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

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\2\ Without capital consumption adjustment.
\3\ Without inventory valuation and capital consumption adjustments.

Source: Department of Commerce, Bureau of Economic Analysis.