[Economic Indicators November, 1999] [Page Number 34] [From the U.S. Government Publishing Office, www.gpo.gov] FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS In the third quarter of 1999, according to preliminary estimates, Federal current receipts rose $29.7 (annual rate) and Federal current expenditures rose $13.1 billion. ________________________________________________________________________________________________________________________________________________ [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Federal Government current 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 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Calendar year: 1991 .............................................. 1,072.3 465.2 109.9 78.5 418.6 1,287.6 439.1 463.4 131.6 225.2 28.2 -0.1 -215.3 1992 .............................................. 1,121.3 479.4 118.8 81.3 441.8 1,418.9 445.8 565.2 149.1 229.2 29.6 .0 -297.5 1993 .............................................. 1,197.3 509.9 138.5 85.3 463.7 1,471.5 442.6 597.9 162.6 230.2 38.2 .0 -274.1 1994 .............................................. 1,293.7 547.8 156.7 95.2 493.9 1,506.0 439.7 618.6 174.5 239.6 33.6 .0 -212.3 1995 .............................................. 1,383.7 591.8 179.3 93.0 519.6 1,575.7 439.2 652.1 184.5 267.5 32.4 .0 -192.0 1996 .............................................. 1,499.1 670.0 190.6 95.1 543.3 1,635.9 445.3 691.6 190.4 273.6 35.1 .0 -136.8 1997 .............................................. 1,627.2 750.9 204.2 94.9 577.2 1,676.0 457.0 716.6 195.7 276.3 30.4 .0 -48.8 1998 .............................................. 1,750.7 835.7 206.5 97.3 611.2 1,703.8 453.5 730.4 209.3 278.4 32.1 .0 46.9 1996:I .............................................. 1,446.9 637.5 187.3 90.4 531.8 1,623.4 441.8 686.9 185.5 273.9 35.4 .0 -176.5 II ............................................ 1,495.6 674.4 192.0 89.0 540.2 1,632.6 447.0 684.7 194.0 271.5 35.4 .0 -137.0 III ........................................... 1,503.4 675.6 190.9 89.7 547.2 1,633.5 442.9 689.2 193.0 273.7 34.7 .0 -130.1 IV ............................................ 1,550.5 692.6 192.3 111.3 554.2 1,654.2 449.4 705.8 189.2 275.1 34.8 .0 -103.7 1997:I .............................................. 1,573.8 723.0 196.2 89.4 565.2 1,661.2 452.7 709.3 192.8 273.6 32.7 .0 -87.4 II ............................................ 1,609.0 740.1 199.9 96.7 572.4 1,672.2 461.6 712.7 192.2 275.2 30.5 .0 -63.2 III ........................................... 1,648.0 759.0 211.5 97.2 580.4 1,675.9 458.1 715.6 195.9 277.1 29.1 .0 -27.9 IV ............................................ 1,677.8 781.5 209.3 96.2 590.8 1,694.6 455.6 728.6 201.7 279.4 29.2 .0 -16.8 1998:I .............................................. 1,704.8 803.3 206.2 95.8 599.5 1,680.0 445.1 724.4 202.1 279.8 28.6 .0 24.9 II ............................................ 1,734.4 824.0 207.2 96.4 606.9 1,690.9 457.4 724.2 200.8 280.0 28.4 .0 43.5 III ........................................... 1,770.3 847.3 209.9 97.7 615.4 1,710.7 451.4 731.0 220.2 279.6 28.5 .0 59.6 IV ............................................ 1,793.3 868.1 202.6 99.6 623.1 1,733.5 460.0 742.1 214.2 274.3 42.9 .0 59.7 1999:I .............................................. 1,826.5 877.9 212.6 99.5 636.5 1,728.9 467.0 743.4 219.9 266.0 32.6 .0 97.6 II ............................................ 1,853.1 892.1 218.1 100.0 642.9 1,735.0 465.2 749.7 215.7 264.8 39.5 .0 118.1 III r.......................................... 1,882.8 907.7 222.2 101.9 651.1 1,748.1 474.6 754.4 230.6 259.4 29.1 .0 134.7 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Source: Department of Commerce, Bureau of Economic Analysis.