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

[DOCID: f:erp_b24._]
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-24.--National income by type of income, 1959-95
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Compensation of employees                         Proprietors' income with inventory valuation and
-----------------------------------------------------------------------           capital consumption adjustments
Wages and salaries          Supplements to wages and    ---------------------------------------------------
------------------------------            salaries                             Farm                 Nonfarm
Year or  quarter    National                                        --------------------------------        -------------------------------------------
income    Total                                            Employer
\1\               Total   Government   Other           contributions   Other    Total          Proprietors'          Proprietors'
Total    for social    labor            Total   income \2\    Total   income \3\
insurance     income
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959..............      410.4    281.2    259.8       46.0     213.8    21.4         10.9       10.6    50.5    10.9        11.8      39.6        40.2

1960..............      426.2    296.7    272.8       49.2     223.7    23.8         12.6       11.2    50.5    11.5        12.3      39.1        39.8
1961..............      441.2    305.6    280.5       52.4     228.0    25.1         13.3       11.8    53.0    12.1        12.9      40.9        41.8
1962..............      475.3    327.4    299.3       56.3     243.0    28.1         15.1       13.0    55.0    12.1        12.9      42.9        43.9
1963..............      502.6    345.5    314.8       60.0     254.8    30.7         16.7       14.0    56.3    12.0        12.7      44.3        45.2
1964..............      540.2    371.0    337.7       64.9     272.9    33.2         17.5       15.7    59.0    10.8        11.5      48.3        49.2

1965..............      587.8    399.8    363.7       69.9     293.8    36.1         18.3       17.8    63.5    13,0        13.8      50.4        51.9
1966..............      644.4    443.0    400.3       78.3     321.9    42.7         22.8       19.9    67.6    14.1        14.9      53.5        55.4
1967..............      680.7    475.5    428.9       86.4     342.5    46.6         24.9       21.7    69.1    12.7        13.7      56.4        58.3
1968..............      742.4    524.7    471.9       96.6     375.3    52.8         27.6       25.2    73.3    12.8        13.8      60.5        63.0
1969..............      800.9    578.3    518.3      105.5     412.7    60.0         31.5       28.5    77.1    14.6        15.8      62.5        65.0

1970..............      836.6    618.1    551.5      117.1     434.3    66.6         34.1       32.5    78.0    14.8        16.1      63.2        66.0
1971..............      904.0    660.1    584.5      126.7     457.8    75.6         38.9       36.7    83.9    15.5        16.9      68.3        72.0
1972..............      999.2    726.8    638.7      137.8     500.9    88.1         45.1       43.0    95.2    19.5        21.2      75.8        79.3
1973..............    1,125.3    813.1    708.6      148.7     560.0   104.4         55.3       49.2   113.3    32.6        34.6      80.7        85.9
1974..............    1,206.7    892.4    772.2      160.4     611.8   120.3         63.7       56.5   111.3    25.9        28.5      85.4        93.4

1975..............    1,295.5    951.3    814.7      176.1     638.6   136.6         70.6       65.9   116.5    24.2        27.7      92.3        99.2
1976..............    1,447.5  1,061.5    899.6      188.7     710.8   162.0         82.2       79.7   127.5    18.7        22.8     108.8       116.3
1977..............    1,616.3  1,182.9    994.0      202.4     791.6   188.9         94.1       94.7   140.8    17.9        22.3     122.9       131.0
1978..............    1,839.2  1,338.5  1,121.1      219.8     901.2   217.4        107.3      110.1   162.2    22.9        27.7     139.2       148.7
1979..............    2,053.3  1,503.3  1,255.7      236.9   1,018.8   247.5        123.2      124.3   177.3    26.6        32.2     150.8       160.9

