[Economic Report of the President (1996)]
[Administration of William J. Clinton]
[Online through the Government Publishing Office, www.gpo.gov]

[DOCID: f:erp_b10._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 104-161
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]


Table B-10.--Gross domestic product of nonfinancial corporate business, 1959-95
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net domestic product
----------------------------------------------------------------------------------------------------------------------------------------------
Domestic income
Gross                                     --------------------------------------------------------------------------------------------------------------------------
domestic                                                                 Corporate profits with inventory valuation and capital  consumption adjustments
product  of  Consumption            Indirect                         -----------------------------------------------------------------------------------------
Year or  quarter                         nonfinancial    of  fixed                                                                              Profits
corporate     capital      Total   business            Compensation          -------------------------------------------------------                             Net
business                                       Total        of                                            Profits after tax           Inventory    Capital    interest
taxes\1\              employees    Total   Profits   Profits  -----------------------------------  valuation  consumption
before     tax                         Undistributed  adjustment   adjustment
tax   liability   Total   Dividends      profits
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959..........................................................       267.5         26.3       241.2     26.0      215.2       171.5       40.6     43.6      20.7      22.9      10.0         12.9          -0.3        -2.8        3.1

1960..........................................................       278.1         27.2       250.9     28.3      222.6       181.2       38.0     40.3      19.2      21.1      10.6         10.6           -.2        -2.2        3.5
1961..........................................................       285.5         27.8       257.8     29.5      228.2       185.3       38.9     40.1      19.5      20.7      10.6         10.1            .3        -1.5        4.0
1962..........................................................       311.7         28.8       282.9     32.0      250.9       200.1       46.3     45.0      20.6      24.3      11.4         13.0            .0         1.3        4.5
1963..........................................................       331.8         29.8       302.0     34.0      267.9       211.1       52.0     49.8      22.8      27.0      12.6         14.4            .1         2.2        4.8
1964..........................................................       358.1         31.3       326.8     36.6      290.2       226.7       58.2     56.0      24.0      32.1      13.7         18.4           -.5         2.7        5.3

1965..........................................................       393.5         33.5       360.0     39.2      320.8       246.5       68.2     66.2      27.2      39.0      15.6         23.4          -1.2         3.3        6.1
1966..........................................................       431.0         36.7       394.3     40.5      353.8       274.0       72.5     71.4      29.5      41.9      16.8         25.1          -2.1         3.2        7.4
1967..........................................................       453.4         40.1       413.4     43.1      370.3       292.3       69.2     67.5      27.8      39.7      17.5         22.2          -1.6         3.3        8.8
1968..........................................................       500.5         43.8       456.7     49.7      407.0       323.2       73.6     74.0      33.6      40.4      19.1         21.3          -3.7         3.3       10.1
1969..........................................................       543.3         47.5       495.8     54.7      441.1       358.8       69.1     70.8      33.3      37.5      19.1         18.4          -5.9         4.1       13.2

1970..........................................................       561.4         51.6       509.8     58.8      451.0       378.7       55.2     58.1      27.2      31.0      18.5         12.5          -6.6         3.6       17.1
1971..........................................................       606.4         56.3       550.1     64.5      485.6       402.0       65.5     67.1      29.9      37.1      18.5         18.7          -4.6         3.0       18.1
1972..........................................................       673.3         62.1       611.2     69.2      542.1       447.1       75.8     78.6      33.8      44.8      20.1         24.7          -6.6         3.9       19.2
1973..........................................................       754.5         67.6       686.8     76.3      610.5       505.9       82.1     98.6      40.2      58.4      21.1         37.3         -20.0         3.6       22.5
1974..........................................................       814.6         78.7       736.0     81.4      654.6       556.8       69.5    109.2      42.2      67.0      21.7         45.2         -39.5         -.2       28.3

