[Economic Report of the President (2000)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



[[Page 323]]

 
Table B-13.--Output, price, costs, and profits of nonfinancial corporate business, 1959-99
[Quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Gross  product                  Price, costs, and profit per unit of real output (dollars)
of  nonfinancial ----------------------------------------------------------------------------------------
corporate                    Com-             Unit nonlabor cost             Corporate profits with
business       Price  per    pen-   -------------------------------------   inventory valuation and
(billions of      unit of     sation                                            capital consumption
Year or quarter                     dollars)       real gross     of               Com-     Indi-                    adjustments\3\
------------------ product  of   employ-           sump-     rect             ----------------------------
Chained     nonfi-       ees     Total    tion     busi-      Net
Current   (1996)    nancial      (unit              of      ness    interest            Profits   Profits
corporate     labor            fixed   taxes\2\             Total      tax       after
dollars  dollars  business\1\    cost)           capital                               liability   tax\4\
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959.........................................    275.5    940.2      0.293       0.182   0.064    0.025     0.036     0.003    0.046     0.022     0.024

1960.........................................    286.6    971.4       .295        .186    .067     .025      .038      .004     .042      .020      .023
1961.........................................    294.5    993.8       .296        .186    .068     .025      .039      .004     .042      .020      .023
1962.........................................    321.1  1,075.2       .299        .186    .067     .024      .039      .004     .046      .019      .027
1963.........................................    341.5  1,137.1       .300        .185    .065     .023      .038      .004     .049      .020      .029
1964.........................................    368.4  1,216.2       .303        .186    .065     .023      .038      .004     .051      .020      .031
1965.........................................    404.1  1,314.6       .307        .187    .066     .023      .038      .005     .055      .021      .034
1966.........................................    442.2  1,404.6       .315        .195    .065     .023      .037      .005     .055      .021      .034
1967.........................................    465.4  1,441.0       .323        .203    .069     .025      .038      .006     .051      .019      .032
1968.........................................    512.6  1,529.3       .335        .211    .073     .026      .040      .007     .051      .022      .029
1969.........................................    556.1  1,589.2       .350        .226    .078     .028      .042      .008     .046      .021      .025

1970.........................................    575.3  1,575.2       .365        .240    .088     .031      .046      .011     .038      .017      .020
1971.........................................    621.1  1,637.8       .379        .245    .092     .033      .048      .011     .042      .018      .024
1972.........................................    689.1  1,765.2       .390        .253    .092     .033      .048      .011     .046      .019      .027
1973.........................................    771.1  1,865.3       .413        .270    .095     .034      .049      .012     .047      .022      .026
1974.........................................    833.0  1,832.1       .455        .303    .110     .041      .054      .015     .042      .023      .019
1975.........................................    900.7  1,802.8       .500        .321    .125     .050      .059      .016     .054      .023      .031
1976.........................................  1,015.2  1,942.7       .523        .337    .124     .051      .059      .014     .062      .027      .034
1977.........................................  1,147.2  2,082.5       .551        .355    .128     .053      .060      .015     .068      .029      .039
1978.........................................  1,305.7  2,218.3       .589        .384    .134     .057      .061      .016     .070      .030      .040
1979.........................................  1,453.4  2,270.9       .640        .425    .149     .065      .064      .020     .066      .031      .035

1980.........................................  1,581.0  2,283.1       .692        .463    .172     .075      .072      .025     .058      .029      .028
1981.........................................  1,797.9  2,390.6       .752        .489    .194     .082      .082      .030     .068      .027      .042
1982.........................................  1,859.7  2,367.0       .786        .514    .211     .092      .084      .035     .061      .020      .042
1983.........................................  1,984.2  2,476.5       .801        .517    .209     .091      .087      .031     .075      .024      .051
1984.........................................  2,229.3  2,731.3       .816        .520    .207     .087      .088      .032     .089      .027      .062
1985.........................................  2,364.9  2,850.3       .830        .534    .210     .089      .089      .032     .085      .025      .061
1986.........................................  2,449.5  2,936.0       .834        .546    .217     .092      .091      .034     .071      .026      .046
1987.........................................  2,632.3  3,097.2       .850        .554    .216     .092      .090      .034     .080      .030      .050
1988.........................................  2,853.5  3,275.0       .871        .563    .221     .093      .090      .038     .088      .031      .057
1989.........................................  3,002.5  3,341.0       .899        .583    .237     .097      .095      .045     .079      .030      .049