1980..............    2,216.1  1,653.9  1,377.6      261.2   1,116.4   276.3        136.4      139.8   167.9    13.8        20.7     154.1       165.2
1981..............    2,470.2  1,827.8  1,517.6      285.6   1,232.0   310.2        157.1      153.0   178.3    23.7        31.6     154.6       160.7
1982..............    2,569.2  1,927.6  1,593.9      307.3   1,286.7   333.7        168.3      165.4   169.9    16.4        24.8     153.5       158.2
1983..............    2,761.4  2,044.2  1,684.8      324.5   1,360.3   359.4        182.2      177.2   181.7     6.0        14.1     175.8       172.2
1984..............    3,132.7  2,257.0  1,855.3      347.8   1,507.5   401.7        212.8      188.9   237.9    24.8        32.7     213.1       199.7

1985..............    3,351.5  2,425.7  1,995.7      373.5   1,622.1   430.0        226.9      203.1   257.4    24.9        32.4     232.5       210.5
1986..............    3,516.5  2,572.4  2,116.5      396.6   1,720.0   455.9        239.9      216.0   267.8    25.2        32.6     242.6       215.9
1987..............    3,778.1  2,757.7  2,272.7      423.1   1,849.5   485.0        249.7      235.4   292.9    32.3        39.6     260.6       238.2
1988..............    4,108.6  2,973.9  2,453.6      450.4   2,003.2   520.3        268.6      251.7   322.9    28.2        35.4     294.7       272.0
1989..............    4,362.1  3,151.6  2,598.1      479.4   2,118.7   553.5        280.4      273.1   345.0    36.8        44.3     308.2       284.8

1990..............    4,611.9  3,352.8  2,757.5      517.2   2,240.3   595.2        294.6      300.6   361.0    36.3        43.8     324.6       312.7
1991..............    4,719.7  3,457.9  2,827.6      546.0   2,281.5   630.4        307.7      322.7   362.9    30.2        37.7     332.7       325.0
1992..............    4,950.8  3,644.9  2,970.6      567.8   2,402.9   674.3        323.0      351.3   409.5    38.0        45.7     371.5       363.1
1993..............    5,194.4  3,809.4  3,095.2      584.2   2,511.0   714.2        333.3      380.9   420.0    32.0        39.5     388.1       381.0
1994..............    5,495.1  4,008.3  3,255.9      602.5   2,653.4   752.4        350.2      402.2   450.9    35.0        42.5     415.9       411.5

1990: I...........    4,523.9  3,285.5  2,704.0      504.3   2,199.6   581.5        290.1      291.4   354.7    36.1        43.5     318.6       302.2
II..........    4,623.1  3,344.7  2,753.0      514.3   2,238.6   591.7        294.0      297.8   362.7    39.4        46.7     323.3       309.4
III.........    4,633.4  3,384.9  2,784.5      520.8   2,263.6   600.5        296.4      304.0   365.6    36.0        43.5     329.6       319.7
IV..........    4,667.2  3,395.9  2,788.8      529.4   2,259.3   607.1        297.9      309.2   360.9    33.9        41.3     327.1       319.6

1991: I...........    4,675.6  3,405.7  2,789.5      541.5   2,248.0   616.2        303.8      312.4   349.2    27.6        35.1     321.6       313.0
II..........    4,702.8  3,440.7  2,814.7      544.9   2,269.8   626.0        306.3      319.7   365.1    34.2        41.6     331.0       323.3
III.........    4,730.4  3,474.2  2,838.8      546.9   2,292.0   635.4        309.1      326.3   365.2    28.0        35.5     337.1       329.9
IV..........    4,770.0  3,511.0  2,867.1      550.8   2,316.3   643.8        311.4      332.4   372.1    31.0        38.5     341.1       333.7

1992: I...........    4,888.7  3,577.1  2,916.5      561.4   2,355.1   660.7        319.9      340.8   396.5    36.7        44.2     359.8       350.8
II..........    4,941.0  3,626.5  2,956.2      567.2   2,389.0   670.3        322.7      347.6   406.9    37.9        45.4     368.9       360.7
III.........    4,911.6  3,669.2  2,988.2      569.8   2,418.3   681.0        325.1      355.9   412.1    39.9        48.3     372.3       364.4
IV..........    5,061.7  3,707.0  3,021.7      572.5   2,449.2   685.3        324.2      361.1   422.4    37.3        44.8     385.1       376.3

