[Economic Report of the President (1997)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]

[DOCID: f:erp_b88._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 105-002
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]


CORPORATE PROFITS AND FINANCE


Table B-88.--Corporate profits with inventory valuation and capital consumption adjustments, 1959-96
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
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Corporate profits after tax with
inventory  valuation and capital
Corporate                      consumption adjustments
profitswith              ------------------------------------
inventory    Corporate                         Undistributed
Year or quarter                    valuation     profits                           profits with
andcapital      tax                              inventory
consumption   liability     Total    Dividends  valuation and
adjustments                                        capital
consumption
adjustments
----------------------------------------------------------------------------------------------------------------
1959.............................................         50.2         23.6       26.6       12.7         13.9

1960.............................................         48.8         22.7       26.1       13.4         12.7
1961.............................................         49.8         22.8       27.0       14.0         13.0
1962.............................................         57.7         24.0       33.7       15.0         18.7
1963.............................................         63.5         26.2       37.3       16.1         21.2
1964.............................................         70.4         28.0       42.4       18.0         24.4
1965.............................................         80.9         30.9       50.1       20.2         29.9
1966.............................................         86.3         33.7       52.6       20.9         31.7
1967.............................................         83.6         32.7       50.9       22.1         28.9
1968.............................................         90.3         39.4       51.0       24.6         26.3
1969.............................................         87.5         39.7       47.9       25.2         22.6

1970.............................................         75.7         34.4       41.4       23.7         17.7
1971.............................................         88.8         37.7       51.0       23.7         27.3
1972.............................................        102.2         41.9       60.3       25.8         34.5
1973.............................................        115.1         49.3       65.8       28.1         37.6
1974.............................................        103.7         51.8       51.9       30.4         21.5
1975.............................................        121.1         50.9       70.2       30.1         40.1
1976.............................................        147.0         64.2       82.8       35.9         47.0
1977.............................................        167.3         73.0       94.2       40.8         53.4
1978.............................................        191.6         83.5      108.1       46.0         62.0
1979.............................................        194.0         88.0      106.0       52.5         53.5

1980.............................................        167.1         84.8       82.3       59.3         23.0
1981.............................................        183.9         81.1      102.8       69.5         33.3
1982.............................................        159.2         63.1       96.1       69.8         26.3
1983.............................................        212.3         77.2      135.1       80.8         54.3
1984.............................................        268.2         94.0      174.2       83.2         91.0
1985.............................................        282.2         96.5      185.7       92.8         92.9
1986.............................................        271.0        106.5      164.5      110.2         54.2
1987.............................................        309.7        127.1      182.6      107.0         75.7
1988.............................................        357.2        137.0      220.2      116.8        103.3
1989.............................................        356.4        141.3      215.1      138.9         76.2

1990.............................................        369.5        140.5      229.0      151.9         77.2
1991.............................................        382.5        133.4      249.1      163.1         86.0
1992.............................................        401.4        143.0      258.4      169.5         88.9
1993.............................................        464.4        163.8      300.6      197.3        103.3
1994.............................................        529.5        195.3      334.2      211.0        123.2
1995.............................................        586.6        218.7      368.0      227.4        140.6

1990:I...........................................        369.3        133.0      236.3      150.7         85.6
II...........................................        392.8        141.2      251.6      152.4         99.2
III..........................................        350.4        148.0      202.4      152.4         50.0
IV...........................................        365.5        139.7      225.9      152.0         73.8

1991:I...........................................        393.7        130.1      263.6      158.6        105.0
II...........................................        380.0        132.3      247.7      162.6         85.1
III..........................................        376.8        136.0      240.7      165.9         74.9
IV...........................................        379.6        135.2      244.4      165.3         79.1

1992:I...........................................        417.3        143.9      273.4      162.1        111.3
II...........................................        409.3        150.9      258.3      164.6         93.7
III..........................................        351.3        127.6      223.8      170.9         52.9
IV...........................................        427.7        149.7      278.0      180.4         97.7

1993:I...........................................        427.4        151.5      275.9      190.2         85.7
II...........................................        447.8        162.6      285.2      195.8         89.4
III..........................................        469.6        159.3      310.3      200.2        110.1
IV...........................................        512.8        181.7      331.1      202.9        128.2

1994:I...........................................        459.7        171.4      288.3      204.4         83.9
II...........................................        534.3        192.8      341.5      208.8        132.7
III..........................................        553.1        203.4      349.7      212.5        137.2
IV...........................................        570.9        213.5      357.3      218.5        138.8

1995:I...........................................        560.0        217.3      342.7      221.7        121.0
II...........................................        562.3        214.2      348.1      224.6        123.5
III..........................................        612.5        224.5      388.1      228.5        159.6
IV...........................................        611.8        218.7      393.1      234.7        158.4

1996:I...........................................        645.1        233.4      411.8      239.9        171.8
II...........................................        655.8        236.4      419.4      243.1        176.3
III..........................................        661.2        233.4      427.7      245.2        182.5
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Source: Department of Commerce, Bureau of Economic Analysis.