[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-15.--Output, price, costs, and profits of nonfinancial corporate business, 1959-2002 [Quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Gross product of Price, costs, and profit per unit of real output (dollars) 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 Con- Indi- adjustments \3\ -------------------- product of employ- sump- rect ---------------------------- nonfi- ees Total tion busi- Net Current Chained nancial (unit of ness interest Profits Profits (1996) corporate labor fixed taxes Total tax after dollars dollars business\1\ cost) capital \2\ liability tax\4\ -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959....................................... 267.3 986.1 0.271 0.174 0.052 0.023 0.026 0.003 0.044 0.021 0.023 1960....................................... 278.0 1,018.7 .273 .178 .055 .024 .028 .003 .040 .019 .022 1961....................................... 285.5 1,041.5 .274 .178 .056 .024 .028 .004 .040 .019 .022 1962....................................... 311.7 1,128.0 .276 .177 .055 .023 .028 .004 .044 .018 .026 1963....................................... 331.8 1,194.5 .278 .177 .055 .022 .029 .004 .046 .019 .027 1964....................................... 358.2 1,278.5 .280 .177 .055 .022 .029 .004 .048 .019 .030 1965....................................... 393.7 1,384.3 .284 .178 .054 .022 .028 .004 .052 .020 .032 1966....................................... 431.4 1,480.9 .291 .185 .054 .022 .027 .005 .052 .020 .032 1967....................................... 453.9 1,519.2 .299 .192 .058 .024 .028 .006 .049 .018 .030 1968....................................... 501.0 1,615.8 .310 .200 .062 .025 .031 .006 .048 .021 .028 1969....................................... 543.9 1,680.2 .324 .213 .067 .026 .033 .008 .044 .020 .024 1970....................................... 562.0 1,663.3 .338 .227 .074 .029 .035 .010 .036 .016 .019 1971....................................... 606.9 1,730.0 .351 .232 .078 .031 .037 .010 .040 .017 .023 1972....................................... 673.9 1,865.8 .361 .239 .078 .031 .037 .010 .043 .018 .025 1973....................................... 755.6 1,975.4 .382 .255 .082 .032 .039 .011 .045 .020 .024 1974....................................... 816.7 1,941.2 .421 .286 .095 .038 .042 .015 .040 .022 .018 1975....................................... 883.0 1,910.5 .462 .303 .108 .047 .046 .015 .052 .022 .030 1976....................................... 997.1 2,062.3 .484 .318 .107 .048 .046 .013 .058 .026 .032 1977....................................... 1,127.8 2,212.7 .510 .334 .111 .050 .047 .014 .064 .027 .037 1978....................................... 1,285.0 2,360.3 .544 .361 .117 .054 .048 .015 .066 .028 .038 1979....................................... 1,431.5 2,434.2 .588 .397 .130 .060 .051 .019 .062 .029 .033 1980....................................... 1,556.6 2,400.4 .648 .440 .153 .071 .058 .024 .055 .028 .027 1981....................................... 1,770.1 2,479.5 .714 .472 .176 .079 .068 .029 .066 .026 .041 1982....................................... 1,831.4 2,426.6 .755 .501 .193 .089 .070 .034 .060 .019 .041 1983....................................... 1,953.3 2,542.0 .768 .503 .192 .089 .073 .030 .073 .023 .050 1984....................................... 2,194.8 2,782.4 .789 .511 .191 .085 .074 .032 .087 .026 .061 1985....................................... 2,329.3 2,907.9 .801 .523 .193 .087 .075 .031 .084 .024 .060 1986....................................... 2,414.4 2,978.9 .811 .538 .202 .091 .078 .033 .071 .025 .045 1987....................................... 2,595.3 3,146.6 .825 .545 .200 .090 .077 .033 .079 .030 .049 1988....................................... 2,814.5 3,322.1 .847 .555 .205 .091 .077 .037 .087 .031 .056 1989....................................... 2,961.4 3,377.5 .877 .576 .223 .096 .082 .045 .078 .029 .049 1990....................................... 3,096.2 3,409.2 .908 .602 .230 .099 .085 .046 .076 .028 .048 1991....................................... 3,150.6 3,381.9 .932 .617 .240 .105 .093 .042 .075 .025 .049 1992....................................... 3,288.0 3,468.4 .948 .633 .236 .107 .096 .033 .080 .026 .054 1993....................................... 3,457.6 3,573.8 .967 .641 .236 .108 .098 .030 .091 .029 .062 1994....................................... 3,737.2 3,801.5 .983 .639 .238 .109 .101 .028 .106 .034 .072 1995....................................... 3,945.9 3,960.1 .996 .645 .239 .110 .100 .029 .112 .035 .077 1996....................................... 4,159.5 4,159.5 1.000 .641 .236 .111 .099 .026 .122 .036 .086 1997....................................... 4,435.1 4,404.2 1.007 .644 .237 .112 .098 .027 .126 .036 .090 1998....................................... 4,707.1 4,658.1 1.011 .656 .240 .112 .098 .030 .114 .033 .081 1999....................................... 4,981.0 4,902.1 1.016 .667 .243 .113 .098 .032 .106 .034 .072 2000....................................... 5,295.0 5,148.3 1.029 .688 .250 .116 .099 .035 .090 .033 .056 2001....................................... 5,354.2 5,141.8 1.041 .695 .267 .127 .102 .038 .079 .024 .055 1998: I.................................... 4,596.8 4,551.1 1.010 .655 .238 .112 .098 .028 .116 .033 .082 II................................... 4,658.0 4,616.9 1.009 .657 .239 .112 .098 .029 .113 .033 .079 III.................................. 4,756.0 4,703.9 1.011 .655 .239 .112 .097 .030 .117 .034 .082 IV................................... 4,817.4 4,760.7 1.012 .659 .243 .112 .100 .031 .111 .032 .079 1999: I.................................... 4,899.9 4,832.3 1.014 .665 .239 .112 .097 .030 .110 .034 .076 II................................... 4,945.1 4,866.8 1.016 .666 .241 .113 .097 .031 .109 .035 .074 III.................................. 4,995.0 4,914.7 1.016 .668 .246 .115 .098 .033 .103 .034 .069 IV................................... 5,084.2 4,994.6 1.018 .671 .246 .114 .098 .034 .101 .033 .068 2000: I.................................... 5,228.7 5,109.2 1.023 .682 .245 .114 .098 .033 .096 .036 .060 II................................... 5,275.1 5,129.2 1.028 .683 .250 .116 .099 .035 .096 .036 .060 III.................................. 5,335.5 5,180.2 1.030 .690 .252 .117 .099 .036 .088 .033 .055 IV................................... 5,340.7 5,174.4 1.032 .697 .256 .119 .100 .037 .079 .030 .050 2001: I.................................... 5,318.6 5,131.4 1.037 .699 .262 .122 .102 .038 .075 .026 .049 II................................... 5,340.9 5,125.2 1.042 .699 .266 .125 .103 .038 .077 .027 .050 III.................................. 5,365.7 5,121.3 1.048 .698 .272 .134 .099 .039 .079 .025 .053 IV................................... 5,391.6 5,189.3 1.039 .684 .268 .127 .103 .038 .087 .018 .068 2002: I.................................... 5,423.8 5,231.3 1.037 .682 .268 .128 .103 .037 .086 .023 .064 II................................... 5,489.0 5,298.7 1.036 .680 .269 .129 .103 .037 .087 .025 .062 III.................................. 5,533.0 5,348.0 1.035 .681 .270 .130 .104 .036 .084 .025 .059 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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.