[Economic Indicators May, 2007]
[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]
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                                                                     Proprietors'                Corporate profits with inventory valuation and
                                                                      income \1\                        capital consumption adjustments
                                                                  -----------------   Rental   -------------------------------------------------                                         Current
                                                          Compen-                   income  of              Profits with inventory                               Taxes           Busi-   surplus
                                                          sation                      persons              valuation adjustment and     Capital  Net  interest  on pro-  Less:    ness   of gov-
                   Period                      National     of                         with               without capital consumption    con-         and         duc-  Subsi-  current    ern-
                                                income    employ-                     capital                     adjustment             sump-   miscellaneous   tion    dies    trans-    ment
                                                            ees     Farm   Nonfarm   consump-    Total  ------------------------------   tion     pay-  ments   and im-         fer pay-  enter-
                                                                                       tion                       Profits   Inventory   adjust-                  ports            ments   prises
                                                                                    adjustment            Total    before   valuation    ment
                                                                                                                    tax    adjustment
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1997 .......................................    7,292.2   4,661.7    34.2    541.8      128.8     868.5    812.3    798.2       14.1       56.2       415.6      612.0    32.9     49.9     12.6
1998 .......................................    7,752.8   5,019.4    29.4    598.4      137.5     801.6    738.5    718.3       20.2       63.1       487.1      639.8    35.4     64.7     10.3
1999 .......................................    8,236.7   5,357.1    28.6    649.7      147.3     851.3    776.8    775.9        1.0       74.5       495.4      674.0    44.2     67.4     10.1
2000 .......................................    8,795.2   5,782.7    22.7    705.7      150.3     817.9    759.3    773.4      -14.1       58.6       559.0      708.9    44.3     87.1      5.3
2001 .......................................    8,979.8   5,942.1    19.7    752.2      167.4     767.3    719.2    707.9       11.3       48.1       566.3      728.6    55.3     92.8     -1.4
2002 .......................................    9,229.3   6,091.2    10.6    757.8      152.9     886.3    766.2    768.4       -2.2      120.1       520.9      762.8    38.4     84.3       .9
2003 .......................................    9,632.3   6,325.4    29.2    782.1      133.0     993.1    894.5    908.1      -13.6       98.7       524.7      807.2    47.9     83.8      1.7
2004 .......................................   10,255.9   6,650.3    36.2    874.9      127.0   1,182.6  1,104.5  1,144.3      -39.8       78.1       485.1      864.0    44.7     85.5     -5.0
2005 .......................................   10,811.8   7,030.3    30.2    940.4       72.8   1,330.7  1,486.1  1,518.7      -32.6     -155.5       483.4      922.4    57.3     74.2    -15.4
2006 r......................................   11,711.0   7,498.4    22.6    992.5       77.4   1,615.7  1,776.6  1,810.9      -34.4     -160.9       509.3      965.1    52.5     92.6     -9.9
 
2003:III ...................................    9,699.3   6,365.8    32.1    791.5      116.3   1,016.2    912.9    918.3       -5.3      103.3       526.4      812.9    46.5     84.1       .5
      IV ...................................    9,885.4   6,444.3    32.5    808.3      147.6   1,076.5    983.6  1,003.5      -19.9       92.9       513.7      828.0    47.3     83.3     -1.5
 
2004:I .....................................   10,084.3   6,521.9    38.1    839.4      140.1   1,158.1  1,061.7  1,091.7      -30.0       96.4       501.8      845.4    43.7     85.4     -2.3
      II ...................................   10,207.0   6,590.2    39.5    870.6      132.0   1,183.3  1,097.2  1,144.7      -47.5       86.0       493.4      858.2    42.8     86.1     -3.6
      III ..................................   10,243.5   6,689.6    32.9    882.2      112.7   1,154.0  1,086.9  1,125.5      -38.6       67.1       475.7      867.2    44.3     79.1     -5.6
      IV ...................................   10,488.6   6,799.4    34.3    907.3      123.4   1,234.9  1,172.1  1,215.2      -43.1       62.8       469.4      885.2    47.8     91.2     -8.6
 
2005:I .....................................   10,702.3   6,889.6    33.9    918.9      118.5   1,320.0  1,453.1  1,492.3      -39.2     -133.1       483.7      901.6    52.3     97.6     -9.1
      II ...................................   10,795.4   6,953.7    28.7    937.1      102.8   1,342.9  1,487.4  1,508.3      -21.0     -144.5       477.1      920.2    55.6     99.9    -11.3
      III ..................................   10,643.2   7,093.6    29.7    937.7      -11.5   1,266.3  1,444.9  1,475.8      -30.9     -178.6       482.9      930.2    58.1       .2    -27.7
      IV ...................................   11,106.2   7,184.4    28.7    968.1       81.5   1,393.5  1,559.1  1,598.3      -39.2     -165.6       490.0      937.3    63.1     99.1    -13.3
 
2006:I .....................................   11,551.3   7,400.3    23.9    984.4       76.8   1,569.1  1,717.7  1,740.6      -22.9     -148.6       514.8      952.5    55.1     93.8     -9.2
      II ...................................   11,611.5   7,425.5    17.5    994.3       71.4   1,591.8  1,752.6  1,811.5      -58.9     -160.8       513.2      966.4    52.3     93.1     -9.4
      III ..................................   11,733.7   7,489.3    21.7    993.2       78.3   1,653.3  1,815.8  1,854.0      -38.2     -162.4       498.6      968.6    51.8     92.8    -10.2
      IV r..................................   11,947.6   7,678.7    27.3    998.0       83.1   1,648.4  1,820.2  1,837.6      -17.5     -171.7       510.4      972.9    51.0     90.8    -10.9
 
2007:I r....................................   12,048.3   7,750.5    31.7  1,006.9       86.0   1,668.7  1,826.0  1,858.5      -32.5     -157.3       494.0      978.9    50.1     95.1    -13.4
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    \1\ With inventory valuation and 
capital consumption adjustments.

    Note.--Revisions include changes 
to series affected by revised wage 
and salary estimates for 2006:IV.

    Source: Department of Commerce, 
Bureau of Economic Analysis.