[Economic Indicators November, 2004]
[Page Number 3]
[From the U.S. Government Publishing Office, www.gpo.gov]
NONFINANCIAL CORPORATE BUSINESS-GROSS VALUE ADDED AND PRICE, COSTS, AND
PROFITS
[Quarterly data at seasonally adjusted annual rates]
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Gross value added Price per unit of real gross value added of nonfinancial corporate business (dollars) \1\ \2\
of nonfinancial ----------------------------------------------------------------------------------------------------------
corporate business Unit nonlabor cost Corporate profits with
(billions of --------------------------------------------------- inventory valuation and
dollars)\1\ Compensation capital consumption
Period -------------------- of employees Taxes on Net interest adjustments \4\
Total (unit labor Consumption production and ------------------------------
Current Chained cost) Total of fixed and imports miscellaneous Taxes on Profits
dollars (2000) capital \3\ payments Total corporate after
dollars income tax \5\
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1994 ............................................................ 3,669.5 3,832.0 0.958 0.621 0.227 0.102 0.099 0.026 0.109 0.035 0.074
1995 ............................................................ 3,879.5 3,999.1 .970 .628 .230 .104 .097 .029 .113 .035 .078
1996 ............................................................ 4,109.5 4,222.3 .973 .623 .225 .103 .096 .026 .124 .036 .088
1997 ............................................................ 4,401.8 4,493.0 .980 .626 .226 .104 .094 .028 .128 .036 .092
1998 ............................................................ 4,655.0 4,735.5 .983 .643 .226 .104 .092 .030 .114 .033 .080
1999 ............................................................ 4,950.8 5,009.9 .988 .652 .229 .105 .092 .032 .107 .034 .073
2000 ............................................................ 5,272.2 5,272.2 1.000 .672 .237 .108 .093 .036 .090 .032 .058
2001 ............................................................ 5,293.5 5,229.7 1.012 .688 .257 .124 .094 .039 .068 .021 .047
2002 ............................................................ 5,377.7 5,306.6 1.013 .679 .256 .124 .098 .034 .079 .017 .062
2003 ............................................................ 5,606.8 5,520.2 1.016 .670 .253 .123 .099 .031 .094 .024 .070
2001:I .......................................................... 5,315.8 5,295.0 1.004 .683 .248 .116 .094 .038 .073 .024 .048
II ........................................................ 5,321.3 5,259.0 1.012 .685 .254 .121 .094 .039 .072 .024 .048
III ....................................................... 5,279.1 5,199.6 1.015 .690 .260 .131 .089 .040 .066 .021 .044
IV ........................................................ 5,257.7 5,165.2 1.018 .692 .263 .126 .098 .039 .063 .016 .047
2002:I .......................................................... 5,309.6 5,237.8 1.014 .682 .259 .124 .098 .037 .074 .014 .060
II ........................................................ 5,375.6 5,299.7 1.014 .680 .256 .123 .098 .035 .078 .016 .062
III ....................................................... 5,392.8 5,330.5 1.012 .677 .254 .123 .098 .033 .079 .018 .062
IV ........................................................ 5,432.9 5,358.4 1.014 .675 .254 .124 .098 .032 .084 .019 .065
2003:I .......................................................... 5,443.0 5,366.5 1.014 .676 .257 .125 .100 .032 .082 .022 .060
II ........................................................ 5,547.8 5,463.8 1.015 .671 .252 .123 .098 .031 .092 .022 .070
III ....................................................... 5,669.0 5,579.6 1.016 .666 .252 .122 .099 .031 .098 .024 .074
IV ........................................................ 5,767.5 5,670.7 1.017 .665 .250 .121 .099 .030 .102 .026 .076
2004:I .......................................................... 5,839.4 5,711.5 1.022 .668 .249 .118 .100 .031 .106 .026 .080
II ........................................................ r 5,955. r 5,770. 1.032 .672 .249 .118 .100 .031 .111 .029 r .082
5 9
III p...................................................... 6,041.4 5,850.1 1.033 .672 .250 .125 .095 .030 .111 .029 .082
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\1\ Estimates for nonfinancial
corporate business for 2000 and
earlier periods are based on the
Standard Industrial Classification
(SIC); later estimates are based on
the North American Industry
Classification System (NAICS).
\2\ The implicit price deflator
for gross value added of
nonfinancial corporate business
divided by 100.
\3\ Less subsidies plus business
current transfer payments.
\4\ Unit profits from current
production.
\5\ With inventory valuation and
capital consumption adjustments.
Note.--See Note, p.5.
Source: Department of Commerce,
Bureau of Economic Analysis.