[Economic Report of the President (2004)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-28.--National income by type of income, 1959-2003
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Compensation of employees                        Proprietors' income
--------------------------------------------------------------------     with inventory
Wage and salary accruals     Supplements to wages and      valuation and capital   Rental
--------------------------            salaries                   consumption        income
--------------------------------       adjustments          of
Employer            ------------------------  persons
National                                                contribu-   Employer                            with
Year or  quarter             income                                                   tions   contribu-                           capital
Total             Gov-                         for     tions for                          consump-
Total    ern-    Other     Total    employee   govern-                             tion
ment                       pension      ment     Total   Farm  Nonfarm   adjust-
and insur-   social                             ment
ance     insur-
funds       ance
--------------------------------------------------------------------------------------------------------------------------------------------------
1959..............................     455.8     281.0    259.8    46.1    213.8      21.1      13.3        7.9     50.7   10.0     40.6     16.2

1960..............................     474.9     296.4    272.9    49.2    223.7      23.6      14.3        9.3     50.8   10.5     40.3     17.1
1961..............................     491.6     305.3    280.5    52.5    228.0      24.8      15.2        9.6     53.2   11.0     42.2     17.9
1962..............................     530.1     327.1    299.4    56.3    243.0      27.8      16.6       11.2     55.4   11.0     44.4     18.8
1963..............................     560.6     345.2    314.9    60.0    254.8      30.4      18.0       12.4     56.5   10.8     45.7     19.5
1964..............................     602.7     370.7    337.8    64.9    272.9      32.9      20.3       12.6     59.4    9.6     49.8     19.6
1965..............................     653.4     399.5    363.8    69.9    293.8      35.7      22.7       13.1     63.9   11.8     52.1     20.2
1966..............................     711.0     442.7    400.3    78.4    321.9      42.3      25.5       16.8     68.2   12.8     55.4     20.8
1967..............................     751.9     475.1    429.0    86.5    342.5      46.1      28.1       18.0     69.8   11.5     58.4     21.2
1968..............................     823.2     524.3    472.0    96.7    375.3      52.3      32.4       20.0     74.3   11.5     62.8     20.9
1969..............................     889.7     577.6    518.3   105.6    412.7      59.3      36.5       22.8     77.4   12.6     64.7     21.2

1970..............................     930.9     617.2    551.6   117.2    434.3      65.7      41.8       23.8     78.4   12.7     65.7     21.4
1971..............................   1,008.1     658.9    584.5   126.8    457.8      74.4      47.9       26.4     84.8   13.2     71.6     22.4
1972..............................   1,111.2     725.1    638.8   137.9    500.9      86.4      55.2       31.2     95.9   16.8     79.1     23.4
1973..............................   1,247.4     811.2    708.8   148.8    560.0     102.5      62.7       39.8    113.5   28.9     84.6     24.3
1974..............................   1,342.1     890.2    772.3   160.5    611.8     118.0      73.3       44.7    113.1   23.2     89.9     24.3
1975..............................   1,445.9     949.1    814.8   176.2    638.6     134.3      87.6       46.7    119.5   21.7     97.8     23.7
1976..............................   1,611.8   1,059.3    899.7   188.9    710.8     159.6     105.2       54.4    132.2   17.0    115.2     22.3
1977..............................   1,798.9   1,180.5    994.2   202.6    791.6     186.4     125.3       61.1    145.7   15.7    130.0     20.7
1978..............................   2,027.4   1,336.1  1,121.2   220.0    901.2     214.9     143.4       71.5    166.6   19.6    147.1     22.1
1979..............................   2,249.1   1,500.8  1,255.8   237.1  1,018.7     245.0     162.4       82.6    180.1   21.8    158.3     23.8

