[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-14.--Gross product of nonfinancial corporate business, 1959-2002 [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Net product -------------------------------------------------------------------------------------------------------------------------- Domestic income Gross ------------------------------------------------------------------------------------------------------ product Con- Corporate profits with inventory valuation and capital consumption of non- sump- adjustments financial tion Indi- --------------------------------------------------------------------------- Year or quarter corpo- of rect Com- Profits rate fixed Total busi- pensa- ------------------------------------------------ Inven- Capital Net busi- cap- ness Total tion of Profits after tax tory con- inter- ness ital taxes\1\ employ- Total Profits Profits ---------------------------- valu- sump- est ees before tax Undis- ation tion tax liability Total Divi- tributed adjust- adjust- dends profits ment ment ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1959.............................................. 267.3 23.1 244.2 26.1 218.2 171.3 43.7 43.6 20.7 22.9 10.0 12.9 -0.3 0.4 3.1 1960.............................................. 278.0 24.0 254.0 28.4 225.6 181.0 41.1 40.3 19.2 21.1 10.6 10.5 -.2 1.0 3.5 1961.............................................. 285.5 24.6 260.9 29.6 231.3 185.2 42.1 40.1 19.5 20.6 10.6 10.1 .3 1.8 4.0 1962.............................................. 311.7 25.5 286.2 32.1 254.1 200.0 49.6 44.9 20.6 24.3 11.4 12.9 .0 4.6 4.5 1963.............................................. 331.8 26.5 305.4 34.1 271.2 210.9 55.5 49.8 22.8 27.1 12.6 14.4 .1 5.6 4.8 1964.............................................. 358.2 27.9 330.3 36.7 293.7 226.5 61.9 56.1 24.0 32.1 13.7 18.4 -.5 6.2 5.3 1965.............................................. 393.7 29.9 363.8 39.3 324.6 246.3 72.2 66.3 27.2 39.1 15.6 23.5 -1.2 7.1 6.1 1966.............................................. 431.4 32.7 398.7 40.5 358.2 273.8 77.0 71.6 29.5 42.1 16.8 25.3 -2.1 7.5 7.4 1967.............................................. 453.9 35.9 418.0 43.2 374.9 292.2 73.9 67.7 27.8 39.9 17.5 22.4 -1.6 7.8 8.8 1968.............................................. 501.0 39.7 461.4 49.8 411.5 323.1 78.3 74.1 33.6 40.6 19.1 21.4 -3.7 7.8 10.1 1969.............................................. 543.9 43.9 500.0 54.8 445.2 358.5 73.5 71.1 33.3 37.8 19.1 18.7 -5.9 8.2 13.2 1970.............................................. 562.0 48.5 513.5 59.0 454.6 378.1 59.4 58.5 27.2 31.4 18.5 12.8 -6.6 7.4 17.1 1971.............................................. 606.9 53.1 553.8 64.6 489.1 401.2 69.8 67.3 29.9 37.4 18.5 18.9 -4.6 7.1 18.1 1972.............................................. 673.9 58.4 615.6 69.4 546.2 445.9 81.1 79.0 33.8 45.3 20.1 25.2 -6.6 8.7 19.2 1973.............................................. 755.6 63.8 691.8 76.6 615.2 504.5 88.2 99.0 40.2 58.8 21.1 37.8 -19.6 8.8 22.5 1974.............................................. 816.7 74.7 742.0 81.9 660.1 555.1 76.7 109.6 42.2 67.4 21.7 45.7 -38.2 5.3 28.3 1975.............................................. 883.0 89.2 793.8 88.0 705.8 578.6 98.5 110.5 41.5 69.0 24.8 44.2 -10.5 -1.4 28.7 1976.............................................. 