[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-29.--Sources of personal income, 1959-97 [Billions of dollars; quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Wage and salary disbursements\1\ Proprietors' income ----------------------------------------------------------------------- with inventory Private industries valuation and --------------------------------------------------- Other capital consumption Year or quarter Personal Goods- producing labor adjustments income Total industries Distrib- Service Govern- income\1\ --------------------- Total --------------------- utive indus- ment Manu- indus- tries Farm Nonfarm Total facturing tries -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959................................. 394.4 259.8 213.8 109.9 86.9 65.1 38.8 46.0 10.6 10.9 40.9 1960................................. 412.5 272.8 223.7 113.4 89.8 68.6 41.7 49.2 11.2 11.5 40.5 1961................................. 430.0 280.5 228.0 114.0 89.9 69.6 44.4 52.4 11.8 12.1 42.3 1962................................. 457.0 299.3 243.0 122.2 96.8 73.3 47.6 56.3 13.0 12.1 44.4 1963................................. 480.0 314.8 254.8 127.4 100.7 76.8 50.7 60.0 14.0 11.9 45.8 1964................................. 514.5 337.7 272.9 136.0 107.3 82.0 54.9 64.9 15.7 10.8 49.8 1965................................. 556.7 363.7 293.8 146.6 115.7 87.9 59.4 69.9 17.8 13.0 52.1 1966................................. 605.7 400.3 321.9 161.6 128.2 95.1 65.3 78.3 19.9 14.1 55.3 1967................................. 650.7 428.9 342.5 169.0 134.3 101.6 72.0 86.4 21.7 12.7 58.2 1968................................. 714.5 471.9 375.3 184.1 146.0 110.8 80.4 96.6 25.2 12.8 62.5 1969................................. 779.3 518.3 412.7 200.4 157.7 121.7 90.6 105.5 28.5 14.6 64.6 1970................................. 837.1 551.5 434.3 203.7 158.4 131.2 99.4 117.1 32.5 14.8 65.4 1971................................. 900.2 583.9 457.4 209.1 160.5 140.4 107.9 126.5 36.7 15.4 71.1 1972................................. 988.8 638.7 501.2 228.2 175.6 153.3 119.7 137.4 43.0 19.5 78.8 1973................................. 1,107.5 708.7 560.0 255.9 196.6 170.3 133.9 148.7 49.2 32.6 84.2 1974................................. 1,215.9 772.6 611.8 276.5 211.8 186.8 148.6 160.9 56.5 25.8 89.8 1975................................. 1,319.0 814.6 638.6 277.1 211.6 198.1 163.4 176.0 65.9 24.1 97.7 1976................................. 1,459.4 899.5 710.8 309.7 238.0 219.5 181.6 188.6 79.7 18.6 115.0 1977................................. 1,616.1 993.9 791.6 346.1 266.7 242.7 202.8 202.3 94.7 17.5 129.9 1978................................. 1,825.9 1,120.8 901.2 392.6 300.1 274.9 233.7 219.6 110.1 22.2 147.4 1979................................. 2,055.8 1,255.9 1,018.8 442.5 335.3 308.5 267.8 237.1 124.3 25.3 159.7 1980................................. 2,293.0 1,377.7 1,116.4 472.5 356.4 336.7 307.2 261.3 139.8 12.2 164.4 1981................................. 2,568.5 1,517.6 1,232.0 514.9 388.0 368.5 348.6 285.6 153.0 21.9 165.7 1982................................. 2,727.2 1,593.9 1,286.7 515.1 386.2 385.9 385.7 307.3 165.4 14.5 165.1 1983................................. 2,900.8 1,685.3 1,360.3 528.2 401.2 405.7 426.4 325.0 177.2 4.1 187.8 1984................................. 3,215.3 1,855.1 1,507.5 586.6 445.9 445.2 475.6 347.6 188.9 23.2 225.5 1985................................. 3,449.8 1,995.9 1,622.1 620.7 468.9 476.5 525.0 373.8 203.1 23.6 245.0 1986................................. 3,658.4 2,116.5 1,720.0 637.3 481.2 501.6 581.0 396.6 216.0 24.2 255.3 1987................................. 