[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Printing 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]
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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\
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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
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\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.