1993: I...........    5,094.9  3,744.1  3,045.9      580.9   2,465.0   698.2        325.9      372.2   413.5    31.5        39.0     382.0       375.5
II..........    5,159.9  3,787.8  3,075.1      581.4   2,493.8   712.6        333.5      379.1   417.6    35.8        43.3     381.8       375.7
III.........    5,213.0  3,834.8  3,114.9      586.3   2,528.6   719.9        335.6      384.3   414.2    26.1        33.8     388.1       380.0
IV..........    5,309.9  3,871.0  3,144.9      588.3   2,556.5   726.2        338.1      388.0   434.9    34.4        41.9     400.5       392.7

1994: I...........    5,300.5  3,933.6  3,195.2      596.5   2,598.7   738.5        342.9      395.6   421.1    40.8        48.2     380.3       399.3
II..........    5,493.7  3,993.3  3,242.8      601.7   2,641.1   750.5        350.0      400.5   454.4    35.1        42.5     419,3       409.1
III.........    5,551.2  4,022.7  3,265.5      603.7   2,661.7   757.2        352.3      404.9   458.7    31.9        39.4     426.8       415.1
IV..........    5,635.0  4,083.7  3,320.2      608.3   2,711.9   763.5        355.8      407.8   469.4    32.3        39.8     437.1       422.5

1995: I...........    5,697.7  4,141.6  3,363.0      616.3   2,746.6   778.6        360.8      417.7   472.0    28.5        36.1     443.5       429.6
II..........    5,738.9  4,178.9  3,393.3      619.6   2,773.6   785.6        363.6      422.0   474.7    27.6        35.1     447.1       433.1
III.........    5,845.1  4,232.9  3,439.3      624.1   2,815.2   793.7        367.8      425.9   479.7    27.4        34.9     452.3       436.4
--------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ National income is the total net income earned in production. It differs from gross domestic product mainly in that it excludes depreciation charges
and other allowances for business and institutional consumption of durable capital goods and indirect business taxes. See Table B-22.

See next page for continuation of table.


Table B-24.--National income by type of income, 1959-95--Continued
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rental income of persons            Corporate profits with inventory valuation and capital consumption adjustments
with capital consumption   -----------------------------------------------------------------------------------------------
adjustment                       Profits with inventory valuation adjustment and without  capital
------------------------------                                  consumption adjustment
--------------------------------------------------------------------------
Year or  quarter                                                                                           Profits                                      Capital       Net
Rental    Capital     Total         ------------------------------------------------------             consumption  interest
Total   income  consumption                                              Profits after tax          Inventory   adjustment
of     adjustment           Total  Profits   Profits  ----------------------------------  valuation
persons                                before     tax                        Undistributed  adjustment
tax   liability   Total  Dividends      profits
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959.....................................................    18.2     19.7       -1.5      50.2    53.1     53.4      23.6     29.7     12.7          17.0          -0.3        -2.9       10.2

1960.....................................................    19.1     20.6       -1.5      48.8    51.0     51.1      22.7     28.4     13.4          15.0           -.2        -2.2       11.2
1961.....................................................    19.8     21.2       -1.4      49.8    51.3     51.0      22.8     28.2     14.0          14.3            .3        -1.5       13.1
1962.....................................................    20.6     22.0       -1.4      57.7    56.4     56.4      24.0     32.4     15.0          17.4            .0         1.3       14.6
1963.....................................................    21.3     22.6       -1.3      63.5    61.2     61.2      26.2     34.9     16.1          18.8            .1         2.3       16.1
1964.....................................................    21.7     23.0       -1.3      70.4    67.5     68.0      28.0     40.0     18.0          22.0           -.5         2.8       18.2

