[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Printing 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]
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Net product
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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
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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
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\1\ Indirect business tax and nontax liability plus business transfer payments less subsidies.

Source: Department of Commerce, Bureau of Economic Analysis.