[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-28.--National income by type of income, 1959-2002 [Billions of dollars; quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Compensation of employees Proprietors' income with inventory valuation and ------------------------------------------------------------- capital consumption adjustments Wage and salary accruals Supplements to wages ------------------------------------------------- -------------------------- and salaries Farm Nonfarm ------------------------- ----------------------------------------- Em- National ployer Year or quarter income con- \1\ Total Gov- tribu- Other Total Total ern- Other Total tions labor Total Proprietors' Total Proprietors' ment for income in- come income \3\ social \2\ insur- ance -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959.......................... 411.5 281.0 259.8 46.0 213.8 21.2 7.9 13.4 51.8 10.9 11.8 40.9 40.3 1960.......................... 427.5 296.4 272.8 49.2 223.7 23.6 9.3 14.4 51.9 11.4 12.3 40.4 40.0 1961.......................... 442.5 305.3 280.5 52.4 228.0 24.8 9.6 15.2 54.4 12.1 12.9 42.3 42.0 1962.......................... 477.1 327.2 299.3 56.3 243.0 27.9 11.2 16.7 56.5 12.1 12.9 44.4 44.1 1963.......................... 504.4 345.3 314.8 60.0 254.8 30.4 12.4 18.0 57.8 11.9 12.7 45.8 45.5 1964.......................... 542.1 370.7 337.7 64.9 272.9 33.0 12.6 20.3 60.6 10.8 11.6 49.9 49.5 1965.......................... 589.6 399.5 363.7 69.9 293.8 35.8 13.1 22.7 65.2 13.1 13.9 52.2 52.2 1966.......................... 646.7 442.6 400.3 78.3 321.9 42.4 16.8 25.5 69.6 14.1 15.0 55.5 55.7 1967.......................... 681.7 475.2 428.9 86.4 342.5 46.2 18.0 28.2 71.1 12.8 13.7 58.4 58.7 1968.......................... 743.6 524.3 471.9 96.6 375.3 52.4 20.0 32.5 75.4 12.8 13.9 62.6 63.4 1969.......................... 802.7 577.6 518.3 105.5 412.7 59.4 22.8 36.6 78.9 14.2 15.4 64.7 65.5 1970.......................... 837.5 617.2 551.5 117.1 434.3 65.7 23.8 41.9 79.8 14.3 15.7 65.5 66.6 1971.......................... 903.9 658.8 584.5 126.7 457.8 74.4 26.4 48.0 86.1 14.9 16.5 71.2 72.6 1972.......................... 1,000.4 725.1 638.7 137.8 500.9 86.5 31.2 55.3 97.7 18.8 20.5 78.9 79.9 1973.......................... 1,127.4 811.2 708.6 148.7 560.0 102.6 39.8 62.8 115.2 30.7 32.6 84.5 86.6 1974.......................... 1,211.9 890.2 772.2 160.4 611.8 118.0 44.7 73.3 115.5 25.2 27.7 90.3 94.1 1975.......................... 1,302.2 949.0 814.7 176.1 638.6 134.4 46.7 87.6 121.6 23.5 26.9 98.1 99.9 1976.......................... 1,456.4 1,059.3 899.6 188.7 710.8 159.7 54.4 105.3 134.3 18.7 22.6 115.6 117.2 1977.......................... 1,635.8 1,180.4 994.0 202.4 791.6 186.4 61.1 125.3 148.3 17.5 21.7 130.8 131.9 1978.......................... 1,860.2 1,336.0 1,121.0 219.8 901.2 215.0 71.5 143.4 170.1 21.5 26.3 148.5 149.9 1979.......................... 2,075.6 1,500.8 1,255.6 236.9 1,018.7 245.2 82.6 162.6 183.7 23.7 29.4 160.0 161.4 1980.......................... 2,243.0 1,651.7 1,377.4 261.2 1,116.2 274.3 88.9 185.4 177.6 13.1 20.2 164.5 165.7 1981.......................... 