[Economic Indicators August, 2005]
[Page Number 34]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS

In the second quarter of 2005, according to preliminary estimates, 
Federal current receipts rose $47.5 billion (annual rate) and Federal 
current expenditures rose $30.1 billion.
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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
                                   -------------------------------------------------------------------------------------------------------------------------------------------------
                                                       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     social    assets   receipts  enterprises               di-      ments      ments                  saving
                                                          rent    imports   income    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............................   1,853.2   1,075.5    830.5      87.3     150.5     734.3      20.2      24.8       -1.6      2,101.1    591.5    1,243.0      229.1       37.5       -247.9
  2003............................   1,868.6   1,059.2    774.3      89.7     186.7     759.1      22.7      25.7        1.9      2,251.4    661.9    1,327.7      215.2       46.5       -382.7
  2004............................   1,974.8   1,122.4    801.8      94.0     217.4     802.5      21.9      28.6        -.5      2,381.3    725.7    1,391.2      221.5       43.0       -406.5
 
2002:I............................   1,845.9   1,071.3    843.1      84.9     136.3     732.1      21.1      25.7       -4.3      2,054.4    571.3    1,215.1      229.9       38.1       -208.5
      II..........................   1,854.1   1,077.5    835.2      87.7     147.4     735.5      20.1      24.9       -3.9      2,095.5    585.0    1,240.7      233.3       36.5       -241.4
      III.........................   1,856.1   1,075.4    825.8      88.5     153.9     735.0      19.8      24.5        1.4      2,103.4    591.4    1,247.6      227.7       36.7       -247.3
      IV..........................   1,856.6   1,078.0    818.0      88.0     164.2     734.4      19.9      24.0         .3      2,151.1    618.5    1,268.5      225.4       38.7       -294.6
 
2003:I............................   1,881.4   1,084.4    806.7      90.1     180.7     749.0      19.5      24.8        3.7      2,177.4    634.7    1,285.0      217.0       42.0       -296.0
      II..........................   1,896.3   1,089.6    811.2      89.7     178.8     756.4      22.8      25.5        2.1      2,270.1    667.6    1,332.1      214.9       54.2       -373.8
      III.........................   1,808.9     994.5    708.8      88.8     189.1     762.9      24.0      26.2        1.4      2,265.1    668.4    1,339.0      212.2       45.5       -456.2
      IV..........................   1,887.9   1,068.2    770.6      90.2     198.1     768.0      24.6      26.5         .6      2,292.9    676.8    1,354.8      216.8       44.4       -405.0
 
2004:I............................   1,917.8   1,080.7    771.3      93.4     206.9     787.2      22.0      27.6         .3      2,347.2    710.7    1,379.3      216.9       41.8       -429.3
      II..........................   1,951.4   1,108.1    786.3      93.4     219.9     793.5      21.5      28.1         .3      2,364.9    721.1    1,382.6      218.4       41.3       -413.4
      III.........................   1,975.4   1,119.4    810.0      94.0     207.5     806.0      21.8      28.7        -.4      2,387.0    735.7    1,384.0      224.5       42.8       -411.6
      IV..........................   2,054.6   1,181.3    839.7      95.1     235.3     823.4      22.2      30.0       -2.3      2,426.2    735.1    1,419.0      226.1       46.1       -371.6
 
2005:I r..........................   2,196.6   1,305.1    908.3      95.4     291.7     841.1      23.0      30.4       -2.9      2,494.9    759.6    1,458.7      226.6       50.1       -298.3
      II r........................   2,244.1   1,343.1    930.7      98.2     305.4     850.3      24.2      30.2       -3.6      2,525.0    761.9    1,459.8      250.8       52.6       -280.9
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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 2005:I.

    Source: Department of Commerce, 
Bureau of Economic Analysis.