[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-93.--Sales, profits, and stockholders' equity, all manufacturing corporations, 1952-97 [Billions of dollars] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ All manufacturing corporations Durable goods industries Nondurable goods industries ------------------------------------------------------------------------------------------------------------------------------- Profits Profits Profits Year or quarter ------------------ ------------------ ------------------ Sales Before After Stockholders' Sales Before After Stockholders' Sales Before After Stockholders' (net) income income equity\2\ (net) income income equity\2\ (net) income income equity\2\ taxes\1\ taxes taxes\1\ taxes taxes\1\ taxes ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1952............................................................ 250.2 22.9 10.7 103.7 122.0 12.9 5.5 49.8 128.0 10.0 5.2 53.9 1953............................................................ 265.9 24.4 11.3 108.2 137.9 14.0 5.8 52.4 128.0 10.4 5.5 55.7 1954............................................................ 248.5 20.9 11.2 113.1 122.8 11.4 5.6 54.9 125.7 9.6 5.6 58.2 1955............................................................ 278.4 28.6 15.1 120.1 142.1 16.5 8.1 58.8 136.3 12.1 7.0 61.3 1956............................................................ 307.3 29.8 16.2 131.6 159.5 16.5 8.3 65.2 147.8 13.2 7.8 66.4 1957............................................................ 320.0 28.2 15.4 141.1 166.0 15.8 7.9 70.5 154.1 12.4 7.5 70.6 1958............................................................ 305.3 22.7 12.7 147.4 148.6 11.4 5.8 72.8 156.7 11.3 6.9 74.6 1959............................................................ 338.0 29.7 16.3 157.1 169.4 15.8 8.1 77.9 168.5 13.9 8.3 79.2 1960............................................................ 345.7 27.5 15.2 165.4 173.9 14.0 7.0 82.3 171.8 13.5 8.2 83.1 1961............................................................ 356.4 27.5 15.3 172.6 175.2 13.6 6.9 84.9 181.2 13.9 8.5 87.7 1962............................................................ 389.4 31.9 17.7 181.4 195.3 16.8 8.6 89.1 194.1 15.1 9.2 92.3 1963............................................................ 412.7 34.9 19.5 189.7 209.0 18.5 9.5 93.3 203.6 16.4 10.0 96.3 1964............................................................ 443.1 39.6 23.2 199.8 226.3 21.2 11.6 98.5 216.8 18.3 11.6 101.3 1965............................................................ 492.2 46.5 27.5 211.7 257.0 26.2 14.5 105.4 235.2 20.3 13.0 106.3 1966............................................................ 554.2 51.8 30.9 230.3 291.7 29.2 16.4 115.2 262.4 22.6 14.6 115.1 1967............................................................ 575.4 47.8 29.0 247.6 300.6 25.7 14.6 125.0 274.8 22.0 14.4 122.6 1968............................................................ 631.9 55.4 32.1 265.9 335.5 30.6 16.5 135.6 296.4 24.8 15.5 130.3 1969............................................................ 694.6 58.1 33.2 289.9 366.5 31.5 16.9 147.6 328.1 26.6 16.4 142.3 1970............................................................ 708.8 48.1 28.6 306.8 363.1 23.0 12.9 155.1 345.7 25.2 15.7 151.7 1971............................................................ 751.1 52.9 31.0 320.8 381.8 26.5 14.5 160.4 369.3 26.5 16.5 160.5 1972............................................................ 849.5 63.2 36.5 343.4 435.8 33.6 18.4 171.4 413.7 29.6 18.0 172.0 1973............................................................ 1,017.2 81.4 48.1 374.1 527.3 43.6 24.8 188.7 489.9 37.8 23.3 185.4 1973: IV........................................................ 275.1 21.4 13.0 386.4 140.1 10.8 6.3 194.7 135.0 10.6 6.7 191.7 New series: 1973: IV........................................................ 236.6 20.6 13.2 368.0 122.7 10.1 6.2 185.8 113.9 10.5 7.0 182.1 1974............................................................ 1,060.6 92.1 58.7 395.0 529.0 41.1 24.7 196.0 531.6 51.0 34.1 199.0 1975............................................................ 1,065.2 79.9 49.1 423.4 521.1 35.3 21.4 208.1 544.1 44.6 27.7 215.3 1976............................................................ 1,203.2 104.9 64.5 462.7 589.6 50.7 30.8 224.3 613.7 54.3 33.7 238.4 1977............................................................ 1,328.1 115.1 70.4 496.7 657.3 57.9 34.8 239.9 670.8 57.2 35.5 256.8 1978............................................................ 1,496.4 132.5 81.1 540.5 760.7 69.6 41.8 262.6 735.7 62.9 39.3 277.9 1979............................................................ 1,741.8 154.2 98.7 600.5 865.7 72.4 45.2 292.5 876.1 81.8 53.5 308.0 1980............................................................ 