3,888.7 2,272.7 1,849.5 660.4 497.2 535.4 653.7 423.1 235.4 31.5 273.6 1988................................. 4,184.6 2,453.6 2,003.2 707.0 530.1 575.3 720.9 450.4 251.7 27.5 307.8 1989................................. 4,501.0 2,598.1 2,118.7 732.4 548.1 606.8 779.5 479.4 273.1 36.3 321.1 1990................................. 4,804.2 2,757.5 2,240.3 754.2 561.2 634.1 852.1 517.2 300.6 35.4 338.6 1991................................. 4,981.6 2,827.6 2,281.5 746.3 562.5 646.6 888.6 546.1 322.7 29.3 347.2 1992................................. 5,227.2 2,986.4 2,418.6 765.7 583.5 680.3 972.6 567.8 351.3 37.1 386.7 1993................................. 5,519.2 3,089.6 2,505.3 781.2 592.9 699.4 1,024.7 584.3 385.1 32.4 418.4 1994................................. 5,791.8 3,240.7 2,638.5 824.4 620.8 741.4 1,072.7 602.2 405.0 36.9 434.7 1995................................. 6,150.8 3,429.5 2,806.5 864.4 648.4 783.1 1,159.0 623.0 406.8 23.4 465.5 1996................................. 6,495.2 3,632.5 2,989.9 909.1 674.7 823.3 1,257.5 642.6 407.6 37.2 483.1 1997 p............................... 6,874.4 3,877.2 3,211.8 960.1 705.9 876.0 1,375.6 665.4 416.6 40.9 503.8 1992: I.............................. 5,164.2 2,916.5 2,355.1 752.7 571.5 666.2 936.2 561.4 340.8 35.9 374.4 II............................. 5,237.7 2,956.2 2,389.0 761.9 579.6 673.6 953.4 567.2 347.6 37.1 383.8 III............................ 5,277.7 2,988.2 2,418.3 764.6 583.0 681.5 972.2 569.8 355.9 39.0 387.6 IV............................. 5,429.3 3,084.7 2,512.2 783.6 599.7 699.9 1,028.6 572.5 361.1 36.5 401.0 1993: I.............................. 5,369.4 2,975.4 2,394.4 749.7 566.7 677.5 967.2 581.1 373.8 29.7 410.6 II............................. 5,504.1 3,079.3 2,497.8 779.9 592.8 697.7 1,020.2 581.5 382.3 36.3 416.0 III............................ 5,544.2 3,111.1 2,524.8 786.5 597.2 704.3 1,034.0 586.3 389.5 25.6 420.6 IV............................. 5,659.1 3,192.6 2,604.2 808.6 614.9 718.2 1,077.4 588.4 394.9 38.0 426.5 1994: I.............................. 5,616.3 3,138.3 2,542.3 797.1 600.7 715.8 1,029.4 596.0 399.5 46.4 417.5 II............................. 5,766.6 3,232.0 2,630.7 820.5 618.4 737.9 1,072.3 601.3 403.7 38.8 435.9 III............................ 5,838.1 3,266.9 2,663.4 832.9 626.9 748.0 1,082.5 603.5 406.9 33.2 438.4 IV............................. 5,946.1 3,325.6 2,717.5 847.2 637.1 763.6 1,106.7 608.0 409.8 29.1 447.0 1995: I.............................. 6,053.1 3,371.2 2,754.0 854.8 643.4 769.9 1,129.3 617.2 407.9 20.6 457.6 II............................. 6,114.8 3,404.6 2,783.5 858.5 644.5 778.7 1,146.3 621.1 406.6 21.3 463.1 III............................ 6,179.1 3,450.2 2,825.1 867.7 650.2 788.4 1,169.0 625.1 406.7 22.9 468.7 IV............................. 6,256.2 3,491.8 2,863.3 876.4 655.3 795.5 1,191.4 628.5 406.2 28.9 472.6 1996: I.............................. 6,359.4 3,539.2 2,903.6 884.9 659.1 804.4 1,214.3 635.6 405.0 31.9 477.4 II............................. 6,461.3 3,611.2 2,970.9 906.3 674.1 819.2 1,245.3 640.3 407.9 36.5 483.5 III............................ 6,541.9 3,662.8 3,017.3 917.2 680.1 829.0 1,271.1 645.5 408.4 40.1 483.7 IV............................. 6,618.4 3,716.9 3,067.9 927.8 685.6 840.6 1,299.5 648.9 409.1 40.4 487.9 1997: I.............................. 6,746.2 3,791.5 3,133.7 942.9 694.1 856.8 1,334.1 657.8 412.3 40.2 494.4 II............................. 6,829.1 3,841.6 3,179.6 952.8 700.3 867.0 1,359.8 662.0 415.1 43.6 500.0 III............................ 6,906.9 3,896.1 3,228.4 961.4 706.0 880.8 1,386.3 667.7 417.7 40.9 506.3 IV p........................... 7,015.4 3,979.7 3,305.5 983.5 723.1 899.6 1,422.4 674.2 421.4 39.0 514.4 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ The total of wage and salary disbursements and other labor income differs from compensation of employees in Table B-28 in that it excludes employer contributions for social insurance and the excess of wage accruals over wage disbursements. See next page for continuation of table. Table B-29.