[Economic Report of the President (2005)]
[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, 1959-2004
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Corporate profits after tax with inventory valuation
and capital consumption adjustments
Corporate                      -----------------------------------------------------
profits with                                                            Undistributed
inventory         Taxes on                                            profits with
Year or quarter                          valuation  and       corporate                                             inventory
capital           income             Total        Net  dividends    valuation  and
consumption                                                               capital
adjustments                                                             consumption
adjustments
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959..........................................................              55.7              23.7              32.0              12.6              19.4

1960..........................................................              53.8              22.8              31.0              13.4              17.6
1961..........................................................              54.9              22.9              32.0              13.9              18.1
1962..........................................................              63.3              24.1              39.2              15.0              24.1
1963..........................................................              69.0              26.4              42.6              16.2              26.4
1964..........................................................              76.5              28.2              48.3              18.2              30.1
1965..........................................................              87.5              31.1              56.4              20.2              36.2
1966..........................................................              93.2              33.9              59.3              20.7              38.7
1967..........................................................              91.3              32.9              58.4              21.5              36.9
1968..........................................................              98.8              39.6              59.2              23.5              35.6
1969..........................................................              95.4              40.0              55.4              24.2              31.2

1970..........................................................              83.6              34.8              48.9              24.3              24.6
1971..........................................................              98.0              38.2              59.9              25.0              34.8
1972..........................................................             112.1              42.3              69.7              26.8              42.9
1973..........................................................             125.5              50.0              75.5              29.9              45.6
1974..........................................................             115.8              52.8              63.0              33.2              29.8
1975..........................................................             134.8              51.6              83.2              33.0              50.2
1976..........................................................             163.3              65.3              98.1              39.0              59.0
1977..........................................................             192.4              74.4             118.0              44.8              73.2
1978..........................................................             216.6              84.9             131.8              50.8              81.0
1979..........................................................             223.2              90.0             133.2              57.5              75.7

1980..........................................................             201.1              87.2             113.9              64.1              49.9
1981..........................................................             226.1              84.3             141.8              73.8              68.0
1982..........................................................             209.7              66.5             143.2              77.7              65.4
1983..........................................................             264.2              80.6             183.6              83.5             100.1
1984..........................................................             318.6              97.5             221.1              90.8             130.3
1985..........................................................             330.3              99.4             230.9              97.6             133.4
1986..........................................................             319.5             109.7             209.8             106.2             103.7
1987..........................................................             368.8             130.4             238.4             112.3             126.1
1988..........................................................             432.6             141.6             291.0             129.9             161.1
1989..........................................................             426.6             146.1             280.5             158.0             122.6

1990..........................................................             437.8             145.4             292.4             169.1             123.3
1991..........................................................             451.2             138.6             312.6             180.7             131.9
1992..........................................................             479.3             148.7             330.6             187.9             142.7
1993..........................................................             541.9             171.0             370.9             202.8             168.1
1994..........................................................             600.3             193.7             406.5             234.7             171.8
1995..........................................................             696.7             218.7             478.0             254.2             223.8
1996..........................................................             786.2             231.7             554.5             297.6             256.9
1997..........................................................             868.5             246.1             622.4             334.5             287.9
1998..........................................................             801.6             248.3             553.3             351.6             201.7
1999..........................................................             851.3             258.6             592.6             337.4             255.3

2000..........................................................             817.9             265.2             552.7             377.9             174.8
2001..........................................................             767.3             204.1             563.2             370.9             192.3
2002..........................................................             874.6             183.8             690.7             390.0             300.7
2003..........................................................           1,021.1             234.9             786.2             395.3             390.9
2004 p........................................................  ................  ................  ................             443.9  ................

2000: I.......................................................             832.6             280.8             551.8             360.3             191.6
II......................................................             833.0             272.5             560.5             377.3             183.2
III.....................................................             811.8             260.3             551.5             386.6             164.9
IV......................................................             794.3             247.1             547.2             387.6             159.6

2001: I.......................................................             778.7             222.5             556.2             379.2             177.0
II......................................................             783.1             217.9             565.2             370.1             195.1
III.....................................................             714.5             197.6             516.9             366.0             150.9
IV......................................................             793.0             178.6             614.4             368.4             246.1

2002: I.......................................................             838.2             168.9             669.3             378.7             290.6
II......................................................             868.4             183.5             685.0             389.2             295.8
III.....................................................             876.2             188.3             687.9             395.3             292.6
IV......................................................             915.4             194.7             720.6             396.9             323.7

2003: I.......................................................             912.0             224.0             688.0             396.0             292.0
II......................................................             986.2             224.6             761.7             394.7             367.0
III.....................................................           1,057.1             238.7             818.4             394.1             424.2
IV......................................................           1,129.1             252.3             876.8             396.4             480.4

2004: I.......................................................           1,165.6             256.5             909.1             403.4             505.7
II......................................................           1,173.9             271.2             902.7             413.2             489.5
III.....................................................           1,118.0             253.3             864.7             424.0             440.7
IV p....................................................  ................  ................  ................             534.7  ................
--------------------------------------------------------------------------------------------------------------------------------------------------------
Source: Department of Commerce, Bureau of Economic Analysis.