[Economic Indicators April, 2008]
[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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1998 ............................................................ 4,655.0 4,725.4 0.985 0.645 0.226 0.104 0.092 0.030 0.114 0.034 0.080
1999 ............................................................ 4,950.8 5,011.0 .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 5,224.5 1.013 .688 .257 .124 .094 .039 .068 .021 .047
2002 ............................................................ 5,371.7 5,269.7 1.019 .685 .253 .122 .099 .032 .081 .018 .063
2003 ............................................................ 5,558.4 5,387.5 1.032 .687 .253 .122 .103 .028 .091 .025 .066
2004 ............................................................ 5,956.4 5,662.1 1.052 .683 .249 .121 .103 .025 .120 .034 .087
2005 ............................................................ 6,319.4 5,836.9 1.083 .699 .256 .127 .106 .023 .128 .045 .083
2006 ............................................................ 6,689.4 6,011.3 1.113 .718 .260 .129 .109 .022 .135 .048 .088
2007 ............................................................ 6,942.5 6,139.4 1.131 .741 .261 .130 .109 .022 .128 .051 .077
2005:I .......................................................... 6,170.9 5,753.6 1.073 .694 .253 .122 .107 .024 .126 .043 .082
II ........................................................ 6,291.1 5,836.3 1.078 .691 .253 .122 .108 .023 .134 .045 .089
III ....................................................... 6,349.9 5,842.2 1.087 .704 .260 .138 .100 .022 .122 .045 .077
IV ........................................................ 6,465.6 5,915.5 1.093 .705 .255 .126 .107 .022 .132 .048 .084
2006:I .......................................................... 6,594.1 5,981.3 1.102 .710 .256 .126 .108 .022 .136 .047 .090
II ........................................................ 6,639.8 5,968.6 1.112 .715 .261 .129 .109 .023 .137 .048 .089
III ....................................................... 6,739.1 6,033.1 1.117 .714 .259 .129 .108 .022 .144 .050 .094
IV ........................................................ 6,784.5 6,062.2 1.119 .733 .261 .130 .109 .022 .125 .047 .078
2007:I .......................................................... 6,865.0 6,075.5 1.130 .740 .261 .131 .108 .022 .129 .049 .079
II ........................................................ 6,938.0 6,119.2 1.134 .740 .262 .131 .109 .022 .132 .053 .079
III ....................................................... 6,973.5 6,174.9 1.129 .740 .261 .130 .109 .022 .128 .050 .078
IV ........................................................ 6,993.4 6,188.0 1.130 .745 .263 .130 .110 .023 .122 .051 .072
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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.
Source: Department of Commerce,
Bureau of Economic Analysis.