1980..............................   2,439.3   1,651.8  1,377.6   261.5  1,116.2     274.2     185.2       88.9    174.1   11.3    162.8     30.0
1981..............................   2,742.4   1,825.8  1,517.5   285.8  1,231.7     308.3     204.7      103.6    183.0   18.7    164.3     38.0
1982..............................   2,864.3   1,925.8  1,593.7   307.5  1,286.2     332.1     222.4      109.8    176.3   13.1    163.3     38.8
1983..............................   3,084.2   2,042.6  1,684.6   324.8  1,359.8     358.0     238.1      119.9    192.5    6.0    186.5     37.8
1984..............................   3,482.3   2,255.6  1,855.1   348.1  1,507.0     400.5     261.5      139.0    243.3   20.6    222.7     40.2
1985..............................   3,723.4   2,424.7  1,995.5   373.9  1,621.6     429.2     281.5      147.7    262.3   20.8    241.5     41.9
1986..............................   3,902.3   2,570.1  2,114.8   397.0  1,717.9     455.3     297.5      157.9    275.7   22.6    253.1     33.5
1987..............................   4,173.7   2,750.2  2,270.7   422.6  1,848.1     479.5     313.2      166.3    302.2   28.7    273.5     33.5
1988..............................   4,549.4   2,967.2  2,452.9   451.3  2,001.6     514.2     329.6      184.6    341.6   26.8    314.7     40.6
1989..............................   4,826.6   3,145.2  2,596.3   480.2  2,116.2     548.9     355.2      193.7    363.3   33.0    330.3     43.1

1990..............................   5,089.1   3,338.2  2,754.0   517.7  2,236.3     584.2     377.8      206.5    380.6   31.9    348.7     50.7
1991..............................   5,227.9   3,445.2  2,823.0   546.8  2,276.2     622.3     407.1      215.1    377.1   26.7    350.4     60.3
1992..............................   5,512.8   3,635.4  2,964.5   569.2  2,395.3     670.9     442.5      228.4    427.6   34.5    393.0     78.0
1993..............................   5,773.4   3,801.4  3,089.2   586.8  2,502.4     712.2     472.4      239.8    453.8   31.2    422.6     95.6
1994..............................   6,122.3   3,997.2  3,249.8   606.2  2,643.5     747.5     493.3      254.1    473.3   33.9    439.4    119.7
1995..............................   6,453.9   4,193.3  3,435.7   625.5  2,810.2     757.7     493.6      264.0    492.1   22.7    469.5    122.1
1996..............................   6,840.1   4,390.5  3,623.2   644.4  2,978.8     767.3     492.5      274.9    543.2   37.3    505.9    131.5
1997..............................   7,292.2   4,661.7  3,874.7   668.1  3,206.6     787.0     497.5      289.5    576.0   34.2    541.8    128.8
1998..............................   7,752.8   5,019.4  4,182.7   697.3  3,485.5     836.7     529.7      307.0    627.8   29.4    598.4    137.5
1999..............................   8,236.7   5,357.1  4,471.4   729.3  3,742.1     885.7     562.4      323.3    678.3   28.6    649.7    147.3

2000..............................   8,795.2   5,782.7  4,829.2   774.7  4,054.5     953.4     609.9      343.5    728.4   22.7    705.7    150.3
2001..............................   8,981.2   5,940.4  4,942.9   815.8  4,127.1     997.6     642.6      354.9    770.6   25.0    745.6    163.1
2002..............................   9,290.8   6,019.1  4,974.6   859.9  4,114.7   1,044.5     680.4      364.1    797.7   14.3    783.4    173.0

1999: I...........................   8,074.2   5,248.0  4,380.9   718.2  3,662.7     867.0     547.7      319.3    664.3   34.9    629.4    145.2
II..........................   8,161.3   5,302.5  4,425.4   724.3  3,701.1     877.1     556.0      321.1    672.0   29.3    642.7    147.6
III.........................   8,254.7   5,376.3  4,486.1   732.3  3,753.8     890.2     566.5      323.7    680.6   25.6    655.1    144.5
IV..........................   8,456.4   5,501.7  4,593.2   742.5  3,850.7     908.5     579.3      329.3    696.1   24.6    671.5    152.1

2000: I...........................   8,680.5   5,694.1  4,760.0   762.0  3,998.0     934.1     593.9      340.2    709.3   23.2    686.1    153.8
II..........................   8,750.4   5,727.2  4,783.2   772.8  4,010.5     944.0     603.7      340.3    726.5   23.8    702.7    148.5
III ........................   8,858.3   5,837.4  4,874.9   779.2  4,095.8     962.5     616.5      346.0    735.6   23.0    712.6    148.2
IV .........................   8,891.7   5,871.9  4,898.8   784.9  4,113.9     973.1     625.6      347.6    742.1   20.7    721.4    150.5

