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



[[Page 409]]

CORPORATE PROFITS AND FINANCE
 
Table B-88.--Corporate profits with inventory valuation and capital consumption adjustments, 1959-99
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
----------------------------------------------------------------------------------------------------------------
Corporate profits after tax with
inventory  valuation and capital
Corporate                      consumption adjustments
profitswith              ------------------------------------
inventory    Corporate                         Undistributed
Year or quarter                    valuation     profits                           profits with
andcapital      tax                              inventory
consumption   liability     Total    Dividends  valuation and
adjustments                                        capital
consumption
adjustments
----------------------------------------------------------------------------------------------------------------
1959.............................................         53.7         23.6       30.0       12.6         17.5

1960.............................................         52.3         22.7       29.6       13.4         16.3
1961.............................................         53.4         22.8       30.6       13.9         16.7
1962.............................................         61.5         24.0       37.5       15.0         22.5
1963.............................................         67.6         26.2       41.4       16.2         25.1
1964.............................................         74.7         28.0       46.8       18.2         28.6
1965.............................................         85.9         30.9       55.0       20.2         34.8
1966.............................................         91.8         33.7       58.2       20.7         37.5
1967.............................................         89.4         32.7       56.8       21.5         35.3
1968.............................................         96.3         39.4       57.0       23.5         33.4
1969.............................................         93.4         39.7       53.8       24.2         29.5

1970.............................................         81.3         34.4       46.9       24.3         22.6
1971.............................................         94.8         37.7       57.0       25.0         32.0
1972.............................................        109.4         41.9       67.5       26.8         40.7
1973.............................................        123.5         49.3       74.3       29.9         44.3
1974.............................................        114.0         51.8       62.2       33.2         29.0
1975.............................................        132.5         50.9       81.6       33.0         48.7
1976.............................................        160.1         64.2       95.9       39.0         56.9
1977.............................................        190.5         73.0      117.5       44.8         72.7
1978.............................................        216.8         83.5      133.3       50.8         82.5
1979.............................................        221.9         88.0      133.9       57.5         76.4

1980.............................................        197.7         84.8      112.9       64.1         48.8
1981.............................................        218.0         81.1      136.8       73.8         63.1
1982.............................................        200.2         63.1      137.1       76.2         60.9
1983.............................................        253.0         77.2      175.8       83.6         92.2
1984.............................................        308.7         94.0      214.6       91.0        123.6
1985.............................................        321.3         96.5      224.8       97.7        127.1
1986.............................................        299.5        106.5      193.0      106.3         86.7
1987.............................................        345.3        127.1      218.2      112.2        106.0
1988.............................................        403.5        137.2      266.4      129.6        136.8
1989.............................................        394.2        141.5      252.8      155.0         97.8

1990.............................................        407.4        140.6      266.8      165.6        101.2
1991.............................................        430.2        133.6      296.6      178.4        118.2
1992.............................................        451.9        143.1      308.7      185.5        123.2
1993.............................................        509.7        165.4      344.3      203.1        141.2
1994.............................................        572.5        186.7      385.8      234.9        150.8
1995.............................................        668.3        211.0      457.3      254.2        203.1
1996.............................................        753.9        223.6      530.2      297.7        232.5
1997.............................................        837.9        238.3      599.6      333.7        265.9
1998.............................................        846.1        240.2      605.8      348.6        257.2

1994:I...........................................        497.6        165.4      332.1      220.0        112.1
II...........................................        568.3        182.8      385.5      229.7        155.8
III..........................................        597.9        194.4      403.6      240.5        163.1
IV...........................................        626.0        204.1      421.9      249.4        172.4

1995:I...........................................        629.4        203.1      426.4      248.6        177.8
II...........................................        654.9        208.8      446.1      251.1        195.0
III..........................................        692.4        218.7      473.7      252.1        221.6
IV...........................................        696.4        213.3      483.1      265.0        218.1

1996:I...........................................        737.2        219.7      517.6      286.2        231.3
II...........................................        748.9        225.3      523.6      290.7        232.9
III..........................................        754.8        224.0      530.8      302.7        228.1
IV...........................................        774.5        225.6      548.9      311.3        237.7

1997:I...........................................        803.6        228.9      574.7      320.6        254.1
II...........................................        831.6        233.2      598.4      330.6        267.9
III..........................................        862.8        246.8      616.0      338.8        277.2
IV...........................................        853.5        244.1      609.4      344.8        264.6

1998:I...........................................        858.3        239.9      618.3      346.5        271.9
II...........................................        847.9        241.1      606.8      347.3        259.5
III..........................................        843.8        244.3      599.5      348.4        251.1
IV...........................................        834.3        235.6      598.7      352.2        246.5

1999:I...........................................        882.0        248.0      634.0      356.4        277.6
II...........................................        875.5        254.4      621.0      361.5        259.5
III..........................................        879.2        259.4      619.8      367.3        252.4
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Source: Department of Commerce, Bureau of Economic Analysis.