2,497.1 1,825.7 1,517.3 285.6 1,231.7 308.5 103.6 204.8 186.2 20.3 28.6 165.9 161.4 1982.......................... 2,603.0 1,926.0 1,593.4 307.3 1,286.1 332.6 109.8 222.8 179.9 14.4 23.4 165.4 158.9 1983.......................... 2,796.5 2,042.7 1,684.3 324.5 1,359.8 358.5 119.9 238.6 195.5 7.2 16.0 188.3 172.8 1984.......................... 3,162.3 2,255.9 1,854.8 347.8 1,507.0 401.1 139.0 262.1 247.5 21.6 30.2 225.9 200.3 1985.......................... 3,380.4 2,425.2 1,995.2 373.5 1,621.7 430.0 147.7 282.3 267.0 21.5 29.7 245.5 211.2 1986.......................... 3,525.8 2,570.7 2,114.4 396.6 1,717.8 456.3 157.9 298.4 278.6 23.0 31.1 255.6 216.3 1987.......................... 3,803.4 2,755.6 2,270.2 422.2 1,848.0 485.4 166.3 319.1 303.9 29.0 36.9 274.8 239.8 1988.......................... 4,151.1 2,973.8 2,452.7 450.9 2,001.8 521.1 184.6 336.5 338.8 26.0 33.9 312.7 277.4 1989.......................... 4,392.1 3,151.0 2,596.8 479.7 2,117.1 554.2 193.7 360.5 361.8 32.2 40.0 329.6 293.5 1990.......................... 4,642.1 3,351.0 2,754.6 516.8 2,237.9 596.4 206.5 390.0 381.0 31.1 39.2 349.9 323.2 1991.......................... 4,756.6 3,454.9 2,824.2 545.6 2,278.6 630.7 215.1 415.6 384.2 26.4 34.4 357.8 333.0 1992.......................... 4,994.9 3,644.8 2,966.8 567.7 2,399.1 677.9 228.4 449.5 434.3 32.7 40.9 401.7 373.4 1993.......................... 5,251.9 3,814.4 3,091.6 584.9 2,506.8 722.8 240.0 482.8 461.8 30.1 38.2 431.7 401.4 1994.......................... 5,556.8 4,016.2 3,254.3 603.9 2,650.4 761.9 254.4 507.5 476.6 31.9 39.9 444.6 421.7 1995.......................... 5,876.7 4,202.5 3,441.1 622.7 2,818.4 761.4 264.5 497.0 497.7 22.2 30.2 475.5 447.8 1996.......................... 6,210.4 4,395.6 3,630.1 641.0 2,989.1 765.4 275.4 490.0 544.7 34.3 42.1 510.5 476.0 1997.......................... 6,618.4 4,651.3 3,886.0 664.3 3,221.7 765.3 289.9 475.4 581.2 29.7 37.5 551.5 507.2 1998.......................... 7,041.4 4,989.6 4,192.1 692.7 3,499.4 797.5 306.9 490.6 623.8 25.6 33.1 598.2 547.6 1999.......................... 7,468.7 5,308.8 4,475.6 724.2 3,751.4 833.2 323.0 510.2 678.4 27.7 35.8 650.7 589.6 2000.......................... 7,984.4 5,723.4 4,836.3 768.9 4,067.4 887.1 342.9 544.2 714.8 22.6 30.2 692.2 621.2 2001.......................... 8,122.0 5,874.9 4,950.6 810.8 4,139.8 924.3 353.9 570.4 727.9 19.0 26.7 708.8 621.6 1998: I....................... 6,874.1 4,869.4 4,085.1 680.9 3,404.2 784.3 301.0 483.3 606.9 24.1 31.7 582.9 533.8 II...................... 6,985.5 4,948.9 4,155.8 688.6 3,467.2 793.1 304.9 488.2 617.6 24.9 32.4 592.6 543.8 III..................... 7,108.9 5,029.8 4,227.7 696.8 3,530.9 802.1 308.9 493.2 627.0 25.4 32.9 601.6 550.3 IV...................... 7,197.0 5,110.5 4,299.8 704.6 3,595.3 810.6 312.9 497.7 643.8 27.9 35.6 615.8 562.4 1999: I....................... 7,343.1 5,216.8 4,395.0 713.3 3,681.7 821.9 319.3 502.6 659.3 30.1 37.9 629.2 572.3 II...................... 7,405.9 5,260.3 4,432.0 719.3 3,712.7 828.3 321.0 507.3 674.2 29.7 37.5 644.5 585.5 III..................... 7,475.9 5,329.0 4,492.7 727.7 3,765.0 836.3 323.6 512.6 682.7 25.7 34.5 657.0 594.7 IV...................... 7,650.1 5,429.1 4,582.7 736.4 3,846.3 846.4 328.1 518.3 697.4 25.4 33.2 672.0 605.7 2000: I....................... 7,860.2 5,627.3 4,757.4 756.2 4,001.2 869.9 339.4 530.5 702.5 22.3 30.1 680.2 612.1 II...................... 7,954.5 5,670.5 4,790.8 769.3 4,021.5 879.6 339.6 540.0 718.8 25.0 32.7 693.8 622.8 III .................... 