1965.....................................................    22.5     24.0       -1.5      80.9    77.6     78.8      30.9     47.9     20.2          27.8          -1.2         3.4       21.1
1966.....................................................    23.2     24.9       -1.7      86.3    83.0     85.1      33.7     51.4     20.9          30.5          -2.1         3.3       24.3
1967.....................................................    24.4     26.3       -1.9      83.6    80.3     81.8      32.7     49.2     22.1          27.1          -1.6         3.3       28.1
1968.....................................................    23.7     26.0       -2.3      90.3    86.9     90.6      39.4     51.2     24.6          26.6          -3.7         3.4       30.4
1969.....................................................    24.4     27.3       -2.8      87.5    83.2     89.0      39.7     49.4     25.2          24.1          -5.9         4.4       33.6

1970.....................................................    24.7     27.8       -3.1      75.7    71.8     78.4      34.4     44.0     23.7          20.3          -6.6         3.9       40.0
1971.....................................................    25.8     29.5       -3.7      88.8    85.5     90.1      37.7     52.4     23.7          28.6          -4.6         3.3       45.4
1972.....................................................    25.7     30.3       -4.6     102.2    97.9    104.5      41.9     62.6     25.8          36.9          -6.6         4.3       49.3
1973.....................................................    27.4     32.8       -5.4     115.1   110.9    130.9      49.3     81.6     28.1          53.5         -20.0         4.1       56.5
1974.....................................................    27.5     34.4       -6.9     103.7   103.4    142.8      51.8     91.0     30.4          60.6         -39.5          .3       71.8

1975.....................................................    26.6     34.9       -8.4     121.1   129.4    140.4      50.9     89.5     30.1          59.4         -11.0        -8.3       80.0
1976.....................................................    26.3     35.7       -9.5     147.0   158.9    173.8      64.2    109.6     35.9          73.7         -14.9       -11.8       85.1
1977.....................................................    24.7     36.4      -11.7     167.3   186.8    203.5      73.0    130.4     40.8          89.6         -16.6       -19.6      100.7
1978.....................................................    26.5     41.2      -14.7     191.6   213.1    238.1      83.5    154.6     46.0         108.6         -25.0       -21.5      120.5
1979.....................................................    28.4     46.7      -18.3     194.0   220.2    261.8      88.0    173.8     52.5         121.3         -41.6       -26.2      150.3

1980.....................................................    35.3     57.3      -22.0     167.1   198.3    241.4      84.8    156.6     59.3          97.3         -43.0       -31.2      191.9
1981.....................................................    45.7     70.7      -25.1     183.9   204.1    229.8      81.1    148.6     69.5          79.1         -25.7       -20.1      234.5
1982.....................................................    47.6     74.7      -27.1     159.2   166.8    176.7      63.1    113.6     69.8          43.8          -9.9        -7.6      264.9
1983.....................................................    47.2     74.8      -27.6     212.3   203.7    212.8      77.2    135.5     80.8          54.8          -9.1         8.6      275.9
1984.....................................................    51.0     79.2      -28.2     268.2   238.5    244.2      94.0    150.1     83.2          66.9          -5.6        29.7      318.5

1985.....................................................    49.1     79.0      -29.9     282.2   230.5    229.9      96.5    133.4     92.8          40.6            .5        51.8      337.2
1986.....................................................    42.3     72.6      -30.4     271.0   234.0    222.6     106.5    116.1    110.2           5.8          11.4        37.0      363.1
1987.....................................................    45.5     77.6      -32.1     309.7   272.9    293.6     127.1    166.5    107.0          59.5         -20.7        36.8      372.2
1988.....................................................    55.7     89.7      -33.9     357.2   325.0    354.3     137.0    217.3    116.8         100.5         -29.3        32.2      398.9
1989.....................................................    52.4     91.0      -38.5     356.4   330.6    348.1     141.3    206.8    138.9          67.9         -17.5        25.8      456.6

1990.....................................................    61.4     98.6      -37.2     369.5   358.2    371.7     140.5    231.2    151.9          79.4         -13.5        11.3      467.3
1991.....................................................    68.4    107.0      -38.6     382.5   378.2    374.2     133.4    240.8    163.1          77.7           4.0         4.3      448.0
1992.....................................................    80.6    126.9      -46.2     401.4   398.9    406.4     143.0    263.4    169.5          93.9          -7.5         2.5      414.3
1993.....................................................   102.5    144.3      -41.8     464.5   457.7    464.3     163.8    300.5    197.3         103.3          -6.6         6.7      398.1
1994.....................................................   116.6    159.4      -42.8     526.5   514.9    528.2     195.3    332.9    211.0         121.9         -13.3        11.6      392.8