--Sources of personal income, 1959-97--Continued [Billions of dollars; quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Rental Transfer payments to persons income --------------------------------------------------------------------------- of Old-age, Less: persons survivors, Govern- Govern- Personal with Personal Personal disability, ment ment contribu- Year or quarter capital dividend interest and unem- Veterans employ- Family tions con- income income Total health ployment benefits ees assis- Other for sumption insur- insur- retire- tance social adjust- ance ance ment \1\ insurance ment benefits benefits benefits -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959............................. 17.7 12.7 22.7 27.0 10.2 2.8 4.6 2.8 0.9 5.7 7.9 1960............................. 18.6 13.4 25.0 28.8 11.1 3.0 4.6 3.1 1.0 6.1 9.3 1961............................. 19.2 14.0 26.9 32.8 12.6 4.3 5.0 3.4 1.1 6.5 9.7 1962............................. 20.0 15.0 29.3 34.1 14.3 3.1 4.7 3.7 1.3 7.0 10.3 1963............................. 20.7 16.1 32.4 36.2 15.2 3.0 4.8 4.2 1.4 7.6 11.8 1964............................. 21.0 18.0 36.1 37.9 16.0 2.7 4.7 4.7 1.5 8.2 12.6 1965............................. 21.8 20.2 40.3 41.1 18.1 2.3 4.9 5.2 1.7 9.0 13.3 1966............................. 22.5 20.9 44.9 45.7 20.8 1.9 4.9 6.1 1.9 10.3 17.8 1967............................. 23.6 22.1 49.5 54.6 25.5 2.2 5.6 6.9 2.3 12.2 20.6 1968............................. 22.7 24.5 54.6 63.2 30.2 2.1 5.9 7.6 2.8 14.5 22.9 1969............................. 23.4 25.1 60.8 70.3 32.9 2.2 6.7 8.7 3.5 16.2 26.2 1970............................. 23.6 23.5 69.2 84.6 38.5 4.0 7.7 10.2 4.8 19.4 27.9 1971............................. 24.6 23.5 75.7 100.1 44.5 5.8 8.8 11.8 6.2 23.0 30.7 1972............................. 24.3 25.5 81.8 111.8 49.6 5.7 9.7 13.8 6.9 26.1 34.5 1973............................. 25.8 27.7 94.1 127.9 60.4 4.4 10.4 16.0 7.2 29.5 42.6 1974............................. 25.7 29.6 112.4 151.3 70.1 6.8 11.8 19.0 7.9 35.7 47.9 1975............................. 24.7 29.2 123.0 190.2 81.4 17.6 14.5 22.7 9.2 44.7 50.4 1976............................. 24.3 35.0 134.6 208.3 92.9 15.8 14.4 26.1 10.1 49.1 55.5 1977............................. 22.8 39.5 155.7 223.3 104.9 12.7 13.8 29.0 10.6 52.4 61.2 1978............................. 24.8 44.3 184.5 241.6 116.2 9.7 13.9 32.7 10.7 58.4 69.8 1979............................. 26.9 50.5 223.6 270.7 131.8 9.8 14.4 36.9 11.0 66.8 81.0 1980............................. 33.9 57.5 274.7 321.5 154.2 16.1 15.0 43.0 12.4 80.8 88.6 1981............................. 44.5 67.2 337.2 365.9 182.0 15.9 16.1 49.4 13.0 89.7 104.5 1982............................. 46.5 66.9 379.2 408.1 204.5 25.2 16.4 54.6 13.3 94.1 112.3 1983............................. 46.1 77.4 403.2 439.4 221.7 26.3 16.6 58.0 14.2 102.6 119.7 1984............................. 50.1 79.4 472.3 453.6 235.7 15.9 16.4 60.9 14.8 109.9 132.7 1985............................. 48.1 88.3 508.4 486.5 253.4 15.7 16.7 66.6 15.4 118.7 149.0 1986............................. 41.5 105.1 543.3 518.6 269.2 16.3 16.7 70.7 16.4 129.3 162.1 1987............................. 44.8 101.1 560.0 543.3 282.9 14.5 16.6 76.0 16.7 136.6 173.7 1988............................. 