8,048.3 5,773.1 4,879.3 772.4 4,106.9 893.8 345.1 548.7 718.6 21.7 29.3 696.9 624.3 IV ..................... 8,074.8 5,822.7 4,917.8 777.9 4,139.9 904.9 347.5 557.4 719.3 21.2 28.8 698.1 625.5 2001: I....................... 8,092.1 5,878.9 4,960.4 795.2 4,165.2 918.5 353.8 564.7 721.2 19.3 26.8 701.9 629.0 II...................... 8,110.1 5,879.3 4,956.9 805.8 4,151.0 922.4 354.2 568.2 726.6 18.4 26.0 708.2 634.7 III .................... 8,089.1 5,880.4 4,953.7 817.1 4,136.6 926.7 354.3 572.4 732.4 19.3 27.0 713.1 628.8 IV ..................... 8,196.8 5,860.9 4,931.4 825.2 4,106.2 929.4 353.2 576.3 731.3 19.2 27.1 712.1 594.1 2002: I....................... 8,268.5 5,908.4 4,957.8 840.4 4,117.4 950.7 359.9 590.8 748.4 21.7 30.0 726.7 612.5 II...................... 8,328.0 5,963.9 4,997.3 848.4 4,148.9 966.6 362.5 604.1 747.5 7.5 16.1 740.0 626.9 III .................... 8,388.1 6,026.6 5,043.6 857.1 4,186.5 982.9 365.4 617.5 758.7 10.7 19.6 748.0 635.0 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ National income is the total net income earned in production. It differs from gross domestic product mainly in that it excludes depreciation charges and other allowances for business and institutional consumption of durable capital goods and indirect business taxes. See Table B-26. See next page for continuation of table. Table B-28.--National income by type of income, 1959-2002--Continued [Billions of dollars; quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Rental income of persons Corporate profits with inventory valuation and capital consumption adjustments with capital consumption --------------------------------------------------------------------------------- adjustment Profits with inventory valuation adjustment and without ---------------------------- capital consumption adjustment --------------------------------------------------------------- Capital Capital Profits con- Net Year or quarter Rental con- ---------------------------------------------- Inven- sump- interest income sump- Total Profits after tax tory tion Total of tion Total Profits Profits -------------------------- valu- adjust- persons adjust- before tax Undis- ation ment ment tax liability Total Divi- tributed adjust- dends profits ment -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959............................. 15.2 17.3 -2.1 53.7 53.4 53.7 23.6 30.0 12.6 17.5 -0.3 0.3 9.7 1960............................. 16.2 18.3 -2.1 52.3 51.4 51.5 22.7 28.8 13.4 15.5 -.2 1.0 10.7 1961............................. 16.9 19.0 -2.1 53.5 51.7 51.5 22.8 28.7 13.9 14.8 .3 1.7 12.4 1962............................. 17.8 19.9 -2.1 61.6 56.9 56.9 24.0 32.9 15.0 17.9 .0 4.6 14.1 1963............................. 18.5 20.5 -2.0 67.6 62.0 61.9 26.2 35.7 16.2 19.5 .1 5.6 15.2 1964............................. 