2001: I...........................   8,942.2   5,935.6  4,951.9   798.8  4,153.2     983.7     629.6      354.1    761.3   24.9    736.5    153.0
II..........................   8,946.2   5,936.0  4,945.0   809.1  4,135.9     991.0     636.5      354.5    766.4   24.8    741.5    155.6
III ........................   8,894.7   5,940.8  4,938.8   821.4  4,117.4   1,002.1     647.0      355.1    769.2   23.5    745.7    171.1
IV .........................   9,141.8   5,949.3  4,935.8   833.8  4,102.1   1,013.5     657.5      356.0    785.7   26.8    758.9    172.6

2002: I...........................   9,190.5   5,972.4  4,945.1   846.6  4,098.5   1,027.3     666.6      360.7    779.3   12.1    767.2    175.9
II..........................   9,281.1   6,014.8  4,973.1   856.0  4,117.1   1,041.7     677.9      363.9    796.2   15.2    780.9    184.4
III ........................   9,314.9   6,031.1  4,980.9   863.2  4,117.7   1,050.2     685.2      365.1    803.2   13.5    789.7    172.7
IV .........................   9,376.9   6,058.0  4,999.1   873.8  4,125.4   1,058.8     692.1      366.7    812.2   16.3    795.9    159.0

2003: I...........................   9,434.8   6,115.8  5,034.6   891.4  4,143.3   1,081.2     706.3      374.9    813.5   13.0    800.5    163.2
II..........................   9,584.9   6,164.8  5,070.8   898.1  4,172.7   1,093.9     717.3      376.6    838.8   20.0    818.8    153.4
III ........................   9,781.7   6,213.6  5,104.1   900.0  4,204.1   1,109.6     730.7      378.8    860.9   21.5    839.4    157.0

--------------------------------------------------------------------------------------------------------------------------------------------------------
See next page for continuation of table.


Table B-28.--National income by type of income, 1959-2003--Continued
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Corporate profits with inventory valuation and capital consumption adjustments
----------------------------------------------------------------------------------------
Profits with inventory valuation adjustment and without  capital                                                     Cur-
consumption adjustment                                    Net      Taxes              Busi-     rent
--------------------------------------------------------------------- Capital  interest     on                 ness   surplus
Profits                                  con-      and     produc-    Less:   current     of
Year or  quarter                                         -------------------------------------------------  Inven-    sump-    miscel-    tion     Subsi-    trans-  govern-
Total                                      Profits after tax         tory      tion    laneous     and      dies       fer     ment
Total    Profits  Taxes on -----------------------------   valu-   adjust-  payments   imports              pay-    enter-
before     corpo-              Net     Undis-     ation     ment                                  ments    prises
tax      rate      Total    divi-   tributed   adjust-
income              dends    profits    ment
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959....................................................      55.7      53.5      53.8      23.7      30.0     12.6      17.5      -0.3      2.2       9.6      41.1       1.1      1.8      1.0

1960....................................................      53.8      51.5      51.6      22.8      28.8     13.4      15.5       -.2      2.3      10.6      44.6       1.1      1.9       .9
1961....................................................      54.9      51.8      51.6      22.9      28.7     13.9      14.8        .3      3.0      12.5      47.0       2.0      2.0       .8
1962....................................................      63.3      57.0      57.0      24.1      32.9     15.0      17.9        .0      6.2      14.2      50.4       2.3      2.2       .9
1963....................................................      69.0      62.1      62.1      26.4      35.7     16.2      19.5        .1      6.8      15.2      53.4       2.2      2.7      1.4
1964....................................................      76.5      68.6      69.1      28.2      40.9     18.2      22.7       -.5      7.9      17.4      57.3       2.7      3.1      1.3
1965....................................................      87.5      78.9      80.2      31.1      49.1     20.2      28.9      -1.2      8.6      19.6      60.8       3.0      3.6      1.3
1966....................................................      93.2      84.6      86.7      33.9      52.8     20.7      32.1      -2.1      8.6      22.4      63.3       3.9      3.5      1.0
1967....................................................      91.3      82.0      83.5      32.9      50.6     21.5      29.1      -1.6      9.3      25.5      68.0       3.8      3.8       .9
1968....................................................      98.8      88.8      92.4      39.6      52.8     23.5      29.3      -3.7     10.0      27.1      76.5       4.2      4.3      1.2
1969....................................................      95.4      85.5      91.4      40.0      51.4     24.2      27.2      -5.9      9.9      32.7      84.0       4.5      4.9      1.0

