[Economic Report of the President (2007)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] Table B-14.--Gross value added of nonfinancial corporate business, 1959-2006 [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Net value added Addenda: --------------------------------------------------------------------------------------------------------------- Gross Net operating surplus value Con- Taxes --------------------------------------------------------- added sump- Com- on Corporate profits with In- Capi- of non- tion pen- prod- Net Busi- inventory valuation and ven- tal Year or quarter finan- of sa- uction interest ness capital consumption Profits tory con- cial fixed Total tion and and cur- adjustments before valua- sump- corpo- cap- of imports Total mis- rent ----------------------------- tax tion tion rate ital employ- less cel- la- trans- Taxes ad- ad- busi- ees subsi- neous fer on cor- Profits just- just- ness \1\ dies pay- pay- Total porate after ment ment ments ments income tax \2\ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1959.......................................................... 266.0 21.1 244.9 170.8 24.4 49.7 2.9 1.3 45.5 20.7 24.8 43.4 -0.3 2.3 1960.......................................................... 276.4 22.6 253.8 180.4 26.6 46.8 3.2 1.4 42.2 19.1 23.1 40.1 -.2 2.3 1961.......................................................... 283.7 23.2 260.5 184.5 27.6 48.4 3.7 1.5 43.2 19.4 23.8 39.9 .3 3.0 1962.......................................................... 309.8 23.9 285.9 199.3 29.9 56.8 4.3 1.7 50.8 20.6 30.2 44.6 .0 6.1 1963.......................................................... 329.9 25.2 304.7 210.1 31.7 62.9 4.7 1.7 56.5 22.8 33.8 49.7 .1 6.8 1964.......................................................... 356.1 26.4 329.7 225.7 33.9 70.2 5.2 2.0 63.0 23.9 39.2 55.9 -.5 7.7 1965.......................................................... 391.2 28.4 362.8 245.4 36.0 81.4 5.8 2.2 73.3 27.1 46.2 66.1 -1.2 8.4 1966.......................................................... 429.0 31.5 397.4 272.9 37.0 87.6 7.0 2.7 77.9 29.5 48.4 71.4 -2.1 8.5 1967.......................................................... 451.2 34.3 416.8 291.1 39.3 86.4 8.4 2.8 75.2 27.8 47.3 67.6 -1.6 9.1 1968.......................................................... 497.8 37.6 460.2 321.9 45.5 92.8 9.7 3.1 80.0 33.5 46.5 74.0 -3.7 9.7 1969.......................................................... 540.5 42.4 498.1 357.1 50.2 90.8 12.7 3.2 74.9 33.3 41.6 71.2 -5.9 9.6 1970.......................................................... 558.3 46.8 511.5 376.5 54.2 80.7 16.6 3.3 60.9 27.3 33.6 58.5 -6.6 8.9 1971.......................................................... 603.0 50.7 552.4 399.4 59.5 93.4 17.6 3.7 72.1 30.0 42.1 67.4 -4.6 9.3 1972.......................................................... 669.5 56.4 613.2 443.9 63.7 105.6 18.6 4.0 83.0 33.8 49.2 79.2 -6.6 10.5 1973.......................................................... 750.8 62.7 688.1 502.2 70.1 115.8 21.8 4.7 89.4 40.4 49.0 99.4 -19.6 9.5 1974.......................................................... 809.8 74.1 735.7 552.2 74.4 109.1 27.5 4.1 77.5 42.8 34.7 110.1 -38.2 5.6 1975.......................................................... 876.7 87.9 788.7 575.5 80.2 133.1 28.4 5.0 99.6 41.9 57.7 110.7 -10.5 -.5 1976.......................................................... 