1975..........................................................       881.2         94.4       786.8     87.4      699.5       580.3       90.4    109.9      41.5      68.4      24.8         43.6         -11.0        -8.5       28.7
1976..........................................................       995.3        104.5       890.8     95.1      795.6       657.4      110.7    137.3      53.0      84.4      28.0         56.3         -14.9       -11.7       27.5
1977..........................................................     1,125.4        125.8       999.7    104.1      895.6       742.6      122.4    158.6      59.9      98.7      31.5         67.2         -16.6       -19.5       30.6
1978..........................................................     1,284.1        142.1     1,142.0    116.4    1,025.5       852.9      136.3    183.5      67.1     116.4      36.4         80.0         -25.0       -22.1       36.3
1979..........................................................     1,429.7        163.7     1,266.0    125.4    1,140.6       968.1      127.4    195.5      69.6     125.9      38.1         87.9         -41.6       -26.6       45.1

1980..........................................................     1,553.8        187.8     1,365.9    141.6    1,224.3     1,058.5      107.6    181.6      67.0     114.6      45.3         69.2         -43.0       -30.9       58.2
1981..........................................................     1,767.3        218.3     1,549.1    170.4    1,378.7     1,171.5      135.3    181.4      63.9     117.5      53.3         64.2         -25.7       -20.4       71.9
1982..........................................................     1,823.4        235.4     1,588.0    172.1    1,415.9     1,217.0      116.4    133.7      46.3      87.4      53.3         34.2          -9.9        -7.4       82.5
1983..........................................................     1,950.3        248.9     1,701.4    189.0    1,512.4     1,280.5      155.3    157.4      59.4      97.9      64.2         33.8          -9.1         7.0       76.6
1984..........................................................     2,187.5        255.1     1,932.4    210.2    1,722.2     1,421.7      212.7    191.0      73.7     117.3      67.8         49.5          -5.6        27.3       87.8

1985..........................................................     2,319.3        266.5     2,052.8    224.4    1,828.4     1,521.9      215.9    167.6      69.9      97.6      72.3         25.4            .5        47.8       90.6
1986..........................................................     2,416.3        283.7     2,132.6    235.8    1,896.8     1,603.2      195.5    151.5      75.6      75.9      73.9          2.1          11.4        32.6       98.1
1987..........................................................     2,589.6        296.9     2,292.7    246.7    2,046.0     1,715.5      225.2    214.9      93.5     121.4      75.9         45.5         -20.7        31.0      105.3
1988..........................................................     2,805.2        316.5     2,488.7    263.5    2,225.3     1,846.7      257.5    260.6     101.7     158.8      79.4         79.4         -29.3        26.3      121.0
1989..........................................................     2,950.9        335.5     2,615.4    280.8    2,334.6     1,950.0      238.7    237.0      98.8     138.3     103.5         34.8         -17.5        19.1      145.9

1990..........................................................     3,084.0        352.7     2,731.3    296.8    2,434.5     2,056.0      231.0    237.3      95.7     141.6     118.4         23.3         -13.5         7.2      147.5
1991..........................................................     3,132.1        366.7     2,765.3    318.0    2,447.3     2,090.6      223.1    218.1      85.4     132.8     124.6          8.2           4.0         1.0      133.7
1992..........................................................     3,262.6        376.1     2,886.5    337.0    2,549.5     2,195.3      250.0    257.8      91.1     166.7     133.6         33.1          -7.5         -.3      104.2
1993..........................................................     3,437.5        390.1     3,047.4    356.2    2,691.2     2,294.3      297.3    303.7     103.5     200.3     152.6         47.6          -6.6          .1       99.6
1994..........................................................     3,688.4        412.8     3,275.5    379.6    2,895.9     2,433.8      364.6    372.5     129.9     242.7     161.8         80.9         -13.3         5.3       97.5

1990: I.......................................................     3.042.8        346.4     2,696.4    290.5    2,405.9     2,022.0      237.5    227.9      90.5     137.3     119.5         17.8          -1.3        10.9      146.5
II......................................................     3,103.0        351.6     2,751.5    292.6    2,458.9     2,055.8      254.2    239.0      96.4     142.7     116.5         26.2           7.7         7.4      148.9
III.....................................................     3,092.7        356.0     2,736.7    299.7    2,437.0     2,074.7      214.7    250.1     101.1     148.9     118.1         30.8         -40.0         4.7      147.6
-IV.....................................................     3,097.4        356.9     2,740.5    304.3    2,436.2     2,071.4      217.7    232.3      94.7     137.7     119.5         18.2         -20.3         5.6      147.1

