[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]

 
CORPORATE PROFITS AND FINANCE

Table B-90.--Corporate profits with inventory valuation and capital consumption adjustments, 1959-2002
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
----------------------------------------------------------------------------------------------------------------
Corporate profits after tax with
inventory  valuation and capital
Corporate                      consumption adjustments
profits                ------------------------------------
with      Corporate                         Undistributed
Year or quarter                    inventory     profits                           profits with
valuation       tax                              inventory
and       liability     Total    Dividends  valuation and
capital                                          capital
consumption                                      consumption
adjustments                                      adjustments
----------------------------------------------------------------------------------------------------------------
1959.............................................         53.7         23.6       30.0       12.6         17.5

1960.............................................         52.3         22.7       29.6       13.4         16.3
1961.............................................         53.5         22.8       30.7       13.9         16.8
1962.............................................         61.6         24.0       37.6       15.0         22.6
1963.............................................         67.6         26.2       41.4       16.2         25.2
1964.............................................         74.8         28.0       46.8       18.2         28.6
1965.............................................         86.0         30.9       55.1       20.2         34.9
1966.............................................         92.0         33.7       58.3       20.7         37.6
1967.............................................         89.6         32.7       56.9       21.5         35.4
1968.............................................         96.5         39.4       57.2       23.5         33.6
1969.............................................         93.7         39.7       54.0       24.2         29.8

1970.............................................         81.6         34.4       47.3       24.3         23.0
1971.............................................         95.1         37.7       57.4       25.0         32.4
1972.............................................        109.8         41.9       67.9       26.8         41.1
1973.............................................        123.9         49.3       74.7       29.9         44.8
1974.............................................        114.5         51.8       62.7       33.2         29.5
1975.............................................        133.0         50.9       82.1       33.0         49.1
1976.............................................        160.6         64.2       96.4       39.0         57.3
1977.............................................        190.9         73.0      117.9       44.8         73.1
1978.............................................        217.2         83.5      133.7       50.8         82.9
1979.............................................        222.5         88.0      134.5       57.5         77.0

1980.............................................        198.5         84.8      113.7       64.1         49.6
1981.............................................        219.0         81.1      137.8       73.8         64.1
1982.............................................        201.2         63.1      138.2       76.2         61.9
1983.............................................        254.1         77.2      176.9       83.6         93.2
1984.............................................        309.8         94.0      215.7       91.0        124.7
1985.............................................        322.4         96.5      225.9       97.7        128.3
1986.............................................        300.7        106.5      194.2      106.3         88.0
1987.............................................        346.6        127.1      219.5      112.2        107.3
1988.............................................        405.0        137.2      267.9      129.6        138.3
1989.............................................        395.7        141.5      254.2      155.0         99.2

1990.............................................        408.6        140.6      268.0      165.6        102.4
1991.............................................        431.2        133.6      297.7      178.4        119.2
1992.............................................        453.1        143.1      309.9      185.5        124.4
1993.............................................        510.5        165.4      345.1      203.1        142.0
1994.............................................        573.2        186.7      386.5      234.9        151.6
1995.............................................        668.8        211.0      457.8      254.2        203.6
1996.............................................        754.0        223.6      530.4      297.7        232.7
1997.............................................        833.8        237.2      596.6      335.2        261.3
1998.............................................        777.4        238.8      538.6      348.7        189.9
1999.............................................        805.8        247.8      558.0      328.4        229.6

2000.............................................        788.1        259.4      528.7      376.1        152.6
2001.............................................        731.6        199.3      532.3      409.6        122.7

1998: I..........................................        787.4        239.9      547.5      349.4        198.1
II.........................................        769.6        237.8      531.8      350.4        181.4
III........................................        781.9        243.6      538.3      348.3        190.0
IV.........................................        770.8        234.1      536.8      346.7        190.1

1999: I..........................................        808.2        243.1      565.1      332.0        233.1
II.........................................        802.1        246.0      556.0      323.7        232.3
III........................................        788.0        246.3      541.7      324.3        217.4
IV.........................................        824.7        255.7      569.1      333.5        235.6

2000: I..........................................        807.6        270.8      536.8      351.1        185.7
II.........................................        807.3        267.3      540.0      369.7        170.4
III........................................        787.7        257.4      530.3      386.1        144.2
IV.........................................        749.7        241.9      507.8      397.6        110.2

2001: I..........................................        706.5        217.3      489.2      402.9         86.3
II.........................................        721.4        213.1      508.3      406.5        101.9
III........................................        687.2        196.2      490.9      411.4         79.5
IV.........................................        811.4        170.6      640.8      417.7        223.0

2002: I..........................................        797.6        202.4      595.2      424.2        171.0
II.........................................        785.0        213.7      571.3      430.8        140.5
III........................................        771.0        214.7      556.3      437.7        118.6
----------------------------------------------------------------------------------------------------------------
Source: Department of Commerce, Bureau of Economic Analysis.