989.7 97.0 892.7 651.4 86.7 154.7 26.0 7.0 121.7 53.5 68.2 138.2 -14.1 -2.4 1977.......................................................... 1,119.4 110.5 1,008.8 735.3 94.6 178.9 28.5 9.0 141.4 60.6 80.9 159.4 -15.7 -2.2 1978.......................................................... 1,272.9 127.8 1,145.1 845.3 102.7 197.0 33.4 9.5 154.1 67.6 86.6 183.7 -23.7 -5.9 1979.......................................................... 1,415.9 147.3 1,268.6 959.9 108.8 200.0 41.8 9.5 148.8 70.6 78.1 197.0 -40.1 -8.1 1980.......................................................... 1,537.1 168.2 1,368.9 1,049.8 121.5 197.6 54.2 10.2 133.2 68.2 65.0 184.0 -42.1 -8.7 1981.......................................................... 1,746.0 191.5 1,554.5 1,161.5 146.7 246.4 67.2 11.4 167.7 66.0 101.7 185.0 -24.6 7.4 1982.......................................................... 1,806.2 211.2 1,594.9 1,203.9 152.9 238.1 77.4 8.8 151.9 48.8 103.1 139.9 -7.5 19.5 1983.......................................................... 1,933.0 217.6 1,715.4 1,266.9 168.0 280.5 77.0 10.5 192.9 61.7 131.2 163.3 -7.4 37.1 1984.......................................................... 2,167.5 230.7 1,936.8 1,406.1 185.0 345.7 86.0 11.7 248.0 75.9 172.0 197.6 -4.0 54.3 1985.......................................................... 2,302.0 247.4 2,054.6 1,504.2 196.6 353.8 91.5 16.1 246.3 71.1 175.2 173.4 .0 72.8 1986.......................................................... 2,387.5 255.3 2,132.2 1,583.1 204.6 344.5 95.1 27.3 222.1 76.2 145.9 149.7 7.1 65.3 1987.......................................................... 2,557.1 266.5 2,290.6 1,687.8 216.8 386.0 96.4 29.9 259.7 94.2 165.5 209.8 -16.2 66.2 1988.......................................................... 2,771.6 281.6 2,490.0 1,812.8 233.8 443.4 109.8 27.4 306.2 104.0 202.3 260.4 -22.2 68.0 1989.......................................................... 2,912.3 301.6 2,610.7 1,914.7 248.2 447.9 142.0 23.0 282.9 101.2 181.7 238.7 -16.3 60.6 1990.......................................................... 3,041.5 319.2 2,722.3 2,012.9 263.5 445.8 146.2 25.4 274.3 98.5 175.8 239.0 -12.9 48.2 1991.......................................................... 3,099.7 341.4 2,758.3 2,048.4 285.7 424.2 135.9 26.7 261.5 88.6 172.9 222.4 4.9 34.2 1992.......................................................... 3,236.0 353.6 2,882.3 2,154.1 302.5 425.7 111.3 25.2 289.2 94.4 194.8 258.2 -2.8 33.8 1993.......................................................... 3,397.8 363.4 3,034.4 2,244.8 318.8 470.8 102.0 29.6 339.2 108.0 231.2 303.3 -4.0 39.9 1994.......................................................... 3,669.5 391.5 3,278.0 2,381.5 349.6 546.9 101.0 30.0 415.9 132.9 283.1 380.1 -12.4 48.3 1995.......................................................... 3,879.5 415.0 3,464.5 2,509.8 356.9 597.8 115.2 30.2 452.5 141.0 311.4 419.3 -18.3 51.5 1996.......................................................... 4,109.5 436.5 3,673.0 2,630.8 369.1 673.1 111.9 38.0 523.2 153.1 370.1 458.5 3.1 61.6 1997.......................................................... 4,401.8 467.1 3,934.7 2,812.9 385.5 736.3 124.0 39.0 573.4 161.9 411.5 494.2 14.1 65.0 1998.......................................................... 4,655.0 493.3 4,161.7 3,045.6 398.7 717.4 143.8 35.2 538.3 158.6 379.7 449.4 20.2 68.7 1999.......................................................... 