1970....................................................      83.6      74.4      81.0      34.8      46.2     24.3      21.9      -6.6      9.2      39.1      91.5       4.8      4.5       .0
1971....................................................      98.0      88.3      92.9      38.2      54.7     25.0      29.7      -4.6      9.7      43.9     100.6       4.7      4.3      -.2
1972....................................................     112.1     101.2     107.8      42.3      65.5     26.8      38.6      -6.6     10.9      47.9     108.1       6.6      4.9       .5
1973....................................................     125.5     115.3     134.8      50.0      84.9     29.9      55.0     -19.6     10.2      55.2     117.3       5.2      6.0      -.4
1974....................................................     115.8     109.5     147.8      52.8      95.0     33.2      61.8     -38.2      6.2      70.8     125.0       3.3      7.1      -.9
1975....................................................     134.8     135.0     145.5      51.6      93.9     33.0      60.9     -10.5      -.2      81.6     135.5       4.5      9.4     -3.2
1976....................................................     163.3     165.6     179.7      65.3     114.4     39.0      75.4     -14.1     -2.3      85.5     146.6       5.1      9.5     -1.8
1977....................................................     192.4     194.7     210.4      74.4     136.0     44.8      91.2     -15.7     -2.3     101.1     159.9       7.1      8.4     -2.6
1978....................................................     216.6     222.4     246.1      84.9     161.3     50.8     110.5     -23.7     -5.8     115.0     171.2       8.9     10.6     -1.9
1979....................................................     223.2     231.8     271.9      90.0     181.9     57.5     124.4     -40.1     -8.5     138.9     180.4       8.5     13.0     -2.6

1980....................................................     201.1     211.4     253.5      87.2     166.3     64.1     102.2     -42.1    -10.2     181.8     200.7       9.8     14.4     -4.8
1981....................................................     226.1     219.1     243.7      84.3     159.4     73.8      85.6     -24.6      7.0     232.3     236.0      11.5     17.6     -4.9
1982....................................................     209.7     191.0     198.5      66.5     132.0     77.7      54.3      -7.5     18.6     271.1     241.3      15.0     20.1     -4.0
1983....................................................     264.2     226.5     233.9      80.6     153.3     83.5      69.8      -7.4     37.8     285.3     263.7      21.2     22.5     -3.1
1984....................................................     318.6     264.6     268.6      97.5     171.1     90.8      80.3      -4.0     54.0     327.1     290.2      21.0     30.1     -1.9
1985....................................................     330.3     257.5     257.4      99.4     158.0     97.6      60.5        .0     72.9     341.3     308.5      21.3     34.8       .8
1986....................................................     319.5     253.0     246.0     109.7     136.3    106.2      30.1       7.1     66.5     366.8     323.7      24.8     36.6      1.3
1987....................................................     368.8     301.4     317.6     130.4     187.2    112.3      74.9     -16.2     67.5     366.4     347.9      30.2     33.8      1.2
1988....................................................     432.6     363.9     386.1     141.6     244.4    129.9     114.5     -22.2     68.7     385.3     374.9      29.4     34.0      2.5
1989....................................................     426.6     367.4     383.7     146.1     237.7    158.0      79.7     -16.3     59.2     432.1     399.3      27.2     39.2      4.9

1990....................................................     437.8     396.6     409.5     145.4     264.1    169.1      95.0     -12.9     41.2     442.2     425.5      26.8     39.4      1.6
1991....................................................     451.2     427.9     423.0     138.6     284.4    180.7     103.7       4.9     23.3     418.2     457.5      27.3     39.9      5.7
1992....................................................     479.3     458.3     461.1     148.7     312.4    187.9     124.5      -2.8     21.1     388.5     483.8      29.9     42.4      7.6
1993....................................................     541.9     513.1     517.1     171.0     346.1    202.8     143.3      -4.0     28.8     365.7     503.4      36.4     40.7      7.2
1994....................................................     600.3     564.6     577.1     193.7     383.3    234.7     148.6     -12.4     35.7     366.4     545.6      32.2     43.3      8.6
1995....................................................     696.7     656.0     674.3     218.7     455.6    254.2     201.4     -18.3     40.7     367.1     558.2      34.0     46.9     11.4
1996....................................................     786.2     736.1     733.0     231.7     501.4    297.6     203.8       3.1     50.1     376.2     581.1      34.3     53.1     12.7
1997....................................................     868.5     812.3     798.2     246.1     552.1    334.5     217.6      14.1     56.2     415.6     612.0      32.9     49.9     12.6
1998....................................................     801.6     738.5     718.3     248.3     470.0    351.6     118.3      20.2     63.1     487.1     639.8      35.4     64.7     10.3
1999....................................................     851.3     776.8     775.9     258.6     517.2    337.4     179.9       1.0     74.5     495.4     674.0      44.2     67.4     10.1