1991: I.......................................................     3,107.7        363.2     2,744.5    309.2    2,435.3     2,060.0      232.6    213.3      83.1     130.3     120.7          9.5          17.6         1.7      142.7
II......................................................     3,119.1        365.7     2,753.4    314.2    2,439.2     2,078.8      222.8    215.0      84.0     131.0     125.4          5.6           6.8         1.1      137.6
III.....................................................     3,142.0        369.0     2,773.0    321.2    2,451.8     2,101.2      219.4    220.6      86.8     133.8     124.9          8.9           -.8         -.3      131.1
IV......................................................     3,159.5        369.1     2,790.4    327.3    2,463.1     2,122.2      217.5    223.7      87.5     136.2     127.5          8.7          -7.6         1.5      123.3

1992: I.......................................................     3,202.2        368.6     2,833.6    330.4    2,503.1     2,152.8      240.2    236.3      82.4     153.9     124.0         29.9            .3         3.6      110.2
II......................................................     3,236.1        371.8     2,864.3    331.8    2,532.5     2,183.2      243.3    262.6      93.6     169.0     129.7         39.3         -21.9         2.6      106.0
III.....................................................     3,270.5        387.9     2,882.7    337.8    2,544.9     2,209.3      234.8    254.4      89.9     164.5     134.3         30.2          -8.6       -11.0      100.8
IV......................................................     3,341.7        376.3     2,965.4    348.0    2,617.4     2,236.1      281.6    277.9      98.4     179.5     146.3         33.2            .2         3.5       99.7

1993: I.......................................................     3,345.3        382.8     2,962.5    346.9    2,615.6     2,251.4      260.5    275.9      93.8     182.1     153.4         28.7         -14.6         -.7      103.6
II......................................................     3,407.8        387.5     3,020.4    352.9    2,667.4     2,279.8      286.9    303.2     103.9     199.3     150.1         49.2         -15.6         -.7      100.7
III.....................................................     3,458.7        395.8     3,062.8    355.9    2,706.9     2,308.4      301.1    296.4     100.1     196.3     150.8         45.5           7.9        -3.3       97.5
IV......................................................     3,538.0        394.2     3,143.8    368.9    2,774.9     2,337.6      340.6    339.5     116.0     223.4     156.3         67.2          -4.0         5.1       96.7

1994: I.......................................................     3,594.4        427.9     3,166.5    372.6    2,793.9     2,374.6      323.6    346.0     121.0     225.0     154.9         70.1          -3.9       -18.4       95.7
II......................................................     3,664.9        404.3     3,260.6    376.5    2,884.1     2,419.7      366.3    364.4     126.9     237.5     160.9         76.7          -9.8        11.7       98.1
III.....................................................     3,707.2        408.7     3,298.5    382.1    2,916.4     2,443.8      374.2    378.0     130.9     247.1     161.0         86.1         -16.5        12.7       98.4
IV......................................................     3,786.9        410.4     3,376.6    387.2    2,989.4     2,497.1      394.3    401.8     140.6     261.1     170.2         91.0         -22.8        15.3       97.9

1995: I.......................................................     3,796.4        415.0     3,381.4    394.1    2,987.3     2,521.8      364.6    405.1     142.2     262.9     172.1         90.8         -51.9        11.4      101.0
II......................................................     3,832.4        421.3     3.411.1    401.1    3,009.9     2,543.5      364.5    397.9     138.5     259.4     176.1         83.3         -42.3         8.9      101.9
III.....................................................     3,916.2        426.4     3,489.8    401.7    3,088.1     2,581.7      404.7    406.0     141.3     264.7     174.9         89.7          -9.8         8.5      101.7
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ Indirect business tax and nontax liability plus business transfer payments less subsidies.

Source: Department of Commerce, Bureau of Economic Analysis.