997.1 98.9 898.2 95.9 802.4 655.0 119.9 137.9 53.0 84.9 28.0 56.9 -14.1 -3.8 27.5 1977.............................................. 1,127.8 111.0 1,016.9 104.9 912.0 740.0 141.3 159.2 59.9 99.3 31.5 67.8 -15.7 -2.3 30.7 1978.............................................. 1,285.0 126.8 1,158.2 114.4 1,043.8 851.0 156.5 184.4 67.1 117.3 36.4 80.9 -23.7 -4.2 36.3 1979.............................................. 1,431.5 147.0 1,284.6 123.3 1,161.3 966.2 150.1 197.1 69.6 127.5 38.1 89.4 -40.1 -6.9 45.0 1980.............................................. 1,556.6 169.4 1,387.2 139.5 1,247.8 1,056.9 132.7 183.6 67.0 116.6 45.3 71.3 -42.1 -8.8 58.1 1981.............................................. 1,770.1 195.9 1,574.2 168.1 1,406.1 1,169.9 164.4 184.2 63.9 120.3 53.3 67.0 -24.6 4.8 71.8 1982.............................................. 1,831.4 216.8 1,614.6 169.7 1,444.9 1,216.1 146.3 136.9 46.3 90.7 53.3 37.4 -7.5 16.9 82.5 1983.............................................. 1,953.3 225.1 1,728.2 185.3 1,542.9 1,279.9 186.4 160.7 59.4 101.3 64.2 37.1 -7.4 33.1 76.6 1984.............................................. 2,194.8 237.3 1,957.5 205.4 1,752.1 1,421.4 242.9 195.3 73.7 121.6 67.8 53.8 -4.0 51.7 87.7 1985.............................................. 2,329.3 253.9 2,075.4 219.0 1,856.4 1,522.3 243.7 172.3 69.9 102.3 72.3 30.1 .0 71.4 90.4 1986.............................................. 2,414.4 270.3 2,144.1 231.2 1,912.9 1,603.8 210.7 147.9 75.6 72.3 73.9 -1.6 7.1 55.8 98.4 1987.............................................. 2,595.3 283.8 2,311.6 241.9 2,069.7 1,716.3 248.3 209.5 93.5 116.0 75.9 40.1 -16.2 55.0 105.1 1988.............................................. 2,814.5 302.0 2,512.5 256.3 2,256.2 1,844.1 288.6 257.3 101.9 155.5 79.8 75.7 -22.2 53.4 123.6 1989.............................................. 2,961.4 322.8 2,638.6 275.9 2,362.7 1,946.6 264.2 235.6 98.9 136.7 104.2 32.6 -16.3 45.0 151.8 1990.............................................. 3,096.2 338.4 2,757.9 290.6 2,467.3 2,052.7 258.5 237.2 95.8 141.4 119.2 22.2 -12.9 34.3 156.0 1991.............................................. 3,150.6 354.9 2,795.7 313.1 2,482.6 2,086.9 252.8 221.6 85.5 136.1 125.8 10.3 4.9 26.3 143.0 1992.............................................. 3,288.0 369.6 2,918.5 332.0 2,586.5 2,194.2 278.9 258.0 91.2 166.8 135.0 31.9 -2.8 23.7 113.3 1993.............................................. 3,457.6 386.4 3,071.3 349.3 2,721.9 2,290.7 325.3 305.8 105.2 200.5 149.3 51.2 -4.0 23.6 105.9 1994.............................................. 3,737.2 414.5 3,322.7 382.1 2,940.6 2,430.2 402.5 381.4 128.9 252.6 158.6 94.0 -12.4 33.5 107.9 1995.............................................. 3,945.9 437.5 3,508.4 397.3 3,111.0 2,552.7 442.5 422.1 136.7 285.4 179.3 106.0 -18.3 38.7 115.8 1996.............................................. 4,159.5 462.7 3,696.9 411.9 3,284.9 2,667.1 509.1 460.2 150.1 310.1 201.9 108.2 3.1 45.8 108.7 1997.............................................. 4,435.1 493.0 3,942.1 431.4 3,510.7 2,835.1 555.6 496.1 158.3 337.7 218.1 119.6 8.4 51.1 120.0 1998.............................................. 4,707.1 523.1 4,183.9 457.4 3,726.5 3,058.0 530.7 460.4 154.6 305.8 242.2 63.6 18.3 52.0 137.7 1999.............................................. 