[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-15.--Output, costs, and profits of nonfinancial corporate business, 1959-97 [Quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Gross domestic Current-dollar cost and profit per unit of real output (dollars)\1\ product of ---------------------------------------------------------------------------- nonfinancial Corporate profits with corporate inventory valuation and business Con- Com- capital consumption (billions of Total sump- Indi- pen- adjustments Year or quarter dollars) cost and tion rect sation ----------------------------- Net ------------------ of busi- of interest Chained profit\2\ fixed ness employ- Profits Profits Current (1992) cap- taxes ees Total tax after ital \3\ liability tax\4\ dollars dollars -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959..................................................... 267.5 910.3 0.294 0.026 0.029 0.188 0.047 0.023 0.025 0.003 1960..................................................... 278.1 940.4 .296 .026 .030 .193 .043 .020 .023 .004 1961..................................................... 285.5 960.5 .297 .026 .031 .193 .043 .020 .023 .004 1962..................................................... 311.7 1,041.5 .299 .025 .031 .192 .047 .020 .027 .004 1963..................................................... 331.8 1,101.1 .301 .025 .031 .192 .050 .021 .029 .004 1964..................................................... 358.1 1,178.5 .304 .024 .031 .192 .052 .020 .032 .005 1965..................................................... 393.5 1,275.2 .309 .024 .031 .193 .056 .021 .035 .005 1966..................................................... 431.0 1,364.4 .316 .024 .030 .201 .056 .022 .034 .005 1967..................................................... 453.4 1,399.1 .324 .026 .031 .209 .052 .020 .032 .006 1968..................................................... 500.5 1,487.7 .336 .027 .033 .217 .052 .023 .030 .007 1969..................................................... 543.3 1,546.9 .351 .028 .035 .232 .047 .022 .025 .009 1970..................................................... 561.4 1,532.5 .366 .032 .038 .247 .038 .018 .020 .011 1971..................................................... 606.4 1,594.1 .380 .033 .040 .252 .043 .019 .024 .011 1972..................................................... 673.3 1,719.4 .392 .033 .040 .260 .047 .020 .027 .011 1973..................................................... 754.5 1,819.7 .415 .034 .042 .278 .048 .022 .026 .012 1974..................................................... 814.6 1,786.8 .456 .041 .046 .312 .042 .024 .018 .016 1975..................................................... 881.2 1,759.3 .501 .050 .050 .330 .055 .024 .032 .016 1976..................................................... 995.3 1,901.3 .524 .051 .050 .346 .062 .028 .034 .014 1977..................................................... 1,125.4 2,041.8 .551 .053 .051 .364 .068 .029 .039 .015 1978..................................................... 1,284.1 2,177.1 .590 .057 .053 .392 .071 .031 .040 .017 1979..................................................... 1,429.7 2,224.2 .643 .065 .056 .435 .066 .031 .035 .020 1980..................................................... 1,553.8 2,229.9 .697 .074 .064 .475 .058 .030 .028 .026 1981..................................................... 1,767.3 2,331.9 .758 .083 .073 .502 .069 .027 .041 .031 1982..................................................... 1,823.4 2,298.8 .793 .091 .075 .529 .062 .020 .042 .036 1983..................................................... 1,950.3 2,405.1 .811 .093 .079 .532 .075 .025 .051 .032 1984..................................................... 2,187.5 2,641.2 .828 .087 .080 .538 .090 .028 .063 .033 1985..................................................... 2,319.3 2,747.3 .844 .087 .082 .554 .089 .025 .063 .033 1986..................................................... 2,416.3 2,835.4 .852 .089 .083 .565 .080 .027 .053 .035 1987..................................................... 2,589.6 2,973.9 .871 .089 .083 .577 .087 .031 .056 .035 1988..................................................... 2,805.2 3,130.1 .896 .089 .084 .590 .094 .033 .062 .039 1989..................................................... 2,950.9 3,179.8 .928 .094 .088 .613 .087 .031 .056 .046 1990..................................................... 3,084.0 3,210.2 .961 .096 .092 .640 .086 .030 .056 .046 1991..................................................... 3,132.1 3,168.8 .988 .101 .100 .660 .085 .027 .058 .042 1992..................................................... 3,262.6 3,262.6 1.000 .101 .103 .673 .091 .028 .063 .032 1993..................................................... 3,430.4 3,374.4 1.017 .101 .106 .679 .103 .031 .072 .028 1994..................................................... 3,709.7 3,586.3 1.034 .101 .108 .677 .122 .036 .086 .027 1995..................................................... 3,905.3 3,719.7 1.050 .100 .107 .687 .128 .037 .090 .027 1996..................................................... 4,132.4 3,887.8 1.063 .101 .108 .690 .140 .040 .101 .023 1992: I.................................................. 3,202.2 3,217.0 .995 .101 .103 .669 .089 .026 .063 .034 II................................................. 3,236.1 3,238.4 .999 .100 .102 .674 .090 .029 .061 .033 III................................................ 3,270.5 3,267.0 1.001 .105 .103 .676 .085 .028 .058 .031 IV................................................. 3,341.7 3,328.2 1.004 .099 .105 .672 .099 .030 .069 .030 1993: I.................................................. 3,351.8 3,310.2 1.013 .101 .105 .681 .095 .028 .068 .030 II................................................. 3,400.3 3,352.5 1.014 .101 .106 .680 .100 .031 .069 .028 III................................................ 3,444.3 3,387.2 1.017 .102 .106 .679 .102 .030 .072 .027 IV................................................. 3,525.2 3,447.7 1.022 .100 .108 .675 .113 .035 .078 .027 1994: I.................................................. 3,624.5 3,526.1 1.028 .106 .108 .673 .115 .034 .081 .026 II................................................. 3,668.9 3,559.8 1.031 .099 .108 .677 .120 .035 .085 .026 III................................................ 3,729.1 3,594.6 1.037 .099 .109 .679 .124 .036 .087 .027 IV................................................. 3,816.4 3,664.9 1.041 .098 .108 .678 .129 .038 .090 .028 1995: I.................................................. 3,833.6 3,664.9 1.046 .099 .108 .687 .123 .038 .084 .029 II................................................. 3,860.4 3,683.2 1.048 .101 .108 .689 .122 .037 .086 .028 III................................................ 3,940.4 3,747.7 1.051 .100 .107 .685 .132 .037 .094 .027 IV................................................. 3,986.8 3,782.9 1.054 .101 .107 .686 .133 .037 .096 .026 1996: I.................................................. 4,030.7 3,801.8 1.060 .101 .109 .687 .138 .039 .099 .025 II................................................. 4,112.9 3,872.4 1.062 .101 .109 .689 .140 .040 .100 .024 III................................................ 4,165.8 3,913.7 1.064 .101 .108 .691 .141 .040 .101 .022 IV................................................. 4,220.1 3,963.5 1.065 .101 .108 .693 .142 .040 .102 .021 1997: I.................................................. 4,299.7 4,022.2 1.069 .101 .107 .697 .143 .040 .103 .021 II................................................. 4,361.1 4,068.9 1.072 .101 .107 .698 .144 .040 .104 .021 III................................................ 4,446.3 4,146.5 1.072 .100 .107 .695 .149 .042 .107 .021 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ Output is measured by gross domestic product of nonfinancial corporate business in chained (1992) dollars. \2\ This is equal to the deflator for gross domestic product of nonfinancial corporate business with the decimal point shifted two places to the left. \3\ Indirect business tax and nontax liability plus business transfer payments less subsidies. \4\ With inventory valuation and capital consumption adjustments. Source: Department of Commerce, Bureau of Economic Analysis.