2000....................................................     817.9     759.3     773.4     265.2     508.2    377.9     130.3     -14.1     58.6     559.0     708.9      44.3     87.1      5.3
2001....................................................     770.4     705.9     696.8     201.1     495.6    373.2     122.4       9.1     64.5     568.4     729.8      55.3     92.5      1.2
2002....................................................     904.2     742.7     745.0     195.0     549.9    398.3     151.6     --2.2    161.5     582.4     760.1      38.2     89.8      2.8

1999: I.................................................     844.2     771.3     750.3     251.0     499.3    339.9     159.4      20.9     72.9     480.6     657.9      41.3     64.2     11.2
II................................................     849.3     773.2     766.5     256.5     510.0    333.4     176.6       6.6     76.2     490.6     667.5      44.0     65.4     10.5
III...............................................     842.3     766.8     775.3     260.2     515.1    334.2     180.9      -8.5     75.5     498.8     679.6      45.6     68.1     10.0
IV................................................     869.3     796.1     811.4     266.8     544.5    342.0     202.6     -15.3     73.2     511.5     691.2      45.8     71.8      8.6

2000: I.................................................     832.6     766.8     795.4     280.8     514.6    360.3     154.4     -28.6     65.8     548.3     697.6      44.4     81.3      7.9
II................................................     833.0     773.5     784.8     272.5     512.2    377.3     135.0     -11.3     59.6     560.6     706.9      44.4     85.0      7.1
III...............................................     811.8     756.3     762.6     260.3     502.3    386.6     115.7      -6.3     55.5     564.3     712.2      44.3     88.9      4.2
IV................................................     794.3     740.7     750.8     247.1     503.7    387.6     116.1     -10.1     53.6     563.0     718.7      44.1     93.1      2.2

2001: I.................................................     755.8     730.7     735.5     219.1     516.4    380.0     136.4      -4.9     25.1     563.9     752.2      52.5     97.0      3.0
II................................................     748.6     731.4     733.0     217.2     515.8    371.5     144.3      -1.6     17.2     566.7     727.2      58.3    102.4      1.6
III ..............................................     713.6     685.8     671.5     198.2     473.3    368.7     104.6      14.3     27.8     568.0     727.5      67.2     71.1       .6
IV ...............................................     863.6     675.7     647.0     170.1     477.0    372.6     104.4      28.7    187.9     575.2     739.4      43.2     99.5      -.3

2002: I.................................................     880.1     702.7     690.6     181.6     509.0    382.3     126.7      12.1    177.4     581.2     745.8      40.1     94.7      1.2
II................................................     901.9     738.9     738.0     197.1     540.9    393.5     147.4        .9    163.0     572.8     757.6      37.9     90.6       .6
III ..............................................     899.8     745.1     756.3     198.6     557.7    404.3     153.4     -11.1    154.7     585.7     767.4      38.2     87.8      5.4
IV ...............................................     934.9     784.2     795.0     202.9     592.1    413.1     179.1     -10.8    150.7     589.7     769.5      36.7     86.2      4.1

2003: I.................................................     927.1     780.9     809.0     213.9     595.0    420.3     174.7     -28.1    146.3     589.3     774.2      44.7     90.1      6.3
II................................................   1,022.8     793.6     792.5     211.4     581.0    427.5     153.5       1.2    229.2     581.7     782.1      56.9     92.5      5.8
III ..............................................   1,124.2     864.2     865.9     230.6     635.4    434.3     201.1      -1.8    260.1     579.9     791.5      46.3     97.1      3.7
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Source: Department of Commerce, Bureau of Economic Analysis.