4,981.0 556.2 4,424.9 478.4 3,946.5 3,272.0 518.5 460.1 166.9 293.2 239.2 54.0 -4.2 62.6 156.1 2000.............................................. 5,295.0 599.4 4,695.6 508.9 4,186.6 3,542.1 461.8 437.9 172.4 265.5 259.6 5.9 -15.0 38.8 182.7 2001.............................................. 5,354.2 652.8 4,701.4 523.7 4,177.7 3,573.5 407.4 328.8 123.5 205.3 278.5 -73.2 5.0 73.6 196.8 1998: I........................................... 4,596.8 511.8 4,085.1 446.7 3,638.3 2,982.9 526.3 455.4 152.0 303.4 237.8 65.6 20.0 50.9 129.1 II.......................................... 4,658.0 518.7 4,139.2 451.7 3,687.5 3,031.3 521.2 460.0 154.4 305.6 243.0 62.5 10.3 50.9 135.1 III......................................... 4,756.0 526.8 4,229.2 457.5 3,771.7 3,082.9 548.1 476.2 160.8 315.5 241.6 73.8 20.2 51.7 140.6 IV ......................................... 4,817.4 535.2 4,282.2 473.8 3,808.4 3,135.0 527.2 450.1 151.2 298.9 246.5 52.4 22.9 54.2 146.1 1999: I........................................... 4,899.9 542.2 4,357.7 467.6 3,890.1 3,213.4 532.8 455.9 165.5 290.4 254.7 35.6 16.0 60.9 143.9 II.......................................... 4,945.1 549.6 4,395.6 473.1 3,922.5 3,240.2 530.6 467.2 169.9 297.4 242.8 54.6 -2.5 65.8 151.6 III......................................... 4,995.0 564.0 4,431.1 482.4 3,948.7 3,283.8 504.6 454.7 164.9 289.8 225.3 64.5 -13.8 63.7 160.2 IV ......................................... 5,084.2 569.1 4,515.1 490.4 4,024.7 3,350.4 505.9 462.8 167.3 295.4 234.0 61.4 -16.6 59.8 168.5 2000: I........................................... 5,228.7 581.2 4,647.5 503.2 4,144.3 3,482.9 490.9 463.6 183.8 279.8 252.3 27.6 -22.6 49.9 170.5 II.......................................... 5,275.1 593.7 4,681.4 506.3 4,175.1 3,503.6 490.1 466.0 183.6 282.5 250.4 32.1 -16.4 40.4 181.4 III ........................................ 5,335.5 605.8 4,729.7 510.5 4,219.2 3,575.3 456.2 430.7 169.1 261.6 266.3 -4.6 -8.3 33.9 187.7 IV ......................................... 5,340.7 617.1 4,723.6 515.8 4,207.8 3,606.4 410.0 391.3 153.2 238.1 269.7 -31.6 -12.5 31.3 191.3 2001: I........................................... 5,318.6 627.6 4,691.0 523.3 4,167.7 3,589.0 384.3 362.8 134.3 228.4 276.7 -48.3 -10.1 31.7 194.4 II.......................................... 5,340.9 641.6 4,699.3 529.3 4,170.0 3,580.7 393.1 368.2 136.2 232.0 268.3 -36.3 -6.2 31.1 196.1 III ........................................ 5,365.7 684.9 4,680.8 508.0 4,172.8 3,572.5 403.0 349.8 129.4 220.4 283.8 -63.4 8.9 44.3 197.3 IV ......................................... 5,391.6 657.0 4,734.6 534.3 4,200.3 3,551.8 449.0 234.3 94.0 140.3 285.2 -144.9 27.2 187.4 199.5 2002: I........................................... 5,423.8 670.7 4,753.1 539.3 4,213.9 3,570.1 452.4 289.2 119.8 169.5 293.1 -123.6 1.9 161.3 191.4 II.......................................... 5,489.0 685.1 4,803.8 545.6 4,258.2 3,604.4 459.3 324.4 130.8 193.6 280.2 -86.6 -5.7 140.6 194.6 III ........................................ 5,533.0 693.7 4,839.3 554.2 4,285.2 3,643.2 447.6 336.3 133.4 202.9 275.9 -73.0 -15.1 126.4 194.3 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Indirect business tax and nontax liability plus business transfer payments less subsidies. Source: Department of Commerce, Bureau of Economic Analysis.