1990: I..................................................    55.5     92.3      -36.8     369.3   353.4    354.7     133.0    221.7    150.7          71.1          -1.3        15.9      458.9
II.................................................    57.9     94.9      -37.1     392.8   381.1    373.4     141.2    232.2    152.4          79.8           7.7        11.7      465.0
III................................................    64.8    102.3      -37.5     350.4   341.9    381.9     148.0    233.9    152.4          81.6         -40.0         8.5      467.7
IV.................................................    67.3    104.9      -37.5     365.5   356.5    376.7     139.7    237.1    152.0          85.0         -20.3         9.0      477.5

1991: I..................................................    66.6    104.1      -37.5     393.7   388.3    370.7     130.1    240.7    158.6          82.0          17.6         5.4      460.4
II.................................................    66.3    103.9      -37.5     380.0   375.5    368.7     132.3    236.4    162.6          73.8           6.8         4.6      450.6
III................................................    67.6    105.3      -37.7     376.8   373.8    374.6     136.0    238.6    165.9          72.7           -.8         3.0      446.6
IV.................................................    73.0    114.6      -41.6     379.6   375.2    382.8     135.2    247.6    165.3          82.2          -7.6         4.5      434.3

1992: I..................................................    78.6    114.8      -36.2     417.3   411.4    411.1     143.9    267.2    162.1         105.2            .3         5.9      419.2
II.................................................    80.9    117.5      -36.6     409.3   404.3    426.2     150.9    275.2    164.6         110.6         -21.9         5.0      417.5
III................................................    70.8    144.8      -73.9     351.3   359.4    368.0     127.6    240.4    170.9          69.5          -8.6        -8.1      408.1
IV.................................................    92.3    130.4      -38.1     427.7   420.5    420.3     149.7    270.6    180.4          90.3            .2         7.2      412.4

1993: I..................................................    98.4    142.6      -44.2     426.4   421.4    436.0     151.5    284.6    190.2          94.4         -14.6         5.0      412.6
II.................................................   102.9    143.4      -40.5     449.0   443.2    458.8     162.6    296.2    195.8         100.4         -15.6         5.8      402.6
III................................................   104.1    146.5      -42.5     469.6   465.9    458.0     159.3    298.6    200.2          98.4           7.9         3.8      390.4
IV.................................................   104.5    144.6      -40.1     512.8   500.4    504.5     181.7    322.7    202.9         119.8          -4.0        12.3      386.7

1994: I..................................................   101.1    162.2      -61.0     455.9   467.8    471.7     171.4    300.3    204.4          95.9          -3.9       -11.8      388.7
II.................................................   121.0    159.0      -37.9     531.5   513.4    523.2     192.8    330.4    208.8         121.7          -9.8        18.1      393.5
III................................................   122.2    159.2      -37.0     549.8   531.0    547.5     203.4    344.1    212.5         131.6         -16.5        18.8      397.8
IV.................................................   121.9    157.2      -35.3     568.9   547.6    570.4     213.5    356.8    218.5         138.3         -22.8        21.3      391.1

1995: I..................................................   120.6    156.3      -35.7     559.6   542.2    594.1     217.3    376.8    221.7         155.1         -51.9        17.4      403.9
II.................................................   121.6    157.2      -35.6     561.1   546.1    588.4     214.2    374.1    224.6         149.6         -42.3        15.0      402.6
III................................................   118.3    154.2      -35.8     614.4   599.8    609.6     224.5    385.1    228.5         156.6          -9.8        14.6      399.8
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\2\ Without capital consumption adjustment.
\3\ Without inventory valuation and capital consumption adjustments.

Source: Department of Commerce, Bureau of Economic Analysis.