55.1 109.9 595.5 577.6 300.4 13.3 16.9 82.2 17.3 147.6 194.2 1989............................. 51.7 130.9 674.5 626.0 325.1 14.4 17.3 87.6 18.0 163.6 210.8 1990............................. 61.0 142.9 704.4 687.8 352.0 18.1 17.8 94.5 19.8 185.6 223.9 1991............................. 67.9 153.6 699.2 769.9 382.3 26.8 18.3 102.2 22.0 218.2 235.8 1992............................. 79.4 159.4 667.2 858.2 414.0 38.9 19.3 109.0 23.3 253.8 248.4 1993............................. 105.7 185.3 651.0 912.0 444.4 34.0 20.2 116.6 24.0 272.8 260.3 1994............................. 124.4 204.8 668.1 954.7 473.0 23.6 20.2 124.5 24.3 289.3 277.5 1995............................. 132.8 251.9 718.9 1,015.0 507.8 21.4 20.8 133.6 23.3 308.0 293.1 1996............................. 146.3 291.2 735.7 1,068.0 537.6 22.0 21.6 142.5 21.7 322.5 306.3 1997 p........................... 148.1 321.5 768.8 1,121.1 566.7 21.8 22.4 153.4 18.8 338.2 323.6 1992: I.......................... 77.2 152.3 674.1 838.3 405.4 39.2 20.4 107.8 23.0 242.5 245.2 II......................... 79.5 154.5 673.0 853.5 412.2 40.4 18.9 108.6 23.1 250.2 247.4 III........................ 69.5 160.8 661.2 865.3 416.9 38.7 18.8 109.0 23.4 258.5 249.7 IV......................... 91.2 170.1 660.4 875.8 421.5 37.1 19.1 110.5 23.5 264.2 251.4 1993: I.......................... 99.7 177.8 660.3 897.2 437.6 34.5 20.0 114.2 23.7 267.3 255.2 II......................... 105.6 182.1 653.7 908.0 441.9 34.4 20.5 115.9 24.0 271.4 259.2 III........................ 106.1 187.8 647.8 917.3 446.4 34.7 20.3 117.4 24.0 274.6 261.6 IV......................... 111.5 193.5 642.1 925.3 451.8 32.6 19.8 119.0 24.2 277.9 265.2 1994: I.......................... 112.7 192.1 641.4 940.4 463.3 27.7 20.0 120.5 24.3 284.6 272.0 II......................... 126.0 200.3 656.4 949.8 470.4 23.9 20.1 123.8 24.3 287.3 276.2 III........................ 130.1 208.5 674.1 958.8 475.8 21.6 20.5 125.9 24.4 290.7 278.8 IV......................... 128.9 218.5 700.4 969.8 482.4 20.9 20.1 127.6 24.2 294.5 282.9 1995: I.......................... 130.5 243.4 713.9 997.0 498.4 21.0 20.7 130.0 23.9 303.1 289.1 II......................... 132.3 248.6 719.4 1,010.4 505.8 21.0 20.8 132.9 23.5 306.3 291.5 III........................ 131.5 254.2 717.9 1,021.5 511.1 21.8 21.1 134.8 23.2 309.6 294.5 IV......................... 137.1 261.5 724.2 1,031.0 516.0 22.0 20.5 136.6 22.8 313.2 297.2 1996: I.......................... 143.4 287.4 722.3 1,053.2 529.5 23.0 21.4 138.3 22.5 318.5 300.5 II......................... 144.6 290.0 727.8 1,064.8 535.4 22.1 21.9 142.2 22.0 321.3 305.0 III........................ 148.0 292.0 742.7 1,072.4 540.0 21.3 21.7 143.7 21.6 324.2 308.2 IV......................... 149.2 295.2 749.8 1,081.5 545.6 21.6 21.4 145.9 20.7 326.2 311.5 1997: I.......................... 149.0 312.5 757.2 1,107.2 558.9 22.1 22.4 150.4 19.7 333.8 318.2 II......................... 148.7 318.3 766.1 1,117.0 564.4 21.9 22.4 152.7 19.0 336.6 321.3 III........................ 148.0 324.5 772.6 1,125.7 569.4 21.6 22.5 154.2 18.2 339.8 324.8 IV p....................... 146.6 330.7 779.1 1,134.8 574.1 21.5 22.3 156.3 18.1 342.5 330.2 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ Consists of aid to families with dependent children and, beginning with 1996, assistance programs operating under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996. Note.--The industry classification of wage and salary disbursements and proprietors' income is on an establishment basis and is based on the 1987 Standard Industrial Classification (SIC) beginning 1987 and on the 1972 SIC for earlier years shown. Source: Department of Commerce, Bureau of Economic Analysis.