[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 433]]


Table B-92.--Corporate profits of manufacturing industries, 1959-98
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
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Corporate profits with inventory valuation adjustment and without capital consumption adjustment
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Durable goods                                             Nondurable goods
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Chem-   Petro-
Year or quarter                           Total                                    Industrial  Electronic    Motor                               icals     leum
manufac-             Primary   Fabricated   machinery   and other   vehicles                  Food and    and      and
turing   Total      metal       metal        and      electric      and      Other   Total   kindred   allied    coal    Other
industries   products    equipment   equipment  equipment                  products   prod-    prod-
ucts     ucts
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1959..........................................................      26.5     13.7        2.3         1.1         2.2         1.7        3.0      3.5    12.8       2.5      3.5      2.6     4.3

1960..........................................................      23.8     11.7        2.0          .8         1.8         1.3        3.0      2.8    12.1       2.2      3.1      2.6     4.2
1961..........................................................      23.4     11.4        1.6         1.0         1.9         1.3        2.5      3.1    12.0       2.4      3.3      2.2     4.2
1962..........................................................      26.3     14.1        1.6         1.2         2.4         1.5        4.0      3.5    12.2       2.4      3.2      2.2     4.4
1963..........................................................      29.6     16.4        2.0         1.3         2.5         1.6        4.9      4.0    13.2       2.7      3.7      2.2     4.7
1964..........................................................      32.4     18.0        2.5         1.4         3.3         1.7        4.6      4.5    14.4       2.7      4.1      2.3     5.3
1965..........................................................      39.7     23.2        3.1         2.1         4.0         2.7        6.2      5.2    16.4       2.8      4.6      2.9     6.1
1966..........................................................      42.4     23.9        3.6         2.4         4.5         3.0        5.1      5.3    18.4       3.3      4.9      3.4     6.8
1967..........................................................      39.0     21.2        2.7         2.5         4.1         3.0        4.0      5.0    17.8       3.2      4.3      3.9     6.4
1968..........................................................      41.7     22.4        1.9         2.3         4.1         2.9        5.5      5.7    19.2       3.2      5.2      3.7     7.0
1969..........................................................      37.0     19.0        1.4         2.0         3.7         2.3        4.8      4.9    18.0       3.0      4.6      3.3     7.0

1970..........................................................      27.1     10.4         .8         1.1         3.0         1.3        1.3      3.0    16.8       3.2      3.9      3.6     6.1
1971..........................................................      34.8     16.6         .8         1.5         3.0         1.9        5.1      4.2    18.2       3.5      4.5      3.7     6.5
1972..........................................................      41.4     22.6        1.6         2.2         4.3         2.8        5.9      5.7    18.8       2.9      5.2      3.2     7.5
1973..........................................................      46.7     25.0        2.3         2.6         4.7         3.2        5.9      6.3    21.7       2.5      6.1      5.2     7.9
1974..........................................................      40.7     15.1        5.0         1.8         3.1          .5         .7      4.1    25.7       2.6      5.2     10.7     7.2
1975..........................................................      54.5     20.3        2.7         3.2         4.8         2.6        2.2      4.8    34.1       8.6      6.3      9.8     9.4
1976..........................................................      70.7     31.2        2.1         3.9         6.7         3.8        7.4      7.4    39.5       7.1      8.2     13.3    11.0
1977..........................................................      78.5     37.6        1.0         4.5         8.3         5.8        9.3      8.6    41.0       6.8      7.7     12.9    13.6
1978..........................................................      89.6     45.0        3.6         5.0        10.4         6.6        8.9     10.5    44.6       6.1      8.2     15.5    14.8
1979..........................................................      88.3     36.5        3.5         5.2         9.1         5.4        4.6      8.6    51.8       5.8      7.1     24.5    14.6

1980..........................................................      75.8     17.9        2.6         4.3         7.5         5.0       -4.3      2.8    57.8       6.0      5.5     33.6    12.9
1981..........................................................      87.5     18.1        3.0         4.4         8.2         4.9         .2     -2.7    69.4       9.0      7.6     38.6    14.2
1982..........................................................      63.4      4.9       -4.7         2.6         3.4         1.3        -.3      2.7    58.5       7.3      4.7     31.6    14.9
1983..........................................................      72.8     18.6       -5.0         3.0         3.7         3.4        5.2      8.3    54.2       6.1      6.9     22.5    18.6
1984..........................................................      86.6     36.7        -.5         4.6         5.5         5.1        8.9     13.0    49.9       6.5      7.7     16.1    19.6
1985..........................................................      81.6     30.1        -.8         4.7         5.5         2.5        7.3     10.8    51.6       8.6      6.1     17.3    19.6
1986..........................................................      60.2     28.6         .9         5.2         2.7         2.7        4.4     12.7    31.7       7.3      8.0     -5.8    22.1
1987..........................................................      85.0     40.1        2.7         5.4         4.7         6.5        3.8     17.0    45.0      11.3     15.1     -3.8    22.4
1988..........................................................     115.1     49.2        5.9         6.3         9.4         5.7        5.7     16.2    65.9      11.9     19.3     10.4    24.3
1989..........................................................     109.3     49.3        6.0         6.5        11.1         9.5        2.2     13.9    60.0      11.0     19.0      5.0    25.0

