[Economic Report of the President (2005)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-15.--Gross value added and price, costs, and profits of nonfinancial corporate business, 1959-2004
[Quarterly data at seasonally adjusted annual rates]
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Gross  value added      Price per unit of real gross value added of nonfinancial corporate business
of  nonfinancial                                   (dollars)\1\ \2\
corporate     -----------------------------------------------------------------------------------
business                                    Unit nonlabor cost            Corporate profits with
(billions of                 Com-   -------------------------------------  inventory valuation and
dollars) \1\                 pen-                                            capital consumption
Year or quarter                 --------------------            sation             Con-     Taxes      Net         adjustments \4\
of              sump-      on     interest --------------------------
Total\2\   employ-            tion    produc-     and              Taxes
Current   Chained                ees     Total     of      tion     miscel-              on    Profits
(2000)               (unit            fixed   and  im-   laneous   Total    corpo-    after
dollars   dollars               labor           capital    ports     pay-               rate    tax\5\
cost)                       \3\      ments             income
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1959............................................    266.0      980.4     0.271     0.174   0.051    0.022     0.026     0.003    0.046    0.021    0.025

1960............................................    276.4    1,012.0      .273      .178    .053     .022      .028      .003     .042     .019     .023
1961............................................    283.7    1,033.6      .274      .179    .054     .022      .028      .004     .042     .019     .023
1962............................................    309.8    1,120.7      .276      .178    .053     .021      .028      .004     .045     .018     .027
1963............................................    329.9    1,186.7      .278      .177    .053     .021      .028      .004     .048     .019     .028
1964............................................    356.1    1,270.3      .280      .178    .053     .021      .028      .004     .050     .019     .031
1965............................................    391.2    1,375.1      .284      .178    .053     .021      .028      .004     .053     .020     .034
1966............................................    429.0    1,472.6      .291      .185    .053     .021      .027      .005     .053     .020     .033
1967............................................    451.2    1,508.9      .299      .193    .057     .023      .028      .006     .050     .018     .031
1968............................................    497.8    1,604.8      .310      .201    .059     .023      .030      .006     .050     .021     .029
1969............................................    540.5    1,667.6      .324      .214    .065     .025      .032      .008     .045     .020     .025

1970............................................    558.3    1,649.9      .338      .228    .073     .028      .035      .010     .037     .017     .020
1971............................................    603.0    1,716.6      .351      .233    .077     .030      .037      .010     .042     .017     .025
1972............................................    669.5    1,846.4      .363      .240    .078     .031      .037      .010     .045     .018     .027
1973............................................    750.8    1,957.7      .384      .257    .081     .032      .038      .011     .046     .021     .025
1974............................................    809.8    1,925.4      .421      .287    .093     .038      .041      .014     .040     .022     .018
1975............................................    876.7    1,898.8      .462      .303    .106     .046      .045      .015     .052     .022     .030
1976............................................    989.7    2,050.0      .483      .318    .106     .047      .046      .013     .059     .026     .033
1977............................................  1,119.4    2,200.0      .509      .334    .110     .050      .047      .013     .064     .028     .037
1978............................................  1,272.9    2,344.1      .543      .361    .117     .055      .048      .014     .066     .029     .037
1979............................................  1,415.9    2,418.7      .585      .397    .127     .061      .049      .017     .062     .029     .032

1980............................................  1,537.1    2,394.6      .642      .438    .148     .070      .055      .023     .056     .028     .027
1981............................................  1,746.0    2,491.5      .701      .466    .167     .077      .063      .027     .067     .026     .041
1982............................................  1,806.2    2,430.6      .743      .495    .186     .087      .067      .032     .062     .020     .042
1983............................................  1,933.0    2,545.1      .759      .498    .185     .085      .070      .030     .076     .024     .052
1984............................................  2,167.5    2,772.8      .782      .507    .185     .083      .071      .031     .089     .027     .062
1985............................................  2,302.0    2,896.3      .795      .519    .190     .085      .073      .032     .085     .025     .060
1986............................................  2,387.5    2,963.3      .806      .534    .196     .086      .078      .032     .075     .026     .049
1987............................................  2,557.1    3,119.6      .820      .541    .195     .085      .079      .031     .083     .030     .053
1988............................................  2,771.6    3,300.7      .840      .549    .197     .085      .079      .033     .093     .031     .061
1989............................................  2,912.3    3,361.8      .866      .570    .213     .090      .081      .042     .084     .030     .054