18.6 20.6 -2.0 74.8 68.4 68.9 28.0 40.9 18.2 22.7 -.5 6.4 17.3 1965............................. 19.2 21.4 -2.2 86.0 78.7 80.0 30.9 49.1 20.2 28.9 -1.2 7.2 19.7 1966............................. 19.9 22.4 -2.5 92.0 84.4 86.5 33.7 52.8 20.7 32.1 -2.1 7.6 22.6 1967............................. 20.4 23.2 -2.8 89.6 81.7 83.3 32.7 50.6 21.5 29.1 -1.6 7.9 25.4 1968............................. 20.2 23.4 -3.3 96.5 88.5 92.2 39.4 52.8 23.5 29.3 -3.7 8.0 27.2 1969............................. 20.3 24.3 -3.9 93.7 85.2 91.1 39.7 51.4 24.2 27.2 -5.9 8.5 32.2 1970............................. 20.3 24.6 -4.3 81.6 74.0 80.6 34.4 46.2 24.3 21.9 -6.6 7.6 38.4 1971............................. 21.2 26.1 -5.0 95.1 87.9 92.4 37.7 54.7 25.0 29.7 -4.6 7.3 42.6 1972............................. 21.6 27.7 -6.1 109.8 100.7 107.3 41.9 65.5 26.8 38.6 -6.6 9.0 46.2 1973............................. 23.1 30.1 -7.0 123.9 114.6 134.2 49.3 84.9 29.9 55.0 -19.6 9.4 53.9 1974............................. 23.0 31.7 -8.7 114.5 108.5 146.8 51.8 95.0 33.2 61.8 -38.2 5.9 68.8 1975............................. 22.0 32.3 -10.3 133.0 134.3 144.8 50.9 93.9 33.0 60.9 -10.5 -1.2 76.6 1976............................. 21.5 33.0 -11.5 160.6 164.5 178.6 64.2 114.4 39.0 75.4 -14.1 -4.0 80.8 1977............................. 20.4 34.0 -13.6 190.9 193.3 209.0 73.0 136.0 44.8 91.2 -15.7 -2.4 95.7 1978............................. 22.4 38.9 -16.5 217.2 221.2 244.9 83.5 161.4 50.8 110.6 -23.7 -4.0 114.5 1979............................. 24.5 44.5 -20.0 222.5 229.9 270.1 88.0 182.1 57.5 124.6 -40.1 -7.4 144.2 1980............................. 31.3 54.9 -23.6 198.5 209.3 251.4 84.8 166.6 64.1 102.6 -42.1 -10.8 183.9 1981............................. 39.6 66.1 -26.5 219.0 216.3 240.9 81.1 159.8 73.8 86.0 -24.6 2.7 226.5 1982............................. 39.6 68.0 -28.5 201.2 188.0 195.5 63.1 132.4 76.2 56.2 -7.5 13.3 256.3 1983............................. 36.9 65.9 -28.9 254.1 223.9 231.4 77.2 154.1 83.6 70.5 -7.4 30.2 267.2 1984............................. 39.5 68.8 -29.4 309.8 262.0 266.0 94.0 172.0 91.0 81.0 -4.0 47.7 309.6 1985............................. 39.1 70.3 -31.2 322.4 255.2 255.2 96.5 158.7 97.7 61.0 .0 67.2 326.7 1986............................. 32.2 63.7 -31.5 300.7 250.5 243.4 106.5 136.9 106.3 30.6 7.1 50.3 343.6 1987............................. 35.8 68.9 -33.1 346.6 298.4 314.6 127.1 187.5 112.2 75.3 -16.2 48.2 361.5 1988............................. 44.1 79.1 -35.0 405.0 359.8 381.9 137.2 244.8 129.6 115.2 -22.2 45.3 389.4 1989............................. 40.5 80.2 -39.7 395.7 360.4 376.7 141.5 235.3 155.0 80.2 -16.3 35.3 443.1 1990............................. 49.1 87.2 -38.1 408.6 388.6 401.5 140.6 260.9 165.6 95.3 -12.9 19.9 452.4 1991............................. 56.4 96.0 -39.6 431.2 421.1 416.1 133.6 282.6 178.4 104.1 4.9 10.2 429.8 1992............................. 63.3 111.4 -48.1 453.1 448.8 451.6 143.1 308.4 185.5 122.9 -2.8 4.3 399.5 1993............................. 90.9 133.6 -42.8 510.5 506.4 510.4 165.4 345.0 203.1 141.9 -4.0 4.1 374.3 1994............................. 