[Economic Report of the President (1999)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



CORPORATE PROFITS AND FINANCE


[[Page 432]]


Table B-91.--Corporate profits by industry, 1959-98
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Corporate profits with inventory valuation adjustment and without capital consumption adjustment
-----------------------------------------------------------------------------------------------------------------
Domestic industries
------------------------------------------------------------------------------------------------
Financial\1\                               Nonfinancial
Year or  quarter                              ---------------------------------------------------------------------------------------   Rest
Total                                                               Trans-                               of the
Total             Federal                       Manu-      porta-    Whole-                     world
Total    Reserve    Other    Total      fac-    tion  and    sale    Retail   Other
banks                      turing\2\    public    trade    trade
utilities
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959..................................     53.1     50.4      7.0        0.7      6.3     43.4       26.5       7.1       2.8      3.3      3.6      2.7

1960..................................     51.0     47.8      7.7         .9      6.7     40.2       23.8       7.5       2.5      2.8      3.6      3.1
1961..................................     51.3     48.0      7.5         .8      6.8     40.4       23.4       7.9       2.5      3.0      3.6      3.3
1962..................................     56.4     52.6      7.6         .9      6.8     45.0       26.3       8.5       2.8      3.4      3.9      3.8
1963..................................     61.2     57.1      7.3        1.0      6.4     49.8       29.6       9.5       2.8      3.6      4.4      4.1
1964..................................     67.5     63.0      7.5        1.1      6.4     55.5       32.4      10.2       3.4      4.5      5.1      4.5
1965..................................     77.6     72.9      7.9        1.3      6.5     65.0       39.7      11.0       3.8      4.9      5.6      4.7
1966..................................     83.0     78.5      9.2        1.7      7.5     69.3       42.4      11.9       3.9      4.8      6.2      4.5
1967..................................     80.3     75.5      9.5        2.0      7.6     66.0       39.0      10.9       4.0      5.6      6.4      4.8
1968..................................     86.9     81.3     10.9        2.5      8.4     70.4       41.7      11.0       4.5      6.4      6.8      5.6
1969..................................     83.2     76.6     11.6        3.1      8.5     65.0       37.0      10.6       4.8      6.4      6.2      6.6

1970..................................     71.8     64.7     13.1        3.5      9.6     51.6       27.1       8.2       4.3      6.0      5.9      7.1
1971..................................     85.5     77.7     15.2        3.3     11.9     62.5       34.8       8.9       5.1      7.2      6.6      7.9
1972..................................     97.9     88.4     16.4        3.3     13.1     72.0       41.4       9.4       6.8      7.4      7.1      9.5
1973..................................    110.9     96.0     17.5        4.5     13.0     78.5       46.7       9.0       8.0      6.6      8.2     14.9
1974..................................    103.4     85.9     16.2        5.7     10.5     69.7       40.7       7.6      11.3      2.3      7.7     17.5
1975..................................    129.4    114.8     15.9        5.6     10.3     98.9       54.5      10.9      13.6      8.2     11.6     14.6
1976..................................    158.9    142.3     19.9        5.9     14.0    122.4       70.7      15.3      12.7     10.5     13.3     16.5
1977..................................    186.8    167.7     25.7        6.1     19.6    142.0       78.5      18.5      15.4     12.4     17.1     19.1
1978..................................    213.1    190.2     31.8        7.6     24.1    158.4       89.6      21.7      15.4     12.3     19.4     22.9
1979..................................    220.2    185.6     31.6        9.4     22.2    153.9       88.3      16.9      18.5      9.8     20.5     34.6

1980..................................    198.3    162.9     24.3       11.8     12.6    138.5       75.8      18.3      16.7      6.1     21.6     35.5
1981..................................    204.1    174.4     18.7       14.4      4.3    155.7       87.5      20.1      21.9      9.8     16.3     29.7
1982..................................    166.8    139.4     15.6       15.2       .4    123.8       63.4      20.9      19.0     13.1      7.4     27.4
1983..................................    203.7    173.1     24.8       14.6     10.2    148.3       72.8      29.7      18.7     18.7      8.4     30.6
1984..................................    238.5    205.8     20.5       16.4      4.1    185.3       86.6      39.7      27.8     21.5      9.8     32.7
1985..................................    230.5    197.1     29.0       16.3     12.6    168.1       81.6      34.3      20.6     22.5      9.1     33.4
1986..................................    234.0    199.3     36.4       15.5     20.9    162.9       60.2      38.1      22.9     23.7     18.0     34.6
1987..................................    272.9    231.3     37.1       15.7     21.4    194.2       85.0      41.7      16.7     23.9     26.9     41.6
1988..................................    325.0    274.3     43.0       17.6     25.4    231.2      115.1      48.7      19.3     19.6     28.5     50.7
1989..................................    330.6    272.6     53.1       20.2     32.9    219.6      109.3      42.6      20.4     20.7     26.6     58.0