1,912.8 145.8 92.6 668.1 889.1 57.4 35.6 317.7 1,023.7 88.4 56.9 350.4 1981............................................................ 2,144.7 158.6 101.3 743.4 979.5 67.2 41.6 350.4 1,165.2 91.3 59.6 393.0 1982............................................................ 2,039.4 108.2 70.9 770.2 913.1 34.7 21.7 355.5 1,126.4 73.6 49.3 414.7 1983............................................................ 2,114.3 133.1 85.8 812.8 973.5 48.7 30.0 372.4 1,140.8 84.4 55.8 440.4 1984............................................................ 2,335.0 165.6 107.6 864.2 1,107.6 75.5 48.9 395.6 1,227.5 90.0 58.8 468.5 1985............................................................ 2,331.4 137.0 87.6 866.2 1,142.6 61.5 38.6 420.9 1,188.8 75.6 49.1 445.3 1986............................................................ 2,220.9 129.3 83.1 874.7 1,125.5 52.1 32.6 436.3 1,095.4 77.2 50.5 438.4 1987............................................................ 2,378.2 173.0 115.6 900.9 1,178.0 78.0 53.0 444.3 1,200.3 95.1 62.6 456.6 1988............................................................ 2,596.2 216.1 154.6 957.6 1,284.7 91.7 67.1 468.7 1,311.5 124.4 87.5 488.9 1989............................................................ 2,745.1 188.8 136.3 999.0 1,356.6 75.2 55.7 501.3 1,388.5 113.5 80.6 497.7 1990............................................................ 2,810.7 159.6 111.6 1,043.8 1,357.2 57.6 40.9 515.0 1,453.5 102.0 70.6 528.9 1991............................................................ 2,761.1 99.8 67.5 1,064.1 1,304.0 14.1 7.4 506.8 1,457.1 85.7 60.1 557.4 1992 \3\........................................................ 2,890.2 32.5 23.2 1,034.7 1,389.8 -33.5 -23.7 473.9 1,500.4 66.0 47.0 560.8 1993............................................................ 3,015.1 118.6 83.9 1,039.7 1,490.2 39.0 27.6 482.7 1,524.9 79.6 56.4 557.1 1994............................................................ 3,255.8 245.3 176.6 1,110.1 1,657.6 121.6 87.6 533.3 1,598.2 123.7 89.1 576.8 1995............................................................ 3,528.3 276.5 200.2 1,240.6 1,807.7 131.2 94.8 613.7 1,720.6 145.3 105.4 627.0 1996............................................................ 3,757.2 308.7 227.0 1,347.6 1,940.7 147.1 106.6 673.7 1,816.5 161.6 120.4 674.0 1995: I......................................................... 843.0 73.4 52.5 1,194.6 431.6 36.3 26.1 588.8 411.5 37.1 26.4 605.8 II........................................................ 889.0 79.5 57.6 1,234.8 457.6 39.5 29.2 616.4 431.4 40.0 28.4 618.4 III....................................................... 881.2 70.8 50.7 1,254.7 445.9 29.2 20.8 619.0 435.3 41.5 29.9 635.8 IV........................................................ 915.1 52.8 39.4 1,278.4 472.7 26.1 18.7 630.5 442.4 26.7 20.7 647.9 1996: I......................................................... 884.8 70.4 51.4 1,299.4 457.5 31.8 22.7 644.2 427.3 38.7 28.7 655.2 II........................................................ 948.4 82.7 59.4 1,328.1 492.5 42.9 31.1 665.0 455.9 39.8 28.3 663.1 III....................................................... 946.6 84.7 62.6 1,358.6 484.0 38.2 27.8 680.5 462.6 46.5 34.8 678.0 IV........................................................ 977.3 70.9 53.6 1,404.4 506.7 34.2 25.1 704.9 470.6 36.6 28.5 699.5 1997: I......................................................... 934.0 82.9 61.1 1,427.9 486.8 38.7 26.9 718.6 447.2 44.3 34.2 709.3 II........................................................ 987.6 92.2 66.8 1,452.8 527.6 49.2 36.1 731.6 460.0 43.0 30.7 721.2 III....................................................... 987.0 87.0 62.7 1,478.2 519.2 41.6 29.2 754.3 467.8 45.4 33.5 723.9 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ In the old series, ``income taxes'' refers to Federal income taxes only, as State and local income taxes had already been deducted. In the new series, no income taxes have been deducted. \2\ Annual data are average equity for the year (using four end-of-quarter figures). \3\ Data for 1992 (most significantly 1992:I) reflect the early adoption of Financial Accounting Standards Board Statement 106 (Employer's Accounting for Post-Retirement Benefits Other Than Pensions) by a large number of companies during the fourth quarter of 1992. Data for 1993:I also reflect adoption of Statement 106. Corporations must show the cumulative effect of a change in accounting principle in the first quarter of the year in which the change is adopted. Note.--Data are not necessarily comparable from one period to another due to changes in accounting principles, industry classifications, sampling procedures, etc. For explanatory notes concerning compilation of the series, see ``Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations,'' Department of Commerce, Bureau of the Census. Source: Department of Commerce, Bureau of the Census.