[Economic Indicators July, 2003]
[Page Number 4]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                            NATIONAL INCOME

                                        [Billions of dollars; quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                       Proprietors' income                  Corporate profits with inventory valuation and
                                                         with inventory       Rental                capital consumption adjustments
                                                          valuation and     income  of --------------------------------------------------------
                                            Compen-    capital consumption    persons              Profits with inventory valuation
                                 National    sation        adjustments         with                  adjustment and without capital   Capital      Net
            Period                income       of    ----------------------   capital                   consumption adjustment        consump-  interest
                                            employ-                          consump-     Total   ----------------------------------    tion
                                             ees\1\                            tion                            Profits    Inventory   adjust-
                                                         Farm     Nonfarm   adjustment               Total      before    valuation     ment
                                                                                                                 tax     adjustment
--------------------------------------------------------------------------------------------------------------------------------------------------------
1993 .........................    5,251.9    3,814.4       30.1      431.7        90.9      510.5      506.4      510.4        -4.0        4.1     374.3
1994 .........................    5,556.8    4,016.2       31.9      444.6       110.3      573.2      561.0      573.4       -12.4       12.2     380.5
1995 .........................    5,876.7    4,202.5       22.2      475.5       117.9      668.8      650.2      668.5       -18.3       18.6     389.8
1996 .........................    6,210.4    4,395.6       34.3      510.5       129.7      754.0      729.4      726.3         3.1       24.6     386.3
1997 .........................    6,618.4    4,651.3       29.7      551.5       128.3      833.8      800.8      792.4         8.4       32.9     423.9
1998 .........................    7,041.4    4,989.6       25.6      598.2       138.6      777.4      739.4      721.1        18.3       38.0     511.9
1999 .........................    7,468.7    5,308.8       27.7      650.7       149.1      805.8      757.9      762.1        -4.2       47.9     526.6
2000 .........................    7,984.4    5,723.4       22.6      692.2       146.6      788.1      767.3      782.3       -15.0       20.8     611.5
2001 .........................    8,122.0    5,874.9       19.0      708.8       137.9      731.6      675.1      670.2         5.0       56.5     649.8
2002 .........................    8,340.1    5,969.5       12.9      743.7       142.4      787.4      658.3      665.2        -6.9      129.1     684.2
 
2000:I .......................    7,860.2    5,627.3       22.3      680.2       151.4      807.6      774.3      796.9       -22.6       33.4     571.3
      II .....................    7,954.5    5,670.5       25.0      693.8       146.7      807.3      784.2      800.5       -16.4       23.1     611.1
      III ....................    8,048.3    5,773.1       21.7      696.9       144.9      787.7      772.3      780.6        -8.3       15.4     624.0
      IV .....................    8,074.8    5,822.7       21.2      698.1       143.5      749.7      738.6      751.1       -12.5       11.1     639.6
 
2001:I .......................    8,092.1    5,878.9       19.3      701.9       137.0      706.5      696.9      707.0       -10.1        9.6     648.5
      II .....................    8,110.1    5,879.3       18.4      708.2       134.3      721.4      714.0      720.2        -6.2        7.3     648.6
      III ....................    8,089.1    5,880.4       19.3      713.1       140.8      687.2      663.2      654.3         8.9       23.9     648.3
      IV .....................    8,196.8    5,860.9       19.2      712.1       139.3      811.4      626.3      599.1        27.2      185.1     653.9
 
2002:I .......................    8,268.5    5,908.4       21.7      726.7       141.3      797.6      641.3      639.4         1.9      156.3     672.8
      II .....................    8,328.0    5,963.9        7.5      740.0       153.5      785.0      652.2      657.9        -5.7      132.8     678.1
      III ....................    8,349.9    5,988.4       10.7      748.0       144.1      771.0      653.4      668.5       -15.1      117.6     687.6
      IV .....................    8,413.9    6,017.4       11.7      759.9       130.6      796.1      686.4      694.9        -8.5      109.7     698.3
 
2003:I .......................    8,512.3    6,081.2       14.2      770.2       126.9      816.5      701.2      728.1       -26.9      115.3     703.3
      II p....................  .........    6,110.2       15.2      788.3       116.4  .........  .........  .........  ..........      199.4     700.0
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    \1\ Includes employer 
contributions for social insurance. 
(See also p. 5.)


    Source: Department of Commerce, 
Bureau of Economic Analysis.