1990..................................    358.2    292.5     68.6       21.4     47.2    223.8      112.3      43.2      17.2     20.6     30.6     65.7
1991..................................    378.2    309.5     87.4       20.3     67.1    222.1       92.7      53.9      20.6     26.1     28.9     68.7
1992..................................    398.9    334.0     83.7       17.8     65.9    250.3       96.3      57.8      23.0     32.2     41.0     64.9
1993..................................    456.9    383.0     82.9       16.1     66.8    300.1      116.7      69.4      24.3     38.9     50.9     73.9
1994..................................    519.1    445.7     69.4       17.8     51.7    376.3      151.6      83.1      29.4     46.0     66.2     73.4
1995..................................    613.0    523.4    104.6       22.2     82.4    418.8      183.9      86.0      26.2     43.3     79.5     89.5
1996..................................    679.0    582.6    110.7       21.8     88.9    471.8      195.6      92.7      37.9     51.8     93.8     96.4
1997..................................    741.2    642.2    130.0       23.3    106.6    512.3      214.4      88.4      49.8     61.2     98.5     99.0

1993:I................................    419.2    339.7     76.6       16.4     60.2    263.1       95.8      65.5      20.5     34.7     46.5     79.5
II................................    444.4    374.5     84.7       16.0     68.6    298.8      115.1      68.2      26.3     36.6     43.6     69.9
III...............................    459.8    382.7     79.4       16.0     63.4    303.3      113.8      70.0      24.8     41.4     53.3     77.1
IV................................    504.1    435.2     91.0       15.9     75.0    344.2      142.2      73.8      25.4     42.7     60.2     68.9

1994:I................................    470.8    398.9     44.1       16.1     28.1    354.7      149.7      74.0      28.1     41.6     61.3     71.9
II................................    510.2    437.9     72.3       16.8     55.5    365.6      138.8      82.3      33.8     47.4     63.2     72.3
III...............................    535.0    460.7     81.3       18.2     63.1    379.5      151.6      85.1      27.3     47.2     68.3     74.2
IV................................    560.3    485.2     80.0       20.0     60.0    405.3      166.2      90.8      28.6     47.8     71.8     75.0

1995:I................................    572.6    487.5     93.9       21.7     72.2    393.6      170.3      84.2      22.8     42.5     73.8     85.1
II................................    595.5    502.3    104.2       22.5     81.6    398.1      176.9      84.0      21.2     41.9     74.1     93.2
III...............................    637.4    553.9    116.0       22.4     93.6    438.0      193.0      89.3      29.7     43.5     82.4     83.4
IV................................    646.5    550.0    104.4       22.1     82.4    445.6      195.4      86.3      31.1     45.3     87.6     96.4

1996:I................................    667.0    574.4    116.5       21.6     94.9    457.9      191.6      89.6      35.6     49.7     91.3     92.6
II................................    677.1    583.7    116.6       21.7     95.0    467.0      195.0      96.2      31.9     52.5     91.4     93.5
III...............................    683.0    589.4    111.7       21.8     89.9    477.7      197.3      93.9      37.7     53.8     95.1     93.6
IV................................    688.7    582.8     98.0       22.1     76.0    484.8      198.6      91.3      46.3     51.2     97.3    105.9

1997:I................................    720.5    624.0    127.7       22.6    105.1    496.3      200.8      89.8      48.3     60.8     96.6     96.4
II................................    740.1    634.7    128.7       23.0    105.8    506.0      215.5      87.0      50.5     59.1     93.8    105.4
III...............................    763.7    661.4    128.6       23.6    105.0    532.8      228.9      88.3      52.7     62.7    100.1    102.3
IV................................    740.7    648.7    134.7       24.1    110.6    514.0      212.3      88.6      47.6     62.2    103.4     92.0

1998:I................................    744.3    645.8    136.3       24.5    111.8    509.4      197.1      91.7      51.5     67.4    101.8     98.6
II................................    731.3    633.9    134.4       24.4    110.0    499.5      194.6      87.5      53.5     67.4     96.5     97.3
III...............................    732.1    642.2    133.2       24.7    108.5    509.0      195.0      92.7      53.9     67.1    100.2    89.9
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\1\Consists of the following industries: Depository institutions; nondepository credit institutions; security and commodity brokers; insurance carriers;
regulated investment companies; small business investment companies; and real estate investment trusts.
\2\See Table B-92 for industry detail.

Note.--The industry classification is on a company 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.