[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-14.--Gross domestic product of nonfinancial corporate business, 1959-97 [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Net domestic product -------------------------------------------------------------------------------------------------------------------------- Gross Domestic income domes- ------------------------------------------------------------------------------------------------------ tic Con- Corporate profits with inventory valuation and capital consumption product sump- adjustments of non- tion Indi- --------------------------------------------------------------------------- Year or quarter financial of rect Com- Profits corpo- fixed Total busi- pensa- ------------------------------------------------ Inven- Capital Net rate cap- ness Total tion of Profits after tax tory con- inter- busi- ital taxes\1\ employ- Total Profits Profits ---------------------------- valu- sump- est ness ees before tax Undis- ation tion tax liability Total Divi- tributed adjust- adjust- dends profits ment ment ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1959.............................................. 267.5 23.6 243.8 26.0 217.8 171.5 43.2 43.6 20.7 22.9 10.0 12.9 -0.3 -0.1 3.1 1960.............................................. 278.1 24.5 253.6 28.3 225.3 181.2 40.7 40.3 19.2 21.1 10.6 10.6 -.2 .5 3.5 1961.............................................. 285.5 25.1 260.5 29.5 230.9 185.3 41.6 40.1 19.5 20.7 10.6 10.1 .3 1.2 4.0 1962.............................................. 311.7 26.0 285.7 32.0 253.7 200.1 49.1 45.0 20.6 24.3 11.4 13.0 .0 4.1 4.5 1963.............................................. 331.8 27.0 304.8 34.0 270.8 211.1 54.9 49.8 22.8 27.0 12.6 14.4 .1 5.0 4.8 1964.............................................. 358.1 28.4 329.8 36.6 293.2 226.7 61.2 56.0 24.0 32.1 13.7 18.4 -.5 5.7 5.3 1965.............................................. 393.5 30.3 363.2 39.2 324.0 246.5 71.4 66.2 27.2 39.0 15.6 23.4 -1.2 6.5 6.1 1966.............................................. 431.0 33.2 397.8 40.5 357.4 274.0 76.1 71.4 29.5 41.9 16.8 25.1 -2.1 6.8 7.4 1967.............................................. 453.4 36.3 417.2 43.1 374.1 292.3 73.0 67.5 27.8 39.7 17.5 22.2 -1.6 7.0 8.8 1968.............................................. 500.5 39.9 460.5 49.7 410.8 323.2 77.5 74.0 33.6 40.4 19.1 21.3 -3.7 7.1 10.1 1969.............................................. 543.3 44.1 499.2 54.7 444.5 358.8 72.5 70.8 33.3 37.5 19.1 18.4 -5.9 7.5 13.2 1970.............................................. 561.4 48.5 512.8 58.8 454.0 378.7 58.3 58.1 27.2 31.0 18.5 12.5 -6.6 6.7 17.1 1971.............................................. 606.4 53.0 553.4 64.5 488.9 402.0 68.8 67.1 29.9 37.1 18.5 18.7 -4.6 6.3 18.1 1972.............................................. 673.3 57.6 615.8 69.2 546.6 447.1 80.4 78.6 33.8 44.8 20.1 24.7 -6.6 8.4 19.2 1973.............................................. 754.5 62.6 691.8 76.3 615.5 505.9 87.1 98.6 40.2 58.4 21.1 37.3 -20.0 8.6 22.5 1974.............................................. 814.6 73.3 741.3 81.4 659.9 556.8 74.8 109.2 42.2 67.0 21.7 45.2 -39.5 5.1 28.3 1975.............................................. 881.2 87.5 793.7 87.4 706.3 580.3 97.3 109.9 41.5 68.4 24.8 43.6 -11.0 -1.6 28.7 1976.............................................. 