[Economic Indicators November, 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\
--------------------------------------------------------------------------------------------------------------------------------------------------------
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 r........................   4,435.1   4,404.2        1.007          .644       .237        .112       .098      .027      .126       .036      .090
1998 r........................   4,728.1   4,679.9        1.010          .653       .239        .113       .098      .028      .120       .034      .086
1999 r........................   5,048.8   4,957.1        1.019          .659       .241        .115       .097      .029      .119       .034      .085
 
1997:I r......................   4,319.1   4,295.3        1.006          .645       .237        .112       .098      .027      .124       .035      .089
      II r....................   4,389.6   4,358.7        1.007          .644       .238        .112       .099      .027      .125       .035      .090
      III r...................   4,479.0   4,447.3        1.007          .641       .237        .112       .098      .027      .129       .037      .092
      IV r....................   4,552.6   4,515.7        1.008          .646       .237        .112       .097      .028      .126       .036      .090
 
1998:I r......................   4,619.1   4,580.9        1.008          .650       .236        .112       .097      .027      .121       .034      .087
      II r....................   4,681.7   4,640.0        1.009          .652       .238        .112       .098      .028      .119       .034      .084
      III r...................   4,773.0   4,718.0        1.012          .653       .237        .113       .096      .028      .122       .035      .087
      IV r....................   4,838.5   4,780.7        1.012          .655       .239        .113       .099      .027      .117       .033      .084
 
1999:I r......................   4,923.1   4,843.5        1.016          .657       .238        .114       .097      .027      .121       .033      .088
      II r....................   4,999.7   4,904.4        1.019          .660       .240        .115       .097      .028      .119       .034      .085
      III r...................   5,080.6   4,987.0        1.019          .661       .242        .116       .097      .029      .116       .034      .083
      IV r....................   5,191.9   5,093.6        1.019          .658       .243        .115       .098      .030      .118       .034      .084
 
2000:I r......................   5,300.3   5,171.0        1.025          .658       .245        .116       .099      .030      .122       .036      .086
      II r....................   5,414.0   5,251.2        1.031          .659       .247        .117       .099      .031      .126       .037      .089
      III p...................   5,485.5   5,312.4        1.033          .661       .248        .118       .098      .032      .124       .036      .088
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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 adjustments.

    Note.--Revised data for real 
gross product of nonfinancial 
corporate business for 1997 through 
2000 were released November 29, 
2000. The revisions reflect new and 
revised estimates of the industry-
based price index used for 
deflation.

    Source: Department of Commerce, 
Bureau of Economic Analysis.