[Economic Indicators February, 2005]
[Page Number 34]
[From the U.S. Government Publishing Office, www.gpo.gov]
FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS
In the fourth quarter of 2004, according to revised estimates, Federal
current expenditures rose $48.9 billion (annual rate); receipts data are
incomplete.
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[Billions of dollars; quarterly data at seasonally adjusted annual rates]
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Federal Government current receipts Federal Government current expenditures
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Current tax receipts Contri-
--------------------------------------- butions Con- Net
for Income Current sump- Cur- rent Federal
Period Per- Taxes on Taxes on govern- receipts Current surplus of tion trans- Inter- Subsi- Govern-
Total sonal produc- corpo- ment on transfer government Total \2\ expen- fer pay- est pay- dies ment
Total\1\ cur- tion and rate in- social assets receipts enterprises di- ments ments saving
rent imports come insur- tures
taxes ance
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Calendar year:
1995 ........................... 1,406.5 845.1 586.0 75.9 179.3 519.2 23.7 19.1 -0.6 1,603.5 440.5 839.0 290.4 33.7 -197.0
1996 ........................... 1,524.0 932.4 663.4 73.2 190.6 542.8 26.9 23.1 -1.2 1,665.8 446.3 888.3 297.3 34.0 -141.8
1997 ........................... 1,653.1 1,030.6 744.3 78.2 203.0 576.4 25.9 19.9 .3 1,708.9 457.7 918.8 300.0 32.4 -55.8
1998 ........................... 1,773.8 1,116.8 825.8 81.1 204.2 613.8 21.5 21.5 .1 1,734.9 454.6 946.5 298.8 35.0 38.8
1999 ........................... 1,891.2 1,195.7 893.0 83.9 213.0 651.6 21.5 22.7 -.3 1,787.6 475.1 986.1 282.7 43.8 103.6
2000 ........................... 2,053.8 1,313.6 999.1 87.8 219.4 691.7 25.2 25.7 -2.3 1,864.4 499.3 1,038.1 283.3 43.8 189.5
2001 ........................... 2,016.2 1,252.2 994.5 85.8 164.7 717.5 24.9 27.1 -5.5 1,969.5 531.9 1,131.4 258.6 47.6 46.7
2002 ........................... 1,847.3 1,069.0 831.2 87.3 143.4 733.8 20.3 24.8 -.6 2,101.8 592.7 1,243.0 229.0 37.2 -254.5
2003 ........................... 1,877.0 1,064.5 775.8 89.4 191.4 758.2 23.0 25.5 5.8 2,241.6 658.6 1,322.5 214.1 46.4 -364.5
2004 r.......................... ........ ........ 790.9 90.0 ........ 803.7 23.0 26.8 4.1 2,341.5 704.6 1,378.1 219.0 39.7 ...........
2001:I ........................... 2,089.2 1,323.0 1,047.3 87.6 180.7 716.4 26.4 27.2 -3.8 1,932.6 518.4 1,095.4 274.5 44.3 156.6
II ......................... 2,080.5 1,315.6 1,045.7 86.9 176.6 718.1 25.2 27.3 -5.7 1,956.9 528.0 1,121.2 263.7 44.0 123.6
III ........................ 1,895.4 1,132.0 881.0 84.2 159.7 717.9 24.4 27.1 -6.1 1,984.0 532.7 1,135.5 253.3 62.5 -88.6
IV ......................... 1,999.6 1,238.1 1,004.1 84.6 141.6 717.6 23.5 26.6 -6.2 2,004.3 548.4 1,173.4 242.8 39.7 -4.7
2002:I ........................... 1,844.6 1,070.4 846.9 85.1 131.4 731.3 21.3 25.4 -3.7 2,053.1 570.7 1,216.9 228.5 37.0 -208.5
II ......................... 1,850.5 1,074.1 835.6 87.8 143.2 734.6 20.2 24.9 -3.3 2,102.1 586.3 1,243.2 236.5 36.1 -251.6
III ........................ 1,847.9 1,066.6 824.4 88.2 146.9 734.3 19.9 24.7 2.4 2,103.1 593.4 1,246.9 226.2 36.6 -255.1
IV ......................... 1,846.2 1,064.8 817.7 88.0 152.2 734.9 19.8 24.3 2.3 2,148.8 620.3 1,264.8 224.7 39.0 -302.7
2003:I ........................... 1,888.6 1,089.7 809.6 90.3 183.1 747.7 19.4 25.1 6.6 2,170.2 634.3 1,280.8 213.9 42.5 -281.6
II ......................... 1,902.5 1,094.2 811.6 89.6 183.1 754.0 22.8 25.4 6.0 2,266.9 665.7 1,327.5 217.7 54.6 -364.4
III ........................ 1,816.4 999.3 709.2 88.0 194.3 761.6 24.3 25.8 5.5 2,249.4 663.0 1,331.1 210.1 45.3 -433.0
IV ......................... 1,900.6 1,074.9 772.5 89.6 204.9 769.5 25.5 25.6 5.0 2,279.8 671.3 1,350.6 214.7 43.2 -379.2
2004:I ........................... 1,915.3 1,073.9 768.3 89.0 207.9 787.9 22.9 26.1 4.6 2,306.3 691.1 1,365.9 211.1 39.7 -391.0
II ......................... 1,949.1 1,098.5 781.5 89.3 219.5 797.6 22.2 26.2 4.5 2,329.1 700.3 1,367.9 220.7 38.7 -380.0
III r....................... 1,965.8 1,101.9 799.6 89.2 204.9 810.1 22.9 26.6 4.3 2,340.8 713.0 1,368.8 220.0 39.0 -375.0
IV r........................ ........ ........ 814.3 92.3 ........ 819.0 23.8 28.4 3.1 2,389.7 714.2 1,409.8 224.2 41.6 ...........
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\1\ Includes taxes from the rest
of the world, not shown separately.
\2\ Includes a subtraction for
wage accruals less disbursements,
not shown separately.
Note.--Revisions include changes
to series affected by revised wage
and salary estimates for 2004:III.
Source: Department of Commerce,
Bureau of Economic Analysis.