995.3 96.9 898.4 95.1 803.3 657.4 118.4 137.3 53.0 84.4 28.0 56.3 -14.9 -4.0 27.5 1977.............................................. 1,125.4 108.8 1,016.7 104.1 912.6 742.6 139.4 158.6 59.9 98.7 31.5 67.2 -16.6 -2.6 30.6 1978.............................................. 1,284.1 124.4 1,159.7 116.4 1,043.2 852.9 154.0 183.5 67.1 116.4 36.4 80.0 -25.0 -4.5 36.3 1979.............................................. 1,429.7 143.9 1,285.8 125.4 1,160.4 968.1 147.2 195.5 69.6 125.9 38.1 87.9 -41.6 -6.8 45.1 1980.............................................. 1,553.8 165.4 1,388.4 141.6 1,246.8 1,058.5 130.1 181.6 67.0 114.6 45.3 69.2 -43.0 -8.4 58.2 1981.............................................. 1,767.3 193.2 1,574.1 170.4 1,403.7 1,171.5 160.3 181.4 63.9 117.5 53.3 64.2 -25.7 4.6 71.9 1982.............................................. 1,823.4 209.7 1,613.7 172.1 1,441.6 1,217.0 142.1 133.7 46.3 87.4 53.3 34.2 -9.9 18.3 82.5 1983.............................................. 1,950.3 222.7 1,727.6 189.0 1,538.6 1,280.5 181.5 157.4 59.4 97.9 64.2 33.8 -9.1 33.2 76.6 1984.............................................. 2,187.5 228.7 1,958.8 210.2 1,748.6 1,421.7 239.0 191.0 73.7 117.3 67.8 49.5 -5.6 53.7 87.8 1985.............................................. 2,319.3 238.9 2,080.4 224.4 1,856.0 1,521.9 243.5 167.6 69.9 97.6 72.3 25.4 .5 75.4 90.6 1986.............................................. 2,416.3 253.2 2,163.1 235.8 1,927.3 1,603.2 226.0 151.5 75.6 75.9 73.9 2.1 11.4 63.1 98.1 1987.............................................. 2,589.6 263.6 2,326.1 246.7 2,079.3 1,715.5 258.6 214.9 93.5 121.4 75.9 45.5 -20.7 64.4 105.3 1988.............................................. 2,805.2 279.7 2,525.5 263.5 2,262.0 1,846.7 294.3 260.6 101.7 158.8 79.4 79.4 -29.3 63.1 121.0 1989.............................................. 2,950.9 297.4 2,653.5 280.8 2,372.7 1,950.0 276.7 237.0 98.8 138.3 103.5 34.8 -17.5 57.2 145.9 1990.............................................. 3,084.0 308.4 2,775.6 296.8 2,478.8 2,056.0 275.3 237.3 95.7 141.6 118.4 23.3 -13.5 51.5 147.5 1991.............................................. 3,132.1 320.2 2,811.9 318.0 2,493.9 2,090.6 269.7 218.1 85.4 132.8 124.6 8.2 4.0 47.6 133.7 1992.............................................. 3,262.6 330.5 2,932.2 337.0 2,595.1 2,195.3 295.6 257.8 91.1 166.7 133.6 33.1 -7.5 45.3 104.2 1993.............................................. 3,430.4 340.3 3,090.1 358.5 2,731.6 2,290.7 346.4 308.6 105.0 203.6 147.7 55.9 -8.5 46.3 94.5 1994.............................................. 3,709.7 360.7 3,349.0 389.0 2,960.1 2,426.7 437.1 392.3 128.8 263.5 158.6 104.9 -16.1 60.8 96.3 1995.............................................. 3,905.3 373.4 3,531.9 399.8 3,132.1 2,555.5 474.6 438.3 139.4 298.9 188.3 110.6 -24.3 60.5 102.0 1996.............................................. 4,132.4 393.4 3,739.0 421.8 3,317.2 2,682.9 545.8 477.2 154.8 322.4 196.4 126.0 -2.5 71.1 88.5 1997 ... 2,866.5 ....... ....... ......... ....... ....... ........ 4.9 79.7 ...... 