110.3 157.8 -47.5 573.2 561.0 573.4 186.7 386.7 234.9 151.8 -12.4 12.2 380.5 1995............................. 117.9 165.4 -47.5 668.8 650.2 668.5 211.0 457.5 254.2 203.3 -18.3 18.6 389.8 1996............................. 129.7 177.4 -47.6 754.0 729.4 726.3 223.6 502.7 297.7 205.0 3.1 24.6 386.3 1997............................. 128.3 178.3 -50.0 833.8 800.8 792.4 237.2 555.2 335.2 220.0 8.4 32.9 423.9 1998............................. 138.6 190.3 -51.7 777.4 739.4 721.1 238.8 482.3 348.7 133.6 18.3 38.0 511.9 1999............................. 149.1 206.8 -57.6 805.8 757.9 762.1 247.8 514.3 328.4 185.9 -4.2 47.9 526.6 2000............................. 146.6 206.6 -60.0 788.1 767.3 782.3 259.4 522.9 376.1 146.8 -15.0 20.8 611.5 2001............................. 137.9 204.4 -66.5 731.6 675.1 670.2 199.3 470.9 409.6 61.2 5.0 56.5 649.8 1998: I.......................... 127.7 178.5 -50.9 787.4 751.8 731.7 239.9 491.8 349.4 142.5 20.0 35.6 482.8 II......................... 136.1 187.5 -51.4 769.6 733.1 722.8 237.8 485.0 350.4 134.5 10.3 36.6 513.2 III........................ 144.2 196.1 -52.0 781.9 743.8 723.6 243.6 480.1 348.3 131.8 20.2 38.1 526.0 IV......................... 146.5 199.0 -52.5 770.8 729.2 706.3 234.1 472.2 346.7 125.5 22.9 41.7 525.5 1999: I.......................... 148.9 203.0 -54.1 808.2 760.5 744.4 243.1 501.3 332.0 169.2 16.0 47.8 509.9 II......................... 149.9 205.9 -56.0 802.1 750.5 752.9 246.0 506.9 323.7 183.2 -2.5 51.6 519.4 III........................ 145.8 207.7 -61.9 788.0 739.6 753.4 246.3 507.1 324.3 182.8 -13.8 48.5 530.4 IV......................... 152.0 210.5 -58.5 824.7 781.0 797.6 255.7 542.0 333.5 208.5 -16.6 43.7 546.8 2000: I.......................... 151.4 210.5 -59.1 807.6 774.3 796.9 270.8 526.1 351.1 174.9 -22.6 33.4 571.3 II......................... 146.7 206.3 -59.6 807.3 784.2 800.5 267.3 533.3 369.7 163.6 -16.4 23.1 611.1 III ....................... 144.9 205.0 -60.2 787.7 772.3 780.6 257.4 523.2 386.1 137.1 -8.3 15.4 624.0 IV ........................ 143.5 204.6 -61.1 749.7 738.6 751.1 241.9 509.2 397.6 111.6 -12.5 11.1 639.6 2001: I.......................... 137.0 199.4 -62.3 706.5 696.9 707.0 217.3 489.7 402.9 86.8 -10.1 9.6 648.5 II......................... 134.3 204.8 -70.5 721.4 714.0 720.2 213.1 507.1 406.5 100.7 -6.2 7.3 648.6 III ....................... 140.8 206.5 -65.6 687.2 663.2 654.3 196.2 458.1 411.4 46.7 8.9 23.9 648.3 IV ........................ 139.3 206.9 -67.6 811.4 626.3 599.1 170.6 428.5 417.7 10.8 27.2 185.1 653.9 2002: I.......................... 141.3 209.1 -67.8 797.6 641.3 639.4 202.4 437.0 424.2 12.8 1.9 156.3 672.8 II......................... 153.5 221.9 -68.4 785.0 652.2 657.9 213.7 444.3 430.8 13.5 -5.7 132.8 678.1 III ....................... 144.1 214.5 -70.3 771.0 653.4 668.5 214.7 453.8 437.7 16.1 -15.1 117.6 687.6 -------------------------------------------------------------------------------------------------------------------------------------------------------- \2\ Without capital consumption adjustment. \3\ Without inventory valuation and capital consumption adjustments. Source: Department of Commerce, Bureau of Economic Analysis.