1990.........................................  3,140.9  3,390.4       .926        .605    .245     .100      .099      .046     .076      .028      .048
1991.........................................  3,196.5  3,368.0       .949        .620    .255     .106      .107      .042     .075      .025      .049
1992.........................................  3,336.4  3,492.2       .955        .628    .247     .106      .109      .032     .080      .026      .053
1993.........................................  3,508.8  3,624.8       .968        .632    .246     .107      .110      .029     .090      .029      .061
1994.........................................  3,791.7  3,869.1       .980        .628    .248     .107      .113      .028     .104      .033      .071
1995.........................................  4,004.0  4,040.8       .991        .632    .250     .108      .113      .029     .109      .034      .076
1996.........................................  4,221.5  4,221.5      1.000        .632    .248     .110      .112      .026     .121      .036      .085
1997.........................................  4,529.8  4,501.0      1.006        .635    .246     .109      .110      .027     .125      .035      .090
1998.........................................  4,834.6  4,803.4      1.007        .643    .244     .109      .109      .026     .120      .032      .088

1994:I.......................................  3,686.9  3,777.3       .976        .629    .253     .113      .113      .027     .094      .032      .063
II.......................................  3,754.7  3,841.7       .977        .628    .245     .105      .113      .027     .104      .033      .071
III......................................  3,818.2  3,888.7       .982        .628    .247     .106      .113      .028     .106      .034      .073
IV.......................................  3,907.2  3,968.8       .984        .627    .247     .105      .113      .029     .111      .035      .076

1995:I.......................................  3,932.7  3,979.3       .988        .633    .249     .107      .113      .029     .106      .034      .072
II.......................................  3,969.2  4,010.1       .990        .633    .250     .108      .113      .029     .106      .033      .072
III......................................  4,038.2  4,070.7       .992        .631    .248     .108      .112      .028     .113      .034      .079
IV.......................................  4,076.2  4,103.2       .993        .631    .250     .110      .112      .028     .113      .034      .079

1996:I.......................................  4,117.2  4,128.3       .997        .630    .249     .110      .113      .026     .119      .035      .084
II.......................................  4,192.7  4,193.9      1.000        .632    .248     .109      .113      .026     .120      .036      .085
III......................................  4,249.8  4,244.7      1.001        .634    .248     .110      .112      .026     .120      .035      .085
IV.......................................  4,326.5  4,319.2      1.002        .632    .248     .110      .112      .026     .122      .036      .086

1997:I.......................................  4,408.6  4,383.8      1.006        .635    .247     .110      .111      .026     .124      .035      .089
II.......................................  4,483.2  4,452.3      1.007        .635    .247     .109      .111      .027     .124      .035      .090
III......................................  4,578.9  4,548.2      1.007        .633    .246     .109      .110      .027     .128      .037      .092
IV.......................................  4,648.6  4,619.7      1.006        .639    .244     .109      .109      .026     .124      .035      .089

1998:I.......................................  4,723.0  4,699.1      1.005        .640    .243     .108      .109      .026     .122      .032      .090
II.......................................  4,784.7  4,758.4      1.006        .643    .244     .109      .109      .026     .119      .032      .087
III......................................  4,882.4  4,844.8      1.008        .644    .243     .109      .108      .026     .121      .032      .089
IV.......................................  4,948.4  4,911.2      1.008        .646    .245     .109      .111      .025     .116      .030      .085

1999:I.......................................  5,028.6  4,981.7      1.009        .647    .243     .109      .109      .025     .119      .032      .087
II.......................................  5,094.9  5,035.0      1.012        .649    .244     .110      .109      .025     .118      .033      .085
III......................................  5,176.6  5,116.7      1.012        .650    .246     .111      .109      .026     .115      .033      .082
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\1\The implicit price deflator for gross product of nonfinancial corporate business divided by 100.
\2\Indirect business tax and nontax liability plus business transfer payments less subsidies.
\3\Unit profits from current production.
\4\With inventory valuation and capital consumption adjustments.

Source: Department of Commerce, Bureau of Economic Analysis.