1990............................................  3,041.5    3,404.0      .894      .591    .222     .094      .085      .043     .081     .029     .052
1991............................................  3,099.7    3,376.2      .918      .607    .234     .101      .093      .040     .077     .026     .051
1992............................................  3,236.0    3,479.5      .930      .619    .228     .102      .094      .032     .083     .027     .056
1993............................................  3,397.8    3,575.5      .950      .628    .228     .102      .097      .029     .095     .030     .065
1994............................................  3,669.5    3,797.9      .966      .627    .230     .103      .100      .027     .110     .035     .075
1995............................................  3,879.5    3,977.4      .975      .631    .230     .104      .097      .029     .114     .035     .078
1996............................................  4,109.5    4,196.4      .979      .627    .228     .104      .097      .027     .125     .036     .088
1997............................................  4,401.8    4,469.3      .985      .629    .228     .105      .095      .028     .128     .036     .092
1998............................................  4,655.0    4,725.4      .985      .645    .226     .104      .092      .030     .114     .034     .080
1999............................................  4,950.8    5,011.0      .988      .652    .229     .105      .092      .032     .107     .034     .073

2000............................................  5,272.2    5,272.2     1.000      .672    .237     .108      .093      .036     .090     .032     .058
2001............................................  5,293.5    5,224.5     1.013      .688    .257     .124      .094      .039     .068     .021     .047
2002............................................  5,377.7    5,275.9     1.019      .683    .257     .124      .099      .034     .079     .017     .062
2003............................................  5,606.8    5,423.0     1.034      .682    .258     .125      .101      .032     .095     .024     .071

2000: I.........................................  5,196.5    5,228.5      .994      .667    .232     .105      .092      .035     .095     .035     .060
II........................................  5,252.7    5,258.1      .999      .667    .236     .107      .093      .036     .096     .034     .062
III.......................................  5,316.9    5,302.1     1.003      .675    .238     .108      .093      .037     .089     .031     .058
IV........................................  5,322.4    5,299.9     1.004      .681    .242     .110      .095      .037     .081     .028     .052

2001: I.........................................  5,315.8    5,285.9     1.006      .684    .249     .117      .094      .038     .073     .024     .049
II........................................  5,321.3    5,256.7     1.012      .686    .254     .121      .094      .039     .072     .024     .048
III.......................................  5,279.1    5,197.6     1.016      .690    .261     .132      .089      .040     .066     .021     .044
IV........................................  5,257.7    5,158.0     1.019      .693    .263     .126      .098      .039     .063     .016     .047

2002: I.........................................  5,309.6    5,225.7     1.016      .683    .259     .124      .098      .037     .074     .014     .060
II........................................  5,375.6    5,279.7     1.018      .683    .257     .124      .098      .035     .079     .016     .062
III.......................................  5,392.8    5,294.6     1.019      .682    .257     .124      .099      .034     .080     .018     .062
IV........................................  5,432.9    5,303.5     1.024      .682    .257     .125      .099      .033     .085     .019     .066

2003: I.........................................  5,443.0    5,294.8     1.028      .685    .259     .126      .101      .032     .083     .023     .060
II........................................  5,547.8    5,373.1     1.033      .683    .257     .125      .100      .032     .093     .022     .071
III.......................................  5,669.0    5,471.9     1.036      .679    .256     .124      .101      .031     .100     .024     .076
IV........................................  5,767.5    5,552.0     1.039      .679    .255     .123      .101      .031     .104     .026     .078

2004: I.........................................  5,839.4    5,598.7     1.043      .682    .253     .120      .102      .031     .108     .026     .082
II........................................  5,955.5    5,657.4     1.053      .686    .253     .120      .102      .031     .113     .029     .084
III.......................................  6,036.7    5,731.7     1.053      .685    .255     .127      .097      .031     .113     .029     .084
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\1\ Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the Standard Industrial Classification (SIC); later
estimates are based on the North American Industry Classification System (NAICS).
\2\ The implicit price deflator for gross value added of nonfinancial corporate business divided by 100.
\3\ Less subsidies plus business current transfer payments.
\4\ Unit profits from current production.
\5\ With inventory valuation and capital consumption adjustments.

Source: Department of Commerce, Bureau of Economic Analysis.