[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.