1990..........................................................     112.3     40.9        3.3         6.2        10.2         8.4       -2.2     15.0    71.4      14.5     17.0     17.0    22.9
1991..........................................................      92.7     30.5        1.3         5.4         4.3         8.9       -5.4     16.0    62.1      18.2     15.7      5.9    22.3
1992..........................................................      96.3     37.1        -.1         6.5         5.6        10.0       -1.1     16.2    59.1      18.3     16.5     -1.6    26.0
1993..........................................................     116.7     54.5         .3         7.4         7.5        15.3        5.5     18.6    62.2      16.5     17.4      2.3    26.0
1994..........................................................     151.6     76.7        2.2        11.0        12.7        22.5        7.5     20.9    74.8      20.0     24.5       .1    30.2
1995..........................................................     183.9     87.1        7.0        11.8        22.3        21.0        -.1     25.0    96.8      27.6     29.7      6.4    33.1
1996..........................................................     195.6     97.2        5.4        14.2        26.1        20.1        2.4     29.0    98.5      22.0     28.8     10.9    36.7
1997..........................................................     214.4    107.3        5.6        15.5        27.6        24.8        3.8     30.0   107.1      22.7     28.1     18.0    38.3

1993:I........................................................      95.8     39.1       -1.9         5.4         4.2        13.8        -.3     18.0    56.7      18.1     18.3     -6.1    26.4
II........................................................     115.1     52.9        1.2         7.3         8.1        12.4        4.7     19.2    62.2      15.9     15.2      2.7    28.3
III.......................................................     113.8     55.9        -.3         7.6         9.3        16.8        4.7     17.8    57.9      16.4     15.2      3.8    22.5
IV........................................................     142.2     70.3        2.1         9.1         8.4        18.3       12.9     19.4    71.9      15.6     20.9      8.8    26.6

1994:I........................................................     149.7     77.0        2.2        10.6         9.8        20.1       14.1     20.1    72.7      19.3     22.6       .0    30.8
II........................................................     138.8     73.7        1.7        10.0        12.5        20.8        8.8     20.0    65.1      18.5     23.7     -9.2    32.1
III.......................................................     151.6     73.3        2.3        10.8        12.2        23.6        3.7     20.7    78.3      19.7     24.0      4.7    29.9
IV........................................................     166.2     83.0        2.6        12.7        16.3        25.5        3.3     22.7    83.2      22.5     27.8      5.0    27.9

1995:I........................................................     170.3     85.0        6.6        11.6        20.0        21.5        2.1     23.2    85.3      25.2     26.4      1.5    32.1
II........................................................     176.9     82.1        8.0        12.3        20.4        18.9       -1.7     24.0    94.9      27.9     30.3      5.9    30.8
III.......................................................     193.0     89.5        6.7        11.5        23.9        21.7         .2     25.5   103.5      28.7     31.8     10.4    32.7
IV........................................................     195.4     92.0        6.8        11.9        24.9        22.0        -.9     27.4   103.4      28.5     30.5      7.7    36.7

1996:I........................................................     191.6     91.4        5.5        13.7        27.2        17.6         .7     26.8   100.2      23.8     30.5      7.7    38.2
II........................................................     195.0     98.5        5.0        12.9        26.3        19.5        4.7     30.1    96.6      19.2     30.2     10.8    36.3
III.......................................................     197.3    100.1        6.0        15.2        25.8        19.7        5.0     28.2    97.2      20.6     28.2     11.3    37.1
IV........................................................     198.6     98.8        5.1        15.1        25.2        23.4        -.8     30.7    99.8      24.2     26.4     13.8    35.3

1997:I........................................................     200.8     96.0        4.3        14.2        22.3        23.4        4.3     27.4   104.8      21.4     27.8     18.1    37.4
II........................................................     215.5    105.7        5.5        14.9        26.6        24.4        2.6     31.7   109.8      21.4     27.2     20.7    40.5
III.......................................................     228.9    120.0        6.6        17.3        31.5        27.6        6.0     31.0   109.0      22.2     28.9     18.2    39.7
IV........................................................     212.3    107.5        5.8        15.7        30.1        24.0        2.1     29.8   104.8      25.9     28.4     14.9    35.7

1998:I........................................................     197.1    100.8        6.3        12.6        23.2        21.9        6.2     30.7    96.2      20.6     27.0     10.9    37.8
II........................................................     194.6    104.5        5.7        15.5        28.5        19.8        4.9     30.1    90.2      21.4     18.9     10.0    39.8
III.......................................................     195.0    109.4        4.9        17.5        30.4        20.5        4.6     31.5    85.6      22.0     18.4      7.2    38.0
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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. In the
1972 SIC, the categories shown here as ``industrial machinery and equipment'' and ``electronic and other electric equipment'' were identified as ``machinery, except electrical'' and
``electric and electronic equipment,'' respectively.

Source: Department of Commerce, Bureau of Economic Analysis.