[Economic Indicators May, 2000]
[Page Number 3]
[From the U.S. Government Publishing Office, www.gpo.gov]


NONFINANCIAL CORPORATE BUSINESS-OUTPUT, PRICE, COSTS, AND PROFITS

                                                  [Quarterly data at seasonally adjusted annual rates]
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                                 Gross product  of                       Price, costs, and profits per unit of real output (dollars)
                                   nonfinancial    -----------------------------------------------------------------------------------------------------
                                corporate business                                          Unit nonlabor cost                 Corporate profits with
                                    (billions of      Price per                -------------------------------------------    inventory valuation and
                                     dollars)       unit of real  Compensation                                                  capital consumption
            Period             --------------------     gross     of employees                         Indirect                   adjustments \3\
                                                     product of    (unit labor            Consumption  business     Net   ------------------------------
                                 Current   Chained  nonfinancial      cost)       Total    of  fixed     tax,    interest             Profits    Profits
                                 dollars   (1996)     corporate                             capital     etc.\2\              Total      tax       after
                                           dollars  business \1\                                                                     liability   tax \4\
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1991 .........................   3,150.6   3,381.9        0.932         0.617      0.240       0.105      0.093     0.042     0.075      0.025     0.049
1992 .........................   3,288.0   3,468.4         .948          .633       .236        .107       .096      .033      .080       .026      .054
1993 .........................   3,457.6   3,573.8         .967          .641       .236        .108       .098      .030      .091       .029      .062
1994 .........................   3,737.2   3,801.5         .983          .639       .238        .109       .101      .028      .106       .034      .072
1995 .........................   3,945.9   3,960.1         .996          .645       .239        .110       .100      .029      .112       .035      .077
1996 .........................   4,159.5   4,159.5        1.000          .641       .236        .111       .099      .026      .122       .036      .086
1997 .........................   4,464.4   4,439.6        1.006          .644       .235        .111       .097      .027      .127       .036      .091
1998 .........................   4,766.4   4,736.6        1.006          .652       .232        .110       .096      .026      .122       .032      .090
1999 .........................   5,072.5   5,013.9        1.012          .658       .234        .111       .097      .026      .120       .033      .087
 
2000:I r......................    124.12    117.20       105.86        105.91        8.2         5.4        2.7       2.7
1997:I .......................   4,343.9   4,325.1        1.004          .643       .235        .111       .097      .027      .126       .035      .090
      II .....................   4,418.0   4,391.9        1.006          .644       .236        .111       .098      .027      .126       .035      .091
      III ....................   4,513.4   4,486.0        1.006          .642       .234        .110       .097      .027      .130       .037      .093
      IV .....................   4,582.5   4,555.3        1.006          .648       .233        .110       .096      .027      .125       .035      .090
 
1998:I .......................   4,656.2   4,633.9        1.005          .649       .232        .110       .096      .026      .124       .033      .091
      II .....................   4,716.9   4,692.1        1.005          .652       .232        .110       .096      .026      .121       .033      .089
      III ....................   4,813.9   4,777.9        1.008          .653       .231        .110       .095      .026      .124       .033      .091
      IV .....................   4,878.6   4,842.5        1.007          .656       .234        .110       .098      .026      .118       .031      .088
 
1999:I .......................   4,956.7   4,911.0        1.009          .656       .232        .110       .096      .026      .122       .032      .089
      II .....................   5,022.8   4,964.2        1.012          .659       .232        .110       .096      .026      .121       .034      .087
      III ....................   5,102.5   5,044.0        1.012          .659       .235        .112       .096      .027      .118       .034      .084
      IV .....................   5,207.9   5,136.5        1.014          .657       .236        .111       .098      .027      .121       .034      .086
 
2000:I p......................   5,321.2   5,228.1        1.018          .657       .236        .111       .098      .027      .125       .036      .089
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    \1\ The deflator for gross 
product of nonfinancial corporate 
business divided by 100.
    \2\ Indirect business tax and 
nontax liability plus business 
transfer payments less subsidies.
    \3\ Unit profits from current 
production.
    \4\ With inventory valuation and 
capital consumption adjustment.

    Source: Department of Commerce, 
Bureau of Economic Analysis.