1        -9.2       42.2     405.7
                                                                                                                                                        
1997:I r......................    6,435.0    4,638.1       45.6      502.9       116.8      716.8      672.3      672.3          .0       44.6     414.9
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    \1\ Includes employer 
contributions for social insurance. 
(See also p. 5.)
    Source: Department of Commerce, 
Bureau of Economic Analysis.