[Economic Indicators December, 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..........................    5,266.8    3,814.9       32.4      418.4       105.7      492.8      456.9      465.4        -8.5       36.0     402.5
1994..........................    5,590.7    4,012.0       36.9      434.7       124.4      570.5      519.1      535.1       -16.1       51.4     412.3
1995..........................    5,912.3    4,215.4       23.4      465.5       132.8      650.0      598.4      622.6       -24.3       51.6     425.1
1996..........................    6,254.5    4,426.9       37.2      483.1       146.3      735.9      674.1      676.6        -2.5       61.8     425.1
                                                                                                                                                        
1993:III......................    5,281.7    3,837.6       25.6      420.6       106.1      492.8      459.8      459.6          .2       33.0     398.9
      IV......................    5,388.7    3,876.2       38.0      426.5       111.5      541.2      504.1      508.9        -4.8       37.1     395.4
                                                                                                                                                        
1994:I........................    5,423.2    3,937.4       46.4      417.5       112.7      512.0      470.8      475.1        -4.3       41.2     397.2
      II......................    5,556.3    3,988.0       38.8      435.9       126.0      562.0      510.2      525.3       -15.1       51.8     405.6
      III.....................    5,636.1    4,028.7       33.2      438.4       130.1      590.1      535.0      556.2       -21.2       55.1     415.6
      IV......................    5,747.3    4,093.9       29.1      447.0       128.9      617.7      560.3      583.9       -23.6       57.4     430.7
                                                                                                                                                        
1995:I........................    5,807.9    4,153.2       20.6      457.6       130.5      613.2      560.4      610.7       -50.3       52.9     432.7
      II......................    5,862.4    4,187.9       21.3      463.1       132.3      628.0      577.2      615.0       -37.8       50.8     429.7
      III.....................    5,953.4    4,238.0       22.9      468.7       131.5      672.8      621.4      630.6        -9.3       51.5     419.5
      IV......................    6,025.5    4,282.6       28.9      472.6       137.1      685.7      634.5      634.1          .4       51.1     418.6
                                                                                                                                                        
1996:I........................    6,108.8    4,322.2       31.9      477.4       143.4      717.7      659.8      664.9        -5.1       57.9     416.2
      II......................    6,229.4    4,403.9       36.5      483.5       144.6      738.5      676.8      682.2        -5.4       61.6     422.5
      III.....................    6,303.3    4,461.0       40.1      483.7       148.0      739.6      676.4      679.1        -2.7       63.2     430.9
      IV......................    6,376.5    4,520.7       40.4      487.9       149.2      747.8      683.4      680.0         3.3       64.4     430.6
                                                                                                                                                        
1997:I........................    6,510.0    4,606.3       40.2      494.4       149.0      779.6      711.9      708.4         3.5       67.7     440.5
      II......................    6,599.0    4,663.4       43.6      500.0       148.7      795.1      725.7      719.8         5.9       69.4     448.1
      III r...................    6,699.6    4,725.2       40.9      506.3       148.0      827.3      757.1      753.4         3.6       70.3     451.8
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    \1\ Includes employer 
contributions for social insurance. 
(See also p. 5.)
    Source: Department of Commerce, 
Bureau of Economic Analysis.