4,950.8 523.8 4,427.0 3,267.7 416.6 742.7 160.2 45.0 537.6 171.2 366.3 457.9 1.0 78.7 2000.......................................................... 5,272.2 567.8 4,704.3 3,544.4 443.4 716.5 191.7 48.4 476.4 170.2 306.2 423.9 -14.1 66.6 2001.......................................................... 5,293.5 646.8 4,646.7 3,595.9 439.1 611.8 204.0 50.6 357.2 111.7 245.5 310.6 11.3 35.2 2002.......................................................... 5,371.7 643.6 4,728.2 3,611.9 465.5 650.8 167.4 54.0 429.4 97.0 332.3 336.3 -2.2 95.3 2003.......................................................... 5,558.4 657.5 4,900.9 3,703.2 488.5 709.2 152.6 64.4 492.1 135.7 356.4 425.4 -13.6 80.3 2004 ......................................................... 5,932.9 686.2 5,246.7 3,873.4 522.9 850.4 137.8 60.0 652.6 185.3 467.4 623.8 -39.8 68.6 2005 ......................................................... 6,369.7 739.7 5,630.1 4,099.7 558.1 972.2 156.6 51.4 764.2 251.4 512.9 932.6 -32.6 -135.8 2003: I....................................................... 5,443.9 651.8 4,792.1 3,631.3 479.2 681.6 167.2 61.0 453.4 129.4 324.0 408.6 -25.8 70.6 II...................................................... 5,501.6 655.5 4,846.1 3,680.1 476.9 689.1 155.5 63.8 469.8 123.5 346.4 384.9 -3.3 88.2 III..................................................... 5,603.3 659.3 4,944.0 3,727.0 495.3 721.8 147.2 66.0 508.6 135.8 372.7 428.8 -5.3 85.1 IV...................................................... 5,684.6 663.4 5,021.2 3,774.5 502.4 744.2 140.6 66.9 536.6 154.0 382.7 479.1 -19.9 77.5 2004: I....................................................... 5,780.2 666.0 5,114.1 3,794.8 511.8 807.5 135.4 66.5 605.6 164.3 441.3 552.7 -30.0 82.9 II...................................................... 5,878.9 672.3 5,206.6 3,834.5 519.5 852.7 137.5 66.6 648.7 186.0 462.7 621.0 -47.5 75.1 III..................................................... 5,992.9 716.8 5,276.1 3,897.7 524.8 853.6 137.8 40.4 675.4 199.2 476.2 654.3 -38.6 59.6 IV ..................................................... 6,079.6 689.7 5,389.9 3,966.5 535.6 887.7 140.3 66.5 681.0 191.6 489.4 667.3 -43.1 56.8 2005: I....................................................... 6,193.9 703.3 5,490.6 4,010.2 545.6 934.7 148.8 66.4 719.4 238.4 481.0 875.5 -39.2 -116.9 II...................................................... 6,324.4 713.2 5,611.3 4,049.9 556.8 1,004.6 152.9 67.3 784.3 244.9 539.4 931.4 -21.0 -126.2 III..................................................... 6,425.7 804.9 5,620.8 4,140.7 562.9 917.3 159.3 11.1 746.8 255.8 491.0 935.0 -30.9 -157.3 IV ..................................................... 6,534.8 737.2 5,797.6 4,198.0 567.2 1,032.4 165.1 60.9 806.4 266.4 540.0 988.7 -39.2 -143.0 2006: I....................................................... 6,788.2 733.7 6,054.5 4,341.0 576.7 1,136.8 175.1 60.9 900.9 280.9 620.0 1,050.6 -22.9 -126.8 II...................................................... 6,790.0 744.4 6,045.7 4,350.6 585.3 1,109.7 180.0 61.7 868.1 283.3 584.8 1,063.5 -58.9 -136.5 III..................................................... 6,919.5 746.3 6,173.2 4,403.1 586.5 1,183.7 177.2 62.5 943.9 299.6 644.3 1,119.2 -38.2 -137.1 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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\ With inventory valuation and capital consumption adjustments. Source: Department of Commerce, Bureau of Economic Analysis.