[Economic Indicators May, 2002]
[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]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                 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\
--------------------------------------------------------------------------------------------------------------------------------------------------------
1992 .........................   3,288.0   3,468.4        0.948         0.633      0.236       0.107      0.096     0.033     0.080      0.026     0.054
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..........................   4,435.1   4,404.2        1.007          .644       .237        .112       .098      .027      .126       .036      .090
1998 .........................   4,707.1   4,658.1        1.011          .656       .240        .112       .098      .030      .114       .033      .081
1999 .........................   5,006.1   4,920.9        1.017          .665       .244        .114       .097      .033      .108       .035      .073
2000 .........................   5,380.7   5,157.9        1.043          .685       .251        .118       .100      .033      .107       .036      .070
2001 .........................   5,538.9   5,215.7        1.062          .713       .262        .128       .102      .032      .086       .027      .060
 
1999:I .......................   4,905.3   4,839.2        1.014          .658       .242        .112       .097      .033      .114       .035      .079
      II .....................   4,958.7   4,882.4        1.016          .664       .243        .113       .097      .033      .109       .035      .074
      III ....................   5,029.5   4,941.7        1.018          .668       .247        .115       .098      .034      .103       .034      .069
      IV .....................   5,130.7   5,020.5        1.022          .669       .247        .115       .098      .034      .106       .035      .070
 
2000:I .......................   5,252.7   5,085.9        1.033          .675       .250        .116       .100      .034      .109       .037      .071
      II .....................   5,370.1   5,156.8        1.041          .679       .250        .116       .100      .034      .112       .038      .074
      III ....................   5,437.1   5,192.3        1.047          .686       .251        .118       .100      .033      .109       .037      .073
      IV .....................   5,463.0   5,196.7        1.051          .701       .253        .120       .101      .032      .097       .032      .065
 
2001:I .......................   5,496.3   5,205.3        1.056          .710       .256        .122       .102      .032      .089       .029      .060
      II .....................   5,539.7   5,216.3        1.062          .714       .261        .126       .103      .032      .086       .029      .057
      III ....................   5,541.1   5,181.5        1.069          .721       .269        .136       .100      .033      .080       .027      .053
      IV .....................   5,578.6   5,259.9        1.061          .709       .262        .127       .103      .032      .090       .022      .068
 
2002:I p......................   5,640.4   5,329.2        1.058          .703       .263        .127       .103      .033      .093       .024      .069
--------------------------------------------------------------------------------------------------------------------------------------------------------

    \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.

    Source: Department of Commerce, 
Bureau of Economic Analysis.