[Economic Report of the President (2007)] [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, 1959-2006 [Quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------------------------------------------------------------------------------- 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............................................ 5,371.7 5,269.7 1.019 .685 .253 .122 .099 .032 .081 .018 .063 2003............................................ 5,558.4 5,387.5 1.032 .687 .253 .122 .103 .028 .091 .025 .066 2004............................................ 5,932.9 5,630.0 1.054 .688 .250 .122 .104 .024 .116 .033 .083 2005............................................ 6,369.7 5,852.9 1.088 .700 .257 .126 .104 .027 .131 .043 .088 2003: I......................................... 5,443.9 5,298.6 1.027 .685 .257 .123 .102 .032 .086 .024 .061 II........................................ 5,501.6 5,345.0 1.029 .689 .253 .123 .101 .029 .088 .023 .065 III....................................... 5,603.3 5,424.6 1.033 .687 .252 .122 .103 .027 .094 .025 .069 IV........................................ 5,684.6 5,481.9 1.037 .689 .251 .121 .104 .026 .098 .028 .070 2004: I......................................... 5,780.2 5,549.0 1.042 .684 .248 .120 .104 .024 .109 .030 .080 II........................................ 5,878.9 5,587.8 1.052 .686 .250 .120 .105 .025 .116 .033 .083 III....................................... 5,992.9 5,677.7 1.056 .686 .250 .126 .100 .024 .119 .035 .084 IV........................................ 6,079.6 5,705.7 1.066 .695 .252 .121 .106 .025 .119 .034 .086 2005: I......................................... 6,193.9 5,763.4 1.075 .696 .254 .122 .106 .026 .125 .041 .083 II........................................ 6,324.4 5,844.4 1.082 .693 .255 .122 .107 .026 .134 .042 .092 III....................................... 6,425.7 5,875.8 1.094 .705 .262 .137 .098 .027 .127 .044 .084 IV........................................ 6,534.8 5,927.8 1.102 .708 .258 .124 .106 .028 .136 .045 .091 2006: I......................................... 6,788.2 6,111.2 1.111 .710 .253 .120 .104 .029 .147 .046 .101 II........................................ 6,790.0 6,069.0 1.119 .717 .260 .123 .107 .030 .143 .047 .096 III....................................... 6,919.5 6,177.3 1.120 .713 .255 .121 .105 .029 .153 .049 .104 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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.