1992: I........................................... 3,202.2 323.3 2,878.9 330.4 2,548.4 2,152.8 285.5 236.3 82.4 153.9 124.0 29.9 .3 48.9 110.2 II.......................................... 3,236.1 325.1 2,911.0 331.8 2,579.2 2,183.2 290.0 262.6 93.6 169.0 129.7 39.3 -21.9 49.3 106.0 III......................................... 3,270.5 343.8 2,926.7 337.8 2,588.9 2,209.3 278.9 254.4 89.9 164.5 134.3 30.2 -8.6 33.0 100.8 IV.......................................... 3,341.7 329.7 3,012.0 348.0 2,664.0 2,236.1 328.2 277.9 98.4 179.5 146.3 33.2 .2 50.1 99.7 1993: I........................................... 3,351.8 335.8 3,015.9 348.2 2,667.7 2,253.5 316.0 275.6 92.5 183.1 143.5 39.6 -12.5 52.9 98.2 II.......................................... 3,400.3 337.3 3,063.0 353.8 2,709.2 2,279.9 334.4 306.9 104.7 202.2 144.2 58.0 -17.1 44.5 95.0 III......................................... 3,444.3 344.5 3,099.8 359.7 2,740.1 2,301.5 345.5 303.1 102.9 200.2 147.6 52.5 .2 42.2 93.1 IV.......................................... 3,525.2 343.4 3,181.9 372.3 2,809.6 2,327.8 389.9 349.0 120.0 228.9 155.6 73.4 -4.8 45.7 91.9 1994: I........................................... 3,624.5 375.1 3,249.3 380.4 2,868.9 2,372.5 405.4 359.1 119.5 239.6 150.4 89.2 -4.3 50.6 91.1 II.......................................... 3,668.9 351.6 3,317.3 386.1 2,931.1 2,409.8 427.0 380.7 124.6 256.1 158.7 97.4 -15.1 61.4 94.3 III......................................... 3,729.1 355.9 3,373.2 392.3 2,980.9 2,439.2 444.1 400.7 130.1 270.6 158.5 112.1 -21.2 64.6 97.6 IV.......................................... 3,816.4 360.0 3,456.4 397.1 3,059.2 2,485.2 472.0 428.9 141.1 287.8 166.8 121.0 -23.6 66.7 102.1 1995: I........................................... 3,833.6 364.4 3,469.2 395.7 3,073.5 2,519.3 449.0 437.6 140.8 296.9 183.4 113.5 -50.3 61.7 105.2 II.......................................... 3,860.4 370.6 3,489.8 397.1 3,092.7 2,538.4 450.3 428.3 135.3 293.0 189.1 103.9 -37.8 59.8 104.0 III......................................... 3,940.4 375.4 3,564.9 401.3 3,163.7 2,568.6 494.3 443.1 140.1 303.0 191.4 111.6 -9.3 60.4 100.8 IV.......................................... 3,986.8 383.1 3,603.7 405.2 3,198.5 2,595.5 504.8 444.3 141.5 302.9 189.3 113.6 .4 60.1 98.2 1996: I........................................... 4,030.7 385.5 3,645.2 413.2 3,232.0 2,613.1 525.4 463.4 149.2 314.2 200.3 113.9 -5.1 67.1 93.5 II.......................................... 4,112.9 390.2 3,722.7 420.2 3,302.5 2,668.6 542.8 477.4 154.1 323.3 194.3 129.1 -5.4 70.8 91.2 III......................................... 4,165.8 396.2 3,769.7 423.7 3,345.9 2,704.7 553.3 483.4 156.8 326.6 191.8 134.8 -2.7 72.6 88.0 IV.......................................... 4,220.1 401.8 3,818.3 430.0 3,388.3 2,745.3 561.7 484.4 159.0 325.5 199.4 126.1 3.3 74.0 81.3 1997: I........................................... 4,299.7 406.3 3,893.4 432.2 3,461.2 2,801.9 575.4 494.5 159.4 335.1 207.0 128.2 3.5 77.4 83.9 II.......................................... 4,361.1 410.7 3,950.4 437.0 3,513.3 2,840.1 586.7 501.5 161.8 339.8 208.1 131.7 5.9 79.3 86.6 III......................................... 4,446.3 415.3 4,031.0 445.3 3,585.7 2,880.6 618.2 534.2 174.1 360.1 207.7 152.4 3.6 80.4 87.0 IV p........................................ ......... 421.0 ........ 444.4 ........ 2,943.6 ....... ....... ......... ....... ....... ........ 6.5 81.6 ...... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Indirect business tax and nontax liability plus business transfer payments less subsidies. Source: Department of Commerce, Bureau of Economic Analysis.