[Economic Indicators December, 1998]
[Page Number 3]
[From the U.S. Government Publishing Office, www.gpo.gov]
NONFINANCIAL CORPORATE BUSINESS-OUTPUT, COSTS, AND PROFITS
[Quarterly data at seasonally adjusted annual rates]
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Gross domestic Current-dollar cost and profit per unit of real output (dollars) \1\
product of ----------------------------------------------------------------------------------------
nonfinancial Corporate profits with
corporate business inventory valuation and
(billions of Indirect capital consumption
Period dollars) Total cost Consumption business Compensation adjustments Net
-------------------- and profit of fixed tax, of employees ------------------------------ interest
Chained \2\ capital etc.\3\ Profits Profits
Current (1992) Total tax after
dollars dollars liability tax \4\
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1990....................................... 3,084.0 3,210.2 0.961 0.096 0.092 0.640 0.086 0.030 0.056 0.046
1991....................................... 3,132.1 3,168.8 .988 .101 .100 .660 .085 .027 .058 .042
1992....................................... 3,262.6 3,262.6 1.000 .101 .103 .673 .091 .028 .063 .032
1993....................................... 3,430.4 3,374.4 1.017 .101 .106 .679 .103 .031 .072 .028
1994....................................... 3,709.7 3,586.3 1.034 .101 .108 .677 .122 .036 .086 .027
1995 ...................................... 3,920.4 3,745.5 1.047 .100 .106 .682 .130 .037 .094 .028
1996 ...................................... 4,134.4 3,914.8 1.056 .100 .105 .685 .140 .039 .101 .026
1997 ...................................... 4,414.5 4,154.4 1.063 .100 .105 .691 .143 .041 .102 .023
1995:I .................................... 3,844.1 3,682.3 1.044 .099 .108 .684 .125 .037 .088 .028
II .................................. 3,879.3 3,710.0 1.046 .100 .107 .685 .126 .036 .090 .028
III ................................. 3,956.5 3,776.2 1.048 .100 .105 .680 .135 .037 .098 .028
IV .................................. 4,001.7 3,813.5 1.049 .101 .105 .681 .135 .037 .098 .028
1996:I .................................... 4,033.0 3,826.9 1.054 .101 .106 .681 .139 .038 .101 .027
II .................................. 4,106.4 3,891.0 1.055 .100 .105 .684 .140 .039 .101 .026
III ................................. 4,168.9 3,944.2 1.057 .100 .105 .686 .141 .039 .102 .026
IV .................................. 4,229.3 3,997.1 1.058 .100 .105 .687 .141 .039 .102 .025
1997:I .................................... 4,307.1 4,054.5 1.062 .100 .105 .690 .142 .041 .101 .025
II .................................. 4,375.7 4,117.0 1.063 .100 .106 .691 .143 .040 .102 .024
III ................................. 4,461.9 4,198.5 1.063 .100 .105 .688 .147 .042 .104 .023
IV .................................. 4,513.2 4,247.5 1.063 .100 .105 .695 .141 .040 .101 .022
1998:I .................................... 4,574.2 4,309.2 1.061 .099 .105 .697 .139 .037 .102 .022
II .................................. 4,618.8 4,352.0 1.061 .100 .104 .699 .136 .037 .099 .022
III r................................ 4,688.9 4,417.2 1.062 .099 .104 .699 .138 .037 .100 .022
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\1\ Output is measured by GDP of
nonfinancial corporate business in
chained (1992) dollars.
\2\ This is equal to the
deflator for gross domestic product
of nonfinancial corporate business
with the decimal point shifted two
places to the left.
\3\ Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
\4\ With inventory valuation and
capital consumption adjustments.
Source: Department of Commerce,
Bureau of Economic Analysis.